Valuation and financial analysis of Salmar ASA
Journal: Duo Research Archive (University of Oslo)
Year: 2019

The purpose of this master's thesis is to estimate a theoretical equity value of SalMar ASA\nand thereby value per share on 26.04.2019. The valuation was mainly based on a fundamental\nvaluation, supplemented by a method of comparable companies valuation. In the fundamental\nvaluation, the enterprise value was estimated by discounting expected future cash flows to\npresent value. In the comparable companies method multiples have been utilized to provide a\nsupplementary valuation.\nThe first par