Animal FeedAquacultureFarmingFood and BeverageFood ProcessingSales
Description
SalMar ASA is a leading global aquaculture company specializing in the production of farmed salmon. It operates with a vertically integrated business model, overseeing the entire value chain from fish hatcheries to processing and sales. The company c…
Analysis
Quality compounder
SalMar ASA earns the quality_compounder label: good underlying economics priced fairly, with no obvious bargain or excess.
On valuation, the picture is expensive. The owner-earnings multiple stands at 38.6×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around 15% a year, against analyst forecasts of 20%. 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.
No flags apply to this company at this time: accounts, balance sheet, and cash quality all pass. A clean bill of health is meaningful, not just the absence of a warning. This analysis describes numbers; it is not investment advice.
360° rank · history
1007550250
Jan 202324
12
2023202420252026
All-time high
67
Mar 2024
All-time low
8
Nov 2025
Average rank
27
across all years
Detailed & Historical Ranks
Deep dive into 15 detailed ranks and 3 years of history.
Current202520242023
Price/Sales
12
7
9
7
Price/Earnings
39
36
33
23
Price/Book
24
10
10
9
Dividend Yield
1
73
92
69
Value (overall)
6
14
19
23
Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.