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SALMON EVOLUTION ASA (SALME.OL) Stock Fundamental Analysis

Europe - OSL:SALME - NO0010892094 - Common Stock

5.18 NOK
+0.05 (+0.97%)
Last: 11/10/2025, 7:00:00 PM
Fundamental Rating

2

Overall SALME gets a fundamental rating of 2 out of 10. We evaluated SALME against 57 industry peers in the Food Products industry. SALME may be in some trouble as it scores bad on both profitability and health. SALME is quite expensive at the moment. It does show a decent growth rate.


Dividend Valuation Growth Profitability Health

1

1. Profitability

1.1 Basic Checks

SALME had negative earnings in the past year.
SALME had a negative operating cash flow in the past year.
SALME had negative earnings in each of the past 5 years.
SALME had negative operating cash flow in 4 of the past 5 years.
SALME.OL Yearly Net Income VS EBIT VS OCF VS FCFSALME.OL Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2018 2019 2020 2021 2022 2023 2024 0 -200M -400M -600M -800M

1.2 Ratios

SALME's Return On Assets of -5.15% is on the low side compared to the rest of the industry. SALME is outperformed by 80.70% of its industry peers.
SALME's Return On Equity of -8.41% is on the low side compared to the rest of the industry. SALME is outperformed by 78.95% of its industry peers.
Industry RankSector Rank
ROA -5.15%
ROE -8.41%
ROIC N/A
ROA(3y)-2.76%
ROA(5y)-2.34%
ROE(3y)-3.94%
ROE(5y)-3.2%
ROIC(3y)N/A
ROIC(5y)N/A
SALME.OL Yearly ROA, ROE, ROICSALME.OL Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2018 2019 2020 2021 2022 2023 2024 0 -200 -400 -600 -800

1.3 Margins

SALME's Gross Margin of 62.88% is amongst the best of the industry. SALME outperforms 92.98% of its industry peers.
In the last couple of years the Gross Margin of SALME has declined.
The Profit Margin and Operating Margin are not available for SALME so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 62.88%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-11.83%
GM growth 5YN/A
SALME.OL Yearly Profit, Operating, Gross MarginsSALME.OL Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2018 2019 2020 2021 2022 2023 2024 0 -100 -200 -300

1

2. Health

2.1 Basic Checks

SALME does not have a ROIC to compare to the WACC, probably because it is not profitable.
SALME has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, SALME has more shares outstanding
The debt/assets ratio for SALME has been reduced compared to a year ago.
SALME.OL Yearly Shares OutstandingSALME.OL Yearly Shares OutstandingYearly Shares Outstanding 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M
SALME.OL Yearly Total Debt VS Total AssetsSALME.OL Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B

2.2 Solvency

Based on the Altman-Z score of 0.92, we must say that SALME is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of SALME (0.92) is worse than 80.70% of its industry peers.
A Debt/Equity ratio of 0.41 indicates that SALME is not too dependend on debt financing.
SALME's Debt to Equity ratio of 0.41 is fine compared to the rest of the industry. SALME outperforms 66.67% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.41
Debt/FCF N/A
Altman-Z 0.92
ROIC/WACCN/A
WACC7.87%
SALME.OL Yearly LT Debt VS Equity VS FCFSALME.OL Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2018 2019 2020 2021 2022 2023 2024 0 1B 2B

2.3 Liquidity

SALME has a Current Ratio of 0.96. This is a bad value and indicates that SALME is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 0.96, SALME is doing worse than 71.93% of the companies in the same industry.
SALME has a Quick Ratio of 0.96. This is a bad value and indicates that SALME is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.53, SALME is doing worse than 73.68% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 0.96
Quick Ratio 0.53
SALME.OL Yearly Current Assets VS Current LiabilitesSALME.OL Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M

6

3. Growth

3.1 Past

SALME shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -95.00%.
SALME shows a decrease in Revenue. In the last year, the revenue decreased by -6.20%.
Measured over the past years, SALME shows a very strong growth in Revenue. The Revenue has been growing by 238.62% on average per year.
EPS 1Y (TTM)-95%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-1700%
Revenue 1Y (TTM)-6.2%
Revenue growth 3Y238.62%
Revenue growth 5YN/A
Sales Q2Q%-46.54%

3.2 Future

SALME is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 81.13% yearly.
The Revenue is expected to grow by 51.35% on average over the next years. This is a very strong growth
EPS Next Y-278.29%
EPS Next 2Y32.3%
EPS Next 3Y64%
EPS Next 5Y81.13%
Revenue Next Year-16.12%
Revenue Next 2Y17.79%
Revenue Next 3Y44.05%
Revenue Next 5Y51.36%

3.3 Evolution

Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
SALME.OL Yearly Revenue VS EstimatesSALME.OL Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 1B 2B 3B 4B 5B
SALME.OL Yearly EPS VS EstimatesSALME.OL Yearly EPS VS EstimatesYearly EPS VS Estimates 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0 1 2

1

4. Valuation

4.1 Price/Earnings Ratio

SALME reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for SALME. No positive earnings are expected for the next year.
Industry RankSector Rank
PE N/A
Fwd PE N/A
SALME.OL Price Earnings VS Forward Price EarningsSALME.OL Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 -50 -100 -150

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
SALME.OL Per share dataSALME.OL EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 2 4

4.3 Compensation for Growth

SALME's earnings are expected to grow with 64.00% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y32.3%
EPS Next 3Y64%

0

5. Dividend

5.1 Amount

SALME does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

SALMON EVOLUTION ASA

OSL:SALME (11/10/2025, 7:00:00 PM)

5.18

+0.05 (+0.97%)

Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)08-19 2025-08-19/bmo
Earnings (Next)11-11 2025-11-11
Inst Owners21.03%
Inst Owner ChangeN/A
Ins Owners2.19%
Ins Owner ChangeN/A
Market Cap2.40B
Revenue(TTM)341.04M
Net Income(TTM)-176.66M
Analysts85.33
Price Target8.43 (62.74%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-215.55%
Min EPS beat(2)-220.42%
Max EPS beat(2)-210.68%
EPS beat(4)1
Avg EPS beat(4)-422.53%
Min EPS beat(4)-1265.05%
Max EPS beat(4)6.04%
EPS beat(8)2
Avg EPS beat(8)-223.01%
EPS beat(12)5
Avg EPS beat(12)-150.61%
EPS beat(16)9
Avg EPS beat(16)-104.98%
Revenue beat(2)0
Avg Revenue beat(2)-30.39%
Min Revenue beat(2)-43.93%
Max Revenue beat(2)-16.84%
Revenue beat(4)1
Avg Revenue beat(4)-23.17%
Min Revenue beat(4)-43.93%
Max Revenue beat(4)1.98%
Revenue beat(8)3
Avg Revenue beat(8)-20.9%
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)-8.44%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-120%
EPS NY rev (1m)-14.34%
EPS NY rev (3m)-4140%
Revenue NQ rev (1m)-0.78%
Revenue NQ rev (3m)-28.73%
Revenue NY rev (1m)-5.24%
Revenue NY rev (3m)-20.33%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 7.03
P/FCF N/A
P/OCF N/A
P/B 1.14
P/tB 1.19
EV/EBITDA N/A
EPS(TTM)-0.39
EYN/A
EPS(NY)-0.03
Fwd EYN/A
FCF(TTM)-1.81
FCFYN/A
OCF(TTM)-0.07
OCFYN/A
SpS0.74
BVpS4.54
TBVpS4.36
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -5.15%
ROE -8.41%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 62.88%
FCFM N/A
ROA(3y)-2.76%
ROA(5y)-2.34%
ROE(3y)-3.94%
ROE(5y)-3.2%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-11.83%
GM growth 5YN/A
F-Score2
Asset Turnover0.1
Health
Industry RankSector Rank
Debt/Equity 0.41
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 988.05%
Cap/Sales 235.51%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 0.96
Quick Ratio 0.53
Altman-Z 0.92
F-Score2
WACC7.87%
ROIC/WACCN/A
Cap/Depr(3y)4495.02%
Cap/Depr(5y)15899.7%
Cap/Sales(3y)642.51%
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-95%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-1700%
EPS Next Y-278.29%
EPS Next 2Y32.3%
EPS Next 3Y64%
EPS Next 5Y81.13%
Revenue 1Y (TTM)-6.2%
Revenue growth 3Y238.62%
Revenue growth 5YN/A
Sales Q2Q%-46.54%
Revenue Next Year-16.12%
Revenue Next 2Y17.79%
Revenue Next 3Y44.05%
Revenue Next 5Y51.36%
EBIT growth 1Y-161.03%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year-27184.6%
EBIT Next 3Y1473.03%
EBIT Next 5Y573.03%
FCF growth 1Y-44.33%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y76.05%
OCF growth 3YN/A
OCF growth 5YN/A

SALMON EVOLUTION ASA / SALME.OL FAQ

What is the fundamental rating for SALME stock?

ChartMill assigns a fundamental rating of 2 / 10 to SALME.OL.


Can you provide the valuation status for SALMON EVOLUTION ASA?

ChartMill assigns a valuation rating of 1 / 10 to SALMON EVOLUTION ASA (SALME.OL). This can be considered as Overvalued.


Can you provide the profitability details for SALMON EVOLUTION ASA?

SALMON EVOLUTION ASA (SALME.OL) has a profitability rating of 1 / 10.