ELMERA GROUP ASA (ELMRA.OL) Fundamental Analysis & Valuation

OSL:ELMRA • NO0010815673

Current stock price

35.15 NOK
+0.5 (+1.44%)
Last:

This ELMRA.OL fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

3

1. ELMRA.OL Profitability Analysis

1.1 Basic Checks

  • ELMRA had positive earnings in the past year.
  • In the past year ELMRA has reported a negative cash flow from operations.
  • In the past 5 years ELMRA has always been profitable.
  • In multiple years ELMRA reported negative operating cash flow during the last 5 years.
ELMRA.OL Yearly Net Income VS EBIT VS OCF VS FCFELMRA.OL Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 500M -500M 1B

1.2 Ratios

  • ELMRA has a Return On Assets (3.61%) which is comparable to the rest of the industry.
  • ELMRA's Return On Equity of 18.87% is fine compared to the rest of the industry. ELMRA outperforms 65.00% of its industry peers.
  • With a decent Return On Invested Capital value of 8.88%, ELMRA is doing good in the industry, outperforming 65.00% of the companies in the same industry.
  • The Average Return On Invested Capital over the past 3 years for ELMRA is in line with the industry average of 7.53%.
  • The 3 year average ROIC (7.41%) for ELMRA is below the current ROIC(8.88%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 3.61%
ROE 18.87%
ROIC 8.88%
ROA(3y)3.49%
ROA(5y)2.7%
ROE(3y)16.58%
ROE(5y)14.03%
ROIC(3y)7.41%
ROIC(5y)7.29%
ELMRA.OL Yearly ROA, ROE, ROICELMRA.OL Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30 40

1.3 Margins

  • Looking at the Profit Margin, with a value of 1.27%, ELMRA is doing worse than 85.00% of the companies in the same industry.
  • ELMRA's Profit Margin has declined in the last couple of years.
  • ELMRA's Operating Margin of 3.08% is on the low side compared to the rest of the industry. ELMRA is outperformed by 85.00% of its industry peers.
  • ELMRA's Operating Margin has declined in the last couple of years.
  • With a Gross Margin value of 14.39%, ELMRA is not doing good in the industry: 85.00% of the companies in the same industry are doing better.
  • ELMRA's Gross Margin has declined in the last couple of years.
Industry RankSector Rank
OM 3.08%
PM (TTM) 1.27%
GM 14.39%
OM growth 3Y36.68%
OM growth 5Y-29.09%
PM growth 3Y66.82%
PM growth 5Y-32.58%
GM growth 3Y27.91%
GM growth 5Y-19.58%
ELMRA.OL Yearly Profit, Operating, Gross MarginsELMRA.OL Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30 40

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4

2. ELMRA.OL Health Analysis

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.
  • Compared to 5 years ago, ELMRA has less shares outstanding
  • ELMRA has a worse debt/assets ratio than last year.
ELMRA.OL Yearly Shares OutstandingELMRA.OL Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20M 40M 60M 80M 100M
ELMRA.OL Yearly Total Debt VS Total AssetsELMRA.OL Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B

2.2 Solvency

  • An Altman-Z score of 3.64 indicates that ELMRA is not in any danger for bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 3.64, ELMRA belongs to the top of the industry, outperforming 95.00% of the companies in the same industry.
  • ELMRA has a Debt/Equity ratio of 2.44. This is a high value indicating a heavy dependency on external financing.
  • Looking at the Debt to Equity ratio, with a value of 2.44, ELMRA is doing worse than 90.00% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 2.44
Debt/FCF N/A
Altman-Z 3.64
ROIC/WACC1.14
WACC7.78%
ELMRA.OL Yearly LT Debt VS Equity VS FCFELMRA.OL Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 500M -500M 1B 1.5B

2.3 Liquidity

  • A Current Ratio of 1.03 indicates that ELMRA should not have too much problems paying its short term obligations.
  • ELMRA has a Current ratio of 1.03. This is in the better half of the industry: ELMRA outperforms 65.00% of its industry peers.
  • A Quick Ratio of 1.03 indicates that ELMRA should not have too much problems paying its short term obligations.
  • ELMRA has a Quick ratio of 1.03. This is in the better half of the industry: ELMRA outperforms 65.00% of its industry peers.
Industry RankSector Rank
Current Ratio 1.03
Quick Ratio 1.03
ELMRA.OL Yearly Current Assets VS Current LiabilitesELMRA.OL Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B 10B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

6

3. ELMRA.OL Growth Analysis

3.1 Past

  • The earnings per share for ELMRA have decreased strongly by -38.95% in the last year.
  • The Earnings Per Share has been decreasing by -8.52% on average over the past years.
  • Looking at the last year, ELMRA shows a very strong growth in Revenue. The Revenue has grown by 65.49%.
  • The Revenue has been growing by 23.91% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-38.95%
EPS 3Y2.64%
EPS 5Y-8.52%
EPS Q2Q%-60.34%
Revenue 1Y (TTM)65.49%
Revenue growth 3Y-21.99%
Revenue growth 5Y23.91%
Sales Q2Q%19.31%

3.2 Future

  • ELMRA is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 20.01% yearly.
  • The Revenue is expected to grow by 1.94% on average over the next years.
EPS Next Y25.63%
EPS Next 2Y17.3%
EPS Next 3Y13.95%
EPS Next 5Y20.01%
Revenue Next Year16.72%
Revenue Next 2Y6.28%
Revenue Next 3Y2.87%
Revenue Next 5Y1.94%

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.
ELMRA.OL Yearly Revenue VS EstimatesELMRA.OL Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 5B 10B 15B 20B 25B
ELMRA.OL Yearly EPS VS EstimatesELMRA.OL Yearly EPS VS EstimatesYearly EPS VS Estimates 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 1 2 3 4

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6

4. ELMRA.OL Valuation Analysis

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 14.71, ELMRA is valued correctly.
  • Based on the Price/Earnings ratio, ELMRA is valued cheaper than 85.00% of the companies in the same industry.
  • The average S&P500 Price/Earnings ratio is at 27.15. ELMRA is valued slightly cheaper when compared to this.
  • The Price/Forward Earnings ratio is 11.71, which indicates a very decent valuation of ELMRA.
  • ELMRA's Price/Forward Earnings ratio is rather cheap when compared to the industry. ELMRA is cheaper than 90.00% of the companies in the same industry.
  • ELMRA's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.12.
Industry RankSector Rank
PE 14.71
Fwd PE 11.71
ELMRA.OL Price Earnings VS Forward Price EarningsELMRA.OL Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ELMRA indicates a rather cheap valuation: ELMRA is cheaper than 100.00% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 4.23
ELMRA.OL Per share dataELMRA.OL EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 50 100 150

4.3 Compensation for Growth

  • The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • ELMRA's earnings are expected to grow with 13.95% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.57
PEG (5Y)N/A
EPS Next 2Y17.3%
EPS Next 3Y13.95%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

7

5. ELMRA.OL Dividend Analysis

5.1 Amount

  • ELMRA has a Yearly Dividend Yield of 5.76%, which is a nice return.
  • Compared to an average industry Dividend Yield of 3.11, ELMRA pays a better dividend. On top of this ELMRA pays more dividend than 100.00% of the companies listed in the same industry.
  • ELMRA's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
Industry RankSector Rank
Dividend Yield 5.76%

5.2 History

  • The dividend of ELMRA has a limited annual growth rate of 0.89%.
Dividend Growth(5Y)0.89%
Div Incr Years0
Div Non Decr Years0

5.3 Sustainability

  • 127.73% of the earnings are spent on dividend by ELMRA. This is not a sustainable payout ratio.
  • The dividend of ELMRA is growing, but earnings are growing more, so the dividend growth is sustainable.
DP127.73%
EPS Next 2Y17.3%
EPS Next 3Y13.95%
ELMRA.OL Yearly Income VS Free CF VS DividendELMRA.OL Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 500M -500M
ELMRA.OL Dividend Payout.ELMRA.OL Dividend Payout, showing the Payout Ratio.ELMRA.OL Dividend Payout.PayoutRetained Earnings

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ELMRA.OL Fundamentals: All Metrics, Ratios and Statistics

ELMERA GROUP ASA

OSL:ELMRA (4/28/2026, 3:59:40 PM)

35.15

+0.5 (+1.44%)

Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)02-12
Earnings (Next)05-13
Inst Owners56.72%
Inst Owner ChangeN/A
Ins Owners0.21%
Ins Owner ChangeN/A
Market Cap4.02B
Revenue(TTM)20.24B
Net Income(TTM)256.40M
Analysts40
Price Target34.68 (-1.34%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 5.76%
Yearly Dividend3
Dividend Growth(5Y)0.89%
DP127.73%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-16.57%
Min EPS beat(2)-23%
Max EPS beat(2)-10.13%
EPS beat(4)0
Avg EPS beat(4)-18.65%
Min EPS beat(4)-24.18%
Max EPS beat(4)-10.13%
EPS beat(8)3
Avg EPS beat(8)217.12%
EPS beat(12)6
Avg EPS beat(12)157.64%
EPS beat(16)9
Avg EPS beat(16)125.54%
Revenue beat(2)1
Avg Revenue beat(2)6.85%
Min Revenue beat(2)-12%
Max Revenue beat(2)25.69%
Revenue beat(4)3
Avg Revenue beat(4)13.18%
Min Revenue beat(4)-12%
Max Revenue beat(4)30.62%
Revenue beat(8)4
Avg Revenue beat(8)1.44%
Revenue beat(12)6
Avg Revenue beat(12)3%
Revenue beat(16)9
Avg Revenue beat(16)15.87%
PT rev (1m)0.99%
PT rev (3m)-2.86%
EPS NQ rev (1m)5.21%
EPS NQ rev (3m)N/A
EPS NY rev (1m)-6.04%
EPS NY rev (3m)-10.86%
Revenue NQ rev (1m)379.86%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)9.13%
Valuation
Industry RankSector Rank
PE 14.71
Fwd PE 11.71
P/S 0.2
P/FCF N/A
P/OCF N/A
P/B 2.96
P/tB N/A
EV/EBITDA 4.23
EPS(TTM)2.39
EY6.8%
EPS(NY)3
Fwd EY8.54%
FCF(TTM)-6.62
FCFYN/A
OCF(TTM)-5.94
OCFYN/A
SpS176.98
BVpS11.88
TBVpS-3.5
PEG (NY)0.57
PEG (5Y)N/A
Graham Number25.2769 (-28.09%)
Profitability
Industry RankSector Rank
ROA 3.61%
ROE 18.87%
ROCE 22.2%
ROIC 8.88%
ROICexc 11.9%
ROICexgc 21.07%
OM 3.08%
PM (TTM) 1.27%
GM 14.39%
FCFM N/A
ROA(3y)3.49%
ROA(5y)2.7%
ROE(3y)16.58%
ROE(5y)14.03%
ROIC(3y)7.41%
ROIC(5y)7.29%
ROICexc(3y)8.41%
ROICexc(5y)8.1%
ROICexgc(3y)17.89%
ROICexgc(5y)19.16%
ROCE(3y)12.38%
ROCE(5y)11.33%
ROICexgc growth 3Y18.95%
ROICexgc growth 5Y-41.73%
ROICexc growth 3Y15.57%
ROICexc growth 5Y-19.52%
OM growth 3Y36.68%
OM growth 5Y-29.09%
PM growth 3Y66.82%
PM growth 5Y-32.58%
GM growth 3Y27.91%
GM growth 5Y-19.58%
F-Score3
Asset Turnover2.85
Health
Industry RankSector Rank
Debt/Equity 2.44
Debt/FCF N/A
Debt/EBITDA 4.22
Cap/Depr 47.18%
Cap/Sales 0.38%
Interest Coverage 3.47
Cash Conversion N/A
Profit Quality N/A
Current Ratio 1.03
Quick Ratio 1.03
Altman-Z 3.64
F-Score3
WACC7.78%
ROIC/WACC1.14
Cap/Depr(3y)37.51%
Cap/Depr(5y)33.56%
Cap/Sales(3y)0.49%
Cap/Sales(5y)0.44%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-38.95%
EPS 3Y2.64%
EPS 5Y-8.52%
EPS Q2Q%-60.34%
EPS Next Y25.63%
EPS Next 2Y17.3%
EPS Next 3Y13.95%
EPS Next 5Y20.01%
Revenue 1Y (TTM)65.49%
Revenue growth 3Y-21.99%
Revenue growth 5Y23.91%
Sales Q2Q%19.31%
Revenue Next Year16.72%
Revenue Next 2Y6.28%
Revenue Next 3Y2.87%
Revenue Next 5Y1.94%
EBIT growth 1Y46.29%
EBIT growth 3Y6.63%
EBIT growth 5Y-12.14%
EBIT Next Year73.26%
EBIT Next 3Y22.59%
EBIT Next 5Y23.49%
FCF growth 1Y-965.7%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-25940%
OCF growth 3YN/A
OCF growth 5YN/A

ELMERA GROUP ASA / ELMRA.OL Fundamental Analysis FAQ

What is the fundamental rating for ELMRA stock?

ChartMill assigns a fundamental rating of 5 / 10 to ELMRA.OL.


Can you provide the valuation status for ELMERA GROUP ASA?

ChartMill assigns a valuation rating of 6 / 10 to ELMERA GROUP ASA (ELMRA.OL). This can be considered as Fairly Valued.


Can you provide the profitability details for ELMERA GROUP ASA?

ELMERA GROUP ASA (ELMRA.OL) has a profitability rating of 3 / 10.


What is the valuation of ELMERA GROUP ASA based on its PE and PB ratios?

The Price/Earnings (PE) ratio for ELMERA GROUP ASA (ELMRA.OL) is 14.71 and the Price/Book (PB) ratio is 2.96.


Is the dividend of ELMERA GROUP ASA sustainable?

The dividend rating of ELMERA GROUP ASA (ELMRA.OL) is 7 / 10 and the dividend payout ratio is 127.73%.