ELMERA GROUP ASA (ELMRA.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:ELMRA - NO0010815673 - Common Stock
37.9 NOK
+0.55 (+1.47%)
Overall ELMRA gets a fundamental rating of 4 out of 10. We evaluated ELMRA against 25 industry peers in the Electric Utilities industry. Both the profitability and the financial health of ELMRA get a neutral evaluation. Nothing too spectacular is happening here. ELMRA has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year ELMRA was profitable.
In the past year ELMRA has reported a negative cash flow from operations.
ELMRA had positive earnings in each of the past 5 years.
The reported operating cash flow has been mixed in the past 5 years: ELMRA reported negative operating cash flow in multiple years.
1.2 Ratios
With an excellent Return On Assets value of 5.77%, ELMRA belongs to the best of the industry, outperforming 84.00% of the companies in the same industry.
Looking at the Return On Equity, with a value of 23.96%, ELMRA is in the better half of the industry, outperforming 80.00% of the companies in the same industry.
ELMRA's Return On Invested Capital of 7.86% is fine compared to the rest of the industry. ELMRA outperforms 68.00% of its industry peers.
ELMRA had an Average Return On Invested Capital over the past 3 years of 7.64%. This is in line with the industry average of 6.58%.
The 3 year average ROIC (7.64%) for ELMRA is below the current ROIC(7.86%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.77% | ||
| ROE | 23.96% | ||
| ROIC | 7.86% |
ROA(3y)2.9%
ROA(5y)3.8%
ROE(3y)14.57%
ROE(5y)15.75%
ROIC(3y)7.64%
ROIC(5y)10.35%
1.3 Margins
With a Profit Margin value of 2.65%, ELMRA is not doing good in the industry: 84.00% of the companies in the same industry are doing better.
ELMRA's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 3.28%, ELMRA is doing worse than 88.00% of the companies in the same industry.
In the last couple of years the Operating Margin of ELMRA has declined.
With a Gross Margin value of 15.45%, ELMRA is not doing good in the industry: 92.00% of the companies in the same industry are doing better.
In the last couple of years the Gross Margin of ELMRA has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.28% | ||
| PM (TTM) | 2.65% | ||
| GM | 15.45% |
OM growth 3Y7.92%
OM growth 5Y-12.47%
PM growth 3Y19.29%
PM growth 5Y-11.05%
GM growth 3Y8.43%
GM growth 5Y-2.66%
2. Health
2.1 Basic Checks
ELMRA has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, ELMRA has more shares outstanding
The number of shares outstanding for ELMRA has been increased compared to 5 years ago.
ELMRA has a worse debt/assets ratio than last year.
2.2 Solvency
ELMRA has an Altman-Z score of 3.15. This indicates that ELMRA is financially healthy and has little risk of bankruptcy at the moment.
ELMRA has a better Altman-Z score (3.15) than 96.00% of its industry peers.
A Debt/Equity ratio of 1.40 is on the high side and indicates that ELMRA has dependencies on debt financing.
The Debt to Equity ratio of ELMRA (1.40) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.4 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 3.15 |
ROIC/WACC0.81
WACC9.69%
2.3 Liquidity
ELMRA has a Current Ratio of 1.04. This is a normal value and indicates that ELMRA is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of ELMRA (1.04) is better than 72.00% 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.
Looking at the Quick ratio, with a value of 1.03, ELMRA is in the better half of the industry, outperforming 80.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.04 | ||
| 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 33.13%, which is quite impressive.
Measured over the past years, ELMRA shows a decrease in Earnings Per Share. The EPS has been decreasing by -1.54% on average per year.
ELMRA shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -35.36%.
Measured over the past years, ELMRA shows a quite strong growth in Revenue. The Revenue has been growing by 11.42% on average per year.
EPS 1Y (TTM)33.13%
EPS 3Y5.23%
EPS 5Y-1.54%
EPS Q2Q%23.66%
Revenue 1Y (TTM)-35.36%
Revenue growth 3Y-6.74%
Revenue growth 5Y11.42%
Sales Q2Q%38.56%
3.2 Future
ELMRA is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -2.57% yearly.
The Revenue is expected to grow by 4.20% on average over the next years.
EPS Next Y-40.67%
EPS Next 2Y-7.03%
EPS Next 3Y-2.57%
EPS Next 5YN/A
Revenue Next Year2.61%
Revenue Next 2Y5.65%
Revenue Next 3Y4.2%
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 decreasing.
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
With a Price/Earnings ratio of 10.38, the valuation of ELMRA can be described as very reasonable.
ELMRA's Price/Earnings ratio is rather cheap when compared to the industry. ELMRA is cheaper than 92.00% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.54, ELMRA is valued rather cheaply.
A Price/Forward Earnings ratio of 11.20 indicates a reasonable valuation of ELMRA.
Based on the Price/Forward Earnings ratio, ELMRA is valued cheaply inside the industry as 96.00% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of ELMRA to the average of the S&P500 Index (23.78), we can say ELMRA is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.38 | ||
| Fwd PE | 11.2 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ELMRA is valued a bit cheaper than the industry average as 72.00% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 8.63 |
4.3 Compensation for Growth
A cheap valuation may be justified as ELMRA's earnings are expected to decrease with -2.57% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-7.03%
EPS Next 3Y-2.57%
5. Dividend
5.1 Amount
ELMRA has a Yearly Dividend Yield of 8.03%, which is a nice return.
Compared to an average industry Dividend Yield of 3.58, ELMRA pays a better dividend. On top of this ELMRA pays more dividend than 100.00% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.27, ELMRA pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.03% |
5.2 History
The dividend of ELMRA has a limited annual growth rate of 0.91%.
Dividend Growth(5Y)0.91%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
ELMRA pays out 111.26% of its income as dividend. This is not a sustainable payout ratio.
ELMRA's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP111.26%
EPS Next 2Y-7.03%
EPS Next 3Y-2.57%
OSL:ELMRA (12/12/2025, 7:00:00 PM)
37.9
+0.55 (+1.47%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)
Earnings (Next)
Inst Owners50.81%
Inst Owner ChangeN/A
Ins Owners0.34%
Ins Owner ChangeN/A
Market Cap4.33B
Revenue(TTM)12.23B
Net Income(TTM)294.38M
Analysts42
Price Target35.7 (-5.8%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.03% |
Yearly Dividend2.3
Dividend Growth(5Y)0.91%
DP111.26%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-20.74%
Min EPS beat(2)-24.18%
Max EPS beat(2)-17.3%
EPS beat(4)2
Avg EPS beat(4)439.01%
Min EPS beat(4)-24.18%
Max EPS beat(4)1705.83%
EPS beat(8)4
Avg EPS beat(8)228.84%
EPS beat(12)8
Avg EPS beat(12)166.72%
EPS beat(16)10
Avg EPS beat(16)127.37%
Revenue beat(2)2
Avg Revenue beat(2)19.51%
Min Revenue beat(2)8.4%
Max Revenue beat(2)30.62%
Revenue beat(4)3
Avg Revenue beat(4)4.67%
Min Revenue beat(4)-34.12%
Max Revenue beat(4)30.62%
Revenue beat(8)5
Avg Revenue beat(8)2.96%
Revenue beat(12)7
Avg Revenue beat(12)5.85%
Revenue beat(16)9
Avg Revenue beat(16)14.79%
PT rev (1m)-2.78%
PT rev (3m)-2.78%
EPS NQ rev (1m)-9.37%
EPS NQ rev (3m)-10.77%
EPS NY rev (1m)-14.58%
EPS NY rev (3m)-17.2%
Revenue NQ rev (1m)-1.61%
Revenue NQ rev (3m)68.32%
Revenue NY rev (1m)-7.15%
Revenue NY rev (3m)3.36%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.38 | ||
| Fwd PE | 11.2 | ||
| P/S | 0.39 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 3.53 | ||
| P/tB | N/A | ||
| EV/EBITDA | 8.63 |
EPS(TTM)3.65
EY9.63%
EPS(NY)3.38
Fwd EY8.93%
FCF(TTM)-1
FCFYN/A
OCF(TTM)-0.35
OCFYN/A
SpS97.02
BVpS10.74
TBVpS-4.92
PEG (NY)N/A
PEG (5Y)N/A
Graham Number29.7
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.77% | ||
| ROE | 23.96% | ||
| ROCE | 12.71% | ||
| ROIC | 7.86% | ||
| ROICexc | 8.91% | ||
| ROICexgc | 19.06% | ||
| OM | 3.28% | ||
| PM (TTM) | 2.65% | ||
| GM | 15.45% | ||
| FCFM | N/A |
ROA(3y)2.9%
ROA(5y)3.8%
ROE(3y)14.57%
ROE(5y)15.75%
ROIC(3y)7.64%
ROIC(5y)10.35%
ROICexc(3y)8.08%
ROICexc(5y)11.68%
ROICexgc(3y)17.27%
ROICexgc(5y)58.43%
ROCE(3y)10.24%
ROCE(5y)13.19%
ROICexgc growth 3Y-13.73%
ROICexgc growth 5Y-36.81%
ROICexc growth 3Y-1.95%
ROICexc growth 5Y-32.74%
OM growth 3Y7.92%
OM growth 5Y-12.47%
PM growth 3Y19.29%
PM growth 5Y-11.05%
GM growth 3Y8.43%
GM growth 5Y-2.66%
F-Score4
Asset Turnover2.18
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.4 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 3.22 | ||
| Cap/Depr | 43.72% | ||
| Cap/Sales | 0.67% | ||
| Interest Coverage | 2.14 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.04 | ||
| Quick Ratio | 1.03 | ||
| Altman-Z | 3.15 |
F-Score4
WACC9.69%
ROIC/WACC0.81
Cap/Depr(3y)29.02%
Cap/Depr(5y)31.32%
Cap/Sales(3y)0.34%
Cap/Sales(5y)0.63%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)33.13%
EPS 3Y5.23%
EPS 5Y-1.54%
EPS Q2Q%23.66%
EPS Next Y-40.67%
EPS Next 2Y-7.03%
EPS Next 3Y-2.57%
EPS Next 5YN/A
Revenue 1Y (TTM)-35.36%
Revenue growth 3Y-6.74%
Revenue growth 5Y11.42%
Sales Q2Q%38.56%
Revenue Next Year2.61%
Revenue Next 2Y5.65%
Revenue Next 3Y4.2%
Revenue Next 5YN/A
EBIT growth 1Y-16.72%
EBIT growth 3Y0.65%
EBIT growth 5Y-2.48%
EBIT Next Year42.36%
EBIT Next 3Y17.23%
EBIT Next 5YN/A
FCF growth 1Y-161.31%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-116.8%
OCF growth 3YN/A
OCF growth 5YN/A
ELMERA GROUP ASA / ELMRA.OL FAQ
What is the fundamental rating for ELMRA stock?
ChartMill assigns a fundamental rating of 4 / 10 to ELMRA.OL.
What is the valuation status of ELMERA GROUP ASA (ELMRA.OL) stock?
ChartMill assigns a valuation rating of 5 / 10 to ELMERA GROUP ASA (ELMRA.OL). This can be considered as Fairly Valued.
How profitable is ELMERA GROUP ASA (ELMRA.OL) stock?
ELMERA GROUP ASA (ELMRA.OL) has a profitability rating of 4 / 10.
What is the expected EPS growth for ELMERA GROUP ASA (ELMRA.OL) stock?
The Earnings per Share (EPS) of ELMERA GROUP ASA (ELMRA.OL) is expected to decline by -40.67% in the next year.
Can you provide the dividend sustainability for ELMRA stock?
The dividend rating of ELMERA GROUP ASA (ELMRA.OL) is 6 / 10 and the dividend payout ratio is 111.26%.