Atlantic Sapphire ASA

LSE:0AAG Stock Report

Market Cap: NOK 653.3m

Atlantic Sapphire Valuation

Is 0AAG undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 0AAG when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 0AAG (NOK0.08) is trading below our estimate of fair value (NOK16.12)

Significantly Below Fair Value: 0AAG is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 0AAG?

Key metric: As 0AAG is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 0AAG. This is calculated by dividing 0AAG's market cap by their current revenue.
What is 0AAG's PS Ratio?
PS Ratio3.4x
SalesUS$17.13m
Market CapUS$57.49m

Price to Sales Ratio vs Peers

How does 0AAG's PS Ratio compare to its peers?

The above table shows the PS ratio for 0AAG vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average2x
ANP Anpario
2.4x17.2%UK£79.7m
FIF Finsbury Food Group
0.3x4.3%UK£136.5m
OHT Ocean Harvest Technology Group
4.9xn/aUK£10.4m
DKL Dekel Agri-Vision
0.3x10.1%UK£8.0m
0AAG Atlantic Sapphire
3.4x26.7%NOK 653.3m

Price-To-Sales vs Peers: 0AAG is expensive based on its Price-To-Sales Ratio (3.4x) compared to the peer average (2.5x).

Price to Sales Ratio vs Industry

How does 0AAG's PS Ratio compare vs other companies in the GB Food Industry?

5 CompaniesPrice / SalesEstimated GrowthMarket Cap
MHPC MHP
0.2xn/aUS$533.05m
WYN Wynnstay Group
0.1x-3.5%US$90.91m
RGD Real Good Food
0.04xn/aUS$1.84m
UKR Ukrproduct Group
0.03xn/aUS$1.24m
0AAG 3.4xIndustry Avg. 0.7xNo. of Companies5PS00.81.62.43.24+
5 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 0AAG is expensive based on its Price-To-Sales Ratio (3.4x) compared to the UK Food industry average (0.7x).

Price to Sales Ratio vs Fair Ratio

What is 0AAG'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.

0AAG PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio3.4x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 0AAG's Price-To-Sales 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 0AAG forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentNOK 0.082
NOK 55.94
+68,373.3%
10.5%NOK 61.83NOK 50.06n/a2
Dec ’25n/a
NOK 55.94
0%
10.5%NOK 61.83NOK 50.06n/a2
Nov ’25n/a
NOK 55.12
0%
9.4%NOK 60.32NOK 49.92n/a2
Oct ’25n/a
NOK 55.12
0%
9.4%NOK 60.32NOK 49.92n/a2
Sep ’25n/a
NOK 54.78
0%
9.1%NOK 59.77NOK 49.79n/a2
Aug ’25NOK 6.24
NOK 35.27
+465.2%
41.8%NOK 50.00NOK 20.54n/a2
Jul ’25NOK 8.91
NOK 35.27
+295.8%
41.8%NOK 50.00NOK 20.54n/a2
Jun ’25n/a
NOK 35.27
0%
41.8%NOK 50.00NOK 20.54n/a2
May ’25n/a
NOK 35.27
0%
41.8%NOK 50.00NOK 20.54n/a2
Apr ’25n/a
NOK 35.27
0%
41.8%NOK 50.00NOK 20.54n/a2
Mar ’25NOK 12.00
NOK 49.66
+313.8%
49.9%NOK 80.69NOK 20.09n/a3
Feb ’25NOK 16.66
NOK 40.72
+144.4%
63.7%NOK 80.09NOK 15.04n/a4
Jan ’25NOK 16.10
NOK 57.48
+257.0%
50.7%NOK 87.73NOK 14.12NOK 0.0824
Dec ’24NOK 12.04
NOK 59.55
+394.5%
50.6%NOK 91.25NOK 14.68n/a4
Nov ’24n/a
NOK 73.71
0%
23.0%NOK 89.75NOK 50.28n/a3
Oct ’24NOK 15.70
NOK 73.71
+369.5%
23.0%NOK 89.75NOK 50.28n/a3
Sep ’24n/a
NOK 80.01
0%
22.9%NOK 99.16NOK 50.22n/a4
Aug ’24NOK 60.60
NOK 83.19
+37.3%
17.9%NOK 99.89NOK 59.42NOK 6.245
Jul ’24NOK 65.50
NOK 83.19
+27.0%
17.9%NOK 99.89NOK 59.42NOK 8.915
Jun ’24NOK 55.80
NOK 85.72
+53.6%
18.7%NOK 104.40NOK 59.96n/a5
May ’24NOK 50.52
NOK 80.93
+60.2%
29.8%NOK 100.24NOK 40.12n/a4
Apr ’24NOK 56.70
NOK 80.93
+42.7%
29.8%NOK 100.24NOK 40.12n/a4
Mar ’24NOK 75.90
NOK 72.00
-5.1%
29.0%NOK 92.94NOK 37.19NOK 12.005
Feb ’24NOK 100.70
NOK 72.00
-28.5%
29.0%NOK 92.94NOK 37.19NOK 16.665
Jan ’24NOK 72.43
NOK 66.84
-7.7%
27.4%NOK 92.13NOK 36.87NOK 16.105

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/02 17:40
End of Day Share Price 2024/12/27 00:00
Earnings2024/06/30
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

Atlantic Sapphire ASA is covered by 6 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
Alexander JonesBofA Global Research
Ole-Andreas KrohnDNB Markets
Martin KarlsenDNB Markets