Financials Mowi ASA

Equities

MOWI

NO0003054108

Food Processing

Market Closed - Oslo Bors 10:45:00 2024-04-26 EDT 5-day change 1st Jan Change
193.2 NOK +1.10% Intraday chart for Mowi ASA +3.93% +6.15%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 11,949 9,415 10,820 8,240 8,382 8,474 - -
Enterprise Value (EV) 1 13,286 10,874 12,077 9,999 10,172 10,478 10,415 8,474
P/E ratio 25.1 x 79.2 x 21.1 x 10.6 x 18.8 x 11.5 x 10.6 x -
Yield 4.48% 1.39% 1.73% 4.08% 3.91% 4.53% 5.42% -
Capitalization / Revenue 2.89 x 2.5 x 2.57 x 1.67 x 1.52 x 1.44 x 1.36 x 1.3 x
EV / Revenue 3.21 x 2.89 x 2.87 x 2.02 x 1.85 x 1.78 x 1.67 x 1.3 x
EV / EBITDA 15.2 x 21.5 x 17.5 x 8.48 x 8.33 x 6.59 x 6.16 x -
EV / FCF 28.5 x 58.2 x 20.5 x 32.3 x 17.1 x 21.3 x 17.1 x -
FCF Yield 3.51% 1.72% 4.87% 3.1% 5.86% 4.7% 5.86% -
Price to Book 4.13 x 3.41 x 3.43 x 2.35 x 2.33 x 2.14 x 1.93 x -
Nbr of stocks (in thousands) 517,111 517,111 517,111 517,111 517,111 517,111 - -
Reference price 2 23.11 18.21 20.92 15.94 16.21 16.39 16.39 16.39
Announcement Date 20-02-12 21-02-17 22-02-16 23-02-14 24-02-14 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 4,135 3,761 4,208 4,946 5,506 5,881 6,219 6,534
EBITDA 1 874.4 504.6 690.3 1,179 1,221 1,591 1,692 -
EBIT 1 721 337.7 522.6 1,005 1,028 1,140 1,228 1,263
Operating Margin 17.44% 8.98% 12.42% 20.32% 18.66% 19.39% 19.74% 19.33%
Earnings before Tax (EBT) 1 607.4 120.6 624.4 1,001 898.7 1,051 1,147 -
Net income 1 476.3 119.1 511.8 782.4 444.4 737.7 808.8 -
Net margin 11.52% 3.17% 12.16% 15.82% 8.07% 12.54% 13% -
EPS 2 0.9200 0.2300 0.9900 1.510 0.8600 1.421 1.541 -
Free Cash Flow 1 466.3 186.9 588.4 309.6 595.9 492.8 610 -
FCF margin 11.28% 4.97% 13.98% 6.26% 10.82% 8.38% 9.81% -
FCF Conversion (EBITDA) 53.33% 37.04% 85.24% 26.25% 48.8% 30.98% 36.05% -
FCF Conversion (Net income) 97.9% 156.93% 114.97% 39.57% 134.09% 66.8% 75.43% -
Dividend per Share 2 1.036 0.2535 0.3626 0.6496 0.6337 0.7424 0.8885 -
Announcement Date 20-02-12 21-02-17 22-02-16 23-02-14 24-02-14 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1,035 1,150 1,095 1,232 1,257 1,362 1,362 1,364 1,356 1,426 - - - -
EBITDA 1 172.5 188.3 248.9 363.1 283.4 284 367.4 348 252.6 253.1 446 - - -
EBIT 131 145.8 206.7 320 239.5 238.9 321.8 300 203.1 203.1 - - - -
Operating Margin 12.66% 12.68% 18.87% 25.98% 19.05% 17.54% 23.62% 21.99% 14.98% 14.24% - - - -
Earnings before Tax (EBT) 1 27.7 152.8 261.8 456.1 89.8 193.2 361.4 184.6 141.7 211 344.7 411.9 227.7 285.4
Net income 1 23.3 127.8 205.1 353.1 75.5 150.3 280.9 -123.1 110.6 170.8 192.5 255.8 160.1 188.3
Net margin 2.25% 11.11% 18.73% 28.67% 6.01% 11.04% 20.62% -9.02% 8.16% 11.97% - - - -
EPS 2 0.0500 0.2500 0.4000 0.6800 0.1500 0.2900 0.5400 -0.2300 0.2100 0.3400 0.3167 0.4949 0.3239 0.4312
Dividend per Share 0.1978 0.0991 0.1408 0.2011 0.2240 0.1502 0.1466 0.1734 0.1670 0.1320 - - - -
Announcement Date 21-11-10 22-02-16 22-05-10 22-08-23 22-11-08 23-02-14 23-05-09 23-08-22 23-11-08 24-02-14 - - - -
1EUR in Million2EUR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 1,337 1,458 1,257 1,759 1,790 2,005 1,941 -
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 1.529 x 2.89 x 1.821 x 1.491 x 1.466 x 1.26 x 1.147 x -
Free Cash Flow 1 466 187 588 310 596 493 610 -
ROE (net income / shareholders' equity) 17.8% 8.24% 17.3% 22.2% 12.5% 19% 20.1% -
ROA (Net income/ Total Assets) 9.36% 2.04% 9.93% 10.7% 5.64% 9.09% 9.69% -
Assets 1 5,090 5,843 5,156 7,332 7,885 8,113 8,343 -
Book Value Per Share 2 5.590 5.340 6.100 6.780 6.950 7.660 8.490 -
Cash Flow per Share 2 1.460 0.9700 1.610 1.250 1.920 1.800 2.130 -
Capex 1 293 316 245 335 396 300 345 355
Capex / Sales 7.08% 8.4% 5.82% 6.78% 7.2% 5.1% 5.54% 5.44%
Announcement Date 20-02-12 21-02-17 22-02-16 23-02-14 24-02-14 - - -
1EUR in Million2EUR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
A-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
10
Last Close Price
16.39 EUR
Average target price
19.77 EUR
Spread / Average Target
+20.66%
Consensus