NOHAL Stock Overview
Nordic Halibut AS produces and sells farmed Atlantic halibut products in worldwide.
Nordic Halibut Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||kr27.00|
|52 Week High||kr34.90|
|52 Week Low||kr23.40|
|1 Month Change||-4.93%|
|3 Month Change||8.04%|
|1 Year Change||-2.74%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||440.00%|
Recent News & Updates
|NOHAL||NO Food||NO Market|
Return vs Industry: NOHAL underperformed the Norwegian Food industry which returned 2.5% over the past year.
Return vs Market: NOHAL underperformed the Norwegian Market which returned 15% over the past year.
|NOHAL Average Weekly Movement||6.4%|
|Food Industry Average Movement||6.2%|
|Market Average Movement||7.4%|
|10% most volatile stocks in NO Market||13.1%|
|10% least volatile stocks in NO Market||4.1%|
Stable Share Price: NOHAL is not significantly more volatile than the rest of Norwegian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: NOHAL's weekly volatility (6%) has been stable over the past year.
About the Company
Nordic Halibut AS produces and sells farmed Atlantic halibut products in worldwide. It offers fresh and frozen halibut products. The company was incorporated in 1995 and is headquartered in Averøy, Norway.
Nordic Halibut Fundamentals Summary
|NOHAL fundamental statistics|
Is NOHAL overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|NOHAL income statement (TTM)|
|Cost of Revenue||kr55.52m|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
Aug 23, 2022
|Earnings per share (EPS)||-2.00|
|Net Profit Margin||-74.38%|
How did NOHAL perform over the long term?See historical performance and comparison
Is Nordic Halibut undervalued compared to its fair value and its price relative to the market?
Valuation Score 3/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: NOHAL (NOK27) is trading below our estimate of fair value (NOK257.45)
Significantly Below Fair Value: NOHAL is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: NOHAL is unprofitable, so we can't compare its Price-To-Earnings Ratio to the Norwegian Food industry average.
PE vs Market: NOHAL is unprofitable, so we can't compare its Price-To-Earnings Ratio to the Norwegian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate NOHAL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NOHAL is good value based on its Price-To-Book Ratio (2x) compared to the NO Food industry average (2.4x).
How is Nordic Halibut forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Future Growth Score5/6
Future Growth Score 5/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NOHAL is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.1%).
Earnings vs Market: NOHAL is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: NOHAL's is expected to become profitable in the next 3 years.
Revenue vs Market: NOHAL's revenue (42.3% per year) is forecast to grow faster than the Norwegian market (0.7% per year).
High Growth Revenue: NOHAL's revenue (42.3% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NOHAL's Return on Equity is forecast to be low in 3 years time (14.5%).
How has Nordic Halibut performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NOHAL is currently unprofitable.
Growing Profit Margin: NOHAL is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: NOHAL is unprofitable, and losses have increased over the past 5 years at a rate of 29.5% per year.
Accelerating Growth: Unable to compare NOHAL's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: NOHAL is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (35.5%).
Return on Equity
High ROE: NOHAL has a negative Return on Equity (-14.8%), as it is currently unprofitable.
How is Nordic Halibut's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: NOHAL's short term assets (NOK260.8M) exceed its short term liabilities (NOK40.8M).
Long Term Liabilities: NOHAL's short term assets (NOK260.8M) exceed its long term liabilities (NOK40.8M).
Debt to Equity History and Analysis
Debt Level: NOHAL has more cash than its total debt.
Reducing Debt: NOHAL's debt to equity ratio has reduced from 64% to 8.7% over the past 5 years.
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: NOHAL has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: NOHAL has sufficient cash runway for 1.3 years if free cash flow continues to reduce at historical rates of 32.8% each year.
What is Nordic Halibut current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate NOHAL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate NOHAL'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 NOHAL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if NOHAL's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as NOHAL has not reported any payouts.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Edvard E. Henden serves as Chief Executive Officer of Nordic Halibut AS and served as its Production Manager.
Experienced Management: NOHAL's management team is not considered experienced ( 1 years average tenure), which suggests a new team.
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: Shareholders have been diluted in the past year, with total shares outstanding growing by 26.9%.
Nordic Halibut AS's employee growth, exchange listings and data sources
- Name: Nordic Halibut AS
- Ticker: NOHAL
- Exchange: OB
- Founded: 1995
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Implied Market Cap: kr787.569m
- Shares outstanding: 29.17m
- Website: https://www.nordichalibut.com
Number of Employees
- Nordic Halibut AS
- Næringsveien 18
- Møre og Romsdal
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/26 00:00|
|End of Day Share Price||2022/05/25 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.