E

Elopak ASA
OSE:ELO

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Elopak ASA
OSE:ELO
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Price: 50.5 NOK 3.48% Market Closed
Market Cap: 13.6B NOK

Relative Value

The Relative Value of one ELO stock under the Base Case scenario is 67.38 NOK. Compared to the current market price of 50.5 NOK, Elopak ASA is Undervalued by 25%.

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
67.38 NOK
Undervaluation 25%
Relative Value
Price
E
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
8
vs Industry
43
Median 3Y
0.7
Median 5Y
0.7
Industry
0.8
Forward
1
vs History
23
vs Industry
42
Median 3Y
14
Median 5Y
16
Industry
16
Forward
18.5
vs History
33
vs Industry
50
Median 3Y
6.8
Median 5Y
6.8
Industry
8.3
vs History
42
vs Industry
23
Median 3Y
23
Median 5Y
21.2
Industry
15.2
vs History
7
vs Industry
15
Median 3Y
2.6
Median 5Y
2.4
Industry
1.2
vs History
10
vs Industry
36
Median 3Y
1
Median 5Y
1
Industry
1
Forward
1.3
vs History
17
vs Industry
59
Median 3Y
2.8
Median 5Y
2.7
Industry
4.5
vs History
25
vs Industry
46
Median 3Y
7.5
Median 5Y
7.5
Industry
8.6
Forward
8.2
vs History
44
vs Industry
41
Median 3Y
12.6
Median 5Y
13.6
Industry
12.8
Forward
13.3
vs History
46
vs Industry
43
Median 3Y
9.5
Median 5Y
9.4
Industry
9.9
vs History
17
vs Industry
10
Median 3Y
11.4
Median 5Y
17.2
Industry
14.5
vs History
3
vs Industry
29
Median 3Y
1.3
Median 5Y
1.3
Industry
1

Multiples Across Competitors

ELO Competitors Multiples
Elopak ASA Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
NO
Elopak ASA
OSE:ELO
13.6B NOK 1 21.7 8.6 14.3
US
Westrock Co
LSE:0LW9
1.3T USD 69 4 402.6 522.7 1 291.2
US
International Paper Co
NYSE:IP
20.4B USD 0.9 -15.9 12.3 -258
UK
Amcor PLC
NYSE:AMCR
18.9B USD 1.1 32.5 12.5 20.2
US
Packaging Corp of America
NYSE:PKG
18.4B USD 2.1 20.8 11.8 17
US
Avery Dennison Corp
NYSE:AVY
14.1B USD 1.6 20.4 11.6 14.9
UK
DS Smith PLC
LSE:SMDS
8B GBP 1.2 20.9 9.5 16.2
IE
Smurfit Kappa Group PLC
F:SK3
8.4B EUR 0.7 11.1 5.4 7.8
US
Sealed Air Corp
NYSE:SEE
6.2B USD 1.2 13.6 9.6 12.4
CH
SIG Group AG
SIX:SIGN
3.8B CHF 1.2 20.2 7.7 15.1
US
Graphic Packaging Holding Co
NYSE:GPK
4.5B USD 0.5 8.9 6.6 10.1
P/E Multiple
Earnings Growth PEG
NO
E
Elopak ASA
OSE:ELO
Average P/E: 457.3
21.7
20%
1.1
US
W
Westrock Co
LSE:0LW9
4 402.6
N/A N/A
US
International Paper Co
NYSE:IP
Negative Multiple: -15.9
44%
N/A
UK
Amcor PLC
NYSE:AMCR
32.5
64%
0.5
US
Packaging Corp of America
NYSE:PKG
20.8
12%
1.7
US
Avery Dennison Corp
NYSE:AVY
20.4
9%
2.3
UK
DS Smith PLC
LSE:SMDS
20.9
7%
3
IE
S
Smurfit Kappa Group PLC
F:SK3
11.1
13%
0.9
US
Sealed Air Corp
NYSE:SEE
13.6
27%
0.5
CH
SIG Group AG
SIX:SIGN
20.2
16%
1.3
US
Graphic Packaging Holding Co
NYSE:GPK
8.9
0%
N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
NO
E
Elopak ASA
OSE:ELO
Average EV/EBITDA: 56.2
8.6
11%
0.8
US
W
Westrock Co
LSE:0LW9
522.7
6%
87.1
US
International Paper Co
NYSE:IP
12.3
37%
0.3
UK
Amcor PLC
NYSE:AMCR
12.5
28%
0.4
US
Packaging Corp of America
NYSE:PKG
11.8
12%
1
US
Avery Dennison Corp
NYSE:AVY
11.6
5%
2.3
UK
DS Smith PLC
LSE:SMDS
9.5
4%
2.4
IE
S
Smurfit Kappa Group PLC
F:SK3
5.4
5%
1.1
US
Sealed Air Corp
NYSE:SEE
9.6
5%
1.9
CH
SIG Group AG
SIX:SIGN
7.7
-1%
N/A
US
Graphic Packaging Holding Co
NYSE:GPK
6.6
-3%
N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
NO
E
Elopak ASA
OSE:ELO
Average EV/EBIT: 141.9
14.3
15%
1
US
W
Westrock Co
LSE:0LW9
1 291.2
13%
99.3
US
International Paper Co
NYSE:IP
Negative Multiple: -258
76%
N/A
UK
Amcor PLC
NYSE:AMCR
20.2
31%
0.7
US
Packaging Corp of America
NYSE:PKG
17
13%
1.3
US
Avery Dennison Corp
NYSE:AVY
14.9
6%
2.5
UK
DS Smith PLC
LSE:SMDS
16.2
9%
1.8
IE
S
Smurfit Kappa Group PLC
F:SK3
7.8
5%
1.6
US
Sealed Air Corp
NYSE:SEE
12.4
5%
2.5
CH
SIG Group AG
SIX:SIGN
15.1
7%
2.2
US
Graphic Packaging Holding Co
NYSE:GPK
10.1
-3%
N/A