ANDF

Andfjord SalmonOB:ANDF Stock Report

Market Cap

kr1.5b

7D

-5.6%

1Y

-12.3%

Updated

16 Sep, 2021

Data

Company Financials +
ANDF fundamental analysis
Snowflake Score
Valuation0/6
Future Growth5/6
Past Performance0/6
Financial Health3/6
Dividends0/6

ANDF Overview

Andfjord Salmon AS engages in the shore based farming of Atlantic salmon.

Share Price & News

How has Andfjord Salmon's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ANDF is not significantly more volatile than the rest of Norwegian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: ANDF's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

-5.6%

ANDF

-0.2%

NO Food

0.1%

NO Market


1 Year Return

-12.3%

ANDF

10.2%

NO Food

21.7%

NO Market

Return vs Industry: ANDF underperformed the Norwegian Food industry which returned 10.2% over the past year.

Return vs Market: ANDF underperformed the Norwegian Market which returned 21.7% over the past year.


Shareholder returns

ANDFIndustryMarket
7 Day-5.6%-0.2%0.1%
30 Day2.8%-3.5%0.9%
90 Day1.0%-5.6%4.3%
1 Year-12.3%-12.3%13.0%10.2%28.7%21.7%
3 Yearn/a29.4%18.8%19.5%5.9%
5 Yearn/a91.7%56.7%82.5%49.4%

Long-Term Price Volatility Vs. Market

How volatile is Andfjord Salmon's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Andfjord Salmon Fundamentals Summary

How do Andfjord Salmon's earnings and revenue compare to its market cap?
ANDF fundamental statistics
Market Capkr1.54b
Earnings (TTM)-kr25.13m
Revenue (TTM)n/a

0x

P/S Ratio

-59.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ANDF income statement (TTM)
Revenuekr0
Cost of Revenuekr0
Gross Profitkr0
Expenseskr25.13m
Earnings-kr25.13m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Dec 03, 2021

Earnings per share (EPS)-0.70
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio8.8%

How did ANDF perform over the long term?

See historical performance and comparison

Valuation

Is Andfjord Salmon undervalued compared to its fair value and its price relative to the market?

4.39x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate ANDF's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate ANDF's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: ANDF is unprofitable, so we can't compare its PE Ratio to the Norwegian Food industry average.

PE vs Market: ANDF 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 ANDF's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ANDF is overvalued based on its PB Ratio (4.4x) compared to the NO Food industry average (2.4x).


Future Growth

How is Andfjord Salmon forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

78.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ANDF is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.2%).

Earnings vs Market: ANDF is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: ANDF's is expected to become profitable in the next 3 years.

Revenue vs Market: ANDF's revenue (75.3% per year) is forecast to grow faster than the Norwegian market (5.9% per year).

High Growth Revenue: ANDF's revenue (75.3% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if ANDF's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Andfjord Salmon performed over the past 5 years?

-142.7%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: ANDF is currently unprofitable.

Growing Profit Margin: ANDF is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if ANDF's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Unable to compare ANDF's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: ANDF is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (33.1%).


Return on Equity

High ROE: ANDF has a negative Return on Equity (-7.33%), as it is currently unprofitable.


Financial Health

How is Andfjord Salmon's financial position?


Financial Position Analysis

Short Term Liabilities: ANDF's short term assets (NOK85.4M) exceed its short term liabilities (NOK40.5M).

Long Term Liabilities: ANDF's short term assets (NOK85.4M) exceed its long term liabilities (NOK34.1M).


Debt to Equity History and Analysis

Debt Level: ANDF's debt to equity ratio (8.8%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if ANDF's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


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: ANDF has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: ANDF has less than a year of cash runway if free cash flow continues to reduce at historical rates of 88.8% each year


Dividend

What is Andfjord Salmon current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate ANDF's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate ANDF'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 ANDF's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ANDF'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 ANDF's dividend in 3 years as they are not forecast to pay a notable one for the Norwegian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.4yrs

Average management tenure


CEO

Martin Rasmussen (36 yo)

1.42yrs

Tenure

Mr. Martin Rasmussen has been Chief Executive Officer of Andfjord Salmon AS since April 1, 2020 and served as its Director until April 1, 2020. He joined Andfjord Salmon AS in 2020. Mr. Rasmussen served as...


Leadership Team

Experienced Management: ANDF's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.


Ownership

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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 6.2%.


Top Shareholders

Company Information

Andfjord Salmon AS's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Andfjord Salmon AS
  • Ticker: ANDF
  • Exchange: OB
  • Founded: 2014
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: kr1.539b
  • Shares outstanding: 35.79m
  • Website: https://www.andfjordsalmon.com

Number of Employees


Location

  • Andfjord Salmon AS
  • Havnegata 19
  • Sortland
  • Nordland
  • 8400
  • Norway

Listings


Biography

Andfjord Salmon AS engages in the shore based farming of Atlantic salmon. The company holds a license for 10,000 tons maximum allowed biomass (MAB) for land-based farming. Andfjord Salmon AS was founded in...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/16 21:36
End of Day Share Price2021/09/16 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.