Elopak ASA

LSE:0AB3 Stock Report

Market Cap: NOK 13.1b

Elopak Valuation

Is 0AB3 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • 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 0AB3 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: 0AB3 (NOK48.5) is trading below our estimate of future cash flow value (NOK155.59)

Significantly Below Future Cash Flow Value: 0AB3 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 0AB3?

Key metric: As 0AB3 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 0AB3. This is calculated by dividing 0AB3's market cap by their current earnings.
What is 0AB3's PE Ratio?
PE Ratio21.8x
Earnings€51.97m
Market Cap€1.13b

Price to Earnings Ratio vs Peers

How does 0AB3's PE Ratio compare to its peers?

The above table shows the PE ratio for 0AB3 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average21.6x
BREE Breedon Group
13.1x11.30%UK£1.2b
RHIM RHI Magnesita
33.3x41.53%UK£1.4b
ATYM Atalaya Mining Copper
17.9x22.54%UK£1.3b
HILS Hill & Smith
21.9x10.15%UK£1.8b
0AB3 Elopak
21.8x17.91%NOK 13.1b

Price-To-Earnings vs Peers: 0AB3 is expensive based on its Price-To-Earnings Ratio (21.8x) compared to the peer average (21.6x).

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 0AB3's PE Ratio compare vs other companies in the European Packaging Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
0AB3 21.8xIndustry Avg. 15.8xNo. of Companies4PE01020304050+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 0AB3 is expensive based on its Price-To-Earnings Ratio (21.8x) compared to the Global Packaging industry average (15.8x).

Price to Earnings Ratio vs Fair Ratio

What is 0AB3'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.

0AB3 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio21.8x
Fair PE Ratio23.2x

Price-To-Earnings vs Fair Ratio: 0AB3 is good value based on its Price-To-Earnings Ratio (21.8x) compared to the estimated Fair Price-To-Earnings Ratio (23.2x).

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 0AB3 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentNOK 48.50
NOK 55.31
+14.05%
7.50%NOK 60.30NOK 50.05n/a4
Jan ’27NOK 55.02
NOK 54.69
-0.60%
5.08%NOK 58.09NOK 50.69n/a4
Dec ’26NOK 48.35
NOK 54.69
+13.11%
5.08%NOK 58.09NOK 50.69n/a4
Nov ’26NOK 48.35
NOK 52.83
+9.27%
4.23%NOK 55.47NOK 50.01n/a3
Oct ’26NOK 45.90
NOK 50.81
+10.70%
5.17%NOK 52.97NOK 47.11n/a3
Sep ’26NOK 46.60
NOK 51.37
+10.24%
4.87%NOK 53.94NOK 47.98n/a3
Aug ’26NOK 49.85
NOK 50.05
+0.39%
8.15%NOK 54.90NOK 44.93n/a3
Jul ’26NOK 47.30
NOK 48.67
+2.89%
5.25%NOK 50.50NOK 45.05n/a3
Jun ’26NOK 43.15
NOK 47.23
+9.45%
4.63%NOK 50.04NOK 44.01n/a4
May ’26NOK 42.65
NOK 46.90
+9.96%
9.83%NOK 52.15NOK 40.05n/a4
Apr ’26NOK 39.25
NOK 47.83
+21.86%
5.22%NOK 50.76NOK 44.66n/a4
Mar ’26NOK 40.50
NOK 47.69
+17.74%
5.10%NOK 50.51NOK 44.45n/a4
Feb ’26NOK 41.14
NOK 49.72
+20.88%
8.03%NOK 55.08NOK 44.14NOK 50.304
Jan ’26NOK 45.20
NOK 48.34
+6.95%
5.39%NOK 51.45NOK 44.34NOK 55.024
Dec ’25NOK 44.09
NOK 47.73
+8.26%
5.50%NOK 50.99NOK 43.95NOK 48.354
Nov ’25NOK 44.55
NOK 46.83
+5.13%
5.27%NOK 50.28NOK 44.05NOK 48.354
Oct ’25NOK 43.15
NOK 44.83
+3.90%
9.44%NOK 50.02NOK 38.81NOK 45.904
Sep ’25NOK 43.25
NOK 42.85
-0.91%
5.38%NOK 44.59NOK 38.89NOK 46.604
Aug ’25NOK 38.75
NOK 41.88
+8.08%
6.17%NOK 44.12NOK 37.75NOK 49.854
Jul ’25NOK 35.80
NOK 38.93
+8.75%
8.07%NOK 42.99NOK 34.96NOK 47.304
Jun ’25NOK 36.45
NOK 37.18
+2.00%
9.41%NOK 42.92NOK 33.89NOK 43.154
May ’25NOK 33.55
NOK 34.49
+2.81%
1.13%NOK 34.98NOK 34.03NOK 42.653
Apr ’25NOK 33.95
NOK 31.80
-6.35%
6.23%NOK 34.00NOK 29.20NOK 39.253
Mar ’25NOK 33.73
NOK 31.78
-5.79%
6.46%NOK 34.11NOK 29.12NOK 40.503
Feb ’25NOK 29.35
NOK 30.70
+4.61%
4.39%NOK 32.34NOK 29.04NOK 41.143
NOK 55.2
Fair Value
12.1% undervalued intrinsic discount
4
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/02/05 06:27
End of Day Share Price 2026/02/05 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

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 7 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
Charlie Muir-SandsBNP Paribas
Elliott Geoffrey JonesDanske Bank