Atlantic Sapphire ASA, together with its subsidiaries, engages in the land-based salmon farming business.
Atlantic Sapphire Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||kr38.20|
|52 Week High||kr33.50|
|52 Week Low||kr150.00|
|1 Month Change||-49.34%|
|3 Month Change||-60.70%|
|1 Year Change||-64.13%|
|3 Year Change||-34.14%|
|5 Year Change||n/a|
|Change since IPO||27.33%|
Recent News & Updates
|ASA||NO Food||NO Market|
Return vs Industry: ASA underperformed the Norwegian Food industry which returned 16.7% over the past year.
Return vs Market: ASA underperformed the Norwegian Market which returned 25.9% over the past year.
Stable Share Price: ASA is more volatile than 90% of Norwegian stocks over the past 3 months, typically moving +/- 13% a week.
Volatility Over Time: ASA's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of Norwegian stocks.
About the Company
Atlantic Sapphire ASA, together with its subsidiaries, engages in the land-based salmon farming business. The company operates through two segments, Fish Farming (Denmark); and Fish Farming (USA). It is involved in the production and sale of salmon.
Atlantic Sapphire Fundamentals Summary
|ASA fundamental statistics|
Is ASA overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ASA income statement (TTM)|
|Cost of Revenue||US$44.50m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Apr 21, 2022
|Earnings per share (EPS)||-0.83|
|Net Profit Margin||-513.16%|
How did ASA perform over the long term?See historical performance and comparison
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's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate ASA's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: ASA is unprofitable, so we can't compare its PE Ratio to the Norwegian Food industry average.
PE vs Market: ASA 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's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ASA is good value based on its PB Ratio (1.3x) compared to the NO Food industry average (2.4x).
How is Atlantic Sapphire forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ASA is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.2%).
Earnings vs Market: ASA is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: ASA's is expected to become profitable in the next 3 years.
Revenue vs Market: ASA's revenue (49.4% per year) is forecast to grow faster than the Norwegian market (5.8% per year).
High Growth Revenue: ASA's revenue (49.4% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ASA's Return on Equity is forecast to be low in 3 years time (9%).
How has Atlantic Sapphire performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ASA is currently unprofitable.
Growing Profit Margin: ASA is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ASA is unprofitable, and losses have increased over the past 5 years at a rate of 61.3% per year.
Accelerating Growth: Unable to compare ASA's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ASA is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (33.1%).
Return on Equity
High ROE: ASA has a negative Return on Equity (-23.44%), as it is currently unprofitable.
How is Atlantic Sapphire's financial position?
Financial Position Analysis
Short Term Liabilities: ASA's short term assets ($118.3M) exceed its short term liabilities ($18.4M).
Long Term Liabilities: ASA's short term assets ($118.3M) exceed its long term liabilities ($53.1M).
Debt to Equity History and Analysis
Debt Level: ASA's debt to equity ratio (16%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if ASA'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 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ASA has less than a year of cash runway if free cash flow continues to reduce at historical rates of 26.3% each year
What is Atlantic Sapphire current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ASA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ASA'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 ASA's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ASA'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'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 management tenure
Mr. Johan Emil Andreassen serves as the Chairman of the Board and Chief executive Director at Atlantic Sapphire AS. He serves as Chief Executive Officer at Atlantic Sapphire USA LLC. He is co-founder of At...
CEO Compensation Analysis
Compensation vs Market: Johan's total compensation ($USD518.00K) is about average for companies of similar size in the Norwegian market ($USD621.72K).
Compensation vs Earnings: Johan's compensation has been consistent with company performance over the past year.
Experienced Management: ASA's management team is not considered experienced ( 1 years average tenure), which suggests a new team.
Experienced Board: ASA's board of directors are not considered experienced ( 2 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 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 13.5%.
Atlantic Sapphire ASA's employee growth, exchange listings and data sources
- Name: Atlantic Sapphire ASA
- Ticker: ASA
- Exchange: OB
- Founded: 2010
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Market Cap: kr3.477b
- Shares outstanding: 91.01m
- Website: https://www.atlanticsapphire.com
Number of Employees
- Atlantic Sapphire ASA
- Daugstadvegen 445
- Møre og Romsdal
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/24 23:02|
|End of Day Share Price||2021/09/24 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.