SalMar ASA/Nkr SALM
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About SalMar ASA
SalMar ASA is a prominent company in the aquaculture industry, with its core business focused on the farming and sale of Atlantic salmon. Established in 1991, SalMar has been involved in the entire value chain from broodstock and smolt production to processing and sales. The company is known for its innovative approach to sustainable salmon farming, investing in technology and methods that enhance production efficiency while reducing environmental impact. SalMar operates primarily in Norway, with its headquarters located in Kverva. Its strategic strengths include a vertically integrated business model and a commitment to sustainable practices, which position it well within the competitive landscape of salmon producers.
- Ticker
- Nkr SALM
- Sector
- Consumer Essentials
- Primary listing
- XOSL
- Employees
- 3,320
- Headquarters
- Kverva, Norway
- Website
- www.salmar.no
SalMar ASA Metrics
BasicAdvanced
kr 77B
35.24
kr 16.23
0.66
kr 10.00
1.75%
Price and volume
Market cap
kr 77B
Beta
0.66
52-week high
kr 627.00
52-week low
kr 448.00
Average daily volume
175K
Dividend rate
kr 10.00
Financial strength
Current ratio
1.46
Quick ratio
0.261
Long term debt to equity
0.858
Total debt to equity
1.115
Dividend payout ratio (TTM)
131.45%
Interest coverage (TTM)
3.40%
Profitability
EBITDA (TTM)
6,313
Gross margin (TTM)
46.92%
Net profit margin (TTM)
7.32%
Operating margin (TTM)
15.69%
Effective tax rate (TTM)
30.40%
Revenue per employee (TTM)
kr 9,050,000
Management effectiveness
Return on assets (TTM)
5.23%
Return on equity (TTM)
11.92%
Valuation
Price to earnings (TTM)
35.236
Price to revenue (TTM)
2.58
Price to book
4.4
Price to tangible book (TTM)
-15.34
Price to free cash flow (TTM)
12.879
Free cash flow yield (TTM)
7.76%
Free cash flow per share (TTM)
44.413
Dividend yield (TTM)
1.75%
Forward dividend yield
1.75%
Growth
Revenue change (TTM)
18.87%
Earnings per share change (TTM)
89.34%
3-year revenue growth (CAGR)
8.09%
10-year revenue growth (CAGR)
13.89%
3-year earnings per share growth (CAGR)
17.07%
10-year earnings per share growth (CAGR)
0.63%
3-year dividend per share growth (CAGR)
-20.63%
What the Analysts think about SalMar ASA
Analyst ratings (Buy, Hold, Sell) for SalMar ASA stock.
Analyst projections of the future price of SalMar ASA stock.
Bulls say / Bears say
Record biological performance in Norway helped SalMar raise its 2026 harvest guidance to 350,000 tonnes, 16% above 2025. Higher volumes and healthier fish give the business room to grow. (SalMar)
First-half operational EBIT more than doubled year on year, with lower costs and better price realisation lifting earnings despite lower average salmon prices. SalMar expects further cost reductions as lower-cost fish are harvested. (SalMar)
The planned Måsøval acquisition could expand SalMar’s Central Norway footprint and deliver estimated annual operating cost synergies of NOK 300 million. Completion is expected only after regulatory approvals, so the benefits are not yet secured. (SalMar)
Lower salmon prices and an unfavourable harvest schedule cut SalMar’s Q2 price achievement by NOK 740 million compared with Q1, dragging down quarterly operating EBIT despite higher volumes. This shows how quickly market prices and harvest timing can offset production growth. (SalMar)
In Q3, harvesting in Central Norway was affected by ISA and fish-welfare considerations, which the company said also affected costs. Disease-related disruptions could therefore undermine the recent improvement in biological performance. (SalMar)
Icelandic Salmon and Scottish Sea Farms delivered weak Q2 results, with SalMar citing high costs across both value chains. These businesses remain a drag on group performance while their cost base stays elevated. (SalMar)
Data summarised monthly by Lightyear AI. Last updated on 19 Oct 2026.
SalMar ASA Financial Performance
Revenues and expenses
SalMar ASA Earnings Performance
Company profitability
Upcoming events
No upcoming events
Funds containing SalMar ASA
AllUSDEURGBP
Fund name | Fund size | Nkr SALM weighting |
|---|---|---|
iShares Agribusiness$ISAG | $494M | 1.01% |
iShares Agribusiness£SPAG | $494M | 1.01% |
iShares Agribusiness€ISAE | $491M | 1.01% |
iShares STOXX Europe 600 Food & Beverage€EXH3 | €319M | 0.90% |
Xtrackers MSCI Nordic£XDN0 | €1.1B | 0.28% |
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.