OB:ELOP

Stock Analysis Report

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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

ELOPIndustryMarket
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 Yearn/a119.2%114.3%45.1%39.7%
3 Yearn/a-31.6%-33.0%19.5%5.7%
5 Yearn/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

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

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

NamePositionTenureCompensationOwnership
Oivind Horpestad
Executive Chairman & Group CEO0.083yrno data10.52%
NOK 53.2m
Kjersti Kanne
Chief Executive Officer2.17yrsno datano data
Torbjørn Blom-Hagen
Chief Financial Officer2.17yrsno data0.28%
NOK 1.4m
Imran Tamboli
Chief Technology Officer0.083yrno datano data
Per Haug
Director of Business Development & Sales1.17yrsno datano data
Erik Leung
Chief Product Officer0.083yrno datano 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

NamePositionTenureCompensationOwnership
Oivind Horpestad
Executive Chairman & Group CEO0.083yrno data10.52%
NOK 53.2m
Lars Nilsen
Director1.17yrsno datano data
Erik Langaker
Director1.17yrsno datano data
Kristian Lundkvist
Director2.17yrsno data7.22%
NOK 36.5m
Ketil Skaget
Director5.17yrsno datano data
Benedicte Taugbøl
Director Digital Solutionsno datano data0.12%
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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ELOPOB (Oslo Bors)YesShare CapitalNONOKJul 2020
72GBST (Boerse-Stuttgart)YesShare CapitalDEEURJul 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/08 17:21
End of Day Share Price2021/03/08 00:00
EarningsN/A
Annual EarningsN/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.