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Norwegian (OSEAX) Packaged Foods and Meats Industry Analysis

UpdatedSep 27, 2023
DataAggregated Company Financials
Companies28
  • 7D-4.1%
  • 3M4.4%
  • 1Y-4.5%
  • YTD6.6%

Over the last 7 days, the Packaged Foods and Meats industry has dropped 4.1%, driven by declines in Mowi and Orkla of 3.4% and 3.6%, respectively. The industry has fallen 4.5% in the last year. Earnings are forecast to grow by 35% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 27 Sep 2023kr366.5bkr245.9bkr10.9b36.6x33.7x1.5x
Fri, 25 Aug 2023kr364.8bkr244.1bkr18.5b16.3x19.7x1.5x
Sun, 23 Jul 2023kr357.4bkr239.4bkr26.8b13.8x13.3x1.5x
Tue, 20 Jun 2023kr358.9bkr239.7bkr27.4b14.9x13.1x1.5x
Thu, 18 May 2023kr379.7bkr237.9bkr27.5b15.6x13.8x1.6x
Sat, 15 Apr 2023kr375.7bkr225.7bkr25.2b18.4x14.9x1.7x
Mon, 13 Mar 2023kr345.4bkr225.1bkr25.1b16.9x13.7x1.5x
Wed, 08 Feb 2023kr367.6bkr215.2bkr26.5b16.4x13.8x1.7x
Fri, 06 Jan 2023kr354.4bkr213.5bkr26.3b14.8x13.5x1.7x
Sun, 04 Dec 2022kr322.8bkr209.7bkr25.9b13.3x12.4x1.5x
Tue, 01 Nov 2022kr309.1bkr201.8bkr24.9b14x12.4x1.5x
Thu, 29 Sep 2022kr306.4bkr202.6bkr25.1b14.6x12.2x1.5x
Sat, 27 Aug 2022kr422.0bkr195.9bkr23.1b25.8x18.3x2.2x
Mon, 25 Jul 2022kr444.9bkr191.6bkr19.0b27x23.5x2.3x
Wed, 22 Jun 2022kr434.7bkr190.5bkr18.6b26.7x23.4x2.3x
Fri, 20 May 2022kr438.5bkr189.4bkr18.9b21.1x23.2x2.3x
Sun, 17 Apr 2022kr468.3bkr178.3bkr18.3b26.3x25.6x2.6x
Tue, 15 Mar 2022kr425.0bkr180.1bkr18.8b20.9x22.6x2.4x
Thu, 10 Feb 2022kr443.5bkr172.2bkr15.6b31.4x28.4x2.6x
Sat, 08 Jan 2022kr411.2bkr171.8bkr15.7b27.1x26.2x2.4x
Mon, 06 Dec 2021kr396.1bkr173.2bkr15.9b26.5x24.9x2.3x
Wed, 03 Nov 2021kr445.6bkr163.4bkr15.8b35.1x28.2x2.7x
Fri, 01 Oct 2021kr417.5bkr164.7bkr15.9b32.3x26.2x2.5x
Sun, 29 Aug 2021kr434.7bkr165.2bkr16.1b30.1x27x2.6x
Mon, 05 Jul 2021kr428.3bkr165.2bkr16.1b28.3x26.6x2.6x
Thu, 08 Apr 2021kr415.8bkr159.9bkr14.5b29.1x28.7x2.6x
Sun, 10 Jan 2021kr386.5bkr161.6bkr8.7b45.4x44.6x2.4x
Sat, 03 Oct 2020kr366.0bkr166.0bkr13.7b22.8x26.7x2.2x
Price to Earnings Ratio

26.7x


Total Market Cap: kr366.0bTotal Earnings: kr13.7bTotal Revenue: kr166.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Packaged Foods and Meats Industry Price to Earnings3Y Average 23.8x202120222023
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 33.7x which is higher than its 3-year average PE of 23.8x.
  • The 3-year average PS ratio of 2.1x is higher than the industry's current PS ratio of 1.5x.
Past Earnings Growth
  • The earnings for companies in the Packaged Foods and Meats industry have declined 7.4% per year over the last three years.
  • Meanwhile revenues for these companies have grown 14% 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-1.63%
Consumer Staples-4.05%
Food-4.05%
Packaged Foods and Meats-4.05%
Agricultural Products0%
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 BioMarinekr39.703.4%
+kr114.0m
-15.9%PS1.1x
ASA Atlantic Sapphirekr1.52-5.0%
kr61.3m
-86.3%PS2.7x
HVAL Hval Sjokoladefabrikkkr3.5055.6%
+kr33.8m
40.0%n/a
BARRA Barramundi Groupkr2.604.0%
+kr4.0m
-48.0%PS0.4x
GIGA Gigante Salmonkr7.980.3%
+kr2.1m
16.7%PE131.8x
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