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Elopak ASAOB:ELO Stock Report

Market Cap NOK 9.6b
Share Price
NOK 35.80
NOK 46.16
22.4% undervalued intrinsic discount
1Y-16.7%
7D1.0%
Portfolio Value
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Elopak ASA

OB:ELO Stock Report

Market Cap: NOK 9.6b

Elopak (ELO) Stock Overview

Manufactures and supplies paper-based packaging system solutions for liquid products in Europe, the Middle East, Africa, Asia, Americas, Germany, Canada, Netherlands, Norway, the United States, and internationally. More details

ELO fundamental analysis
Snowflake Score
Valuation6/6
Future Growth4/6
Past Performance3/6
Financial Health5/6
Dividends3/6

ELO Community Fair Values

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See what 14 others think this stock is worth. Follow their fair value or set your own to get alerts.

Materials opportunity

Elopak ASA Competitors

Price History & Performance

Summary of share price highs, lows and changes for Elopak
Historical stock prices
Current Share PriceNOK 35.80
52 Week HighNOK 56.00
52 Week LowNOK 34.05
Beta0.81
1 Month Change-1.38%
3 Month Change-25.42%
1 Year Change-16.74%
3 Year Change42.06%
5 Year Changen/a
Change since IPO27.86%

Recent News & Updates

ELO: Future Upside Will Rely On Smooth CEO Transition Execution

Analysts have trimmed their price target on Elopak to NOK46.16 from NOK54.03. This reflects updated assumptions for a slightly higher discount rate, more moderate revenue growth, a lower profit margin and a reduced future P/E multiple.

ELO: Future Upside Will Depend On CEO Transition Stability

Analysts have trimmed their price target on Elopak from NOK 56.37 to NOK 54.03, reflecting updated assumptions around revenue growth, profit margins, the discount rate, and future P/E multiples. What's in the News CEO Thomas Körmendi has decided to step down from his position due to personal reasons related to his planned relocation to Denmark, and the Board of Directors has begun the search for a new CEO (Key Developments).

ELO: Fair View Will Rely On CEO Transition And Stable Earnings Multiples

Analysts have made only marginal tweaks to their assumptions for discount rate, growth and future P/E. Their implied fair value for Elopak remains broadly unchanged at around NOK 56.37 per share.

ELO: Fair View Will Depend On CEO Transition And Margin Stability

Analysts now set their fair value estimate for Elopak at NOK56.37, up from NOK55.31, citing slightly lower assumed discount rates, a modest adjustment to the revenue growth outlook, improved profit margin expectations, and a small change in future P/E assumptions. What's in the News Elopak's Board of Directors announced that CEO Thomas Körmendi will step down from his role due to personal reasons related to his planned relocation to Denmark (Key Developments).

Recent updates

ELO: Future Upside Will Rely On Smooth CEO Transition Execution

Analysts have trimmed their price target on Elopak to NOK46.16 from NOK54.03. This reflects updated assumptions for a slightly higher discount rate, more moderate revenue growth, a lower profit margin and a reduced future P/E multiple.

ELO: Future Upside Will Depend On CEO Transition Stability

Analysts have trimmed their price target on Elopak from NOK 56.37 to NOK 54.03, reflecting updated assumptions around revenue growth, profit margins, the discount rate, and future P/E multiples. What's in the News CEO Thomas Körmendi has decided to step down from his position due to personal reasons related to his planned relocation to Denmark, and the Board of Directors has begun the search for a new CEO (Key Developments).

ELO: Fair View Will Rely On CEO Transition And Stable Earnings Multiples

Analysts have made only marginal tweaks to their assumptions for discount rate, growth and future P/E. Their implied fair value for Elopak remains broadly unchanged at around NOK 56.37 per share.

ELO: Fair View Will Depend On CEO Transition And Margin Stability

Analysts now set their fair value estimate for Elopak at NOK56.37, up from NOK55.31, citing slightly lower assumed discount rates, a modest adjustment to the revenue growth outlook, improved profit margin expectations, and a small change in future P/E assumptions. What's in the News Elopak's Board of Directors announced that CEO Thomas Körmendi will step down from his role due to personal reasons related to his planned relocation to Denmark (Key Developments).

Analysts Have Made A Financial Statement On Elopak ASA's (OB:ELO) Annual Report

Feb 13
Analysts Have Made A Financial Statement On Elopak ASA's (OB:ELO) Annual Report

ELO: Undervalued Outlook Will Rely On Stable Margins And Future P/E

Analysts have trimmed their price target for Elopak from €56.65 to €55.31, citing updated assumptions around discount rates, revenue growth, profit margins, and future P/E expectations. What's in the News Elopak's Board of Directors announced that CEO Thomas Körmendi will step down from his role, citing personal reasons connected to a planned relocation to Denmark (Key Developments).

ELO: Fairly Valued Outlook Will Depend On Stable Margins And P/E Assumptions

Analysts have maintained their fair value estimate for Elopak at €56.65, with only minor tweaks to inputs such as the discount rate, revenue growth, profit margin and future P/E assumptions, supporting a steady overall price target view. Valuation Changes Fair Value: Unchanged at €56.65, reflecting a consistent overall valuation outcome.

Elopak ASA (OB:ELO) Not Lagging Market On Growth Or Pricing

Jan 15
Elopak ASA (OB:ELO) Not Lagging Market On Growth Or Pricing

ELO: Fairly Valued Outlook Will Rely On Margins And P/E Support

Analysts have raised their price target on Elopak to €56.65 from €54.69, citing updated assumptions around discount rates, revenue growth, profit margins and future P/E expectations. Valuation Changes Fair Value Estimate was adjusted slightly higher from €54.69 to €56.65 per share.

ELO: Future Earnings Multiple And Lower Risk Are Expected To Sustain Upside

Analysts have marginally raised their price target on Elopak to NOK 54.69, citing slightly lower perceived risk and a modestly higher justified future earnings multiple as support for the updated valuation. Valuation Changes Fair Value Estimate: Unchanged at NOK 54.69, indicating no revision to the core intrinsic valuation.

There's Been No Shortage Of Growth Recently For Elopak's (OB:ELO) Returns On Capital

Dec 24
There's Been No Shortage Of Growth Recently For Elopak's (OB:ELO) Returns On Capital

ELO: Share Buybacks Are Expected To Support Ongoing Upside Momentum

Analysts have modestly raised their price target on Elopak to NOK 54.69 per share, reflecting slightly lower discount-rate assumptions, a marginally higher future P/E multiple, and continued confidence in the company’s revenue growth and profit margin outlook. What's in the News Elopak ASA (OB:ELO) has been added to the S&P Global BMI Index, potentially increasing the company’s visibility among international institutional investors (Key Developments).

ELO: Share Buybacks Will Drive Momentum Following Index Inclusion

Elopak's analyst price target has been raised from NOK 52.82 to NOK 54.69, as analysts cite improved revenue growth expectations, even though there is a slight decline in profit margin forecasts. What's in the News Elopak ASA (OB:ELO) has been added to the S&P Global BMI Index (Key Developments).

ELO: Index Inclusion and Share Buybacks Are Poised To Drive Momentum

Elopak's analyst price target has seen a slight decrease, from NOK 52.84 to NOK 52.82, as analysts adjust their models to reflect modest changes in revenue growth estimates and minor shifts in profit margin expectations. What's in the News Elopak ASA (OB:ELO) has been added to the S&P Global BMI Index.

Share Buyback And Index Listing Will Shape Path For Global Expansion

Elopak's analyst price target has been updated from NOK 51.36 to NOK 52.84. This reflects a modest upward revision driven by analysts' adjusted assumptions on the company's revenue growth and valuation metrics.

Here's Why Elopak (OB:ELO) Has A Meaningful Debt Burden

Aug 16
Here's Why Elopak (OB:ELO) Has A Meaningful Debt Burden

Returns At Elopak (OB:ELO) Are On The Way Up

Jun 01
Returns At Elopak (OB:ELO) Are On The Way Up

Optimistic Investors Push Elopak ASA (OB:ELO) Shares Up 27% But Growth Is Lacking

May 10
Optimistic Investors Push Elopak ASA (OB:ELO) Shares Up 27% But Growth Is Lacking

We Think Shareholders Will Probably Be Generous With Elopak ASA's (OB:ELO) CEO Compensation

May 08
We Think Shareholders Will Probably Be Generous With Elopak ASA's (OB:ELO) CEO Compensation

These 4 Measures Indicate That Elopak (OB:ELO) Is Using Debt Extensively

Apr 06
These 4 Measures Indicate That Elopak (OB:ELO) Is Using Debt Extensively

Elopak ASA Just Missed Earnings - But Analysts Have Updated Their Models

Feb 14
Elopak ASA Just Missed Earnings - But Analysts Have Updated Their Models
User avatar

Shift To Sustainable Packaging Will Align With Global Trends And Strengthen Market Position

Strategic focus on sustainable packaging aligns with global trends, enhancing market share and potentially improving margins through eco-friendly pricing power.

Are Investors Undervaluing Elopak ASA (OB:ELO) By 40%?

Feb 10
Are Investors Undervaluing Elopak ASA (OB:ELO) By 40%?

Elopak ASA's (OB:ELO) Business Is Yet to Catch Up With Its Share Price

Jan 23
Elopak ASA's (OB:ELO) Business Is Yet to Catch Up With Its Share Price

Elopak ASA Just Missed Earnings - But Analysts Have Updated Their Models

Nov 02
Elopak ASA Just Missed Earnings - But Analysts Have Updated Their Models

Elopak's (OB:ELO) Returns On Capital Are Heading Higher

Oct 22
Elopak's (OB:ELO) Returns On Capital Are Heading Higher

Risks To Shareholder Returns Are Elevated At These Prices For Elopak ASA (OB:ELO)

Sep 14
Risks To Shareholder Returns Are Elevated At These Prices For Elopak ASA (OB:ELO)

Here's What Analysts Are Forecasting For Elopak ASA (OB:ELO) After Its Second-Quarter Results

Aug 18
Here's What Analysts Are Forecasting For Elopak ASA (OB:ELO) After Its Second-Quarter Results

Returns On Capital Are Showing Encouraging Signs At Elopak (OB:ELO)

Jul 18
Returns On Capital Are Showing Encouraging Signs At Elopak (OB:ELO)

Is Elopak (OB:ELO) Using Too Much Debt?

May 13
Is Elopak (OB:ELO) Using Too Much Debt?

Elopak (OB:ELO) Is Increasing Its Dividend To €1.46

Apr 22
Elopak (OB:ELO) Is Increasing Its Dividend To €1.46

Shareholders Can Be Confident That Elopak's (OB:ELO) Earnings Are High Quality

Apr 18
Shareholders Can Be Confident That Elopak's (OB:ELO) Earnings Are High Quality

Elopak (OB:ELO) Has Announced That It Will Be Increasing Its Dividend To €1.46

Feb 26
Elopak (OB:ELO) Has Announced That It Will Be Increasing Its Dividend To €1.46

Elopak (OB:ELO) Is Looking To Continue Growing Its Returns On Capital

Feb 21
Elopak (OB:ELO) Is Looking To Continue Growing Its Returns On Capital

Is Elopak (OB:ELO) Using Too Much Debt?

Jan 25
Is Elopak (OB:ELO) Using Too Much Debt?

Elopak (OB:ELO) Might Have The Makings Of A Multi-Bagger

Nov 03
Elopak (OB:ELO) Might Have The Makings Of A Multi-Bagger

Shareholder Returns

ELONO PackagingNO Market
7D1.0%1.3%1.9%
1Y-16.7%-20.2%26.4%

Return vs Industry: ELO exceeded the Norwegian Packaging industry which returned -19.9% over the past year.

Return vs Market: ELO underperformed the Norwegian Market which returned 26% over the past year.

Price Volatility

Is ELO's price volatile compared to industry and market?
ELO volatility
ELO Average Weekly Movement7.4%
Packaging Industry Average Movement5.2%
Market Average Movement5.3%
10% most volatile stocks in NO Market11.6%
10% least volatile stocks in NO Market3.3%

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

Volatility Over Time: ELO's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19572,343n/awww.elopak.com

Elopak ASA manufactures and supplies paper-based packaging system solutions for liquid products in Europe, the Middle East, Africa, Asia, Americas, Germany, Canada, Netherlands, Norway, the United States, and internationally. It offers Pure-Pak cartons for chilled and aseptic liquid food; D-PAK cartons for non food products for personal and home care; and filling equipment. The company also provides roll fed packaging material, as well as research and development support, after sales, technical training, and maintenance support services.

Elopak ASA Fundamentals Summary

How do Elopak's earnings and revenue compare to its market cap?
ELO fundamental statistics
Market capNOK 9.62b
Earnings (TTM)NOK 667.51m
Revenue (TTM)NOK 13.07b
14.4x
P/E Ratio
0.7x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ELO income statement (TTM)
Revenue€1.21b
Cost of Revenue€747.91m
Gross Profit€457.68m
Other Expenses€396.12m
Earnings€61.56m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

May 05, 2026

Earnings per share (EPS)0.23
Gross Margin37.96%
Net Profit Margin5.11%
Debt/Equity Ratio93.7%

How did ELO perform over the long term?

See historical performance and comparison

Dividends

4.0%
Current Dividend Yield
58%
Payout Ratio

Does ELO pay a reliable dividends?

See ELO dividend history and benchmarks
When do you need to buy ELO by to receive an upcoming dividend?
Elopak dividend dates
Ex Dividend DateMay 15 2026
Dividend Pay DateMay 27 2026
Days until Ex dividend10 days
Days until Dividend pay date22 days

Does ELO pay a reliable dividends?

See ELO dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/04 07:14
End of Day Share Price 2026/05/04 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

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 6 analysts. 3 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
Elliott Geoffrey JonesDanske Bank
Niclas GehinDNB Carnegie