Mowi ASA (MHGVY) Stock

About Mowi ASA

Mowi ASA, a prominent international seafood enterprise headquartered in Bergen, Norway, and established in 1964, specializes in the production and global distribution of farmed salmon. Its operations are structured across three distinct divisions: Feed, Farming, and Sales and Marketing. The company's core activities encompass the entire salmon value chain, including feed manufacturing, aquaculture (salmon farming) and initial processing, as well as more advanced secondary processing of various seafood. Mowi's extensive product portfolio features whole gutted fish, notably premium options like Label Rouge and organic salmon. Beyond salmon, they also supply white fish and other aquatic delicacies. Their prepared offerings include various cuts such as fillets, steaks, cutlets, portions, loins, kebabs, and convenient steak combos. Furthermore, they market a wide array of value-added seafood items, ranging from breaded, pre-fried, dusted, marinated, grilled, and battered selections to topped or sauce-filled specialties. This also extends to delicatessen items, convenient fresh fish ready meals, and smoked fish products. Their diverse product line is sold under numerous established brand names, including Mowi, Mowi Salmon, Donegal Silver, Admiral's, Pieters, Laschinger, Kritsen, Ducktrap River, Harbour Salmon Co., Rebel Fish, Supreme Salmon, Olav's, Northern Harvest, and Mowi Nutrition. The company adopted its current name, Mowi ASA, in December 2018, having previously operated as Marine Harvest ASA.

Mowi ASA is headquartered in NO.

Mowi ASA (MHGVY) stock trades at $21.04 with a market capitalization of $11.09B. The stock is valued at a price-to-earnings (P/E) ratio of 15.27, price-to-book of 2.34, price-to-sales of 1.63. Over the past 52 weeks the stock has ranged between $18.06 and $24.86, and currently trades 15.4% below its 52-week high. It pays a dividend yielding 4.71%.

On profitability, Mowi ASA generates a return on equity (ROE) of 15.32%, above the typical market range of roughly 12-15%, return on capital employed of 10.38%, an operating margin of 15.34%, a net profit margin of 10.55%.

Official website: www.mowi.com

Mowi ASA by the numbers, 2016–2025

Between 2016 and 2025 Mowi ASA reported revenue of $3.5B rising to $5.5B, a change of +56.0% across 10 years. Compounded, revenue has grown 7.9% a year over five years, 3.6% over three, -2.5% over the last twelve months. Net profit rose to $718.0M.

Operating margin went from 28.3% in 2016 to 11.7% in 2025, a fall of 16.6 percentage points. The most recent net margin is 10.55%. On a trailing twelve-month basis to Jun '26, revenue is $6.1B and net profit $653.0M.

Borrowings rose from $994.0M to $3.5B, cash on hand is $264.1M, cash from operations was $871.0M in the latest year, positive in 10 of the last 10.

Return on equity has averaged 15.8% over five years, and was 16.4% in the most recent year.

The share price itself has compounded at -1.3% a year over five years, 10.5% over three, 0.9% over the last year. Past price movement is history, not a forecast.

Figures are as reported and in the company's own reporting currency. They describe what has already happened and carry no implication about what follows.

Mowi ASA (MHGVY) — frequently asked questions