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Norwegian (OSEAX) Packaged Foods and Meats Industry Analysis

UpdatedApr 12, 2026
DataAggregated Company Financials
Companies25
  • 7D-1.6%
  • 3M0.3%
  • 1Y8.9%
  • YTDn/a

Over the last 7 days, the Packaged Foods and Meats industry has dropped 1.6%, driven by Mowi declining 3.6%. Over the past 12 months, the industry was up 8.9%. As for the next few years, earnings are expected to grow by 26% 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, 12 Apr 2026NOK 429.1bNOK 261.1bNOK 13.0b43.3x33.1x1.6x
Tue, 10 Mar 2026NOK 425.1bNOK 261.0bNOK 12.9b45.6x33x1.6x
Thu, 05 Feb 2026NOK 428.2bNOK 264.7bNOK 8.8b26.3x48.9x1.6x
Sat, 03 Jan 2026NOK 444.5bNOK 267.3bNOK 8.8b27.5x50.4x1.7x
Mon, 01 Dec 2025NOK 418.5bNOK 266.4bNOK 8.8b21.4x47.7x1.6x
Wed, 29 Oct 2025NOK 417.7bNOK 262.3bNOK 6.8b26.4x61x1.6x
Fri, 26 Sep 2025NOK 403.7bNOK 262.9bNOK 6.9b25.7x58.9x1.5x
Sun, 24 Aug 2025NOK 399.2bNOK 262.2bNOK 7.9b23.1x50.8x1.5x
Tue, 22 Jul 2025NOK 372.6bNOK 260.4bNOK 9.8b22.2x37.9x1.4x
Thu, 19 Jun 2025NOK 369.2bNOK 257.0bNOK 10.2b21.3x36.2x1.4x
Sat, 17 May 2025NOK 396.6bNOK 258.0bNOK 12.6b23x31.6x1.5x
Mon, 14 Apr 2025NOK 386.6bNOK 260.3bNOK 15.5b20.7x25x1.5x
Wed, 12 Mar 2025NOK 397.0bNOK 257.4bNOK 15.4b21.1x25.8x1.5x
Fri, 07 Feb 2025NOK 419.7bNOK 256.3bNOK 16.3b22.6x25.8x1.6x
Sun, 05 Jan 2025NOK 398.3bNOK 256.7bNOK 16.3b21.2x24.5x1.6x
Tue, 03 Dec 2024NOK 408.0bNOK 255.9bNOK 16.3b22x25x1.6x
Thu, 31 Oct 2024NOK 404.8bNOK 259.0bNOK 17.2b18.5x23.6x1.6x
Sat, 28 Sep 2024NOK 383.7bNOK 256.6bNOK 17.7b17.2x21.7x1.5x
Mon, 26 Aug 2024NOK 387.2bNOK 255.7bNOK 14.5b21.2x26.7x1.5x
Wed, 24 Jul 2024NOK 376.5bNOK 257.4bNOK 10.7b36x35.3x1.5x
Fri, 21 Jun 2024NOK 381.8bNOK 252.8bNOK 10.1b41.1x37.7x1.5x
Sun, 19 May 2024NOK 399.1bNOK 254.8bNOK 10.4b42x38.4x1.6x
Tue, 16 Apr 2024NOK 387.0bNOK 253.4bNOK 13.3b30.6x29x1.5x
Thu, 14 Mar 2024NOK 392.1bNOK 250.5bNOK 13.2b36.2x29.7x1.6x
Sat, 10 Feb 2024NOK 353.9bNOK 244.8bNOK 9.4b56.5x37.7x1.4x
Mon, 08 Jan 2024NOK 367.0bNOK 250.5bNOK 9.5b47.3x38.5x1.5x
Wed, 06 Dec 2023NOK 371.9bNOK 254.2bNOK 9.7b48.8x38.4x1.5x
Fri, 03 Nov 2023NOK 359.0bNOK 251.0bNOK 11.0b36.6x32.6x1.4x
Sun, 01 Oct 2023NOK 369.4bNOK 245.0bNOK 10.8b36.8x34.1x1.5x
Tue, 29 Aug 2023NOK 367.4bNOK 247.0bNOK 11.4b26.1x32.1x1.5x
Thu, 27 Jul 2023NOK 351.3bNOK 239.5bNOK 26.8b13.7x13.1x1.5x
Sat, 24 Jun 2023NOK 347.0bNOK 240.9bNOK 27.6b14.8x12.6x1.4x
Mon, 22 May 2023NOK 383.7bNOK 240.4bNOK 27.7b15.9x13.8x1.6x
Wed, 19 Apr 2023NOK 383.2bNOK 226.1bNOK 25.3b19.2x15.1x1.7x
Price to Earnings Ratio

15.1x


Total Market Cap: NOK 383.2bTotal Earnings: NOK 25.3bTotal Revenue: NOK 226.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Packaged Foods and Meats Industry Price to Earnings3Y Average 32.7x202420252026
Current Industry PE
  • Investors are relatively neutral on the Norwegian Packaged Foods and Meats 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 32.7x.
  • 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 20% per year over the last three years.
  • Meanwhile revenues for these companies have grown 4.9% 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-0.88%
Consumer Staples-1.59%
Food-1.59%
Packaged Foods and Meats-1.59%
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
BAKKA P/F BakkafrostNOK 473.403.4%
+NOK 913.1m		-4.5%PE35.5x
GIGA Gigante SalmonNOK 10.357.6%
+NOK 164.0m		38.7%PS32.5x
LSG Lerøy Seafood GroupNOK 49.720.4%
+NOK 131.0m		12.3%PE80.9x
SALME Salmon EvolutionNOK 5.144.4%
+NOK 99.5m		-10.8%PS7.3x
AKBM Aker BioMarineNOK 108.000.9%
+NOK 87.7m		119.5%PS4.6x

Latest News

GIGA
NOK 10.35
Gigante Salmon
7D
7.6%
1Y
38.7%
MOWI
NOK 215.80
Mowi
7D
-3.6%
1Y
16.3%

MOWI: Future P/E And Revenue Outlook Will Drive Returns Forward

Mowi's analyst price target has been adjusted slightly to NOK 248.67 from NOK 250.00, as analysts balance a higher revenue outlook and updated P/E assumptions with mixed recent research that includes both a Berenberg price target increase and a more cautious stance from Pareto. Analyst Commentary Recent research reflects a split view on Mowi, with one group of bullish analysts lifting their price targets and more cautious analysts turning increasingly wary on the shares.
AUSS
NOK 103.00
Austevoll Seafood
7D
-1.2%
1Y
10.0%

AUSS: Mixed Rating Shifts Will Shape Future Margin And P/E Expectations

Analysts maintain their NOK 109.14 price target for Austevoll Seafood, balancing a recent upgrade and downgrade as they reassess the stock based on stable fair value, discount rate, revenue growth, profit margin, and future P/E assumptions. Analyst Commentary Recent research reflects a split view on Austevoll Seafood, with one group of analysts turning more positive and another becoming more cautious, even as the NOK 109.14 price target remains unchanged.
SALM
NOK 554.00
SalMar
7D
-4.2%
1Y
11.0%

SALM: Revised Margin Profile And Higher P/E Will Support Future Returns

Narrative Update on SalMar Analysts have raised their SalMar price target by NOK 15 to NOK 680, citing updated assumptions that include a revised profit margin profile and a higher future P/E multiple. Analyst Commentary Recent Street research on SalMar points to a constructive tone, with bullish analysts adjusting price targets and refining their views on the company’s valuation and earnings profile.
AFISH
NOK 35.80
Arctic Fish Holding
7D
-5.3%
1Y
-40.3%
AKBM
NOK 108.00
Aker BioMarine
7D
0.9%
1Y
119.5%
GSF
NOK 71.95
Grieg Seafood
7D
-5.2%
1Y
30.7%
LSG
NOK 49.72
Lerøy Seafood Group
7D
0.4%
1Y
12.3%

LSG: Future Returns Will Hinge On 2030 Plans And Mixed Broker Views

Analysts have nudged their price target on Lerøy Seafood Group to NOK 53.29, reflecting slightly higher assumed revenue growth and profit margins alongside a marginally lower forward P/E, while recent research has shown a mix of more bullish and more cautious views on the shares. Analyst Commentary Recent research on Lerøy Seafood Group highlights a split in opinion, with some bullish analysts becoming more constructive on the shares while more cautious analysts are dialing back expectations.
BAKKA
NOK 473.40
P/F Bakkafrost
7D
3.4%
1Y
-4.5%
MAS
NOK 30.70
Måsøval
7D
-0.6%
1Y
34.6%
ISLAX
NOK 77.00
Icelandic Salmon
7D
2.4%
1Y
-26.0%
ANDF
NOK 29.50
Andfjord Salmon Group
7D
-3.0%
1Y
-9.0%
SALME
NOK 5.14
Salmon Evolution
7D
4.4%
1Y
-10.8%
DELIA
NOK 396.00
Dellia Group
7D
0.8%
1Y
n/a
KLDVK
NOK 4.02
Kaldvik
7D
-4.3%
1Y
-80.9%
BARRA
NOK 0.97
Barramundi Group
7D
21.9%
1Y
21.3%