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Norwegian (OSEAX) Food Industry Analysis

UpdatedDec 07, 2021
DataAggregated Company Financials
Companies28
  • 7D-1.9%
  • 3M-7.8%
  • 1Y5.6%
  • YTD-0.03%

Over the last 7 days, the Food industry has dropped 2.1%, driven by a decline by Mowi of 3.9%. Meanwhile, Aker BioMarine actually outperformed within the industry, gaining 14% in the last week. This takes the industry's 12 month performance to a gain of 4.7%.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Tue, 07 Dec 2021kr399.9bkr172.8bkr15.6b26.7x
Thu, 04 Nov 2021kr451.8bkr163.5bkr15.6b35x
Sat, 02 Oct 2021kr423.3bkr164.2bkr15.7b32.1x
Mon, 30 Aug 2021kr437.2bkr165.2bkr15.9b30x
Tue, 06 Jul 2021kr433.2bkr165.3bkr15.9b28.3x
Fri, 09 Apr 2021kr422.3bkr159.9bkr14.4b29.1x
Thu, 31 Dec 2020kr391.7bkr161.6bkr8.6b45.4x
Sun, 04 Oct 2020kr370.3bkr166.0bkr13.7b22.8x
Wed, 08 Jul 2020kr355.3bkr165.4bkr10.4b30.6x
Tue, 31 Mar 2020kr314.8bkr169.8bkr11.5b27.2x
Fri, 03 Jan 2020kr388.3bkr159.7bkr15.9b24.1x
Mon, 07 Oct 2019kr343.9bkr155.5bkr14.7b23.5x
Sun, 30 Jun 2019kr323.3bkr151.7bkr18.3b16.3x
Wed, 03 Apr 2019kr316.7bkr149.7bkr19.3b15.2x
Sat, 05 Jan 2019kr317.1bkr150.6bkr21.3b11.7x
PE Ratio

11.7x

Total Market Cap: kr317.1bTotal Earnings: kr21.3bTotal Revenue: kr150.6b0%0%0%3 Year10 Year
20202021

Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 25.7x. It appears they believe that earnings will grow in-line with historical growth rates.

Past Earnings Growth: The earnings for companies in the Food industry have declined 9.8% per year over the last three years, while revenues for these companies have grown 4.6% 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 Food industry?

Packaged Foods and Meats-1.82%
Agricultural Products-13.54%

Industry PE: Investors are most optimistic about the Packaged Foods and Meats industry, which is trading close to its 3-year average PE ratio of 25.7x. This is likely because analysts are expecting annual earnings growth of 15%, which is higher than its past year's earnings growth of 1.6% per year.

Forecasted Growth: Analysts are most optimistic on the Agricultural Products industry, expecting annual earnings growth of 52% over the next 5 years. Meanwhile, the Packaged Foods and Meats industry is expected to see its earnings grow by 15% per year over the next few years.

Top Stock Gainers and Losers

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

Company7D1YValuation
ORK Orkla2.9%+kr2.4b0.5%PE18.2x
BAKKA P/F Bakkafrost3.6%+kr1.3b12.1%PE28.4x
LSG Lerøy Seafood Group3.0%+kr1.2b17.6%PE23x
SALM SalMar1.2%+kr799.5m24.3%PE30.6x
AUSS Austevoll Seafood2.2%+kr433.9m23.1%PE14.4x
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Latest News

ORK

kr85.20

Orkla

7D

2.9%

1Y

0.5%

SALM

kr580.60

SalMar

7D

1.2%

1Y

24.3%

NCOD

kr108.00

Norcod

7D

-5.3%

1Y

50.8%

KING

kr22.90

Kingfish

7D

-2.3%

1Y

-25.9%