Valuation Bakkafrost

Stocks

Real-time Oslo Bors 17:51:18 28/10/2026 HKT			5-day change	1st Jan Change
467.00 ^NOK	+0.21%		+1.35%	-9.58%

02:58pm	SEB raises price target for Bakkafrost to 500 Norwegian kroner (450), reiterates Hold	FW
10-21	SB1 Markets sees higher salmon prices in 2027, Bakkafrost remains favorite	FW

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	25,696	25,708	20,946	23,735	19,290	19,843	-	-
Change	-	0.05%	-18.52%	13.32%	-18.73%	2.86%	-	-
Enterprise Value (EV) ¹	27,822	28,372	24,479	26,735	23,187	24,423	24,289	24,041
Change	-	1.98%	-13.72%	9.22%	-13.27%	5.33%	-0.55%	-1.02%
P/E	26.7x	19.1x	21.9x	36.8x	37x	32.3x	14.8x	11.7x
PBR	2.75x	2.47x	1.93x	2.13x	1.75x	1.72x	1.6x	1.46x
PEG	-	0.5x	-0.8x	-1.1x	-2x	1.8x	0x	0.4x
Capitalization / Revenue	4.63x	3.61x	2.93x	3.17x	2.75x	2.51x	2.03x	1.81x
EV / Revenue	5.01x	3.98x	3.43x	3.57x	3.31x	3.09x	2.48x	2.19x
EV / EBITDA	20.6x	12.7x	11.2x	11.9x	13.9x	9.94x	7.65x	6.41x
EV / EBIT	33.9x	16.6x	15.9x	17.3x	26.1x	15.5x	10.9x	8.62x
EV / FCF	2,259x	-538x	-1,159x	19.9x	-410x	43.6x	24.4x	17.8x
FCF Yield	0.04%	-0.19%	-0.09%	5.01%	-0.24%	2.3%	4.11%	5.61%
Dividend per Share ²	5.14	10	8.7	8.44	3.45	7.651	11.22	13.72
Rate of return	1.18%	2.3%	2.46%	2.11%	1.06%	2.28%	3.35%	4.09%
EPS ²	16.32	22.75	16.15	10.88	8.83	10.37	22.57	28.58
Distribution rate	31.5%	44%	53.9%	77.6%	39.1%	73.7%	49.7%	48%
Net sales ¹	5,554	7,130	7,141	7,480	7,007	7,894	9,784	10,978
EBITDA ¹	1,352	2,243	2,181	2,254	1,673	2,457	3,176	3,750
EBIT ¹	821.2	1,705	1,544	1,550	888	1,576	2,231	2,790
Net income ¹	964.1	1,345	955.6	656.6	530.2	614	1,324	1,688
Net Debt ¹	2,126	2,664	3,533	3,000	3,897	4,581	4,447	4,199
Reference price ²	434.98	435.17	353.78	400.56	326.74	335.05	335.05	335.05
Nbr of stocks (in thousands)	59,074	59,075	59,206	59,253	59,038	59,223	-	-
Announcement Date	22/2/22	21/2/23	20/2/24	17/2/25	9/2/26	-	-	-

¹DKK in Million²DKK

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
BAKKAFROST	32.29x	3.09x	9.94x	2.28%	2.96B
MUYUAN FOODS GROUP CO., LTD.	-154.3x	2.03x	18.31x	0.14%	34.98B
WENS FOODSTUFF GROUP CO., LTD.	-24.96x	1.37x	79.01x	0.2%	15.74B
GUANGDONG HAID GROUP CO., LIMITED	18.28x	0.51x	9.91x	2.78%	11.04B
CHAROEN POKPHAND FOODS	8.91x	1.09x	8.97x	4.54%	4.83B
NEW HOPE LIUHE CO.,LTD.	-15.85x	0.66x	17.56x	0.13%	4.52B
FUJIAN WANCHEN FOOD GROUP CO., LTD.	10.6x	0.29x	4.02x	1.81%	4.25B
JIANGXI ZHENGBANG TECHNOLOGY CO., LTD.	-20.14x	-	-	-	3.9B
HEILONGJIANG AGRICULTURE COMPANY LIMITED	18.8x	-	-	3.75%	3.56B
Average	-14.04x	1.29x	21.10x	1.95%	9.53B
Weighted average by Cap.	-63.98x	1.49x	27.62x	1.09%