The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Friday, August 14, 2026

Subject of the day

AAK.ST

Concerning the House

AAK AB (publ.) develops and sells plant-based oils and fats in Sweden and internationally. It operates through Food Ingredients, Chocolate & Confectionery Fats, and Technical Products & Feed segments. The company offers food ingredients for chocolate and confectionery; dairy and ice cream; bakery; lecithin; special nutrition; foodservice and retail; personal care; candles; technical products; and animal nutrition. It also provides natural emulsifiers; fatty acids; plant-based candle waxes; and animal feed, proteins, and fats products. AAK AB (publ.) was founded in 1871 and is headquartered in Malmö, Sweden.

Sweden · www.aak.com

The Ledger
LineMar 2025Jun 2025Dec 2025Mar 2026
Revenue$11.74B$11.30B$11.48B$11.39B
Gross profit$3.16B$2.98B$2.93B$3.02B
Operating income$1.26B$912.00M$1.24B$1.28B
Net income$933.00M$641.00M$946.00M$962.00M
Diluted EPS3.582.463.633.69
Free cash flow-$764.00M$157.00M-$54.00M$1.10B
CapEx-$272.00M-$367.00M-$342.00M-$290.00M
Quotation

$195.20

-0.50 (-0.3%)

52w hi$266.13
52w lo$195.20
Vol572.49K
As ofAug 13
The Verdict

Hold

Our score +0.05

Short-0.12
Medium-0.04
Long+0.56

computed 2026-08-13

By the Numbers

AAK AB (publ.)

Consumer Defensive · Packaged Foods

Market cap$50.87B
Enterprise value$55.30B
Trailing P/E14.06x
Forward P/E13.72x
EV / EBITDA9.79x
P / S (ttm)1.12x
Profit margin7.9%
Return on equity18.7%
Revenue growth-0.9%
Earnings growth+24.4%
Debt / equity28.46
Risk Metrics
Beta vs SPX-0.00
Corr SPX-0.00
Annual vol27.3%
Annual ret-16.9%
Sharpe-0.62
Max DD-40.0%

Window: 504 trading days (490 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.53
Sector+0.02
Technical+0.00
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$195.70$196.50$194.60$195.20572.49K
Aug 12$197.70$197.80$195.70$195.70681.98K
Aug 11$198.50$199.30$197.30$197.70666.39K
Aug 10$203.40$203.80$198.40$198.40651.51K
Aug 7$202.40$204.40$201.40$202.80550.15K