Financial Comparison: Marine Harvest ASA (MHGVY) versus The Competition

Marine Harvest ASA (OTCMKTS:MHGVY) is one of 69 public companies in the “FOOD – MISC/DIVERSIFIED” industry, but how does it weigh in compared to its rivals? We will compare Marine Harvest ASA to similar businesses based on the strength of its earnings, valuation, dividends, profitability, analyst recommendations, institutional ownership and risk.

Earnings and Valuation

This table compares Marine Harvest ASA and its rivals top-line revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Marine Harvest ASA	$6.06 billion	$506.96 million	27.43
Marine Harvest ASA Competitors	$8.11 billion	$411.86 million	23.47

Marine Harvest ASA’s rivals have higher revenue, but lower earnings than Marine Harvest ASA. Marine Harvest ASA is trading at a higher price-to-earnings ratio than its rivals, indicating that it is currently more expensive than other companies in its industry.

Risk & Volatility

Marine Harvest ASA has a beta of 1.19, suggesting that its share price is 19% more volatile than the S&P 500. Comparatively, Marine Harvest ASA’s rivals have a beta of 0.83, suggesting that their average share price is 17% less volatile than the S&P 500.

Insider & Institutional Ownership

54.4% of shares of all “FOOD – MISC/DIVERSIFIED” companies are owned by institutional investors. 14.9% of shares of all “FOOD – MISC/DIVERSIFIED” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Profitability

This table compares Marine Harvest ASA and its rivals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Marine Harvest ASA	5.77%	14.65%	6.94%
Marine Harvest ASA Competitors	-3.60%	-16.97%	1.87%

Analyst Ratings

This is a summary of current recommendations for Marine Harvest ASA and its rivals, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Marine Harvest ASA	0	3	0	1	2.50
Marine Harvest ASA Competitors	711	3433	3734	154	2.41

As a group, “FOOD – MISC/DIVERSIFIED” companies have a potential upside of 19.53%. Given Marine Harvest ASA’s rivals higher probable upside, analysts plainly believe Marine Harvest ASA has less favorable growth aspects than its rivals.

Dividends

Marine Harvest ASA pays an annual dividend of $0.50 per share and has a dividend yield of 2.7%. Marine Harvest ASA pays out 73.5% of its earnings in the form of a dividend. As a group, “FOOD – MISC/DIVERSIFIED” companies pay a dividend yield of 1.2% and pay out 38.5% of their earnings in the form of a dividend.

Summary

Marine Harvest ASA beats its rivals on 9 of the 15 factors compared.

About Marine Harvest ASA

Mowi ASA, a seafood company, farms, produces, and supplies Atlantic salmon products worldwide. It operates through three segments: Feed, Farming, and Sales and Marketing. The company is involved in the salmon feed production, salmon farming and primary processing, and seafood secondary processing activities. It offers whole fish, plain and marinated fillets and steaks, hot- and cold-smoked salmon, burgers and tartars, patties, gravad, sushi, and breaded products under the Ducktrap, MOWI, and Supreme Salmon brands. The company was formerly known as Marine Harvest ASA and changed its name to Mowi ASA in December 2018. Mowi ASA was founded in 1964 and is headquartered in Bergen, Norway.