Elkem (LSE:0SFN) - Stock Price, News & Analysis

0SFN Stock Overview

Elkem ASA engages in the provision of advanced material solutions worldwide.

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

Rewards

Earnings are forecast to grow 91.76% per year

Trading at good value compared to peers and industry

Analysts in good agreement that stock price will rise by 32.4%

Risk Analysis

Interest payments are not well covered by earnings

Elkem ASA Competitors

Victrex

LSE:VCT

UK£1.1b

Elementis

LSE:ELM

UK£826.8m

Synthomer

LSE:SYNT

UK£398.3m

Treatt

LSE:TET

UK£291.9m

Price History & Performance

Summary of all time highs, changes and price drops for Elkem
Historical stock prices
Current Share Price	kr19.30
52 Week High	kr36.06
52 Week Low	kr16.20
Beta	1.44
1 Month Change	-12.34%
3 Month Change	-14.57%
1 Year Change	-45.66%
3 Year Change	-40.28%
5 Year Change	-46.22%
Change since IPO	-35.55%

Recent updates

Shareholder Returns

	0SFN	GB Chemicals	GB Market
7D	-6.7%	0.1%	-0.9%
1Y	-45.7%	-36.6%	-1.8%

Return vs Industry: 0SFN underperformed the UK Chemicals industry which returned -36.6% over the past year.

Return vs Market: 0SFN underperformed the UK Market which returned -1.8% over the past year.

Price Volatility

Is 0SFN's price volatile compared to industry and market?
0SFN volatility
0SFN Average Weekly Movement	5.6%
Chemicals Industry Average Movement	6.7%
Market Average Movement	4.8%
10% most volatile stocks in GB Market	11.3%
10% least volatile stocks in GB Market	2.6%

Stable Share Price: 0SFN has not had significant price volatility in the past 3 months.

Volatility Over Time: 0SFN's weekly volatility (6%) has been stable 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?
0SFN fundamental statistics
Market cap	kr12.25b
Earnings (TTM)	-kr1.32b
Revenue (TTM)	kr32.46b

0.4x

P/S Ratio

-9.3x

P/E Ratio

Is 0SFN overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
0SFN income statement (TTM)
Revenue	kr32.46b
Cost of Revenue	kr19.50b
Gross Profit	kr12.96b
Other Expenses	kr14.28b
Earnings	-kr1.32b

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Jul 12, 2024

Earnings per share (EPS)	-2.08
Gross Margin	39.92%
Net Profit Margin	-4.06%
Debt/Equity Ratio	64.0%

How did 0SFN perform over the long term?

See historical performance and comparison

0SFN Stock Overview

Rewards

Risk Analysis

Elkem ASA Competitors

LSE:VCT

UK£1.1b

LSE:ELM

UK£826.8m

LSE:SYNT

UK£398.3m

LSE:TET

UK£291.9m

Price History & Performance

Recent News & Updates

Elkem ASA Announces Board Changes

Now 27% undervalued after recent price drop

Full year 2023 earnings released: EPS: kr0.11 (vs kr15.09 in FY 2022)

Less than half of directors are independent

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 ASA Announces Board Changes

Now 27% undervalued after recent price drop

Full year 2023 earnings released: EPS: kr0.11 (vs kr15.09 in FY 2022)

Less than half of directors are independent

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)

Now 20% undervalued after recent price drop

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

Chief Executive Officer recently bought kr500k worth of stock

New minor risk - Profit margin trend

Second quarter 2023 earnings released: EPS: kr0.057 (vs kr4.67 in 2Q 2022)

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

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

Investor sentiment deteriorates as stock falls 16%

Now 23% undervalued after recent price drop

Upcoming dividend of kr6.00 per share at 17% yield

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

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

Insider recently sold kr397k worth of stock

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

Investor sentiment deteriorated over the past week

Elkem ASA Appoints Larry Zhang as SVP for Silicones Division

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

Investor sentiment deteriorated over the past week

Senior Vice President of Technology recently sold kr1.8m worth of stock

Elkem ASA Approves Election of New Board Members

Full year 2021 earnings released: EPS: kr7.49 (vs kr0.41 in FY 2020)

Less than half of directors are independent

Upcoming dividend of kr3.00 per share

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

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.

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

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.

Upcoming dividend of kr0.15 per share

Director recently sold kr1.5m worth of stock

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

Revenue beats expectations