NOAP

Nordic Aqua PartnersOB:NOAP Stock Report

Market Cap

kr620.1m

7D

-3.5%

1Y

n/a

Updated

17 Sep, 2021

Data

Company Financials +
NOAP fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

NOAP Overview

Nordic Aqua Partners A/S, a holding company, provides aquaculture services in the People’s Republic of China.

Price History & Performance

Summary of all time highs, changes and price drops for Nordic Aqua Partners
Historical stock prices
Current Share Pricekr60.30
52 Week Highkr50.60
52 Week Lowkr98.00
Beta0
1 Month Change-0.17%
3 Month Change-13.86%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO-33.00%

Recent News & Updates

Jul 13
Here's Why We're Not Too Worried About Nordic Aqua Partners' (OB:NOAP) Cash Burn Situation

Here's Why We're Not Too Worried About Nordic Aqua Partners' (OB:NOAP) Cash Burn Situation

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although...

Mar 21
We're Hopeful That Nordic Aqua Partners (OB:NOAP) Will Use Its Cash Wisely

We're Hopeful That Nordic Aqua Partners (OB:NOAP) Will Use Its Cash Wisely

We can readily understand why investors are attracted to unprofitable companies. For example, biotech and mining...

Shareholder Returns

NOAPNO FoodNO Market
7D-3.5%-0.3%-0.01%
1Yn/a9.6%21.3%

Return vs Industry: Insufficient data to determine how NOAP performed against the Norwegian Food industry.

Return vs Market: Insufficient data to determine how NOAP performed against the Norwegian Market.

Price Volatility

Is NOAP's price volatile compared to industry and market?
NOAP volatility
NOAP Beta0
Industry Beta0.50
Market Beta1

Stable Share Price: NOAP is not significantly more volatile than the rest of Norwegian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: NOAP's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
201615Ole Jorgensenhttps://www.nordicaquapartners.com

Nordic Aqua Partners A/S, a holding company, provides aquaculture services in the People’s Republic of China. It offers harvesting services for land-based Atlantic salmon, as well as operates recirculating aquaculture system-based fish farms. The company was incorporated in 2016 and is based in Ribe, Denmark.

Nordic Aqua Partners Fundamentals Summary

How do Nordic Aqua Partners's earnings and revenue compare to its market cap?
NOAP fundamental statistics
Market Capkr.452.56m
Earnings (TTM)-kr.31.89m
Revenue (TTM)n/a

0x

P/S Ratio

-14.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NOAP income statement (TTM)
Revenuekr.0
Cost of Revenuekr.0
Gross Profitkr.0
Expenseskr.31.89m
Earnings-kr.31.89m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-4.32
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did NOAP perform over the long term?

See historical performance and comparison

Valuation

Is Nordic Aqua Partners undervalued compared to its fair value and its price relative to the market?

1.12x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate NOAP's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate NOAP's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: NOAP is unprofitable, so we can't compare its PE Ratio to the Norwegian Food industry average.

PE vs Market: NOAP is unprofitable, so we can't compare its PE Ratio to the Norwegian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate NOAP's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: NOAP is good value based on its PB Ratio (1.1x) compared to the NO Food industry average (2.3x).


Future Growth

How is Nordic Aqua Partners forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

-3.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: NOAP is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: NOAP is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: NOAP is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: NOAP is forecast to have no revenue next year.

High Growth Revenue: NOAP is forecast to have no revenue next year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if NOAP's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Nordic Aqua Partners performed over the past 5 years?

-218.5%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: NOAP is currently unprofitable.

Growing Profit Margin: NOAP is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Unable to establish if NOAP's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.

Accelerating Growth: Unable to compare NOAP's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: NOAP is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (33.1%).


Return on Equity

High ROE: NOAP has a negative Return on Equity (-7.91%), as it is currently unprofitable.


Financial Health

How is Nordic Aqua Partners's financial position?


Financial Position Analysis

Short Term Liabilities: NOAP's short term assets (DKK376.7M) exceed its short term liabilities (DKK23.8M).

Long Term Liabilities: NOAP has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: NOAP is debt free.

Reducing Debt: NOAP had no debt 5 years ago.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: NOAP has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: NOAP has sufficient cash runway for 1.4 years if free cash flow continues to reduce at historical rates of 141.5% each year.


Dividend

What is Nordic Aqua Partners's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate NOAP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate NOAP'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 NOAP's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if NOAP'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 NOAP's dividend in 3 years as they are not forecast to pay a notable one for the Norwegian market.


Next Steps

Management

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


CEO

Ole Jorgensen

no data

Tenure

Mr. Ole Juul Jorgensen serves as the Chief Executive Officer at Nordic Aqua Partners A/S. Mr. Jorgensen has been active with businesses in China for several years, and has, among other things, facilitated...


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: NOAP only recently listed within the past 12 months.


Top Shareholders

Company Information

Nordic Aqua Partners A/S's employee growth, exchange listings and data sources


Key Information

  • Name: Nordic Aqua Partners A/S
  • Ticker: NOAP
  • Exchange: OB
  • Founded: 2016
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: kr620.124m
  • Shares outstanding: 10.28m
  • Website: https://www.nordicaquapartners.com

Number of Employees


Location

  • Nordic Aqua Partners A/S
  • Hundegade 1
  • Ribe
  • Region of Southern Denmark
  • 6760
  • Denmark

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/17 22:32
End of Day Share Price2021/09/17 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.