Grieg Seafood Financials
| GSF Stock | NOK 70.35 1.65 2.29% |
Grieg |
Understanding current and past Grieg Seafood Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Grieg Seafood's financial statements are interrelated, with each one affecting the others. For example, an increase in Grieg Seafood's assets may result in an increase in income on the income statement.
The data published in Grieg Seafood's official financial statements usually reflect Grieg Seafood's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Grieg Seafood ASA. For example, before you start analyzing numbers published by Grieg accountants, it's critical to develop an understanding of what Grieg Seafood's liquidity, profitability, and earnings quality are in the context of the Consumer Defensive space in which it operates.
Please note, the presentation of Grieg Seafood's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Grieg Seafood's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Grieg Seafood's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Grieg Seafood ASA. Please utilize our Beneish M Score to check the likelihood of Grieg Seafood's management manipulating its earnings.
Grieg Seafood Stock Summary
Grieg Seafood competes with Lery Seafood, SalMar ASA, Austevoll Seafood, Mowi ASA, and Pf Bakkafrost. Grieg Seafood ASA, through its subsidiaries, operates as a fish farming company. Grieg Seafood ASA was founded in 1884 and is headquartered in Bergen, Norway. GRIEG SEAFOOD operates under Packaged Foods classification in Norway and is traded on Oslo Stock Exchange. It employs 669 people.| Foreign Associate | USA |
| Instrument | Norway Stock View All |
| Exchange | Oslo Stock Exchange |
| ISIN | NO0010365521 |
| Business Address | C Sundtsgate 1719, |
| Sector | Consumer Defensive |
| Industry | Packaged Foods |
| Benchmark | NYSE Composite |
| Website | www.griegseafood.no |
| Phone | 47 55 57 66 00 |
| Currency | NOK - Kroner |
You should never invest in Grieg Seafood without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Grieg Stock, because this is throwing your money away. Analyzing the key information contained in Grieg Seafood's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Grieg Seafood Key Financial Ratios
Generally speaking, Grieg Seafood's financial ratios allow both analysts and investors to convert raw data from Grieg Seafood's financial statements into concise, actionable information that can be used to evaluate the performance of Grieg Seafood over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Grieg Seafood ASA reports annually and quarterly.| Return On Equity | 0.24 | |||
| Return On Asset | 0.0921 | |||
| Target Price | 110.29 |
Grieg Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Grieg Seafood's current stock value. Our valuation model uses many indicators to compare Grieg Seafood value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Grieg Seafood competition to find correlations between indicators driving Grieg Seafood's intrinsic value. More Info.Grieg Seafood ASA is one of the top stocks in return on equity category among related companies. It is one of the top stocks in return on asset category among related companies reporting about 0.39 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Grieg Seafood ASA is roughly 2.55 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Grieg Seafood by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Grieg Seafood's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Grieg Seafood's earnings, one of the primary drivers of an investment's value.Grieg Seafood ASA Systematic Risk
Grieg Seafood's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Grieg Seafood volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Grieg Seafood ASA correlated with the market. If Beta is less than 0 Grieg Seafood generally moves in the opposite direction as compared to the market. If Grieg Seafood Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Grieg Seafood ASA is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Grieg Seafood is generally in the same direction as the market. If Beta > 1 Grieg Seafood moves generally in the same direction as, but more than the movement of the benchmark.
About Grieg Seafood Financials
What exactly are Grieg Seafood Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Grieg Seafood's income statement, its balance sheet, and the statement of cash flows. Potential Grieg Seafood investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Grieg Seafood investors may use each financial statement separately, they are all related. The changes in Grieg Seafood's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Grieg Seafood's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Steps to analyze Grieg Seafood Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Grieg Seafood is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Grieg has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if Grieg Seafood's financials are consistent with your investment objective using the following steps:- Review Grieg Seafood's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand Grieg Seafood's liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare Grieg Seafood's financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Grieg Seafood's stock is overvalued or undervalued.
Grieg Seafood Thematic Clasifications
Grieg Seafood ASA is part of Natural Foods investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Natural food products and food packaging. Companies producing natural foods including dairy products and different types of meets
This theme covers Natural food products and food packaging. Companies producing natural foods including dairy products and different types of meets. Get More Thematic Ideas
| Natural Foods | View |
Grieg Seafood May 2, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Grieg Seafood help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Grieg Seafood ASA. We use our internally-developed statistical techniques to arrive at the intrinsic value of Grieg Seafood ASA based on widely used predictive technical indicators. In general, we focus on analyzing Grieg Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Grieg Seafood's daily price indicators and compare them against related drivers.
| Downside Deviation | 2.04 | |||
| Information Ratio | 0.0361 | |||
| Maximum Drawdown | 8.41 | |||
| Value At Risk | (2.83) | |||
| Potential Upside | 4.09 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Grieg Seafood ASA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. Note that the Grieg Seafood ASA information on this page should be used as a complementary analysis to other Grieg Seafood's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Complementary Tools for Grieg Stock analysis
When running Grieg Seafood's price analysis, check to measure Grieg Seafood's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Grieg Seafood is operating at the current time. Most of Grieg Seafood's value examination focuses on studying past and present price action to predict the probability of Grieg Seafood's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grieg Seafood's price. Additionally, you may evaluate how the addition of Grieg Seafood to your portfolios can decrease your overall portfolio volatility.
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