Elkem ASA

OB:ELK Voorraadrapport

Marktkapitalisatie: NOK 12.0b

Elkem Beheer

Beheer criteriumcontroles 2/4

Momenteel beschikken wij niet over voldoende informatie over de CEO.

Belangrijke informatie

Helge Aasen

Algemeen directeur

NOK 15.2m

Totale compensatie

Percentage CEO-salaris54.04%
Dienstverband CEO5yrs
Eigendom CEO0.02%
Management gemiddelde ambtstermijn10.7yrs
Gemiddelde ambtstermijn bestuur5.8yrs

Recente managementupdates

Recent updates

Narratiefupdate May 15

ELK: Equity Raise And Biocarbon Project Will Support Future Upside

Elkem's updated analyst price target has shifted from NOK 33.29 to NOK 31.34, reflecting analysts' refreshed assumptions around revenue growth, profit margins, the discount rate, and future P/E expectations. What's in the News Elkem has filed a follow on equity offering of NOK 299.999997 million, offering 11,111,111 ordinary shares at NOK 27 per share through a rights offering (Key Developments).
Narratiefupdate Apr 25

ELK: New Three Division Structure And Workforce Cuts Will Support Upside

Analysts have made a small upward revision to Elkem's price target, moving it from NOK 33.14 to NOK 33.29. This reflects updated assumptions around revenue growth, profit margins and future P/E expectations.
Narratiefupdate Apr 10

ELK: New Three Division Structure And Cost Cuts Will Drive Upside

The analyst price target for Elkem has moved slightly higher to NOK33.14 from NOK32.83, with analysts citing adjustments in the assumed discount rate, revenue growth, profit margin, and future P/E to support the change. What's in the News Elkem is introducing a new corporate structure with three divisions: Elkem Silicon, Elkem Foundry Alloys and Elkem Carbon.
Narratiefupdate Mar 24

ELK: New Structure And Cost Cuts Will Support Future Upside

Analysts have kept their Elkem price target steady at NOK 32.83. They cite essentially unchanged assumptions for the discount rate, revenue growth, profit margin and future P/E as the basis for reaffirming their view.
Narratiefupdate Mar 10

ELK: Safety Actions And Stable Earnings Assumptions Will Support Upside Potential

Analysts have kept their fair value estimate for Elkem unchanged at NOK 32.83, with only small tweaks to assumptions on discount rate, revenue growth, profit margin and future P/E, which feed into an updated price target narrative. What's in the News An extraordinary general meeting on 9 March 2026 approved an amendment to Section 4 of Elkem ASA's articles of association, confirming share capital at NOK 1,505,514,210 divided into 301,102,842 shares with a nominal value of NOK 5 each (Key Developments).
Narratiefupdate Feb 23

ELK: Safety Actions And Earnings Assumptions Will Shape A Balanced Outlook

The analyst price target for Elkem has been adjusted from NOK 31.85 to NOK 32.83. Analysts cite updated assumptions across the discount rate, revenue growth, profit margin and forward P/E as the key drivers behind this change.
Narratiefupdate Feb 09

ELK: Safety Reforms After Saint Fons Incident Will Support Upbeat Outlook

Narrative Update on Elkem Analysts have kept their fair value estimate for Elkem steady at NOK 31.85. They explain the unchanged price target by slightly adjusting their assumptions for discount rate, revenue growth, profit margin and future P/E expectations, rather than changing their overall view of the company’s valuation.
Narratiefupdate Jan 25

ELK: Safety Incident And Minor Assumption Shifts Will Shape Balanced Outlook

Analysts have raised their fair value estimate for Elkem to €31.85 from €31.80, citing small adjustments to the discount rate, revenue growth, profit margin and forward P/E assumptions. What's in the News On 22 December 2025, an explosion occurred at a pilot workshop at the Elkem Silicones site in Saint Fons, Lyon, France, resulting in one employee losing his life and three others being injured (company report).
Narratiefupdate Jan 10

ELK: Medical Materials Push And Ferrosilicon Cuts Will Shape Balanced Outlook

Analysts now estimate Elkem's fair value at €31.80 per share, slightly higher than the previous estimate of €31.00, citing small adjustments to their discount rate, revenue growth, profit margin and future P/E assumptions. What's in the News Explosion at Elkem's Saint Fons silicones pilot workshop in Lyon on 22 December 2025 resulted in one fatality and three injuries, with management cooperating with local authorities and providing psychological support to employees (Key Developments).
Narratiefupdate Dec 25

ELK: Medical Materials Expansion And Ferrosilicon Curtailments Will Shape Measured Outlook

Analysts have raised their price target on Elkem to NOK 31.00 from NOK 29.80, reflecting updated assumptions of a slightly lower discount rate but higher future earnings multiples, despite somewhat softer expectations for revenue growth and profit margins. What's in the News Elkem ASA launched SILBIONE LSR Select EC 70, a next generation medical grade liquid silicone rubber engineered for wearable and diagnostic devices, combining high electrical conductivity, certified biocompatibility and enhanced process control (company announcement).
Narratiefupdate Dec 11

ELK: Medical Materials Expansion And Production Cuts Will Shape Balanced Outlook

Analysts have modestly raised their price target on Elkem to NOK 29.80, citing slightly lower perceived risk reflected in a reduced discount rate, while keeping growth, margin, and valuation assumptions broadly unchanged. What's in the News Elkem launched SILBIONE LSR Select EC 70, a next generation medical grade liquid silicone rubber designed for wearable and diagnostic devices, featuring high electrical conductivity, certified biocompatibility, and enhanced process control for precision healthcare applications (Key Developments).
Narratiefupdate Nov 27

ELK: New Medical-Grade Product Launch and Market Risks Will Shape Outlook

Analysts have maintained Elkem's fair value price target at NOK 29.80, citing stable underlying financial metrics and a slightly reduced discount rate as the basis for their decision. What's in the News Elkem ASA launched SILBIONE LSR Select EC 70, a next-generation medical-grade liquid silicone rubber designed for wearable and diagnostic devices.
Narratiefupdate Nov 13

ELK: Upcoming Medical Material Launch Will Support Increased Market Confidence

Narrative Update on Elkem: Analyst Price Target Revision Analysts have maintained their fair value estimate for Elkem at NOK 29.80. This reflects steady confidence in the company despite minor adjustments to key assumptions such as profit margin and growth projections.
Narratiefupdate Oct 29

Medical-Grade Silicone Launch and Production Cuts Will Balance Future Prospects

Analysts have raised their price target for Elkem from NOK 29.32 to NOK 29.80. This change reflects minor adjustments to their expectations for growth, discount rates, and profit margins.
Narratiefupdate Oct 15

Silicones Review And Carbon Capture R&D Will Improve Competitiveness

Elkem's analyst consensus price target has been raised from $27.92 to $29.32, reflecting analysts' expectations of slightly improved revenue growth and a lower discount rate that drives upward fair value adjustments. Valuation Changes The consensus analyst price target has increased from NOK 27.92 to NOK 29.32.
Narratiefupdate Sep 25

Silicones Review And Carbon Capture R&D Will Improve Competitiveness

Elkem's slight improvement in net profit margin has supported an upward revision of the consensus analyst price target from NOK26.40 to NOK27.92. What's in the News Elkem and NTE signed a long-term power purchase agreement for 300 GWh/year renewable power delivery (2028-2037) in Norway’s NO4 area.
Analyseartikel Sep 20

Earnings Tell The Story For Elkem ASA (OB:ELK)

With a price-to-earnings (or "P/E") ratio of 23.4x Elkem ASA ( OB:ELK ) may be sending very bearish signals at the...
Analyseartikel Jul 09

Is Now The Time To Look At Buying Elkem ASA (OB:ELK)?

While Elkem ASA ( OB:ELK ) might not have the largest market cap around , it received a lot of attention from a...
Analyseartikel Jun 17

Does Elkem (OB:ELK) Have A Healthy Balance Sheet?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analyseartikel May 07

Shareholders Shouldn’t Be Too Comfortable With Elkem's (OB:ELK) Strong Earnings

Strong earnings weren't enough to please Elkem ASA's ( OB:ELK ) shareholders over the last week. We did some digging...
Analyseartikel Apr 29

Elkem (OB:ELK) Will Want To Turn Around Its Return Trends

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analyseartikel Mar 24

Is It Too Late To Consider Buying Elkem ASA (OB:ELK)?

Elkem ASA ( OB:ELK ), might not be a large cap stock, but it saw a significant share price rise of 36% in the past...
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Nieuw narratief Feb 09

Carbon Capture Initiatives Will Strengthen ESG Positioning And Brand Value

Expansion in China and targeted operational improvements aim to boost EBITDA, enhancing revenue and earnings growth.
Analyseartikel Feb 05

Investors Still Aren't Entirely Convinced By Elkem ASA's (OB:ELK) Revenues Despite 26% Price Jump

The Elkem ASA ( OB:ELK ) share price has done very well over the last month, posting an excellent gain of 26%. While...
Analyseartikel Jan 23

Here's Why Elkem (OB:ELK) Is Weighed Down By Its Debt Load

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Analyseartikel Dec 19

Market Still Lacking Some Conviction On Elkem ASA (OB:ELK)

You may think that with a price-to-sales (or "P/S") ratio of 0.3x Elkem ASA ( OB:ELK ) is definitely a stock worth...
Analyseartikel Nov 02

There May Be Reason For Hope In Elkem's (OB:ELK) Disappointing Earnings

Soft earnings didn't appear to concern Elkem ASA's ( OB:ELK ) shareholders over the last week. Our analysis suggests...
Analyseartikel Oct 27

Elkem ASA Just Missed EPS By 51%: Here's What Analysts Think Will Happen Next

It's shaping up to be a tough period for Elkem ASA ( OB:ELK ), which a week ago released some disappointing...
Analyseartikel Sep 04

Little Excitement Around Elkem ASA's (OB:ELK) Revenues

You may think that with a price-to-sales (or "P/S") ratio of 0.4x Elkem ASA ( OB:ELK ) is definitely a stock worth...
Analyseartikel Aug 07

The Returns On Capital At Elkem (OB:ELK) Don't Inspire Confidence

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Ideally, a business will show two...
Analyseartikel Jul 17

Elkem ASA Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Elkem ASA ( OB:ELK ) investors will be delighted, with the company turning in some strong numbers with its latest...
Analyseartikel Jun 11

These 4 Measures Indicate That Elkem (OB:ELK) Is Using Debt In A Risky Way

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analyseartikel May 27

Elkem ASA's (OB:ELK) Revenues Are Not Doing Enough For Some Investors

Elkem ASA's ( OB:ELK ) price-to-sales (or "P/S") ratio of 0.4x might make it look like a strong buy right now compared...
Analyseartikel May 11

Elkem ASA's (OB:ELK) Intrinsic Value Is Potentially 24% Below Its Share Price

Key Insights The projected fair value for Elkem is kr15.80 based on 2 Stage Free Cash Flow to Equity Current share...
Analyseartikel Apr 22

Analysts Have Made A Financial Statement On Elkem ASA's (OB:ELK) First-Quarter Report

Elkem ASA ( OB:ELK ) just released its latest first-quarter report and things are not looking great. It was a pretty...
Analyseartikel Apr 09

What Does Elkem ASA's (OB:ELK) Share Price Indicate?

Elkem ASA ( OB:ELK ), is not the largest company out there, but it saw a double-digit share price rise of over 10% in...
Analyseartikel Dec 15

Is Elkem (OB:ELK) A Risky Investment?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Analyse CEO-vergoeding

Hoe is Helge Aasen's beloning veranderd ten opzichte van Elkem's winst?
DatumTotale vergoedingSalarisBedrijfswinsten
Mar 31 2026n/an/a

NOK 331m

Dec 31 2025n/an/a

NOK 301m

Sep 30 2025n/an/a

NOK 484m

Jun 30 2025n/an/a

NOK 699m

Mar 31 2025n/an/a

NOK 2b

Dec 31 2024NOK 15mNOK 8m

NOK 2b

Sep 30 2024n/an/a

NOK 3b

Jun 30 2024n/an/a

NOK 2b

Mar 31 2024n/an/a

NOK 1b

Dec 31 2023NOK 12mNOK 7m

NOK 2b

Sep 30 2023n/an/a

NOK 1b

Jun 30 2023n/an/a

NOK 5b

Mar 31 2023n/an/a

NOK 8b

Dec 31 2022NOK 17mNOK 6m

NOK 10b

Sep 30 2022n/an/a

NOK 11b

Jun 30 2022n/an/a

NOK 9b

Mar 31 2022n/an/a

NOK 7b

Dec 31 2021NOK 9mNOK 3m

NOK 5b

Sep 30 2021n/an/a

NOK 3b

Jun 30 2021n/an/a

NOK 1b

Mar 31 2021n/an/a

NOK 672m

Dec 31 2020NOK 244kn/a

NOK 239m

Sep 30 2020n/an/a

NOK 150m

Jun 30 2020n/an/a

NOK 460m

Mar 31 2020n/an/a

NOK 616m

Dec 31 2019NOK 17mNOK 5m

NOK 855m

Compensatie versus markt: De totale vergoeding ($USD 1.63M ) Helge } ligt boven het gemiddelde voor bedrijven van vergelijkbare omvang in de Norwegian markt ($USD 1.05M ).

Compensatie versus inkomsten: De beloning van Helge is het afgelopen jaar met meer dan 20% gestegen, terwijl de winst van het bedrijf met meer dan 20% is gedaald.


CEO

Helge Aasen (63 yo)

5yrs
Tenure
NOK 15,182,000
Compensatie

Mr. Helge Aasen serves as Chief Executive Officer at Elkem ASA since October 18, 2021 and served as its Director since December 1, 2019 until June 2021 and has been its Interim Chief Executive Officer sinc...


Leiderschapsteam

NaamPositieTenureCompensatieEigendom
Helge Aasen
Chief Executive Officer5yrsNOK 15.18m0.019%
NOK 2.3m
Morten Viga
Chief Financial Officer19.8yrsNOK 6.84m0.013%
NOK 1.6m
Havard Moe
Senior Vice President of Technology18.4yrsNOK 5.01m0.0029%
NOK 341.5k
Katja Lehland
Senior Vice President of Human Resources15.4yrsNOK 5.82mgeen gegevens
Inge Grubben-Stroemnes
Senior Vice President of Elkem Foundry Alloys17.8yrsNOK 6.44m0.010%
NOK 1.2m
Luiz Simao
Senior Vice President of Elkem Silicon5.9yrsNOK 5.39m0.0063%
NOK 750.2k
Morten Voll
Senior Vice President of Strategy & Business Development3.3yrsNOK 5.84m0.0029%
NOK 353.5k
Tom Preststulen
Managing Partnerno datageen gegevensgeen gegevens
Odd-Geir Lyngstad
Vice President of Finance & Investor Relationsno datageen gegevensgeen gegevens
Izaias Entringer
Senior Vice President of Elkem Carbonless than a yeargeen gegevensgeen gegevens
10.7yrs
Gemiddelde duur
60yo
Gemiddelde leeftijd

Ervaren management: Het managementteam van ELK is doorgewinterd en ervaren (gemiddelde ambtstermijn van 10.7 jaar).


Bestuursleden

NaamPositieTenureCompensatieEigendom
Marianne Johnsen
Interim Independent Chairman7.2yrsNOK 565.00kgeen gegevens
Richard Aa
Directorno datageen gegevensgeen gegevens
Terje Hanssen
Employee Representative Director16.4yrsNOK 456.00kgeen gegevens
Marianne Faeroyvik
Employee Representative Director9.8yrsNOK 456.00k0.0014%
NOK 169.0k
Thomas Eggan
Employee Representative Director4.4yrsNOK 456.00kgeen gegevens
Christian Must
Directorless than a yeargeen gegevensgeen gegevens
Astrid Hilde
Directorless than a yeargeen gegevensgeen gegevens
5.8yrs
Gemiddelde duur
61.5yo
Gemiddelde leeftijd

Ervaren bestuur: De raad van bestuur van ELK wordt beschouwd als ervaren (gemiddelde ambtstermijn 5.8 jaar).


Bedrijfsanalyse en status van financiële gegevens

GegevensLaatst bijgewerkt (UTC-tijd)
Bedrijfsanalyse2026/06/05 17:42
Aandelenkoers aan het einde van de dag2026/06/05 00:00
Inkomsten2026/03/31
Jaarlijkse inkomsten2025/12/31

Gegevensbronnen

De gegevens die gebruikt zijn in onze bedrijfsanalyse zijn afkomstig van S&P Global Market Intelligence LLC. De volgende gegevens worden gebruikt in ons analysemodel om dit rapport te genereren. De gegevens zijn genormaliseerd, waardoor er een vertraging kan optreden voordat de bron beschikbaar is.

PakketGegevensTijdframeVoorbeeld Amerikaanse bron *
Financiële gegevens bedrijf10 jaar
  • Resultatenrekening
  • Kasstroomoverzicht
  • Balans
Consensus schattingen analisten+3 jaar
  • Financiële prognoses
  • Koersdoelen analisten
Marktprijzen30 jaar
  • Aandelenprijzen
  • Dividenden, splitsingen en acties
Eigendom10 jaar
  • Top aandeelhouders
  • Handel met voorkennis
Beheer10 jaar
  • Leiderschapsteam
  • Raad van bestuur
Belangrijkste ontwikkelingen10 jaar
  • Bedrijfsaankondigingen

* Voorbeeld voor effecten uit de VS, voor niet-Amerikaanse effecten worden gelijkwaardige formulieren en bronnen gebruikt.

Tenzij anders vermeld zijn alle financiële gegevens gebaseerd op een jaarperiode, maar worden ze elk kwartaal bijgewerkt. Dit staat bekend als Trailing Twelve Month (TTM) of Last Twelve Month (LTM) gegevens. Meer informatie.

Analysemodel en Snowflake

Details van het analysemodel dat is gebruikt om dit rapport te genereren zijn beschikbaar op onze Github-pagina. We hebben ook handleidingen over hoe je onze rapporten kunt gebruiken en tutorials op YouTube.

Leer meer over het team van wereldklasse dat het Simply Wall St-analysemodel heeft ontworpen en gebouwd.

Industrie en sector

Onze industrie- en sectormetrics worden elke 6 uur berekend door Simply Wall St, details van ons proces zijn beschikbaar op Github.

Bronnen van analisten

Elkem ASA wordt gevolgd door 9 analisten. 5 van deze analisten hebben de schattingen van de omzet of winst ingediend die zijn gebruikt als input voor ons rapport. Inzendingen van analisten worden de hele dag door bijgewerkt.

AnalistInstelling
null nullABG Sundal Collier
Sebastian SatzCitigroup Inc
Elliott Geoffrey JonesDanske Bank