Elisa Oyj (HAM:EIA) EBIT: €477 Mil (TTM As of Mar. 2026)


HAM:EIA Elisa Oyj HAM:EIA
90 GF Score
Price €36.88
GF Value €44.11
! 2 Warning Signs
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What is Elisa Oyj EBIT?

Elisa Oyj HAM:EIA -1.60% 90 EBIT is €477 Mil as of Mar. 2026. GuruFocus rates HAM:EIA with a GF Score™ of 90/100 and a GF Value™ of €44.11. The stock has 2 warning signs investors should review.

Elisa Oyj's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was €127 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was €477 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Elisa Oyj's annualized ROC % for the quarter that ended in Mar. 2026 was 12.98%. Elisa Oyj's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 44.59%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Elisa Oyj's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 6.43%.


Elisa Oyj  (HAM:EIA) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Elisa Oyj's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=496 * ( 1 - 19.47% )/( (3266.3 + 2889.3)/ 2 )
=399.4288/3077.8
=12.98 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Elisa Oyj's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=506/( ( (1015.7 + max(57.7, 0)) + (1011.1 + max(185.3, 0)) )/ 2 )
=506/( ( 1073.4 + 1196.4 )/ 2 )
=506/1134.9
=44.59 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(443.8 + 47.5 + 30.1) - (189.6 + 0 + 274.1)
=57.7

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(548.9 + 52.2 + 13.1) - (414.4 + 0 + 14.5)
=185.3

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Elisa Oyj's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=477.3/7426.840
=6.43 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Elisa Oyj EBIT Related Terms


Elisa Oyj EBIT Historical Data

* Premium members only.

The historical data trend for Elisa Oyj's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Elisa Oyj EBIT Chart

Elisa Oyj Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 431.40 469.90 485.80 486.50 467.10

Elisa Oyj Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 123.90 124.90 140.00 85.90 126.50

HAM:EIA vs TMUS, VZ, T: EBIT Comparison

For the Telecom Services subindustry, Elisa Oyj's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Elisa Oyj EV-to-EBIT vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Elisa Oyj's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Elisa Oyj's EV-to-EBIT falls into.


HAM:EIA
90GF Score
Elisa Oyj HAM:EIA
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Elisa Oyj EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €477 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of €477 Mil mean?
Elisa Oyj (HAM:EIA) has a EBIT of €477 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Elisa Oyj.
Is Elisa Oyj's EBIT too high?
Elisa Oyj's current EBIT is €477 Mil. Overall, Elisa Oyj has a GF Score™ of 90/100, reflecting its overall financial health beyond just this single metric.
How does Elisa Oyj's EBIT compare to TMUS and VZ?
Elisa Oyj's EBIT of €477 Mil can be compared against companies in the Telecommunication Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Telecommunication Services company?
A good EBIT depends on the Telecommunication Services industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Elisa Oyj. Elisa Oyj's current EBIT is €477 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elisa Oyj stock overvalued right now?
Elisa Oyj (HAM:EIA) has a current EBIT of €477 Mil. The stock's GF Value™ is €44.11, compared to a current price of €36.88 — trading 16.4% below its estimated fair value. The current EBIT is €477 Mil. Elisa Oyj's overall GF Score™ is 90/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Elisa Oyj (HAM:EIA), the current EBIT is €477 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Elisa Oyj (HAM:EIA) Overvalued in 2026?

Based on GuruFocus' analysis, Elisa Oyj stock appears to be undervalued. The current stock price of €36.88 is trading 16.4% below its estimated GF Value™ of €44.11.

Key valuation signals for HAM:EIA:

  • EBIT: €477 Mil
  • GF Value™: €44.11 vs. price of €36.88 (16.4% below fair value)
  • GF Score™: 90/100 with 2 warning signs

No single metric tells the full story. See the HAM:EIA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Elisa Oyj Business Description

Address Ratavartijankatu 5, Helsinki, FIN, 00520
Elisa Oyj is a telecommunications company that operates in two segments, Consumer Customers and Corporate Customers. The Consumer Customers segment provides consumers with telecommunications and communications services, such as fixed and mobile subscriptions with supplementary digital services, cable TV subscriptions, and Elisa Viihde entertainment service. The Corporate Customers segment provides corporate and public administration organizations with services such as IT and communication solutions for the digital environment and fixed and mobile subscriptions. The majority of revenue is generated from the Consumer Customers segment. The company generates the majority of its revenue in Finland.
90GF Score

Get the complete analysis for HAM:EIA

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€36.88
Price
€44.11
GF Value