ELOPAK ASA (ELO.OL) Stock Fundamental Analysis
Europe • Euronext Oslo • OSL:ELO • NO0011002586
50.1 NOK
-0.8 (-1.57%)
Last: Jan 30, 2026, 07:00 PM
Overall ELO gets a fundamental rating of 5 out of 10. We evaluated ELO against 13 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 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.
- 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
- The Return On Assets of ELO (5.00%) is better than 69.23% of its industry peers.
- The Return On Equity of ELO (15.38%) is better than 92.31% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 10.23%, ELO belongs to the top of the industry, outperforming 92.31% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital for ELO is above the industry average of 6.42%.
- The last Return On Invested Capital (10.23%) for ELO is above the 3 year average (9.29%), which is a sign of increasing profitability.
| 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
- With a Profit Margin value of 4.49%, ELO perfoms like the industry average, outperforming 46.15% of the companies in the same industry.
- In the last couple of years the Profit Margin of ELO has grown nicely.
- ELO has a Operating Margin of 8.96%. This is in the better half of the industry: ELO outperforms 61.54% of its industry peers.
- ELO's Operating Margin has improved in the last couple of years.
- The Gross Margin of ELO (38.38%) is comparable to the rest of the industry.
- In the last couple of years the Gross Margin of ELO has remained more or less at the same level.
| 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
- ELO has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
- Compared to 1 year ago, ELO has about the same amount of shares outstanding.
- ELO has about the same amout of shares outstanding than it did 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.
- The Altman-Z score of ELO (2.96) is better than 84.62% of its industry peers.
- ELO has a debt to FCF ratio of 8.12. This is a slightly negative value and a sign of low solvency as ELO would need 8.12 years to pay back of all of its debts.
- With a decent Debt to FCF ratio value of 8.12, ELO is doing good in the industry, outperforming 76.92% 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 Debt to Equity ratio of 1.17. This is in the lower half of the industry: ELO underperforms 69.23% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.17 | ||
| Debt/FCF | 8.12 | ||
| Altman-Z | 2.96 |
ROIC/WACC1.22
WACC8.41%
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.
- Looking at the Current ratio, with a value of 1.46, ELO is in line with its industry, outperforming 53.85% of the companies in the same industry.
- A Quick Ratio of 0.86 indicates that ELO may have some problems paying its short term obligations.
- ELO has a Quick ratio of 0.86. This is in the better half of the industry: ELO outperforms 69.23% of its industry peers.
| 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.
- The Revenue has been growing slightly by 1.09% in the past year.
- 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
- ELO is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 11.76% yearly.
- The Revenue is expected to grow by 5.31% on average over the next years.
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
- Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 23.19, ELO is valued on the expensive side.
- ELO's Price/Earnings is on the same level as the industry average.
- ELO is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 28.32, which is the current average of the S&P500 Index.
- With a Price/Forward Earnings ratio of 14.05, ELO is valued correctly.
- 69.23% of the companies in the same industry are more expensive than ELO, based on the Price/Forward Earnings ratio.
- ELO is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 25.57, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.19 | ||
| Fwd PE | 14.05 |
4.2 Price Multiples
- ELO's Enterprise Value to EBITDA is on the same level as the industry average.
- ELO's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.29 | ||
| EV/EBITDA | 8.9 |
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 an outstanding profitability rating, which may justify a higher PE ratio.
- A more expensive valuation may be justified as ELO's earnings are expected to grow with 18.09% in the coming years.
PEG (NY)23.19
PEG (5Y)0.53
EPS Next 2Y16.67%
EPS Next 3Y18.09%
5. Dividend
5.1 Amount
- ELO has a Yearly Dividend Yield of 2.93%.
- ELO's Dividend Yield is comparable with the industry average which is at 2.85.
- ELO's Dividend Yield is rather good when compared to the S&P500 average which is at 1.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.93% |
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%
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 8 / 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%.