Switch to:
Also traded in: Germany, Norway, Sweden, UK, USA

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 6/10

vs
industry
vs
history
Cash to Debt 0.07
MHG's Cash to Debt is ranked lower than
84% of the 1604 Companies
in the Global Farm Products industry.

( Industry Median: 0.51 vs. MHG: 0.07 )
Ranked among companies with meaningful Cash to Debt only.
MHG' s Cash to Debt Range Over the Past 10 Years
Min: 0.03  Med: 0.09 Max: N/A
Current: 0.07
Equity to Asset 0.44
MHG's Equity to Asset is ranked lower than
63% of the 1563 Companies
in the Global Farm Products industry.

( Industry Median: 0.52 vs. MHG: 0.44 )
Ranked among companies with meaningful Equity to Asset only.
MHG' s Equity to Asset Range Over the Past 10 Years
Min: 0.4  Med: 0.49 Max: 0.6
Current: 0.44
0.4
0.6
Interest Coverage 13.83
MHG's Interest Coverage is ranked lower than
54% of the 1406 Companies
in the Global Farm Products industry.

( Industry Median: 18.86 vs. MHG: 13.83 )
Ranked among companies with meaningful Interest Coverage only.
MHG' s Interest Coverage Range Over the Past 10 Years
Min: 0.5  Med: 3.42 Max: N/A
Current: 13.83
F-Score: 8
Z-Score: 3.41
M-Score: -2.48
WACC vs ROIC
2.67%
14.37%
WACC
ROIC
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 8/10

vs
industry
vs
history
Operating margin (%) 19.53
MHG's Operating margin (%) is ranked higher than
89% of the 1602 Companies
in the Global Farm Products industry.

( Industry Median: 5.43 vs. MHG: 19.53 )
Ranked among companies with meaningful Operating margin (%) only.
MHG' s Operating margin (%) Range Over the Past 10 Years
Min: 1.36  Med: 8.43 Max: 29.19
Current: 19.53
1.36
29.19
Net-margin (%) 13.12
MHG's Net-margin (%) is ranked higher than
86% of the 1604 Companies
in the Global Farm Products industry.

( Industry Median: 3.66 vs. MHG: 13.12 )
Ranked among companies with meaningful Net-margin (%) only.
MHG' s Net-margin (%) Range Over the Past 10 Years
Min: -21.15  Med: 6.1 Max: 32.87
Current: 13.12
-21.15
32.87
ROE (%) 21.28
MHG's ROE (%) is ranked higher than
84% of the 1561 Companies
in the Global Farm Products industry.

( Industry Median: 7.76 vs. MHG: 21.28 )
Ranked among companies with meaningful ROE (%) only.
MHG' s ROE (%) Range Over the Past 10 Years
Min: -25.42  Med: 9.07 Max: 85.75
Current: 21.28
-25.42
85.75
ROA (%) 9.72
MHG's ROA (%) is ranked higher than
81% of the 1637 Companies
in the Global Farm Products industry.

( Industry Median: 3.64 vs. MHG: 9.72 )
Ranked among companies with meaningful ROA (%) only.
MHG' s ROA (%) Range Over the Past 10 Years
Min: -12.22  Med: 4.22 Max: 14.01
Current: 9.72
-12.22
14.01
ROC (Joel Greenblatt) (%) 28.46
MHG's ROC (Joel Greenblatt) (%) is ranked higher than
75% of the 1627 Companies
in the Global Farm Products industry.

( Industry Median: 13.05 vs. MHG: 28.46 )
Ranked among companies with meaningful ROC (Joel Greenblatt) (%) only.
MHG' s ROC (Joel Greenblatt) (%) Range Over the Past 10 Years
Min: -26.32  Med: 12.18 Max: 43.31
Current: 28.46
-26.32
43.31
Revenue Growth (3Y)(%) 16.60
MHG's Revenue Growth (3Y)(%) is ranked higher than
88% of the 1380 Companies
in the Global Farm Products industry.

( Industry Median: 2.20 vs. MHG: 16.60 )
Ranked among companies with meaningful Revenue Growth (3Y)(%) only.
MHG' s Revenue Growth (3Y)(%) Range Over the Past 10 Years
Min: -89.9  Med: 2 Max: 31.8
Current: 16.6
-89.9
31.8
EBITDA Growth (3Y)(%) 23.00
MHG's EBITDA Growth (3Y)(%) is ranked higher than
79% of the 1203 Companies
in the Global Farm Products industry.

( Industry Median: 4.10 vs. MHG: 23.00 )
Ranked among companies with meaningful EBITDA Growth (3Y)(%) only.
MHG' s EBITDA Growth (3Y)(%) Range Over the Past 10 Years
Min: -92.9  Med: -8.45 Max: 57.1
Current: 23
-92.9
57.1
EPS Growth (3Y)(%) 45.10
MHG's EPS Growth (3Y)(%) is ranked higher than
86% of the 1079 Companies
in the Global Farm Products industry.

( Industry Median: 4.30 vs. MHG: 45.10 )
Ranked among companies with meaningful EPS Growth (3Y)(%) only.
MHG' s EPS Growth (3Y)(%) Range Over the Past 10 Years
Min: -93.3  Med: -13.8 Max: 339.1
Current: 45.1
-93.3
339.1
» MHG's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow
Oprt. Cash Flow & Net Income

» Details

Guru Trades

Q4 2015

MHG Guru Trades in Q4 2015

Jim Simons 50,400 sh (+70.27%)
» More
Q1 2016

MHG Guru Trades in Q1 2016

Jim Simons 76,382 sh (+51.55%)
» More
Q2 2016

MHG Guru Trades in Q2 2016

Jim Simons 113,400 sh (+48.46%)
» More
Q3 2016

MHG Guru Trades in Q3 2016

Jim Simons 96,600 sh (-14.81%)
» More
» Details

Insider Trades

Latest Guru Trades with MHG

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

No Entry found in the selected group of Gurus. You can
  • 1. Modify your Personalized List of Gurus, or
  • 2. Click on Premium Premium Tools above to check out all the Gurus, or
  • 3. Click on Premium Plus Premium Plus above for the stocks picks of all the institutional investment advisors (>4000)
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Business Description

Industry: Consumer Packaged Goods » Farm Products
Compare:NYSE:BG, OTCPK:MARUY, OTCPK:GARPY, NYSE:FDP, OTCPK:CPKPY, NYSE:IBA, OTCPK:GRCLF, OTCPK:ACOPF, NAS:CVGW, OTCPK:ASAGF, OTCPK:CRESF, OTCPK:AGXXF, OTCPK:WLMIF, OTCPK:SLCJY, NAS:LNDC, OTCPK:SHVTF, NAS:LMNR, OTCPK:MSSZF, NAS:ALCO, NAS:CDZI » details
Traded in other countries:PND.Germany, MHG.Norway, MHGo.Sweden, 0OAW.UK, MNHVF.USA,
Marine Harvest ASA is a seafood company. The Company, along with its subsidiaries, provides farmed salmon and processed seafood to its customers. It is organized into three business areas; Feed, Farming, Sales and Marketing.

Marine Harvest ASA was incorporated in Norway on May 18, 1992 pursuant to the Norwegian Public Limited Liability Companies Act. The Company is a seafood company and producer of farmed salmon, offering fresh salmon, processed salmon and other processed seafood to customers in 70 countries. The Company engages in two types of activities: fish farming and primary processing of fish in Norway, Scotland, Canada, Chile, Ireland and the Faroe Islands; and secondary processing of seafood in Norway, Chile, Ireland, the United States, the United Kingdom, France, Belgium, the Netherlands, Poland, the Czech Republic, Japan, Vietnam, Taiwan and South Korea. Its customers of primary processed salmon include its own secondary processing operations distributors and other secondary processors of salmon. The Company sells salmon and other seafood directly to retailers, hotels, restaurants as well as to third party processors and distributors. The Company is organized into three business areas: Feed, Farming and Sales and Marketing. Feed represents its first feed plant which is located in Bjugn, Norway. Farming is composed of single operating segment representing its farming operations in Norway, Scotland, Canada, Chile, Ireland and the Faroe Islands. Sales and Marketing is composed of Markets, VAP Europe and Morpol processing. The Company's farming and primary and secondary processing operations as well as its sales and distribution of seafood products are subject to various laws and regulations administered by national, provincial and regional bodies and other governmental entities in each of the jurisdictions where it operates.

Ratios

vs
industry
vs
history
P/E(ttm) 18.08
MHG's P/E(ttm) is ranked higher than
55% of the 1267 Companies
in the Global Farm Products industry.

( Industry Median: 19.26 vs. MHG: 18.08 )
Ranked among companies with meaningful P/E(ttm) only.
MHG' s P/E(ttm) Range Over the Past 10 Years
Min: 3.64  Med: 16.02 Max: 140.97
Current: 18.08
3.64
140.97
PE(NRI) 17.97
MHG's PE(NRI) is ranked higher than
54% of the 1261 Companies
in the Global Farm Products industry.

( Industry Median: 18.84 vs. MHG: 17.97 )
Ranked among companies with meaningful PE(NRI) only.
MHG' s PE(NRI) Range Over the Past 10 Years
Min: 3.66  Med: 17.51 Max: 188.3
Current: 17.97
3.66
188.3
Price/Owner Earnings (ttm) 18.12
MHG's Price/Owner Earnings (ttm) is ranked higher than
56% of the 682 Companies
in the Global Farm Products industry.

( Industry Median: 20.93 vs. MHG: 18.12 )
Ranked among companies with meaningful Price/Owner Earnings (ttm) only.
MHG' s Price/Owner Earnings (ttm) Range Over the Past 10 Years
Min: 10.07  Med: 31.61 Max: 74.17
Current: 18.12
10.07
74.17
P/B 3.78
MHG's P/B is ranked lower than
79% of the 1537 Companies
in the Global Farm Products industry.

( Industry Median: 1.61 vs. MHG: 3.78 )
Ranked among companies with meaningful P/B only.
MHG' s P/B Range Over the Past 10 Years
Min: 0.8  Med: 1.82 Max: 3.83
Current: 3.78
0.8
3.83
P/S 2.32
MHG's P/S is ranked lower than
75% of the 1553 Companies
in the Global Farm Products industry.

( Industry Median: 0.96 vs. MHG: 2.32 )
Ranked among companies with meaningful P/S only.
MHG' s P/S Range Over the Past 10 Years
Min: 0.49  Med: 1.4 Max: 4.14
Current: 2.32
0.49
4.14
PFCF 21.16
MHG's PFCF is ranked lower than
57% of the 611 Companies
in the Global Farm Products industry.

( Industry Median: 17.40 vs. MHG: 21.16 )
Ranked among companies with meaningful PFCF only.
MHG' s PFCF Range Over the Past 10 Years
Min: 3.29  Med: 21.32 Max: 1329.82
Current: 21.16
3.29
1329.82
POCF 13.77
MHG's POCF is ranked lower than
58% of the 859 Companies
in the Global Farm Products industry.

( Industry Median: 11.13 vs. MHG: 13.77 )
Ranked among companies with meaningful POCF only.
MHG' s POCF Range Over the Past 10 Years
Min: 2.32  Med: 10.84 Max: 34.73
Current: 13.77
2.32
34.73
EV-to-EBIT 12.48
MHG's EV-to-EBIT is ranked higher than
62% of the 1288 Companies
in the Global Farm Products industry.

( Industry Median: 15.09 vs. MHG: 12.48 )
Ranked among companies with meaningful EV-to-EBIT only.
MHG' s EV-to-EBIT Range Over the Past 10 Years
Min: 3.9  Med: 14.3 Max: 74.7
Current: 12.48
3.9
74.7
EV-to-EBITDA 10.19
MHG's EV-to-EBITDA is ranked higher than
59% of the 1333 Companies
in the Global Farm Products industry.

( Industry Median: 11.69 vs. MHG: 10.19 )
Ranked among companies with meaningful EV-to-EBITDA only.
MHG' s EV-to-EBITDA Range Over the Past 10 Years
Min: 3.2  Med: 10.4 Max: 36.6
Current: 10.19
3.2
36.6
Current Ratio 3.16
MHG's Current Ratio is ranked higher than
81% of the 1587 Companies
in the Global Farm Products industry.

( Industry Median: 1.57 vs. MHG: 3.16 )
Ranked among companies with meaningful Current Ratio only.
MHG' s Current Ratio Range Over the Past 10 Years
Min: 1.84  Med: 3.26 Max: 4.32
Current: 3.16
1.84
4.32
Quick Ratio 2.78
MHG's Quick Ratio is ranked higher than
84% of the 1587 Companies
in the Global Farm Products industry.

( Industry Median: 1.05 vs. MHG: 2.78 )
Ranked among companies with meaningful Quick Ratio only.
MHG' s Quick Ratio Range Over the Past 10 Years
Min: 1.69  Med: 2.87 Max: 4.01
Current: 2.78
1.69
4.01
Days Inventory 58.60
MHG's Days Inventory is ranked higher than
54% of the 1494 Companies
in the Global Farm Products industry.

( Industry Median: 64.79 vs. MHG: 58.60 )
Ranked among companies with meaningful Days Inventory only.
MHG' s Days Inventory Range Over the Past 10 Years
Min: 30.33  Med: 39.96 Max: 97.41
Current: 58.6
30.33
97.41

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 5.63
MHG's Dividend Yield is ranked higher than
93% of the 1614 Companies
in the Global Farm Products industry.

( Industry Median: 1.89 vs. MHG: 5.63 )
Ranked among companies with meaningful Dividend Yield only.
MHG' s Dividend Yield Range Over the Past 10 Years
Min: 1.01  Med: 4.56 Max: 34.94
Current: 5.63
1.01
34.94
Dividend Payout 0.89
MHG's Dividend Payout is ranked higher than
56% of the 938 Companies
in the Global Farm Products industry.

( Industry Median: 0.35 vs. MHG: 0.89 )
Ranked among companies with meaningful Dividend Payout only.
MHG' s Dividend Payout Range Over the Past 10 Years
Min: 0.25  Med: 1.34 Max: 15.2
Current: 0.89
0.25
15.2
Forward Dividend Yield 5.95
MHG's Forward Dividend Yield is ranked higher than
93% of the 1555 Companies
in the Global Farm Products industry.

( Industry Median: 2.08 vs. MHG: 5.95 )
Ranked among companies with meaningful Forward Dividend Yield only.
N/A
Yield on cost (5-Year) 5.63
MHG's Yield on cost (5-Year) is ranked higher than
84% of the 2019 Companies
in the Global Farm Products industry.

( Industry Median: 2.49 vs. MHG: 5.63 )
Ranked among companies with meaningful Yield on cost (5-Year) only.
MHG' s Yield on cost (5-Year) Range Over the Past 10 Years
Min: 1.01  Med: 4.56 Max: 34.94
Current: 5.63
1.01
34.94
3-Year Average Share Buyback Ratio -6.30
MHG's 3-Year Average Share Buyback Ratio is ranked lower than
70% of the 715 Companies
in the Global Farm Products industry.

( Industry Median: -1.60 vs. MHG: -6.30 )
Ranked among companies with meaningful 3-Year Average Share Buyback Ratio only.
MHG' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -833.6  Med: -5.5 Max: -0.9
Current: -6.3
-833.6
-0.9

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 8.12
MHG's Price/Tangible Book is ranked lower than
90% of the 1446 Companies
in the Global Farm Products industry.

( Industry Median: 1.75 vs. MHG: 8.12 )
Ranked among companies with meaningful Price/Tangible Book only.
MHG' s Price/Tangible Book Range Over the Past 10 Years
Min: 1.89  Med: 4.78 Max: 8.19
Current: 8.12
1.89
8.19
Price/Projected FCF 2.34
MHG's Price/Projected FCF is ranked lower than
69% of the 673 Companies
in the Global Farm Products industry.

( Industry Median: 1.41 vs. MHG: 2.34 )
Ranked among companies with meaningful Price/Projected FCF only.
MHG' s Price/Projected FCF Range Over the Past 10 Years
Min: 1.05  Med: 1.45 Max: 2.36
Current: 2.34
1.05
2.36
Price/Median PS Value 1.66
MHG's Price/Median PS Value is ranked lower than
78% of the 1278 Companies
in the Global Farm Products industry.

( Industry Median: 1.11 vs. MHG: 1.66 )
Ranked among companies with meaningful Price/Median PS Value only.
MHG' s Price/Median PS Value Range Over the Past 10 Years
Min: 0.39  Med: 0.95 Max: 1.68
Current: 1.66
0.39
1.68
Price/Peter Lynch Fair Value 1.32
MHG's Price/Peter Lynch Fair Value is ranked lower than
51% of the 261 Companies
in the Global Farm Products industry.

( Industry Median: 1.29 vs. MHG: 1.32 )
Ranked among companies with meaningful Price/Peter Lynch Fair Value only.
MHG' s Price/Peter Lynch Fair Value Range Over the Past 10 Years
Min: 1.24  Med: 1.42 Max: 4.43
Current: 1.32
1.24
4.43
Price/Graham Number 2.54
MHG's Price/Graham Number is ranked lower than
78% of the 1034 Companies
in the Global Farm Products industry.

( Industry Median: 1.33 vs. MHG: 2.54 )
Ranked among companies with meaningful Price/Graham Number only.
MHG' s Price/Graham Number Range Over the Past 10 Years
Min: 0.82  Med: 2.2 Max: 5.93
Current: 2.54
0.82
5.93
Earnings Yield (Greenblatt) (%) 8.02
MHG's Earnings Yield (Greenblatt) (%) is ranked higher than
69% of the 1585 Companies
in the Global Farm Products industry.

( Industry Median: 5.50 vs. MHG: 8.02 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) (%) only.
MHG' s Earnings Yield (Greenblatt) (%) Range Over the Past 10 Years
Min: 1.3  Med: 7 Max: 25.9
Current: 8.02
1.3
25.9
Forward Rate of Return (Yacktman) (%) 15.37
MHG's Forward Rate of Return (Yacktman) (%) is ranked higher than
74% of the 745 Companies
in the Global Farm Products industry.

( Industry Median: 5.61 vs. MHG: 15.37 )
Ranked among companies with meaningful Forward Rate of Return (Yacktman) (%) only.
MHG' s Forward Rate of Return (Yacktman) (%) Range Over the Past 10 Years
Min: 10.4  Med: 31.1 Max: 58
Current: 15.37
10.4
58

More Statistics

Revenue (TTM) (Mil) $3,472
EPS (TTM) $ 1.01
Beta0.46
Short Percentage of Float0.03%
52-Week Range $12.40 - 18.68
Shares Outstanding (Mil)450.09
» More Articles for MHG

Headlines

Articles On GuruFocus.com
Three High Dividend Stocks with Robust Fundamentals Mar 13 2014 

More From Other Websites
Marine Harvest (OSE:MHG, NYSE: MHG): Update from the Norwegian authority regarding development... Nov 28 2016
Marine Harvest ASA (OSE:MHG, NYSE:MHG) Adjustment To Conversion Price Of Convertible Bond (ISIN... Nov 11 2016
Marine Harvest ASA (OSE:MHG, NYSE:MHG) Adjustment To Conversion Price Of Convertible Bond (ISIN... Nov 11 2016
Marine Harvest ASA (OSE: MHG, NYSE: MHG): Ex-dividend NOK 2.30 today Nov 11 2016
Marine Harvest ASA :MHG-US: Earnings Analysis: Q3, 2016 By the Numbers : November 8, 2016 Nov 08 2016
Marine Harvest ASA (OSE:MHG, NYSE:MHG): Financial Calendar Nov 07 2016
Mandatory notification of trade Nov 07 2016
MHG - Presentation of the Q3 2016 results 2 November 2016 at 08:00 (CET) Oct 27 2016
Mandatory notification of trade Oct 25 2016
Marine Harvest (OSE:MHG, NYSE: MHG): Organizational change in Marine Harvest's Group management Oct 25 2016
Marine Harvest ASA : MHG-US: Dividend Analysis : August 29th, 2016 (record date) : By the numbers :... Oct 21 2016
European shares fall as weak earnings hit Pearson and Marine Harvest Oct 17 2016
European shares fall as weak earnings hit Pearson and Marine Harvest Oct 17 2016
European shares fall as Pearson and Marine Harvest slide lower Oct 17 2016
European shares fall as Pearson and Marine Harvest slide lower Oct 17 2016
European shares drop back as Marine Harvest and Pearson fall Oct 17 2016
European shares drop back as Marine Harvest and Pearson fall Oct 17 2016
Marine Harvest ASA (OSE:MHG, NYSE:MHG): Q3 2016 Trading update Oct 16 2016
Chile's salmon output likely to fall sharply under new rules Jul 25 2016
Chile's salmon output likely to fall sharply under new rules Jul 25 2016

Personalized Checklist

Checklist has been moved to "Checklist" tab.

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)