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Norwegian (OSEAX) Packaged Foods and Meats Industry Analysis

UpdatedMay 07, 2022
DataAggregated Company Financials
Companies28
  • 7D-7.2%
  • 3M3.2%
  • 1Y1.9%
  • YTD8.0%

Over the last 7 days, the Packaged Foods and Meats industry has dropped 1.7%, driven by pullbacks in SalMar and Mowi of 10% and 6.1%, respectively. In contrast, Andfjord Salmon has gained 5.9%. This takes the industry's 12 month performance to a gain of 7.5%. Looking forward, earnings are forecast to grow by 12% annually.

Industry Valuation and Performance

Has the Norwegian Packaged Foods and Meats Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Sat, 07 May 2022kr451.4bkr181.1bkr18.0b25x
Mon, 04 Apr 2022kr462.5bkr178.9bkr18.4b25.2x
Wed, 02 Mar 2022kr438.0bkr180.0bkr18.8b21.6x
Fri, 28 Jan 2022kr418.2bkr171.8bkr15.5b28.9x
Sun, 26 Dec 2021kr409.0bkr171.6bkr15.7b27x
Tue, 23 Nov 2021kr425.6bkr171.4bkr15.7b29.3x
Thu, 21 Oct 2021kr441.0bkr162.8bkr15.7b35.3x
Sat, 18 Sep 2021kr425.1bkr165.0bkr16.0b33.1x
Mon, 16 Aug 2021kr434.9bkr165.2bkr16.1b30.1x
Mon, 31 May 2021kr424.7bkr159.9bkr14.5b30.3x
Thu, 04 Mar 2021kr403.9bkr161.9bkr8.7b52.3x
Sun, 06 Dec 2020kr363.6bkr166.0bkr13.7b21.8x
Wed, 09 Sep 2020kr351.9bkr165.4bkr10.4b28.3x
Tue, 02 Jun 2020kr346.8bkr167.1bkr11.7b29.6x
Fri, 06 Mar 2020kr347.9bkr157.5bkr16.1b21.2x
Mon, 09 Dec 2019kr382.3bkr155.5bkr14.7b27x
Sun, 01 Sep 2019kr353.0bkr151.7bkr18.3b17.2x
Wed, 05 Jun 2019kr332.2bkr149.7bkr19.3b14.6x
Median PE Ratio

14.6x


Total Market Cap: kr332.2bTotal Earnings: kr19.3bTotal Revenue: kr149.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Packaged Foods and Meats Industry Median PE3Y Average 27.4x202020212022
Current Industry PE
  • Investors are relatively neutral on the industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 27.5x.
Past Earnings Growth
  • The earnings for companies in the Packaged Foods and Meats industry have declined 2.5% per year over the last three years.
  • Meanwhile revenues for these companies have grown 6.5% 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 Comparison

How does Norwegian Packaged Foods and Meats compare with similar industries?

NO Market-1.69%
Consumer Staples-7.19%
Food-7.19%
Packaged Foods and Meats-7.19%
Agricultural Products-3.88%
Industry PEThere is insufficient data on the sub-industries of this industry.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
ISLAX Icelandic Salmonkr149.000.7%
+kr31.0m
33.0%PE195.3x
AFISH Arctic Fish Holdingkr85.600.7%
+kr19.1m
42.9%PE17.9x
BFISH BioFish Holdingkr14.459.5%
+kr16.8m
n/an/a
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Latest News

MOWI

kr245.90

Mowi

7D

-7.8%

1Y

12.4%

ORK

kr75.80

Orkla

7D

-0.7%

1Y

-10.5%