ELOPAK ASA |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 33.8 NOK | -0.59% |
|
-2.45% | +12.48% |
| Feb. 15 | Elopak ASA Proposes Cash Dividend, Payable on or About May 28, 2024 | CI |
| Feb. 15 | Tranche Update on Elopak ASA (OB:ELO)'s Equity Buyback Plan announced on September 18, 2023. | CI |
Valuation
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 723.2 | 641.4 | 719.8 | 771.7 | - | - |
| Enterprise Value (EV) 1 | 964 | 1,033 | 1,052 | 1,127 | 1,112 | 1,100 |
| P/E ratio | 20.7 x | 59.6 x | 10.7 x | 12 x | 10.8 x | 10.6 x |
| Yield | 2.78% | 3.29% | 4.8% | 4.52% | 4.68% | 4.7% |
| Capitalization / Revenue | 0.77 x | 0.63 x | 0.64 x | 0.66 x | 0.62 x | 0.6 x |
| EV / Revenue | 1.03 x | 1.01 x | 0.93 x | 0.96 x | 0.89 x | 0.86 x |
| EV / EBITDA | 7.97 x | 8.65 x | 6.16 x | 6.54 x | 6.09 x | 5.76 x |
| EV / FCF | 26.9 x | -10.2 x | 8.4 x | 113 x | 18.2 x | 14.6 x |
| FCF Yield | 3.72% | -9.77% | 11.9% | 0.89% | 5.48% | 6.86% |
| Price to Book | 2.69 x | 2.47 x | - | 2.25 x | 2.04 x | 1.91 x |
| Nbr of stocks (in thousands) | 269,219 | 269,213 | 268,952 | 268,952 | - | - |
| Reference price 2 | 2.686 | 2.383 | 2.676 | 2.869 | 2.869 | 2.869 |
| Announcement Date | 2/23/22 | 2/21/23 | 2/15/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | - | 940.2 | 1,024 | 1,132 | 1,176 | 1,244 | 1,282 |
| EBITDA 1 | - | 120.9 | 119.4 | 170.9 | 172.3 | 182.5 | 191 |
| EBIT 1 | - | 64.47 | 55.48 | 109.5 | 106.5 | 111.4 | 116.5 |
| Operating Margin | - | 6.86% | 5.42% | 9.68% | 9.05% | 8.96% | 9.08% |
| Earnings before Tax (EBT) 1 | - | 49.98 | 46.41 | 84.88 | 82.96 | 95.81 | 98 |
| Net income 1 | 47.83 | 33.81 | 10.86 | 67.06 | 64.63 | 71.16 | 72 |
| Net margin | - | 3.6% | 1.06% | 5.92% | 5.5% | 5.72% | 5.61% |
| EPS 2 | 9.540 | 0.1300 | 0.0400 | 0.2500 | 0.2393 | 0.2655 | 0.2700 |
| Free Cash Flow 1 | - | 35.82 | -100.9 | 125.2 | 10 | 61 | 75.5 |
| FCF margin | - | 3.81% | -9.86% | 11.06% | 0.85% | 4.9% | 5.89% |
| FCF Conversion (EBITDA) | - | 29.62% | - | 73.28% | 5.8% | 33.42% | 39.53% |
| FCF Conversion (Net income) | - | 105.95% | - | 186.71% | 15.47% | 85.72% | 104.86% |
| Dividend per Share 2 | - | 0.0746 | 0.0785 | 0.1286 | 0.1296 | 0.1344 | 0.1350 |
| Announcement Date | 6/17/21 | 2/23/22 | 2/21/23 | 2/15/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 236.8 | 238.5 | 243.4 | 259.1 | 272 | 267.1 | 283.4 | 278.1 | 283.5 | 287.2 | 291 | 294 | 297 | 300 | 309 |
| EBITDA 1 | 31.75 | 22.09 | 26.96 | 25.3 | 32 | 35.94 | 40.97 | 41.55 | 48.33 | 40.02 | 42 | 44 | 44 | 45 | 46 |
| EBIT 1 | 17.57 | 7.981 | -14.74 | 16.47 | 13.65 | 18.2 | 24.66 | 25.49 | 32.27 | 24.91 | 27 | 28 | 26 | 26 | 27 |
| Operating Margin | 7.42% | 3.35% | -6.06% | 6.36% | 5.02% | 6.81% | 8.7% | 9.17% | 11.38% | 8.67% | 9.28% | 9.52% | 8.75% | 8.67% | 8.74% |
| Earnings before Tax (EBT) 1 | 14.4 | 4.111 | -13.83 | 14.56 | 17.27 | 15.68 | 18.13 | 24.71 | 26.73 | 15.31 | 20 | 21 | 19 | 18 | 20 |
| Net income 1 | 10.89 | -0.44 | -17.35 | - | 3.405 | 10.94 | 15.47 | 19.86 | 19.48 | 13.59 | 15 | 16 | 14 | 13 | 15 |
| Net margin | 4.6% | -0.18% | -7.13% | - | 1.25% | 4.1% | 5.46% | 7.14% | 6.87% | 4.73% | 5.15% | 5.44% | 4.71% | 4.33% | 4.85% |
| EPS | 0.0400 | - | -0.0600 | 0.0500 | 0.0100 | 0.0400 | 0.0600 | - | 0.0700 | 0.0500 | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 11/4/21 | 2/23/22 | 5/5/22 | 8/18/22 | 10/26/22 | 2/21/23 | 5/4/23 | 8/17/23 | 11/2/23 | 2/15/24 | - | - | - | - | - |
1EUR in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | 241 | 391 | 333 | 355 | 340 | 329 |
| Net Cash position 1 | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | 1.991 x | 3.278 x | 1.946 x | 2.06 x | 1.865 x | 1.72 x |
| Free Cash Flow 1 | - | 35.8 | -101 | 125 | 10 | 61 | 75.5 |
| ROE (net income / shareholders' equity) | - | 14.9% | 4.11% | - | 19.6% | 19.6% | 18% |
| ROA (Net income/ Total Assets) | - | 4.41% | 1.25% | - | 5.8% | 6.2% | 7% |
| Assets 1 | - | 766.2 | 869.9 | - | 1,114 | 1,148 | 1,029 |
| Book Value Per Share 2 | - | 1.000 | 0.9600 | - | 1.270 | 1.410 | 1.500 |
| Cash Flow per Share | - | 0.2800 | - | - | - | - | - |
| Capex 1 | - | 37.4 | 126 | 32 | 112 | 72 | 69 |
| Capex / Sales | - | 3.98% | 12.31% | 2.82% | 9.53% | 5.79% | 5.38% |
| Announcement Date | 6/17/21 | 2/23/22 | 2/21/23 | 2/15/24 | - | - | - |
1EUR in Million2EUR
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
3
Last Close Price
2.869
EUR
Average target price
2.93
EUR
Spread / Average Target
+2.13%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +12.48% | 827M | |
| +8.68% | 15.77B | |
| +16.91% | 12.47B | |
| -2.30% | 12.27B | |
| +13.94% | 11.35B | |
| +0.64% | 10.65B | |
| +12.90% | 8.52B | |
| -9.36% | 8.48B | |
| -2.22% | 7.94B | |
| +14.42% | 6.08B |
- Stock Market
- Equities
- ELO Stock
- Financials Elopak ASA
