Company Valuation: Mowi ASA

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 10,819 8,212 8,397 8,534 10,862 9,745 - -
Change - -24.1% 2.25% 1.64% 27.27% -10.28% - -
Enterprise Value (EV) 1 12,077 9,971 10,187 10,402 13,516 12,554 12,398 12,251
Change - -17.44% 2.17% 2.11% 29.94% -7.12% -1.24% -1.19%
P/E 21.1x 10.5x 18.9x 18.1x 14.9x 16.1x 12.8x 11x
PBR 3.43x 2.34x 2.34x 2.22x 2.48x 2.08x 1.98x 1.88x
PEG - 0.2x -0.4x 3.11x 0.3x -1x 0.5x 0.7x
Capitalization / Revenue 2.57x 1.66x 1.53x 1.52x 1.9x 1.5x 1.39x 1.32x
EV / Revenue 2.87x 2.02x 1.85x 1.86x 2.36x 1.93x 1.77x 1.66x
EV / EBITDA 17.5x 8.45x 8.34x 10.1x 14.2x 9.02x 7.58x 6.83x
EV / EBIT 23.1x 9.92x 9.91x 12.5x 18.6x 13x 10.2x 8.95x
EV / FCF 20.5x 32.2x 17.1x 19.2x 27.3x 22.5x 16.5x 14.1x
FCF Yield 4.87% 3.11% 5.85% 5.21% 3.66% 4.45% 6.04% 7.07%
Dividend per Share 2 0.3626 0.6739 0.6337 0.5649 0.5909 0.74 0.9822 1.227
Rate of return 1.73% 4.24% 3.9% 3.42% 2.87% 4% 5.31% 6.64%
EPS 2 0.99 1.51 0.86 0.91 1.38 1.15 1.44 1.676
Distribution rate 36.6% 44.6% 73.7% 62.1% 42.8% 64.4% 68.2% 73.2%
Net sales 1 4,208 4,946 5,506 5,604 5,720 6,492 6,989 7,367
EBITDA 1 690.3 1,179 1,221 1,030 948.9 1,392 1,635 1,794
EBIT 1 522.6 1,005 1,028 828.9 726.8 964.1 1,210 1,369
Net income 1 511.8 782.4 444.4 468.5 717.9 586.2 758 881.6
Net Debt 1 1,257 1,759 1,790 1,867 2,654 2,809 2,653 2,505
Reference price 2 20.92 15.88 16.24 16.50 20.60 18.48 18.48 18.48
Nbr of stocks (in thousands) 517,111 517,111 517,111 517,111 527,291 527,291 - -
Announcement Date 16/02/22 14/02/23 14/02/24 12/02/25 11/02/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
16.09x1.93x9.03x4% 11.28B
19.01x2.92x10.05x4.17% 7.47B
14.57x0.97x6.54x6.21% 2.67B
13.48x0.67x9.21x2.61% 2.5B
8.63x0.66x3.88x7.47% 1.86B
10.91x0.79x9.05x5.82% 1.48B
8.54x0.34x3.86x3.23% 1.17B
Average 13.03x 1.18x 7.38x 4.79% 4.06B
Weighted average by Cap. 15.42x 1.78x 8.53x 4.42%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield