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SalMar OB:SALM Stock Report

Last Price

NOK 539.50

Market Cap

NOK 71.1b

7D

-9.3%

1Y

0.3%

Updated

22 Dec, 2024

Data

Company Financials +

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NOK 626.88
FV
13.9% undervalued intrinsic discount
13.41%
Revenue growth p.a.
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SalMar ASA Competitors

Price History & Performance

Summary of share price highs, lows and changes for SalMar
Historical stock prices
Current Share PriceNOK 539.50
52 Week HighNOK 717.60
52 Week LowNOK 520.00
Beta0.77
1 Month Change-8.40%
3 Month Change0.56%
1 Year Change0.28%
3 Year Change-10.17%
5 Year Change17.59%
Change since IPO1,283.33%

Recent News & Updates

Does SalMar (OB:SALM) Have A Healthy Balance Sheet?

Dec 11
Does SalMar (OB:SALM) Have A Healthy Balance Sheet?

Recent updates

Does SalMar (OB:SALM) Have A Healthy Balance Sheet?

Dec 11
Does SalMar (OB:SALM) Have A Healthy Balance Sheet?

Pinning Down SalMar ASA's (OB:SALM) P/E Is Difficult Right Now

Sep 09
Pinning Down SalMar ASA's (OB:SALM) P/E Is Difficult Right Now

Is SalMar (OB:SALM) Using Too Much Debt?

Jul 12
Is SalMar (OB:SALM) Using Too Much Debt?

SalMar ASA's (OB:SALM) Share Price Matching Investor Opinion

May 21
SalMar ASA's (OB:SALM) Share Price Matching Investor Opinion

SalMar (OB:SALM) Has Announced That It Will Be Increasing Its Dividend To NOK35.00

Apr 28
SalMar (OB:SALM) Has Announced That It Will Be Increasing Its Dividend To NOK35.00

Is SalMar (OB:SALM) Using Too Much Debt?

Mar 20
Is SalMar (OB:SALM) Using Too Much Debt?

SalMar's (OB:SALM) Soft Earnings Don't Show The Whole Picture

Feb 22
SalMar's (OB:SALM) Soft Earnings Don't Show The Whole Picture

Why Investors Shouldn't Be Surprised By SalMar ASA's (OB:SALM) P/S

Jan 23
Why Investors Shouldn't Be Surprised By SalMar ASA's (OB:SALM) P/S

Shareholder Returns

SALMNO FoodNO Market
7D-9.3%-6.3%-2.8%
1Y0.3%14.7%-0.8%

Return vs Industry: SALM underperformed the Norwegian Food industry which returned 14.7% over the past year.

Return vs Market: SALM exceeded the Norwegian Market which returned -0.8% over the past year.

Price Volatility

Is SALM's price volatile compared to industry and market?
SALM volatility
SALM Average Weekly Movement3.9%
Food Industry Average Movement5.0%
Market Average Movement5.0%
10% most volatile stocks in NO Market10.9%
10% least volatile stocks in NO Market2.6%

Stable Share Price: SALM has not had significant price volatility in the past 3 months compared to the Norwegian market.

Volatility Over Time: SALM's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19912,405Frode Arntsenwww.salmar.no

SalMar ASA, an aquaculture company, produces and sells farmed salmon in Asia, North America, Europe, and internationally. The company operates through Fish Farming Central Norway, Fish Farming Northern Norway, Icelandic Salmon, Sales & Industry, and SalMar Aker Ocean segments. It is involved in the broodstock, harvesting, processing, and smolt production activities.

SalMar ASA Fundamentals Summary

How do SalMar's earnings and revenue compare to its market cap?
SALM fundamental statistics
Market capNOK 71.10b
Earnings (TTM)NOK 3.28b
Revenue (TTM)NOK 26.21b

21.7x

P/E Ratio

2.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SALM income statement (TTM)
RevenueNOK 26.21b
Cost of RevenueNOK 13.28b
Gross ProfitNOK 12.93b
Other ExpensesNOK 9.65b
EarningsNOK 3.28b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 18, 2025

Earnings per share (EPS)24.90
Gross Margin49.33%
Net Profit Margin12.52%
Debt/Equity Ratio94.7%

How did SALM perform over the long term?

See historical performance and comparison

Dividends

6.5%

Current Dividend Yield

140%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 00:59
End of Day Share Price 2024/12/20 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 here.

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 .

Analyst Sources

SalMar ASA is covered by 21 analysts. 9 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
Thomas LorckArctic Securities ASA
Alexander SloaneBarclays