P

P/F Bakkafrost
OSE:BAKKA

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P/F Bakkafrost
OSE:BAKKA
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Price: 627 NOK -0.4% Market Closed
Market Cap: 37.2B NOK
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Relative Value

The Relative Value of one BAKKA stock under the Base Case scenario is 940.35 NOK. Compared to the current market price of 627 NOK, P/F Bakkafrost is Undervalued by 33%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

BAKKA Relative Value
Base Case
940.35 NOK
Undervaluation 33%
Relative Value
Price
P
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
80
vs Industry
16
Median 3Y
3.4
Median 5Y
4.1
Industry
1
Forward
2.9
vs History
66
vs Industry
24
Median 3Y
26.1
Median 5Y
28.4
Industry
16.8
Forward
19.6
vs History
88
vs Industry
17
Median 3Y
20.5
Median 5Y
21.7
Industry
9.9
vs History
55
vs Industry
20
Median 3Y
43.4
Median 5Y
34.4
Industry
17.2
vs History
74
vs Industry
35
Median 3Y
2.3
Median 5Y
2.5
Industry
1.5
vs History
82
vs Industry
14
Median 3Y
3.8
Median 5Y
4.5
Industry
1.1
Forward
3.3
vs History
80
vs Industry
44
Median 3Y
5.5
Median 5Y
7.1
Industry
4.8
vs History
77
vs Industry
32
Median 3Y
13.5
Median 5Y
15
Industry
10.6
Forward
11
vs History
66
vs Industry
29
Median 3Y
19.1
Median 5Y
21.1
Industry
13.7
Forward
16.9
vs History
90
vs Industry
16
Median 3Y
23.6
Median 5Y
24.3
Industry
11.2
vs History
44
vs Industry
1
Median 3Y
104
Median 5Y
31.4
Industry
15.5
vs History
76
vs Industry
34
Median 3Y
1.8
Median 5Y
2
Industry
1.1

Multiples Across Competitors

BAKKA Competitors Multiples
P/F Bakkafrost Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
FO
P/F Bakkafrost
OSE:BAKKA
37.2B NOK 3.1 26.1 12.7 18.6
JP
Goyo Foods Industry Co Ltd
TSE:2230
53.2T JPY 23 895.9 540 752.8 186 542.5 318 284.3
CH
Nestle SA
SIX:NESN
190.5B CHF 2.1 17 12.4 15.1
US
Mondelez International Inc
NASDAQ:MDLZ
80.2B USD 2.2 21 12.9 15.6
ZA
Tiger Brands Ltd
JSE:TBS
45.5B Zac 0 0 0 0
FR
Danone SA
PAR:BN
41.2B EUR 1.5 41.1 9.4 13.8
MY
Ocb Bhd
KLSE:OCB
167.6B MYR 542 14 380.3 7 279.1 9 403.8
US
Kraft Heinz Co
NASDAQ:KHC
37B USD 1.4 27 8.8 10.3
ZA
Avi Ltd
JSE:AVI
35.8B Zac 0 0 0 0
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
260.3B CNY 10.1 43.5 37.3 37.3
US
General Mills Inc
NYSE:GIS
35.2B USD 1.8 13.5 10.7 12.3
P/S Multiple
Revenue Growth P/S to Growth
FO
P
P/F Bakkafrost
OSE:BAKKA
Average P/S: 2 717.8
3.1
58%
0.1
JP
G
Goyo Foods Industry Co Ltd
TSE:2230
23 895.9
N/A N/A
CH
Nestle SA
SIX:NESN
2.1
5%
0.4
US
Mondelez International Inc
NASDAQ:MDLZ
2.2
13%
0.2
ZA
T
Tiger Brands Ltd
JSE:TBS
Not Available
17%
N/A
FR
Danone SA
PAR:BN
1.5
9%
0.2
MY
O
Ocb Bhd
KLSE:OCB
542
N/A N/A
US
Kraft Heinz Co
NASDAQ:KHC
1.4
1%
2.1
ZA
A
Avi Ltd
JSE:AVI
Not Available
23%
N/A
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
10.1
35%
0.3
US
General Mills Inc
NYSE:GIS
1.8
2%
0.8
P/E Multiple
Earnings Growth P/E to Growth
FO
P
P/F Bakkafrost
OSE:BAKKA
Average P/E: 61 702.5
26.1
111%
0.2
JP
G
Goyo Foods Industry Co Ltd
TSE:2230
540 752.8
N/A N/A
CH
Nestle SA
SIX:NESN
17
18%
1
US
Mondelez International Inc
NASDAQ:MDLZ
21
5%
4.2
ZA
T
Tiger Brands Ltd
JSE:TBS
Not Available
50%
N/A
FR
Danone SA
PAR:BN
41.1
211%
0.2
MY
O
Ocb Bhd
KLSE:OCB
14 380.3
N/A N/A
US
Kraft Heinz Co
NASDAQ:KHC
27
38%
0.7
ZA
A
Avi Ltd
JSE:AVI
Not Available
29%
N/A
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
43.5
40%
1.1
US
General Mills Inc
NYSE:GIS
13.5
12%
1.1
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
FO
P
P/F Bakkafrost
OSE:BAKKA
Average EV/EBITDA: 21 547.3
12.7
91%
0.1
JP
G
Goyo Foods Industry Co Ltd
TSE:2230
186 542.5
N/A N/A
CH
Nestle SA
SIX:NESN
12.4
5%
2.3
US
Mondelez International Inc
NASDAQ:MDLZ
12.9
19%
0.7
ZA
T
Tiger Brands Ltd
JSE:TBS
Not Available
74%
N/A
FR
Danone SA
PAR:BN
9.4
4%
2.5
MY
O
Ocb Bhd
KLSE:OCB
7 279.1
N/A N/A
US
Kraft Heinz Co
NASDAQ:KHC
8.8
6%
1.4
ZA
A
Avi Ltd
JSE:AVI
Not Available
24%
N/A
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
37.3
65%
0.6
US
General Mills Inc
NYSE:GIS
10.7
3%
3.6
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
FO
P
P/F Bakkafrost
OSE:BAKKA
Average EV/EBIT: 36 423.5
18.6
117%
0.2
JP
G
Goyo Foods Industry Co Ltd
TSE:2230
318 284.3
N/A N/A
CH
Nestle SA
SIX:NESN
15.1
3%
4.5
US
Mondelez International Inc
NASDAQ:MDLZ
15.6
19%
0.8
ZA
T
Tiger Brands Ltd
JSE:TBS
Not Available
39%
N/A
FR
Danone SA
PAR:BN
13.8
17%
0.8
MY
O
Ocb Bhd
KLSE:OCB
9 403.8
N/A N/A
US
Kraft Heinz Co
NASDAQ:KHC
10.3
6%
1.7
ZA
A
Avi Ltd
JSE:AVI
Not Available
24%
N/A
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
37.3
45%
0.8
US
General Mills Inc
NYSE:GIS
12.3
2%
6.7

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