ELOPAK ASA (ELO.OL) Stock Fundamental Analysis
OSL:ELO - Euronext Oslo - NO0011002586 - Common Stock - Currency: NOK
ELO gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 13 industry peers in the Containers & Packaging industry. While ELO has a great profitability rating, there are quite some concerns on its financial health. ELO has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year ELO was profitable.
ELO had a positive operating cash flow in the past year.
ELO had positive earnings in each of the past 5 years.
In the past 5 years ELO always reported a positive cash flow from operatings.
1.2 Ratios
With a Return On Assets value of 5.77%, ELO perfoms like the industry average, outperforming 58.33% of the companies in the same industry.
Looking at the Return On Equity, with a value of 17.81%, ELO belongs to the top of the industry, outperforming 83.33% of the companies in the same industry.
ELO's Return On Invested Capital of 10.12% is fine compared to the rest of the industry. ELO outperforms 66.67% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ELO is in line with the industry average of 8.29%.
The last Return On Invested Capital (10.12%) for ELO is above the 3 year average (9.29%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.77% | ||
| ROE | 17.81% | ||
| ROIC | 10.12% |
ROA(3y)4.62%
ROA(5y)4.91%
ROE(3y)14.63%
ROE(5y)16.45%
ROIC(3y)9.29%
ROIC(5y)9.23%
1.3 Margins
ELO's Profit Margin of 5.27% is in line compared to the rest of the industry. ELO outperforms 50.00% of its industry peers.
ELO's Profit Margin has improved in the last couple of years.
ELO has a Operating Margin (8.82%) which is in line with its industry peers.
In the last couple of years the Operating Margin of ELO has grown nicely.
ELO has a Gross Margin (37.77%) which is comparable to the rest of the industry.
ELO's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.82% | ||
| PM (TTM) | 5.27% | ||
| GM | 37.77% |
OM growth 3Y14.36%
OM growth 5Y17.31%
PM growth 3Y10.04%
PM growth 5Y37.07%
GM growth 3Y0.61%
GM growth 5Y1.43%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so ELO is still creating some value.
ELO has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, ELO has about the same amount of shares outstanding.
Compared to 1 year ago, ELO has a worse debt to assets ratio.
2.2 Solvency
The Debt to FCF ratio of ELO is 14.15, which is on the high side as it means it would take ELO, 14.15 years of fcf income to pay off all of its debts.
ELO's Debt to FCF ratio of 14.15 is in line compared to the rest of the industry. ELO outperforms 41.67% of its industry peers.
A Debt/Equity ratio of 1.12 is on the high side and indicates that ELO has dependencies on debt financing.
With a Debt to Equity ratio value of 1.12, ELO is not doing good in the industry: 83.33% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.12 | ||
| Debt/FCF | 14.15 | ||
| Altman-Z | N/A |
ROIC/WACC1.49
WACC6.81%
2.3 Liquidity
ELO has a Current Ratio of 1.39. This is a normal value and indicates that ELO is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of ELO (1.39) is worse than 66.67% of its industry peers.
A Quick Ratio of 0.80 indicates that ELO may have some problems paying its short term obligations.
ELO has a Quick ratio of 0.80. This is comparable to the rest of the industry: ELO outperforms 50.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.39 | ||
| Quick Ratio | 0.8 |
3. Growth
3.1 Past
ELO shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -10.54%.
Measured over the past years, ELO shows a very strong growth in Earnings Per Share. The EPS has been growing by 43.64% on average per year.
ELO shows a small growth in Revenue. In the last year, the Revenue has grown by 2.15%.
Measured over the past years, ELO shows a small growth in Revenue. The Revenue has been growing by 4.99% on average per year.
EPS 1Y (TTM)-10.54%
EPS 3Y24.57%
EPS 5Y43.64%
EPS Q2Q%-43.76%
Revenue 1Y (TTM)2.15%
Revenue growth 3Y10.58%
Revenue growth 5Y4.99%
Sales Q2Q%-1.29%
3.2 Future
ELO is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.55% yearly.
ELO is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.05% yearly.
EPS Next Y5.82%
EPS Next 2Y13.86%
EPS Next 3Y15.67%
EPS Next 5Y7.55%
Revenue Next Year6.49%
Revenue Next 2Y7.53%
Revenue Next 3Y7.58%
Revenue Next 5Y5.05%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 14.53, ELO is valued correctly.
Based on the Price/Earnings ratio, ELO is valued a bit cheaper than the industry average as 66.67% of the companies are valued more expensively.
ELO's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 29.35.
The Price/Forward Earnings ratio is 12.11, which indicates a correct valuation of ELO.
Based on the Price/Forward Earnings ratio, ELO is valued a bit cheaper than the industry average as 75.00% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.10, ELO is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.53 | ||
| Fwd PE | 12.11 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ELO is valued a bit cheaper than 75.00% of the companies in the same industry.
ELO's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 28.46 | ||
| EV/EBITDA | 7.38 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates ELO does not grow enough to justify the current Price/Earnings ratio.
ELO has a very decent profitability rating, which may justify a higher PE ratio.
ELO's earnings are expected to grow with 15.67% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.5
PEG (5Y)0.33
EPS Next 2Y13.86%
EPS Next 3Y15.67%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.99%, ELO has a reasonable but not impressive dividend return.
ELO's Dividend Yield is a higher than the industry average which is at 4.63.
ELO's Dividend Yield is rather good when compared to the S&P500 average which is at 2.33.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.99% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
ELO pays out 56.52% of its income as dividend. This is a bit on the high side, but may be sustainable.
DP56.52%
EPS Next 2Y13.86%
EPS Next 3Y15.67%
OSL:ELO (3/7/2025, 7:00:00 PM)
38.35
+0.05 (+0.13%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryContainers & Packaging
Earnings (Last)
Earnings (Next)
Inst Owners77.73%
Inst Owner ChangeN/A
Ins Owners0.55%
Ins Owner ChangeN/A
Market Cap10.32B
Analysts78
Price Target49.41 (28.84%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.99% |
Yearly Dividend1.51
Dividend Growth(5Y)N/A
DP56.52%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-1.38%
Min Revenue beat(2)-1.79%
Max Revenue beat(2)-0.97%
Revenue beat(4)0
Avg Revenue beat(4)-2.08%
Min Revenue beat(4)-3.54%
Max Revenue beat(4)-0.97%
Revenue beat(8)2
Avg Revenue beat(8)-1.14%
Revenue beat(12)4
Avg Revenue beat(12)-0.45%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-2.93%
PT rev (3m)-2.73%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-4.76%
EPS NY rev (1m)-6.1%
EPS NY rev (3m)-7.41%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-1.11%
Revenue NY rev (3m)-1.27%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.53 | ||
| Fwd PE | 12.11 | ||
| P/S | 0.76 | ||
| P/FCF | 28.46 | ||
| P/OCF | 6.27 | ||
| P/B | 2.57 | ||
| P/tB | 4.84 | ||
| EV/EBITDA | 7.38 |
EPS(TTM)2.64
EY6.88%
EPS(NY)3.17
Fwd EY8.26%
FCF(TTM)1.35
FCFY3.51%
OCF(TTM)6.11
OCFY15.94%
SpS50.52
BVpS14.94
TBVpS7.93
PEG (NY)2.5
PEG (5Y)0.33
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.77% | ||
| ROE | 17.81% | ||
| ROCE | 14.14% | ||
| ROIC | 10.12% | ||
| ROICexc | 10.51% | ||
| ROICexgc | 13.45% | ||
| OM | 8.82% | ||
| PM (TTM) | 5.27% | ||
| GM | 37.77% | ||
| FCFM | 2.67% |
ROA(3y)4.62%
ROA(5y)4.91%
ROE(3y)14.63%
ROE(5y)16.45%
ROIC(3y)9.29%
ROIC(5y)9.23%
ROICexc(3y)9.59%
ROICexc(5y)9.52%
ROICexgc(3y)12.85%
ROICexgc(5y)12.59%
ROCE(3y)12.55%
ROCE(5y)12.37%
ROICexcg growth 3Y10.75%
ROICexcg growth 5Y13.62%
ROICexc growth 3Y10.82%
ROICexc growth 5Y13.86%
OM growth 3Y14.36%
OM growth 5Y17.31%
PM growth 3Y10.04%
PM growth 5Y37.07%
GM growth 3Y0.61%
GM growth 5Y1.43%
F-Score6
Asset Turnover1.1
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.12 | ||
| Debt/FCF | 14.15 | ||
| Debt/EBITDA | 2.27 | ||
| Cap/Depr | 162.97% | ||
| Cap/Sales | 9.43% | ||
| Interest Coverage | 6.67 | ||
| Cash Conversion | 82.82% | ||
| Profit Quality | 50.64% | ||
| Current Ratio | 1.39 | ||
| Quick Ratio | 0.8 | ||
| Altman-Z | N/A |
F-Score6
WACC6.81%
ROIC/WACC1.49
Cap/Depr(3y)95.63%
Cap/Depr(5y)89.83%
Cap/Sales(3y)5.77%
Cap/Sales(5y)5.43%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-10.54%
EPS 3Y24.57%
EPS 5Y43.64%
EPS Q2Q%-43.76%
EPS Next Y5.82%
EPS Next 2Y13.86%
EPS Next 3Y15.67%
EPS Next 5Y7.55%
Revenue 1Y (TTM)2.15%
Revenue growth 3Y10.58%
Revenue growth 5Y4.99%
Sales Q2Q%-1.29%
Revenue Next Year6.49%
Revenue Next 2Y7.53%
Revenue Next 3Y7.58%
Revenue Next 5Y5.05%
EBIT growth 1Y-1.87%
EBIT growth 3Y26.46%
EBIT growth 5Y23.16%
EBIT Next Year68.41%
EBIT Next 3Y23.95%
EBIT Next 5Y18.19%
FCF growth 1Y-73.5%
FCF growth 3Y-4.86%
FCF growth 5Y-8.94%
OCF growth 1Y-10.97%
OCF growth 3Y24.11%
OCF growth 5Y6.56%