SalMar ASA
OSE:SALM

Watchlist Manager
SalMar ASA Logo
SalMar ASA
OSE:SALM
Watchlist
Price: 605 NOK -0.49% Market Closed
Market Cap: 81.9B NOK

Relative Value

The Relative Value of one SALM stock under the Base Case scenario is 854.04 NOK. Compared to the current market price of 605 NOK, SalMar ASA is Undervalued by 29%.

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.

SALM Relative Value
Base Case
854.04 NOK
Undervaluation 29%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
41
vs Industry
16
Median 3Y
2.7
Median 5Y
2.9
Industry
1
Forward
2.9
vs History
0
vs Industry
22
Median 3Y
28
Median 5Y
27.8
Industry
16.1
Forward
42.4
vs History
23
vs Industry
26
Median 3Y
11.9
Median 5Y
14.7
Industry
9.9
vs History
23
vs Industry
36
Median 3Y
12.5
Median 5Y
13.9
Industry
16.7
vs History
33
vs Industry
12
Median 3Y
3.9
Median 5Y
4.4
Industry
1.5
vs History
39
vs Industry
14
Median 3Y
3.4
Median 5Y
3.6
Industry
1.1
Forward
3.6
vs History
31
vs Industry
33
Median 3Y
6.6
Median 5Y
7
Industry
4.8
vs History
0
vs Industry
30
Median 3Y
12.3
Median 5Y
13.4
Industry
9.9
Forward
17.5
vs History
0
vs Industry
27
Median 3Y
15
Median 5Y
16.7
Industry
13.1
Forward
26.4
vs History
17
vs Industry
23
Median 3Y
14.9
Median 5Y
17.7
Industry
11.3
vs History
4
vs Industry
14
Median 3Y
16.1
Median 5Y
18.6
Industry
15.6
vs History
42
vs Industry
26
Median 3Y
1.8
Median 5Y
1.9
Industry
1.1

Multiples Across Competitors

SALM Competitors Multiples
SalMar ASA Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
NO
SalMar ASA
OSE:SALM
81.8B NOK 3 69.3 23.8 42.6
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
199.4B CHF 2.2 19.3 13 16.1
US
Mondelez International Inc
NASDAQ:MDLZ
70.8B USD 1.9 20.1 15.7 20.5
ZA
Tiger Brands Ltd
JSE:TBS
56.9B Zac 0 0 0 0
FR
Danone SA
PAR:BN
49B EUR 1.8 26.6 11.5 15.5
CN
Muyuan Foods Co Ltd
SZSE:002714
266.7B CNY 1.7 12 12.3 12.3
US
Hershey Co
NYSE:HSY
37B USD 3.2 27.2 16.4 20.5
ZA
Avi Ltd
JSE:AVI
34.3B Zac 0 0 0 0
CH
Chocoladefabriken Lindt & Spruengli AG
SIX:LISN
26.9B CHF 4.7 41.8 24.3 33.2
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
213.7B CNY 7.6 31.2 28.4 28.4
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
NO
SalMar ASA
OSE:SALM
Average EV/EBITDA: 20 743.1
23.8
19%
1.3
JP
G
Goyo Foods Industry Co Ltd
TSE:2230
186 542.5
N/A N/A
CH
Nestle SA
SIX:NESN
13
1%
13
US
Mondelez International Inc
NASDAQ:MDLZ
15.7
-2%
N/A
ZA
T
Tiger Brands Ltd
JSE:TBS
Not Available
11%
N/A
FR
Danone SA
PAR:BN
11.5
5%
2.3
CN
Muyuan Foods Co Ltd
SZSE:002714
12.3
31%
0.4
US
Hershey Co
NYSE:HSY
16.4
-5%
N/A
ZA
A
Avi Ltd
JSE:AVI
Not Available
7%
N/A
CH
Chocoladefabriken Lindt & Spruengli AG
SIX:LISN
24.3
8%
3
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
28.4
16%
1.8
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
NO
SalMar ASA
OSE:SALM
Average EV/EBIT: 35 385.9
42.6
23%
1.9
JP
G
Goyo Foods Industry Co Ltd
TSE:2230
318 284.3
N/A N/A
CH
Nestle SA
SIX:NESN
16.1
0%
N/A
US
Mondelez International Inc
NASDAQ:MDLZ
20.5
-3%
N/A
ZA
T
Tiger Brands Ltd
JSE:TBS
Not Available
12%
N/A
FR
Danone SA
PAR:BN
15.5
6%
2.6
CN
Muyuan Foods Co Ltd
SZSE:002714
12.3
20%
0.6
US
Hershey Co
NYSE:HSY
20.5
-6%
N/A
ZA
A
Avi Ltd
JSE:AVI
Not Available
8%
N/A
CH
Chocoladefabriken Lindt & Spruengli AG
SIX:LISN
33.2
8%
4.1
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
28.4
11%
2.6