SalMar (OB:SALM) Is Due To Pay A Dividend Of kr20.00
SalMar ASA ( OB:SALM ) has announced that it will pay a dividend of kr20.00 per share on the 22nd of June. Based on...
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?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Sat, 07 May 2022 | kr451.4b | kr181.1b | kr18.0b | 25x |
| Mon, 04 Apr 2022 | kr462.5b | kr178.9b | kr18.4b | 25.2x |
| Wed, 02 Mar 2022 | kr438.0b | kr180.0b | kr18.8b | 21.6x |
| Fri, 28 Jan 2022 | kr418.2b | kr171.8b | kr15.5b | 28.9x |
| Sun, 26 Dec 2021 | kr409.0b | kr171.6b | kr15.7b | 27x |
| Tue, 23 Nov 2021 | kr425.6b | kr171.4b | kr15.7b | 29.3x |
| Thu, 21 Oct 2021 | kr441.0b | kr162.8b | kr15.7b | 35.3x |
| Sat, 18 Sep 2021 | kr425.1b | kr165.0b | kr16.0b | 33.1x |
| Mon, 16 Aug 2021 | kr434.9b | kr165.2b | kr16.1b | 30.1x |
| Mon, 31 May 2021 | kr424.7b | kr159.9b | kr14.5b | 30.3x |
| Thu, 04 Mar 2021 | kr403.9b | kr161.9b | kr8.7b | 52.3x |
| Sun, 06 Dec 2020 | kr363.6b | kr166.0b | kr13.7b | 21.8x |
| Wed, 09 Sep 2020 | kr351.9b | kr165.4b | kr10.4b | 28.3x |
| Tue, 02 Jun 2020 | kr346.8b | kr167.1b | kr11.7b | 29.6x |
| Fri, 06 Mar 2020 | kr347.9b | kr157.5b | kr16.1b | 21.2x |
| Mon, 09 Dec 2019 | kr382.3b | kr155.5b | kr14.7b | 27x |
| Sun, 01 Sep 2019 | kr353.0b | kr151.7b | kr18.3b | 17.2x |
| Wed, 05 Jun 2019 | kr332.2b | kr149.7b | kr19.3b | 14.6x |
Median PE Ratio
14.6x
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ISLAX Icelandic Salmon | kr149.00 | 0.7% +kr31.0m | 33.0% | PE195.3x | |
| AFISH Arctic Fish Holding | kr85.60 | 0.7% +kr19.1m | 42.9% | PE17.9x | |
| BFISH BioFish Holding | kr14.45 | 9.5% +kr16.8m | n/a | n/a |
