ELOPAK ASA (ELO.OL) Fundamental Analysis & Valuation

OSL:ELO • NO0011002586

Current stock price

36.3 NOK
+0.15 (+0.41%)
Last:

This ELO.OL fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

7

1. ELO.OL Profitability Analysis

1.1 Basic Checks

  • ELO had positive earnings in the past year.
  • 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.
ELO.OL Yearly Net Income VS EBIT VS OCF VS FCFELO.OL Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 50M 100M 150M

1.2 Ratios

  • Looking at the Return On Assets, with a value of 5.78%, ELO belongs to the top of the industry, outperforming 90.00% of the companies in the same industry.
  • The Return On Equity of ELO (18.17%) is better than 100.00% of its industry peers.
  • ELO has a Return On Invested Capital of 9.55%. This is amongst the best in the industry. ELO outperforms 90.00% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for ELO is above the industry average of 6.20%.
Industry RankSector Rank
ROA 5.78%
ROE 18.17%
ROIC 9.55%
ROA(3y)6.17%
ROA(5y)4.79%
ROE(3y)19.29%
ROE(5y)14.92%
ROIC(3y)10.16%
ROIC(5y)8.5%
ELO.OL Yearly ROA, ROE, ROICELO.OL Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2017 2018 2019 2020 2021 2022 2023 2024 2025 5 10 15 20 25

1.3 Margins

  • ELO has a Profit Margin (5.11%) which is comparable to the rest of the industry.
  • In the last couple of years the Profit Margin of ELO has remained more or less at the same level.
  • ELO has a Operating Margin (9.10%) which is comparable to the rest of the industry.
  • ELO's Operating Margin has improved in the last couple of years.
  • Looking at the Gross Margin, with a value of 37.97%, ELO is doing worse than 60.00% of the companies in the same industry.
  • In the last couple of years the Gross Margin of ELO has remained more or less at the same level.
Industry RankSector Rank
OM 9.1%
PM (TTM) 5.11%
GM 37.97%
OM growth 3Y24.41%
OM growth 5Y3.31%
PM growth 3Y68.87%
PM growth 5Y-0.49%
GM growth 3Y4.32%
GM growth 5Y0.57%
ELO.OL Yearly Profit, Operating, Gross MarginsELO.OL Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30

4

2. ELO.OL Health Analysis

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.
  • Compared to 1 year ago, ELO has about the same amount of shares outstanding.
  • The number of shares outstanding for ELO remains at a similar level compared to 5 years ago.
  • ELO has a worse debt/assets ratio than last year.
ELO.OL Yearly Shares OutstandingELO.OL Yearly Shares OutstandingYearly Shares Outstanding 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M 200M 250M
ELO.OL Yearly Total Debt VS Total AssetsELO.OL Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M 1B

2.2 Solvency

  • ELO has an Altman-Z score of 2.75. 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.
  • ELO's Altman-Z score of 2.75 is in line compared to the rest of the industry. ELO outperforms 60.00% of its industry peers.
  • The Debt to FCF ratio of ELO is 5.47, which is a neutral value as it means it would take ELO, 5.47 years of fcf income to pay off all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 5.47, ELO is in the better half of the industry, outperforming 70.00% of the companies in the same industry.
  • A Debt/Equity ratio of 1.30 is on the high side and indicates that ELO has dependencies on debt financing.
  • With a Debt to Equity ratio value of 1.30, ELO is not doing good in the industry: 70.00% of the companies in the same industry are doing better.
Industry RankSector Rank
Debt/Equity 1.3
Debt/FCF 5.47
Altman-Z 2.75
ROIC/WACC1.14
WACC8.37%
ELO.OL Yearly LT Debt VS Equity VS FCFELO.OL Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 100M 200M 300M 400M

2.3 Liquidity

  • A Current Ratio of 1.63 indicates that ELO should not have too much problems paying its short term obligations.
  • ELO's Current ratio of 1.63 is in line compared to the rest of the industry. ELO outperforms 50.00% of its industry peers.
  • A Quick Ratio of 1.02 indicates that ELO should not have too much problems paying its short term obligations.
  • ELO has a Quick ratio of 1.02. This is in the better half of the industry: ELO outperforms 80.00% of its industry peers.
Industry RankSector Rank
Current Ratio 1.63
Quick Ratio 1.02
ELO.OL Yearly Current Assets VS Current LiabilitesELO.OL Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M 400M

4

3. ELO.OL Growth Analysis

3.1 Past

  • ELO shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -4.35%.
  • ELO shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 5.19% yearly.
  • The Revenue has been growing slightly by 4.24% in the past year.
  • The Revenue has been growing slightly by 5.70% on average over the past years.
EPS 1Y (TTM)-4.35%
EPS 3Y30.06%
EPS 5Y5.19%
EPS Q2Q%100%
Revenue 1Y (TTM)4.24%
Revenue growth 3Y5.6%
Revenue growth 5Y5.7%
Sales Q2Q%11.51%

3.2 Future

  • Based on estimates for the next years, ELO will show a quite strong growth in Earnings Per Share. The EPS will grow by 15.68% on average per year.
  • The Revenue is expected to grow by 6.97% on average over the next years.
EPS Next Y30.84%
EPS Next 2Y28.11%
EPS Next 3Y22.12%
EPS Next 5Y15.68%
Revenue Next Year8.69%
Revenue Next 2Y8.96%
Revenue Next 3Y7.81%
Revenue Next 5Y6.97%

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last 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 accelerating.
ELO.OL Yearly Revenue VS EstimatesELO.OL Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 500M 1B 1.5B
ELO.OL Yearly EPS VS EstimatesELO.OL Yearly EPS VS EstimatesYearly EPS VS Estimates 2021 2022 2023 2024 2025 2026 2027 2028 2029 0.1 0.2 0.3 0.4

6

4. ELO.OL Valuation Analysis

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 14.88 indicates a correct valuation of ELO.
  • Based on the Price/Earnings ratio, ELO is valued a bit cheaper than the industry average as 70.00% of the companies are valued more expensively.
  • When comparing the Price/Earnings ratio of ELO to the average of the S&P500 Index (27.18), we can say ELO is valued slightly cheaper.
  • ELO is valuated reasonably with a Price/Forward Earnings ratio of 11.36.
  • Based on the Price/Forward Earnings ratio, ELO is valued a bit cheaper than the industry average as 80.00% of the companies are valued more expensively.
  • The average S&P500 Price/Forward Earnings ratio is at 37.96. ELO is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 14.88
Fwd PE 11.36
ELO.OL Price Earnings VS Forward Price EarningsELO.OL Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • ELO's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. ELO is cheaper than 70.00% of the companies in the same industry.
  • ELO's Price/Free Cash Flow ratio is in line with the industry average.
Industry RankSector Rank
P/FCF 10.31
EV/EBITDA 6.93
ELO.OL Per share dataELO.OL EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30 40

4.3 Compensation for Growth

  • ELO's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • ELO has a very decent 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 22.12% in the coming years.
PEG (NY)0.48
PEG (5Y)2.86
EPS Next 2Y28.11%
EPS Next 3Y22.12%

4

5. ELO.OL Dividend Analysis

5.1 Amount

  • ELO has a Yearly Dividend Yield of 4.03%, which is a nice return.
  • The stock price of ELO dropped by -29.12% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
  • ELO's Dividend Yield is comparable with the industry average which is at 3.16.
  • ELO's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
Industry RankSector Rank
Dividend Yield 4.03%

5.2 History

Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0

5.3 Sustainability

  • ELO pays out 70.36% of its income as dividend. This is not a sustainable payout ratio.
DP70.36%
EPS Next 2Y28.11%
EPS Next 3Y22.12%
ELO.OL Yearly Income VS Free CF VS DividendELO.OL Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20M 40M 60M 80M 100M
ELO.OL Dividend Payout.ELO.OL Dividend Payout, showing the Payout Ratio.ELO.OL Dividend Payout.PayoutRetained Earnings

ELO.OL Fundamentals: All Metrics, Ratios and Statistics

ELOPAK ASA

OSL:ELO (4/14/2026, 1:51:17 PM)

36.3

+0.15 (+0.41%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryContainers & Packaging
Earnings (Last)02-10
Earnings (Next)05-05
Inst Owners82.53%
Inst Owner ChangeN/A
Ins Owners0.64%
Ins Owner ChangeN/A
Market Cap9.77B
Revenue(TTM)1.21B
Net Income(TTM)61.56M
Analysts75.56
Price Target55.34 (52.45%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 4.03%
Yearly Dividend1.79
Dividend Growth(5Y)N/A
DP70.36%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-5.94%
Min EPS beat(2)-10.9%
Max EPS beat(2)-0.99%
EPS beat(4)0
Avg EPS beat(4)-17.75%
Min EPS beat(4)-50.49%
Max EPS beat(4)-0.99%
EPS beat(8)1
Avg EPS beat(8)-15.45%
EPS beat(12)4
Avg EPS beat(12)-6.5%
EPS beat(16)6
Avg EPS beat(16)-7.15%
Revenue beat(2)1
Avg Revenue beat(2)0.12%
Min Revenue beat(2)-5.56%
Max Revenue beat(2)5.79%
Revenue beat(4)2
Avg Revenue beat(4)-1.2%
Min Revenue beat(4)-6.32%
Max Revenue beat(4)5.79%
Revenue beat(8)2
Avg Revenue beat(8)-1.64%
Revenue beat(12)4
Avg Revenue beat(12)-1.16%
Revenue beat(16)6
Avg Revenue beat(16)-0.64%
PT rev (1m)-6.47%
PT rev (3m)1.21%
EPS NQ rev (1m)-11.11%
EPS NQ rev (3m)-4.76%
EPS NY rev (1m)-6.86%
EPS NY rev (3m)-10.24%
Revenue NQ rev (1m)-4.72%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.99%
Revenue NY rev (3m)-0.76%
Valuation
Industry RankSector Rank
PE 14.88
Fwd PE 11.36
P/S 0.73
P/FCF 10.31
P/OCF 5.15
P/B 2.6
P/tB 4.66
EV/EBITDA 6.93
EPS(TTM)2.44
EY6.72%
EPS(NY)3.19
Fwd EY8.8%
FCF(TTM)3.52
FCFY9.7%
OCF(TTM)7.05
OCFY19.43%
SpS49.7
BVpS13.97
TBVpS7.78
PEG (NY)0.48
PEG (5Y)2.86
Graham Number27.69
Profitability
Industry RankSector Rank
ROA 5.78%
ROE 18.17%
ROCE 14.23%
ROIC 9.55%
ROICexc 10.34%
ROICexgc 12.93%
OM 9.1%
PM (TTM) 5.11%
GM 37.97%
FCFM 7.09%
ROA(3y)6.17%
ROA(5y)4.79%
ROE(3y)19.29%
ROE(5y)14.92%
ROIC(3y)10.16%
ROIC(5y)8.5%
ROICexc(3y)10.63%
ROICexc(5y)8.89%
ROICexgc(3y)13.84%
ROICexgc(5y)11.64%
ROCE(3y)14.87%
ROCE(5y)12.32%
ROICexgc growth 3Y20.35%
ROICexgc growth 5Y-0.92%
ROICexc growth 3Y24.45%
ROICexc growth 5Y-0.03%
OM growth 3Y24.41%
OM growth 5Y3.31%
PM growth 3Y68.87%
PM growth 5Y-0.49%
GM growth 3Y4.32%
GM growth 5Y0.57%
F-Score8
Asset Turnover1.13
Health
Industry RankSector Rank
Debt/Equity 1.3
Debt/FCF 5.47
Debt/EBITDA 2.47
Cap/Depr 123.44%
Cap/Sales 7.1%
Interest Coverage 4.21
Cash Conversion 95.53%
Profit Quality 138.78%
Current Ratio 1.63
Quick Ratio 1.02
Altman-Z 2.75
F-Score8
WACC8.37%
ROIC/WACC1.14
Cap/Depr(3y)117.63%
Cap/Depr(5y)95.31%
Cap/Sales(3y)6.71%
Cap/Sales(5y)5.76%
Profit Quality(3y)119.95%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-4.35%
EPS 3Y30.06%
EPS 5Y5.19%
EPS Q2Q%100%
EPS Next Y30.84%
EPS Next 2Y28.11%
EPS Next 3Y22.12%
EPS Next 5Y15.68%
Revenue 1Y (TTM)4.24%
Revenue growth 3Y5.6%
Revenue growth 5Y5.7%
Sales Q2Q%11.51%
Revenue Next Year8.69%
Revenue Next 2Y8.96%
Revenue Next 3Y7.81%
Revenue Next 5Y6.97%
EBIT growth 1Y7.52%
EBIT growth 3Y31.38%
EBIT growth 5Y9.2%
EBIT Next Year74.2%
EBIT Next 3Y28.3%
EBIT Next 5Y21.41%
FCF growth 1Y176.93%
FCF growth 3YN/A
FCF growth 5Y10.24%
OCF growth 1Y22.24%
OCF growth 3Y89.62%
OCF growth 5Y10.76%

ELOPAK ASA / ELO.OL Fundamental Analysis 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 7 / 10 to ELOPAK ASA (ELO.OL). This can be considered as Undervalued.


Can you provide the profitability details for ELOPAK ASA?

ELOPAK ASA (ELO.OL) has a profitability rating of 7 / 10.


What are the PE and PB ratios of ELOPAK ASA (ELO.OL) stock?

The Price/Earnings (PE) ratio for ELOPAK ASA (ELO.OL) is 14.88 and the Price/Book (PB) ratio is 2.6.


Can you provide the expected EPS growth for ELO stock?

The Earnings per Share (EPS) of ELOPAK ASA (ELO.OL) is expected to grow by 30.84% in the next year.