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Grieg Seafood OB:GSF Stock Report

Last Price

NOK 60.65

Market Cap

NOK 6.8b

7D

-7.6%

1Y

-6.0%

Updated

22 Dec, 2024

Data

Company Financials +

Grieg Seafood ASA

OB:GSF Stock Report

Market Cap: NOK 6.8b

GSF Stock Overview

Through its subsidiaries, operates as a fish farming company in Norway, the United Kingdom, rest of Europe, the United States, Canada, Asia, and internationally. More details

GSF fundamental analysis
Snowflake Score
Valuation5/6
Future Growth4/6
Past Performance0/6
Financial Health2/6
Dividends1/6

Rewards

Trading at 91.7% below our estimate of its fair value

Earnings are forecast to grow 102.98% per year

Trading at good value compared to peers and industry

Risk Analysis

Debt is not well covered by operating cash flow


My Notes

Capture your thoughts, links and company narrative

Grieg Seafood ASA Competitors

Aker BioMarine

OB:AKBM

NOK 5.8b

Icelandic Salmon

OB:ISLAX

NOK 3.7b

Kaldvik

OB:KLDVK

NOK 3.5b

Måsøval

OB:MAS

NOK 3.2b

Price History & Performance

Summary of share price highs, lows and changes for Grieg Seafood
Historical stock prices
Current Share PriceNOK 60.65
52 Week HighNOK 77.40
52 Week LowNOK 47.00
Beta0.69
1 Month Change-6.40%
3 Month Change6.68%
1 Year Change-6.04%
3 Year Change-26.17%
5 Year Change-57.38%
Change since IPO163.70%

Recent News & Updates

Is Grieg Seafood (OB:GSF) Using Debt Sensibly?

Nov 27
Is Grieg Seafood (OB:GSF) Using Debt Sensibly?

Investors Continue Waiting On Sidelines For Grieg Seafood ASA (OB:GSF)

Oct 29
Investors Continue Waiting On Sidelines For Grieg Seafood ASA (OB:GSF)

Recent updates

Is Grieg Seafood (OB:GSF) Using Debt Sensibly?

Nov 27
Is Grieg Seafood (OB:GSF) Using Debt Sensibly?

Investors Continue Waiting On Sidelines For Grieg Seafood ASA (OB:GSF)

Oct 29
Investors Continue Waiting On Sidelines For Grieg Seafood ASA (OB:GSF)

Grieg Seafood (OB:GSF) Has A Somewhat Strained Balance Sheet

Aug 14
Grieg Seafood (OB:GSF) Has A Somewhat Strained Balance Sheet

Calculating The Intrinsic Value Of Grieg Seafood ASA (OB:GSF)

Apr 26
Calculating The Intrinsic Value Of Grieg Seafood ASA (OB:GSF)

Results: Grieg Seafood ASA Confounded Analyst Expectations With A Surprise Profit

Feb 25
Results: Grieg Seafood ASA Confounded Analyst Expectations With A Surprise Profit

Take Care Before Diving Into The Deep End On Grieg Seafood ASA (OB:GSF)

Jan 09
Take Care Before Diving Into The Deep End On Grieg Seafood ASA (OB:GSF)

Is Grieg Seafood ASA (OB:GSF) Trading At A 24% Discount?

Dec 20
Is Grieg Seafood ASA (OB:GSF) Trading At A 24% Discount?

Some Investors May Be Worried About Grieg Seafood's (OB:GSF) Returns On Capital

Oct 05
Some Investors May Be Worried About Grieg Seafood's (OB:GSF) Returns On Capital

These 4 Measures Indicate That Grieg Seafood (OB:GSF) Is Using Debt Extensively

Sep 06
These 4 Measures Indicate That Grieg Seafood (OB:GSF) Is Using Debt Extensively

Some Investors May Be Worried About Grieg Seafood's (OB:GSF) Returns On Capital

Jun 22
Some Investors May Be Worried About Grieg Seafood's (OB:GSF) Returns On Capital

Is Grieg Seafood (OB:GSF) A Risky Investment?

May 10
Is Grieg Seafood (OB:GSF) A Risky Investment?

Grieg Seafood (OB:GSF) Is Paying Out A Larger Dividend Than Last Year

Apr 03
Grieg Seafood (OB:GSF) Is Paying Out A Larger Dividend Than Last Year

Grieg Seafood (OB:GSF) Might Be Having Difficulty Using Its Capital Effectively

Feb 08
Grieg Seafood (OB:GSF) Might Be Having Difficulty Using Its Capital Effectively

Grieg Seafood ASA's (OB:GSF) Intrinsic Value Is Potentially 24% Below Its Share Price

Jan 26
Grieg Seafood ASA's (OB:GSF) Intrinsic Value Is Potentially 24% Below Its Share Price

Here's Why We Think Grieg Seafood (OB:GSF) Might Deserve Your Attention Today

Jan 09
Here's Why We Think Grieg Seafood (OB:GSF) Might Deserve Your Attention Today

We Think Grieg Seafood (OB:GSF) Can Manage Its Debt With Ease

Sep 20
We Think Grieg Seafood (OB:GSF) Can Manage Its Debt With Ease

Grieg Seafood (OB:GSF) Will Want To Turn Around Its Return Trends

Aug 03
Grieg Seafood (OB:GSF) Will Want To Turn Around Its Return Trends

Grieg Seafood (OB:GSF) Could Easily Take On More Debt

Jun 21
Grieg Seafood (OB:GSF) Could Easily Take On More Debt

Estimating The Intrinsic Value Of Grieg Seafood ASA (OB:GSF)

May 22
Estimating The Intrinsic Value Of Grieg Seafood ASA (OB:GSF)

Shareholder Returns

GSFNO FoodNO Market
7D-7.6%-6.3%-2.8%
1Y-6.0%14.7%-0.8%

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

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

Price Volatility

Is GSF's price volatile compared to industry and market?
GSF volatility
GSF Average Weekly Movement5.4%
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: GSF has not had significant price volatility in the past 3 months compared to the Norwegian market.

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

About the Company

FoundedEmployeesCEOWebsite
1988733Andreas Kvamegriegseafood.com

Grieg Seafood ASA, through its subsidiaries, operates as a fish farming company in Norway, the United Kingdom, rest of Europe, the United States, Canada, Asia, and internationally. It engages in the farming, production, and sale of Atlantic salmon. The company was incorporated in 1988 and is headquartered in Bergen, Norway.

Grieg Seafood ASA Fundamentals Summary

How do Grieg Seafood's earnings and revenue compare to its market cap?
GSF fundamental statistics
Market capNOK 6.80b
Earnings (TTM)-NOK 515.40m
Revenue (TTM)NOK 7.23b

0.9x

P/S Ratio

-13.2x

P/E Ratio

Is GSF overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GSF income statement (TTM)
RevenueNOK 7.23b
Cost of RevenueNOK 4.04b
Gross ProfitNOK 3.20b
Other ExpensesNOK 3.71b
Earnings-NOK 515.40m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 20, 2025

Earnings per share (EPS)-4.60
Gross Margin44.19%
Net Profit Margin-7.13%
Debt/Equity Ratio83.8%

How did GSF perform over the long term?

See historical performance and comparison

Dividends

2.9%

Current Dividend Yield

-37%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 01:10
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
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

Grieg Seafood ASA is covered by 15 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullABG Sundal Collier
Knut LøvstadBeringer Finance AB
Niklas EkmanCarnegie Investment Bank AB