Valuation Bakkafrost

Stocks

Market Closed - Oslo Bors Other stock markets 08:15:00 12/06/2026 pm IST			5-day change	1st Jan Change
423.20 ^NOK	+2.37%		+0.38%	-18.06%

02/06	DNB Carnegie cuts salmon sector earnings forecasts, Mowi remains top pick - BN	FW
20/05	Handelsbanken raises Bakkafrost price target to NOK 491 (449), reiterates Hold - BN	FW

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	25,696	25,708	20,946	23,735	19,290	17,063	-	-
Change	-	0.05%	-18.52%	13.32%	-18.73%	-11.54%	-	-
Enterprise Value (EV) ¹	27,822	28,372	24,479	26,735	23,187	21,040	20,676	20,233
Change	-	1.98%	-13.72%	9.22%	-13.27%	-9.26%	-1.73%	-2.14%
P/E Ratio	26.7x	19.1x	21.9x	36.8x	37x	16.9x	11.4x	9.64x
PBR	2.75x	2.47x	1.93x	2.13x	1.75x	1.43x	1.31x	1.2x
PEG	-	0.5x	-0.8x	-1.1x	-2x	0.2x	0.2x	0.5x
Capitalization / Revenue	4.63x	3.61x	2.93x	3.17x	2.75x	2.01x	1.74x	1.61x
EV / Revenue	5.01x	3.98x	3.43x	3.57x	3.31x	2.48x	2.11x	1.91x
EV / EBITDA	20.6x	12.7x	11.2x	11.9x	13.9x	7.73x	6.19x	5.27x
EV / EBIT	33.9x	16.6x	15.9x	17.3x	26.1x	11.3x	8.4x	7.04x
EV / FCF	2,259x	-538x	-1,159x	19.9x	-410x	55.8x	19.4x	14.7x
FCF Yield	0.04%	-0.19%	-0.09%	5.01%	-0.24%	1.79%	5.15%	6.81%
Dividend per Share ²	5.14	10	8.7	8.44	-	8.96	12.23	12.29
Rate of return	1.18%	2.3%	2.46%	2.11%	-	3.11%	4.25%	4.27%
EPS ²	16.32	22.75	16.15	10.88	8.83	17	25.13	29.86
Distribution rate	31.5%	44%	53.9%	77.6%	-	52.7%	48.6%	41.2%
Net sales ¹	5,554	7,130	7,141	7,480	7,007	8,492	9,782	10,605
EBITDA ¹	1,352	2,243	2,181	2,254	1,673	2,721	3,341	3,842
EBIT ¹	821.2	1,705	1,544	1,550	888	1,860	2,463	2,874
Net income ¹	964.1	1,345	955.6	656.6	530.2	997.6	1,482	1,755
Net Debt ¹	2,126	2,664	3,533	3,000	3,897	3,977	3,613	3,170
Reference price ²	434.98	435.17	353.78	400.56	326.74	287.77	287.77	287.77
Nbr of stocks (in thousands)	59,074	59,075	59,206	59,253	59,038	59,294	-	-
Announcement Date	22/02/22	21/02/23	20/02/24	17/02/25	09/02/26	-	-	-

¹DKK in Million²DKK

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
BAKKAFROST	16.93x	2.48x	7.73x	3.11%	264.42Cr
AKVA GROUP ASA	20.31x	1.11x	8.43x	3.19%	45Cr
SALMONES CAMANCHACA S.A.	17.24x	1.17x	7.06x	2.9%	43Cr
MÅSØVAL	33.19x	2.21x	9.09x	2.21%	44Cr
GRIEG SEAFOOD ASA	17.94x	1.43x	12.1x	118.12%	35Cr
Average	21.12x	1.68x	8.88x	25.91%	86.4Cr
Weighted average by Cap.	19.04x	2.09x	8.23x	12.4%