These Factors Make Austevoll Seafood ASA (OB:AUSS) An Interesting Investment

In This Article:

Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card!

I've been keeping an eye on Austevoll Seafood ASA (OB:AUSS) because I'm attracted to its fundamentals. Looking at the company as a whole, as a potential stock investment, I believe AUSS has a lot to offer. Basically, it is a company that has been able to sustain great financial health, trading at an attractive share price. Below, I've touched on some key aspects you should know on a high level. If you're interested in understanding beyond my broad commentary, take a look at the report on Austevoll Seafood here.

Very undervalued with excellent balance sheet

AUSS's ability to maintain an adequate level of cash to meet upcoming liabilities is a good sign for its financial health. This implies that AUSS manages its cash and cost levels well, which is a crucial insight into the health of the company. AUSS seems to have put its debt to good use, generating operating cash levels of 0.24x total debt in the most recent year. This is also a good indication as to whether debt is properly covered by the company’s cash flows. AUSS is currently trading below its true value, which means the market is undervaluing the company's expected cash flow going forward. According to my intrinsic value of the stock, which is driven by analyst consensus forecast of AUSS's earnings, investors now have the opportunity to buy into the stock to reap capital gains. Also, relative to the rest of its peers with similar levels of earnings, AUSS's share price is trading below the group's average. This supports the theory that AUSS is potentially underpriced.

OB:AUSS Price Estimation Relative to Market, June 5th 2019
OB:AUSS Price Estimation Relative to Market, June 5th 2019

Next Steps:

For Austevoll Seafood, I've compiled three key factors you should look at:

  1. Future Outlook: What are well-informed industry analysts predicting for AUSS’s future growth? Take a look at our free research report of analyst consensus for AUSS’s outlook.

  2. Historical Performance: What has AUSS's returns been like over the past? Go into more detail in the past track record analysis and take a look at the free visual representations of our analysis for more clarity.

  3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of AUSS? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.