SalMar ASA

SalMar ASA

580.00
NOK
+7.00
(+1.22%)
15.34EPS
29.46P/E
62.18BMarket Cap
Nov 03Next Earn

Total Valuation

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As of June 30, 2026, SalMar ASA carries a market capitalization of 62.18B, placing it among publicly traded companies globally. Its enterprise value stands at 85.29B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap62.18B
Enterprise Value85.29B

Important Dates

SalMar ASA's next confirmed earnings release is scheduled for November 3, 2026.

Earnings Date11/3/2026

Share Statistics

As of June 30, 2026, SalMar ASA has 135.54M shares outstanding.

Shares Outstanding135.54M

Valuation Ratios

As of June 30, 2026, SalMar ASA trades at a trailing price-to-earnings ratio of 29.46. The price-to-sales ratio is 2.17, and the price-to-book ratio stands at 3.55.

PE Ratio29.46
PS Ratio2.17
PB Ratio3.55
P/TBV Ratio-12.38
P/FCF Ratio9.68
P/OCF Ratio9.62

Enterprise Valuation

As of June 30, 2026, SalMar ASA trades at an EV/EBITDA multiple of 13.99 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 3.00 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 21.22 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. SalMar ASA trades at an EV/FCF ratio of 11.45, comparing the total takeover cost of the business to the cash it actually generates for all capital providers. These enterprise value multiples are built on an enterprise value of 85.29B versus a market cap of 62.18B, with the gap driven by net debt and cash on the balance sheet.

EV / Sales3.00
EV / EBITDA13.99
EV / EBIT21.22
EV / FCF11.45

Financial Position

As of June 30, 2026, SalMar ASA maintains a current ratio of 1.46, meaning it holds 1.5x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 111.49, indicating elevated leverage, while an interest coverage ratio of 4.55 demonstrates adequate ability to service its debt obligations.

Current Ratio1.46
Quick Ratio0.08
Debt / Equity111.49
Debt / EBITDA3.59
Interest Coverage4.55

Financial Efficiency

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Over the twelve months ended June 30, 2026, SalMar ASA posted a return on equity (ROE) of 11.62, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 7.41 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 3.74, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 7.44, useful for judging operating efficiency across full business cycles. The company generates approximately 8.87M in revenue per employee across its workforce of 3,208.00, a quick read on workforce productivity versus industry peers. Inventory turnover of 0.97 indicates how many times SalMar ASA sells and replaces its inventory over a year, a key working capital efficiency ratio.

Return on Equity (ROE)11.62
Return on Assets (ROA)3.74
Return on Invested Capital (ROIC)7.41
Return on Capital Employed (ROCE)7.44
Revenue Per Employee8.87M
Employee Count3,208.00
Inventory Turnover0.97

Taxes

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Over the twelve months ended June 30, 2026, SalMar ASA recorded 578.00M in income tax expense. That works out to an effective tax rate of 21.78, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 2.65B, leaving 2.09B in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax578.00M
Effective Tax Rate21.78

Stock Price Statistics

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As of the close on October 23, 2026, SalMar ASA's stock has declined approximately 4.29% over the past 52 weeks. The 50-day moving average sits at 548.39, while the 200-day moving average is 558.56.

52-Week Price Change-4.29%
50-Day Moving Average548.39
200-Day Moving Average558.56

Income Statement

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Over the twelve months ended June 30, 2026, SalMar ASA generated 28.44B in revenue and converted that into 2.09B in net income, yielding earnings per share of 15.34. EBITDA reached 6.10B, while operating income came in at 3.99B.

Revenue28.44B
Gross Profit14.05B
Operating Income3.99B
Pretax Income2.65B
Net Income2.09B
EBITDA6.10B
EBIT4.02B
Earnings Per Share (EPS)15.34

Balance Sheet

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As of June 30, 2026, SalMar ASA holds 942.00M in cash and equivalents against 21.91B in total debt, resulting in a net debt position of 19.14B. Total book value stands at 17.51B, with working capital of 5.65B providing operational flexibility.

Cash & Cash Equivalents942.00M
Total Debt21.91B
Net Debt19.14B
Equity (Book Value)17.51B
Book Value Per Share129.18
Working Capital5.65B

Cash Flow

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SalMar ASA produced 6.40B in operating cash flow over the twelve months ended June 30, 2026.

Operating Cash Flow6.40B
Free Cash Flow6.40B
FCF Per Share47.69

Margins

Over the twelve months ended June 30, 2026, SalMar ASA posted a gross margin of 49.39, reflecting its pricing power and cost economics. The operating margin of 14.04 and net profit margin of 7.35 provide insight into operational efficiency.

Gross Margin49.39
Operating Margin14.04
Pretax Margin9.33
Profit Margin7.35
EBITDA Margin21.44

Dividends & Yields

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Over the twelve months ended June 30, 2026, SalMar ASA paid dividends of 0.06 per share. The dividend payout ratio of 0.39 indicates the proportion of earnings distributed to shareholders, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield stands at 10.33, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield reaches 7.14, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to SalMar ASA shareholders.

Dividend Per Share0.06
Payout Ratio0.39
Shareholder Yield7.14
FCF Yield10.33

Scores

As of June 30, 2026, SalMar ASA has an Altman Z-Score of 2.63, near the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score2.63