UK food producer supplying fresh pork, poultry and other meat products to retailers and foodservice.
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.
Moat: narrow (scale, customer qualification, distribution). Vertically integrated supply chain and long-standing supermarket supplier ties.
Headquarters: Hull, UK · Founded: 1972 · Employees: 16,500
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).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| 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 debt | n/a | £257M | £178M | £126M | £122M |
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.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req 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% |
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.
| Measure | CWK.L | Peer median | Rank 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 margin | 7.9% | 6.5% | 8th highest of 21 |
| Forward P/E | 17.2× | 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 pp | 7th least demanding of 15 |
| ROIC minus cost of capital | +4.6 pp | -0.9 pp | 5th highest of 21 |
| EV / EBITDA | 9.4× | 9.3× | 8th most expensive of 17 |
| Net debt / EBITDA | 0.7× | 1.7× | 7th least indebted of 19 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Cranswick CWK.L | United Kingdom | $3.94B | +7% | +10% | 8% | 17.2× | 5.7% | +9.5% |
| Want Want China 0151.HK | Hong Kong | $4.43B | -32% | +6% | 18% | 9.7× | n/a | n/a |
| Nh Foods 2282.T | Japan | $3.40B | -10% | +7% | 3% | 14.0× | n/a | n/a |
| China Feihe 6186.HK | Hong Kong | $3.16B | -20% | -4% | 15% | 11.8× | -14.7% | -1.2% |
| Yakult Honsha 2267.T | Japan | $5.15B | +3% | -1% | 9% | 17.0× | n/a | n/a |
| Bakkafrost P/F BAKKA.OL | Norway | $2.77B | +4% | +7% | 14% | 23.1× | 9.5% | +10.1% |
| Leroy Seafood LSG.OL | Norway | $2.74B | -2% | +1% | 6% | 14.6× | 7.7% | +11.5% |
| Hatsun Agro Product HATSUN.NS | India | $2.52B | +8% | +18% | 5% | 49.8× | 25.4% | +12.4% |
| Emmi EMMN.SW | Switzerland | $6.32B | +16% | +4% | 7% | 21.8× | 0.3% | +5.1% |
| Milky Mist Dairy Food MILKYMIST.NS | India | $2.42B | n/a | +34% | 8% | 79.2× | n/a | n/a |
| New Hope Dairy 002946.SZ | China | $2.22B | -13% | +7% | 9% | 17.6× | 1.9% | +10.7% |
| Morinaga Milk Industry 2264.T | Japan | $2.21B | -9% | +2% | 6% | 14.4× | n/a | n/a |
| China Youran Dairy 9858.HK | Hong Kong | $2.15B | -4% | +7% | -2% | 8.0× | 17.8% | +11.1% |
| Ezaki Glico 2206.T | Japan | $2.07B | -11% | +10% | 3% | 35.7× | 7.5% | +1.0% |
| Smithfield Foods SFD | United States | $7.60B | -26% | -2% | 7% | 13.0× | -11.5% | +1.9% |
| Bell Food BELL.SW | Switzerland | $1.98B | +42% | +2% | 3% | 10.9× | 2.9% | +4.0% |
| Austevoll Seafood AUSS.OL | Norway | $1.79B | -8% | -1% | 7% | 11.4× | 2.5% | +11.9% |
| Shanghai Milkground Food Tech 600882.SS | China | $1.55B | -1% | +26% | 4% | 32.0× | 11.1% | +14.7% |
| Itoham Yonekyu 2296.T | Japan | $1.53B | -13% | +3% | 3% | 13.2× | n/a | n/a |
| Fraser & Neave F99.SI | Singapore | $1.53B | -8% | -3% | 10% | n/a | 0.1% | +4.8% |
| Mengniu Dairy 2319.HK | Hong Kong | $10.5B | +28% | +3% | 5% | 14.7× | 6.7% | +0.9% |