Valuation Bakkafrost

Stocks

Real-time Oslo Bors 09:23:00 14/08/2026 BST			5-day change	1st Jan Change
477.00 ^NOK	-1.45%		+2.93%	-7.65%

08-11	Arctic raises its target price for Bakkafrost to 542 Norwegian kroner (534), reiterates buy - BN	FW
07-08	Handelsbanken cuts target price for Bakkafrost to 450 Norwegian kroner (491), reiterates hold - BN	FW

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	25,696	25,708	20,946	23,735	19,290	19,545	-	-
Change	-	0.05%	-18.52%	13.32%	-18.73%	1.32%	-	-
Enterprise Value (EV) ¹	27,822	28,372	24,479	26,735	23,187	23,461	23,254	23,020
Change	-	1.98%	-13.72%	9.22%	-13.27%	1.18%	-0.88%	-1.01%
P/E	26.7x	19.1x	21.9x	36.8x	37x	20.5x	13.6x	11.3x
PBR	2.75x	2.47x	1.93x	2.13x	1.75x	1.65x	1.53x	1.39x
PEG	-	0.5x	-0.8x	-1.1x	-2x	0.2x	0.3x	0.6x
Capitalization / Revenue	4.63x	3.61x	2.93x	3.17x	2.75x	2.33x	2.01x	1.82x
EV / Revenue	5.01x	3.98x	3.43x	3.57x	3.31x	2.8x	2.39x	2.14x
EV / EBITDA	20.6x	12.7x	11.2x	11.9x	13.9x	8.78x	6.92x	6.04x
EV / EBIT	33.9x	16.6x	15.9x	17.3x	26.1x	13.4x	9.56x	7.86x
EV / FCF	2,259x	-538x	-1,159x	19.9x	-410x	40.4x	19.9x	16.3x
FCF Yield	0.04%	-0.19%	-0.09%	5.01%	-0.24%	2.47%	5.03%	6.12%
Dividend per Share ²	5.14	10	8.7	8.44	3.45	8.669	12.02	14.19
Rate of return	1.18%	2.3%	2.46%	2.11%	1.06%	2.63%	3.64%	4.3%
EPS ²	16.32	22.75	16.15	10.88	8.83	16.11	24.26	29.16
Distribution rate	31.5%	44%	53.9%	77.6%	39.1%	53.8%	49.5%	48.7%
Net sales ¹	5,554	7,130	7,141	7,480	7,007	8,391	9,738	10,761
EBITDA ¹	1,352	2,243	2,181	2,254	1,673	2,672	3,361	3,812
EBIT ¹	821.2	1,705	1,544	1,550	888	1,749	2,434	2,927
Net income ¹	964.1	1,345	955.6	656.6	530.2	939	1,423	1,710
Net Debt ¹	2,126	2,664	3,533	3,000	3,897	3,916	3,709	3,474
Reference price ²	434.98	435.17	353.78	400.56	326.74	330.03	330.03	330.03
Nbr of stocks (in thousands)	59,074	59,075	59,206	59,253	59,038	59,223	-	-
Announcement Date	22/02/22	21/02/23	20/02/24	17/02/25	09/02/26	-	-	-

¹DKK in Million²DKK

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
BAKKAFROST	20.49x	2.8x	8.78x	2.63%	3.02B
AKVA GROUP ASA	23.61x	1.27x	9.51x	2.73%	528M
MÅSØVAL	73.98x	2.56x	11.36x	1.99%	486M
SALMONES CAMANCHACA S.A.	16.09x	1.11x	6.67x	3.11%	406M
ANDFJORD SALMON	-26.59x	17.5x	-509.69x	-	388M
Average	21.52x	5.05x	-94.67x	2.61%	964.65M
Weighted average by Cap.	22.06x	3.65x	-32.72x	2.61%