ELOPAK ASA (ELO.OL) Stock Fundamental Analysis
OSL:ELO - Euronext Oslo - NO0011002586 - Common Stock - Currency: NOK
We assign a fundamental rating of 5 out of 10 to ELO. ELO was compared to 13 industry peers in the Containers & Packaging industry. ELO scores excellent on profitability, but there are concerns on its financial health. ELO has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year ELO was profitable.
ELO had a positive operating cash flow in the past year.
ELO had positive earnings in each of the past 5 years.
ELO had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
ELO has a Return On Assets of 5.17%. 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 15.98%, ELO belongs to the top 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.
ELO had an Average Return On Invested Capital over the past 3 years of 9.29%. This is above the industry average of 6.59%.
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 in line with its industry peers.
ELO's Profit Margin has improved in the last couple of years.
With a Operating Margin value of 8.53%, ELO perfoms like the industry average, outperforming 53.85% of the companies in the same industry.
ELO's Operating Margin has improved in the last couple of years.
The Gross Margin of ELO (37.46%) 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 | 8.53% | ||
| 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.
The number of shares outstanding for ELO remains at a similar level compared to 1 year ago.
The number of shares outstanding for ELO remains at a similar level compared to 5 years ago.
Compared to 1 year ago, ELO has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.72 indicates that ELO is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of ELO (2.72) is better than 69.23% of its industry peers.
ELO has a Debt/Equity ratio of 1.17. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of ELO (1.17) is worse than 76.92% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.17 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.72 |
ROIC/WACC1.12
WACC8.47%
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.
ELO has a Current ratio (1.43) which is in line with its industry peers.
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.
With a Quick ratio value of 0.82, ELO perfoms like the industry average, outperforming 46.15% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.43 | ||
| Quick Ratio | 0.82 |
3. Growth
3.1 Past
ELO shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -22.22%.
ELO shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 43.61% yearly.
Looking at the last year, ELO shows a small growth in Revenue. The Revenue has grown by 3.00% in the last year.
The Revenue has been growing slightly by 4.99% on average over the past years.
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 10.42% 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 4.42% on average per year.
EPS Next Y13.3%
EPS Next 2Y16.67%
EPS Next 3Y18.09%
EPS Next 5Y10.42%
Revenue Next Year6.32%
Revenue Next 2Y7.45%
Revenue Next 3Y6.99%
Revenue Next 5Y4.42%
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
The Price/Earnings ratio is 17.97, which indicates a rather expensive current valuation of ELO.
The rest of the industry has a similar Price/Earnings ratio as ELO.
When comparing the Price/Earnings ratio of ELO to the average of the S&P500 Index (26.34), we can say ELO is valued slightly cheaper.
Based on the Price/Forward Earnings ratio of 12.08, the valuation of ELO can be described as correct.
Based on the Price/Forward Earnings ratio, ELO is valued a bit cheaper than the industry average as 61.54% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 21.03. ELO is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.97 | ||
| Fwd PE | 12.08 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as ELO.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 8.57 |
4.3 Compensation for Growth
The 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.
A more expensive valuation may be justified as ELO's earnings are expected to grow with 18.09% in the coming years.
PEG (NY)1.35
PEG (5Y)0.41
EPS Next 2Y16.67%
EPS Next 3Y18.09%
5. Dividend
5.1 Amount
ELO has a Yearly Dividend Yield of 3.40%.
ELO's Dividend Yield is comparable with the industry average which is at 4.25.
ELO's Dividend Yield is a higher than the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.4% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
61.12% of the earnings are spent on dividend by ELO. This is not a sustainable payout ratio.
DP61.12%
EPS Next 2Y16.67%
EPS Next 3Y18.09%
OSL:ELO (6/23/2025, 4:19:50 PM)
43.85
-0.55 (-1.24%)
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 Cap11.81B
Analysts78
Price Target50.76 (15.76%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.4% |
Yearly Dividend1.48
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)5.83%
PT rev (3m)2.73%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-14.29%
EPS NY rev (1m)0%
EPS NY rev (3m)-3.25%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.23%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.16%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.97 | ||
| Fwd PE | 12.08 | ||
| P/S | 0.87 | ||
| P/FCF | N/A | ||
| P/OCF | 9.19 | ||
| P/B | 2.89 | ||
| P/tB | 5.28 | ||
| EV/EBITDA | 8.57 |
EPS(TTM)2.44
EY5.56%
EPS(NY)3.63
Fwd EY8.28%
FCF(TTM)-0.55
FCFYN/A
OCF(TTM)4.77
OCFY10.89%
SpS50.62
BVpS15.19
TBVpS8.31
PEG (NY)1.35
PEG (5Y)0.41
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 | 2.72 |
F-Score6
WACC8.47%
ROIC/WACC1.12
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 5Y10.42%
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 5Y4.42%
EBIT growth 1Y-6.53%
EBIT growth 3Y26.46%
EBIT growth 5Y23.16%
EBIT Next Year64.41%
EBIT Next 3Y26.44%
EBIT Next 5Y15.55%
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%