Axfood AB
Research Axfood AB (AXFO) on Bullrun: valuation model: 8.4% overvalued, market cap SEK 55.40B, P/E 22.9, dividend yield 1.7%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerAXFO
- ExchangeST
- CountrySweden
- SectorConsumer Defensive
- IndustryGrocery Stores
- CurrencySEK
- Valuation signal8.4% overvalued
- Market capSEK 55.40B
- P/E22.9
- Dividend yield1.7%
- Financial periodQ2 2026
- RevenueSEK 23.20B
- Net incomeSEK 634.00M
- Free cash flowSEK 853.00M
- Gross margin14.8%
Valuation Snapshot
Bullrun's latest valuation model marks Axfood AB as 8.4% overvalued; latest market cap is SEK 55.40B; P/E is 22.9; dividend yield is 1.7%.
Peer valuation comparison
Latest P/E is 22.87x versus a Consumer Defensive sector median of 17.24x (32.6% above).
Latest dividend yield is 1.73% versus a Consumer Defensive sector median of 3.01% (42.4% below).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | SEK 89.15B | SEK 2.35B | n/a | 14.7% | n/a | SEK 1.08B | SEK 15.40B | SEK 7.51B |
| FY2024 | SEK 84.06B | SEK 2.22B | SEK 4.35B | 14.6% | 10.11 | SEK 735.00M | SEK 2.00M | SEK 7.05B |
| FY2023 | SEK 81.11B | SEK 2.37B | SEK 4.28B | 14.0% | 10.87 | SEK 688.00M | SEK 519.00M | SEK 6.88B |
| FY2022 | SEK 73.47B | SEK 2.37B | SEK 3.71B | 13.7% | 10.99 | SEK 559.00M | SEK 200.00M | SEK 6.90B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-09-30 | SEK 55.40B | 22.9 | 3.5% | 9 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 9 SEK, yield 1.7%.
| Year | Dividends/share |
|---|---|
| FY2024 | 8.5 SEK |
| FY2023 | 8.15 SEK |
| FY2022 | 7.72 SEK |
About Axfood AB
Axfood AB (publ) engages in the food retail and wholesale businesses primarily in Sweden. The company operates through five segments: Willys, Hemköp, City Gross, Snabbgross, and Dagab. The company sells groceries through Willys, HANDLAR'N, Hemköp, and Eurocash, City Gross, and Tempo store chains. It is also involved in the e-commerce business; and provision of private label products. In addition, it operates Urban Deli, a combination of restaurant, store, and market hall; Apohem, an online retail pharmacy;
Related stock research
Other Consumer Defensive stocks
Frequently asked questions
Is Axfood AB overvalued or undervalued?
Bullrun's valuation model currently marks Axfood AB as 8.4% overvalued.
What is Axfood AB's market cap?
Axfood AB's market capitalization is SEK 55.40B.
What is Axfood AB's P/E ratio?
Axfood AB's price-to-earnings (P/E) ratio is 22.9.
Does Axfood AB pay a dividend?
Axfood AB has a dividend yield of 1.7%.
What does Axfood AB do?
Axfood AB (publ) engages in the food retail and wholesale businesses primarily in Sweden. The company operates through five segments: Willys, Hemköp, City Gross, Snabbgross, and Dagab. The company sells groceries through Willys, HANDLAR'N, Hemköp, and Eurocash, City Gross, and Tempo store chains. It is also involved in the e-commerce business; and provision of private label products.