SalMar ASA (CHIX:SALMO) FCF Margin %: 14.43% (As of Mar. 2026) — 18% 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.

CHIX:SALMO SalMar ASA CHIX:SALMO
93 GF Score
Price kr458.10
GF Value kr591.55
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is SalMar ASA FCF Margin %?

SalMar ASA CHIX:SALMO 93 FCF Margin % is 14.43% as of Mar. 2026, which is 18% above its 10-year median of 12.22. GuruFocus rates CHIX:SALMO with a GF Score™ of 93/100 and a GF Value™ of kr591.55 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,958 Consumer Packaged Goods companies, SalMar ASA ranks better than 92.65% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. SalMar ASA's Free Cash Flow for the three months ended in Mar. 2026 was kr935 Mil. SalMar ASA's Revenue for the three months ended in Mar. 2026 was kr6,478 Mil. Therefore, SalMar ASA's FCF Margin % for the quarter that ended in Mar. 2026 was 14.43%.

As of today, SalMar ASA's current FCF Yield % is 7.67%.

The historical rank and industry rank for SalMar ASA's FCF Margin % or its related term are showing as below:

CHIX:SALMo' s FCF Margin % Range Over the Past 10 Years
Min: -4.48   Med: 12.22   Max: 23.57
Current: 17.71


During the past 13 years, the highest FCF Margin % of SalMar ASA was 23.57%. The lowest was -4.48%. And the median was 12.22%.

CHIX:SALMo's FCF Margin % is ranked better than
92.65% of 1958 companies
in the Consumer Packaged Goods industry
Industry Median: 2.105 vs CHIX:SALMo: 17.71


SalMar ASA FCF Margin % Related Terms


SalMar ASA FCF Margin % Historical Data

* Premium members only.

The historical data trend for SalMar ASA's FCF Margin % 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 FCF Margin % Chart

SalMar ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.57 8.81 23.57 10.64 4.54

SalMar ASA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
FCF Margin % 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 -55.78 12.16 25.53 16.99 14.43

CHIX:SALMO vs ADM, BG, TSN: FCF Margin % Comparison

For the Farm Products subindustry, SalMar ASA's FCF Margin %, along with its competitors' market caps and FCF Margin % 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 FCF Margin % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, SalMar ASA's FCF Margin % distribution charts can be found below:

* The bar in red indicates where SalMar ASA's FCF Margin % falls into.


CHIX:SALMO
93GF Score
SalMar ASA CHIX:SALMO
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SalMar ASA FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

SalMar ASA's FCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=1241/27343
=4.54 %

SalMar ASA's FCF Margin for the quarter that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=935/6478
=14.43 %

* 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 FCF Margin % →
What does a FCF Margin % of 14.43% mean?
SalMar ASA (CHIX:SALMO) has a FCF Margin % of 14.43% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on SalMar ASA and its competitors. This is 18% above median its historical median of 12.22. According to the industry distribution chart, SalMar ASA ranks #144 out of 1958 companies in the Consumer Packaged Goods industry, placing it in the top 7.4%.
Is SalMar ASA's FCF Margin % too high?
SalMar ASA's current FCF Margin % of 14.43% is 18% above median its 10-year median of 12.22. The Consumer Packaged Goods industry median FCF Margin % is 2.11. SalMar ASA's value of 14.43% is 585.5% above this industry median. Based on the distribution chart, SalMar ASA ranks #144 out of 1958 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, SalMar ASA has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SalMar ASA's FCF Margin % compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, SalMar ASA ranks #144 out of 1958 companies for FCF Margin %. This places SalMar ASA in the top 7% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 2.11. SalMar ASA's value of 14.43% is 585.5% above this benchmark. While the company's 10-year median is 12.22 vs. the industry median of 2.11, 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 FCF Margin % for a Consumer Packaged Goods company?
The median FCF Margin % among Consumer Packaged Goods companies is 2.11, based on 1,958 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SalMar ASA's current FCF Margin % of 14.43% is 585.5% 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 FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on SalMar ASA and its competitors. For the Consumer Packaged Goods industry, the median FCF Margin % is 2.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SalMar ASA's current FCF Margin % is 14.43%, which is 18% above median its own 10-year median of 12.22. 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 (CHIX:SALMO) is currently considered Modestly Undervalued. The stock's GF Value™ is kr591.55, compared to a current price of kr458.10 — trading 22.6% below its estimated fair value. The current FCF Margin % is 14.43%, which is 18% above median its 10-year median of 12.22 and 585.5% above the Consumer Packaged Goods industry median of 2.11. SalMar ASA's overall GF Score™ is 93/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For SalMar ASA (CHIX:SALMO), the current FCF Margin % is 14.43% 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 SalMar ASA (CHIX:SALMO) Overvalued in 2026?

Based on GuruFocus' analysis, SalMar ASA stock appears to be undervalued. The current stock price of kr458.10 is trading 22.6% below its estimated GF Value™ of kr591.55. GuruFocus considers SalMar ASA to be Modestly Undervalued.

Key valuation signals for CHIX:SALMO:

  • FCF Margin %: 14.43% (18% above median its 10-year median of 12.22)
  • GF Value™: kr591.55 vs. price of kr458.10 (22.6% below fair value)
  • GF Score™: 93/100 with 6 warning signs
  • Industry Position: 585.5% above the Consumer Packaged Goods median (#144 of 1958)

No single metric tells the full story. See the CHIX:SALMO 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.
93GF Score

Get the complete analysis for CHIX:SALMO

FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr458.10
Price
kr591.55
GF Value