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1 Comment
P/F Bakkafrost is currently in a long term uptrend where the price is trading 15.2% above its 200 day moving average.
From a valuation standpoint, the stock is 94.4% cheaper than other stocks from the Consumer Defensive sector with a price to sales ratio of 6.3.
P/F Bakkafrost's total revenue sank by 29.0% to $1B since the same quarter in the previous year.
Its net income has dropped by 116.5% to $-38M since the same quarter in the previous year.
Finally, its free cash flow fell by 14.6% to $-469M since the same quarter in the previous year.
Based on the above factors, P/F Bakkafrost gets an overall score of 2/5.
ISIN | FO0000000179 |
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Exchange | F |
CurrencyCode | EUR |
Sector | Consumer Defensive |
Industry | Farm Products |
Beta | 0.63 |
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Target Price | None |
Dividend Yield | 2.6% |
Market Cap | 3B |
PE Ratio | 29.37 |
P/F Bakkafrost, together with its subsidiaries, produces and sells salmon products in North America, Western Europe, Eastern Europe, Asia, and internationally. It operates through seven segments: Fishmeal, Fish Oil and Fish Feed; Freshwater Faroe Islands; Freshwater Scotland; Farming Faroe Islands; Farming Scotland; Services; and Sales & Other. The company's products include fresh and frozen whole salmon, fresh and frozen salmon fillets, fresh skin-packed salmon portions, frozen salmon portions and tails, frozen smoked salmon and salmon fillets, frozen salmon bits and pieces, frozen salmon off-cuts and belly flaps, frozen salmon heads, salmon backbones, and salmon skin. It is also involved in the production and sale of fishmeal, fish oil, and fish feed; production of eggs from breeding self-owned salmon strains; production of smolts; and on-growing of salmon. In addition, the company manages a fleet of farming service vessels; provides fish transportation, treatments, net cleaning, harvesting, freight and logistical, and heavy marine support services; converts organic waste into biogas, heating, electricity, and fertilizers; produces styrofoam boxes; and optimizes the value creation and retention from the harvested fish. P/F Bakkafrost was founded in 1968 and is headquartered in Glyvrar, Denmark.
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