ELKEM ASA (ELK.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:ELK - NO0010816093 - Common Stock
27.48 NOK
-0.32 (-1.15%)
ELK gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 74 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
Looking at the Return On Assets, with a value of -1.07%, ELK is doing worse than 68.92% of the companies in the same industry.
Looking at the Return On Equity, with a value of -2.13%, ELK is doing worse than 70.27% of the companies in the same industry.
ELK's Return On Invested Capital of 2.29% is in line compared to the rest of the industry. ELK outperforms 43.24% of 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 6.87%.
The 3 year average ROIC (8.73%) for ELK is well above the current ROIC(2.29%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.07% | ||
| ROE | -2.13% | ||
| ROIC | 2.29% |
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.
Looking at the Operating Margin, with a value of 8.13%, ELK is in line with its industry, outperforming 59.46% of the companies in the same industry.
In the last couple of years the Operating Margin of ELK has grown nicely.
Looking at the Gross Margin, with a value of 53.81%, ELK belongs to the top of the industry, outperforming 82.43% of the companies in the same industry.
In the last couple of years the Gross Margin of ELK has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.13% | ||
| PM (TTM) | N/A | ||
| GM | 53.81% |
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.
Compared to 1 year ago, ELK has about the same amount of shares outstanding.
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 1.71. This is a bad value and indicates that ELK is not financially healthy and even has some risk of bankruptcy.
ELK has a Altman-Z score of 1.71. This is in the lower half of the industry: ELK underperforms 72.97% of its industry peers.
A Debt/Equity ratio of 0.47 indicates that ELK is not too dependend on debt financing.
ELK has a Debt to Equity ratio of 0.47. This is comparable to the rest of the industry: ELK outperforms 44.59% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.71 |
ROIC/WACC0.31
WACC7.33%
2.3 Liquidity
ELK has a Current Ratio of 3.27. This indicates that ELK is financially healthy and has no problem in meeting its short term obligations.
ELK has a Current ratio of 3.27. This is amongst the best in the industry. ELK outperforms 89.19% of its industry peers.
ELK has a Quick Ratio of 1.67. This is a normal value and indicates that ELK is financially healthy and should not expect problems in meeting its short term obligations.
With a decent Quick ratio value of 1.67, ELK is doing good in the industry, outperforming 75.68% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.27 | ||
| Quick Ratio | 1.67 |
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 -46.80% 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)-46.8%
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 46.08% on average per year.
ELK is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.55% yearly.
EPS Next Y-125.85%
EPS Next 2Y29.81%
EPS Next 3Y46.08%
EPS Next 5YN/A
Revenue Next Year-7.35%
Revenue Next 2Y-0.68%
Revenue Next 3Y1.55%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
ELK reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
A Price/Forward Earnings ratio of 20.91 indicates a rather expensive valuation of ELK.
ELK's Price/Forward Earnings ratio is in line with the industry average.
The average S&P500 Price/Forward Earnings ratio is at 36.21. ELK is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 20.91 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ELK is valued a bit cheaper than the industry average as 77.03% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 6.47 |
4.3 Compensation for Growth
ELK's earnings are expected to grow with 46.08% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y29.81%
EPS Next 3Y46.08%
5. Dividend
5.1 Amount
ELK has a Yearly Dividend Yield of 1.08%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.13, ELK is paying slightly less dividend.
Compared to an average S&P500 Dividend Yield of 2.32, ELK's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.08% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
DPN/A
EPS Next 2Y29.81%
EPS Next 3Y46.08%
OSL:ELK (12/2/2025, 11:00:00 AM)
27.48
-0.32 (-1.15%)
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 Cap17.57B
Revenue(TTM)16.90B
Net Income(TTM)-509.00M
Analysts78
Price Target28.36 (3.2%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.08% |
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)1
Avg EPS beat(2)-794.23%
Min EPS beat(2)-1717.16%
Max EPS beat(2)128.7%
EPS beat(4)1
Avg EPS beat(4)-1012.51%
Min EPS beat(4)-2351.11%
Max EPS beat(4)128.7%
EPS beat(8)2
Avg EPS beat(8)-1098.43%
EPS beat(12)3
Avg EPS beat(12)-769.13%
EPS beat(16)7
Avg EPS beat(16)-570.96%
Revenue beat(2)1
Avg Revenue beat(2)0.07%
Min Revenue beat(2)-5.2%
Max Revenue beat(2)5.35%
Revenue beat(4)2
Avg Revenue beat(4)-0.45%
Min Revenue beat(4)-5.85%
Max Revenue beat(4)5.35%
Revenue beat(8)4
Avg Revenue beat(8)-1.9%
Revenue beat(12)5
Avg Revenue beat(12)-2.35%
Revenue beat(16)7
Avg Revenue beat(16)-1.31%
PT rev (1m)-1.84%
PT rev (3m)7.75%
EPS NQ rev (1m)0%
EPS NQ rev (3m)8.51%
EPS NY rev (1m)68.78%
EPS NY rev (3m)49.39%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.41%
Revenue NY rev (1m)-1.14%
Revenue NY rev (3m)-1.49%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 20.91 | ||
| P/S | 1.04 | ||
| P/FCF | N/A | ||
| P/OCF | 13.01 | ||
| P/B | 0.74 | ||
| P/tB | 0.75 | ||
| EV/EBITDA | 6.47 |
EPS(TTM)-0.8
EYN/A
EPS(NY)1.31
Fwd EY4.78%
FCF(TTM)-2.28
FCFYN/A
OCF(TTM)2.11
OCFY7.69%
SpS26.42
BVpS37.29
TBVpS36.53
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.07% | ||
| ROE | -2.13% | ||
| ROCE | 3.14% | ||
| ROIC | 2.29% | ||
| ROICexc | 2.45% | ||
| ROICexgc | 2.48% | ||
| OM | 8.13% | ||
| PM (TTM) | N/A | ||
| GM | 53.81% | ||
| 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-Score5
Asset Turnover0.36
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 2.7 | ||
| Cap/Depr | 100.39% | ||
| Cap/Sales | 16.64% | ||
| Interest Coverage | 1.76 | ||
| Cash Conversion | 32.37% | ||
| Profit Quality | N/A | ||
| Current Ratio | 3.27 | ||
| Quick Ratio | 1.67 | ||
| Altman-Z | 1.71 |
F-Score5
WACC7.33%
ROIC/WACC0.31
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-125.85%
EPS Next 2Y29.81%
EPS Next 3Y46.08%
EPS Next 5YN/A
Revenue 1Y (TTM)-46.8%
Revenue growth 3Y-18.65%
Revenue growth 5Y-4.35%
Sales Q2Q%-2.63%
Revenue Next Year-7.35%
Revenue Next 2Y-0.68%
Revenue Next 3Y1.55%
Revenue Next 5YN/A
EBIT growth 1Y55.61%
EBIT growth 3Y-24.62%
EBIT growth 5Y17.3%
EBIT Next Year159.13%
EBIT Next 3Y56.1%
EBIT Next 5YN/A
FCF growth 1Y-428.99%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-73.43%
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.