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 9,437 - -
Change - -24.1% 2.25% 1.64% 27.27% -13.12% - -
Enterprise Value (EV) 1 12,077 9,971 10,187 10,402 13,516 12,239 12,066 11,915
Change - -17.44% 2.17% 2.11% 29.94% -9.45% -1.42% -1.25%
P/E 21.1x 10.5x 18.9x 18.1x 14.9x 14.8x 11.5x 10.3x
PBR 3.43x 2.34x 2.34x 2.22x 2.48x 2.01x 1.9x 1.79x
PEG - 0.2x -0.4x 3.11x 0.3x -1.2x 0.4x 0.9x
Capitalization / Revenue 2.57x 1.66x 1.53x 1.52x 1.9x 1.44x 1.34x 1.27x
EV / Revenue 2.87x 2.02x 1.85x 1.86x 2.36x 1.87x 1.71x 1.6x
EV / EBITDA 17.5x 8.45x 8.34x 10.1x 14.2x 8.67x 7x 6.49x
EV / EBIT 23.1x 9.92x 9.91x 12.5x 18.6x 12.7x 9.28x 8.44x
EV / FCF 20.5x 32.2x 17.1x 19.2x 27.3x 21.7x 14.4x 13.3x
FCF Yield 4.87% 3.11% 5.85% 5.21% 3.66% 4.61% 6.97% 7.52%
Dividend per Share 2 0.3626 0.6739 0.6337 0.5649 0.5909 0.7417 1.034 1.156
Rate of return 1.73% 4.24% 3.9% 3.42% 2.87% 4.14% 5.78% 6.46%
EPS 2 0.99 1.51 0.86 0.91 1.38 1.208 1.559 1.737
Distribution rate 36.6% 44.6% 73.7% 62.1% 42.8% 61.4% 66.4% 66.6%
Net sales 1 4,208 4,946 5,506 5,604 5,720 6,531 7,046 7,433
EBITDA 1 690.3 1,179 1,221 1,030 948.9 1,411 1,725 1,837
EBIT 1 522.6 1,005 1,028 828.9 726.8 964 1,300 1,412
Net income 1 511.8 782.4 444.4 468.5 717.9 611.4 819.3 913.5
Net Debt 1 1,257 1,759 1,790 1,867 2,654 2,802 2,629 2,478
Reference price 2 20.92 15.88 16.24 16.50 20.60 17.90 17.90 17.90
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.($)
17.51x2.77x9.34x4.42% 6.88B
13.09x0.92x6.23x6.62% 2.5B
12.85x0.65x8.95x2.75% 2.27B
8.18x0.64x3.73x7.79% 1.74B
10.63x0.76x8.66x5.77% 1.36B
7.54x0.32x3.75x3.62% 982M
8.32x0.82x5.35x3.52% 486M
Average 11.16x 0.98x 6.57x 4.93% 2.32B
Weighted average by Cap. 13.72x 1.58x 7.69x 4.93%

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