OB:LSG

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Executive Summary

Lerøy Seafood Group ASA produces, processes, markets, and distributes fresh, frozen, and smoked seafood products worldwide. More Details


Snowflake Analysis

Flawless balance sheet, undervalued and pays a dividend.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: LSG has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-4.7%

LSG

-2.7%

NO Food

-0.3%

NO Market


1 Year Return

-19.9%

LSG

-8.0%

NO Food

-6.4%

NO Market

Return vs Industry: LSG underperformed the Norwegian Food industry which returned -7.4% over the past year.

Return vs Market: LSG underperformed the Norwegian Market which returned -6.3% over the past year.


Shareholder returns

LSGIndustryMarket
7 Day-4.7%-2.7%-0.3%
30 Day-8.7%-0.7%-0.05%
90 Day-7.3%4.6%2.1%
1 Year-17.7%-19.9%-6.3%-8.0%-3.2%-6.4%
3 Year5.2%-3.5%36.8%20.9%2.9%-8.7%
5 Year100.3%73.6%120.7%76.8%43.9%14.5%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Lerøy Seafood Group 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: LSG (NOK50.52) is trading below our estimate of fair value (NOK122.36)

Significantly Below Fair Value: LSG is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: LSG is good value based on its PE Ratio (24.2x) compared to the NO Food industry average (28.4x).

PE vs Market: LSG is poor value based on its PE Ratio (24.2x) compared to the Norwegian market (15.1x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: LSG is good value based on its PB Ratio (1.8x) compared to the NO Food industry average (2.9x).


Next Steps

Future Growth

How is Lerøy Seafood Group forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

40.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: LSG's forecast earnings growth (40% per year) is above the savings rate (1.6%).

Earnings vs Market: LSG's earnings (40% per year) are forecast to grow faster than the Norwegian market (33.1% per year).

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

Revenue vs Market: LSG's revenue (9% per year) is forecast to grow faster than the Norwegian market (5.5% per year).

High Growth Revenue: LSG's revenue (9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: LSG's Return on Equity is forecast to be low in 3 years time (15.1%).


Next Steps

Past Performance

How has Lerøy Seafood Group performed over the past 5 years?

2.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: LSG has high quality earnings.

Growing Profit Margin: LSG's current net profit margins (6.1%) are lower than last year (10.3%).


Past Earnings Growth Analysis

Earnings Trend: LSG's earnings have grown by 2.7% per year over the past 5 years.

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

Earnings vs Industry: LSG had negative earnings growth (-39.5%) over the past year, making it difficult to compare to the Food industry average (-35.1%).


Return on Equity

High ROE: LSG's Return on Equity (7%) is considered low.


Next Steps

Financial Health

How is Lerøy Seafood Group's financial position?


Financial Position Analysis

Short Term Liabilities: LSG's short term assets (NOK11.8B) exceed its short term liabilities (NOK4.1B).

Long Term Liabilities: LSG's short term assets (NOK11.8B) exceed its long term liabilities (NOK8.6B).


Debt to Equity History and Analysis

Debt Level: LSG's debt to equity ratio (31.4%) is considered satisfactory.

Reducing Debt: LSG's debt to equity ratio has reduced from 41.9% to 31.4% over the past 5 years.

Debt Coverage: LSG's debt is well covered by operating cash flow (58.7%).

Interest Coverage: LSG's interest payments on its debt are well covered by EBIT (6.8x coverage).


Balance Sheet


Next Steps

Dividend

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

2.97%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: LSG's dividend (2.97%) is higher than the bottom 25% of dividend payers in the Norwegian market (2.48%).

High Dividend: LSG's dividend (2.97%) is low compared to the top 25% of dividend payers in the Norwegian market (6.61%).


Stability and Growth of Payments

Stable Dividend: LSG's dividend payments have been volatile in the past 10 years.

Growing Dividend: LSG's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (71.8%), LSG's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: LSG's dividends in 3 years are forecast to be covered by earnings (60.9% payout ratio).


Next Steps

Management

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

8.0yrs

Average management tenure


CEO

Henning Beltestad (52 yo)

10.58yrs

Tenure

Mr. Henning Kolbjørn Beltestad serves as Group Chief Executive Officer at Lerøy Seafood Group ASA since March 2010 and is its Director. Mr. Beltestad serves as Managing Director of Hallvard Lerøy AS. Mr. B ...


Leadership Team

NamePositionTenureCompensationOwnership
Henning Beltestad
Group CEO10.58yrsno data0.0041%
NOK 1.2m
Sjur Malm
Chief Financial Officer8yrsno datano data
Krister Hoaas
Manager of Public Affairsno datano datano data
Ivar Wulff
Chief Operating Officer of Sales & Distribution1.75yrsno datano data
Siren Grønhaug
Group Director of HR1.67yrskr1.61mno data
Stig Nilsen
Chief Operating Officer of Farming10.75yrsno datano data
Webjorn Barstad
Chief Operating Officer of Wild Catchno datano datano data

8.0yrs

Average Tenure

53.5yo

Average Age

Experienced Management: LSG's management team is seasoned and experienced (8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Hans Vestre
Employee Representative Director25.5yrsno datano data
Helge Singelstad
Chairman of the Boardno datakr364.00kno data
Didrik Munch
Independent Director8.42yrsno datano data
Arne Møgster
Director11.42yrsno datano data
Britt Drivenes
Director12.42yrsno datano data
Karoline Møgster
Director3.42yrsno datano data
Siri Mannes
Independent Director2.42yrsno datano data

9.9yrs

Average Tenure

54yo

Average Age

Experienced Board: LSG's board of directors are considered experienced (9.9 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Lerøy Seafood Group ASA's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Lerøy Seafood Group ASA
  • Ticker: LSG
  • Exchange: OB
  • Founded: 1899
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: kr30.155b
  • Shares outstanding: 595.48m
  • Website: https://www.leroyseafood.com

Number of Employees


Location

  • Lerøy Seafood Group ASA
  • ThormOehlens gate 51 B
  • Bergen
  • Hordaland
  • 5006
  • Norway

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
LYSF.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDNov 2000
LSGOB (Oslo Bors)YesOrdinary SharesNONOKNov 2000
0GM2LSE (London Stock Exchange)YesOrdinary SharesGBNOKNov 2000
Z1LDB (Deutsche Boerse AG)YesOrdinary SharesDEEURNov 2000
LSGOBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBNOKNov 2000
LYSF.YOTCPK (Pink Sheets LLC)UNSPONSORED ADRUSUSDMay 2014

Biography

Lerøy Seafood Group ASA produces, processes, markets, and distributes fresh, frozen, and smoked seafood products worldwide. It operates through Farming; Wildcatch; and Value-Added Processing, Sales and Dis ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/19 21:26
End of Day Share Price2020/10/19 00:00
Earnings2020/06/30
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.