Company Valuation: Leroy Seafood

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 36,062 41,064 32,840 24,915 29,274 30,518 30,518 -
Change - 13.87% -20.03% -24.13% 17.5% 4.25% 0% -
Enterprise Value (EV) 1 39,583 45,693 37,187 30,124 36,979 38,803 37,636 36,512
Change - 15.44% -18.62% -18.99% 22.76% 4.93% -3.01% -2.99%
P/E ratio 45.5x 15.6x 11.3x 91x 10.9x 83.2x 12.4x 10.4x
PBR 2.15x 2.26x 1.58x 1.33x 1.46x 1.56x 1.48x 1.39x
PEG - 0x 1.1x -1x 0x -1x 0x 0.5x
Capitalization / Revenue 1.81x 1.78x 1.23x 0.81x 0.94x 0.88x 0.87x 0.83x
EV / Revenue 1.98x 1.98x 1.4x 0.98x 1.19x 1.17x 1.07x 0.99x
EV / EBITDA 12.7x 12.1x 8.23x 6.24x 8.02x 9.21x 5.96x 5.29x
EV / EBIT 20.3x 18.1x 11.6x 9.71x 12.5x 16.3x 8.65x 7.51x
EV / FCF 39.1x 24.1x 27.2x 14.3x 91.1x 29.3x 11.2x 13.1x
FCF Yield 2.56% 4.15% 3.68% 7% 1.1% 3.41% 8.94% 7.63%
Dividend per Share 2 1.5 2 2.5 2.5 2.5 2.333 2.743 3.032
Rate of return 2.48% 2.9% 4.53% 5.98% 5.09% 4.55% 5.35% 5.92%
EPS 2 1.33 4.42 4.88 0.46 4.49 0.61 4.119 4.912
Distribution rate 113% 45.2% 51.2% 543% 55.7% 254% 66.6% 61.7%
Net sales 1 19,960 23,073 26,646 30,870 31,125 34,364 35,251 36,963
EBITDA 1 3,109 3,778 4,521 4,831 4,612 4,409 6,315 6,902
EBIT 1 1,950 2,519 3,195 3,102 2,960 2,502 4,353 4,863
Net income 1 794.3 2,632 2,904 272.5 2,673 366 2,453 2,988
Net Debt 1 3,521 4,629 4,346 5,209 7,705 8,285 7,118 5,993
Reference price 2 60.56 68.96 55.15 41.84 49.16 51.25 51.25 51.25
Nbr of stocks (in thousands) 595,476 595,476 595,476 595,476 595,476 595,476 595,476 -
Announcement Date 18/02/21 17/02/22 21/02/23 28/02/24 28/02/25 24/02/26 - -
1NOK in Million2NOK
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
55.87x1.17x9.21x4.55% 3.18B
34.47x2.33x11.9x2.76% 12.26B
16.49x0.7x10.12x2.01% 2.75B
28.19x0.76x5.32x5.97% 2.18B
9.71x0.73x8.17x6.17% 1.32B
Average 28.94x 1.14x 8.94x 4.29% 4.34B
Weighted average by Cap. 33.18x 1.70x 10.39x 3.46%

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

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