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SalMar ASA

SalMar ASA

SALM · OL · Consumer Defensive / Farm Products

587.50NOK+2.00 (+0.34%)

Price History

Full chart

Market Stats

Previous Close585.50
Open586.50
Day Range584.00 – 590.00
52-Week Range448.00 – 615.29
Volume137.93K
Market Cap78.89B
P/E (TTM)24.07
Forward P/E17.79
EPS24.20
Dividend Yield1.67%
Beta0.61
50-Day Avg566.76
200-Day Avg549.35

About

SalMar ASA, an aquaculture company, produces and sells farmed salmon in Norway, Asia, Europe, North America, and internationally. The company operates through Fish Farming Central Norway, Fish Farming Northern Norway, Icelandic Salmon, Sales & Industry, and SalMar Aker Ocean segments. It also engages in the broodstock, marine-phase farming, harvesting, processing, and smolt production activities. In addition, the company offers fish fillets and related products. SalMar ASA was incorporated in 1991 and is headquartered in Kverva, Norway.

Company Details

  • SectorConsumer Defensive
  • IndustryFarm Products
  • CEOMr. Frode Arntsen
  • Employees3.07K
  • HeadquartersIndustriveien 51, Kverva, Norway, 7266, Norway
  • Websitehttps://www.salmar.no

Leadership

  • Mr. Gustav Magnar WitzoeCo-Founder & Chairman · b. 1953
  • Mr. Frode ArntsenPresident & CEO · b. 1970
  • Mr. Ulrik SteinvikChief Financial Officer · b. 1974
  • Mr. Roger BekkenC.T.O. · b. 1967
  • Mr. Simon SobstadChief Operating Officer of Sales & Industry · b. 1982
  • Mr. Arthur WisniewskiDirector of Human Resource Management · b. 1978
  • Mr. Runar SivertsenChief Strategy Officer · b. 1985
  • Mr. Anders FjellheimCOO of Farming · b. 1974
  • Tonette BjørgårdHead of Accounting
  • Mr. Hakon HusbyHead of Investor Relations

Financials

Income Statement

Currency: NOK2003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue563.55M784.17M866.58M1.24B1.68B1.70B2.38B3.40B3.80B4.20B6.25B7.19B7.33B8.96B10.76B11.34B12.24B12.91B15.04B20.16B28.10B26.43B27.39B
Growth (%)-+39.15%+10.51%+43.17%+35.22%+1.58%+39.43%+43.08%+11.64%+10.78%+48.54%+15.05%+1.95%+22.34%+20.00%+5.46%+7.89%+5.51%+16.51%+34.00%+39.39%-5.95%+3.66%
Cost of Revenue408.43M449.02M429.51M520.55M788.90M818.17M1.14B2.01B2.04B2.15B2.67B3.49B3.70B3.25B5.96B3.90B6.21B6.32B6.49B9.60B11.50B19.45B14.00B
Gross Profit-335.15M437.07M720.12M888.78M886.07M1.24B1.39B1.75B2.05B3.58B3.69B3.63B5.71B4.79B7.44B6.03B6.59B8.55B10.56B16.60B12.68B13.40B
Gross Margin-42.74%50.44%58.04%52.98%51.99%52.16%40.78%46.21%48.76%57.26%51.39%49.54%63.70%44.54%65.63%49.28%51.06%56.84%52.38%59.08%48.00%48.90%
Operating Expense-212.39M186.60M209.07M383.16M581.60M659.25M232.74M1.15B1.41B1.63B2.05B2.19B2.62B2.00B3.14B3.00B3.77B5.10B7.01B8.09B7.39B10.25B
Operating Income73.78M122.76M250.47M511.05M505.63M304.47M580.13M1.15B601.34M638.86M1.95B1.65B1.44B3.09B2.79B4.31B3.03B2.83B3.45B3.54B8.51B5.29B3.15B
Operating Margin13.09%15.65%28.90%41.19%30.14%17.87%24.41%33.94%15.84%15.19%31.21%22.92%19.71%34.43%25.96%37.97%24.80%21.90%22.94%17.58%30.28%20.03%11.49%
EBITDA-156.30M367.85M628.15M547.43M349.86M675.99M1.26B293.27M947.76M2.72B2.03B1.80B3.50B3.38B4.90B3.93B3.47B4.29B5.86B9.95B7.22B5.10B
EBITDA Margin-19.93%42.45%50.63%32.63%20.53%28.45%36.97%7.73%22.54%43.48%28.27%24.62%39.04%31.44%43.18%32.09%26.86%28.52%29.08%35.42%27.31%18.63%
Net Income20.51M83.48M252.22M445.02M351.83M168.83M470.89M958.12M147.37M467.37M1.79B1.19B1.10B2.64B2.27B3.57B2.49B1.98B2.62B3.31B3.20B2.97B1.10B
Net Income Margin3.64%10.65%29.11%35.87%20.97%9.91%19.82%28.18%3.88%11.12%28.66%16.60%15.06%29.42%21.14%31.46%20.33%15.33%17.39%16.43%11.40%11.24%4.03%
R&D-----15.39M9.14M14.32M6.86M3.32M17.71M53.09M47.20M63.70M93.67M73.23M-------
R&D as % of Total Revenue-----0.90%0.38%0.42%0.18%0.08%0.28%0.74%0.64%0.71%0.87%0.65%-------
Interest Expense010.03M21.40M29.02M5.07M72.18M33.20M64.53M133.78M150.22M168.05M124.19M104.52M113.52M156.06M116.10M170.19M157.21M184.65M366.02M1.27B1.26B7.00M
Interest Expense % of Total Revenue0.00%1.28%2.47%2.34%0.30%4.24%1.40%1.90%3.52%3.57%2.69%1.73%1.43%1.27%1.45%1.02%1.39%1.22%1.23%1.82%4.51%4.76%0.03%

Balance Sheet

Currency: NOK2003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets953.09M1.04B1.20B2.27B2.89B3.07B3.55B5.83B6.32B7.63B9.93B10.12B10.94B13.40B12.93B15.14B17.99B22.00B28.09B62.50B53.33B54.43B57.95B
Total Liabilities806.32M829.15M796.07M1.38B1.57B1.75B1.85B3.36B4.10B4.66B4.87B4.99B5.72B6.72B5.26B6.00B8.25B11.01B12.60B38.35B30.25B34.19B37.80B
Total Equity145.12M206.06M406.95M884.52M1.32B1.31B1.70B2.35B2.09B2.83B4.72B5.08B5.15B6.60B7.58B9.05B9.01B9.85B13.23B19.36B19.90B17.93B17.75B
Cash3.90M8.14M2.96M6.95M47.81M23.54M148.42M107.06M47.62M35.22M1.03B128.56M223.59M206.59M107.02M152.35M143.22M79.91M780.85M154.63M785.27M518.00M759.00M
Total Debt-654.90M466.58M772.21M853.45M1.01B932.21M1.92B2.70B2.82B2.84B2.47B2.90B2.64B1.40B1.77B3.76B6.05B6.45B23.22B15.74B19.01B-
Net Debt-646.76M463.61M765.26M805.64M984.39M783.79M1.81B2.66B2.78B1.81B2.34B2.68B2.43B1.29B1.61B3.62B5.97B5.66B23.06B14.95B18.49B20.85B

Cash Flow

Currency: NOK2003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow49.76M142.47M182.27M245.40M255.25M213.22M513.61M508.77M294.87M186.79M1.11B1.65B1.62B2.72B3.37B2.78B3.03B3.18B2.91B4.22B9.29B5.38B3.26B
Investing Cash Flow--89.01M-73.18M-413.52M-342.90M-192.37M-201.38M-1.21B-501.88M-399.66M698.70M-1.03B-724.75M-1.23B-757.99M-833.81M-1.32B-3.75B-2.83B-2.63B1.77B-2.17B-2.01B
Financing Cash Flow--49.22M-114.26M172.10M128.49M-46.14M-186.66M662.36M147.65M221.29M-790.04M-1.52B-795.52M-1.49B-2.72B-1.89B-1.72B553.63M602.32M164.24M-12.99B-3.48B-992.00M
Capital Expenditure14.11M94.27M39.60M115.79M102.12M230.68M254.13M307.89M407.35M276.44M299.22M1.04B726.68M1.10B937.08M946.00M1.35B3.76B2.22B2.45B2.35B1.79B1.95B
Free Cash Flow-48.20M142.66M129.61M153.13M-17.46M259.48M200.88M-112.48M-89.65M806.73M606.95M895.62M1.63B2.44B1.84B1.68B-576.50M684.13M1.77B6.62B3.59B1.26B
Dividends Paid-----113.30M40.96M223.52M409.74M2.94M133.00K898.21M1.12B1.13B1.37B2.15B2.59B1.47B2.26B2.35B2.75B4.68B3.02B
FCF to OCF-33.83%78.27%52.81%59.99%-8.19%50.52%39.48%-38.15%-47.99%72.94%36.85%55.21%59.74%72.23%65.99%55.52%-18.14%23.52%41.86%71.26%66.73%38.53%
Dividend Paid to FCF------648.91%15.79%111.27%-364.28%-3.28%0.02%147.99%125.60%69.17%56.04%116.97%154.15%-254.97%330.54%133.18%41.48%130.38%240.76%

Earnings

Report DateAug 9, 2007Nov 1, 2007Feb 27, 2008Apr 29, 2008Aug 13, 2008Oct 31, 2008Feb 25, 2009May 6, 2009Aug 12, 2009Oct 30, 2009Feb 24, 2010May 5, 2010Aug 17, 2010Oct 29, 2010Feb 24, 2011May 25, 2011Aug 19, 2011Nov 9, 2011Feb 29, 2012May 25, 2012Aug 15, 2012Nov 6, 2012Feb 27, 2013May 29, 2013Aug 28, 2013Nov 13, 2013Feb 26, 2014May 22, 2014Aug 26, 2014Nov 18, 2014Feb 25, 2015May 20, 2015Aug 25, 2015Nov 12, 2015Feb 19, 2016May 11, 2016Aug 25, 2016Nov 16, 2016Feb 15, 2017May 10, 2017Aug 25, 2017Nov 15, 2017Feb 15, 2018May 15, 2018Aug 22, 2018Nov 9, 2018Feb 14, 2019May 22, 2019Aug 23, 2019Nov 13, 2019Feb 26, 2020May 19, 2020Aug 26, 2020Nov 12, 2020Feb 25, 2021May 12, 2021Aug 26, 2021Nov 17, 2021Feb 18, 2022May 12, 2022Aug 25, 2022Nov 9, 2022Feb 21, 2023May 10, 2023Aug 23, 2023Nov 9, 2023Feb 15, 2024May 14, 2024Aug 20, 2024Nov 17, 2024Feb 18, 2025May 20, 2025Aug 21, 2025Nov 6, 2025Feb 10, 2026May 20, 2026Aug 24, 2026Nov 2, 2026Feb 16, 2027
EPS Estimate0.600.84-0.560.530.65-0.630.941.341.21--2.402.902.301.751.270.210.160.330.530.661.371.942.712.282.512.602.173.032.271.912.382.703.084.404.604.394.466.424.804.845.306.595.296.806.426.974.175.516.955.223.353.153.525.795.746.828.447.478.197.464.555.267.008.227.246.593.715.193.740.931.808.625.435.505.728.54
EPS Actual0.910.511.500.380.360.591.550.870.391.681.282.751.502.083.312.380.640.880.260.170.390.381.052.044.482.342.773.332.043.973.392.311.582.893.554.225.095.714.865.147.015.525.965.266.616.4013.457.656.753.544.356.845.604.192.183.694.284.425.796.973.408.044.678.536.203.4613.8010.196.242.797.312.421.891.316.635.933.876.41-
Surprise51.67%-39.29%--32.14%-32.08%-9.23%-38.10%-58.51%25.37%5.79%---13.33%14.14%3.48%-63.43%-30.71%23.81%6.25%18.18%-28.30%59.09%48.91%130.93%-13.65%21.49%32.67%-21.54%82.95%11.88%1.76%-17.28%21.43%31.48%37.01%15.68%24.13%10.71%15.25%9.19%15.00%23.14%-0.75%0.30%20.98%97.79%19.16%-3.16%-15.11%-21.05%-1.58%7.28%25.07%-30.79%4.83%-26.08%-23.00%-15.10%-17.42%-54.48%-1.83%-37.40%87.47%17.87%-50.57%67.88%40.75%-5.31%-24.80%40.85%-35.29%103.23%-27.22%-23.09%9.21%-29.64%12.06%-
TimingPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-market--Pre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-market-After-hoursAfter-hours--After-hoursAfter-hours-Pre-marketAfter-hoursAfter-hours-After-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-market----Pre-market-Pre-market-Pre-market-After-hoursPre-market-After-hours---Pre-marketPre-marketPre-marketPre-market-After-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-market-Pre-market-After-hoursAfter-hoursAfter-hoursPre-market

Key Statistics & Ratios

Market Cap78.89B
Enterprise Value101.28B
Trailing P/E24.07
Forward P/E17.79
PEG Ratio1.30
Price / Sales2.56
Price / Book4.31
EPS24.20
Book Value138.65
Revenue (TTM)30.84B
Gross Profit (TTM)15.31B
EBITDA7.39B
Profit Margin10.63%
Operating Margin25.90%
Return on Equity16.59%
Return on Assets6.17%
Shares Outstanding135.44M
Shares Float70.30M
Beta0.61
Dividend Yield1.67%
Dividend Rate10.00
Payout Ratio43.78%

Dividends

20261×
10.00Jun 24, 2026
20251×
22.00Jun 19, 2025
20241×
35.00Jun 7, 2024
20231×
20.00Jun 9, 2023
20221×
20.00Jun 9, 2022
20211×
20.00Jun 9, 2021
20201×
13.00Dec 7, 2020
20191×
23.00Jun 6, 2019
20181×
19.00Jun 6, 2018
20171×
12.00Jun 7, 2017
20161×
10.00Jun 8, 2016
20151×
10.00Jun 3, 2015
20141×
8.00Jun 5, 2014
20111×
4.00Jun 3, 2011
20101×
2.20Jun 3, 2010
20091×
0.40May 29, 2009
20081×
1.10May 22, 2008