Executive Summary
Elop AS, a technology company, develops and sells advanced tools, applications, and software solutions for inspection, monitoring, and management of concrete structures in Norway and internationally. More Details
Snowflake Analysis
Weak fundamentals or lack of information.
Share Price & News
How has Elop's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ELOP is not significantly more volatile than the rest of Norwegian stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: ELOP's weekly volatility (8%) has been stable over the past year.
Market Performance
7 Day Return
-3.4%
ELOP
-6.5%
NO Electronic
1.1%
NO Market
1 Year Return
n/a
ELOP
114.3%
NO Electronic
39.7%
NO Market
Return vs Industry: Insufficient data to determine how ELOP performed against the Norwegian Electronic industry.
Return vs Market: Insufficient data to determine how ELOP performed against the Norwegian Market.
Shareholder returns
| ELOP | Industry | Market | |
|---|---|---|---|
| 7 Day | -3.4% | -6.5% | 1.1% |
| 30 Day | -4.6% | 2.4% | 2.9% |
| 90 Day | -24.9% | 10.8% | 13.0% |
| 1 Year | n/a | 119.2%114.3% | 45.1%39.7% |
| 3 Year | n/a | -31.6%-33.0% | 19.5%5.7% |
| 5 Year | n/a | -58.5%-59.1% | 78.0%43.7% |
Long-Term Price Volatility Vs. Market
How volatile is Elop's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Elop undervalued compared to its fair value and its price relative to the market?
In this section, we usually try to help investors determine whether Elop is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Elop has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.
This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.
Next Steps
- Take a look at our analysis of ELOP's management and see if the CEO's compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don't know where to start, we recommend reading through Elop regulatory filings.
- Explore potentially undervalued companies in the Tech industry.
Future Growth
How is Elop forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
16.2%
Forecasted Tech industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Elop has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Take a look at our analysis of ELOP’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Elop competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Tech industry.
Past Performance
How has Elop performed over the past 5 years?
10.5%
Historical Tech annual earnings growth
In this section we usually display a company’s past earnings and revenues to help investors visualise the trend through time. We also gauge the company’s performance by benchmarking its returns and growth to its industry peers and the wider market. However, Elop has not provided sufficient past data to assess its track record.
This is quite a rare situation as 97% of companies covered by Simply Wall St do have historical data.
Next Steps
- When a company lacks a financial track record, its management’s track record becomes important. Corporate governance also plays an important role in a young business as board members are seen as highly-experienced leaders to help steer the company into the future. Take a look at Elop's management and board experience and expertise to assess their ability to deliver on their strategic promises.
- Explore strong past performing companies in the Tech industry.
Financial Health
How is Elop's financial position?
In this section we usually analyse Elop's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. Elop has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.
This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information.
Next Steps
- Take a look at our analysis of ELOP’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Investors tend to look at the financial health of a company this size in order to assess the sustainability of its current operations. Elop's cash and debt levels may be found in its annual reports archived here.
- Financial health is measured at one point in time, so the latest financial report is the best representation of the company’s current financial status. Check when Elop's financial data was last updated here.
- Explore more healthy companies in the Tech industry.
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 (51 yo)
0.083
Tenure
Mr. Oivind 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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman & Group CEO | 0.083yr | no data | 10.52% NOK 53.2m | |
| Chief Executive Officer | 2.17yrs | no data | no data | |
| Chief Financial Officer | 2.17yrs | no data | 0.28% NOK 1.4m | |
| Chief Technology Officer | 0.083yr | no data | no data | |
| Director of Business Development & Sales | 1.17yrs | no data | no data | |
| Chief Product Officer | 0.083yr | no data | no data |
0.6yrs
Average Tenure
51yo
Average Age
Experienced Management: ELOP's management team is not considered experienced ( 0.6 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman & Group CEO | 0.083yr | no data | 10.52% NOK 53.2m | |
| Director | 1.17yrs | no data | no data | |
| Director | 1.17yrs | no data | no data | |
| Director | 2.17yrs | no data | 7.22% NOK 36.5m | |
| Director | 5.17yrs | no data | no data | |
| Director Digital Solutions | no data | no data | 0.12% NOK 623.2k |
1.7yrs
Average Tenure
51.5yo
Average Age
Experienced Board: ELOP's board of directors are not considered experienced ( 1.7 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: ELOP insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: ELOP only recently listed within the past 12 months.
Top Shareholders
Company Information
Elop AS's company bio, 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: kr505.478m
- Shares outstanding: 70.30m
- Website: https://www.elop.no
Location
- Elop AS
- Nordvikvegen 50
- Hamar
- Hedmark
- 2316
- Norway
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| ELOP | OB (Oslo Bors) | Yes | Share Capital | NO | NOK | Jul 2020 |
| 72G | BST (Boerse-Stuttgart) | Yes | Share Capital | DE | EUR | Jul 2020 |
Biography
Elop AS, a technology company, develops and sells advanced tools, applications, and software solutions for inspection, monitoring, and management of concrete structures in Norway and internationally. It of...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/08 17:21 |
| End of Day Share Price | 2021/03/08 00:00 |
| Earnings | N/A |
| Annual Earnings | N/A |
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.