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Diversified Norwegian seafood holding company with pelagic fishing, fishmeal/fish oil production and a salmon farming stake.
Diversified Norwegian seafood holding company with pelagic fishing, fishmeal/fish oil production and a salmon farming stake.
Earns from three seafood lines: salmon through its listed Leroy Seafood holding, fishmeal and fish oil sold to fish-feed makers, and fish caught and sold for food. Its Peruvian anchovy business, Austral Group, adds fishmeal and fish oil. The Mogster family is its controlling shareholder.
In one line: A diversified Norwegian seafood holding company (fishmeal, pelagic fish, salmon).
Moat: narrow (scale, regulatory licence). Fishing quota rights and vertically integrated fishmeal/fish oil processing scale.
Headquarters: Storebo, Norway · Founded: 1981 · Employees: 7,910
Size Austevoll Seafood (AUSS.OL) is a Norway Consumer Staples company (Food: Meat/Fish/Dairy) with a market value of $1.79B, the 47th largest of 115 Norway companies the cockpit tracks. Shares closed at NOK 82.30 on 6 Nov 2026.
Performance Over six months the shares fell 8.2%, against -0.6% for the median peer and +2.7% for the Norway market (cap-weighted) — 6th lowest of 20 in its peer set.
Growth Revenue fell 1.0% over the last twelve months (peer median +6.5%); the operating margin is 6.8% (peer median 2.9%).
Valuation It trades at 11.4× forward earnings against a peer median of 23.1× (4th cheapest of 16).
Price implies For today's price to make sense, revenue must grow about 3% a year for seven years (Req g). Recent delivered growth is +12%, so the hurdle is -9 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 2.0 points below its cost of capital (6.8% WACC).
Next results Next results expected around 10 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | NOK 37.7B | NOK 39.3B | NOK 35.4B | NOK 33.7B | NOK 31.2B |
| Revenue growth | — | +11% | +5% | +8% | — |
| Gross profit | NOK 2.62B | NOK 2.73B | NOK 3.73B | NOK 3.18B | NOK 4.07B |
| EBITDA | NOK 4.93B | NOK 5.01B | NOK 5.79B | NOK 5.08B | NOK 5.80B |
| Net income | NOK 758M | NOK 449M | NOK 2.75B | NOK 292M | NOK 2.49B |
| Free cash flow | NOK 2.95B | NOK 2.00B | NOK 214M | NOK 873M | NOK 1.13B |
| Capital expenditure | NOK 1.60B | NOK 2.28B | NOK 2.28B | NOK 1.97B | NOK 1.83B |
| Total debt | NOK 15.3B | NOK 15.8B | NOK 15.9B | NOK 13.9B | NOK 11.4B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Austevoll Seafood AUSS.OL | $1.79B | -8% | -1% | 7% | 11.4× | 2.5% |
| Leroy Seafood LSG.OL | $2.74B | -2% | +1% | 6% | 14.6× | 7.7% |
| Mowi MOWI.OL | $12.4B | +12% | +10% | 13% | 17.8× | 7.5% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | AUSS.OL | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +1.5% | +0.9% | 9th highest of 21 |
| 6-month return | -8.2% | -0.6% | 6th lowest of 20 |
| Distance from 52-week high | -22.2% | -17.5% | 6th lowest of 21 |
| Revenue growth (TTM) | -1.0% | +6.5% | 3rd lowest of 21 |
| Operating margin | 6.8% | 2.9% | 5th highest of 21 |
| Forward P/E | 11.4× | 23.1× | 4th cheapest of 16 |
| Growth the price implies (Req g, 7 yrs) | 2.5% | 7.7% | 5th least demanding of 14 |
| Growth delivered (Del g) | +11.9% | +10.7% | 5th highest of 14 |
| Hurdle (Req g minus delivered) | -9.3 pp | -1.0 pp | 2nd least demanding of 14 |
| ROIC minus cost of capital | -2.0 pp | -1.0 pp | 7th lowest of 21 |
| EV / EBITDA | 7.8× | 9.3× | 6th cheapest of 14 |
| Net debt / EBITDA | 2.2× | 1.8× | 8th most indebted of 17 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Austevoll Seafood AUSS.OL | Norway | $1.79B | -8% | -1% | 7% | 11.4× | 2.5% | +11.9% |
| Bell Food BELL.SW | Switzerland | $1.98B | +42% | +2% | 3% | 10.9× | 2.9% | +4.0% |
| Shanghai Milkground Food Tech 600882.SS | China | $1.55B | -1% | +26% | 4% | 32.0× | 11.1% | +14.7% |
| Ezaki Glico 2206.T | Japan | $2.07B | -11% | +10% | 3% | 35.7× | 7.5% | +1.0% |
| Itoham Yonekyu 2296.T | Japan | $1.53B | -13% | +3% | 3% | 13.2× | n/a | n/a |
| Fraser & Neave F99.SI | Singapore | $1.53B | -8% | -3% | 10% | n/a | 0.1% | +4.8% |
| China Youran Dairy 9858.HK | Hong Kong | $2.15B | -4% | +7% | -2% | 8.0× | 17.8% | +11.1% |
| Morinaga Milk Industry 2264.T | Japan | $2.21B | -9% | +2% | 6% | 14.4× | n/a | n/a |
| New Hope Dairy 002946.SZ | China | $2.22B | -13% | +7% | 9% | 17.6× | 1.9% | +10.7% |
| Bright Dairy & Food 600597.SS | China | $1.43B | -6% | -3% | 0% | 30.6× | 18.8% | -1.1% |
| Bega Cheese BGA.AX | Australia | $1.36B | +23% | +7% | 3% | 24.9× | 18.4% | +12.7% |
| MEGMILK SNOW BRAND 2270.T | Japan | $1.36B | +12% | 0% | 3% | 7.5× | n/a | n/a |
| Scandi Standard SCST.ST | Sweden | $1.35B | +38% | +8% | 5% | 27.2× | 1.8% | +7.2% |
| Milky Mist Dairy Food MILKYMIST.NS | India | $2.42B | n/a | +34% | 8% | 79.2× | n/a | n/a |
| Hatsun Agro Product HATSUN.NS | India | $2.52B | +8% | +18% | 5% | 49.8× | 25.4% | +12.4% |
| Zhejiang Yiming Food 605179.SS | China | $1.27B | +22% | 0% | 2% | n/a | n/a | n/a |
| Leroy Seafood LSG.OL | Norway | $2.74B | -2% | +1% | 6% | 14.6× | 7.7% | +11.5% |
| Shandong Oriental Ocean Sci-Tech 002086.SZ | China | $1.17B | +94% | +6% | -35% | n/a | n/a | n/a |
| NewPrinces NWL.MI | Italy | $1.16B | +40% | +81% | 1% | n/a | 0.6% | +44.5% |
| Bakkafrost P/F BAKKA.OL | Norway | $2.77B | +4% | +7% | 14% | 23.1× | 9.5% | +10.1% |
| Umios 1333.T | Japan | $1.14B | -10% | +3% | 3% | n/a | n/a | n/a |