MNHVF (Mowi ASA) Debt-to-EBITDA : 2.66 (As of Mar. 2026) — 46% Above Median

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MNHVF Mowi ASA MNHVF
91 GF Score
Price $18.53
GF Value $21.30
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Mowi ASA Debt-to-EBITDA?

Mowi ASA MNHVF +5.60% 91 Debt-to-EBITDA is 2.66 as of Mar. 2026, which is 46% above its 10-year median of 1.82. GuruFocus rates MNHVF with a GF Score™ of 91/100 and a GF Value™ of $21.30 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,550 Consumer Packaged Goods companies, Mowi ASA ranks worse than 50.45% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Mowi ASA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $395 Mil. Mowi ASA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $3,698 Mil. Mowi ASA's annualized EBITDA for the quarter that ended in Mar. 2026 was $1,538 Mil. Mowi ASA's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 2.66.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Mowi ASA's Debt-to-EBITDA or its related term are showing as below:

MNHVF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.05   Med: 1.82   Max: 4.02
Current: 2.12

During the past 13 years, the highest Debt-to-EBITDA Ratio of Mowi ASA was 4.02. The lowest was 1.05. And the median was 1.82.

MNHVF's Debt-to-EBITDA is ranked worse than
50.45% of 1550 companies
in the Consumer Packaged Goods industry
Industry Median: 2.065 vs MNHVF: 2.12

Mowi ASA  (OTCPK:MNHVF) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Mowi ASA Debt-to-EBITDA Related Terms


Mowi ASA Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Mowi ASA's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Mowi ASA Debt-to-EBITDA Chart

Mowi ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.83 1.67 1.81 2.19 2.45

Mowi ASA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.44 3.36 2.19 1.09 2.66

MNHVF vs ADM, BG, TSN: Debt-to-EBITDA Comparison

For the Farm Products subindustry, Mowi ASA's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mowi ASA Debt-to-EBITDA vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Mowi ASA's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Mowi ASA's Debt-to-EBITDA falls into.


MNHVF
91GF Score
Mowi ASA MNHVF
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mowi ASA Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Mowi ASA's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(385.246 + 3669.438) / 1658.548
=2.44

Mowi ASA's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(395.029 + 3697.919) / 1538.036
=2.66

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 2.66 mean?
Mowi ASA (MNHVF) has a Debt-to-EBITDA of 2.66 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Mowi ASA. This is 46% above median its historical median of 1.82. Over the past decade, Mowi ASA's Debt-to-EBITDA has ranged from 1.05 to 4.02. According to the industry distribution chart, Mowi ASA ranks #782 out of 1550 companies in the Consumer Packaged Goods industry, placing it in the top 50.5%.
Is Mowi ASA's Debt-to-EBITDA too high?
Mowi ASA's current Debt-to-EBITDA of 2.66 is 46% above median its 10-year median of 1.82. Over the past 10 years, this metric has ranged from a low of 1.05 to a high of 4.02. The Consumer Packaged Goods industry median Debt-to-EBITDA is 2.07. Mowi ASA's value of 2.66 is 28.8% above this industry median. Based on the distribution chart, Mowi ASA ranks #782 out of 1550 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Mowi ASA has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mowi ASA's Debt-to-EBITDA compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Mowi ASA ranks #782 out of 1550 companies for Debt-to-EBITDA. This places Mowi ASA in the lower half of its industry. The industry median Debt-to-EBITDA is 2.07. Mowi ASA's value of 2.66 is 28.8% above this benchmark. Historically, Mowi ASA's own Debt-to-EBITDA has ranged from 1.05 to 4.02 over the past decade. While the company's 10-year median is 1.82 vs. the industry median of 2.07, Mowi ASA has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Consumer Packaged Goods company?
The median Debt-to-EBITDA among Consumer Packaged Goods companies is 2.07, based on 1,550 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mowi ASA's current Debt-to-EBITDA of 2.66 is 28.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Mowi ASA. For the Consumer Packaged Goods industry, the median Debt-to-EBITDA is 2.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mowi ASA's current Debt-to-EBITDA is 2.66, which is 46% above median its own 10-year median of 1.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mowi ASA stock overvalued right now?
Based on GuruFocus' analysis, Mowi ASA (MNHVF) is currently considered Modestly Undervalued. The stock's GF Value™ is $21.30, compared to a current price of $18.53 — trading 13% below its estimated fair value. The current Debt-to-EBITDA is 2.66, which is 46% above median its 10-year median of 1.82 and 28.8% above the Consumer Packaged Goods industry median of 2.07. Mowi ASA's overall GF Score™ is 91/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Mowi ASA (MNHVF), the current Debt-to-EBITDA is 2.66 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Mowi ASA (MNHVF) Overvalued in 2026?

Based on GuruFocus' analysis, Mowi ASA stock appears to be undervalued. The current stock price of $18.53 is trading 13% below its estimated GF Value™ of $21.30. GuruFocus considers Mowi ASA to be Modestly Undervalued.

Key valuation signals for MNHVF:

  • Debt-to-EBITDA: 2.66 (46% above median its 10-year median of 1.82)
  • GF Value™: $21.30 vs. price of $18.53 (13% below fair value)
  • GF Score™: 91/100 with 5 warning signs
  • Industry Position: 28.8% above the Consumer Packaged Goods median (#782 of 1550)

No single metric tells the full story. See the MNHVF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mowi ASA Business Description

Address Sandviksboder 77A/B, Bergen, NOR, 5035
Mowi ASA is a Norway-based producer of farmed salmon, distributing salmon and other processed seafood globally. The company focuses on producing high-quality fish by producing its fish eggs and nurturing the fish in the early stages of their life. It operates in three business segments: Feed, Farming, and Sales & Marketing. Fish feed production comprises its two feed plants in Norway and Scotland. Farming includes a single operating segment composed of farming operations in Norway, Scotland, Canada, Chile, Ireland, the Faroe Islands, and Iceland, and Sales and Marketing is composed of two operating segments: Markets and Consumer Products. A majority of the company's revenue is generated from the Sales and Marketing business. Geographically, it derives maximum revenue from Europe.
91GF Score

Get the complete analysis for MNHVF

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$18.53
Price
$21.30
GF Value