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Norwegian (OSEAX) Packaged Foods and Meats Industry Analysis

UpdatedJan 10, 2026
DataAggregated Company Financials
Companies24
  • 7D-4.2%
  • 3M2.9%
  • 1Y5.1%
  • YTDn/a

Over the last 7 days, the Packaged Foods and Meats industry has dropped 4.2%, driven by Mowi declining 5.3%. Over the past 12 months, the industry was up 5.1%. 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
Sat, 10 Jan 2026NOK 426.1bNOK 267.0bNOK 8.8b26.2x48.4x1.6x
Mon, 08 Dec 2025NOK 426.8bNOK 267.1bNOK 8.8b26.8x48.3x1.6x
Wed, 05 Nov 2025NOK 408.2bNOK 263.0bNOK 6.8b25.5x59.7x1.6x
Fri, 03 Oct 2025NOK 398.3bNOK 262.8bNOK 6.9b25.1x58.1x1.5x
Sun, 31 Aug 2025NOK 399.7bNOK 261.9bNOK 7.4b22.9x54.1x1.5x
Tue, 29 Jul 2025NOK 377.2bNOK 260.3bNOK 9.9b22.2x38x1.4x
Thu, 26 Jun 2025NOK 373.5bNOK 259.5bNOK 10.3b21.3x36.4x1.4x
Sat, 24 May 2025NOK 387.0bNOK 257.0bNOK 10.2b22.1x38x1.5x
Mon, 21 Apr 2025NOK 397.1bNOK 259.2bNOK 15.4b21.3x25.7x1.5x
Wed, 19 Mar 2025NOK 404.8bNOK 256.8bNOK 15.4b21x26.3x1.6x
Fri, 14 Feb 2025NOK 429.1bNOK 257.8bNOK 16.8b22x25.6x1.7x
Sun, 12 Jan 2025NOK 394.6bNOK 257.1bNOK 16.3b20.8x24.2x1.5x
Tue, 10 Dec 2024NOK 410.7bNOK 256.3bNOK 16.4b22.2x25.1x1.6x
Thu, 07 Nov 2024NOK 398.9bNOK 258.6bNOK 16.7b19x23.8x1.5x
Sat, 05 Oct 2024NOK 392.5bNOK 256.4bNOK 17.6b18x22.3x1.5x
Mon, 02 Sep 2024NOK 383.5bNOK 256.6bNOK 17.8b17.6x21.6x1.5x
Wed, 31 Jul 2024NOK 388.3bNOK 256.7bNOK 10.6b35.4x36.5x1.5x
Fri, 28 Jun 2024NOK 367.6bNOK 253.8bNOK 9.7b35.5x38.1x1.4x
Sun, 26 May 2024NOK 391.9bNOK 254.1bNOK 10.3b39.1x37.9x1.5x
Tue, 23 Apr 2024NOK 366.9bNOK 254.1bNOK 13.1b30.3x28x1.4x
Thu, 21 Mar 2024NOK 397.7bNOK 251.0bNOK 13.2b36.9x30.1x1.6x
Sat, 17 Feb 2024NOK 373.8bNOK 247.1bNOK 11.4b39.7x32.9x1.5x
Mon, 15 Jan 2024NOK 367.9bNOK 250.5bNOK 9.5b48.3x38.6x1.5x
Wed, 13 Dec 2023NOK 365.7bNOK 254.6bNOK 9.7b49.4x37.7x1.4x
Fri, 10 Nov 2023NOK 370.6bNOK 252.8bNOK 11.4b36.8x32.4x1.5x
Sun, 08 Oct 2023NOK 360.3bNOK 246.7bNOK 10.9b36.5x33x1.5x
Tue, 05 Sep 2023NOK 368.6bNOK 246.1bNOK 10.9b36.7x33.7x1.5x
Thu, 03 Aug 2023NOK 356.3bNOK 239.7bNOK 26.8b13.6x13.3x1.5x
Sat, 01 Jul 2023NOK 345.4bNOK 240.1bNOK 27.4b14.7x12.6x1.4x
Mon, 29 May 2023NOK 380.9bNOK 241.2bNOK 27.8b15.6x13.7x1.6x
Wed, 26 Apr 2023NOK 383.6bNOK 227.7bNOK 25.8b18.9x14.9x1.7x
Fri, 24 Mar 2023NOK 365.7bNOK 224.8bNOK 25.1b18.6x14.6x1.6x
Sun, 19 Feb 2023NOK 360.6bNOK 217.2bNOK 26.9b16.3x13.4x1.7x
Tue, 17 Jan 2023NOK 357.0bNOK 213.0bNOK 26.3b15x13.6x1.7x
Price to Earnings Ratio

13.6x


Total Market Cap: NOK 357.0bTotal Earnings: NOK 26.3bTotal Revenue: NOK 213.0bTotal 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 48.4x which is higher than its 3-year average PE of 30.6x.
  • 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-0.15%
Consumer Staples-4.18%
Food-4.18%
Packaged Foods and Meats-4.18%
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
AKBM Aker BioMarineNOK 99.902.8%
+NOK 236.8m		53.7%PS4x
MAS MåsøvalNOK 26.002.0%
+NOK 61.3m		-4.1%PS1.2x
NCOD NorcodNOK 13.304.7%
+NOK 42.2m		-0.7%PS2.1x
KLDVK KaldvikNOK 8.951.7%
+NOK 25.2m		-66.6%PS1.2x
PROXI Proximar SeafoodNOK 0.727.1%
+NOK 15.4m		-80.3%PS2.8x

Latest News

SALM
NOK 579.50
SalMar
7D
-6.4%
1Y
7.7%

Is SalMar ASA (OB:SALM) Potentially Undervalued?

Jan 10
Is SalMar ASA (OB:SALM) Potentially Undervalued?
ORK
NOK 111.00
Orkla
7D
-1.1%
1Y
10.6%
KLDVK
NOK 8.95
Kaldvik
7D
1.7%
1Y
-66.6%
ASA
NOK 7.00
Atlantic Sapphire
7D
5.4%
1Y
-59.1%
BAKKA
NOK 475.40
P/F Bakkafrost
7D
-8.1%
1Y
-22.7%

BAKKA: NOK 540 Outlook Will Highlight Steady Operations And Execution Risk

Analysts have slightly raised their price target on P/F Bakkafrost to about NOK 540 from roughly NOK 538, citing updated assumptions around fair value and future P/E, while keeping core growth and margin expectations broadly unchanged. Analyst Commentary Bullish Takeaways Bullish analysts see the NOK 540 price target as aligned with their fair value work, suggesting current pricing assumptions and P/E expectations still support the investment case.
AUSS
NOK 95.70
Austevoll Seafood
7D
-3.1%
1Y
-0.8%

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 0.72
Proximar Seafood
7D
7.1%
1Y
-80.3%
MOWI
NOK 231.20
Mowi
7D
-5.3%
1Y
18.4%

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 48.34
Lerøy Seafood Group
7D
-6.0%
1Y
-1.9%

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
2.0%
1Y
-4.1%

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

Dec 25
Is Måsøval (OB:MAS) Using Too Much Debt?
NCOD
NOK 13.30
Norcod
7D
4.7%
1Y
-0.7%
NOAP
NOK 81.20
Nordic Aqua Partners
7D
-4.5%
1Y
8.3%

Is Nordic Aqua Partners (OB:NOAP) Using Too Much Debt?

Dec 20
Is Nordic Aqua Partners (OB:NOAP) Using Too Much Debt?
AKBM
NOK 99.90
Aker BioMarine
7D
2.8%
1Y
53.7%
GSF
NOK 73.85
Grieg Seafood
7D
-3.7%
1Y
19.6%