Axfood AB (publ)

Consumer Defensive US AXFOF

NoneUSD
-(-%)

Last update at 2024-09-26T03:05:46.527796Z

Day Range

--
LowHigh

52 Week Range

27.6027.61
LowHigh

Fundamentals

  • Previous Close -
  • Market Cap7452.24M
  • VolumeNone
  • P/E Ratio23.80
  • Dividend Yield3.00%
  • EBITDA4404.00M
  • Revenue TTM80081.00M
  • Revenue Per Share TTM371.08
  • Gross Profit TTM 10082.00M
  • Diluted EPS TTM1.16

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 2935.00M 2582.00M 2394.00M 2173.00M 2016.00M
Minority interest -10.00000M 56.00M 232.00M 229.00M 224.00M
Net income 2360.00M 2150.00M 1908.00M 1648.00M 1553.00M
Selling general administrative 4239.00M 3448.00M 3317.00M 3028.00M 2618.00M
Selling and marketing expenses 3620.00M 3428.00M 3300.00M 3098.00M 2991.00M
Gross profit 10082.00M 8946.00M 8548.00M 7943.00M 7181.00M
Reconciled depreciation 2615.00M 2399.00M 2252.00M 2146.00M 724.00M
Ebit 3110.00M 2705.00M 2508.00M 2291.00M 2029.00M
Ebitda 5725.00M 5104.00M 4760.00M 4437.00M 2753.00M
Depreciation and amortization 2615.00M 2399.00M 2252.00M 2146.00M 724.00M
Non operating income net other - - - 0.00000M 0.00000M
Operating income 3101.00M 2704.00M 2510.00M 2288.00M 2025.00M
Other operating expenses 70309.00M 55141.00M 51148.00M 48427.00M 46043.00M
Interest expense 175.00M 123.00M 114.00M 118.00M 13.00M
Tax provision 565.00M 488.00M 531.00M 494.00M 439.00M
Interest income 7.00M 4.00M 6.00M 5.00M 4.00M
Net interest income -167.00000M -122.00000M -117.00000M -114.00000M -9.00000M
Extraordinary items - - - 0.00000M 0.00000M
Non recurring - - - 0.00000M 0.00000M
Other items - - - 0.00000M 0.00000M
Income tax expense 565.00M 488.00M 531.00M 494.00M 439.00M
Total revenue 73474.00M 57891.00M 53696.00M 50740.00M 48085.00M
Total operating expenses 6917.00M 6196.00M 6000.00M 5630.00M 5139.00M
Cost of revenue 63392.00M 48945.00M 45148.00M 42797.00M 40904.00M
Total other income expense net -166.00000M -122.00000M -116.00000M -115.00000M -9.00000M
Discontinued operations - - - 0.00000M 0.00000M
Net income from continuing ops 2370.00M 2094.00M 1863.00M 1679.00M 1577.00M
Net income applicable to common shares 2360.00M 2150.00M 1908.00M 1648.00M 1553.00M
Preferred stock and other adjustments - - - 0.00000M 0.00000M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 28618.00M 23731.00M 18814.00M 17293.00M 12244.00M
Intangible assets 1465.00M 1450.00M 750.00M 705.00M 682.00M
Earning assets - - - - -
Other current assets 55.00M 1.00M 1.00M -2.00000M 104.00M
Total liab 21717.00M 18555.00M 14251.00M 13044.00M 7716.00M
Total stockholder equity 6609.00M 4952.00M 4331.00M 4020.00M 4304.00M
Deferred long term liab - - - 0.00000M 0.00000M
Other current liab 3691.00M 3066.00M 2629.00M 2281.00M 2474.00M
Common stock 271.00M 262.00M 262.00M 262.00M 262.00M
Capital stock 271.00M 262.00M 262.00M 262.00M 262.00M
Retained earnings 4319.00M 4233.00M 3655.00M 3292.00M 3544.00M
Other liab 1586.00M 1640.00M 1490.00M 1423.00M 1293.00M
Good will 3526.00M 3846.00M 2769.00M 2767.00M 2767.00M
Other assets 271.00M 352.00M 258.00M 243.00M 147.00M
Cash 559.00M 734.00M -5708.00000M 798.00M 1571.00M
Cash and equivalents - - - - -
Total current liabilities 12743.00M 12059.00M 8237.00M 7490.00M 6362.00M
Current deferred revenue 3222.00M 2635.00M 2239.00M 2000.00M 2228.00M
Net debt 8691.00M 7270.00M 11416.00M 4710.00M -1458.00000M
Short term debt 1862.00M 3148.00M 1184.00M 1377.00M 52.00M
Short long term debt 200.00M 1600.00M - 0.00000M 0.00000M
Short long term debt total 9250.00M 8004.00M 5708.00M 5508.00M 113.00M
Other stockholder equity 2019.00M 457.00M 414.00M 466.00M 498.00M
Property plant equipment 14320.00M 10199.00M 8568.00M 8151.00M 2202.00M
Total current assets 8459.00M 7506.00M 6441.00M 5411.00M 6425.00M
Long term investments - - - 0.00000M 0.00000M
Net tangible assets 1619.00M -343.00000M 812.00M 548.00M 855.00M
Short term investments - - - 0.00000M 0.00000M
Net receivables 2144.00M 3236.00M 9478.00M 2228.00M 1877.00M
Long term debt - - - 0.00000M 0.00000M
Inventory 3839.00M 3136.00M 2670.00M 2387.00M 2340.00M
Accounts payable 7190.00M 5845.00M 4424.00M 3832.00M 3836.00M
Total permanent equity - - - 0.00000M 0.00000M
Noncontrolling interest in consolidated entity - - - 0.00000M 0.00000M
Temporary equity redeemable noncontrolling interests - - - 0.00000M 0.00000M
Accumulated other comprehensive income - - - 0.00000M 0.00000M
Additional paid in capital - - - 0.00000M 0.00000M
Common stock total equity - - - 0.00000M 0.00000M
Preferred stock total equity - - - 0.00000M 0.00000M
Retained earnings total equity - - - 0.00000M 0.00000M
Treasury stock - - - 0.00000M 0.00000M
Accumulated amortization - - - 0.00000M 0.00000M
Non currrent assets other 596.00M 384.00M 33.00M 23.00M 27.00M
Deferred long term asset charges - - - 0.00000M 0.00000M
Non current assets total 20159.00M 16225.00M 12373.00M 11882.00M 5819.00M
Capital lease obligations 9050.00M 6404.00M 5708.00M 5508.00M 113.00M
Long term debt total - - - 0.00000M 0.00000M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -2778.00000M -397.00000M -50.00000M -31.00000M -17.00000M
Change to liabilities 0.00000M 0.00000M 0.00000M 0.00000M 0.00000M
Total cashflows from investing activities -2778.00000M -3842.00000M -1080.00000M -1386.00000M -992.00000M
Net borrowings -3107.00000M 22.00M -1515.00000M -1419.00000M -1419.00000M
Total cash from financing activities -3324.00000M -1548.00000M -3036.00000M -2943.00000M -1515.00000M
Change to operating activities 2122.00M 556.00M 851.00M -110.00000M 613.00M
Net income 3101.00M 2704.00M 2510.00M 2288.00M 2025.00M
Change in cash -175.00000M -800.00000M 736.00M -773.00000M 195.00M
Begin period cash flow 734.00M 1534.00M 798.00M 1571.00M 1376.00M
End period cash flow 559.00M 734.00M 1534.00M 798.00M 1571.00M
Total cash from operating activities 5927.00M 4590.00M 4851.00M 3555.00M 2702.00M
Issuance of capital stock 1485.00M - - - -
Depreciation 2615.00M 2399.00M 2252.00M 2146.00M 724.00M
Other cashflows from investing activities -38.00000M 7.00M 3.00M 23.00M 2.00M
Dividends paid 1646.00M 1569.00M 1517.00M 1488.00M 1485.00M
Change to inventory -724.00000M -138.00000M -284.00000M -63.00000M -69.00000M
Change to account receivables -340.00000M -467.00000M -52.00000M -125.00000M -179.00000M
Sale purchase of stock -115.00000M -50.00000M -53.00000M -36.00000M -30.00000M
Other cashflows from financing activities -985.00000M 1949.00M 49.00M -1386.00000M -992.00000M
Change to netincome -71.00000M 90.00M 176.00M 59.00M 60.00M
Capital expenditures 2594.00M 1825.00M 1028.00M 1479.00M 840.00M
Change receivables - - - 0.00000M 0.00000M
Cash flows other operating - - - 0.00000M 0.00000M
Exchange rate changes - - - 0.00000M 0.00000M
Cash and cash equivalents changes - - - 0.00000M 0.00000M
Change in working capital 1058.00M -49.00000M 515.00M -298.00000M 365.00M
Stock based compensation - - - - -
Other non cash items -847.00000M -464.00000M -426.00000M -581.00000M -412.00000M
Free cash flow 3333.00M 2765.00M 3823.00M 2076.00M 1862.00M

Peer Comparison

Sector: Consumer Defensive Industry: Grocery Stores

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
AXFOF
Axfood AB (publ)
- -% - 23.80 - 0.09 8.08 0.08 1.10
SVNDY
Seven & i Holdings Co Ltd ADR
0.03 0.19% 15.47 21.78 15.04 0.0029 1.29 0.0044 0.06
SVNDF
Seven & i Holdings Co. Ltd.
- -% 15.35 20.75 14.75 0.0029 1.27 0.0044 0.06
KR
Kroger Company
0.10 0.15% 68.95 17.56 10.46 0.22 2.92 0.34 7.42
ADRNY
Koninklijke Ahold Delhaize NV ADR
0.41 0.99% 41.80 16.43 12.17 0.36 2.07 0.34 4.56

Reports Covered

Stock Research & News

Profile

Axfood AB (publ) engages in the food retail and wholesale businesses in Sweden. It operates through Willys, Hemköp, Dagab, and Snabbgross segments. The company sells groceries through Willys, Hemköp, Eurocash, and Mat.se store chains. 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 combination of restaurant and market hall; and Apohem, an online pharmacy. The company serves restaurants, fastfood operators, and cafés; and retailer-owned stores, mini-marts, service stations, and other convenience retailers. Axfood AB (publ) was founded in 1958 and is headquartered in Stockholm, Sweden. Axfood AB (publ) is a subsidiary of Axel Johnson AB.

Axfood AB (publ)

SolnavAegen 4, Stockholm, Sweden, 113 65

Key Executives

Name Title Year Born
Mr. Klas Balkow Pres & CEO 1965
Mr. Anders Lexmon Chief Financial Officer 1968
Catarina Forsgren Head of Group Accounting NA
Mr. Alexander Bergendorf Head of Investor Relations NA
Ms. Sandra Branstad Gen. Counsel & Company Sec. 1975
Ms. Sara Kraft Westrell Head of Corp. Communications 1974
Ms. Monica Langbo Head of HR 1963
Mr. Lars-Åke Johansson Head of Structure & Establishment NA
Mr. Bengt Andersson Head of Retail Trade Devel. NA
Ms. Åsa Domeij Head of Sustainability 1962

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