Norcod AS (FRA:NO9) Valuation Rank

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.

FRA:NO9 Norcod AS FRA:NO9
54 GF Score
Price €0.91
GF Value €0.54
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Norcod AS Valuation Rank?

The Valuation Rank measures the current valuation of a business relative to other companies in the same industry and its own historical valuation. The companies are split in equal numbers and then ranked from 1 to 10, with 10 as the most undervalued and 1 as the most overvalued.

  1. Three factors:
    • Absolute valuation (medpsvalue) relative to current stock price, rank among all companies
    • Historical valuation over the past 10 years. Rank pe, ps, pocf, ev2ebit over their own historical values
    • Industry relative valuation
  2. Companies without enough data is not ranked
  3. Companies with negative earnings are ranked lower

These three factors are used to calculate the value score for every eligible company, with values from 1 to 10. The final ranked companies are split in equal numbers and ranked from 1 to 10, with 10 as the most undervalued, and 1 as the most overvalued. The numbers of companies in each rank are the same.

Norcod AS Valuation Rank Related Terms

FRA:NO9
54GF Score
Norcod AS FRA:NO9
Valuation Rank is just one metric. See GF Score™, valuation, warning signs, and more.
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Is Norcod AS (FRA:NO9) Overvalued in 2026?

Based on GuruFocus' analysis, Norcod AS stock appears to be overvalued. The current stock price of €0.91 is trading 68.9% above its estimated GF Value™ of €0.54. GuruFocus considers Norcod AS to be Significantly Overvalued.

Key valuation signals for FRA:NO9:

  • Valuation Rank:
  • GF Value™: €0.54 vs. price of €0.91 (68.9% above fair value)
  • GF Score™: 54/100 with 7 warning signs

No single metric tells the full story. See the FRA:NO9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Norcod AS Business Description

Other Exchanges NCOD:Norway
Address Thomas Angells Gate 22, Trondheim, NOR, 7011
Norcod AS is engaged in the business of commercial farming and selling Atlantic cod in marine facilities. The company serves customers world-wide. Its production is based in its natural cold-water habitat along the coast of Central and Northern Norway. The company's operating revenue is derived mainly from the sale of cod. The company has two operating segments: Farming, Includes activities related to fish farming operations from juvenile to harvest-ready biomass and sale of cod and liver in Norway and for export through the sales agent Sirena Group; and Harvesting, Includes harvesting activities, where farming generates maximum revenue.
54GF Score

Get the complete analysis for FRA:NO9

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

€0.91
Price
€0.54
GF Value