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KING

KingfishOB:KING Stock Report

Market Cap

kr1.6b

7D

1.5%

1Y

n/a

Updated

23 Sep, 2021

Data

Company Financials +
KING fundamental analysis
Snowflake Score
Valuation0/6
Future Growth2/6
Past Performance0/6
Financial Health4/6
Dividends0/6

KING Overview

The Kingfish Company N.V. produces and sells seafood products in the European Union.

Price History & Performance

Summary of all time highs, changes and price drops for Kingfish
Historical stock prices
Current Share Pricekr23.50
52 Week Highkr21.00
52 Week Lowkr38.00
Beta0
1 Month Change-4.47%
3 Month Change-9.44%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO-8.20%

Recent News & Updates

Shareholder Returns

KINGNO FoodNO Market
7D1.5%3.1%0.5%
1Yn/a16.7%25.9%

Return vs Industry: Insufficient data to determine how KING performed against the Norwegian Food industry.

Return vs Market: Insufficient data to determine how KING performed against the Norwegian Market.

Price Volatility

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

Stable Share Price: KING is not significantly more volatile than the rest of Norwegian stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: KING's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
201593Ohad Maimanhttps://www.the-kingfish-company.com

The Kingfish Company N.V. produces and sells seafood products in the European Union. The company also engages in the breeding activity. It produces Dutch Yellowtail Kingfish, an antibiotic free marine seafood.

Kingfish Fundamentals Summary

How do Kingfish's earnings and revenue compare to its market cap?
KING fundamental statistics
Market Cap€158.11m
Earnings (TTM)-€5.86m
Revenue (TTM)€6.82m

23.2x

P/S Ratio

-27.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
KING income statement (TTM)
Revenue€6.82m
Cost of Revenue€4.67m
Gross Profit€2.15m
Expenses€8.01m
Earnings-€5.86m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Apr 21, 2022

Earnings per share (EPS)-0.087
Gross Margin31.53%
Net Profit Margin-86.01%
Debt/Equity Ratio14.3%

How did KING perform over the long term?

See historical performance and comparison

Valuation

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

2.44x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate KING's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate KING's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: KING is unprofitable, so we can't compare its PE Ratio to the Norwegian Food industry average.

PE vs Market: KING is unprofitable, so we can't compare its PE Ratio to the Norwegian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate KING's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: KING's PB Ratio (2.4x) is in line with the NO Food industry average.


Future Growth

How is Kingfish forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

-14.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: KING is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: KING is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: KING is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: KING's revenue (59% per year) is forecast to grow faster than the Norwegian market (5.7% per year).

High Growth Revenue: KING's revenue (59% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: KING is forecast to be unprofitable in 3 years.


Past Performance

How has Kingfish performed over the past 5 years?

-148.8%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: KING is currently unprofitable.

Growing Profit Margin: KING is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Unable to establish if KING's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.

Accelerating Growth: Unable to compare KING's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: KING is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (33.1%).


Return on Equity

High ROE: KING has a negative Return on Equity (-9.05%), as it is currently unprofitable.


Financial Health

How is Kingfish's financial position?


Financial Position Analysis

Short Term Liabilities: KING's short term assets (€33.6M) exceed its short term liabilities (€5.7M).

Long Term Liabilities: KING's short term assets (€33.6M) exceed its long term liabilities (€9.1M).


Debt to Equity History and Analysis

Debt Level: KING's debt to equity ratio (14.3%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if KING's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: KING has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: KING has less than a year of cash runway if free cash flow continues to reduce at historical rates of 72.4% each year


Dividend

What is Kingfish current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate KING's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate KING's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if KING's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if KING's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of KING's dividend in 3 years as they are not forecast to pay a notable one for the Norwegian market.


Next Steps

Management

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


CEO

Ohad Maiman

no data

Tenure

Mr. Ohad Maiman Founded The Kingfish Company (formerly known as Kingfish Zeeland B.V.). in 2015 and serves as its Chief Executive Officer. Mr. Maiman served as Vice President of Business Development at th...


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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: KING only recently listed within the past 12 months.


Top Shareholders

Company Information

The Kingfish Company N.V.'s employee growth, exchange listings and data sources


Key Information

  • Name: The Kingfish Company N.V.
  • Ticker: KING
  • Exchange: OB
  • Founded: 2015
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: kr1.592b
  • Shares outstanding: 67.74m
  • Website: https://www.the-kingfish-company.com

Number of Employees


Location

  • The Kingfish Company N.V.
  • Oost-Zeedijk 13
  • Kats
  • Zeeland
  • 4485 PM
  • Netherlands

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/23 21:45
End of Day Share Price2021/09/23 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.