Orkla ASA

LSE:0FIN Stock Report

Market Cap: NOK 101.5b

Orkla Valuation

Is 0FIN undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 0FIN when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 0FIN (NOK101.83) is trading below our estimate of fair value (NOK108.76)

Significantly Below Fair Value: 0FIN is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 0FIN?

Key metric: As 0FIN is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 0FIN. This is calculated by dividing 0FIN's market cap by their current earnings.
What is 0FIN's PE Ratio?
PE Ratio17.8x
EarningsNOK 5.69b
Market CapNOK 101.50b

Price to Earnings Ratio vs Peers

How does 0FIN's PE Ratio compare to its peers?

The above table shows the PE ratio for 0FIN vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average17.8x
ABF Associated British Foods
11.1x4.2%UK£16.1b
TATE Tate & Lyle
21.2x19.3%UK£3.3b
CWK Cranswick
24x8.0%UK£2.7b
PFD Premier Foods
14.8x6.3%UK£1.6b
0FIN Orkla
17.8x7.5%NOK 101.5b

Price-To-Earnings vs Peers: 0FIN is expensive based on its Price-To-Earnings Ratio (17.8x) compared to the peer average (17.8x).

Price to Earnings Ratio vs Industry

How does 0FIN's PE Ratio compare vs other companies in the European Food Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
0FIN 17.8xIndustry Avg. 13.4xNo. of Companies17PE0816243240+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 0FIN is expensive based on its Price-To-Earnings Ratio (17.8x) compared to the European Food industry average (13.4x).

Price to Earnings Ratio vs Fair Ratio

What is 0FIN's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

0FIN PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio17.8x
Fair PE Ratio18.7x

Price-To-Earnings vs Fair Ratio: 0FIN is good value based on its Price-To-Earnings Ratio (17.8x) compared to the estimated Fair Price-To-Earnings Ratio (18.7x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 0FIN forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentNOK 101.83
NOK 99.50
-2.3%
9.8%NOK 115.00NOK 84.00n/a6
Nov ’25NOK 102.00
NOK 93.67
-8.2%
13.8%NOK 115.00NOK 76.00n/a6
Oct ’25NOK 98.99
NOK 91.00
-8.1%
10.6%NOK 105.00NOK 76.00n/a7
Sep ’25NOK 94.05
NOK 89.57
-4.8%
9.9%NOK 105.00NOK 76.00n/a7
Aug ’25NOK 90.91
NOK 89.57
-1.5%
9.9%NOK 105.00NOK 76.00n/a7
Jul ’25NOK 85.00
NOK 86.43
+1.7%
8.9%NOK 100.00NOK 75.00n/a7
Jun ’25NOK 83.95
NOK 83.43
-0.6%
6.6%NOK 92.00NOK 75.00n/a7
May ’25NOK 75.50
NOK 81.71
+8.2%
7.3%NOK 90.00NOK 74.00n/a7
Apr ’25NOK 76.54
NOK 82.71
+8.1%
10.8%NOK 100.00NOK 72.00n/a7
Mar ’25NOK 75.88
NOK 82.71
+9.0%
10.8%NOK 100.00NOK 72.00n/a7
Feb ’25NOK 82.40
NOK 86.57
+5.1%
15.3%NOK 107.00NOK 72.00n/a7
Jan ’25NOK 78.80
NOK 86.43
+9.7%
15.1%NOK 107.00NOK 72.00n/a7
Dec ’24NOK 80.80
NOK 88.00
+8.9%
13.8%NOK 107.00NOK 72.00n/a7
Nov ’24NOK 77.48
NOK 87.86
+13.4%
15.4%NOK 107.00NOK 72.00NOK 102.007
Oct ’24NOK 79.98
NOK 86.71
+8.4%
15.8%NOK 105.00NOK 67.00NOK 98.997
Sep ’24NOK 80.47
NOK 86.86
+7.9%
15.8%NOK 105.00NOK 67.00NOK 94.057
Aug ’24NOK 80.17
NOK 86.86
+8.3%
15.8%NOK 105.00NOK 67.00NOK 90.917
Jul ’24NOK 76.82
NOK 81.14
+5.6%
14.9%NOK 96.00NOK 62.00NOK 85.007
Jun ’24NOK 80.28
NOK 81.14
+1.1%
14.9%NOK 96.00NOK 62.00NOK 83.957
May ’24NOK 76.22
NOK 73.33
-3.8%
8.2%NOK 80.00NOK 62.00NOK 75.506
Apr ’24NOK 74.26
NOK 72.67
-2.1%
8.5%NOK 80.00NOK 62.00NOK 76.546
Mar ’24NOK 69.59
NOK 72.00
+3.5%
8.2%NOK 80.00NOK 62.00NOK 75.887
Feb ’24NOK 74.58
NOK 74.00
-0.8%
8.4%NOK 85.00NOK 65.00NOK 82.407
Jan ’24NOK 70.94
NOK 73.86
+4.1%
11.3%NOK 90.00NOK 64.00NOK 78.807
Dec ’23NOK 69.88
NOK 76.43
+9.4%
11.3%NOK 90.00NOK 64.00NOK 80.807
Nov ’23NOK 69.35
NOK 78.00
+12.5%
9.4%NOK 90.00NOK 68.00NOK 77.487

Analyst Forecast: Target price is lower than the current share price.

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