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Elisa OyjHAM:EIA +1.15%66 EV-to-OCF is 11.30 as of Sep. 11, 2026, which is 15% below its 10-year median of 13.23. GuruFocus rates HAM:EIA with a GF Score™ of 66/100 and a GF Value™ of €44.92 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 372 Telecommunication Services companies, Elisa Oyj ranks worse than 69.09% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Elisa Oyj's Enterprise Value is €7,382 Mil.
Elisa Oyj's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was €653 Mil. Therefore, Elisa Oyj's EV-to-OCF for today is 11.30.
The historical rank and industry rank for Elisa Oyj's EV-to-OCF or its related term are showing as below:
HAM:EIA'
s EV-to-OCF Range Over the Past 10 Years
Min: 9.71 Med: 13.23 Max: 18.88
Current: 11
During the past 13 years, the highest EV-to-OCF of Elisa Oyj was 18.88. The lowest was 9.71. And the median was 13.23.
HAM:EIA's EV-to-OCF is ranked worse than 69.09% of 372
companies
in the Telecommunication Services industry
Industry Median: 7.15
vs HAM:EIA: 11.00
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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 €36.96.
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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Elisa Oyj EV-to-OCF Related Terms
Elisa Oyj EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Elisa Oyj's EV-to-OCF 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-OCF, along with its competitors' market caps and EV-to-OCF 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-OCF vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Elisa Oyj's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Elisa Oyj's EV-to-OCF falls into.
Elisa Oyj's current Enterprise Value is €7,382 Mil.
Elisa Oyj's Cash Flow from Operations 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 €653 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 (HAM:EIA) has a EV-to-OCF of 11.30 as of Sep. 11, 2026. This is 15% below median its historical median of 13.23. Over the past decade, Elisa Oyj's EV-to-OCF has ranged from 9.71 to 18.88. According to the industry distribution chart, Elisa Oyj ranks #257 out of 372 companies in the Telecommunication Services industry, placing it in the top 69.1%.
Is Elisa Oyj's EV-to-OCF too high?
Elisa Oyj's current EV-to-OCF of 11.30 is 15% below median its 10-year median of 13.23. Over the past 10 years, this metric has ranged from a low of 9.71 to a high of 18.88. The Telecommunication Services industry median EV-to-OCF is 7.15. Elisa Oyj's value of 11.30 is 58% above this industry median. Based on the distribution chart, Elisa Oyj ranks #257 out of 372 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, Elisa Oyj has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Elisa Oyj's EV-to-OCF compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Elisa Oyj ranks #257 out of 372 companies for EV-to-OCF. This places Elisa Oyj in the lower half of its industry. The industry median EV-to-OCF is 7.15. Elisa Oyj's value of 11.30 is 58% above this benchmark. Historically, Elisa Oyj's own EV-to-OCF has ranged from 9.71 to 18.88 over the past decade. While the company's 10-year median is 13.23 vs. the industry median of 7.15, 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-OCF for a Telecommunication Services company?
The median EV-to-OCF among Telecommunication Services companies is 7.15, based on 372 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Elisa Oyj's current EV-to-OCF of 11.30 is 58% 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-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Telecommunication Services industry, the median EV-to-OCF is 7.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elisa Oyj's current EV-to-OCF is 11.30, which is 15% below median its own 10-year median of 13.23. 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 (HAM:EIA) is currently considered Modestly Undervalued. The stock's GF Value™ is €44.92, compared to a current price of €36.96 — trading 17.7% below its estimated fair value. The current EV-to-OCF is 11.30, which is 15% below median its 10-year median of 13.23 and 58% above the Telecommunication Services industry median of 7.15. Elisa Oyj's overall GF Score™ is 66/100 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-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Elisa Oyj (HAM:EIA), the current EV-to-OCF is 11.30 as of Sep. 11, 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 €36.96 is trading 17.7% below its estimated GF Value™ of €44.92.
GuruFocus considers Elisa Oyj to be Modestly Undervalued.
Key valuation signals for HAM:EIA:
EV-to-OCF: 11.30 (15% below median its 10-year median of 13.23)
GF Value™: €44.92 vs. price of €36.96 (17.7% below fair value)
Industry Position: 58% above the Telecommunication Services median (#257 of 372)
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 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.
66GF Score
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