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Elkem OB:ELK Stock Report

Last Price

kr21.32

Market Cap

kr13.5b

7D

-2.6%

1Y

-39.4%

Updated

28 Mar, 2024

Data

Company Financials +

Elkem ASA Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Elkem
Historical stock prices
Current Share Pricekr21.32
52 Week Highkr37.10
52 Week Lowkr16.16
Beta1.46
1 Month Change8.44%
3 Month Change0.76%
1 Year Change-39.40%
3 Year Change-42.69%
5 Year Change-33.79%
Change since IPO-23.31%

Recent News & Updates

Recent updates

Is Elkem (OB:ELK) A Risky Investment?

Dec 15
Is Elkem (OB:ELK) A Risky Investment?

Why Elkem ASA (OB:ELK) Could Be Worth Watching

Oct 23
Why Elkem ASA (OB:ELK) Could Be Worth Watching

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

Oct 04
Elkem (OB:ELK) Will Want To Turn Around Its Return Trends

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

Aug 19
Does Elkem (OB:ELK) Have A Healthy Balance Sheet?

Estimating The Intrinsic Value Of Elkem ASA (OB:ELK)

Aug 03
Estimating The Intrinsic Value Of Elkem ASA (OB:ELK)

What Is Elkem ASA's (OB:ELK) Share Price Doing?

Jul 15
What Is Elkem ASA's (OB:ELK) Share Price Doing?

Why We Like The Returns At Elkem (OB:ELK)

Jun 21
Why We Like The Returns At Elkem (OB:ELK)

Is Elkem (OB:ELK) Using Too Much Debt?

Apr 16
Is Elkem (OB:ELK) Using Too Much Debt?

A Look At The Fair Value Of Elkem ASA (OB:ELK)

Apr 03
A Look At The Fair Value Of Elkem ASA (OB:ELK)

Elkem (OB:ELK) Is Very Good At Capital Allocation

Mar 20
Elkem (OB:ELK) Is Very Good At Capital Allocation

Are Investors Undervaluing Elkem ASA (OB:ELK) By 33%?

Nov 25
Are Investors Undervaluing Elkem ASA (OB:ELK) By 33%?

Is Elkem ASA (OB:ELK) Trading At A 37% Discount?

Aug 16
Is Elkem ASA (OB:ELK) Trading At A 37% Discount?

Industry Analysts Just Upgraded Their Elkem ASA (OB:ELK) Revenue Forecasts By 10%

Jul 20
Industry Analysts Just Upgraded Their Elkem ASA (OB:ELK) Revenue Forecasts By 10%

Why We Like The Returns At Elkem (OB:ELK)

Jul 08
Why We Like The Returns At Elkem (OB:ELK)

Is There Now An Opportunity In Elkem ASA (OB:ELK)?

May 06
Is There Now An Opportunity In Elkem ASA (OB:ELK)?

Elkem's (OB:ELK) Dividend Will Be Increased To kr3.00

Apr 21
Elkem's (OB:ELK) Dividend Will Be Increased To kr3.00

An Intrinsic Calculation For Elkem ASA (OB:ELK) Suggests It's 31% Undervalued

Apr 19
An Intrinsic Calculation For Elkem ASA (OB:ELK) Suggests It's 31% Undervalued

Elkem's (OB:ELK) Dividend Will Be Increased To kr3.00

Apr 03
Elkem's (OB:ELK) Dividend Will Be Increased To kr3.00

Is Elkem (OB:ELK) A Risky Investment?

Mar 28
Is Elkem (OB:ELK) A Risky Investment?

Elkem's (OB:ELK) Dividend Will Be Increased To kr3.00

Feb 26
Elkem's (OB:ELK) Dividend Will Be Increased To kr3.00

Elkem (OB:ELK) Is Paying Out A Larger Dividend Than Last Year

Feb 12
Elkem (OB:ELK) Is Paying Out A Larger Dividend Than Last Year

Returns On Capital Are Showing Encouraging Signs At Elkem (OB:ELK)

Jan 31
Returns On Capital Are Showing Encouraging Signs At Elkem (OB:ELK)

An Intrinsic Calculation For Elkem ASA (OB:ELK) Suggests It's 50% Undervalued

Jan 04
An Intrinsic Calculation For Elkem ASA (OB:ELK) Suggests It's 50% Undervalued

Shareholder Returns

ELKNO ChemicalsNO Market
7D-2.6%1.5%1.2%
1Y-39.4%-23.3%4.1%

Return vs Industry: ELK underperformed the Norwegian Chemicals industry which returned -22.2% over the past year.

Return vs Market: ELK underperformed the Norwegian Market which returned 5.4% over the past year.

Price Volatility

Is ELK's price volatile compared to industry and market?
ELK volatility
ELK Average Weekly Movement5.7%
Chemicals Industry Average Movement6.1%
Market Average Movement5.3%
10% most volatile stocks in NO Market10.3%
10% least volatile stocks in NO Market2.8%

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

Volatility Over Time: ELK's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19047,534Helge Aasenhttps://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?
ELK fundamental statistics
Market capkr13.52b
Earnings (TTM)kr72.00m
Revenue (TTM)kr34.36b

187.7x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ELK income statement (TTM)
Revenuekr34.36b
Cost of Revenuekr20.40b
Gross Profitkr13.96b
Other Expenseskr13.89b
Earningskr72.00m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Apr 18, 2024

Earnings per share (EPS)0.11
Gross Margin40.63%
Net Profit Margin0.21%
Debt/Equity Ratio64.5%

How did ELK perform over the long term?

See historical performance and comparison
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.