Axfood AB (publ) (AXFO.ST) stock analysis

In our weekly check, Axfood AB (publ) is graded C (A to F). Of 25 checks on debt, profit, cash flow and trend: 16 pass, warnings: 5, red flags: 4.

About Axfood AB (publ)

Axfood AB (publ) is a Consumer Defensive company (Grocery Stores) based in Sweden, listed on STO as AXFO.ST.

What our checks show for AXFO.ST

Red flags

• Net debt is 2.1x a year of EBITDA (debt/equity 2.17). That limits room in a downturn and raises refinancing risk.
• The net margin fell by 1 points over 5 years, to 2.7%: the company keeps less of each sale as profit.
• The net margin is only 2.7%: little room if costs rise.
• Recovering from its deepest fall took about 4.6 years.

Warning signs

• The gross margin fell by 0.7 points, to 14.7%: costs are rising faster than prices.
• Analysts expect only about 4.2% a year of growth in revenue.
• The dividend takes 81% of profit: little cushion if profit falls.
• The stock has fallen as much as 52% from a peak. Would you have held through that?
• Thinly traded (about 422 thousand shares a day): buying and selling can move the price.

Strengths

• Operating cash flow is 2.64x net profit: the profit arrives as real cash.
• Beta 0.56: the stock usually moves less than the market.
• Pay in shares is only 0% of free cash flow.

Next earnings report: 2027-01-28

Similar companies

JMT.WA · WOW.AX · L.TO · WN.TO · KR · DNP.WA

Questions

What grade does Axfood AB (publ) (AXFO.ST) have?

In our weekly check, Axfood AB (publ) is graded C (A to F). Of 25 checks on debt, profit, cash flow and trend: 16 pass, warnings: 5, red flags: 4. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of AXFO.ST stock?

This week's biggest flags for Axfood AB (publ): High debt, Margins falling, Thin margins. In total 9 of 25 checks show a warning or a red flag.

What does Axfood AB (publ) do?

Axfood AB (publ) is a Consumer Defensive company (Grocery Stores) based in Sweden, listed on STO as AXFO.ST.

When does Axfood AB (publ) report earnings next?

The next earnings report is expected on 2027-01-28. We re-run the checks every week, so the grade can change after it.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-10-31

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