ELKEM ASA (ELK.OL) Stock Fundamental Analysis
Europe - OSL:ELK - NO0010816093 - Common Stock
26 NOK
-0.62 (-2.33%)
Overall ELK gets a fundamental rating of 4 out of 10. We evaluated ELK against 66 industry peers in the Chemicals industry. ELK has only an average score on both its financial health and profitability. ELK is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year ELK has reported negative net income.
In the past year ELK had a positive cash flow from operations.
In the past 5 years ELK has always been profitable.
In the past 5 years ELK always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of ELK (-0.92%) is worse than 63.64% of its industry peers.
ELK has a worse Return On Equity (-1.87%) than 65.15% of its industry peers.
ELK has a Return On Invested Capital (2.72%) which is in line with its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for ELK is in line with the industry average of 7.12%.
The 3 year average ROIC (8.73%) for ELK is well above the current ROIC(2.72%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.92% | ||
| ROE | -1.87% | ||
| ROIC | 2.72% |
ROA(3y)6.39%
ROA(5y)6.2%
ROE(3y)11.85%
ROE(5y)12.17%
ROIC(3y)8.73%
ROIC(5y)8.61%
1.3 Margins
In the last couple of years the Profit Margin of ELK has declined.
ELK's Operating Margin of 8.03% is in line compared to the rest of the industry. ELK outperforms 59.09% of its industry peers.
In the last couple of years the Operating Margin of ELK has grown nicely.
ELK's Gross Margin of 52.20% is fine compared to the rest of the industry. ELK outperforms 78.79% of its industry peers.
ELK's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.03% | ||
| PM (TTM) | N/A | ||
| GM | 52.2% |
OM growth 3Y-7.33%
OM growth 5Y22.64%
PM growth 3Y-41.92%
PM growth 5Y-6.54%
GM growth 3Y0.8%
GM growth 5Y2.02%
2. Health
2.1 Basic Checks
ELK has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
ELK has about the same amout of shares outstanding than it did 1 year ago.
ELK has more shares outstanding than it did 5 years ago.
ELK has a better debt/assets ratio than last year.
2.2 Solvency
ELK has an Altman-Z score of 1.75. This is a bad value and indicates that ELK is not financially healthy and even has some risk of bankruptcy.
ELK has a worse Altman-Z score (1.75) than 71.21% of its industry peers.
A Debt/Equity ratio of 0.48 indicates that ELK is not too dependend on debt financing.
ELK has a Debt to Equity ratio (0.48) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.48 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.75 |
ROIC/WACC0.37
WACC7.3%
2.3 Liquidity
A Current Ratio of 3.00 indicates that ELK has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 3.00, ELK belongs to the top of the industry, outperforming 86.36% of the companies in the same industry.
A Quick Ratio of 1.56 indicates that ELK should not have too much problems paying its short term obligations.
The Quick ratio of ELK (1.56) is better than 72.73% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3 | ||
| Quick Ratio | 1.56 |
3. Growth
3.1 Past
The earnings per share for ELK have decreased strongly by -1100.00% in the last year.
The earnings per share for ELK have been decreasing by -11.90% on average. This is quite bad
The Revenue for ELK has decreased by -15.73% in the past year. This is quite bad
Measured over the past years, ELK shows a decrease in Revenue. The Revenue has been decreasing by -4.35% on average per year.
EPS 1Y (TTM)-1100%
EPS 3Y-53.14%
EPS 5Y-11.9%
EPS Q2Q%-66.67%
Revenue 1Y (TTM)-15.73%
Revenue growth 3Y-18.65%
Revenue growth 5Y-4.35%
Sales Q2Q%-2.63%
3.2 Future
Based on estimates for the next years, ELK will show a very strong growth in Earnings Per Share. The EPS will grow by 35.84% on average per year.
ELK is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.38% yearly.
EPS Next Y-182.81%
EPS Next 2Y27.27%
EPS Next 3Y35.84%
EPS Next 5YN/A
Revenue Next Year-6.28%
Revenue Next 2Y1.01%
Revenue Next 3Y2.38%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
ELK reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Based on the Price/Forward Earnings ratio of 20.58, the valuation of ELK can be described as rather expensive.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ELK is on the same level as its industry peers.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.27, ELK is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 20.58 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ELK indicates a somewhat cheap valuation: ELK is cheaper than 78.79% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 5.89 |
4.3 Compensation for Growth
ELK's earnings are expected to grow with 35.84% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y27.27%
EPS Next 3Y35.84%
5. Dividend
5.1 Amount
ELK has a Yearly Dividend Yield of 1.12%.
Compared to an average industry Dividend Yield of 3.21, ELK is paying slightly less dividend.
With a Dividend Yield of 1.12, ELK pays less dividend than the S&P500 average, which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.12% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
DPN/A
EPS Next 2Y27.27%
EPS Next 3Y35.84%
OSL:ELK (11/4/2025, 7:00:00 PM)
26
-0.62 (-2.33%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)
Earnings (Next)
Inst Owners20.1%
Inst Owner ChangeN/A
Ins Owners0.04%
Ins Owner ChangeN/A
Market Cap16.63B
Revenue(TTM)17.81B
Net Income(TTM)-446000000
Analysts78
Price Target28.36 (9.08%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.12% |
Yearly Dividend6.02
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-2034.13%
Min EPS beat(2)-2351.11%
Max EPS beat(2)-1717.16%
EPS beat(4)0
Avg EPS beat(4)-1057.71%
Min EPS beat(4)-2351.11%
Max EPS beat(4)-52.09%
EPS beat(8)1
Avg EPS beat(8)-1159.62%
EPS beat(12)3
Avg EPS beat(12)-775.14%
EPS beat(16)7
Avg EPS beat(16)-577.5%
Revenue beat(2)1
Avg Revenue beat(2)-0.25%
Min Revenue beat(2)-5.85%
Max Revenue beat(2)5.35%
Revenue beat(4)2
Avg Revenue beat(4)-2.17%
Min Revenue beat(4)-12.1%
Max Revenue beat(4)5.35%
Revenue beat(8)4
Avg Revenue beat(8)-2.65%
Revenue beat(12)6
Avg Revenue beat(12)-1.83%
Revenue beat(16)8
Avg Revenue beat(16)-0.79%
PT rev (1m)7.75%
PT rev (3m)7.75%
EPS NQ rev (1m)10.39%
EPS NQ rev (3m)-64.29%
EPS NY rev (1m)0%
EPS NY rev (3m)-152.52%
Revenue NQ rev (1m)4.12%
Revenue NQ rev (3m)4.12%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-4.32%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 20.58 | ||
| P/S | 0.81 | ||
| P/FCF | N/A | ||
| P/OCF | 9.98 | ||
| P/B | 0.7 | ||
| P/tB | 0.71 | ||
| EV/EBITDA | 5.89 |
EPS(TTM)-0.8
EYN/A
EPS(NY)1.26
Fwd EY4.86%
FCF(TTM)-2
FCFYN/A
OCF(TTM)2.61
OCFY10.02%
SpS32.13
BVpS37.28
TBVpS36.5
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.92% | ||
| ROE | -1.87% | ||
| ROCE | 3.73% | ||
| ROIC | 2.72% | ||
| ROICexc | 2.91% | ||
| ROICexgc | 2.95% | ||
| OM | 8.03% | ||
| PM (TTM) | N/A | ||
| GM | 52.2% | ||
| FCFM | N/A |
ROA(3y)6.39%
ROA(5y)6.2%
ROE(3y)11.85%
ROE(5y)12.17%
ROIC(3y)8.73%
ROIC(5y)8.61%
ROICexc(3y)10.76%
ROICexc(5y)10.71%
ROICexgc(3y)11.49%
ROICexgc(5y)11.66%
ROCE(3y)12.41%
ROCE(5y)12.33%
ROICexgc growth 3Y-39.97%
ROICexgc growth 5Y-3.21%
ROICexc growth 3Y-38.01%
ROICexc growth 5Y-2.06%
OM growth 3Y-7.33%
OM growth 5Y22.64%
PM growth 3Y-41.92%
PM growth 5Y-6.54%
GM growth 3Y0.8%
GM growth 5Y2.02%
F-Score6
Asset Turnover0.43
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.48 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 2.54 | ||
| Cap/Depr | 104.17% | ||
| Cap/Sales | 14.33% | ||
| Interest Coverage | 1.99 | ||
| Cash Conversion | 37.2% | ||
| Profit Quality | N/A | ||
| Current Ratio | 3 | ||
| Quick Ratio | 1.56 | ||
| Altman-Z | 1.75 |
F-Score6
WACC7.3%
ROIC/WACC0.37
Cap/Depr(3y)178.1%
Cap/Depr(5y)168.55%
Cap/Sales(3y)17.35%
Cap/Sales(5y)14.34%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-1100%
EPS 3Y-53.14%
EPS 5Y-11.9%
EPS Q2Q%-66.67%
EPS Next Y-182.81%
EPS Next 2Y27.27%
EPS Next 3Y35.84%
EPS Next 5YN/A
Revenue 1Y (TTM)-15.73%
Revenue growth 3Y-18.65%
Revenue growth 5Y-4.35%
Sales Q2Q%-2.63%
Revenue Next Year-6.28%
Revenue Next 2Y1.01%
Revenue Next 3Y2.38%
Revenue Next 5YN/A
EBIT growth 1Y483.39%
EBIT growth 3Y-24.62%
EBIT growth 5Y17.3%
EBIT Next Year159.13%
EBIT Next 3Y56.1%
EBIT Next 5YN/A
FCF growth 1Y-213.59%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-72.6%
OCF growth 3Y-25.52%
OCF growth 5Y2%
ELKEM ASA / ELK.OL FAQ
What is the ChartMill fundamental rating of ELKEM ASA (ELK.OL) stock?
ChartMill assigns a fundamental rating of 4 / 10 to ELK.OL.
What is the valuation status of ELKEM ASA (ELK.OL) stock?
ChartMill assigns a valuation rating of 2 / 10 to ELKEM ASA (ELK.OL). This can be considered as Overvalued.
What is the profitability of ELK stock?
ELKEM ASA (ELK.OL) has a profitability rating of 5 / 10.
What is the financial health of ELKEM ASA (ELK.OL) stock?
The financial health rating of ELKEM ASA (ELK.OL) is 4 / 10.