Lerøy Seafood Group ASA/Nkr LSG
1D1W1MYTD1Y5YMAX
Capital at risk
About Lerøy Seafood Group ASA
Lerøy Seafood Group ASA is a Norwegian seafood company that operates primarily in the aquaculture and seafood processing industry. The company engages in the farming, processing, packaging, and distribution of seafood products, with a strong emphasis on salmon and trout. Established in 1899, Lerøy has a long history of seafood production and has expanded its operations to include value-added products and services. The company is headquartered in Bergen, Norway, and has a global presence, exporting products to numerous international markets. Its strategic strengths include vertically integrated operations and a commitment to sustainable and efficient production practices.
- Ticker
- Nkr LSG
- Sector
- Consumer Essentials
- Primary listing
- XOSL
- Employees
- 6,000
- Headquarters
- Bergen, Norway
- Website
- www.leroyseafood.com
LSG Metrics
BasicAdvanced
kr 25B
35.14
kr 1.21
0.60
kr 2.50
5.88%
Price and volume
Market cap
kr 25B
Beta
0.6
52-week high
kr 52.40
52-week low
kr 37.74
Average daily volume
628K
Dividend rate
kr 2.50
Financial strength
Current ratio
1.759
Quick ratio
0.722
Long term debt to equity
0.438
Total debt to equity
0.708
Dividend payout ratio (TTM)
211.98%
Interest coverage (TTM)
2.50%
Profitability
EBITDA (TTM)
3,122.925
Gross margin (TTM)
46.49%
Net profit margin (TTM)
2.12%
Operating margin (TTM)
5.79%
Effective tax rate (TTM)
25.82%
Revenue per employee (TTM)
kr 5,590,000
Management effectiveness
Return on assets (TTM)
3.10%
Return on equity (TTM)
4.01%
Valuation
Price to earnings (TTM)
35.145
Price to revenue (TTM)
0.741
Price to book
1.46
Price to tangible book (TTM)
2.92
Price to free cash flow (TTM)
8.842
Free cash flow yield (TTM)
11.31%
Free cash flow per share (TTM)
4.806
Dividend yield (TTM)
5.88%
Forward dividend yield
5.88%
Growth
Revenue change (TTM)
1.27%
Earnings per share change (TTM)
-44.28%
3-year revenue growth (CAGR)
4.76%
10-year revenue growth (CAGR)
8.43%
3-year earnings per share growth (CAGR)
5.66%
10-year earnings per share growth (CAGR)
-10.52%
10-year dividend per share growth (CAGR)
7.62%
Bulls say / Bears say
Farming biology is improving, with high survival, falling costs and lower expected cost per kilo in 2026. The cost programme should also cushion the expected rise in feed costs in 2027. (Inderes)
The salmon market could become more supportive in the second half of 2026, as supply growth slows while demand continues to rise in key markets. A tighter market would give Lerøy more scope to improve prices and margins. (Inderes)
Wild Catch is providing a stronger earnings offset: Lerøy raised its 2026 operational EBIT guidance for the segment to NOK400–450 million from NOK350–400 million. Group operating cash flow also rose to NOK1.35 billion in the second quarter, supporting financial flexibility. (Inderes)
Core earnings weakened in the second quarter: operational EBIT fell 16% year on year to NOK574 million, while salmon and trout harvest volume fell 8%. Market Operations EBIT also dropped to NOK269 million from NOK351 million, showing that the integrated model has not yet protected group margins. (Inderes)
Production remains exposed to biological and input-cost shocks. Very low sea temperatures reduced expected growth at Lerøy Sjøtroll, while management expects higher feed costs in 2027 and says less favourable contracts and a stronger Norwegian krone hurt first-half profitability. (Salmon Business, Inderes)
The shares may offer only a limited valuation cushion if the recovery is delayed. A recent review put the price near NOK43.30 against a NOK49.50 fair-value estimate, while also noting a P/E above both the European food-sector and peer averages. (Simply Wall St News)
Data summarised monthly by Lightyear AI. Last updated on 17 Sept 2026.
Upcoming events
No upcoming events
Funds containing LSG
AllEURGBPUSD
Fund name | Fund size | Nkr LSG weighting |
|---|---|---|
Xtrackers MSCI Europe Small Cap€DX2J | €3.2B | 0.08% |
Xtrackers MSCI Europe Small Cap£XXSC | £2.8B | 0.08% |
WisdomTree Global Quality Dividend Growth£GGRG | £1.9B | 0.04% |
L&G Global Quality Dividends£LDGG | £279M | 0.02% |
iShares MSCI World Small Cap$WSML | $9B | 0.01% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.