E

Elopak ASA
OSE:ELO

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Elopak ASA
OSE:ELO
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Price: 47.9 NOK 0.95% Market Closed
Market Cap: 12.9B NOK

Relative Value

The Relative Value of one ELO stock under the Base Case scenario is 62.83 NOK. Compared to the current market price of 47.9 NOK, Elopak ASA is Undervalued by 24%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

ELO Relative Value
Base Case
62.83 NOK
Undervaluation 24%
Relative Value
Price
E
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
7
vs Industry
43
Median 3Y
0.6
Median 5Y
0.7
Industry
0.8
Forward
0.9
vs History
21
vs Industry
42
Median 3Y
12.6
Median 5Y
15.4
Industry
16.9
Forward
15.6
vs History
9
vs Industry
50
Median 3Y
6.8
Median 5Y
6.7
Industry
9.3
vs History
33
vs Industry
23
Median 3Y
23.2
Median 5Y
20.7
Industry
15.3
vs History
7
vs Industry
15
Median 3Y
2.3
Median 5Y
2.3
Industry
1.2
vs History
7
vs Industry
36
Median 3Y
0.9
Median 5Y
0.9
Industry
1
Forward
1.2
vs History
7
vs Industry
59
Median 3Y
2.6
Median 5Y
2.6
Industry
4.4
vs History
17
vs Industry
46
Median 3Y
6.8
Median 5Y
7.2
Industry
8.7
Forward
8
vs History
39
vs Industry
41
Median 3Y
12.6
Median 5Y
13.4
Industry
13.3
Forward
13.1
vs History
17
vs Industry
43
Median 3Y
10.9
Median 5Y
9.3
Industry
10.7
vs History
vs Industry
10
Median 3Y
12.6
Median 5Y
14.7
Industry
15.5
vs History
5
vs Industry
29
Median 3Y
1.2
Median 5Y
1.2
Industry
1

Multiples Across Competitors

ELO Competitors Multiples
Elopak ASA Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
NO
Elopak ASA
OSE:ELO
12.9B NOK 0.9 19.4 8.8 14.7
US
Westrock Co
LSE:0LW9
1.3T USD 69 4 402.6 522.7 1 291.2
US
International Paper Co
NYSE:IP
26.6B USD 1.3 67.2 18.1 110.3
UK
Amcor PLC
NYSE:AMCR
22.2B USD 1.6 27.5 14.9 20.6
US
Packaging Corp of America
NYSE:PKG
18.2B USD 2.1 21.2 11.2 16.1
US
Avery Dennison Corp
NYSE:AVY
14.4B USD 1.6 20.6 11.7 14.9
IE
Smurfit Kappa Group PLC
F:SK3
10.6B EUR 0.9 13.9 6.5 9.4
UK
DS Smith PLC
LSE:SMDS
8B GBP 1.2 20.9 9.5 16.2
CH
SIG Group AG
SIX:SIGN
5.6B CHF 1.8 31 8.7 17.3
US
Graphic Packaging Holding Co
NYSE:GPK
6.6B USD 0.8 10.7 7.6 11.4
US
Sealed Air Corp
NYSE:SEE
4.8B USD 0.9 16.1 8.5 11
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
NO
E
Elopak ASA
OSE:ELO
Average EV/EBITDA: 57.1
8.8
10%
0.9
US
W
Westrock Co
LSE:0LW9
522.7
6%
87.1
US
International Paper Co
NYSE:IP
18.1
41%
0.4
UK
Amcor PLC
NYSE:AMCR
14.9
27%
0.6
US
Packaging Corp of America
NYSE:PKG
11.2
7%
1.6
US
Avery Dennison Corp
NYSE:AVY
11.7
5%
2.3
IE
S
Smurfit Kappa Group PLC
F:SK3
6.5
5%
1.3
UK
DS Smith PLC
LSE:SMDS
9.5
4%
2.4
CH
SIG Group AG
SIX:SIGN
8.7
6%
1.5
US
Graphic Packaging Holding Co
NYSE:GPK
7.6
0%
N/A
US
Sealed Air Corp
NYSE:SEE
8.5
5%
1.7
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
NO
E
Elopak ASA
OSE:ELO
Average EV/EBIT: 139.4
14.7
14%
1
US
W
Westrock Co
LSE:0LW9
1 291.2
13%
99.3
US
International Paper Co
NYSE:IP
110.3
87%
1.3
UK
Amcor PLC
NYSE:AMCR
20.6
31%
0.7
US
Packaging Corp of America
NYSE:PKG
16.1
9%
1.8
US
Avery Dennison Corp
NYSE:AVY
14.9
6%
2.5
IE
S
Smurfit Kappa Group PLC
F:SK3
9.4
5%
1.9
UK
DS Smith PLC
LSE:SMDS
16.2
9%
1.8
CH
SIG Group AG
SIX:SIGN
17.3
15%
1.2
US
Graphic Packaging Holding Co
NYSE:GPK
11.4
1%
11.4
US
Sealed Air Corp
NYSE:SEE
11
5%
2.2