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Lerøy Seafood Group ASAOB:LSG Stock Report

Market Cap NOK 23.3b
Share Price
n/a
1Y-14.0%
7D-0.8%
1D-0.4%
Portfolio Value
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Lerøy Seafood Group ASA

OB:LSG Stock Report

Market Cap: NOK 23.3b

LSG Community Fair Values

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See what 23 others think this stock is worth. Follow their fair value or set your own to get alerts.

Lerøy Seafood Group ASA Competitors

Price History & Performance

Summary of share price highs, lows and changes for Lerøy Seafood Group
Historical stock prices
Current Share PriceNOK 39.10
52 Week HighNOK 52.40
52 Week LowNOK 37.74
Beta0.59
1 Month Change-3.93%
3 Month Change-21.36%
1 Year Change-13.99%
3 Year Change-6.55%
5 Year Change-49.97%
Change since IPO1,103.08%

Recent News & Updates

Narrative Update Jun 18

LSG: Future Returns Will Depend On Margin Execution And Mixed Broker Views

The latest narrative update on Lerøy Seafood Group reflects a modest trim in the analyst price target to NOK 52.50 from NOK 53.13, as analysts balance mixed recent research views with slightly adjusted assumptions on fair value, margins and future P/E. Analyst Commentary Recent research on Lerøy Seafood Group points to a split view, with some bullish analysts becoming more positive on the stock while more cautious analysts have shifted to a less favorable stance.
Narrative Update Jun 01

LSG: Future Returns Will Hinge On 2030 Execution And Mixed Broker Views

The analyst price target for Lerøy Seafood Group has shifted from NOK52.14 to NOK53.13, with analysts citing updated assumptions on revenue growth, profit margins, discount rate and future P/E following mixed recent research views. Analyst Commentary Bullish and bearish analysts have reacted differently to recent developments, which helps explain the slight move in the average price target to NOK53.13.
Narrative Update Apr 26

LSG: Future Returns Will Hinge On 2030 Plans And Rising Broker Optimism

Analysts have trimmed their fair value estimate for Lerøy Seafood Group slightly from NOK 52.71 to NOK 52.14. This reflects updated views on long term revenue growth, profit margins and the P/E multiple, even as some research, such as Kepler Cheuvreux turning more positive, highlights improving sentiment around the shares.

Recent updates

Narrative Update Jun 18

LSG: Future Returns Will Depend On Margin Execution And Mixed Broker Views

The latest narrative update on Lerøy Seafood Group reflects a modest trim in the analyst price target to NOK 52.50 from NOK 53.13, as analysts balance mixed recent research views with slightly adjusted assumptions on fair value, margins and future P/E. Analyst Commentary Recent research on Lerøy Seafood Group points to a split view, with some bullish analysts becoming more positive on the stock while more cautious analysts have shifted to a less favorable stance.
Narrative Update Jun 01

LSG: Future Returns Will Hinge On 2030 Execution And Mixed Broker Views

The analyst price target for Lerøy Seafood Group has shifted from NOK52.14 to NOK53.13, with analysts citing updated assumptions on revenue growth, profit margins, discount rate and future P/E following mixed recent research views. Analyst Commentary Bullish and bearish analysts have reacted differently to recent developments, which helps explain the slight move in the average price target to NOK53.13.
Narrative Update Apr 26

LSG: Future Returns Will Hinge On 2030 Plans And Rising Broker Optimism

Analysts have trimmed their fair value estimate for Lerøy Seafood Group slightly from NOK 52.71 to NOK 52.14. This reflects updated views on long term revenue growth, profit margins and the P/E multiple, even as some research, such as Kepler Cheuvreux turning more positive, highlights improving sentiment around the shares.
Narrative Update Apr 12

LSG: Future Returns Will Depend On 2030 Plans And Conflicting Broker Views

Analysts have nudged their fair value estimate for Lerøy Seafood Group slightly lower, from NOK 53.29 to NOK 52.71. This reflects mixed recent research, where one firm turned more positive while another moved to a more cautious stance, along with modest tweaks to revenue growth, profit margin and future P/E assumptions.
Narrative Update Mar 28

LSG: Future Returns Will Hinge On 2030 Plans And Mixed Broker Views

Analysts have nudged their price target on Lerøy Seafood Group to NOK 53.29, reflecting slightly higher assumed revenue growth and profit margins alongside a marginally lower forward P/E, while recent research has shown a mix of more bullish and more cautious views on the shares. Analyst Commentary Recent research on Lerøy Seafood Group highlights a split in opinion, with some bullish analysts becoming more constructive on the shares while more cautious analysts are dialing back expectations.
Narrative Update Mar 13

LSG: Future Returns Will Depend On Mixed Broker Views And P/E Assumptions

Analysts have nudged their price target for Lerøy Seafood Group up from NOK52.14 to NOK53.29. This reflects updated assumptions for slightly higher revenue growth, modestly stronger profit margins and a marginally lower future P/E, informed by mixed but constructive recent broker research.
Narrative Update Feb 26

LSG: Future Returns Will Rely On Mixed Harvest Trends And P/E Expectations

Narrative Update on Lerøy Seafood Group The analyst price target for Lerøy Seafood Group has shifted slightly higher from NOK 51.71 to NOK 52.14, as analysts factor in mixed recent research views and updated assumptions for revenue growth, profit margins and future P/E expectations. Analyst Commentary Recent research views on Lerøy Seafood Group reflect a mix of optimism and caution, which helps explain the modest move higher in the consensus price target to NOK 52.14.
Narrative Update Feb 11

LSG: Future Returns Will Hinge On Mixed Harvest Trends And P/E Discipline

Analysts have trimmed their average price target on Lerøy Seafood Group from NOK53.00 to about NOK51.71, reflecting a slightly higher discount rate, more moderate revenue growth assumptions, and a somewhat stronger profit margin outlook, with recent mixed research views helping to shape this update. Analyst Commentary Recent research on Lerøy Seafood Group reflects a mixed stance, with some analysts becoming more positive on the shares while others have turned more cautious.
Analysis Article Feb 08

Lerøy Seafood Group ASA's (OB:LSG) Share Price Not Quite Adding Up

It's not a stretch to say that Lerøy Seafood Group ASA's ( OB:LSG ) price-to-earnings (or "P/E") ratio of 16.2x right...
Narrative Update Jan 28

LSG: Future Returns Will Rely On Harvest Volumes And P E Caution

Analysts have trimmed their price target on Lerøy Seafood Group from NOK 55.33 to about NOK 53.00, reflecting updated views on revenue growth, profit margins and a slightly lower assumed future P/E multiple following recent research, including the downgrade at SEB Equities. Analyst Commentary Recent commentary around Lerøy Seafood Group focuses on how realistic current growth and margin assumptions are, given the lower price target and the reduced P/E multiple that some analysts are now using.
Narrative Update Jan 12

LSG: Future Returns Will Be Driven By Sustained Harvest Volumes And Margin Resilience

Narrative Update The analyst price target for Lerøy Seafood Group is unchanged at NOK 55.33, as analysts point to only marginal adjustments to revenue growth, profit margin expectations and future P/E assumptions. These changes do not materially alter their overall valuation view.
Narrative Update Dec 26

LSG Future Returns Will Be Driven By Stable Harvest Volumes Execution

Analysts have slightly lowered their price target for Lerøy Seafood Group from NOK 55.33 to NOK 54.67, reflecting a more cautious stance following recent rating changes, even as long term valuation metrics remain broadly stable. Analyst Commentary Recent research updates highlight a more balanced stance on Lerøy Seafood Group, with the shift to a Hold recommendation reflecting a reassessment of near term risk and reward rather than a fundamental break in the long term investment case.
Narrative Update Dec 12

LSG: Future Returns Will Benefit From Execution On Medium Term Harvest Volumes

Analysts have trimmed their price target for Lerøy Seafood Group to NOK 52.00, reflecting a more cautious stance as they factor in a balanced risk reward profile despite largely unchanged long term growth and profitability assumptions. Analyst Commentary Analysts describe the revised NOK 52 target and Hold stance as reflecting a more balanced outlook on Lerøy Seafood Group, with upside potential increasingly dependent on consistent execution and disciplined capital allocation.
Analysis Article Dec 06

Lerøy Seafood Group (OB:LSG) Might Be Having Difficulty Using Its Capital Effectively

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...
Narrative Update Nov 28

LSG: Future Earnings Will Benefit From Operational Efficiency And Strong Harvest Volume

Lerøy Seafood Group’s analyst price target has been revised downward by NOK 0.50 to NOK 54.67. Analysts cite more cautious outlooks reflected in recent research updates.
Narrative Update Nov 13

LSG: Ongoing Efficiency Gains Will Support Earnings Momentum Ahead

Narrative Update on Lerøy Seafood Group Analysts have lowered their fair value estimate for Lerøy Seafood Group from NOK 57.33 to NOK 55.17, citing concerns related to revisions in growth forecasts and profitability. Analyst Commentary Bullish Takeaways Bullish analysts point to Lerøy Seafood Group's diversified operations across seafood segments as a stabilizing factor for future earnings.
Analysis Article Nov 02

These 4 Measures Indicate That Lerøy Seafood Group (OB:LSG) Is Using Debt Extensively

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Narrative Update Sep 24

Farming Technologies And Vertical Integration Will Redefine Sustainable Aquaculture

Lerøy Seafood Group’s valuation metrics, including future P/E and consensus revenue growth forecasts, were virtually unchanged, resulting in only a marginal increase in the fair value price target from NOK56.50 to NOK57.33. Valuation Changes Summary of Valuation Changes for Lerøy Seafood Group The Consensus Analyst Price Target remained effectively unchanged, moving only marginally from NOK56.50 to NOK57.33.
Analysis Article Sep 03

An Intrinsic Calculation For Lerøy Seafood Group ASA (OB:LSG) Suggests It's 48% Undervalued

Key Insights Using the 2 Stage Free Cash Flow to Equity, Lerøy Seafood Group fair value estimate is kr91.69 Lerøy...
Analysis Article Jul 29

Here's Why Lerøy Seafood Group (OB:LSG) Has A Meaningful Debt Burden

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Jul 11

There's No Escaping Lerøy Seafood Group ASA's (OB:LSG) Muted Revenues

When you see that almost half of the companies in the Food industry in Norway have price-to-sales ratios (or "P/S...
Analysis Article Apr 03

Lerøy Seafood Group ASA's (OB:LSG) Prospects Need A Boost To Lift Shares

When you see that almost half of the companies in the Food industry in Norway have price-to-sales ratios (or "P/S...
Analysis Article Mar 02

Lerøy Seafood Group (OB:LSG) Seems To Use Debt Quite Sensibly

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Feb 15

We Like These Underlying Return On Capital Trends At Lerøy Seafood Group (OB:LSG)

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
User avatar
New Narrative Feb 07

Improved Genetics And Sea Technology Will Increase Salmon And Trout Harvests

New farming technology reduces lice treatments and costs, potentially boosting future net margins through increased efficiency.
Analysis Article Dec 19

There Is A Reason Lerøy Seafood Group ASA's (OB:LSG) Price Is Undemanding

Lerøy Seafood Group ASA's ( OB:LSG ) price-to-sales (or "P/S") ratio of 0.9x may look like a pretty appealing...
Analysis Article Nov 02

Why Lerøy Seafood Group ASA (OB:LSG) Could Be Worth Watching

While Lerøy Seafood Group ASA ( OB:LSG ) might not have the largest market cap around , it saw a decent share price...
Analysis Article Oct 18

Returns On Capital At Lerøy Seafood Group (OB:LSG) Have Stalled

What are the early trends we should look for to identify a stock that could multiply in value over the long term? One...
Analysis Article Sep 16

There's Reason For Concern Over Lerøy Seafood Group ASA's (OB:LSG) Price

With a price-to-earnings (or "P/E") ratio of 18.1x Lerøy Seafood Group ASA ( OB:LSG ) may be sending very bearish...
Analysis Article Aug 05

Is Lerøy Seafood Group (OB:LSG) A Risky Investment?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Jul 14

Some Investors May Be Worried About Lerøy Seafood Group's (OB:LSG) Returns On Capital

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? In a perfect world...
Analysis Article Jun 17

Why Investors Shouldn't Be Surprised By Lerøy Seafood Group ASA's (OB:LSG) Low P/S

Lerøy Seafood Group ASA's ( OB:LSG ) price-to-sales (or "P/S") ratio of 0.9x may look like a pretty appealing...
Analysis Article Jan 26

The Market Doesn't Like What It Sees From Lerøy Seafood Group ASA's (OB:LSG) Revenues Yet

With a price-to-sales (or "P/S") ratio of 0.8x Lerøy Seafood Group ASA ( OB:LSG ) may be sending bullish signals at the...
Analysis Article Dec 15

Lerøy Seafood Group (OB:LSG) Has A Pretty Healthy Balance Sheet

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Oct 19

Lerøy Seafood Group (OB:LSG) Will Be Hoping To Turn Its Returns On Capital Around

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'd want to...
Analysis Article Aug 23

Is Lerøy Seafood Group ASA (OB:LSG) Potentially Undervalued?

While Lerøy Seafood Group ASA ( OB:LSG ) might not be the most widely known stock at the moment, it received a lot of...
Analysis Article Aug 05

Is Lerøy Seafood Group (OB:LSG) A Risky Investment?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Jul 17

Lerøy Seafood Group (OB:LSG) Has Some Way To Go To Become A Multi-Bagger

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Ideally, a...
Analysis Article May 18

At kr51.85, Is It Time To Put Lerøy Seafood Group ASA (OB:LSG) On Your Watch List?

Lerøy Seafood Group ASA ( OB:LSG ), might not be a large cap stock, but it received a lot of attention from a...
Analysis Article Feb 16

Is There An Opportunity With Lerøy Seafood Group ASA's (OB:LSG) 37% Undervaluation?

In this article we are going to estimate the intrinsic value of Lerøy Seafood Group ASA ( OB:LSG ) by taking the...
Analysis Article Feb 03

What Is Lerøy Seafood Group ASA's (OB:LSG) Share Price Doing?

Lerøy Seafood Group ASA ( OB:LSG ), might not be a large cap stock, but it received a lot of attention from a...
Analysis Article Jan 04

We Think Lerøy Seafood Group (OB:LSG) Can Stay On Top Of Its Debt

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Dec 22

Investors Could Be Concerned With Lerøy Seafood Group's (OB:LSG) Returns On Capital

What are the early trends we should look for to identify a stock that could multiply in value over the long term? One...
Analysis Article Nov 07

Lerøy Seafood Group ASA's (OB:LSG) Intrinsic Value Is Potentially 32% Above Its Share Price

How far off is Lerøy Seafood Group ASA ( OB:LSG ) from its intrinsic value? Using the most recent financial data, we'll...
Analysis Article Oct 09

When Should You Buy Lerøy Seafood Group ASA (OB:LSG)?

Lerøy Seafood Group ASA ( OB:LSG ), is not the largest company out there, but it received a lot of attention from a...

Shareholder Returns

LSGNO FoodNO Market
7D-0.8%1.5%3.3%
1Y-14.0%-6.1%12.4%

Return vs Industry: LSG underperformed the Norwegian Food industry which returned -6.1% over the past year.

Return vs Market: LSG underperformed the Norwegian Market which returned 12.4% over the past year.

Price Volatility

Is LSG's price volatile compared to industry and market?
LSG volatility
LSG Average Weekly Movement3.2%
Food Industry Average Movement4.9%
Market Average Movement5.3%
10% most volatile stocks in NO Market11.2%
10% least volatile stocks in NO Market2.9%

Stable Share Price: LSG has not had significant price volatility in the past 3 months compared to the Norwegian market.

Volatility Over Time: LSG's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18996,000Henning Beltestadwww.leroyseafood.com

Lerøy Seafood Group ASA produces, processes, markets, sells, and distributes seafood products. The company operates in three segments: Wildcatch; Farming; and Value-Added Processing, Sales, and Distribution. It offers salmon and trout, whole fish, fillets, portions, smoked, graved, block, cured, ready-to-eat, and ready-to-cook products.

Lerøy Seafood Group ASA Fundamentals Summary

How do Lerøy Seafood Group's earnings and revenue compare to its market cap?
LSG fundamental statistics
Market capNOK 23.28b
Earnings (TTM)NOK 1.04b
Revenue (TTM)NOK 34.50b
22.4x
P/E Ratio
0.7x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
LSG income statement (TTM)
RevenueNOK 34.50b
Cost of RevenueNOK 18.44b
Gross ProfitNOK 16.05b
Other ExpensesNOK 15.02b
EarningsNOK 1.04b

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

Aug 19, 2026

Earnings per share (EPS)1.74
Gross Margin46.54%
Net Profit Margin3.01%
Debt/Equity Ratio46.6%

How did LSG perform over the long term?

See historical performance and comparison

Dividends

6.4%
Current Dividend Yield
144%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/09 22:44
End of Day Share Price 2026/07/09 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Lerøy Seafood Group ASA is covered by 13 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullABG Sundal Collier
Alexander SloaneBarclays
Setu ShardaBarclays