Norwegian Food, Beverage & Tobacco Potentially Undervalued Companies

Mowi

Market Cap: NOK 113.8b

A seafood company, produces and sells Atlantic salmon products worldwide.

Kaldvik

Market Cap: NOK 676.4m

Engages in the salmon farming business in Iceland.

Austevoll Seafood

Market Cap: NOK 20.8b

A seafood company, produces and sells salmon and trout, whitefish, and pelagic in Norway, the European Union, the United Kingdom, Eastern Europe, Africa, North America, Asia, and South America.

Arctic Fish Holding

Market Cap: NOK 1.6b

Engages in the salmon farming activities in the Westfjords, Iceland.

Nordic Aqua Partners

Market Cap: NOK 1.6b

Primarily engages in the land-based Atlantic salmon farming in the People’s Republic of China.

Dellia Group

Market Cap: NOK 2.1b

Engages in the sale of dried fruit products.

Måsøval

Market Cap: NOK 3.8b

An aquaculture company, produces and sells salmon in Norway and internationally.

Orkla

Market Cap: NOK 120.5b

Operates as an industrial investment company within brands and consumer-oriented businesses worldwide.

P/F Bakkafrost

Market Cap: NOK 28.1b

Engages in the production and sale of salmon products in North America, Western Europe, Eastern Europe, Asia, and internationally.

Andfjord Salmon Group

Market Cap: NOK 3.2b

Engages in the land-based farming of Atlantic salmon in Norway.

Nordic Halibut

Market Cap: NOK 1.1b

Produces and sells farmed Atlantic halibut products in Norway, the United States, the European Union, the United Kingdom, and internationally.

Icelandic Salmon

Market Cap: NOK 2.4b

Engages in production, processing, and sale of salmon and salmon-based products in Europe, North America, and Asia.

Proximar Seafood

Market Cap: NOK 246.0m

A seafood company, engages in the land-based fish farming in Japan.