Mowi ASA, a seafood company, produces and supplies farmed salmon products worldwide. More Details
High growth potential with adequate 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 not significantly more volatile than the rest of Norwegian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: MOWI's weekly volatility (5%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: MOWI underperformed the Norwegian Food industry which returned -7.8% over the past year.
Return vs Market: MOWI underperformed the Norwegian Market which returned -1.8% 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
4 days ago | Simply Wall StThe Trends At Mowi (OB:MOWI) That You Should Know About
2 weeks ago | Simply Wall StAlf-Helge Aarskog Is The Deputy Chairman of Mowi ASA (OB:MOWI) And They Just Picked Up 2,959% More Shares
1 month ago | Simply Wall StAre Investors Undervaluing Mowi ASA (OB:MOWI) By 40%?
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 (NOK183.15) is trading below our estimate of fair value (NOK242.76)
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 (33.6x) compared to the NO Food industry average (20.9x).
PE vs Market: MOWI is poor value based on its PE Ratio (33.6x) compared to the Norwegian market (15.5x).
Price to Earnings Growth Ratio
PEG Ratio: MOWI is good value based on its PEG Ratio (0.8x)
Price to Book Ratio
PB vs Industry: MOWI is overvalued based on its PB Ratio (3.3x) compared to the NO Food industry average (2.6x).
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 (42.8% per year) is above the savings rate (1.6%).
Earnings vs Market: MOWI's earnings (42.8% per year) are forecast to grow faster than the Norwegian market (34.1% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: MOWI's revenue (6.5% per year) is forecast to grow faster than the Norwegian market (6.1% per year).
High Growth Revenue: MOWI's revenue (6.5% 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 high in 3 years time (20.1%)
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 (7.1%) are lower than last year (10.6%).
Past Earnings Growth Analysis
Earnings Trend: MOWI's earnings have grown by 2.4% 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 (-37.3%) over the past year, making it difficult to compare to the Food industry average (18.4%).
Return on Equity
High ROE: MOWI's Return on Equity (10.1%) is considered low.
How is Mowi's financial position?
Financial Position Analysis
Short Term Liabilities: MOWI's short term assets (€2.4B) exceed its short term liabilities (€730.9M).
Long Term Liabilities: MOWI's short term assets (€2.4B) exceed its long term liabilities (€2.3B).
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 increased from 52.8% to 57.2% over the past 5 years.
Debt Coverage: MOWI's debt is well covered by operating cash flow (33.8%).
Interest Coverage: MOWI's interest payments on its debt are well covered by EBIT (5.4x coverage).
What is Mowi current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MOWI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MOWI'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 MOWI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MOWI's dividend payments have been 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 ($USD1.71M) is above average for companies of similar size in the Norwegian market ($USD1.06M).
Compensation vs Earnings: Ivan's compensation has been consistent with company performance over the past year.
|Chief Executive Officer||1yr||€1.43m||0.0014% |
|Chief Financial Officer||1yr||€208.00k||0.00015% |
|Chief Sustainability Officer & CTO||0.58yr||€185.00k||0.00043% |
|Chief Operating Officer of Sales & Marketing||9.92yrs||€887.00k||0.0019% |
|Chief Human Resource Officer||8yrs||€242.00k||0.00021% |
|Chief Operating Officer of Farming Scotland||7.75yrs||€962.00k||0.0015% |
|Chief Operating Officer of Farming Norway||0.58yr||€302.00k||0.00099% |
|Chief Operating Officer of Feed||0.83yr||no data||0.000060% |
|Head of Treasury & Investor Relations Officer||no data||no data||0.00017% |
|Managing Director of Marine Harvest Asia||19.83yrs||no data||no data|
|Managing Director of Marine Harvest Ireland||26.33yrs||no data||no data|
|Chief Operating Officer-Farming Americas||0.083yr||no data||0.000030% |
Experienced Management: MOWI's management team is not considered experienced ( 1 years average tenure), which suggests a new team.
|Independent Director||5.42yrs||€84.00k||0.00012% |
|Director||0.42yr||no data||no data|
|Chairman of the Board||no data||€122.00k||0.29% |
|Deputy Chairman||0.42yr||€2.22m||0.0020% |
|Director||0.42yr||no data||no data|
|Deputy Employee Representative Member of the Board||no data||no data||no data|
|Employee Representative Director||2.83yrs||€51.00k||0.00021% |
|Director||0.83yr||no data||0.00010% |
|Director||0.83yr||no data||0.00022% |
Experienced Board: MOWI's board of directors are not considered experienced ( 0.8 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: MOWI 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: 1965
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Market Cap: kr93.390b
- Shares outstanding: 517.11m
- Website: https://www.mowi.com
Number of Employees
- Mowi ASA
- Sandviksboder 77A/B
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MOWI||OB (Oslo Bors)||Yes||Ordinary Shares||NO||NOK||Jul 1997|
|PND||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jul 1997|
|MNHV.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Jul 1997|
|0OAW||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||NOK||Jul 1997|
|MOWIO||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||NOK||Jul 1997|
|MHGV.Y||OTCPK (Pink Sheets LLC)||SPONSORED ADS||US||USD||Oct 2008|
|PNDA||DB (Deutsche Boerse AG)||SPONSORED ADS||DE||EUR||Oct 2008|
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||2020/11/27 17:23|
|End of Day Share Price||2020/11/27 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.