P/F Bakkafrost (BAKKA) Stock Overview
Engages in the production and sale of salmon products in North America, Western Europe, Eastern Europe, Asia, and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 4/6 |
| Past Performance | 4/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
No risks detected for BAKKA from our risk checks.
BAKKA Community Fair Values
Create NarrativeSee what 14 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
P/F Bakkafrost Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | NOK 458.40 |
| 52 Week High | NOK 526.00 |
| 52 Week Low | NOK 388.00 |
| Beta | 0.56 |
| 1 Month Change | -0.78% |
| 3 Month Change | 2.83% |
| 1 Year Change | -3.49% |
| 3 Year Change | -38.55% |
| 5 Year Change | -40.05% |
| Change since IPO | 1,232.56% |
Recent News & Updates
Recent updates
Narrative Update • Mar 12
BAKKA: Future Cash Flows Will Reward Solid Execution And Supportive Research
Analysts have lifted their price target on P/F Bakkafrost to NOK 501.93, supported by an unchanged discount rate of 6.514% and only minimal tweaks to revenue growth, profit margin and future P/E assumptions. Analyst Commentary Recent research points to growing confidence around P/F Bakkafrost, with the higher price target built on only modest refinements to growth, margin and P/E assumptions rather than any sweeping change in the underlying model.Narrative Update • Feb 26
BAKKA: Fairly Valued View Will Emphasise Execution And Constructive Research Tone
The analyst price target for P/F Bakkafrost has edged down slightly to NOK 501.93 from NOK 503.32, with analysts pointing to updated assumptions around revenue growth, profit margins and future P/E, reflecting recent research that has become more constructive on the shares overall. Analyst Commentary Recent research on P/F Bakkafrost has become more constructive overall, even as the average price target has been adjusted slightly.Analysis Article • Feb 11
Here's What Analysts Are Forecasting For P/F Bakkafrost (OB:BAKKA) After Its Yearly Results
The yearly results for P/F Bakkafrost ( OB:BAKKA ) were released last week, making it a good time to revisit its...Narrative Update • Feb 09
BAKKA: Fairly Valued View Will Emphasise Execution And Harvest Delivery
Analysts have trimmed their fair value estimate for P/F Bakkafrost from €529.30 to €503.32, citing updated assumptions around discount rates, revenue growth, profit margins and future P/E multiples, with recent Street research turning more constructive on the shares overall. Analyst Commentary Bullish Takeaways Bullish analysts see the fair value trim from €529.30 to €503.32 as relatively modest and view the new level as still supportive of a constructive long term stance on the shares.Analysis Article • Feb 04
P/F Bakkafrost's (OB:BAKKA) P/E Is On The Mark
P/F Bakkafrost's ( OB:BAKKA ) price-to-earnings (or "P/E") ratio of 43.1x might make it look like a strong sell right...Narrative Update • Jan 21
BAKKA: Upgraded NOK 540 View Will Emphasise Execution And Harvest Delivery
Narrative Update on P/F Bakkafrost The analyst price target for P/F Bakkafrost has shifted slightly to NOK 540, as analysts align their views with updated assumptions on fair value, growth, margins, and P/E following recent research support. Analyst Commentary Recent research support reflects a more constructive view on P/F Bakkafrost, with the NOK 540 price target acting as a reference point for what some analysts see as a reasonable fair value under updated assumptions.Narrative Update • Jan 07
BAKKA: NOK 540 Outlook Will Highlight Steady Operations And Execution Risk
Analysts have slightly raised their price target on P/F Bakkafrost to about NOK 540 from roughly NOK 538, citing updated assumptions around fair value and future P/E, while keeping core growth and margin expectations broadly unchanged. Analyst Commentary Bullish Takeaways Bullish analysts see the NOK 540 price target as aligned with their fair value work, suggesting current pricing assumptions and P/E expectations still support the investment case.Narrative Update • Dec 24
BAKKA: Upgraded NOK 540 View Will Emphasize Resilient Operations And Ongoing Risks
Narrative Update on P/F Bakkafrost The analyst price target for P/F Bakkafrost has been nudged higher to NOK 540, reflecting analysts' more constructive view on the company’s earnings resilience and valuation following recent upgrades, despite only marginal tweaks to long term growth and profitability assumptions. Analyst Commentary Bullish analysts view the upgrade and NOK 540 price target as confirmation that P/F Bakkafrost is better positioned to navigate near term volatility than previously assumed, with a more supportive risk reward profile at current levels.Narrative Update • Dec 10
BAKKA: Raised NOK 540 Outlook Will Highlight Stable Margins And Execution Risks
Analysts have raised their price target for P/F Bakkafrost to NOK 540, reflecting increased conviction in the company’s outlook following an upgrade to Buy and a more favorable assessment of its earnings potential. Analyst Commentary Bullish analysts highlight that the upgrade to Buy reflects growing confidence in P/F Bakkafrost’s ability to execute on its operational plans and deliver more resilient earnings over the medium term.Narrative Update • Nov 26
BAKKA: Upgraded Ratings Will Drive Shares On Stronger Margins This Year
The analyst price target for P/F Bakkafrost has been raised from NOK 532.01 to NOK 538.25, as analysts cite improved revenue growth and higher profit margins in their updated outlook. Analyst Commentary Recent analyst actions indicate a shift in sentiment for P/F Bakkafrost, with notable upgrades reflecting improving outlooks.Narrative Update • Nov 11
BAKKA: Production Strength And Improved Margins Will Shape Outlook Amid Industry Challenges
The analyst fair value estimate for P/F Bakkafrost has increased from NOK 509.27 to NOK 532.01. Analysts cite improved profit margins and recent upgrades to their outlook on the company as reasons for this change.Analysis Article • Nov 07
Earnings Update: P/F Bakkafrost (OB:BAKKA) Just Reported Its Third-Quarter Results And Analysts Are Updating Their Forecasts
Investors in P/F Bakkafrost ( OB:BAKKA ) had a good week, as its shares rose 6.8% to close at kr497 following the...Narrative Update • Oct 28
Earnings Resilience And Market Optimism Will Fuel Salmon Industry Expansion
Analysts have raised their fair value estimate for P/F Bakkafrost from NOK 480 to approximately NOK 509. They cite recent upgrades in rating and improved profit margin expectations as primary factors supporting the new price target.Narrative Update • Oct 04
Rising Global Middle-Class Demand Will Expand Salmon Markets
Analysts have slightly lowered their price target on P/F Bakkafrost from NOK 492.07 to NOK 479.58. This change is due to minor adjustments to revenue growth projections and updated profit margin expectations.Narrative Update • Aug 29
Rising Global Middle-Class Demand Will Expand Salmon Markets
The consensus price target for P/F Bakkafrost has edged lower to NOK492.07, as a sharp increase in future P/E outpaces upgraded revenue growth expectations. What's in the News P/F Bakkafrost reported Q2 2025 harvest volumes of 16,000 tons in the Faroe Islands and 7,000 tons in Scotland, reflecting ongoing operational performance (Key Developments).Analysis Article • Jul 01
P/F Bakkafrost (OB:BAKKA) May Have Issues Allocating Its Capital
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'd want to...Analysis Article • Jun 11
P/F Bakkafrost's (OB:BAKKA) P/E Is On The Mark
P/F Bakkafrost's ( OB:BAKKA ) price-to-earnings (or "P/E") ratio of 72.9x might make it look like a strong sell right...Analysis Article • May 22
Results: P/F Bakkafrost Delivered A Surprise Loss And Now Analysts Have New Forecasts
Shareholders might have noticed that P/F Bakkafrost ( OB:BAKKA ) filed its quarterly result this time last week. The...Analysis Article • Jan 07
Is P/F Bakkafrost (OB:BAKKA) Using Too Much Debt?
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
New Narrative • Dec 23
Expanding Harvest Volumes And Sustainable Practices Will Drive Earnings Growth
Expansion in freshwater operations and transition to larger smolt may improve revenue and reduce costs through efficient production and operations.Analysis Article • Nov 28
P/F Bakkafrost's (OB:BAKKA) Returns On Capital Not Reflecting Well On The Business
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Analysis Article • Nov 08
P/F Bakkafrost Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Shareholders might have noticed that P/F Bakkafrost ( OB:BAKKA ) filed its quarterly result this time last week. The...Analysis Article • Oct 01
There's Reason For Concern Over P/F Bakkafrost's (OB:BAKKA) Price
With a price-to-earnings (or "P/E") ratio of 25.3x P/F Bakkafrost ( OB:BAKKA ) may be sending very bearish signals at...Analysis Article • Sep 16
Is There An Opportunity With P/F Bakkafrost's (OB:BAKKA) 49% Undervaluation?
Key Insights Using the 2 Stage Free Cash Flow to Equity, P/F Bakkafrost fair value estimate is kr1,142 P/F Bakkafrost...Analysis Article • Aug 29
P/F Bakkafrost Just Missed Earnings; Here's What Analysts Are Forecasting Now
As you might know, P/F Bakkafrost ( OB:BAKKA ) recently reported its quarterly numbers. It was a pretty negative result...Analysis Article • Aug 06
Is P/F Bakkafrost (OB:BAKKA) Using Too Much Debt?
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Analysis Article • Jul 19
The Returns On Capital At P/F Bakkafrost (OB:BAKKA) Don't Inspire Confidence
If you're looking for a multi-bagger, there's a few things to keep an eye out for. Ideally, a business will show two...Analysis Article • Apr 29
P/F Bakkafrost (OB:BAKKA) Is Paying Out Less In Dividends Than Last Year
P/F Bakkafrost ( OB:BAKKA ) has announced that on 21st of May, it will be paying a dividend ofDKK13.69, which a...Analysis Article • Apr 06
P/F Bakkafrost's (OB:BAKKA) Dividend Is Being Reduced To DKK13.26
P/F Bakkafrost's ( OB:BAKKA ) dividend is being reduced from last year's payment covering the same period to DKK13.26...Analysis Article • Feb 15
The Returns On Capital At P/F Bakkafrost (OB:BAKKA) Don't Inspire Confidence
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 • Jan 31
Does P/F Bakkafrost (OB:BAKKA) Have A Healthy Balance Sheet?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Analysis Article • Jan 15
Estimating The Intrinsic Value Of P/F Bakkafrost (OB:BAKKA)
Key Insights Using the 2 Stage Free Cash Flow to Equity, P/F Bakkafrost fair value estimate is kr594 P/F Bakkafrost's...Analysis Article • Jan 01
What You Can Learn From P/F Bakkafrost's (OB:BAKKA) P/E
With a price-to-earnings (or "P/E") ratio of 51.4x P/F Bakkafrost ( OB:BAKKA ) may be sending very bearish signals at...Analysis Article • Oct 16
P/F Bakkafrost's (OB:BAKKA) Intrinsic Value Is Potentially 20% Below Its Share Price
Key Insights The projected fair value for P/F Bakkafrost is kr410 based on Dividend Discount Model P/F Bakkafrost's...Analysis Article • Sep 15
P/F Bakkafrost (OB:BAKKA) Has A Somewhat Strained Balance Sheet
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Shareholder Returns
| BAKKA | NO Food | NO Market | |
|---|---|---|---|
| 7D | -1.0% | -2.5% | -2.3% |
| 1Y | -3.5% | 0.03% | 19.1% |
Return vs Industry: BAKKA underperformed the Norwegian Food industry which returned -0.6% over the past year.
Return vs Market: BAKKA underperformed the Norwegian Market which returned 19.9% over the past year.
Price Volatility
| BAKKA volatility | |
|---|---|
| BAKKA Average Weekly Movement | 4.3% |
| Food Industry Average Movement | 5.9% |
| Market Average Movement | 5.7% |
| 10% most volatile stocks in NO Market | 11.9% |
| 10% least volatile stocks in NO Market | 3.3% |
Stable Share Price: BAKKA has not had significant price volatility in the past 3 months compared to the Norwegian market.
Volatility Over Time: BAKKA's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1968 | 1,816 | Reja Jacobsen | www.bakkafrost.com |
P/F Bakkafrost, together with its subsidiaries, engages in the production and sale of salmon products in North America, Western Europe, Eastern Europe, Asia, and internationally. The company operates through seven segments: Fishmeal, Fish Oil and Fish Feed; Freshwater Faroe Islands; Freshwater Scotland; Farming Faroe Islands; Farming Scotland; Services; and Sales & Other. Its products include fresh and frozen whole salmon, fresh and frozen salmon fillets, fresh skin-packed salmon portions, frozen salmon portions and tails, frozen smoked salmon and salmon fillets, frozen salmon bits and pieces, frozen salmon off-cuts and belly flaps, frozen salmon heads, salmon backbones, and salmon skin.
P/F Bakkafrost Fundamentals Summary
| BAKKA fundamental statistics | |
|---|---|
| Market cap | NOK 27.18b |
| Earnings (TTM) | NOK 1.22b |
| Revenue (TTM) | NOK 10.42b |
22.4x
P/E Ratio2.6x
P/S RatioIs BAKKA overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| BAKKA income statement (TTM) | |
|---|---|
| Revenue | DKK 7.22b |
| Cost of Revenue | DKK 2.13b |
| Gross Profit | DKK 5.09b |
| Other Expenses | DKK 4.25b |
| Earnings | DKK 842.23m |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
Aug 31, 2026
| Earnings per share (EPS) | 14.20 |
| Gross Margin | 70.50% |
| Net Profit Margin | 11.66% |
| Debt/Equity Ratio | 36.4% |
How did BAKKA perform over the long term?
See historical performance and comparisonDividends
1.1%
Current Dividend Yield24%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/31 00:10 |
| End of Day Share Price | 2026/05/29 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
P/F Bakkafrost is covered by 9 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.
| Analyst | Institution |
|---|---|
| null null | ABG Sundal Collier |
| John Campbell | BofA Global Research |
| Niklas Ekman | Carnegie Investment Bank AB |