Industry Valuation and Performance
Has the Norwegian Food Industry valuation changed over the past few years?
Date Market Cap Revenue Earnings PE Absolute PE PS Sat, 02 Dec 2023 kr370.7b kr252.9b kr9.6b 49.1x 38.5x 1.5x Mon, 30 Oct 2023 kr347.4b kr250.5b kr11.0b 35.7x 31.4x 1.4x Wed, 27 Sep 2023 kr366.5b kr245.9b kr10.9b 36.6x 33.7x 1.5x Fri, 25 Aug 2023 kr364.8b kr244.1b kr18.5b 16.3x 19.7x 1.5x Sun, 23 Jul 2023 kr357.4b kr239.4b kr26.8b 13.8x 13.3x 1.5x Tue, 20 Jun 2023 kr358.9b kr239.7b kr27.4b 14.9x 13.1x 1.5x Thu, 18 May 2023 kr379.7b kr237.9b kr27.5b 15.6x 13.8x 1.6x Sat, 15 Apr 2023 kr375.7b kr225.7b kr25.2b 18.4x 14.9x 1.7x Mon, 13 Mar 2023 kr345.4b kr225.1b kr25.1b 16.9x 13.7x 1.5x Wed, 08 Feb 2023 kr367.6b kr215.2b kr26.5b 16.4x 13.8x 1.7x Fri, 06 Jan 2023 kr354.4b kr213.5b kr26.3b 14.8x 13.5x 1.7x Sun, 04 Dec 2022 kr322.8b kr209.7b kr25.9b 13.3x 12.4x 1.5x Tue, 01 Nov 2022 kr309.1b kr201.8b kr24.9b 14x 12.4x 1.5x Thu, 29 Sep 2022 kr306.4b kr202.6b kr25.1b 14.6x 12.2x 1.5x Sat, 27 Aug 2022 kr422.0b kr195.9b kr23.1b 25.8x 18.3x 2.2x Mon, 25 Jul 2022 kr444.9b kr191.6b kr19.0b 27x 23.5x 2.3x Wed, 22 Jun 2022 kr435.6b kr190.5b kr18.1b 26.7x 24.1x 2.3x Fri, 20 May 2022 kr439.6b kr189.4b kr18.5b 21.1x 23.8x 2.3x Sun, 17 Apr 2022 kr469.3b kr178.3b kr18.0b 26.3x 26.1x 2.6x Tue, 15 Mar 2022 kr426.0b kr180.2b kr18.4b 20.9x 23.1x 2.4x Thu, 10 Feb 2022 kr444.8b kr172.2b kr15.4b 31.4x 29x 2.6x Sat, 08 Jan 2022 kr413.4b kr171.8b kr15.4b 27.1x 26.8x 2.4x Mon, 06 Dec 2021 kr398.6b kr173.2b kr15.6b 26.5x 25.5x 2.3x Wed, 03 Nov 2021 kr450.4b kr163.5b kr15.6b 35.1x 28.8x 2.8x Fri, 01 Oct 2021 kr422.8b kr164.7b kr15.8b 32.3x 26.8x 2.6x Sun, 29 Aug 2021 kr439.5b kr165.2b kr15.9b 30.1x 27.6x 2.7x Mon, 05 Jul 2021 kr433.2b kr165.3b kr15.9b 28.3x 27.2x 2.6x Thu, 08 Apr 2021 kr422.3b kr159.9b kr14.4b 29.1x 29.4x 2.6x Sun, 10 Jan 2021 kr391.7b kr161.6b kr8.6b 45.4x 45.7x 2.4x 1Y 3Y 5Y 10Y Price to Earnings Price to Sales Median Price to Earnings Price to Earnings Ratio
Tue, 08 Dec 2020 Total Market Cap: kr367.5b Total Earnings: kr13.6b Total Revenue: kr166.0b Total Market Cap vs Earnings and Revenue 0% 0% 0% Norwegian Food Industry Price to Earnings 3Y Average 24.6x 2021 2022 2023 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 Products 0% 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?
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