ELOPAK ASA (ELO.OL) Stock Fundamental Analysis
OSL:ELO - Euronext Oslo - NO0011002586 - Common Stock - Currency: NOK
ELO gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 13 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 is not valued too expensively and it also shows a decent 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.
Each year in the past 5 years ELO has been profitable.
ELO had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 5.77%, ELO is in the better half of the industry, outperforming 69.23% of the companies in the same industry.
Looking at the Return On Equity, with a value of 17.81%, ELO belongs to the top of the industry, outperforming 84.62% of the companies in the same industry.
ELO has a Return On Invested Capital of 10.12%. This is in the better half of the industry: ELO outperforms 76.92% 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 8.00%.
The 3 year average ROIC (9.29%) for ELO is below the current ROIC(10.12%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.77% | ||
| ROE | 17.81% | ||
| ROIC | 10.12% |
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
The Profit Margin of ELO (5.27%) is comparable to the rest of the industry.
ELO's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 8.82%, ELO is in the better half of the industry, outperforming 61.54% of the companies in the same industry.
ELO's Operating Margin has improved in the last couple of years.
The Gross Margin of ELO (37.77%) 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 | 8.82% | ||
| PM (TTM) | 5.27% | ||
| GM | 37.77% |
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.
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.
2.2 Solvency
An Altman-Z score of 2.68 indicates that ELO is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of ELO (2.68) is better than 76.92% of its industry peers.
ELO has a debt to FCF ratio of 14.15. This is a negative value and a sign of low solvency as ELO would need 14.15 years to pay back of all of its debts.
ELO has a Debt to FCF ratio of 14.15. This is comparable to the rest of the industry: ELO outperforms 46.15% of its industry peers.
A Debt/Equity ratio of 1.12 is on the high side and indicates that ELO has dependencies on debt financing.
ELO has a worse Debt to Equity ratio (1.12) than 76.92% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.12 | ||
| Debt/FCF | 14.15 | ||
| Altman-Z | 2.68 |
ROIC/WACC1.44
WACC7.01%
2.3 Liquidity
A Current Ratio of 1.39 indicates that ELO should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.39, ELO is doing worse than 61.54% of the companies in the same industry.
ELO has a Quick Ratio of 1.39. This is a bad value and indicates that ELO is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.80, ELO perfoms like the industry average, outperforming 53.85% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.39 | ||
| Quick Ratio | 0.8 |
3. Growth
3.1 Past
The earnings per share for ELO have decreased by -8.00% 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 2.15% in the last year.
ELO shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.99% yearly.
EPS 1Y (TTM)-8%
EPS 3Y24.53%
EPS 5Y43.61%
EPS Q2Q%-40%
Revenue 1Y (TTM)2.15%
Revenue growth 3Y10.58%
Revenue growth 5Y4.99%
Sales Q2Q%-1.31%
3.2 Future
The Earnings Per Share is expected to grow by 9.68% on average over the next years. This is quite good.
Based on estimates for the next years, ELO will show a small growth in Revenue. The Revenue will grow by 4.14% on average per year.
EPS Next Y13.3%
EPS Next 2Y16.67%
EPS Next 3Y18.09%
EPS Next 5Y9.68%
Revenue Next Year5.89%
Revenue Next 2Y7.05%
Revenue Next 3Y6.74%
Revenue Next 5Y4.14%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
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
A Price/Earnings ratio of 15.42 indicates a correct valuation of ELO.
ELO's Price/Earnings ratio is in line with the industry average.
The average S&P500 Price/Earnings ratio is at 28.98. ELO is valued slightly cheaper when compared to this.
ELO is valuated correctly with a Price/Forward Earnings ratio of 13.62.
The rest of the industry has a similar Price/Forward Earnings ratio as ELO.
When comparing the Price/Forward Earnings ratio of ELO to the average of the S&P500 Index (21.38), we can say ELO is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.42 | ||
| Fwd PE | 13.62 |
4.2 Price Multiples
ELO's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. ELO is cheaper than 61.54% of the companies in the same industry.
The rest of the industry has a similar Price/Free Cash Flow ratio as ELO.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 30.98 | ||
| EV/EBITDA | 7.76 |
4.3 Compensation for Growth
ELO's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct 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 18.09% in the coming years.
PEG (NY)1.16
PEG (5Y)0.35
EPS Next 2Y16.67%
EPS Next 3Y18.09%
5. Dividend
5.1 Amount
ELO has a Yearly Dividend Yield of 3.91%. Purely for dividend investing, there may be better candidates out there.
ELO's Dividend Yield is a higher than the industry average which is at 4.35.
ELO's Dividend Yield is rather good when compared to the S&P500 average which is at 2.46.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.91% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
ELO pays out 56.52% of its income as dividend. This is a bit on the high side, but may be sustainable.
DP56.52%
EPS Next 2Y16.67%
EPS Next 3Y18.09%
OSL:ELO (4/29/2025, 7:00:00 PM)
42.1
+0.6 (+1.45%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryContainers & Packaging
Earnings (Last)
Earnings (Next)
Inst Owners77.73%
Inst Owner ChangeN/A
Ins Owners0.55%
Ins Owner ChangeN/A
Market Cap11.33B
Analysts78
Price Target48.16 (14.39%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.91% |
Yearly Dividend1.52
Dividend Growth(5Y)N/A
DP56.52%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-34.74%
Min EPS beat(2)-50.49%
Max EPS beat(2)-18.99%
EPS beat(4)1
Avg EPS beat(4)-13.15%
Min EPS beat(4)-50.49%
Max EPS beat(4)32.01%
EPS beat(8)4
Avg EPS beat(8)-0.88%
EPS beat(12)6
Avg EPS beat(12)-3.62%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-1.39%
Min Revenue beat(2)-1.81%
Max Revenue beat(2)-0.97%
Revenue beat(4)0
Avg Revenue beat(4)-2.09%
Min Revenue beat(4)-3.54%
Max Revenue beat(4)-0.97%
Revenue beat(8)2
Avg Revenue beat(8)-1.14%
Revenue beat(12)4
Avg Revenue beat(12)-0.46%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-2.52%
PT rev (3m)-5.18%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-9.53%
EPS NY rev (1m)-3.25%
EPS NY rev (3m)-10.42%
Revenue NQ rev (1m)0.22%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.56%
Revenue NY rev (3m)-1.67%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.42 | ||
| Fwd PE | 13.62 | ||
| P/S | 0.83 | ||
| P/FCF | 30.98 | ||
| P/OCF | 6.83 | ||
| P/B | 2.79 | ||
| P/tB | 5.26 | ||
| EV/EBITDA | 7.76 |
EPS(TTM)2.73
EY6.48%
EPS(NY)3.09
Fwd EY7.34%
FCF(TTM)1.36
FCFY3.23%
OCF(TTM)6.17
OCFY14.65%
SpS50.96
BVpS15.07
TBVpS8
PEG (NY)1.16
PEG (5Y)0.35
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.77% | ||
| ROE | 17.81% | ||
| ROCE | 14.14% | ||
| ROIC | 10.12% | ||
| ROICexc | 10.51% | ||
| ROICexgc | 13.45% | ||
| OM | 8.82% | ||
| PM (TTM) | 5.27% | ||
| GM | 37.77% | ||
| FCFM | 2.67% |
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 Turnover1.1
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.12 | ||
| Debt/FCF | 14.15 | ||
| Debt/EBITDA | 2.27 | ||
| Cap/Depr | 162.97% | ||
| Cap/Sales | 9.43% | ||
| Interest Coverage | 6.67 | ||
| Cash Conversion | 82.82% | ||
| Profit Quality | 50.64% | ||
| Current Ratio | 1.39 | ||
| Quick Ratio | 0.8 | ||
| Altman-Z | 2.68 |
F-Score6
WACC7.01%
ROIC/WACC1.44
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)-8%
EPS 3Y24.53%
EPS 5Y43.61%
EPS Q2Q%-40%
EPS Next Y13.3%
EPS Next 2Y16.67%
EPS Next 3Y18.09%
EPS Next 5Y9.68%
Revenue 1Y (TTM)2.15%
Revenue growth 3Y10.58%
Revenue growth 5Y4.99%
Sales Q2Q%-1.31%
Revenue Next Year5.89%
Revenue Next 2Y7.05%
Revenue Next 3Y6.74%
Revenue Next 5Y4.14%
EBIT growth 1Y-1.87%
EBIT growth 3Y26.46%
EBIT growth 5Y23.16%
EBIT Next Year65.7%
EBIT Next 3Y26.07%
EBIT Next 5Y14.88%
FCF growth 1Y-73.01%
FCF growth 3Y-4.86%
FCF growth 5Y-8.94%
OCF growth 1Y-9.75%
OCF growth 3Y24.11%
OCF growth 5Y6.56%