ELMERA GROUP ASA (ELMRA.OL) Fundamental Analysis & Valuation

OSL:ELMRA • NO0010815673

Current stock price

34.6 NOK
-0.65 (-1.84%)
Last:

This ELMRA.OL fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

4

1. ELMRA.OL Profitability Analysis

1.1 Basic Checks

  • ELMRA had positive earnings in the past year.
  • ELMRA had a negative operating cash flow in the past year.
  • In the past 5 years ELMRA has always been profitable.
  • The reported operating cash flow has been mixed in the past 5 years: ELMRA reported negative operating cash flow in multiple years.
ELMRA.OL Yearly Net Income VS EBIT VS OCF VS FCFELMRA.OL Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 500M -500M 1B

1.2 Ratios

  • ELMRA has a better Return On Assets (3.61%) than 70.00% of its industry peers.
  • The Return On Equity of ELMRA (18.87%) is better than 70.00% of its industry peers.
  • ELMRA has a better Return On Invested Capital (8.88%) than 76.67% 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 6.09%.
  • The 3 year average ROIC (7.41%) for ELMRA is below the current ROIC(8.88%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 3.61%
ROE 18.87%
ROIC 8.88%
ROA(3y)3.49%
ROA(5y)2.7%
ROE(3y)16.58%
ROE(5y)14.03%
ROIC(3y)7.41%
ROIC(5y)7.29%
ELMRA.OL Yearly ROA, ROE, ROICELMRA.OL Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30 40

1.3 Margins

  • ELMRA's Profit Margin of 1.27% is on the low side compared to the rest of the industry. ELMRA is outperformed by 90.00% of its industry peers.
  • ELMRA's Profit Margin has declined in the last couple of years.
  • The Operating Margin of ELMRA (3.08%) is worse than 90.00% of its industry peers.
  • ELMRA's Operating Margin has declined in the last couple of years.
  • ELMRA has a worse Gross Margin (14.39%) than 93.33% of its industry peers.
  • In the last couple of years the Gross Margin of ELMRA has declined.
Industry RankSector Rank
OM 3.08%
PM (TTM) 1.27%
GM 14.39%
OM growth 3Y36.68%
OM growth 5Y-29.09%
PM growth 3Y66.82%
PM growth 5Y-32.58%
GM growth 3Y27.91%
GM growth 5Y-19.58%
ELMRA.OL Yearly Profit, Operating, Gross MarginsELMRA.OL Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30 40

4

2. ELMRA.OL Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so ELMRA is still creating some value.
  • ELMRA has about the same amout of shares outstanding than it did 1 year ago.
  • ELMRA has less shares outstanding than it did 5 years ago.
  • ELMRA has a worse debt/assets ratio than last year.
ELMRA.OL Yearly Shares OutstandingELMRA.OL Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20M 40M 60M 80M 100M
ELMRA.OL Yearly Total Debt VS Total AssetsELMRA.OL Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B

2.2 Solvency

  • An Altman-Z score of 3.64 indicates that ELMRA is not in any danger for bankruptcy at the moment.
  • The Altman-Z score of ELMRA (3.64) is better than 96.67% of its industry peers.
  • A Debt/Equity ratio of 2.44 is on the high side and indicates that ELMRA has dependencies on debt financing.
  • ELMRA's Debt to Equity ratio of 2.44 is on the low side compared to the rest of the industry. ELMRA is outperformed by 86.67% of its industry peers.
Industry RankSector Rank
Debt/Equity 2.44
Debt/FCF N/A
Altman-Z 3.64
ROIC/WACC1.14
WACC7.78%
ELMRA.OL Yearly LT Debt VS Equity VS FCFELMRA.OL Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 500M -500M 1B 1.5B

2.3 Liquidity

  • A Current Ratio of 1.03 indicates that ELMRA should not have too much problems paying its short term obligations.
  • The Current ratio of ELMRA (1.03) is better than 63.33% of its industry peers.
  • ELMRA has a Quick Ratio of 1.03. This is a normal value and indicates that ELMRA is financially healthy and should not expect problems in meeting its short term obligations.
  • With a decent Quick ratio value of 1.03, ELMRA is doing good in the industry, outperforming 63.33% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.03
Quick Ratio 1.03
ELMRA.OL Yearly Current Assets VS Current LiabilitesELMRA.OL Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B 10B

6

3. ELMRA.OL Growth Analysis

3.1 Past

  • The earnings per share for ELMRA have decreased strongly by -38.95% in the last year.
  • ELMRA shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -8.52% yearly.
  • The Revenue has grown by 65.49% in the past year. This is a very strong growth!
  • Measured over the past years, ELMRA shows a very strong growth in Revenue. The Revenue has been growing by 23.91% on average per year.
EPS 1Y (TTM)-38.95%
EPS 3Y2.64%
EPS 5Y-8.52%
EPS Q2Q%-60.34%
Revenue 1Y (TTM)65.49%
Revenue growth 3Y-21.99%
Revenue growth 5Y23.91%
Sales Q2Q%19.31%

3.2 Future

  • Based on estimates for the next years, ELMRA will show a very strong growth in Earnings Per Share. The EPS will grow by 20.97% on average per year.
  • ELMRA is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.75% yearly.
EPS Next Y25.63%
EPS Next 2Y17.3%
EPS Next 3Y13.95%
EPS Next 5Y20.97%
Revenue Next Year16.72%
Revenue Next 2Y6.28%
Revenue Next 3Y2.87%
Revenue Next 5Y2.75%

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 accelerating.
  • 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.
ELMRA.OL Yearly Revenue VS EstimatesELMRA.OL Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 5B 10B 15B 20B 25B
ELMRA.OL Yearly EPS VS EstimatesELMRA.OL Yearly EPS VS EstimatesYearly EPS VS Estimates 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 1 2 3 4 5

6

4. ELMRA.OL Valuation Analysis

4.1 Price/Earnings Ratio

  • ELMRA is valuated correctly with a Price/Earnings ratio of 14.48.
  • Compared to the rest of the industry, the Price/Earnings ratio of ELMRA indicates a rather cheap valuation: ELMRA is cheaper than 86.67% of the companies listed in the same industry.
  • Compared to an average S&P500 Price/Earnings ratio of 27.89, ELMRA is valued a bit cheaper.
  • With a Price/Forward Earnings ratio of 11.52, the valuation of ELMRA can be described as very reasonable.
  • Based on the Price/Forward Earnings ratio, ELMRA is valued cheaper than 90.00% of the companies in the same industry.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 38.50, ELMRA is valued rather cheaply.
Industry RankSector Rank
PE 14.48
Fwd PE 11.52
ELMRA.OL Price Earnings VS Forward Price EarningsELMRA.OL Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • ELMRA's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. ELMRA is cheaper than 100.00% of the companies in the same industry.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 4.22
ELMRA.OL Per share dataELMRA.OL EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 50 100 150

4.3 Compensation for Growth

  • The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • ELMRA's earnings are expected to grow with 13.95% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.56
PEG (5Y)N/A
EPS Next 2Y17.3%
EPS Next 3Y13.95%

7

5. ELMRA.OL Dividend Analysis

5.1 Amount

  • ELMRA has a Yearly Dividend Yield of 5.67%, which is a nice return.
  • ELMRA's Dividend Yield is rather good when compared to the industry average which is at 2.95. ELMRA pays more dividend than 100.00% of the companies in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.82, ELMRA pays a better dividend.
Industry RankSector Rank
Dividend Yield 5.67%

5.2 History

  • The dividend of ELMRA has a limited annual growth rate of 0.89%.
Dividend Growth(5Y)0.89%
Div Incr Years0
Div Non Decr Years0

5.3 Sustainability

  • 127.73% of the earnings are spent on dividend by ELMRA. This is not a sustainable payout ratio.
  • ELMRA's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP127.73%
EPS Next 2Y17.3%
EPS Next 3Y13.95%
ELMRA.OL Yearly Income VS Free CF VS DividendELMRA.OL Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 500M -500M
ELMRA.OL Dividend Payout.ELMRA.OL Dividend Payout, showing the Payout Ratio.ELMRA.OL Dividend Payout.PayoutRetained Earnings

ELMRA.OL Fundamentals: All Metrics, Ratios and Statistics

ELMERA GROUP ASA

OSL:ELMRA (4/17/2026, 7:00:00 PM)

34.6

-0.65 (-1.84%)

Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)02-12
Earnings (Next)05-13
Inst Owners56.72%
Inst Owner ChangeN/A
Ins Owners0.21%
Ins Owner ChangeN/A
Market Cap3.96B
Revenue(TTM)20.24B
Net Income(TTM)256.40M
Analysts40
Price Target34.68 (0.23%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 5.67%
Yearly Dividend3
Dividend Growth(5Y)0.89%
DP127.73%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-16.57%
Min EPS beat(2)-23%
Max EPS beat(2)-10.13%
EPS beat(4)0
Avg EPS beat(4)-18.65%
Min EPS beat(4)-24.18%
Max EPS beat(4)-10.13%
EPS beat(8)3
Avg EPS beat(8)217.12%
EPS beat(12)6
Avg EPS beat(12)157.64%
EPS beat(16)9
Avg EPS beat(16)125.54%
Revenue beat(2)1
Avg Revenue beat(2)6.85%
Min Revenue beat(2)-12%
Max Revenue beat(2)25.69%
Revenue beat(4)3
Avg Revenue beat(4)13.18%
Min Revenue beat(4)-12%
Max Revenue beat(4)30.62%
Revenue beat(8)4
Avg Revenue beat(8)1.44%
Revenue beat(12)6
Avg Revenue beat(12)3%
Revenue beat(16)9
Avg Revenue beat(16)15.87%
PT rev (1m)0.99%
PT rev (3m)-2.86%
EPS NQ rev (1m)0%
EPS NQ rev (3m)N/A
EPS NY rev (1m)-6.04%
EPS NY rev (3m)-11.26%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)9.13%
Valuation
Industry RankSector Rank
PE 14.48
Fwd PE 11.52
P/S 0.2
P/FCF N/A
P/OCF N/A
P/B 2.91
P/tB N/A
EV/EBITDA 4.22
EPS(TTM)2.39
EY6.91%
EPS(NY)3
Fwd EY8.68%
FCF(TTM)-6.62
FCFYN/A
OCF(TTM)-5.94
OCFYN/A
SpS176.98
BVpS11.88
TBVpS-3.5
PEG (NY)0.56
PEG (5Y)N/A
Graham Number25.2769 (-26.95%)
Profitability
Industry RankSector Rank
ROA 3.61%
ROE 18.87%
ROCE 22.2%
ROIC 8.88%
ROICexc 11.9%
ROICexgc 21.07%
OM 3.08%
PM (TTM) 1.27%
GM 14.39%
FCFM N/A
ROA(3y)3.49%
ROA(5y)2.7%
ROE(3y)16.58%
ROE(5y)14.03%
ROIC(3y)7.41%
ROIC(5y)7.29%
ROICexc(3y)8.41%
ROICexc(5y)8.1%
ROICexgc(3y)17.89%
ROICexgc(5y)19.16%
ROCE(3y)12.38%
ROCE(5y)11.33%
ROICexgc growth 3Y18.95%
ROICexgc growth 5Y-41.73%
ROICexc growth 3Y15.57%
ROICexc growth 5Y-19.52%
OM growth 3Y36.68%
OM growth 5Y-29.09%
PM growth 3Y66.82%
PM growth 5Y-32.58%
GM growth 3Y27.91%
GM growth 5Y-19.58%
F-Score3
Asset Turnover2.85
Health
Industry RankSector Rank
Debt/Equity 2.44
Debt/FCF N/A
Debt/EBITDA 4.22
Cap/Depr 47.18%
Cap/Sales 0.38%
Interest Coverage 3.47
Cash Conversion N/A
Profit Quality N/A
Current Ratio 1.03
Quick Ratio 1.03
Altman-Z 3.64
F-Score3
WACC7.78%
ROIC/WACC1.14
Cap/Depr(3y)37.51%
Cap/Depr(5y)33.56%
Cap/Sales(3y)0.49%
Cap/Sales(5y)0.44%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-38.95%
EPS 3Y2.64%
EPS 5Y-8.52%
EPS Q2Q%-60.34%
EPS Next Y25.63%
EPS Next 2Y17.3%
EPS Next 3Y13.95%
EPS Next 5Y20.97%
Revenue 1Y (TTM)65.49%
Revenue growth 3Y-21.99%
Revenue growth 5Y23.91%
Sales Q2Q%19.31%
Revenue Next Year16.72%
Revenue Next 2Y6.28%
Revenue Next 3Y2.87%
Revenue Next 5Y2.75%
EBIT growth 1Y46.29%
EBIT growth 3Y6.63%
EBIT growth 5Y-12.14%
EBIT Next Year73.26%
EBIT Next 3Y22.59%
EBIT Next 5Y24.48%
FCF growth 1Y-965.7%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-25940%
OCF growth 3YN/A
OCF growth 5YN/A

ELMERA GROUP ASA / ELMRA.OL Fundamental Analysis FAQ

What is the fundamental rating for ELMRA stock?

ChartMill assigns a fundamental rating of 5 / 10 to ELMRA.OL.


Can you provide the valuation status for ELMERA GROUP ASA?

ChartMill assigns a valuation rating of 6 / 10 to ELMERA GROUP ASA (ELMRA.OL). This can be considered as Fairly Valued.


Can you provide the profitability details for ELMERA GROUP ASA?

ELMERA GROUP ASA (ELMRA.OL) has a profitability rating of 4 / 10.


What is the valuation of ELMERA GROUP ASA based on its PE and PB ratios?

The Price/Earnings (PE) ratio for ELMERA GROUP ASA (ELMRA.OL) is 14.48 and the Price/Book (PB) ratio is 2.91.


Is the dividend of ELMERA GROUP ASA sustainable?

The dividend rating of ELMERA GROUP ASA (ELMRA.OL) is 7 / 10 and the dividend payout ratio is 127.73%.