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

Introduce me >

Social media

facebook   Follow us on Twitter

Coverage

Eltel

Eltel

EURm 2023 2024e 2025e
Sales 850 817 842
Sales growth (%) 3,2 -3,9 3,1
EBITDA 25 31 62
EBITDA margin (%) 2,9 3,7 7,4
EBIT adj. 2 20 27
EBIT adj. margin (%) 0,2 2,4 3,2
Pretax profit -18 -20 9
EPS -0,05 -0,13 0,05
EPS growth (%) -47,3 154,8 -136
EPS adj. -0,03 0,03 0,05
DPS 0 0 0
EV/EBITDA (x) 8,2 7,3 3,5
EV/EBIT adj. (x) 120,2 11,1 7,9
P/E (x) -11,5 -4,5 12,6
P/E adj. (x) -20,9 22,3 11,5
EV/sales (x) 0,24 0,27 0,26
FCF yield (%) 32,8 27,5 33,5
Le. adj. FCF yld. (%) 8,5 2,9 9
Dividend yield (%) 0 0 0
Net IB debt/EBITDA (x) 4,3 4 1,9
Le. adj. ND/EBITDA (x) 20 2,5 1,7
EURm 2023 2024e 2025e
Sales 850 817 842
COGS -775 -717 -739
Gross profit 76 100 104
Other operating items -51 -69 -42
EBITDA 25 31 62
Depreciation and amortisation -30 -33 -34
of which leasing depreciation -29 -27 -26
EBITA -5 -3 28
EO Items -7 -23 0
Impairment and PPA amortisation 0 -1 -1
EBIT -5 -3 27
Net financial items -13 -17 -18
Pretax profit -18 -20 9
Tax 10 0 -2
Net profit -8 -20 7
Minority interest 0 0 0
Net profit discontinued 0 0 0
Net profit to shareholders -7 -20 7
EPS -0,05 -0,13 0,05
EPS adj. -0,03 0,03 0,05
Total extraordinary items after tax -3 -24 0
Leasing payments -29 -27 -26
Tax rate (%) 57,4 -1,5 20
Gross margin (%) 8,9 12,2 12,3
EBITDA margin (%) 2,9 3,7 7,4
EBITA margin (%) -0,6 -0,3 3,3
EBIT margin (%) -0,6 -0,4 3,2
Pre-tax margin (%) -2,1 -2,4 1,1
Net margin (%) -0,9 -2,5 0,9
Sales growth (%) 3,2 -3,9 3,1
EBITDA growth (%) -10,5 23,1 102,7
EBITA growth (%) 194,4 -49,3 -1137,5
EBIT growth (%) N/A -37,2 -912,3
Net profit growth (%) -48,6 163,5 -136
EPS growth (%) -47,3 154,8 -136
Profitability N/A N/A N/A
ROE (%) -3,5 -9,8 3,6
ROE adj. (%) -2,1 2 4,1
ROCE (%) -1,1 -0,9 7,5
ROCE adj. (%) 0,8 5,8 7,7
ROIC (%) -0,7 -0,8 6,8
ROIC adj. (%) 0,2 6,3 6,8
Adj. earnings numbers N/A N/A N/A
EBITDA adj. 32 54 62
EBITDA adj. margin (%) 3,7 6,6 7,4
EBITDA lease adj. 3 27 36
EBITDA lease adj. margin (%) 0,3 3,3 4,3
EBITA adj. 2 21 28
EBITA adj. margin (%) 0,2 2,5 3,3
EBIT adj. 2 20 27
EBIT adj. margin (%) 0,2 2,4 3,2
Pretax profit Adj. -11 4 10
Net profit Adj. -5 4 8
Net profit to shareholders adj. -4 4 8
Net adj. margin (%) -0,5 0,5 1
EURm 2023 2024e 2025e
EBITDA 25 31 62
Goodwill 254 249 249
Net financial items -13 -17 -18
Other intangible assets 33 32 31
Paid tax -3 0 -2
Tangible fixed assets 11 8 5
Non-cash items -5 22 0
Right-of-use asset 52 48 44
Cash flow before change in WC 4 36 42
Total other fixed assets 38 39 39
Change in working capital 30 -7 -7
Fixed assets 387 376 369
Operating cash flow 34 29 35
Inventories 17 16 17
Capex tangible fixed assets -4 -4 -4
Receivables 196 188 202
Capex intangible fixed assets 0 0 0
Other current assets 0 0 0
Acquisitions and Disposals 0 0 0
Cash and liquid assets 25 31 39
Free cash flow 30 25 30
Total assets 624 611 628
Dividend paid 0 0 0
Shareholders equity 216 196 203
Share issues and buybacks 23 0 0
Minority 8 8 8
Leasing liability amortisation -22 -22 -22
Total equity 224 203 211
Other non-cash items -8 -19 -2
Long-term debt 21 38 40
Pension debt 6 5 5
Convertible debt 0 0 0
Leasing liability 54 56 56
Total other long-term liabilities 15 14 14
Short-term debt 50 56 56
Accounts payable 192 180 185
Other current liabilities 63 60 62
Total liabilities and equity 624 611 628
Net IB debt 106 123 116
Net IB debt excl. pension debt 100 118 112
Net IB debt excl. leasing 52 67 61
Capital employed 354 358 366
Capital invested 329 326 327
Working capital -42 -35 -28
Market cap. diluted (m) 91 91 91
Net IB debt adj. 106 123 116
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 204 221 215
Total assets turnover (%) 136,5 132,2 135,9
Working capital/sales (%) -3,4 -4,7 -3,8
Financial risk and debt service N/A N/A N/A
Net debt/equity (%) 47,3 60,4 55,2
Net debt / market cap (%) 116,4 135,2 127,9
Equity ratio (%) 35,8 33,3 33,6
Net IB debt adj. / equity (%) 47,3 60,4 55,2
Current ratio 0,78 0,8 0,85
EBITDA/net interest 2 1,9 3,4
Net IB debt/EBITDA (x) 4,3 4 1,9
Net IB debt/EBITDA lease adj. (x) 20 2,5 1,7
Interest coverage 0,3 0,2 1,5
EURm 2023 2024e 2025e
Shares outstanding adj. 157 157 157
Diluted shares adj. 157 157 157
EPS -0,05 -0,13 0,05
Dividend per share 0 0 0
EPS adj. -0,03 0,03 0,05
BVPS 1,38 1,25 1,3
BVPS adj. -0,45 -0,55 -0,49
Net IB debt/share 0,68 0,78 0,74
Share price 6,78 6,78 6,78
Market cap. (m) 91 91 91
P/E (x) -11,5 -4,5 12,6
EV/sales (x) 0,24 0,27 0,26
EV/EBITDA (x) 8,2 7,3 3,5
EV/EBITA (x) -38,6 -82,3 7,7
EV/EBIT (x) -38,6 -66,5 7,9
Dividend yield (%) 0 0 0
FCF yield (%) 32,8 27,5 33,5
Le. adj. FCF yld. (%) 8,5 2,9 9
P/BVPS (x) 0,42 0,46 0,45
P/BVPS adj. (x) -2,42 -1,71 -1,98
P/E adj. (x) -20,9 22,3 11,5
EV/EBITDA adj. (x) 6,4 4,1 3,5
EV/EBITA adj. (x) 120,2 10,8 7,7
EV/EBIT adj. (x) 120,2 11,1 7,9
EV/CE (x) 0,6 0,6 0,6
Investment ratios N/A N/A N/A
Capex/sales (%) 0,5 0,5 0,5
Capex/depreciation 4,8 0,6 0,5
Capex tangibles / tangible fixed assets 41 52 82,5
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 8,57 84,93 166,48

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.

135,6

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.

(
)
43,7

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.

(
)
1,4

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. 

 

(
)
5,2