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Norwegian (OSEAX) Food Industry Analysis

UpdatedDec 02, 2023
DataAggregated Company Financials
Companies28
  • 7D-0.3%
  • 3M-1.4%
  • 1Y12.7%
  • YTD6.6%

Over the last 7 days, the Food industry has remained flat. The past year has been better, since the industry has gained 13% in that time. Looking forward, earnings are forecast to grow by 42% annually.

Industry Valuation and Performance

Has the Norwegian Food Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 02 Dec 2023kr370.7bkr252.9bkr9.6b49.1x38.5x1.5x
Mon, 30 Oct 2023kr347.4bkr250.5bkr11.0b35.7x31.4x1.4x
Wed, 27 Sep 2023kr366.5bkr245.9bkr10.9b36.6x33.7x1.5x
Fri, 25 Aug 2023kr364.8bkr244.1bkr18.5b16.3x19.7x1.5x
Sun, 23 Jul 2023kr357.4bkr239.4bkr26.8b13.8x13.3x1.5x
Tue, 20 Jun 2023kr358.9bkr239.7bkr27.4b14.9x13.1x1.5x
Thu, 18 May 2023kr379.7bkr237.9bkr27.5b15.6x13.8x1.6x
Sat, 15 Apr 2023kr375.7bkr225.7bkr25.2b18.4x14.9x1.7x
Mon, 13 Mar 2023kr345.4bkr225.1bkr25.1b16.9x13.7x1.5x
Wed, 08 Feb 2023kr367.6bkr215.2bkr26.5b16.4x13.8x1.7x
Fri, 06 Jan 2023kr354.4bkr213.5bkr26.3b14.8x13.5x1.7x
Sun, 04 Dec 2022kr322.8bkr209.7bkr25.9b13.3x12.4x1.5x
Tue, 01 Nov 2022kr309.1bkr201.8bkr24.9b14x12.4x1.5x
Thu, 29 Sep 2022kr306.4bkr202.6bkr25.1b14.6x12.2x1.5x
Sat, 27 Aug 2022kr422.0bkr195.9bkr23.1b25.8x18.3x2.2x
Mon, 25 Jul 2022kr444.9bkr191.6bkr19.0b27x23.5x2.3x
Wed, 22 Jun 2022kr435.6bkr190.5bkr18.1b26.7x24.1x2.3x
Fri, 20 May 2022kr439.6bkr189.4bkr18.5b21.1x23.8x2.3x
Sun, 17 Apr 2022kr469.3bkr178.3bkr18.0b26.3x26.1x2.6x
Tue, 15 Mar 2022kr426.0bkr180.2bkr18.4b20.9x23.1x2.4x
Thu, 10 Feb 2022kr444.8bkr172.2bkr15.4b31.4x29x2.6x
Sat, 08 Jan 2022kr413.4bkr171.8bkr15.4b27.1x26.8x2.4x
Mon, 06 Dec 2021kr398.6bkr173.2bkr15.6b26.5x25.5x2.3x
Wed, 03 Nov 2021kr450.4bkr163.5bkr15.6b35.1x28.8x2.8x
Fri, 01 Oct 2021kr422.8bkr164.7bkr15.8b32.3x26.8x2.6x
Sun, 29 Aug 2021kr439.5bkr165.2bkr15.9b30.1x27.6x2.7x
Mon, 05 Jul 2021kr433.2bkr165.3bkr15.9b28.3x27.2x2.6x
Thu, 08 Apr 2021kr422.3bkr159.9bkr14.4b29.1x29.4x2.6x
Sun, 10 Jan 2021kr391.7bkr161.6bkr8.6b45.4x45.7x2.4x
Price to Earnings Ratio

27x


Total Market Cap: kr367.5bTotal Earnings: kr13.6bTotal Revenue: kr166.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Food Industry Price to Earnings3Y Average 24.6x202120222023
Current Industry PE
  • Investors are optimistic on the Norwegian Food industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 38.5x which is higher than its 3-year average PE of 24.6x.
  • The 3-year average PS ratio of 2.1x is higher than the industry's current PS ratio of 1.5x.
Past Earnings Growth
  • The earnings for companies in the Food industry have declined 11% per year over the last three years.
  • Meanwhile revenues for these companies have grown 15% 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 industry?

NO Market-0.88%
Consumer Staples-0.25%
Food-0.25%
Agricultural Products0%
Packaged Foods and Meats-0.25%
Industry PE
  • Investors are most optimistic about the Packaged Foods and Meats industry which is trading above its 3-year average PE ratio of 24.2x.
    • Analysts are expecting annual earnings growth of 42.4%, which is higher than its past year's earnings decline of 72.8% per year.
  • Investors are most pessimistic about the Packaged Foods and Meats industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 24.2x.
Forecasted Growth
  • Analysts are most optimistic on the Packaged Foods and Meats industry, expecting annual earnings growth of 42% over the next 5 years.
  • This is better than its past earnings decline of 73% per year.
  • In contrast, the Packaged Foods and Meats industry is expected to see its earnings grow by 42% 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
ORK Orklakr80.321.2%
+kr917.8m
15.0%PE15x
SALM SalMarkr593.400.4%
+kr289.2m
71.5%PE81.4x
MAS Måsøvalkr25.701.2%
+kr36.8m
-13.5%PS1.5x
GIGA Gigante Salmonkr7.382.2%
+kr21.5m
5.7%PE827.2x
KING Kingfishkr8.401.0%
+kr8.9m
-24.0%PS3.7x
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Latest News

GSF

kr65.05

Grieg Seafood

7D

-3.1%

1Y

-4.5%

AFISH

kr65.00

Arctic Fish Holding

7D

-7.1%

1Y

-31.7%

MAS

kr25.70

Måsøval

7D

1.2%

1Y

-13.5%

AUSS

kr74.00

Austevoll Seafood

7D

-0.9%

1Y

-8.9%

SALME

kr6.19

Salmon Evolution

7D

-1.9%

1Y

-25.8%

LSG

kr41.98

Lerøy Seafood Group

7D

-1.4%

1Y

-13.7%

GIGA

kr7.38

Gigante Salmon

7D

2.2%

1Y

5.7%

SALM

kr593.40

SalMar

7D

0.4%

1Y

71.5%

ISLAX

kr146.00

Icelandic Salmon

7D

-2.0%

1Y

-3.3%

KING

kr8.40

Kingfish

7D

1.0%

1Y

-24.0%

BFISH

kr1.17

BioFish Holding

7D

2.6%

1Y

-87.0%