ELOPAK ASA (ELO.OL) Stock Fundamental Analysis
Europe • Euronext Oslo • OSL:ELO • NO0011002586
50.1 NOK
-0.8 (-1.57%)
Last: Jan 30, 2026, 04:19 PM
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 has a great profitability rating, 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
- 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.
- Each year in the past 5 years ELO had a positive operating cash flow.
1.2 Ratios
- ELO has a Return On Assets of 5.00%. This is in the better half 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.
- ELO has a Return On Invested Capital of 10.23%. This is amongst the best in the industry. ELO outperforms 92.31% of its industry peers.
- The Average Return On Invested Capital over the past 3 years 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
- 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 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.
- Looking at the Gross Margin, with a value of 38.38%, ELO is in line with its industry, outperforming 46.15% of the companies in the same industry.
- ELO's Gross Margin has been stable in the last couple of years.
| 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.
- 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
- An Altman-Z score of 2.97 indicates that ELO is not a great score, but indicates only limited risk for bankruptcy at the moment.
- ELO's Altman-Z score of 2.97 is amongst the best of the industry. ELO outperforms 84.62% of its industry peers.
- The Debt to FCF ratio of ELO is 8.12, which is on the high side as it means it would take ELO, 8.12 years of fcf income to pay off all of its debts.
- The Debt to FCF ratio of ELO (8.12) is better than 76.92% of its industry peers.
- 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 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
- 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.
- ELO has a Current ratio (1.46) which is in line with 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.
- ELO's Quick ratio of 0.86 is fine compared to the rest 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%.
- The Earnings Per Share has been growing by 43.61% on average over the past years. This is a very strong growth
- ELO shows a small growth in Revenue. In the last year, the Revenue has grown by 1.09%.
- 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
- Based on estimates for the next years, ELO will show a quite strong growth in Earnings Per Share. The EPS will grow by 11.76% on average per year.
- Based on estimates for the next years, ELO will show a small growth in Revenue. The Revenue will grow by 5.31% on average per year.
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
- Based on the Price/Earnings ratio of 23.09, the valuation of ELO can be described as rather expensive.
- The rest of the industry has a similar Price/Earnings ratio as ELO.
- Compared to an average S&P500 Price/Earnings ratio of 28.39, ELO is valued at the same level.
- A Price/Forward Earnings ratio of 14.01 indicates a correct valuation of ELO.
- ELO's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. ELO is cheaper than 69.23% of the companies in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 25.72, ELO is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.09 | ||
| Fwd PE | 14.01 |
4.2 Price Multiples
- The rest of the industry has a similar Enterprise Value to EBITDA ratio as ELO.
- The rest of the industry has a similar Price/Free Cash Flow ratio as ELO.
| 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 an expensive valuation of the company.
- 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
- ELO has a Yearly Dividend Yield of 2.86%. Purely for dividend investing, there may be better candidates out there.
- Compared to an average industry Dividend Yield of 2.85, ELO has a dividend in line with its industry peers.
- ELO's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
| 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%.