Bakkafrost P/F

Bakkafrost P/F

459.60
NOK
+1.80
(+0.39%)
15.27EPS
26.59P/E
23.79BMarket Cap
Nov 02Next Earn
Bakkafrost P/F
IOB:0MQ2
(London Stock Exchange (International))

Recent

price

459.60

P/E

ratio

26.59

div

yld

3.91%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
DKK
17.71
27
37.92
50.94
55.24
58.63
65.84
77.45
65.32
87.38
78.73
94.03
120.66
120.67
123.73
118.18
124.12
Revenue per Share
5.61
6.65
5.75
12.05
13.32
16.66
27.52
10.51
19.74
15.7
7.83
16.32
22.76
16.15
11.08
8.94
9.98
Basic EPS, GAAP
2.75
6.37
3.5
6.5
13.18
3.3
3.35
16.84
7.95
6.47
-6.13
0.15
-0.57
-0.67
22.42
-0.95
0.05
Free Cash Flow per Basic Share
0.38
3.9
1
2
4.49
5.99
8.24
8.69
10.5
7.78
- -
3.65
5.14
9.99
8.69
8.44
11.89
Dividend per Share
18.44
20.98
25.81
34.3
42.47
53.07
72.94
74.48
83.67
140.83
147.85
158.23
175.85
183.46
188.38
186.23
184.87
Book Value per Share
15.66
13.42
19.81
28.23
36.41
47.01
65.2
66.74
75.67
66.51
71.74
82.13
99.56
107.3
112.16
110.18
108.74
Tangible Book Value per Share
46
49
49
49
49
49
49
49
49
52
59
59
59
59
59
59
59
Basic Weighted Avg Shares
820
1,321
1,856
2,491
2,683
2,850
3,203
3,770
3,177
4,511
4,652
5,554
7,130
7,141
7,334
7,007
7,361
Sales/Revenue/Turnover
38.48
22.11
19.81
27.2
33.28
32.35
51.47
16.76
36.98
22.29
14.74
19.55
24.46
17.5
12.87
12.01
12.25
Operating Margin (%)
42
67
80
87
97
108
133
184
199
310
447
530
537
637
704
785
827
Depreciation Expense
260
325
281
589
647
810
1,339
511
960
810
463
964
1,345
956
657
530
592
Net Income, GAAP
15.47
12.64
17.24
18.99
28.03
12.36
17.99
18.03
18.07
18.33
26.06
15.26
20.47
16.82
24.29
17.58
22.09
Effective Tax Rate (%)
31.66
24.63
15.16
23.65
24.12
28.42
41.81
13.56
30.22
17.96
9.95
17.36
18.87
13.38
8.95
7.57
8.04
Profit Margin (%)
540
816
1,056
1,408
1,637
1,549
2,456
1,205
2,027
3,506
3,213
3,762
4,794
5,150
4,411
4,682
4,588
Working Capital
7
734
732
685
505
448
827
147
812
2,554
2,485
2,881
3,737
4,276
3,714
4,995
5,004
LT Debt
902
1,061
1,263
1,665
2,064
2,580
3,549
3,626
4,077
8,497
8,729
9,348
10,396
10,866
11,157
11,044
10,964
Total Equity
36.22
24.6
14.25
24.69
24.22
27.23
35.64
12
20.66
13.2
4.04
7.71
10.29
6.95
4.75
4.43
4.49
Return on Invested Capital (%)
36.2
24.59
14.97
26.96
26.19
29.2
36.74
12.5
21.47
10.38
4.42
8.44
10.51
7.52
5.44
4.32
4.63
Return on Capital (%)
40.23
33.74
24.58
40.24
34.71
34.89
43.69
14.25
24.93
13.06
5.43
10.67
13.63
8.99
5.96
4.77
5.36
Return on Common Equity (%)

Capital Structure

DKK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
49
76
152
LT Borrowings
4,197
4,132
4,368
LT Finance Leases
798
757
636
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
59
59
59
Market Capitalization
19,118
17,953
15,733

Working Capital

DKK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
5,509
5,766
5,547
Cash, Cash Equivalents & STI
300
370
327
Accounts Receivable, Net
700
1,048
852
Inventories
4,212
4,194
4,188
Total Current Liabilities
827
797
959
Payables & Accruals
- -
- -
- -
ST Debt
49
76
152
Deferred Revenue
- -
- -
- -

Growth Rates

DKK

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
18.78%
4.9%
-1.01%
Free Cash Flow
-401.69%
-829.33%
-104.25%
Net Income, GAAP
10.11%
13.66%
-19.26%
Sales/Revenue/Turnover
10.56%
9.23%
-4.45%
Total Cash Common Dividend
- -
- -
-2.86%

Quarterly Revenue

DKK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,206
2,067
1,737
1,470
7,334
2025
1,899
1,575
- -
1,847
7,007
2026
2,114
1,826
- -
- -
- -

Quarterly Earnings Per Share

DKK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
6.77
-1.89
-1.92
8.11
11.08
2025
-0.09
-2.3
- -
9.83
8.94
2026
5.17
-2.72
- -
- -
- -

Quarterly Dividends Per Share

DKK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
8.7
- -
- -
8.69
2025
- -
8.44
- -
- -
8.44
2026
- -
3.45
- -
- -
- -
Business
P/F Bakkafrost is a vertically integrated salmon farming company headquartered in Glyvrar, Faroe Islands, founded in 1968. It produces and sells Atlantic salmon and related products through a comprehensive value chain that includes feed production, fish farming, harvesting, processing, packaging, and global sales. The company's main product categories encompass fresh, frozen, and smoked salmon, canned salmon products through its subsidiary Munkebo Seafood A/S, as well as fishmeal, fish oil, and specialized fish feed. Bakkafrost operates primarily in the Faroe Islands and Scotland, targeting markets across North America, Western and Eastern Europe, and Asia. Bakkafrost manages its operations through multiple segments: Farming in the Faroe Islands and Scotland; Value-Added Products including consumer-ready packed salmon portions; Fishmeal, Oil and Feed production; and Services such as fish transportation, harvesting logistics, and marine support. The company controls breeding, smolt production, and on-growing of salmon strains, ensuring high-quality, traceable products. Its subsidiary Havsbrún produces most of the fishmeal and oil used in the company's feed, contributing to quality and sustainability. Recent strategic developments include the acquisition of Munkebo Seafood in early 2022, expanding its product range into canned salmon and strengthening its consumer packaged offerings. Bakkafrost is implementing a 6.3 billion DKK investment plan (2024–2028) aimed at increasing annual salmon harvest volumes to around 165,000–200,000 tonnes by 2028, focused on scaling production at its hatcheries and farms in both the Faroe Islands and Scotland. The company is expanding its hatchery capacities, feed production, processing facilities, and marine site development to support this growth. Additionally, Bakkafrost maintains a commitment to sustainability, pursuing significant reductions in greenhouse gas emissions and partnering on renewable energy projects like wind farms with Faroese energy supplier EFFO. Bakkafrost's fully integrated business model, broad product portfolio, recent acquisition to diversify offerings, substantial capital investments for capacity expansion, and sustainability initiatives reflect its position as a leading global salmon producer with strong operational control and traceability from feed to finished product.

Company News

  • P/F Bakkafrost (BKFKY) Q1 2026 Earnings Call Transcript

  • P/F Bakkafrost (OTCMKTS:BKFKF) Sees Large Increase in Short Interest

  • P/F Bakkafrost (BKFKY) Q4 2025 Earnings Call Transcript

  • P/F Bakkafrost (BKFKY) Q3 2025 Earnings Call Transcript

  • Significant Research Activity Led To Six New Positions

  • P/F Bakkafrost (BKFKF) Q2 2025 Earnings Call Transcript

  • A 'Large Smolt' Bakkafrost Is Transformative But Not Great Value

  • P/F Bakkafrost (BKFKF) Q1 2025 Earnings Call Transcript

  • P/F Bakkafrost (BKFKF) Q4 2024 Earnings Call Transcript

  • Bakkafrost: Viral Incident Flushes Fish Into Markets From Faeroes

  • Bakkafrost: Upside From Salmon, And Already Up Since Q2

  • P/F Bakkafrost (BKFKF) Q3 2024 Earnings Call Transcript

  • P/F Bakkafrost (BKFKF) Q2 2024 Earnings Call Transcript

  • Bakkafrost: Potential To Double Revenue By 2028

  • Bakkafrost: I Wish Salmon Would Drop In Price So I Can 'Buy' More

  • P/F Bakkafrost (BKFKF) Q1 2024 Earnings Call Transcript

  • Bakkafrost: Salmon For Your Portfolio And Your Plate

  • P/F Bakkafrost (BKFKF) Q4 2023 Earnings Call Transcript

  • P/F Bakkafrost (BKFKF) Q3 2023 Earnings Call Transcript

  • P/F Bakkafrost (BKFKF) Q2 2023 Earnings Call Transcript