Elkem (BATS-CHIXE:ELKO) - Stock Price, News & Analysis

ELKO Stock Overview

Engages in the provision of advanced material solutions worldwide. More details

ELKO fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	4/6
Past Performance	1/6
Financial Health	3/6
Dividends	0/6

Rewards

Trading at 60.1% below our estimate of its fair value

Earnings are forecast to grow 79.98% per year

Risk Analysis

Shares are highly illiquid

Interest payments are not well covered by earnings

Large one-off items impacting financial results

Profit margins (0.1%) are lower than last year (3.9%)

Elkem ASA Competitors

Elementis

LSE:ELM

UK£793.4m

Victrex

LSE:VCT

UK£761.8m

Synthomer

LSE:SYNT

UK£260.1m

Johnson Matthey

LSE:JMAT

UK£2.6b

Price History & Performance

Summary of all time highs, changes and price drops for Elkem
Historical stock prices
Current Share Price	NOK 20.41
52 Week High	NOK 22.90
52 Week Low	NOK 16.79
Beta	1.49
11 Month Change	0%
3 Month Change	n/a
1 Year Change	n/a
33 Year Change	-35.25%
5 Year Change	-4.00%
Change since IPO	-44.23%

Recent updates

Shareholder Returns

	ELKO	GB Chemicals	GB Market
7D	0%	-0.8%	0.7%
1Y	n/a	-18.0%	6.1%

Return vs Industry: Insufficient data to determine how ELKO performed against the UK Chemicals industry.

Return vs Market: Insufficient data to determine how ELKO performed against the UK Market.

Price Volatility

Is ELKO's price volatile compared to industry and market?
ELKO volatility
ELKO Average Weekly Movement	n/a
Chemicals Industry Average Movement	5.7%
Market Average Movement	4.7%
10% most volatile stocks in GB Market	10.4%
10% least volatile stocks in GB Market	2.6%

Stable Share Price: ELKO's share price has been volatile over the past 3 months compared to the UK market.

Volatility Over Time: Insufficient data to determine ELKO's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1904	7,400	Helge Aasen	www.elkem.com

Elkem ASA engages in the provision of advanced material solutions worldwide. It operates through three segments: Silicones, Silicon Products, and Carbon Solutions. The company offers silicones polymers, including silicone oils, compounds, emulsions, grease, and resins, as well as chlorosilanes, heat cured rubber silicone, liquid silicone rubber, and RTV-1 and RTV-2 silicones.

Elkem ASA Fundamentals Summary

How do Elkem's earnings and revenue compare to its market cap?
ELKO fundamental statistics
Market cap	NOK 11.50b
Earnings (TTM)	NOK 46.00m
Revenue (TTM)	NOK 31.76b

249.9x

P/E Ratio

0.4x

P/S Ratio

Is ELKO overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ELKO income statement (TTM)
Revenue	NOK 31.76b
Cost of Revenue	NOK 18.24b
Gross Profit	NOK 13.52b
Other Expenses	NOK 13.47b
Earnings	NOK 46.00m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 12, 2025

Earnings per share (EPS)	0.073
Gross Margin	42.57%
Net Profit Margin	0.14%
Debt/Equity Ratio	67.9%

How did ELKO perform over the long term?

See historical performance and comparison

ELKO Stock Overview

Rewards

Risk Analysis

Elkem ASA Competitors

LSE:ELM

UK£793.4m

LSE:VCT

UK£761.8m

LSE:SYNT

UK£260.1m

LSE:JMAT

UK£2.6b

Price History & Performance

Recent News & Updates

Elkem to Launch A New Generation of Silicone Solutions for Additive Manufacturing/3D Printing At Formnext 2024 in Frankfurt

Elkem ASA, Annual General Meeting, Apr 30, 2025

Elkem ASA to Report Q3, 2025 Results on Oct 23, 2025

Elkem ASA Announces Board Changes

An unknown buyer acquired unknown minority stake in Vianode AS from Elkem ASA (OB:ELK).

Elkem Appoints Sandy Chen as Acting Senior Vice President for Silicones Division

Recent updates

Elkem to Launch A New Generation of Silicone Solutions for Additive Manufacturing/3D Printing At Formnext 2024 in Frankfurt

Elkem ASA, Annual General Meeting, Apr 30, 2025

Elkem ASA to Report Q3, 2025 Results on Oct 23, 2025

Elkem ASA Announces Board Changes

An unknown buyer acquired unknown minority stake in Vianode AS from Elkem ASA (OB:ELK).

Elkem Appoints Sandy Chen as Acting Senior Vice President for Silicones Division

Elkem ASA (OB:ELK) entered into Share Purchase Agreement to acquire REC Solar Norway AS from REC Solar Holdings AS for approximately NOK 230 million.

Elkem ASA (OB:ELK) entered into Share Purchase Agreement to acquire REC Solar Norway AS from REC Solar Holdings AS for approximately NOK 230 million.

Elkem Postpones Start-Up of Iceland Furnace

Third quarter 2023 earnings released: kr0.72 loss per share (vs kr4.81 profit in 3Q 2022)

Less than half of directors are independent

Less than half of directors are independent

Elkem Launches UV Hg and UV LED Curable Silicone Solutions for Sustainable Release Coatings

Elkem ASA (OB:ELK) acquired VUM, a.s. from ZSNP, a.s.

Elkem ASA to Report Q3, 2024 Results on Oct 24, 2024

Less than half of directors are independent

Less than half of directors are independent

Full year 2022 earnings released: EPS: kr15.09 (vs kr7.49 in FY 2021)

Less than half of directors are independent

Elkem Asa Provides Earnings Guidance for the Year 2024

Elkem Announces Executive Changes, Effective 1 February 2023

Elkem Curtails Production in Norway Due to High Power Prices

Less than half of directors are independent

Less than half of directors are independent

Elkem to Present Silbione™ Biomedical Range At COMPAMED 2022

Norsk Hydro ASA (OB:NHY) and Altor Fund V AB completed the acquisition of Altor Equity Partners AB entered into an agreement to acquire 60% from Elkem ASA (OB:ELK).

Elkem ASA Announces Process Industry Strike in Norway Called Off and Affected Plants at Salten, Rana, Thamshavn and Fiskaa Will Resume Normal Production

Elkem ASA Announces Production Affected At Four Elkem Plants

Elkem ASA to Report Q3, 2023 Results on Oct 25, 2023

Less than half of directors are independent

Insider recently sold kr397k worth of stock

Second quarter 2022 earnings released: EPS: kr4.67 (vs kr0.98 in 2Q 2021)

Less than half of directors are independent

Elkem ASA Appoints Larry Zhang as SVP for Silicones Division

Elkem ASA (OB : ELK) acquired Keyvest Belgium SA from Nizi International S.A.

Less than half of directors are independent

Elkem ASA Approves Election of New Board Members

Upcoming dividend of kr3.00 per share

Less than half of directors are independent

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Less than half of directors are independent

Elkem Appoints Frederic Jacquin as SVP Strategy & Business Development and Asbjørn Søvik as SVP Green Ventures & Digital, Effective 1 March 2022

Senior Vice President of Technology recently sold kr1.7m worth of stock

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Elkem ASA Proposes Cash Dividend, Payable on or About May 6, 2022

Elkem ASA (OB:ELK) acquired remaining 50% stake in Elkem Salten energy recovery plant from Kvitebjørn Energi AS.

Less than half of directors are independent

Less than half of directors are independent

Third quarter 2021 earnings released: EPS kr2.16 (vs kr0.18 loss in 3Q 2020)

Senior Vice President of Technology recently sold kr1.9m worth of stock

Less than half of directors are independent

Less than half of directors are independent

Second quarter 2021 earnings released: EPS kr0.98 (vs kr0.022 loss in 2Q 2020)

Chief Executive Officer Michael Koenig has left the company

Elkem Asa Proposes Cash Dividend

First quarter 2021 earnings released: EPS kr1.18 (vs kr0.43 in 1Q 2020)

Elkem ASA has completed a Follow-on Equity Offering in the amount of NOK 1.891277 billion.

Director recently sold kr1.5m worth of stock

Full year 2020 earnings released: EPS kr0.41 (vs kr1.47 in FY 2019)