OTCPK:ELMU.Y

Stock Analysis Report

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

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


Market Performance


7 Day Return

0%

OTCPK:ELMU.Y

-2.9%

US Telecom

-0.02%

US Market


1 Year Return

n/a

OTCPK:ELMU.Y

7.9%

US Telecom

1.6%

US Market

No trading data on ELMU.Y.

No trading data on ELMU.Y.


Share holder returns

ELMU.YIndustryMarket
7 Day0%-2.9%-0.02%
30 Day0%4.4%2.7%
90 Dayn/a8.4%1.4%
1 Yearn/a13.6%7.9%3.8%1.6%
3 Year43.2%28.1%15.6%-1.2%45.2%35.8%
5 Yearn/a33.5%2.9%61.8%44.1%

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

No news available

Valuation

Is Elisa Oyj undervalued based on future cash flows and its price relative to the stock market?

24.33x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Elisa Oyj's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Elisa Oyj's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Elisa Oyj is overvalued based on earnings compared to the US Telecom industry average.

Elisa Oyj is overvalued based on earnings compared to the United States of America market.


Price Based on Expected Growth

Elisa Oyj is poor value based on expected growth next year.


Price Based on Value of Assets

Elisa Oyj is overvalued based on assets compared to the US Telecom industry average.


Next Steps

Future Growth

How is Elisa Oyj expected to perform in the next 1 to 3 years based on estimates from 16 analysts?

5.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Elisa Oyj's revenue is expected to grow by 1.4% yearly, however this is not considered high growth (20% yearly).

Elisa Oyj's earnings are expected to grow by 5.2% yearly, however this is not considered high growth (20% yearly).

Elisa Oyj's revenue growth is positive but not above the United States of America market average.

Elisa Oyj's earnings growth is positive but not above the United States of America market average.

Elisa Oyj's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Elisa Oyj is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).


Next Steps

Past Performance

How has Elisa Oyj performed over the past 5 years?

8.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Elisa Oyj's year on year earnings growth rate has been positive over the past 5 years.

Elisa Oyj's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Elisa Oyj's 1-year earnings growth is negative, it can't be compared to the US Telecom industry average.


Return on Equity

Whilst Elisa Oyj has efficiently used shareholders’ funds last year (Return on Equity greater than 20%), this is metric is skewed due to its high level of debt.


Return on Assets

Elisa Oyj used its assets more efficiently than the US Telecom industry average last year based on Return on Assets.


Return on Capital Employed

Elisa Oyj's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Elisa Oyj's financial position?


Financial Position Analysis

Elisa Oyj's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

Elisa Oyj's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Elisa Oyj's level of debt (132.7%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (142.8% vs 132.7% today).

Debt is well covered by operating cash flow (41%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 17.3x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is not covered by short term assets, assets are 0.4x debt.


Next Steps

Dividend

What is Elisa Oyj's current dividend yield, its reliability and sustainability?

4.25%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Elisa Oyj's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.44%).

Elisa Oyj's dividend is above the markets top 25% of dividend payers in United States of America (3.69%).

Dividends per share have been stable in the past 10 years.

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are not well covered by earnings (1.1x coverage).


Future Payout to Shareholders

Dividends after 3 years are not well covered by earnings (1x coverage).


Next Steps

Management

What is the CEO of Elisa Oyj's salary, the management and board of directors tenure and is there insider trading?

11.7yrs

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

Veli-Matti's remuneration is lower than average for companies of similar size in United States of America.

Veli-Matti's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

11.7yrs

Average Tenure

53.5yo

Average Age

The average tenure for the Elisa Oyj management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

2.4yrs

Average Tenure

56yo

Average Age

The average tenure for the Elisa Oyj board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Sami Ylikortes (52yo)

    Executive VP of Administration & Member of the Executive Board

    • Tenure: 16.7yrs
  • Veli-Matti Mattila (58yo)

    CEO, President & Member of Executive Board

    • Tenure: 0yrs
    • Compensation: €618.88k
  • Asko Känsälä (62yo)

    Deputy CEO

    • Tenure: 16.7yrs
  • Jari Kinnunen (57yo)

    CFO & Member of Executive Board

    • Tenure: 13.8yrs
  • Pasi Mäenpää (54yo)

    Executive VP of New Business Development & Member of Executive Board

    • Tenure: 13.7yrs
  • Timo Katajisto (51yo)

    Executive VP of Corporate Customers & Member of the Executive Board

    • Tenure: 11.7yrs
  • Katiye Vuorela (51yo)

    Executive VP of Corporate Communications & Member of Executive Board

    • Tenure: 10.9yrs
  • Merja Ranta-Aho (53yo)

    Executive VP of Human Resources & Member of Executive Board

    • Tenure: 6.7yrs
  • Vesa-Pekka Nikula (55yo)

    Executive VP of Production & Member of Executive Board

    • Tenure: 5.7yrs
  • Henri Korpi (46yo)

    Executive VP of International Digital Services & Member of Corporate Executive Board

    • Tenure: 1.9yrs

Board Members

  • Anssi Vanjoki (63yo)

    Chairman

    • Tenure: 0.4yrs
    • Compensation: €81.10k
  • Kim Ignatius (63yo)

    Director

    • Tenure: 0.4yrs
  • Seija Turunen (66yo)

    Director

    • Tenure: 5.4yrs
    • Compensation: €81.90k
  • Antti Vasara (54yo)

    Director

    • Tenure: 2.4yrs
    • Compensation: €70.60k
  • Leena Niemistö (56yo)

    Director

    • Tenure: 9.5yrs
    • Compensation: €69.20k
  • Clarisse Berggårdh (52yo)

    Director

    • Tenure: 3.7yrs
    • Compensation: €70.60k
  • Petteri Koponen (49yo)

    Deputy Chairman

    • Tenure: 0.4yrs
    • Compensation: €68.70k

Company Information

Elisa Oyj's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Elisa Oyj
  • Ticker: ELMU.Y
  • Exchange: OTCPK
  • Founded: 1882
  • Industry: Integrated Telecommunication Services
  • Sector: Telecom
  • Market Cap: €7.390b
  • Listing Market Cap: €8.176b
  • Shares outstanding: 159.90m
  • Website: https://elisa.fi

Number of Employees


Location

  • Elisa Oyj
  • Ratavartijankatu 5
  • Helsinki
  • Uusimaa
  • 520
  • Finland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ELMU.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJul 1999
ELISAHLSE (OMX Nordic Exchange Helsinki)YesOrdinary SharesFIEURJul 1999
EIADB (Deutsche Boerse AG)YesOrdinary SharesDEEURJul 1999
0I8YLSE (London Stock Exchange)YesOrdinary SharesGBEURJul 1999
ELISAHBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBEURJul 1999
ELMU.YOTCPK (Pink Sheets LLC)UNSPONSORD ADRUSUSDOct 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/18 23:59
End of Day Share Price2019/07/19 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.