Risk factor
Very poor trading liquidity
Profitability factor
Very low or no dividends
About
Operating as a subsidiary of SalMar ASA, Icelandic Salmon AS is primarily engaged in the aquaculture of salmon, extending its activities to the preparation, creation, and international sale of a diverse range of seafood and related products. The company, which originated in 2009, transitioned its corporate identity from Arnarlax AS to Icelandic Salmon AS in October 2020. Its main administrative office is situated in Kverva, Norway.
Company Valuation
Based on key historical and expected multiples, the stock is overvalued relative to its peers. In particular, the stock is 'expensive' on EV/EBITDA.
Target Price
The average target price of ISLAX.OL is 68.2 and suggests 17.7% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to