| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 5/6 |
| Past Performance | 0/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
ELABS Stock Overview
Elliptic Laboratories ASA, an artificial intelligence (AI) software company, provides AI virtual smart sensors for the smartphone, laptop, Internet of Things, and automotive industries.
Elliptic Laboratories Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | kr20.40 |
| 52 Week High | kr29.50 |
| 52 Week Low | kr16.08 |
| Beta | 0 |
| 1 Month Change | 13.59% |
| 3 Month Change | 10.27% |
| 1 Year Change | -27.01% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | 32.90% |
Recent News & Updates
Shareholder Returns
| ELABS | NO Software | NO Market | |
|---|---|---|---|
| 7D | 7.6% | -5.9% | 1.9% |
| 1Y | -27.0% | -39.0% | 9.8% |
Return vs Industry: ELABS exceeded the Norwegian Software industry which returned -39.1% over the past year.
Return vs Market: ELABS underperformed the Norwegian Market which returned 8.7% over the past year.
Price Volatility
| ELABS volatility | |
|---|---|
| ELABS Average Weekly Movement | 5.7% |
| Software Industry Average Movement | 10.2% |
| Market Average Movement | 6.8% |
| 10% most volatile stocks in NO Market | 12.5% |
| 10% least volatile stocks in NO Market | 3.7% |
Stable Share Price: ELABS is not significantly more volatile than the rest of Norwegian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: ELABS's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2006 | 70 | Laila Danielsen | https://www.ellipticlabs.com |
Elliptic Laboratories ASA, an artificial intelligence (AI) software company, provides AI virtual smart sensors for the smartphone, laptop, Internet of Things, and automotive industries. The company offers AI Virtual Presence Sensor, a presence-detection solution used to improve the security of data stored on laptops; AI Virtual Proximity Sensor that enables exquisite full-screen devices; 3D touchless gesture support service; AI Virtual Gesture Sensor, a touch-free ultrasound gesture technology; AI Virtual Presence Sensor, which delivers presence-sensing capabilities to various devices that possesses a speaker, microphone, and audio processor; and AI Virtual Connection Sensor that allows to pair and authenticate smart devices in the same room. It serves in Norway, China, Taiwan, South Korea, the United States, and Japan.
Elliptic Laboratories Fundamentals Summary
| ELABS fundamental statistics | |
|---|---|
| Market Cap | kr2.12b |
| Earnings (TTM) | -kr18.41m |
| Revenue (TTM) | kr63.21m |
33.6x
P/S Ratio-115.3x
P/E RatioIs ELABS overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ELABS income statement (TTM) | |
|---|---|
| Revenue | kr63.21m |
| Cost of Revenue | kr61.92m |
| Gross Profit | kr1.29m |
| Other Expenses | kr19.71m |
| Earnings | -kr18.41m |
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
Nov 17, 2022
| Earnings per share (EPS) | -0.18 |
| Gross Margin | 2.04% |
| Net Profit Margin | -29.13% |
| Debt/Equity Ratio | 3.6% |
How did ELABS perform over the long term?
See historical performance and comparisonValuation
Is ELABS undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
0/6Valuation Score 0/6
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Analyst Forecast
Key Valuation Metric
Which metric is best to use when looking at relative valuation for ELABS?
Other financial metrics that can be useful for relative valuation.
| What is ELABS's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | kr2.12b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 30.4x |
| Enterprise Value/EBITDA | -75.9x |
| PEG Ratio | n/a |
Price to Sales Ratio vs Peers
How does ELABS's PS Ratio compare to its peers?
| ELABS PS Ratio vs Peers |
|---|
| Company | PS | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 4.8x | ||
PEXIP Pexip Holding | 1.7x | 14.4% | kr1.5b |
SIKRI Sikri Holding | 2.5x | n/a | kr1.5b |
SMCRT SmartCraft | 10.8x | 15.2% | kr3.1b |
MRCEL Mercell Holding | 4.2x | 12.7% | kr3.2b |
ELABS Elliptic Laboratories | 33.6x | 100.6% | kr2.1b |
Price-To-Sales vs Peers: ELABS is expensive based on its Price-To-Sales Ratio (33.6x) compared to the peer average (4.8x).
Price to Earnings Ratio vs Industry
How does ELABS's PE Ratio compare vs other companies in the NO Software Industry?
Price-To-Sales vs Industry: ELABS is expensive based on its Price-To-Sales Ratio (33.6x) compared to the Norwegian Software industry average (3x)
Price to Sales Ratio vs Fair Ratio
What is ELABS's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PS Ratio | 33.6x |
| Fair PS Ratio | 22.6x |
Price-To-Sales vs Fair Ratio: ELABS is expensive based on its Price-To-Sales Ratio (33.6x) compared to the estimated Fair Price-To-Sales Ratio (22.6x).
Share Price vs Fair Value
What is the Fair Price of ELABS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: Insufficient data to calculate ELABS's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate ELABS's fair value for valuation analysis.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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Future Growth
How is Elliptic Laboratories forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Future Growth Score
5/6Future Growth Score 5/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
193.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ELABS is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.1%).
Earnings vs Market: ELABS is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: ELABS is expected to become profitable in the next 3 years.
Revenue vs Market: ELABS's revenue (100.6% per year) is forecast to grow faster than the Norwegian market (-0.9% per year).
High Growth Revenue: ELABS's revenue (100.6% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if ELABS's Return on Equity is forecast to be high in 3 years time
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Past Performance
How has Elliptic Laboratories performed over the past 5 years?
Past Performance Score
0/6Past Performance Score 0/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
27.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ELABS is currently unprofitable.
Growing Profit Margin: ELABS is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ELABS is unprofitable, but has reduced losses over the past 5 years at a rate of 27.1% per year.
Accelerating Growth: Unable to compare ELABS's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ELABS is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (13.5%).
Return on Equity
High ROE: ELABS has a negative Return on Equity (-5.55%), as it is currently unprofitable.
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Financial Health
How is Elliptic Laboratories's financial position?
Financial Health Score
5/6Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: ELABS's short term assets (NOK241.4M) exceed its short term liabilities (NOK15.3M).
Long Term Liabilities: ELABS's short term assets (NOK241.4M) exceed its long term liabilities (NOK8.5M).
Debt to Equity History and Analysis
Debt Level: ELABS has more cash than its total debt.
Reducing Debt: Insufficient data to determine if ELABS's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: ELABS has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: ELABS has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 23.1% each year
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Dividend
What is Elliptic Laboratories's current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ELABS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ELABS's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ELABS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ELABS's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as ELABS has not reported any payouts.
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Management
How experienced are the management team and are they aligned to shareholders interests?
5.4yrs
Average management tenure
CEO
Laila Danielsen
9.17yrs
Tenure
Ms. Laila B. Danielsen serves as Chief Executive Officer and President of Elliptic Laboratories AS. Ms. Danielsen served as Vice President of sales at HotLink Corporation. Ms. Danielsen served as Vice Pres...
Leadership Team
Experienced Management: ELABS's management team is seasoned and experienced (5.4 years average tenure).
Board Members
Experienced Board: ELABS's board of directors are considered experienced (8.1 years average tenure).
Ownership
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
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 8.5%.
Top Shareholders
Company Information
Elliptic Laboratories ASA's employee growth, exchange listings and data sources
Key Information
- Name: Elliptic Laboratories ASA
- Ticker: ELABS
- Exchange: OB
- Founded: 2006
- Industry: Application Software
- Sector: Software
- Implied Market Cap: kr2.123b
- Shares outstanding: 104.05m
- Website: https://www.ellipticlabs.com
Number of Employees
Location
- Elliptic Laboratories ASA
- Akersgata 32
- Oslo
- Oslo
- 180
- Norway
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/08/11 00:00 |
| End of Day Share Price | 2022/08/11 00:00 |
| Earnings | 2022/06/30 |
| Annual Earnings | 2021/12/31 |
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.