Company Valuation: Mowi ASA

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 10,819 8,212 8,397 8,534 10,862 8,517 - -
Change - -24.1% 2.25% 1.64% 27.27% -21.59% - -
Enterprise Value (EV) 1 12,077 9,971 10,187 10,402 13,516 11,392 11,190 11,002
Change - -17.44% 2.17% 2.11% 29.94% -15.71% -1.78% -1.67%
P/E 21.1x 10.5x 18.9x 18.1x 14.9x 12.8x 10.5x 9.51x
PBR 3.43x 2.34x 2.34x 2.22x 2.48x 1.81x 1.71x 1.61x
PEG - 0.2x -0.4x 3.11x 0.3x -1.45x 0.5x 0.9x
Capitalization / Revenue 2.57x 1.66x 1.53x 1.52x 1.9x 1.26x 1.17x 1.11x
EV / Revenue 2.87x 2.02x 1.85x 1.86x 2.36x 1.69x 1.54x 1.44x
EV / EBITDA 17.5x 8.45x 8.34x 10.1x 14.2x 8x 6.5x 6x
EV / EBIT 23.1x 9.92x 9.91x 12.5x 18.6x 11.2x 8.58x 7.77x
EV / FCF 20.5x 32.2x 17.1x 19.2x 27.3x 19.7x 13.8x 12.3x
FCF Yield 4.87% 3.11% 5.85% 5.21% 3.66% 5.07% 7.24% 8.16%
Dividend per Share 2 0.3626 0.6739 0.6337 0.5649 0.5909 0.753 1.054 1.177
Rate of return 1.73% 4.24% 3.9% 3.42% 2.87% 4.66% 6.53% 7.29%
EPS 2 0.99 1.51 0.86 0.91 1.38 1.258 1.537 1.699
Distribution rate 36.6% 44.6% 73.7% 62.1% 42.8% 59.8% 68.6% 69.3%
Net sales 1 4,208 4,946 5,506 5,604 5,720 6,743 7,276 7,664
EBITDA 1 690.3 1,179 1,221 1,030 948.9 1,424 1,721 1,833
EBIT 1 522.6 1,005 1,028 828.9 726.8 1,020 1,305 1,415
Net income 1 511.8 782.4 444.4 468.5 717.9 636.1 823.5 916.2
Net Debt 1 1,257 1,759 1,790 1,867 2,654 2,875 2,673 2,485
Reference price 2 20.92 15.88 16.24 16.50 20.60 16.15 16.15 16.15
Nbr of stocks (in thousands) 517,111 517,111 517,111 517,111 527,291 527,291 - -
Announcement Date 2/16/22 2/14/23 2/14/24 2/12/25 2/11/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
12.84x1.69x8x4.66% 9.73B
16.25x2.66x8.84x4.09% 6.34B
14.47x0.66x9.53x2.34% 2.4B
11.86x0.87x5.65x7.02% 2.3B
8.48x0.6x3.44x8.39% 1.58B
10.42x0.76x8.7x5.8% 1.36B
7.32x0.32x3.7x3.73% 916M
8.72x0.87x5.66x3.36% 507M
Average 11.29x 1.05x 6.69x 4.92% 3.14B
Weighted average by Cap. 13.08x 1.58x 7.69x 4.75%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield