How does 60E's PS Ratio compare to its peers?

60E is expensive based on its Price-To-Sales Ratio (7.4x) compared to the peer average (0.7x).

How does 60E's PS Ratio compare vs other companies in the European Food Industry?

60E is expensive based on its Price-To-Sales Ratio (7.4x) compared to the European Food industry average (0.7x).

What is 60E's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate 60E's Price-To-Sales Fair Ratio for valuation analysis.

What is the Fair Price of 60E when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Insufficient data to calculate 60E's fair value for valuation analysis.

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

Salmon Evolution (BST:60E) - Stock Price, News & Analysis

60E Stock Overview

Operates as a land-based salmon farming company in Norway and internationally. More details

60E fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	5/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Rewards

Earnings are forecast to grow 60.84% per year

Analysts in good agreement that stock price will rise by 47.2%

Risk Analysis

Has less than 1 year of cash runway

Shares are highly illiquid

Shareholders have been diluted in the past year

Salmon Evolution ASA Competitors

FRoSTA

DB:NLM

€415.6m

Südwestdeutsche Salzwerke

DB:SSH

€609.4m

Schwälbchen Molkerei Jakob Berz

DB:SMB

€55.8m

Südzucker

XTRA:SZU

€2.2b

Price History & Performance

Summary of all time highs, changes and price drops for Salmon Evolution
Historical stock prices
Current Share Price	NOK 0.55
52 Week High	NOK 0.72
52 Week Low	NOK 0.52
Beta	0.57
11 Month Change	-7.87%
3 Month Change	n/a
1 Year Change	n/a
33 Year Change	-30.90%
5 Year Change	n/a
Change since IPO	-17.84%

Recent updates

Shareholder Returns

	60E	DE Food	DE Market
7D	-2.0%	0.5%	0.8%
1Y	n/a	-8.7%	8.6%

Return vs Industry: Insufficient data to determine how 60E performed against the German Food industry.

Return vs Market: Insufficient data to determine how 60E performed against the German Market.

Price Volatility

Is 60E's price volatile compared to industry and market?
60E volatility
60E Average Weekly Movement	n/a
Food Industry Average Movement	3.8%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	10.9%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: 60E's share price has been volatile over the past 3 months compared to the German market.

Volatility Over Time: Insufficient data to determine 60E's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2017	69	Trond Schaug-Pettersen	www.salmonevolution.no

Salmon Evolution ASA, together with its subsidiaries, operates as a land-based salmon farming company in Norway and internationally. It focuses on the production of salmon meals. Salmon Evolution ASA was founded in 2017 and is headquartered in Elnesvågen, Norway.

Salmon Evolution ASA Fundamentals Summary

How do Salmon Evolution's earnings and revenue compare to its market cap?
60E fundamental statistics
Market cap	€259.91m
Earnings (TTM)	-€6.09m
Revenue (TTM)	€35.08m

7.4x

P/S Ratio

-42.7x

P/E Ratio

Is 60E overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
60E income statement (TTM)
Revenue	NOK 410.89m
Cost of Revenue	NOK 137.69m
Gross Profit	NOK 273.20m
Other Expenses	NOK 344.57m
Earnings	-NOK 71.37m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 11, 2025

Earnings per share (EPS)	-0.15
Gross Margin	66.49%
Net Profit Margin	-17.37%
Debt/Equity Ratio	30.5%

How did 60E perform over the long term?

See historical performance and comparison

60E Stock Overview

Rewards

Risk Analysis

Salmon Evolution ASA Competitors

DB:NLM

€415.6m

DB:SSH

€609.4m

DB:SMB

€55.8m

XTRA:SZU

€2.2b

Price History & Performance

Recent News & Updates

Salmon Evolution ASA, Annual General Meeting, Jun 05, 2025

Salmon Evolution ASA to Report Fiscal Year 2024 Results on Apr 11, 2025

Third quarter 2024 earnings released: kr0.06 loss per share (vs kr0.09 loss in 3Q 2023)

Forecast breakeven date pushed back to 2026

Forecast breakeven date pushed back to 2025

Second quarter 2024 earnings released: EPS: kr0.01 (vs kr0.07 loss in 2Q 2023)

Recent updates

Salmon Evolution ASA, Annual General Meeting, Jun 05, 2025

Salmon Evolution ASA to Report Fiscal Year 2024 Results on Apr 11, 2025

Third quarter 2024 earnings released: kr0.06 loss per share (vs kr0.09 loss in 3Q 2023)

Forecast breakeven date pushed back to 2026

Forecast breakeven date pushed back to 2025

Second quarter 2024 earnings released: EPS: kr0.01 (vs kr0.07 loss in 2Q 2023)

Salmon Evolution ASA Provides Production Guidance for the Third Quarter of 2024

New minor risk - Shareholder dilution

Salmon Evolution ASA announced that it expects to receive NOK 350 million in funding from Ronja Capital AS, Dongwon Industries Co., Ltd., Stette Invest AS, Jawendel AS, KjølÅS Stansekniver As, Farvatn Private Equity As

Janne Grethe Strand Aasnæs Resigns as Board Member of Salmon Evolution ASA

High number of new directors

High number of new directors

Salmon Evolution ASA to Report Q1, 2024 Results on May 07, 2024

High number of new directors

High number of new directors

Second quarter 2023 earnings released: kr0.07 loss per share (vs kr0.03 loss in 2Q 2022)

High number of new directors

High number of new directors

Salmon Evolution ASA Announces Board Changes

Forecast breakeven date moved forward to 2023

Forecast breakeven date pushed back to 2024

High number of new directors

Salmon Evolution ASA Appoints Trond Håkon Schaug-Pettersen as CEO

Salmon Evolution ASA to Report Fiscal Year 2022 Final Results on Apr 18, 2023

Salmon Evolution ASA to Report Q1, 2023 Results on May 23, 2023

Independent Director recently bought €260k worth of stock

High number of new and inexperienced directors

Salmon Evolution ASA Announces CEO Changes

High number of new and inexperienced directors

Salmon Evolution ASA Announces Executive Changes Member of the Board

High number of new and inexperienced directors

High number of new and inexperienced directors

Full year 2021 earnings released: kr0.091 loss per share (vs kr0.13 loss in FY 2020)

Salmon Evolution ASA Completes the First Smolt Release At Indre Harøy

No independent directors

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Insider recently bought €136k worth of stock

Salmon Evolution ASA Provides Production Guidance for Year 2023

Chief Executive Officer recently sold €158k worth of stock

Chief Executive Officer recently bought €20k worth of stock

Forecast to breakeven in 2023

Director recently bought €30k worth of stock

Salmon Evolution ASA (OB:SALME) agreed to acquire Kraft Laks AS from Knut Endre Heltne and other sellers for NOK 76.5 million.

Chief Executive Officer recently bought €55k worth of stock

Salmon Evolution Holding Approves Changes to Its Board

Revenue beats expectations

Salmon Evolution Holding AS Establishes Joint Venture with Dongwon Industries

Shareholder Returns

Price Volatility

About the Company

Salmon Evolution ASA Fundamentals Summary

7.4x

-42.7x

Earnings & Revenue