ELOPAK ASA (ELO.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:ELO - NO0011002586 - Common Stock
50.85 NOK
+0.85 (+1.7%)
We assign a fundamental rating of 4 out of 10 to ELO. ELO was compared to 11 industry peers in the Containers & Packaging industry. ELO scores excellent on profitability, but there are concerns on its financial health. ELO is quite expensive at the moment. It does show 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
ELO has a better Return On Assets (5.00%) than 63.64% of its industry peers.
ELO has a better Return On Equity (15.38%) than 90.91% of its industry peers.
The Return On Invested Capital of ELO (10.23%) is better than 90.91% of its industry peers.
ELO had an Average Return On Invested Capital over the past 3 years of 9.29%. This is above the industry average of 7.17%.
The 3 year average ROIC (9.29%) for ELO is below the current ROIC(10.23%), indicating increased profibility in the last year.
| 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
The Profit Margin of ELO (4.49%) is worse than 63.64% of its industry peers.
In the last couple of years the Profit Margin of ELO has grown nicely.
The Operating Margin of ELO (8.96%) is comparable to the rest of the industry.
ELO's Operating Margin has improved in the last couple of years.
ELO has a Gross Margin (38.38%) which 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 | 8.96% | ||
| 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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so ELO is still creating some value.
The number of shares outstanding for ELO remains at a similar level compared to 1 year ago.
Compared to 5 years ago, ELO has about the same amount of shares outstanding.
The debt/assets ratio for ELO is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.91 indicates that ELO is not a great score, but indicates only limited risk for bankruptcy at the moment.
ELO has a Altman-Z score of 2.91. This is in the better half of the industry: ELO outperforms 72.73% 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.
With a decent Debt to FCF ratio value of 8.12, ELO is doing good in the industry, outperforming 72.73% 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.
Looking at the Debt to Equity ratio, with a value of 1.17, ELO is doing worse than 72.73% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.17 | ||
| Debt/FCF | 8.12 | ||
| Altman-Z | 2.91 |
ROIC/WACC1.22
WACC8.41%
2.3 Liquidity
A Current Ratio of 1.46 indicates that ELO should not have too much problems paying its short term obligations.
ELO's Current ratio of 1.46 is in line compared to the rest of the industry. ELO outperforms 45.45% of its industry peers.
A Quick Ratio of 0.86 indicates that ELO may have some problems paying its short term obligations.
With a Quick ratio value of 0.86, ELO perfoms like the industry average, outperforming 54.55% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.46 | ||
| Quick Ratio | 0.86 |
3. Growth
3.1 Past
The earnings per share for ELO have decreased strongly by -24.00% 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 1.09% 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)-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 12.09% on average per year.
The Revenue is expected to grow by 5.62% on average over the next years.
EPS Next Y-0.1%
EPS Next 2Y17.61%
EPS Next 3Y18.87%
EPS Next 5Y12.09%
Revenue Next Year2.73%
Revenue Next 2Y5.81%
Revenue Next 3Y6.66%
Revenue Next 5Y5.62%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
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
With a Price/Earnings ratio of 22.40, ELO is valued on the expensive side.
Based on the Price/Earnings ratio, ELO is valued a bit more expensive than the industry average as 63.64% of the companies are valued more cheaply.
The average S&P500 Price/Earnings ratio is at 26.26. ELO is around the same levels.
Based on the Price/Forward Earnings ratio of 13.37, the valuation of ELO can be described as correct.
Based on the Price/Forward Earnings ratio, ELO is valued a bit cheaper than 72.73% of the companies in the same industry.
ELO's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 23.68.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.4 | ||
| Fwd PE | 13.37 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as ELO.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ELO is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.59 | ||
| EV/EBITDA | 8.57 |
4.3 Compensation for Growth
The decent profitability rating of ELO may justify a higher PE ratio.
A more expensive valuation may be justified as ELO's earnings are expected to grow with 18.87% in the coming years.
PEG (NY)N/A
PEG (5Y)0.51
EPS Next 2Y17.61%
EPS Next 3Y18.87%
5. Dividend
5.1 Amount
ELO has a Yearly Dividend Yield of 3.17%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 2.82, 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 1.87.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.17% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
41.05% of the earnings are spent on dividend by ELO. This is a bit on the high side, but may be sustainable.
DP41.05%
EPS Next 2Y17.61%
EPS Next 3Y18.87%
OSL:ELO (12/19/2025, 4:18:23 PM)
50.85
+0.85 (+1.7%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryContainers & Packaging
Earnings (Last)
Earnings (Next)
Inst Owners83.56%
Inst Owner ChangeN/A
Ins Owners0.64%
Ins Owner ChangeN/A
Market Cap13.69B
Revenue(TTM)1.17B
Net Income(TTM)52.71M
Analysts75.56
Price Target54.67 (7.51%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.17% |
Yearly Dividend1.52
Dividend Growth(5Y)N/A
DP41.05%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-25.74%
Min EPS beat(2)-50.49%
Max EPS beat(2)-0.99%
EPS beat(4)0
Avg EPS beat(4)-27.65%
Min EPS beat(4)-50.49%
Max EPS beat(4)-0.99%
EPS beat(8)1
Avg EPS beat(8)-16.27%
EPS beat(12)4
Avg EPS beat(12)-6.6%
EPS beat(16)6
Avg EPS beat(16)-12.72%
Revenue beat(2)0
Avg Revenue beat(2)-5.94%
Min Revenue beat(2)-6.32%
Max Revenue beat(2)-5.56%
Revenue beat(4)1
Avg Revenue beat(4)-3.1%
Min Revenue beat(4)-6.32%
Max Revenue beat(4)1.29%
Revenue beat(8)2
Avg Revenue beat(8)-2.17%
Revenue beat(12)3
Avg Revenue beat(12)-1.91%
Revenue beat(16)5
Avg Revenue beat(16)-1.45%
PT rev (1m)4.03%
PT rev (3m)3.93%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-21.43%
EPS NY rev (1m)0%
EPS NY rev (3m)-7.77%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.11%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.75%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.4 | ||
| Fwd PE | 13.37 | ||
| P/S | 0.98 | ||
| P/FCF | 20.59 | ||
| P/OCF | 7.42 | ||
| P/B | 3.34 | ||
| P/tB | 6.02 | ||
| EV/EBITDA | 8.57 |
EPS(TTM)2.27
EY4.46%
EPS(NY)3.8
Fwd EY7.48%
FCF(TTM)2.47
FCFY4.86%
OCF(TTM)6.85
OCFY13.47%
SpS52.09
BVpS15.21
TBVpS8.45
PEG (NY)N/A
PEG (5Y)0.51
Graham Number27.88
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5% | ||
| ROE | 15.38% | ||
| ROCE | 14.31% | ||
| ROIC | 10.23% | ||
| ROICexc | 10.77% | ||
| ROICexgc | 13.58% | ||
| OM | 8.96% | ||
| PM (TTM) | 4.49% | ||
| GM | 38.38% | ||
| FCFM | 4.74% |
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%
ROICexgc growth 3Y10.75%
ROICexgc 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 Turnover1.11
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.17 | ||
| Debt/FCF | 8.12 | ||
| Debt/EBITDA | 2.29 | ||
| Cap/Depr | 141.43% | ||
| Cap/Sales | 8.41% | ||
| Interest Coverage | 5.87 | ||
| Cash Conversion | 88.25% | ||
| Profit Quality | 105.55% | ||
| Current Ratio | 1.46 | ||
| Quick Ratio | 0.86 | ||
| Altman-Z | 2.91 |
F-Score6
WACC8.41%
ROIC/WACC1.22
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)-24%
EPS 3Y24.53%
EPS 5Y43.61%
EPS Q2Q%16.67%
EPS Next Y-0.1%
EPS Next 2Y17.61%
EPS Next 3Y18.87%
EPS Next 5Y12.09%
Revenue 1Y (TTM)1.09%
Revenue growth 3Y10.58%
Revenue growth 5Y4.99%
Sales Q2Q%-1.08%
Revenue Next Year2.73%
Revenue Next 2Y5.81%
Revenue Next 3Y6.66%
Revenue Next 5Y5.62%
EBIT growth 1Y1.21%
EBIT growth 3Y26.46%
EBIT growth 5Y23.16%
EBIT Next Year63.58%
EBIT Next 3Y27.01%
EBIT Next 5Y17.38%
FCF growth 1Y-24.24%
FCF growth 3Y-4.86%
FCF growth 5Y-8.94%
OCF growth 1Y43.65%
OCF growth 3Y24.11%
OCF growth 5Y6.56%
ELOPAK ASA / ELO.OL FAQ
What is the fundamental rating for ELO stock?
ChartMill assigns a fundamental rating of 4 / 10 to ELO.OL.
What is the valuation status for ELO stock?
ChartMill assigns a valuation rating of 3 / 10 to ELOPAK ASA (ELO.OL). This can be considered as Overvalued.
How profitable is ELOPAK ASA (ELO.OL) stock?
ELOPAK ASA (ELO.OL) has a profitability rating of 7 / 10.
Can you provide the expected EPS growth for ELO stock?
The Earnings per Share (EPS) of ELOPAK ASA (ELO.OL) is expected to decline by -0.1% in the next year.
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%.