Masoval AS (MAS.OL) Stock Price

Masoval AS Price

CLOSED
37.90
+0.00 (+0.00 %)
Market closed

Revenue has compounded at 16.8% per year over the past 7 years to 2.17 B NOK. Earnings per share have declined at 0.6% per year over the last 6 years. Masoval AS's net margin stands at -3.4%, down from 15.3% several years earlier. Masoval AS currently offers a dividend yield of about 1.32%. The payout ratio is around 42% of earnings. Analysts set a median price target of 30.60 NOK, implying 19.3% below the current price. Of 8 analysts, 7 rate the stock a buy — an overall Buy consensus. The stock trades about 74% above its 52-week low.

Masoval AS stock price

Volume
Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Masoval AS over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Masoval AS stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Masoval AS's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Masoval AS Stock Price History
DateMasoval AS Price
9/18/202637.90 NOK
9/17/202637.90 NOK
9/16/202638.10 NOK
9/14/202638.00 NOK
9/11/202637.90 NOK
9/10/202638.00 NOK
9/9/202637.90 NOK
9/8/202637.90 NOK
9/4/202637.90 NOK
9/3/202637.80 NOK
9/2/202637.80 NOK
9/1/202637.90 NOK
8/31/202637.80 NOK
8/28/202637.70 NOK
8/27/202637.90 NOK
8/26/202637.70 NOK
8/25/202637.90 NOK
8/21/202637.70 NOK
8/20/202637.90 NOK
8/19/202637.90 NOK
8/18/202637.90 NOK
8/17/202637.80 NOK
8/14/202637.70 NOK
8/13/202637.70 NOK
8/12/202637.70 NOK
8/11/202637.80 NOK
8/10/202637.80 NOK
8/7/202637.90 NOK
8/6/202637.80 NOK
8/5/202637.80 NOK
Access this data via the Eulerpool API

Masoval AS Revenue, EBIT, Net Income

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  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2021
1.08 B NOK
372.65 M NOK
164.30 M NOK
Jan 1, 2022
1.81 B NOK
893.96 M NOK
620.96 M NOK
Jan 1, 2023
2.23 B NOK
471.43 M NOK
-135.90 M NOK
Jan 1, 2024
2.07 B NOK
360.83 M NOK
147.35 M NOK
Jan 1, 2025
2.17 B NOK
-54.54 M NOK
-73.03 M NOK
Jan 1, 2026 (e)
2.62 B NOK
306.62 M NOK
105.01 M NOK
Jan 1, 2027 (e)
2.92 B NOK
418.17 M NOK
219.49 M NOK
Jan 1, 2028 (e)
3.14 B NOK
578.45 M NOK
319.99 M NOK

Masoval AS Income Statement, Balance Sheet, Cash Flow Statement

Last updated Sep 21, 2026, 8:17 AM
 
REVENUEB NOK
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB NOK
EBITM NOK
EBIT MARGIN%
NET INCOMEM NOK
NET INCOME GROWTH%
DIV.NOK
DIV. GROWTH%
SHARESM
201820192020202120222023202420252026e2027e2028e
0.760.850.891.121.902.382.232.352.622.923.14
11.584.6025.8270.0725.45-6.225.0211.8111.217.75
54.2142.4553.6647.4064.0744.3941.6921.7921.7921.7921.79
0.410.360.480.531.221.060.930.510.570.640.68
201.00187.00221.00372.00893.00471.00360.00-54.00306.00418.00578.00
26.4522.0524.9233.3347.0519.7816.12-2.3011.6714.3318.40
135.00122.00199.00164.00620.00-135.00147.00-73.00105.00219.00319.00
-9.6363.11-17.59278.05-121.77-208.89-149.66-243.84108.5745.66
1.000.500.500.500.500.50
-50.00
108.36108.36109.71109.11122.51122.51122.51121.20121.20121.20121.20
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Masoval AS generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Masoval AS retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Masoval AS's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Masoval AS has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Masoval AS's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Masoval AS stock margins

The Masoval AS margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Masoval AS. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Masoval AS.
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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
49.23 %
34.64 %
15.27 %
Jan 1, 2022
67.26 %
49.42 %
34.33 %
Jan 1, 2023
47.42 %
21.14 %
-6.09 %
Jan 1, 2024
44.97 %
17.41 %
7.11 %
Jan 1, 2025
23.58 %
-2.51 %
-3.37 %
Jan 1, 2026 (e)
23.58 %
11.69 %
4.00 %
Jan 1, 2027 (e)
23.58 %
14.34 %
7.53 %
Jan 1, 2028 (e)
23.58 %
18.41 %
10.18 %

Masoval AS Stock Revenue, EBIT, Earnings per Share

The Masoval AS earnings per share therefore indicates how much revenue Masoval AS has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2021
9.86 NOK
3.42 NOK
1.51 NOK
Jan 1, 2022
14.76 NOK
7.30 NOK
5.07 NOK
Jan 1, 2023
18.20 NOK
3.85 NOK
-1.11 NOK
Jan 1, 2024
16.92 NOK
2.95 NOK
1.20 NOK
Jan 1, 2025
17.90 NOK
-0.45 NOK
-0.60 NOK
Jan 1, 2026 (e)
21.41 NOK
2.53 NOK
0.86 NOK
Jan 1, 2027 (e)
23.81 NOK
3.45 NOK
1.79 NOK
Jan 1, 2028 (e)
25.65 NOK
4.77 NOK
2.61 NOK

Masoval AS business model & stock analysis

Masoval AS Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Masoval AS historical P/E ratio, EBIT multiple, and P/S ratio

Masoval AS annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down Masoval AS's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in Masoval AS's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare Masoval AS's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Masoval AS shares outstanding

The number of shares of Masoval AS was 121.2 M in 2025. This indicates how many shares Masoval AS is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
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  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
109.11 M Stocks
Jan 1, 2022
122.51 M Stocks
Jan 1, 2023
122.51 M Stocks
Jan 1, 2024
122.51 M Stocks
Jan 1, 2025
121.20 M Stocks
Jan 1, 2026 (e)
121.20 M Stocks
Jan 1, 2027 (e)
121.20 M Stocks
Jan 1, 2028 (e)
121.20 M Stocks

Masoval AS Dividend History

3 years of dividend payments

YearAnnual DividendYoY ChangePayments
20240.50NOK 0.0%
20230.50NOK 50.0%
20221.00NOK

Masoval AS dividend payout ratio

In 2025, Masoval AS had a payout ratio of 30.65%. The payout ratio indicates the percentage of the company's profits that Masoval AS distributes as dividends.
  • 3 Years

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  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2021
30.65 %
Jan 1, 2022
19.73 %
Jan 1, 2023
-45.07 %
Jan 1, 2024
41.57 %
Jan 1, 2025
30.65 %
Jan 1, 2026 (e)
58.33 %
Jan 1, 2027 (e)
27.91 %
Jan 1, 2028 (e)
19.14 %

Current Masoval AS forecasts and price targets in September 2026

Analyst Price Targets 2026
Δ MOM Price Target
0.00 %
Buy
87.50 % (7)
Hold
12.50 % (1)
Sell
0.00 % (0)
12M Price Target
30.60
Last Price
37.90
Currency
NOK
12M Return Potential
-19.26 %
LTM Return
51.60 %

Masoval AS Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
11/17/2026-0.05NOK-579.43 MNOK-2026 Q3
8/27/20260.28NOK0.18NOK848.33 MNOK-2026 Q2
5/21/20260.08NOK-0.05NOK497.93 MNOK-2026 Q1
2/26/20260.25NOK0.30NOK815.66 MNOK-2025 Q4
11/18/2025-0.25NOK-0.59NOK495.00 MNOK-2025 Q3
8/19/2025-0.09NOK-0.13NOK688.58 MNOK-2025 Q2
2/25/2025-0.03NOK-0.46NOK419.06 MNOK-2024 Q4
11/19/2024-0.24NOK-0.47NOK503.39 MNOK-2024 Q3
8/27/20241.11NOK1.55NOK897.97 MNOK-2024 Q2
5/23/20240.20NOK0.53NOK397.33 MNOK-2024 Q1

Masoval AS shareholder structure

% Name
8.50923%
ODIN Forvaltning AS
ODIN Forvaltning AS
1.98854%
Nordea Funds Oy
Nordea Funds Oy
1.85302%
Handelsbanken Kapitalförvaltning AB
Handelsbanken Kapitalförvaltning AB
0.10608%
Nordea Investment Funds S.A.
Nordea Investment Funds S.A.
0.04860%
Mandarine Gestion
Mandarine Gestion
0.01879%
Vibrand Kapitalforvaltning AS
Vibrand Kapitalforvaltning AS

Masoval AS Beneficial Ownership Filings (SEC 13D/G)

Free Float
11.6%
Float Shares
14.25 M
Shares Outstanding
122.51 M

Masoval AS Executives and Management Board

14 members · avg. age 56 · 21 % women

Management

HK

Mr. Helge Kvalvik

Chief Executive Officer

AH

Mr. Anders Hagestande

Chief Financial Officer

EH

Mr. Eldar Henden

CEO and part owner in Pure Norwegian Seafood AS

BF

Ms. Berit Flamo

Head of Communications

HF

Ms. Henny Forde

Head of Sales and Logistics

HH

Mr. Harry Hansen

Head of Farming/Sea

Board of Directors

LM

Mr. Lars Masoval

Chairman of the Board

RG

Mr. Roger Granheim

Board Member

OL

Mr. Ola Loe (56)

Board Member

KM

Mr. Kari Moe

Board Member

NS

Ms. Nina Santi

Board Member

Frequently asked questions about Masoval AS

Analysts currently set an average price target of 31.96 NOK for the Masoval AS stock (median: 30.60 NOK), implying -15.7 % versus the latest price. The consensus is based on 8 analyst ratings.

8 analysts currently rate the Masoval AS stock: 7 recommend buying, 1 holding and 0 selling. For 2026, analysts expect Masoval AS to generate revenue of 2.62 B NOK and earnings per share of 0.87 NOK.

Converted at the current exchange rate, the Masoval AS share trades at 3.51 EUR (37.90 NOK).

No history available for Masoval AS.

The expected revenue of Masoval AS is 2.62 B NOK. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Masoval AS is 105.01 M NOK. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Masoval AS is currently 43.74. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Masoval AS stock.

The price-to-sales ratio (P/S) of Masoval AS is currently 1.75. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Masoval AS stock.

The Eulerpool Quality Score for Masoval AS is 2/10.

The ISIN of Masoval AS is NO0010974983. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Masoval AS is A3CSWR. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Masoval AS is MAS.OL. The ticker symbol is used to trade Masoval AS shares on the stock exchange.

Over the past 12 months, Masoval AS paid a dividend of 0.50 NOK . This corresponds to a dividend yield of about 1.32 %. For the coming 12 months, Masoval AS is expected to pay a dividend of 0.50 NOK.

The current dividend yield of Masoval AS is 1.32 %.

Masoval AS paid dividends every year for the past 0 years.

For the upcoming 12 months, dividends amounting to 0.50 NOK are expected. This corresponds to a dividend yield of 1.32 %.

Masoval AS is assigned to the 'Non-cyclical consumption' sector.

To receive the latest dividend of Masoval AS from 6/13/2024 amounting to 0.5 NOK, you needed to have the stock in your portfolio before the ex-date on 6/5/2024.

The last dividend was paid out on 6/13/2024.

In the year 2024, Masoval AS distributed 0.5 NOK as dividends.

The dividends of Masoval AS are distributed in NOK.

Fair ValuePRO
36.76 NOK
Over-/UndervaluationPRO
Fairly valued
Industry
Food Products
Number of shares
Employees
Revenue per Employee
9.82 M NOK
Revenue growth Ø5 years
EBIT growth Ø5 years
Net Income growth Ø5 years
Website masoval.no
Country
Norway
Currency
NOK
Initial public offering
Jun 17, 2021
ISIN
NO0010974983
Cusip
R45508109
Market capitalization
4.64 B NOKMid Cap
52-Week Range
21.8038.10NOK
Revenue growth (10Y) > 5%
Revenue growth (3Y) > 5 %
EBIT growth (10Y) > 5%
EBIT growth (3Y) > 5 %
Net debt < 4x EBIT
Profitable since 10Y+
EBIT Drawdown (10Y) < 50%
Return on Equity (ROE) > 15%
ROCE > 15%
Return Expectation > 10%
PEG
-1.40
P/E ratio
P/Ee 2026
44.22
P/Ee 2027
21.15
P/Ee 2028
14.51
P/S
P/Se
1.75
EV/EBIT
P/B Ratio
2.60
ROE (Return on Equity)
ROA (Return on Assets)
ROCE (Return on Capital Employed)
ROIC (Return on Invested Capital)
-2.35 %
Gross Margin
23.58 %
EBIT Margin
-2.51 %
Net Margin
-3.37 %
EPS (Earnings Per Share)
-0.60 NOK
Net Debt / EBIT
-22.38
Debt/Equity
0.74
Dividend
Dividend yield
0.00 %
Est. Dividend Yield
1.32 %
Payout Ratio
30.65 %
Dividend growth Ø5Y
Dividend payments per year
1
Dividend paid since
0 years
Dividend not reduced since
0 years
Dividend increased since
0 years
Dividend withholding tax
25.00 %
Last updated Sep 21, 2026, 8:17 AM

Masoval AS Peer Group

Masoval AS FIGI

MAS:NO · BBG011DXTNC4MASO:PO · BBG011J0WHX6MASNOK:XH · BBG011J0WLD9MASNOK:XF · BBG011J0WLG6MASNOK:XE · BBG011J0WLJ3MASNOK:XL · BBG011J0WLL0MASNOK:XG · BBG011J0WLN8MASNOK:XO · BBG011J0WLQ5MASNOK:XA · BBG011J0WLV9MASNOK:XT · BBG011J0WLX7MASNOK:XW · BBG011J0WLY6MASNOK:XU · BBG011J0WLZ5

All fundamentals and in-depth analysis of Masoval AS

Our stock analysis for Masoval AS stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Masoval AS. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.