ELOPAK ASA (ELO.OL) Stock Fundamental Analysis
OSL:ELO - Euronext Oslo - NO0011002586 - Common Stock - Currency: NOK
We assign a fundamental rating of 5 out of 10 to ELO. ELO was compared to 14 industry peers in the Containers & Packaging industry. While ELO belongs to the best of the industry regarding profitability, there are concerns on its financial health. ELO has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
ELO had positive earnings in the past year.
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 better Return On Assets (5.17%) than 71.43% of its industry peers.
ELO has a better Return On Equity (15.98%) than 85.71% of its industry peers.
ELO's Return On Invested Capital of 9.50% is fine compared to the rest of the industry. ELO outperforms 78.57% of its industry peers.
ELO had an Average Return On Invested Capital over the past 3 years of 9.29%. This is above the industry average of 6.59%.
The 3 year average ROIC (9.29%) for ELO is below the current ROIC(9.50%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.17% | ||
| ROE | 15.98% | ||
| ROIC | 9.5% |
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 of 4.79%. This is comparable 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's Operating Margin of 8.53% is in line compared to the rest of the industry. ELO outperforms 57.14% of its industry peers.
ELO's Operating Margin has improved in the last couple of years.
ELO has a Gross Margin of 37.46%. This is comparable to the rest of the industry: ELO outperforms 50.00% 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 | 8.53% | ||
| PM (TTM) | 4.79% | ||
| GM | 37.46% |
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.
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.
ELO has a worse debt/assets ratio than last year.
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.
With a decent Altman-Z score value of 2.75, ELO is doing good in the industry, outperforming 71.43% 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's Debt to Equity ratio of 1.17 is on the low side compared to the rest of the industry. ELO is outperformed by 71.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.17 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.75 |
ROIC/WACC1.12
WACC8.48%
2.3 Liquidity
ELO has a Current Ratio of 1.43. 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 (1.43) which is in line with its industry peers.
ELO has a Quick Ratio of 1.43. This is a bad value and indicates that ELO is not financially healthy enough and could expect problems in meeting its short term obligations.
ELO has a Quick ratio (0.82) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.43 | ||
| Quick Ratio | 0.82 |
3. Growth
3.1 Past
ELO shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -22.22%.
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.
Looking at the last year, ELO shows a small growth in Revenue. The Revenue has grown by 3.00% in the last year.
The Revenue has been growing slightly by 4.99% on average over the past years.
EPS 1Y (TTM)-22.22%
EPS 3Y24.53%
EPS 5Y43.61%
EPS Q2Q%-25%
Revenue 1Y (TTM)3%
Revenue growth 3Y10.58%
Revenue growth 5Y4.99%
Sales Q2Q%6.27%
3.2 Future
The Earnings Per Share is expected to grow by 10.03% 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 4.05% yearly.
EPS Next Y13.3%
EPS Next 2Y16.67%
EPS Next 3Y18.09%
EPS Next 5Y10.03%
Revenue Next Year6.32%
Revenue Next 2Y7.45%
Revenue Next 3Y6.99%
Revenue Next 5Y4.05%
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
ELO is valuated rather expensively with a Price/Earnings ratio of 19.21.
The rest of the industry has a similar Price/Earnings ratio as ELO.
The average S&P500 Price/Earnings ratio is at 27.21. ELO is valued slightly cheaper when compared to this.
The Price/Forward Earnings ratio is 12.91, which indicates a correct valuation of ELO.
64.29% of the companies in the same industry are more expensive than ELO, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 21.70. ELO is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.21 | ||
| Fwd PE | 12.91 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as ELO.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 8.78 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of ELO 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)1.44
PEG (5Y)0.44
EPS Next 2Y16.67%
EPS Next 3Y18.09%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.31%, ELO has a reasonable but not impressive dividend return.
ELO's Dividend Yield is comparable with the industry average which is at 4.31.
ELO's Dividend Yield is a higher than the S&P500 average which is at 2.42.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.31% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
61.12% of the earnings are spent on dividend by ELO. This is not a sustainable payout ratio.
DP61.12%
EPS Next 2Y16.67%
EPS Next 3Y18.09%
OSL:ELO (7/1/2025, 4:19:58 PM)
47.825
+0.98 (+2.08%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryContainers & Packaging
Earnings (Last)
Earnings (Next)
Inst Owners78.81%
Inst Owner ChangeN/A
Ins Owners0.64%
Ins Owner ChangeN/A
Market Cap12.88B
Analysts78
Price Target50.76 (6.14%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.31% |
Yearly Dividend1.51
Dividend Growth(5Y)N/A
DP61.12%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-29.55%
Min EPS beat(2)-50.49%
Max EPS beat(2)-8.61%
EPS beat(4)0
Avg EPS beat(4)-23.31%
Min EPS beat(4)-50.49%
Max EPS beat(4)-8.61%
EPS beat(8)3
Avg EPS beat(8)-5.96%
EPS beat(12)5
Avg EPS beat(12)-5.91%
EPS beat(16)8
Avg EPS beat(16)-4.62%
Revenue beat(2)1
Avg Revenue beat(2)-0.26%
Min Revenue beat(2)-1.81%
Max Revenue beat(2)1.29%
Revenue beat(4)1
Avg Revenue beat(4)-1.26%
Min Revenue beat(4)-3.54%
Max Revenue beat(4)1.29%
Revenue beat(8)2
Avg Revenue beat(8)-1.68%
Revenue beat(12)5
Avg Revenue beat(12)-0.05%
Revenue beat(16)6
Avg Revenue beat(16)-0.59%
PT rev (1m)5.83%
PT rev (3m)2.73%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-14.29%
EPS NY rev (1m)0%
EPS NY rev (3m)-3.25%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.23%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.16%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.21 | ||
| Fwd PE | 12.91 | ||
| P/S | 0.93 | ||
| P/FCF | N/A | ||
| P/OCF | 9.82 | ||
| P/B | 3.09 | ||
| P/tB | 5.64 | ||
| EV/EBITDA | 8.78 |
EPS(TTM)2.49
EY5.21%
EPS(NY)3.71
Fwd EY7.75%
FCF(TTM)-0.56
FCFYN/A
OCF(TTM)4.87
OCFY10.19%
SpS51.65
BVpS15.5
TBVpS8.48
PEG (NY)1.44
PEG (5Y)0.44
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.17% | ||
| ROE | 15.98% | ||
| ROCE | 13.34% | ||
| ROIC | 9.5% | ||
| ROICexc | 9.89% | ||
| ROICexgc | 12.49% | ||
| OM | 8.53% | ||
| PM (TTM) | 4.79% | ||
| GM | 37.46% | ||
| FCFM | N/A |
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 Turnover1.08
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.17 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 2.47 | ||
| Cap/Depr | 184.86% | ||
| Cap/Sales | 10.52% | ||
| Interest Coverage | 5.85 | ||
| Cash Conversion | 66.33% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.43 | ||
| Quick Ratio | 0.82 | ||
| Altman-Z | 2.75 |
F-Score6
WACC8.48%
ROIC/WACC1.12
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)-22.22%
EPS 3Y24.53%
EPS 5Y43.61%
EPS Q2Q%-25%
EPS Next Y13.3%
EPS Next 2Y16.67%
EPS Next 3Y18.09%
EPS Next 5Y10.03%
Revenue 1Y (TTM)3%
Revenue growth 3Y10.58%
Revenue growth 5Y4.99%
Sales Q2Q%6.27%
Revenue Next Year6.32%
Revenue Next 2Y7.45%
Revenue Next 3Y6.99%
Revenue Next 5Y4.05%
EBIT growth 1Y-6.53%
EBIT growth 3Y26.46%
EBIT growth 5Y23.16%
EBIT Next Year64.41%
EBIT Next 3Y26.44%
EBIT Next 5Y15.14%
FCF growth 1Y-136.87%
FCF growth 3Y-4.86%
FCF growth 5Y-8.94%
OCF growth 1Y43.55%
OCF growth 3Y24.11%
OCF growth 5Y6.56%