Axfood AB (publ) engages in the food retail and wholesale businesses in Sweden. More Details
AXFO passed our risk checks.
Solid track record with excellent balance sheet and pays a dividend.
Share Price & News
How has Axfood's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AXFO is less volatile than 75% of Swedish stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: AXFO's weekly volatility (2%) has been stable over the past year.
7 Day Return
SE Consumer Retailing
1 Year Return
SE Consumer Retailing
Return vs Industry: AXFO exceeded the Swedish Consumer Retailing industry which returned 9.3% over the past year.
Return vs Market: AXFO underperformed the Swedish Market which returned 42.5% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Axfood's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StAxfood AB (publ)'s (STO:AXFO) Intrinsic Value Is Potentially 57% Above Its Share Price
3 weeks ago | Simply Wall StAxfood (STO:AXFO) Is Increasing Its Dividend To kr3.75
1 month ago | Simply Wall StDid You Participate In Any Of Axfood's (STO:AXFO) Respectable 83% Return?
Is Axfood undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: AXFO (SEK232.3) is trading below our estimate of fair value (SEK383.91)
Significantly Below Fair Value: AXFO is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: AXFO is poor value based on its PE Ratio (24.8x) compared to the European Consumer Retailing industry average (20.8x).
PE vs Market: AXFO is poor value based on its PE Ratio (24.8x) compared to the Swedish market (23.4x).
Price to Earnings Growth Ratio
PEG Ratio: AXFO is poor value based on its PEG Ratio (10.7x)
Price to Book Ratio
PB vs Industry: AXFO is overvalued based on its PB Ratio (15x) compared to the XE Consumer Retailing industry average (2.1x).
How is Axfood forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AXFO's forecast earnings growth (2.3% per year) is above the savings rate (0.3%).
Earnings vs Market: AXFO's earnings (2.3% per year) are forecast to grow slower than the Swedish market (3.5% per year).
High Growth Earnings: AXFO's earnings are forecast to grow, but not significantly.
Revenue vs Market: AXFO's revenue (3.1% per year) is forecast to grow slower than the Swedish market (6.8% per year).
High Growth Revenue: AXFO's revenue (3.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: AXFO's Return on Equity is forecast to be high in 3 years time (39.3%)
How has Axfood performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AXFO has high quality earnings.
Growing Profit Margin: AXFO's current net profit margins (3.6%) are higher than last year (3.3%).
Past Earnings Growth Analysis
Earnings Trend: AXFO's earnings have grown by 5.6% per year over the past 5 years.
Accelerating Growth: AXFO's earnings growth over the past year (15.3%) exceeds its 5-year average (5.6% per year).
Earnings vs Industry: AXFO earnings growth over the past year (15.3%) underperformed the Consumer Retailing industry 15.6%.
Return on Equity
High ROE: AXFO's Return on Equity (54.7%) is considered outstanding.
How is Axfood's financial position?
Financial Position Analysis
Short Term Liabilities: AXFO's short term assets (SEK6.2B) do not cover its short term liabilities (SEK9.6B).
Long Term Liabilities: AXFO's short term assets (SEK6.2B) exceed its long term liabilities (SEK5.8B).
Debt to Equity History and Analysis
Debt Level: AXFO's debt to equity ratio (11.6%) is considered satisfactory.
Reducing Debt: AXFO's debt to equity ratio has reduced from 14.5% to 11.6% over the past 5 years.
Debt Coverage: AXFO's debt is well covered by operating cash flow (1163.7%).
Interest Coverage: AXFO's interest payments on its debt are well covered by EBIT (24.9x coverage).
What is Axfood current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: AXFO's dividend (3.23%) is higher than the bottom 25% of dividend payers in the Swedish market (1.15%).
High Dividend: AXFO's dividend (3.23%) is low compared to the top 25% of dividend payers in the Swedish market (3.53%).
Stability and Growth of Payments
Stable Dividend: AXFO's dividends per share have been stable in the past 10 years.
Growing Dividend: AXFO's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (80.2%), AXFO's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: AXFO's dividends in 3 years are forecast to be covered by earnings (81.1% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Klas Balkow (56 yo)
Mr. Klas Balkow has been Chief Executive Officer and President at Axfood AB since March 2017. Mr. Balkow served as Advisor of Clas Ohlson AB (publ) until March 16, 2017. Mr. Balkow served as the Chief Exec...
Experienced Management: AXFO's management team is considered experienced (2.9 years average tenure).
Experienced Board: AXFO's board of directors are considered experienced (5.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: AXFO insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Axfood AB (publ)'s company bio, employee growth, exchange listings and data sources
- Name: Axfood AB (publ)
- Ticker: AXFO
- Exchange: OM
- Founded: 1958
- Industry: Food Retail
- Sector: Consumer Retailing
- Market Cap: kr48.618b
- Shares outstanding: 209.20m
- Website: https://www.axfood.se
Number of Employees
- Axfood AB (publ)
- Norra Stationsgatan 80 C
- Stockholm County
- 107 69
Axfood AB (publ) engages in the food retail and wholesale businesses in Sweden. It operates through Willys, Hemköp, Dagab, and Axfood Snabbgross segments. The company operates its retail business through W...
Company Analysis and Financial Data Status
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|Company Analysis||2021/06/24 23:06|
|End of Day Share Price||2021/06/24 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.