Elopak ASA (OSL:ELO) Interest Coverage: 1.81 (As of Mar. 2026) — 62% Below Median

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OSL:ELO Elopak ASA OSL:ELO
92 GF Score
Price kr34.55
GF Value kr40.89
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Elopak ASA Interest Coverage?

Elopak ASA OSL:ELO +2.07% 92 Interest Coverage is 1.81 as of Mar. 2026, which is 62% below its 10-year median of 4.77. GuruFocus rates OSL:ELO with a GF Score™ of 92/100 and a GF Value™ of kr40.89 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 318 Packaging & Containers companies, Elopak ASA ranks worse than 74.53% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Elopak ASA's Operating Income for the three months ended in Mar. 2026 was kr237 Mil. Elopak ASA's Interest Expense for the three months ended in Mar. 2026 was kr-131 Mil. Elopak ASA's interest coverage for the quarter that ended in Mar. 2026 was 1.81. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Elopak ASA's Interest Coverage or its related term are showing as below:

OSL:ELO' s Interest Coverage Range Over the Past 10 Years
Min: 2.26   Med: 4.77   Max: 8.5
Current: 2.4


OSL:ELO's Interest Coverage is ranked worse than
74.53% of 318 companies
in the Packaging & Containers industry
Industry Median: 6.05 vs OSL:ELO: 2.40

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Elopak ASA  (OSL:ELO) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Elopak ASA Interest Coverage Related Terms


Elopak ASA Interest Coverage Historical Data

* Premium members only.

The historical data trend for Elopak ASA's Interest Coverage can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Elopak ASA Interest Coverage Chart

Elopak ASA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial 8.50 4.57 4.96 2.84 2.70

Elopak ASA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.23 2.74 2.82 2.29 1.81

OSL:ELO vs SW, PKG, IP: Interest Coverage Comparison

For the Packaging & Containers subindustry, Elopak ASA's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Elopak ASA Interest Coverage vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Elopak ASA's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Elopak ASA's Interest Coverage falls into.


OSL:ELO
92GF Score
Elopak ASA OSL:ELO
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Elopak ASA Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Elopak ASA's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Elopak ASA's Interest Expense was kr-487 Mil. Its Operating Income was kr1,315 Mil. And its Long-Term Debt & Capital Lease Obligation was kr4,752 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*1314.796/-486.516
=2.70

Elopak ASA's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Elopak ASA's Interest Expense was kr-131 Mil. Its Operating Income was kr237 Mil. And its Long-Term Debt & Capital Lease Obligation was kr4,445 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*237.456/-131.301
=1.81

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 1.81 mean?
Elopak ASA (OSL:ELO) has a Interest Coverage of 1.81 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Elopak ASA and its competitors. This is 62% below median its historical median of 4.77. Over the past decade, Elopak ASA's Interest Coverage has ranged from 2.26 to 8.50. According to the industry distribution chart, Elopak ASA ranks #237 out of 318 companies in the Packaging & Containers industry, placing it in the top 74.5%.
Is Elopak ASA's Interest Coverage too high?
Elopak ASA's current Interest Coverage of 1.81 is 62% below median its 10-year median of 4.77. Over the past 10 years, this metric has ranged from a low of 2.26 to a high of 8.50. The Packaging & Containers industry median Interest Coverage is 6.05. Elopak ASA's value of 1.81 is 70.1% below this industry median. Based on the distribution chart, Elopak ASA ranks #237 out of 318 companies in the Packaging & Containers industry, which is below the industry midpoint. Overall, Elopak ASA has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Elopak ASA's Interest Coverage compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Elopak ASA ranks #237 out of 318 companies for Interest Coverage. This places Elopak ASA in the lower half of its industry. The industry median Interest Coverage is 6.05. Elopak ASA's value of 1.81 is 70.1% below this benchmark. Historically, Elopak ASA's own Interest Coverage has ranged from 2.26 to 8.50 over the past decade. While the company's 10-year median is 4.77 vs. the industry median of 6.05, Elopak ASA has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Packaging & Containers company?
The median Interest Coverage among Packaging & Containers companies is 6.05, based on 318 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Elopak ASA's current Interest Coverage of 1.81 is 70.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Elopak ASA and its competitors. For the Packaging & Containers industry, the median Interest Coverage is 6.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elopak ASA's current Interest Coverage is 1.81, which is 62% below median its own 10-year median of 4.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elopak ASA stock overvalued right now?
Based on GuruFocus' analysis, Elopak ASA (OSL:ELO) is currently considered Modestly Undervalued. The stock's GF Value™ is kr40.89, compared to a current price of kr34.55 — trading 15.5% below its estimated fair value. The current Interest Coverage is 1.81, which is 62% below median its 10-year median of 4.77 and 70.1% below the Packaging & Containers industry median of 6.05. Elopak ASA's overall GF Score™ is 92/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Elopak ASA (OSL:ELO), the current Interest Coverage is 1.81 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Elopak ASA (OSL:ELO) Overvalued in 2026?

Based on GuruFocus' analysis, Elopak ASA stock appears to be undervalued. The current stock price of kr34.55 is trading 15.5% below its estimated GF Value™ of kr40.89. GuruFocus considers Elopak ASA to be Modestly Undervalued.

Key valuation signals for OSL:ELO:

  • Interest Coverage: 1.81 (62% below median its 10-year median of 4.77)
  • GF Value™: kr40.89 vs. price of kr34.55 (15.5% below fair value)
  • GF Score™: 92/100 with 3 warning signs
  • Industry Position: 70.1% below the Packaging & Containers median (#237 of 318)

No single metric tells the full story. See the OSL:ELO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Elopak ASA Business Description

Address Industriveien 30, Spikkestad, NOR, 3430
Elopak ASA is a supplier of carton packaging, filling equipment, and technical services. It uses renewable, recyclable, and sustainably sourced materials to provide packaging solutions. The company offers a natural and convenient alternative to plastic bottles and fits within a low-carbon circular economy. It generates the majority of its revenue from Cartons and closures, followed by Equipment and services. The company's geographical areas include Germany, the United States, Canada, the Netherlands, Norway, and others.
92GF Score

Get the complete analysis for OSL:ELO

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr34.55
Price
kr40.89
GF Value