OB:AUSS

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Executive Summary

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


Snowflake Analysis

Flawless balance sheet, undervalued and pays a dividend.

Share Price & News

How has Austevoll Seafood's share price performed over time and what events caused price changes?


Latest Share Price and Events

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

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


Market Performance


7 Day Return

-2.2%

AUSS

-4.4%

NO Food

3.0%

NO Market


1 Year Return

-6.0%

AUSS

-9.1%

NO Food

-1.9%

NO Market

Return vs Industry: AUSS exceeded the Norwegian Food industry which returned -8.4% over the past year.

Return vs Market: AUSS underperformed the Norwegian Market which returned -4.1% over the past year.


Shareholder returns

AUSSIndustryMarket
7 Day-2.2%-4.4%3.0%
30 Day15.3%1.4%8.3%
90 Day0.4%-0.5%6.8%
1 Year-2.9%-6.0%-7.8%-9.1%1.7%-1.9%
3 Year27.4%15.7%42.6%29.1%9.5%-2.8%
5 Year90.7%51.8%106.4%65.7%54.5%23.8%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

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 (NOK81.6) is trading below our estimate of fair value (NOK183.43)

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 (17.8x) compared to the NO Food industry average (21x).

PE vs Market: AUSS is poor value based on its PE Ratio (17.8x) compared to the Norwegian market (15.1x).


Price to Earnings Growth Ratio

PEG Ratio: AUSS is good value based on its PEG Ratio (0.6x)


Price to Book Ratio

PB vs Industry: AUSS is good value based on its PB Ratio (1.3x) compared to the NO Food industry average (2.5x).


Next Steps

Future Growth

How is Austevoll Seafood forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

31.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: AUSS's forecast earnings growth (31.2% per year) is above the savings rate (1.6%).

Earnings vs Market: AUSS's earnings (31.2% per year) are forecast to grow slower than the Norwegian market (33.8% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: AUSS's revenue (7.8% per year) is forecast to grow faster than the Norwegian market (6.1% per year).

High Growth Revenue: AUSS's revenue (7.8% 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 (14.6%).


Next Steps

Past Performance

How has Austevoll Seafood performed over the past 5 years?

1.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AUSS has high quality earnings.

Growing Profit Margin: AUSS's current net profit margins (4.1%) are lower than last year (5%).


Past Earnings Growth Analysis

Earnings Trend: AUSS's earnings have grown by 1.3% per year over the past 5 years.

Accelerating Growth: AUSS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: AUSS had negative earnings growth (-19.8%) over the past year, making it difficult to compare to the Food industry average (18.4%).


Return on Equity

High ROE: AUSS's Return on Equity (7.4%) is considered low.


Next Steps

Financial Health

How is Austevoll Seafood's financial position?


Financial Position Analysis

Short Term Liabilities: AUSS's short term assets (NOK14.1B) exceed its short term liabilities (NOK5.2B).

Long Term Liabilities: AUSS's short term assets (NOK14.1B) exceed its long term liabilities (NOK11.3B).


Debt to Equity History and Analysis

Debt Level: AUSS's debt to equity ratio (32.5%) is considered satisfactory.

Reducing Debt: AUSS's debt to equity ratio has reduced from 46% to 32.5% over the past 5 years.

Debt Coverage: AUSS's debt is well covered by operating cash flow (40.1%).

Interest Coverage: AUSS's interest payments on its debt are well covered by EBIT (7x coverage).


Balance Sheet


Next Steps

Dividend

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

3.06%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: AUSS's dividend (3.06%) is higher than the bottom 25% of dividend payers in the Norwegian market (2.45%).

High Dividend: AUSS's dividend (3.06%) is low compared to the top 25% of dividend payers in the Norwegian market (6.03%).


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 (54.4%), 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 (23.7% payout ratio).


Next Steps

Management

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

19.8yrs

Average management tenure


CEO

Arne Møgster (45 yo)

14.83yrs

Tenure

kr1,777,000

Compensation

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


Leadership Team

NamePositionTenureCompensationOwnership
Arne Møgster
CEO & President14.83yrskr1.78mno data
Britt Drivenes
Chief Financial Officer24.83yrskr1.24mno data
Tom Tynan
Chief Operating Officerno datano datano data
Tore Mohn
Director of Legal Affairsno datano datano data
Erling Møgster
Chief Operating Officer of South America operationsno datano datano data
Esteban Alert
Chief Executive Officer of Foodcorp SA (Chile)36.83yrsno datano data
Arne Stang
Chief Executive Officer of Welcon Invest ASno datano datano data
Adriana Carmen Giudice Alva
Chief Executive Officer of Austral Group Saa (Peru)no datano datano data
Henning Beltestad
Chief Executive Officer of Lerøy Seafood Group ASAno datano datano data
Andres Daroch
Chief Financial Officer of South America Operationsno datano datano data
Andrew Dark
Chief Financial Officer of Austral Group SAA (Peru)7.92yrsno datano data

19.8yrs

Average Tenure

57yo

Average Age

Experienced Management: AUSS's management team is seasoned and experienced (19.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Helge Mogster
Member of the Board39.58yrskr150.00k0.030%
NOK 5.0m
Helge Singelstad
Chairman of the Board10.5yrsno data0.025%
NOK 4.1m
Oddvar Skjegstad
Independent Deputy Chairman10.5yrskr156.00kno data
Hege Bakken
Independent Member of the Board2.5yrsno datano data
Siren Gronhaug
Independent Member of the Board6.5yrsno datano data
Lill Møgster
Member of the Board8.5yrsno datano data
Eirik Melingen
Member of the Board3.5yrsno datano data

8.5yrs

Average Tenure

55yo

Average Age

Experienced Board: AUSS's board of directors are considered experienced (8.5 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 company bio, 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: kr16.469b
  • Shares outstanding: 201.82m
  • Website: https://www.auss.no

Number of Employees


Location

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

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AUSSOB (Oslo Bors)YesOrdinary SharesNONOKJun 2006
0DNWLSE (London Stock Exchange)YesOrdinary SharesGBNOKJun 2006
Z85DB (Deutsche Boerse AG)YesOrdinary SharesDEEURJun 2006
ASTV.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJun 2006
AUSSOBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBNOKJun 2006

Biography

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


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/24 22:05
End of Day Share Price2020/11/24 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.