1. Iceland Stocks

  2. •

    Consumer Defensive

  3. •

    Agricultural Farm Products
Sildarvinnslan Hf.

Sildarvinnslan Hf.

SVN.IC
Sildarvinnslan Hf.IS flagNASDAQ Iceland
126.00
ISK
- -
- -
232.57BMarket Cap
Sildarvinnslan Hf.
SVN.IC
(NASDAQ Iceland)

Recent

price

126.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2018
2018
2019
2019
2020
2020
2021
2021
2022
2022
2023
2023
2024
2024
2025
2025
TTM
FRC
0.15
0.13
0.11
0.1
0.09
0.11
0.12
0.14
0.18
0.17
0.22
0.2
0.17
0.18
- -
0.17
0.21
Revenue per Share
0.02
0.02
0.03
0.02
0.02
0.02
0.05
0.05
0.04
0.04
0.04
0.04
0.02
0.02
- -
0.03
0.03
Basic EPS, GAAP
0.02
0.01
0.01
0.01
0.02
0.03
0.01
0.01
0.03
0.03
0.03
0.03
0.03
0.03
- -
0.04
0.05
Free Cash Flow per Basic Share
0.01
- -
0.01
0.01
0.01
0.01
- -
- -
0.02
0.01
0.01
0.01
0.01
0.01
- -
0.01
0.01
Dividend per Share
0.18
0.15
0.19
0.17
0.16
0.2
0.19
0.22
0.24
0.23
0.24
0.22
0.24
0.25
- -
0.22
0.26
Book Value per Share
0.06
0.06
0.08
0.07
0.08
0.09
0.08
0.09
0.05
0.05
0.08
0.07
0.08
0.09
- -
0.1
0.12
Tangible Book Value per Share
1,684
1,684
1,684
1,684
1,684
1,684
1,694
1,694
1,712
1,712
1,846
1,846
1,846
1,846
- -
1,846
1,843
Basic Weighted Avg Shares
248
217
188
168
146
179
209
237
310
289
404
365
312
325
378
322
378
Sales/Revenue/Turnover
18.07
18.07
27.53
27.53
27.13
27.13
31.89
31.89
29.57
29.57
24.6
24.6
19.84
19.84
24.6
24.6
24.6
Operating Margin (%)
11
10
9
8
8
10
10
11
14
13
21
19
19
19
22
19
22
Depreciation Expense
33
28
44
39
31
39
77
87
75
70
73
66
42
44
63
54
63
Net Income, GAAP
18.61
18.61
18.26
18.26
18.18
18.18
15.73
15.73
19.54
19.54
20.36
20.36
21.35
21.35
21.5
21.5
21.5
Effective Tax Rate (%)
13.15
13.15
23.25
23.25
21.57
21.57
36.74
36.74
24.34
24.34
18.03
18.03
13.51
13.51
16.75
16.75
16.75
Profit Margin (%)
69
61
43
38
34
42
102
115
30
28
115
104
133
138
130
111
130
Working Capital
92
80
53
47
27
33
100
114
219
204
256
232
239
248
193
164
193
LT Debt
334
292
362
323
314
386
373
423
578
539
640
579
618
643
735
626
735
Total Equity
- -
- -
9.63
8.54
7.66
8.02
11.25
11.96
10.02
10.22
8.69
7.99
5.51
5.35
7.78
7.18
7.63
Return on Invested Capital (%)
- -
- -
11.57
10.26
8.47
8.88
17.66
18.78
13.05
13.33
12.16
11.17
8.09
7.85
10.33
9.5
10.12
Return on Capital (%)
- -
- -
14.97
13.3
11.11
11.64
23.07
24.52
19.14
19.63
17.34
15.97
9.84
9.56
13.52
12.48
13.26
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Jun'25
Sep'25
Dec'25
ST Debt
183
178
37
LT Borrowings
57
56
192
LT Finance Leases
1
1
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,846
1,846
1,846
Market Capitalization
1,077
1,313
1,441

Working Capital

FRC

•

in mil. unless spec.
Jun'25
Sep'25
Dec'25
Total Current Assets
174
202
207
Cash, Cash Equivalents & STI
85
69
97
Accounts Receivable, Net
34
57
43
Inventories
45
66
62
Total Current Liabilities
222
233
77
Payables & Accruals
- -
- -
- -
ST Debt
183
178
37
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.15%
0.12%
-14.87%
Free Cash Flow
24.34%
8.99%
-14.87%
Net Income, GAAP
12.96%
-2.41%
-14.87%
Sales/Revenue/Turnover
10.23%
-3.7%
-14.87%
Total Cash Common Dividend
421.7%
-9.36%
-14.87%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
95
- -
100
- -
312
2025
109
- -
78
- -
322
2026
113
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
- -
- -
- -
0.02
2025
0.01
- -
- -
- -
0.03
2026
0.02
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.01
2025
- -
- -
- -
- -
0.01
2026
0.01
- -
- -
- -
- -
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Business
Sildarvinnslan hf. (SVN.IC), founded in 1957 and headquartered in Neskaupstaður, Iceland, operates as one of the country's largest fisheries companies, specializing in the catching, processing and sale of pelagic species, whitefish and salted herring; it produces fishmeal and fish oil as Iceland's leading manufacturer in these categories, alongside fresh, frozen and value-added seafood products including salmon and catfish processing. The company manages an ultra-modern production facility in Neskaupstaður with extensive freezing and chilling storage, two fishmeal and oil factories in Neskaupstaður and Seyðisfjörður, whitefish processing plants in Grindavík and Seyðisfjörður, and a fleet comprising freezing trawlers, ice trawlers and pelagic vessels, complemented by specialized port services such as catch landing, ice production and storage. Sildarvinnslan conducts operations primarily in Iceland with sales and activities extending to Germany, Spain, Greece, the United States and Greenland, employing around 600 people and holding substantial fishing quotas equivalent to approximately 52,000 tonnes of cod. In recent developments, the company participated in a planned share capital increase at Arctic Fish Holding in August 2025 to support aquaculture expansion; it previously acquired Vísir hf. in Grindavík, integrating advanced catfish and saltfish processing capabilities as a subsidiary to enhance sales, marketing and production value amid growing fish farming opportunities. Sildarvinnslan continues to report positive earnings momentum, including a favorable outlook announced in October 2025 and solid second-quarter results for 2025, reinforcing its position in the pelagic and demersal seafood sectors.