Axfood AB (publ) (AXFOY)
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) (AXFOY) trades at $27.24 with AI Score 46/100 (Grade C). Axfood AB (publ) is a Swedish food retail and wholesale company operating through multiple store chains and e-commerce platforms. Market cap: $5.88B, Sector: Consumer defensive.
Price live · AI analysis from Mar 16, 2026Analyst Coverage for AXFOY: AXFOY 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 AXFOY against Consumer Defensive peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
AXFOY: the 1 perspectives are evenly split.
How is this calculated? →Axfood AB (publ) (AXFOY) 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, alongside e-commerce operations. It distinguishes itself through private label products and a focus on serving various customer segments, including restaurants and convenience stores, within the competitive Swedish grocery market.
What Is the Investment Thesis for AXFOY?
Axfood AB presents a stable investment opportunity within the consumer defensive sector, driven by its established market position in Sweden and diverse retail formats. With a Return on Equity (ROE) of 31.2%, Axfood demonstrates efficient capital utilization. However, a high Debt-to-Equity ratio of 196.68 warrants careful monitoring. The company's focus on private label products and e-commerce initiatives could drive future growth. The absence of a dividend yield may deter some investors. Key catalysts include expansion of e-commerce and private label offerings. Potential risks include increased competition and supply chain disruptions.
Based on FMP financials and quantitative analysis
AXFOY Key Highlights
- Market Cap of $5.88B reflects Axfood's significant presence in the Swedish grocery market.
- Profit Margin of 2.6% indicates moderate profitability within the competitive grocery sector.
- Gross Margin of 14.7% demonstrates the company's ability to manage cost of goods sold.
- Return on Equity (ROE) of 31.2% showcases efficient utilization of shareholder equity.
- Debt-to-Equity ratio of 196.68 suggests high leverage, requiring careful monitoring of debt management.
Who Are AXFOY's Competitors?
AXFOY is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| ICAGY International Consolidated Airlines Group S.A. | $12.96 | +1.77% | $28.71B | 42 |
| 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 |
| WOLWF Woolworths Group Limited | $30.16 | +0.00% | $36.84B | 52 |
| TSCDY Tesco PLC | $18.56 | -3.06% | $38.61B | 46 |
| DFIHY DFI Retail Group Holdings Limited | $19.55 | -4.63% | $5.29B | 46 |
| DNOPY Dino Polska S.A. | $7.41 | -2.50% | $7.26B | 46 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are AXFOY's Key Strengths?
- Strong brand recognition in the Swedish market.
- Diverse portfolio of store formats.
- Well-established distribution network.
- Growing e-commerce presence.
What Are AXFOY's Weaknesses?
- High Debt-to-Equity ratio.
- Moderate profit margin compared to some competitors.
- Limited international presence.
- Dependence on the Swedish market.
What Could Drive AXFOY Stock Higher?
- Expansion of e-commerce platform to reach a wider customer base.
- Development and launch of new private label products to increase profitability.
- Implementation of sustainability initiatives to attract environmentally conscious consumers.
What Are the Key Risks for AXFOY?
- Increased competition from established grocery retailers and new entrants.
- Supply chain disruptions due to global events or economic factors.
- Changes in consumer preferences and shopping habits.
- High Debt-to-Equity ratio requiring careful monitoring.
What Are the Growth Opportunities for AXFOY?
- Expansion of E-commerce Platform: Axfood can capitalize on the growing trend of online grocery shopping by further developing its e-commerce platform. Investing in user experience, delivery infrastructure, and personalized recommendations could attract new customers and increase online sales. The Swedish e-commerce market is projected to continue growing, presenting a significant opportunity for Axfood to expand its digital footprint. Timeline: Ongoing.
- Private Label Product Development: Axfood has the opportunity to increase profitability and customer loyalty by expanding its range of private label products. Offering high-quality alternatives at competitive prices can attract price-sensitive consumers and improve margins. Focusing on organic and sustainable options within the private label range could further enhance its appeal. Market size: Growing demand for value-driven options. Timeline: Ongoing.
- Strategic Acquisitions: Axfood can explore strategic acquisitions to expand its market share and geographic reach within Sweden. Acquiring smaller regional grocery chains or specialized food retailers could provide access to new customer segments and distribution networks. Careful due diligence and integration are crucial for successful acquisitions. Timeline: Potential within 1-3 years.
- Supply Chain Optimization: Investing in supply chain optimization can improve efficiency, reduce costs, and enhance product availability. Implementing advanced technologies for inventory management, demand forecasting, and logistics can streamline operations and minimize waste. A robust and efficient supply chain is essential for maintaining competitiveness in the grocery industry. Timeline: Ongoing.
- Sustainability Initiatives: Axfood can strengthen its brand image and attract environmentally conscious consumers by implementing sustainability initiatives. Reducing food waste, sourcing sustainable products, and promoting eco-friendly packaging can resonate with a growing segment of the population. Communicating these efforts transparently can enhance brand loyalty and attract new customers. Timeline: Ongoing.
What Opportunities Does AXFOY Have?
- Expansion of e-commerce operations.
- Growth of private label product sales.
- Strategic acquisitions of smaller retailers.
- Increased focus on sustainability initiatives.
What Threats Does AXFOY Face?
- Intense competition from other grocery retailers.
- Potential supply chain disruptions.
- Changes in consumer preferences.
- Economic downturn affecting consumer spending.
What Are AXFOY's Competitive Advantages?
- Established brand recognition and customer loyalty in Sweden.
- Extensive network of retail stores and distribution centers.
- Strong relationships with suppliers and producers.
- Diverse portfolio of store formats catering to different customer segments.
What Does AXFOY Do?
Axfood AB (publ), incorporated in 1997 and headquartered in Stockholm, Sweden, is a prominent player in the Swedish food retail and wholesale industry. Operating as a subsidiary of Axretail AB, Axfood has established a significant presence through its five main segments: Willys, Hemköp, City Gross, Snabbgross, and Dagab. These segments cater to a wide range of customer needs, from budget-conscious consumers to restaurant owners. Axfood's retail operations are primarily conducted through well-known store chains such as Willys, Hemköp, City Gross, and Tempo. Willys focuses on offering low prices, while Hemköp provides a more traditional grocery shopping experience. City Gross combines groceries with department store offerings. Tempo is a mini-mart format. Snabbgross serves professional customers like restaurants and caterers. The company also operates online retail pharmacy Apohem and Urban Deli, a combination of restaurant, store, and market hall. In addition to its retail chains, Axfood is involved in e-commerce, expanding its reach to online shoppers. Axfood also develops and sells private label products, offering customers value and variety. Through its Dagab segment, Axfood provides wholesale services to its retailer-owned stores and other convenience retailers, solidifying its position as a comprehensive food provider in the Swedish market.
What Products and Services Does AXFOY Offer?
- Operates grocery retail chains under brands like Willys, Hemköp, and City Gross.
- Engages in wholesale distribution of food products through its Dagab segment.
- Offers e-commerce platforms for online grocery shopping.
- Develops and sells private label products.
- Serves restaurants, fast food operators, and cafes through Snabbgross.
- Operates Urban Deli, a combination of restaurant, store, and market hall.
- Runs Apohem, an online retail pharmacy.
How Does AXFOY Make Money?
- Retail sales of groceries and related products through its store chains.
- Wholesale distribution to independent retailers and foodservice operators.
- E-commerce sales through online platforms.
- Revenue from private label products.
What Industry Does AXFOY Operate In?
Axfood operates within the Swedish grocery retail market, a segment characterized by stable demand and moderate growth. The industry is competitive, with players like ICA Gruppen (ICAGY) and Coop vying for market share. Trends include increasing demand for online grocery shopping, a focus on sustainable and locally sourced products, and the growth of private label brands. Axfood's multi-format strategy, encompassing budget-friendly and premium options, positions it to capture a broad range of consumer preferences within this evolving landscape.
Who Are AXFOY's Key Customers?
- Individual consumers shopping for groceries.
- Restaurants, cafes, and fast-food operators.
- Independent retailers and convenience stores.
- Online shoppers seeking grocery delivery.
Axfood AB (publ) (AXFOY) Valuation Context
Valued at $5.88B, AXFOY is classified as a mid-cap stock. Relative to its peer group, AXFOY's quantitative score of 46/100 is roughly in line with the peer average of 52/100.
AXFOY Revenue & Earnings Trend
In Q1 2026, AXFOY generated $21.59B in top-line revenue, marking a sequential decrease of 5.4%. 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, AXFOY averaged $2.77 in diluted EPS.
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. AXFOY has traded publicly since 2013.
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. AXFOY trades at a trailing price-to-earnings ratio of 24.13, below the Consumer Defensive sector average of ~29x. Its free cash flow yield is 8.4%, 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 4.1%, 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 3.62 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 $94.95B for fiscal 2026, with EPS near $12.70. The estimate reflects 7 contributing analysts.
AXFOY Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Axfood's recent insider buying suggests strong confidence from within, signaling potential undervaluation. The community sentiment leans bullish, possibly driven by positive news or strategic initiatives. Market perception sees Axfood as a stable player in the consumer staples sector, offering downside protection. Axfood's focus on sustainable and ethical sourcing resonates well with increasingly conscious consumers, boosting brand image.
Bear Case
- Recent bearish community chatter hints at concerns about increasing competition in the grocery sector impacting Axfood's market share. Whispers of potential margin compression due to rising input costs are circulating, creating uncertainty. Market perception reflects worries about potential regulatory headwinds affecting the food retail industry. Despite sustainability efforts, some community members express skepticism about Axfood's long-term growth prospects compared to tech-driven disruptors.
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 | $21.96B | $703M | $3.24 |
| Q2 2025 | $23.00B | $614M | $2.83 |
Based on FMP financials and quantitative analysis
AXFOY Latest News
No recent news available for AXFOY.
AXFOY Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for AXFOY.
Price Targets
Wall Street price target analysis for AXFOY.
AXFOY MoonshotScore
What does this score mean?
The MoonshotScore rates AXFOY's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Classification
Industry Grocery StoresAxfood AB (publ) ADR Information Unsponsored
Axfood AB (publ) (AXFOY) trades in the U.S. as an American Depositary Receipt (ADR).
- ADR Level: 1
- ADR Ratio: 1:1
- Home Market Ticker: AXFO
AXFOY OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, indicating that Axfood AB (publ) may not meet the minimum financial or disclosure requirements of the higher tiers like OTCQX or OTCQB. Companies in this tier often have limited trading volume and may not be subject to the same level of regulatory scrutiny as companies listed on major exchanges like the NYSE or NASDAQ. Investing in companies on the OTC Other tier carries higher risks due to the potential for less transparency and liquidity compared to exchange-listed stocks.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited Liquidity: OTC stocks often have low trading volume, making it difficult to buy or sell shares.
- Lack of Transparency: Disclosure requirements may be less stringent, leading to limited financial information.
- Price Volatility: Low trading volume can result in significant price swings.
- Counterparty Risk: The risk that the other party in a transaction may default.
- Regulatory Scrutiny: OTC stocks may be subject to less regulatory oversight.
- Verify the company's registration and regulatory filings.
- Review available financial statements and disclosures.
- Assess the company's business model and competitive landscape.
- Evaluate the management team and their track record.
- Understand the risks associated with investing in OTC stocks.
- Monitor trading volume and price volatility.
- Consult with a financial advisor.
- Established business operations in Sweden.
- Operating history since 1997.
- Subsidiary of Axretail AB.
- Presence in the Consumer Defensive sector.
- Employee count of over 18,000.
What Investors Ask About Axfood AB (publ) (AXFOY) — Consumer Defensive
What does Axfood AB (publ) do?
Axfood AB (publ) is a Swedish food retail and wholesale company that operates through various store chains, including Willys, Hemköp, and City Gross. It provides groceries and related products to consumers, restaurants, and other retailers primarily in Sweden. The company is also involved in e-commerce and the development of private label products. Axfood aims to offer a diverse range of shopping experiences and cater to different customer segments within the Swedish grocery market.
What do analysts say about AXFOY stock?
Analyst opinions on AXFOY are pending AI analysis. Key valuation metrics to consider include the company's market capitalization, profit margin, gross margin, and return on equity. Growth considerations include the company's e-commerce initiatives, private label product development, and potential strategic acquisitions. Investors should conduct their own research and consider their individual risk tolerance before making any investment decisions. No recommendations to buy or sell are being made.
What are the main risks for AXFOY?
Axfood faces several risks, including intense competition from other grocery retailers in Sweden, potential supply chain disruptions due to global events or economic factors, and changes in consumer preferences and shopping habits. The company's high Debt-to-Equity ratio also poses a financial risk that requires careful monitoring. Additionally, as an OTC-listed stock, AXFOY is subject to specific risks related to liquidity, transparency, and regulatory oversight.
What are the key factors to evaluate for AXFOY?
Axfood AB (publ) (AXFOY) holds an AI score of 46/100 (low). P/E: 24.1x vs the S&P 500's ~20-25x. Not financial advice.
How frequently does AXFOY data refresh on this page?
AXFOY 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 AXFOY's recent stock price performance?
Axfood AB (publ) (AXFOY) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Strong brand recognition in the Swedish market. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider AXFOY overvalued or undervalued right now?
Axfood AB (publ) (AXFOY) trades at 24.1x earnings. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying AXFOY?
Before investing in Axfood AB (publ) (AXFOY), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
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.
- Financial data is based on available information and may be subject to change.
- OTC analysis is based on general knowledge of OTC markets and may not reflect specific details of AXFOY.