Elmera Group ASA (OSL:ELMRA) EV-to-EBITDA: 8.09 (As of Sep. 09, 2026) — 17% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

OSL:ELMRA Elmera Group ASA OSL:ELMRA
70 GF Score
Price kr46.65
GF Value kr43.89
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is Elmera Group ASA EV-to-EBITDA?

Elmera Group ASA OSL:ELMRA +0.11% 70 EV-to-EBITDA is 8.09 as of Sep. 09, 2026, which is 17% above its 10-year median of 6.89. GuruFocus rates OSL:ELMRA with a GF Score™ of 70/100 and a GF Value™ of kr43.89 (Fairly Valued). The stock has 8 warning signs investors should review. Among 471 Utilities - Regulated companies, Elmera Group ASA ranks better than 62% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Elmera Group ASA's enterprise value is kr6,343 Mil. Elmera Group ASA's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was kr784 Mil. Therefore, Elmera Group ASA's EV-to-EBITDA for today is 8.09.

The historical rank and industry rank for Elmera Group ASA's EV-to-EBITDA or its related term are showing as below:

OSL:ELMRA' s EV-to-EBITDA Range Over the Past 10 Years
Min: 2.86   Med: 6.89   Max: 12.36
Current: 8.09

During the past 11 years, the highest EV-to-EBITDA of Elmera Group ASA was 12.36. The lowest was 2.86. And the median was 6.89.

OSL:ELMRA's EV-to-EBITDA is ranked better than
62% of 471 companies
in the Utilities - Regulated industry
Industry Median: 9.88 vs OSL:ELMRA: 8.09

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.

As of today (2026-09-09), Elmera Group ASA's stock price is kr46.65. Elmera Group ASA's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was kr1.810. Therefore, Elmera Group ASA's PE Ratio (TTM) for today is 25.77.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Elmera Group ASA  (OSL:ELMRA) EV-to-EBITDA Explanation

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.

Elmera Group ASA's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=46.65/1.810
=25.77

Elmera Group ASA's share price for today is kr46.65.
Elmera Group ASA'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 kr1.810.

* 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).

Please read Which price ratio outperforms the enterprise multiple?


Elmera Group ASA EV-to-EBITDA Related Terms


Elmera Group ASA EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Elmera Group ASA'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.

Elmera Group ASA EV-to-EBITDA Chart

Elmera Group ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.49 4.82 5.21 5.32 8.49

Elmera Group ASA Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-EBITDA 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 5.95 5.44 8.49 7.65 8.07

OSL:ELMRA vs NEE, SO, DUK: EV-to-EBITDA Comparison

For the Utilities - Regulated Electric subindustry, Elmera Group ASA'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.


Elmera Group ASA EV-to-EBITDA vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Elmera Group ASA's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Elmera Group ASA's EV-to-EBITDA falls into.


OSL:ELMRA
70GF Score
Elmera Group ASA OSL:ELMRA
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Elmera Group ASA EV-to-EBITDA Calculation

Elmera Group ASA's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=6342.692/783.79
=8.09

Elmera Group ASA's current Enterprise Value is kr6,343 Mil.
Elmera Group ASA'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 kr784 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 EV-to-EBITDA →
What does a EV-to-EBITDA of 8.09 mean?
Elmera Group ASA (OSL:ELMRA) has a EV-to-EBITDA of 8.09 as of Sep. 09, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Elmera Group ASA. This is 17% above median its historical median of 6.89. Over the past decade, Elmera Group ASA's EV-to-EBITDA has ranged from 2.86 to 12.36. According to the industry distribution chart, Elmera Group ASA ranks #179 out of 471 companies in the Utilities - Regulated industry, placing it in the top 38%.
Is Elmera Group ASA's EV-to-EBITDA too high?
Elmera Group ASA's current EV-to-EBITDA of 8.09 is 17% above median its 10-year median of 6.89. Over the past 10 years, this metric has ranged from a low of 2.86 to a high of 12.36. The Utilities - Regulated industry median EV-to-EBITDA is 9.88. Elmera Group ASA's value of 8.09 is 18.1% below this industry median. Based on the distribution chart, Elmera Group ASA ranks #179 out of 471 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Elmera Group ASA has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Elmera Group ASA's EV-to-EBITDA compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Elmera Group ASA ranks #179 out of 471 companies for EV-to-EBITDA. This puts Elmera Group ASA in the upper half of its industry. The industry median EV-to-EBITDA is 9.88. Elmera Group ASA's value of 8.09 is 18.1% below this benchmark. Historically, Elmera Group ASA's own EV-to-EBITDA has ranged from 2.86 to 12.36 over the past decade. While the company's 10-year median is 6.89 vs. the industry median of 9.88, Elmera Group ASA has consistently been below 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 an Utilities - Regulated company?
The median EV-to-EBITDA among Utilities - Regulated companies is 9.88, based on 471 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. Elmera Group ASA's current EV-to-EBITDA of 8.09 is 18.1% below 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 Elmera Group ASA. For the Utilities - Regulated industry, the median EV-to-EBITDA is 9.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elmera Group ASA's current EV-to-EBITDA is 8.09, which is 17% above median its own 10-year median of 6.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elmera Group ASA stock overvalued right now?
Based on GuruFocus' analysis, Elmera Group ASA (OSL:ELMRA) is currently considered Fairly Valued. The stock's GF Value™ is kr43.89, compared to a current price of kr46.65 — trading 6.3% above its estimated fair value. The current EV-to-EBITDA is 8.09, which is 17% above median its 10-year median of 6.89 and 18.1% below the Utilities - Regulated industry median of 9.88. Elmera Group ASA's overall GF Score™ is 70/100 with 8 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 Elmera Group ASA (OSL:ELMRA), the current EV-to-EBITDA is 8.09 as of Sep. 09, 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 Elmera Group ASA (OSL:ELMRA) Overvalued in 2026?

Based on GuruFocus' analysis, Elmera Group ASA stock appears to be overvalued. The current stock price of kr46.65 is trading 6.3% above its estimated GF Value™ of kr43.89. GuruFocus considers Elmera Group ASA to be Fairly Valued.

Key valuation signals for OSL:ELMRA:

  • EV-to-EBITDA: 8.09 (17% above median its 10-year median of 6.89)
  • GF Value™: kr43.89 vs. price of kr46.65 (6.3% above fair value)
  • GF Score™: 70/100 with 8 warning signs
  • Industry Position: 18.1% below the Utilities - Regulated median (#179 of 471)

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


Elmera Group ASA Business Description

Other Exchanges FKRAFTo:Sweden1ZK:Germany
Address Folke Bernadottes Vei 38, Fyllingsdalen, Bergen, NOR, 5147
Elmera Group ASA is engaged in the sale of electrical power and related services. The company has three operating segments: Consumer, Business, and Nordic. The Consumer segment comprises the sale of electrical power and related services to private consumers in Norway. The Business segment includes the sale of electrical power and related services to business customers in Norway. The Nordic segment involves the sale of electrical power and related services to consumers in Finland and Sweden. It generates the majority of its revenue from the Consumer segment.
70GF Score

Get the complete analysis for OSL:ELMRA

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

kr46.65
Price
kr43.89
GF Value