Kaldvik AS

ICSE:KLDVK Stock Report

Market Cap: ISK 40.3b

Kaldvik Valuation

Is KLDVK 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 KLDVK when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
ISK 8.90k
Fair Value
96.2% undervalued intrinsic discount
2
Number of Analysts

Below Fair Value: KLDVK (ISK336) is trading below our estimate of fair value (ISK8903.94)

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

Key Valuation Metric

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

Key metric: As KLDVK is barely profitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for KLDVK. This is calculated by dividing KLDVK's market cap by their current revenue.
What is KLDVK's PS Ratio?
PS Ratio3.4x
Sales€82.21m
Market Cap€278.78m

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for KLDVK vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average2x
SVN Sildarvinnslan Hf
3.9xn/aISK 175.4b
BRIM Brim hf
2.6xn/aISK 144.4b
SFS B Sláturfélags Suðurlands svf
0.09xn/aISK 1.6b
OLGERD Ölgerðin Egill Skallagrímsson hf
1.6xn/aISK 53.9b
KLDVK Kaldvik
3.4x41.7%ISK 3.3b

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

Price to Sales Ratio vs Industry

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

37 CompaniesPrice / SalesEstimated GrowthMarket Cap
KLDVK 3.4xIndustry Avg. 0.7xNo. of Companies44PS00.81.62.43.24+
37 CompaniesEstimated GrowthMarket Cap
No more companies

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

Price to Sales Ratio vs Fair Ratio

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.

KLDVK 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 KLDVK'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 KLDVK forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentISK 336.00
ISK 415.95
+23.8%
4.5%ISK 434.57ISK 397.32n/a2
Jan ’26ISK 362.00
ISK 415.95
+14.9%
4.5%ISK 434.57ISK 397.32n/a2
Dec ’25ISK 346.00
ISK 415.95
+20.2%
4.5%ISK 434.57ISK 397.32n/a2
Oct ’25ISK 326.00
ISK 425.97
+30.7%
4.6%ISK 445.63ISK 406.31n/a2
Sep ’25ISK 358.00
ISK 425.97
+19.0%
4.6%ISK 445.63ISK 406.31n/a2
Aug ’25ISK 350.00
ISK 450.91
+28.8%
4.3%ISK 470.52ISK 431.31n/a2
Jul ’25ISK 354.00
ISK 450.91
+27.4%
4.3%ISK 470.52ISK 431.31n/a2
Jun ’25ISK 336.00
ISK 408.41
+21.6%
4.8%ISK 427.86ISK 388.96n/a2
Nov ’24n/a
ISK 416.17
0%
1.5%ISK 422.58ISK 409.77ISK 354.002
Oct ’24n/a
ISK 403.81
0%
3.1%ISK 416.43ISK 391.19ISK 326.002
Sep ’24n/a
ISK 403.81
0%
3.1%ISK 416.43ISK 391.19ISK 358.002
May ’24n/a
ISK 398.02
0%
4.9%ISK 417.59ISK 378.44n/a2
Apr ’24n/a
ISK 403.40
0%
1.7%ISK 410.23ISK 396.56n/a2
Mar ’24n/a
ISK 403.40
0%
1.7%ISK 410.23ISK 396.56n/a2
Feb ’24n/a
ISK 441.15
0%
4.9%ISK 462.85ISK 419.46n/a2
Jan ’24n/a
ISK 392.64
0%
7.1%ISK 420.68ISK 364.59n/a2
Analyst Price Target
Consensus Narrative from 2 Analysts
ISK 420.00
Fair Value
20.0% undervalued intrinsic discount
2
Number of Analysts

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 Analysis2025/01/11 09:36
End of Day Share Price 2025/01/09 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

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.

AnalystInstitution
Martin KarlsenDNB Markets
Stein AuknerDNB Markets
Ola TrovatnDNB Markets