Elkem ASAELKEF +11.73%51 Net Margin % is 0.67% as of Mar. 2026, which is 85% below its 10-year median of 4.49. GuruFocus rates ELKEF with a GF Score™ of 51/100 and a GF Value™ of $1.99 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,585 Chemicals companies, Elkem ASA ranks worse than 78.8% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Elkem ASA's Net Income for the
three
months ended in Mar. 2026 was $3 Mil. Elkem ASA's Revenue for the
three
months ended in Mar. 2026 was $414 Mil. Therefore, Elkem ASA's net margin for the quarter that ended in Mar. 2026 was 0.67%.
The historical rank and industry rank for Elkem ASA's Net Margin % or its related term are showing as below:
ELKEF'
s Net Margin % Range Over the Past 10 Years
Min: -4.04 Med: 4.49 Max: 21.24
Current: -2.63
ELKEF's Net Margin % is ranked worse than 78.8% of 1585
companies
in the Chemicals industry
Industry Median: 3.89
vs ELKEF: -2.63
Elkem ASA (OTCPK:ELKEF) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Elkem ASA Net Margin % Related Terms
Elkem ASA Net Margin % Historical Data
* Premium members only.
The historical data trend for Elkem ASA's Net Margin % 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.
For the Specialty Chemicals subindustry, Elkem ASA's Net Margin %, along with its competitors' market caps and Net Margin % 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.
Elkem ASA Net Margin % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Elkem ASA's Net Margin % distribution charts can be found below:
* The bar in red indicates where Elkem ASA's Net Margin % falls into.
* 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.
Elkem ASA (ELKEF) has a Net Margin % of 0.67% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Elkem ASA and its competitors. This is 85% below median its historical median of 4.49. According to the industry distribution chart, Elkem ASA ranks #1249 out of 1585 companies in the Chemicals industry, placing it in the top 78.8%.
Is Elkem ASA's Net Margin % too high?
Elkem ASA's current Net Margin % of 0.67% is 85% below median its 10-year median of 4.49. The Chemicals industry median Net Margin % is 3.89. Elkem ASA's value of 0.67% is 82.8% below this industry median. Based on the distribution chart, Elkem ASA ranks #1249 out of 1585 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Elkem ASA has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Elkem ASA's Net Margin % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Elkem ASA ranks #1249 out of 1585 companies for Net Margin %. This places Elkem ASA in the lower half of its industry. The industry median Net Margin % is 3.89. Elkem ASA's value of 0.67% is 82.8% below this benchmark. While the company's 10-year median is 4.49 vs. the industry median of 3.89, Elkem 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 Net Margin % for a Chemicals company?
The median Net Margin % among Chemicals companies is 3.89, based on 1,585 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Elkem ASA's current Net Margin % of 0.67% is 82.8% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Elkem ASA and its competitors. For the Chemicals industry, the median Net Margin % is 3.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elkem ASA's current Net Margin % is 0.67%, which is 85% below median its own 10-year median of 4.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elkem ASA stock overvalued right now?
Based on GuruFocus' analysis, Elkem ASA (ELKEF) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.99, compared to a current price of $3.40 — trading 70.9% above its estimated fair value. The current Net Margin % is 0.67%, which is 85% below median its 10-year median of 4.49 and 82.8% below the Chemicals industry median of 3.89. Elkem ASA's overall GF Score™ is 51/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Elkem ASA (ELKEF), the current Net Margin % is 0.67% 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 Elkem ASA (ELKEF) Overvalued in 2026?
Based on GuruFocus' analysis, Elkem ASA stock appears to be overvalued.
The current stock price of $3.40 is trading 70.9% above its estimated GF Value™ of $1.99.
GuruFocus considers Elkem ASA to be Significantly Overvalued.
Key valuation signals for ELKEF:
Net Margin %: 0.67% (85% below median its 10-year median of 4.49)
GF Value™: $1.99 vs. price of $3.40 (70.9% above fair value)
Industry Position: 82.8% below the Chemicals median (#1249 of 1585)
No single metric tells the full story. See the ELKEF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Elkem ASA offers material solutions that shape a more sustainable future. The company develops silicones, silicon products, and carbon solutions by combining natural raw materials, renewable energy, and human ingenuity. The group helps its customers create and improve essential innovations in electric mobility, digital communications, health, and personal care, as well as in smarter, more sustainable cities. It has three reportable segments, namely Silicones, Silicon Products, and Carbon Solutions. It generates the majority of the revenue from the Silicones segment.
51GF Score
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