ELMRA Stock Overview
Elmera Group ASA, together with its subsidiaries, engages in the purchase, sale, and portfolio management of electrical power to households, private and public companies, and municipalities in Norway.
Elmera Group Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||kr22.70|
|52 Week High||kr57.95|
|52 Week Low||kr17.13|
|1 Month Change||15.05%|
|3 Month Change||3.28%|
|1 Year Change||-53.96%|
|3 Year Change||-50.11%|
|5 Year Change||n/a|
|Change since IPO||-26.77%|
Recent News & Updates
Some Analysts Just Cut Their Elmera Group ASA (OB:ELMRA) Estimates
Market forces rained on the parade of Elmera Group ASA ( OB:ELMRA ) shareholders today, when the analysts downgraded...
|ELMRA||NO Electric Utilities||NO Market|
Return vs Industry: ELMRA underperformed the Norwegian Electric Utilities industry which returned -3% over the past year.
Return vs Market: ELMRA underperformed the Norwegian Market which returned 9.8% over the past year.
|ELMRA Average Weekly Movement||5.9%|
|Electric Utilities Industry Average Movement||5.2%|
|Market Average Movement||6.7%|
|10% most volatile stocks in NO Market||12.4%|
|10% least volatile stocks in NO Market||3.7%|
Stable Share Price: ELMRA is not significantly more volatile than the rest of Norwegian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: ELMRA's weekly volatility (6%) has been stable over the past year.
About the Company
Elmera Group ASA, together with its subsidiaries, engages in the purchase, sale, and portfolio management of electrical power to households, private and public companies, and municipalities in Norway. It operates through Consumer, Business, and Nordic segments. The Consumer segment sells electrical power and related services to private consumers.
Elmera Group Fundamentals Summary
|ELMRA fundamental statistics|
Is ELMRA overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ELMRA income statement (TTM)|
|Cost of Revenue||kr16.05b|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
Aug 18, 2022
|Earnings per share (EPS)||2.93|
|Net Profit Margin||1.79%|
How did ELMRA perform over the long term?See historical performance and comparison
15.4%Current Dividend Yield
Is ELMRA undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 5/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for ELMRA?
Other financial metrics that can be useful for relative valuation.
|What is ELMRA's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does ELMRA's PE Ratio compare to its peers?
|ELMRA PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
1713 Sichuan Energy Investment Development
ODAS Odas Elektrik Üretim Sanayi Ticaret
AYEN Ayen Enerji
GNE Genie Energy
ELMRA Elmera Group
Price-To-Earnings vs Peers: ELMRA is good value based on its Price-To-Earnings Ratio (7.7x) compared to the peer average (8.1x).
Price to Earnings Ratio vs Industry
How does ELMRA's PE Ratio compare vs other companies in the European Electric Utilities Industry?
Price-To-Earnings vs Industry: ELMRA is good value based on its Price-To-Earnings Ratio (7.7x) compared to the European Electric Utilities industry average (11x)
Price to Earnings Ratio vs Fair Ratio
What is ELMRA's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||7.7x|
|Fair PE Ratio||25.4x|
Price-To-Earnings vs Fair Ratio: ELMRA is good value based on its Price-To-Earnings Ratio (7.7x) compared to the estimated Fair Price-To-Earnings Ratio (25.4x).
Share Price vs Fair Value
What is the Fair Price of ELMRA when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: ELMRA (NOK22.7) is trading below our estimate of fair value (NOK140.54)
Significantly Below Fair Value: ELMRA is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is less than 20% higher than the current share price.
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How is Elmera Group forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Future Growth Score3/6
Future Growth Score 3/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ELMRA's forecast earnings growth (5.1% per year) is above the savings rate (1.1%).
Earnings vs Market: ELMRA's earnings (5.1% per year) are forecast to grow faster than the Norwegian market (0.2% per year).
High Growth Earnings: ELMRA's earnings are forecast to grow, but not significantly.
Revenue vs Market: ELMRA's revenue (1% per year) is forecast to grow faster than the Norwegian market (-1% per year).
High Growth Revenue: ELMRA's revenue (1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ELMRA's Return on Equity is forecast to be low in 3 years time (17.1%).
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How has Elmera Group performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ELMRA has high quality earnings.
Growing Profit Margin: ELMRA's current net profit margins (1.8%) are lower than last year (5.1%).
Past Earnings Growth Analysis
Earnings Trend: ELMRA's earnings have grown by 9.1% per year over the past 5 years.
Accelerating Growth: ELMRA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ELMRA had negative earnings growth (-8.9%) over the past year, making it difficult to compare to the Electric Utilities industry average (6.5%).
Return on Equity
High ROE: ELMRA's Return on Equity (15.7%) is considered low.
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How is Elmera Group's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: ELMRA's short term assets (NOK7.9B) exceed its short term liabilities (NOK7.3B).
Long Term Liabilities: ELMRA's short term assets (NOK7.9B) exceed its long term liabilities (NOK1.8B).
Debt to Equity History and Analysis
Debt Level: ELMRA has more cash than its total debt.
Reducing Debt: Insufficient data to determine if ELMRA's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ELMRA's debt is well covered by operating cash flow (152.8%).
Interest Coverage: ELMRA's interest payments on its debt are well covered by EBIT (18.7x coverage).
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What is Elmera Group current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ELMRA's dividend (15.42%) is higher than the bottom 25% of dividend payers in the Norwegian market (2.64%).
High Dividend: ELMRA's dividend (15.42%) is in the top 25% of dividend payers in the Norwegian market (6.78%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, ELMRA has been paying a dividend for less than 10 years.
Growing Dividend: ELMRA's dividend payments have increased, but the company has only paid a dividend for 3 years.
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (125.5%), ELMRA's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (28%), ELMRA's dividend payments are well covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Rolf Barmen (58 yo)
Mr. Rolf Barmen has been the Chief Executive Officer at Elmera Group ASA (formerly known as Fjordkraft Holding ASA) since 2013 and serves as its President. Mr. Barmen has been Chairman of Trondheim Kraft A...
CEO Compensation Analysis
Compensation vs Market: Rolf's total compensation ($USD560.34K) is about average for companies of similar size in the Norwegian market ($USD466.78K).
Compensation vs Earnings: Rolf's compensation has been consistent with company performance over the past year.
Experienced Management: ELMRA's management team is considered experienced (3.5 years average tenure).
Experienced Board: ELMRA's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Elmera Group ASA's employee growth, exchange listings and data sources
- Name: Elmera Group ASA
- Ticker: ELMRA
- Exchange: OB
- Founded: 2001
- Industry: Electric Utilities
- Sector: Utilities
- Implied Market Cap: kr2.466b
- Shares outstanding: 108.63m
- Website: https://www.fjordkraft.no
Number of Employees
- Elmera Group ASA
- Folke Bernadottes Vei 38
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/12 00:00|
|End of Day Share Price||2022/08/12 00:00|
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.