Proximar Seafood AS

OB:PROXI Stock Report

Market Cap: NOK 494.8m

Proximar Seafood Valuation

Is PROXI undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of PROXI when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
NOK 82.91
Fair Value
95.8% undervalued intrinsic discount
3
Number of Analysts

Below Fair Value: PROXI (NOK3.48) is trading below our estimate of fair value (NOK82.91)

Significantly Below Fair Value: PROXI is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for PROXI?

Key metric: As PROXI barely has revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for PROXI. This is calculated by dividing PROXI's market cap by their current book value.
What is PROXI's PB Ratio?
PB Ratio1.1x
BookNOK 470.80m
Market CapNOK 494.76m

Price to Book Ratio vs Peers

How does PROXI's PB Ratio compare to its peers?

The above table shows the PB ratio for PROXI vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average2.4x
NOAP Nordic Aqua Partners
2.5x63.5%NOK 1.7b
NCOD Norcod
3.6xn/aNOK 568.9m
SALME Salmon Evolution
1.4x51.8%NOK 3.1b
ANDF Andfjord Salmon Group
2.1x58.0%NOK 2.7b
PROXI Proximar Seafood
1.1x56.8%NOK 494.8m

Price-To-Book vs Peers: PROXI is good value based on its Price-To-Book Ratio (1.1x) compared to the peer average (2.4x).

Price to Book Ratio vs Industry

How does PROXI's PB Ratio compare vs other companies in the NO Food Industry?

1 CompanyPrice / BookEstimated GrowthMarket Cap
ASA Atlantic Sapphire
0.1x54.2%US$30.31m
No more companies available in this PB range
PROXI 1.1xIndustry Avg. 2.0xNo. of Companies7PB012345+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: PROXI is good value based on its Price-To-Book Ratio (1.1x) compared to the Norwegian Food industry average (2x).

Price to Book Ratio vs Fair Ratio

What is PROXI's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

PROXI PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio1.1x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate PROXI's Price-To-Book Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst PROXI forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentNOK 3.48
NOK 5.00
+43.7%
8.2%NOK 5.50NOK 4.50n/a3
Feb ’26NOK 3.37
NOK 5.00
+48.4%
8.2%NOK 5.50NOK 4.50n/a3
Jan ’26NOK 3.58
NOK 5.00
+39.7%
8.2%NOK 5.50NOK 4.50n/a3
Dec ’25NOK 3.45
NOK 4.75
+37.7%
5.3%NOK 5.00NOK 4.50n/a2
Nov ’25NOK 3.65
NOK 5.00
+37.0%
10.0%NOK 5.50NOK 4.50n/a2
Oct ’25NOK 3.79
NOK 5.00
+31.9%
10.0%NOK 5.50NOK 4.50n/a2
Sep ’25NOK 3.90
NOK 5.25
+34.6%
14.3%NOK 6.00NOK 4.50n/a2
Dec ’24NOK 3.43
NOK 4.80
+39.9%
4.2%NOK 5.00NOK 4.60NOK 3.452
Nov ’24NOK 4.91
NOK 5.75
+17.1%
13.0%NOK 6.50NOK 5.00NOK 3.652
Oct ’24NOK 5.46
NOK 6.17
+12.9%
13.8%NOK 7.00NOK 5.00NOK 3.793
Sep ’24NOK 5.56
NOK 6.17
+10.9%
13.8%NOK 7.00NOK 5.00NOK 3.903
Aug ’24NOK 5.00
NOK 6.17
+23.3%
13.8%NOK 7.00NOK 5.00NOK 4.003
Jul ’24NOK 5.00
NOK 6.17
+23.3%
13.8%NOK 7.00NOK 5.00NOK 3.443
Jun ’24NOK 4.55
NOK 6.17
+35.5%
13.8%NOK 7.00NOK 5.00NOK 3.703
May ’24NOK 4.55
NOK 6.73
+48.0%
19.6%NOK 8.20NOK 5.00NOK 3.653
Apr ’24NOK 5.28
NOK 6.73
+27.5%
19.6%NOK 8.20NOK 5.00NOK 3.153
Mar ’24NOK 7.00
NOK 8.40
+20.0%
34.1%NOK 12.00NOK 5.00NOK 3.243
Feb ’24NOK 5.07
NOK 7.50
+47.9%
42.5%NOK 12.00NOK 5.00NOK 2.823
Analyst Price Target
Consensus Narrative from 3 Analysts
NOK 5.00
Fair Value
30.4% undervalued intrinsic discount
3
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/15 11:33
End of Day Share Price 2025/02/14 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Proximar Seafood AS is covered by 4 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullABG Sundal Collier
Mindaugas CekanaviciusNorne Securities AS
Carl-Emil JohannessenPareto Securities