Arctic Fish Holding AS, together with its subsidiaries, engages in the salmon farming activities in Iceland.
Price History & Performance
|Historical stock prices|
|Current Share Price||kr65.00|
|52 Week High||kr54.01|
|52 Week Low||kr69.98|
|1 Month Change||-4.40%|
|3 Month Change||17.54%|
|1 Year Change||n/a|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||14.04%|
Recent News & Updates
|AFISH||NO Food||NO Market|
Return vs Industry: Insufficient data to determine how AFISH performed against the Norwegian Food industry.
Return vs Market: Insufficient data to determine how AFISH performed against the Norwegian Market.
Stable Share Price: AFISH is more volatile than 75% of Norwegian stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: AFISH's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of Norwegian stocks.
About the Company
Arctic Fish Holding AS, together with its subsidiaries, engages in the salmon farming activities in Iceland. It produces smolt, fry, and rainbow trout in the freshwater hatchery. The company offers its products under the ICEBORN brand name.
Arctic Fish Holding Fundamentals Summary
|AFISH fundamental statistics|
Is AFISH overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|AFISH income statement (TTM)|
|Cost of Revenue||€27.29m|
Last Reported Earnings
Sep 30, 2020
Next Earnings Date
Nov 09, 2021
|Earnings per share (EPS)||-0.07|
|Net Profit Margin||-7.84%|
How did AFISH perform over the long term?See historical performance and comparison
Is Arctic Fish Holding undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate AFISH's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate AFISH's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: AFISH is unprofitable, so we can't compare its PE Ratio to the Norwegian Food industry average.
PE vs Market: AFISH is unprofitable, so we can't compare its PE Ratio to the Norwegian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate AFISH's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: AFISH is overvalued based on its PB Ratio (8.1x) compared to the NO Food industry average (2.4x).
How is Arctic Fish Holding forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AFISH is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.2%).
Earnings vs Market: AFISH is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: AFISH's is expected to become profitable in the next 3 years.
Revenue vs Market: AFISH's revenue (23.5% per year) is forecast to grow faster than the Norwegian market (5.8% per year).
High Growth Revenue: AFISH's revenue (23.5% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: AFISH's Return on Equity is forecast to be low in 3 years time (13.9%).
How has Arctic Fish Holding performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AFISH is currently unprofitable.
Growing Profit Margin: AFISH is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: AFISH is unprofitable, but has reduced losses over the past 5 years at a rate of 4.3% per year.
Accelerating Growth: Unable to compare AFISH's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: AFISH is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (33.1%).
Return on Equity
High ROE: AFISH has a negative Return on Equity (-8.73%), as it is currently unprofitable.
How is Arctic Fish Holding's financial position?
Financial Position Analysis
Short Term Liabilities: AFISH's short term assets (€54.9M) exceed its short term liabilities (€42.3M).
Long Term Liabilities: AFISH's short term assets (€54.9M) exceed its long term liabilities (€41.8M).
Debt to Equity History and Analysis
Debt Level: AFISH's debt to equity ratio (180%) is considered high.
Reducing Debt: Insufficient data to determine if AFISH's debt to equity ratio has reduced over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if AFISH has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if AFISH has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Arctic Fish Holding current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate AFISH's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate AFISH's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if AFISH's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AFISH's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of AFISH's dividend in 3 years as they are not forecast to pay a notable one for the Norwegian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Stein Ove Tveiten serves as Chief Executive Officer at Arctic Fish Holding AS since 2017. He serves as the Chief Executive Officer of Arctic Fish AS. Stein Ove Tveiten served as the General Manager of...
Experienced Board: AFISH's board of directors are not considered experienced ( 0.6 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: AFISH only recently listed within the past 12 months.
Arctic Fish Holding AS's employee growth, exchange listings and data sources
- Name: Arctic Fish Holding AS
- Ticker: AFISH
- Exchange: OB
- Founded: 2011
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Market Cap: kr2.072b
- Shares outstanding: 31.88m
- Website: https://www.arcticfish.is
Number of Employees
- Arctic Fish Holding AS
- ADhalstrAeti 20
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/24 16:20|
|End of Day Share Price||2021/09/23 00:00|
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.