P/F Bakkafrost

Consumer Defensive US BKFKF

45.16USD
-2.24(4.73%)

Last update at 2025-06-13T13:30:00Z

Day Range

45.1645.16
LowHigh

52 Week Range

41.7870.36
LowHigh

Fundamentals

  • Previous Close 47.40
  • Market Cap2932.13M
  • Volume6
  • P/E Ratio45.05
  • Dividend Yield2.98%
  • EBITDA1120.03M
  • Revenue TTM7518.76M
  • Revenue Per Share TTM127.12
  • Gross Profit TTM 5318.64M
  • Diluted EPS TTM1.07

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

Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 1690.34M 1137.66M 625.98M 981.92M 1172.07M
Minority interest 0.78M 0.02M 0.00000M 167.62M 167.62M
Net income 1345.11M 964.05M 462.85M 810.27M 960.29M
Selling general administrative 686.18M 629.12M 424.57M 479.98M 339.99M
Selling and marketing expenses 686.18M 629.12M 424.57M 364.29M 249.58M
Gross profit 5103.64M 3976.67M 2759.37M 2807.07M 2402.43M
Reconciled depreciation 537.48M 530.43M 446.76M 310.12M 198.90M
Ebit 1750.48M 1173.33M 662.30M 999.03M 1184.54M
Ebitda 2287.97M 1703.76M 1109.07M 1309.15M 1383.44M
Depreciation and amortization 537.48M 530.43M 446.76M 310.12M 198.90M
Non operating income net other - - - - 0.00000M
Operating income 1750.48M 1173.33M 621.16M 999.03M 1184.23M
Other operating expenses 5361.41M 4439.28M 3966.32M 3505.70M 2002.56M
Interest expense 61.95M 40.61M 36.32M 17.11M 12.48M
Tax provision 346.00M 173.63M 163.14M 180.03M 211.77M
Interest income - 0.47M - - -
Net interest income -68.55300M -50.72600M -52.04300M -24.63200M -13.58600M
Extraordinary items - - - - 0.00000M
Non recurring - - - - 0.00000M
Other items - - - - 0.00000M
Income tax expense 346.00M 173.63M 163.14M 180.03M 211.77M
Total revenue 7129.97M 5553.85M 4651.89M 4511.11M 3177.42M
Total operating expenses 3335.08M 2862.09M 2073.79M 1801.66M 1227.56M
Cost of revenue 2026.33M 1577.18M 1892.53M 1704.04M 775.00M
Total other income expense net -60.15000M -35.66600M 4.83M -17.11500M -12.16700M
Discontinued operations - - - - 0.00000M
Net income from continuing ops 1344.33M 964.04M 462.85M 801.88M 960.29M
Net income applicable to common shares 1345.11M 964.05M 462.85M 810.27M 960.29M
Preferred stock and other adjustments - - - - 0.00000M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 16881.57M 14628.17M 13208.32M 13101.41M 5802.52M
Intangible assets 3928.28M 3828.56M 3828.56M 3828.56M 372.14M
Earning assets - - - - -
Other current assets 7.47M 2448.29M - -0.00100M 0.00100M
Total liab 6485.76M 5280.62M 4478.84M 4604.53M 1725.49M
Total stockholder equity 10392.40M 9347.41M 8729.49M 8329.25M 4077.03M
Deferred long term liab - - - - 0.00000M
Other current liab 100.50M 33.04M 27.89M 23.73M 174.51M
Common stock 59.14M 59.14M 59.14M 59.14M 48.86M
Capital stock 59.14M 59.14M 59.14M 59.14M 48.86M
Retained earnings 4805.44M 4328.80M 4293.44M 3520.56M 2939.24M
Other liab 1825.87M 1593.24M 1222.46M 1126.77M 534.43M
Good will 580.42M 667.17M 664.84M 567.13M 17.61M
Other assets 336.02M 223.35M 35.03M 42.02M 9.20M
Cash 719.60M 509.16M 466.94M 1309.55M 316.89M
Cash and equivalents - - - - -
Total current liabilities 923.24M 806.66M 770.21M 924.95M 379.01M
Current deferred revenue 237.78M 175.60M 47.13M 208.98M -
Net debt 3123.26M 2459.23M 2149.32M 1352.08M 495.16M
Short term debt 106.22M 87.67M 131.34M 107.81M 0.00000M
Short long term debt - - - - 0.00000M
Short long term debt total 3842.86M 2968.39M 2616.26M 2661.62M 812.05M
Other stockholder equity 5527.82M 4959.47M 4376.91M 4749.55M 1088.93M
Property plant equipment 6085.71M 5190.88M 4573.79M 4113.32M 2884.32M
Total current assets 5716.93M 4568.98M 3983.64M 4431.30M 2406.49M
Long term investments - - - 119.08M 112.77M
Net tangible assets 5883.70M 4851.69M 4236.09M 3933.57M 3687.28M
Short term investments - - -8.10100M -4.42200M 0.00000M
Net receivables 808.75M 902.23M 623.65M 671.51M 292.28M
Long term debt 3383.29M 2634.97M 2219.69M 2328.23M 812.05M
Inventory 4012.83M 3157.60M 2893.06M 2450.24M 1797.31M
Accounts payable 478.75M 510.36M 563.86M 584.43M 204.50M
Total permanent equity - - - - 0.00000M
Noncontrolling interest in consolidated entity - - - - 0.00000M
Temporary equity redeemable noncontrolling interests - - - - 0.00000M
Accumulated other comprehensive income - - - - 0.00000M
Additional paid in capital - - - - 0.00000M
Common stock total equity - - - - 0.00000M
Preferred stock total equity - - - - 0.00000M
Retained earnings total equity - - - - 0.00000M
Treasury stock - - - - 0.00000M
Accumulated amortization - - - - 0.00000M
Non currrent assets other 234.21M 157.33M 0.00100M 0.00100M 121.97M
Deferred long term asset charges - - - - 0.00000M
Non current assets total 11164.64M 10059.18M 9224.68M 8670.11M 3396.04M
Capital lease obligations 459.57M 333.42M 396.57M 333.39M 0.00000M
Long term debt total - - - - 0.00000M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -1254.59700M 2.77M 1.84M 3.99M -26.89600M
Change to liabilities 0.00000M 0.00000M 0.00000M 0.00000M 0.00000M
Total cashflows from investing activities -1254.59700M -1112.23900M -816.12800M -4601.24600M -530.74600M
Net borrowings 618.33M 287.70M -242.02000M 1175.33M 146.78M
Total cash from financing activities 263.19M 29.90M -500.44900M 4557.49M -374.84800M
Change to operating activities 276.25M 275.10M -23.95000M 156.81M 42.16M
Net income 1826.15M 1144.68M 691.12M 1019.22M 1184.23M
Change in cash 210.45M 42.22M -842.60700M 992.65M 7.34M
Begin period cash flow 509.16M 466.94M 1309.55M 316.89M 309.55M
End period cash flow 719.60M 509.16M 466.94M 1309.55M 316.89M
Total cash from operating activities 1201.86M 1124.55M 473.97M 1036.41M 912.94M
Issuance of capital stock - - 0.00000M 3799.49M 2.63M
Depreciation 537.48M 530.40M 446.41M 310.12M 198.90M
Other cashflows from investing activities 8.10M -0.00100M -0.00100M 4.24M 4.24M
Dividends paid 304.00M 215.87M 215.87M 401.51M 510.68M
Change to inventory -576.84100M 142.31M -309.87300M -181.29500M -198.98100M
Change to account receivables -208.95100M -493.83100M 48.25M -261.36900M 103.44M
Sale purchase of stock - - -38.76600M - 0.00000M
Other cashflows from financing activities 567.18M 245.78M -461.68300M 1159.52M 133.20M
Change to netincome -171.18900M -293.47700M -149.71200M 201.88M -192.86600M
Capital expenditures 1235.68M 1115.68M 836.38M 702.17M 526.01M
Change receivables - - - - 0.00000M
Cash flows other operating - - - - 0.00000M
Exchange rate changes - - - - 0.00000M
Cash and cash equivalents changes - - - - 0.00000M
Change in working capital -509.54500M -76.41800M -285.57100M -285.85300M -53.38700M
Stock based compensation - - - - -
Other non cash items -114.75200M 56.29M 68.42M 303.04M -217.90900M
Free cash flow -33.82400M 8.87M -362.41300M 334.23M 386.93M

Peer Comparison

Sector: Consumer Defensive Industry: Farm Products

Company 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)
BKFKF
P/F Bakkafrost
-2.24 4.73% 45.16 45.05 15.06 0.39 1.87 0.46 2.70
ADM
Archer-Daniels-Midland Company
2.29 4.62% 51.95 14.60 10.52 0.28 1.12 0.40 8.49
TSN
Tyson Foods Inc
-0.48 0.86% 55.19 - 24.94 0.34 1.00 0.51 26.68
BG
Bunge Limited
5.13 6.67% 82.17 10.84 10.76 0.22 1.16 0.29 5.96
MNHVF
Mowi ASA
- -% 18.44 19.37 9.03 1.64 2.33 2.08 8.19

Reports Covered

Stock Research & News

Profile

P/F Bakkafrost, together with its subsidiaries, produces and sells salmon products under the Bakkafrost and Havsbrún brands in North America, Western Europe, Eastern Europe, Asia, and internationally. It operates through four segments: Farming FO; Farming SCT; Value Added Products; and Fishmeal, Oil and Fish Feed. The company is involved in the breeding and on-growing of salmon; harvesting, sale, and distribution of salmon; salmon farming, harvest, filleting, sales, and administration; and production of skinless and boneless portions of salmon. It also produces and sells fishmeal, fish oil, and fish feed. In addition, it engages in production of styrofoam boxes, and biogas and fertilizer; and operates trading of fishes, lumpfish farming business, and freight transportation of goods, as well as produce and sell canned fish products. P/F Bakkafrost was founded in 1968 and is headquartered in Glyvrar, Denmark.

P/F Bakkafrost

Bakkavegur 9, Glyvrar, Denmark, 625

Key Executives

Name Title Year Born
Ms. Annika Frederiksberg Sales Mang. & Director 1971
Mr. Johan Regin Jacobsen Chief Exec. Officer 1966
Mr. Hogni Dahl Jakobsen Chief Financial Officer 1972
Mr. Símun Peter Jacobsen Sr. Sales Mang. 1963
Mr. Heini Kristiansen Group Human Resource Mang. 1986
Mr. Odd Eliasen MD of Havsbrún & CEO of The Scottish Salmon Company Plc 1965

Disclaimer - This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on ‘as is’ basis, using their API. The information and data provided on this page, as well as via the API, are not guaranteed to be real-time or accurate. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general informational purposes. This information does not consider your personal objectives, financial situation, or needs. Kalkine does not assume any responsibility for any trading losses you might incur as a result of using this information, data, or any analyst rating or recommendation provided. Kalkine will not accept any liability for any loss or damage resulting from reliance on the information, including but not limited to data, quotes, charts, analyst ratings, recommendations, and buy/sell signals sourced via the API. Please be fully informed about the risks and costs associated with trading in the financial markets, as it is one of the riskiest forms of investment. Kalkine does not provide any warranties regarding the information on this page, including, without limitation, warranties of merchantability or fitness for a particular purpose or use.