Elisa Oyj
Market Cap
€8.7b
Last Updated
2021/07/29 21:23 UTC
Data Sources
Company Financials +
Executive Summary
Elisa Oyj provides data communications and digital services. More Details
Rewards
Risk Analysis
Dividend of 3.6% is not well covered by earnings or forecast to be in the next 3 years
Snowflake Analysis
Average dividend payer with mediocre balance sheet.
Similar Companies
Share Price & News
How has Elisa Oyj's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ELISA is less volatile than 75% of Finnish stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: ELISA's weekly volatility (2%) has been stable over the past year.
Market Performance
7 Day Return
-0.3%
ELISA
-0.6%
FI Telecom
-0.6%
FI Market
1 Year Return
7.3%
ELISA
10.8%
FI Telecom
36.8%
FI Market
Return vs Industry: ELISA underperformed the Finnish Telecom industry which returned 9.5% over the past year.
Return vs Market: ELISA underperformed the Finnish Market which returned 37.1% over the past year.
Shareholder returns
| ELISA | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.3% | -0.6% | -0.6% |
| 30 Day | 7.6% | -0.5% | 5.5% |
| 90 Day | 14.7% | 3.8% | 9.2% |
| 1 Year | 11.5%7.3% | 17.3%10.8% | 40.9%36.8% |
| 3 Year | 65.1%47.3% | 15.4%-0.9% | 47.5%25.5% |
| 5 Year | 107.6%69.3% | 16.6%-7.3% | 89.1%50.8% |
Long-Term Price Volatility Vs. Market
How volatile is Elisa Oyj's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Elisa Oyj's (HEL:ELISA) Intrinsic Value Is Potentially 1.0% Below Its Share Price4 weeks ago | Simply Wall St
Here's Why Elisa Oyj (HEL:ELISA) Can Manage Its Debt Responsibly1 month ago | Simply Wall St
Do Institutions Own Elisa Oyj (HEL:ELISA) Shares?Valuation
Is Elisa Oyj undervalued compared to its fair value and its price relative to the market?
26.12x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: ELISA (€54.12) is trading above our estimate of fair value (€43.31)
Significantly Below Fair Value: ELISA is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ELISA is poor value based on its PE Ratio (26.1x) compared to the European Telecom industry average (21x).
PE vs Market: ELISA is poor value based on its PE Ratio (26.1x) compared to the Finnish market (25.9x).
Price to Earnings Growth Ratio
PEG Ratio: ELISA is poor value based on its PEG Ratio (5.4x)
Price to Book Ratio
PB vs Industry: ELISA is overvalued based on its PB Ratio (8.4x) compared to the XE Telecom industry average (2.1x).
Future Growth
How is Elisa Oyj forecast to perform in the next 1 to 3 years based on estimates from 19 analysts?
4.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ELISA's forecast earnings growth (4.8% per year) is above the savings rate (0.2%).
Earnings vs Market: ELISA's earnings (4.8% per year) are forecast to grow slower than the Finnish market (10.1% per year).
High Growth Earnings: ELISA's earnings are forecast to grow, but not significantly.
Revenue vs Market: ELISA's revenue (1.5% per year) is forecast to grow slower than the Finnish market (3.5% per year).
High Growth Revenue: ELISA's revenue (1.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ELISA's Return on Equity is forecast to be high in 3 years time (30.4%)
Past Performance
How has Elisa Oyj performed over the past 5 years?
3.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ELISA has high quality earnings.
Growing Profit Margin: ELISA's current net profit margins (17.2%) are higher than last year (17%).
Past Earnings Growth Analysis
Earnings Trend: ELISA's earnings have grown by 3.8% per year over the past 5 years.
Accelerating Growth: ELISA's earnings growth over the past year (3.6%) is below its 5-year average (3.8% per year).
Earnings vs Industry: ELISA earnings growth over the past year (3.6%) underperformed the Telecom industry 18.5%.
Return on Equity
High ROE: Whilst ELISA's Return on Equity (32.2%) is high, this metric is skewed due to their high level of debt.
Financial Health
How is Elisa Oyj's financial position?
Financial Position Analysis
Short Term Liabilities: ELISA's short term assets (€604.3M) exceed its short term liabilities (€582.7M).
Long Term Liabilities: ELISA's short term assets (€604.3M) do not cover its long term liabilities (€1.3B).
Debt to Equity History and Analysis
Debt Level: ELISA's debt to equity ratio (132.9%) is considered high.
Reducing Debt: ELISA's debt to equity ratio has increased from 130.7% to 132.9% over the past 5 years.
Debt Coverage: ELISA's debt is well covered by operating cash flow (43.9%).
Interest Coverage: ELISA's interest payments on its debt are well covered by EBIT (36.3x coverage).
Balance Sheet
Dividend
What is Elisa Oyj current dividend yield, its reliability and sustainability?
3.60%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ELISA's dividend (3.6%) is higher than the bottom 25% of dividend payers in the Finnish market (1.58%).
High Dividend: ELISA's dividend (3.6%) is in the top 25% of dividend payers in the Finnish market (3.45%)
Stability and Growth of Payments
Stable Dividend: ELISA's dividends per share have been stable in the past 10 years.
Growing Dividend: ELISA's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (94.1%), ELISA's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ELISA's dividends in 3 years are not forecast to be well covered by earnings (98.8% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
10.6yrs
Average management tenure
CEO
Veli-Matti Mattila (60 yo)
no data
Tenure
€3,151,877
Compensation
Mr. Veli-Matti Johannes Mattila, M.Sc (Tech.), MBA, serves as Director at Orion Oyj since March 25, 2021. He is a Chief Economist at Federation of Finnish Financial Services. Mr. Mattila serves as Chief Ex...
CEO Compensation Analysis
Compensation vs Market: Veli-Matti's total compensation ($USD3.75M) is about average for companies of similar size in the Finnish market ($USD3.63M).
Compensation vs Earnings: Veli-Matti's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: ELISA's management team is seasoned and experienced (10.6 years average tenure).
Board Members
Experienced Board: ELISA's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Elisa Oyj's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Elisa Oyj
- Ticker: ELISA
- Exchange: HLSE
- Founded: 1882
- Industry: Integrated Telecommunication Services
- Sector: Telecom
- Market Cap: €8.669b
- Shares outstanding: 160.19m
- Website: https://www.elisa.com
Number of Employees
Location
- Elisa Oyj
- Ratavartijankatu 5
- Helsinki
- Uusimaa
- 61
- Finland
Listings
Biography
Elisa Oyj provides data communications and digital services. It operates in two segments, Consumer Customers and Corporate Customers segments. The company offers telecommunications and communications servi...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/07/29 21:23 |
| End of Day Share Price | 2021/07/29 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.