Financials Austevoll Seafood ASA

Equities

AUSS

NO0010073489

Food Processing

Market Closed - Oslo Bors 10:45:00 2024-05-03 am EDT 5-day change 1st Jan Change
89.5 NOK +1.70% Intraday chart for Austevoll Seafood ASA +3.83% +20.70%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 18,174 17,700 21,474 17,851 14,965 18,063 - -
Enterprise Value (EV) 1 23,528 23,642 25,493 24,842 23,399 24,698 24,044 21,843
P/E ratio 14.5 x 35.8 x 11.2 x 7.27 x 51.1 x 9.05 x 7.78 x 7.79 x
Yield 5% 3.99% 4.23% 5.09% 6.07% 6.21% 7.15% 7.91%
Capitalization / Revenue 0.78 x 0.79 x 0.81 x 0.57 x 0.44 x 0.49 x 0.46 x 0.46 x
EV / Revenue 1.01 x 1.05 x 0.96 x 0.8 x 0.69 x 0.67 x 0.61 x 0.55 x
EV / EBITDA 5.52 x 6.43 x 5.3 x 4.3 x 4.44 x 3.72 x 3.24 x 2.86 x
EV / FCF 11.1 x 16.7 x 8.77 x 16.3 x 13.9 x 13.9 x 9.95 x 6.74 x
FCF Yield 8.98% 5.99% 11.4% 6.12% 7.18% 7.19% 10.1% 14.8%
Price to Book 1.49 x 1.47 x 1.61 x 1.17 x 1.01 x 1.18 x 1.08 x 1.05 x
Nbr of stocks (in thousands) 201,824 201,824 201,824 201,824 201,824 201,824 - -
Reference price 2 90.05 87.70 106.4 88.45 74.15 89.50 89.50 89.50
Announcement Date 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 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 23,342 22,447 26,633 31,150 33,774 36,818 39,262 39,564
EBITDA 1 4,261 3,675 4,810 5,782 5,269 6,643 7,428 7,632
EBIT 1 2,924 2,159 3,218 4,051 3,626 4,678 5,410 5,548
Operating Margin 12.53% 9.62% 12.08% 13% 10.74% 12.71% 13.78% 14.02%
Earnings before Tax (EBT) 1 2,756 1,027 4,376 5,428 2,845 4,699 5,552 5,633
Net income 1 1,256 494.1 1,911 2,454 292 2,002 2,329 2,256
Net margin 5.38% 2.2% 7.17% 7.88% 0.86% 5.44% 5.93% 5.7%
EPS 2 6.220 2.450 9.470 12.16 1.450 9.887 11.50 11.49
Free Cash Flow 1 2,113 1,415 2,907 1,520 1,681 1,777 2,416 3,243
FCF margin 9.05% 6.3% 10.91% 4.88% 4.98% 4.83% 6.15% 8.2%
FCF Conversion (EBITDA) 49.59% 38.5% 60.44% 26.29% 31.9% 26.74% 32.53% 42.49%
FCF Conversion (Net income) 168.28% 286.37% 152.15% 61.95% 575.68% 88.72% 103.74% 143.71%
Dividend per Share 2 4.500 3.500 4.500 4.500 4.500 5.557 6.396 7.075
Announcement Date 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 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 2025 Q1
Net sales 1 7,390 7,028 6,565 7,852 9,094 7,639 8,002 8,452 8,566 8,754 8,098 9,716 8,997 9,377 -
EBITDA 1 1,146 1,307 1,444 1,764 1,716 1,069 1,605 1,441 1,011 1,190 1,541 1,937 1,479 1,681 1,668
EBIT 1 741 903 1,002 1,350 1,279 630.5 1,153 981 592 804 1,061 1,450 988.6 1,172 1,164
Operating Margin 10.03% 12.85% 15.26% 17.19% 14.06% 8.25% 14.41% 11.61% 6.91% 9.18% 13.11% 14.92% 10.99% 12.5% -
Earnings before Tax (EBT) 1 631 1,154 1,366 2,223 1,367 471.1 1,568 857 -399 820 1,084 1,452 1,020 1,345 1,940
Net income 1 369.2 463.6 515.6 962.6 713.5 262 669.2 605 -508 433 405.3 642 469.3 480.8 781.2
Net margin 5% 6.6% 7.85% 12.26% 7.85% 3.43% 8.36% 7.16% -5.93% 4.95% 5% 6.61% 5.22% 5.13% -
EPS 2 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 3.092
Dividend per Share 2 - 4.500 - 4.500 - 4.500 - - - - - 4.500 - - -
Announcement Date 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 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 5,354 5,942 4,019 6,991 8,434 6,634 5,981 3,780
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 1.257 x 1.617 x 0.8355 x 1.209 x 1.601 x 0.9987 x 0.8052 x 0.4953 x
Free Cash Flow 1 2,113 1,415 2,907 1,520 1,681 1,777 2,417 3,243
ROE (net income / shareholders' equity) 11.5% 4.05% 15% 17.4% 1.94% 11.8% 12.9% 11.4%
ROA (Net income/ Total Assets) 3.58% 1.24% 4.58% 5.42% 0.58% 3.82% 4.17% 4.19%
Assets 1 35,111 39,786 41,762 45,253 50,440 52,448 55,886 53,863
Book Value Per Share 2 60.60 59.70 65.90 75.90 73.10 75.60 82.50 85.40
Cash Flow per Share 2 15.70 14.60 - - 15.90 23.40 21.40 30.20
Capex 1 1,545 1,529 1,338 1,834 1,968 2,191 2,321 2,295
Capex / Sales 6.62% 6.81% 5.02% 5.89% 5.83% 5.95% 5.91% 5.8%
Announcement Date 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
89.5 NOK
Average target price
106.3 NOK
Spread / Average Target
+18.81%
Consensus
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  4. Financials Austevoll Seafood ASA