ELMRA logo

Elmera GroupOB:ELMRA Stock Report

Market Cap NOK 3.7b
Share Price
NOK 34.00
My Fair Value
NOK 34
1.0% undervalued intrinsic discount
1Y1.0%
7D-2.4%
Portfolio Value
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Elmera Group ASA

OB:ELMRA Stock Report

Market Cap: NOK 3.7b

Elmera Group (ELMRA) Stock Overview

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

ELMRA fundamental analysis
Snowflake Score
Valuation5/6
Future Growth3/6
Past Performance3/6
Financial Health4/6
Dividends2/6

Rewards

Trading at 60.5% below our estimate of its fair value

Earnings are forecast to grow 9.33% per year

Earnings grew by 51.3% over the past year

Trading at good value compared to peers and industry

Risk Analysis

Large one-off items impacting financial results

Has a high level of debt

Dividend of 8.82% is not well covered by earnings


ELMRA Community Fair Values

Create Narrative

See what 8 others think this stock is worth. Follow their fair value or set your own to get alerts.

ELMRA logo
Elmera Group
AN
AnalystConsensusTarget
AnalystConsensusTarget
Consensus Narrative from 3 Analysts

Revenue Decline Expected Due To Intensifying Competition In Nordic Electricity Market

Key Takeaways Intensified competition and phased-out low-margin customers could pressure Elmera Group's revenue and EBIT across Consumer and Business segments. Rising costs from internal capacity building and Swedish bankruptcies may compress net margins amidst uncertain demand for spot products in the Nordic segment.
View narrative
NOK 28.70
FV
18.5% overvalued intrinsic discount
-1.43%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
7users have followed this narrative
7 days ago author updated this narrative
View Elmera Group Community

Elmera Group ASA Competitors

Price History & Performance

Summary of share price highs, lows and changes for Elmera Group
Historical stock prices
Current Share PriceNOK 34.00
52 Week HighNOK 39.95
52 Week LowNOK 28.20
Beta0.97
1 Month Change1.95%
3 Month Change-2.16%
1 Year Change1.04%
3 Year Change69.83%
5 Year Change-57.76%
Change since IPO9.68%

Recent News & Updates

Shareholders May Not Be So Generous With Elmera Group ASA's (OB:ELMRA) CEO Compensation And Here's Why

Apr 24
Shareholders May Not Be So Generous With Elmera Group ASA's (OB:ELMRA) CEO Compensation And Here's Why

Elmera Group's (OB:ELMRA) Upcoming Dividend Will Be Larger Than Last Year's

Apr 20
Elmera Group's (OB:ELMRA) Upcoming Dividend Will Be Larger Than Last Year's

Elmera Group's (OB:ELMRA) Upcoming Dividend Will Be Larger Than Last Year's

Apr 06
Elmera Group's (OB:ELMRA) Upcoming Dividend Will Be Larger Than Last Year's

Recent updates

Shareholders May Not Be So Generous With Elmera Group ASA's (OB:ELMRA) CEO Compensation And Here's Why

Apr 24
Shareholders May Not Be So Generous With Elmera Group ASA's (OB:ELMRA) CEO Compensation And Here's Why

Elmera Group's (OB:ELMRA) Upcoming Dividend Will Be Larger Than Last Year's

Apr 20
Elmera Group's (OB:ELMRA) Upcoming Dividend Will Be Larger Than Last Year's

Elmera Group's (OB:ELMRA) Upcoming Dividend Will Be Larger Than Last Year's

Apr 06
Elmera Group's (OB:ELMRA) Upcoming Dividend Will Be Larger Than Last Year's
author-image

Seasonal Competition And Mild Weather Will Pressure Future Revenues In Nordic Electricity Market

Seasonal demand shifts and increased competition pose challenges for revenue and customer growth, impacting spot products and consumer acquisition.

Solid Earnings May Not Tell The Whole Story For Elmera Group (OB:ELMRA)

Feb 22
Solid Earnings May Not Tell The Whole Story For Elmera Group (OB:ELMRA)

Elmera Group ASA Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Feb 16
Elmera Group ASA Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Broker Revenue Forecasts For Elmera Group ASA (OB:ELMRA) Are Surging Higher

Feb 07
Broker Revenue Forecasts For Elmera Group ASA (OB:ELMRA) Are Surging Higher

Elmera Group (OB:ELMRA) Seems To Use Debt Quite Sensibly

Feb 01
Elmera Group (OB:ELMRA) Seems To Use Debt Quite Sensibly

We Think Elmera Group's (OB:ELMRA) Solid Earnings Are Understated

Aug 23
We Think Elmera Group's (OB:ELMRA) Solid Earnings Are Understated

Elmera Group ASA Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Aug 17
Elmera Group ASA Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

We Think Elmera Group ASA's (OB:ELMRA) CEO Compensation Package Needs To Be Put Under A Microscope

Apr 18
We Think Elmera Group ASA's (OB:ELMRA) CEO Compensation Package Needs To Be Put Under A Microscope

We Like The Quality Of Elmera Group's (OB:ELMRA) Earnings

Feb 22
We Like The Quality Of Elmera Group's (OB:ELMRA) Earnings

We Think Elmera Group (OB:ELMRA) Is Taking Some Risk With Its Debt

Jan 27
We Think Elmera Group (OB:ELMRA) Is Taking Some Risk With Its Debt

Investors Appear Satisfied With Elmera Group ASA's (OB:ELMRA) Prospects As Shares Rocket 25%

Dec 23
Investors Appear Satisfied With Elmera Group ASA's (OB:ELMRA) Prospects As Shares Rocket 25%

New Forecasts: Here's What Analysts Think The Future Holds For Elmera Group ASA (OB:ELMRA)

Dec 17
New Forecasts: Here's What Analysts Think The Future Holds For Elmera Group ASA (OB:ELMRA)

Time To Worry? Analysts Are Downgrading Their Elmera Group ASA (OB:ELMRA) Outlook

Jan 20
Time To Worry? Analysts Are Downgrading Their Elmera Group ASA (OB:ELMRA) Outlook

Is It Too Late To Consider Buying Elmera Group ASA (OB:ELMRA)?

Dec 24
Is It Too Late To Consider Buying Elmera Group ASA (OB:ELMRA)?

This Just In: Analysts Are Boosting Their Elmera Group ASA (OB:ELMRA) Outlook for Next Year

Nov 05
This Just In: Analysts Are Boosting Their Elmera Group ASA (OB:ELMRA) Outlook for Next Year

Is Elmera Group (OB:ELMRA) Using Too Much Debt?

Sep 26
Is Elmera Group (OB:ELMRA) Using Too Much Debt?

Is It Time To Consider Buying Elmera Group ASA (OB:ELMRA)?

Sep 05
Is It Time To Consider Buying Elmera Group ASA (OB:ELMRA)?

Shareholder Returns

ELMRANO Electric UtilitiesNO Market
7D-2.4%1.9%-0.9%
1Y1.0%19.9%4.5%

Return vs Industry: ELMRA underperformed the Norwegian Electric Utilities industry which returned 18.8% over the past year.

Return vs Market: ELMRA underperformed the Norwegian Market which returned 3.9% over the past year.

Price Volatility

Is ELMRA's price volatile compared to industry and market?
ELMRA volatility
ELMRA Average Weekly Movement4.1%
Electric Utilities Industry Average Movement3.4%
Market Average Movement5.3%
10% most volatile stocks in NO Market12.0%
10% least volatile stocks in NO Market2.9%

Stable Share Price: ELMRA has not had significant price volatility in the past 3 months compared to the Norwegian market.

Volatility Over Time: ELMRA's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2001452Rolf Barmenelmeragroup.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, Sweden, and Finland. The company operates through Consumer, Business, and Nordic segments. It sells electrical power and related services to private and business consumers.

Elmera Group ASA Fundamentals Summary

How do Elmera Group's earnings and revenue compare to its market cap?
ELMRA fundamental statistics
Market capNOK 3.71b
Earnings (TTM)NOK 304.44m
Revenue (TTM)NOK 11.15b
12.2x
P/E Ratio
0.3x
P/S Ratio

Is ELMRA overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ELMRA income statement (TTM)
RevenueNOK 11.15b
Cost of RevenueNOK 9.42b
Gross ProfitNOK 1.73b
Other ExpensesNOK 1.43b
EarningsNOK 304.44m

Last Reported Earnings

Mar 31, 2025

Next Earnings Date

Aug 21, 2025

Earnings per share (EPS)2.79
Gross Margin15.53%
Net Profit Margin2.73%
Debt/Equity Ratio63.9%

How did ELMRA perform over the long term?

See historical performance and comparison

Dividends

8.8%
Current Dividend Yield
108%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/07/22 10:53
End of Day Share Price 2025/07/22 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 6 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.

AnalystInstitution
null nullABG Sundal Collier
Ole WestgaardDNB Carnegie
Mindaugas CekanaviciusNorne Securities AS