Elkem Overview
- Year Founded
-
1904
- Status
-
Public
- Employees
-
7,436
- Stock Symbol
-
ELK
- Investments
-
19
- Share Price
-
$1.70
- (As of Thursday Closing)
Elkem General Information
Description
Elkem ASA offers advanced material solutions shaping a better and more sustainable future. The company develops silicones, silicon products, and carbon solutions by combining natural raw materials, renewable energy, and human ingenuity. Elkem helps its customers create and improve essential innovations like electric mobility, digital communications, health, and personal care as well as smarter and more sustainable cities. Elkem has three reportable segments namely Silicones, Silicon Products, and Carbon Solutions. It generates most of the revenue from the Silicones segment.
Contact Information
Website
www.elkem.comCorporate Office
- Drammensveien 169
- 0277 Oslo
- Norway
Corporate Office
- Drammensveien 169
- 0277 Oslo
- Norway
Elkem Timeline
Elkem Stock Performance
As of 05-Dec-2024, Elkem’s stock price is $1.70. Its current market cap is $1.08B with 634M shares.
(As of Thursday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $1.70 | $1.69 | $1.53 - $2.31 | $1.08B | 634M | 1.16M |
Elkem Financials Summary
As of 30-Sep-2024, Elkem has a trailing 12-month revenue of $2.96B.
|
In Thousands, USD |
TTM 30-Sep-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 | FY 2021 31-Dec-2021 |
|---|---|---|---|---|
| EV | 2,213,667 | 2,090,700 | 2,578,252 | 2,810,662 |
| Revenue | 2,959,440 | 3,244,313 | 4,658,204 | 3,836,146 |
| EBITDA | 268,921 | 361,203 | 1,497,997 | 913,147 |
| Net Income | 4,286 | 6,797 | 989,317 | 536,641 |
| Total Assets | 4,995,973 | 4,965,390 | 5,385,377 | 4,744,242 |
| Total Debt | 1,718,769 | 1,593,448 | 1,252,653 | 1,414,430 |
Elkem Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Elkem Comparisons
Industry
Financing
Details
Elkem Competitors (6)
One of Elkem’s 6 competitors is Dow, a Corporate Backed or Acquired company based in Midland, MI.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Dow | Corporate Backed or Acquired | Midland, MI | ||||
| Alfa Aesar | Corporate Backed or Acquired | Heysham, United Kingdom | ||||
| Momentive Performance Materials | Formerly PE-Backed | Niskayuna, NY | ||||
| Techsil | Corporate Backed or Acquired | United Kingdom | ||||
| W. R. Grace & Company | Private Equity-Backed | Columbia, MD |
Elkem Patents
Elkem Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| AU-2022250998-A1 | Ferrosilicon vanadium and/or niobium alloy, production of a ferrosilicon vanadium and/or niobium alloy, and the use thereof | Pending | 30-Mar-2021 | ||
| CA-3214635-A1 | Ferrosilicon vanadium and/or niobium alloy, production of a ferrosilicon vanadium and/or niobium alloy, and the use thereof | Pending | 30-Mar-2021 | ||
| JP-2024514512-A | Production of ferrosilicon-vanadium and/or niobium alloys, ferrosilicon-vanadium and/or niobium alloys and their use | Pending | 30-Mar-2021 | ||
| EP-4314371-A1 | Ferrosilicon vanadium and/or niobium alloy, production of a ferrosilicon vanadium and/or niobium alloy, and the use thereof | Pending | 30-Mar-2021 | ||
| EP-4314372-A1 | Ferrosilicon vanadium and/or niobium alloy, production of a ferrosilicon vanadium and/or niobium alloy, and the use thereof | Pending | 30-Mar-2021 | C22C33/08 |
Elkem Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Elkem Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
Elkem Investments & Acquisitions (19)
Elkem’s most recent deal was a Merger/Acquisition with REC Solar Norway for . The deal was made on 16-May-2024.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| REC Solar Norway | 16-May-2024 | Merger/Acquisition | Alternative Energy Equipment | ||
| 3deus Dynamics | 02-May-2024 | Early Stage VC | Other Commercial Services | ||
| VUM | 31-May-2023 | Merger/Acquisition | Industrial Supplies and Parts | ||
| Cenate | 05-Sep-2022 | Later Stage VC | Other Materials | ||
| Keyvest Belgium | 20-Jun-2022 | Merger/Acquisition | Other Metals, Minerals and Mining |
Elkem Subsidiaries (6)
| Company Name | Industry | Location | Founded |
|---|---|---|---|
| Elkem Silicones Services | Other Commercial Services | Lyon, France | 2009 |
| Keyvest Belgium | Other Metals, Minerals and Mining | Liège, Belgium | |
| Tennant Metallurgical | Other Commercial Services | Chesterfield, United Kingdom | |
| Elkem Nordic | Distributors/Wholesale | Vedbaek, Denmark | |
| VUM | Industrial Supplies and Parts | Ziar nad Hronom, Slovakia |
Elkem ESG
Risk Overview
Risk Rating
Updated August, 23, 2024
23.39 | Med Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
Management
Management is related to actions taken to manage ESG issues
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
of 15,100
Rank
Percentile
Chemicals
Industry
of 585
Rank
Percentile
Specialty Chemicals
Subindustry
of 147
Rank
Percentile
Elkem Exits (3)
Elkem’s most recent exit was on 13-May-2015 from REC Solar. The exit was categorized as .
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| REC Solar | 13-May-2015 | Completed |
|
||
| Sapa | 01-Jan-2001 | Completed |
|
||
| Fesil | 01-May-2000 | PIPE | Completed |
Elkem FAQs
-
When was Elkem founded?
Elkem was founded in 1904.
-
Where is Elkem headquartered?
Elkem is headquartered in Oslo, Norway.
-
What is the size of Elkem?
Elkem has 7,436 total employees.
-
What industry is Elkem in?
Elkem’s primary industry is Specialty Chemicals.
-
Is Elkem a private or public company?
Elkem is a Public company.
-
What is Elkem’s stock symbol?
The ticker symbol for Elkem is ELK.
-
What is the current stock price of Elkem?
As of 05-Dec-2024 the stock price of Elkem is $1.70.
-
What is the current market cap of Elkem?
The current market capitalization of Elkem is $1.08B.
-
What is Elkem’s current revenue?
The trailing twelve month revenue for Elkem is $2.96B.
-
Who are Elkem’s competitors?
Dow, Alfa Aesar, Momentive Performance Materials, Techsil, and W. R. Grace & Company are some of the 6 competitors of Elkem.
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