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Norwegian (OSEAX) Packaged Foods and Meats Industry Analysis

UpdatedSep 28, 2025
DataAggregated Company Financials
Companies24
  • 7D-1.7%
  • 3M5.2%
  • 1Y2.5%
  • YTDn/a

Over the last 7 days, the Packaged Foods and Meats industry has dropped 1.7%, driven by pullbacks in SalMar and Orkla of 3.0% and 1.9%, respectively. In contrast, Måsøval has gained 5.8%. As for the longer term, the industry's performance has been flat for the past year. As for the next few years, earnings are expected to grow by 41% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 28 Sep 2025NOK 401.7bNOK 262.6bNOK 6.9b25.5x58.6x1.5x
Tue, 26 Aug 2025NOK 399.7bNOK 262.2bNOK 7.8b23.1x51x1.5x
Thu, 24 Jul 2025NOK 379.1bNOK 260.8bNOK 10.0b22.2x38.1x1.5x
Sat, 21 Jun 2025NOK 372.8bNOK 258.4bNOK 10.2b21.5x36.5x1.4x
Mon, 19 May 2025NOK 396.7bNOK 258.1bNOK 12.5b23x31.6x1.5x
Wed, 16 Apr 2025NOK 393.2bNOK 259.8bNOK 15.4b21x25.5x1.5x
Fri, 14 Mar 2025NOK 392.8bNOK 257.2bNOK 15.4b21x25.5x1.5x
Sun, 09 Feb 2025NOK 418.5bNOK 256.1bNOK 16.2b22.5x25.8x1.6x
Tue, 07 Jan 2025NOK 394.0bNOK 256.8bNOK 16.3b21.1x24.2x1.5x
Thu, 05 Dec 2024NOK 411.5bNOK 255.5bNOK 16.3b22.2x25.2x1.6x
Sat, 02 Nov 2024NOK 397.2bNOK 259.0bNOK 17.2b18.3x23.1x1.5x
Mon, 30 Sep 2024NOK 383.7bNOK 256.6bNOK 17.7b17.2x21.7x1.5x
Wed, 28 Aug 2024NOK 388.9bNOK 256.2bNOK 17.6b17.9x22.1x1.5x
Fri, 26 Jul 2024NOK 377.4bNOK 257.5bNOK 10.7b35.6x35.4x1.5x
Sun, 23 Jun 2024NOK 380.5bNOK 252.9bNOK 10.1b40.3x37.6x1.5x
Tue, 21 May 2024NOK 399.1bNOK 254.7bNOK 10.4b42.1x38.4x1.6x
Thu, 18 Apr 2024NOK 383.9bNOK 254.1bNOK 13.4b30.1x28.7x1.5x
Sat, 16 Mar 2024NOK 390.4bNOK 251.1bNOK 13.2b36.1x29.5x1.6x
Mon, 12 Feb 2024NOK 353.9bNOK 244.8bNOK 9.4b56.5x37.7x1.4x
Wed, 10 Jan 2024NOK 370.8bNOK 250.8bNOK 9.6b48.2x38.8x1.5x
Fri, 08 Dec 2023NOK 364.9bNOK 253.9bNOK 9.7b48.3x37.7x1.4x
Sun, 05 Nov 2023NOK 358.3bNOK 251.0bNOK 11.0b36.6x32.6x1.4x
Tue, 03 Oct 2023NOK 369.4bNOK 245.4bNOK 10.9b37x34x1.5x
Thu, 31 Aug 2023NOK 368.2bNOK 246.5bNOK 10.9b29.8x33.9x1.5x
Sat, 29 Jul 2023NOK 354.6bNOK 239.5bNOK 26.8b13.6x13.2x1.5x
Mon, 26 Jun 2023NOK 347.0bNOK 240.6bNOK 27.5b14.8x12.6x1.4x
Wed, 24 May 2023NOK 379.5bNOK 240.7bNOK 27.8b15.5x13.7x1.6x
Fri, 21 Apr 2023NOK 381.8bNOK 227.0bNOK 25.4b18.9x15x1.7x
Sun, 19 Mar 2023NOK 347.5bNOK 225.9bNOK 25.2b17.2x13.8x1.5x
Tue, 14 Feb 2023NOK 367.0bNOK 213.7bNOK 26.3b16.7x13.9x1.7x
Thu, 12 Jan 2023NOK 352.1bNOK 213.2bNOK 26.3b14.7x13.4x1.7x
Sat, 10 Dec 2022NOK 330.4bNOK 211.8bNOK 26.1b13.5x12.7x1.6x
Mon, 07 Nov 2022NOK 305.0bNOK 202.1bNOK 25.0b13x12.2x1.5x
Wed, 05 Oct 2022NOK 305.6bNOK 202.7bNOK 25.0b12.3x12.2x1.5x
Price to Earnings Ratio

12.2x


Total Market Cap: NOK 305.6bTotal Earnings: NOK 25.0bTotal Revenue: NOK 202.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Packaged Foods and Meats Industry Price to Earnings3Y Average 26.7x202320242025
Current Industry PE
  • Investors are optimistic on the Norwegian Packaged Foods and Meats industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 58.6x which is higher than its 3-year average PE of 26.7x.
  • The industry is trading close to its 3-year average PS ratio of 1.5x.
Past Earnings Growth
  • The earnings for companies in the Packaged Foods and Meats industry have declined 35% per year over the last three years.
  • Meanwhile revenues for these companies have grown 9.0% 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 Market1.34%
Consumer Staples-1.75%
Food-1.75%
Packaged Foods and Meats-1.75%
Agricultural Products0%0
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
MAS MåsøvalNOK 25.605.8%
+NOK 171.5m		-13.5%PS1.3x
NOAP Nordic Aqua PartnersNOK 93.406.1%
+NOK 114.6m		16.8%PS18.4x
HVAL Hval SjokoladefabrikkNOK 5.9031.1%
+NOK 37.8m		140.8%n/a
GIGA Gigante SalmonNOK 8.580.9%
+NOK 13.7m		22.6%PS32.9x
BARRA Barramundi GroupNOK 0.7020.7%
+NOK 9.8m		-71.3%PS0.5x

Latest News

AKBM
NOK 84.30
Aker BioMarine
7D
-8.4%
1Y
70.0%

Would Aker BioMarine (OB:AKBM) Be Better Off With Less Debt?

Sep 28
Would Aker BioMarine (OB:AKBM) Be Better Off With Less Debt?
BARRA
NOK 0.70
Barramundi Group
7D
20.7%
1Y
-71.3%
AUSS
NOK 96.00
Austevoll Seafood
7D
-0.3%
1Y
0.6%
SALM
NOK 542.00
SalMar
7D
-3.0%
1Y
0.4%

Integration With Wilsgård AS Will Expand Presence In Northern Norway

SalMar’s top valuation and profitability metrics were virtually unchanged, with only marginal adjustments in Future P/E and Net Profit Margin, resulting in a slight analyst price target increase from NOK527.14 to NOK535.71. What's in the News SalMar commenced a share repurchase program authorizing buybacks of up to 13,375,557 shares (10% of issued share capital), with a separate initiative to repurchase up to 100,000 shares for NOK 65 million to support employee incentive programs.
LSG
NOK 49.84
Lerøy Seafood Group
7D
-1.3%
1Y
4.2%

Farming Technologies And Vertical Integration Will Redefine Sustainable Aquaculture

Lerøy Seafood Group’s valuation metrics, including future P/E and consensus revenue growth forecasts, were virtually unchanged, resulting in only a marginal increase in the fair value price target from NOK56.50 to NOK57.33. Valuation Changes Summary of Valuation Changes for Lerøy Seafood Group The Consensus Analyst Price Target remained effectively unchanged, moving only marginally from NOK56.50 to NOK57.33.
AFISH
NOK 41.80
Arctic Fish Holding
7D
-7.1%
1Y
-14.7%
ASA
NOK 7.75
Atlantic Sapphire
7D
2.4%
1Y
-81.9%
MOWI
NOK 212.80
Mowi
7D
-1.1%
1Y
13.4%

Normalized Supply And Efficiency Will Unlock Salmon Value

Mowi’s consensus analyst price target was marginally lowered, reflecting stable expectations for both future P/E and net profit margin, with fair value revised slightly from NOK221.64 to NOK218.60. What's in the News Mowi declared a quarterly distribution of NOK 1.45 per share.
BAKKA
NOK 470.00
P/F Bakkafrost
7D
-2.2%
1Y
-21.7%
MAS
NOK 25.60
Måsøval
7D
5.8%
1Y
-13.5%
ORK
NOK 103.90
Orkla
7D
-1.9%
1Y
5.2%

There's Reason For Concern Over Orkla ASA's (OB:ORK) Price

Aug 18
There's Reason For Concern Over Orkla ASA's (OB:ORK) Price
GIGA
NOK 8.58
Gigante Salmon
7D
0.9%
1Y
22.6%
NOAP
NOK 93.40
Nordic Aqua Partners
7D
6.1%
1Y
16.8%