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Norwegian (OSEAX) Packaged Foods and Meats Industry Analysis

UpdatedJan 08, 2026
DataAggregated Company Financials
Companies24
  • 7D-3.5%
  • 3M4.8%
  • 1Y7.0%
  • YTDn/a

Over the last 7 days, the Packaged Foods and Meats industry has dropped 1.4%, driven by a pullback from Mowi of 3.9%. This takes the industry's 12 month performance to a gain of 7.6%. As for the next few years, earnings are expected to grow by 42% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 08 Jan 2026NOK 428.5bNOK 267.2bNOK 8.8b26.3x48.7x1.6x
Sat, 06 Dec 2025NOK 426.9bNOK 267.1bNOK 8.8b26.8x48.4x1.6x
Mon, 03 Nov 2025NOK 409.0bNOK 262.7bNOK 6.8b25.9x59.8x1.6x
Wed, 01 Oct 2025NOK 399.1bNOK 262.9bNOK 6.9b25.2x58.1x1.5x
Fri, 29 Aug 2025NOK 392.8bNOK 261.8bNOK 7.4b22.7x52.9x1.5x
Sun, 27 Jul 2025NOK 378.1bNOK 261.1bNOK 10.0b22.1x38x1.4x
Tue, 24 Jun 2025NOK 371.4bNOK 258.6bNOK 10.2b21.4x36.3x1.4x
Thu, 22 May 2025NOK 393.3bNOK 257.1bNOK 10.3b26.4x38x1.5x
Sat, 19 Apr 2025NOK 397.1bNOK 259.2bNOK 15.4b21.3x25.7x1.5x
Mon, 17 Mar 2025NOK 398.4bNOK 257.0bNOK 15.4b21.3x25.9x1.6x
Wed, 12 Feb 2025NOK 422.3bNOK 255.9bNOK 16.2b22.9x26x1.7x
Fri, 10 Jan 2025NOK 397.6bNOK 257.0bNOK 16.3b20.9x24.4x1.5x
Sun, 08 Dec 2024NOK 412.5bNOK 256.7bNOK 16.4b22.2x25.2x1.6x
Tue, 05 Nov 2024NOK 394.8bNOK 259.4bNOK 17.3b18.7x22.8x1.5x
Thu, 03 Oct 2024NOK 391.2bNOK 256.8bNOK 17.7b17.7x22.1x1.5x
Sat, 31 Aug 2024NOK 383.5bNOK 256.6bNOK 17.8b17.6x21.6x1.5x
Mon, 29 Jul 2024NOK 378.7bNOK 257.4bNOK 10.7b35.6x35.5x1.5x
Wed, 26 Jun 2024NOK 378.3bNOK 253.5bNOK 9.6b35.6x39.2x1.5x
Fri, 24 May 2024NOK 393.1bNOK 254.5bNOK 10.3b39.5x38.3x1.5x
Sun, 21 Apr 2024NOK 366.9bNOK 254.1bNOK 13.1b30.3x28x1.4x
Tue, 19 Mar 2024NOK 391.1bNOK 251.3bNOK 13.2b36.1x29.5x1.6x
Thu, 15 Feb 2024NOK 357.0bNOK 244.8bNOK 9.3b56.4x38.2x1.5x
Sat, 13 Jan 2024NOK 367.9bNOK 250.5bNOK 9.5b48.3x38.6x1.5x
Mon, 11 Dec 2023NOK 364.7bNOK 253.9bNOK 9.7b48.8x37.7x1.4x
Wed, 08 Nov 2023NOK 350.2bNOK 251.9bNOK 11.0b35.4x31.8x1.4x
Fri, 06 Oct 2023NOK 360.8bNOK 246.6bNOK 10.9b36.7x33.1x1.5x
Sun, 03 Sep 2023NOK 368.9bNOK 246.3bNOK 10.9b36.3x33.7x1.5x
Tue, 01 Aug 2023NOK 357.4bNOK 239.0bNOK 26.7b13.6x13.4x1.5x
Thu, 29 Jun 2023NOK 342.8bNOK 240.4bNOK 27.5b14.7x12.5x1.4x
Sat, 27 May 2023NOK 381.0bNOK 241.2bNOK 27.8b15.6x13.7x1.6x
Mon, 24 Apr 2023NOK 385.0bNOK 227.1bNOK 25.7b19.2x15x1.7x
Wed, 22 Mar 2023NOK 351.7bNOK 225.4bNOK 25.2b17.2x14x1.6x
Fri, 17 Feb 2023NOK 357.3bNOK 214.4bNOK 26.5b16.1x13.5x1.7x
Sun, 15 Jan 2023NOK 355.6bNOK 212.8bNOK 26.2b14.8x13.6x1.7x
Price to Earnings Ratio

13.6x


Total Market Cap: NOK 355.6bTotal Earnings: NOK 26.2bTotal Revenue: NOK 212.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Packaged Foods and Meats Industry Price to Earnings3Y Average 30.6x202420252026
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 49.5x which is higher than its 3-year average PE of 30.5x.
  • 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 31% per year over the last three years.
  • Meanwhile revenues for these companies have grown 7.8% 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-0.54%
Consumer Staples-3.46%
Food-3.46%
Packaged Foods and Meats-3.46%
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
ANDF Andfjord Salmon GroupNOK 25.001.6%
+NOK 42.9m		-37.5%PS3000.9x
KLDVK KaldvikNOK 9.002.3%
+NOK 33.7m		-64.8%PS1.2x
SALME Salmon EvolutionNOK 5.261.3%
+NOK 32.4m		-20.1%PS6.5x
MAS MåsøvalNOK 26.000.4%
+NOK 12.3m		-4.4%PS1.2x
PROXI Proximar SeafoodNOK 0.685.2%
+NOK 10.9m		-81.4%PS2.7x

Latest News

KLDVK
NOK 9.00
Kaldvik
7D
2.3%
1Y
-64.8%
ASA
NOK 7.00
Atlantic Sapphire
7D
0.7%
1Y
-60.2%
AUSS
NOK 96.90
Austevoll Seafood
7D
-0.6%
1Y
1.7%

AUSS: Rising Production Volumes Will Support Stronger Earnings Momentum Ahead

Analysts have made a small trim to their price target for Austevoll Seafood to NOK 113.20 from NOK 113.50, reflecting slightly softer profit margin assumptions and a modestly higher forward P/E input, while keeping revenue growth expectations broadly unchanged. What's in the News Austevoll Seafood ASA reported production results for the third quarter of 2025, with the company maintaining guidance at 195,000 tonnes of volumes.
PROXI
NOK 0.68
Proximar Seafood
7D
5.2%
1Y
-81.4%
ORK
NOK 109.50
Orkla
7D
-2.7%
1Y
10.7%
ANDF
NOK 25.00
Andfjord Salmon Group
7D
1.6%
1Y
-37.5%
MOWI
NOK 232.80
Mowi
7D
-4.3%
1Y
20.3%

Mowi ASA's (OB:MOWI) Earnings Haven't Escaped The Attention Of Investors

Dec 31
Mowi ASA's (OB:MOWI) Earnings Haven't Escaped The Attention Of Investors
LSG
NOK 49.46
Lerøy Seafood Group
7D
-2.5%
1Y
1.1%

LSG Future Returns Will Be Driven By Stable Harvest Volumes Execution

Analysts have slightly lowered their price target for Lerøy Seafood Group from NOK 55.33 to NOK 54.67, reflecting a more cautious stance following recent rating changes, even as long term valuation metrics remain broadly stable. Analyst Commentary Recent research updates highlight a more balanced stance on Lerøy Seafood Group, with the shift to a Hold recommendation reflecting a reassessment of near term risk and reward rather than a fundamental break in the long term investment case.
MAS
NOK 26.00
Måsøval
7D
0.4%
1Y
-4.4%

Is Måsøval (OB:MAS) Using Too Much Debt?

Dec 25
Is Måsøval (OB:MAS) Using Too Much Debt?
BAKKA
NOK 494.40
P/F Bakkafrost
7D
-4.3%
1Y
-20.1%

BAKKA: Upgraded NOK 540 View Will Emphasize Resilient Operations And Ongoing Risks

Narrative Update on P/F Bakkafrost The analyst price target for P/F Bakkafrost has been nudged higher to NOK 540, reflecting analysts' more constructive view on the company’s earnings resilience and valuation following recent upgrades, despite only marginal tweaks to long term growth and profitability assumptions. Analyst Commentary Bullish analysts view the upgrade and NOK 540 price target as confirmation that P/F Bakkafrost is better positioned to navigate near term volatility than previously assumed, with a more supportive risk reward profile at current levels.
SALM
NOK 589.00
SalMar
7D
-4.6%
1Y
11.8%

SalMar (OB:SALM) Takes On Some Risk With Its Use Of Debt

Dec 23
SalMar (OB:SALM) Takes On Some Risk With Its Use Of Debt
ISLAX
NOK 76.40
Icelandic Salmon
7D
-4.5%
1Y
-36.3%
SALME
NOK 5.26
Salmon Evolution
7D
1.3%
1Y
-20.1%
GSF
NOK 74.00
Grieg Seafood
7D
-4.9%
1Y
25.9%
AFISH
NOK 32.20
Arctic Fish Holding
7D
0.6%
1Y
-55.3%