Grieg Seafood ASA, through its subsidiaries, operates as a fish farming company.
High growth potential with excellent balance sheet and pays a dividend.
Share Price & News
How has Grieg Seafood's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GSF's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: GSF exceeded the Norwegian Food industry which returned 17.4% over the past year.
Return vs Market: GSF exceeded the Norwegian Market which returned 1.5% over the past year.
Price Volatility Vs. Market
How volatile is Grieg Seafood's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StTaking A Look At Grieg Seafood ASA's (OB:GSF) ROE
3 weeks ago | Simply Wall StGrieg Seafood ASA (OB:GSF) Pays A 1.4% In Just 3 Days
1 month ago | Simply Wall StWhat Is Grieg Seafood's (OB:GSF) P/E Ratio After Its Share Price Rocketed?
Is Grieg Seafood undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: GSF (NOK141) is trading below our estimate of fair value (NOK344.4)
Significantly Below Fair Value: GSF is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: GSF is poor value based on its PE Ratio (31.7x) compared to the Food industry average (26x).
PE vs Market: GSF is poor value based on its PE Ratio (31.7x) compared to the Norwegian market (13.7x).
Price to Earnings Growth Ratio
PEG Ratio: GSF is good value based on its PEG Ratio (0.7x)
Price to Book Ratio
PB vs Industry: GSF is overvalued based on its PB Ratio (4.1x) compared to the NO Food industry average (4x).
How is Grieg Seafood forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GSF's forecast earnings growth (43.9% per year) is above the savings rate (0.7%).
Earnings vs Market: GSF's earnings (43.9% per year) are forecast to grow faster than the Norwegian market (20.9% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: GSF's revenue (8.9% per year) is forecast to grow faster than the Norwegian market (4.3% per year).
High Growth Revenue: GSF's revenue (8.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: GSF's Return on Equity is forecast to be high in 3 years time (33.5%)
How has Grieg Seafood performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GSF has high quality earnings.
Growing Profit Margin: GSF's current net profit margins (6.1%) are lower than last year (11.6%).
Past Earnings Growth Analysis
Earnings Trend: GSF's earnings have grown significantly by 32.2% per year over the past 5 years.
Accelerating Growth: GSF's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: GSF had negative earnings growth (-39.9%) over the past year, making it difficult to compare to the Food industry average (-5.9%).
Return on Equity
High ROE: GSF's Return on Equity (13.6%) is considered low.
Return on Assets
Return on Capital Employed
How is Grieg Seafood's financial position?
Financial Position Analysis
Short Term Liabilities: GSF's short term assets (NOK3.9B) exceed its short term liabilities (NOK1.4B).
Long Term Liabilities: GSF's short term assets (NOK3.9B) exceed its long term liabilities (NOK2.8B).
Debt to Equity History and Analysis
Debt Level: GSF's debt to equity ratio (48.7%) is considered high.
Reducing Debt: GSF's debt to equity ratio has reduced from 63.8% to 48.7% over the past 5 years.
Debt Coverage: GSF's debt is well covered by operating cash flow (57.6%).
Interest Coverage: GSF's interest payments on its debt are well covered by EBIT (16.2x coverage).
Inventory Level: GSF has a high level of physical assets or inventory.
Debt Coverage by Assets: GSF's debt is covered by short term assets (assets are 2.1x debt).
What is Grieg Seafood's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: GSF's dividend (2.84%) is higher than the bottom 25% of dividend payers in the Norwegian market (2.48%).
High Dividend: GSF's dividend (2.84%) is low compared to the top 25% of dividend payers in the Norwegian market (5.91%).
Stability and Growth of Payments
Stable Dividend: GSF's dividend payments have been volatile in the past 10 years.
Growing Dividend: GSF's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (89.8%), GSF's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: GSF's dividends in 3 years are forecast to be covered by earnings (60.3% payout ratio).
What is the CEO of Grieg Seafood's salary, the management and board of directors tenure and is there insider trading?
Average management tenure
Andreas Kvame (56yo)
Mr. Andreas Kvame has been Chief Executive Officer at Grieg Seafood ASA since June 1, 2015. Mr. Kvame served as Managing Director for Scanbio AS and knows the salmon farming industry very well after 17 yea ...
CEO Compensation Analysis
Compensation vs Market: Andreas's total compensation ($USD696.95K) is about average for companies of similar size in the Norwegian market ($USD563.35K).
Compensation vs Earnings: Andreas's compensation has been consistent with company performance over the past year.
Management Age and Tenure
Experienced Management: GSF's management team is seasoned and experienced (5.2 years average tenure).
Board Age and Tenure
Experienced Board: GSF's board of directors are considered experienced (4 years average tenure).
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Head of Human Resources
Chief Human Resources Officer
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Chief Human Resources Officer
- Tenure: 3.6yrs
- Compensation: kr3.67m
Atle Sandtorv (52yo)
Chief Financial Officer
- Tenure: 10yrs
- Compensation: kr3.99m
Chief Operating Officer of Farming
- Tenure: 5.9yrs
- Compensation: kr3.80m
Andreas Kvame (56yo)
Chief Executive Officer
- Tenure: 4.5yrs
- Compensation: kr6.32m
Chief Digital Officer
- Tenure: 8.9yrs
Group Communication Manager
- Tenure: 0.9yrs
Asbjørn Reinkind (59yo)
- Tenure: 8.9yrs
Per Grieg (61yo)
Chairman of the Board
- Tenure: 10.9yrs
Karin Orgland (60yo)
- Tenure: 6.5yrs
- Tenure: 0.5yrs
Solveig Magdelene Nygaard
- Tenure: 1.5yrs
- Tenure: 1.5yrs
Grieg Seafood ASA's company bio, employee growth, exchange listings and data sources
- Name: Grieg Seafood ASA
- Ticker: GSF
- Exchange: OB
- Founded: 1884
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Market Cap: kr15.573b
- Shares outstanding: 110.45m
- Website: https://www.griegseafood.no
Number of Employees
- Grieg Seafood ASA
- C. Sundtsgate 17/19
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|GSF||OB (Oslo Bors)||Yes||Ordinary Shares||NO||NOK||May 2007|
|GR8||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||May 2007|
|0GW8||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||NOK||May 2007|
|GRGS.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||May 2007|
|GSFO||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||NOK||May 2007|
Grieg Seafood ASA, through its subsidiaries, operates as a fish farming company. It engages in the production and sale of farmed salmon. The company supplies its fish products to customers in the European ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2019/12/13 21:08|
|End of Day Share Price||2019/12/13 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.