OB:SALME-ME

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Executive Summary

Salmon Evolution Holding AS operates as a land-based salmon farming company in Norway. More Details


Snowflake Analysis

Adequate balance sheet with moderate growth potential.

Share Price & News

How has Salmon Evolution Holding's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: SALME-ME is not significantly more volatile than the rest of Norwegian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: Insufficient data to determine SALME-ME's volatility change over the past year.


Market Performance


7 Day Return

4.4%

SALME-ME

-3.5%

NO Food

2.4%

NO Market


1 Year Return

n/a

SALME-ME

-9.7%

NO Food

-2.2%

NO Market

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

Return vs Market: Insufficient data to determine how SALME-ME performed against the Norwegian Market.


Shareholder returns

SALME-MEIndustryMarket
7 Day4.4%-3.5%2.4%
30 Day4.6%4.7%11.5%
90 Dayn/a-1.0%6.9%
1 Yearn/a-8.4%-9.7%1.4%-2.2%
3 Yearn/a44.3%30.6%8.9%-3.3%
5 Yearn/a104.1%63.9%53.3%23.0%

Long-Term Price Volatility Vs. Market

How volatile is Salmon Evolution Holding's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Salmon Evolution Holding undervalued compared to its fair value and its price relative to the market?

1.53x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: SALME-ME is unprofitable, so we can't compare its PE Ratio to the NO Food industry average.

PE vs Market: SALME-ME 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 SALME-ME's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: SALME-ME is good value based on its PB Ratio (1.5x) compared to the NO Food industry average (2.6x).


Next Steps

Future Growth

How is Salmon Evolution Holding forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

69.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SALME-ME is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.6%).

Earnings vs Market: SALME-ME is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: SALME-ME's is expected to become profitable in the next 3 years.

Revenue vs Market: SALME-ME is forecast to have no revenue next year.

High Growth Revenue: SALME-ME is forecast to have no revenue next year.


Earnings per Share Growth Forecasts


Future Return on Equity

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


Next Steps

  • Explore growth companies in the Food, Beverage & Tobacco industry.

Past Performance

How has Salmon Evolution Holding performed over the past 5 years?

-111.8%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: SALME-ME is currently unprofitable.

Growing Profit Margin: SALME-ME is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Unable to establish if SALME-ME'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 SALME-ME's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: SALME-ME is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (18.4%).


Return on Equity

High ROE: SALME-ME has a negative Return on Equity (-2.39%), as it is currently unprofitable.


Next Steps

Financial Health

How is Salmon Evolution Holding's financial position?


Financial Position Analysis

Short Term Liabilities: SALME-ME's short term assets (NOK721.2M) exceed its short term liabilities (NOK76.1M).

Long Term Liabilities: SALME-ME's short term assets (NOK721.2M) exceed its long term liabilities (NOK2.0M).


Debt to Equity History and Analysis

Debt Level: SALME-ME's debt to equity ratio (0.2%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if SALME-ME's debt to equity ratio has reduced over the past 5 years.


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: SALME-ME has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if SALME-ME has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Salmon Evolution Holding current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if SALME-ME'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 SALME-ME'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?

0.4yrs

Average management tenure


CEO

Hakon Berg

0.42

Tenure

Mr. Håkon André Berg serves as Chief Executive Officer at Salmon Evolution Holding AS since June 2020 and served as its Chief Financial Officer until June 2020. Mr. Berg has almost 15 years of experience i...


Leadership Team

NamePositionTenureCompensationOwnership
Hakon Berg
Chief Executive Officer0.42yrno data0.034%
NOK 404.3k
Hans Mortveit
Finance Managerno datano data0.016%
NOK 189.3k
Ingjarl Skarvoy
Chief Operating Officer0.83yrno data0.82%
NOK 9.7m
Hallgeir Oyen
Technical Managerno datano data0.15%
NOK 1.7m
Vibeke Hanssen
Director of Communicationsno datano datano data
Kamilla Holo
Project Directorno datano datano data
Trond Valderhaug
Chief Commercial Officer0.083yrno datano data

0.4yrs

Average Tenure

Experienced Management: SALME-ME's management team is not considered experienced ( 0.4 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Anne Breiby
Director0.83yrno datano data
Tore Tonseth
Chair of the Board0.83yrno datano data
Kristofer Reiten
Director0.83yrno datano data
Glen Bradley
Director0.83yrno data0.032%
NOK 377.0k
Peder Stette
Director0.83yrno datano data
Frode Kjolas
Director0.83yrno datano data
Kiyun Yun
Director0.83yrno datano data

0.8yrs

Average Tenure

Experienced Board: SALME-ME's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: SALME-ME insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: SALME-ME only recently listed within the past 12 months.


Top Shareholders

Company Information

Salmon Evolution Holding AS's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Salmon Evolution Holding AS
  • Ticker: SALME-ME
  • Exchange: OB
  • Founded: 2017
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: kr1.183b
  • Shares outstanding: 219.73m
  • Website: https://www.salmonevolution.no

Number of Employees


Location

  • Salmon Evolution Holding AS
  • Eikremsvingen 4
  • Molde
  • Møre og Romsdal
  • 6422
  • Norway

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SALME-MEOB (Oslo Bors)YesShare CapitalNONOKSep 2020

Biography

Salmon Evolution Holding AS operates as a land-based salmon farming company in Norway. It focuses on the production of salmon meals. The company was founded in 2017 and is headquartered in Molde, Norway.


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/26 17:23
End of Day Share Price2020/11/26 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.