Valuation Bakkafrost

Stocks

Market Closed - Oslo Bors 10:45:00 2026-09-23 EDT			5-day change	1st Jan Change
449.20 ^NOK	+3.41%		+3.31%	-13.03%

09-23	Pareto Securities raises Bakkafrost price target to 510 Norwegian kroner (500), reiterates buy	FW
09-20	P/F Bakkafrost(OB:BAKKA) dropped from Oslo OBX Total Return Index	CI

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	18,404	-	-
Change	-	0.05%	-18.52%	13.32%	-18.73%	-4.59%	-	-
Enterprise Value (EV) ¹	27,822	28,372	24,479	26,735	23,187	23,177	22,656	22,555
Change	-	1.98%	-13.72%	9.22%	-13.27%	-0.04%	-2.25%	-0.45%
P/E	26.7x	19.1x	21.9x	36.8x	37x	29.8x	13.7x	10.9x
PBR	2.75x	2.47x	1.93x	2.13x	1.75x	1.6x	1.48x	1.35x
PEG	-	0.5x	-0.8x	-1.1x	-2x	1.7x	0x	0.4x
Capitalization / Revenue	4.63x	3.61x	2.93x	3.17x	2.75x	2.32x	1.88x	1.68x
EV / Revenue	5.01x	3.98x	3.43x	3.57x	3.31x	2.92x	2.31x	2.06x
EV / EBITDA	20.6x	12.7x	11.2x	11.9x	13.9x	9.26x	7.12x	6.03x
EV / EBIT	33.9x	16.6x	15.9x	17.3x	26.1x	14.3x	10.1x	8.11x
EV / FCF	2,259x	-538x	-1,159x	19.9x	-410x	31.3x	20.3x	15x
FCF Yield	0.04%	-0.19%	-0.09%	5.01%	-0.24%	3.2%	4.93%	6.68%
Dividend per Share ²	5.14	10	8.7	8.44	3.45	7.774	11.85	13.91
Rate of return	1.18%	2.3%	2.46%	2.11%	1.06%	2.5%	3.81%	4.48%
EPS ²	16.32	22.75	16.15	10.88	8.83	10.42	22.66	28.48
Distribution rate	31.5%	44%	53.9%	77.6%	39.1%	74.6%	52.3%	48.8%
Net sales ¹	5,554	7,130	7,141	7,480	7,007	7,927	9,790	10,972
EBITDA ¹	1,352	2,243	2,181	2,254	1,673	2,504	3,183	3,739
EBIT ¹	821.2	1,705	1,544	1,550	888	1,621	2,237	2,780
Net income ¹	964.1	1,345	955.6	656.6	530.2	611.1	1,329	1,681
Net Debt ¹	2,126	2,664	3,533	3,000	3,897	4,773	4,252	4,151
Reference price ²	434.98	435.17	353.78	400.56	326.74	310.76	310.76	310.76
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

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
BAKKAFROST	29.09x	2.85x	9.04x	2.57%	2.8B
AKVA GROUP ASA	25.11x	1.32x	9.83x	1.55%	548M
MÅSØVAL	-35.31x	2.69x	13.37x	3.96%	489M
ANDFJORD SALMON	-18.93x	18.82x	11127.84x	-	347M
GRIEG SEAFOOD ASA	-42.5x	1.25x	18.91x	137.6%	303M
SALMON EVOLUTION ASA	-11.04x	9.16x	-327.31x	-.--%	192M
ICELANDIC SALMON	-11.95x	2.02x	22.39x	-.--%	176M
Average	-9.36x	5.44x	1,553.44x	24.28%	694.49M
Weighted average by Cap.	11.18x	3.92x	792.14x	11.46%