| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 2/6 |
| Past Performance | 0/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
ELOP Overview
Elop AS, a technology company, develops and commercializes tools and digital solutions to inspect, monitor, and manage infrastructure worldwide.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | kr4.65 |
| 52 Week High | kr4.40 |
| 52 Week Low | kr9.50 |
| Beta | 0 |
| 1 Month Change | -19.64% |
| 3 Month Change | -8.20% |
| 1 Year Change | -32.19% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -11.54% |
Recent News & Updates
Calculating The Fair Value Of Elop AS (OB:ELOP)
Today we will run through one way of estimating the intrinsic value of Elop AS ( OB:ELOP ) by taking the forecast...
Shareholder Returns
| ELOP | NO Electronic | NO Market | |
|---|---|---|---|
| 7D | 1.2% | 3.9% | 4.0% |
| 1Y | -32.2% | 31.3% | 25.1% |
Return vs Industry: ELOP underperformed the Norwegian Electronic industry which returned 31.3% over the past year.
Return vs Market: ELOP underperformed the Norwegian Market which returned 25.1% over the past year.
Price Volatility
| ELOP volatility | |
|---|---|
| ELOP Beta | 0 |
| Industry Beta | 1.23 |
| Market Beta | 1 |
Stable Share Price: ELOP is not significantly more volatile than the rest of Norwegian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: ELOP's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2013 | 115 | Oivind Horpestad | https://www.elop.no |
Elop AS, a technology company, develops and commercializes tools and digital solutions to inspect, monitor, and manage infrastructure worldwide. It offers Elop Insight, a rolling ultrasonic scanning solution for the inspection of various concrete structures, such as bridges, dams, tunnels, and buildings. The company was incorporated in 2013 and is headquartered in Hamar, Norway.
Elop Fundamentals Summary
| ELOP fundamental statistics | |
|---|---|
| Market Cap | kr432.00m |
| Earnings (TTM) | -kr57.07m |
| Revenue (TTM) | kr4.25m |
101.8x
P/S Ratio-7.6x
P/E RatioIs ELOP overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ELOP income statement (TTM) | |
|---|---|
| Revenue | kr4.25m |
| Cost of Revenue | kr2.09m |
| Gross Profit | kr2.15m |
| Expenses | kr59.22m |
| Earnings | -kr57.07m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Nov 04, 2021
| Earnings per share (EPS) | -0.61 |
| Gross Margin | 50.72% |
| Net Profit Margin | -1,344.08% |
| Debt/Equity Ratio | 4.4% |
How did ELOP perform over the long term?
See historical performance and comparisonValuation
Is Elop undervalued compared to its fair value and its price relative to the market?
1.65x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate ELOP's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate ELOP's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: ELOP is unprofitable, so we can't compare its PE Ratio to the European Electronic industry average.
PE vs Market: ELOP is unprofitable, so we can't compare its PE Ratio to the Norwegian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ELOP's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ELOP is good value based on its PB Ratio (1.7x) compared to the NO Electronic industry average (4x).
Future Growth
How is Elop forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
36.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ELOP is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: ELOP is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: ELOP is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: ELOP's revenue (118% per year) is forecast to grow faster than the Norwegian market (5.5% per year).
High Growth Revenue: ELOP's revenue (118% 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 ELOP's Return on Equity is forecast to be high in 3 years time
Past Performance
How has Elop performed over the past 5 years?
-60.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ELOP is currently unprofitable.
Growing Profit Margin: ELOP is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ELOP is unprofitable, and losses have increased over the past 5 years at a rate of 60% per year.
Accelerating Growth: Unable to compare ELOP's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ELOP is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (30.6%).
Return on Equity
High ROE: ELOP has a negative Return on Equity (-21.81%), as it is currently unprofitable.
Financial Health
How is Elop's financial position?
Financial Position Analysis
Short Term Liabilities: ELOP's short term assets (NOK97.6M) exceed its short term liabilities (NOK31.6M).
Long Term Liabilities: ELOP's short term assets (NOK97.6M) exceed its long term liabilities (NOK18.0M).
Debt to Equity History and Analysis
Debt Level: ELOP's debt to equity ratio (4.4%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if ELOP'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: ELOP has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: ELOP has sufficient cash runway for 2.9 years if free cash flow continues to reduce at historical rates of 83.7% each year.
Dividend
What is Elop current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ELOP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ELOP'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 ELOP's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ELOP's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ELOP's dividend in 3 years as they are not forecast to pay a notable one for the Norwegian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
0.6yrs
Average management tenure
CEO
Oivind Horpestad (52 yo)
0.58
Tenure
Mr. Øivind Omar Horpestad serves as the Chairman of Board at Elop AS since July 2019 and serves as its Group Chief Executive Officer since February 18, 2021. Mr. Horpestad served as Chief Executive Officer...
Leadership Team
Experienced Management: ELOP's management team is not considered experienced ( 0.6 years average tenure), which suggests a new team.
Board Members
Experienced Board: ELOP's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.
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 32.3%.
Top Shareholders
Company Information
Elop AS's employee growth, exchange listings and data sources
Key Information
- Name: Elop AS
- Ticker: ELOP
- Exchange: OB
- Founded: 2013
- Industry: Electronic Equipment and Instruments
- Sector: Tech
- Market Cap: kr432.003m
- Shares outstanding: 93.00m
- Website: https://www.elop.no
Number of Employees
Location
- Elop AS
- Nordvikvegen 50
- Hamar
- Hedmark
- 2316
- Norway
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/09/27 21:25 |
| End of Day Share Price | 2021/09/27 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.