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ELK logo

Elkem OB:ELK Stock Report

Last Price

NOK 17.36

Market Cap

NOK 11.0b

7D

-7.4%

1Y

-13.0%

Updated

18 Dec, 2024

Data

Company Financials +

My Notes

Capture your thoughts, links and company narrative

Elkem ASA Competitors

Price History & Performance

Summary of share price highs, lows and changes for Elkem
Historical stock prices
Current Share PriceNOK 17.36
52 Week HighNOK 23.74
52 Week LowNOK 16.57
Beta1.47
1 Month Change-3.72%
3 Month Change-1.42%
1 Year Change-12.98%
3 Year Change-37.60%
5 Year Change-27.67%
Change since IPO-37.55%

Recent News & Updates

Market Still Lacking Some Conviction On Elkem ASA (OB:ELK)

Dec 19
Market Still Lacking Some Conviction On Elkem ASA (OB:ELK)

Recent updates

Market Still Lacking Some Conviction On Elkem ASA (OB:ELK)

Dec 19
Market Still Lacking Some Conviction On Elkem ASA (OB:ELK)

There May Be Reason For Hope In Elkem's (OB:ELK) Disappointing Earnings

Nov 02
There May Be Reason For Hope In Elkem's (OB:ELK) Disappointing Earnings

Elkem ASA Just Missed EPS By 51%: Here's What Analysts Think Will Happen Next

Oct 27
Elkem ASA Just Missed EPS By 51%: Here's What Analysts Think Will Happen Next

Little Excitement Around Elkem ASA's (OB:ELK) Revenues

Sep 04
Little Excitement Around Elkem ASA's (OB:ELK) Revenues

The Returns On Capital At Elkem (OB:ELK) Don't Inspire Confidence

Aug 07
The Returns On Capital At Elkem (OB:ELK) Don't Inspire Confidence

Elkem ASA Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Jul 17
Elkem ASA Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

These 4 Measures Indicate That Elkem (OB:ELK) Is Using Debt In A Risky Way

Jun 11
These 4 Measures Indicate That Elkem (OB:ELK) Is Using Debt In A Risky Way

Elkem ASA's (OB:ELK) Revenues Are Not Doing Enough For Some Investors

May 27
Elkem ASA's (OB:ELK) Revenues Are Not Doing Enough For Some Investors

Elkem ASA's (OB:ELK) Intrinsic Value Is Potentially 24% Below Its Share Price

May 11
Elkem ASA's (OB:ELK) Intrinsic Value Is Potentially 24% Below Its Share Price

Analysts Have Made A Financial Statement On Elkem ASA's (OB:ELK) First-Quarter Report

Apr 22
Analysts Have Made A Financial Statement On Elkem ASA's (OB:ELK) First-Quarter Report

What Does Elkem ASA's (OB:ELK) Share Price Indicate?

Apr 09
What Does Elkem ASA's (OB:ELK) Share Price Indicate?

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%

Shareholder Returns

ELKNO ChemicalsNO Market
7D-7.4%-5.7%-2.4%
1Y-13.0%-12.4%-0.3%

Return vs Industry: ELK underperformed the Norwegian Chemicals industry which returned -10.6% over the past year.

Return vs Market: ELK underperformed the Norwegian Market which returned -0.1% over the past year.

Price Volatility

Is ELK's price volatile compared to industry and market?
ELK volatility
ELK Average Weekly Movement4.7%
Chemicals Industry Average Movement7.2%
Market Average Movement5.0%
10% most volatile stocks in NO Market11.2%
10% least volatile stocks in NO Market2.7%

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

Volatility Over Time: ELK's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19047,400Helge Aasenwww.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 capNOK 11.01b
Earnings (TTM)NOK 46.00m
Revenue (TTM)NOK 31.76b

239.3x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ELK income statement (TTM)
RevenueNOK 31.76b
Cost of RevenueNOK 18.24b
Gross ProfitNOK 13.52b
Other ExpensesNOK 13.47b
EarningsNOK 46.00m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 12, 2025

Earnings per share (EPS)0.073
Gross Margin42.57%
Net Profit Margin0.14%
Debt/Equity Ratio67.9%

How did ELK perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/18 04:20
End of Day Share Price 2024/12/18 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

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 .

Analyst Sources

Elkem ASA is covered by 8 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Sebastian SatzCitigroup Inc
Mubasher ChaudhryCitigroup Inc
Niclas GehinDNB Markets