HKFoods Oyj A (HKFOODS) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of HKFoods Oyj A stock €3.03, price €1.77, upside +71.2%, quality 51 out of 100. Rating: strongly undervalued. Calculated from audited financials with 13 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 8, 2026.
How to read this chart
60‑month range €0.4929 – €1.86 · fair‑value band €1.55 – €4.52 · the €1.77 price screens below the €3.03 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 8, 2026.
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HKFoods Oyj operates as a food company in Finland and Poland.
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The company produces, sells, and markets pork, beef, poultry, meat products, and ready and components meals; and processed meats and convenience food under the HK, Kariniemen, Via, Boltsi, Tamminen, and Kivikylän to retail, food service, industry, and export sectors.
It also exports its products internationally. The company was formerly known as HKScan Oyj and changed its name to HKFoods Oyj in May 2024. HKFoods Oyj was founded in 1913 and is headquartered in Turku, Finland. HKFoods Oyj operates as a subsidiary of LSO Osuuskunta.
Stock analysis
HKFoods Oyj A (HKFOODS) currently trades at €1.77, while our model-based Fair Value estimate is €3.03, implying the stock looks roughly 42% undervalued today.
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Valuation
Bull case: the Growth DCF group reads highest at a median of €3.21 per share, and 9 of the 13 models we run sit above the €1.77 price.
Bear case: the Asset-Based group reads lowest at €0.7800, and 4 of the 13 models stay below the price. Data coverage for this calculation is medium.
Scenario range: €1.55 (bear) to €4.52 (bull), the price of €1.77 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 51/100 (solid quality), in the Consumer Defensive sector.
Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.
HKFoods Oyj A reported revenue of €996M in FY2025 versus €1.8B in FY2021, a compound −13.9%/yr. Reported net income was −€1.0M in FY2025.
Key figures
Market cap €159M Micro · P/E ratio 8.0 · P/S ratio 0.17 · EPS (TTM) €0.2200 · Dividend yield 4.5% · Net margin 2.1% · Return on equity 13.3% · Return on assets (EBIT) 3.2% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 35 out of 100 (low confidence).
What moves the price
The share trades about 5% below its 52-week high and 34% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Consumer Defensive peers we cover trades at −1% fair-value upside, at 71%, HKFOODS screens cheaper than that median.
Fair Value models
Bear€1.55Fair Value €3.03Bull€4.52
Price €1.77 · Upside +71.2%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (€0.1201 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.37/100
Revenue is shrinking: the last year, the last three and the last five years are all negative.
Revenue growth 1 year
−0.5%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−18.4%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−11.0%
Start year 2020 (pandemic). Over 10 years: −6.3% a year
Revenue growth 23 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+2.0%
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Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
0.9% (2020) → 3.0% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+5.9%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (euro area: IMF forecast 2.2% a year to 2030, 2.6% from 2016 to 2025) that is about +3.6% a year for the price.
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Packaged Foods · 625 stocks
Beats the industry median on 9/15 measures
Overall it ranks above its industry peers.
Valuation
Quality Score51 · Below median
Fair Value upside+71.2% · Top 25%
Profitability
Return on equity (12 months)13.3% · Above median
Return on assets−0.2% · Bottom 25%
Net margin (12 months)2.1% · Below median
Operating margin (12 months)4.9% · Below median
Growth and dividend
Revenue growth (quarter YoY)3.2% · Below median
Dividend yield (12 months)4.5% · Above median
Balance sheet
Debt / equity1.18× · Highest 25%
Valuation Multiplesvs Packaged Foods median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "HKFoods Oyj A Fair Value". https://www.fairvalue-calculator.com/stock/HKFOODS
Frequently asked questions
Is HKFoods Oyj A (HKFOODS) overvalued or undervalued?
As of Nov 8, 2026, our model estimates a fair value of €3.03 versus a price of €1.77, about +71% upside (undervalued).
What is the fair value of HKFOODS?
Our model-based fair value for HKFoods Oyj A is €3.03 (as of Nov 8, 2026), built from audited fundamentals. The current price: €1.77.
What is the quality score of HKFOODS?
HKFoods Oyj A has a Quality Score of 51/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for HKFoods Oyj A (HKFOODS)?
Our model-based price target is the fair value of €3.03 (as of Nov 8, 2026) from 13 valuation models. Cautious scenario €1.55, optimistic scenario €4.52. It is a calculation from audited fundamentals, not an analyst target.
What is the HKFoods Oyj A stock forecast for 2026?
Our models put fair value at €3.03, about +71% upside versus a price of €1.77 (undervalued). Cautious scenario €1.55, optimistic scenario €4.52. The calculation is refreshed regularly with new filings.
What is the revenue of HKFoods Oyj A (HKFOODS)?
HKFoods Oyj A reported trailing-twelve-month revenue of about €1.0B (latest available figure, as of Nov 8, 2026).
Does HKFoods Oyj A pay a dividend?
HKFoods Oyj A currently shows a dividend yield of 4.52% relative to its recent price (as of Nov 8, 2026).
How much is the dividend of HKFoods Oyj A (HKFOODS) and when is the ex-dividend date?
HKFoods Oyj A pays a dividend of €0.08 per share a year, a dividend yield of 4.5%. The last ex-dividend date was Apr 23, 2026. The payout ratio is 36.4% of earnings. Free cash flow covers the dividend 3.35 times. Our assessment: Well covered. A low payout and the dividend is fully funded by free cash flow, a comfortable, sustainable dividend.
What growth is priced into HKFoods Oyj A (HKFOODS)?
For today's price to be fair in a discounted-cash-flow model, HKFoods Oyj A would have to grow free cash flow by +5.9 % per year for five years (discount rate 11.7 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew -11.0 % per year. As of Nov 8, 2026.
What discount rate (WACC) does the fair value of HKFOODS use?
Our models discount HKFoods Oyj A at 11.7 %: a base by market capitalisation (micro), damped by beta 0.63, country premium for Finland. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For HKFoods Oyj A that is +5.9 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (11.7 %) and the same formula as our fair value.
How much growth has HKFoods Oyj A (HKFOODS) delivered so far?
Over the past 5 years revenue at HKFoods Oyj A grew -11.0 % a year. The price currently implies free-cash-flow growth of +5.9 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of HKFoods Oyj A (HKFOODS) growing?
The median revenue growth in the sector is +2.0 % a year. That is the yardstick for the growth priced into HKFoods Oyj A (+5.9 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of HKFoods Oyj A (HKFOODS)?
The free-cash-flow yield on the price is 14.33 %: that much free cash flow HKFoods Oyj A produces per unit of market value. When it exceeds the discount rate of our models (11.7 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of HKFoods Oyj A (HKFOODS)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For HKFoods Oyj A it is €3.03 per share (as of Nov 8, 2026), against a price of €1.77. It is the blended result of 13 valuation models in 6 families (DCF Models, Earnings-Based, Multiples, Asset-Based, Growth DCF, Economic Profit).
Is HKFoods Oyj A stock overvalued or undervalued in 2026?
As of Nov 8, 2026, HKFOODS trades below its calculated fair value: price €1.77, fair value €3.03, a gap of about +71% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of HKFOODS?
No. The price is what the market pays today (€1.77); the fair value is what the company's own numbers justify (€3.03). For HKFoods Oyj A the two are €1.26 per share apart. That gap is exactly why we show both numbers side by side.
How much is HKFoods Oyj A worth?
The market values HKFoods Oyj A at about €159M (market capitalisation, as of Nov 8, 2026). Per share that is €1.77; our models calculate a fair value of €3.03 per share.
What do the bullish and bearish scenarios say about HKFOODS?
Our models span a range for HKFoods Oyj A: cautious scenario €1.55, base €3.03, optimistic €4.52 per share (as of Nov 8, 2026, price €1.77). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of HKFOODS?
HKFoods Oyj A trades at a price-to-earnings ratio of 8.0 (as of Nov 8, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of €3.03 is built from several models across several years. Excluding one-off items of fiscal year 2025 it is 19.7 (the reported result was a loss). Other multiples: PEG 0.2, P/B 1.2, P/S 0.2, EV/EBITDA 5.2.
What is the PEG ratio of HKFOODS?
The PEG ratio of HKFoods Oyj A is 0.24 (P/E divided by earnings growth, as of Nov 8, 2026). That is below 1, so growth is priced more cheaply than the earnings multiple alone suggests.
How solid is the balance sheet of HKFoods Oyj A (HKFOODS)?
Balance-sheet figures for HKFoods Oyj A (as of Nov 8, 2026): return on equity 13.3%, debt of 1.18 per unit of equity. They feed the Quality Score of 51/100, which measures business quality independently of the share price.
How far is HKFOODS from its 52-week high?
HKFoods Oyj A trades at €1.77, about 5% below its 52-week high of €1.86 and 34% above the low of €1.32 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of €3.03 is for.
Which stocks are comparable to HKFoods Oyj A?
From the same area (Consumer Defensive) we also value Nestlé S.A, Danone S.A, Foshan Haitian Flavouring and Food Company, The Kraft Heinz Company, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is HKFoods Oyj A stock attractive at the current price?
The data as of Nov 8, 2026: price €1.77, calculated fair value €3.03 (+71%), Quality Score 51/100, from 13 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of HKFOODS calculated?
We run HKFoods Oyj A through 13 models from 6 families: DCF Models, Earnings-Based, Multiples, Asset-Based, Growth DCF, Economic Profit. Every model gets the same audited fundamentals; the fair value of €3.03 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. HKFoods Oyj A currently trades 42% below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of HKFoods Oyj A (HKFOODS)?
The closing price on Nov 6, 2026 was €1.77. Our model-based fair value is €3.03, about +71% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with HKFoods Oyj A right now?
The model range is unusually wide (€1.55 to €4.52). The outcome hinges heavily on assumptions, so read the point estimate with caution. Solid quality (51/100) at a price below fair value, the discount is the argument here, not the business quality.
Key figures of HKFoods Oyj A
How large is the market capitalisation of HKFoods Oyj A (HKFOODS)?
The market capitalisation of HKFoods Oyj A is €159M. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of HKFoods Oyj A (HKFOODS)?
The price-to-sales ratio of HKFoods Oyj A is 0.17 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of HKFoods Oyj A (HKFOODS)?
Earnings per share at HKFoods Oyj A are €0.2200 (price ÷ EPS = P/E 8.0). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of HKFoods Oyj A (HKFOODS)?
The dividend yield of HKFoods Oyj A is 4.5% (payout 36.4%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of HKFoods Oyj A (HKFOODS)?
The net margin of HKFoods Oyj A is 2.1% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of HKFoods Oyj A (HKFOODS)?
The return on equity (ROE) of HKFoods Oyj A is 13.3% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of HKFoods Oyj A (HKFOODS)?
On an EBIT basis the return on assets of HKFoods Oyj A is 3.2% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of HKFoods Oyj A (HKFOODS)?
The operating margin of HKFoods Oyj A is 4.9% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at HKFoods Oyj A (HKFOODS)?
Revenue at HKFoods Oyj A is growing +3.2% versus a year earlier (3y avg −18.4%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How much net debt does HKFoods Oyj A (HKFOODS) carry?
The net debt of HKFoods Oyj A is €247M (fiscal year 2025, ≈ 10.8 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Some data
Nov 8, 2026