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Cranswick plcCWK.LCompetitor analysis, valuation and peers

United Kingdom · GBP·Consumer Staples›Food: Meat/Fish/Dairy

UK food producer supplying fresh pork, poultry and other meat products to retailers and foodservice.

≈ A UK Tyson Foods/Hormel for fresh meatMomentum neutral 58
Mkt cap
$3.94B
US dollars, full cap
Free float
97%
of shares outstanding
$/day
$9.81M
20-day average traded
Fwd P/E
17.2×
forward earnings
ROIC−WACC
+4.6 pp
WACC 8.7%
Hurdle
-4 pp
Req g minus delivered
Next earnings
18 days
24 Nov 2026
Close · GBP£5,470
1D-1.1%
1W+2.0%
1M+8.8%
3M+4.2%
6M+7.0%
YTD+10.4%
1Y+11.3%
ATR %2.7%
52w lowhigh5.8% off high

What Cranswick does

UK food producer supplying fresh pork, poultry and other meat products to retailers and foodservice.

Sells mostly retailer-branded fresh and cooked meat to UK supermarkets, processed to their specification, and farms pigs itself, which gives control over quality and cost. Cooked and prepared lines add more value per kilo than basic fresh cuts.

In one line: A UK Tyson Foods/Hormel for fresh meat.

Products and services

  • Fresh pork products
  • Poultry products
  • Cooked/added-value meats
  • Pet food

Customers

  • UK supermarkets
  • Foodservice/wholesale customers

Where it sits in the supply chain

  • Consumer Staples
  • Meat processing
  • Fresh pork, poultry, added-value meat…

What could go right

  • UK retail private-label meat demand
  • Export growth (e.g., to Asia)

What could go wrong

  • Feed/commodity cost inflation
  • Animal disease outbreak risk

Moat: narrow (scale, customer qualification, distribution). Vertically integrated supply chain and long-standing supermarket supplier ties.

Headquarters: Hull, UK · Founded: 1972 · Employees: 16,500

Named competitors

Cranswick at a glance

Size Cranswick (CWK.L) is a United Kingdom Consumer Staples company (Food: Meat/Fish/Dairy) with a market value of $3.94B, the 108th largest of 363 United Kingdom companies the cockpit tracks. Shares closed at £5,470 on 6 Nov 2026.

Performance Over six months the shares gained 7.0%, against -7.6% for the median peer and +3.6% for the United Kingdom market (cap-weighted) — 5th highest of 20 in its peer set.

Growth Revenue grew 9.5% over the last twelve months (peer median +3.8%); the operating margin is 7.9% (peer median 6.5%).

Valuation It trades at 17.2× forward earnings against a peer median of 14.6× (8th most expensive of 20).

Price implies For today's price to make sense, revenue must grow about 6% a year for seven years (Req g). Recent delivered growth is +9%, so the hurdle is -4 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 4.6 points above its cost of capital (8.7% WACC).

Next results Next results expected around 24 Nov 2026 (exchange calendar; dates can move).

Relative performance

9010011011 May 202611 Aug 20266 Nov 2026CWK.L 107Peer median 91
Six months, rebased to 100: Cranswick against the median of its 20 peers (local-currency closes).

Cranswick financials

Reported figures in GBP; fiscal year ends 2026-03-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue£2.98B£2.98B£2.72B£2.60B£2.32B
Revenue growth—+10%+5%+12%—
Gross profit£472M£472M£416M£370M£296M
EBITDA£336M£336M£294M£261M£205M
Net income£158M£158M£134M£113M£111M
Free cash flow£102M£102M£76.2M£123M£64.1M
Capital expenditure£166M£166M£138M£100M£85.1M
Total debtn/a£257M£178M£126M£122M

Quarterly statements and history in the cockpit →

Cranswick competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-20%0%+20%+40%0%+10%+20%0151228261862267BAKKAHATSUNEMMN002946226498582206SFDBELL60088222962319CWK.L6-month return →1-month return →
Up and to the right = strong over both horizons. Cranswick is the large dot.

Fundamentals: revenue growth against valuation

0%+10%+20%+30%25×50×75×0151228261862267BAKKALSGHATSUNMILKYMIST00294698582206BELL6008822296CWK.LRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Cranswick is the large dot.

Capital: growth delivered against growth the price implies

-10%0%+10%+20%0%20%6186BAKKALSGHATSUNEMMN00294698582206SFDBELLAUSS600882F99CWK.LGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Cranswick is the large dot.

Cranswick competitors and peer comparison

Head to head with its named competitors (CWK.L vs HFG.L vs PPC)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
Cranswick CWK.L$3.94B+7%+10%8%17.2×5.7%
Hilton Food HFG.L$889M+39%+7%1%14.1×18.5%
Pilgrim's Pride PPC$6.79B-2%0%5%13.0×-4.8%

How Cranswick compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Cranswick against its 20 peers (data as of 6 Nov 2026)
MeasureCWK.LPeer medianRank in peer set
1-month return+8.8%+1.9%5th highest of 21
6-month return+7.0%-7.6%5th highest of 20
Distance from 52-week high-5.8%-19.2%4th highest of 21
Revenue growth (TTM)+9.5%+3.8%5th highest of 21
Operating margin7.9%6.5%8th highest of 21
Forward P/E17.2×14.6×8th most expensive of 20
Growth the price implies (Req g, 7 yrs)5.7%4.8%8th least demanding of 15
Growth delivered (Del g)+9.5%+7.6%8th highest of 15
Hurdle (Req g minus delivered)-3.8 pp-3.7 pp7th least demanding of 15
ROIC minus cost of capital+4.6 pp-0.9 pp5th highest of 21
EV / EBITDA9.4×9.3×8th most expensive of 17
Net debt / EBITDA0.7×1.7×7th least indebted of 19

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Cranswick CWK.LUnited Kingdom$3.94B+7%+10%8%17.2×5.7%+9.5%
Want Want China 0151.HKHong Kong$4.43B-32%+6%18%9.7×n/an/a
Nh Foods 2282.TJapan$3.40B-10%+7%3%14.0×n/an/a
China Feihe 6186.HKHong Kong$3.16B-20%-4%15%11.8×-14.7%-1.2%
Yakult Honsha 2267.TJapan$5.15B+3%-1%9%17.0×n/an/a
Bakkafrost P/F BAKKA.OLNorway$2.77B+4%+7%14%23.1×9.5%+10.1%
Leroy Seafood LSG.OLNorway$2.74B-2%+1%6%14.6×7.7%+11.5%
Hatsun Agro Product HATSUN.NSIndia$2.52B+8%+18%5%49.8×25.4%+12.4%
Emmi EMMN.SWSwitzerland$6.32B+16%+4%7%21.8×0.3%+5.1%
Milky Mist Dairy Food MILKYMIST.NSIndia$2.42Bn/a+34%8%79.2×n/an/a
New Hope Dairy 002946.SZChina$2.22B-13%+7%9%17.6×1.9%+10.7%
Morinaga Milk Industry 2264.TJapan$2.21B-9%+2%6%14.4×n/an/a
China Youran Dairy 9858.HKHong Kong$2.15B-4%+7%-2%8.0×17.8%+11.1%
Ezaki Glico 2206.TJapan$2.07B-11%+10%3%35.7×7.5%+1.0%
Smithfield Foods SFDUnited States$7.60B-26%-2%7%13.0×-11.5%+1.9%
Bell Food BELL.SWSwitzerland$1.98B+42%+2%3%10.9×2.9%+4.0%
Austevoll Seafood AUSS.OLNorway$1.79B-8%-1%7%11.4×2.5%+11.9%
Shanghai Milkground Food Tech 600882.SSChina$1.55B-1%+26%4%32.0×11.1%+14.7%
Itoham Yonekyu 2296.TJapan$1.53B-13%+3%3%13.2×n/an/a
Fraser & Neave F99.SISingapore$1.53B-8%-3%10%n/a0.1%+4.8%
Mengniu Dairy 2319.HKHong Kong$10.5B+28%+3%5%14.7×6.7%+0.9%

Questions

Who are Cranswick's main competitors?
Named competitors: Tulip Ltd (Danish Crown) (private or unlisted), 2 Sisters Food Group (private or unlisted), Hilton Food Group (HFG.L), Pilgrim's Pride (PPC). The cockpit's measured peer set (industry) also includes Want Want China (0151.HK), Nh Foods (2282.T), China Feihe (6186.HK), Yakult Honsha (2267.T), Bakkafrost P/F (BAKKA.OL), Leroy Seafood (LSG.OL).
Is Cranswick expensive compared with its peers?
On forward p/e it trades at 17.2× against a peer median of 14.6×, 8th most expensive of 20 in its peer set. For today's price to make sense, revenue must grow about 6% a year for seven years (Req g). Recent delivered growth is +9%, so the hurdle is -4 pp: the price already allows for a slowdown.
How has Cranswick stock performed?
Over six months to 6 Nov 2026 the shares returned +7.0% against -7.6% for the median peer; over one year +11.3%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.