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Elopak ASA
OSE:ELO

Watchlist Manager
Elopak ASA
OSE:ELO
Watchlist
Price: 36.2 NOK 1.69% Market Closed
Market Cap: kr9.7B

EV/IC

1.4
Current
1%
Cheaper
vs 3-y average of 1.4

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
1.4
=
Enterprise Value
kr14B
/
Invested Capital
€911.6m

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
1.4
=
Enterprise Value
kr14B
/
Invested Capital
€911.6m

Valuation Scenarios

Elopak ASA is trading below its 3-year average

If EV/IC returns to its 3-Year Average (1.4), the stock would be worth kr36.45 (1% upside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-90%
Maximum Upside
+1%
Average Downside
36%
Scenario EV/IC Value Implied Price Upside/Downside
Current Multiple 1.4 kr36.2
0%
3-Year Average 1.4 kr36.45
+1%
5-Year Average 1.3 kr35.27
-3%
Industry Average 0.1 kr3.71
-90%
Country Average 0.7 kr17.86
-51%

Forward EV/IC
Today’s price vs future invested capital

Not enough data available to calculate forward EV/IC

Peer Comparison

All Multiples
EV/IC
P/E
All Countries
Close
Market Cap EV/IC P/E
NO
Elopak ASA
OSE:ELO
9.7B NOK 1.4 13.8
US
Westrock Co
LSE:0LW9
1.3T USD 55.7 4 402.6
US
Packaging Corp of America
NYSE:PKG
19B USD 2.3 25.9
US
International Paper Co
NYSE:IP
16.1B USD 0.7 -4.6
UK
Amcor PLC
NYSE:AMCR
17.6B USD 0.9 29.5
US
Avery Dennison Corp
NYSE:AVY
12.6B USD 2.1 18.3
UK
DS Smith PLC
LSE:SMDS
8B GBP 1.4 20.9
IE
Smurfit Kappa Group PLC
F:SK3
9B EUR 1.2 11.8
US
Sealed Air Corp
NYSE:SEE
6.2B USD 1.6 12.3
CH
SIG Group AG
SIX:SIGN
4.7B CHF 1.2 -59
CN
ShenZhen YUTO Packaging Technology Co Ltd
SZSE:002831
35.6B CNY 2.5 23.4
P/E Multiple
Earnings Growth PEG
NO
E
Elopak ASA
OSE:ELO
Average P/E: 506.5
13.8
21%
0.7
US
W
Westrock Co
LSE:0LW9
4 402.6
N/A N/A
US
Packaging Corp of America
NYSE:PKG
25.9
16%
1.6
US
International Paper Co
NYSE:IP
Negative Multiple: -4.6 N/A N/A
UK
Amcor PLC
NYSE:AMCR
29.5
64%
0.5
US
Avery Dennison Corp
NYSE:AVY
18.3
12%
1.5
UK
DS Smith PLC
LSE:SMDS
20.9
7%
3
IE
S
Smurfit Kappa Group PLC
F:SK3
11.8
13%
0.9
US
Sealed Air Corp
NYSE:SEE
12.3
N/A N/A
CH
SIG Group AG
SIX:SIGN
Negative Multiple: -59 N/A N/A
CN
S
ShenZhen YUTO Packaging Technology Co Ltd
SZSE:002831
23.4
15%
1.6

Market Distribution

In line with most companies in Norway
Percentile
69th
Based on 675 companies
69th percentile
1.4
Low
0 — 0.3
Typical Range
0.3 — 1.4
High
1.4 —
Distribution Statistics
Norway
Min 0
30th Percentile 0.3
Median 0.7
70th Percentile 1.4
Max 1 148.2

Elopak ASA
Glance View

Market Cap
9.7B NOK
Industry
Packaging

Founded in 1957 and headquartered in Norway, Elopak ASA has established itself as a key player in the packaging industry, particularly known for its innovative approach to liquid packaging solutions. The company was born from a vision to revolutionize how liquids are stored and transported, initially capturing attention with its Pure-Pak® carton, a product that would go on to become synonymous with practical, eco-conscious design. Elopak carved out a distinctive niche in the packaging arena by offering sustainable alternatives that blend functionality with environmental considerations, driven by the ever-growing consumer demand for sustainable solutions. Today, Elopak specializes in providing renewable, recyclable, and biodegradable packaging, with an emphasis on reducing plastic usage, thereby aligning itself closely with the evolving global green agenda. Elopak’s business model revolves around designing, producing, and distributing packaging solutions primarily for the beverage and liquid food industry. The company's revenue streams are fortified by its comprehensive suite of offerings, which include both cartons and caps, supported by sophisticated filling technology to ensure product integrity and convenience. By continually investing in research and development, Elopak not only maintains its competitive edge but also ensures that its offerings meet the stringent demands for sustainability and safety in food packaging. Furthermore, Elopak leverages its expansive distribution network to deliver these solutions across various continents, reinforcing its stature as a global leader. The company’s customer-centric approach, underscored by close partnerships with producers and retailers, fortifies its market presence, translating into a robust revenue model that balances environmental stewardship with financial growth.

ELO Intrinsic Value
61.53 NOK
Undervaluation 41%
Intrinsic Value
Price kr36.2
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