ELMERA GROUP ASA (ELMRA.OL) Stock Fundamental Analysis
Europe • Euronext Oslo • OSL:ELMRA • NO0010815673
40.2 NOK
+0.5 (+1.26%)
Last: Jan 30, 2026, 07:00 PM
Overall ELMRA gets a fundamental rating of 4 out of 10. We evaluated ELMRA against 29 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 had a positive 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.
1.2 Ratios
- ELMRA has a better Return On Assets (6.00%) than 86.21% of its industry peers.
- Looking at the Return On Equity, with a value of 23.90%, ELMRA belongs to the top of the industry, outperforming 82.76% of the companies in the same industry.
- The Return On Invested Capital of ELMRA (8.76%) is better than 75.86% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for ELMRA is in line with the industry average of 6.40%.
- The 3 year average ROIC (7.64%) for ELMRA is below the current ROIC(8.76%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6% | ||
| ROE | 23.9% | ||
| ROIC | 8.76% |
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 2.61%, ELMRA is not doing good in the industry: 79.31% of the companies in the same industry are doing better.
- In the last couple of years the Profit Margin of ELMRA has declined.
- ELMRA's Operating Margin of 3.24% is on the low side compared to the rest of the industry. ELMRA is outperformed by 86.21% of its industry peers.
- In the last couple of years the Operating Margin of ELMRA has declined.
- With a Gross Margin value of 14.95%, ELMRA is not doing good in the industry: 86.21% 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 | 3.24% | ||
| PM (TTM) | 2.61% | ||
| GM | 14.95% |
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
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ELMRA 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
- An Altman-Z score of 3.36 indicates that ELMRA is not in any danger for bankruptcy at the moment.
- With an excellent Altman-Z score value of 3.36, ELMRA belongs to the best of the industry, outperforming 96.55% of the companies in the same industry.
- A Debt/Equity ratio of 1.17 is on the high side and indicates that ELMRA has dependencies on debt financing.
- Looking at the Debt to Equity ratio, with a value of 1.17, ELMRA is in the better half of the industry, outperforming 65.52% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.17 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 3.36 |
ROIC/WACC0.91
WACC9.64%
2.3 Liquidity
- A Current Ratio of 1.05 indicates that ELMRA should not have too much problems paying its short term obligations.
- ELMRA has a Current ratio of 1.05. This is in the better half of the industry: ELMRA outperforms 68.97% of its industry peers.
- A Quick Ratio of 1.04 indicates that ELMRA should not have too much problems paying its short term obligations.
- With a decent Quick ratio value of 1.04, ELMRA is doing good in the industry, outperforming 79.31% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.05 | ||
| Quick Ratio | 1.04 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 33.13% over the past year.
- ELMRA shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -1.54% yearly.
- ELMRA shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -18.29%.
- 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)-18.29%
Revenue growth 3Y-6.74%
Revenue growth 5Y11.42%
Sales Q2Q%38.56%
3.2 Future
- The Earnings Per Share is expected to decrease by -2.76% on average over the next years.
- The Revenue is expected to grow by 4.20% on average over the next years.
EPS Next Y-41%
EPS Next 2Y-7.25%
EPS Next 3Y-2.76%
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.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 11.01, the valuation of ELMRA can be described as reasonable.
- Based on the Price/Earnings ratio, ELMRA is valued cheaper than 93.10% of the companies in the same industry.
- When comparing the Price/Earnings ratio of ELMRA to the average of the S&P500 Index (28.30), we can say ELMRA is valued rather cheaply.
- Based on the Price/Forward Earnings ratio of 11.94, the valuation of ELMRA can be described as reasonable.
- Based on the Price/Forward Earnings ratio, ELMRA is valued cheaper than 93.10% of the companies in the same industry.
- When comparing the Price/Forward Earnings ratio of ELMRA to the average of the S&P500 Index (25.57), we can say ELMRA is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.01 | ||
| Fwd PE | 11.94 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ELMRA indicates a somewhat cheap valuation: ELMRA is cheaper than 72.41% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 8.98 |
4.3 Compensation for Growth
- ELMRA's earnings are expected to decrease with -2.76% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-7.25%
EPS Next 3Y-2.76%
5. Dividend
5.1 Amount
- ELMRA has a Yearly Dividend Yield of 7.56%, which is a nice return.
- Compared to an average industry Dividend Yield of 3.10, 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 1.82, ELMRA pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.56% |
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 109.37% of its income as dividend. This is not a sustainable payout ratio.
- The Dividend Rate of ELMRA has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP109.37%
EPS Next 2Y-7.25%
EPS Next 3Y-2.76%
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 for ELMRA stock?
ChartMill assigns a valuation rating of 5 / 10 to ELMERA GROUP ASA (ELMRA.OL). This can be considered as Fairly Valued.
What is the profitability of ELMRA stock?
ELMERA GROUP ASA (ELMRA.OL) has a profitability rating of 4 / 10.
Can you provide the PE and PB ratios for ELMRA stock?
The Price/Earnings (PE) ratio for ELMERA GROUP ASA (ELMRA.OL) is 11.01 and the Price/Book (PB) ratio is 3.67.
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 -41% in the next year.