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Elopak ASA (OSL:ELO) Profitability Rank : 8 (As of Mar. 2024)


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What is Elopak ASA Profitability Rank?

Elopak ASA has the Profitability Rank of 8. It has a higher profitability and may stay that way.

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way. It is based on these factors:

1. Operating Margin %
2. Piotroski F-Score
3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.
4. Consistency of the profitability
5. Predictability Rank

Elopak ASA's Operating Margin % for the quarter that ended in Mar. 2024 was 9.59%. As of today, Elopak ASA's Piotroski F-Score is 7.


Competitive Comparison of Elopak ASA's Profitability Rank

For the Packaging & Containers subindustry, Elopak ASA's Profitability Rank, along with its competitors' market caps and Profitability Rank 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's Profitability Rank Distribution in the Packaging & Containers Industry

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

* The bar in red indicates where Elopak ASA's Profitability Rank falls into.



Elopak ASA Profitability Rank Calculation

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way.

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Elopak ASA has the Profitability Rank of 8. It has a higher profitability and may stay that way.

Profitability Rank is not directly related to the Financial Strength. But if a company is consistently profitable, its financial strength will be stronger.

Profitability Rank is based on these factors:

1. Operating Margin %

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Elopak ASA's Operating Margin % for the quarter that ended in Mar. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=323.035 / 3367.3
=9.59 %

* 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.

2. Piotroski F-Score

Good Sign:

Piotroski F-Score is 7, indicates a very healthy situation.

The zones of discrimination were as such:

Good or high score = 8 or 9
Bad or low score = 0 or 1

Elopak ASA has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.

Good Sign:

Elopak ASA operating margin is expanding. Margin expansion is usually a good sign.

4. Consistency of the profitability

5. Predictability Rank


Elopak ASA Profitability Rank Related Terms

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Elopak ASA (OSL:ELO) Business Description

Traded in Other Exchanges
Address
Industriveien 30, Spikkestad, NOR, 3430
Elopak ASA is a supplier of carton packaging and filling equipment. 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 segments include Germany, the United States, Canada, the Netherlands, Norway. and others.

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