Måsøval AS, an aquaculture company, produces and sells salmon in various European countries, the United States, and Asia.
Price History & Performance
|Historical stock prices|
|Current Share Price||kr42.49|
|52 Week High||kr34.20|
|52 Week Low||kr44.00|
|1 Month Change||5.04%|
|3 Month Change||11.82%|
|1 Year Change||n/a|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||12.41%|
Recent News & Updates
|MAS||NO Food||NO Market|
Return vs Industry: Insufficient data to determine how MAS performed against the Norwegian Food industry.
Return vs Market: Insufficient data to determine how MAS performed against the Norwegian Market.
Stable Share Price: MAS is not significantly more volatile than the rest of Norwegian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: Insufficient data to determine MAS's volatility change over the past year.
About the Company
Måsøval AS, an aquaculture company, produces and sells salmon in various European countries, the United States, and Asia. The company was founded in 1973 and is based in Frøya, Norway. Måsøval AS operates as a subsidiary of Måsøval Eiendom AS.
Måsøval Fundamentals Summary
|MAS fundamental statistics|
Is MAS overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|MAS income statement (TTM)|
|Cost of Revenue||kr436.50m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Nov 18, 2021
|Earnings per share (EPS)||0.95|
|Net Profit Margin||13.74%|
How did MAS perform over the long term?See historical performance and comparison
Is Måsøval 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: MAS (NOK42.49) is trading below our estimate of fair value (NOK86.64)
Significantly Below Fair Value: MAS is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: MAS is poor value based on its PE Ratio (44.7x) compared to the Norwegian Food industry average (25.9x).
PE vs Market: MAS is poor value based on its PE Ratio (44.7x) compared to the Norwegian market (13.9x).
Price to Earnings Growth Ratio
PEG Ratio: MAS is poor value based on its PEG Ratio (1.7x)
Price to Book Ratio
PB vs Industry: MAS is overvalued based on its PB Ratio (7.5x) compared to the NO Food industry average (2.4x).
How is Måsøval forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MAS's forecast earnings growth (26.2% per year) is above the savings rate (1.2%).
Earnings vs Market: MAS's earnings (26.2% per year) are forecast to grow faster than the Norwegian market (9.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: MAS's revenue (15.4% per year) is forecast to grow faster than the Norwegian market (5.9% per year).
High Growth Revenue: MAS's revenue (15.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MAS's Return on Equity is forecast to be high in 3 years time (23.6%)
How has Måsøval performed over the past 5 years?
Last years earnings growth
Earnings and Revenue History
Quality Earnings: MAS has a high level of non-cash earnings.
Growing Profit Margin: MAS's current net profit margins (13.7%) are lower than last year (18.5%).
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if MAS's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: MAS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MAS had negative earnings growth (-36%) over the past year, making it difficult to compare to the Food industry average (43.6%).
Return on Equity
High ROE: MAS's Return on Equity (16.1%) is considered low.
How is Måsøval's financial position?
Financial Position Analysis
Short Term Liabilities: MAS's short term assets (NOK759.2M) exceed its short term liabilities (NOK551.0M).
Long Term Liabilities: MAS's short term assets (NOK759.2M) do not cover its long term liabilities (NOK1.0B).
Debt to Equity History and Analysis
Debt Level: MAS's debt to equity ratio (181.5%) is considered high.
Reducing Debt: Insufficient data to determine if MAS's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: MAS's debt is not well covered by operating cash flow (7.6%).
Interest Coverage: MAS's interest payments on its debt are not well covered by EBIT (2x coverage).
What is Måsøval current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MAS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MAS'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 MAS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MAS'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 MAS's dividend in 3 years as they are not forecast to pay a notable one for the Norwegian market.
How experienced are the management team and are they aligned to shareholders interests?
Måsøval has no CEO, or we have no data on them.
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.
Dilution of Shares: MAS only recently listed within the past 12 months.
Måsøval AS's employee growth, exchange listings and data sources
- Name: Måsøval AS
- Ticker: MAS
- Exchange: OB
- Founded: 1973
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Market Cap: kr4.585b
- Shares outstanding: 107.92m
- Website: https://www.masoval.no
Number of Employees
- Måsøval AS
- Nordfrøyveien 413
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/16 04:58|
|End of Day Share Price||2021/09/15 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.