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Swedish (OMX) Food Industry Analysis

UpdatedJul 22, 2024
DataAggregated Company Financials
Companies11
  • 7D-3.1%
  • 3M15.3%
  • 1Y41.9%
  • YTD29.8%

Over the last 7 days, the Food industry has dropped 3.1%, driven by AAK AB (publ.) declining 3.4%. In contrast, Midsona has gained 6.9%. This takes the industry's 12 month performance to a gain of 42%. Looking forward, earnings are forecast to grow by 8.1% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 22 Jul 2024SEK 91.3bSEK 71.6bSEK 4.1b22.6x22x1.3x
Wed, 19 Jun 2024SEK 93.7bSEK 71.7bSEK 3.9b21.4x24x1.3x
Fri, 17 May 2024SEK 86.7bSEK 71.8bSEK 3.9b20.1x22.2x1.2x
Sun, 14 Apr 2024SEK 78.3bSEK 73.0bSEK 3.5b20.2x22.1x1.1x
Tue, 12 Mar 2024SEK 71.6bSEK 73.0bSEK 3.5b18.2x20.3x1x
Thu, 08 Feb 2024SEK 74.7bSEK 75.5bSEK 3.0b20.1x24.5x1x
Sat, 06 Jan 2024SEK 69.5bSEK 75.4bSEK 2.9b18.6x24x0.9x
Mon, 04 Dec 2023SEK 68.1bSEK 75.4bSEK 2.9b18.1x23.5x0.9x
Wed, 01 Nov 2023SEK 65.9bSEK 75.4bSEK 2.9b17.6x22.9x0.9x
Fri, 29 Sep 2023SEK 60.6bSEK 76.6bSEK 2.2b17.3x27.8x0.8x
Sun, 27 Aug 2023SEK 62.2bSEK 76.6bSEK 2.2b17.6x28.5x0.8x
Tue, 25 Jul 2023SEK 63.8bSEK 76.3bSEK 2.1b20.4x30.4x0.8x
Thu, 22 Jun 2023SEK 63.1bSEK 77.3bSEK 1.5b26.5x42.5x0.8x
Sat, 20 May 2023SEK 68.0bSEK 77.3bSEK 1.5b27.9x45.2x0.9x
Mon, 17 Apr 2023SEK 65.0bSEK 75.3bSEK 1.3b27.8x48.8x0.9x
Wed, 15 Mar 2023SEK 57.1bSEK 75.4bSEK 1.3b25.6x42.9x0.8x
Fri, 10 Feb 2023SEK 59.5bSEK 74.8bSEK 1.4b32.9x42.9x0.8x
Sun, 08 Jan 2023SEK 59.7bSEK 71.6bSEK 1.4b33.8x42.6x0.8x
Tue, 06 Dec 2022SEK 57.7bSEK 71.6bSEK 1.4b33.9x41.1x0.8x
Thu, 03 Nov 2022SEK 53.2bSEK 71.7bSEK 1.4b32.5x38.2x0.7x
Sat, 01 Oct 2022SEK 49.0bSEK 66.8bSEK 1.7b46.7x28.7x0.7x
Mon, 29 Aug 2022SEK 54.1bSEK 66.7bSEK 1.7b49.1x31.6x0.8x
Wed, 27 Jul 2022SEK 57.9bSEK 66.3bSEK 1.8b42.6x32.6x0.9x
Fri, 24 Jun 2022SEK 53.7bSEK 61.7bSEK 1.9b27.1x27.6x0.9x
Sun, 22 May 2022SEK 56.1bSEK 61.7bSEK 1.9b36.7x29x0.9x
Tue, 19 Apr 2022SEK 60.4bSEK 53.9bSEK 1.9b27.8x32.6x1.1x
Thu, 17 Mar 2022SEK 55.1bSEK 53.9bSEK 1.9b25.9x29.8x1x
Sat, 12 Feb 2022SEK 59.6bSEK 53.8bSEK 1.8b21.7x32.8x1.1x
Mon, 10 Jan 2022SEK 62.4bSEK 50.5bSEK 1.7b22.8x36x1.2x
Wed, 08 Dec 2021SEK 60.0bSEK 50.5bSEK 1.7b23x34.7x1.2x
Fri, 05 Nov 2021SEK 62.9bSEK 50.4bSEK 1.8b26.4x34.1x1.2x
Sun, 03 Oct 2021SEK 62.5bSEK 48.2bSEK 1.7b26.2x36.5x1.3x
Tue, 31 Aug 2021SEK 68.2bSEK 48.2bSEK 1.7b26x39.9x1.4x
Price to Earnings Ratio

39.5x


Total Market Cap: SEK 67.5bTotal Earnings: SEK 1.7bTotal Revenue: SEK 48.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Food Industry Price to Earnings3Y Average 32.6x202220232024
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 22.0x which is lower than its 3-year average PE of 32.6x.
  • The 3-year average PS ratio of 0.99x is lower than the industry's current PS ratio of 1.3x.
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-1.00%
Consumer Staples4.28%
Food-3.09%
Agricultural Products1.88%
Packaged Foods and Meats-3.09%
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 32.1x.
    • Analysts are expecting annual earnings growth of 8.1%, 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 8.1% 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 8.1% 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
MSON B MidsonaSEK 11.206.9%
+SEK 104.7m		47.8%PE407.2x
CLA B CloettaSEK 22.801.2%
+SEK 80.1m		19.7%PE13.4x
SCST Scandi StandardSEK 74.800.9%
+SEK 45.7m		43.8%PE17.3x
SKMO Skåne-möllanSEK 54.003.8%
+SEK 22.0m		-42.9%PE41.3x
CHEF CheffeloSEK 25.802.8%
+SEK 8.9m		154.2%PE17.8x
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Latest News

SCST

SEK 74.80

Scandi Standard

7D

0.9%

1Y

43.8%

AAK

SEK 296.60

AAK AB (publ.)

7D

-3.4%

1Y

47.1%

Analysts Have Made A Financial Statement On AAK AB (publ.)'s (STO:AAK) Second-Quarter Report

Jul 21
Analysts Have Made A Financial Statement On AAK AB (publ.)'s (STO:AAK) Second-Quarter Report

CLA B

SEK 22.80

Cloetta

7D

1.2%

1Y

19.7%

We Think Cloetta's (STO:CLA B) Robust Earnings Are Conservative

Jul 20
We Think Cloetta's (STO:CLA B) Robust Earnings Are Conservative

MSON B

SEK 11.20

Midsona

7D

6.9%

1Y

47.8%

DUG

SEK 0.85

Dug Foodtech

7D

-6.0%

1Y

-59.3%

CHEF

SEK 25.80

Cheffelo

7D

2.8%

1Y

154.2%

Investors Holding Back On Cheffelo AB (publ) (STO:CHEF)

Jul 05
Investors Holding Back On Cheffelo AB (publ) (STO:CHEF)

LOHILO

SEK 2.31

Lohilo Foods

7D

-0.4%

1Y

27.6%

There's Reason For Concern Over Lohilo Foods AB (publ)'s (STO:LOHILO) Massive 54% Price Jump

Jun 17
There's Reason For Concern Over Lohilo Foods AB (publ)'s (STO:LOHILO) Massive 54% Price Jump

AGTIRA B

SEK 3.26

Agtira

7D

1.9%

1Y

-73.3%

SNX

SEK 11.00

Premium Snacks Nordic

7D

-0.9%

1Y

83.3%

SKMO

SEK 54.00

Skåne-möllan

7D

3.8%

1Y

-42.9%