MOWI ASA (MOWI.OL) Stock Fundamental Analysis
OSL:MOWI - Euronext Oslo - NO0003054108 - Common Stock - Currency: NOK
We assign a fundamental rating of 5 out of 10 to MOWI. MOWI was compared to 57 industry peers in the Food Products industry. MOWI has an average financial health and profitability rating. MOWI scores decently on growth, while it is valued quite cheap. This could make an interesting combination. This makes MOWI very considerable for value investing!
1. Profitability
1.1 Basic Checks
In the past year MOWI was profitable.
In the past year MOWI had a positive cash flow from operations.
In the past 5 years MOWI has always been profitable.
Each year in the past 5 years MOWI had a positive operating cash flow.
1.2 Ratios
MOWI has a Return On Assets of 3.98%. This is comparable to the rest of the industry: MOWI outperforms 56.14% of its industry peers.
MOWI has a Return On Equity (8.69%) which is in line with its industry peers.
The Return On Invested Capital of MOWI (6.79%) is better than 70.18% of its industry peers.
MOWI had an Average Return On Invested Capital over the past 3 years of 8.30%. This is in line with the industry average of 6.38%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.98% | ||
| ROE | 8.69% | ||
| ROIC | 6.79% |
ROA(3y)7.09%
ROA(5y)6.21%
ROE(3y)15.63%
ROE(5y)13.34%
ROIC(3y)8.3%
ROIC(5y)6.82%
1.3 Margins
MOWI has a Profit Margin of 5.78%. This is in the better half of the industry: MOWI outperforms 63.16% of its industry peers.
MOWI's Profit Margin has declined in the last couple of years.
The Operating Margin of MOWI (13.87%) is better than 82.46% of its industry peers.
In the last couple of years the Operating Margin of MOWI has declined.
MOWI's Gross Margin of 51.18% is fine compared to the rest of the industry. MOWI outperforms 75.44% of its industry peers.
In the last couple of years the Gross Margin of MOWI has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.87% | ||
| PM (TTM) | 5.78% | ||
| GM | 51.18% |
OM growth 3Y10.31%
OM growth 5Y-4.51%
PM growth 3Y-10.35%
PM growth 5Y-6.26%
GM growth 3Y1.55%
GM growth 5Y-0.76%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), MOWI is destroying value.
MOWI has about the same amout of shares outstanding than it did 1 year ago.
MOWI has about the same amout of shares outstanding than it did 5 years ago.
Compared to 1 year ago, MOWI has a worse debt to assets ratio.
2.2 Solvency
MOWI has a debt to FCF ratio of 4.66. This is a neutral value as MOWI would need 4.66 years to pay back of all of its debts.
The Debt to FCF ratio of MOWI (4.66) is better than 73.68% of its industry peers.
MOWI has a Debt/Equity ratio of 0.65. This is a neutral value indicating MOWI is somewhat dependend on debt financing.
MOWI has a Debt to Equity ratio (0.65) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.65 | ||
| Debt/FCF | 4.66 | ||
| Altman-Z | N/A |
ROIC/WACC0.81
WACC8.4%
2.3 Liquidity
A Current Ratio of 3.62 indicates that MOWI has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 3.62, MOWI belongs to the top of the industry, outperforming 91.23% of the companies in the same industry.
A Quick Ratio of 3.11 indicates that MOWI has no problem at all paying its short term obligations.
Looking at the Quick ratio, with a value of 3.11, MOWI belongs to the top of the industry, outperforming 94.74% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.62 | ||
| Quick Ratio | 3.11 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 13.40% over the past year.
The Earnings Per Share has been decreasing by -1.84% on average over the past years.
The Revenue has been growing slightly by 2.89% in the past year.
The Revenue has been growing slightly by 6.26% on average over the past years.
EPS 1Y (TTM)13.4%
EPS 3Y11.15%
EPS 5Y-1.84%
EPS Q2Q%81.9%
Revenue 1Y (TTM)2.89%
Revenue growth 3Y10.07%
Revenue growth 5Y6.26%
Sales Q2Q%1.87%
3.2 Future
The Earnings Per Share is expected to grow by 21.01% on average over the next years. This is a very strong growth
The Revenue is expected to decrease by -2.33% on average over the next years.
EPS Next Y37.14%
EPS Next 2Y27.51%
EPS Next 3Y21.01%
EPS Next 5YN/A
Revenue Next Year8.78%
Revenue Next 2Y9.7%
Revenue Next 3Y8.45%
Revenue Next 5Y-2.33%
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 13.70, MOWI is valued correctly.
Based on the Price/Earnings ratio, MOWI is valued a bit cheaper than the industry average as 70.18% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 26.34, MOWI is valued a bit cheaper.
Based on the Price/Forward Earnings ratio of 9.84, the valuation of MOWI can be described as reasonable.
73.68% of the companies in the same industry are more expensive than MOWI, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of MOWI to the average of the S&P500 Index (22.19), we can say MOWI is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.7 | ||
| Fwd PE | 9.84 |
4.2 Price Multiples
MOWI's Enterprise Value to EBITDA is on the same level as the industry average.
Based on the Price/Free Cash Flow ratio, MOWI is valued a bit cheaper than the industry average as 61.40% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.15 | ||
| EV/EBITDA | 8.33 |
4.3 Compensation for Growth
MOWI's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
MOWI has a very decent profitability rating, which may justify a higher PE ratio.
MOWI's earnings are expected to grow with 21.01% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.37
PEG (5Y)N/A
EPS Next 2Y27.51%
EPS Next 3Y21.01%
5. Dividend
5.1 Amount
MOWI has a Yearly Dividend Yield of 3.62%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.19, MOWI pays a bit more dividend than its industry peers.
MOWI's Dividend Yield is rather good when compared to the S&P500 average which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.62% |
5.2 History
The dividend of MOWI decreases each year by -11.66%.
Dividend Growth(5Y)-11.66%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
90.96% of the earnings are spent on dividend by MOWI. This is not a sustainable payout ratio.
DP90.96%
EPS Next 2Y27.51%
EPS Next 3Y21.01%
OSL:MOWI (6/19/2025, 4:26:15 PM)
188.5
+3.7 (+2%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)
Earnings (Next)
Inst Owners61.65%
Inst Owner ChangeN/A
Ins Owners0.01%
Ins Owner ChangeN/A
Market Cap97.48B
Analysts80
Price Target225.08 (19.41%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.62% |
Yearly Dividend6.5
Dividend Growth(5Y)-11.66%
DP90.96%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)13.69%
Min EPS beat(2)4.8%
Max EPS beat(2)22.59%
EPS beat(4)3
Avg EPS beat(4)5.4%
Min EPS beat(4)-12.26%
Max EPS beat(4)22.59%
EPS beat(8)4
Avg EPS beat(8)0.64%
EPS beat(12)4
Avg EPS beat(12)-1.24%
EPS beat(16)5
Avg EPS beat(16)-2.06%
Revenue beat(2)0
Avg Revenue beat(2)-3.7%
Min Revenue beat(2)-5.74%
Max Revenue beat(2)-1.66%
Revenue beat(4)0
Avg Revenue beat(4)-5.46%
Min Revenue beat(4)-7.46%
Max Revenue beat(4)-1.66%
Revenue beat(8)2
Avg Revenue beat(8)-3.93%
Revenue beat(12)3
Avg Revenue beat(12)-3.98%
Revenue beat(16)3
Avg Revenue beat(16)-3.75%
PT rev (1m)-8.41%
PT rev (3m)-14.17%
EPS NQ rev (1m)-38.15%
EPS NQ rev (3m)-38.15%
EPS NY rev (1m)0%
EPS NY rev (3m)-10.18%
Revenue NQ rev (1m)-8.13%
Revenue NQ rev (3m)-8.19%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.92%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.7 | ||
| Fwd PE | 9.84 | ||
| P/S | 1.51 | ||
| P/FCF | 15.15 | ||
| P/OCF | 9.28 | ||
| P/B | 2.28 | ||
| P/tB | 4.01 | ||
| EV/EBITDA | 8.33 |
EPS(TTM)13.76
EY7.3%
EPS(NY)19.16
Fwd EY10.17%
FCF(TTM)12.44
FCFY6.6%
OCF(TTM)20.31
OCFY10.77%
SpS124.56
BVpS82.85
TBVpS46.97
PEG (NY)0.37
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.98% | ||
| ROE | 8.69% | ||
| ROCE | 10.94% | ||
| ROIC | 6.79% | ||
| ROICexc | 6.98% | ||
| ROICexgc | 9.12% | ||
| OM | 13.87% | ||
| PM (TTM) | 5.78% | ||
| GM | 51.18% | ||
| FCFM | 9.99% |
ROA(3y)7.09%
ROA(5y)6.21%
ROE(3y)15.63%
ROE(5y)13.34%
ROIC(3y)8.3%
ROIC(5y)6.82%
ROICexc(3y)8.62%
ROICexc(5y)7.05%
ROICexgc(3y)11.54%
ROICexgc(5y)9.4%
ROCE(3y)13.39%
ROCE(5y)10.99%
ROICexcg growth 3Y10.32%
ROICexcg growth 5Y-5.08%
ROICexc growth 3Y10.63%
ROICexc growth 5Y-4.96%
OM growth 3Y10.31%
OM growth 5Y-4.51%
PM growth 3Y-10.35%
PM growth 5Y-6.26%
GM growth 3Y1.55%
GM growth 5Y-0.76%
F-Score6
Asset Turnover0.69
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.65 | ||
| Debt/FCF | 4.66 | ||
| Debt/EBITDA | 1.89 | ||
| Cap/Depr | 69.38% | ||
| Cap/Sales | 6.31% | ||
| Interest Coverage | 5.8 | ||
| Cash Conversion | 70.99% | ||
| Profit Quality | 172.86% | ||
| Current Ratio | 3.62 | ||
| Quick Ratio | 3.11 | ||
| Altman-Z | N/A |
F-Score6
WACC8.4%
ROIC/WACC0.81
Cap/Depr(3y)80.22%
Cap/Depr(5y)76.78%
Cap/Sales(3y)6.89%
Cap/Sales(5y)6.98%
Profit Quality(3y)96.48%
Profit Quality(5y)113.83%
High Growth Momentum
Growth
EPS 1Y (TTM)13.4%
EPS 3Y11.15%
EPS 5Y-1.84%
EPS Q2Q%81.9%
EPS Next Y37.14%
EPS Next 2Y27.51%
EPS Next 3Y21.01%
EPS Next 5YN/A
Revenue 1Y (TTM)2.89%
Revenue growth 3Y10.07%
Revenue growth 5Y6.26%
Sales Q2Q%1.87%
Revenue Next Year8.78%
Revenue Next 2Y9.7%
Revenue Next 3Y8.45%
Revenue Next 5Y-2.33%
EBIT growth 1Y-5.63%
EBIT growth 3Y21.42%
EBIT growth 5Y1.48%
EBIT Next Year56.86%
EBIT Next 3Y29.02%
EBIT Next 5YN/A
FCF growth 1Y43.55%
FCF growth 3Y-2.68%
FCF growth 5Y3.07%
OCF growth 1Y18.28%
OCF growth 3Y3.24%
OCF growth 5Y3.85%