Company Valuation: Bakkafrost

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 25,696 25,708 20,946 23,735 19,290 18,250 - -
Change - 0.05% -18.52% 13.32% -18.73% -5.39% - -
Enterprise Value (EV) 1 27,822 28,372 24,479 26,735 23,187 22,920 22,393 22,005
Change - 1.98% -13.72% 9.22% -13.27% -1.15% -2.3% -1.73%
P/E 26.7x 19.1x 21.9x 36.8x 37x 29.3x 13.7x 10.5x
PBR 2.75x 2.47x 1.93x 2.13x 1.75x 1.59x 1.47x 1.34x
PEG - 0.5x -0.8x -1.1x -2x 1.5x 0x 0.4x
Capitalization / Revenue 4.63x 3.61x 2.93x 3.17x 2.75x 2.34x 1.87x 1.67x
EV / Revenue 5.01x 3.98x 3.43x 3.57x 3.31x 2.94x 2.29x 2.02x
EV / EBITDA 20.6x 12.7x 11.2x 11.9x 13.9x 10x 7.29x 5.99x
EV / EBIT 33.9x 16.6x 15.9x 17.3x 26.1x 16.1x 9.88x 7.74x
EV / FCF 2,259x -538x -1,159x 19.9x -410x 70.2x 22.7x 15.2x
FCF Yield 0.04% -0.19% -0.09% 5.01% -0.24% 1.42% 4.4% 6.56%
Dividend per Share 2 5.14 10 8.7 8.44 3.45 7.053 10.19 13.49
Rate of return 1.18% 2.3% 2.46% 2.11% 1.06% 2.29% 3.31% 4.38%
EPS 2 16.32 22.75 16.15 10.88 8.83 10.53 22.54 29.24
Distribution rate 31.5% 44% 53.9% 77.6% 39.1% 67% 45.2% 46.1%
Net sales 1 5,554 7,130 7,141 7,480 7,007 7,789 9,783 10,896
EBITDA 1 1,352 2,243 2,181 2,254 1,673 2,289 3,072 3,675
EBIT 1 821.2 1,705 1,544 1,550 888 1,424 2,267 2,843
Net income 1 964.1 1,345 955.6 656.6 530.2 613.1 1,256 1,687
Net Debt 1 2,126 2,664 3,533 3,000 3,897 4,670 4,143 3,755
Reference price 2 434.98 435.17 353.78 400.56 326.74 308.16 308.16 308.16
Nbr of stocks (in thousands) 59,074 59,075 59,206 59,253 59,038 59,223 - -
Announcement Date 2/22/22 2/21/23 2/20/24 2/17/25 2/9/26 - - -
1DKK in Million2DKK
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
29.27x2.94x10.01x2.29% 2.73B
53.09x4.82x17.68x0.25% 48.4B
-27.69x2.33x34.51x0.32% 37.53B
-22.93x1.4x153.36x0.1% 16.92B
20.4x0.55x10.46x2.78% 12.06B
-11.32x0.78x28.8x-.--% 5.3B
9.34x1.09x9.07x4.35% 4.93B
-19.33x - - - 4B
10.09x0.26x3.68x1.64% 3.98B
19.01x - - 1.85% 3.6B
Average 5.99x 1.77x 33.45x 1.51% 14B
Weighted average by Cap. 10.66x 2.81x 38.76x 0.74%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Bakkafrost

Historical PBR trend

Valuation ratios - PBR - Bakkafrost

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Bakkafrost

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Bakkafrost


Year-on-year evolution of the Yield

Valuation ratios - Yield - Bakkafrost