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Norwegian (OSEAX) Food Industry Analysis

UpdatedDec 04, 2022
DataAggregated Company Financials
Companies28
  • 7D0.9%
  • 3M-27.0%
  • 1Y-23.4%
  • YTD-27.0%

In the last week, Food has been flat. As for the longer term, the industry has declined 23% in the last year. Earnings are forecast to be flat in the coming years.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
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
Sat, 03 Oct 2020kr370.3bkr166.0bkr13.7b22.8x27.1x2.2x
Tue, 07 Jul 2020kr355.3bkr165.4bkr10.4b30.6x34.2x2.1x
Fri, 10 Apr 2020kr314.8bkr169.8bkr11.5b27.2x27.4x1.9x
Thu, 02 Jan 2020kr388.3bkr159.7bkr15.9b24.1x24.5x2.4x
Price to Earnings Ratio

24.5x


Total Market Cap: kr388.3bTotal Earnings: kr15.9bTotal Revenue: kr159.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Food Industry Price to Earnings3Y Average 27.6x20212022
Current Industry PE
  • Investors are pessimistic on the Norwegian Food 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 12.4x which is lower than its 3-year average PE of 27.6x.
  • The 3-year average PS ratio of 2.3x is higher than the industry's current PS ratio of 1.5x.
Past Earnings Growth
  • The earnings for companies in the Food industry have grown 21% per year over the last three years.
  • Revenues for these companies have grown 10% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

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

NO Market-0.70%
Consumer Staples0.89%
Food0.89%
Packaged Foods and Meats0.89%
Agricultural Products0%
Industry PE
  • Investors are most optimistic about the Packaged Foods and Meats industry even though it's trading below its 3-year average PE ratio of 27.2x.
    • Analysts are expecting annual earnings growth of 0.5%, which is lower than the prior year's growth of 74.5% per year.
  • Investors are most pessimistic about the Packaged Foods and Meats industry, which is trading below its 3-year average of 27.2x.
Forecasted Growth
  • Analysts are most optimistic on the Packaged Foods and Meats industry, expecting annual earnings growth of 0.5% over the next 5 years.
  • In contrast, the Packaged Foods and Meats industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
SALM SalMarkr346.001.4%
+kr696.2m
-38.7%PE12.9x
BAKKA P/F Bakkafrostkr545.002.1%
+kr649.8m
-8.9%PE15.5x
IFISH Ice Fish Farmkr30.8017.1%
+kr411.9m
-17.6%PS5.4x
LSG Lerøy Seafood Groupkr48.621.4%
+kr404.9m
-24.4%PE8.4x
ORK Orklakr69.820.5%
+kr378.9m
-16.3%PE13.3x
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Latest News

ORK

kr69.82

Orkla

7D

0.5%

1Y

-16.3%

IFISH

kr30.80

Ice Fish Farm

7D

17.1%

1Y

-17.6%

NCOD

kr60.00

Norcod

7D

-0.7%

1Y

-45.5%

ASA

kr8.00

Atlantic Sapphire

7D

11.9%

1Y

-81.1%

LSG

kr48.62

Lerøy Seafood Group

7D

1.4%

1Y

-24.4%

AKBM

kr37.70

Aker BioMarine

7D

-0.9%

1Y

-20.6%

STATT

kr1.96

Statt Torsk

7D

-3.2%

1Y

-24.8%

ISLAX

kr151.00

Icelandic Salmon

7D

-2.6%

1Y

-0.3%

ANDF

kr40.80

Andfjord Salmon

7D

-0.5%

1Y

2.1%

AUSS

kr81.25

Austevoll Seafood

7D

-0.2%

1Y

-17.9%

KING

kr11.05

Kingfish

7D

9.4%

1Y

-52.8%