ELMERA GROUP ASA (ELMRA.OL) Stock Fundamental Analysis
OSL:ELMRA - Oslo Bors ASA - NO0010815673 - Common Stock - Currency: NOK
Overall ELMRA gets a fundamental rating of 5 out of 10. We evaluated ELMRA against 16 industry peers in the Electric Utilities industry. ELMRA scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. ELMRA has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
ELMRA had positive earnings in the past year.
In the past year ELMRA had a positive cash flow from operations.
Each year in the past 5 years ELMRA has been profitable.
ELMRA had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
ELMRA's Return On Assets of 4.77% is fine compared to the rest of the industry. ELMRA outperforms 73.33% of its industry peers.
ELMRA has a Return On Equity (18.31%) which is in line with its industry peers.
ELMRA has a Return On Invested Capital of 9.58%. This is comparable to the rest of the industry: ELMRA outperforms 60.00% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ELMRA is below the industry average of 9.28%.
The 3 year average ROIC (6.49%) for ELMRA is below the current ROIC(9.58%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.77% | ||
| ROE | 18.31% | ||
| ROIC | 9.58% |
ROA(3y)1.78%
ROA(5y)5.09%
ROE(3y)11.38%
ROE(5y)18.33%
ROIC(3y)6.49%
ROIC(5y)12.29%
1.3 Margins
With a Profit Margin value of 1.68%, ELMRA is not doing good in the industry: 80.00% of the companies in the same industry are doing better.
ELMRA's Profit Margin has declined in the last couple of years.
With a Operating Margin value of 3.25%, ELMRA is not doing good in the industry: 86.67% of the companies in the same industry are doing better.
In the last couple of years the Operating Margin of ELMRA has declined.
ELMRA has a Gross Margin of 12.78%. This is amonst the worse of the industry: ELMRA underperforms 86.67% of its industry peers.
In the last couple of years the Gross Margin of ELMRA has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.25% | ||
| PM (TTM) | 1.68% | ||
| GM | 12.78% |
OM growth 3Y-52.89%
OM growth 5Y-17.83%
PM growth 3Y-52.76%
PM growth 5Y-23.07%
GM growth 3Y-39.57%
GM growth 5Y-9.11%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), ELMRA is creating some value.
The number of shares outstanding for ELMRA remains at a similar level compared to 1 year ago.
The number of shares outstanding for ELMRA has been increased compared to 5 years ago.
Compared to 1 year ago, ELMRA has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 3.83 indicates that ELMRA is not in any danger for bankruptcy at the moment.
ELMRA's Altman-Z score of 3.83 is amongst the best of the industry. ELMRA outperforms 93.33% of its industry peers.
ELMRA has a debt to FCF ratio of 2.02. This is a good value and a sign of high solvency as ELMRA would need 2.02 years to pay back of all of its debts.
ELMRA has a Debt to FCF ratio of 2.02. This is in the better half of the industry: ELMRA outperforms 73.33% of its industry peers.
ELMRA has a Debt/Equity ratio of 0.78. This is a neutral value indicating ELMRA is somewhat dependend on debt financing.
With a decent Debt to Equity ratio value of 0.78, ELMRA is doing good in the industry, outperforming 73.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.78 | ||
| Debt/FCF | 2.02 | ||
| Altman-Z | 3.83 |
ROIC/WACC1.11
WACC8.62%
2.3 Liquidity
A Current Ratio of 1.03 indicates that ELMRA should not have too much problems paying its short term obligations.
The Current ratio of ELMRA (1.03) is better than 66.67% of its industry peers.
ELMRA has a Quick Ratio of 1.03. This is a normal value and indicates that ELMRA is financially healthy and should not expect problems in meeting its short term obligations.
With a decent Quick ratio value of 1.03, ELMRA is doing good in the industry, outperforming 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.03 | ||
| Quick Ratio | 1.03 |
3. Growth
3.1 Past
ELMRA shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 67.73%, which is quite impressive.
ELMRA shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -6.11% yearly.
The Revenue for ELMRA has decreased by -36.67% in the past year. This is quite bad
The Revenue has been growing by 23.00% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)67.73%
EPS 3Y-8.28%
EPS 5Y-6.11%
EPS Q2Q%-21.19%
Revenue 1Y (TTM)-36.67%
Revenue growth 3Y65.83%
Revenue growth 5Y23%
Sales Q2Q%-36.91%
3.2 Future
The Earnings Per Share is expected to grow by 5.63% on average over the next years.
Based on estimates for the next years, ELMRA will show a very negative growth in Revenue. The Revenue will decrease by -18.83% on average per year.
EPS Next Y2.12%
EPS Next 2Y5.27%
EPS Next 3Y5.63%
EPS Next 5YN/A
Revenue Next Year-39.13%
Revenue Next 2Y-28.48%
Revenue Next 3Y-18.83%
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
ELMRA is valuated reasonably with a Price/Earnings ratio of 11.29.
Based on the Price/Earnings ratio, ELMRA is valued a bit cheaper than the industry average as 73.33% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 28.47, ELMRA is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 9.70, the valuation of ELMRA can be described as reasonable.
100.00% of the companies in the same industry are more expensive than ELMRA, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of ELMRA to the average of the S&P500 Index (92.74), we can say ELMRA is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.29 | ||
| Fwd PE | 9.7 |
4.2 Price Multiples
ELMRA's Enterprise Value to EBITDA is on the same level as the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ELMRA indicates a rather cheap valuation: ELMRA is cheaper than 86.67% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.92 | ||
| EV/EBITDA | 6.53 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)5.33
PEG (5Y)N/A
EPS Next 2Y5.27%
EPS Next 3Y5.63%
5. Dividend
5.1 Amount
ELMRA has a Yearly Dividend Yield of 5.98%, which is a nice return.
ELMRA's Dividend Yield is a higher than the industry average which is at 4.37.
Compared to an average S&P500 Dividend Yield of 2.28, ELMRA pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.98% |
5.2 History
The dividend of ELMRA decreases each year by -20.63%.
Dividend Growth(5Y)-20.63%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
106.17% of the earnings are spent on dividend by ELMRA. This is not a sustainable payout ratio.
DP106.17%
EPS Next 2Y5.27%
EPS Next 3Y5.63%
ELMERA GROUP ASA
OSL:ELMRA (2/5/2025, 4:19:08 PM)
30.925
-0.72 (-2.29%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)
Earnings (Next)
Inst Owners38.98%
Inst Owner ChangeN/A
Ins Owners0.28%
Ins Owner ChangeN/A
Market Cap3.54B
Analysts78.33
Price Target36.72 (18.74%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.98% |
Yearly Dividend1.5
Dividend Growth(5Y)-20.63%
DP106.17%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)860.02%
Min EPS beat(2)14.22%
Max EPS beat(2)1705.83%
EPS beat(4)2
Avg EPS beat(4)426.07%
Min EPS beat(4)-15.55%
Max EPS beat(4)1705.83%
EPS beat(8)6
Avg EPS beat(8)238.74%
EPS beat(12)8
Avg EPS beat(12)164.01%
EPS beat(16)10
Avg EPS beat(16)118.26%
Revenue beat(2)0
Avg Revenue beat(2)-25.89%
Min Revenue beat(2)-34.12%
Max Revenue beat(2)-17.65%
Revenue beat(4)1
Avg Revenue beat(4)-12.66%
Min Revenue beat(4)-34.12%
Max Revenue beat(4)4.32%
Revenue beat(8)3
Avg Revenue beat(8)-2.97%
Revenue beat(12)6
Avg Revenue beat(12)16.2%
Revenue beat(16)9
Avg Revenue beat(16)14.39%
PT rev (1m)0%
PT rev (3m)20%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-10.8%
EPS NY rev (1m)12.63%
EPS NY rev (3m)12.63%
Revenue NQ rev (1m)0.65%
Revenue NQ rev (3m)-41.82%
Revenue NY rev (1m)-17.4%
Revenue NY rev (3m)-17.4%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.29 | ||
| Fwd PE | 9.7 | ||
| P/S | 0.25 | ||
| P/FCF | 6.92 | ||
| P/OCF | 6.12 | ||
| P/B | 2.74 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.53 |
EPS(TTM)2.74
EY8.86%
EPS(NY)3.19
Fwd EY10.31%
FCF(TTM)4.47
FCFY14.45%
OCF(TTM)5.06
OCFY16.35%
SpS122.77
BVpS11.27
TBVpS-4.79
PEG (NY)5.33
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.77% | ||
| ROE | 18.31% | ||
| ROCE | 14.47% | ||
| ROIC | 9.58% | ||
| ROICexc | 10.4% | ||
| ROICexgc | 25.82% | ||
| OM | 3.25% | ||
| PM (TTM) | 1.68% | ||
| GM | 12.78% | ||
| FCFM | 3.64% |
ROA(3y)1.78%
ROA(5y)5.09%
ROE(3y)11.38%
ROE(5y)18.33%
ROIC(3y)6.49%
ROIC(5y)12.29%
ROICexc(3y)7.02%
ROICexc(5y)21.24%
ROICexgc(3y)18.27%
ROICexgc(5y)85.46%
ROCE(3y)9.97%
ROCE(5y)18.02%
ROICexcg growth 3Y-54.21%
ROICexcg growth 5YN/A
ROICexc growth 3Y-28.14%
ROICexc growth 5Y-36.75%
OM growth 3Y-52.89%
OM growth 5Y-17.83%
PM growth 3Y-52.76%
PM growth 5Y-23.07%
GM growth 3Y-39.57%
GM growth 5Y-9.11%
F-Score6
Asset Turnover2.84
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.78 | ||
| Debt/FCF | 2.02 | ||
| Debt/EBITDA | 1.57 | ||
| Cap/Depr | 35.76% | ||
| Cap/Sales | 0.48% | ||
| Interest Coverage | 2.78 | ||
| Cash Conversion | 89.78% | ||
| Profit Quality | 216.51% | ||
| Current Ratio | 1.03 | ||
| Quick Ratio | 1.03 | ||
| Altman-Z | 3.83 |
F-Score6
WACC8.62%
ROIC/WACC1.11
Cap/Depr(3y)27.56%
Cap/Depr(5y)28.85%
Cap/Sales(3y)0.34%
Cap/Sales(5y)0.66%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)67.73%
EPS 3Y-8.28%
EPS 5Y-6.11%
EPS Q2Q%-21.19%
EPS Next Y2.12%
EPS Next 2Y5.27%
EPS Next 3Y5.63%
EPS Next 5YN/A
Revenue 1Y (TTM)-36.67%
Revenue growth 3Y65.83%
Revenue growth 5Y23%
Sales Q2Q%-36.91%
Revenue Next Year-39.13%
Revenue Next 2Y-28.48%
Revenue Next 3Y-18.83%
Revenue Next 5YN/A
EBIT growth 1Y194.47%
EBIT growth 3Y-21.87%
EBIT growth 5Y1.06%
EBIT Next Year86.68%
EBIT Next 3Y22.44%
EBIT Next 5YN/A
FCF growth 1Y481.36%
FCF growth 3Y28.6%
FCF growth 5Y50.99%
OCF growth 1Y996.95%
OCF growth 3Y25.17%
OCF growth 5Y40.35%