Norwegian (OSEAX) Packaged Foods and Meats Industry Analysis UpdatedMay 07, 2022 DataAggregated Company Financials Companies28 7D -7.2% 3M 3.2% 1Y 1.9% YTD 8.0%
Over the last 7 days, the Packaged Foods and Meats industry has dropped 1.7%, driven by pullbacks in SalMar and Mowi of 10% and 6.1%, respectively. In contrast, Andfjord Salmon has gained 5.9%. This takes the industry's 12 month performance to a gain of 7.5%. Looking forward, earnings are forecast to grow by 12% annually.
Industry Valuation and Performance
Has the Norwegian Packaged Foods and Meats Industry valuation changed over the past few years?
Date Market Cap Revenue Earnings PE Sat, 07 May 2022 kr451.4b kr181.1b kr18.0b 25x Mon, 04 Apr 2022 kr462.5b kr178.9b kr18.4b 25.2x Wed, 02 Mar 2022 kr438.0b kr180.0b kr18.8b 21.6x Fri, 28 Jan 2022 kr418.2b kr171.8b kr15.5b 28.9x Sun, 26 Dec 2021 kr409.0b kr171.6b kr15.7b 27x Tue, 23 Nov 2021 kr425.6b kr171.4b kr15.7b 29.3x Thu, 21 Oct 2021 kr441.0b kr162.8b kr15.7b 35.3x Sat, 18 Sep 2021 kr425.1b kr165.0b kr16.0b 33.1x Mon, 16 Aug 2021 kr434.9b kr165.2b kr16.1b 30.1x Mon, 31 May 2021 kr424.7b kr159.9b kr14.5b 30.3x Thu, 04 Mar 2021 kr403.9b kr161.9b kr8.7b 52.3x Sun, 06 Dec 2020 kr363.6b kr166.0b kr13.7b 21.8x Wed, 09 Sep 2020 kr351.9b kr165.4b kr10.4b 28.3x Tue, 02 Jun 2020 kr346.8b kr167.1b kr11.7b 29.6x Fri, 06 Mar 2020 kr347.9b kr157.5b kr16.1b 21.2x Mon, 09 Dec 2019 kr382.3b kr155.5b kr14.7b 27x Sun, 01 Sep 2019 kr353.0b kr151.7b kr18.3b 17.2x Wed, 05 Jun 2019 kr332.2b kr149.7b kr19.3b 14.6x Median PE Ratio
Wed, 05 Jun 2019 Total Market Cap: kr332.2b Total Earnings: kr19.3b Total Revenue: kr149.7b Total Market Cap vs Earnings and Revenue 0% 0% 0% Norwegian Packaged Foods and Meats Industry Median PE 3Y Average 27.4x 2020 2021 2022 Current Industry PE Investors are relatively neutral on the 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 27.5x. Past Earnings Growth The earnings for companies in the Packaged Foods and Meats industry have declined 2.5% per year over the last three years. Meanwhile revenues for these companies have grown 6.5% 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 -1.69% Consumer Staples -7.19% Food -7.19% Packaged Foods and Meats -7.19% Agricultural Products -3.88% Industry PEThere is insufficient data on the sub-industries of this industry. Forecasted GrowthThere is insufficient data on the sub-industries of this industry. Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
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