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BUY 3862 min ago

@ Kr.21.80

Issued: 31 May 2024 @ 09:32

Return: -0.18%

Previous signal: May 31 - 08:23

Previous signal: Sell

Return: 0.00 %

Live Chart Being Loaded With Signals

Commentary (31 May 2024 @ 10:25):

Elkem ASA manufactures and sells metals and materials in Norway, the United Kingdom, Germany, France, Italy, Poland, Spain, the Netherlands, and othe European countries...

Stats
Today's Volume	1.35M
Average Volume	1.18M
Market Cap	13.79B
EPS	Kr.0 ( 2024-04-18 )
Next earnings date	( Kr.0.120 ) 2024-07-11
Last Dividend	Kr.6.00 ( 2023-05-02 )
Next Dividend	Kr.0 ( N/A )
P/E	-10.46
ATR14	Kr.0.497 (2.27%)

Volume Correlation

Long: 0.72 (moderate)

Short: -0.81 (strong negative)

Signal:(49) Neutral

Elkem ASA Correlation

10 Most Positive Correlations

10 Most Negative Correlations

Did You Know?

Correlation is a statistical measure that describes the relationship between two variables. It ranges from -1 to 1, where -1 indicates a perfect negative correlation (as one variable increases, the other decreases), 1 indicates a perfect positive correlation (as one variable increases, the other increases), and 0 indicates no correlation (there is no relationship between the variables).

Correlation can be used to analyze the relationship between any two variables, not just stocks. It's commonly used in fields such as finance, economics, psychology, and more.

Elkem ASA Correlation - Currency/Commodity

0.30
( neutral )

0.52
( weak )

0.00
( neutral )

0.27
( neutral )

-0.76
( moderate negative )

Elkem ASA Financials

Annual	2023
Revenue:	Kr.34.73B
Gross Profit:	Kr.440.00M (1.27 %)
EPS:	Kr.0.110

FY	2023
Revenue:	Kr.34.73B
Gross Profit:	Kr.440.00M (1.27 %)
EPS:	Kr.0.110

FY	2022
Revenue:	Kr.45.02B
Gross Profit:	Kr.21.70B (48.20 %)
EPS:	Kr.15.09

FY	2021
Revenue:	Kr.33.08B
Gross Profit:	Kr.15.89B (48.02 %)
EPS:	Kr.7.96

Financial Reports:

No articles found.

Elkem ASA Dividends

(Q3/22)	(Q4/22)	(Q1/23)	(Q2/23)	(Q3/23)	(Q4/23)	(Q1/24)	(Q2/24)	(Q3/24)	(Q4/24)
Kr.0 (N/A)	Kr.0 (N/A)	Kr.0 (N/A)	Kr.6.00 (N/A)	Kr.0 (N/A)	Kr.0 (N/A)	Kr.0 (N/A)	Kr.0 (N/A)	Kr.0 (N/A)	Kr.0 (N/A)

Elkem ASA Dividend Information - Dividend Knight

Dividend Sustainability Score: 3.34 - low (11.37%) | Divividend Growth Potential Score: 0 - No dividend growth expected in the near future

Very Unsafe

High risk of being cut

Unsafe

Heightened risk of being cut

Borderline

Moderate risk of being cut

Safe

Unlikely to be cut

Very Safe

Very unlikely to be cut

Information

First Dividend	Kr.2.60	2019-05-02
Last Dividend	Kr.6.00	2023-05-02
Next Dividend	Kr.0	N/A
Payout Date	2023-05-10
Next Payout Date	N/A
# dividends	5	--
Total Paid Out	Kr.12.35	--
Avg. Dividend % Per Year	6.64%	--
Score	3.47	--
Div. Sustainability Score	3.34
Div.Growth Potential Score	0
Div. Directional Score	0.875	--

Next Divdend (Est)
(2025-03-31)

Kr.8.58 Estimate 3.09 %

Dividend Stability

0.25 Very Poor

Dividend Score

3.47

Pay Frequency

Annually

Yearly Payout

Year	Amount	Yield
2019	Kr.2.60	11.90%
2020	Kr.0.600	2.41%
2021	Kr.0.150	0.53%
2022	Kr.3.00	9.80%
2023	Kr.6.00	16.70%
2024	Kr.0	0.00%

Dividend Commentary

The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.

Top 10 dividend Companies for OSE

Symbol	Title	Last dividend	Frequency	Years Dividend	Yearly Dividend	Score
OKEA.OL	Dividend Knight	2023-12-01	Quarterly	3	5.65%	6.86
NSKOG.OL	Dividend Junior	2023-11-20	Sporadic	5	1.21%	2.31
FROY.OL	Dividend Junior	2023-10-19	Annually	3	1.49%	1.72
CARA.OL	Dividend Junior	2023-11-15	Sporadic	10	2.93%	1.71
AUSS.OL	Dividend Knight	2024-05-30	Annually	17	5.26%
MORG.OL	Dividend Knight	2024-04-04	Annually	25	7.49%
SOON.OL	Dividend Knight	2024-04-19	Annually	17	5.86%
AKER.OL	Dividend Knight	2024-04-18	Semi-Annually	20	3.77%
KIT.OL	Dividend Knight	2024-04-26	Annually	25	2.94%
SCHB.OL	Dividend Knight	2024-04-29	Annually	9	0.76%

Dividend Sustainability Score (DSS)

Ratio	Actual Value	Weight	Normalized Value	Score	Range
netProfitMarginTTM	-0.0397	1.500	-0.794	-1.191	[0 - 0.5]
returnOnAssetsTTM	-0.0254	1.200	-0.846	-1.016	[0 - 0.3]
returnOnEquityTTM	-0.0518	1.500	-1.686	-2.53	[0.1 - 1]
payoutRatioTTM	-2.95	-1.000	-10.00	10.00	[0 - 1]
currentRatioTTM	2.00	0.800	5.00	4.00	[1 - 3]
quickRatioTTM	0.931	0.800	9.23	7.38	[0.8 - 2.5]
cashRatioTTM	0.594	1.500	7.81	10.00	[0.2 - 2]
debtRatioTTM	0.312	-1.500	4.80	-7.20	[0 - 0.6]
interestCoverageTTM	0.307	1.000	-0.997	-0.997	[3 - 30]
operatingCashFlowPerShareTTM	4.66	2.00	8.45	10.00	[0 - 30]
freeCashFlowPerShareTTM	-2.73	2.00	-1.363	-2.73	[0 - 20]
debtEquityRatioTTM	0.647	-1.500	7.41	-10.00	[0 - 2.5]
grossProfitMarginTTM	0.188	1.000	-0.192	-0.192	[0.2 - 0.8]
operatingProfitMarginTTM	0.0110	1.000	-1.780	-1.780	[0.1 - 0.6]
cashFlowToDebtRatioTTM	0.186	1.000	-0.0781	-0.0781	[0.2 - 2]
assetTurnoverTTM	0.639	0.800	9.07	7.26	[0.5 - 2]
Total Score				3.34

Dividend Growth Score (DGS)

Ratio	Actual Value	Weight	Normalized Value	Score	Range
peRatioTTM	-10.66	1.000	-1.178	0	[1 - 100]
returnOnEquityTTM	-0.0518	2.50	-1.084	-2.53	[0.1 - 1.5]
freeCashFlowPerShareTTM	-2.73	2.00	-0.909	-2.73	[0 - 30]
dividendYielPercentageTTM	0	1.500	0	0	[0 - 0.4]
operatingCashFlowPerShareTTM	4.66	2.00	8.45	10.00	[0 - 30]
payoutRatioTTM	-2.95	1.500	-10.00	10.00	[0 - 1]
pegRatioTTM	-0.724	1.500	-8.16	0	[0.5 - 2]
operatingCashFlowSalesRatioTTM	0.0908	1.000	-0.231	0	[0.1 - 0.5]
Total Score				-1.594

Elkem ASA Options Data

Calls

Contract Name	Last Trade Date (EDT)	Strike	Last Price	Bid	Ask	Change	% Change	Volume	Open Interest	Implied Volatility	Strike Date
No data available

Puts

Contract Name	Last Trade Date (EDT)	Strike	Last Price	Bid	Ask	Change	% Change	Volume	Open Interest	Implied Volatility	Strike Date
No data available

Elkem ASA

Elkem ASA manufactures and sells metals and materials in Norway, the United Kingdom, Germany, France, Italy, Poland, Spain, the Netherlands, and othe European countries. It operates through three segments: Silicones, Silicon Products, and Carbon Solutions. The Silicones segment produces and sells various silicone-based products across various sub-sectors, including release coatings, engineering elastomers, healthcare products, specialty fluids, emulsions, and resins. The Silicon Products segment produces various grades of metallurgical silicon, ferrosilicon, foundry alloys, and micro silica for use in various end applications. The Carbon Solutions segment produces carbon electrode materials, lining materials, and specialty carbon products for metallurgical processes to produce various metals. Elkem ASA also engages in the generation and sale of hydroelectric power, as well as supplies heat in the form of steam and hot water. The company was incorporated in 1904 and is headquartered in Oslo, Norway. Elkem ASA is a subsidiary of Bluestar Elkem International Co., Ltd. S.A.