ELKEF — Stock Film
STOCK FILMSCENE 1/11ELKEF · $3.40
Stock Expert AI presents
ELKEF
Elkem ASA
~4 min film100% real numbersplain English
WHAT DOES THIS COMPANY DO?
Elkem ASA. What it actually does.

Manufactures and sells various silicone-based products for diverse sub-sectors like release coatings, engineering elastomers, and healthcare. Now — the numbers.

on the stock market since 2023
7,200 employees
$1.2B market value
Revenue last year:
$1.8B
The loss that same year:
$71.9M
Sales don’t cover the costs; the gap drains from the cash pile every year.

The company closed last year at a loss: costs ran above sales. The picture changes only if spending is reined in.

THE SALES TREND
Sales have been shrinking.

An average decline of 16% a year over the last 4 years — the most striking risk in this picture. Red columns mark years that ended in a loss.

$3.6B
2021
2022
2023
2024
$1.8B
2025
In the vault right now:
$289.9M
DEBT: $1.3B
At this pace, that money lasts about 4 years.

At this burn rate the cash pile isn’t the pressing question — for now, time is on the company’s side.

Every quarter, analysts set a profit bar.
How many of the last 8 did the company clear?
3 / 8
EXPECTATIONS MET OR BEATEN
3
Oct 2024
Jul 2026
3 TIMES IN THE LAST 8 QUARTERS
It misses the bar more often than not.
THE PRICE TAG
MARKET VALUE / ANNUAL SALES
0.7×

This company is not turning a profit, so the market is pricing its sales instead: 0.7× for every dollar of annual revenue.

No analyst target is on record for this company.

THE FIVE-YEAR JOURNEY
Below the peak, but no collapse.

The stock trades 17% below its peak. The market has trimmed its expectations for the company.

THE BRIGHT SIDE

Our checks did not surface a specific strength to highlight here.

1
THE RISKS · 1/2
Lost money last year

A loss of $71.9M against $1.8B in annual sales. And on top of that, sales fell from the year before.

2
THE RISKS · 2/2
The stock has lost its spark

Since the drop from its peak, buyer appetite hasn’t come back.

FINALE · THE GRADE
grade pending

No score published: this stock trades under $10,000 on a typical day, so the price beside it is not one you could reliably act on.

One-line summary: few numbers, an untested story. Keep watching.

What would you like to do next?
Open the stock page →

Not covered, because the filings we hold do not carry it: the revenue breakdown.

This was a film — not investment advice.
Data: FMP & company filings
Sep 11, 2026 · stockexpertai.com · Stock Film