Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Icelandic Salmon AS is a prominent entity within the aquaculture industry, focusing primarily on the sustainable farming of salmon in Iceland. As a producer of high-quality salmon, the company plays a significant role in the seafood supply chain, delivering fresh products to markets around the globe. Icelandic Salmon is known for its commitment to environmental sustainability and uses advanced technology to minimize its ecological footprint, thus ensuring that its farming practices meet stringent international standards. The company's operations do not only bolster its position in the global aquaculture market but also contribute significantly to Iceland's economy by creating jobs and supporting rural communities. With the increasing global demand for sustainable seafood, Icelandic Salmon AS is strategically positioned to supply premium-grade salmon to both consumers and wholesalers, enhancing food security and satisfying consumer preferences for nutritious, ethically sourced proteins.
NOK 5.10
NOK 0.30 (-5.56%)
EOD Jul 1, 2026
The business is unprofitable at the operating level (-27.61% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue declined 11.3% YoY. Margins deteriorated 30.7pp alongside, both lines moving the wrong way.
ROIC dropped from 1.07% to -7.77%, capital efficiency is deteriorating. Negative free cash flow of -€29M. The business is consuming cash, not generating it.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
€90M
▼ -11.3% YoY
Net Income (TTM)
-€25M
▼ -703.5% YoY
Op. Margin
-27.61%
▼ -30.7pp YoY
ROIC
-7.77%
▼ -8.8pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-€29M
▼ -32.9% YoY
Op. Cash Flow (TTM)
-€22M
▼ -11.8% YoY
Net Debt
€129M
Cash & Equiv.
€7M
3Y CAGR: -17.0%
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Icelandic Salmon AS (ISLAX.XOSL)'s valuation is best read against its own history, its peers, and the growth its price implies. A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Icelandic Salmon AS scores 8/100 on Intrinsiqq's quality scorecard (a lower-quality business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. All figures are computed from SEC filings; read the full . This is analysis, not investment advice.
Icelandic Salmon AS scores 8 out of 100 on Intrinsiqq's quality score, a weighted blend of 6 metrics each scored 0 to 100, which makes it a lower-quality business on these measures. Recent fundamentals include a -27.6% operating margin and a -7.8% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
That depends on valuation and quality together, not either alone. you should weigh ISLAX.XOSL's valuation and scores 8/100 on quality (lower-quality). A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.