Elisa OyjHAM:EIA +0.92%90 Gross Margin % is 67.52% as of Mar. 2026, which is 9% above its 10-year median of 62.06. 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. Among 341 Telecommunication Services companies, Elisa Oyj ranks better than 75.07% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Elisa Oyj's Gross Profit for the
three
months ended in Mar. 2026 was €370 Mil. Elisa Oyj's Revenue for the
three
months ended in Mar. 2026 was €548 Mil. Therefore, Elisa Oyj's Gross Margin % for the quarter that ended in Mar. 2026 was 67.52%.
The historical rank and industry rank for Elisa Oyj's Gross Margin % or its related term are showing as below:
HAM:EIA'
s Gross Margin % Range Over the Past 10 Years
Min: 61.08 Med: 62.06 Max: 65.55
Current: 65.55
During the past 13 years, the highestGross Margin % of Elisa Oyj was 65.55%. The lowest was 61.08%. And the median was 62.06%.
HAM:EIA's Gross Margin % is ranked better than 75.07% of 341
companies
in the Telecommunication Services industry
Industry Median: 51.5
vs HAM:EIA: 65.55
Elisa Oyj had a gross margin of 67.52% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Elisa Oyj was 1.00% per year.
Elisa Oyj (HAM:EIA) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Elisa Oyj had a gross margin of 67.52% for the quarter that ended in Mar. 2026 => Durable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Elisa Oyj Gross Margin % Related Terms
Elisa Oyj Gross Margin % Historical Data
* Premium members only.
The historical data trend for Elisa Oyj's Gross Margin % 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 Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Gross Margin % vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Elisa Oyj's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Elisa Oyj's Gross Margin % falls into.
* 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Elisa Oyj (HAM:EIA) has a Gross Margin % of 67.52% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Elisa Oyj and its competitors. This is near median its historical median of 62.06. Over the past decade, Elisa Oyj's Gross Margin % has ranged from 61.08 to 65.55. According to the industry distribution chart, Elisa Oyj ranks #85 out of 341 companies in the Telecommunication Services industry, placing it in the top 24.9%.
Is Elisa Oyj's Gross Margin % too high?
Elisa Oyj's current Gross Margin % of 67.52% is near median its 10-year median of 62.06. Over the past 10 years, this metric has ranged from a low of 61.08 to a high of 65.55. The Telecommunication Services industry median Gross Margin % is 51.50. Elisa Oyj's value of 67.52% is 31.1% above this industry median. Based on the distribution chart, Elisa Oyj ranks #85 out of 341 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. 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 Gross Margin % compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Elisa Oyj ranks #85 out of 341 companies for Gross Margin %. This places Elisa Oyj in the top 25% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 51.50. Elisa Oyj's value of 67.52% is 31.1% above this benchmark. Historically, Elisa Oyj's own Gross Margin % has ranged from 61.08 to 65.55 over the past decade. While the company's 10-year median is 62.06 vs. the industry median of 51.50, 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 Gross Margin % for a Telecommunication Services company?
The median Gross Margin % among Telecommunication Services companies is 51.50, based on 341 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Elisa Oyj's current Gross Margin % of 67.52% is 31.1% 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 Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Elisa Oyj and its competitors. For the Telecommunication Services industry, the median Gross Margin % is 51.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elisa Oyj's current Gross Margin % is 67.52%, which is near median its own 10-year median of 62.06. 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 Gross Margin % of 67.52%. The stock's GF Value™ is €44.11, compared to a current price of €37.22 — trading 15.6% below its estimated fair value. The current Gross Margin % is 67.52%, which is near median its 10-year median of 62.06 and 31.1% above the Telecommunication Services industry median of 51.50. 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 Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Elisa Oyj (HAM:EIA), the current Gross Margin % is 67.52% 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 €37.22 is trading 15.6% below its estimated GF Value™ of €44.11.
Key valuation signals for HAM:EIA:
Gross Margin %: 67.52% (near median its 10-year median of 62.06)
GF Value™: €44.11 vs. price of €37.22 (15.6% below fair value)
Industry Position: 31.1% above the Telecommunication Services median (#85 of 341)
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.
90GF Score
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