company background image
ASA logo

Atlantic Sapphire OB:ASA Stock Report

Last Price

NOK 0.086

Market Cap

NOK 618.1m

7D

-9.5%

1Y

-99.5%

Updated

22 Dec, 2024

Data

Company Financials +

Atlantic Sapphire ASA

OB:ASA Stock Report

Market Cap: NOK 618.1m

ASA Stock Overview

Engages in the production and sale of land-based salmon in Denmark and the United States. More details

ASA fundamental analysis
Snowflake Score
Valuation3/6
Future Growth5/6
Past Performance0/6
Financial Health4/6
Dividends0/6

Rewards

Trading at 97.5% below our estimate of its fair value

Earnings are forecast to grow 53.22% per year

Risk Analysis

Shareholders have been substantially diluted in the past year

Highly volatile share price over the past 3 months compared to the Norwegian market

Does not have a meaningful market cap (NOK618M)


My Notes

Capture your thoughts, links and company narrative

Atlantic Sapphire ASA Competitors

Nordic Halibut

OB:NOHAL

NOK 813.4m

Kingfish

OB:KING

NOK 593.0m

Norcod

OB:NCOD

NOK 663.0m

Arctic Fish Holding

OB:AFISH

NOK 2.3b

Price History & Performance

Summary of share price highs, lows and changes for Atlantic Sapphire
Historical stock prices
Current Share PriceNOK 0.086
52 Week HighNOK 18.50
52 Week LowNOK 0.073
Beta1.85
1 Month Change13.57%
3 Month Change-64.08%
1 Year Change-99.51%
3 Year Change-99.98%
5 Year Change-99.99%
Change since IPO-99.97%

Recent News & Updates

Growth Investors: Industry Analysts Just Upgraded Their Atlantic Sapphire ASA (OB:ASA) Revenue Forecasts By 31%

Aug 15
Growth Investors: Industry Analysts Just Upgraded Their Atlantic Sapphire ASA (OB:ASA) Revenue Forecasts By 31%

Recent updates

Growth Investors: Industry Analysts Just Upgraded Their Atlantic Sapphire ASA (OB:ASA) Revenue Forecasts By 31%

Aug 15
Growth Investors: Industry Analysts Just Upgraded Their Atlantic Sapphire ASA (OB:ASA) Revenue Forecasts By 31%

Revenue Downgrade: Here's What Analysts Forecast For Atlantic Sapphire ASA (OB:ASA)

Oct 19
Revenue Downgrade: Here's What Analysts Forecast For Atlantic Sapphire ASA (OB:ASA)

Atlantic Sapphire ASA (OB:ASA) Analysts Just Trimmed Their Revenue Forecasts By 23%

Aug 31
Atlantic Sapphire ASA (OB:ASA) Analysts Just Trimmed Their Revenue Forecasts By 23%

Bearish: Analysts Just Cut Their Atlantic Sapphire ASA (OB:ASA) Revenue and EPS estimates

Jul 01
Bearish: Analysts Just Cut Their Atlantic Sapphire ASA (OB:ASA) Revenue and EPS estimates

Would Atlantic Sapphire (OB:ASA) Be Better Off With Less Debt?

Apr 28
Would Atlantic Sapphire (OB:ASA) Be Better Off With Less Debt?

Is Now An Opportune Moment To Examine Atlantic Sapphire ASA (OB:ASA)?

Feb 09
Is Now An Opportune Moment To Examine Atlantic Sapphire ASA (OB:ASA)?

Breakeven On The Horizon For Atlantic Sapphire ASA (OB:ASA)

Apr 19
Breakeven On The Horizon For Atlantic Sapphire ASA (OB:ASA)

Did The Underlying Business Drive Atlantic Sapphire's (OB:ASA) Lovely 386% Share Price Gain?

Mar 08
Did The Underlying Business Drive Atlantic Sapphire's (OB:ASA) Lovely 386% Share Price Gain?

Have Insiders Been Buying Atlantic Sapphire ASA (OB:ASA) Shares?

Feb 10
Have Insiders Been Buying Atlantic Sapphire ASA (OB:ASA) Shares?

Atlantic Sapphire ASA's (OB:ASA) Has Found A Path To Profitability

Jan 15
Atlantic Sapphire ASA's (OB:ASA) Has Found A Path To Profitability

What Type Of Shareholders Make Up Atlantic Sapphire ASA's (OB:ASA) Share Registry?

Dec 20
What Type Of Shareholders Make Up Atlantic Sapphire ASA's (OB:ASA) Share Registry?

Did You Miss Atlantic Sapphire's (OB:ASA) Impressive 281% Share Price Gain?

Nov 23
Did You Miss Atlantic Sapphire's (OB:ASA) Impressive 281% Share Price Gain?

Shareholder Returns

ASANO FoodNO Market
7D-9.5%-6.3%-2.8%
1Y-99.5%14.7%-0.8%

Return vs Industry: ASA underperformed the Norwegian Food industry which returned 14.7% over the past year.

Return vs Market: ASA underperformed the Norwegian Market which returned -0.8% over the past year.

Price Volatility

Is ASA's price volatile compared to industry and market?
ASA volatility
ASA Average Weekly Movement23.8%
Food Industry Average Movement5.0%
Market Average Movement5.0%
10% most volatile stocks in NO Market10.9%
10% least volatile stocks in NO Market2.6%

Stable Share Price: ASA's share price has been volatile over the past 3 months compared to the Norwegian market.

Volatility Over Time: ASA's weekly volatility (24%) has been stable over the past year, but is still higher than 75% of Norwegian stocks.

About the Company

FoundedEmployeesCEOWebsite
2010158Pedro Courardwww.atlanticsapphire.com

Atlantic Sapphire ASA, together with its subsidiaries, engages in the production and sale of land-based salmon in Denmark and the United States. The company was incorporated in 2010 and is headquartered in Vikebukt, Norway.

Atlantic Sapphire ASA Fundamentals Summary

How do Atlantic Sapphire's earnings and revenue compare to its market cap?
ASA fundamental statistics
Market capNOK 618.12m
Earnings (TTM)-NOK 1.56b
Revenue (TTM)NOK 194.10m

3.2x

P/S Ratio

-0.4x

P/E Ratio

Is ASA overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ASA income statement (TTM)
RevenueUS$17.13m
Cost of RevenueUS$82.26m
Gross Profit-US$65.13m
Other ExpensesUS$72.27m
Earnings-US$137.39m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Apr 24, 2025

Earnings per share (EPS)-0.019
Gross Margin-380.12%
Net Profit Margin-801.91%
Debt/Equity Ratio18.1%

How did ASA perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 07:47
End of Day Share Price 2024/12/20 00:00
Earnings2024/06/30
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

Atlantic Sapphire ASA is covered by 6 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Alexander JonesBofA Global Research
Ole-Andreas KrohnDNB Markets
Martin KarlsenDNB Markets