Axfood (AXFO) Stock Overview
Engages in the food retail and wholesale businesses primarily in Sweden. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 3/6 |
| Past Performance | 6/6 |
| Financial Health | 3/6 |
| Dividends | 5/6 |
Rewards
Risk Analysis
AXFO passed our risk checks.
AXFO Community Fair Values
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Analyst Price Targets
Top Community Narratives
SEK 280.41
FV
14.6% undervalued intrinsic discount5.00%
Revenue growth p.a.
119
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Axfood AB (publ) Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | SEK 239.50 |
| 52 Week High | SEK 339.00 |
| 52 Week Low | SEK 226.10 |
| Beta | 0.60 |
| 1 Month Change | -10.43% |
| 3 Month Change | -13.66% |
| 1 Year Change | -19.74% |
| 3 Year Change | -8.73% |
| 5 Year Change | 3.46% |
| Change since IPO | 1,221.38% |
Recent News & Updates
Narrative Update • Jul 30
AXFO: Q2 Margin Resilience And Investments Will Support Balanced Future Returns
Analysts have trimmed their Axfood price target from SEK270 to SEK250 as they refresh their assumptions around fair value, discount rate, revenue growth, profit margins and future P/E levels. What’s in the News for Axfood Axfood reported Q2 2026 sales that were described as modest, with earnings improved despite food price deflation and high competition.
New Narrative • Jul 16
Store Modernization And Logistics Automation Will Shape A Cautious Yet Supportive Long-Term Outlook
Catalysts About Axfood Axfood operates food retail chains and wholesale businesses in Sweden, serving consumers through formats such as Willys, Hemköp, City Gross, Snabbgross and Dagab. What are the underlying business or industry changes driving this perspective?Narrative Update • Jul 16
AXFO: Q2 Margin Gains And Investments Will Support Measured Upside Potential
Analysts have trimmed their price target on Axfood to SEK270 from about SEK286.67, citing updated assumptions for fair value, discount rate, revenue growth, profit margin and future P/E. What’s in the News for Axfood Axfood reports modest net sales growth in Q2 2026, while earnings and margins improved despite food price deflation and intense market competition.Recent updates
Narrative Update • Jul 30
AXFO: Q2 Margin Resilience And Investments Will Support Balanced Future Returns
Analysts have trimmed their Axfood price target from SEK270 to SEK250 as they refresh their assumptions around fair value, discount rate, revenue growth, profit margins and future P/E levels. What’s in the News for Axfood Axfood reported Q2 2026 sales that were described as modest, with earnings improved despite food price deflation and high competition.New Narrative • Jul 16
Store Modernization And Logistics Automation Will Shape A Cautious Yet Supportive Long-Term Outlook
Catalysts About Axfood Axfood operates food retail chains and wholesale businesses in Sweden, serving consumers through formats such as Willys, Hemköp, City Gross, Snabbgross and Dagab. What are the underlying business or industry changes driving this perspective?Narrative Update • Jul 16
AXFO: Q2 Margin Gains And Investments Will Support Measured Upside Potential
Analysts have trimmed their price target on Axfood to SEK270 from about SEK286.67, citing updated assumptions for fair value, discount rate, revenue growth, profit margin and future P/E. What’s in the News for Axfood Axfood reports modest net sales growth in Q2 2026, while earnings and margins improved despite food price deflation and intense market competition.Narrative Update • Jun 29
AXFO: CFO Transition And Slightly Softer Outlook Will Shape Measured Upside Potential
Analysts have trimmed their Axfood price target by about SEK 9 to reflect slightly lower fair value estimates, modest adjustments to growth and margin assumptions, and a marginally higher discount rate and future P/E multiple. What’s in the News for Axfood Axfood announced that CFO Anders Lexmon has decided to leave the company to pursue opportunities outside the Group, according to a key developments filing.Narrative Update • Jun 15
AXFO: Dividend Stability And Softer Outlook Will Shape Measured Upside Potential
Analysts have trimmed their stance on Axfood, with a reduced price target now at SEK295.83. This reflects more cautious views following recent downgrades that point to slightly softer growth and margin expectations, alongside a modestly lower discount rate and a nearly unchanged future P/E multiple.Narrative Update • Jun 01
AXFO: Dividend Framework And Cautious P E Reset Will Support Upside Potential
Axfood's analyst price target has been adjusted from SEK 308 to about SEK 296, as analysts factor in slightly lower projected profit margins, a modestly different discount rate, and revised expectations for future P/E multiples following recent cautious research updates. What's in the News CFO Anders Lexmon plans to leave Axfood to pursue opportunities outside the group.Narrative Update • May 14
AXFO: Dividend Policy And Re Rated P/E Will Support Constructive Hold Outlook
Narrative Update Analysts now set Axfood's fair value at SEK 308, up from SEK 306. This reflects a slightly higher assumed future P/E alongside recent downgrades that point to valuation concerns after the stock's rally.Analysis Article • May 05
Statutory Profit Doesn't Reflect How Good Axfood's (STO:AXFO) Earnings Are
Axfood AB (publ)'s ( STO:AXFO ) earnings announcement last week was disappointing for investors, despite the decent...Narrative Update • Apr 28
AXFO: Store Expansion And Dividend Policy Will Underpin Balanced Hold Outlook
Analysts have reduced their fair value estimate for Axfood to SEK 306 from SEK 313.75, reflecting slightly higher discount rate assumptions and updated expectations for growth, margins and P/E multiples following recent downgrades after the share price rally. Analyst Commentary Bullish Takeaways Bullish analysts still see room for upside to their price targets, with one recent target set at NOK 340, which they view as aligned with the stock's stronger recent share price performance.Analysis Article • Apr 26
Axfood AB (publ) Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
It's been a sad week for Axfood AB (publ) ( STO:AXFO ), who've watched their investment drop 11% to kr284 in the week...Narrative Update • Apr 13
AXFO: Store Expansion And Dividend Policy Will Support Cautious Hold Era
Axfood's updated analyst price target has been set at SEK 313.75, reflecting a slightly lower discount rate and modest adjustments to revenue growth, profit margin and future P/E assumptions. Recent downgrades to Hold by analysts are focused more on valuation after the share rally than on major changes to the company’s fundamentals.Narrative Update • Mar 29
AXFO: Store Expansion And Dividend Policy Will Support Balanced Returns Outlook
Axfood's analyst price target has been adjusted from SEK 305.00 to SEK 313.75. This reflects updated assumptions on revenue growth, profit margins and future P/E, even as recent Street research has shifted to a more cautious stance on the shares.Narrative Update • Mar 15
AXFO: Store Expansion And Automation Will Support Balanced Returns Outlook
Analysts have maintained their fair value estimate for Axfood at SEK 305.00. A recent increase in the Street price target to SEK 340.00, supported by slightly adjusted discount rate and P/E assumptions, reflects more cautious sentiment following the share price rally.Narrative Update • Mar 01
AXFO: Automation And Store Expansion Will Shape Balanced Returns Outlook
Analysts have nudged their Axfood fair value estimate higher from SEK 297.50 to SEK 305.00, reflecting updated assumptions on discount rate, revenue growth, profit margin and future P/E that are broadly consistent with recent price target moves, including the latest SEK 340 target from a Hold rating. Analyst Commentary Bullish Takeaways Bullish analysts are still lifting their price targets, with the latest move up to NOK 340 suggesting they see room for further upside versus prior expectations, even if they are more cautious on rating.Narrative Update • Feb 15
AXFO: Automation Investment And Store Expansion Will Pressure Returns Over Time
Axfood's analyst price target remains at SEK 297.50, with analysts citing largely unchanged fair value estimates, discount rate assumptions, revenue growth expectations, profit margin outlook, and forward P/E inputs as support for maintaining their view. What's in the News The Board of Directors has proposed a dividend of SEK 9.00 per share, compared with SEK 8.75, split into two payments of SEK 4.50 per share in March 2026 and SEK 4.50 per share in September 2026, with record dates on 20 March 2026 and 18 September 2026 respectively (Key Developments).Narrative Update • Feb 01
AXFO: New Logistics Centre And Store Expansion Will Support Balanced Outlook
Analysts have slightly lifted their price target for Axfood from SEK 293.75 to SEK 297.50, citing updated assumptions around the discount rate, revenue growth, profit margin and future P/E as key drivers of the change. What's in the News Axfood plans to establish 10 to 15 new group owned stores in 2026, pointing to a larger physical store network over the next few years (Key Developments).Narrative Update • Jan 18
AXFO: New Logistics Centre And Automation Plans Will Support Balanced Outlook
Analysts have raised their fair value estimate for Axfood from SEK 278.75 to about SEK 293.75, citing updated assumptions for revenue growth, discount rate, profit margins and future P/E. What's in the News Axfood has signed an agreement with German warehouse automation supplier Witron to deliver automation equipment for a new logistics centre in Kungsbacka, following earlier letters of intent between the parties.Analysis Article • Jan 01
Is Axfood AB (publ) (STO:AXFO) Trading At A 41% Discount?
Key Insights The projected fair value for Axfood is kr493 based on 2 Stage Free Cash Flow to Equity Axfood is estimated...Analysis Article • Nov 22
Axfood (STO:AXFO) Has A Pretty Healthy Balance Sheet
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Analysis Article • Nov 03
We Think You Can Look Beyond Axfood's (STO:AXFO) Lackluster Earnings
Axfood AB (publ)'s ( STO:AXFO ) earnings announcement last week didn't impress shareholders. While the headline numbers...Narrative Update • Oct 26
Automation And Environmental Focus Will Drive Efficiency With New Logistics Centre
Analysts have lowered their fair value estimate for Axfood from SEK 285.00 to SEK 278.75. This adjustment reflects updated assumptions about discount rates, revenue growth, and profit margins.Analysis Article • Oct 16
Subdued Growth No Barrier To Axfood AB (publ)'s (STO:AXFO) Price
Axfood AB (publ)'s ( STO:AXFO ) price-to-earnings (or "P/E") ratio of 29.1x might make it look like a sell right now...Analysis Article • Sep 28
Axfood (STO:AXFO) Might Be Having Difficulty Using Its Capital Effectively
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'll...Narrative Update • Sep 05
Logistics Automation And Eco Initiatives Will Secure Swedish Retail Strength
With no change in key valuation metrics such as the discount rate (5.23%) and future P/E (20.66x), Axfood’s consensus analyst price target remains steady at SEK285.00. What's in the News Axfood will establish a new highly automated logistics centre in southern Sweden, with completion and ramp-up planned for 2030.New Narrative • Jul 06
Omni-channel Pressure Will Constrain Margins Yet Spur Efficiency Gains
Intensifying competition, shifting consumer preferences, and ongoing investment needs may challenge Axfood's growth, margin expansion, and ability to capture additional market share.New Narrative • Feb 16
Axfood's E-commerce Growth Will Drive Sales in a Digital Age
Are there any products or services that could move sales or earnings meaningfully?Most Immediate Catalyst (1–2 Years):E-commerce Expansion: Accelerating its online grocery platform can capture increasShareholder Returns
| AXFO | SE Consumer Retailing | SE Market | |
|---|---|---|---|
| 7D | -1.6% | -1.4% | 2.0% |
| 1Y | -19.7% | 3.1% | 13.9% |
Return vs Industry: AXFO underperformed the Swedish Consumer Retailing industry which returned 3.1% over the past year.
Return vs Market: AXFO underperformed the Swedish Market which returned 13.9% over the past year.
Price Volatility
| AXFO volatility | |
|---|---|
| AXFO Average Weekly Movement | 4.9% |
| Consumer Retailing Industry Average Movement | 4.2% |
| Market Average Movement | 5.8% |
| 10% most volatile stocks in SE Market | 11.6% |
| 10% least volatile stocks in SE Market | 3.2% |
Stable Share Price: AXFO has not had significant price volatility in the past 3 months compared to the Swedish market.
Volatility Over Time: AXFO's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1997 | 15,000 | Simone Margulies | www.axfood.com |
Axfood AB (publ) engages in the food retail and wholesale businesses primarily in Sweden. The company operates through five segments: Willys, Hemköp, City Gross, Snabbgross, and Dagab. The company sells groceries through Willys, HANDLAR’N, Hemköp, and Eurocash, City Gross, and Tempo store chains.
Axfood AB (publ) Fundamentals Summary
| AXFO fundamental statistics | |
|---|---|
| Market cap | SEK 51.70b |
| Earnings (TTM) | SEK 2.43b |
| Revenue (TTM) | SEK 89.91b |
21.3x
P/E Ratio0.6x
P/S RatioIs AXFO overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| AXFO income statement (TTM) | |
|---|---|
| Revenue | SEK 89.91b |
| Cost of Revenue | SEK 76.65b |
| Gross Profit | SEK 13.26b |
| Other Expenses | SEK 10.83b |
| Earnings | SEK 2.43b |
Last Reported Earnings
Jun 30, 2026
Next Earnings Date
Oct 22, 2026
| Earnings per share (EPS) | 11.26 |
| Gross Margin | 14.75% |
| Net Profit Margin | 2.70% |
| Debt/Equity Ratio | 40.1% |
How did AXFO perform over the long term?
See historical performance and comparisonDividends
3.8%
Current Dividend Yield80%
Payout RatioDoes AXFO pay a reliable dividends?
See AXFO dividend history and benchmarks| Axfood dividend dates | |
|---|---|
| Ex Dividend Date | Sep 17 2026 |
| Dividend Pay Date | Sep 23 2026 |
| Days until Ex dividend | 39 days |
| Days until Dividend pay date | 45 days |
Does AXFO pay a reliable dividends?
See AXFO dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/08/09 05:19 |
| End of Day Share Price | 2026/08/07 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Axfood AB (publ) is covered by 9 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | ABG Sundal Collier |
| William Woods | Bernstein |
| Richard Trainor | Bernstein |