P/F Bakkafrost Valuation
Is BAKKA undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
3/6Valuation Score 3/6
Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast
Share Price vs Fair Value
What is the Fair Price of BAKKA when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: BAKKA (NOK587.5) is trading below our estimate of fair value (NOK1140.29)
Significantly Below Fair Value: BAKKA is trading below fair value by more than 20%.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for BAKKA?
Other financial metrics that can be useful for relative valuation.
What is BAKKA's n/a Ratio? | |
---|---|
n/a | 0x |
n/a | n/a |
Market Cap | DKK 22.04b |
Key Statistics | |
---|---|
Enterprise Value/Revenue | 3.3x |
Enterprise Value/EBITDA | 14.4x |
PEG Ratio | 0.7x |
Price to Earnings Ratio vs Peers
How does BAKKA's PE Ratio compare to its peers?
Company | Forward PE | Estimated Growth | Market Cap |
---|---|---|---|
Peer Average | 15.6x | ||
LSG Lerøy Seafood Group | 18x | 26.6% | NOK 29.0b |
AUSS Austevoll Seafood | 11.2x | 12.6% | NOK 19.5b |
ORK Orkla | 16.4x | 3.4% | NOK 99.3b |
MOWI Mowi | 16.7x | 29.3% | NOK 96.8b |
BAKKA P/F Bakkafrost | 24.4x | 34.3% | NOK 34.8b |
Price-To-Earnings vs Peers: BAKKA is expensive based on its Price-To-Earnings Ratio (24.4x) compared to the peer average (15.6x).
Price to Earnings Ratio vs Industry
How does BAKKA's PE Ratio compare vs other companies in the European Food Industry?
Price-To-Earnings vs Industry: BAKKA is expensive based on its Price-To-Earnings Ratio (24.4x) compared to the European Food industry average (14.4x).
Price to Earnings Ratio vs Fair Ratio
What is BAKKA's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
Fair Ratio | |
---|---|
Current PE Ratio | 24.4x |
Fair PE Ratio | 22.4x |
Price-To-Earnings vs Fair Ratio: BAKKA is expensive based on its Price-To-Earnings Ratio (24.4x) compared to the estimated Fair Price-To-Earnings Ratio (22.4x).
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Date | Share Price | Average 1Y Price Target | Dispersion | High | Low | 1Y Actual price | Analysts |
---|---|---|---|---|---|---|---|
Current | NOK 587.50 | NOK 705.33 +20.1% | 7.8% | NOK 786.39 | NOK 629.11 | n/a | 6 |
Sep ’25 | NOK 574.50 | NOK 709.85 +23.6% | 9.8% | NOK 794.53 | NOK 616.62 | n/a | 6 |
Aug ’25 | NOK 566.00 | NOK 726.54 +28.4% | 10.1% | NOK 806.80 | NOK 624.14 | n/a | 6 |
Jul ’25 | NOK 543.00 | NOK 706.01 +30.0% | 11.5% | NOK 802.96 | NOK 600.86 | n/a | 6 |
Jun ’25 | NOK 577.00 | NOK 702.49 +21.7% | 11.3% | NOK 800.62 | NOK 600.66 | n/a | 6 |
May ’25 | NOK 679.00 | NOK 708.12 +4.3% | 14.1% | NOK 812.70 | NOK 561.32 | n/a | 6 |
Apr ’25 | NOK 697.00 | NOK 689.18 -1.1% | 12.0% | NOK 794.40 | NOK 563.31 | n/a | 7 |
Mar ’25 | NOK 664.00 | NOK 648.50 -2.3% | 12.5% | NOK 779.75 | NOK 552.92 | n/a | 7 |
Feb ’25 | NOK 588.50 | NOK 580.71 -1.3% | 13.1% | NOK 697.79 | NOK 499.33 | n/a | 7 |
Jan ’25 | NOK 532.00 | NOK 534.96 +0.6% | 12.4% | NOK 687.87 | NOK 473.24 | n/a | 7 |
Dec ’24 | NOK 525.00 | NOK 556.81 +6.1% | 13.0% | NOK 721.60 | NOK 494.25 | n/a | 7 |
Nov ’24 | NOK 509.50 | NOK 580.73 +14.0% | 16.6% | NOK 810.65 | NOK 499.08 | n/a | 7 |
Oct ’24 | NOK 547.50 | NOK 600.14 +9.6% | 12.3% | NOK 748.75 | NOK 526.12 | n/a | 6 |
Sep ’24 | NOK 532.50 | NOK 622.26 +16.9% | 11.7% | NOK 754.01 | NOK 529.82 | NOK 574.50 | 6 |
Aug ’24 | NOK 597.00 | NOK 726.56 +21.7% | 7.2% | NOK 810.48 | NOK 672.11 | NOK 566.00 | 6 |
Jul ’24 | NOK 642.00 | NOK 765.35 +19.2% | 7.4% | NOK 838.53 | NOK 688.76 | NOK 543.00 | 6 |
Jun ’24 | NOK 739.00 | NOK 777.91 +5.3% | 8.6% | NOK 884.36 | NOK 689.42 | NOK 577.00 | 6 |
May ’24 | NOK 776.00 | NOK 754.08 -2.8% | 7.8% | NOK 883.19 | NOK 698.79 | NOK 679.00 | 7 |
Apr ’24 | NOK 678.50 | NOK 710.62 +4.7% | 9.0% | NOK 852.74 | NOK 640.53 | NOK 697.00 | 7 |
Mar ’24 | NOK 662.50 | NOK 684.54 +3.3% | 10.5% | NOK 849.84 | NOK 620.34 | NOK 664.00 | 7 |
Feb ’24 | NOK 615.00 | NOK 626.41 +1.9% | 4.3% | NOK 667.13 | NOK 588.96 | NOK 588.50 | 7 |
Jan ’24 | NOK 616.00 | NOK 589.70 -4.3% | 7.5% | NOK 650.03 | NOK 526.32 | NOK 532.00 | 7 |
Dec ’23 | NOK 550.50 | NOK 569.08 +3.4% | 5.6% | NOK 626.05 | NOK 524.54 | NOK 525.00 | 6 |
Nov ’23 | NOK 519.00 | NOK 619.85 +19.4% | 16.9% | NOK 844.54 | NOK 534.47 | NOK 509.50 | 6 |
Oct ’23 | NOK 432.80 | NOK 735.96 +70.0% | 12.1% | NOK 858.42 | NOK 621.04 | NOK 547.50 | 6 |
Sep ’23 | NOK 579.50 | NOK 709.70 +22.5% | 9.1% | NOK 787.13 | NOK 609.80 | NOK 532.50 | 6 |
Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.