Mowi ASA chart

Last update: 2022-12-02
Key statistics and financials
Revenue per share 8.72
Dividend & YieldN/A£ (N/A)
Beta 0.87
Market capitalization 1.14B
Operating cash flow 798.3M
ESG Scores 25.9

Company description

Mowi ASA, a seafood company, produces and supplies farmed salmon products worldwide. The company operates through three segments: Feed, Farming, and Sales and Marketing. It is involved in the salmon feed production, salmon farming and primary processing, and seafood secondary processing activities. The company offers whole gutted fish, including Label Rouge and organic salmon; and white fish and other seafood products, as well as fillets, steaks, cutlets, portions, loins, kebabs, and steak combos. It also provides value added products, such as breaded, pre-fried, dusted, marinated, grilled, battered, topped, filled with sauce, delicatessen, fresh fish ready meal, and smoked fish products. The company offers its products under the Mowi, Mowi Salmon, Donegal Silver, Admiral's, Pieters, Laschinger, Kritsen, Ducktrap River, Harbour Salmon Co., Rebel Fish, Supreme Salmon, Olav's, Northern Harvest, and Mowi Nutrition brand names. The company was formerly known as Marine Harvest ASA and changed its name to Mowi ASA in December 2018. Mowi ASA was founded in 1964 and is headquartered in Bergen, Norway.

Sector: - Industry:

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities
Total Cashflows From Investing Activities -563.7M -308.3M -283.4M -133.7M
Net Borrowings 534.8M 192.4M -46.4M -402.3M
Total Cash From Financing Activities -22M -428.2M -238.1M -706.6M
Change To Operating Activities
Issuance Of Stock
Net Income 566.6M 477.6M 117.5M 487.6M
Change In Cash 34.9M 23.5M -17.2M -5.4M
Effect Of Exchange Rate -300k 1M 1.6M 1.9M
Total Cash From Operating Activities 620.9M 759M 502.7M 833.1M
Depreciation 153.4M 287.1M 338.1M 373.2M
Change To Account Receivables
Other Cashflows From Financing Activities -24.4M -75.7M -58.8M -77.5M
Change To Netincome 48.6M 98.2M 103.6M -1.3M
Capital Expenditures -346.2M -292.7M -315.8M -244.7M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax 732.2M 607.5M 120.5M 593.3M
Net Income 566.6M 477.6M 117.5M 487.6M
Selling General Administrative 549.4M 520M 506.6M 516.5M
Gross Profit 1.99B 1.84B 1.44B 1.86B
Ebit 889.8M 589.7M 195.5M 582.2M
Operating Income 889.8M 589.7M 195.5M 582.2M
Interest Expense -50M -70.2M -63M -59M
Income Tax Expense 165M 131.2M 1.4M 105.5M
Total Revenue 3.81B 4.14B 3.76B 4.2B
Cost Of Revenue 1.82B 2.3B 2.32B 2.34B
Total Other Income ExpenseNet -157.6M 17.8M -75M 11.1M
Net Income From Continuing Ops 567.2M 476.3M 119.1M 487.8M
Net Income Applicable To Common Shares 566.6M 477.6M 117.5M 487.6M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 2.27B 2.95B 3.08B 3.13B
Total Stockholder Equity 2.88B 2.89B 2.76B 3.13B
Other Current Liabilities 229.2M 186.4M 91M 220M
Total Assets 5.15B 5.84B 5.85B 6.26B
Common Stock 404M 404.8M 404.8M 404.8M
Other Current Assets 22.4M 26M 91M 52M
Retained Earnings
Treasury Stock 1.22B 1.21B 1.08B 1.45B
Cash 93.9M 117.5M 100.3M 94.9M
Total Current Liabilities 699.1M 776.3M 719.5M 972.9M
Other Stockholder Equity 1.22B 1.21B 1.08B 1.45B
Property, Plant, and Equipment 1.22B 1.75B 1.93B 2.02B
Total Current Assets 2.59B 2.63B 2.51B 2.72B
Net Tangible Assets 1.78B 1.69B 1.55B 1.86B
Net Receivables 604.3M 618.7M 510.1M 582.4M
Accounts Payable 280.2M 296.8M 316.5M 392.8M


Insider Transactions

Here are the insider transactions of stock shares related to Mowi ASA:

Filer Name Transaction Text Ownership Date Filer Relation Shares
NO DATA

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Mowi ASA. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Mowi ASA

Here is the result of two systematic investment strategies applied to Mowi ASA. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Mowi ASA

The following chart shows the equity curve of the two systematic investment strategies applied to Mowi ASA:

Mowi ASA automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 9.69% on the backtest period.

Performance at glance

Performance

9.69 %

Latent gain

43.56 £

Invested capital

449.37 £

Annualized return

13.09 %
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Momentum strategy results on Mowi ASA

This is the result of two momentum investment strategies applied to Mowi ASA. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Mowi ASA

The following chart shows all the entries opened by the momentum investment system on Mowi ASA:

Mowi ASA momentum entries
  • The first momentum investment strategy would give 12.73% of return on Mowi ASA. That represents 111.29£ of latent gain with 874.56£ of employed capital.
  • The second momentum investment strategy would give 10.57% of return on Mowi ASA. That represents 47.11£ of latent gain with 445.82£ of employed capital.
Performance at glance (1Q Momentum)

Performance

12.73 %

Latent gain

111.29 £

Invested capital

874.56 £

Annualized return

-0.0 %
Performance at glance (2Q Momentum)

Performance

10.57 %

Latent gain

47.11 £

Invested capital

445.82 £

Annualized return

40.65 %

Momentum equity curve on Mowi ASA

The following chart shows the equity curve of the two momentum strategies applied to Mowi ASA:

Mowi ASA momentum equity

Note: the dividends potentially given by Mowi ASA are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Mowi ASA

The following chart shows the employed capital evolution of the two momentum strategies on Mowi ASA since the beginning:

Mowi ASA

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250£, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000£.


Buy the dip strategy result on Mowi ASA

Buy the dip entry openings on Mowi ASA

Mowi ASA

The performance achieved by the robo-advisor on Mowi ASA is 0%. That represents 0.0$ of latent gain with 0.0£ of employed capital. The following chart shows Mowi ASA stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Mowi ASA, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 £

Invested capital

0.0 £

Annualized return

-0.0 %

Equity curve of the strategy applied to Mowi ASA

The following chart shows the result of the investment strategy applied to Mowi ASA:

Mowi ASA

Note: the dividends potentially given by Mowi ASA are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Mowi ASA

The following chart shows the employed capital evolution since the beginning of the investment strategy on Mowi ASA:

Mowi ASA

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Mowi ASA

In this section, I will compare the three previous investment strategies applied to Mowi ASA.

Equity curve comparison on Mowi ASA

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Mowi ASA investment strategy comparison

Employed capital comparison on Mowi ASA

Mowi ASA investment comparison

Performance comparison on Mowi ASA

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 9.69% 43.56£ 449.37£ 13.09%
Momentum 1 quarter 12.73% 111.29£ 874.56£ 25.46%
Momentum 2 quarters 10.57% 47.11£ 445.82£ 40.65%
Non-directional 0% 0.0£ 0.0£ -0.0%
Annualized return comparison

Automatic investment

13.09 %

Momentum 1Q

40.65 %

Momentum 2Q

40.65 %

Non-directional

-0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Mowi ASA:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between Mowi ASA and the other stocks. There may be false positives or some missing correlated stocks. If the price of Mowi ASA does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name Mowi ASA
Country Norway
City Bergen
Address Sandviksboder 77A/B
Phone 47 21 56 23 00
Website www.mowi.com
FullTime employees 11800
Industry
Sector
Exchange XLON
Ticker 0OAW.XLON
Market www.londonstockexchange.com

Mowi ASA ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 11.5
Peer Environment Performance 10.513977272727
Environment Percentile unknown
Palm Oil no
Nuclear no
Fur Leather no
GMO no
Coal no
Pesticides no
Animal Testing yes

Social scores

Social ESG Factors Scores
Social Score 7.6
Peer Social Performance 10.916022727273
Social Percentile unknown
Highest Controversy 3
Peer Highest Controversy Performance 2.1022727272727
Adult no
Gambling no
Alcoholic no
Tobacco no
Catholic no
Controversial Weapons no
Small Arms no
Military Contract no
Peer Count yes

Related Controversy: Operations IncidentsCustomer IncidentsBusiness Ethics Incidents


Governance scores

Governance ESG Factors Scores
Governance Score 6.7
Peer Governance Performance 6.3328409090909
Governance Percentile unknown

ESG at glance
Total ESG Scores: 25.9
Environment Score: 11.5
Social Score: 7.6
Governance Score: 6.7

ESG Performance: AVG_PERF

Peer Group: Food Products

Peer Esg Score Performance: 27.763636363636

Rating Year: 2022

Rating Month: 8

Max Age: 86400

Percentile: 47