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Norwegian (OSEAX) Consumer Staples Sector Analysis

UpdatedJun 05, 2026
DataAggregated Company Financials
Companies27
  • 7D-5.1%
  • 3M-13.7%
  • 1Y-3.1%
  • YTD-15.7%

Over the last 7 days, the Consumer Staples industry has dropped 5.2%, driven by Orkla declining 5.8%. On the other hand Arctic Fish Holding is actually up 13%. As for the longer term, the industry's performance has been flat for the past year. As for the next few years, earnings are expected to grow by 22% per annum.

Sector Valuation and Performance

Has the Norwegian Consumer Staples Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 05 Jun 2026NOK 375.3bNOK 263.5bNOK 16.6b20.9x22.6x1.4x
Sun, 03 May 2026NOK 405.8bNOK 259.1bNOK 12.9b39.8x31.5x1.6x
Tue, 31 Mar 2026NOK 424.5bNOK 261.3bNOK 13.0b42.6x32.8x1.6x
Thu, 26 Feb 2026NOK 442.0bNOK 265.1bNOK 11.1b34.6x40x1.7x
Sat, 24 Jan 2026NOK 404.4bNOK 265.5bNOK 8.8b24.3x46.1x1.5x
Mon, 22 Dec 2025NOK 442.3bNOK 267.8bNOK 8.8b27.2x50.1x1.7x
Wed, 19 Nov 2025NOK 402.3bNOK 265.4bNOK 8.4b24.7x48x1.5x
Fri, 17 Oct 2025NOK 424.6bNOK 263.7bNOK 6.9b29.9x61.7x1.6x
Sun, 14 Sep 2025NOK 413.2bNOK 261.9bNOK 7.0b26.1x59.4x1.6x
Tue, 12 Aug 2025NOK 387.0bNOK 260.7bNOK 10.0b22.7x38.9x1.5x
Thu, 10 Jul 2025NOK 374.6bNOK 259.5bNOK 10.3b21.3x36.3x1.4x
Sat, 07 Jun 2025NOK 385.5bNOK 257.4bNOK 10.2b22.2x37.8x1.5x
Mon, 05 May 2025NOK 400.5bNOK 257.7bNOK 15.2b21.3x26.3x1.6x
Wed, 02 Apr 2025NOK 393.7bNOK 254.8bNOK 15.1b20.7x26x1.5x
Fri, 28 Feb 2025NOK 411.3bNOK 257.3bNOK 14.7b19.7x28x1.6x
Sun, 26 Jan 2025NOK 417.3bNOK 257.0bNOK 16.3b22.6x25.6x1.6x
Tue, 24 Dec 2024NOK 393.5bNOK 257.6bNOK 16.3b20.8x24.1x1.5x
Thu, 21 Nov 2024NOK 399.6bNOK 257.3bNOK 16.5b21.6x24.2x1.6x
Sat, 19 Oct 2024NOK 406.8bNOK 258.0bNOK 17.5b18.4x23.2x1.6x
Mon, 16 Sep 2024NOK 386.9bNOK 257.2bNOK 17.7b17.4x21.9x1.5x
Wed, 14 Aug 2024NOK 397.1bNOK 256.2bNOK 10.6b36.1x37.3x1.5x
Fri, 12 Jul 2024NOK 361.3bNOK 255.1bNOK 10.0b36.6x36.2x1.4x
Sun, 09 Jun 2024NOK 383.0bNOK 254.7bNOK 10.2b41.3x37.5x1.5x
Tue, 07 May 2024NOK 380.7bNOK 254.4bNOK 13.4b30.7x28.5x1.5x
Thu, 04 Apr 2024NOK 385.5bNOK 253.2bNOK 13.4b30.5x28.8x1.5x
Sat, 02 Mar 2024NOK 392.7bNOK 248.9bNOK 12.5b32x31.3x1.6x
Mon, 29 Jan 2024NOK 367.4bNOK 250.8bNOK 9.5b48.3x38.5x1.5x
Wed, 27 Dec 2023NOK 343.9bNOK 250.3bNOK 9.5b46.8x36.1x1.4x
Fri, 24 Nov 2023NOK 368.9bNOK 253.8bNOK 9.7b47.9x38x1.5x
Sun, 22 Oct 2023NOK 350.0bNOK 247.8bNOK 11.0b35.2x31.9x1.4x
Tue, 19 Sep 2023NOK 382.1bNOK 246.7bNOK 10.9b37.7x35x1.5x
Thu, 17 Aug 2023NOK 365.1bNOK 241.6bNOK 27.1b13.6x13.5x1.5x
Sat, 15 Jul 2023NOK 352.0bNOK 236.9bNOK 26.8b13.8x13.2x1.5x
Mon, 12 Jun 2023NOK 364.4bNOK 239.1bNOK 27.3b14.9x13.4x1.5x
Price to Earnings Ratio

13.4x


Total Market Cap: NOK 364.4bTotal Earnings: NOK 27.3bTotal Revenue: NOK 239.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Consumer Staples Sector Price to Earnings3Y Average 33.4x202420252026
Current Industry PE
  • Investors are pessimistic on the Norwegian Consumer Staples industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 22.9x which is lower than its 3-year average PE of 33.4x.
  • The industry is trading close to its 3-year average PS ratio of 1.5x.
Past Earnings Growth
  • The earnings for companies in the Consumer Staples industry have declined 15% per year over the last three years.
  • Meanwhile revenues for these companies have grown 3.3% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Norwegian Consumer Staples sector?

NO Market-0.68%
Consumer Staples-5.12%
Beverage0%0
Food and Staples Retail-1.85%
Food-5.12%
Industry PE
  • Investors are most optimistic about the Food industry even though it's trading below its 3-year average PE ratio of 33.4x.
    • Analysts are expecting annual earnings growth of 21.7%, which is higher than its past year's earnings growth of 10.6% per year.
  • Investors are most pessimistic about the Food industry, which is trading below its 3-year average of 33.4x.
Forecasted Growth
  • Analysts are most optimistic on the Food industry, expecting annual earnings growth of 22% over the next 5 years.
  • This is better than its past earnings growth rate of 11% per year.
  • In contrast, the Food industry is expected to see its earnings grow by 22% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
AFISH Arctic Fish HoldingNOK 31.0013.1%
+NOK 162.0m		-43.6%PS1.4x
BARRA Barramundi GroupNOK 0.9726.8%
+NOK 36.0m		-31.7%PE9.7x
KING KingfishNOK 0.9318.6%
+NOK 20.7m		-85.3%PS0.4x
NOHAL Nordic HalibutNOK 23.800.8%
+NOK 10.7m		14.4%PS8.4x
HVAL Hval SjokoladefabrikkNOK 5.004.2%
+NOK 5.4m		11.1%n/a

Latest News

AFISH
NOK 31.00
Arctic Fish Holding
7D
13.1%
1Y
-43.6%
MOWI
NOK 195.70
Mowi
7D
-3.5%
1Y
4.5%
Narrative Update • Jun 03

MOWI: Dividend Support And Recent Upgrades Will Drive Future Upside Potential

Mowi's analyst price target has been trimmed by about NOK 4 to NOK 238, with analysts pointing to slightly softer revenue growth and profit margin assumptions, partly offset by supportive recent upgrades and dividend-focused Buy ratings in the NOK 220 to NOK 245 range. Analyst Commentary Recent research has focused on refining price targets and ratings around Mowi, with most updates clustered in a NOK 220 to NOK 245 range and centered on dividend support and risk/reward over the next year.
LSG
NOK 41.48
Lerøy Seafood Group
7D
-5.2%
1Y
-6.9%
Narrative Update • Jun 01

LSG: Future Returns Will Hinge On 2030 Execution And Mixed Broker Views

The analyst price target for Lerøy Seafood Group has shifted from NOK52.14 to NOK53.13, with analysts citing updated assumptions on revenue growth, profit margins, discount rate and future P/E following mixed recent research views. Analyst Commentary Bullish and bearish analysts have reacted differently to recent developments, which helps explain the slight move in the average price target to NOK53.13.
SALM
NOK 554.00
SalMar
7D
-4.2%
1Y
22.7%
Narrative Update • May 31

SALM: Higher Future P E Multiple Will Likely Strain Earnings Cushion

Analysts have raised their SalMar price target by NOK 30 to NOK 509.74, citing updated assumptions on discount rates, revenue growth, profit margins and future P/E multiples. Analyst Commentary Bearish analysts are highlighting that the higher NOK 509.74 price target still rests on a set of assumptions around discount rates, revenue growth, profit margins and future P/E multiples that may prove demanding if conditions turn less supportive.
BARRA
NOK 0.97
Barramundi Group
7D
26.8%
1Y
-31.7%
ORK
NOK 97.10
Orkla
7D
-5.8%
1Y
-15.7%
NOHAL
NOK 23.80
Nordic Halibut
7D
0.8%
1Y
14.4%
DELIA
NOK 234.00
Dellia Group
7D
-43.3%
1Y
n/a
AUSS
NOK 83.50
Austevoll Seafood
7D
-10.2%
1Y
-10.0%
BAKKA
NOK 431.40
P/F Bakkafrost
7D
-7.1%
1Y
-7.5%
KING
NOK 0.93
Kingfish
7D
18.6%
1Y
-85.3%
ASA
NOK 0.98
Atlantic Sapphire
7D
2.6%
1Y
-82.3%
AKBM
NOK 101.20
Aker BioMarine
7D
-8.8%
1Y
64.8%