Elkem ASA

Elkem ASA

31.26
NOK
-0.31
(-0.98%)
11.60BMarket Cap
Oct 29Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
31.06
35.62
34.84
36.25
42.83
38.16
41.21
53.37
70.85
33.19
28.01
26
- -
Basic EPS, GAAP
-0.23
1.99
1.79
2.08
5.72
1.47
0.41
7.47
15.05
0.11
0.77
-1.05
- -
Free Cash Flow per Basic Share
1.67
4.51
3.23
3.87
7.65
3.15
-0.4
2.66
8.03
-3.48
-2.15
-1.86
- -
Dividend per Share
- -
4.71
- -
0.25
- -
2.59
0.6
0.15
2.99
5.99
- -
0.3
- -
Book Value per Share
9.51
10.37
12.64
14.52
23.37
22.05
21.49
31.17
45.01
38.27
40.74
37.61
34.51
Tangible Book Value per Share
8.13
8.84
10.87
12.4
21.2
19.92
17.65
27.16
41.28
34.37
39.89
36.87
33.29
Basic Weighted Avg Shares
403
403
403
583
583
583
583
620
635
637
636
636
587
Sales/Revenue/Turnover
12,523
14,361
14,045
21,132
24,969
22,246
24,027
33,083
45,018
21,133
17,809
16,536
- -
Operating Margin (%)
5.04
10.72
6.48
8.97
18.15
5.12
3.85
17.44
22.53
13.85
9.71
6.08
- -
Depreciation Expense
676
676
730
1,261
1,270
1,467
1,727
1,892
1,998
2,406
2,852
2,741
- -
Net Income, GAAP
-92
802
722
1,211
3,337
855
239
4,628
9,561
72
488
-668
- -
Effective Tax Rate (%)
56.86
33.52
19.92
17.71
11.21
20.9
52.4
19.96
21.2
27.13
- -
27.9
- -
Profit Margin (%)
-0.73
5.58
5.14
5.73
13.36
3.84
0.99
13.99
21.24
0.34
2.74
-4.04
- -
Working Capital
-900
3,690
4,147
507
7,830
6,792
3,399
9,245
14,813
10,878
26,745
22,086
11,629
LT Debt
1,503
3,052
2,835
4,585
7,131
8,340
7,189
8,409
10,331
13,509
11,817
9,648
9,520
Total Equity
5,641
6,167
7,459
8,565
13,723
12,952
12,636
19,874
28,773
24,458
26,021
24,025
12,628
Return on Invested Capital (%)
- -
8.12
7.4
10.67
16.34
4.48
1.64
15.99
25.5
6.18
- -
2.5
- -
Return on Capital (%)
- -
8.19
7.51
10.4
16.56
4.3
1.39
17
26.49
1.12
- -
-0.95
- -
Return on Common Equity (%)
- -
13.84
10.76
15.3
30.22
6.46
1.88
28.64
39.49
0.27
1.94
-2.68
- -

Capital Structure

NOK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
2,321
3,372
1,949
LT Borrowings
9,307
8,473
9,216
LT Finance Leases
342
324
303
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
636
636
363
Market Capitalization
19,115
18,012
11,602

Working Capital

NOK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
34,899
35,039
17,399
Cash, Cash Equivalents & STI
2,694
2,894
4,876
Accounts Receivable, Net
1,569
1,999
2,187
Inventories
5,959
5,459
4,459
Total Current Liabilities
12,813
13,864
5,770
Payables & Accruals
- -
- -
- -
ST Debt
2,321
3,372
1,949
Deferred Revenue
- -
- -
- -

Growth Rates

NOK

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
17.37%
17.16%
-7.67%
Free Cash Flow
-81.57%
-157.3%
-13.52%
Net Income, GAAP
227.15%
436.93%
-236.89%
Sales/Revenue/Turnover
6.13%
-0.43%
-7.15%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

NOK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4,578
4,779
4,154
4,299
17,809
2025
4,221
3,841
- -
3,937
16,536
2026
4,000
3,551
- -
- -
- -

Quarterly Earnings Per Share

NOK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.69
1.34
0.14
-0.03
0.77
2025
-0.33
-0.49
- -
-0.28
-1.05
2026
0.04
-1.75
- -
- -
- -

Quarterly Dividends Per Share

NOK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
0.3
- -
- -
0.3
2026
- -
- -
- -
- -
- -

Company Description

CEO
Dag Teigland
Full Time Employees
3,000
Sector
Non-energy minerals
Industry
Aluminum
Address
Drammensveien 169 Oslo PS Norway 0277
IPO Date
Mar 22, 2018
Website
elkem.com
Business
Elkem ASA is a global industrial company specializing in the production and supply of silicon-based advanced materials. Its core products include silicon, silicones, silicon-based materials, foundry alloys, and specialty alloys used in industries such as chemicals, electronics, automotive, construction, and energy. Elkem manufactures silicon metal, silicon alloys, micro-silica, fumed silica, and silicones, serving diverse markets with applications in electronics, automotive, renewable energy, infrastructure, and consumer goods. The company operates production facilities primarily in Europe, Asia, and the Americas. Founded in 1904 and headquartered in Oslo, Norway, Elkem ASA is recognized for vertically integrated operations from quartz raw material sourcing to advanced silicon product manufacturing. The company targets industrial customers requiring high-purity silicon materials and specialty chemicals. In recent years, Elkem ASA has strategically enhanced its growth through acquisitions and partnerships in the advanced materials segment, expanding its production capacity and innovation capabilities. Notably, the company has been investing in sustainable manufacturing technologies and expanding its presence in key global markets to meet increasing demand for eco-friendly silicon solutions and renewable energy applications. Elkem continues to focus on innovation with new product launches aimed at enhancing energy efficiency and sustainability. The company remains publicly traded under the ticker ELK.OL, maintaining a strong position in the silicon materials industry globally.

Company News

  • Elkem ASA (ELKEF) Q2 2026 Earnings Call Transcript

  • Statkraft and Elkem sign seven-year power agreement for Bjølvefossen plant in Norway

  • Elkem ASA (ELKEF) Q1 2026 Earnings Call Transcript

  • Elkem: First quarter 2026 - Strategic transformation and strengthening financial resilience

  • Elkem ASA (ELKEF) Shareholder/Analyst Call Prepared Remarks Transcript

  • Elkem ASA (ELKEF) Q4 2025 Earnings Call Transcript

  • Clarification regarding the conditional underwritten equity issue in Elkem

  • Elkem ASA - Notice of extraordinary general meeting

  • Elkem ASA (ELKEF) Q3 2025 Earnings Call Transcript

  • Elkem ASA - Elkem enters exclusive sales process for Silicones division

  • Elkem ASA (ELKEF) Q2 2025 Earnings Call Transcript

  • Elkem ASA - Ex dividend NOK 0.30 today

  • Elkem ASA (ELKEF) Q1 2025 Earnings Call Transcript

  • Elkem ASA - Minutes from the annual general meeting 2025

  • Elkem ASA - Notice of annual general meeting 2025

  • Elkem ASA (ELKEF) Q4 2024 Earnings Call Transcript

  • Elkem ASA - Key information relating to the proposed cash dividend

  • Elkem: Eventual Upside Seems Very Clear Beyond The Trough

  • Elkem ASA (ELKEF) Q3 2024 Earnings Call Transcript

  • Elkem ASA (ELKEF) Q2 2024 Earnings Call Transcript