Ice Fish Farm AS Logo

Ice Fish Farm AS

IFISH.OL

(2.0)
Stock Price

29,00 NOK

1.04% ROA

1.01% ROE

105.39x PER

Market Cap.

3.545.569.000,00 NOK

51.16% DER

0% Yield

4.28% NPM

Ice Fish Farm AS Stock Analysis

Ice Fish Farm AS Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Ice Fish Farm AS Fundamental Stock Analysis
# Analysis Rating
1 PBV

The stock's low PBV ratio (0.93x) suggests it's undervalued, making it an attractive opportunity for investors.

2 DER

The stock has a minimal amount of debt (33%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

3 Assets Growth

With continuous growth in revenue over the last five years, this company has proven to be a lucrative investment option, showcasing its strong financial performance.

4 ROE

The stock's ROE falls within an average range (2.04%), demonstrating satisfactory profitability and efficiency in utilizing shareholders' equity.

5 ROA

The stock's ROA (2.28%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

6 Revenue Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

7 Net Profit Growth

Throughout the last five years, this company's net profit has remained unchanged, indicating a lack of growth and making it a less favorable investment option.

8 Graham Number

The Graham number analysis indicates that this company's stock price is likely overpriced, raising concerns about its investment potential.

9 Dividend Growth

Investors should note the company's stagnant dividend growth over the past three years, indicating limited profitability and potentially diminishing returns.

10 Dividend

The company has not distributed any dividends in the past three years, which may raise concerns for investors looking for regular income from their investments.

11 Buffet Intrinsic Value

Warren Buffett's formula suggests that the company's stock is overpriced (14), presenting a possible disadvantage for investors as its market price surpasses its estimated intrinsic value.

Ice Fish Farm AS Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Ice Fish Farm AS Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Sell
3 RSI Hold
4 Stoch RSI Hold

Ice Fish Farm AS Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Ice Fish Farm AS Revenue
Year Revenue Growth
2017 106.294.166
2018 197.130.229 46.08%
2019 293.830.989 32.91%
2020 283.463.000 -3.66%
2021 322.764.000 12.18%
2022 669.538.000 51.79%
2023 67.020.000 -899.01%
2023 448.682.000 85.06%
2024 174.124.000 -157.68%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Ice Fish Farm AS Research and Development Expenses
Year Research and Development Expenses Growth
2017 0
2018 0 0%
2019 327.000 100%
2020 48.000 -581.25%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Ice Fish Farm AS General and Administrative Expenses
Year General and Administrative Expenses Growth
2017 0
2018 0 0%
2019 0 0%
2020 3.134.000 100%
2021 2.486.000 -26.07%
2022 9.372.000 73.47%
2023 0 0%
2023 23.369.000 100%
2024 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Ice Fish Farm AS EBITDA
Year EBITDA Growth
2017 -26.462.830
2018 25.715.999 202.9%
2019 38.255.700 32.78%
2020 73.694.000 48.09%
2021 82.871.000 11.07%
2022 -17.264.000 580.02%
2023 206.212.000 108.37%
2023 153.181.000 -34.62%
2024 -29.248.000 623.73%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Ice Fish Farm AS Gross Profit
Year Gross Profit Growth
2017 28.312.822
2018 78.939.859 64.13%
2019 93.873.057 15.91%
2020 144.880.000 35.21%
2021 156.511.000 7.43%
2022 253.721.000 38.31%
2023 721.212.000 64.82%
2023 260.936.000 -176.39%
2024 372.024.000 29.86%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Ice Fish Farm AS Net Profit
Year Net Profit Growth
2017 -37.515.221
2018 1.005.959 3829.3%
2019 5.255.731 80.86%
2020 38.430.000 86.32%
2021 19.942.000 -92.71%
2022 -57.782.000 134.51%
2023 -34.520.000 -67.39%
2023 67.388.000 151.23%
2024 -214.804.000 131.37%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Ice Fish Farm AS Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2017 -1
2018 0 0%
2019 0 0%
2020 1 0%
2021 0 0%
2022 -1 0%
2023 0 0%
2023 1 0%
2024 -2 100%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Ice Fish Farm AS Free Cashflow
Year Free Cashflow Growth
2017 -71.319.158
2018 -97.293.253 26.7%
2019 -50.408.827 -93.01%
2020 -150.479.000 66.5%
2021 -307.149.000 51.01%
2022 -138.886.000 -121.15%
2023 -823.846.000 83.14%
2023 -239.558.000 -243.9%
2024 -192.700.000 -24.32%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Ice Fish Farm AS Operating Cashflow
Year Operating Cashflow Growth
2017 -50.510.895
2018 -48.151.640 -4.9%
2019 30.088.922 260.03%
2020 -16.125.000 286.6%
2021 1.305.000 1335.63%
2022 4.410.000 70.41%
2023 -594.009.000 100.74%
2023 -188.597.000 -214.96%
2024 -110.401.000 -70.83%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Ice Fish Farm AS Capital Expenditure
Year Capital Expenditure Growth
2017 20.808.263
2018 49.141.613 57.66%
2019 80.497.749 38.95%
2020 134.354.000 40.09%
2021 308.454.000 56.44%
2022 143.296.000 -115.26%
2023 229.837.000 37.65%
2023 50.961.000 -351.01%
2024 82.299.000 38.08%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Ice Fish Farm AS Equity
Year Equity Growth
2017 150.128.979
2018 718.432.000 79.1%
2019 222.742.977 -222.54%
2020 1.069.166.000 79.17%
2021 1.121.341.000 4.65%
2022 2.281.363.000 50.85%
2023 3.245.861.000 29.71%
2023 3.364.370.000 3.52%
2024 3.320.240.000 -1.33%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Ice Fish Farm AS Assets
Year Assets Growth
2017 339.968.887
2018 1.044.194.000 67.44%
2019 555.101.017 -88.11%
2020 1.467.675.000 62.18%
2021 1.713.132.000 14.33%
2022 3.682.692.000 53.48%
2023 4.899.921.000 24.84%
2023 5.053.225.000 3.03%
2024 5.460.630.000 7.46%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Ice Fish Farm AS Liabilities
Year Liabilities Growth
2017 189.839.906
2018 325.762.000 41.72%
2019 332.358.039 1.98%
2020 398.509.000 16.6%
2021 591.791.000 32.66%
2022 1.401.329.000 57.77%
2023 1.654.060.000 15.28%
2023 1.688.855.000 2.06%
2024 2.140.390.000 21.1%

Ice Fish Farm AS Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
6.43
Net Income per Share
0.28
Price to Earning Ratio
105.39x
Price To Sales Ratio
4.51x
POCF Ratio
-11.15
PFCF Ratio
-5.82
Price to Book Ratio
1.07
EV to Sales
6.57
EV Over EBITDA
29.87
EV to Operating CashFlow
-16.24
EV to FreeCashFlow
-8.47
Earnings Yield
0.01
FreeCashFlow Yield
-0.17
Market Cap
3,55 Bil.
Enterprise Value
5,16 Bil.
Graham Number
12.95
Graham NetNet
-9.85

Income Statement Metrics

Net Income per Share
0.28
Income Quality
-19.1
ROE
0.01
Return On Assets
0.01
Return On Capital Employed
0.01
Net Income per EBT
0.92
EBT Per Ebit
0.81
Ebit per Revenue
0.06
Effective Tax Rate
0.09

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.6
Operating Profit Margin
0.06
Pretax Profit Margin
0.05
Net Profit Margin
0.04

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
0
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
-2.6
Free CashFlow per Share
-4.99
Capex to Operating CashFlow
-0.92
Capex to Revenue
0.37
Capex to Depreciation
2.29
Return on Invested Capital
0.01
Return on Tangible Assets
0.01
Days Sales Outstanding
41.03
Days Payables Outstanding
416.34
Days of Inventory on Hand
1862.76
Receivables Turnover
8.9
Payables Turnover
0.88
Inventory Turnover
0.2
Capex per Share
2.39

Balance Sheet

Cash per Share
0,63
Book Value per Share
27,16
Tangible Book Value per Share
8.98
Shareholders Equity per Share
27.09
Interest Debt per Share
15
Debt to Equity
0.51
Debt to Assets
0.31
Net Debt to EBITDA
9.36
Current Ratio
3.02
Tangible Asset Value
1,10 Bil.
Net Current Asset Value
-0,39 Bil.
Invested Capital
4881871000
Working Capital
1,17 Bil.
Intangibles to Total Assets
0.41
Average Receivables
0,10 Bil.
Average Payables
0,29 Bil.
Average Inventory
1476745500
Debt to Market Cap
0.48

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Ice Fish Farm AS Dividends
Year Dividends Growth

Ice Fish Farm AS Profile

About Ice Fish Farm AS

Ice Fish Farm AS engages in the salmon farming business in Iceland. It also operates smolt stations. The company was incorporated in 2020 and is headquartered in Seltjarnarnes, Iceland. Ice Fish Farm AS is a subsidiary of Måsøval Eiendom AS.

CEO
Mr. Roy-Tore Rikardsen
Employee
175
Address
Nesbala 122
Seltjarnarnes, 170

Ice Fish Farm AS Executives & BODs

Ice Fish Farm AS Executives & BODs
# Name Age
1 Johannes Sigurosson
Chief Operating Officer of Land South
70
2 Mr. Roy-Tore Rikardsen
Chief Executive Officer
70
3 Fannar Porvaldsson
Chief Operating Officer of Land North
70
4 Kjartan Lindbol
Chief Operating Officer of SEA
70
5 Robert Robertsson
Chief Financial Officer
70
6 Jens Garðar Helgason
Deputy Chief Executive Officer
70
7 Elis H. Gretarsson
Chief Operating Officer of Harvesting
70

Ice Fish Farm AS Competitors

Icelandic Salmon AS Logo
Icelandic Salmon AS

ISLAX.OL

(2.5)
Arctic Fish Holding AS Logo
Arctic Fish Holding AS

AFISH.OL

(1.5)
Salmon Evolution ASA Logo
Salmon Evolution ASA

SALME.OL

()
Grieg Seafood ASA Logo
Grieg Seafood ASA

GSF.OL

(1.5)
Atlantic Sapphire ASA Logo
Atlantic Sapphire ASA

ASA.OL

(1.5)