ELOPAK ASA (ELO.OL) Stock Fundamental Analysis
OSL:ELO - Euronext Oslo - NO0011002586 - Common Stock - Currency: NOK
ELO gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 14 industry peers in the Containers & Packaging industry. While ELO has a great profitability rating, there are quite some concerns on its financial health. ELO has a correct valuation and a medium 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.
ELO had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
ELO has a better Return On Assets (5.17%) than 64.29% of its industry peers.
ELO's Return On Equity of 15.98% is amongst the best of the industry. ELO outperforms 85.71% of its industry peers.
The Return On Invested Capital of ELO (9.50%) is better than 78.57% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ELO is above the industry average of 6.77%.
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.
In the last couple of years the Profit Margin of ELO has grown nicely.
The Operating Margin of ELO (8.53%) 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 (37.46%) which is in line with its industry peers.
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.
ELO has about the same amout of shares outstanding than it did 1 year ago.
ELO has about the same amout of shares outstanding than it did 5 years ago.
The debt/assets ratio for ELO is higher compared to a year ago.
2.2 Solvency
ELO has an Altman-Z score of 2.84. This is not the best score and indicates that ELO is in the grey zone with still only limited risk for bankruptcy at the moment.
The Altman-Z score of ELO (2.84) is better than 64.29% of its industry peers.
A Debt/Equity ratio of 1.17 is on the high side and indicates that ELO has dependencies on debt financing.
ELO has a worse Debt to Equity ratio (1.17) than 78.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.17 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.84 |
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.
With a Current ratio value of 1.43, ELO perfoms like the industry average, outperforming 42.86% of the companies in the same industry.
A Quick Ratio of 0.82 indicates that ELO may have some problems paying its short term obligations.
ELO has a Quick ratio (0.82) which is in line with its industry peers.
| 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%.
The Earnings Per Share has been growing by 43.61% on average over the past years. This is a very strong growth
The Revenue has been growing slightly by 3.00% in the past year.
ELO shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.99% yearly.
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
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.
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
With a Price/Earnings ratio of 20.68, ELO is valued on the expensive side.
ELO's Price/Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Earnings ratio of 28.04, ELO is valued a bit cheaper.
The Price/Forward Earnings ratio is 13.85, which indicates a correct valuation of ELO.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ELO is on the same level as its industry peers.
ELO's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 37.64.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.68 | ||
| Fwd PE | 13.85 |
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 | 9.47 |
4.3 Compensation for Growth
ELO's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
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 18.09% in the coming years.
PEG (NY)1.56
PEG (5Y)0.47
EPS Next 2Y16.67%
EPS Next 3Y18.09%
5. Dividend
5.1 Amount
ELO has a Yearly Dividend Yield of 3.13%. Purely for dividend investing, there may be better candidates out there.
ELO's Dividend Yield is slightly below the industry average, which is at 4.38.
Compared to an average S&P500 Dividend Yield of 2.35, ELO pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.13% |
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 (7/25/2025, 7:00:00 PM)
51.5
-0.7 (-1.34%)
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 Cap13.86B
Analysts76
Price Target50.88 (-1.2%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.13% |
Yearly Dividend1.51
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)2.97%
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)0.73%
Revenue NQ rev (3m)1.47%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.16%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.68 | ||
| Fwd PE | 13.85 | ||
| P/S | 0.99 | ||
| P/FCF | N/A | ||
| P/OCF | 10.54 | ||
| P/B | 3.31 | ||
| P/tB | 6.05 | ||
| EV/EBITDA | 9.47 |
EPS(TTM)2.49
EY4.83%
EPS(NY)3.72
Fwd EY7.22%
FCF(TTM)-0.56
FCFYN/A
OCF(TTM)4.89
OCFY9.49%
SpS51.83
BVpS15.55
TBVpS8.51
PEG (NY)1.56
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 | 2.84 |
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%