Elisa Oyj is forecast to grow earnings and revenue by 6% and 2.2% per annum respectively. EPS is expected to grow by 5.9% per annum. Return on equity is forecast to be 33% in 3 years.
Key information
6.0%
Earnings growth rate
5.86%
EPS growth rate
Telecom earnings growth
8.5%
Revenue growth rate
2.2%
Future return on equity
32.99%
Analyst coverage
Good
Last updated
07 May 2026
Recent future growth updates
Recent updates
Earnings and Revenue Growth Forecasts
OTCPK:ELMU.F - Analysts future estimates and past financials data (EUR Millions)
Date
Revenue
Earnings
Free Cash Flow
Cash from Op
Avg. No. Analysts
12/31/2028
2,394
423
442
733
14
12/31/2027
2,335
409
429
711
17
12/31/2026
2,282
389
418
691
17
3/31/2026
2,250
343
422
699
N/A
12/31/2025
2,257
342
410
689
N/A
9/30/2025
2,249
366
385
669
N/A
6/30/2025
2,224
364
360
669
N/A
3/31/2025
2,213
366
341
654
N/A
12/31/2024
2,192
358
344
651
N/A
9/30/2024
2,175
369
339
670
N/A
6/30/2024
2,184
369
346
662
N/A
3/31/2024
2,175
367
361
662
N/A
12/31/2023
2,181
375
343
648
N/A
9/30/2023
2,180
378
370
662
N/A
6/30/2023
2,169
378
350
633
N/A
3/31/2023
2,158
378
323
600
N/A
12/31/2022
2,130
374
321
592
N/A
9/30/2022
2,102
364
322
574
N/A
6/30/2022
2,065
360
324
575
N/A
3/31/2022
2,028
350
344
599
N/A
12/31/2021
1,998
344
337
596
N/A
9/30/2021
1,961
340
349
598
N/A
6/30/2021
1,932
332
354
602
N/A
3/31/2021
1,908
332
338
587
N/A
12/31/2020
1,895
328
351
600
N/A
9/30/2020
1,884
325
307
564
N/A
6/30/2020
1,881
320
310
556
N/A
3/31/2020
1,872
312
327
562
N/A
12/31/2019
1,844
303
N/A
554
N/A
9/30/2019
1,827
303
N/A
554
N/A
6/30/2019
1,816
304
N/A
536
N/A
3/31/2019
1,822
310
N/A
531
N/A
12/31/2018
1,832
316
N/A
515
N/A
9/30/2018
1,834
308
N/A
512
N/A
6/30/2018
1,834
308
N/A
510
N/A
3/31/2018
1,821
343
N/A
486
N/A
12/31/2017
1,787
337
N/A
501
N/A
9/30/2017
1,749
324
N/A
498
N/A
6/30/2017
1,714
315
N/A
481
N/A
3/31/2017
1,662
263
N/A
492
N/A
12/31/2016
1,636
257
N/A
487
N/A
9/30/2016
1,606
254
N/A
450
N/A
6/30/2016
1,582
247
N/A
471
N/A
3/31/2016
1,579
247
N/A
460
N/A
12/31/2015
1,570
243
N/A
463
N/A
9/30/2015
1,551
237
N/A
488
N/A
6/30/2015
1,540
237
N/A
460
N/A
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ELMU.F's forecast earnings growth (6% per year) is above the savings rate (3.5%).
Earnings vs Market: ELMU.F's earnings (6% per year) are forecast to grow slower than the US market (16.4% per year).
High Growth Earnings: ELMU.F's earnings are forecast to grow, but not significantly.
Revenue vs Market: ELMU.F's revenue (2.2% per year) is forecast to grow slower than the US market (11.4% per year).
High Growth Revenue: ELMU.F's revenue (2.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ELMU.F's Return on Equity is forecast to be high in 3 years time (33%)
Discover growth companies
7D
1Y
7D
1Y
7D
1Y
Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2026/05/07 02:01
End of Day Share Price
2026/04/30 00:00
Earnings
2026/03/31
Annual Earnings
2025/12/31
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.
* 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
Elisa Oyj is covered by 37 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.