Elkem ASA (FRA:1DP) Tax Rate %: -53.34% (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:1DP Elkem ASA FRA:1DP
61 GF Score
Price €2.85
GF Value €1.66
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Elkem ASA Tax Rate %?

Elkem ASA FRA:1DP +8.53% 61 Tax Rate % is -53.34% as of Jun. 2026. GuruFocus rates FRA:1DP with a GF Score™ of 61/100 and a GF Value™ of €1.66 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Elkem ASA's Tax Expense for the three months ended in Jun. 2026 was €2 Mil. Elkem ASA's Pre-Tax Income for the three months ended in Jun. 2026 was €-4 Mil. Therefore, Elkem ASA's Tax Rate % for the quarter that ended in Jun. 2026 was -53.34%.

Elkem ASA Tax Rate % Related Terms

Elkem ASA Tax Rate % Historical Data

* Premium members only.

The historical data trend for Elkem ASA's Tax Rate % 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.

Elkem ASA Tax Rate % Chart

Elkem ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.96 21.20 27.13 -38.53 27.90

Elkem ASA Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Tax Rate % 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 500.23 29.33 -41.67 26.03 -53.34
FRA:1DP
61GF Score
Elkem ASA FRA:1DP
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Elkem ASA Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Elkem ASA's Tax Rate % for the fiscal year that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=12.59/45.121
=27.90 %

Elkem ASA's Tax Rate % for the quarter that ended in Jun. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2026 )/Pre-Tax Income (Q: Jun. 2026 )
=2.174/-4.076
=-53.34 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of -53.34% mean?
Elkem ASA (FRA:1DP) has a Tax Rate % of -53.34% as of Jun. 2026.
Is Elkem ASA's Tax Rate % too high?
Elkem ASA's current Tax Rate % is -53.34%. Overall, Elkem ASA has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Elkem ASA's Tax Rate % compare to LIN and SHW?
Elkem ASA's Tax Rate % of -53.34% can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Chemicals company?
A good Tax Rate % depends on the Chemicals industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Elkem ASA's current Tax Rate % is -53.34%. 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 (FRA:1DP) is currently considered Significantly Overvalued. The stock's GF Value™ is €1.66, compared to a current price of €2.85 — trading 71.7% above its estimated fair value. The current Tax Rate % is -53.34%. Elkem ASA's overall GF Score™ is 61/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Elkem ASA (FRA:1DP), the current Tax Rate % is -53.34% as of Jun. 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 (FRA:1DP) Overvalued in 2026?

Based on GuruFocus' analysis, Elkem ASA stock appears to be overvalued. The current stock price of €2.85 is trading 71.7% above its estimated GF Value™ of €1.66. GuruFocus considers Elkem ASA to be Significantly Overvalued.

Key valuation signals for FRA:1DP:

  • Tax Rate %: -53.34%
  • GF Value™: €1.66 vs. price of €2.85 (71.7% above fair value)
  • GF Score™: 61/100 with 7 warning signs

No single metric tells the full story. See the FRA:1DP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Elkem ASA Business Description

Address Drammensveien 169, Oslo, NOR, 0277
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.
61GF Score

Get the complete analysis for FRA:1DP

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

€2.85
Price
€1.66
GF Value