SALMAR ASA (SALM.OL) Fundamental Analysis & Valuation
OSL:SALM • NO0010310956
Current stock price
545.5 NOK
-16 (-2.85%)
Last:
This SALM.OL fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. SALM.OL Profitability Analysis
1.1 Basic Checks
- In the past year SALM was profitable.
- In the past year SALM had a positive cash flow from operations.
- In the past 5 years SALM has always been profitable.
- SALM had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- The Return On Assets of SALM (1.91%) is worse than 64.52% of its industry peers.
- The Return On Equity of SALM (6.23%) is comparable to the rest of the industry.
- The Return On Invested Capital of SALM (4.39%) is comparable to the rest of the industry.
- Measured over the past 3 years, the Average Return On Invested Capital for SALM is in line with the industry average of 7.10%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.91% | ||
| ROE | 6.23% | ||
| ROIC | 4.39% |
ROA(3y)4.46%
ROA(5y)5.6%
ROE(3y)12.96%
ROE(5y)15.15%
ROIC(3y)7.92%
ROIC(5y)8.29%
1.3 Margins
- SALM has a Profit Margin of 4.03%. This is comparable to the rest of the industry: SALM outperforms 51.61% of its industry peers.
- In the last couple of years the Profit Margin of SALM has declined.
- SALM has a better Operating Margin (11.15%) than 74.19% of its industry peers.
- SALM's Operating Margin has declined in the last couple of years.
- The Gross Margin of SALM (48.45%) is better than 72.58% of its industry peers.
- SALM's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.15% | ||
| PM (TTM) | 4.03% | ||
| GM | 48.45% |
OM growth 3Y-21%
OM growth 5Y-12.01%
PM growth 3Y-37.38%
PM growth 5Y-23.43%
GM growth 3Y-2.26%
GM growth 5Y-2.16%
2. SALM.OL Health Analysis
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), SALM is creating some value.
- Compared to 1 year ago, SALM has more shares outstanding
- The number of shares outstanding for SALM has been increased compared to 5 years ago.
- The debt/assets ratio for SALM is higher compared to a year ago.
2.2 Solvency
- An Altman-Z score of 2.11 indicates that SALM is not a great score, but indicates only limited risk for bankruptcy at the moment.
- With a Altman-Z score value of 2.11, SALM perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
- The Debt to FCF ratio of SALM is 17.79, which is on the high side as it means it would take SALM, 17.79 years of fcf income to pay off all of its debts.
- SALM's Debt to FCF ratio of 17.79 is in line compared to the rest of the industry. SALM outperforms 41.94% of its industry peers.
- SALM has a Debt/Equity ratio of 1.14. This is a high value indicating a heavy dependency on external financing.
- SALM's Debt to Equity ratio of 1.14 is on the low side compared to the rest of the industry. SALM is outperformed by 79.03% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.14 | ||
| Debt/FCF | 17.79 | ||
| Altman-Z | 2.11 |
ROIC/WACC0.57
WACC7.71%
2.3 Liquidity
- SALM has a Current Ratio of 2.05. This indicates that SALM is financially healthy and has no problem in meeting its short term obligations.
- With a decent Current ratio value of 2.05, SALM is doing good in the industry, outperforming 77.42% of the companies in the same industry.
- SALM has a Quick Ratio of 2.05. This is a bad value and indicates that SALM is not financially healthy enough and could expect problems in meeting its short term obligations.
- The Quick ratio of SALM (0.32) is worse than 95.16% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.05 | ||
| Quick Ratio | 0.32 |
3. SALM.OL Growth Analysis
3.1 Past
- The earnings per share for SALM have decreased strongly by -45.05% in the last year.
- The Earnings Per Share has been decreasing by -8.46% on average over the past years.
- The Revenue has been growing slightly by 3.66% in the past year.
- Measured over the past years, SALM shows a quite strong growth in Revenue. The Revenue has been growing by 16.23% on average per year.
EPS 1Y (TTM)-45.05%
EPS 3Y-20.87%
EPS 5Y-8.46%
EPS Q2Q%-9.03%
Revenue 1Y (TTM)3.66%
Revenue growth 3Y10.76%
Revenue growth 5Y16.23%
Sales Q2Q%3.81%
3.2 Future
- SALM is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 55.64% yearly.
- The Revenue is expected to grow by 6.57% on average over the next years.
EPS Next Y171.38%
EPS Next 2Y87.61%
EPS Next 3Y55.64%
EPS Next 5YN/A
Revenue Next Year11.45%
Revenue Next 2Y11.35%
Revenue Next 3Y10.2%
Revenue Next 5Y6.57%
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- 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. SALM.OL Valuation Analysis
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 44.49, SALM can be considered very expensive at the moment.
- Compared to the rest of the industry, the Price/Earnings ratio of SALM indicates a slightly more expensive valuation: SALM is more expensive than 69.35% of the companies listed in the same industry.
- SALM's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 27.71.
- The Price/Forward Earnings ratio is 16.40, which indicates a correct valuation of SALM.
- The rest of the industry has a similar Price/Forward Earnings ratio as SALM.
- The average S&P500 Price/Forward Earnings ratio is at 38.09. SALM is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 44.49 | ||
| Fwd PE | 16.4 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, SALM is valued a bit more expensive than the industry average as 70.97% of the companies are valued more cheaply.
- SALM's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 56.47 | ||
| EV/EBITDA | 19.71 |
4.3 Compensation for Growth
- SALM's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- SALM's earnings are expected to grow with 55.64% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.26
PEG (5Y)N/A
EPS Next 2Y87.61%
EPS Next 3Y55.64%
5. SALM.OL Dividend Analysis
5.1 Amount
- SALM has a Yearly Dividend Yield of 1.80%.
- SALM's Dividend Yield is comparable with the industry average which is at 2.37.
- SALM's Dividend Yield is comparable with the S&P500 average which is at 1.81.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.8% |
5.2 History
- The dividend of SALM is nicely growing with an annual growth rate of 11.36%!
Dividend Growth(5Y)11.36%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- 273.67% of the earnings are spent on dividend by SALM. This is not a sustainable payout ratio.
- SALM's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP273.67%
EPS Next 2Y87.61%
EPS Next 3Y55.64%
SALM.OL Fundamentals: All Metrics, Ratios and Statistics
OSL:SALM (4/21/2026, 7:00:00 PM)
545.5
-16 (-2.85%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)02-10 2026-02-10/bmo
Earnings (Next)05-20 2026-05-20
Inst Owners76.48%
Inst Owner ChangeN/A
Ins Owners0.06%
Ins Owner ChangeN/A
Market Cap73.97B
Revenue(TTM)27.39B
Net Income(TTM)1.10B
Analysts75.79
Price Target626 (14.76%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.8% |
Yearly Dividend22.63
Dividend Growth(5Y)11.36%
DP273.67%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-34.15%
Min EPS beat(2)-47.87%
Max EPS beat(2)-20.42%
EPS beat(4)1
Avg EPS beat(4)-2.4%
Min EPS beat(4)-47.87%
Max EPS beat(4)104.75%
EPS beat(8)2
Avg EPS beat(8)-6.89%
EPS beat(12)3
Avg EPS beat(12)-19.79%
EPS beat(16)3
Avg EPS beat(16)-20.66%
Revenue beat(2)0
Avg Revenue beat(2)-11.27%
Min Revenue beat(2)-11.42%
Max Revenue beat(2)-11.12%
Revenue beat(4)2
Avg Revenue beat(4)-5.38%
Min Revenue beat(4)-11.42%
Max Revenue beat(4)0.87%
Revenue beat(8)3
Avg Revenue beat(8)-3.35%
Revenue beat(12)5
Avg Revenue beat(12)-2.02%
Revenue beat(16)8
Avg Revenue beat(16)-0.85%
PT rev (1m)-0.3%
PT rev (3m)0.84%
EPS NQ rev (1m)0.55%
EPS NQ rev (3m)-35.44%
EPS NY rev (1m)-2.38%
EPS NY rev (3m)-7.32%
Revenue NQ rev (1m)1.86%
Revenue NQ rev (3m)-8.66%
Revenue NY rev (1m)-1.82%
Revenue NY rev (3m)-4.36%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 44.49 | ||
| Fwd PE | 16.4 | ||
| P/S | 2.7 | ||
| P/FCF | 56.47 | ||
| P/OCF | 22.69 | ||
| P/B | 4.17 | ||
| P/tB | N/A | ||
| EV/EBITDA | 19.71 |
EPS(TTM)12.26
EY2.25%
EPS(NY)33.27
Fwd EY6.1%
FCF(TTM)9.66
FCFY1.77%
OCF(TTM)24.04
OCFY4.41%
SpS202.02
BVpS130.86
TBVpS-35
PEG (NY)0.26
PEG (5Y)N/A
Graham Number189.996 (-65.17%)
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.91% | ||
| ROE | 6.23% | ||
| ROCE | 6.26% | ||
| ROIC | 4.39% | ||
| ROICexc | 4.46% | ||
| ROICexgc | 8.38% | ||
| OM | 11.15% | ||
| PM (TTM) | 4.03% | ||
| GM | 48.45% | ||
| FCFM | 4.78% |
ROA(3y)4.46%
ROA(5y)5.6%
ROE(3y)12.96%
ROE(5y)15.15%
ROIC(3y)7.92%
ROIC(5y)8.29%
ROICexc(3y)8.05%
ROICexc(5y)8.54%
ROICexgc(3y)14.27%
ROICexgc(5y)14.75%
ROCE(3y)11.57%
ROCE(5y)11.99%
ROICexgc growth 3Y-16.19%
ROICexgc growth 5Y-16.41%
ROICexc growth 3Y-17.13%
ROICexc growth 5Y-17.7%
OM growth 3Y-21%
OM growth 5Y-12.01%
PM growth 3Y-37.38%
PM growth 5Y-23.43%
GM growth 3Y-2.26%
GM growth 5Y-2.16%
F-Score5
Asset Turnover0.47
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.14 | ||
| Debt/FCF | 17.79 | ||
| Debt/EBITDA | 4.05 | ||
| Cap/Depr | 99.8% | ||
| Cap/Sales | 7.12% | ||
| Interest Coverage | 2.15 | ||
| Cash Conversion | 65.1% | ||
| Profit Quality | 118.55% | ||
| Current Ratio | 2.05 | ||
| Quick Ratio | 0.32 | ||
| Altman-Z | 2.11 |
F-Score5
WACC7.71%
ROIC/WACC0.57
Cap/Depr(3y)136.19%
Cap/Depr(5y)184.17%
Cap/Sales(3y)8.41%
Cap/Sales(5y)10.44%
Profit Quality(3y)143.19%
Profit Quality(5y)104.05%
High Growth Momentum
Growth
EPS 1Y (TTM)-45.05%
EPS 3Y-20.87%
EPS 5Y-8.46%
EPS Q2Q%-9.03%
EPS Next Y171.38%
EPS Next 2Y87.61%
EPS Next 3Y55.64%
EPS Next 5YN/A
Revenue 1Y (TTM)3.66%
Revenue growth 3Y10.76%
Revenue growth 5Y16.23%
Sales Q2Q%3.81%
Revenue Next Year11.45%
Revenue Next 2Y11.35%
Revenue Next 3Y10.2%
Revenue Next 5Y6.57%
EBIT growth 1Y-41.72%
EBIT growth 3Y-12.5%
EBIT growth 5Y2.27%
EBIT Next Year158.3%
EBIT Next 3Y48.76%
EBIT Next 5YN/A
FCF growth 1Y-53.2%
FCF growth 3Y-15.05%
FCF growth 5YN/A
OCF growth 1Y-39.42%
OCF growth 3Y-10.79%
OCF growth 5Y0.51%
SALMAR ASA / SALM.OL Fundamental Analysis FAQ
Can you provide the ChartMill fundamental rating for SALMAR ASA?
ChartMill assigns a fundamental rating of 4 / 10 to SALM.OL.
Can you provide the valuation status for SALMAR ASA?
ChartMill assigns a valuation rating of 4 / 10 to SALMAR ASA (SALM.OL). This can be considered as Fairly Valued.
What is the profitability of SALM stock?
SALMAR ASA (SALM.OL) has a profitability rating of 4 / 10.
What are the PE and PB ratios of SALMAR ASA (SALM.OL) stock?
The Price/Earnings (PE) ratio for SALMAR ASA (SALM.OL) is 44.49 and the Price/Book (PB) ratio is 4.17.
How financially healthy is SALMAR ASA?
The financial health rating of SALMAR ASA (SALM.OL) is 3 / 10.