ELOPAK ASA (ELO.OL) Stock Fundamental Analysis
Europe • Euronext Oslo • OSL:ELO • NO0011002586
52.3 NOK
+2.1 (+4.18%)
Last: Feb 10, 2026, 04:17 PM
Taking everything into account, ELO scores 5 out of 10 in our fundamental rating. ELO was compared to 11 industry peers in the Containers & Packaging industry. ELO has an excellent profitability rating, but there are some minor concerns on its financial health. ELO has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
- In the past year ELO was profitable.
- ELO had a positive operating cash flow in the past year.
- In the past 5 years ELO has always been profitable.
- In the past 5 years ELO always reported a positive cash flow from operatings.
1.2 Ratios
- ELO has a Return On Assets of 5.00%. This is in the better half of the industry: ELO outperforms 63.64% of its industry peers.
- ELO's Return On Equity of 15.38% is amongst the best of the industry. ELO outperforms 90.91% of its industry peers.
- ELO has a Return On Invested Capital of 10.23%. This is amongst the best in the industry. ELO outperforms 90.91% 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 7.33%.
- The 3 year average ROIC (9.29%) for ELO is below the current ROIC(10.23%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5% | ||
| ROE | 15.38% | ||
| ROIC | 10.23% |
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
- Looking at the Profit Margin, with a value of 4.49%, ELO is in line with its industry, outperforming 45.45% of the companies in the same industry.
- In the last couple of years the Profit Margin of ELO has grown nicely.
- With a decent Operating Margin value of 8.96%, ELO is doing good in the industry, outperforming 63.64% of the companies in the same industry.
- In the last couple of years the Operating Margin of ELO has grown nicely.
- With a Gross Margin value of 38.38%, ELO perfoms like the industry average, outperforming 45.45% of the companies in the same industry.
- ELO's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.96% | ||
| PM (TTM) | 4.49% | ||
| GM | 38.38% |
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.
- The number of shares outstanding for ELO remains at a similar level compared to 1 year ago.
- The number of shares outstanding for ELO remains at a similar level compared to 5 years ago.
- The debt/assets ratio for ELO is higher compared to a year ago.
2.2 Solvency
- ELO has an Altman-Z score of 2.96. This is not the best score and indicates that ELO is in the grey zone with still only limited risk for bankruptcy at the moment.
- With an excellent Altman-Z score value of 2.96, ELO belongs to the best of the industry, outperforming 81.82% of the companies in the same industry.
- The Debt to FCF ratio of ELO is 8.12, which is on the high side as it means it would take ELO, 8.12 years of fcf income to pay off all of its debts.
- With a decent Debt to FCF ratio value of 8.12, ELO is doing good in the industry, outperforming 72.73% of the companies in the same industry.
- A Debt/Equity ratio of 1.17 is on the high side and indicates that ELO has dependencies on debt financing.
- ELO has a worse Debt to Equity ratio (1.17) than 63.64% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.17 | ||
| Debt/FCF | 8.12 | ||
| Altman-Z | 2.96 |
ROIC/WACC1.21
WACC8.42%
2.3 Liquidity
- ELO has a Current Ratio of 1.46. This is a normal value and indicates that ELO is financially healthy and should not expect problems in meeting its short term obligations.
- ELO has a Current ratio (1.46) which is in line with its industry peers.
- ELO has a Quick Ratio of 1.46. This is a bad value and indicates that ELO is not financially healthy enough and could expect problems in meeting its short term obligations.
- Looking at the Quick ratio, with a value of 0.86, ELO is in the better half of the industry, outperforming 63.64% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.46 | ||
| Quick Ratio | 0.86 |
3. Growth
3.1 Past
- ELO shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -24.00%.
- Measured over the past years, ELO shows a very strong growth in Earnings Per Share. The EPS has been growing by 43.61% on average per year.
- ELO shows a small growth in Revenue. In the last year, the Revenue has grown by 1.09%.
- The Revenue has been growing slightly by 4.99% on average over the past years.
EPS 1Y (TTM)-24%
EPS 3Y24.53%
EPS 5Y43.61%
EPS Q2Q%16.67%
Revenue 1Y (TTM)1.09%
Revenue growth 3Y10.58%
Revenue growth 5Y4.99%
Sales Q2Q%-1.08%
3.2 Future
- The Earnings Per Share is expected to grow by 11.76% on average over the next years. This is quite good.
- ELO is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.31% yearly.
EPS Next Y1%
EPS Next 2Y16.67%
EPS Next 3Y18.09%
EPS Next 5Y11.76%
Revenue Next Year2.73%
Revenue Next 2Y5.81%
Revenue Next 3Y6.66%
Revenue Next 5Y5.31%
3.3 Evolution
- The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past 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
- A Price/Earnings ratio of 24.10 indicates a rather expensive valuation of ELO.
- ELO's Price/Earnings ratio is in line with the industry average.
- ELO is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 28.03, which is the current average of the S&P500 Index.
- With a Price/Forward Earnings ratio of 14.62, ELO is valued correctly.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of ELO indicates a somewhat cheap valuation: ELO is cheaper than 72.73% of the companies listed in the same industry.
- ELO's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.97.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.1 | ||
| Fwd PE | 14.62 |
4.2 Price Multiples
- ELO's Enterprise Value to EBITDA is on the same level as the industry average.
- The rest of the industry has a similar Price/Free Cash Flow ratio as ELO.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.15 | ||
| EV/EBITDA | 8.89 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
- ELO has a very decent profitability rating, which may justify a higher PE ratio.
- ELO's earnings are expected to grow with 18.09% in the coming years. This may justify a more expensive valuation.
PEG (NY)24.1
PEG (5Y)0.55
EPS Next 2Y16.67%
EPS Next 3Y18.09%
5. Dividend
5.1 Amount
- ELO has a Yearly Dividend Yield of 3.09%. Purely for dividend investing, there may be better candidates out there.
- Compared to an average industry Dividend Yield of 3.38, ELO has a dividend in line with its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.80, ELO pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.09% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- 41.05% of the earnings are spent on dividend by ELO. This is a bit on the high side, but may be sustainable.
DP41.05%
EPS Next 2Y16.67%
EPS Next 3Y18.09%
OSL:ELO (2/10/2026, 4:17:43 PM)
52.3
+2.1 (+4.18%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryContainers & Packaging
Earnings (Last)10-28 2025-10-28/bmo
Earnings (Next)02-10 2026-02-10
Inst Owners82.84%
Inst Owner ChangeN/A
Ins Owners0.64%
Ins Owner ChangeN/A
Market Cap14.08B
Revenue(TTM)1.17B
Net Income(TTM)52.71M
Analysts77.5
Price Target58.14 (11.17%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.09% |
Yearly Dividend1.47
Dividend Growth(5Y)N/A
DP41.05%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-25.74%
Min EPS beat(2)-50.49%
Max EPS beat(2)-0.99%
EPS beat(4)0
Avg EPS beat(4)-27.65%
Min EPS beat(4)-50.49%
Max EPS beat(4)-0.99%
EPS beat(8)1
Avg EPS beat(8)-16.27%
EPS beat(12)4
Avg EPS beat(12)-6.6%
EPS beat(16)6
Avg EPS beat(16)-12.72%
Revenue beat(2)0
Avg Revenue beat(2)-5.94%
Min Revenue beat(2)-6.32%
Max Revenue beat(2)-5.56%
Revenue beat(4)1
Avg Revenue beat(4)-3.1%
Min Revenue beat(4)-6.32%
Max Revenue beat(4)1.29%
Revenue beat(8)2
Avg Revenue beat(8)-2.17%
Revenue beat(12)3
Avg Revenue beat(12)-1.91%
Revenue beat(16)5
Avg Revenue beat(16)-1.45%
PT rev (1m)6.34%
PT rev (3m)10.63%
EPS NQ rev (1m)21.22%
EPS NQ rev (3m)21.22%
EPS NY rev (1m)1.1%
EPS NY rev (3m)1.1%
Revenue NQ rev (1m)-4.75%
Revenue NQ rev (3m)-4.29%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.1 | ||
| Fwd PE | 14.62 | ||
| P/S | 1.05 | ||
| P/FCF | 22.15 | ||
| P/OCF | 7.99 | ||
| P/B | 3.6 | ||
| P/tB | 6.48 | ||
| EV/EBITDA | 8.89 |
EPS(TTM)2.17
EY4.15%
EPS(NY)3.58
Fwd EY6.84%
FCF(TTM)2.36
FCFY4.52%
OCF(TTM)6.55
OCFY12.52%
SpS49.8
BVpS14.54
TBVpS8.07
PEG (NY)24.1
PEG (5Y)0.55
Graham Number26.65
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5% | ||
| ROE | 15.38% | ||
| ROCE | 14.31% | ||
| ROIC | 10.23% | ||
| ROICexc | 10.77% | ||
| ROICexgc | 13.58% | ||
| OM | 8.96% | ||
| PM (TTM) | 4.49% | ||
| GM | 38.38% | ||
| FCFM | 4.74% |
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%
ROICexgc growth 3Y10.75%
ROICexgc 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 Turnover1.11
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.17 | ||
| Debt/FCF | 8.12 | ||
| Debt/EBITDA | 2.29 | ||
| Cap/Depr | 141.43% | ||
| Cap/Sales | 8.41% | ||
| Interest Coverage | 5.87 | ||
| Cash Conversion | 88.25% | ||
| Profit Quality | 105.55% | ||
| Current Ratio | 1.46 | ||
| Quick Ratio | 0.86 | ||
| Altman-Z | 2.96 |
F-Score6
WACC8.42%
ROIC/WACC1.21
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)-24%
EPS 3Y24.53%
EPS 5Y43.61%
EPS Q2Q%16.67%
EPS Next Y1%
EPS Next 2Y16.67%
EPS Next 3Y18.09%
EPS Next 5Y11.76%
Revenue 1Y (TTM)1.09%
Revenue growth 3Y10.58%
Revenue growth 5Y4.99%
Sales Q2Q%-1.08%
Revenue Next Year2.73%
Revenue Next 2Y5.81%
Revenue Next 3Y6.66%
Revenue Next 5Y5.31%
EBIT growth 1Y1.21%
EBIT growth 3Y26.46%
EBIT growth 5Y23.16%
EBIT Next Year63.58%
EBIT Next 3Y27.01%
EBIT Next 5Y17.04%
FCF growth 1Y-24.24%
FCF growth 3Y-4.86%
FCF growth 5Y-8.94%
OCF growth 1Y43.65%
OCF growth 3Y24.11%
OCF growth 5Y6.56%
ELOPAK ASA / ELO.OL FAQ
What is the fundamental rating for ELO stock?
ChartMill assigns a fundamental rating of 5 / 10 to ELO.OL.
Can you provide the valuation status for ELOPAK ASA?
ChartMill assigns a valuation rating of 4 / 10 to ELOPAK ASA (ELO.OL). This can be considered as Fairly Valued.
How profitable is ELOPAK ASA (ELO.OL) stock?
ELOPAK ASA (ELO.OL) has a profitability rating of 7 / 10.
Can you provide the financial health for ELO stock?
The financial health rating of ELOPAK ASA (ELO.OL) is 4 / 10.
Is the dividend of ELOPAK ASA sustainable?
The dividend rating of ELOPAK ASA (ELO.OL) is 4 / 10 and the dividend payout ratio is 41.05%.