Explore 3 Stock Ideas & Industry Insights Download Free Report

Company price
23.55 USD 0.00(0%)
Last update at 2026-11-05T21:00:00Z
VOLUME
45
Market Cap
11582.60M
P/E
15.54

Momentum Score

…

Mowi ASA, a seafood company, produces and sells Atlantic salmon products worldwide. It operates through Feed, Farming, Markets, Consumer Products, and other segments. The company is involved in salmon feed production, salmon farming and primary processing, and seafood secondary processing activities. It offers whole fish, plain and marinated fillets and steaks, hot- and cold-smoked salmon, and burgers and patties, as well as breaded, gravad, and sushi products. The company was formerly known as Marine Harvest ASA and changed its name to Mowi ASA in December 2018. Mowi ASA was founded in 1964 and is based in Bergen, Norway.

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Day Price Range
19.10
Low
23.55
High
52 Week Price Range
17.53
Low
23.72
High

Momentum Score

…
Loading momentum score…

A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Mowi ASA is a vertically integrated seafood company farming, processing and selling Atlantic salmon across Norway, Scotland, Canada, Chile and the Faroe Islands. Long-term growth may be supported by rising global seafood demand, scale advantages in genetics and feed efficiency, and expanded value-added products, making it attractive for investors seeking exposure to large-scale salmon production.
Major risks include biological and environmental threats (sea lice, disease, algal blooms), regulatory and permitting changes, feed and currency exposure, and volatile salmon prices.

Risk Score
Medium

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
23.55
Dividend Yield
3.02%
Revenue TTM
6115.90M
Revenue Per Share
11.85
Gross Profit TTM
2825.20M
Debt / Equity
0.79
ROE
15.46%
Net Debt
3173.40M
ROCE
10.99%
Diluted EPS TTM
1.41

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax 823.03M 631.70M 898.70M 1000.90M 593.40M
Minority interest 11.40M -6.30M -3.80M -3.00M -0.20M
Net income 709.92M 468.50M 444.40M 782.40M 487.60M
Selling general administrative 96.70M 99.90M 94.20M 86.40M 86.60M
Selling and marketing expenses 24.80M 23.20M 24.50M 25.50M 24.70M
Gross profit 2769.40M 2804.40M 2527.60M 2673.70M 2094.20M
Reconciled depreciation 454.00M 447.80M 397.30M 386.60M 373.20M
Ebit 962.40M 775.20M 1011.80M 1124.70M 737.40M
Ebitda 1416.40M 1223.00M 1415.60M 1511.30M 1110.60M
Depreciation and amortization 454.00M 447.80M 403.80M 386.60M 373.20M
Operating income 614.41M 833.30M 1905.60M 1124.70M 737.40M
Other operating expenses 5052.30M 4770.50M 3600.20M 3815.00M 3514.50M
Interest expense 128.54M 143.50M 113.10M 52.60M 59.10M
Tax provision 125.80M 156.90M 459.20M 215.50M 105.50M
Interest income 8.40M 12.30M 6.50M 2.00M 0.50M
Net interest income -129.70M -135.20M -100.90M -56.40M -58.50M
Income tax expense 124.38M 156.90M 459.20M 215.50M 105.50M
Total revenue 5688.70M 5603.80M 5505.80M 4907.30M 4165.90M
Total operating expenses 2133.00M 1971.10M 622.00M 1581.40M 1442.80M
Cost of revenue 2919.30M 2799.40M 2978.20M 2233.60M 2071.70M
Total other income expense net 208.63M -201.60M -1006.90M -123.80M -144.00M
Net income from continuing ops 706.60M 474.80M 421.80M 785.40M 487.90M
Net income applicable to common shares - - - 782.40M 487.60M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 10228.50M 8554.70M 8239.00M 7531.30M 6259.50M
Intangible assets 2101.10M 1262.30M 1246.40M 1224.10M 946.50M
Other current assets - 163.80M 252.50M - 700.70M
Total liab 5663.50M 4549.10M 4484.30M 3844.10M 3128.10M
Total stockholder equity 4371.10M 3839.20M 3585.60M 3507.50M 3129.00M
Other current liab 0.59M 514.40M 345.50M 666.30M 72.20M
Common stock 411.40M 404.80M 404.80M 404.80M 404.80M
Capital stock 411.40M 404.80M 404.80M 404.80M 404.80M
Other liab - - - - 460.60M
Good will 632.90M 369.60M 368.10M 371.40M 321.20M
Other assets -0.10M 0.30M 9.12M -0.20M -0.10M
Cash 289.30M 276.70M 288.40M 170.90M 94.90M
Total current liabilities 1470.90M 1411.70M 1264.80M 1488.40M 972.90M
Current deferred revenue - - 3.51M - 325.20M
Net debt 3173.40M 2398.40M 2278.50M 2229.40M 1782.50M
Short term debt 329.00M 379.40M 174.60M 385.10M 182.70M
Short long term debt 149.90M 200.00M 0.10M 211.60M -
Short long term debt total 3462.70M 2675.10M 2566.90M 2400.30M 1877.40M
Other stockholder equity 1458.20M 1274.70M 3180.80M 3102.70M 2724.20M
Property plant equipment - - - 2163.10M 2017.20M
Total current assets 4309.90M 4111.90M 3979.50M 3488.90M 2717.40M
Net tangible assets - - - 1912.10M 1861.50M
Short term investments - - 3.70M 6.00M 8.20M
Net receivables 1076.10M 774.50M 654.30M 600.10M 582.40M
Long term debt 2790.10M 1957.30M 2093.00M 1725.80M 1359.00M
Inventory 2944.50M 2896.90M 2748.70M 2516.40M 1913.60M
Accounts payable 1141.31M 517.90M 560.70M 437.00M 392.80M
Accumulated other comprehensive income 2500.21M 2159.70M 2107.81M - -
Non currrent assets other 5.25M 1.20M 76.60M 6.90M 8.80M
Non current assets total 5918.70M 4442.50M 4259.50M 4042.60M 3542.20M
Capital lease obligations 522.70M 517.80M 473.80M 462.90M 518.40M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments -445.00M -332.10M -564.40M -469.40M 106.50M
Change to liabilities - - - 0.00M 0.00M
Total cashflows from investing activities -804.60M -332.10M -413.60M -469.40M -133.70M
Net borrowings 527.90M 55.40M 158.90M 300.30M -402.30M
Total cash from financing activities -62.00M -598.30M -458.20M -99.90M -706.60M
Net income 835.20M 631.70M 451.73M 1000.90M 593.40M
Change in cash 1.30M -11.70M 117.60M 75.90M -5.40M
Begin period cash flow 276.70M 288.40M 170.80M 94.90M 100.30M
End period cash flow 278.00M 276.70M 288.40M 170.80M 94.90M
Total cash from operating activities 870.90M 916.60M 992.20M 644.80M 833.10M
Depreciation - - 410.56M 386.60M 373.20M
Other cashflows from investing activities 16.60M 20.20M 18.57M - 107.90M
Dividends paid 297.20M 293.50M 326.10M -380.60M -226.80M
Change to inventory -37.50M -44.20M -173.50M -491.40M -26.40M
Other cashflows from financing activities -292.70M -360.20M -94.80M 280.70M -270.20M
Change to netincome - - - - -1.30M
Capital expenditures 376.20M 374.20M 396.30M 335.20M 244.70M
Change in working capital -37.50M -44.20M -147.70M -491.40M -26.40M
Stock based compensation - - 4.80M - -
Other non cash items 73.20M 329.10M 272.81M -251.30M 266.10M
Free cash flow 494.70M 542.40M 595.90M 309.60M 588.40M

Peer Comparison*

Sector: Consumer Defensive Industry: Farm Products

Stock Name
Change
(USD)
Price
(USD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
MNHVF
Mowi ASA
-
-%
23.55 15.54 15.90 1.89 2.37 2.20 9.26
ADM
Archer-Daniels-Midland Company
-0.50
0.71%
69.97 23.66 16.45 0.51 1.77 0.61 12.88
BG
Bunge Global SA
0.56
0.57%
99.10 25.52 14.53 0.35 1.53 0.54 15.43
TSN
Tyson Foods Inc
-0.43
0.72%
59.68 - 24.94 0.34 1.00 0.51 26.68
MHGVY
Mowi ASA ADR
-0.52
2.21%
23.02 15.41 15.80 1.88 2.35 2.19 9.22

Profile*

Mowi ASA

Mowi ASA, a seafood company, produces and sells Atlantic salmon products worldwide. It operates through Feed, Farming, Markets, Consumer Products, and other segments. The company is involved in salmon feed production, salmon farming and primary processing, and seafood secondary processing activities. It offers whole fish, plain and marinated fillets and steaks, hot- and cold-smoked salmon, and burgers and patties, as well as breaded, gravad, and sushi products. The company was formerly known as Marine Harvest ASA and changed its name to Mowi ASA in December 2018. Mowi ASA was founded in 1964 and is based in Bergen, Norway.

Sandviksboder 77A/B, Bergen, Norway, 5035

47 21 56 23 00

12174

Name Title Year Born
Mr. Ivan Vindheim Chief Exec. Officer 1971
Mr. Kristian Ellingsen Chief Financial Officer 1980
Ms. Catarina Martins Chief Sustainability Officer & CTO 1977
Mr. Ola Brattvoll Chief Operating Officer of Sales & Marketing 1968
Ms. Anne Lorgen Riise Chief Human Resource Officer 1971
Mr. Benjamin Hadfield Chief Operating Officer of Farming Scotland, Ireland & Faroes 1976
Mr. Oyvind Oaland Chief Operating Officer of Farming Norway 1970
Mr. Atle Kvist Chief Operating Officer of Feed 1963
Mr. Fernando Villarroel Chief Operating Officer of Farming Americas 1974
Kim Galtung Dosvig Head of Treasury & Investor Relations Officer NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

Support

Hi! How can we help you today?

Loading…