Elkem ASA/Nkr ELK
1D1W1MYTD1Y5YMAX
Capital at risk
About Elkem ASA
Elkem ASA is a company engaged in the development, production, and distribution of silicon-based advanced materials, operating within the specialty chemicals industry. The company provides materials including silicones, silicon, foundry alloys, and carbon products, with applications across various industries such as construction, automotive, electronics, and medical. Founded in 1904, Elkem has a longstanding history in the field of metallurgy and materials science. Headquartered in Oslo, Norway, the company has a significant global presence with manufacturing facilities and sales offices across Europe, North America, Asia, and Africa. Elkem’s strategic positioning is strengthened by its integrated value chain and focus on innovation and sustainable practices in production.
- Ticker
- Nkr ELK
- Sector
- Materials
- Primary listing
- XOSL
- Employees
- 7,000
- Headquarters
- Oslo, Norway
- Website
- www.elkem.com
Elkem ASA Metrics
BasicAdvanced
kr 13B
-
-kr 1.52
1.00
-
Price and volume
Market cap
kr 13B
Beta
1
52-week high
kr 37.66
52-week low
kr 24.20
Average daily volume
1.2M
Financial strength
Current ratio
3.015
Quick ratio
1.224
Long term debt to equity
0.754
Total debt to equity
0.908
Interest coverage (TTM)
1.37%
Profitability
EBITDA (TTM)
3,290
Gross margin (TTM)
49.91%
Net profit margin (TTM)
-5.53%
Operating margin (TTM)
3.89%
Effective tax rate (TTM)
30.63%
Revenue per employee (TTM)
kr 2,300,000
Management effectiveness
Return on assets (TTM)
1.01%
Return on equity (TTM)
1.92%
Valuation
Price to revenue (TTM)
1.275
Price to book
1.01
Price to tangible book (TTM)
1.05
Price to free cash flow (TTM)
36.22
Free cash flow yield (TTM)
2.76%
Free cash flow per share (TTM)
0.966
Growth
Revenue change (TTM)
0.01%
Earnings per share change (TTM)
116.25%
3-year revenue growth (CAGR)
-26.10%
3-year earnings per share growth (CAGR)
-41.84%
Bulls say / Bears say
Significant cost-reduction measures initiated in March 2026 have exceeded initial targets, nearing a reduction of 400 FTEs and delivering expected annual savings above NOK 600 million. (Euronext)
Elkem completed a NOK 1.8 billion equity raise and refinanced its main bank facilities in Q2, materially strengthening its financial position and reducing net interest-bearing debt to EBITDA leverage to 3.2x. (Cision)
Elkem’s Q2 EBITDA of NOK 523 million surpassed the IBES consensus of NOK 377 million, demonstrating operational resilience amidst market headwinds. (Reuters)
Elkem’s Q2 EBITDA declined 19% year-over-year to NOK 523 million, reflecting margin pressure from lower silicon and ferrosilicon prices. (Cision)
The Silicon Products division reported a 4% drop in operating income and a 28% year-on-year decline in EBITDA in Q2, as low market prices weighed on volumes and profitability. (Cision)
Elkem noted continued weak demand across key end markets—automotive, construction, aluminum, and steel—underscoring vulnerability to cyclical downturns in its core industries. (Alpha Spread)
Data summarised monthly by Lightyear AI. Last updated on 3 Sept 2026.
Upcoming events
No upcoming events
Funds containing Elkem ASA
AllGBPEURUSD
Fund name | Fund size | Nkr ELK weighting |
|---|---|---|
WisdomTree Energy Transition Metals and Rare Earths Miners£WREE | £1B | 0.89% |
Xtrackers MSCI Europe Small Cap€DX2J | €3.2B | 0.07% |
Xtrackers MSCI Europe Small Cap£XXSC | £2.8B | 0.07% |
Xtrackers S&P 500 Swap£XSPX | £3.1B | 0.04% |
iShares MSCI World Small Cap$WSML | $9B | 0.01% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.