SalMar ASA (OSL:SALM) EV-to-EBITDA: 15.19 (As of Aug. 12, 2026) — 19% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

OSL:SALM SalMar ASA OSL:SALM
85 GF Score
Price kr530.00
GF Value kr609.34
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is SalMar ASA EV-to-EBITDA?

SalMar ASA OSL:SALM +1.53% 85 EV-to-EBITDA is 15.19 as of Aug. 12, 2026, which is 19% above its 10-year median of 12.74. GuruFocus rates OSL:SALM with a GF Score™ of 85/100 and a GF Value™ of kr609.34 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,642 Consumer Packaged Goods companies, SalMar ASA ranks worse than 72.11% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, SalMar ASA's enterprise value is kr96,143 Mil. SalMar ASA's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was kr6,330 Mil. Therefore, SalMar ASA's EV-to-EBITDA for today is 15.19.

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

OSL:SALM' s EV-to-EBITDA Range Over the Past 10 Years
Min: 5.89   Med: 12.74   Max: 23.19
Current: 15.19

During the past 13 years, the highest EV-to-EBITDA of SalMar ASA was 23.19. The lowest was 5.89. And the median was 12.74.

OSL:SALM's EV-to-EBITDA is ranked worse than
72.11% of 1642 companies
in the Consumer Packaged Goods industry
Industry Median: 9.14 vs OSL:SALM: 15.19

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-08-12), SalMar ASA's stock price is kr530.00. SalMar ASA's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was kr15.100. Therefore, SalMar ASA's PE Ratio (TTM) for today is 35.10.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


SalMar ASA  (OSL:SALM) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

SalMar ASA's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=530.00/15.100
=35.10

SalMar ASA's share price for today is kr530.00.
SalMar ASA's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was kr15.100.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


SalMar ASA EV-to-EBITDA Related Terms


SalMar ASA EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for SalMar ASA's EV-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.

SalMar ASA EV-to-EBITDA Chart

SalMar ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.15 13.72 9.37 12.79 21.30

SalMar ASA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-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 15.92 17.79 20.72 21.30 15.94

OSL:SALM vs ADM, BG, TSN: EV-to-EBITDA Comparison

For the Farm Products subindustry, SalMar ASA's EV-to-EBITDA, along with its competitors' market caps and EV-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.


SalMar ASA EV-to-EBITDA vs Consumer Packaged Goods Industry

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

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


OSL:SALM
85GF Score
SalMar ASA OSL:SALM
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SalMar ASA EV-to-EBITDA Calculation

SalMar ASA's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=96143.226/6330
=15.19

SalMar ASA's current Enterprise Value is kr96,143 Mil.
SalMar ASA's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was kr6,330 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of 15.19 mean?
SalMar ASA (OSL:SALM) has a EV-to-EBITDA of 15.19 as of Aug. 12, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on SalMar ASA. This is 19% above median its historical median of 12.74. Over the past decade, SalMar ASA's EV-to-EBITDA has ranged from 5.89 to 23.19. According to the industry distribution chart, SalMar ASA ranks #1184 out of 1642 companies in the Consumer Packaged Goods industry, placing it in the top 72.1%.
Is SalMar ASA's EV-to-EBITDA too high?
SalMar ASA's current EV-to-EBITDA of 15.19 is 19% above median its 10-year median of 12.74. Over the past 10 years, this metric has ranged from a low of 5.89 to a high of 23.19. The Consumer Packaged Goods industry median EV-to-EBITDA is 9.14. SalMar ASA's value of 15.19 is 66.2% above this industry median. Based on the distribution chart, SalMar ASA ranks #1184 out of 1642 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, SalMar ASA has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SalMar ASA's EV-to-EBITDA compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, SalMar ASA ranks #1184 out of 1642 companies for EV-to-EBITDA. This places SalMar ASA in the lower half of its industry. The industry median EV-to-EBITDA is 9.14. SalMar ASA's value of 15.19 is 66.2% above this benchmark. Historically, SalMar ASA's own EV-to-EBITDA has ranged from 5.89 to 23.19 over the past decade. While the company's 10-year median is 12.74 vs. the industry median of 9.14, SalMar 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 EV-to-EBITDA for a Consumer Packaged Goods company?
The median EV-to-EBITDA among Consumer Packaged Goods companies is 9.14, based on 1,642 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SalMar ASA's current EV-to-EBITDA of 15.19 is 66.2% 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 EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on SalMar ASA. For the Consumer Packaged Goods industry, the median EV-to-EBITDA is 9.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SalMar ASA's current EV-to-EBITDA is 15.19, which is 19% above median its own 10-year median of 12.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SalMar ASA stock overvalued right now?
Based on GuruFocus' analysis, SalMar ASA (OSL:SALM) is currently considered Modestly Undervalued. The stock's GF Value™ is kr609.34, compared to a current price of kr530.00 — trading 13% below its estimated fair value. The current EV-to-EBITDA is 15.19, which is 19% above median its 10-year median of 12.74 and 66.2% above the Consumer Packaged Goods industry median of 9.14. SalMar ASA's overall GF Score™ is 85/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For SalMar ASA (OSL:SALM), the current EV-to-EBITDA is 15.19 as of Aug. 12, 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 SalMar ASA (OSL:SALM) Overvalued in 2026?

Based on GuruFocus' analysis, SalMar ASA stock appears to be undervalued. The current stock price of kr530.00 is trading 13% below its estimated GF Value™ of kr609.34. GuruFocus considers SalMar ASA to be Modestly Undervalued.

Key valuation signals for OSL:SALM:

  • EV-to-EBITDA: 15.19 (19% above median its 10-year median of 12.74)
  • GF Value™: kr609.34 vs. price of kr530.00 (13% below fair value)
  • GF Score™: 85/100 with 6 warning signs
  • Industry Position: 66.2% above the Consumer Packaged Goods median (#1184 of 1642)

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


SalMar ASA Business Description

Address Industriveien 51, Kverva, NOR, 7266
SalMar ASA produces and sells farmed salmon internationally. It operates hatcheries and controls the farming at all stages until the fish are ready to be harvested, processed, and packaged into various products. Products are developed with new mixes and packing methods to make them more convenient for customers. The salmon are sold through an in-house salesforce and close partners of the company. Proximity to customers and tracking the use of resources play a factor in delivering the raw material.
85GF Score

Get the complete analysis for OSL:SALM

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

kr530.00
Price
kr609.34
GF Value