Financials Austevoll Seafood ASA

Equities

AUSS

NO0010073489

Food Processing

Market Closed - Oslo Bors 10:45:00 2024-04-26 am EDT 5-day change 1st Jan Change
86.2 NOK +1.29% Intraday chart for Austevoll Seafood ASA +3.73% +16.25%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 21,555 18,174 17,700 21,474 17,851 17,397 17,397 -
Enterprise Value (EV) 1 25,537 23,528 23,642 25,493 24,842 23,399 23,900 23,316
P/E ratio 9.38 x 14.5 x 35.8 x 11.2 x 7.27 x 51.1 x 8.8 x 8 x
Yield 3.28% 5% 3.99% 4.23% 5.09% 6.07% 5.65% 6.96%
Capitalization / Revenue 0.94 x 0.78 x 0.79 x 0.81 x 0.57 x 0.44 x 0.46 x 0.45 x
EV / Revenue 1.12 x 1.01 x 1.05 x 0.96 x 0.8 x 0.69 x 0.64 x 0.6 x
EV / EBITDA 4.87 x 5.52 x 6.43 x 5.3 x 4.3 x 4.44 x 3.6 x 3.2 x
EV / FCF 16.4 x 11.1 x 16.7 x 8.77 x 16.3 x 13.9 x 13 x 9.83 x
FCF Yield 6.09% 8.98% 5.99% 11.4% 6.12% 7.18% 7.68% 10.2%
Price to Book 1.86 x 1.49 x 1.47 x 1.61 x 1.17 x 1.01 x 1.14 x 1.05 x
Nbr of stocks (in thousands) 201,824 201,824 201,824 201,824 201,824 201,824 201,824 -
Reference price 2 106.8 90.05 87.70 106.4 88.45 86.20 86.20 86.20
Announcement Date 2/25/19 2/25/20 2/19/21 2/17/22 2/21/23 2/28/24 - -
1NOK in Million2NOK
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Net sales 1 22,837 23,342 22,447 26,633 31,150 33,774 37,568 38,868
EBITDA 1 5,239 4,261 3,675 4,810 5,782 5,269 6,644 7,291
EBIT 1 4,286 2,924 2,159 3,218 4,051 3,626 4,692 5,291
Operating Margin 18.77% 12.53% 9.62% 12.08% 13% 10.74% 12.49% 13.61%
Earnings before Tax (EBT) 1 5,192 2,756 1,027 4,376 5,428 2,845 4,771 5,413
Net income 1 2,299 1,256 494.1 1,911 2,454 292 1,986 2,185
Net margin 10.07% 5.38% 2.2% 7.17% 7.88% 0.86% 5.29% 5.62%
EPS 2 11.39 6.220 2.450 9.470 12.16 1.450 9.798 10.78
Free Cash Flow 1 1,556 2,113 1,415 2,907 1,520 1,681 1,837 2,371
FCF margin 6.81% 9.05% 6.3% 10.91% 4.88% 4.98% 4.89% 6.1%
FCF Conversion (EBITDA) 29.71% 49.59% 38.5% 60.44% 26.29% 31.9% 27.64% 32.52%
FCF Conversion (Net income) 67.69% 168.28% 286.37% 152.15% 61.95% 575.68% 92.46% 108.49%
Dividend per Share 2 3.500 4.500 3.500 4.500 4.500 4.500 4.868 5.995
Announcement Date 2/25/19 2/25/20 2/19/21 2/17/22 2/21/23 2/28/24 - -
1NOK in Million2NOK
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q2 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 6,263 7,390 7,028 6,565 7,852 9,094 7,639 8,002 8,452 8,566 8,754 8,238 9,700 8,963 9,422
EBITDA 1 1,262 1,146 1,307 1,444 1,764 1,716 1,069 1,605 1,441 1,011 1,190 1,577 1,936 1,464 1,682
EBIT 1 867 741 903 1,002 1,350 1,279 630.5 1,153 981 592 804 1,097 1,448 973.3 1,173
Operating Margin 13.84% 10.03% 12.85% 15.26% 17.19% 14.06% 8.25% 14.41% 11.61% 6.91% 9.18% 13.32% 14.93% 10.86% 12.45%
Earnings before Tax (EBT) 1 1,489 631 1,154 1,366 2,223 1,367 471.1 1,568 857 -399 820 1,153 1,449 990.6 1,347
Net income 1 606 369.2 463.6 515.6 962.6 713.5 262 669.2 605 -508 433 421.6 638.7 459.6 477.4
Net margin 9.68% 5% 6.6% 7.85% 12.26% 7.85% 3.43% 8.36% 7.16% -5.93% 4.95% 5.12% 6.58% 5.13% 5.07%
EPS 2 3.000 1.830 2.300 2.550 4.770 3.540 1.300 3.300 3.000 -1.000 2.150 2.035 3.145 2.296 2.324
Dividend per Share 2 - - 4.500 - 4.500 - 4.500 - - - 1.037 - 4.500 - -
Announcement Date 8/19/21 11/11/21 2/17/22 5/13/22 8/24/22 11/15/22 2/21/23 5/16/23 8/22/23 11/15/23 2/28/24 - - - -
1NOK in Million2NOK
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Net Debt 1 3,983 5,354 5,942 4,019 6,991 8,434 6,502 5,918
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 0.7602 x 1.257 x 1.617 x 0.8355 x 1.209 x 1.601 x 0.9787 x 0.8117 x
Free Cash Flow 1 1,556 2,113 1,415 2,907 1,520 1,681 1,837 2,371
ROE (net income / shareholders' equity) 21.4% 11.5% 4.05% 15% 17.4% 1.94% 11.5% 11.7%
ROA (Net income/ Total Assets) 6.28% 3.58% 1.24% 4.58% 5.42% 0.58% 3.63% 2.92%
Assets 1 36,634 35,111 39,786 41,762 45,253 50,440 54,782 74,838
Book Value Per Share 2 57.50 60.60 59.70 65.90 75.90 73.10 75.50 82.40
Cash Flow per Share 2 15.70 15.70 14.60 - - 15.90 23.40 21.40
Capex 1 2,533 1,545 1,529 1,338 1,834 1,968 2,245 2,265
Capex / Sales 11.09% 6.62% 6.81% 5.02% 5.89% 5.83% 5.98% 5.83%
Announcement Date 2/25/19 2/25/20 2/19/21 2/17/22 2/21/23 2/28/24 - -
1NOK in Million2NOK
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B+
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
6
Last Close Price
86.2 NOK
Average target price
103.3 NOK
Spread / Average Target
+19.88%
Consensus
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  4. Financials Austevoll Seafood ASA