This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

NRYY.F Stock Overview

Norway Royal Salmon ASA produces, harvests, sells, and markets smolt and salmon products in Norway. More details

NRYY.F fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	3/6
Past Performance	0/6
Financial Health	3/6
Dividends	0/6

Rewards

Trading at 69.6% below our estimate of its fair value

Earnings are forecast to grow 22.9% per year

Risk Analysis

Shares are highly illiquid

Has a high level of debt

Large one-off items impacting financial results

Profit margins (4.7%) are lower than last year (9.5%)

Norway Royal Salmon AS Competitors

Seneca Foods

NasdaqGS:SENE.A

US$601.5m

Vital Farms

NasdaqGM:VITL

US$1.4b

Adecoagro

NYSE:AGRO

US$1.1b

John B. Sanfilippo & Son

NasdaqGS:JBSS

US$797.4m

Price History & Performance

Summary of share price highs, lows and changes for Norway Royal Salmon
Historical stock prices
Current Share Price	NOK 25.00
52 Week High	NOK 25.00
52 Week Low	NOK 25.00
Beta	0.20
1 Month Change	0%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	91.57%

Recent updates

Shareholder Returns

	NRYY.F	US Food	US Market
7D	0%	-4.7%	-10.1%
1Y	n/a	-10.2%	-3.8%

Return vs Industry: Insufficient data to determine how NRYY.F performed against the US Food industry.

Return vs Market: Insufficient data to determine how NRYY.F performed against the US Market.

Price Volatility

Is NRYY.F's price volatile compared to industry and market?
NRYY.F volatility
NRYY.F Average Weekly Movement	n/a
Food Industry Average Movement	5.4%
Market Average Movement	7.0%
10% most volatile stocks in US Market	16.5%
10% least volatile stocks in US Market	3.7%

Stable Share Price: NRYY.F has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine NRYY.F's volatility change over the past year.

Community vs My Fair Value

Create Narrative

Select a narrative for quick price alerts from the community, or create your own.

About the Company

Founded	Employees	CEO	Website
1992	273	Charles Høstlund	www.norwayroyalsalmon.com

Norway Royal Salmon ASA produces, harvests, sells, and markets smolt and salmon products in Norway. The company offers fresh and frozen salmon fish, round fish, fillet, portions, and smoked and marinated products. It also exports its products to 48 countries.

Norway Royal Salmon AS Fundamentals Summary

How do Norway Royal Salmon's earnings and revenue compare to its market cap?
NRYY.F fundamental statistics
Market cap	US$538.76m
Earnings (TTM)	US$28.17m
Revenue (TTM)	US$597.49m

19.1x

P/E Ratio

0.9x

P/S Ratio

Is NRYY.F overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NRYY.F income statement (TTM)
Revenue	NOK 6.37b
Cost of Revenue	NOK 5.06b
Gross Profit	NOK 1.31b
Other Expenses	NOK 1.01b
Earnings	NOK 300.26m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

Nov 16, 2022

Earnings per share (EPS)	6.92
Gross Margin	20.60%
Net Profit Margin	4.71%
Debt/Equity Ratio	42.1%

How did NRYY.F perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2022/10/08 08:19
End of Day Share Price	2022/07/11 00:00
Earnings	2022/06/30
Annual Earnings	2021/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

Norway Royal Salmon AS is covered by 11 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Vidar Strat	ABG Sundal Collier
Knut Løvstad	Beringer Finance AB
Niklas Ekman	Carnegie Investment Bank AB

Norway Royal Salmon OTCPK:NRYY.F Stock Report