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SalMar ASA
OSE:SALM

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SalMar ASA
OSE:SALM
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Price: 542 NOK 0.56% Market Closed
Market Cap: kr73.5B

P/OCF

23.3
Current
88%
More Expensive
vs 3-y average of 12.4

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
23.3
=
Market Cap
kr77.7B
/
Operating Cash Flow
kr3.3B

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
23.3
=
Market Cap
kr77.7B
/
Operating Cash Flow
kr3.3B

Valuation Scenarios

SalMar ASA is trading above its 3-year average

If P/OCF returns to its 3-Year Average (12.4), the stock would be worth kr287.61 (47% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-64%
Maximum Upside
No Upside Scenarios
Average Downside
44%
Scenario P/OCF Value Implied Price Upside/Downside
Current Multiple 23.3 kr542
0%
3-Year Average 12.4 kr287.61
-47%
5-Year Average 18.8 kr436.95
-19%
Industry Average 12.6 kr293.03
-46%
Country Average 8.4 kr194.06
-64%

Forward P/OCF
Today’s price vs future operating cash flow

Not enough data available to calculate forward P/OCF

Peer Comparison

All Multiples
P/OCF
P/E
All Countries
Close
Market Cap P/OCF P/E
NO
SalMar ASA
OSE:SALM
72.9B NOK 23.3 68.8
JP
Goyo Foods Industry Co Ltd
TSE:2230
53.2T JPY 324 863.9 540 752.8
CH
Nestle SA
SIX:NESN
194.3B CHF 12.9 22.8
US
Mondelez International Inc
NASDAQ:MDLZ
74B USD 16.4 30.2
FR
Danone SA
PAR:BN
43.6B EUR 11.5 24
ZA
Tiger Brands Ltd
JSE:TBS
49.6B ZAR 21.7 13
US
Hershey Co
NYSE:HSY
39B USD 17.1 44.1
CN
Muyuan Foods Co Ltd
SZSE:002714
244.3B CNY 7.9 15.4
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
232.6B CNY 30 33
ZA
Avi Ltd
JSE:AVI
33.7B ZAR 11 13.1
CH
Chocoladefabriken Lindt & Spruengli AG
SIX:LISN
23.3B CHF 45.4 32.5

Market Distribution

Higher than 81% of companies in Norway
Percentile
81st
Based on 535 companies
81st percentile
23.3
Low
0.8 — 5.1
Typical Range
5.1 — 17.7
High
17.7 —
Distribution Statistics
Norway
Min 0.8
30th Percentile 5.1
Median 8.4
70th Percentile 17.7
Max 7 081

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 kr542
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