ELMERA GROUP ASA (ELMRA.OL) Stock Fundamental Analysis
OSL:ELMRA - Euronext Oslo - NO0010815673 - Common Stock - Currency: NOK
ELMRA gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 17 industry peers in the Electric Utilities industry. ELMRA has only an average score on both its financial health and profitability. ELMRA is not valued too expensively and it also shows a decent growth rate.
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 a decent Return On Assets value of 5.87%, ELMRA is doing good in the industry, outperforming 64.71% of the companies in the same industry.
ELMRA has a better Return On Equity (23.65%) than 64.71% of its industry peers.
With a decent Return On Invested Capital value of 10.20%, ELMRA is doing good in the industry, outperforming 76.47% of the companies in the same industry.
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 9.46%.
The last Return On Invested Capital (10.20%) for ELMRA is above the 3 year average (7.64%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.87% | ||
| ROE | 23.65% | ||
| ROIC | 10.2% |
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 2.89%, ELMRA is not doing good in the industry: 76.47% of the companies in the same industry are doing better.
ELMRA's Profit Margin has declined in the last couple of years.
ELMRA has a Operating Margin of 3.48%. This is in the lower half of the industry: ELMRA underperforms 76.47% of its industry peers.
In the last couple of years the Operating Margin of ELMRA has declined.
The Gross Margin of ELMRA (14.53%) is worse than 82.35% of its industry peers.
ELMRA's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.48% | ||
| PM (TTM) | 2.89% | ||
| GM | 14.53% |
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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so ELMRA is still creating some value.
The number of shares outstanding for ELMRA has been increased 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
ELMRA has an Altman-Z score of 2.97. This is not the best score and indicates that ELMRA is in the grey zone with still only limited risk for bankruptcy at the moment.
ELMRA has a Altman-Z score of 2.97. This is amongst the best in the industry. ELMRA outperforms 94.12% of its industry peers.
A Debt/Equity ratio of 0.67 indicates that ELMRA is somewhat dependend on debt financing.
ELMRA's Debt to Equity ratio of 0.67 is amongst the best of the industry. ELMRA outperforms 82.35% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.67 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.97 |
ROIC/WACC1.04
WACC9.82%
2.3 Liquidity
ELMRA has a Current Ratio of 1.11. This is a normal value and indicates that ELMRA is financially healthy and should not expect problems in meeting its short term obligations.
ELMRA's Current ratio of 1.11 is fine compared to the rest of the industry. ELMRA outperforms 76.47% of its industry peers.
ELMRA has a Quick Ratio of 1.10. This is a normal value and indicates that ELMRA is financially healthy and should not expect problems in meeting its short term obligations.
ELMRA's Quick ratio of 1.10 is fine compared to the rest of the industry. ELMRA outperforms 76.47% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.11 | ||
| Quick Ratio | 1.1 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 36.03% 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 -35.36%.
ELMRA shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 11.42% yearly.
EPS 1Y (TTM)36.03%
EPS 3Y5.23%
EPS 5Y-1.54%
EPS Q2Q%127.01%
Revenue 1Y (TTM)-35.36%
Revenue growth 3Y-6.74%
Revenue growth 5Y11.42%
Sales Q2Q%-35.05%
3.2 Future
ELMRA is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -1.84% yearly.
ELMRA is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.06% yearly.
EPS Next Y-16.93%
EPS Next 2Y-7.21%
EPS Next 3Y-1.84%
EPS Next 5YN/A
Revenue Next Year1.26%
Revenue Next 2Y4.05%
Revenue Next 3Y4.06%
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 stable.
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 9.09.
Based on the Price/Earnings ratio, ELMRA is valued cheaply inside the industry as 94.12% of the companies are valued more expensively.
ELMRA's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 28.79.
With a Price/Forward Earnings ratio of 10.96, the valuation of ELMRA can be described as very reasonable.
ELMRA's Price/Forward Earnings ratio is rather cheap when compared to the industry. ELMRA is cheaper than 88.24% of the companies in the same industry.
ELMRA is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 21.38, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.09 | ||
| Fwd PE | 10.96 |
4.2 Price Multiples
ELMRA's Enterprise Value to EBITDA ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 7.82 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-7.21%
EPS Next 3Y-1.84%
5. Dividend
5.1 Amount
ELMRA has a Yearly Dividend Yield of 8.45%, which is a nice return.
Compared to an average industry Dividend Yield of 4.51, 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 2.51, ELMRA pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.45% |
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 70.81% 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.
DP70.81%
EPS Next 2Y-7.21%
EPS Next 3Y-1.84%
OSL:ELMRA (4/25/2025, 7:00:00 PM)
35.65
+0.15 (+0.42%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)
Earnings (Next)
Inst Owners39.52%
Inst Owner ChangeN/A
Ins Owners0.28%
Ins Owner ChangeN/A
Market Cap4.08B
Analysts76.67
Price Target36.38 (2.05%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.45% |
Yearly Dividend2.3
Dividend Growth(5Y)0.91%
DP70.81%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)898.76%
Min EPS beat(2)91.7%
Max EPS beat(2)1705.83%
EPS beat(4)3
Avg EPS beat(4)452.88%
Min EPS beat(4)-0.22%
Max EPS beat(4)1705.83%
EPS beat(8)6
Avg EPS beat(8)245.79%
EPS beat(12)9
Avg EPS beat(12)173.61%
EPS beat(16)11
Avg EPS beat(16)128.14%
Revenue beat(2)1
Avg Revenue beat(2)-10.17%
Min Revenue beat(2)-34.12%
Max Revenue beat(2)13.79%
Revenue beat(4)1
Avg Revenue beat(4)-10.3%
Min Revenue beat(4)-34.12%
Max Revenue beat(4)13.79%
Revenue beat(8)3
Avg Revenue beat(8)-2.09%
Revenue beat(12)6
Avg Revenue beat(12)16.77%
Revenue beat(16)9
Avg Revenue beat(16)14.33%
PT rev (1m)0%
PT rev (3m)-0.93%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-1.56%
EPS NY rev (3m)16.51%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)25.23%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.09 | ||
| Fwd PE | 10.96 | ||
| P/S | 0.33 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 2.72 | ||
| P/tB | N/A | ||
| EV/EBITDA | 7.82 |
EPS(TTM)3.92
EY11%
EPS(NY)3.25
Fwd EY9.12%
FCF(TTM)-0.62
FCFYN/A
OCF(TTM)-0.02
OCFYN/A
SpS106.95
BVpS13.09
TBVpS-2.77
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.87% | ||
| ROE | 23.65% | ||
| ROCE | 13.15% | ||
| ROIC | 10.2% | ||
| ROICexc | 10.65% | ||
| ROICexgc | 23.66% | ||
| OM | 3.48% | ||
| PM (TTM) | 2.89% | ||
| GM | 14.53% | ||
| 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%
ROICexcg growth 3Y-13.73%
ROICexcg 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 Turnover2.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.67 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 1.66 | ||
| Cap/Depr | 37.94% | ||
| Cap/Sales | 0.56% | ||
| Interest Coverage | 2.42 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.11 | ||
| Quick Ratio | 1.1 | ||
| Altman-Z | 2.97 |
F-Score4
WACC9.82%
ROIC/WACC1.04
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)36.03%
EPS 3Y5.23%
EPS 5Y-1.54%
EPS Q2Q%127.01%
EPS Next Y-16.93%
EPS Next 2Y-7.21%
EPS Next 3Y-1.84%
EPS Next 5YN/A
Revenue 1Y (TTM)-35.36%
Revenue growth 3Y-6.74%
Revenue growth 5Y11.42%
Sales Q2Q%-35.05%
Revenue Next Year1.26%
Revenue Next 2Y4.05%
Revenue Next 3Y4.06%
Revenue Next 5YN/A
EBIT growth 1Y23.54%
EBIT growth 3Y0.65%
EBIT growth 5Y-2.48%
EBIT Next Year53.02%
EBIT Next 3Y16.52%
EBIT Next 5YN/A
FCF growth 1Y-107.36%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-100.26%
OCF growth 3YN/A
OCF growth 5YN/A