Axfood AB (publ) Logo

Axfood AB (publ)

AXFO.ST

(3.5)
Stock Price

240,70 SEK

9.45% ROA

38.28% ROE

25.52x PER

Market Cap.

60.838.550.179,00 SEK

139.5% DER

3.02% Yield

2.9% NPM

Axfood AB (publ) Stock Analysis

Axfood AB (publ) Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Axfood AB (publ) Fundamental Stock Analysis
# Analysis Rating
1 ROE

The stock's ROE exceeds expectations (36.95%), revealing strong profitability and efficient use of shareholders' equity, making it an attractive investment opportunity.

2 Revenue Growth

With continuous growth in revenue over the last five years, this company has proven to be a lucrative investment option, showcasing its strong financial performance.

3 Net Profit Growth

With a track record of consistent net profit growth over the past five years, this company presents a compelling investment opportunity due to its strong financial performance.

4 Assets Growth

With a track record of consistent revenue growth in the past five years, this company presents a compelling opportunity.

5 Dividend Growth

With a history of consistent dividend increases over the last five years, the company has proven to be a reliable choice for investors seeking steady income.

6 Dividend

The company's consistent dividend payouts over the past five years exemplify its strong commitment to providing shareholders with reliable returns, making it an attractive investment option.

7 ROA

The stock's ROA (8.98%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

8 Buffet Intrinsic Value

Warren Buffett's formula suggests that the company's stock is undervalued (10.827), making it an appealing investment prospect with its intrinsic value surpassing the current market price.

9 PBV

The stock's elevated P/BV ratio (8.73x) raises concerns about its overvaluation, making it an imprudent choice for investors seeking value.

10 DER

The company has a high debt to equity ratio (165%), which means it owes a lot of money compared to what it actually owns, making it financially risky.

11 Graham Number

The Graham number analysis indicates that this company's stock price is likely overpriced, raising concerns about its investment potential.

Axfood AB (publ) Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Axfood AB (publ) Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Sell
4 Stoch RSI Sell

Axfood AB (publ) Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Axfood AB (publ) Revenue
Year Revenue Growth
1998 4.957.800.000
1999 5.337.800.000 7.12%
2000 30.230.000.000 82.34%
2001 32.428.000.000 6.78%
2002 33.115.000.000 2.07%
2003 33.616.000.000 1.49%
2004 33.826.000.000 0.62%
2005 28.086.000.000 -20.44%
2006 28.808.000.000 2.51%
2007 29.189.000.000 1.31%
2008 31.663.000.000 7.81%
2009 32.378.000.000 2.21%
2010 34.260.000.000 5.49%
2011 34.795.000.000 1.54%
2012 36.306.000.000 4.16%
2013 37.522.000.000 3.24%
2014 38.484.000.000 2.5%
2015 41.247.000.000 6.7%
2016 43.355.000.000 4.86%
2017 45.968.000.000 5.68%
2018 48.085.000.000 4.4%
2019 50.740.000.000 5.23%
2020 53.696.000.000 5.51%
2021 57.891.000.000 7.25%
2022 73.474.000.000 21.21%
2023 81.172.000.000 9.48%
2023 81.111.000.000 -0.08%
2024 84.176.000.000 3.64%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Axfood AB (publ) Research and Development Expenses
Year Research and Development Expenses Growth
1998 0
1999 0 0%
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Axfood AB (publ) General and Administrative Expenses
Year General and Administrative Expenses Growth
1998 127.900.000
1999 140.600.000 9.03%
2000 565.000.000 75.12%
2001 1.140.000.000 50.44%
2002 1.215.000.000 6.17%
2003 1.335.000.000 8.99%
2004 1.187.000.000 -12.47%
2005 1.158.000.000 -2.5%
2006 1.217.000.000 4.85%
2007 1.234.000.000 1.38%
2008 1.343.000.000 8.12%
2009 1.456.000.000 7.76%
2010 1.564.000.000 6.91%
2011 1.736.000.000 9.91%
2012 1.705.000.000 -1.82%
2013 1.837.000.000 7.19%
2014 1.816.000.000 -1.16%
2015 1.970.000.000 7.82%
2016 2.109.000.000 6.59%
2017 2.422.000.000 12.92%
2018 2.618.000.000 7.49%
2019 3.028.000.000 13.54%
2020 3.317.000.000 8.71%
2021 3.448.000.000 3.8%
2022 4.239.000.000 18.66%
2023 4.092.000.000 -3.59%
2023 4.625.000.000 11.52%
2024 5.184.000.000 10.78%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Axfood AB (publ) EBITDA
Year EBITDA Growth
1998 219.600.000
1999 231.700.000 5.22%
2000 471.000.000 50.81%
2001 6.000.000 -7750%
2002 -403.000.000 101.49%
2003 -482.000.000 16.39%
2004 998.000.000 148.3%
2005 1.504.000.000 33.64%
2006 1.648.000.000 8.74%
2007 1.554.000.000 -6.05%
2008 1.527.000.000 -1.77%
2009 1.646.000.000 7.23%
2010 1.745.000.000 5.67%
2011 1.822.000.000 4.23%
2012 1.785.000.000 -2.07%
2013 1.929.000.000 7.47%
2014 2.100.000.000 8.14%
2015 2.420.000.000 13.22%
2016 2.588.000.000 6.49%
2017 2.595.000.000 0.27%
2018 2.753.000.000 5.74%
2019 4.437.000.000 37.95%
2020 4.760.000.000 6.79%
2021 5.104.000.000 6.74%
2022 5.725.000.000 10.85%
2023 7.256.000.000 21.1%
2023 5.679.000.000 -27.77%
2024 6.632.000.000 14.37%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Axfood AB (publ) Gross Profit
Year Gross Profit Growth
1998 1.099.200.000
1999 1.189.500.000 7.59%
2000 2.571.000.000 53.73%
2001 4.003.000.000 35.77%
2002 4.503.000.000 11.1%
2003 4.667.000.000 3.51%
2004 4.078.000.000 -14.44%
2005 3.914.000.000 -4.19%
2006 4.048.000.000 3.31%
2007 4.070.000.000 0.54%
2008 4.250.000.000 4.24%
2009 4.466.000.000 4.84%
2010 4.673.000.000 4.43%
2011 4.918.000.000 4.98%
2012 4.890.000.000 -0.57%
2013 5.130.000.000 4.68%
2014 5.320.000.000 3.57%
2015 5.895.000.000 9.75%
2016 6.204.000.000 4.98%
2017 6.662.000.000 6.87%
2018 7.181.000.000 7.23%
2019 7.943.000.000 9.59%
2020 8.548.000.000 7.08%
2021 8.946.000.000 4.45%
2022 10.082.000.000 11.27%
2023 11.288.000.000 10.68%
2023 11.326.000.000 0.34%
2024 12.108.000.000 6.46%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Axfood AB (publ) Net Profit
Year Net Profit Growth
1998 116.600.000
1999 117.000.000 0.34%
2000 -34.000.000 444.12%
2001 328.000.000 110.37%
2002 625.000.000 47.52%
2003 684.000.000 8.63%
2004 664.000.000 -3.01%
2005 682.000.000 2.64%
2006 852.000.000 19.95%
2007 781.000.000 -9.09%
2008 737.000.000 -5.97%
2009 793.000.000 7.06%
2010 862.000.000 8%
2011 891.000.000 3.25%
2012 895.000.000 0.45%
2013 987.000.000 9.32%
2014 1.095.000.000 9.86%
2015 1.361.000.000 19.54%
2016 1.473.000.000 7.6%
2017 1.463.000.000 -0.68%
2018 1.553.000.000 5.8%
2019 1.648.000.000 5.76%
2020 1.908.000.000 13.63%
2021 2.150.000.000 11.26%
2022 2.360.000.000 8.9%
2023 2.916.000.000 19.07%
2023 2.357.000.000 -23.72%
2024 2.312.000.000 -1.95%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Axfood AB (publ) Earning per Share (EPS)
Year Earning per Share (EPS) Growth
1998 1
1999 1 0%
2000 0 0%
2001 2 100%
2002 3 50%
2003 3 33.33%
2004 4 0%
2005 3 0%
2006 4 0%
2007 4 0%
2008 3 0%
2009 4 0%
2010 4 25%
2011 4 0%
2012 4 0%
2013 5 0%
2014 21 80%
2015 6 -233.33%
2016 7 0%
2017 7 0%
2018 7 14.29%
2019 8 0%
2020 9 22.22%
2021 10 10%
2022 11 9.09%
2023 14 15.38%
2023 11 -30%
2024 11 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Axfood AB (publ) Free Cashflow
Year Free Cashflow Growth
1998 170.200.000
1999 164.800.000 -3.28%
2000 -279.000.000 159.07%
2001 676.000.000 141.27%
2002 675.000.000 -0.15%
2003 393.000.000 -71.76%
2004 961.000.000 59.11%
2005 564.000.000 -70.39%
2006 601.000.000 6.16%
2007 695.000.000 13.53%
2008 1.023.000.000 32.06%
2009 947.000.000 -8.03%
2010 580.000.000 -63.28%
2011 492.000.000 -17.89%
2012 1.196.000.000 58.86%
2013 883.000.000 -35.45%
2014 1.469.000.000 39.89%
2015 1.821.000.000 19.33%
2016 1.713.000.000 -6.3%
2017 1.769.000.000 3.17%
2018 1.862.000.000 4.99%
2019 2.076.000.000 10.31%
2020 3.823.000.000 45.7%
2021 2.765.000.000 -38.26%
2022 3.333.000.000 17.04%
2023 1.115.000.000 -198.92%
2023 3.861.000.000 71.12%
2024 639.000.000 -504.23%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Axfood AB (publ) Operating Cashflow
Year Operating Cashflow Growth
1998 170.200.000
1999 164.800.000 -3.28%
2000 445.000.000 62.97%
2001 1.046.000.000 57.46%
2002 1.104.000.000 5.25%
2003 1.026.000.000 -7.6%
2004 1.462.000.000 29.82%
2005 1.170.000.000 -24.96%
2006 1.160.000.000 -0.86%
2007 1.166.000.000 0.51%
2008 1.152.000.000 -1.22%
2009 1.558.000.000 26.06%
2010 1.365.000.000 -14.14%
2011 1.384.000.000 1.37%
2012 1.915.000.000 27.73%
2013 1.596.000.000 -19.99%
2014 2.029.000.000 21.34%
2015 2.495.000.000 18.68%
2016 2.241.000.000 -11.33%
2017 2.534.000.000 11.56%
2018 2.702.000.000 6.22%
2019 3.555.000.000 23.99%
2020 4.851.000.000 26.72%
2021 4.590.000.000 -5.69%
2022 5.927.000.000 22.56%
2023 1.423.000.000 -316.51%
2023 5.807.000.000 75.5%
2024 879.000.000 -560.64%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Axfood AB (publ) Capital Expenditure
Year Capital Expenditure Growth
1998 0
1999 0 0%
2000 724.000.000 100%
2001 370.000.000 -95.68%
2002 429.000.000 13.75%
2003 633.000.000 32.23%
2004 501.000.000 -26.35%
2005 606.000.000 17.33%
2006 559.000.000 -8.41%
2007 471.000.000 -18.68%
2008 129.000.000 -265.12%
2009 611.000.000 78.89%
2010 785.000.000 22.17%
2011 892.000.000 12%
2012 719.000.000 -24.06%
2013 713.000.000 -0.84%
2014 560.000.000 -27.32%
2015 674.000.000 16.91%
2016 528.000.000 -27.65%
2017 765.000.000 30.98%
2018 840.000.000 8.93%
2019 1.479.000.000 43.2%
2020 1.028.000.000 -43.87%
2021 1.825.000.000 43.67%
2022 2.594.000.000 29.65%
2023 308.000.000 -742.21%
2023 1.946.000.000 84.17%
2024 240.000.000 -710.83%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Axfood AB (publ) Equity
Year Equity Growth
1998 315.900.000
1999 367.900.000 14.13%
2000 1.001.000.000 63.25%
2001 1.208.000.000 17.14%
2002 1.812.000.000 33.33%
2003 2.249.000.000 19.43%
2004 2.632.000.000 14.55%
2005 2.944.000.000 10.6%
2006 2.420.000.000 -21.65%
2007 2.152.000.000 -12.45%
2008 2.259.000.000 4.74%
2009 2.635.000.000 14.27%
2010 2.972.000.000 11.34%
2011 3.237.000.000 8.19%
2012 3.502.000.000 7.57%
2013 3.802.000.000 7.89%
2014 4.065.000.000 6.47%
2015 4.531.000.000 10.28%
2016 4.118.000.000 -10.03%
2017 4.478.000.000 8.04%
2018 4.528.000.000 1.1%
2019 4.249.000.000 -6.57%
2020 4.563.000.000 6.88%
2021 5.176.000.000 11.84%
2022 6.901.000.000 25%
2023 7.185.000.000 3.95%
2023 6.651.000.000 -8.03%
2024 6.421.000.000 -3.58%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Axfood AB (publ) Assets
Year Assets Growth
1998 911.600.000
1999 1.044.100.000 12.69%
2000 7.585.000.000 86.23%
2001 7.767.000.000 2.34%
2002 7.355.000.000 -5.6%
2003 6.977.000.000 -5.42%
2004 7.042.000.000 0.92%
2005 7.569.000.000 6.96%
2006 6.075.000.000 -24.59%
2007 6.608.000.000 8.07%
2008 7.350.000.000 10.1%
2009 7.173.000.000 -2.47%
2010 7.664.000.000 6.41%
2011 8.278.000.000 7.42%
2012 8.798.000.000 5.91%
2013 8.929.000.000 1.47%
2014 9.692.000.000 7.87%
2015 10.537.000.000 8.02%
2016 10.539.000.000 0.02%
2017 11.469.000.000 8.11%
2018 12.244.000.000 6.33%
2019 17.293.000.000 29.2%
2020 18.814.000.000 8.08%
2021 23.731.000.000 20.72%
2022 28.618.000.000 17.08%
2023 30.018.000.000 4.66%
2023 29.361.000.000 -2.24%
2024 30.456.000.000 3.6%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Axfood AB (publ) Liabilities
Year Liabilities Growth
1998 595.700.000
1999 676.200.000 11.9%
2000 6.584.000.000 89.73%
2001 6.559.000.000 -0.38%
2002 5.543.000.000 -18.33%
2003 4.728.000.000 -17.24%
2004 4.410.000.000 -7.21%
2005 4.625.000.000 4.65%
2006 3.655.000.000 -26.54%
2007 4.456.000.000 17.98%
2008 5.091.000.000 12.47%
2009 4.538.000.000 -12.19%
2010 4.692.000.000 3.28%
2011 5.041.000.000 6.92%
2012 5.296.000.000 4.81%
2013 5.127.000.000 -3.3%
2014 5.627.000.000 8.89%
2015 6.006.000.000 6.31%
2016 6.421.000.000 6.46%
2017 6.991.000.000 8.15%
2018 7.716.000.000 9.4%
2019 13.044.000.000 40.85%
2020 14.251.000.000 8.47%
2021 18.555.000.000 23.2%
2022 21.717.000.000 14.56%
2023 22.832.000.000 4.88%
2023 22.710.000.000 -0.54%
2024 24.035.000.000 5.51%

Axfood AB (publ) Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
380.44
Net Income per Share
11.04
Price to Earning Ratio
25.52x
Price To Sales Ratio
0.74x
POCF Ratio
9.81
PFCF Ratio
12.71
Price to Book Ratio
9.99
EV to Sales
0.83
EV Over EBITDA
10.65
EV to Operating CashFlow
11.05
EV to FreeCashFlow
14.36
Earnings Yield
0.04
FreeCashFlow Yield
0.08
Market Cap
60,84 Bil.
Enterprise Value
68,72 Bil.
Graham Number
83.73
Graham NetNet
-89.91

Income Statement Metrics

Net Income per Share
11.04
Income Quality
2.1
ROE
0.38
Return On Assets
0.08
Return On Capital Employed
0.21
Net Income per EBT
0.77
EBT Per Ebit
0.95
Ebit per Revenue
0.04
Effective Tax Rate
0.22

Margins

Sales, General, & Administrative to Revenue
0.06
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.14
Operating Profit Margin
0.04
Pretax Profit Margin
0.04
Net Profit Margin
0.03

Dividends

Dividend Yield
0.03
Dividend Yield %
3.02
Payout Ratio
0.74
Dividend Per Share
8.5

Operating Metrics

Operating Cashflow per Share
28.71
Free CashFlow per Share
22.1
Capex to Operating CashFlow
0.23
Capex to Revenue
0.02
Capex to Depreciation
0.46
Return on Invested Capital
0.18
Return on Tangible Assets
0.09
Days Sales Outstanding
10.47
Days Payables Outstanding
39.51
Days of Inventory on Hand
22.28
Receivables Turnover
34.87
Payables Turnover
9.24
Inventory Turnover
16.38
Capex per Share
6.61

Balance Sheet

Cash per Share
2,97
Book Value per Share
29,66
Tangible Book Value per Share
5.78
Shareholders Equity per Share
28.22
Interest Debt per Share
40.8
Debt to Equity
1.39
Debt to Assets
0.28
Net Debt to EBITDA
1.22
Current Ratio
0.61
Tangible Asset Value
1,25 Bil.
Net Current Asset Value
-15,13 Bil.
Invested Capital
15087000000
Working Capital
-5,66 Bil.
Intangibles to Total Assets
0.17
Average Receivables
2,30 Bil.
Average Payables
7,88 Bil.
Average Inventory
4349500000
Debt to Market Cap
0.14

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Axfood AB (publ) Dividends
Year Dividends Growth
2000 3
2002 3 0%
2003 5 60%
2004 6 0%
2005 4 -25%
2006 6 20%
2007 8 28.57%
2008 12 41.67%
2009 8 -50%
2010 10 20%
2011 12 16.67%
2012 12 0%
2013 12 0%
2014 15 20%
2015 17 11.76%
2016 4 -325%
2017 6 33.33%
2018 7 14.29%
2019 7 0%
2020 7 0%
2021 8 0%
2022 8 0%
2023 8 12.5%
2024 9 0%

Axfood AB (publ) Profile

About Axfood AB (publ)

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 Willys, Hemköp, and Eurocash chains; and the online store, Mat.se. It is also involved in the e-commerce business; and provision of private label products. In addition, it offers home delivery of meal kits under the Middagsfrid name, as well as operates Urban Deli, a combined restaurant and market hall concept; and Apohem, an online pharmacy solution. The company serves restaurants, foodservice operators, and cafés; and retailer-owned stores, mini-marts, service stations, and other convenience retailers. It operates 65 Hemköp, 219 Willys, and 26 Snabbgross group-owned stores; and 133 Hemköp and 126 Tempo franchises. The company was founded in 1958 and is headquartered in Stockholm, Sweden. Axfood AB (publ) is a subsidiary of Axel Johnson AB.

CEO
Ms. Simone Margulies
Employee
13.000
Address
Norra Stationsgatan 80 C
Stockholm, 107 69

Axfood AB (publ) Executives & BODs

Axfood AB (publ) Executives & BODs
# Name Age
1 Mr. Anders Lexmon
Chief Financial Officer
70
2 Ms. Monica Langbo
Head of Human Resources
70
3 Ms. Eva Pettersson
Managing Director of Snabbgross
70
4 Ms. Simone Margulies
President & Chief Executive Officer
70
5 Catarina Forsgren
Head of Group Accounting
70
6 Mr. Alexander Bergendorf
Head of Investor Relations
70
7 Ms. Sara Kraft Westrell
Head of Corporate Communications
70
8 Ms. Åsa Domeij
Head of Sustainability
70
9 Mr. Nicholas Pettersson
Managing Director of Willys
70
10 Ms. Sandra Branstad
General Counsel & Company Secretary
70

Axfood AB (publ) Competitors

Castellum AB (publ) Logo
Castellum AB (publ)

CAST.ST

(1.5)
Tele2 AB (publ) Logo
Tele2 AB (publ)

TEL2-B.ST

(2.0)
Investor AB (publ) Logo
Investor AB (publ)

INVE-B.ST

(3.0)
Kinnevik AB Logo
Kinnevik AB

KINV-B.ST

(1.2)