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SALMON EVOLUTION ASA (SALME.OL) Stock Fundamental Analysis

Europe - Euronext Oslo - OSL:SALME - NO0010892094 - Common Stock

4.965 NOK
0 (0%)
Last: 12/11/2025, 4:16:40 PM
Fundamental Rating

2

SALME gets a fundamental rating of 2 out of 10. The analysis compared the fundamentals against 59 industry peers in the Food Products industry. SALME has a bad profitability rating. Also its financial health evaluation is rather negative. SALME is valued quite expensive, but it does show an excellent growth.


Dividend Valuation Growth Profitability Health

1

1. Profitability

1.1 Basic Checks

In the past year SALME has reported negative net income.
SALME had a negative operating cash flow in the past year.
In the past 5 years SALME always reported negative net income.
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 81.36% of its industry peers.
With a Return On Equity value of -8.41%, SALME is not doing good in the industry: 79.66% of the companies in the same industry are doing better.
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 has a Gross Margin of 62.88%. This is amongst the best in the industry. SALME outperforms 91.53% 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 0.89, we must say that SALME is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.89, SALME is doing worse than 81.36% of the companies in the same industry.
A Debt/Equity ratio of 0.41 indicates that SALME is not too dependend on debt financing.
SALME has a better Debt to Equity ratio (0.41) than 67.80% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.41
Debt/FCF N/A
Altman-Z 0.89
ROIC/WACCN/A
WACC7.84%
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

A Current Ratio of 0.96 indicates that SALME may have some problems paying its short term obligations.
The Current ratio of SALME (0.96) is worse than 71.19% of its industry peers.
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 74.58% 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

7

3. Growth

3.1 Past

SALME shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -152.94%.
The Revenue has grown by 205.07% in the past year. This is a very strong growth!
SALME shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 238.62% yearly.
EPS 1Y (TTM)-152.94%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-66.67%
Revenue 1Y (TTM)205.07%
Revenue growth 3Y238.62%
Revenue growth 5YN/A
Sales Q2Q%68.54%

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 37.55% on average over the next years. This is a very strong growth
EPS Next Y-279.89%
EPS Next 2Y22.34%
EPS Next 3Y57.88%
EPS Next 5Y81.13%
Revenue Next Year-22.83%
Revenue Next 2Y17.82%
Revenue Next 3Y40.68%
Revenue Next 5Y37.55%

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
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.
Also next year SALME is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
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 20 -20 -40 -60 -80

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 57.88% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y22.34%
EPS Next 3Y57.88%

0

5. Dividend

5.1 Amount

No dividends for SALME!.
Industry RankSector Rank
Dividend Yield N/A

SALMON EVOLUTION ASA

OSL:SALME (12/11/2025, 4:16:40 PM)

4.965

0 (0%)

Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)11-11 2025-11-11/bmo
Earnings (Next)02-09 2026-02-09/amc
Inst Owners21.03%
Inst Owner ChangeN/A
Ins Owners2.19%
Ins Owner ChangeN/A
Market Cap2.30B
Revenue(TTM)467.74M
Net Income(TTM)-176.66M
Analysts86.25
Price Target7.82 (57.5%)
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)-7.2%
PT rev (3m)-9.21%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-32.01%
EPS NY rev (1m)-0.42%
EPS NY rev (3m)-58.07%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-13.95%
Revenue NY rev (1m)-8%
Revenue NY rev (3m)-16%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 6.73
P/FCF N/A
P/OCF N/A
P/B 1.09
P/tB 1.14
EV/EBITDA N/A
EPS(TTM)-0.43
EYN/A
EPS(NY)-0.06
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 0.89
F-Score2
WACC7.84%
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)-152.94%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-66.67%
EPS Next Y-279.89%
EPS Next 2Y22.34%
EPS Next 3Y57.88%
EPS Next 5Y81.13%
Revenue 1Y (TTM)205.07%
Revenue growth 3Y238.62%
Revenue growth 5YN/A
Sales Q2Q%68.54%
Revenue Next Year-22.83%
Revenue Next 2Y17.82%
Revenue Next 3Y40.68%
Revenue Next 5Y37.55%
EBIT growth 1Y-161.03%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year-56473.6%
EBIT Next 3Y1328.21%
EBIT Next 5Y477.46%
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.