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Eltel

DB:E5E
Snowflake Description

Adequate balance sheet with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
E5E
DB
SEK3B
Market Cap
  1. Home
  2. DE
  3. Capital Goods
Company description

Eltel AB (publ) provides technical services for the power and communication infrastructure networks in Sweden, Finland, Norway, Poland, Denmark, Germany, and the Baltic countries. The last earnings update was 53 days ago. More info.


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E5E Share Price and Events
7 Day Returns
0.9%
DB:E5E
0.8%
DE Construction
0.2%
DE Market
1 Year Returns
-5.3%
DB:E5E
-29.7%
DE Construction
-10.9%
DE Market
E5E Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Eltel (E5E) 0.9% 14.5% 24.8% -5.3% -78.9% -
DE Construction 0.8% -6.1% -23.3% -29.7% -2.2% 62.7%
DE Market 0.2% -2.5% -2% -10.9% 8.9% 6.3%
1 Year Return vs Industry and Market
  • E5E outperformed the Construction industry which returned -29.7% over the past year.
  • E5E outperformed the Market in Germany which returned -10.9% over the past year.
Price Volatility
E5E
Industry
5yr Volatility vs Market
Related Companies

Value

 Is Eltel undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Eltel to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Eltel.

DB:E5E Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 2 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 9.4%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:E5E
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Construction Unlevered Beta Simply Wall St/ S&P Global 1.01
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.005 (1 + (1- 22%) (103.23%))
1.546
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.55
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.546 * 5.96%)
9.44%

Discounted Cash Flow Calculation for DB:E5E using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Eltel is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

DB:E5E DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 9.44%)
2019 15.00 Analyst x1 13.71
2020 13.00 Analyst x1 10.85
2021 19.00 Analyst x1 14.49
2022 24.00 Est @ 26.34% 16.73
2023 28.45 Est @ 18.5% 18.12
2024 32.15 Est @ 13.02% 18.71
2025 35.10 Est @ 9.18% 18.66
2026 37.38 Est @ 6.5% 18.16
2027 39.11 Est @ 4.62% 17.36
2028 40.40 Est @ 3.3% 16.39
Present value of next 10 years cash flows €163.18
DB:E5E DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= €40.40 × (1 + 0.23%) ÷ (9.44% – 0.23%)
€439.40
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €439.40 ÷ (1 + 9.44%)10
€178.23
DB:E5E Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €163.18 + €178.23
€341.41
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €341.41 / 156.65
€23.31
DB:E5E Discount to Share Price
Calculation Result
Exchange Rate EUR/SEK
(Reporting currency to currency of OM:ELTEL)
10.655
Value per Share
(SEK)
= Value per Share in EUR x Exchange Rate (EUR/SEK)
= €2.18 x 10.655
SEK23.22
Non-primary Listing Adjustment Factor 1 share in DB:E5E represents 0.09349x of OM:ELTEL
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.09349x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (SEK) x Listing Adjustment Factor
= SEK 23.22 x 0.09349
€2.17
Value per share (EUR) From above. €2.17
Current discount Discount to share price of €2.01
= -1 x (€2.01 - €2.17) / €2.17
7.4%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Eltel is available for.
Intrinsic value
7%
Share price is €2.01 vs Future cash flow value of €2.17
Current Discount Checks
For Eltel to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Eltel's share price is below the future cash flow value, but not at a moderate discount (< 20%).
  • Eltel's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Eltel's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Eltel's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:E5E PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in EUR €-0.14
OM:ELTEL Share Price ** OM (2019-06-18) in SEK SEK21.5
OM:ELTEL Share Price converted to EUR reporting currency Exchange rate (SEK/ EUR) 0.094 €2.02
Europe Construction Industry PE Ratio Median Figure of 94 Publicly-Listed Construction Companies 11.01x
Germany Market PE Ratio Median Figure of 424 Publicly-Listed Companies 19.63x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Eltel.

DB:E5E PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= OM:ELTEL Share Price ÷ EPS (both in EUR)

= 2.02 ÷ -0.14

-14.91x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Eltel is loss making, we can't compare its value to the Europe Construction industry average.
  • Eltel is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Eltel's expected growth come at a high price?
Raw Data
DB:E5E PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -14.91x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
103.7%per year
Europe Construction Industry PEG Ratio Median Figure of 45 Publicly-Listed Construction Companies 1.23x
Germany Market PEG Ratio Median Figure of 270 Publicly-Listed Companies 1.46x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Eltel, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Eltel's assets?
Raw Data
DB:E5E PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in EUR €1.50
OM:ELTEL Share Price * OM (2019-06-18) in SEK SEK21.5
OM:ELTEL Share Price converted to EUR reporting currency Exchange rate (SEK/ EUR) 0.094 €2.02
Europe Construction Industry PB Ratio Median Figure of 131 Publicly-Listed Construction Companies 1.13x
Germany Market PB Ratio Median Figure of 576 Publicly-Listed Companies 1.77x
DB:E5E PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= OM:ELTEL Share Price ÷ Book Value per Share (both in EUR)

= 2.02 ÷ 1.50

1.34x

* Primary Listing of Eltel.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Eltel is overvalued based on assets compared to the Europe Construction industry average.
X
Value checks
We assess Eltel's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Construction industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Construction industry average (and greater than 0)? (1 check)
  5. Eltel has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Eltel expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
103.7%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Eltel expected to grow at an attractive rate?
  • Eltel's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Eltel's earnings growth is expected to exceed the Germany market average.
  • Eltel's revenues are expected to decrease over the next 1-3 years, this is below the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:E5E Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:E5E Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 103.7%
DB:E5E Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts -0.5%
Europe Construction Industry Earnings Growth Rate Market Cap Weighted Average 12.9%
Europe Construction Industry Revenue Growth Rate Market Cap Weighted Average 2.8%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.7%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:E5E Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:E5E Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 1,136 61 16 1
2020-12-31 1,172 55 17 2
2019-12-31 1,137 57 -1 1
DB:E5E Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2019-03-31 1,173 5 -21
2018-12-31 1,189 3 -23
2018-09-30 1,232 -25 -28
2018-06-30 1,264 -34 -29
2018-03-31 1,299 -33 -54
2017-12-31 1,330 -65 -205
2017-09-30 1,343 -87 -278
2017-06-30 1,371 -37 -266
2017-03-31 1,410 -39 -241
2016-12-31 1,400 -8 -84
2016-09-30 1,410 61 14
2016-06-30 1,365 30 37

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Eltel's earnings are expected to grow significantly at over 20% yearly.
  • Eltel's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:E5E Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from Eltel Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:E5E Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 0.10 0.10 0.10 1.00
2020-12-31 0.11 0.16 0.06 2.00
2019-12-31 -0.01 -0.01 -0.01 1.00
DB:E5E Past Financials Data
Date (Data in EUR Millions) EPS *
2019-03-31 -0.14
2018-12-31 -0.15
2018-09-30 -0.18
2018-06-30 -0.18
2018-03-31 -0.37
2017-12-31 -1.56
2017-09-30 -2.58
2017-06-30 -3.15
2017-03-31 -3.28
2016-12-31 -1.33
2016-09-30 0.23
2016-06-30 0.59

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Eltel is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Eltel's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Eltel has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Eltel performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Eltel's growth in the last year to its industry (Construction).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Eltel does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Eltel's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Eltel's 1-year growth to the Europe Construction industry average as it is not currently profitable.
Earnings and Revenue History
Eltel's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Eltel Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:E5E Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 1,173.30 -21.20 104.20
2018-12-31 1,188.90 -23.30 109.20
2018-09-30 1,232.20 -27.70 112.90
2018-06-30 1,264.40 -28.90 114.00
2018-03-31 1,298.70 -53.60 118.20
2017-12-31 1,329.90 -205.30 118.70
2017-09-30 1,342.80 -278.30 120.70
2017-06-30 1,370.80 -265.50 121.20
2017-03-31 1,410.10 -241.20 119.70
2016-12-31 1,399.80 -83.50 116.50
2016-09-30 1,410.00 14.10 112.30
2016-06-30 1,364.70 37.10 105.20
2016-03-31 1,303.40 45.60 101.70
2015-12-31 1,254.90 41.70 102.20
2015-09-30 1,209.90 32.30 112.70
2015-06-30 1,230.00 6.60 130.60
2015-03-31 1,222.00 2.20 130.70
2014-12-31 1,242.10 5.10 128.30
2014-09-30 1,235.70 -3.20 118.80
2013-12-31 1,147.50 5.90 96.90
2012-12-31 1,149.00 6.50 95.10

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Eltel has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Eltel has efficiently used its assets last year compared to the Europe Construction industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Eltel improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Eltel's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Construction industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Eltel has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Eltel's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Eltel's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Eltel's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Eltel's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Eltel's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 1.7x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Eltel Company Filings, last reported 2 months ago.

DB:E5E Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 243.40 326.30 47.80
2018-12-31 251.90 235.90 88.40
2018-09-30 262.30 269.20 60.00
2018-06-30 271.30 244.50 60.50
2018-03-31 274.10 208.30 41.00
2017-12-31 284.10 199.30 67.90
2017-09-30 297.50 221.10 13.90
2017-06-30 308.40 334.00 161.80
2017-03-31 184.20 313.10 7.70
2016-12-31 347.00 318.50 85.20
2016-09-30 421.00 321.20 70.40
2016-06-30 425.90 318.60 50.90
2016-03-31 447.20 285.70 58.40
2015-12-31 448.00 267.70 87.90
2015-09-30 427.80 283.60 23.70
2015-06-30 413.90 228.70 34.40
2015-03-31 403.90 218.80 17.30
2014-12-31 254.80 340.70 61.00
2014-09-30 260.00 355.40 42.20
2013-12-31 267.30 357.40 26.20
2012-12-31 257.80 374.00 16.60
  • Eltel's level of debt (97.3%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (134.7% vs 97.3% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Eltel has sufficient cash runway for 2.9 years based on current free cash flow.
  • Eltel has sufficient cash runway for 2.2 years if free cash flow continues to grow at historical rates of 50.2% each year.
X
Financial health checks
We assess Eltel's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Eltel has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Eltel's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Eltel dividends. Estimated to be 1.63% next year.
If you bought €2,000 of Eltel shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Eltel's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Eltel's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:E5E Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
Europe Construction Industry Average Dividend Yield Market Cap Weighted Average of 74 Stocks 3.9%
Germany Market Average Dividend Yield Market Cap Weighted Average of 327 Stocks 3.2%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.5%
Germany Top 25% Dividend Yield 75th Percentile 3.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:E5E Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 0.05 1.00
2020-12-31 0.04 2.00
2019-12-31 0.00 1.00
DB:E5E Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2017-11-02 0.000 0.000
2017-10-16 0.000 0.000
2017-08-17 0.000 0.000
2017-07-17 0.000 0.000
2017-05-02 0.000 0.000
2016-03-29 0.240 3.339

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Eltel has not reported any payouts.
  • Unable to verify if Eltel's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Eltel's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Eltel has not reported any payouts.
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.6x coverage).
X
Income/ dividend checks
We assess Eltel's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Eltel afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Eltel has a total score of 1/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Eltel's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Casimir Lindholm
COMPENSATION €674,000
AGE 47
TENURE AS CEO 0.8 years
CEO Bio

Mr. Casimir Lindholm, M.Sc. (Econ.), MBA, has been the CEO and President at Eltel AB (publ) since September 01, 2018. He also served as Acting Managing Director of Country Unit Sweden at Eltel AB (publ) since 2018 until 2019. Mr. Lindholm served as the Chairman of Management Board, Chief Executive Officer and President of Lemminkainen Oyj (Lemminkäinen Corporation) since August 1, 2014 until September 01, 2018 and has also been its Member of the Executive Board since January 1, 2013. Mr. Lindholm has been a Director of Uponor Oyj since March 13, 2018. He served as Executive Vice President of Building Construction at Lemminkainen Oyj since January 1, 2013 and its Deputy to Chief Executive Officer since April 2, 2014. Mr. Lindholm served as the Chief Executive Officer of Eltel Networks Infranet, a subsidiary of Eltel Networks Oy from August 1, 2009 to 2012. He served as the Chief Executive Officer of Eltel-Sweden at Eltel Networks AS from 2008 to 2012. He served as President of Fixed Telecom (Finland, Sweden, Norway and Poland) and Manager of Area Business Unit North of Sweden at Eltel Group Corporation and Eltel Networks Infranet AB from 2008 to 2012. Mr. Lindholm served as the Head of central division at ELTEL Networks Infranet AB until August 1, 2009 and at Eltel Networks Oy. He served as Head of Customer Service and operations for Sweden at Glocalnet AB (Telenor Sweden) from 2006 to 2008. He served as Principal Business Consultant, Sweden at Atos Origin, Scandinavia from 2003 to 2005. He served as Manager of Sweden, Experienced Consultant of Sweden and Consultant of Finland at Andersen Business Consulting, Nordic from 1998 to 2003. He served as a Director of Keskinäinen työeläkevakuutusyhtiö Varma since January 1, 2017. He served as Member of Supervisory Board at Ilmarinen Mutual Pension Insurance Company. Mr. Lindholm attended National Service Training at Navy, Upinniemi Finland from 1990 to 1991.

CEO Compensation
  • Insufficient data for Casimir to compare compensation growth.
  • Casimir's remuneration is about average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Eltel management team in years:

1.3
Average Tenure
53
Average Age
  • The average tenure for the Eltel management team is less than 2 years, this suggests a new team.
Management Team

Casimir Lindholm

TITLE
President & CEO
COMPENSATION
€674K
AGE
47
TENURE
0.8 yrs

Petter Traaholt

TITLE
Chief Financial Officer
AGE
55
TENURE
1.9 yrs

Elin Otter

TITLE
Head of Communications & Investor Relations
TENURE
0.4 yrs

Henrik Sundell

TITLE
General Counsel
AGE
54
TENURE
2.7 yrs

Karin Woolford

TITLE
Director of Human Resources
AGE
49
TENURE
1.4 yrs

Juha Luusua

TITLE
Managing Director of Country Unit Finland
AGE
53
TENURE
1.3 yrs

Leif Göransson

TITLE
Managing Director of Country Unit Sweden
AGE
51
TENURE
0.7 yrs

Claus Jensen

TITLE
Managing Director of Country Unit Denmark
AGE
50
TENURE
1.3 yrs

Thor-Egel Bråthen

TITLE
Managing Director of Country Unit Norway
AGE
53
TENURE
1.3 yrs

Gustav Bard

TITLE
Executive
COMPENSATION
€33K
AGE
54
Board of Directors Tenure

Average tenure and age of the Eltel board of directors in years:

2
Average Tenure
55
Average Age
  • The average tenure for the Eltel board of directors is less than 3 years, this suggests a new board.
Board of Directors

Ulf Mattsson

TITLE
Chairman of the Board
COMPENSATION
€183K
AGE
54
TENURE
2 yrs

Gunilla Fransson

TITLE
Independent Director
COMPENSATION
€50K
AGE
58
TENURE
3.4 yrs

Ulf Lundahl

TITLE
Independent Director
COMPENSATION
€48K
AGE
66
TENURE
4.7 yrs

Jonny Andersson

TITLE
Employee Representative Director
AGE
40
TENURE
4.1 yrs

Björn Ekblom

TITLE
Employee Representative Director
AGE
42
TENURE
4.1 yrs

Hans von Uthmann

TITLE
Director
COMPENSATION
€48K
AGE
60
TENURE
2 yrs

Håkan Dahlström

TITLE
Director
COMPENSATION
€48K
AGE
56
TENURE
2 yrs

Markku Moilanen

TITLE
Director
COMPENSATION
€40K
AGE
57
TENURE
2 yrs

Joakim Olsson

TITLE
Director
COMPENSATION
€24K
AGE
53
TENURE
1.1 yrs

Mikael Aro

TITLE
Director
COMPENSATION
€8K
AGE
53
TENURE
0.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
30. Nov 18 Buy Håkan Dahlström Individual 28. Nov 18 30. Nov 18 50,500 €1.38 €68,732
20. Nov 18 Buy Håkan Dahlström Individual 19. Nov 18 19. Nov 18 20,000 €1.40 €28,072
07. Nov 18 Buy Leif Göransson Individual 07. Nov 18 07. Nov 18 10,000 €1.37 €13,703
07. Nov 18 Buy Mikael Malmgren Individual 07. Nov 18 07. Nov 18 5,000 €1.37 €6,850
22. Aug 18 Buy Karin Woolford Individual 20. Aug 18 20. Aug 18 5,900 €2.28 €13,425
09. Aug 18 Buy Leif Göransson Individual 09. Aug 18 09. Aug 18 7,500 €2.35 €17,605
09. Aug 18 Buy Henrik Sundell Individual 09. Aug 18 09. Aug 18 3,200 €2.33 €7,450
X
Management checks
We assess Eltel's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Eltel has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Eltel AB (publ) provides technical services for the power and communication infrastructure networks in Sweden, Finland, Norway, Poland, Denmark, Germany, and the Baltic countries. It operates through Power, Communication, and Other segments. The company builds, maintains, and upgrades power transmission systems, as well as supplies power distribution services. It also designs, plans, builds, installs, upgrades, operates, and services mobile and fixed networks. In addition, it offers maintenance services, which comprise scheduled and corrective care services and connect services; upgrade and conversion services to recover and upgrade the condition or technology of an existing infrastructure network; and project delivery services, which include engineering and delivering customer specific network infrastructure projects. It provides its services to national transmission system operators, power distribution grids, telecom operators, and other communication network owners. The company is headquartered in Bromma, Sweden.

Details
Name: Eltel AB (publ)
E5E
Exchange: DB
Founded:
SEK316,090,150
156,649,081
Website: http://www.eltelgroup.com
Address: Eltel AB (publ)
Adolfsbergsvägen 13,
POB 126 23,
Bromma,
Stockholm County, 112 92,
Sweden
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OM ELTEL Common Stock OMX Nordic Exchange Stockholm SE SEK 06. Feb 2015
DB E5E Common Stock Deutsche Boerse AG DE EUR 06. Feb 2015
LSE 0R53 Common Stock London Stock Exchange GB SEK 06. Feb 2015
BATS-CHIXE ELTELS Common Stock BATS 'Chi-X Europe' GB SEK 06. Feb 2015
Number of employees
Current staff
Staff numbers
7,180
Eltel employees.
Industry
Construction and Engineering
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/18 22:28
End of day share price update: 2019/06/18 00:00
Last estimates confirmation: 2019/05/06
Last earnings filing: 2019/04/26
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.