Elopak ASA

BATS-CHIXE:ELOO Stock Report

Market Cap: NOK 9.3b

Elopak Valuation

Is ELOO undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of ELOO when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: ELOO (NOK35.25) is trading below our estimate of future cash flow value (NOK159.37)

Significantly Below Future Cash Flow Value: ELOO is trading below future cash flow value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for ELOO?

Key metric: As ELOO is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for ELOO. This is calculated by dividing ELOO's market cap by their current earnings.
What is ELOO's PE Ratio?
PE Ratio13.5x
Earnings€61.58m
Market Cap€831.42m

Price to Earnings Ratio vs Peers

How does ELOO's PE Ratio compare to its peers?

The above table shows the PE ratio for ELOO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average24.1x
RBN Robinson
9.6x3.96%UK£21.8m
GFM Griffin Mining
32x30.76%UK£529.8m
ELM Elementis
19x11.57%UK£860.1m
AAZ Anglo Asian Mining
36xn/aUK£461.9m
ELOO Elopak
13.5x15.56%NOK 9.3b

Price-To-Earnings vs Peers: ELOO is good value based on its Price-To-Earnings Ratio (13.5x) compared to the peer average (23.8x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

How does ELOO's PE Ratio compare vs other companies in the European Packaging Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No. of Companies8PE01020304050+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: ELOO is good value based on its Price-To-Earnings Ratio (13.5x) compared to the European Packaging industry average (14.7x).

Price to Earnings Ratio vs Fair Ratio

What is ELOO's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ELOO PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio13.5x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate ELOO's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst ELOO forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Currentn/a
NOK 42.70
0%
5.44%NOK 45.47NOK 39.37n/a4
Jul ’27NOK 35.25
NOK 42.70
+21.13%
5.44%NOK 45.47NOK 39.37n/a4
Jun ’27n/a
NOK 42.37
0%
4.23%NOK 44.86NOK 39.89n/a4
May ’27n/a
NOK 45.59
0%
9.00%NOK 52.31NOK 41.29n/a4
Apr ’27n/a
NOK 47.29
0%
9.14%NOK 53.26NOK 42.04n/a4
Mar ’27n/a
NOK 56.47
0%
8.44%NOK 61.97NOK 49.97n/a4
Feb ’27n/a
NOK 55.37
0%
7.30%NOK 60.11NOK 50.05n/a4
Jan ’27n/a
NOK 54.69
0%
5.08%NOK 58.09NOK 50.69n/a4
Dec ’26n/a
NOK 54.69
0%
5.08%NOK 58.09NOK 50.69n/a4
Nov ’26n/a
NOK 52.83
0%
4.23%NOK 55.47NOK 50.01n/a3
Oct ’26n/a
NOK 50.81
0%
5.17%NOK 52.97NOK 47.11n/a3
Sep ’26n/a
NOK 51.37
0%
4.87%NOK 53.94NOK 47.98n/a3
Aug ’26n/a
NOK 50.05
0%
8.15%NOK 54.90NOK 44.93n/a3
Jul ’26n/a
NOK 48.67
0%
5.25%NOK 50.50NOK 45.05NOK 35.253
Jun ’26NOK 42.00
NOK 47.23
+12.44%
4.63%NOK 50.04NOK 44.01n/a4
May ’26n/a
NOK 46.90
0%
9.83%NOK 52.15NOK 40.05n/a4
Apr ’26n/a
NOK 47.83
0%
5.22%NOK 50.76NOK 44.66n/a4
Mar ’26n/a
NOK 47.69
0%
5.10%NOK 50.51NOK 44.45n/a4
Feb ’26n/a
NOK 49.72
0%
8.03%NOK 55.08NOK 44.14n/a4
Jan ’26n/a
NOK 48.34
0%
5.39%NOK 51.45NOK 44.34n/a4
Dec ’25n/a
NOK 47.73
0%
5.50%NOK 50.99NOK 43.95n/a4
Nov ’25n/a
NOK 46.83
0%
5.27%NOK 50.28NOK 44.05n/a4
Oct ’25n/a
NOK 44.83
0%
9.44%NOK 50.02NOK 38.81n/a4
Sep ’25n/a
NOK 42.85
0%
5.38%NOK 44.59NOK 38.89n/a4
Aug ’25n/a
NOK 41.88
0%
6.17%NOK 44.12NOK 37.75n/a4
Jul ’25NOK 35.25
NOK 38.93
+10.45%
8.07%NOK 42.99NOK 34.96n/a4
NOK 43.63
Fair Value
19.2% undervalued intrinsic discount
4
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/09 19:40
End of Day Share Price 2026/06/30 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Elopak ASA is covered by 6 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullABG Sundal Collier
Elliott Geoffrey JonesDanske Bank
Niclas GehinDNB Carnegie