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ELOP

ElopOB:ELOP Stock Report

Market Cap

kr432.0m

7D

1.2%

1Y

-32.2%

Updated

27 Sep, 2021

Data

Company Financials +
ELOP fundamental analysis
Snowflake Score
Valuation1/6
Future Growth2/6
Past Performance0/6
Financial Health5/6
Dividends0/6

ELOP Overview

Elop AS, a technology company, develops and commercializes tools and digital solutions to inspect, monitor, and manage infrastructure worldwide.

Price History & Performance

Summary of all time highs, changes and price drops for Elop
Historical stock prices
Current Share Pricekr4.65
52 Week Highkr4.40
52 Week Lowkr9.50
Beta0
1 Month Change-19.64%
3 Month Change-8.20%
1 Year Change-32.19%
3 Year Changen/a
5 Year Changen/a
Change since IPO-11.54%

Recent News & Updates

May 19
Calculating The Fair Value Of Elop AS (OB:ELOP)

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

ELOPNO ElectronicNO Market
7D1.2%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

Is ELOP's price volatile compared to industry and market?
ELOP volatility
ELOP Beta0
Industry Beta1.23
Market Beta1

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

FoundedEmployeesCEOWebsite
2013115Oivind Horpestadhttps://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

How do Elop's earnings and revenue compare to its market cap?
ELOP fundamental statistics
Market Capkr432.00m
Earnings (TTM)-kr57.07m
Revenue (TTM)kr4.25m

101.8x

P/S Ratio

-7.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ELOP income statement (TTM)
Revenuekr4.25m
Cost of Revenuekr2.09m
Gross Profitkr2.15m
Expenseskr59.22m
Earnings-kr57.07m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Nov 04, 2021

Earnings per share (EPS)-0.61
Gross Margin50.72%
Net Profit Margin-1,344.08%
Debt/Equity Ratio4.4%

How did ELOP perform over the long term?

See historical performance and comparison

Valuation

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/27 21:25
End of Day Share Price2021/09/27 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.