How does KLDVK's PS Ratio compare to its peers?

KLDVK is expensive based on its Price-To-Sales Ratio (3.4x) compared to the peer average (2x).

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

KLDVK is expensive based on its Price-To-Sales Ratio (3.4x) compared to the European Food industry average (0.7x).

What is KLDVK'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 KLDVK's Price-To-Sales Fair Ratio for valuation analysis.

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

KLDVK (ISK336) is trading below our estimate of [[fair value]] (ISK8903.94)

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, but there are not enough analysts covering the stock to determine [[statistical confidence]] in agreement.

Kaldvik ICSE:KLDVK Stock Report

Last Price

ISK 336.00

Market Cap

ISK 40.3b

7D

-6.7%

1Y

n/a

Updated

11 Jan, 2025

Data

Company Financials +

Kaldvik AS

ICSE:KLDVK Stock Report

Market Cap: ISK 40.3b

KLDVK Stock Overview

Ice Fish Farm AS engages in the salmon farming business in Iceland. More details

KLDVK fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	5/6
Past Performance	2/6
Financial Health	2/6
Dividends	0/6

Rewards

Trading at 96.2% below our estimate of its fair value

Earnings are forecast to grow 105.96% per year

Became profitable this year

Risk Analysis

Interest payments are not well covered by earnings

Highly volatile share price over the past 3 months compared to the IS market

My Notes

Capture your thoughts, links and company narrative

Kaldvik AS Competitors

Sildarvinnslan Hf

ICSE:SVN

ISK 175.4b

Brim hf

ICSE:BRIM

ISK 144.4b

Sláturfélags Suðurlands svf

ICSE:SFS B

ISK 1.6b

Ölgerðin Egill Skallagrímsson hf

ICSE:OLGERD

ISK 53.9b

Price History & Performance

Summary of share price highs, lows and changes for Kaldvik
Historical stock prices
Current Share Price	NOK 336.00
52 Week High	NOK 392.00
52 Week Low	NOK 310.00
Beta	0.60
1 Month Change	-14.29%
3 Month Change	-1.18%
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-0.59%

Recent News & Updates

Recent updates

Shareholder Returns

	KLDVK	IS Food	IS Market
7D	-6.7%	-1.3%	0.8%
1Y	n/a	-12.5%	5.6%

Return vs Industry: Insufficient data to determine how KLDVK performed against the IS Food industry.

Return vs Market: Insufficient data to determine how KLDVK performed against the IS Market.

Price Volatility

Is KLDVK's price volatile compared to industry and market?
KLDVK volatility
KLDVK Average Weekly Movement	5.8%
Food Industry Average Movement	4.1%
Market Average Movement	3.1%
10% most volatile stocks in IS Market	4.1%
10% least volatile stocks in IS Market	2.2%

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

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

About the Company

Founded	Employees	CEO	Website
2020	175	Roy-Tore Rikardsen	www.kaldvik.is

Ice Fish Farm AS engages in the salmon farming business in Iceland. It also operates smolt stations. The company was incorporated in 2020 and is headquartered in Seltjarnarnes, Iceland.

Kaldvik AS Fundamentals Summary

How do Kaldvik's earnings and revenue compare to its market cap?
KLDVK fundamental statistics
Market cap	ISK 40.27b
Earnings (TTM)	ISK 208.43m
Revenue (TTM)	ISK 11.88b

193.2x

P/E Ratio

3.4x

P/S Ratio

Is KLDVK overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
KLDVK income statement (TTM)
Revenue	€82.21m
Cost of Revenue	€27.43m
Gross Profit	€54.77m
Other Expenses	€53.33m
Earnings	€1.44m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 26, 2025

Earnings per share (EPS)	0.012
Gross Margin	66.63%
Net Profit Margin	1.76%
Debt/Equity Ratio	56.9%

How did KLDVK perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/11 09:36
End of Day Share Price	2025/01/09 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

Kaldvik AS is covered by 5 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Martin Karlsen	DNB Markets
Stein Aukner	DNB Markets
Ola Trovatn	DNB Markets