Atlantic Sapphire AS, together with its subsidiaries, engages in the land-raised salmon farming business.
High growth potential with imperfect balance sheet.
Share Price & News
How has Atlantic Sapphire's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ASA-ME's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: ASA-ME underperformed the Norwegian Food industry which returned 1.6% over the past year.
Return vs Market: ASA-ME exceeded the Norwegian Market which returned -24.1% over the past year.
Price Volatility Vs. Market
How volatile is Atlantic Sapphire's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StAre Insiders Buying Atlantic Sapphire AS (OB:ASA-ME) Stock?
1 month ago | Simply Wall StWhat Kind Of Investor Owns Most Of Atlantic Sapphire AS (OB:ASA-ME)?
2 months ago | Simply Wall StWhen Will Atlantic Sapphire AS (OB:ASA-ME) Become Profitable?
Is Atlantic Sapphire 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 ASA-ME's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate ASA-ME's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: ASA-ME is unprofitable, so we can't compare its PE Ratio to the Food industry average.
PE vs Market: ASA-ME 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 ASA-ME's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ASA-ME is overvalued based on its PB Ratio (3x) compared to the NO Food industry average (2.7x).
How is Atlantic Sapphire forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ASA-ME is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.7%).
Earnings vs Market: ASA-ME is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: ASA-ME's is expected to become profitable in the next 3 years.
Revenue vs Market: ASA-ME's revenue (44.2% per year) is forecast to grow faster than the Norwegian market (2.3% per year).
High Growth Revenue: ASA-ME's revenue (44.2% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ASA-ME's Return on Equity is forecast to be low in 3 years time (18.7%).
How has Atlantic Sapphire performed over the past 5 years?
Last years earnings growth
Earnings and Revenue History
Quality Earnings: ASA-ME is currently unprofitable.
Growing Profit Margin: ASA-ME is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if ASA-ME's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare ASA-ME's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ASA-ME is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (-30.3%).
Return on Equity
High ROE: ASA-ME has a negative Return on Equity (-6.3%), as it is currently unprofitable.
How is Atlantic Sapphire's financial position?
Financial Position Analysis
Short Term Liabilities: ASA-ME's short term assets ($27.1M) exceed its short term liabilities ($16.5M).
Long Term Liabilities: ASA-ME's short term assets ($27.1M) do not cover its long term liabilities ($27.7M).
Debt to Equity History and Analysis
Debt Level: ASA-ME's debt to equity ratio (13.1%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if ASA-ME'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: ASA-ME has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ASA-ME has less than a year of cash runway if free cash flow continues to reduce at historical rates of -53.5% each year
What is Atlantic Sapphire's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ASA-ME's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate ASA-ME's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ASA-ME's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ASA-ME'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 ASA-ME'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
Johan E. Andreassen serves as a Chairman of the Board and Chief executive Director at Atlantic Sapphire AS.
|Chairman of the Board & CEO||no data||no data||1.5% $100.6m|
|Director||0.67yr||no data||0.0056% $375.1k|
|Director||1.83yrs||no data||2% $133.5m|
|Director||0.42yr||no data||5.68% $379.9m|
|Finance Director||no data||no data||0.012% $807.0k|
|Director||no data||no data||no data|
|Director||no data||no data||6.64% $443.7m|
|Director||no data||no data||no data|
|Director of Operations||no data||no data||0.013% $877.8k|
Experienced Board: ASA-ME's board of directors are not considered experienced ( 0.7 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: ASA-ME insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 19.7%.
Atlantic Sapphire AS's company bio, employee growth, exchange listings and data sources
- Name: Atlantic Sapphire AS
- Ticker: ASA-ME
- Exchange: OB
- Founded: 2010
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Market Cap: kr6.686b
- Shares outstanding: 71.28m
- Website: https://www.atlanticsapphire.com
Number of Employees
- Atlantic Sapphire AS
- Daugstadvegen 445
- Møre og Romsdal
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ASA-ME||OB (Oslo Bors)||Yes||Ordinary Shares||NO||NOK||Jul 2017|
|AASZ.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Jul 2017|
Atlantic Sapphire AS, together with its subsidiaries, engages in the land-raised salmon farming business. It is involved in growing salmon from egg hatchery. The company was founded in 2010 and is headquartered in Vikebukt, Norway.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/08 22:58|
|End of Day Share Price||2020/04/08 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.