Valuation Elkem ASA

Stocks

Market Closed - Oslo Bors Other stock markets 10:45:00 2026-06-29 EDT			5-day change	1st Jan Change
30.78 ^NOK	-1.54%		-3.09%	+0.98%

06-10	Nordea resumes coverage of Elkem with Hold rating and NOK 34 price target	FW
06-09	Pareto Securities raises Elkem price target to NOK 40 (34), reiterates Buy	FW

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	18,833	22,334	13,413	11,111	19,331	11,333	-	-
Change	-	18.59%	-39.94%	-17.17%	73.99%	-41.37%	-	-
Enterprise Value (EV) ¹	23,660	24,949	22,863	21,438	31,214	17,692	17,077	16,693
Change	-	5.45%	-8.36%	-6.23%	45.6%	-43.32%	-3.48%	-2.25%
P/E	4.01x	2.34x	192x	22.8x	-29x	28x	8.93x	6.7x
PBR	0.95x	0.78x	0.55x	0.43x	0.8x	1.18x	1.05x	0.95x
PEG	-	0x	-1.9x	0x	0x	-0x	0x	0.2x
Capitalization / Revenue	0.56x	0.49x	0.38x	0.34x	0.63x	0.69x	0.62x	0.59x
EV / Revenue	0.7x	0.54x	0.64x	0.65x	1.01x	1.08x	0.93x	0.87x
EV / EBITDA	3.04x	1.94x	6.06x	5.17x	9.07x	9.01x	5.3x	4.39x
EV / EBIT	4.01x	2.01x	13.6x	16.6x	44.7x	19.6x	7.95x	6.26x
EV / FCF	13.3x	4.75x	-12.4x	-16.4x	-27.3x	15.2x	19.8x	14.8x
FCF Yield	7.54%	21.1%	-8.09%	-6.08%	-3.66%	6.58%	5.05%	6.77%
Dividend per Share ²	3	6	-	-	-	0.2133	1.358	2.12
Rate of return	10.1%	17%	-	-	-	0.68%	4.34%	6.78%
EPS ²	7.44	15.04	0.11	0.77	-1.05	1.116	3.501	4.668
Distribution rate	40.3%	39.9%	-	-	-	19.1%	38.8%	45.4%
Net sales ¹	33,717	45,898	35,545	33,004	30,806	16,334	18,386	19,221
EBITDA ¹	7,791	12,887	3,771	4,146	3,440	1,964	3,222	3,798
EBIT ¹	5,899	12,414	1,682	1,294	699	902.1	2,148	2,666
Net income ¹	4,628	9,561	72	488	-668	499.3	1,287	1,681
Net Debt ¹	4,827	2,615	9,450	10,327	11,883	6,359	5,744	5,360
Reference price ²	29.82	35.20	21.16	17.52	30.48	31.26	31.26	31.26
Nbr of stocks (in thousands)	631,546	634,477	633,890	634,169	634,219	362,548	-	-
Announcement Date	2/9/22	2/8/23	2/8/24	2/12/25	2/13/26	-	-	-

¹NOK in Million²NOK

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
ELKEM ASA	28.01x	1.08x	9.01x	0.68%	1.14B
WACKER CHEMIE AG	140.89x	0.96x	8.44x	0.53%	5.23B
HEXPOL AB	13.02x	1.47x	8.66x	5.73%	2.55B
NOLATO AB	16.65x	1.45x	8.63x	3.77%	1.34B
ALLIED SUPREME CORP.	13.83x	2.2x	6.34x	5.24%	527M
STELLA CHEMIFA CORPORATION	21.91x	-	-	2.71%	501M
Average	39.05x	1.43x	8.22x	3.11%	1.88B
Weighted average by Cap.	74.58x	1.22x	8.47x	2.43%