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 18,359 - -
Change - 0.05% -18.52% 13.32% -18.73% -4.83% - -
Enterprise Value (EV) 1 27,822 28,372 24,479 26,735 23,187 22,939 22,717 22,624
Change - 1.98% -13.72% 9.22% -13.27% -1.07% -0.97% -0.41%
P/E 26.7x 19.1x 21.9x 36.8x 37x 30.6x 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 2.1x 0x 0.4x
Capitalization / Revenue 4.63x 3.61x 2.93x 3.17x 2.75x 2.32x 1.88x 1.67x
EV / Revenue 5.01x 3.98x 3.43x 3.57x 3.31x 2.89x 2.32x 2.06x
EV / EBITDA 20.6x 12.7x 11.2x 11.9x 13.9x 9.25x 7.15x 6.04x
EV / EBIT 33.9x 16.6x 15.9x 17.3x 26.1x 14.4x 10.2x 8.11x
EV / FCF 2,259x -538x -1,159x 19.9x -410x 43.7x 22.9x 16.8x
FCF Yield 0.04% -0.19% -0.09% 5.01% -0.24% 2.29% 4.37% 5.96%
Dividend per Share 2 5.14 10 8.7 8.44 3.45 7.651 11.36 13.72
Rate of return 1.18% 2.3% 2.46% 2.11% 1.06% 2.47% 3.67% 4.43%
EPS 2 16.32 22.75 16.15 10.88 8.83 10.13 22.58 28.56
Distribution rate 31.5% 44% 53.9% 77.6% 39.1% 75.5% 50.3% 48%
Net sales 1 5,554 7,130 7,141 7,480 7,007 7,929 9,790 10,972
EBITDA 1 1,352 2,243 2,181 2,254 1,673 2,481 3,178 3,748
EBIT 1 821.2 1,705 1,544 1,550 888 1,598 2,232 2,788
Net income 1 964.1 1,345 955.6 656.6 530.2 595.1 1,324 1,686
Net Debt 1 2,126 2,664 3,533 3,000 3,897 4,581 4,358 4,265
Reference price 2 434.98 435.17 353.78 400.56 326.74 309.99 309.99 309.99
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.($)
30.59x2.89x9.25x2.47% 2.75B
-147.97x1.91x17.56x0.15% 33.38B
-31.68x1.15x67.32x-.--% 14.65B
18.19x0.49x9.5x2.87% 10.66B
8.91x1.1x9.07x4.75% 5.21B
11.66x0.33x4.53x1.64% 4.66B
-15.47x0.66x17.39x0.13% 4.4B
-20x - - - 3.85B
18.49x - - 3.81% 3.49B
Average -14.14x 1.22x 19.23x 1.98% 9.23B
Weighted average by Cap. -61.47x 1.37x 24.36x 1.12%

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