Elisa Oyj
Research Elisa Oyj (ELISA) on Bullrun: valuation model: 22.6% undervalued, market cap EUR 5.78B, P/E 16.9, dividend yield 6.6%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerELISA
- ExchangeHE
- CountryFinland
- SectorCommunication Services
- IndustryTelecom Services
- CurrencyEUR
- Valuation signal22.6% undervalued
- Market capEUR 5.78B
- P/E16.9
- Dividend yield6.6%
- Financial periodQ2 2026
- RevenueEUR 550.80M
- Net incomeEUR 88.90M
- Free cash flowEUR 70.90M
- Gross margin66.4%
Valuation Snapshot
Bullrun's latest valuation model marks Elisa Oyj as 22.6% undervalued; latest market cap is EUR 5.78B; P/E is 16.9; dividend yield is 6.6%.
Peer valuation comparison
Latest P/E is 16.9x versus a Communication Services sector median of 16.43x (2.9% above).
Latest dividend yield is 6.55% versus a Communication Services sector median of 3.46% (89.6% above).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | EUR 2.26B | EUR 341.80M | EUR 409.60M | 65.3% | 2.13 | EUR 189.50M | EUR 1.58B | EUR 1.25B |
| FY2024 | EUR 2.19B | EUR 356.40M | EUR 344.20M | 64.4% | 2.23 | EUR 89.90M | EUR 1.47B | EUR 1.29B |
| FY2023 | EUR 2.18B | EUR 374.00M | EUR 343.10M | 62.9% | 2.34 | EUR 63.40M | EUR 1.28B | EUR 1.29B |
| FY2022 | EUR 2.13B | EUR 372.80M | EUR 320.90M | 61.8% | 2.33 | EUR 85.40M | EUR 1.27B | EUR 1.25B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-08-24 | EUR 5.78B | 16.9 | 6.8% | 2.4 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 2.4 EUR, yield 6.6%.
| Year | Dividends/share |
|---|---|
| FY2025 | 2.35 EUR |
| FY2024 | 2.25 EUR |
| FY2023 | 2.15 EUR |
| FY2022 | 2.05 EUR |
About Elisa Oyj
Elisa Oyj provides telecommunications, information and communication technology (ICT), and online services in Finland, rest of Europe, and internationally. It operates through two segments: Consumer Customers and Corporate Customers. The company offers consumers with telecommunications and communications services, including fixed and mobile subscriptions, supplementary digital services, cable TV subscriptions, and entertainment services, as well as IT and communication solutions.
Related stock research
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Frequently asked questions
Is Elisa Oyj overvalued or undervalued?
Bullrun's valuation model currently marks Elisa Oyj as 22.6% undervalued.
What is Elisa Oyj's market cap?
Elisa Oyj's market capitalization is EUR 5.78B.
What is Elisa Oyj's P/E ratio?
Elisa Oyj's price-to-earnings (P/E) ratio is 16.9.
Does Elisa Oyj pay a dividend?
Elisa Oyj has a dividend yield of 6.6%.
What does Elisa Oyj do?
Elisa Oyj provides telecommunications, information and communication technology (ICT), and online services in Finland, rest of Europe, and internationally. It operates through two segments: Consumer Customers and Corporate Customers. The company offers consumers with telecommunications and communications services, including fixed and mobile subscriptions, supplementary digital services, cable TV subscriptions, and entertainment services, as well as IT and communication solutions.