SALMAR ASA (SALM.OL) Fundamental Analysis & Valuation
OSL:SALM • NO0010310956
Current stock price
561.5 NOK
-0.5 (-0.09%)
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.
- SALM had a positive operating cash flow in the past year.
- In the past 5 years SALM has always been profitable.
- Each year in the past 5 years SALM had a positive operating cash flow.
1.2 Ratios
- SALM's Return On Assets of 1.91% is on the low side compared to the rest of the industry. SALM is outperformed by 64.52% of its industry peers.
- SALM has a Return On Equity (6.23%) which 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 (4.03%) which is in line with its industry peers.
- In the last couple of years the Profit Margin of SALM has declined.
- Looking at the Operating Margin, with a value of 11.15%, SALM is in the better half of the industry, outperforming 74.19% of the companies in the same industry.
- SALM's Operating Margin has declined in the last couple of years.
- Looking at the Gross Margin, with a value of 48.45%, SALM is in the better half of the industry, outperforming 72.58% of the companies in the same industry.
- In the last couple of years the Gross Margin of SALM has declined.
| 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
- The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so SALM is still creating some value.
- The number of shares outstanding for SALM has been increased compared to 1 year ago.
- SALM has more shares outstanding than it did 5 years ago.
- SALM has a worse debt/assets ratio than last year.
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.
- SALM's Altman-Z score of 2.11 is in line compared to the rest of the industry. SALM outperforms 50.00% of its industry peers.
- SALM has a debt to FCF ratio of 17.79. This is a negative value and a sign of low solvency as SALM would need 17.79 years to pay back of all of its debts.
- SALM has a Debt to FCF ratio (17.79) which is comparable to the rest of the industry.
- A Debt/Equity ratio of 1.14 is on the high side and indicates that SALM has dependencies on debt financing.
- Looking at the Debt to Equity ratio, with a value of 1.14, SALM is doing worse than 79.03% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.14 | ||
| Debt/FCF | 17.79 | ||
| Altman-Z | 2.11 |
ROIC/WACC0.57
WACC7.73%
2.3 Liquidity
- A Current Ratio of 2.05 indicates that SALM has no problem at all paying its short term obligations.
- SALM has a Current ratio of 2.05. This is in the better half of the industry: SALM outperforms 77.42% of its industry peers.
- 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.
- SALM's Quick ratio of 0.32 is on the low side compared to the rest of the industry. SALM is outperformed by 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
- SALM shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -45.05%.
- Measured over the past years, SALM shows a decrease in Earnings Per Share. The EPS has been decreasing by -8.46% on average per year.
- The Revenue has been growing slightly by 3.66% in the past year.
- The Revenue has been growing by 16.23% on average over the past years. This is quite good.
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.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. SALM.OL Valuation Analysis
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 45.80, SALM can be considered very expensive at the moment.
- Based on the Price/Earnings ratio, SALM is valued a bit more expensive than the industry average as 69.35% of the companies are valued more cheaply.
- SALM is valuated expensively when we compare the Price/Earnings ratio to 27.95, which is the current average of the S&P500 Index.
- SALM is valuated correctly with a Price/Forward Earnings ratio of 16.88.
- SALM's Price/Forward Earnings ratio is in line with the industry average.
- When comparing the Price/Forward Earnings ratio of SALM to the average of the S&P500 Index (38.68), we can say SALM is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 45.8 | ||
| Fwd PE | 16.88 |
4.2 Price Multiples
- SALM's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. SALM is more expensive than 70.97% of the companies in the same industry.
- The rest of the industry has a similar Price/Free Cash Flow ratio as SALM.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 58.12 | ||
| EV/EBITDA | 19.72 |
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)0.27
PEG (5Y)N/A
EPS Next 2Y87.61%
EPS Next 3Y55.64%
5. SALM.OL Dividend Analysis
5.1 Amount
- With a Yearly Dividend Yield of 1.80%, SALM has a reasonable but not impressive dividend return.
- 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.
- The dividend of SALM is growing, but earnings are growing more, so the dividend growth is sustainable.
DP273.67%
EPS Next 2Y87.61%
EPS Next 3Y55.64%
SALM.OL Fundamentals: All Metrics, Ratios and Statistics
OSL:SALM (4/20/2026, 4:26:15 PM)
561.5
-0.5 (-0.09%)
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 Cap76.14B
Revenue(TTM)27.39B
Net Income(TTM)1.10B
Analysts75.79
Price Target626 (11.49%)
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 | 45.8 | ||
| Fwd PE | 16.88 | ||
| P/S | 2.78 | ||
| P/FCF | 58.12 | ||
| P/OCF | 23.36 | ||
| P/B | 4.29 | ||
| P/tB | N/A | ||
| EV/EBITDA | 19.72 |
EPS(TTM)12.26
EY2.18%
EPS(NY)33.27
Fwd EY5.93%
FCF(TTM)9.66
FCFY1.72%
OCF(TTM)24.04
OCFY4.28%
SpS202.02
BVpS130.86
TBVpS-35
PEG (NY)0.27
PEG (5Y)N/A
Graham Number189.996 (-66.16%)
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
WACC7.73%
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 45.8 and the Price/Book (PB) ratio is 4.29.
How financially healthy is SALMAR ASA?
The financial health rating of SALMAR ASA (SALM.OL) is 3 / 10.