Elkem ASA Market Cap ($2.14 Billion)
Market Cap & Net Worth: Elkem ASA (ELK)
Elkem ASA market cap. Elkem ASA (OL:ELK) has a market capitalization of $2.14 Billion (Nkr20.33 Billion) as of October 31, 2026. Listed on the OL stock exchange, this Norway-based company holds position #5743 globally and #44 in its home market, demonstrating a 1.58% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Elkem ASA's stock price Nkr32.06 by its total outstanding shares 634219478 (634.22 Million).
Elkem ASA Market Cap History (2018–2026)
Elkem ASA market cap history from 2018 to 2026. Data shows growth from $974.87 Million to $2.14 Billion (6.73% CAGR). Check Elkem ASA share price for real-time trading data and today's change.
Elkem ASA Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Elkem ASA's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance. Also see how efficiently does Elkem ASA generate cash for how efficiently the company converts equity into cash flow.
Latest Price to Sales (P/S) Ratio
0.12x
Elkem ASA's market cap is 0.12 times its annual revenue
Latest Price to Earnings (P/E) Ratio
N/A
P/E ratio not applicable due to negative or zero earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2018 | $974.87 Million | $25.66 Billion | $3.34 Billion | 0.04x | 0.29x |
| 2019 | $1.18 Billion | $22.25 Billion | $855.00 Million | 0.05x | 1.38x |
| 2020 | $1.40 Billion | $24.03 Billion | $239.00 Million | 0.06x | 5.86x |
| 2021 | $1.48 Billion | $33.08 Billion | $4.63 Billion | 0.04x | 0.32x |
| 2022 | $1.88 Billion | $45.02 Billion | $9.56 Billion | 0.04x | 0.20x |
| 2023 | $1.41 Billion | $21.13 Billion | $73.00 Million | 0.07x | 19.34x |
| 2024 | $1.17 Billion | $17.81 Billion | $487.00 Million | 0.07x | 2.40x |
| 2025 | $2.03 Billion | $16.54 Billion | -$668.00 Million | 0.12x | N/A |
Competitor Companies of ELK by Market Capitalization
Companies near Elkem ASA in the global market cap rankings as of October 31, 2026. See Elkem ASA balance sheet independence to understand what proportion of total assets are financed by equity.
Key companies related to Elkem ASA by market ranking:
- Linde plc Ordinary Shares (NASDAQ:LIN): Ranked #95 globally with a market cap of $215.12 Billion USD.
- AIR LIQUIDE ADR 1/5/EO 11 (F:AILA): Ranked #243 globally with a market cap of $103.86 Billion USD ( €88.84 Billion EUR).
- Air Liquide SA (PA:AI): Ranked #252 globally with a market cap of $101.06 Billion USD ( €86.44 Billion EUR).
- Sherwin-Williams Co (NYSE:SHW): Ranked #334 globally with a market cap of $81.83 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #95 | Linde plc Ordinary Shares | NASDAQ:LIN | $215.12 Billion | $503.15 |
| #243 | AIR LIQUIDE ADR 1/5/EO 11 | F:AILA | $103.86 Billion | €36.60 |
| #252 | Air Liquide SA | PA:AI | $101.06 Billion | €177.38 |
| #334 | Sherwin-Williams Co | NYSE:SHW | $81.83 Billion | $330.10 |
Market Capitalization of Elkem ASA (2018–2026)
Market capitalization of Elkem ASA from 2018 to today. Between 2018 and today, Elkem ASA's market cap moved from $974.87 Million to $ 2.14 Billion, with a yearly change of 6.73%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | Nkr2.14 Billion | +5.18% |
| 2025 | Nkr2.03 Billion | +73.97% |
| 2024 | Nkr1.17 Billion | -17.20% |
| 2023 | Nkr1.41 Billion | -24.88% |
| 2022 | Nkr1.88 Billion | +27.24% |
| 2021 | Nkr1.48 Billion | +5.57% |
| 2020 | Nkr1.40 Billion | +18.51% |
| 2019 | Nkr1.18 Billion | +21.14% |
| 2018 | Nkr974.87 Million | -- |
End of Day Market Cap According to Different Sources
On Oct 30th, 2026 the market cap of Elkem ASA was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $2.14 Billion USD |
| MoneyControl | $2.14 Billion USD |
| MarketWatch | $2.14 Billion USD |
| marketcap.company | $2.14 Billion USD |
| Reuters | $2.14 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Elkem ASA
Elkem ASA engages in the provision of advanced material solutions worldwide. It operates through Silicones, Silicon Products, and Carbon Solutions segments. The company offers silicones polymers, including silicone oils, compounds, emulsions, grease, and resins, as well as chlorosilanes, heat cured rubber silicone, liquid silicone rubber, and RTV-1 and RTV-2 silicones. It also provides silicon-ba… Read more