XOSLBAKKA
Market cap3.22bUSD
Dec 20, Last price
629.50NOK
1D
-2.63%
1Q
6.24%
Jan 2017
83.90%
IPO
1,656.02%
Name
P/F Bakkafrost
Chart & Performance
Profile
P/F Bakkafrost, together with its subsidiaries, produces and sells salmon products under the Bakkafrost and Havsbrún brands in North America, Western Europe, Eastern Europe, Asia, and internationally. It operates through four segments: Farming FO; Farming SCT; Value Added Products; and Fishmeal, Oil and Fish Feed. The company is involved in the breeding and on-growing of salmon; harvesting, sale, and distribution of salmon; salmon farming, harvest, filleting, sales, and administration; and production of skinless and boneless portions of salmon. It also produces and sells fishmeal, fish oil, and fish feed. The company was founded in 1968 and is headquartered in Glyvrar, Denmark.
Valuation
Title DKK in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 7,140,849 0.15% | 7,129,967 28.38% | 5,553,849 19.39% | |||||||
Cost of revenue | 3,062,337 | 2,712,515 | 2,206,305 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 4,078,512 | 4,417,452 | 3,347,544 | |||||||
NOPBT Margin | 57.12% | 61.96% | 60.27% | |||||||
Operating Taxes | 193,135 | 346,005 | 173,626 | |||||||
Tax Rate | 4.74% | 7.83% | 5.19% | |||||||
NOPAT | 3,885,377 | 4,071,447 | 3,173,918 | |||||||
Net income | 955,574 -28.96% | 1,345,110 39.53% | 964,053 108.29% | |||||||
Dividends | (591,430) | (303,995) | (215,872) | |||||||
Dividend yield | 1.88% | 0.84% | 0.63% | |||||||
Proceeds from repurchase of equity | 53,966 | 12,797 | ||||||||
BB yield | -0.17% | -0.04% | ||||||||
Debt | ||||||||||
Debt current | 65,848 | 106,215 | 87,668 | |||||||
Long-term debt | 4,672,576 | 4,196,214 | 3,214,142 | |||||||
Deferred revenue | ||||||||||
Other long-term liabilities | 2 | 3,207 | ||||||||
Net debt | 4,038,049 | 3,348,617 | 2,643,428 | |||||||
Cash flow | ||||||||||
Cash from operating activities | 1,022,722 | 1,201,856 | 1,124,554 | |||||||
CAPEX | (1,062,091) | (1,235,680) | (1,115,680) | |||||||
Cash from investing activities | (1,043,846) | (1,254,597) | (1,112,239) | |||||||
Cash from financing activities | (286,805) | 263,187 | 29,903 | |||||||
FCF | 2,503,230 | 2,337,155 | 2,093,822 | |||||||
Balance | ||||||||||
Cash | 411,674 | 719,603 | 509,157 | |||||||
Long term investments | 288,701 | 234,209 | 149,225 | |||||||
Excess cash | 343,333 | 597,314 | 380,690 | |||||||
Stockholders' equity | 5,491,515 | 5,795,518 | 5,042,942 | |||||||
Invested Capital | 14,863,982 | 13,403,578 | 11,767,454 | |||||||
ROIC | 27.49% | 32.35% | 27.95% | |||||||
ROCE | 23.77% | 27.91% | 24.37% | |||||||
EV | ||||||||||
Common stock shares outstanding | 59,226 | 59,090 | 59,065 | |||||||
Price | 532.00 -13.64% | 616.00 5.55% | 583.60 -4.72% | |||||||
Market cap | 31,507,976 -13.44% | 36,399,555 5.60% | 34,470,329 -4.76% | |||||||
EV | 35,549,080 | 39,751,583 | 37,113,890 | |||||||
EBITDA | 4,078,512 | 4,954,932 | 3,877,940 | |||||||
EV/EBITDA | 8.72 | 8.02 | 9.57 | |||||||
Interest | 181,789 | 61,951 | 40,608 | |||||||
Interest/NOPBT | 4.46% | 1.40% | 1.21% |