Financials Arctic Fish Holding

Equities

AFISH

NO0010917719

Fishing & Farming

Market Closed - Oslo Bors 15:45:00 10/05/2024 BST 5-day change 1st Jan Change
60 NOK 0.00% Intraday chart for Arctic Fish Holding +1.69% -5.51%

Valuation

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Capitalization 1 2,837 3,162 2,024 1,913 - -
Enterprise Value (EV) 1 3,153 3,892 2,024 3,224 3,189 2,936
P/E ratio 18.6 x 53.6 x -13.7 x 17.6 x 9.6 x 5.32 x
Yield - - - - - -
Capitalization / Revenue 4.76 x 5.4 x 1.97 x 2.07 x 1.52 x 1.24 x
EV / Revenue 5.29 x 6.64 x 1.97 x 3.49 x 2.54 x 1.9 x
EV / EBITDA 23.6 x 43.1 x 8.24 x 9.5 x 7.04 x 4.44 x
EV / FCF -16.2 x -11.1 x - 18.5 x 45.8 x 19.5 x
FCF Yield -6.19% -9.01% - 5.4% 2.18% 5.14%
Price to Book 2.91 x 3.06 x - 1.72 x 1.46 x 1.11 x
Nbr of stocks (in thousands) 31,877 31,877 31,877 31,877 - -
Reference price 2 89.00 99.20 63.50 60.00 60.00 60.00
Announcement Date 15/02/22 14/02/23 20/03/24 - - -
1NOK in Million2NOK
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 170.2 366.3 595.9 585.9 1,028 922.7 1,257 1,543
EBITDA 1 - - 133.4 90.29 245.7 339.3 452.7 660.9
EBIT 1 - - 86.94 35.86 167.6 240.9 356.6 567.2
Operating Margin - - 14.59% 6.12% 16.3% 26.11% 28.38% 36.75%
Earnings before Tax (EBT) 1 - - 130.6 74.44 -187.2 139 255 467
Net income 1 -50.26 -34.06 152.6 59.1 -148.9 104.5 199.3 359.6
Net margin -29.53% -9.3% 25.6% 10.09% -14.48% 11.32% 15.85% 23.3%
EPS 2 - - 4.790 1.850 -4.627 3.418 6.251 11.28
Free Cash Flow 1 - - -195.1 -350.5 - 174 69.6 150.8
FCF margin - - -32.74% -59.83% - 18.86% 5.54% 9.77%
FCF Conversion (EBITDA) - - - - - 51.28% 15.37% 22.82%
FCF Conversion (Net income) - - - - - 166.53% 34.93% 41.93%
Dividend per Share 2 - - - - - - - -
Announcement Date 19/02/21 04/03/21 15/02/22 14/02/23 20/03/24 - - -
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 1 161 166.3 282.5 87 116 100.3 417.6 22.84 355.3 219.3 282.8 128.9 257.8 257.8 292.9
EBITDA 1 38.86 40.47 -32.49 49.19 31.06 42.54 143.9 19.73 31.76 71.81 138.5 70.33 58.61 70.33 -
EBIT 1 26.9 27.53 -44.99 35.83 17.24 27.78 113.5 -3 8.741 48.28 113.9 46.89 35.17 46.89 -
Operating Margin 16.71% 16.56% -15.92% 41.19% 14.86% 27.68% 27.18% -13.14% 2.46% 22.01% 40.29% 36.38% 13.64% 18.19% -
Earnings before Tax (EBT) 1 -3.237 13.09 -15.36 46.9 -30.78 73.68 -33.8 -22.04 -242.9 19.57 86.14 - - - -
Net income 1 -3.237 35.08 -12.28 37.52 -24.62 58.49 -27.04 -17.64 -194.3 16.52 68.92 - - - -
Net margin -2.01% 21.1% -4.35% 43.12% -21.23% 58.3% -6.47% -77.23% -54.69% 7.53% 24.37% - - - -
EPS 2 -0.1000 1.100 -0.3900 1.180 -0.7700 1.830 - -0.5500 -6.107 0.5784 1.478 0.5860 0.2340 0.7030 -
Dividend per Share 2 - - - - - - - - - - - - - - -
Announcement Date 09/11/21 15/02/22 25/05/22 30/08/22 16/11/22 14/02/23 09/05/23 23/08/23 08/11/23 20/03/24 08/05/24 - - - -
1NOK in Million2NOK
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - 316 729 - 1,278 1,231 973
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) - - 2.369 x 8.078 x - 3.762 x 2.694 x 1.456 x
Free Cash Flow 1 - - -195 -351 - 174 69.6 151
ROE (net income / shareholders' equity) - - 21% 5.88% - 10.4% 19.7% 23.5%
ROA (Net income/ Total Assets) - - - 3.38% - - - -
Assets 1 - - - 1,750 - - - -
Book Value Per Share 2 - - 30.60 32.50 - 34.80 39.70 -
Cash Flow per Share - - - - - - - -
Capex 1 - - 161 447 - 93.7 234 129
Capex / Sales - - 26.99% 76.29% - 10.34% 18.64% 8.33%
Announcement Date 19/02/21 04/03/21 15/02/22 14/02/23 20/03/24 - - -
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
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
60 NOK
Average target price
81 NOK
Spread / Average Target
+35.00%
Consensus
  1. Stock Market
  2. Equities
  3. AFISH Stock
  4. Financials Arctic Fish Holding