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Norwegian (OSEAX) Packaged Foods and Meats Industry Analysis

UpdatedApr 26, 2024
DataAggregated Company Financials
Companies26
  • 7D1.5%
  • 3M5.4%
  • 1Y-1.2%
  • YTDn/a

Over the last 7 days, the Packaged Foods and Meats industry has remained flat, although notably Orkla declined by 7.4%. Furthermore, the industry has been flat for the past year as well. Earnings are forecast to grow by 27% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 26 Apr 2024kr378.3bkr254.2bkr13.1b31.9x28.8x1.5x
Sun, 24 Mar 2024kr398.8bkr253.2bkr13.1b33.5x30.5x1.6x
Tue, 20 Feb 2024kr373.0bkr247.0bkr11.4b41.2x32.9x1.5x
Thu, 18 Jan 2024kr366.8bkr251.7bkr9.6b47.2x38.2x1.5x
Sat, 16 Dec 2023kr352.4bkr251.4bkr9.6b49.5x36.8x1.4x
Mon, 13 Nov 2023kr366.9bkr255.1bkr11.4b36.3x32.3x1.4x
Wed, 11 Oct 2023kr364.4bkr246.0bkr10.9b36.9x33.5x1.5x
Fri, 08 Sep 2023kr366.4bkr246.0bkr10.9b36.2x33.5x1.5x
Sun, 06 Aug 2023kr355.0bkr239.1bkr26.7b13.5x13.3x1.5x
Tue, 04 Jul 2023kr348.0bkr239.6bkr27.4b14.8x12.7x1.5x
Thu, 01 Jun 2023kr379.7bkr241.4bkr27.8b15.3x13.7x1.6x
Sat, 29 Apr 2023kr392.6bkr227.9bkr25.9b19.4x15.2x1.7x
Mon, 27 Mar 2023kr356.9bkr224.9bkr25.1b17.8x14.2x1.6x
Wed, 22 Feb 2023kr352.1bkr219.0bkr26.7b15.6x13.2x1.6x
Fri, 20 Jan 2023kr357.4bkr213.1bkr26.3b15.6x13.6x1.7x
Sun, 18 Dec 2022kr331.4bkr211.6bkr26.0b13.6x12.7x1.6x
Tue, 15 Nov 2022kr315.8bkr206.4bkr25.4b12.9x12.4x1.5x
Thu, 13 Oct 2022kr295.8bkr202.8bkr25.0b12.5x11.8x1.5x
Sat, 10 Sep 2022kr408.1bkr199.5bkr24.5b17.2x16.7x2x
Mon, 08 Aug 2022kr452.3bkr191.0bkr18.9b27.4x24x2.4x
Wed, 06 Jul 2022kr449.2bkr190.2bkr18.6b27.6x24.1x2.4x
Fri, 03 Jun 2022kr445.3bkr188.9bkr18.5b27.8x24x2.4x
Sun, 01 May 2022kr486.5bkr180.5bkr17.9b27.4x27.2x2.7x
Tue, 29 Mar 2022kr453.9bkr178.5bkr18.6b23.4x24.4x2.5x
Thu, 24 Feb 2022kr432.3bkr180.5bkr18.9b21.4x22.9x2.4x
Sat, 22 Jan 2022kr412.8bkr172.2bkr15.6b27.8x26.5x2.4x
Mon, 20 Dec 2021kr404.9bkr172.3bkr15.7b27x25.7x2.3x
Wed, 17 Nov 2021kr435.3bkr168.1bkr15.4b30.6x28.3x2.6x
Fri, 15 Oct 2021kr429.3bkr163.1bkr15.8b33.3x27.2x2.6x
Sun, 12 Sep 2021kr420.8bkr165.2bkr16.1b28.5x26.2x2.5x
Tue, 10 Aug 2021kr435.7bkr165.2bkr16.1b30.7x27.1x2.6x
Mon, 03 May 2021kr409.6bkr159.9bkr14.5b28.4x28.2x2.6x
Price to Earnings Ratio

28.2x


Total Market Cap: kr409.6bTotal Earnings: kr14.5bTotal Revenue: kr159.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Packaged Foods and Meats Industry Price to Earnings3Y Average 23.7x202220232024
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 28.4x which is higher than its 3-year average PE of 23.7x.
  • The 3-year average PS ratio of 2.0x 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 3.3% per year over the last three years.
  • Meanwhile revenues for these companies have grown 17% 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 Market0.94%
Consumer Staples1.52%
Food1.52%
Packaged Foods and Meats1.52%
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
SALM SalMarkr687.005.3%
+kr4.1b
45.6%PE31.9x
MOWI Mowikr191.103.8%
+kr3.6b
-5.1%PE18.9x
LSG Lerøy Seafood Groupkr47.604.4%
+kr1.2b
-15.7%PE104x
GSF Grieg Seafoodkr70.258.7%
+kr627.9m
-20.6%PE14.1x
BAKKA P/F Bakkafrostkr667.001.3%
+kr503.0m
-12.6%PE26.2x
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Latest News

SALM

kr687.00

SalMar

7D

5.3%

1Y

45.6%

ORK

kr73.65

Orkla

7D

-6.8%

1Y

-3.1%

NOHAL

kr22.00

Nordic Halibut

7D

-5.2%

1Y

-8.3%

ASA

kr0.89

Atlantic Sapphire

7D

-7.2%

1Y

-82.7%

AKBM

kr72.60

Aker BioMarine

7D

5.2%

1Y

77.5%

BAKKA

kr667.00

P/F Bakkafrost

7D

1.3%

1Y

-12.6%

NCOD

kr12.05

Norcod

7D

-3.2%

1Y

-70.6%

AFISH

kr56.50

Arctic Fish Holding

7D

-4.2%

1Y

-43.2%

ANDF

kr36.40

Andfjord Salmon

7D

-0.8%

1Y

-4.2%

AUSS

kr85.10

Austevoll Seafood

7D

2.4%

1Y

-14.9%

LSG

kr47.60

Lerøy Seafood Group

7D

4.4%

1Y

-15.7%

MAS

kr31.90

Måsøval

7D

4.6%

1Y

0%

BARRA

kr2.90

Barramundi Group

7D

-27.5%

1Y

-38.3%

STATT

kr0.53

Statt Torsk

7D

-14.2%

1Y

-65.1%