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AUSS

Austevoll SeafoodOB:AUSS Stock Report

Market Cap

kr21.9b

7D

4.5%

1Y

44.9%

Updated

27 Sep, 2021

Data

Company Financials +
AUSS fundamental analysis
Snowflake Score
Valuation4/6
Future Growth2/6
Past Performance4/6
Financial Health6/6
Dividends4/6

AUSS Overview

Austevoll Seafood ASA, a seafood company, engages in the salmon and trout, white fish, and pelagic businesses in Norway, the European Union, Eastern Europe, Africa, Asia, North America, South America, and Central America.

Price History & Performance

Summary of all time highs, changes and price drops for Austevoll Seafood
Historical stock prices
Current Share Pricekr109.00
52 Week Highkr63.65
52 Week Lowkr120.00
Beta0.55
1 Month Change-3.80%
3 Month Change1.49%
1 Year Change44.85%
3 Year Change-4.89%
5 Year Change61.48%
Change since IPO202.78%

Recent News & Updates

Aug 04
Here's Why Austevoll Seafood (OB:AUSS) Can Manage Its Debt Responsibly

Here's Why Austevoll Seafood (OB:AUSS) Can Manage Its Debt Responsibly

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Jul 15
Austevoll Seafood (OB:AUSS) May Have Issues Allocating Its Capital

Austevoll Seafood (OB:AUSS) May Have Issues Allocating Its Capital

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...

Shareholder Returns

AUSSNO FoodNO Market
7D4.5%1.5%1.2%
1Y44.9%15.9%26.4%

Return vs Industry: AUSS exceeded the Norwegian Food industry which returned 15.9% over the past year.

Return vs Market: AUSS exceeded the Norwegian Market which returned 26.4% over the past year.

Price Volatility

Is AUSS's price volatile compared to industry and market?
AUSS volatility
AUSS Beta0.55
Industry Beta0.50
Market Beta1

Stable Share Price: AUSS is less volatile than 75% of Norwegian stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: AUSS's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19816,342Arne Mogsterhttps://www.auss.no

Austevoll Seafood ASA, a seafood company, engages in the salmon and trout, white fish, and pelagic businesses in Norway, the European Union, Eastern Europe, Africa, Asia, North America, South America, and Central America. The company is involved in the ownership and operation of fishing vessels, as well as farming, processing, sale, and distribution of salmon and trout. It also produces white fish products, fish meals, and fish oils; omega-3 oil; and canned and frozen fish products.

Austevoll Seafood Fundamentals Summary

How do Austevoll Seafood's earnings and revenue compare to its market cap?
AUSS fundamental statistics
Market Capkr21.94b
Earnings (TTM)kr1.24b
Revenue (TTM)kr23.49b

17.7x

P/E Ratio

0.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
AUSS income statement (TTM)
Revenuekr23.49b
Cost of Revenuekr13.11b
Gross Profitkr10.38b
Expenseskr9.14b
Earningskr1.24b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Nov 11, 2021

Earnings per share (EPS)6.14
Gross Margin44.18%
Net Profit Margin5.28%
Debt/Equity Ratio31.1%

How did AUSS perform over the long term?

See historical performance and comparison

Dividends

3.2%

Current Dividend Yield

57%

Payout Ratio

Valuation

Is Austevoll Seafood undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: AUSS (NOK108.7) is trading below our estimate of fair value (NOK544.18)

Significantly Below Fair Value: AUSS is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: AUSS is good value based on its PE Ratio (17.7x) compared to the Norwegian Food industry average (33.5x).

PE vs Market: AUSS is poor value based on its PE Ratio (17.7x) compared to the Norwegian market (13.4x).


Price to Earnings Growth Ratio

PEG Ratio: AUSS is poor value based on its PEG Ratio (1.3x)


Price to Book Ratio

PB vs Industry: AUSS is good value based on its PB Ratio (1.8x) compared to the NO Food industry average (2.4x).


Future Growth

How is Austevoll Seafood forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

14.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: AUSS's forecast earnings growth (14% per year) is above the savings rate (1.2%).

Earnings vs Market: AUSS's earnings (14% per year) are forecast to grow faster than the Norwegian market (10.2% per year).

High Growth Earnings: AUSS's earnings are forecast to grow, but not significantly.

Revenue vs Market: AUSS's revenue (4.2% per year) is forecast to grow slower than the Norwegian market (5.6% per year).

High Growth Revenue: AUSS's revenue (4.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: AUSS's Return on Equity is forecast to be low in 3 years time (14.5%).


Past Performance

How has Austevoll Seafood performed over the past 5 years?

-10.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AUSS has high quality earnings.

Growing Profit Margin: AUSS's current net profit margins (5.3%) are higher than last year (3%).


Past Earnings Growth Analysis

Earnings Trend: AUSS's earnings have declined by 10.7% per year over the past 5 years.

Accelerating Growth: AUSS's earnings growth over the past year (80.5%) exceeds its 5-year average (-10.7% per year).

Earnings vs Industry: AUSS earnings growth over the past year (80.5%) exceeded the Food industry 33.1%.


Return on Equity

High ROE: AUSS's Return on Equity (9.5%) is considered low.


Financial Health

How is Austevoll Seafood's financial position?


Financial Position Analysis

Short Term Liabilities: AUSS's short term assets (NOK14.9B) exceed its short term liabilities (NOK5.6B).

Long Term Liabilities: AUSS's short term assets (NOK14.9B) exceed its long term liabilities (NOK12.0B).


Debt to Equity History and Analysis

Debt Level: AUSS's debt to equity ratio (31.1%) is considered satisfactory.

Reducing Debt: AUSS's debt to equity ratio has reduced from 36.6% to 31.1% over the past 5 years.

Debt Coverage: AUSS's debt is well covered by operating cash flow (50.6%).

Interest Coverage: AUSS's interest payments on its debt are well covered by EBIT (10x coverage).


Balance Sheet


Dividend

What is Austevoll Seafood current dividend yield, its reliability and sustainability?

3.21%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: AUSS's dividend (3.22%) is higher than the bottom 25% of dividend payers in the Norwegian market (1.84%).

High Dividend: AUSS's dividend (3.22%) is low compared to the top 25% of dividend payers in the Norwegian market (5.16%).


Stability and Growth of Payments

Stable Dividend: AUSS's dividend payments have been volatile in the past 10 years.

Growing Dividend: AUSS's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (56.9%), AUSS's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: AUSS's dividends in 3 years are forecast to be well covered by earnings (28.5% payout ratio).


Next Steps

Management

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

20.7yrs

Average management tenure


CEO

Arne Mogster (46 yo)

15.67yrs

Tenure

kr1,777,000

Compensation

Mr. Arne Mogster has been the Chief Executive Officer of Austevoll Seafood ASA since 2006 and serves as its President. Mr. Mogster has been working in subsidiaries of LACO AS since 1997. He has experience...


Leadership Team

Experienced Management: AUSS's management team is seasoned and experienced (20.7 years average tenure).


Board Members

Experienced Board: AUSS's board of directors are considered experienced (7.3 years average tenure).


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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Austevoll Seafood ASA's employee growth, exchange listings and data sources


Key Information

  • Name: Austevoll Seafood ASA
  • Ticker: AUSS
  • Exchange: OB
  • Founded: 1981
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: kr21.938b
  • Shares outstanding: 201.82m
  • Website: https://www.auss.no

Number of Employees


Location

  • Austevoll Seafood ASA
  • Alfabygget
  • Storebø
  • Hordaland
  • 5392
  • Norway

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/27 16:20
End of Day Share Price2021/09/27 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.