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 9,736 - -
Change - -24.1% 2.25% 1.64% 27.27% -10.37% - -
Enterprise Value (EV) 1 12,077 9,971 10,187 10,402 13,516 12,549 12,371 12,237
Change - -17.44% 2.17% 2.11% 29.94% -7.15% -1.42% -1.09%
P/E 21.1x 10.5x 18.9x 18.1x 14.9x 15.9x 12x 10.9x
PBR 3.43x 2.34x 2.34x 2.22x 2.48x 2.08x 1.98x 1.88x
PEG - 0.2x -0.4x 3.11x 0.3x -1x 0.4x 1x
Capitalization / Revenue 2.57x 1.66x 1.53x 1.52x 1.9x 1.5x 1.39x 1.32x
EV / Revenue 2.87x 2.02x 1.85x 1.86x 2.36x 1.93x 1.76x 1.66x
EV / EBITDA 17.5x 8.45x 8.34x 10.1x 14.2x 8.96x 7.24x 6.77x
EV / EBIT 23.1x 9.92x 9.91x 12.5x 18.6x 12.9x 9.64x 8.85x
EV / FCF 20.5x 32.2x 17.1x 19.2x 27.3x 22.7x 15.1x 14x
FCF Yield 4.87% 3.11% 5.85% 5.21% 3.66% 4.41% 6.64% 7.15%
Dividend per Share 2 0.3626 0.6739 0.6337 0.5649 0.5909 0.746 1.034 1.156
Rate of return 1.73% 4.24% 3.9% 3.42% 2.87% 4.04% 5.6% 6.26%
EPS 2 0.99 1.51 0.86 0.91 1.38 1.163 1.535 1.695
Distribution rate 36.6% 44.6% 73.7% 62.1% 42.8% 64.2% 67.4% 68.2%
Net sales 1 4,208 4,946 5,506 5,604 5,720 6,505 7,011 7,370
EBITDA 1 690.3 1,179 1,221 1,030 948.9 1,401 1,708 1,807
EBIT 1 522.6 1,005 1,028 828.9 726.8 975.7 1,284 1,382
Net income 1 511.8 782.4 444.4 468.5 717.9 592.7 807.3 891.8
Net Debt 1 1,257 1,759 1,790 1,867 2,654 2,814 2,636 2,501
Reference price 2 20.92 15.88 16.24 16.50 20.60 18.46 18.46 18.46
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.($)
15.58x1.9x8.82x4.12% 11.03B
18.91x2.92x9.91x4.13% 7.5B
13.5x0.91x6.25x6.38% 2.58B
12.93x0.66x9.05x2.73% 2.39B
8.47x0.65x3.81x7.59% 1.82B
11.52x0.81x9.27x5.51% 1.56B
8.59x0.34x3.98x3.18% 1.18B
Average 12.79x 1.17x 7.30x 4.81% 4.01B
Weighted average by Cap. 15.07x 1.77x 8.39x 4.48%

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