Press the button and be introduced to a new random company!

Introduce me >

Social media

facebook   Follow us on Twitter

Coverage

Eltel

Eltel

EURm 2025 2026e 2027e
Sales 805 829 854
Sales growth (%) -2,9 3 3
EBITDA 47 56 63
EBITDA margin (%) 5,9 6,8 7,3
EBIT adj. 19 26 32
EBIT adj. margin (%) 2,3 3,1 3,8
Pretax profit 3 11 18
EPS 0 0,05 0,09
EPS growth (%) N/A N/A 71,3
EPS adj. 0,01 0,06 0,09
DPS 0 0 0
EV/EBITDA (x) 6,1 5 4,4
EV/EBIT adj. (x) 15,6 11 8,6
P/E (x) N/A 15,5 9
P/E adj. (x) N/A 14,3 8,6
EV/sales (x) 0,36 0,34 0,32
FCF yield (%) 13,4 30,2 34,1
Le. adj. FCF yld. (%) -8,5 6,6 9
Dividend yield (%) 0 0 0
Net IB debt/EBITDA (x) 3,3 2,6 2,2
Le. adj. ND/EBITDA (x) 3,9 3,1 2,3
EURm 2025 2026e 2027e
Sales 805 829 854
COGS -706 -727 -745
Gross profit 99 102 109
Other operating items -52 -46 -46
EBITDA 47 56 63
Depreciation and amortisation -30 -30 -30
of which leasing depreciation -23 -26 -26
EBITA 17 27 33
EO Items -1 0 0
Impairment and PPA amortisation 0 -1 -1
EBIT 17 26 32
Net financial items -14 -15 -14
Pretax profit 3 11 18
Tax -2 -2 -4
Net profit 1 9 14
Minority interest -1 0 0
Net profit discontinued 0 0 0
Net profit to shareholders 0 8 14
EPS 0 0,05 0,09
EPS adj. 0,01 0,06 0,09
Total extraordinary items after tax -1 0 0
Leasing payments -23 -26 -26
Tax rate (%) 61,3 20 20
Gross margin (%) 12,3 12,3 12,7
EBITDA margin (%) 5,9 6,8 7,3
EBITA margin (%) 2,2 3,2 3,9
EBIT margin (%) 2,1 3,1 3,8
Pre-tax margin (%) 0,4 1,3 2,1
Net margin (%) 0,2 1 1,7
Sales growth (%) -2,9 3 3
EBITDA growth (%) 185,1 19,1 11,2
EBITA growth (%) -196,8 52,8 23,7
EBIT growth (%) -195,5 49,9 24,5
Net profit growth (%) -104,4 575,4 68
EPS growth (%) N/A N/A 71,3
Profitability N/A N/A N/A
ROE (%) 0,3 5,1 8,2
ROE adj. (%) 0,7 5,6 8,7
ROCE (%) 5,1 7,1 8,5
ROCE adj. (%) 5,6 7,4 8,8
ROIC (%) 2,1 6,6 8,1
ROIC adj. (%) 2,3 6,6 8,1
Adj. earnings numbers N/A N/A N/A
EBITDA adj. 49 56 63
EBITDA adj. margin (%) 6,1 6,8 7,3
EBITDA lease adj. 25 31 37
EBITDA lease adj. margin (%) 3,2 3,7 4,4
EBITA adj. 19 27 33
EBITA adj. margin (%) 2,3 3,2 3,9
EBIT adj. 19 26 32
EBIT adj. margin (%) 2,3 3,1 3,8
Pretax profit Adj. 5 12 19
Net profit Adj. 2 9 15
Net profit to shareholders adj. 1 9 15
Net adj. margin (%) 0,3 1,1 1,8
EURm 2025 2026e 2027e
EBITDA 47 56 63
Goodwill 249 249 249
Net financial items -14 -15 -14
Other intangible assets 30 29 28
Paid tax -2 -2 -4
Tangible fixed assets 4 7 10
Non-cash items -1 0 0
Right-of-use asset 58 63 69
Cash flow before change in WC 31 39 45
Total other fixed assets 40 40 40
Change in working capital -9 3 3
Fixed assets 381 388 397
Operating cash flow 22 43 48
Inventories 20 18 17
Capex tangible fixed assets -5 -4 -4
Receivables 193 199 205
Capex intangible fixed assets 0 0 0
Other current assets 0 0 0
Acquisitions and Disposals 0 0 0
Cash and liquid assets 37 45 57
Free cash flow 17 38 43
Total assets 632 651 675
Dividend paid -1 0 0
Shareholders equity 157 165 179
Share issues and buybacks 0 0 0
Minority 8 8 8
Leasing liability amortisation -28 -30 -32
Total equity 165 173 187
Other non-cash items -7 -3 -3
Long-term debt 122 125 129
Pension debt 6 6 6
Convertible debt 0 0 0
Leasing liability 54 54 54
Total other long-term liabilities 32 32 32
Short-term debt 9 9 9
Accounts payable 161 166 171
Other current liabilities 83 86 88
Total liabilities and equity 632 651 675
Net IB debt 154 149 141
Net IB debt excl. pension debt 148 143 135
Net IB debt excl. leasing 100 95 87
Capital employed 356 367 385
Capital invested 319 322 328
Working capital -31 -34 -37
EV breakdown N/A N/A N/A
Market cap. diluted (m) 127 127 127
Net IB debt adj. 154 149 141
Market value of minority 8 8 8
Reversal of shares and participations 0 0 0
Reversal of conv. debt assumed equity N/A N/A N/A
EV 289 284 276
Total assets turnover (%) 132,3 129,3 128,8
Working capital/sales (%) -3,3 -3,9 -4,2
Financial risk and debt service N/A N/A N/A
Net debt/equity (%) 93,5 86,2 75,4
Net debt / market cap (%) 120,9 117 110,7
Equity ratio (%) 26,1 26,6 27,7
Net IB debt adj. / equity (%) 93,5 86,2 75,4
Current ratio 0,99 1,01 1,04
EBITDA/net interest 3,4 3,8 4,5
Net IB debt/EBITDA (x) 3,3 2,6 2,2
Net IB debt/EBITDA lease adj. (x) 3,9 3,1 2,3
Interest coverage 1,2 1,8 2,4
EURm 2025 2026e 2027e
Shares outstanding adj. 157 157 157
Diluted shares adj. 157 157 157
EPS 0 0,05 0,09
Dividend per share 0 0 0
EPS adj. 0,01 0,06 0,09
BVPS 1 1,05 1,14
BVPS adj. -0,78 -0,73 -0,63
Net IB debt/share 0,98 0,95 0,9
Share price 8,86 8,86 8,86
Market cap. (m) 127 127 127
Valuation N/A N/A N/A
P/E (x) N/A 15,5 9
EV/sales (x) 0,4 0,3 0,3
EV/EBITDA (x) 6,1 5 4,4
EV/EBITA (x) 16,6 10,7 8,4
EV/EBIT (x) 16,8 11 8,6
Dividend yield (%) 0 0 0
FCF yield (%) 13,4 30,2 34,1
Le. adj. FCF yld. (%) -8,5 6,6 9
P/BVPS (x) 0,81 0,77 0,71
P/BVPS adj. (x) -1,37 -1,51 -1,81
P/E adj. (x) N/A 14,3 8,6
EV/EBITDA adj. (x) 5,9 5 4,4
EV/EBITA adj. (x) 15,4 10,7 8,4
EV/EBIT adj. (x) 15,6 11 8,6
EV/CE (x) 0,8 0,8 0,7
Investment ratios N/A N/A N/A
Capex/sales (%) 0,6 0,5 0,5
Capex/depreciation 0,7 1 1
Capex tangibles / tangible fixed assets 118,3 60,1 43,1
Capex intangibles / definite intangibles N/A N/A N/A
Depreciation on intang / def. intang N/A N/A N/A
Depreciation on tangibles / tangibles 165,8 61,7 42,9

Key Figure Counter

It is not always easy to generate comparative valuations. Therefore, in order to make it easier for you as an investor, we have created this key figure calculator. Enter share price in the field below and then select the year in which you want to retrieve the financial data.

Update

P/E

Learn more

A common valuation multiple, the share price is divided by earnings per share.

P/E ratio stands for Price and Earnings. By dividing a company's market cap to its earnings, investors get a key ratio which they are able to compare between different companies. The ratio can either be calculated on historical or forward-looking numbers. 

It is important to notice that earnings are calculated after taxes, which mean that they can vary between companies due to different accounting standards.

98,4

EV/EBIT

Learn more

EV stands for Enterprise Value and is calculated as a company's markets cap in addition to its net debt. The net debt itself is computed through the company's interest-bearing debt minus total cash and cash equivalents. 

EBIT is the Earnings Before Interest and Taxes which is the operating income. This result, in comparison to the P/E ratio, is not affected by any financial items.

(
)
47,9

EV/Sales

Learn more

EV stands for Enterprise Value and is calculated as a company's market cap adjusted for its net debt. The net debt itself is computed through the company's interest-bearing debt minus total cash and cash equivalents. S is the company's total sales.

(
)
1,8

P/BVPS

Learn more

P/B stands for Price to Book, which is used to compare a share's market cap to its book value. A P/B ratio that is below one is considered to be valued below its assets.

Companies with high return on equity are usually associated with high P/B ratios, and vice versa. 

 

(
)
7,8