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SalMar ASA
OSE:SALM

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SalMar ASA
OSE:SALM
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Price: 545.5 NOK -1.36% Market Closed
Market Cap: kr74B

EV/GP

7.2
Current
9%
More Expensive
vs 3-y average of 6.6

Enterprise Value to Gross Profit (EV/GP) ratio compares a company`s total enterprise value to its gross profit. It shows how much investors are paying for each dollar of the company`s gross profit, including both equity and debt.

EV/GP
7.2
=
Enterprise Value
kr97.3B
/
Gross Profit
kr13.4B

Enterprise Value to Gross Profit (EV/GP) ratio compares a company`s total enterprise value to its gross profit. It shows how much investors are paying for each dollar of the company`s gross profit, including both equity and debt.

EV/GP
7.2
=
Enterprise Value
kr97.3B
/
Gross Profit
kr13.4B

Valuation Scenarios

SalMar ASA is trading above its 3-year average

If EV/GP returns to its 3-Year Average (6.6), the stock would be worth kr502.1 (8% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-71%
Maximum Upside
No Upside Scenarios
Average Downside
32%
Scenario EV/GP Value Implied Price Upside/Downside
Current Multiple 7.2 kr545.5
0%
3-Year Average 6.6 kr502.1
-8%
5-Year Average 7 kr532.19
-2%
Industry Average 3.9 kr296.15
-46%
Country Average 2.1 kr156.53
-71%

Forward EV/GP
Today’s price vs future gross profit

Not enough data available to calculate forward EV/GP

Peer Comparison

All Multiples
EV/GP
P/E
All Countries
Close
Market Cap EV/GP P/E
NO
SalMar ASA
OSE:SALM
74.8B NOK 7.2 69.3
JP
Goyo Foods Industry Co Ltd
TSE:2230
53.2T JPY 70 536.4 540 752.8
CH
Nestle SA
SIX:NESN
206.9B CHF 6 22.5
US
Mondelez International Inc
NASDAQ:MDLZ
78.2B USD 8.8 31.9
FR
Danone SA
PAR:BN
42.4B EUR 3.5 23.3
ZA
Tiger Brands Ltd
JSE:TBS
48.7B ZAR 4.1 12.8
US
Hershey Co
NYSE:HSY
38.4B USD 10.8 43.4
CN
Muyuan Foods Co Ltd
SZSE:002714
236.5B CNY 14.6 25.2
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
229.3B CNY 16.8 32.6
ZA
Avi Ltd
JSE:AVI
33B ZAR 4.7 12.8
IN
Nestle India Ltd
NSE:NESTLEIND
2.8T INR 21.9 80.5

Market Distribution

Higher than 78% of companies in Norway
Percentile
78th
Based on 421 companies
78th percentile
7.2
Low
0.1 — 0.5
Typical Range
0.5 — 4.2
High
4.2 —
Distribution Statistics
Norway
Min 0.1
30th Percentile 0.5
Median 2.1
70th Percentile 4.2
Max 32 322.1

SalMar ASA
Glance View

SalMar ASA, a key player in the global aquaculture realm, began its journey in 1991, on the rugged coasts of Norway. Founded by Gustav Witzøe, the company has forged its reputation by pioneering sustainable fish farming practices. In a world of increasing demand for protein, SalMar specializes in the farming, processing, and selling of farmed salmon. This simple yet demanding business model starts in the fjords of Norway, where SalMar utilizes modern biotechnological advances and cutting-edge marine engineering to nurture Atlantic salmon in optimal, controlled sea environments. The company's operational strategy revolves around vertically integrated operations. From its hatcheries and sea farms to its state-of-the-art harvesting and processing facilities, SalMar ensures the highest quality standards at every step. By maintaining control over the entire production chain, SalMar not only upholds sustainable practices but also capitalizes on efficiencies and cost synergies. This end-to-end approach allows SalMar to generate robust revenue streams, appealing to both domestic and international markets hungry for premium seafood. SalMar's adeptness at aligning economic profitability with environmental stewardship has fortified its position as a leading harvester of the ocean's bounty, ensuring the company remains buoyant amidst the tides of global demand shifts.

SALM Intrinsic Value
640.7 NOK
Undervaluation 15%
Intrinsic Value
Price kr545.5
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