ELOPAK ASA (ELO.OL) Stock Fundamental Analysis
OSL:ELO - Euronext Oslo - NO0011002586 - Common Stock - Currency: NOK
Overall ELO gets a fundamental rating of 4 out of 10. We evaluated ELO against 13 industry peers in the Containers & Packaging industry. ELO scores excellent on profitability, but 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
ELO had positive earnings in the past year.
ELO had a positive operating cash flow in the past year.
Each year in the past 5 years ELO has been profitable.
In the past 5 years ELO always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of ELO (5.17%) is better than 69.23% of its industry peers.
With an excellent Return On Equity value of 15.98%, ELO belongs to the best of the industry, outperforming 84.62% of the companies in the same industry.
With a decent Return On Invested Capital value of 9.50%, ELO is doing good in the industry, outperforming 76.92% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for ELO is above the industry average of 6.64%.
The last Return On Invested Capital (9.50%) for ELO is above the 3 year average (9.29%), which is a sign of increasing profitability.
| 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 (4.79%) which 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 8.53%, ELO is in line with its industry, outperforming 53.85% of the companies in the same industry.
In the last couple of years the Operating Margin of ELO has grown nicely.
Looking at the Gross Margin, with a value of 37.46%, 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 | 8.53% | ||
| 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.
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 2.83 indicates that ELO is not a great score, but indicates only limited risk for bankruptcy at the moment.
With a decent Altman-Z score value of 2.83, ELO is doing good in the industry, outperforming 69.23% 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.
With a Debt to Equity ratio value of 1.17, ELO is not doing good in the industry: 69.23% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.17 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.83 |
ROIC/WACC1.13
WACC8.44%
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.
The Current ratio of ELO (1.43) is comparable to the rest of the industry.
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 of 0.82. This is comparable to the rest of the industry: ELO outperforms 46.15% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.43 | ||
| Quick Ratio | 0.82 |
3. Growth
3.1 Past
The earnings per share for ELO have decreased strongly by -22.22% in the last year.
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.
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)-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.
Based on estimates for the next years, ELO will show a small growth in Revenue. The Revenue will grow by 4.05% on average per year.
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
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
A Price/Earnings ratio of 20.48 indicates a rather expensive valuation of ELO.
The rest of the industry has a similar Price/Earnings ratio as ELO.
The average S&P500 Price/Earnings ratio is at 28.05. ELO is valued slightly cheaper when compared to this.
A Price/Forward Earnings ratio of 13.74 indicates a correct valuation of ELO.
ELO's Price/Forward Earnings is on the same level as the industry average.
When comparing the Price/Forward Earnings ratio of ELO to the average of the S&P500 Index (37.67), we can say ELO is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.48 | ||
| Fwd PE | 13.74 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ELO is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 9.38 |
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.
ELO's earnings are expected to grow with 18.09% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.54
PEG (5Y)0.47
EPS Next 2Y16.67%
EPS Next 3Y18.09%
5. Dividend
5.1 Amount
ELO has a Yearly Dividend Yield of 2.96%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 4.19, ELO is paying slightly less dividend.
Compared to an average S&P500 Dividend Yield of 2.32, ELO pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.96% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
ELO pays out 61.12% of its income as dividend. This is not a sustainable payout ratio.
DP61.12%
EPS Next 2Y16.67%
EPS Next 3Y18.09%
OSL:ELO (7/28/2025, 4:19:23 PM)
51.2
-0.3 (-0.58%)
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 Cap13.78B
Analysts76
Price Target50.88 (-0.63%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.96% |
Yearly Dividend1.52
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)0.24%
PT rev (3m)5.63%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-7.69%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)1.32%
Revenue NQ rev (3m)2.07%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.4%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.48 | ||
| Fwd PE | 13.74 | ||
| P/S | 0.99 | ||
| P/FCF | N/A | ||
| P/OCF | 10.45 | ||
| P/B | 3.29 | ||
| P/tB | 6 | ||
| EV/EBITDA | 9.38 |
EPS(TTM)2.5
EY4.88%
EPS(NY)3.73
Fwd EY7.28%
FCF(TTM)-0.56
FCFYN/A
OCF(TTM)4.9
OCFY9.57%
SpS51.93
BVpS15.58
TBVpS8.53
PEG (NY)1.54
PEG (5Y)0.47
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 | 2.83 |
F-Score6
WACC8.44%
ROIC/WACC1.13
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%