SALMON EVOLUTION ASA |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 6.97 NOK | +0.72% |
|
+1.16% | +2.80% |
| Feb. 13 | Salmon Evolution ASA Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023 | CI |
| Feb. 13 | Transcript : Salmon Evolution ASA, Q4 2023 Earnings Call, Feb 13, 2024 |
Valuation
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Capitalization 1 | 1,505 | 2,673 | 2,859 | 2,806 | 2,885 | - | - |
| Enterprise Value (EV) 1 | 899 | 2,403 | 3,162 | 3,093 | 3,754 | 4,933 | 5,598 |
| P/E ratio | -52.7 x | -78.2 x | -82.7 x | -18.3 x | 90.4 x | 32.1 x | 12.5 x |
| Yield | - | - | - | - | - | - | - |
| Capitalization / Revenue | 2,138 x | 218 x | 60 x | 16.7 x | 4.89 x | 3.68 x | 2.4 x |
| EV / Revenue | 1,277 x | 196 x | 66.3 x | 18.4 x | 6.36 x | 6.29 x | 4.66 x |
| EV / EBITDA | -52.5 x | -67.5 x | -46.2 x | -36.8 x | 26.5 x | 18.7 x | 13.1 x |
| EV / FCF | -5.12 x | -2.73 x | -3.62 x | -7.7 x | -6.51 x | -4.01 x | -6.63 x |
| FCF Yield | -19.5% | -36.7% | -27.7% | -13% | -15.4% | -24.9% | -15.1% |
| Price to Book | 1.91 x | 2.07 x | 1.83 x | 1.38 x | 1.48 x | 1.39 x | 1.26 x |
| Nbr of stocks (in thousands) | 219,731 | 310,796 | 345,755 | 413,937 | 413,937 | - | - |
| Reference price 2 | 6.850 | 8.600 | 8.270 | 6.780 | 6.970 | 6.970 | 6.970 |
| Announcement Date | 3/2/21 | 2/10/22 | 2/8/23 | 2/13/24 | - | - | - |
1NOK in Million2NOK
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | - | 0.704 | 12.26 | 47.68 | 168.4 | 589.9 | 784.4 | 1,203 |
| EBITDA 1 | - | -17.13 | -35.61 | -68.48 | -83.95 | 141.9 | 263.4 | 426.2 |
| EBIT 1 | - | -17.68 | -37.84 | -74.67 | -130.7 | 72.44 | 192.8 | 320.3 |
| Operating Margin | - | -2,510.8% | -308.73% | -156.61% | -77.59% | 12.28% | 24.58% | 26.64% |
| Earnings before Tax (EBT) 1 | - | -16.83 | -33.29 | -32.73 | -145.8 | 29.61 | 99.67 | 198.6 |
| Net income 1 | -11.27 | -16.83 | -33.29 | -32.73 | -145.8 | 22.83 | 77.22 | 222.4 |
| Net margin | - | -2,390.06% | -271.57% | -68.64% | -86.55% | 3.87% | 9.84% | 18.49% |
| EPS 2 | - | -0.1300 | -0.1100 | -0.1000 | -0.3700 | 0.0771 | 0.2168 | 0.5575 |
| Free Cash Flow 1 | - | -175.6 | -880.9 | -874.8 | -401.9 | -577 | -1,230 | -844.2 |
| FCF margin | - | -24,936.08% | -7,186.69% | -1,834.6% | -238.65% | -97.81% | -156.84% | -70.2% |
| FCF Conversion (EBITDA) | - | - | - | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - | - | - |
| Dividend per Share 2 | - | - | - | - | - | - | - | - |
| Announcement Date | 9/17/20 | 3/2/21 | 2/10/22 | 2/8/23 | 2/13/24 | - | - | - |
1NOK in Million2NOK
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 | 2025 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 12.25 | 0.005 | 6.818 | 12.68 | -0.223 | 28.41 | 2.972 | 60.75 | 15.86 | 88.85 | 96.51 | 174.8 | 156.7 | 164.6 | 205 |
| EBITDA 1 | -4.028 | -11.6 | -9.992 | -15.11 | -20.75 | -22.63 | -22.36 | -20.79 | -24.64 | -16.16 | 14 | 55.44 | 30.99 | 41.24 | 78 |
| EBIT 1 | -4.671 | -12.42 | -11.04 | -16.58 | -22.32 | -24.74 | -24.56 | -32.17 | -40.7 | -33.25 | -6.415 | 38.11 | 14.24 | 24.41 | 59 |
| Operating Margin | -38.13% | -248,360% | -161.85% | -130.74% | 10,009.42% | -87.08% | -826.31% | -52.96% | -256.68% | -37.43% | -6.65% | 21.81% | 9.09% | 14.83% | 28.78% |
| Earnings before Tax (EBT) 1 | -5.627 | -12.08 | -1.57 | -10.48 | -14.19 | -6.492 | -32.38 | -26.01 | -36.5 | -50.89 | -15.07 | 29.12 | 4.232 | 10.99 | 50.36 |
| Net income 1 | -5.627 | -12.08 | -1.57 | -10.48 | -14.19 | -6.492 | -32.38 | -26.01 | -36.5 | -50.89 | -14.4 | 24.9 | 3.232 | 8.769 | 39.02 |
| Net margin | -45.93% | -241,700% | -23.03% | -82.65% | 6,361.88% | -22.85% | -1,089.43% | -42.82% | -230.18% | -57.27% | -14.93% | 14.24% | 2.06% | 5.33% | 19.04% |
| EPS 2 | -0.0200 | -0.0400 | -0.0100 | -0.0300 | -0.0400 | -0.0200 | -0.0900 | -0.0700 | -0.0900 | -0.1200 | -0.0408 | 0.0710 | 0.008080 | 0.0199 | - |
| Dividend per Share 2 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 11/16/21 | 2/10/22 | 5/24/22 | 8/18/22 | 11/16/22 | 2/8/23 | 5/23/23 | 8/16/23 | 11/15/23 | 2/13/24 | - | - | - | - | - |
1NOK in Million2NOK
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | 303 | 287 | 869 | 2,048 | 2,713 |
| Net Cash position 1 | - | 606 | 270 | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | - | - | -4.424 x | -3.417 x | 6.125 x | 7.775 x | 6.366 x |
| Free Cash Flow 1 | - | -176 | -881 | -875 | -402 | -577 | -1,230 | -844 |
| ROE (net income / shareholders' equity) | - | -4.07% | -3.2% | -2.29% | -9.52% | 1.17% | 3.73% | 6.42% |
| ROA (Net income/ Total Assets) | - | -3.57% | -2.56% | -1.63% | -6.62% | 0.8% | 2.5% | 4.4% |
| Assets 1 | - | 471.6 | 1,299 | 2,006 | 2,203 | 2,853 | 3,089 | 5,054 |
| Book Value Per Share 2 | - | 3.590 | 4.150 | 4.520 | 4.910 | 4.720 | 5.000 | 5.540 |
| Cash Flow per Share | - | - | - | - | - | - | - | - |
| Capex 1 | - | 146 | 768 | 805 | 276 | 690 | 1,406 | 1,101 |
| Capex / Sales | - | 20,690.34% | 6,266.45% | 1,689.12% | 163.69% | 116.97% | 179.21% | 91.56% |
| Announcement Date | 9/17/20 | 3/2/21 | 2/10/22 | 2/8/23 | 2/13/24 | - | - | - |
1NOK in Million2NOK
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
Sell
Buy
Mean consensus
BUY
Number of Analysts
5
Last Close Price
6.97
NOK
Average target price
9.92
NOK
Spread / Average Target
+42.32%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +2.80% | 261M | |
| +24.44% | 3.55B | |
| 0.00% | 1.04B | |
| +3.44% | 717M | |
| -.--% | 486M | |
| +31.42% | 412M | |
| -4.05% | 393M | |
| -8.28% | 373M | |
| -18.49% | 391M | |
| +19.95% | 353M |
- Stock Market
- Equities
- SALME Stock
- Financials Salmon Evolution ASA
