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Mowi ASA

Consumer Defensive US MNHVF

18.28USD
-(-%)

Last update at 2024-12-18T20:00:00Z

Day Range

18.3518.35
LowHigh

52 Week Range

15.7119.18
LowHigh

Fundamentals

  • Previous Close 18.28
  • Market Cap8914.99M
  • Volume100
  • P/E Ratio19.37
  • Dividend Yield3.89%
  • EBITDA1161.00M
  • Revenue TTM5438.90M
  • Revenue Per Share TTM10.57
  • Gross Profit TTM 2684.70M
  • Diluted EPS TTM0.89

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 1000.90M 593.40M 120.60M 607.40M 732.20M
Minority interest -3.00000M -0.20000M 2.10M 0.40M 1.70M
Net income 782.40M 487.60M 117.50M 477.60M 566.60M
Selling general administrative 86.40M 86.60M 83.90M 74.30M 64.40M
Selling and marketing expenses 25.50M 24.70M 14.50M 11.10M 10.70M
Gross profit 2673.70M 2094.20M 1616.20M 1963.90M 2084.00M
Reconciled depreciation 386.60M 373.20M 338.10M 287.10M 153.40M
Ebit 1124.70M 737.40M 203.50M 617.00M 777.90M
Ebitda 1511.30M 1110.60M 541.60M 960.00M 931.30M
Depreciation and amortization 386.60M 373.20M 338.10M 343.00M 153.40M
Non operating income net other - - - - 0.00000M
Operating income 1124.70M 737.40M 203.50M 617.00M 925.40M
Other operating expenses 3815.00M 3514.50M 3530.10M 3479.80M 2858.20M
Interest expense 52.60M 59.10M 63.10M 70.20M 50.00M
Tax provision 215.50M 105.50M 1.40M 131.20M 165.00M
Interest income 2.00M 0.50M 0.70M 1.50M 3.00M
Net interest income -56.40000M -58.50000M -62.90000M -69.50000M -190.40000M
Extraordinary items - - - - 0.00000M
Non recurring - - - - 0.00000M
Other items - - - - 0.00000M
Income tax expense 215.50M 105.50M 1.40M 131.20M 165.00M
Total revenue 4907.30M 4165.90M 3732.20M 4074.20M 3749.80M
Total operating expenses 1581.40M 1442.80M 1414.10M 1369.50M 1192.40M
Cost of revenue 2233.60M 2071.70M 2116.00M 2110.30M 1665.80M
Total other income expense net -123.80000M -144.00000M -82.90000M -9.60000M -193.20000M
Discontinued operations - - - - 0.00000M
Net income from continuing ops 785.40M 487.90M 119.10M 476.30M 567.20M
Net income applicable to common shares 782.40M 487.60M 117.50M 477.60M 566.60M
Preferred stock and other adjustments - - - - 0.00000M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 7531.30M 6259.50M 5846.10M 5840.10M 5145.10M
Intangible assets 1224.10M 946.50M 897.00M 882.90M 807.70M
Earning assets - - - - -
Other current assets - 700.70M 657.80M 1522.40M 1559.30M
Total liab 3844.10M 3128.10M 3082.00M 2947.50M 2266.20M
Total stockholder equity 3507.50M 3129.00M 2762.00M 2892.20M 2877.20M
Deferred long term liab - - - - 0.00000M
Other current liab 666.30M 72.20M 25.90M 63.50M 77.30M
Common stock 404.80M 404.80M 404.80M 404.80M 404.00M
Capital stock 404.80M 404.80M 404.80M 404.80M 404.00M
Retained earnings - - - - 0.00000M
Other liab - 460.60M 417.10M 446.50M 424.60M
Good will 371.40M 321.20M 313.40M 317.90M 289.30M
Other assets -0.20000M -0.10000M -0.10000M 22.90M 24.10M
Cash 170.90M 94.90M 100.30M 117.50M 93.90M
Cash and equivalents - - - - -
Total current liabilities 1488.40M 972.90M 719.50M 776.30M 699.10M
Current deferred revenue - 325.20M 223.90M 288.90M 341.50M
Net debt 2229.40M 1782.50M 1998.40M 1734.30M 1048.70M
Short term debt 385.10M 182.70M 153.20M 127.10M 0.10M
Short long term debt 211.60M - - 0.00000M 0.10M
Short long term debt total 2400.30M 1877.40M 2098.70M 1851.80M 1142.60M
Other stockholder equity 3102.70M 2724.20M 2357.20M 2487.40M 2473.20M
Property plant equipment 2163.10M 2017.20M 1931.10M 1748.40M 1216.10M
Total current assets 3488.90M 2717.40M 2508.90M 2629.70M 2587.00M
Long term investments - - - 241.50M 221.00M
Net tangible assets 1912.10M 1861.50M 1551.60M 1691.50M 1780.30M
Short term investments 6.00M 8.20M - 0.20M 0.00000M
Net receivables 600.10M 582.40M 510.10M -853.40000M -911.00000M
Long term debt 1725.80M 1359.00M 1565.60M 1465.80M 1142.50M
Inventory 2516.40M 1913.60M 1750.80M 1843.00M 1844.80M
Accounts payable 437.00M 392.80M 316.50M 296.80M 280.20M
Total permanent equity - - - - 0.00000M
Noncontrolling interest in consolidated entity - - - - 0.00000M
Temporary equity redeemable noncontrolling interests - - - - 0.00000M
Accumulated other comprehensive income - - - - 0.00000M
Additional paid in capital - - - - 0.00000M
Common stock total equity - - - - 0.00000M
Preferred stock total equity - - - - 0.00000M
Retained earnings total equity - - - - 0.00000M
Treasury stock - - - - 0.00000M
Accumulated amortization - - - - 0.00000M
Non currrent assets other 6.90M 8.80M 0.90M 1.20M 0.90M
Deferred long term asset charges - - - - 0.00000M
Non current assets total 4042.60M 3542.20M 3337.30M 3210.40M 2558.10M
Capital lease obligations 462.90M 518.40M 533.10M 386.00M 0.00000M
Long term debt total - - - - 0.00000M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -469.40000M 106.50M 25.40M -22.20000M -224.10000M
Change to liabilities 0.00000M 0.00000M 0.00000M 0.00000M 0.00000M
Total cashflows from investing activities -469.40000M -133.70000M -283.40000M -308.30000M -563.70000M
Net borrowings 300.30M -402.30000M -46.40000M 192.40M 534.80M
Total cash from financing activities -99.90000M -706.60000M -238.10000M -428.20000M -22.00000M
Change to operating activities - - - -103.90000M -103.90000M
Net income 1000.90M 593.40M 120.60M 607.40M 732.20M
Change in cash 75.90M -5.40000M -17.20000M 23.50M 34.90M
Begin period cash flow 94.90M 100.30M 117.50M 94.00M 59.10M
End period cash flow 170.80M 94.90M 100.30M 117.50M 94.00M
Total cash from operating activities 644.80M 833.10M 502.70M 759.00M 620.90M
Issuance of capital stock - - - - -
Depreciation 386.60M 373.20M 338.10M 291.60M 164.40M
Other cashflows from investing activities - 107.90M 107.90M 107.90M 0.10M
Dividends paid -380.60000M -226.80000M -132.90000M -544.90000M 532.40M
Change to inventory -491.40000M -26.40000M -56.50000M -103.90000M -147.70000M
Change to account receivables - - - - 0.00000M
Sale purchase of stock - - - - -532.40000M
Other cashflows from financing activities 280.70M -270.20000M -15.70000M 116.70M 510.40M
Change to netincome - -1.30000M 103.60M 98.20M 48.60M
Capital expenditures 335.20M 244.70M 315.80M 292.70M 346.20M
Change receivables - - - - 0.00000M
Cash flows other operating - - - - 0.00000M
Exchange rate changes - - - - 0.00000M
Cash and cash equivalents changes - - - - 0.00000M
Change in working capital -491.40000M -26.40000M -56.50000M -103.90000M -147.70000M
Stock based compensation - - - - -
Other non cash items -251.30000M 266.10M 438.60M -36.10000M -128.00000M
Free cash flow 309.60M 588.40M 186.90M 466.30M 274.70M

Peer Comparison

Sector: Consumer Defensive Industry: Farm Products

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
MNHVF
Mowi ASA
- -% 18.28 19.37 9.03 1.64 2.33 2.08 8.19
ADM
Archer-Daniels-Midland Company
0.04 0.09% 49.90 14.60 10.52 0.28 1.12 0.40 8.49
TSN
Tyson Foods Inc
-0.14 0.24% 58.82 - 24.94 0.34 1.00 0.51 26.68
BG
Bunge Limited
-0.98 1.24% 78.15 10.84 10.76 0.22 1.16 0.29 5.96
MHGVY
Mowi ASA ADR
-0.18 1.04% 17.14 19.34 8.94 1.64 2.30 2.08 8.19

Reports Covered

Stock Research & News

Profile

Mowi ASA, a seafood company, produces and supplies farmed salmon products worldwide. It operates through three segments: Feed, Farming, and Sales and Marketing. The company is involved in the salmon feed production, salmon farming and primary processing, and seafood secondary processing activities. It offers whole gutted fish, including Label Rouge and organic salmon; and white fish and other seafood products, as well as fillets, steaks, cutlets, portions, loins, kebabs, and steak combos. The company also provides value added products, such as breaded, pre-fried, dusted, marinated, grilled, battered, topped, filled with sauce, delicatessen, fresh fish ready meal, and smoked fish products. It offers its products under the Mowi, Mowi Salmon, Donegal Silver, Admiral's, Pieters, Laschinger, Kritsen, Ducktrap River, Harbour Salmon Co., Rebel Fish, Supreme Salmon, Olav's, Northern Harvest, and Mowi Nutrition brand names. The company was formerly known as Marine Harvest ASA and changed its name to Mowi ASA in December 2018. Mowi ASA was founded in 1964 and is headquartered in Bergen, Norway.

Mowi ASA

Sandviksboder 77A/B, Bergen, Norway, 5035

Key Executives

Name Title Year Born
Mr. Ivan Vindheim Chief Exec. Officer 1971
Mr. Kristian Ellingsen Chief Financial Officer 1980
Ms. Catarina Martins Chief Sustainability Officer & CTO 1977
Mr. Ola Brattvoll Chief Operating Officer of Sales & Marketing 1968
Ms. Anne Lorgen Riise Chief Human Resource Officer 1971
Mr. Benjamin Hadfield Chief Operating Officer of Farming Scotland, Ireland & Faroes 1976
Mr. Oyvind Oaland Chief Operating Officer of Farming Norway 1970
Mr. Atle Kvist Chief Operating Officer of Feed 1963
Mr. Fernando Villarroel Chief Operating Officer of Farming Americas 1974
Kim Galtung Dosvig Head of Treasury & Investor Relations Officer NA

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