Risk factor
Considerable default risk
Profitability factor
Strong growth
About
NTS ASA, an integrated aquaculture company, engages in the aquaculture, well-boat, shipping, and service vessels businesses in Norway. It produces salmon; provides well-boat shipping services; and transports fish and fish products by sea and land. The company also supplies various safety systems for boats, fish farms, and land customers; and provides preparation, implementation, and maintenance services for management systems and security management systems. It operates 15 connections, including 10 ferry connections, 4 high-speed boat routes, and 1 local boat route. The company was founded in 1879 and is headquartered in Rørvik, Norway. As of April 29, 2022, NTS ASA operates as a subsidiary of SalMar ASA.
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers. Specifically, the stock is 'expensive' on P/E, overvalued on EV/EBI