ELKEM ASA (ELK.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:ELK - NO0010816093 - Common Stock
30.6 NOK
-0.3 (-0.97%)
Taking everything into account, ELK scores 4 out of 10 in our fundamental rating. ELK was compared to 73 industry peers in the Chemicals industry. Both the profitability and the financial health of ELK get a neutral evaluation. Nothing too spectacular is happening here. ELK has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
ELK had negative earnings in the past year.
ELK had a positive operating cash flow in the past year.
Each year in the past 5 years ELK has been profitable.
In the past 5 years ELK always reported a positive cash flow from operatings.
1.2 Ratios
ELK has a worse Return On Assets (-1.07%) than 69.86% of its industry peers.
With a Return On Equity value of -2.13%, ELK is not doing good in the industry: 71.23% of the companies in the same industry are doing better.
With a Return On Invested Capital value of 2.29%, ELK perfoms like the industry average, outperforming 41.10% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for ELK is in line with the industry average of 6.84%.
The last Return On Invested Capital (2.29%) for ELK is well below the 3 year average (8.73%), which needs to be investigated, but indicates that ELK had better years and this may not be a problem.
| 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
ELK's Profit Margin has declined in the last couple of years.
With a Operating Margin value of 8.13%, ELK perfoms like the industry average, outperforming 58.90% of the companies in the same industry.
In the last couple of years the Operating Margin of ELK has grown nicely.
ELK's Gross Margin of 53.81% is amongst the best of the industry. ELK outperforms 82.19% of its industry peers.
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.
The number of shares outstanding for ELK has been increased compared to 5 years ago.
The debt/assets ratio for ELK has been reduced compared to a year ago.
2.2 Solvency
ELK has an Altman-Z score of 1.76. This is a bad value and indicates that ELK is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of ELK (1.76) is worse than 72.60% of its industry peers.
ELK has a Debt/Equity ratio of 0.47. This is a healthy value indicating a solid balance between debt and equity.
With a Debt to Equity ratio value of 0.47, ELK perfoms like the industry average, outperforming 47.95% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.76 |
ROIC/WACC0.31
WACC7.36%
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.
Looking at the Current ratio, with a value of 3.27, ELK belongs to the top of the industry, outperforming 89.04% of the companies in the same industry.
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.
ELK has a Quick ratio of 1.67. This is in the better half of the industry: ELK outperforms 78.08% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.27 | ||
| Quick Ratio | 1.67 |
3. Growth
3.1 Past
ELK shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -1100.00%.
The earnings per share for ELK have been decreasing by -11.90% on average. This is quite bad
ELK shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -46.80%.
ELK shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -4.35% yearly.
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
The Earnings Per Share is expected to grow by 42.92% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 0.27% on average over the next years.
EPS Next Y-179.92%
EPS Next 2Y22.96%
EPS Next 3Y42.92%
EPS Next 5YN/A
Revenue Next Year-8.51%
Revenue Next 2Y-2.48%
Revenue Next 3Y0.27%
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.
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.
ELK is valuated quite expensively with a Price/Forward Earnings ratio of 25.95.
Based on the Price/Forward Earnings ratio, ELK is valued a bit more expensive than the industry average as 64.38% of the companies are valued more cheaply.
ELK's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 23.70.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 25.95 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ELK is valued a bit cheaper than 72.60% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 6.94 |
4.3 Compensation for Growth
ELK's earnings are expected to grow with 42.92% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y22.96%
EPS Next 3Y42.92%
5. Dividend
5.1 Amount
ELK has a yearly dividend return of 0.98%, which is pretty low.
Compared to an average industry Dividend Yield of 2.59, ELK is paying slightly less dividend.
With a Dividend Yield of 0.98, ELK pays less dividend than the S&P500 average, which is at 1.94.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.98% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
DPN/A
EPS Next 2Y22.96%
EPS Next 3Y42.92%
OSL:ELK (1/8/2026, 7:00:00 PM)
30.6
-0.3 (-0.97%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)
Earnings (Next)
Inst Owners19.77%
Inst Owner ChangeN/A
Ins Owners0.04%
Ins Owner ChangeN/A
Market Cap19.57B
Revenue(TTM)16.90B
Net Income(TTM)-509.00M
Analysts78
Price Target30.11 (-1.6%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.98% |
Yearly DividendN/A
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)6.18%
PT rev (3m)4.23%
EPS NQ rev (1m)-111.76%
EPS NQ rev (3m)-137.5%
EPS NY rev (1m)-40.4%
EPS NY rev (3m)3.49%
Revenue NQ rev (1m)-5.4%
Revenue NQ rev (3m)-5.78%
Revenue NY rev (1m)-1.25%
Revenue NY rev (3m)-2.38%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 25.95 | ||
| P/S | 1.16 | ||
| P/FCF | N/A | ||
| P/OCF | 14.48 | ||
| P/B | 0.82 | ||
| P/tB | 0.84 | ||
| EV/EBITDA | 6.94 |
EPS(TTM)-0.8
EYN/A
EPS(NY)1.18
Fwd EY3.85%
FCF(TTM)-2.28
FCFYN/A
OCF(TTM)2.11
OCFY6.9%
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 | 1.76 |
F-Score5
WACC7.36%
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-179.92%
EPS Next 2Y22.96%
EPS Next 3Y42.92%
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-8.51%
Revenue Next 2Y-2.48%
Revenue Next 3Y0.27%
Revenue Next 5YN/A
EBIT growth 1Y55.61%
EBIT growth 3Y-24.62%
EBIT growth 5Y17.3%
EBIT Next Year154.93%
EBIT Next 3Y52.93%
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 for ELK 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.
How financially healthy is ELKEM ASA?
The financial health rating of ELKEM ASA (ELK.OL) is 4 / 10.
Can you provide the expected EPS growth for ELK stock?
The Earnings per Share (EPS) of ELKEM ASA (ELK.OL) is expected to decline by -179.92% in the next year.