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SalMar ASA
F:JEP

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SalMar ASA
F:JEP
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Price: 49.12 EUR -0.85% Market Closed
Market Cap: €6.5B

P/OCF

23.1
Current
87%
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
23.1
=
Market Cap
€77.7B
/
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
23.1
=
Market Cap
€77.7B
/
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 €26.31 (46% 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 23.1 €49.12
0%
3-Year Average 12.4 €26.31
-46%
5-Year Average 18.8 €39.97
-19%
Industry Average 12.6 €26.8
-45%
Country Average 8.4 €17.75
-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
F:JEP
73.3B EUR 23.1 68.2
JP
Goyo Foods Industry Co Ltd
TSE:2230
53.2T JPY 324 863.9 540 752.8
CH
Nestle SA
SIX:NESN
205.8B CHF 13.2 23.2
US
Mondelez International Inc
NASDAQ:MDLZ
73.8B USD 16.4 30.1
FR
Danone SA
PAR:BN
43.3B EUR 11.4 23.8
ZA
Tiger Brands Ltd
JSE:TBS
48.7B ZAR 21.4 12.8
US
Hershey Co
NYSE:HSY
38.8B USD 17.1 44
CN
Muyuan Foods Co Ltd
SZSE:002714
237.6B CNY 11 24.3
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
231.2B CNY 29.8 32.8
ZA
Avi Ltd
JSE:AVI
32.7B ZAR 10.7 12.7
CH
Chocoladefabriken Lindt & Spruengli AG
SIX:LISN
23.8B CHF 45.3 32.4

Market Distribution

Lower than 93% of companies in Norway
Percentile
7th
Based on 535 companies
7th percentile
2.1
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.

JEP Intrinsic Value
67.39 EUR
Undervaluation 27%
Intrinsic Value
Price €49.12
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