BAKKAFROST P/F (BAKKA.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:BAKKA - FO0000000179 - Common Stock
447.2 NOK
+4.4 (+0.99%)
We assign a fundamental rating of 4 out of 10 to BAKKA. BAKKA was compared to 62 industry peers in the Food Products industry. Both the profitability and the financial health of BAKKA get a neutral evaluation. Nothing too spectacular is happening here. While showing a medium growth rate, BAKKA is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
- In the past year BAKKA was profitable.
- BAKKA had a positive operating cash flow in the past year.
- In the past 5 years BAKKA has always been profitable.
- Each year in the past 5 years BAKKA had a positive operating cash flow.
1.2 Ratios
- BAKKA has a Return On Assets of 2.29%. This is comparable to the rest of the industry: BAKKA outperforms 43.55% of its industry peers.
- BAKKA has a Return On Equity (4.00%) which is comparable to the rest of the industry.
- BAKKA has a Return On Invested Capital (3.33%) which is comparable to the rest of the industry.
- Measured over the past 3 years, the Average Return On Invested Capital for BAKKA is in line with the industry average of 7.38%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.29% | ||
| ROE | 4% | ||
| ROIC | 3.33% |
ROA(3y)5.68%
ROA(5y)5.43%
ROE(3y)9.21%
ROE(5y)8.65%
ROIC(3y)6.71%
ROIC(5y)5.53%
1.3 Margins
- BAKKA has a Profit Margin of 6.45%. This is in the better half of the industry: BAKKA outperforms 70.97% of its industry peers.
- In the last couple of years the Profit Margin of BAKKA has declined.
- The Operating Margin of BAKKA (11.29%) is better than 70.97% of its industry peers.
- BAKKA's Operating Margin has declined in the last couple of years.
- Looking at the Gross Margin, with a value of 70.51%, BAKKA belongs to the top of the industry, outperforming 96.77% of the companies in the same industry.
- In the last couple of years the Gross Margin of BAKKA has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.29% | ||
| PM (TTM) | 6.45% | ||
| GM | 70.51% |
OM growth 3Y13.95%
OM growth 5Y-7.81%
PM growth 3Y-19.8%
PM growth 5Y-13%
GM growth 3Y1.78%
GM growth 5Y0.18%
2. Health
2.1 Basic Checks
- BAKKA has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- BAKKA has about the same amout of shares outstanding than it did 1 year ago.
- Compared to 5 years ago, BAKKA has more shares outstanding
- The debt/assets ratio for BAKKA has been reduced compared to a year ago.
2.2 Solvency
- An Altman-Z score of 2.54 indicates that BAKKA is not a great score, but indicates only limited risk for bankruptcy at the moment.
- BAKKA's Altman-Z score of 2.54 is fine compared to the rest of the industry. BAKKA outperforms 64.52% of its industry peers.
- A Debt/Equity ratio of 0.49 indicates that BAKKA is not too dependend on debt financing.
- BAKKA has a Debt to Equity ratio of 0.49. This is in the better half of the industry: BAKKA outperforms 61.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.49 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.54 |
ROIC/WACC0.4
WACC8.23%
2.3 Liquidity
- BAKKA has a Current Ratio of 5.92. This indicates that BAKKA is financially healthy and has no problem in meeting its short term obligations.
- BAKKA has a better Current ratio (5.92) than 96.77% of its industry peers.
- BAKKA has a Quick Ratio of 1.50. This is a normal value and indicates that BAKKA is financially healthy and should not expect problems in meeting its short term obligations.
- Looking at the Quick ratio, with a value of 1.50, BAKKA belongs to the top of the industry, outperforming 85.48% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 5.92 | ||
| Quick Ratio | 1.5 |
3. Growth
3.1 Past
- BAKKA shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -50.91%.
- BAKKA shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -1.36% yearly.
- BAKKA shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -14.37%.
- Measured over the past years, BAKKA shows a quite strong growth in Revenue. The Revenue has been growing by 10.21% on average per year.
EPS 1Y (TTM)-50.91%
EPS 3Y21.53%
EPS 5Y-1.36%
EPS Q2Q%-100%
Revenue 1Y (TTM)-14.37%
Revenue growth 3Y9.71%
Revenue growth 5Y10.21%
Sales Q2Q%-2.9%
3.2 Future
- BAKKA is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 14.05% yearly.
- The Revenue is expected to grow by 5.92% on average over the next years.
EPS Next Y-48.66%
EPS Next 2Y7.66%
EPS Next 3Y14.05%
EPS Next 5YN/A
Revenue Next Year-9.04%
Revenue Next 2Y5.69%
Revenue Next 3Y5.92%
Revenue Next 5YN/A
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 33.42, the valuation of BAKKA can be described as expensive.
- Based on the Price/Earnings ratio, BAKKA is valued a bit more expensive than the industry average as 64.52% of the companies are valued more cheaply.
- BAKKA's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 27.25.
- The Price/Forward Earnings ratio is 13.53, which indicates a correct valuation of BAKKA.
- The rest of the industry has a similar Price/Forward Earnings ratio as BAKKA.
- The average S&P500 Price/Forward Earnings ratio is at 25.98. BAKKA is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.42 | ||
| Fwd PE | 13.53 |
4.2 Price Multiples
- BAKKA's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. BAKKA is more expensive than 64.52% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 14.62 |
4.3 Compensation for Growth
- A more expensive valuation may be justified as BAKKA's earnings are expected to grow with 14.05% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y7.66%
EPS Next 3Y14.05%
5. Dividend
5.1 Amount
- BAKKA has a Yearly Dividend Yield of 2.92%.
- BAKKA's Dividend Yield is a higher than the industry average which is at 2.38.
- Compared to an average S&P500 Dividend Yield of 1.82, BAKKA pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.92% |
5.2 History
- The dividend of BAKKA has a limited annual growth rate of 3.15%.
Dividend Growth(5Y)3.15%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- BAKKA pays out 119.64% of its income as dividend. This is not a sustainable payout ratio.
- BAKKA's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP119.64%
EPS Next 2Y7.66%
EPS Next 3Y14.05%
BAKKAFROST P/F / BAKKA.OL FAQ
What is the fundamental rating for BAKKA stock?
ChartMill assigns a fundamental rating of 4 / 10 to BAKKA.OL.
Can you provide the valuation status for BAKKAFROST P/F?
ChartMill assigns a valuation rating of 1 / 10 to BAKKAFROST P/F (BAKKA.OL). This can be considered as Overvalued.
How profitable is BAKKAFROST P/F (BAKKA.OL) stock?
BAKKAFROST P/F (BAKKA.OL) has a profitability rating of 5 / 10.
What is the expected EPS growth for BAKKAFROST P/F (BAKKA.OL) stock?
The Earnings per Share (EPS) of BAKKAFROST P/F (BAKKA.OL) is expected to decline by -48.66% in the next year.
How sustainable is the dividend of BAKKAFROST P/F (BAKKA.OL) stock?
The dividend rating of BAKKAFROST P/F (BAKKA.OL) is 5 / 10 and the dividend payout ratio is 119.64%.