Elisa Oyj
Market Cap
€7.8b
Last Updated
2019/11/19 20:33 UTC
Data Sources
Company Financials +
Executive Summary
Elisa Oyj, together with its subsidiaries, provides telecommunications, and ICT and online services in Finland, Estonia, rest of Europe, and internationally.
Snowflake
Fundamentals
Adequate balance sheet with moderate growth potential.
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 has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-0.5%
ELISA
-0.6%
FI Telecom
-1.5%
FI Market
1 Year Return
32.0%
ELISA
2.5%
FI Telecom
8.1%
FI Market
Return vs Industry: ELISA exceeded the Finnish Telecom industry which returned 2.5% over the past year.
Return vs Market: ELISA exceeded the Finnish Market which returned 8.1% over the past year.
Shareholder returns
| ELISA | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.5% | -0.6% | -1.5% |
| 30 Day | -0.1% | -3.0% | 0.4% |
| 90 Day | 7.9% | 5.5% | 4.3% |
| 1 Year | 37.9%32.0% | 7.7%2.5% | 13.2%8.1% |
| 3 Year | 88.7%65.2% | 14.0%0.2% | 32.6%16.6% |
| 5 Year | 166.9%112.2% | 3.6%-16.3% | 51.7%22.4% |
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
Is Elisa Oyj's (HEL:ELISA) High P/E Ratio A Problem For Investors?2 weeks ago | Simply Wall St
We Think Elisa Oyj (HEL:ELISA) Can Stay On Top Of Its Debt1 month ago | Simply Wall St
Elisa Oyj Third-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For Next YearValuation
Is Elisa Oyj undervalued compared to its fair value and its price relative to the market?
25.76x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: ELISA (€48.87) is trading above our estimate of fair value (€38.71)
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 (25.8x) compared to the Telecom industry average (21.1x).
PE vs Market: ELISA is poor value based on its PE Ratio (25.8x) compared to the Finnish market (18.9x).
Price to Earnings Growth Ratio
PEG Ratio: ELISA is poor value based on its PEG Ratio (5.2x)
Price to Book Ratio
PB vs Industry: ELISA is overvalued based on its PB Ratio (7.3x) compared to the XE Telecom industry average (1.9x).
Next Steps
Future Growth
How is Elisa Oyj forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?
5.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ELISA's forecast earnings growth (5% per year) is above the savings rate (0.5%).
Earnings vs Market: ELISA's earnings (5% per year) are forecast to grow slower than the Finnish market (14% 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 faster than the Finnish market (1.2% 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 (29%)
Next Steps
Past Performance
How has Elisa Oyj performed over the past 5 years?
8.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ELISA has high quality earnings.
Growing Profit Margin: ELISA's current net profit margins (16.6%) are lower than last year (16.8%).
Past Earnings Growth Analysis
Earnings Trend: ELISA's earnings have grown by 8% per year over the past 5 years.
Accelerating Growth: ELISA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ELISA had negative earnings growth (-1.6%) over the past year, making it difficult to compare to the Telecom industry average (1.3%).
Return on Equity
High ROE: Whilst ELISA's Return on Equity (28.33%) is high, this metric is skewed due to their high level of debt.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Elisa Oyj's financial position?
Financial Position Analysis
Short Term Liabilities: ELISA's short term assets (€643.1M) exceeds its short term liabilities (€625.7M)
Long Term Liabilities: ELISA's short term assets (€643.1M) do not cover its long term liabilities (1.2B)
Debt to Equity History and Analysis
Debt Level: ELISA's debt to equity ratio (120.9%) is considered high.
Reducing Debt: ELISA's debt to equity ratio has reduced from 126.9% to 120.9% over the past 5 years.
Debt Coverage: ELISA's debt is well covered by operating cash flow (42.8%).
Interest Coverage: ELISA's interest payments on its debt are well covered by EBIT (17.1x coverage).
Balance Sheet
Inventory Level: ELISA has a high level of physical assets or inventory.
Debt Coverage by Assets: ELISA's debt is not covered by short term assets (assets are 0.5x debt).
Next Steps
Dividend
What is Elisa Oyj's current dividend yield, its reliability and sustainability?
3.58%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: ELISA's dividend (3.58%) is higher than the bottom 25% of dividend payers in the Finnish market (2.2%).
High Dividend: ELISA's dividend (3.58%) is low compared to the top 25% of dividend payers in the Finnish market (4.81%).
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 (92.3%), 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 (95.5% payout ratio).
Next Steps
Management
What is the CEO of Elisa Oyj's salary, the management and board of directors tenure and is there insider trading?
11.8yrs
Average management tenure
CEO
Veli-Matti Mattila (58yo)
0yrs
Tenure
€618,882
Compensation
Mr. Veli-Matti Johannes Mattila is a Chief Economist at Federation of Finnish Financial Services. Mr. Mattila serves as Chief Executive Officer and President at Elisa Oyj (formerly Elisa Communications Oyj ...
CEO Compensation Analysis
Compensation vs Market: Veli-Matti's total compensation ($USD0.00) is below average for companies of similar size in the Finnish market ($USD884.80K).
Compensation vs Earnings: Veli-Matti's compensation has been consistent with company performance over the past year.
Management Age and Tenure
11.8yrs
Average Tenure
53.5yo
Average Age
Experienced Management: ELISA's management team is seasoned and experienced (11.8 years average tenure).
Board Age and Tenure
2.6yrs
Average Tenure
56yo
Average Age
Experienced Board: ELISA's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.
Insider Trading
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.
Management Team
Sami Ylikortes (52yo)
Executive VP of Administration & Member of the Executive Board
- Tenure: 16.8yrs
Veli-Matti Mattila (58yo)
CEO, President & Member of Executive Board
- Tenure: 0yrs
- Compensation: €618.88k
Asko Känsälä (62yo)
Deputy CEO
- Tenure: 16.8yrs
Jari Kinnunen (57yo)
CFO & Member of Executive Board
- Tenure: 13.9yrs
Pasi Mäenpää (54yo)
Executive VP of New Business Development & Member of Executive Board
- Tenure: 13.8yrs
Timo Katajisto (51yo)
Executive VP of Corporate Customers & Member of the Executive Board
- Tenure: 11.8yrs
Katiye Vuorela (51yo)
Executive VP of Corporate Communications & Member of Executive Board
- Tenure: 11.1yrs
Merja Ranta-Aho (53yo)
Executive VP of Human Resources & Member of Executive Board
- Tenure: 6.8yrs
Vesa-Pekka Nikula (55yo)
Executive VP of Consumer Customers & Member of Executive Board
- Tenure: 5.8yrs
Henri Korpi (46yo)
Executive VP of International Digital Services & Member of Corporate Executive Board
- Tenure: 2.1yrs
Board Members
Anssi Vanjoki (63yo)
Chairman
- Tenure: 0.6yrs
- Compensation: €81.10k
Kim Ignatius (63yo)
Director
- Tenure: 0.6yrs
Seija Turunen (66yo)
Independent Director
- Tenure: 5.6yrs
- Compensation: €81.90k
Antti Vasara (54yo)
Independent Director
- Tenure: 2.6yrs
- Compensation: €70.60k
Leena Niemistö (56yo)
Independent Director
- Tenure: 9.7yrs
- Compensation: €69.20k
Clarisse Berggårdh (52yo)
Independent Director
- Tenure: 3.8yrs
- Compensation: €70.60k
Petteri Koponen (49yo)
Deputy Chairman
- Tenure: 0.6yrs
- Compensation: €68.70k
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: €7.814b
- Shares outstanding: 159.90m
- Website: https://elisa.fi
Number of Employees
Location
- Elisa Oyj
- Ratavartijankatu 5
- Helsinki
- Uusimaa
- 520
- Finland
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| ELMU.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Jul 1999 |
| ELISA | HLSE (OMX Nordic Exchange Helsinki) | Yes | Ordinary Shares | FI | EUR | Jul 1999 |
| EIA | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Jul 1999 |
| 0I8Y | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | EUR | Jul 1999 |
| ELISAH | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | EUR | Jul 1999 |
| ELMU.Y | OTCPK (Pink Sheets LLC) | UNSPONSORD ADR | US | USD | Oct 2008 |
Biography
Elisa Oyj, together with its subsidiaries, provides telecommunications, and ICT and online services in Finland, Estonia, rest of Europe, and internationally. It operates through Consumer Customers and Corp ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/11/19 20:33 |
| End of Day Share Price | 2019/11/19 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
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.