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Swedish (OMX) Food Industry Analysis

UpdatedOct 16, 2024
DataAggregated Company Financials
Companies11
  • 7D2.4%
  • 3M10.8%
  • 1Y58.0%
  • YTD47.0%

The Food industry is up 2.4% in the last week, with AAK AB (publ.) up 2.7%. During this same period, the Premium Snacks Nordic underperformed, falling 12%. This takes the industry's 12 month performance to a gain of 58%. As for the next few years, earnings are expected to grow by 7.1% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 16 Oct 2024SEK 103.4bSEK 71.6bSEK 4.2b24.2x24.9x1.4x
Fri, 13 Sep 2024SEK 101.1bSEK 71.6bSEK 4.2b20.2x24.3x1.4x
Sun, 11 Aug 2024SEK 92.0bSEK 71.6bSEK 4.1b22.7x22.2x1.3x
Tue, 09 Jul 2024SEK 98.2bSEK 71.7bSEK 3.9b21.7x25.1x1.4x
Thu, 06 Jun 2024SEK 89.6bSEK 71.7bSEK 3.9b20.8x22.9x1.2x
Sat, 04 May 2024SEK 86.1bSEK 71.7bSEK 3.9b20x22.1x1.2x
Mon, 01 Apr 2024SEK 78.2bSEK 73.0bSEK 3.5b19.9x22x1.1x
Wed, 28 Feb 2024SEK 71.4bSEK 73.0bSEK 3.5b18.3x20.2x1x
Fri, 26 Jan 2024SEK 70.2bSEK 75.4bSEK 2.9b19.1x24.2x0.9x
Sun, 24 Dec 2023SEK 69.8bSEK 75.4bSEK 2.9b18.3x24.1x0.9x
Tue, 21 Nov 2023SEK 68.7bSEK 75.4bSEK 2.9b18.2x23.7x0.9x
Thu, 19 Oct 2023SEK 64.4bSEK 76.6bSEK 2.2b17.9x29.5x0.8x
Sat, 16 Sep 2023SEK 63.1bSEK 76.6bSEK 2.2b18x28.9x0.8x
Mon, 14 Aug 2023SEK 61.7bSEK 76.3bSEK 2.1b20.4x29.4x0.8x
Wed, 12 Jul 2023SEK 62.2bSEK 77.3bSEK 1.5b26.2x41.8x0.8x
Fri, 09 Jun 2023SEK 65.8bSEK 77.3bSEK 1.5b27.3x44.3x0.9x
Sun, 07 May 2023SEK 67.6bSEK 77.3bSEK 1.5b29.1x45.3x0.9x
Tue, 04 Apr 2023SEK 60.3bSEK 75.3bSEK 1.3b26.4x45.3x0.8x
Thu, 02 Mar 2023SEK 58.8bSEK 75.4bSEK 1.3b26.4x45x0.8x
Sat, 28 Jan 2023SEK 58.6bSEK 71.9bSEK 1.4b33.4x43x0.8x
Mon, 26 Dec 2022SEK 57.9bSEK 71.6bSEK 1.4b32.8x41.3x0.8x
Wed, 23 Nov 2022SEK 57.5bSEK 71.7bSEK 1.4b33.5x41.4x0.8x
Fri, 21 Oct 2022SEK 49.2bSEK 66.8bSEK 1.7b36.4x28.8x0.7x
Sun, 18 Sep 2022SEK 51.7bSEK 66.8bSEK 1.7b45.2x30.3x0.8x
Tue, 16 Aug 2022SEK 58.0bSEK 66.4bSEK 1.8b48.7x32.7x0.9x
Thu, 14 Jul 2022SEK 57.7bSEK 61.7bSEK 1.9b29x29.7x0.9x
Sat, 11 Jun 2022SEK 52.8bSEK 61.7bSEK 1.9b25.9x27.2x0.9x
Mon, 09 May 2022SEK 54.3bSEK 57.9bSEK 1.9b44.8x28.6x0.9x
Wed, 06 Apr 2022SEK 58.7bSEK 53.9bSEK 1.9b27.3x31.7x1.1x
Fri, 04 Mar 2022SEK 54.3bSEK 53.9bSEK 1.9b21x29.3x1x
Sun, 30 Jan 2022SEK 56.9bSEK 50.5bSEK 1.7b21.5x32.8x1.1x
Tue, 28 Dec 2021SEK 63.5bSEK 50.5bSEK 1.7b22.9x36.7x1.3x
Thu, 25 Nov 2021SEK 61.9bSEK 50.5bSEK 1.7b25x35.7x1.2x
Sat, 23 Oct 2021SEK 61.7bSEK 48.2bSEK 1.7b26x36.1x1.3x
Price to Earnings Ratio

36.1x


Total Market Cap: SEK 61.7bTotal Earnings: SEK 1.7bTotal Revenue: SEK 48.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Food Industry Price to Earnings3Y Average 31.5x202220232024
Current Industry PE
  • Investors are pessimistic on the Swedish Food industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 24.7x which is lower than its 3-year average PE of 31.5x.
  • The 3-year average PS ratio of 0.99x is lower than the industry's current PS ratio of 1.4x.
Past Earnings Growth
  • The earnings for companies in the Food industry have grown 34% per year over the last three years.
  • Revenues for these companies have grown 14% 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 Swedish Consumer Staples industry?

SE Market-0.28%
Consumer Staples1.70%
Food2.42%
Agricultural Products9.93%
Packaged Foods and Meats2.42%
Industry PE
  • Investors are most optimistic about the Packaged Foods and Meats industry even though it's trading below its 3-year average PE ratio of 31.0x.
    • Analysts are expecting annual earnings growth of 7.1%, which is lower than the prior year's growth of 22.2% per year.
Forecasted Growth
  • Analysts are most optimistic on the Packaged Foods and Meats industry, expecting annual earnings growth of 7.1% over the next 5 years.
  • However this is lower than its past earnings growth rate of 22% per year.
  • In contrast, the Packaged Foods and Meats industry is expected to see its earnings grow by 7.1% 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
AAK AAK AB (publ.)SEK 340.002.8%
+SEK 2.4b
60.2%PE25.9x
CLA B CloettaSEK 25.581.4%
+SEK 103.0m
46.3%PE15x
AGTIRA B AgtiraSEK 1.619.9%
+SEK 4.1m
-69.0%PS1.5x
CHEF CheffeloSEK 25.501.2%
+SEK 3.8m
85.5%PE13.6x
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Latest News

SCST

SEK 81.80

Scandi Standard

7D

-0.1%

1Y

68.8%

SNX

SEK 18.50

Premium Snacks Nordic

7D

-9.3%

1Y

210.9%

LOHILO

SEK 1.84

Lohilo Foods

7D

-5.7%

1Y

36.4%

CHEF

SEK 25.50

Cheffelo

7D

1.2%

1Y

85.5%

CLA B

SEK 25.58

Cloetta

7D

1.4%

1Y

46.3%

DUG

SEK 0.44

Dug Foodtech

7D

-7.2%

1Y

-33.6%

AGTIRA B

SEK 1.61

Agtira

7D

9.9%

1Y

-69.0%

MSON B

SEK 8.64

Midsona

7D

-1.9%

1Y

25.6%