Mowi (MOWI.OL)

Consumer · Oslo Bors · Europe

kr197.90+1.18% today

Fundamentals

Market capkr97.92B

P/E ratio10.0

Dividend yield3.63%

Revenue growth (YoY)+14.1%

Profit margin14.3%

Return on equity19.5%

52-week rangekr179.40 to kr245.80

Next earnings2026-05-13

Valuation and ratings

DCF fair valuekr408.54

Upside to fair value+106.4%

Analyst target (mean)kr234.74

Analyst rangekr196.94 to kr259.48

Analysts covering10

Consensus viewbuy

Moat score72/100

Overall rating85/100, Strong Buy

Mowi trades at kr197.90, which is 106% below the kr408.54 our discounted cash flow model puts on the business. On that measure alone it screens as undervalued, though a DCF is an argument rather than a measurement, and the market is frequently right about why something is cheap.

Our moat model scores it 72 out of 100, which is a wide moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.

It changes hands at 10.0 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.

About Mowi

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.

Industry: Farm ProductsEmployees: 12,174HQ: Norway

MOWI.OL passes 6 of our 30 screens today

Each screen prints the exact criteria it used, and the circumstances in which it is wrong.

Undervalued on cash flow

Companies trading at least 25% below what our discounted cash flow model says the future cash is worth today.

Quality at a fair price

Good businesses, not cheap ones. A wide moat and a strong rating, at a multiple that has not run away.

Deep value, with a pulse

A very low earnings multiple is usually a warning. This screen demands a low multiple AND evidence the business still works.

Dividend powerhouses

Yields above 3%, filtered for the one thing yield screens never check: whether the company can actually afford it.

Growing dividend payers

A modest yield attached to a growing business beats a large yield attached to a shrinking one, every time, over any horizon that matters.

Growth at a reasonable price

Real growth, without the multiple that usually comes attached to it. The middle ground between value and growth, and the hardest place to find anything.

Common questions

Is Mowi (MOWI.OL) undervalued?

Against our discounted cash flow estimate of kr408.54, MOWI.OL at kr197.90 is 106% below fair value. That is one model's answer, not a recommendation, and most of a DCF's output sits in a terminal value nobody can forecast.

What is MOWI.OL's P/E ratio?

MOWI.OL trades at 10.0 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.

The full research page for MOWI.OL, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.

Open MOWI.OL in the app Free guides and screens

Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.