Mowi ASA

LSE:0OAW Stock Report

Market Cap: NOK 102.6b

Mowi Valuation

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

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Discounted Cash Flow
Simply Wall St
NOK 342.35
Fair Value
42.2% undervalued intrinsic discount
10
Number of Analysts

Below Fair Value: 0OAW (NOK197.73) is trading below our estimate of fair value (NOK342.35)

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

Key Valuation Metric

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

Key metric: As 0OAW is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 0OAW. This is calculated by dividing 0OAW's market cap by their current earnings.
What is 0OAW's PE Ratio?
PE Ratio18.9x
Earnings€468.50m
Market Cap€8.85b

Price to Earnings Ratio vs Peers

How does 0OAW's PE Ratio compare to its peers?

The above table shows the PE ratio for 0OAW vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average15.1x
ABF Associated British Foods
9.2x4.2%UK£13.3b
CWK Cranswick
22.6x8.0%UK£2.6b
TATE Tate & Lyle
14.7x13.1%UK£2.3b
PFD Premier Foods
14x6.6%UK£1.6b
0OAW Mowi
18.9x22.9%NOK 102.6b

Price-To-Earnings vs Peers: 0OAW is expensive based on its Price-To-Earnings Ratio (18.9x) compared to the peer average (15.1x).

Price to Earnings Ratio vs Industry

How does 0OAW's PE Ratio compare vs other companies in the European Food Industry?

4 CompaniesPrice / EarningsEstimated GrowthMarket Cap
0OAW 18.9xIndustry Avg. 14.3xNo. of Companies18PE01020304050+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 0OAW is expensive based on its Price-To-Earnings Ratio (18.9x) compared to the European Food industry average (14.3x).

Price to Earnings Ratio vs Fair Ratio

What is 0OAW's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

0OAW PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio18.9x
Fair PE Ratio21.4x

Price-To-Earnings vs Fair Ratio: 0OAW is good value based on its Price-To-Earnings Ratio (18.9x) compared to the estimated Fair Price-To-Earnings Ratio (21.4x).

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 0OAW forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentNOK 197.73
NOK 220.77
+11.6%
8.3%NOK 251.24NOK 187.84n/a10
Mar ’26NOK 209.10
NOK 220.77
+5.6%
8.3%NOK 251.24NOK 187.84n/a10
Feb ’26NOK 227.77
NOK 220.77
-3.1%
8.3%NOK 251.24NOK 187.84n/a10
Jan ’26NOK 195.32
NOK 220.77
+13.0%
8.3%NOK 251.24NOK 187.84n/a10
Dec ’25NOK 200.68
NOK 220.16
+9.7%
9.6%NOK 252.40NOK 178.83n/a10
Nov ’25NOK 189.57
NOK 220.12
+16.1%
10.5%NOK 247.81NOK 181.33n/a10
Oct ’25NOK 190.92
NOK 219.06
+14.7%
10.7%NOK 245.73NOK 179.74n/a10
Sep ’25NOK 184.99
NOK 226.18
+22.3%
9.8%NOK 254.52NOK 179.14n/a10
Aug ’25NOK 184.85
NOK 230.72
+24.8%
9.4%NOK 258.27NOK 186.26n/a10
Jul ’25NOK 177.19
NOK 227.93
+28.6%
8.2%NOK 259.39NOK 195.52n/a10
Jun ’25NOK 186.89
NOK 228.84
+22.4%
9.0%NOK 264.75NOK 194.72n/a10
May ’25NOK 195.23
NOK 234.05
+19.9%
9.1%NOK 275.48NOK 203.20n/a10
Apr ’25NOK 198.95
NOK 232.40
+16.8%
10.6%NOK 271.17NOK 190.82n/a11
Mar ’25NOK 207.87
NOK 229.77
+10.5%
8.3%NOK 249.32NOK 189.98NOK 209.1010
Feb ’25NOK 189.68
NOK 222.80
+17.5%
10.0%NOK 248.28NOK 181.32NOK 227.7711
Jan ’25NOK 181.93
NOK 211.28
+16.1%
9.1%NOK 235.26NOK 170.19NOK 195.3211
Dec ’24NOK 191.50
NOK 217.36
+13.5%
9.3%NOK 243.81NOK 176.38NOK 200.6811
Nov ’24NOK 178.21
NOK 220.68
+23.8%
7.7%NOK 242.43NOK 187.43NOK 189.5711
Oct ’24NOK 189.60
NOK 215.08
+13.4%
8.8%NOK 246.14NOK 174.12NOK 190.9210
Sep ’24NOK 191.26
NOK 215.41
+12.6%
8.7%NOK 246.91NOK 174.66NOK 184.9910
Aug ’24NOK 177.34
NOK 214.91
+21.2%
10.2%NOK 240.42NOK 166.26NOK 184.8511
Jul ’24NOK 170.14
NOK 225.67
+32.6%
10.9%NOK 267.82NOK 174.89NOK 177.1911
Jun ’24NOK 192.63
NOK 233.95
+21.5%
9.6%NOK 271.35NOK 181.11NOK 186.8911
May ’24NOK 202.72
NOK 224.17
+10.6%
9.5%NOK 256.45NOK 174.69NOK 195.2311
Apr ’24NOK 190.72
NOK 212.80
+11.6%
8.1%NOK 240.73NOK 176.48NOK 198.9511
Mar ’24NOK 177.27
NOK 204.57
+15.4%
8.4%NOK 232.95NOK 170.78NOK 207.8711
Analyst Price Target
Consensus Narrative from 10 Analysts
NOK 219.92
Fair Value
10.1% undervalued intrinsic discount
10
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/03/13 23:37
End of Day Share Price 2025/03/13 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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.

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

Mowi ASA is covered by 25 analysts. 10 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
Maarten BakkerABN AMRO Bank N.V.
Thomas LorckArctic Securities ASA