Mowi Valuation
Is MOWI undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
5/6Valuation Score 5/6
Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast
Share Price vs Fair Value
What is the Fair Price of MOWI when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: MOWI (NOK175.15) is trading below our estimate of fair value (NOK536.75)
Significantly Below Fair Value: MOWI is trading below fair value by more than 20%.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for MOWI?
Other financial metrics that can be useful for relative valuation.
| What is MOWI's n/a Ratio? | |
|---|---|
| n/a | 0x |
| n/a | n/a |
| Market Cap | €7.71b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 1.9x |
| Enterprise Value/EBITDA | 9.5x |
| PEG Ratio | 0.5x |
Price to Earnings Ratio vs Peers
How does MOWI's PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 30.8x | ||
ORK Orkla | 14.7x | 3.7% | NOK 89.3b |
SALM SalMar | 43.1x | 36.7% | NOK 75.1b |
BAKKA P/F Bakkafrost | 22.8x | 24.8% | NOK 32.0b |
KLDVK Kaldvik | 42.5x | 64.7% | NOK 3.1b |
MOWI Mowi | 23.1x | 42.5% | NOK 90.6b |
Price-To-Earnings vs Peers: MOWI is good value based on its Price-To-Earnings Ratio (23.1x) compared to the peer average (30.8x).
Price to Earnings Ratio vs Industry
How does MOWI's PE Ratio compare vs other companies in the European Food Industry?
Price-To-Earnings vs Industry: MOWI is expensive based on its Price-To-Earnings Ratio (23.1x) compared to the European Food industry average (14.7x).
Price to Earnings Ratio vs Fair Ratio
What is MOWI's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 23.1x |
| Fair PE Ratio | 33.6x |
Price-To-Earnings vs Fair Ratio: MOWI is good value based on its Price-To-Earnings Ratio (23.1x) compared to the estimated Fair Price-To-Earnings Ratio (33.6x).
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
| Date | Share Price | Average 1Y Price Target | Dispersion | High | Low | 1Y Actual price | Analysts |
|---|---|---|---|---|---|---|---|
| Current | NOK 175.15 | NOK 223.97 +27.9% | 10.2% | NOK 256.06 | NOK 179.07 | n/a | 10 |
| Jul ’25 | NOK 178.05 | NOK 227.57 +27.8% | 8.0% | NOK 257.04 | NOK 195.43 | n/a | 10 |
| Jun ’25 | NOK 187.80 | NOK 228.76 +21.8% | 9.0% | NOK 264.75 | NOK 194.72 | n/a | 10 |
| May ’25 | NOK 195.95 | NOK 234.05 +19.4% | 9.1% | NOK 275.48 | NOK 203.20 | n/a | 10 |
| Apr ’25 | NOK 198.95 | NOK 232.40 +16.8% | 10.6% | NOK 271.17 | NOK 190.82 | n/a | 11 |
| Mar ’25 | NOK 207.40 | NOK 229.77 +10.8% | 8.3% | NOK 249.32 | NOK 189.98 | n/a | 10 |
| Feb ’25 | NOK 188.30 | NOK 222.80 +18.3% | 10.0% | NOK 248.28 | NOK 181.32 | n/a | 11 |
| Jan ’25 | NOK 182.00 | NOK 211.28 +16.1% | 9.1% | NOK 235.26 | NOK 170.19 | n/a | 11 |
| Dec ’24 | NOK 191.50 | NOK 217.36 +13.5% | 9.3% | NOK 243.81 | NOK 176.38 | n/a | 11 |
| Nov ’24 | NOK 179.75 | NOK 220.68 +22.8% | 7.7% | NOK 242.43 | NOK 187.43 | n/a | 11 |
| Oct ’24 | NOK 189.55 | NOK 215.08 +13.5% | 8.8% | NOK 246.14 | NOK 174.12 | n/a | 10 |
| Sep ’24 | NOK 192.00 | NOK 215.41 +12.2% | 8.7% | NOK 246.91 | NOK 174.66 | n/a | 10 |
| Aug ’24 | NOK 180.75 | NOK 214.91 +18.9% | 10.2% | NOK 240.42 | NOK 166.26 | n/a | 11 |
| Jul ’24 | NOK 170.20 | NOK 225.67 +32.6% | 10.9% | NOK 267.82 | NOK 174.89 | NOK 178.05 | 11 |
| Jun ’24 | NOK 191.55 | NOK 233.95 +22.1% | 9.6% | NOK 271.35 | NOK 181.11 | NOK 187.80 | 11 |
| May ’24 | NOK 203.10 | NOK 224.17 +10.4% | 9.5% | NOK 256.45 | NOK 174.69 | NOK 195.95 | 11 |
| Apr ’24 | NOK 193.40 | NOK 212.80 +10.0% | 8.1% | NOK 240.73 | NOK 176.48 | NOK 198.95 | 11 |
| Mar ’24 | NOK 176.70 | NOK 204.57 +15.8% | 8.4% | NOK 232.95 | NOK 170.78 | NOK 207.40 | 11 |
| Feb ’24 | NOK 186.65 | NOK 195.95 +5.0% | 5.6% | NOK 212.50 | NOK 171.48 | NOK 188.30 | 11 |
| Jan ’24 | NOK 167.20 | NOK 186.12 +11.3% | 9.0% | NOK 217.64 | NOK 161.72 | NOK 182.00 | 11 |
| Dec ’23 | NOK 155.65 | NOK 185.88 +19.4% | 9.0% | NOK 219.28 | NOK 162.93 | NOK 191.50 | 11 |
| Nov ’23 | NOK 155.25 | NOK 177.25 +14.2% | 9.6% | NOK 213.87 | NOK 152.05 | NOK 179.75 | 11 |
| Oct ’23 | NOK 138.50 | NOK 258.31 +86.5% | 15.8% | NOK 315.51 | NOK 180.39 | NOK 189.55 | 11 |
| Sep ’23 | NOK 206.20 | NOK 261.66 +26.9% | 9.2% | NOK 300.45 | NOK 229.97 | NOK 192.00 | 11 |
| Aug ’23 | NOK 223.20 | NOK 264.58 +18.5% | 6.2% | NOK 289.20 | NOK 227.85 | NOK 180.75 | 11 |
| Jul ’23 | NOK 228.50 | NOK 263.98 +15.5% | 9.5% | NOK 295.03 | NOK 208.58 | NOK 170.20 | 10 |
Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.