Elisa OyjHAM:EIA +1.20%89 EV-to-FCF is 16.83 as of Jul. 06, 2026, which is 32% below its 10-year median of 24.61. GuruFocus rates HAM:EIA with a GF Score™ of 89/100 and a GF Value™ of €44.99. The stock has 2 warning signs investors should review. Among 250 Telecommunication Services companies, Elisa Oyj ranks worse than 55.6% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Elisa Oyj's Enterprise Value is €7,099 Mil.
Elisa Oyj's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €422 Mil. Therefore, Elisa Oyj's EV-to-FCF for today is 16.83.
The historical rank and industry rank for Elisa Oyj's EV-to-FCF or its related term are showing as below:
HAM:EIA'
s EV-to-FCF Range Over the Past 10 Years
Min: 16.83 Med: 24.61 Max: 32.45
Current: 16.83
During the past 13 years, the highest EV-to-FCF of Elisa Oyj was 32.45. The lowest was 16.83. And the median was 24.61.
HAM:EIA's EV-to-FCF is ranked worse than 55.6% of 250
companies
in the Telecommunication Services industry
Industry Median: 15.32
vs HAM:EIA: 16.83
EV-to-FCF 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-FCF 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 €35.54.
Elisa Oyj's Earnings per Share (Diluted) 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 €2.130.
* 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. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Elisa Oyj EV-to-FCF Related Terms
Elisa Oyj EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Elisa Oyj's EV-to-FCF 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-FCF, along with its competitors' market caps and EV-to-FCF 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-FCF vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Elisa Oyj's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Elisa Oyj's EV-to-FCF falls into.
Elisa Oyj's current Enterprise Value is €7,099 Mil.
Elisa Oyj's Free Cash Flow 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 €422 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-FCF of 16.83 as of Jul. 06, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Elisa Oyj and its competitors. This is 32% below median its historical median of 24.61. Over the past decade, Elisa Oyj's EV-to-FCF has ranged from 16.83 to 32.45. According to the industry distribution chart, Elisa Oyj ranks #139 out of 250 companies in the Telecommunication Services industry, placing it in the top 55.6%.
Is Elisa Oyj's EV-to-FCF too high?
Elisa Oyj's current EV-to-FCF of 16.83 is 32% below median its 10-year median of 24.61. Over the past 10 years, this metric has ranged from a low of 16.83 to a high of 32.45. The Telecommunication Services industry median EV-to-FCF is 15.32. Elisa Oyj's value of 16.83 is 9.9% above this industry median. Based on the distribution chart, Elisa Oyj ranks #139 out of 250 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, Elisa Oyj has a GF Score™ of 89/100, reflecting its overall financial health beyond just this single metric.
How does Elisa Oyj's EV-to-FCF compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Elisa Oyj ranks #139 out of 250 companies for EV-to-FCF. This places Elisa Oyj in the lower half of its industry. The industry median EV-to-FCF is 15.32. Elisa Oyj's value of 16.83 is 9.9% above this benchmark. Historically, Elisa Oyj's own EV-to-FCF has ranged from 16.83 to 32.45 over the past decade. While the company's 10-year median is 24.61 vs. the industry median of 15.32, 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-FCF for a Telecommunication Services company?
The median EV-to-FCF among Telecommunication Services companies is 15.32, based on 250 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Elisa Oyj's current EV-to-FCF of 16.83 is 9.9% 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-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Elisa Oyj and its competitors. For the Telecommunication Services industry, the median EV-to-FCF is 15.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elisa Oyj's current EV-to-FCF is 16.83, which is 32% below median its own 10-year median of 24.61. 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 EV-to-FCF of 16.83. The stock's GF Value™ is €44.99, compared to a current price of €35.54 — trading 21% below its estimated fair value. The current EV-to-FCF is 16.83, which is 32% below median its 10-year median of 24.61 and 9.9% above the Telecommunication Services industry median of 15.32. Elisa Oyj's overall GF Score™ is 89/100 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-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Elisa Oyj (HAM:EIA), the current EV-to-FCF is 16.83 as of Jul. 06, 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 €35.54 is trading 21% below its estimated GF Value™ of €44.99.
Key valuation signals for HAM:EIA:
EV-to-FCF: 16.83 (32% below median its 10-year median of 24.61)
GF Value™: €44.99 vs. price of €35.54 (21% below fair value)
Industry Position: 9.9% above the Telecommunication Services median (#139 of 250)
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.
89GF Score
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