Calculating The Fair Value Of FIFAX Abp (HEL:FIFAX)
Jul 03
Finnish (OMX) Food Industry Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies6
- 7D-1.3%
- 3M2.7%
- 1Y3.4%
- YTD-3.0%
Over the last 7 days, the Food industry has dropped 1.3%, driven by Atria Oyj declining 3.4%. This takes the industry's 12 month performance to a gain of 3.4%. Looking forward, earnings are forecast to grow by 26% annually.
Industry Valuation and Performance
Has the Finnish Food Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | €803.8m | €3.4b | -€13,223,772.00 | 18.1x | -60.8x | 0.2x |
| Sun, 23 Jun 2024 | €783.7m | €3.4b | -€20,423,772.00 | 17.3x | -38.4x | 0.2x |
| Tue, 21 May 2024 | €792.7m | €3.4b | -€20,423,772.00 | 17.5x | -38.8x | 0.2x |
| Thu, 18 Apr 2024 | €795.5m | €3.4b | -€19,823,772.00 | 16.9x | -40.1x | 0.2x |
| Sat, 16 Mar 2024 | €774.4m | €3.4b | -€20,223,286.00 | 16.8x | -38.3x | 0.2x |
| Mon, 12 Feb 2024 | €836.1m | €4.1b | -€4,046,564.00 | 17.3x | -206.6x | 0.2x |
| Wed, 10 Jan 2024 | €852.0m | €4.1b | -€4,708,427.00 | 17.7x | -180.9x | 0.2x |
| Fri, 08 Dec 2023 | €796.3m | €4.1b | -€4,708,427.00 | 16.6x | -169.1x | 0.2x |
| Sun, 05 Nov 2023 | €819.6m | €4.1b | -€6,608,427.00 | 16.9x | -124x | 0.2x |
| Tue, 03 Oct 2023 | €821.9m | €4.1b | -€4,808,427.00 | 18.5x | -170.9x | 0.2x |
| Thu, 31 Aug 2023 | €809.7m | €4.1b | -€4,808,427.00 | 19.3x | -168.4x | 0.2x |
| Sat, 29 Jul 2023 | €776.3m | €4.1b | -€10,390,427.00 | 25.3x | -74.7x | 0.2x |
| Mon, 26 Jun 2023 | €832.0m | €4.1b | -€490,427.00 | 23.8x | -1696.4x | 0.2x |
| Wed, 24 May 2023 | €839.7m | €4.1b | -€490,427.00 | 23.8x | -1712.2x | 0.2x |
| Fri, 21 Apr 2023 | €941.0m | €4.0b | -€7,890,427.00 | 32.2x | -119.3x | 0.2x |
| Sun, 19 Mar 2023 | €881.0m | €4.0b | -€7,890,427.00 | 31.3x | -111.7x | 0.2x |
| Tue, 14 Feb 2023 | €900.2m | €4.2b | €14.2m | 32.2x | 63.3x | 0.2x |
| Thu, 12 Jan 2023 | €842.9m | €4.2b | €13.5m | 25.1x | 62.6x | 0.2x |
| Sat, 10 Dec 2022 | €830.3m | €4.2b | €13.5m | 24x | 61.6x | 0.2x |
| Mon, 07 Nov 2022 | €780.0m | €4.1b | €18.1m | 20.5x | 43.2x | 0.2x |
| Wed, 05 Oct 2022 | €768.8m | €4.1b | €32.7m | 22.4x | 23.5x | 0.2x |
| Fri, 02 Sep 2022 | €833.7m | €4.1b | €32.7m | 23.4x | 25.5x | 0.2x |
| Sun, 31 Jul 2022 | €868.6m | €4.1b | €27.1m | 29.9x | 32.1x | 0.2x |
| Tue, 28 Jun 2022 | €833.2m | €4.0b | -€5,347,344.00 | 31x | -155.8x | 0.2x |
| Thu, 26 May 2022 | €833.7m | €3.9b | -€847,344.00 | 29.2x | -983.9x | 0.2x |
| Sat, 23 Apr 2022 | €1.0b | €3.9b | €10.9m | 34.1x | 92.4x | 0.3x |
| Mon, 21 Mar 2022 | €1.0b | €3.9b | €10.9m | 32x | 94x | 0.3x |
| Wed, 16 Feb 2022 | €1.1b | €3.9b | €7.5m | 27.2x | 150.4x | 0.3x |
| Fri, 14 Jan 2022 | €1.2b | €3.9b | €18.6m | 39.3x | 64.3x | 0.3x |
| Sun, 12 Dec 2021 | €1.2b | €3.9b | €18.6m | 37.8x | 63.6x | 0.3x |
| Tue, 09 Nov 2021 | €1.2b | €3.9b | €18.6m | 42.1x | 65.8x | 0.3x |
| Thu, 07 Oct 2021 | €1.2b | €3.9b | €19.9m | 41.2x | 58x | 0.3x |
| Sat, 04 Sep 2021 | €1.3b | €3.9b | €19.9m | 45.9x | 64.3x | 0.3x |
| Mon, 02 Aug 2021 | €1.3b | €3.9b | €19.9m | 46.3x | 66.9x | 0.3x |
Price to Earnings Ratio
66.9x
Current Industry PE
- Investors are relatively neutral on the Finnish Food industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PS ratio of 0.23x.
Past Earnings Growth
- Total earnings for the Food industry have declined over the last three years, with the industry now making a loss overall.
- Revenues have also declined 4.7% per year, which is driving profits down.
Industry Trends
Which industries have driven the changes within the Finnish Consumer Staples industry?
| FI Market | -1.31% | |
| Consumer Staples | -1.75% | |
| Food | -1.29% | |
| Agricultural Products | 0% | |
| Packaged Foods and Meats | -1.29% | |
Industry PE
Forecasted Growth
- Analysts are most optimistic on the Packaged Foods and Meats industry, expecting annual earnings growth of 26% over the next 5 years.
- However this is lower than its past earnings growth rate of 203% per year.
- In contrast, the Packaged Foods and Meats industry is expected to see its earnings grow by 26% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| FODELIA Fodelia Oyj | €5.78 | 1.4% +€644.5k | 44.9% | PE38.7x | |
| RAIVV Raisio | €1.99 | 0.1% +€316.0k | 3.3% | PE18x | |
| FIFAX FIFAX Abp | €0.21 | 1.0% +€150.0k | -32.7% | PS127.2x |
