Valuation Elkem ASA Börse Stuttgart

Stocks

Real-time Estimate Tradegate 10:43:39 2026-09-18 EDT			5-day change	1st Jan Change
3.218 ^EUR	-1.05%		-3.84%	+29.25%

09-10	Pareto Securities raises its target price for Elkem to 46 Norwegian kroner (40), reiterates buy	FW
07-13	SB1 Markets raises Elkem price target to 37 Norwegian kroner (35), 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	12,805	-	-
Change	-	18.59%	-39.94%	-17.17%	73.99%	-33.76%	-	-
Enterprise Value (EV) ¹	23,660	24,949	22,863	21,438	31,214	19,124	17,864	17,048
Change	-	5.45%	-8.36%	-6.23%	45.6%	-38.73%	-6.59%	-4.57%
P/E	4.01x	2.34x	192x	22.8x	-29x	-50.5x	10x	7.52x
PBR	0.95x	0.78x	0.55x	0.43x	0.8x	1.24x	0.97x	0.9x
PEG	-	0x	-1.9x	0x	0x	1.5x	-0x	0.2x
Capitalization / Revenue	0.56x	0.49x	0.38x	0.34x	0.63x	0.82x	0.73x	0.69x
EV / Revenue	0.7x	0.54x	0.64x	0.65x	1.01x	1.23x	1.02x	0.92x
EV / EBITDA	3.04x	1.94x	6.06x	5.17x	9.07x	9.42x	5.49x	4.5x
EV / EBIT	4.01x	2.01x	13.6x	16.6x	44.7x	19.5x	7.94x	6.18x
EV / FCF	13.3x	4.75x	-12.4x	-16.4x	-27.3x	9.45x	17.2x	12.9x
FCF Yield	7.54%	21.1%	-8.09%	-6.08%	-3.66%	10.6%	5.81%	7.73%
Dividend per Share ²	3	6	-	-	-	-	1.332	2.042
Rate of return	10.1%	17%	-	-	-	-	3.77%	5.78%
EPS ²	7.44	15.04	0.11	0.77	-1.05	-0.7	3.519	4.694
Distribution rate	40.3%	39.9%	-	-	-	-	37.8%	43.5%
Net sales ¹	33,717	45,898	35,545	33,004	30,806	15,550	17,537	18,449
EBITDA ¹	7,791	12,887	3,771	4,146	3,440	2,030	3,254	3,787
EBIT ¹	5,899	12,414	1,682	1,294	699	978.4	2,250	2,758
Net income ¹	4,628	9,561	72	488	-668	-197	1,354	1,751
Net Debt ¹	4,827	2,615	9,450	10,327	11,883	6,319	5,059	4,243
Reference price ²	29.82	35.20	21.16	17.52	30.48	35.32	35.32	35.32
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.($)
WACKER CHEMIE AG	47.25x	0.85x	7.24x	0.52%	4.95B
HEXPOL AB	16.38x	1.8x	10.46x	4.33%	3.35B
NOLATO AB	18.74x	1.57x	9.51x	3.37%	1.45B
ELKEM ASA	-50.46x	1.23x	9.42x	-.--%	1.36B
ALLIED SUPREME CORP.	17.16x	2.88x	10.45x	3.22%	607M
STELLA CHEMIFA CORPORATION	17.35x	-	-	3.42%	412M
Average	11.07x	1.66x	9.42x	2.48%	2.02B
Weighted average by Cap.	21.84x	1.36x	8.86x	2.09%