SALM.OL Live signals | Maximize Profits with Getagraph.com

SELL 680 min ago

@ NOK666.50

Issued: 25 Apr 2024 @ 05:12

Return: 3.08%

Previous signal: Apr 24 - 09:34

Previous signal: Buy

Return: -0.15 %

Live Chart Being Loaded With Signals

Commentary (25 Apr 2024 @ 10:25):
Our systems believe the stock currently is overvalued by 0.30% compare to its pairs and should correct downwards.

Stats
Today's Volume	161 488
Average Volume	158 474
Market Cap	90.52B
EPS	NOK0 ( 2024-02-15 )
Next earnings date	( NOK8.52 ) 2024-05-14
Last Dividend	NOK20.00 ( 2023-06-09 )
Next Dividend	NOK0 ( N/A )
P/E	35.50
ATR14	NOK16.46 (2.42%)

Correlation (AI algo v.1.1b): Overvalued: -0.30% NOK678.48 paired level. (The Algo Track The Changes Of The Most Correlated Stocks In Realtime And Give An Instant Update)

Volume Correlation

Long: 0.89 (strong)

Short: -0.12 (neutral)

Signal:(63) Neutral

SalMar ASA Correlation

10 Most Positive Correlations
WAWI.OL	0.914
WWIB.OL	0.908
MOWI.OL	0.89
BWLPG.OL	0.888
SATS.OL	0.884
WWI.OL	0.876
NKR.OL	0.874
FROY.OL	0.87
AGAS.OL	0.863
EIOF.OL	0.844

10 Most Negative Correlations
HAVI.OL	-0.935
MULTI.OL	-0.895
BEWI.OL	-0.893
ASA.OL	-0.888
TECH.OL	-0.881
ELIMP.OL	-0.878
QFUEL.OL	-0.878
AGLX.OL	-0.873
ZWIPE.OL	-0.869
EQNR.OL	-0.869

Did You Know?

Correlation is a statistical measure that describes the relationship between two variables. It ranges from -1 to 1, where -1 indicates a perfect negative correlation (as one variable increases, the other decreases), 1 indicates a perfect positive correlation (as one variable increases, the other increases), and 0 indicates no correlation (there is no relationship between the variables).

Correlation can be used to analyze the relationship between any two variables, not just stocks. It's commonly used in fields such as finance, economics, psychology, and more.

SalMar ASA Correlation - Currency/Commodity

-0.46
( neutral )

-0.51
( weak negative )

0.46
( neutral )

-0.39
( neutral )

0.69
( moderate )

0.47
( neutral )

SalMar ASA Financials

Annual	2023
Revenue:	NOK28.10B
Gross Profit:	NOK9.25B (32.91 %)
EPS:	NOK21.59

Q4	2023
Revenue:	NOK8.02B
Gross Profit:	NOK2.05B (25.50 %)
EPS:	NOK10.00

Q3	2023
Revenue:	NOK7.51B
Gross Profit:	NOK4.75B (63.27 %)
EPS:	NOK4.81

Q2	2023
Revenue:	NOK5.90B
Gross Profit:	NOK3.53B (59.85 %)
EPS:	NOK-6.42

Financial Reports:

No articles found.

SalMar ASA Dividends

(Q3/22)	(Q4/22)	(Q1/23)	(Q2/23)	(Q3/23)	(Q4/23)	(Q1/24)	(Q2/24)	(Q3/24)	(Q4/24)
NOK0 (N/A)	NOK0 (N/A)	NOK0 (N/A)	NOK20.00 (N/A)	NOK0 (N/A)	NOK0 (N/A)	NOK0 (N/A)	NOK0 (N/A)	NOK0 (N/A)	NOK0 (N/A)

SalMar ASA Dividend Information - Dividend Knight

Dividend Sustainability Score: 10.00 - good (100.00%) | Divividend Growth Potential Score: 4.42 - Stable (11.61%)

Very Unsafe

High risk of being cut

Unsafe

Heightened risk of being cut

Borderline

Moderate risk of being cut

Safe

Unlikely to be cut

Very Safe

Very unlikely to be cut

Information

First Dividend	NOK1.100	2008-05-22
Last Dividend	NOK20.00	2023-06-09
Next Dividend	NOK0	N/A
Payout Date	2023-06-22
Next Payout Date	N/A
# dividends	14	--
Total Paid Out	NOK162.70	--
Avg. Dividend % Per Year	2.80%	--
Score	3.98	--
Div. Sustainability Score	10.00
Div.Growth Potential Score	4.42
Div. Directional Score	7.39	--

Next Divdend (Est)
(2024-06-17)

NOK20.90 Estimate 3.03 %

Dividend Stability

0.24 Very Poor

Dividend Score

3.98

Pay Frequency

Annually

Yearly Payout

Year	Amount	Yield
2008	NOK1.100	2.61%
2009	NOK0.400	1.48%
2010	NOK2.20	4.78%
2011	NOK4.00	6.50%
2012	NOK0	0.00%
2013	NOK0	0.00%
2014	NOK8.00	10.70%
2015	NOK10.00	7.69%
2016	NOK10.00	6.58%
2017	NOK12.00	4.65%
2018	NOK19.00	7.89%
2019	NOK23.00	5.35%
2020	NOK13.00	2.86%
2021	NOK20.00	4.08%
2022	NOK20.00	3.27%
2023	NOK20.00	5.30%
2024	NOK0	0.00%

Dividend Commentary

The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.

Top 10 dividend Companies for OSE

Symbol	Title	Last dividend	Frequency	Years Dividend	Yearly Dividend	Score
ALNG.OL	Dividend King	2023-11-27	Quarterly	2	6.60%	7.04
OKEA.OL	Dividend Knight	2023-12-01	Quarterly	3	5.65%	6.86
SALM.OL	Dividend Knight	2023-06-09	Annually	17	2.80%	4.97
BWLPG.OL	Dividend Knight	2023-11-17	Quarterly	11	1.68%	4.46
ELK.OL	Dividend Knight	2023-05-02	Annually	6	6.64%	4.31
BWO.OL	Dividend Knight	2023-11-20	Quarterly	14	0.87%	3.96
ATEA.OL	Dividend Knight	2023-11-20	Annually	16	2.97%	3.45
HAFNI.OL	Dividend Knight	2023-11-23	Semi-Annually	5	1.18%	3.31
AKER.OL	Dividend Knight	2023-11-07	Semi-Annually	20	2.99%	3.13
AUSS.OL	Dividend Knight	2023-05-26	Annually	17	3.23%	2.93

Dividend Sustainability Score (DSS)

Ratio	Actual Value	Weight	Normalized Value	Score	Range
netProfitMarginTTM	0.114	1.500	7.73	10.00	[0 - 0.5]
returnOnAssetsTTM	0.0601	1.200	8.00	9.60	[0 - 0.3]
returnOnEquityTTM	0.167	1.500	9.26	10.00	[0.1 - 1]
payoutRatioTTM	0.858	-1.000	1.421	-1.421	[0 - 1]
currentRatioTTM	1.817	0.800	5.91	4.73	[1 - 3]
quickRatioTTM	0.326	0.800	-2.79	-2.23	[0.8 - 2.5]
cashRatioTTM	0.0802	1.500	-0.666	-0.998	[0.2 - 2]
debtRatioTTM	0.267	-1.500	5.55	-8.33	[0 - 0.6]
interestCoverageTTM	6.22	1.000	8.81	8.81	[3 - 30]
operatingCashFlowPerShareTTM	66.46	2.00	10.00	10.00	[0 - 30]
freeCashFlowPerShareTTM	49.24	2.00	10.00	10.00	[0 - 20]
debtEquityRatioTTM	0.715	-1.500	7.14	-10.00	[0 - 2.5]
grossProfitMarginTTM	0.493	1.000	5.11	5.11	[0.2 - 0.8]
operatingProfitMarginTTM	0.270	1.000	6.61	6.61	[0.1 - 0.6]
cashFlowToDebtRatioTTM	0.615	1.000	7.69	7.69	[0.2 - 2]
assetTurnoverTTM	0.529	0.800	9.81	7.84	[0.5 - 2]
Total Score				10.36

Dividend Growth Score (DGS)

Ratio	Actual Value	Weight	Normalized Value	Score	Range
peRatioTTM	27.50	1.000	7.32	0	[1 - 100]
returnOnEquityTTM	0.167	2.50	9.52	10.00	[0.1 - 1.5]
freeCashFlowPerShareTTM	49.24	2.00	10.00	10.00	[0 - 30]
dividendYielPercentageTTM	2.99	1.500	10.00	0	[0 - 0.4]
operatingCashFlowPerShareTTM	66.46	2.00	10.00	10.00	[0 - 30]
payoutRatioTTM	0.858	1.500	1.421	-1.421	[0 - 1]
pegRatioTTM	-1.224	1.500	-10.00	0	[0.5 - 2]
operatingCashFlowSalesRatioTTM	0.310	1.000	4.74	0	[0.1 - 0.5]
Total Score				4.42

SalMar ASA

SalMar ASA, an aquaculture company, produces and sells farmed salmon in Asia, the United States, Canada, Norway, rest of Europe, and internationally. It is involved in the broodfish, lumpfish, and smolt production activities; and marine-phase farming, harvesting, packaging, processing, and selling farmed salmon. The company sells its products to importers/exporters, processing companies, and retail chains through in-house sales force and/or through partners. SalMar ASA was founded in 1991 and is headquartered in Kverva, Norway.