Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Elisa OyjFRA:EIA +0.57%82 EV-to-EBITDA is 9.26 as of Aug. 20, 2026, which is 16% below its 10-year median of 11.08. GuruFocus rates FRA:EIA with a GF Score™ of 82/100 and a GF Value™ of €43.56 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 315 Telecommunication Services companies, Elisa Oyj ranks worse than 68.25% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Elisa Oyj's enterprise value is €7,221 Mil.
Elisa Oyj's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was €780 Mil. Therefore, Elisa Oyj's EV-to-EBITDA for today is 9.26.
The historical rank and industry rank for Elisa Oyj's EV-to-EBITDA or its related term are showing as below:
FRA:EIA'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 7.91 Med: 11.08 Max: 15.69
Current: 9.25
During the past 13 years, the highest EV-to-EBITDA of Elisa Oyj was 15.69. The lowest was 7.91. And the median was 11.08.
FRA:EIA's EV-to-EBITDA is ranked worse than 68.25% of 315
companies
in the Telecommunication Services industry
Industry Median: 6.75
vs FRA:EIA: 9.25
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Elisa Oyj's share price for today is €35.34.
Elisa Oyj's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €2.120.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for Elisa Oyj's EV-to-EBITDA 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.
For the Telecom Services subindustry, Elisa Oyj's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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-EBITDA vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Elisa Oyj's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Elisa Oyj's EV-to-EBITDA falls into.
Elisa Oyj's current Enterprise Value is €7,221 Mil.
Elisa Oyj's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €780 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.
Elisa Oyj (FRA:EIA) has a EV-to-EBITDA of 9.26 as of Aug. 20, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Elisa Oyj. This is 16% below median its historical median of 11.08. Over the past decade, Elisa Oyj's EV-to-EBITDA has ranged from 7.91 to 15.69. According to the industry distribution chart, Elisa Oyj ranks #215 out of 315 companies in the Telecommunication Services industry, placing it in the top 68.3%.
Is Elisa Oyj's EV-to-EBITDA too high?
Elisa Oyj's current EV-to-EBITDA of 9.26 is 16% below median its 10-year median of 11.08. Over the past 10 years, this metric has ranged from a low of 7.91 to a high of 15.69. The Telecommunication Services industry median EV-to-EBITDA is 6.75. Elisa Oyj's value of 9.26 is 37.2% above this industry median. Based on the distribution chart, Elisa Oyj ranks #215 out of 315 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, Elisa Oyj has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Elisa Oyj's EV-to-EBITDA compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Elisa Oyj ranks #215 out of 315 companies for EV-to-EBITDA. This places Elisa Oyj in the lower half of its industry. The industry median EV-to-EBITDA is 6.75. Elisa Oyj's value of 9.26 is 37.2% above this benchmark. Historically, Elisa Oyj's own EV-to-EBITDA has ranged from 7.91 to 15.69 over the past decade. While the company's 10-year median is 11.08 vs. the industry median of 6.75, Elisa Oyj has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Telecommunication Services company?
The median EV-to-EBITDA among Telecommunication Services companies is 6.75, based on 315 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Elisa Oyj's current EV-to-EBITDA of 9.26 is 37.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Elisa Oyj. For the Telecommunication Services industry, the median EV-to-EBITDA is 6.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elisa Oyj's current EV-to-EBITDA is 9.26, which is 16% below median its own 10-year median of 11.08. 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?
Based on GuruFocus' analysis, Elisa Oyj (FRA:EIA) is currently considered Modestly Undervalued. The stock's GF Value™ is €43.56, compared to a current price of €35.34 — trading 18.9% below its estimated fair value. The current EV-to-EBITDA is 9.26, which is 16% below median its 10-year median of 11.08 and 37.2% above the Telecommunication Services industry median of 6.75. Elisa Oyj's overall GF Score™ is 82/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Elisa Oyj (FRA:EIA), the current EV-to-EBITDA is 9.26 as of Aug. 20, 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 (FRA:EIA) Overvalued in 2026?
Based on GuruFocus' analysis, Elisa Oyj stock appears to be undervalued.
The current stock price of €35.34 is trading 18.9% below its estimated GF Value™ of €43.56.
GuruFocus considers Elisa Oyj to be Modestly Undervalued.
Key valuation signals for FRA:EIA:
EV-to-EBITDA: 9.26 (16% below median its 10-year median of 11.08)
GF Value™: €43.56 vs. price of €35.34 (18.9% below fair value)
Industry Position: 37.2% above the Telecommunication Services median (#215 of 315)
No single metric tells the full story. See the FRA:EIA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
82GF Score
Get the complete analysis for FRA:EIA
EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:EIA has been successfully added to your 
