Proximar Seafood AS

DB:84Q Stock Report

Market Cap: €40.8m

Proximar Seafood Valuation

Is 84Q undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 84Q when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
€7.73
Fair Value
96.5% undervalued intrinsic discount
3
Number of Analysts

Below Fair Value: 84Q (€0.27) is trading below our estimate of fair value (€7.73)

Significantly Below Fair Value: 84Q is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 84Q?

Key metric: As 84Q barely has revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for 84Q. This is calculated by dividing 84Q's market cap by their current book value.
What is 84Q's PB Ratio?
PB Ratio1x
BookNOK 470.80m
Market CapNOK 479.12m

Price to Book Ratio vs Peers

How does 84Q's PB Ratio compare to its peers?

The above table shows the PB ratio for 84Q vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average3.4x
SMB Schwälbchen Molkerei Jakob Berz
1.5xn/a€55.8m
VEZ Veganz Group
7.8xn/a€8.4m
NLM FRoSTA
2.1xn/a€493.9m
SSH Südwestdeutsche Salzwerke
2.3xn/a€588.4m
84Q Proximar Seafood
1x56.8%€479.1m

Price-To-Book vs Peers: 84Q is good value based on its Price-To-Book Ratio (1x) compared to the peer average (3.4x).

Price to Book Ratio vs Industry

How does 84Q's PB Ratio compare vs other companies in the European Food Industry?

9 CompaniesPrice / BookEstimated GrowthMarket Cap
84Q 1.0xIndustry Avg. 1.2xNo. of Companies27PB00.81.62.43.24+
9 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: 84Q is good value based on its Price-To-Book Ratio (1x) compared to the European Food industry average (1.2x).

Price to Book Ratio vs Fair Ratio

What is 84Q's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

84Q PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio1x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate 84Q's Price-To-Book Fair Ratio for valuation analysis.

Analyst Price Targets

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

The above table shows the analyst 84Q forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€0.27
€0.43
+57.7%
8.2%€0.47€0.39n/a3
Jan ’26€0.28
€0.42
+47.8%
8.2%€0.46€0.38n/a3
Dec ’25€0.28
€0.41
+48.1%
5.3%€0.43€0.39n/a2
Nov ’25€0.29
€0.42
+47.0%
10.0%€0.46€0.38n/a2
Oct ’25€0.30
€0.43
+42.2%
10.0%€0.47€0.38n/a2
Sep ’25€0.32
€0.45
+40.2%
14.3%€0.51€0.38n/a2
Dec ’24€0.25
€0.40
+64.5%
4.2%€0.42€0.39€0.282
Nov ’24€0.41
€0.50
+21.4%
13.0%€0.56€0.43€0.292
Oct ’24€0.45
€0.54
+18.6%
13.8%€0.61€0.43€0.303
Sep ’24€0.47
€0.54
+12.6%
13.8%€0.61€0.43€0.323
Aug ’24€0.44
€0.54
+21.3%
13.8%€0.61€0.43€0.313
Jul ’24€0.39
€0.54
+38.6%
13.8%€0.61€0.43€0.293
Jun ’24€0.34
€0.54
+55.5%
13.8%€0.61€0.43€0.313
May ’24€0.44
€0.59
+35.6%
19.6%€0.72€0.44€0.293
Apr ’24€0.46
€0.59
+28.6%
19.6%€0.72€0.44€0.253
Mar ’24€0.63
€0.77
+21.5%
34.1%€1.09€0.46€0.263
Feb ’24€0.48
€0.72
+51.3%
42.5%€1.16€0.48€0.243
Analyst Price Target
Consensus Narrative from 3 Analysts
€0.40
Fair Value
32.2% undervalued intrinsic discount
3
Number of Analysts

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

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/03 17:21
End of Day Share Price 2025/02/03 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

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 .

Analyst Sources

Proximar Seafood AS is covered by 4 analysts. 3 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
Mindaugas CekanaviciusNorne Securities AS
Carl-Emil JohannessenPareto Securities