ICE FISH FARM |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 27.8 NOK | -4.14% |
|
-4.14% | +18.80% |
| May. 15 | Transcript : Ice Fish Farm AS, Q1 2024 Earnings Call, May 15, 2024 | |
| May. 15 | Ice Fish Farm AS Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
Valuation
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Capitalization 1 | 2,322 | 2,246 | 2,563 | 2,861 | 3,399 | - | - |
| Enterprise Value (EV) 1 | 2,322 | 2,730 | 3,504 | 4,150 | 5,035 | 4,711 | 4,088 |
| P/E ratio | - | 112 x | -51.9 x | 36 x | 15.2 x | 8.99 x | 5.36 x |
| Yield | - | - | - | - | - | 7.32% | 9.33% |
| Capitalization / Revenue | 8.19 x | 6.96 x | 3.83 x | 6.38 x | 1.95 x | 1.34 x | 1.12 x |
| EV / Revenue | 8.19 x | 8.46 x | 5.23 x | 9.25 x | 2.89 x | 1.86 x | 1.35 x |
| EV / EBITDA | - | 45.6 x | 28.4 x | 26 x | 12.2 x | 5.89 x | 3.93 x |
| EV / FCF | - | -9.68 x | -113 x | -5.97 x | 52.4 x | -59.6 x | 8.38 x |
| FCF Yield | - | -10.3% | -0.89% | -16.7% | 1.91% | -1.68% | 11.9% |
| Price to Book | - | 2 x | 1.13 x | 0.85 x | 0.95 x | 0.86 x | 0.76 x |
| Nbr of stocks (in thousands) | 54,000 | 54,000 | 91,525 | 122,261 | 122,261 | - | - |
| Reference price 2 | 43.00 | 41.60 | 28.00 | 23.40 | 27.80 | 27.80 | 27.80 |
| Announcement Date | 2/24/21 | 2/23/22 | 2/28/23 | 2/29/24 | - | - | - |
1NOK in Million2NOK
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | 283.5 | 322.8 | 669.5 | 448.7 | 1,742 | 2,532 | 3,027 |
| EBITDA 1 | - | 59.8 | 123.2 | 159.5 | 412.7 | 799.4 | 1,040 |
| EBIT 1 | - | 21.13 | -84.64 | 31.29 | 276.9 | 652.5 | 909.7 |
| Operating Margin | - | 6.55% | -12.64% | 6.97% | 15.9% | 25.78% | 30.06% |
| Earnings before Tax (EBT) 1 | - | 22.51 | -68.97 | 77.52 | 279 | 475.8 | 792.5 |
| Net income 1 | 38.2 | 19.94 | -40.63 | 72.41 | 223.2 | 377.9 | 634 |
| Net margin | 13.47% | 6.18% | -6.07% | 16.14% | 12.81% | 14.93% | 20.95% |
| EPS 2 | - | 0.3700 | -0.5400 | 0.6500 | 1.825 | 3.091 | 5.186 |
| Free Cash Flow 1 | - | -281.9 | -31.03 | -694.9 | 96 | -79 | 488 |
| FCF margin | - | -87.35% | -4.63% | -154.87% | 5.51% | -3.12% | 16.12% |
| FCF Conversion (EBITDA) | - | - | - | - | 23.26% | - | 46.93% |
| FCF Conversion (Net income) | - | - | - | - | 43.01% | - | 76.97% |
| Dividend per Share 2 | - | - | - | - | - | 2.034 | 2.593 |
| Announcement Date | 2/24/21 | 2/23/22 | 2/28/23 | 2/29/24 | - | - | - |
1NOK in Million2NOK
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 99.68 | 155.5 | 87.12 | 178.5 | 248.4 | 37.41 | 20.61 | 23.7 | 367 | 358.4 | 439.3 | 464.4 | 542.4 | - | - |
| EBITDA 1 | 12.9 | -0.906 | 36.96 | 42.98 | 44.17 | 31.42 | 7.881 | 35.49 | 84.69 | 62.04 | 159.2 | 100.7 | 163.9 | - | - |
| EBIT 1 | -1.001 | -12.89 | 18.12 | 13.57 | 12.88 | -14.21 | -23.58 | 3.515 | 51.7 | 28.24 | 123.6 | 64.25 | 126.6 | - | - |
| Operating Margin | -1% | -8.29% | 20.8% | 7.6% | 5.19% | -37.98% | -114.42% | 14.83% | 14.09% | 7.88% | 28.14% | 13.84% | 23.33% | - | - |
| Earnings before Tax (EBT) 1 | 25.97 | -19.82 | -144.3 | 110.5 | -15.34 | -6.73 | -24.06 | -14.48 | 122.8 | -0.104 | 93.45 | 32.98 | 93.26 | 211.4 | 199.8 |
| Net income 1 | 16.03 | -13.34 | -124.7 | 87.83 | 11.59 | -1.206 | -16.94 | -8.63 | 103.1 | -0.754 | 74.76 | 26.38 | 74.61 | 169.1 | 159.9 |
| Net margin | 16.08% | -8.58% | -143.09% | 49.21% | 4.67% | -3.22% | -82.21% | -36.41% | 28.1% | -0.21% | 17.02% | 5.68% | 13.76% | - | - |
| EPS 2 | 0.3000 | -0.2500 | -1.360 | 0.9600 | 0.1300 | -0.0100 | -0.1400 | -0.0700 | 0.8400 | -0.0100 | 0.6115 | 0.2158 | 0.6102 | 1.383 | 1.308 |
| Dividend per Share 2 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 2/23/22 | 5/25/22 | 9/28/22 | 11/16/22 | 2/28/23 | 5/24/23 | 8/29/23 | 11/16/23 | 2/29/24 | 5/15/24 | - | - | - | - | - |
1NOK in Million2NOK
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | 483 | 942 | 1,289 | 1,636 | 1,312 | 689 |
| Net Cash position 1 | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | 8.082 x | 7.644 x | 8.082 x | 3.964 x | 1.641 x | 0.6625 x |
| Free Cash Flow 1 | - | -282 | -31 | -695 | 96 | -79 | 488 |
| ROE (net income / shareholders' equity) | - | 0.81% | -3.51% | 2.58% | 6.45% | 13% | 14.9% |
| ROA (Net income/ Total Assets) | - | - | -2.21% | 1.66% | - | - | - |
| Assets 1 | - | - | 1,842 | 4,366 | - | - | - |
| Book Value Per Share 2 | - | 20.80 | 24.80 | 27.40 | 29.20 | 32.30 | 36.40 |
| Cash Flow per Share | - | - | - | - | - | - | - |
| Capex 1 | - | 311 | 143 | 234 | 290 | 257 | 140 |
| Capex / Sales | - | 96.49% | 21.4% | 52.16% | 16.65% | 10.15% | 4.63% |
| Announcement Date | 2/24/21 | 2/23/22 | 2/28/23 | 2/29/24 | - | - | - |
1NOK in Million2NOK
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
2
Last Close Price
27.8
NOK
Average target price
31.5
NOK
Spread / Average Target
+13.31%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +18.80% | 318M | |
| +15.06% | 3.42B | |
| -95.58% | 1.61B | |
| -1.43% | 1.58B | |
| -0.27% | 1.28B | |
| -2.79% | 1.26B | |
| -11.30% | 1.23B | |
| -.--% | 1.23B | |
| +6.79% | 1.22B | |
| 0.00% | 1.21B |
- Stock Market
- Equities
- IFISH Stock
- Financials Ice Fish Farm
