Obermatt

Flags

Earnings warning

P/F Bakkafrost

OSL:BAKKA · FO0000000179
Food ProductsLarge

360

25
EV / EBIT66
Price / Owner Earnings18
Owner Earnings Yield25
Dividend Yield53
Price/Sales12
EV / Gross Profit45
Price/Book44
Return on Capital34
Cash Return on Capital27
Return on Equity38
EBIT Margin88
Gross Profitability51
Cash Conversion15
Accruals21
Owner Earnings Margin57
Sales growth95
Profit Growth63
Long-Term EPS Growth79
Reinvestment34
Price momentum30
Debt load39
Refinancing58
Debt Payback22
Liquidity39
Analyst ratings22
Opinion Changes81
Price Target Upside60
Market mood53
Value Creation14/20strong value creator
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

P/F Bakkafrost generates returns well above its cost of capital, the foundation of durable shareholder value.

Profile

CountryFaroe Islands
IndustryFood Products
SizeLarge
TypePublic Company
ExchangeOB
Founded1990
Employees142
ISINFO0000000179
Last UpdateApr 2, 2026
Themes
Animal FeedBiomass EnergyAquacultureFarmingBiofuel

Description

Analysis

Hope premium

P/F Bakkafrost is priced well ahead of what the underlying numbers justify, a pattern we describe as a hope premium.

On valuation, the picture is expensive. The owner-earnings multiple stands at 37.5×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around 15% a year, against analyst forecasts of 13%. The price, in other words, assumes less than the experts do.

Growth is solid; the safety picture is stretched. The company scores 14/20 on our value-creation score: strong value creator.

Flags to be aware of: The financial cushion is thinner than comfortable. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
26
2023202420252026

All-time high

91

Jun 2023

All-time low

6

Jan 2026

Average rank

39

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
12
5
5
4
Price/Earnings
16
13
10
15
Price/Book
44
37
27
24
Dividend Yield
53
63
48
48
Value (overall)
16
21
16
14

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →