Projected Income Statement: Bakkafrost

Forecast Balance Sheet: Bakkafrost

Forecast Balance Sheet - Bakkafrost
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt 1 2,126 2,664 3,533 3,000 3,897 4,505 4,286 3,922
Change - 25.31% 32.62% -15.09% 29.9% 15.6% -4.86% -8.49%
Announcement Date 2/22/22 2/21/23 2/20/24 2/17/25 2/9/26 - - -
1DKK in Million
Estimates

Cash Flow Forecast: Bakkafrost

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
CAPEX 1 1,115 1,236 1,060 1,022 1,135 1,160 1,050 1,068
Change - 10.82% -14.22% -3.59% 11.07% 2.17% -9.46% 1.75%
Free Cash Flow (FCF) 1 12.32 -52.74 -21.12 1,341 -56.5 560.6 1,023 1,371
Change - -528.27% 59.95% 6,446.55% -104.21% 1,092.3% 82.52% 33.99%
Announcement Date 2/22/22 2/21/23 2/20/24 2/17/25 2/9/26 - - -
1DKK in Million
Estimates

Forecast Financial Ratios: Bakkafrost

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028

Profitability

        
EBITDA Margin (%) 24.34% 31.45% 30.54% 30.13% 23.88% 31.36% 33.14% 34.78%
EBIT Margin (%) 14.79% 23.92% 21.62% 20.72% 12.67% 20.12% 23.39% 26.02%
EBT Margin (%) 20.48% 23.71% 16.08% 11.39% 9.06% 9.73% 17.8% 20.62%
Net margin (%) 17.36% 18.87% 13.38% 8.78% 7.57% 7.91% 13.78% 15.68%
FCF margin (%) 0.22% -0.74% -0.3% 17.92% -0.81% 7.15% 10.53% 12.6%
FCF / Net Income (%) 1.28% -3.92% -2.21% 204.18% -10.66% 90.42% 76.42% 80.39%

Profitability

        
ROA 6.93% 7.13% - 3.7% - - - -
ROE 10.67% 13.63% 8.99% 5.96% 3.68% 6.69% 11.43% 13.26%

Financial Health

        
Leverage (Debt/EBITDA) 1.57x 1.19x 1.62x 1.33x 2.33x 1.83x 1.33x 1.04x
Debt / Free cash flow 172.62x -50.51x -167.25x 2.24x -68.98x 8.04x 4.19x 2.86x

Capital Intensity

        
CAPEX / Current Assets (%) 20.08% 17.33% 14.84% 13.66% 16.2% 14.79% 10.81% 9.82%
CAPEX / EBITDA (%) 82.49% 55.1% 48.6% 45.34% 67.85% 47.17% 32.61% 28.24%
CAPEX / FCF (%) 9,054.1% -2,342.92% -5,018.02% 76.23% -2,009.17% 206.87% 102.62% 77.92%

Items per share

        
Cash flow per share 1 19.04 20.34 17.28 39.73 18.19 23.14 36.51 31.45
Change - 6.83% -15.03% 129.89% -54.21% 27.2% 57.77% -13.86%
Dividend per Share 1 5.14 10 8.7 8.44 3.45 7.651 11.22 13.72
Change - 94.55% -13% -2.99% -59.12% 121.77% 46.66% 22.25%
Book Value Per Share 1 158 175.9 183.6 188.2 186.2 194.5 210.1 230.6
Change - 11.3% 4.36% 2.54% -1.07% 4.43% 8.04% 9.74%
EPS 1 16.32 22.75 16.15 10.88 8.83 10.39 23.06 28.98
Change - 39.4% -29.01% -32.63% -18.84% 17.7% 121.87% 25.67%
Nbr of stocks (in thousands) 59,074 59,075 59,206 59,253 59,038 59,223 59,223 59,223
Announcement Date 2/22/22 2/21/23 2/20/24 2/17/25 2/9/26 - - -
1DKK
Estimates
2026 *2027 *
P/E 32.4x 14.9x
PBR 1.73x 1.6x
EV / Sales 3.1x 2.49x
Yield 2.27% 3.34%

EPS & Dividend

EPS & Dividend - Bakkafrost


Y-o-Y evolution of P/E

Valuation ratios - P/E - Bakkafrost
 

Year-on-year evolution of the Yield

Valuation ratios - Yield - Bakkafrost
Trader
Investor
Global
Quality
ESG MSCI
AA
MarketScreener Ratings - Bakkafrost
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
9
Last Close Price
336.41DKK
Average target price
344.49DKK
Spread / Average Target
+2.40%

Quarterly revenue - Rate of surprise

Rate of surprise - Net sales - Quarterly - Bakkafrost
  1. Stock Market
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  3. BAKKA Stock
  4. Financials Bakkafrost