Mowi ASA, a seafood company, produces and supplies farmed salmon products worldwide. More Details
High growth potential with excellent balance sheet.
Share Price & News
How has Mowi's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MOWI is less volatile than 75% of Norwegian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: MOWI's weekly volatility (4%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: MOWI exceeded the Norwegian Food industry which returned 16.4% over the past year.
Return vs Market: MOWI underperformed the Norwegian Market which returned 39.2% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Mowi's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StDid You Participate In Any Of Mowi's (OB:MOWI) Fantastic 107% Return ?
1 month ago | Simply Wall StDoes Mowi ASA's (OB:MOWI) Weak Fundamentals Mean A Downturn In Its Stock Should Be Expected?
1 month ago | Simply Wall StIs Mowi ASA's (OB:MOWI) Shareholder Ownership Skewed Towards Insiders?
Is Mowi 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: MOWI (NOK211.2) is trading below our estimate of fair value (NOK305.58)
Significantly Below Fair Value: MOWI is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: MOWI is poor value based on its PE Ratio (92.5x) compared to the Norwegian Food industry average (38.6x).
PE vs Market: MOWI is poor value based on its PE Ratio (92.5x) compared to the Norwegian market (14.9x).
Price to Earnings Growth Ratio
PEG Ratio: MOWI is poor value based on its PEG Ratio (2.5x)
Price to Book Ratio
PB vs Industry: MOWI is overvalued based on its PB Ratio (3.9x) compared to the NO Food industry average (2.7x).
How is Mowi forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MOWI's forecast earnings growth (37.5% per year) is above the savings rate (1.2%).
Earnings vs Market: MOWI's earnings (37.5% per year) are forecast to grow faster than the Norwegian market (17.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: MOWI's revenue (6.6% per year) is forecast to grow faster than the Norwegian market (4.4% per year).
High Growth Revenue: MOWI's revenue (6.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MOWI's Return on Equity is forecast to be low in 3 years time (19.5%).
How has Mowi performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MOWI has high quality earnings.
Growing Profit Margin: MOWI's current net profit margins (3.1%) are lower than last year (11.5%).
Past Earnings Growth Analysis
Earnings Trend: MOWI's earnings have declined by 5.9% per year over the past 5 years.
Accelerating Growth: MOWI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MOWI had negative earnings growth (-75.2%) over the past year, making it difficult to compare to the Food industry average (-3%).
Return on Equity
High ROE: MOWI's Return on Equity (4.3%) is considered low.
How is Mowi's financial position?
Financial Position Analysis
Short Term Liabilities: MOWI's short term assets (€2.5B) exceed its short term liabilities (€719.5M).
Long Term Liabilities: MOWI's short term assets (€2.5B) exceed its long term liabilities (€2.4B).
Debt to Equity History and Analysis
Debt Level: MOWI's debt to equity ratio (57.2%) is considered high.
Reducing Debt: MOWI's debt to equity ratio has reduced from 60.4% to 57.2% over the past 5 years.
Debt Coverage: MOWI's debt is well covered by operating cash flow (31.8%).
Interest Coverage: MOWI's interest payments on its debt are well covered by EBIT (3.2x coverage).
What is Mowi current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MOWI's dividend (0.6%) isn’t notable compared to the bottom 25% of dividend payers in the Norwegian market (1.92%).
High Dividend: MOWI's dividend (0.6%) is low compared to the top 25% of dividend payers in the Norwegian market (5.03%).
Stability and Growth of Payments
Stable Dividend: MOWI is not paying a notable dividend for the Norwegian market, therefore no need to check if payments are stable.
Growing Dividend: MOWI is not paying a notable dividend for the Norwegian market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: MOWI is not paying a notable dividend for the Norwegian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MOWI'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?
Average management tenure
Ivan Vindheim (49 yo)
Mr. Ivan Vindheim serves as Chief Executive Officer at Mowi ASA (Marine Harvest ASA) since November 12, 2019. He had been the Chief Financial Officer at Mowi ASA (Marine Harvest ASA) since August 1, 2012 u...
CEO Compensation Analysis
Compensation vs Market: Ivan's total compensation ($USD1.87M) is above average for companies of similar size in the Norwegian market ($USD1.39M).
Compensation vs Earnings: Ivan's compensation has been consistent with company performance over the past year.
Experienced Management: MOWI's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Experienced Board: MOWI's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Mowi ASA's company bio, employee growth, exchange listings and data sources
- Name: Mowi ASA
- Ticker: MOWI
- Exchange: OB
- Founded: 1964
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Market Cap: kr109.214b
- Shares outstanding: 517.11m
- Website: https://www.mowi.com
Number of Employees
- Mowi ASA
- Sandviksboder 77A/B
Mowi ASA, a seafood company, produces and supplies farmed salmon products worldwide. The company operates through three segments: Feed, Farming, and Sales and Marketing. It is involved in the salmon feed p...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/13 01:20|
|End of Day Share Price||2021/05/12 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.