Orkla ASA engages in the branded consumer goods, renewable energy, real estate, and financial investment businesses.
No risks detected for ORK from our risk checks.
Flawless balance sheet with solid track record and pays a dividend.
Share Price & News
How has Orkla's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ORK has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: ORK exceeded the Norwegian Food industry which returned 17% over the past year.
Return vs Market: ORK exceeded the Norwegian Market which returned -0.7% over the past year.
Price Volatility Vs. Market
How volatile is Orkla's share price compared to the market and industry in the last 5 years?
Simply Wall St News
22 hours ago | Simply Wall StIs Orkla ASA's (OB:ORK) P/E Ratio Really That Good?
2 weeks ago | Simply Wall StOrkla ASA Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
3 weeks ago | Simply Wall StHere's Why Orkla (OB:ORK) Can Manage Its Debt Responsibly
Is Orkla undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: ORK (NOK86.56) is trading above our estimate of fair value (NOK74.54)
Significantly Below Fair Value: ORK is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ORK is good value based on its PE Ratio (22.6x) compared to the Food industry average (24.2x).
PE vs Market: ORK is poor value based on its PE Ratio (22.6x) compared to the Norwegian market (15.3x).
Price to Earnings Growth Ratio
PEG Ratio: ORK is poor value based on its PEG Ratio (3.7x)
Price to Book Ratio
PB vs Industry: ORK is good value based on its PB Ratio (2.5x) compared to the NO Food industry average (3.4x).
How is Orkla forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ORK's forecast earnings growth (6.2% per year) is above the savings rate (0.7%).
Earnings vs Market: ORK's earnings (6.2% per year) are forecast to grow slower than the Norwegian market (18.7% per year).
High Growth Earnings: ORK's earnings are forecast to grow, but not significantly.
Revenue vs Market: ORK's revenue (2.7% per year) is forecast to grow slower than the Norwegian market (3.3% per year).
High Growth Revenue: ORK's revenue (2.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ORK's Return on Equity is forecast to be low in 3 years time (12.2%).
How has Orkla performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ORK has high quality earnings.
Growing Profit Margin: ORK's current net profit margins (8.8%) are higher than last year (8%).
Past Earnings Growth Analysis
Earnings Trend: ORK's earnings have grown by 5.6% per year over the past 5 years.
Accelerating Growth: ORK's earnings growth over the past year (17.3%) exceeds its 5-year average (5.6% per year).
Earnings vs Industry: ORK earnings growth over the past year (17.3%) exceeded the Food industry -36.1%.
Return on Equity
High ROE: ORK's Return on Equity (11.2%) is considered low.
How is Orkla's financial position?
Financial Position Analysis
Short Term Liabilities: ORK's short term assets (NOK14.7B) exceed its short term liabilities (NOK9.9B).
Long Term Liabilities: ORK's short term assets (NOK14.7B) exceed its long term liabilities (NOK12.6B).
Debt to Equity History and Analysis
Debt Level: ORK's debt to equity ratio (19.8%) is considered satisfactory.
Reducing Debt: ORK's debt to equity ratio has reduced from 31% to 19.8% over the past 5 years.
Debt Coverage: ORK's debt is well covered by operating cash flow (88.3%).
Interest Coverage: ORK's interest payments on its debt are well covered by EBIT (29.4x coverage).
Inventory Level: ORK has a high level of physical assets or inventory.
Debt Coverage by Assets: ORK's debt is covered by short term assets (assets are 2.1x debt).
What is Orkla's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: ORK's dividend (3%) is higher than the bottom 25% of dividend payers in the Norwegian market (2.83%).
High Dividend: ORK's dividend (3%) is low compared to the top 25% of dividend payers in the Norwegian market (6.18%).
Stability and Growth of Payments
Stable Dividend: ORK's dividends per share have been stable in the past 10 years.
Growing Dividend: ORK's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (67.7%), ORK's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ORK's dividends in 3 years are forecast to be covered by earnings (59.9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jaan Semlitsch (47yo)
Mr. Jaan Ivar Semlitsch is the President, Chief Executive Officer and Member of Group Executive Board at Orkla ASA since August 2019. He was the Chief Executive Officer of Elkjop Nordic. For the past year, ...
|Executive VP of Finance & IT||5.7yrs||kr5.18m||0.00032% NOK271.0k|
|Executive VP||7.7yrs||kr6.65m||0.0028% NOK2.4m|
|Executive VP||6.4yrs||kr5.75m||0.00041% NOK347.2k|
|Executive VP of Group Functions & Member of Group Executive Board||5.2yrs||kr4.89m||0.00083% NOK702.9k|
|Executive VP||4.6yrs||kr6.53m||0.00092% NOK779.1k|
|Executive VP||2.1yrs||kr3.73m||0.00067% NOK567.4k|
|Executive VP||2.1yrs||kr4.59m||0.00095% NOK804.5k|
|Executive VP of Strategy||0.3yrs||kr5.88m||0.0049% NOK4.1m|
|President||0.5yrs||no data||0.0040% NOK3.4m|
|Group Director of Corporate Communications & Corporate Affairs and Member of Group Executive Board||7.7yrs||kr3.48m||0.0096% NOK8.1m|
Experienced Management: ORK's management team is considered experienced (4.9 years average tenure).
|Member of the Board||2.8yrs||kr518.00k||0.00078% NOK660.6k|
|Deputy Chair of the Board||0yrs||kr794.00k||0.00085% NOK719.8k|
|Member of the Board||5.8yrs||kr518.00k||0.00090% NOK762.2k|
|Chairman of the Board||13.8yrs||kr917.50k||25% NOK21.2b|
|Member of the Board||5.8yrs||kr692.67k||0.0027% NOK2.3m|
|Member of the Board||6.8yrs||kr635.00k||0.00090% NOK762.2k|
Experienced Board: ORK's board of directors are considered experienced (5.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: ORK insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Orkla ASA's company bio, employee growth, exchange listings and data sources
- Name: Orkla ASA
- Ticker: ORK
- Exchange: OB
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Market Cap: kr84.686b
- Shares outstanding: 1.00b
- Website: https://www.orkla.com
Number of Employees
- Orkla ASA
- Nedre Skøyenvei 26
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ORK||OB (Oslo Bors)||Yes||Ordinary Shares||NO||NOK||Jan 1992|
|OKL||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jan 1992|
|0FIN||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||NOK||Jan 1992|
|ORKL.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Jan 1992|
|ORKO||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||NOK||Jan 1992|
|ORKL.Y||OTCPK (Pink Sheets LLC)||SPON ADR A||US||USD||Oct 1995|
Orkla ASA engages in the branded consumer goods, renewable energy, real estate, and financial investment businesses. The company offers branded products, including pizza, ketchup, soups, sauces, bread toppings, and ready-to-eat meals through grocery retail trade, as well as the out-of-home, convenience store, and petrol station sectors. It also provides confectionery, biscuit, and snack products; and develops bran and crispbread products, as well as snack meals. In addition, the company offers cleaning products, toothbrushes, and personal hygiene products; hygiene and cleaning solutions to the professional market; dietary supplements and health products; basic garments through the grocery channel; painting tools and cleaning products; and wound care products, as well as operates Gymgrossisten and Bodystore e-commerce portals for health and sports nutrition products. Further, it supplies margarine and butter blends, yeast, bread and cake improvers and mixes, marzipan, and ice cream ingredients; produces and supplies power to the Nordic power market; and undertakes industrial property and real estate development projects. The company offers its food products under the Grandiosa, TORO, Stabburet, Felix, Paulúns, Abba, Kalles, Beauvais, Den Gamle Fabrik, Spilva, Vitana and MTR brands; snacks and confectionery products under the KiMs, Nidar, Göteborgs Kex, Sætre, OLW, Panda, Laima, Selga, Adazu, and Kalev brands; wound care and health products under the Möller’s, Collett, Salvequick, Nutrilett, Maxim, Riemann, Define, Sunsilk, Blenda, Jif, Sun, Zalo, Jordan, and Pierre Robert brands; and food ingredients under the Mors Hjemmebakte, Bakke Dal, and Naturli’ brands. It has operations in Norway, Sweden, Denmark, Finland, Iceland, the Baltics, rest of Europe, and internationally. The company is headquartered in Oslo, Norway.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/24 21:34|
|End of Day Share Price||2020/02/24 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.