Marine Harvest ASA (OTCMKTS:MHGVY – Get Free Report) is one of 69 public companies in the “FOOD – MISC/DIVERSIFIED” industry, but how does it contrast to its rivals? We will compare Marine Harvest ASA to similar businesses based on the strength of its dividends, earnings, analyst recommendations, institutional ownership, risk, profitability and valuation.
Profitability
This table compares Marine Harvest ASA and its rivals’ net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Marine Harvest ASA | 5.77% | 14.65% | 6.94% |
Marine Harvest ASA Competitors | -3.76% | -16.96% | 1.87% |
Analyst Recommendations
This is a summary of recent ratings and price targets for Marine Harvest ASA and its rivals, as reported by MarketBeat.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Marine Harvest ASA | 0 | 3 | 0 | 1 | 2.50 |
Marine Harvest ASA Competitors | 710 | 3417 | 3726 | 153 | 2.41 |
Dividends
Marine Harvest ASA pays an annual dividend of $0.50 per share and has a dividend yield of 2.6%. Marine Harvest ASA pays out 73.5% of its earnings in the form of a dividend. As a group, “FOOD – MISC/DIVERSIFIED” companies pay a dividend yield of 1.0% and pay out 33.8% of their earnings in the form of a dividend.
Institutional & Insider Ownership
54.9% of shares of all “FOOD – MISC/DIVERSIFIED” companies are held by institutional investors. 15.0% of shares of all “FOOD – MISC/DIVERSIFIED” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.
Valuation and Earnings
This table compares Marine Harvest ASA and its rivals gross revenue, earnings per share (EPS) and valuation.
Gross Revenue | Net Income | Price/Earnings Ratio | |
Marine Harvest ASA | $6.06 billion | $506.96 million | 28.53 |
Marine Harvest ASA Competitors | $8.11 billion | $399.01 million | 24.57 |
Marine Harvest ASA’s rivals have higher revenue, but lower earnings than Marine Harvest ASA. Marine Harvest ASA is trading at a higher price-to-earnings ratio than its rivals, indicating that it is currently more expensive than other companies in its industry.
Risk & Volatility
Marine Harvest ASA has a beta of 1.19, suggesting that its stock price is 19% more volatile than the S&P 500. Comparatively, Marine Harvest ASA’s rivals have a beta of 0.83, suggesting that their average stock price is 17% less volatile than the S&P 500.
Summary
Marine Harvest ASA beats its rivals on 9 of the 15 factors compared.
Marine Harvest ASA Company Profile
Mowi ASA, a seafood company, farms, produces, and supplies Atlantic salmon products worldwide. It operates through three segments: Feed, Farming, and Sales and Marketing. The company is involved in the salmon feed production, salmon farming and primary processing, and seafood secondary processing activities. It offers whole fish, plain and marinated fillets and steaks, hot- and cold-smoked salmon, burgers and tartars, patties, gravad, sushi, and breaded products under the Ducktrap, MOWI, and Supreme Salmon brands. 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.
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