ELMERA GROUP ASA (ELMRA.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:ELMRA - NO0010815673 - Common Stock
36.725 NOK
+0.43 (+1.17%)
Taking everything into account, ELMRA scores 4 out of 10 in our fundamental rating. ELMRA was compared to 29 industry peers in the Electric Utilities industry. ELMRA has only an average score on both its financial health and profitability. ELMRA is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
ELMRA had positive earnings in the past year.
ELMRA had a negative operating cash flow in the past year.
ELMRA had positive earnings in each of the past 5 years.
The reported operating cash flow has been mixed in the past 5 years: ELMRA reported negative operating cash flow in multiple years.
1.2 Ratios
With an excellent Return On Assets value of 5.77%, ELMRA belongs to the best of the industry, outperforming 86.21% of the companies in the same industry.
The Return On Equity of ELMRA (23.96%) is better than 82.76% of its industry peers.
ELMRA has a Return On Invested Capital of 7.86%. This is in the better half of the industry: ELMRA outperforms 75.86% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ELMRA is in line with the industry average of 6.11%.
The 3 year average ROIC (7.64%) for ELMRA is below the current ROIC(7.86%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.77% | ||
| ROE | 23.96% | ||
| ROIC | 7.86% |
ROA(3y)2.9%
ROA(5y)3.8%
ROE(3y)14.57%
ROE(5y)15.75%
ROIC(3y)7.64%
ROIC(5y)10.35%
1.3 Margins
The Profit Margin of ELMRA (2.65%) is worse than 86.21% of its industry peers.
In the last couple of years the Profit Margin of ELMRA has declined.
ELMRA's Operating Margin of 3.28% is on the low side compared to the rest of the industry. ELMRA is outperformed by 89.66% of its industry peers.
In the last couple of years the Operating Margin of ELMRA has declined.
ELMRA has a Gross Margin of 15.45%. This is amonst the worse of the industry: ELMRA underperforms 89.66% of its industry peers.
ELMRA's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.28% | ||
| PM (TTM) | 2.65% | ||
| GM | 15.45% |
OM growth 3Y7.92%
OM growth 5Y-12.47%
PM growth 3Y19.29%
PM growth 5Y-11.05%
GM growth 3Y8.43%
GM growth 5Y-2.66%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ELMRA is destroying value.
Compared to 1 year ago, ELMRA has more shares outstanding
ELMRA has more shares outstanding than it did 5 years ago.
ELMRA has a worse debt/assets ratio than last year.
2.2 Solvency
ELMRA has an Altman-Z score of 3.13. This indicates that ELMRA is financially healthy and has little risk of bankruptcy at the moment.
ELMRA has a Altman-Z score of 3.13. This is amongst the best in the industry. ELMRA outperforms 96.55% of its industry peers.
A Debt/Equity ratio of 1.40 is on the high side and indicates that ELMRA has dependencies on debt financing.
The Debt to Equity ratio of ELMRA (1.40) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.4 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 3.13 |
ROIC/WACC0.81
WACC9.72%
2.3 Liquidity
A Current Ratio of 1.04 indicates that ELMRA should not have too much problems paying its short term obligations.
ELMRA's Current ratio of 1.04 is fine compared to the rest of the industry. ELMRA outperforms 72.41% of its industry peers.
A Quick Ratio of 1.03 indicates that ELMRA should not have too much problems paying its short term obligations.
The Quick ratio of ELMRA (1.03) is better than 82.76% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.04 | ||
| Quick Ratio | 1.03 |
3. Growth
3.1 Past
ELMRA shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 33.13%, which is quite impressive.
ELMRA shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -1.54% yearly.
ELMRA shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -35.36%.
Measured over the past years, ELMRA shows a quite strong growth in Revenue. The Revenue has been growing by 11.42% on average per year.
EPS 1Y (TTM)33.13%
EPS 3Y5.23%
EPS 5Y-1.54%
EPS Q2Q%23.66%
Revenue 1Y (TTM)-35.36%
Revenue growth 3Y-6.74%
Revenue growth 5Y11.42%
Sales Q2Q%38.56%
3.2 Future
Based on estimates for the next years, ELMRA will show a decrease in Earnings Per Share. The EPS will decrease by -2.57% on average per year.
Based on estimates for the next years, ELMRA will show a small growth in Revenue. The Revenue will grow by 7.36% on average per year.
EPS Next Y-30.54%
EPS Next 2Y-5.7%
EPS Next 3Y-2.57%
EPS Next 5YN/A
Revenue Next Year10.51%
Revenue Next 2Y10%
Revenue Next 3Y7.36%
Revenue Next 5YN/A
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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 10.06 indicates a reasonable valuation of ELMRA.
Based on the Price/Earnings ratio, ELMRA is valued cheaply inside the industry as 96.55% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 26.46, ELMRA is valued rather cheaply.
A Price/Forward Earnings ratio of 10.55 indicates a reasonable valuation of ELMRA.
ELMRA's Price/Forward Earnings ratio is rather cheap when compared to the industry. ELMRA is cheaper than 96.55% of the companies in the same industry.
ELMRA's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 36.10.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.06 | ||
| Fwd PE | 10.55 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ELMRA is valued a bit cheaper than 72.41% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 8.4 |
4.3 Compensation for Growth
A cheap valuation may be justified as ELMRA's earnings are expected to decrease with -2.57% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-5.7%
EPS Next 3Y-2.57%
5. Dividend
5.1 Amount
ELMRA has a Yearly Dividend Yield of 8.26%, which is a nice return.
Compared to an average industry Dividend Yield of 3.59, ELMRA pays a better dividend. On top of this ELMRA pays more dividend than 100.00% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.32, ELMRA pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.26% |
5.2 History
The dividend of ELMRA has a limited annual growth rate of 0.91%.
Dividend Growth(5Y)0.91%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
ELMRA pays out 111.26% of its income as dividend. This is not a sustainable payout ratio.
ELMRA's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP111.26%
EPS Next 2Y-5.7%
EPS Next 3Y-2.57%
OSL:ELMRA (12/5/2025, 4:19:52 PM)
36.725
+0.43 (+1.17%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)
Earnings (Next)
Inst Owners50.81%
Inst Owner ChangeN/A
Ins Owners0.34%
Ins Owner ChangeN/A
Market Cap4.20B
Revenue(TTM)12.23B
Net Income(TTM)294.38M
Analysts42
Price Target35.7 (-2.79%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.26% |
Yearly Dividend2.3
Dividend Growth(5Y)0.91%
DP111.26%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-20.74%
Min EPS beat(2)-24.18%
Max EPS beat(2)-17.3%
EPS beat(4)2
Avg EPS beat(4)439.01%
Min EPS beat(4)-24.18%
Max EPS beat(4)1705.83%
EPS beat(8)4
Avg EPS beat(8)228.84%
EPS beat(12)8
Avg EPS beat(12)166.72%
EPS beat(16)10
Avg EPS beat(16)127.37%
Revenue beat(2)2
Avg Revenue beat(2)19.51%
Min Revenue beat(2)8.4%
Max Revenue beat(2)30.62%
Revenue beat(4)3
Avg Revenue beat(4)4.67%
Min Revenue beat(4)-34.12%
Max Revenue beat(4)30.62%
Revenue beat(8)5
Avg Revenue beat(8)2.96%
Revenue beat(12)7
Avg Revenue beat(12)5.85%
Revenue beat(16)9
Avg Revenue beat(16)14.79%
PT rev (1m)-2.78%
PT rev (3m)-4.55%
EPS NQ rev (1m)-9.37%
EPS NQ rev (3m)-10.77%
EPS NY rev (1m)2.72%
EPS NY rev (3m)-3.06%
Revenue NQ rev (1m)-1.61%
Revenue NQ rev (3m)68.32%
Revenue NY rev (1m)0.51%
Revenue NY rev (3m)11.32%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.06 | ||
| Fwd PE | 10.55 | ||
| P/S | 0.38 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 3.42 | ||
| P/tB | N/A | ||
| EV/EBITDA | 8.4 |
EPS(TTM)3.65
EY9.94%
EPS(NY)3.48
Fwd EY9.48%
FCF(TTM)-1
FCFYN/A
OCF(TTM)-0.35
OCFYN/A
SpS97.02
BVpS10.74
TBVpS-4.92
PEG (NY)N/A
PEG (5Y)N/A
Graham Number29.7
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.77% | ||
| ROE | 23.96% | ||
| ROCE | 12.71% | ||
| ROIC | 7.86% | ||
| ROICexc | 8.91% | ||
| ROICexgc | 19.06% | ||
| OM | 3.28% | ||
| PM (TTM) | 2.65% | ||
| GM | 15.45% | ||
| FCFM | N/A |
ROA(3y)2.9%
ROA(5y)3.8%
ROE(3y)14.57%
ROE(5y)15.75%
ROIC(3y)7.64%
ROIC(5y)10.35%
ROICexc(3y)8.08%
ROICexc(5y)11.68%
ROICexgc(3y)17.27%
ROICexgc(5y)58.43%
ROCE(3y)10.24%
ROCE(5y)13.19%
ROICexgc growth 3Y-13.73%
ROICexgc growth 5Y-36.81%
ROICexc growth 3Y-1.95%
ROICexc growth 5Y-32.74%
OM growth 3Y7.92%
OM growth 5Y-12.47%
PM growth 3Y19.29%
PM growth 5Y-11.05%
GM growth 3Y8.43%
GM growth 5Y-2.66%
F-Score4
Asset Turnover2.18
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.4 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 3.22 | ||
| Cap/Depr | 43.72% | ||
| Cap/Sales | 0.67% | ||
| Interest Coverage | 2.14 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.04 | ||
| Quick Ratio | 1.03 | ||
| Altman-Z | 3.13 |
F-Score4
WACC9.72%
ROIC/WACC0.81
Cap/Depr(3y)29.02%
Cap/Depr(5y)31.32%
Cap/Sales(3y)0.34%
Cap/Sales(5y)0.63%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)33.13%
EPS 3Y5.23%
EPS 5Y-1.54%
EPS Q2Q%23.66%
EPS Next Y-30.54%
EPS Next 2Y-5.7%
EPS Next 3Y-2.57%
EPS Next 5YN/A
Revenue 1Y (TTM)-35.36%
Revenue growth 3Y-6.74%
Revenue growth 5Y11.42%
Sales Q2Q%38.56%
Revenue Next Year10.51%
Revenue Next 2Y10%
Revenue Next 3Y7.36%
Revenue Next 5YN/A
EBIT growth 1Y-16.72%
EBIT growth 3Y0.65%
EBIT growth 5Y-2.48%
EBIT Next Year42.82%
EBIT Next 3Y17.17%
EBIT Next 5YN/A
FCF growth 1Y-161.31%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-116.8%
OCF growth 3YN/A
OCF growth 5YN/A
ELMERA GROUP ASA / ELMRA.OL FAQ
What is the fundamental rating for ELMRA stock?
ChartMill assigns a fundamental rating of 4 / 10 to ELMRA.OL.
What is the valuation status of ELMERA GROUP ASA (ELMRA.OL) stock?
ChartMill assigns a valuation rating of 5 / 10 to ELMERA GROUP ASA (ELMRA.OL). This can be considered as Fairly Valued.
How profitable is ELMERA GROUP ASA (ELMRA.OL) stock?
ELMERA GROUP ASA (ELMRA.OL) has a profitability rating of 4 / 10.
What is the expected EPS growth for ELMERA GROUP ASA (ELMRA.OL) stock?
The Earnings per Share (EPS) of ELMERA GROUP ASA (ELMRA.OL) is expected to decline by -30.54% in the next year.
Can you provide the dividend sustainability for ELMRA stock?
The dividend rating of ELMERA GROUP ASA (ELMRA.OL) is 6 / 10 and the dividend payout ratio is 111.26%.