Elopak ASA

Elopak ASA

3.31
EUR
+0.03
(+0.91%)
0.22EPS
14.13P/E
835.77MMarket Cap
Oct 27Next Earn
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
3.38
3.37
3.63
3.28
3.8
4.21
4.3
4.48
4.49
Basic EPS, GAAP
0.1
0.04
0.19
0.13
0.04
0.25
0.23
0.23
0.22
Free Cash Flow per Basic Share
0.12
0.38
0.41
0.28
0.09
0.58
0.52
0.64
0.67
Dividend per Share
0.22
0.04
0.04
0.04
0.07
0.07
0.13
0.16
0.26
Book Value per Share
0.56
0.57
0.69
1
0.96
1.14
1.27
1.26
1.3
Tangible Book Value per Share
0.14
0.15
0.27
0.6
0.31
0.51
0.67
0.7
0.76
Basic Weighted Avg Shares
269
269
251
261
269
269
269
269
269
Sales/Revenue/Turnover
909
906
909
855
1,024
1,132
1,157
1,206
1,208
Operating Margin (%)
4.21
3.97
7.77
5.9
4.73
9.18
8.82
9.22
8.2
Depreciation Expense
37
52
52
56
76
60
64
67
69
Net Income, GAAP
28
10
48
34
11
67
61
62
59
Effective Tax Rate (%)
13.65
41.61
20.56
33.56
26.26
18.28
30.65
28.13
25.34
Profit Margin (%)
3.08
1.09
5.26
3.95
1.06
5.92
5.27
5.11
4.9
Working Capital
93
48
52
97
135
107
131
185
153
LT Debt
275
327
282
232
378
303
343
402
404
Total Equity
152
154
185
269
268
315
353
348
359
Return on Invested Capital (%)
- -
4.34
10.86
6.28
5.07
12.49
9.77
10.23
9.02
Return on Capital (%)
- -
3.97
11.06
7.29
3.11
12.38
12
11.96
11.44
Return on Common Equity (%)
- -
6.46
28.19
14.88
4.11
23.71
18.79
18.08
16.83

Capital Structure

EUR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
26
38
45
LT Borrowings
322
310
315
LT Finance Leases
79
89
89
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
269
269
269
Market Capitalization
1,216
871
836

Working Capital

EUR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
478
454
459
Cash, Cash Equivalents & STI
62
39
45
Accounts Receivable, Net
114
118
114
Inventories
178
172
167
Total Current Liabilities
294
296
305
Payables & Accruals
- -
- -
- -
ST Debt
26
38
45
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
14.56%
-1.4%
Free Cash Flow
- -
87.07%
22.84%
Net Income, GAAP
- -
82.48%
1.06%
Sales/Revenue/Turnover
- -
6.16%
4.24%
Total Cash Common Dividend
- -
40.61%
25.8%

Quarterly Revenue

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
292
288
293
283
1,157
2025
310
290
- -
316
1,206
2026
298
304
- -
- -
- -

Quarterly Earnings Per Share

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.08
0.06
0.06
0.03
0.23
2025
0.06
0.03
- -
0.06
0.23
2026
0.06
0.06
- -
- -
- -

Quarterly Dividends Per Share

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.13
- -
- -
0.13
2025
- -
0.08
- -
0.08
0.16
2026
- -
0.1
- -
- -
- -

Company Description

CEO
Bent Kilsund Axelsen
Full Time Employees
2,375
Sector
Process industries
Industry
Containers/Packaging
Address
Karenslyst Alle 53 Oslo PS Norway 0279
IPO Date
Jun 17, 2021
Website
elopak.com
Business
Elopak ASA is a Norway-based global supplier specializing in paper-based carton packaging solutions and filling equipment for liquid food products, including fresh and aseptic beverages, as well as non-food products. Its core product portfolio includes the Pure-Pak® cartons designed as a sustainable alternative to plastic bottles; D-PAK cartons for personal and home care applications; and a comprehensive range of filling machinery for aseptic, fresh, and non-food applications. The company also offers supplementary services such as standard flexo, super flexo, UV-flexo, and offset litho printing, digital and machine print proofs, technical services, after-market assistance including maintenance, upgrades, retrofits, optimization, and customer staff training. Founded in 1957 and headquartered in Oslo, Norway, Elopak operates in over 70 countries spanning Europe, the Middle East, Africa, Asia, and the Americas with manufacturing facilities in 12 locations. Recent strategic developments include the rollout of its "Repackaging Tomorrow" strategy which aims to grow the company organically by 4-6 percent annually and achieve a 15-17 percent adjusted EBITDA margin over the next 3-5 years, targeting EUR 2 billion revenues by 2030. Significant operational expansion is underway with the establishment of a new state-of-the-art production plant in Little Rock, Arkansas, which marked its first profitable quarter in late 2025 and plans to add further production lines to support growing demand in North America. Elopak has strengthened its market position through acquisitions such as Naturepak Beverage Packaging in the Middle East and North Africa, and through joint ventures to expand local production in India, the world's largest dairy market. The company is also advancing its portfolio in fiber-based packaging solutions and D-PAK cartons for home and personal care categories, aligning with global sustainability trends away from plastic packaging. Elopak emphasizes innovation and sustainability, leveraging renewable, recyclable, and sustainably sourced materials to support a circular, low carbon economy while maintaining focus on operational efficiency, market leadership in Europe and emerging markets, and a comprehensive full-service offering to its clients worldwide.