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 scores excellent on profitability, 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.
- In the past year ELO had a positive cash flow from operations.
- 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's Return On Assets of 5.00% is fine compared to the rest of the industry. ELO outperforms 69.23% of its industry peers.
- Looking at the Return On Equity, with a value of 15.38%, ELO belongs to the top of the industry, outperforming 92.31% of the companies in the same industry.
- 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.
- ELO had an Average Return On Invested Capital over the past 3 years of 9.29%. This 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
- ELO has a Profit Margin (4.49%) which is in line with its industry peers.
- In the last couple of years the Profit Margin of ELO has grown nicely.
- ELO has a better Operating Margin (8.96%) than 61.54% of its industry peers.
- ELO's Operating Margin has improved in the last couple of years.
- ELO's Gross Margin of 38.38% is in line compared to the rest of the industry. ELO outperforms 46.15% of its industry peers.
- 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
- With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), ELO is creating some value.
- ELO has about the same amout of shares outstanding than it did 1 year ago.
- ELO has about the same amout of shares outstanding than it did 5 years ago.
- ELO has a worse debt/assets ratio than last year.
2.2 Solvency
- ELO has an Altman-Z score of 2.97. 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.
- Looking at the Altman-Z score, with a value of 2.97, ELO belongs to the top of the industry, outperforming 84.62% of the companies in the same industry.
- 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.
- ELO has a Debt/Equity ratio of 1.17. This is a high value indicating a heavy dependency on external financing.
- ELO's Debt to Equity ratio of 1.17 is on the low side compared to the rest of the industry. ELO is outperformed by 69.23% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.17 | ||
| Debt/FCF | 8.12 | ||
| Altman-Z | 2.97 |
ROIC/WACC1.22
WACC8.41%
2.3 Liquidity
- A Current Ratio of 1.46 indicates that ELO should not have too much problems paying its short term obligations.
- ELO's Current ratio of 1.46 is in line compared to the rest of the industry. ELO outperforms 53.85% of 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 69.23% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.46 | ||
| Quick Ratio | 0.86 |
3. Growth
3.1 Past
- The earnings per share for ELO have decreased strongly by -24.00% in the last year.
- ELO shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 43.61% yearly.
- Looking at the last year, ELO shows a small growth in Revenue. The Revenue has grown by 1.09% in the last year.
- 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)-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.
- 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
- 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
- The Price/Earnings ratio is 23.09, which indicates a rather expensive current valuation of ELO.
- The rest of the industry has a similar Price/Earnings ratio as ELO.
- When comparing the Price/Earnings ratio of ELO to the average of the S&P500 Index (28.30), we can say ELO is valued inline with the index average.
- Based on the Price/Forward Earnings ratio of 14.01, the valuation of ELO can be described as correct.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of ELO indicates a somewhat cheap valuation: ELO is cheaper than 69.23% 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 25.57.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.09 | ||
| Fwd PE | 14.01 |
4.2 Price Multiples
- ELO's Enterprise Value to EBITDA ratio is in line with the industry average.
- ELO's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.23 | ||
| EV/EBITDA | 8.99 |
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.
- The excellent profitability rating of ELO 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)23.09
PEG (5Y)0.53
EPS Next 2Y16.67%
EPS Next 3Y18.09%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 2.86%, ELO has a reasonable but not impressive dividend return.
- Compared to an average industry Dividend Yield of 2.85, ELO has a dividend in line with its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.82, ELO pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.86% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- ELO pays out 41.05% of its income as dividend. 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%.