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Norwegian (OSEAX) Food Industry Analysis

UpdatedOct 20, 2024
DataAggregated Company Financials
Companies26
  • 7D0.4%
  • 3M-0.09%
  • 1Y18.4%
  • YTD14.6%

The Food industry has stayed flat over the last week. As for the the longer term, the industry is up 18% over the past 12 months. Looking forward, earnings are forecast to grow by 26% annually.

Industry Valuation and Performance

Has the Norwegian Food Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 20 Oct 2024NOK 406.8bNOK 258.0bNOK 17.5b18.4x23.2x1.6x
Tue, 17 Sep 2024NOK 386.1bNOK 257.0bNOK 17.7b17.3x21.8x1.5x
Thu, 15 Aug 2024NOK 396.9bNOK 256.3bNOK 10.6b35.8x37.3x1.5x
Sat, 13 Jul 2024NOK 364.1bNOK 255.4bNOK 10.0b36.5x36.4x1.4x
Mon, 10 Jun 2024NOK 382.9bNOK 254.7bNOK 10.2b41.3x37.5x1.5x
Wed, 08 May 2024NOK 383.3bNOK 254.8bNOK 13.4b30.8x28.6x1.5x
Fri, 05 Apr 2024NOK 388.7bNOK 253.4bNOK 13.4b31.2x29x1.5x
Sun, 03 Mar 2024NOK 393.0bNOK 250.1bNOK 13.2b35.2x29.9x1.6x
Tue, 30 Jan 2024NOK 370.7bNOK 250.7bNOK 9.5b48.5x38.9x1.5x
Thu, 28 Dec 2023NOK 351.2bNOK 249.9bNOK 9.5b47.7x36.8x1.4x
Sat, 25 Nov 2023NOK 371.5bNOK 253.5bNOK 9.7b48.7x38.3x1.5x
Mon, 23 Oct 2023NOK 350.0bNOK 247.8bNOK 11.0b35.2x31.9x1.4x
Wed, 20 Sep 2023NOK 381.7bNOK 246.2bNOK 10.9b37.5x35x1.6x
Fri, 18 Aug 2023NOK 365.2bNOK 241.4bNOK 27.0b13.6x13.5x1.5x
Sun, 16 Jul 2023NOK 352.3bNOK 240.0bNOK 26.9b13.6x13.1x1.5x
Tue, 13 Jun 2023NOK 362.9bNOK 239.5bNOK 27.3b14.9x13.3x1.5x
Thu, 11 May 2023NOK 377.6bNOK 230.1bNOK 26.7b16.2x14.2x1.6x
Sat, 08 Apr 2023NOK 365.2bNOK 225.9bNOK 25.3b17.8x14.5x1.6x
Mon, 06 Mar 2023NOK 349.2bNOK 223.5bNOK 24.9b17.2x14x1.6x
Wed, 01 Feb 2023NOK 376.3bNOK 213.9bNOK 26.4b16.7x14.3x1.8x
Fri, 30 Dec 2022NOK 346.2bNOK 212.0bNOK 26.1b14.3x13.3x1.6x
Sun, 27 Nov 2022NOK 319.8bNOK 209.6bNOK 25.9b13.2x12.3x1.5x
Tue, 25 Oct 2022NOK 293.0bNOK 202.4bNOK 24.9b15.2x11.7x1.4x
Thu, 22 Sep 2022NOK 388.6bNOK 201.2bNOK 24.9b16.3x15.6x1.9x
Sat, 20 Aug 2022NOK 445.8bNOK 190.2bNOK 18.8b27.7x23.7x2.3x
Mon, 18 Jul 2022NOK 441.0bNOK 192.2bNOK 19.0b26.7x23.2x2.3x
Wed, 15 Jun 2022NOK 435.1bNOK 190.8bNOK 18.1b26.4x24.1x2.3x
Fri, 13 May 2022NOK 456.3bNOK 183.0bNOK 17.7b25x25.8x2.5x
Sun, 10 Apr 2022NOK 472.8bNOK 178.1bNOK 18.0b26.3x26.3x2.7x
Tue, 08 Mar 2022NOK 404.6bNOK 179.9bNOK 18.4b20.3x22x2.2x
Thu, 03 Feb 2022NOK 436.9bNOK 171.7bNOK 15.3b30.8x28.6x2.5x
Sat, 01 Jan 2022NOK 417.0bNOK 171.5bNOK 15.4b27.4x27x2.4x
Mon, 29 Nov 2021NOK 407.3bNOK 172.8bNOK 15.6b27.2x26.1x2.4x
Wed, 27 Oct 2021NOK 452.7bNOK 162.6bNOK 15.5b36.2x29.1x2.8x
Price to Earnings Ratio

29.1x


Total Market Cap: NOK 452.7bTotal Earnings: NOK 15.5bTotal Revenue: NOK 162.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Food Industry Price to Earnings3Y Average 24.5x202220232024
Current Industry PE
  • Investors are relatively neutral on the Norwegian Food 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 24.5x.
  • The 3-year average PS ratio of 1.8x is higher than the industry's current PS ratio of 1.6x.
Past Earnings Growth
  • The earnings for companies in the Food industry have grown 4.0% per year over the last three years.
  • Revenues for these companies have grown 17% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Norwegian Consumer Staples industry?

NO Market-1.32%
Consumer Staples0.44%
Food0.44%
Packaged Foods and Meats0.44%
Agricultural Products0%
Industry PE
  • Investors are most optimistic about the Packaged Foods and Meats industry, which is trading close to its 3-year average PE ratio of 24.4x.
    • Analysts are expecting annual earnings growth of 25.8%, which is lower than the prior year's growth of 61.2% per year.
  • Investors are most pessimistic about the Packaged Foods and Meats industry, which is trading close to its 3-year average of 24.4x.
Forecasted Growth
  • Analysts are most optimistic on the Packaged Foods and Meats industry, expecting annual earnings growth of 26% over the next 5 years.
  • However this is lower than its past earnings growth rate of 61% per year.
  • In contrast, the Packaged Foods and Meats industry is expected to see its earnings grow by 26% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
MOWI MowiNOK 196.851.3%
+NOK 1.3b		11.8%PE17.5x
ASA Atlantic SapphireNOK 0.093-53.5%
NOK 585.4m		-99.3%PS3.2x
SALM SalMarNOK 578.000.6%
+NOK 461.2m		13.0%PE21.1x
AKBM Aker BioMarineNOK 52.608.2%
+NOK 350.7m		34.7%PS1.2x
LSG Lerøy Seafood GroupNOK 52.551.0%
+NOK 297.7m		21.9%PE19.4x
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Latest News

KLDVK

NOK 25.20

Kaldvik

7D

-1.6%

1Y

0%

LSG

NOK 52.55

Lerøy Seafood Group

7D

1.0%

1Y

21.9%

Returns On Capital At Lerøy Seafood Group (OB:LSG) Have Stalled

Oct 18
Returns On Capital At Lerøy Seafood Group (OB:LSG) Have Stalled

ASA

NOK 0.093

Atlantic Sapphire

7D

-53.5%

1Y

-99.3%

GSF

NOK 64.20

Grieg Seafood

7D

2.0%

1Y

-7.1%

NCOD

NOK 20.40

Norcod

7D

-10.9%

1Y

-6.4%

Norcod (OB:NCOD) Is Making Moderate Use Of Debt

Oct 14
Norcod (OB:NCOD) Is Making Moderate Use Of Debt

ORK

NOK 102.50

Orkla

7D

-0.3%

1Y

27.7%

These 4 Measures Indicate That Orkla (OB:ORK) Is Using Debt Reasonably Well

Oct 14
These 4 Measures Indicate That Orkla (OB:ORK) Is Using Debt Reasonably Well

SALME

NOK 6.70

Salmon Evolution

7D

-2.8%

1Y

11.7%

MOWI

NOK 196.85

Mowi

7D

1.3%

1Y

11.8%

Is Now The Time To Look At Buying Mowi ASA (OB:MOWI)?

Oct 06
Is Now The Time To Look At Buying Mowi ASA (OB:MOWI)?

BAKKA

NOK 658.00

P/F Bakkafrost

7D

0.8%

1Y

39.8%

There's Reason For Concern Over P/F Bakkafrost's (OB:BAKKA) Price

Oct 01
There's Reason For Concern Over P/F Bakkafrost's (OB:BAKKA) Price

NOHAL

NOK 26.60

Nordic Halibut

7D

-2.9%

1Y

16.7%

AFISH

NOK 55.50

Arctic Fish Holding

7D

-4.3%

1Y

-36.6%

KING

NOK 6.00

Kingfish

7D

-4.0%

1Y

-26.8%

AKBM

NOK 52.60

Aker BioMarine

7D

8.2%

1Y

34.7%

SALM

NOK 578.00

SalMar

7D

0.6%

1Y

13.0%

Pinning Down SalMar ASA's (OB:SALM) P/E Is Difficult Right Now

Sep 09
Pinning Down SalMar ASA's (OB:SALM) P/E Is Difficult Right Now

NOAP

NOK 75.00

Nordic Aqua Partners

7D

-3.8%

1Y

4.2%

AUSS

NOK 100.60

Austevoll Seafood

7D

1.0%

1Y

39.5%