Obermatt

Mowi

OSL:MOWI · NO0003054108
Food ProductsX-Large

360

90
EV / EBIT69
Price / Owner Earnings66
Owner Earnings Yield78
Dividend Yield85
Price/Sales36
EV / Gross Profit64
Price/Book41
Return on Capital55
Cash Return on Capital65
Return on Equity79
EBIT Margin72
Gross Profitability49
Cash Conversion15
Accruals5
Owner Earnings Margin86
Sales growth96
Profit Growth89
Long-Term EPS Growth91
Owner Earnings Growth98
Reinvestment44
Price momentum49
Debt load36
Refinancing72
Debt Payback36
Liquidity53
Analyst ratings72
Opinion Changes79
Price Target Upside82
Market mood53
Value Creation14/20strong value creator
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Mowi generates returns well above its cost of capital, the foundation of durable shareholder value.

Profile

CountryNorway
IndustryFood Products
SizeX-Large
TypePublic Company
ExchangeOB
Founded1995
Employees1,630
Websitemowi.com
ISINNO0003054108
Last UpdateApr 2, 2026
Themes
Animal FeedPackaging ServicesAquacultureFarmingFast-Moving Consumer GoodsFood and BeverageMarketingSales

Description

Mowi ASA, engages in the farms, produces, and supplies Atlantic salmon products. Business Segments The company operates through several key business segments that are crucial to its overall strategy and revenue generation. The primary segments inc…

Analysis

Middle-of-the-road

Mowi ASA sits in the middle of our grid: average quality, average price, no obvious signal in either direction. Worth noting: the cash the business generates has lagged behind what the income statement shows.

On valuation, the picture is attractive. The owner-earnings multiple stands at 13.6×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around 1% a year, against analyst forecasts of 17%. The price, in other words, assumes less than the experts do.

Growth is solid and accelerating; the safety picture is stretched. The company scores 14/20 on our value-creation score: strong value creator. Analysts lean positive.

Flags to be aware of: Some accounting patterns deserve a closer look. Some accounting patterns deserve a closer look. Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
94
2023202420252026

All-time high

94

Jun 2026

All-time low

18

Jan 2026

Average rank

63

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
36
21
18
16
Price/Earnings
57
63
61
31
Price/Book
41
37
34
22
Dividend Yield
85
77
87
81
Value (overall)
63
41
69
52

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →