Company Valuation: Salmon Evolution ASA

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 2,673 2,859 2,806 3,090 2,401 2,002 - -
Change - 6.98% -1.85% 10.11% -22.31% -16.62% - -
Enterprise Value (EV) 1 2,403 3,162 3,093 3,403 4,158 4,464 4,770 5,683
Change - 31.61% -2.18% 10.02% 22.19% 7.35% 6.86% 19.13%
P/E -78.2x -82.7x -18.3x -60.7x -14x -13.8x -173x 14.9x
PBR 2.07x 1.83x 1.38x 1.32x 1.16x 0.88x 0.9x 0.85x
PEG - 9.1x -0x 0.9x -0x 0.5x 1.9x -0x
Capitalization / Revenue 218x 60x 16.7x 6.55x 7.36x 4.27x 1.97x 1.34x
EV / Revenue 196x 66.3x 18.4x 7.22x 12.8x 9.52x 4.69x 3.81x
EV / EBITDA -67.5x -46.2x -36.8x 47.7x -52.8x 240x 19.8x 12.2x
EV / EBIT -63.5x -42.4x -23.7x -720x -26.2x -61.6x 44.1x 19.6x
EV / FCF -2.73x -3.62x -7.7x -10.8x -3.15x -3.77x -5.82x -8.13x
FCF Yield -36.7% -27.7% -13% -9.26% -31.7% -26.5% -17.2% -12.3%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -0.11 -0.1 -0.37 -0.11 -0.37 -0.266 -0.0213 0.2469
Distribution rate - - - - - - - -
Net sales 1 12.26 47.68 168.4 471.6 326 468.8 1,016 1,491
EBITDA 1 -35.61 -68.48 -83.95 71.42 -78.69 18.63 240.7 467.1
EBIT 1 -37.84 -74.67 -130.7 -4.727 -158.9 -72.45 108.2 290
Net income 1 -33.29 -32.73 -145.8 -47.4 -171.6 -135.2 -17.29 132.7
Net Debt 1 -270 303 286.8 313 1,757 2,462 2,768 3,681
Reference price 2 8.600 8.270 6.780 6.680 5.190 3.680 3.680 3.680
Nbr of stocks (in thousands) 310,796 345,755 413,937 462,603 462,603 544,003 - -
Announcement Date 2/10/22 2/8/23 2/13/24 2/11/25 2/24/26 - - -
1NOK in Million2NOK
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
-13.84x9.52x239.66x-.--% 215M
27.96x2.85x8.87x2.62% 2.8B
25.2x1.33x9.86x1.55% 561M
-35.31x2.69x13.37x3.96% 499M
14.86x0.96x5.94x3.55% 397M
Average 3.77x 3.47x 55.54x 2.34% 894.98M
Weighted average by Cap. 17.38x 2.79x 20.34x 2.59%

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

  1. Stock Market
  2. Stocks
  3. SALME Stock
  4. Valuation Salmon Evolution ASA