Axfood AB (publ) (AXFOF)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Axfood AB (publ) (AXFOF) trades at $28.00 with AI Score 48/100 (Grade C). Axfood AB (publ) is a Swedish food retail and wholesale company operating through various store chains and segments. Market cap: $6.05B, Sector: Consumer defensive.
Price live · AI analysis from Mar 16, 2026Analyst Coverage for AXFOF: AXFOF does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates AXFOF against Consumer Defensive peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
AXFOF: the 1 perspectives are evenly split.
How is this calculated? →Axfood AB (publ) (AXFOF) Consumer Business Overview
Axfood AB (publ) is a Swedish food retail and wholesale company with a diverse portfolio of store chains like Willys and Hemköp, focusing on groceries, e-commerce, and private label products. Operating primarily in Sweden, Axfood serves a broad customer base, positioning itself as a key player in the competitive grocery market.
What Is the Investment Thesis for AXFOF?
Axfood AB (AXFOF) presents a stable investment opportunity within the consumer defensive sector, characterized by its established presence in the Swedish grocery market. With a market capitalization of $6.05B and a dividend yield of 2.66%, AXFOF offers potential for income generation. The company's diverse store portfolio, including Willys and Hemköp, caters to a wide range of consumer preferences. Growth catalysts include the expansion of its e-commerce platform and private label offerings. However, a profit margin of 2.6% and a P/E ratio of 23.7 indicate potential valuation concerns. Key value drivers include efficient supply chain management through Dagab and continued expansion of its store network. Investors should monitor competitive pressures and macroeconomic factors impacting consumer spending.
Based on FMP financials and quantitative analysis
AXFOF Key Highlights
- Market Cap of $6.05B indicates a significant presence in the Swedish grocery market.
- P/E ratio of 23.7 suggests a premium valuation compared to some peers.
- Profit Margin of 2.6% reflects the competitive nature of the grocery retail industry.
- Gross Margin of 14.7% demonstrates Axfood's ability to manage cost of goods sold.
- Dividend Yield of 2.66% provides an income stream for investors.
Who Are AXFOF's Competitors?
AXFOF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| BMBRF BIM Birlesik Magazalar A.S. | $11.50 | +100.00% | $13.64B | 51 |
| CFEIY China Feihe Limited | $4.39 | +0.00% | $3.98B | 50 |
| CPOUF Charoen Pokphand Foods Public Company Limited | $0.75 | +7.14% | $5.70B | 44 |
| CUYTF Etn. Fr. Colruyt NV | $37.68 | +0.00% | $4.49B | 48 |
| CUYTY Etn. Fr. Colruyt NV | $10.08 | -3.91% | $4.79B | 43 |
| KR The Kroger Co. | $57.81 | -0.70% | $35.42B | 56 |
| VLGEA Village Super Market, Inc. | $42.87 | +1.25% | $634.86M | 55 |
| GO Grocery Outlet Holding Corp. | $10.30 | -0.87% | $1.02B | 53 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are AXFOF's Key Strengths?
- Strong brand reputation in the Swedish market.
- Extensive store network across various formats.
- Efficient distribution and logistics infrastructure.
- Growing e-commerce presence.
What Are AXFOF's Weaknesses?
- Relatively low profit margin compared to some competitors.
- Limited geographic diversification outside of Sweden.
- Dependence on consumer spending patterns.
- Exposure to fluctuations in food prices.
What Could Drive AXFOF Stock Higher?
- Expansion of e-commerce platform to increase online sales and market share.
- Development and launch of new private label products to improve margins and customer loyalty.
- Optimization of store network through new store openings and renovations.
- Potential strategic partnerships or acquisitions to expand market reach.
- Implementation of sustainability initiatives to attract environmentally conscious consumers.
What Are the Key Risks for AXFOF?
- Intense competition from other grocery retailers in Sweden.
- Economic downturns impacting consumer spending and grocery sales.
- Fluctuations in food prices affecting profitability.
- Regulatory changes impacting the food industry.
- Limited geographic diversification outside of Sweden.
What Are the Growth Opportunities for AXFOF?
- Expansion of E-commerce Platform: Axfood has the opportunity to further expand its e-commerce platform, Mat.se, to capture a larger share of the online grocery market. The online grocery market is experiencing rapid growth, driven by changing consumer habits and technological advancements. By investing in its online infrastructure, enhancing its delivery capabilities, and offering personalized shopping experiences, Axfood can attract new customers and increase its online sales. This expansion aligns with the growing trend of online shopping and provides a convenient option for consumers. This is an ongoing opportunity with continuous investment and innovation.
- Development of Private Label Products: Axfood can drive growth by further developing its private label product offerings. Private label products typically offer higher margins compared to branded products, contributing to increased profitability. By expanding its range of private label products across various categories, Axfood can cater to price-sensitive consumers and enhance customer loyalty. This strategy allows Axfood to differentiate itself from competitors and strengthen its brand image. This is an ongoing opportunity with continuous product development and marketing efforts.
- Store Network Optimization: Axfood can optimize its store network by strategically opening new stores in underserved areas and renovating existing stores to enhance the shopping experience. By carefully analyzing market demographics and consumer preferences, Axfood can identify locations with high growth potential. Renovating existing stores with modern layouts, improved product displays, and enhanced services can attract more customers and increase sales. This is an ongoing opportunity with continuous evaluation and strategic planning.
- Strategic Partnerships and Acquisitions: Axfood can pursue strategic partnerships and acquisitions to expand its market reach and enhance its capabilities. Partnering with complementary businesses, such as meal kit providers or delivery services, can broaden Axfood's offerings and attract new customers. Acquiring smaller grocery retailers or specialized food businesses can provide access to new markets and technologies. These partnerships and acquisitions can accelerate Axfood's growth and strengthen its competitive position. This is an ongoing opportunity dependent on market conditions and strategic alignment.
- Sustainability Initiatives: Axfood can capitalize on the growing consumer demand for sustainable and ethically sourced products by implementing comprehensive sustainability initiatives. By focusing on reducing its environmental footprint, promoting responsible sourcing practices, and offering eco-friendly products, Axfood can attract environmentally conscious consumers and enhance its brand reputation. This includes reducing food waste, using renewable energy, and supporting local farmers. This is an ongoing opportunity with continuous improvement and commitment to environmental stewardship.
What Opportunities Does AXFOF Have?
- Expansion of e-commerce and online grocery services.
- Development of private label products.
- Strategic partnerships and acquisitions.
- Increased focus on sustainability and ethical sourcing.
What Threats Does AXFOF Face?
- Intense competition from other grocery retailers.
- Changing consumer preferences and shopping habits.
- Economic downturns impacting consumer spending.
- Regulatory changes affecting the food industry.
What Are AXFOF's Competitive Advantages?
- Established brand recognition and customer loyalty in Sweden.
- Extensive network of owned and franchised stores.
- Efficient supply chain management through Dagab.
- Growing e-commerce platform with online grocery services.
What Does AXFOF Do?
Founded in 1958 and headquartered in Stockholm, Sweden, Axfood AB (publ) has evolved into a prominent player in the Swedish food retail and wholesale market. The company operates through its various segments, including Willys, Hemköp, Dagab, and Snabbgross. Axfood's core business involves selling groceries through its well-known store chains such as Willys, Hemköp, Eurocash, and Mat.se. Beyond traditional retail, Axfood has embraced e-commerce, offering online grocery shopping and home delivery services. The company also develops and sells private label products, enhancing its profitability and brand recognition. Axfood caters to a diverse customer base, including individual consumers, restaurants, fast-food operators, cafés, retailer-owned stores, mini-marts, service stations, and other convenience retailers. As of December 31, 2021, Axfood owned and operated 63 Hemköp stores, 226 Willys stores, and 27 Snabbgross stores, along with 134 franchised Hemköp stores and 130 Tempo stores. Axfood AB (publ) operates as a subsidiary of Axel Johnson AB.
What Products and Services Does AXFOF Offer?
- Operates grocery store chains under the Willys, Hemköp, Eurocash, and Mat.se brands.
- Engages in food retail and wholesale businesses in Sweden.
- Offers e-commerce services for online grocery shopping.
- Develops and sells private label products.
- Provides home delivery of meal kits under the Middagsfrid name.
- Operates Urban Deli, a combination of restaurant and market hall.
- Runs Apohem, an online pharmacy.
- Serves restaurants, fast-food operators, and cafés.
How Does AXFOF Make Money?
- Retail sales through owned and franchised grocery stores.
- Wholesale distribution to restaurants, retailers, and other businesses.
- E-commerce operations through Mat.se and other online platforms.
- Private label product development and sales.
What Industry Does AXFOF Operate In?
Axfood AB operates within the competitive grocery store industry in Sweden. The industry is characterized by evolving consumer preferences, the rise of e-commerce, and increasing demand for private label products. Axfood competes with other major grocery retailers such as BMBRF (BAMA Gruppen AS) and CFEIY (Carrefour SA), navigating a landscape where efficiency and customer loyalty are critical. The Swedish grocery market is influenced by trends such as sustainability, health-conscious eating, and convenience, requiring companies like Axfood to adapt their offerings and strategies.
Who Are AXFOF's Key Customers?
- Individual consumers shopping for groceries.
- Restaurants, fast-food operators, and cafés.
- Retailer-owned stores, mini-marts, and service stations.
- Other convenience retailers.
Company Profile
Axfood AB (publ) operates in the Grocery Stores industry within the Consumer Defensive sector. It is headquartered in Stockholm, SE. The company is led by CEO Simone Margulies. AXFOF has traded publicly since 2012.
Axfood AB (publ) Financial Trajectory
Axfood AB (publ) (AXFOF) reported $21.59B in revenue for Q1 2026, a decline of 5.4% compared to the prior quarter. The company recorded net income of $523.0M, with diluted EPS of $2.41. Quarter-over-quarter revenue has been mixed, typical for a mid-cap company operating in Consumer Defensive. Across the four most recent quarters, AXFOF averaged $2.77 in diluted EPS.
How Axfood AB (publ) Is Valued
Axfood AB (publ) carries a market capitalization of $6.05B, placing it in the mid-cap category. Relative to its peer group, AXFOF's quantitative score of 48/100 is roughly in line with the peer average of 47/100.
ROE 36%Key Financial Metrics
Return on equity for Axfood AB (publ) stands at 36.0%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 6.5%, showing how much profit it generates from its asset base. AXFOF trades at a trailing price-to-earnings ratio of 23.66, below the Consumer Defensive sector average of ~29x. Its free cash flow yield is 8.5%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.60 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is 4.2%, the inverse of the P/E and a quick read on earnings relative to price.
F-Score 7/9Financial Health
Axfood AB (publ)'s Piotroski F-Score is 7/9, a 9-point checklist of profitability, leverage and efficiency — signaling solid underlying fundamentals. Its Altman Z-Score of 3.66 places it in the safe zone, indicating low near-term bankruptcy risk.
FY2026 estForward Outlook
Wall Street analysts project Axfood AB (publ) revenue of about $91.80B for fiscal 2026, with EPS near $12.31. The estimate reflects 7 contributing analysts.
AXFOF Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Recent insider buying suggests confidence in Axfood's future performance, indicating that management believes the company is undervalued.
- Community sentiment has shown a positive shift, with many investors expressing optimism about the company's growth potential in the food retail sector.
- Axfood's strong market position in Sweden and its focus on sustainability resonate well with current consumer trends, enhancing its brand loyalty.
- Recent developments in supply chain efficiency have been noted, which could lead to improved margins and profitability in the coming quarters.
Bear Case
- Concerns over rising operational costs are prevalent, as inflationary pressures could impact profit margins and consumer spending.
- Some community members express skepticism about Axfood's ability to compete with larger players in the grocery sector, fearing market share erosion.
- Recent quarterly performance reports have raised questions about sales growth, leading to a cautious outlook among some investors.
- The overall economic climate remains uncertain, with potential headwinds from changing consumer behavior and economic conditions influencing market sentiment.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · April 2026
Recent Quarterly Results
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $21.59B | $523M | $2.41 |
| Q4 2025 | $22.83B | $561M | $2.59 |
| Q3 2025 | $22.13B | $708M | $3.27 |
| Q2 2025 | $23.00B | $614M | $2.83 |
Based on FMP financials and quantitative analysis
AXFOF Latest News
No recent news available for AXFOF.
AXFOF Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for AXFOF.
Price Targets
Wall Street price target analysis for AXFOF.
AXFOF MoonshotScore
What does this score mean?
The MoonshotScore rates AXFOF's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Classification
Industry Grocery StoresLeadership: Simone Margulies
CEO
Simone Margulies is the CEO of Axfood AB (publ). Information regarding her detailed career history, education, and previous roles is not available in the provided context. However, as the CEO, she is responsible for the overall strategic direction and operational performance of the company. Her leadership is crucial in navigating the competitive grocery retail market in Sweden and driving Axfood's growth initiatives.
Track Record: Specific achievements and strategic decisions made by Simone Margulies during her tenure as CEO are not detailed in the provided context. However, her leadership is essential for maintaining Axfood's market position, driving innovation in e-commerce, and ensuring efficient operations across the company's various segments. Her performance is reflected in Axfood's financial results and its ability to adapt to changing consumer preferences.
AXFOF OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, indicating that Axfood AB (AXFOF) may not meet the minimum financial standards or disclosure requirements of higher tiers like OTCQX or OTCQB. Companies in this tier may have limited information available to investors, potentially increasing investment risk compared to companies listed on major exchanges like the NYSE or NASDAQ. This tier often includes companies with distressed financials, early-stage ventures, or those choosing not to comply with stricter reporting standards. Investors should exercise caution and conduct thorough due diligence before investing in OTC Other securities.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited liquidity and potential for price volatility due to low trading volumes.
- Lack of comprehensive financial disclosure, making it difficult to assess the company's financial health.
- Potential for fraud or manipulation due to less stringent regulatory oversight.
- Higher bid-ask spreads, increasing transaction costs for investors.
- OTC Other status indicates the company may not meet minimum financial standards.
- Verify the company's financial statements and audit reports.
- Research the company's management team and their track record.
- Assess the company's business model and competitive landscape.
- Understand the risks associated with investing in OTC securities.
- Check for any regulatory filings or legal proceedings involving the company.
- Consult with a financial advisor before making any investment decisions.
- Confirm the accuracy of information from independent sources.
- Axfood AB is a subsidiary of Axel Johnson AB, a reputable Swedish investment company.
- The company has a long operating history, founded in 1958.
- Axfood operates well-known grocery store chains in Sweden, such as Willys and Hemköp.
- The company has a significant market capitalization, indicating a substantial business.
Common Questions About AXFOF (Consumer Defensive)
What does Axfood AB (publ) do?
Axfood AB (publ) is a Swedish food retail and wholesale company that operates a variety of grocery store chains, including Willys, Hemköp, Eurocash, and Mat.se. The company focuses on providing groceries, private label products, and e-commerce solutions to a wide range of customers, from individual consumers to restaurants and retailers. Axfood also offers home delivery of meal kits and operates Urban Deli, a combination of restaurant and market hall, and Apohem, an online pharmacy. The company's business model encompasses both retail sales through its stores and wholesale distribution to various businesses.
What are the main risks for AXFOF?
Axfood faces several risks inherent to the grocery retail industry. Intense competition from other established players could pressure margins. Economic downturns could reduce consumer spending on groceries, impacting sales. Fluctuations in food prices can affect profitability and require effective cost management. Regulatory changes in the food industry could impose additional compliance costs. Axfood's limited geographic diversification, primarily operating in Sweden, exposes it to regional economic and market-specific risks.
How does Axfood AB (publ) manage its supply chain?
Axfood AB (publ) manages its supply chain through Dagab, a subsidiary responsible for sourcing, logistics, and distribution. Dagab ensures efficient delivery of products to Axfood's various store chains and wholesale customers. This centralized supply chain management allows Axfood to optimize inventory levels, reduce costs, and maintain product quality. Dagab's infrastructure and expertise are critical to Axfood's ability to compete effectively in the grocery market and meet the demands of its diverse customer base. Efficient supply chain management is a key component of Axfood's operational strategy.
What is AXFOF's dividend and shareholder return track record?
Axfood AB (publ) currently offers a dividend yield of 2.66%. Information regarding the company's historical dividend growth, payout ratio, and share buyback programs is not available in the provided context. Investors seeking income should research Axfood's dividend history and policies to assess its commitment to shareholder returns. Factors to consider include the company's earnings stability, cash flow generation, and capital allocation priorities. A consistent dividend payout history can be an indicator of financial strength and stability.
What are the key factors to evaluate for AXFOF?
Axfood AB (publ) (AXFOF) holds an AI score of 48/100 (low). P/E: 23.7x vs the S&P 500's ~20-25x. Not financial advice.
How frequently does AXFOF data refresh on this page?
AXFOF prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven AXFOF's recent stock price performance?
Axfood AB (publ) (AXFOF) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Strong brand reputation in the Swedish market. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider AXFOF overvalued or undervalued right now?
Axfood AB (publ) (AXFOF) trades at 23.7x earnings. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Limited information available on CEO track record and analyst ratings.
- OTC market investments carry additional risks.