How does ELMRAO's PE Ratio compare to its peers?

ELMRAO is expensive based on its Price-To-Earnings Ratio (17.5x) compared to the peer average (8.1x).

How does ELMRAO's PE Ratio compare vs other companies in the European Electric Utilities Industry?

ELMRAO is expensive based on its Price-To-Earnings Ratio (17.5x) compared to the European Electric Utilities industry average (11.5x).

What is ELMRAO's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate ELMRAO's Price-To-Earnings Fair Ratio for valuation analysis.

What is the Fair Price of ELMRAO when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

ELMRAO (NOK33.4) is trading below our estimate of [[fair value]] (NOK252.29)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

Elmera Group (BATS-CHIXE:ELMRAO) - Stock Price, News & Analysis

ELMRAO Stock Overview

Engages in the purchase, sale, and portfolio management of electrical power to households, private and public companies, and municipalities in Norway. More details

ELMRAO fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	2/6
Past Performance	4/6
Financial Health	4/6
Dividends	3/6

Rewards

Trading at 86.8% below our estimate of its fair value

Earnings are forecast to grow 13.93% per year

Earnings grew by 293.5% over the past year

Risk Analysis

Shares are highly illiquid

Has a high level of debt

Dividend of 6.08% is not well covered by earnings

My Notes

Capture your thoughts, links and company narrative

Elmera Group ASA Competitors

Jersey Electricity

LSE:JEL

UK£131.8m

OPG Power Ventures

AIM:OPG

UK£19.2m

SSE

LSE:SSE

UK£17.7b

Yü Group

AIM:YU.

UK£269.4m

Price History & Performance

Summary of share price highs, lows and changes for Elmera Group
Historical stock prices
Current Share Price	NOK 33.40
52 Week High	NOK 33.40
52 Week Low	NOK 33.40
Beta	0.84
1 Month Change	0%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	-50.00%
Change since IPO	-31.84%

Recent updates

Shareholder Returns

	ELMRAO	GB Electric Utilities	GB Market
7D	0%	1.7%	0.8%
1Y	n/a	9.9%	10.2%

Return vs Industry: Insufficient data to determine how ELMRAO performed against the UK Electric Utilities industry.

Return vs Market: Insufficient data to determine how ELMRAO performed against the UK Market.

Price Volatility

Is ELMRAO's price volatile compared to industry and market?
ELMRAO volatility
ELMRAO Average Weekly Movement	n/a
Electric Utilities Industry Average Movement	3.8%
Market Average Movement	4.8%
10% most volatile stocks in GB Market	10.7%
10% least volatile stocks in GB Market	2.7%

Stable Share Price: ELMRAO's share price has been volatile over the past 3 months compared to the UK market.

Volatility Over Time: Insufficient data to determine ELMRAO's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2001	434	Rolf Barmen	investor.elmeragroup.no

Elmera Group ASA, together with its subsidiaries, engages in the purchase, sale, and portfolio management of electrical power to households, private and public companies, and municipalities in Norway. The company operates through Consumer, Business, and Nordic segments. It sells electrical power and related services to private consumers, business consumers, as well as consumers in Finland and Sweden.

Elmera Group ASA Fundamentals Summary

How do Elmera Group's earnings and revenue compare to its market cap?
ELMRAO fundamental statistics
Market cap	NOK 4.13b
Earnings (TTM)	NOK 236.05m
Revenue (TTM)	NOK 14.04b

17.5x

P/E Ratio

0.3x

P/S Ratio

Is ELMRAO overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ELMRAO income statement (TTM)
Revenue	NOK 14.04b
Cost of Revenue	NOK 12.24b
Gross Profit	NOK 1.79b
Other Expenses	NOK 1.56b
Earnings	NOK 236.05m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 13, 2025

Earnings per share (EPS)	2.16
Gross Margin	12.78%
Net Profit Margin	1.68%
Debt/Equity Ratio	66.6%

How did ELMRAO perform over the long term?

See historical performance and comparison

Dividends

6.1%

Current Dividend Yield

106%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/28 04:18
End of Day Share Price	2024/10/31 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Elmera Group ASA is covered by 4 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
null null	ABG Sundal Collier
Ole Westgaard	DNB Markets
Ignas Lekštys	Norne Securities AS

Elmera Group BATS-CHIXE:ELMRAO Stock Report