-1.32%
-8.68%
-7.86%
5.26%
37.06%
82.44%
46.61%
AI Spotlight on ELO
Company Description
Elopak ASA manufactures and supplies paper-based packaging solutions for liquid food in Norway and internationally.It offers Pure-Pak cartons for chilled and ambient applications; chilled and ambient beverages; filling chilled and ambient equipment, and distribution packaging products.It also provides packaging solutions for detergent, fabric softener, and hand wash products.
In addition, the company offers standard flexo, super flexo, UV-flexo, and offset litho printing services, as well as digital print proofs and machine print proofs on paper board.Further, it provides machine and equipment through online webshop.Elopak ASA was founded in 1957 and is based in Oslo, Norway.
Market Data
| Last Price | 41.05 |
| Change Percentage | -1.32% |
| Open | 41.7 |
| Previous Close | 41.6 |
| Market Cap ( Millions) | 11040 |
| Volume | 51244 |
| Year High | 47.9 |
| Year Low | 27.35 |
| M A 50 | 43.63 |
| M A 200 | 40.57 |
Financial Ratios
| FCF Yield | 12.22% |
| Dividend Yield | 3.56% |
| ROE | 20.78% |
| Debt / Equity | 122.62% |
| Net Debt / EBIDTA | 216.61% |
| Price To Book | 2.94 |
| Price Earnings Ratio | 14.23 |
| Price To FCF | 8.18 |
| Price To sales | 0.81 |
| EV / EBITDA | 7.66 |
News
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Cartons and Closures
Expected Growth : 2.5 %
What the company do ?
Cartons and Closures from Elopak ASA refer to sustainable packaging solutions for food and beverages, offering eco-friendly cartons and closures for a reduced environmental impact.
Why we expect these perspectives ?
Elopak ASA's Cartons and Closures segment growth of 2.5% is driven by increasing demand for sustainable packaging, expansion in emerging markets, and rising adoption of aseptic packaging in the food and beverage industry. Additionally, growing consumer preference for eco-friendly products and increasing focus on reducing carbon footprint contribute to the segment's growth.
Segment n°2 -> Equipment
Expected Growth : 2.8 %
What the company do ?
Elopak ASA's equipment refers to their innovative packaging machinery and filling lines for aseptic cartons, providing efficient and sustainable packaging solutions for the food and beverage industry.
Why we expect these perspectives ?
Elopak ASA's equipment segment growth of 2.8% is driven by increasing demand for sustainable packaging solutions, expansion into emerging markets, and rising adoption of aseptic packaging technology in the food and beverage industry. Additionally, growing consumer preference for eco-friendly products and government regulations promoting environmentally friendly practices contribute to the segment's growth.
Segment n°3 -> Service
Expected Growth : 3.2 %
What the company do ?
Elopak ASA provides sustainable packaging solutions, offering eco-friendly cartons for milk, juice, and other liquid food products, promoting environmentally responsible packaging.
Why we expect these perspectives ?
Elopak ASA's 3.2% growth in service segment is driven by increasing demand for sustainable packaging, expansion into emerging markets, and strategic partnerships. Additionally, the company's focus on innovation, such as the development of eco-friendly cartons, has contributed to its growth. Furthermore, the rising trend of e-commerce and online shopping has led to an increase in demand for convenient and sustainable packaging solutions.
Segment n°4 -> Other
Expected Growth : 2.2 %
What the company do ?
Elopak ASA's 'Other' segment includes revenue from the sale of packaging equipment, spare parts, and services to dairy and non-dairy customers.
Why we expect these perspectives ?
Elopak ASA's 2.2% growth is driven by increasing demand for sustainable packaging, expansion into emerging markets, and strategic partnerships. The company's focus on eco-friendly solutions resonates with environmentally conscious consumers, while its innovative products and efficient manufacturing processes support margin growth.
Elopak Asa Products
| Product Range | What is it ? |
|---|---|
| Pure-Pak Cartons | Elopak's Pure-Pak cartons are a sustainable and eco-friendly packaging solution for dairy and non-dairy products, offering a unique combination of convenience, protection, and freshness. |
| Elopak Gable Top Cartons | Elopak's Gable Top cartons are a popular choice for packaging milk, juice, and other liquid dairy products, offering a convenient and resealable packaging solution. |
| Aseptic Cartons | Elopak's Aseptic cartons are a sterile and hermetically sealed packaging solution for dairy and non-dairy products, ensuring product safety and extended shelf life. |
| Sustainable Packaging Solutions | Elopak's sustainable packaging solutions are designed to reduce environmental impact, using eco-friendly materials and minimizing waste, while maintaining product quality and freshness. |
| Customized Packaging Solutions | Elopak's customized packaging solutions cater to specific customer needs, offering tailored packaging designs, sizes, and materials to meet unique product requirements. |
Elopak ASA's Porter Forces
Threat Of Substitutes
The threat of substitutes for Elopak ASA is moderate, as there are some alternatives to carton packaging, but they are not widely adopted yet.
Bargaining Power Of Customers
The bargaining power of customers is low, as Elopak ASA has a diverse customer base and no single customer accounts for a significant portion of its revenue.
Bargaining Power Of Suppliers
The bargaining power of suppliers is moderate, as Elopak ASA relies on a few large suppliers for its raw materials, but it also has some flexibility to switch suppliers if needed.
Threat Of New Entrants
The threat of new entrants is low, as entering the carton packaging industry requires significant capital investment and expertise, which creates a barrier to entry.
Intensity Of Rivalry
The intensity of rivalry is high, as the carton packaging industry is highly competitive, with several established players competing for market share.
Strength
Capital Structure
| Value | |
|---|---|
| Debt Weight | 53.00% |
| Debt Cost | 7.07% |
| Equity Weight | 47.00% |
| Equity Cost | 7.07% |
| WACC | 7.07% |
| Leverage | 112.75% |
Elopak ASA : Quality Control
Elopak ASA passed 6 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| VETN.SW | Vetropack Holding AG, together with its subsidiaries, engages in the development, production, and sale of glass packaging products for the food and beverage industry. It offers glass bottles and jars. … |
| TFF.PA | TFF Group manufactures and distributes barrels and wood products for the aging of wines, spirits, and alcohols in France, rest of Europe, Australasia, the United States, and internationally. The company … |
| MACF.L | Macfarlane Group PLC, through its subsidiaries, designs, manufactures, and distributes protective packaging products to businesses. The company operates through Packaging Distribution and Manufacturing Operations segments. The Packaging Distribution segment distributes … |
| ZV.MI | Zignago Vetro S.p.A., together with its subsidiaries, engages in the production, marketing, and sale of hollow glass containers in Italy, rest of Europe, and internationally. The company offers glass containers … |
| ALGIL.PA | Groupe Guillin S.A. produces and sells food packaging products in France and internationally. It offers bags, lace, scalloped and gold holders, liners, trays, sealable trays, round containers with separate and … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Elopak
A-Score
1-Year Total Return ->
🥈
Macfarlane
A-Score
1-Year Total Return ->
🥉
Guillin
A-Score
1-Year Total Return ->
4
Zignago Vetro
A-Score
1-Year Total Return ->
5
Vetropack Holding
A-Score
1-Year Total Return ->
6
