Reviewing Marine Harvest ASA (MHGVY) & Its Peers

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

Institutional and Insider Ownership

54.4% of shares of all “FOOD – MISC/DIVERSIFIED” companies are owned by institutional investors. 16.0% of shares of all “FOOD – MISC/DIVERSIFIED” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

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%

Valuation and Earnings

This table compares Marine Harvest ASA and its rivals gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Marine Harvest ASA	$6.06 billion	$506.96 million	27.43
Marine Harvest ASA Competitors	$8.08 billion	$411.86 million	23.90

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.

Volatility and Risk

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

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 1.0% and pay out 33.8% of their earnings in the form of a dividend.

Analyst Recommendations

This is a breakdown of recent ratings and target prices 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	710	3430	3734	154	2.42

As a group, “FOOD – MISC/DIVERSIFIED” companies have a potential upside of 19.55%. Given Marine Harvest ASA’s rivals higher possible upside, analysts plainly believe Marine Harvest ASA has less favorable growth aspects than its rivals.

Summary

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

Marine Harvest ASA Company Profile

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.