Elkem ASA (FRA:1DP) Total Operating Expense: €679 Mil (TTM As of Mar. 2026)


FRA:1DP Elkem ASA FRA:1DP
62 GF Score
Price €2.74
GF Value €1.68
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Elkem ASA Total Operating Expense?

Elkem ASA FRA:1DP +1.63% 62 Total Operating Expense is €679 Mil as of Mar. 2026. GuruFocus rates FRA:1DP with a GF Score™ of 62/100 and a GF Value™ of €1.68 (Significantly Overvalued). The stock has 9 warning signs investors should review.

Elkem ASA's Total Operating Expense for the three months ended in Mar. 2026 was €169 Mil. Elkem ASA's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was €679 Mil.

Elkem ASA Total Operating Expense Related Terms

Elkem ASA Total Operating Expense Historical Data

* Premium members only.

The historical data trend for Elkem ASA's Total Operating Expense 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 Total Operating Expense Chart

Elkem ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 984.52 1,104.22 576.13 594.77 602.72

Elkem ASA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Operating Expense 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 164.68 173.02 167.52 169.50 169.08
FRA:1DP
62GF Score
Elkem ASA FRA:1DP
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Elkem ASA Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €679 Mil.

* 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.

What does a Total Operating Expense of €679 Mil mean?
Elkem ASA (FRA:1DP) has a Total Operating Expense of €679 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Elkem ASA and its competitors.
Is Elkem ASA's Total Operating Expense too high?
Elkem ASA's current Total Operating Expense is €679 Mil. Overall, Elkem ASA has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Elkem ASA's Total Operating Expense compare to LIN and SHW?
Elkem ASA's Total Operating Expense of €679 Mil 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 Total Operating Expense for a Chemicals company?
A good Total Operating Expense depends on the Chemicals industry context. However, Total Operating Expense 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 Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Elkem ASA and its competitors. Elkem ASA's current Total Operating Expense is €679 Mil. 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 €1.68, compared to a current price of €2.74 — trading 63.3% above its estimated fair value. The current Total Operating Expense is €679 Mil. Elkem ASA's overall GF Score™ is 62/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Elkem ASA (FRA:1DP), the current Total Operating Expense is €679 Mil 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 (FRA:1DP) Overvalued in 2026?

Based on GuruFocus' analysis, Elkem ASA stock appears to be overvalued. The current stock price of €2.74 is trading 63.3% above its estimated GF Value™ of €1.68. GuruFocus considers Elkem ASA to be Significantly Overvalued.

Key valuation signals for FRA:1DP:

  • Total Operating Expense: €679 Mil
  • GF Value™: €1.68 vs. price of €2.74 (63.3% above fair value)
  • GF Score™: 62/100 with 9 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.
62GF Score

Get the complete analysis for FRA:1DP

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

€2.74
Price
€1.68
GF Value