ELO Stock Overview
Elopak ASA manufactures and supplies paper-based packaging solutions for liquid food in Norway and internationally.
Price History & Performance
|Historical stock prices|
|Current Share Price||kr15.90|
|52 Week High||kr29.30|
|52 Week Low||kr13.42|
|1 Month Change||7.58%|
|3 Month Change||-22.14%|
|1 Year Change||n/a|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-43.21%|
Recent News & Updates
|ELO||NO Packaging||NO Market|
Return vs Industry: Insufficient data to determine how ELO performed against the Norwegian Packaging industry.
Return vs Market: Insufficient data to determine how ELO performed against the Norwegian Market.
|ELO Average Weekly Movement||6.7%|
|Packaging Industry Average Movement||5.9%|
|Market Average Movement||7.5%|
|10% most volatile stocks in NO Market||13.1%|
|10% least volatile stocks in NO Market||4.2%|
Stable Share Price: ELO is not significantly more volatile than the rest of Norwegian stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: ELO's weekly volatility (7%) has been stable over the past year.
About the Company
Elopak ASA manufactures and supplies paper-based packaging solutions for liquid food in Norway and internationally. It offers Pure-Pak cartons for chilled and ambient applications; chilled and ambient beverages; filling chilled and ambient equipment, and distribution packaging products. It also provides packaging solutions for detergent, fabric softener, and hand wash products.
Elopak Fundamentals Summary
|ELO fundamental statistics|
Is ELO overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ELO income statement (TTM)|
|Cost of Revenue||€634.28m|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
Aug 18, 2022
|Earnings per share (EPS)||0.02|
|Net Profit Margin||0.57%|
How did ELO perform over the long term?See historical performance and comparison
4.7%Current Dividend Yield
Is Elopak undervalued compared to its fair value and its price relative to the market?
Valuation Score 3/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ELO (NOK15.9) is trading below our estimate of fair value (NOK48.57)
Significantly Below Fair Value: ELO is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ELO is poor value based on its PE Ratio (75.4x) compared to the European Packaging industry average (17x).
PE vs Market: ELO is poor value based on its PE Ratio (75.4x) compared to the Norwegian market (13.4x).
Price to Earnings Growth Ratio
PEG Ratio: ELO is poor value based on its PEG Ratio (1x)
Price to Book Ratio
PB vs Industry: ELO is good value based on its PB Ratio (1.6x) compared to the XE Packaging industry average (1.8x).
How is Elopak forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Future Growth Score4/6
Future Growth Score 4/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ELO's forecast earnings growth (73.5% per year) is above the savings rate (1.1%).
Earnings vs Market: ELO's earnings (73.5% per year) are forecast to grow faster than the Norwegian market (1.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: ELO's revenue (2.1% per year) is forecast to grow faster than the Norwegian market (1% per year).
High Growth Revenue: ELO's revenue (2.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ELO's Return on Equity is forecast to be low in 3 years time (15.4%).
How has Elopak performed over the past 5 years?
Past Performance Score1/6
Past Performance Score 1/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ELO has a large one-off loss of €21.0M impacting its March 31 2022 financial results.
Growing Profit Margin: ELO's current net profit margins (0.6%) are lower than last year (4.8%).
Past Earnings Growth Analysis
Earnings Trend: ELO's earnings have grown by 1.9% per year over the past 5 years.
Accelerating Growth: ELO's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ELO had negative earnings growth (-87.2%) over the past year, making it difficult to compare to the Packaging industry average (20.2%).
Return on Equity
High ROE: ELO's Return on Equity (2.2%) is considered low.
How is Elopak's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: ELO's short term assets (€375.6M) exceed its short term liabilities (€285.6M).
Long Term Liabilities: ELO's short term assets (€375.6M) exceed its long term liabilities (€338.4M).
Debt to Equity History and Analysis
Debt Level: ELO's net debt to equity ratio (103.5%) is considered high.
Reducing Debt: Insufficient data to determine if ELO's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ELO's debt is well covered by operating cash flow (26.1%).
Interest Coverage: ELO's interest payments on its debt are well covered by EBIT (16.3x coverage).
What is Elopak current dividend yield, its reliability and sustainability?
Dividend Score 2/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ELO's dividend (4.72%) is higher than the bottom 25% of dividend payers in the Norwegian market (2.86%).
High Dividend: ELO's dividend (4.72%) is low compared to the top 25% of dividend payers in the Norwegian market (6.53%).
Stability and Growth of Payments
Stable Dividend: Too early to tell whether ELO's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if ELO's dividend payments are increasing as they only just started paying a dividend.
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (360.6%), ELO's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (64.5%), ELO's dividend payments are covered by cash flows.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Thomas Ralph Kormendi serves as Chief Executive Officer of Elopak ASA since April 03, 2018 and has been its President. He joined the Group in 2018. He served as Chief Executive Officer of Kezzler AS un...
CEO Compensation Analysis
Compensation vs Market: Thomas's total compensation ($USD626.65K) is about average for companies of similar size in the Norwegian market ($USD603.24K).
Compensation vs Earnings: Insufficient data to compare Thomas's compensation with company performance.
Experienced Management: ELO's management team is considered experienced (3.7 years average tenure).
Experienced Board: ELO's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: ELO only recently listed within the past 12 months.
Elopak ASA's employee growth, exchange listings and data sources
- Name: Elopak ASA
- Ticker: ELO
- Exchange: OB
- Founded: 1957
- Industry: Paper Packaging
- Sector: Materials
- Implied Market Cap: kr4.281b
- Shares outstanding: 269.22m
- Website: https://www.elopak.com
Number of Employees
- Elopak ASA
- Karenslyst Alle 53
- P.O.Box 418
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/22 00:00|
|End of Day Share Price||2022/05/20 00:00|
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.