Elisa Oyj (HAM:EIA) Quick Ratio: 1.39 (As of Mar. 2026) — 60% Above Median


HAM:EIA Elisa Oyj HAM:EIA
90 GF Score
Price €36.88
GF Value €44.11
! 2 Warning Signs
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What is Elisa Oyj Quick Ratio?

Elisa Oyj HAM:EIA -1.60% 90 Quick Ratio is 1.39 as of Mar. 2026, which is 60% above its 10-year median of 0.87. 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 369 Telecommunication Services companies, Elisa Oyj ranks better than 68.29% on this metric.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Elisa Oyj's quick ratio for the quarter that ended in Mar. 2026 was 1.39.

Elisa Oyj has a quick ratio of 1.39. It generally indicates good short-term financial strength.

The historical rank and industry rank for Elisa Oyj's Quick Ratio or its related term are showing as below:

HAM:EIA' s Quick Ratio Range Over the Past 10 Years
Min: 0.54   Med: 0.87   Max: 1.64
Current: 1.39

During the past 13 years, Elisa Oyj's highest Quick Ratio was 1.64. The lowest was 0.54. And the median was 0.87.

HAM:EIA's Quick Ratio is ranked better than
68.29% of 369 companies
in the Telecommunication Services industry
Industry Median: 1.05 vs HAM:EIA: 1.39

Elisa Oyj  (HAM:EIA) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


Elisa Oyj Quick Ratio Related Terms


Elisa Oyj Quick Ratio Historical Data

* Premium members only.

The historical data trend for Elisa Oyj's Quick Ratio 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.

Elisa Oyj Quick Ratio Chart

Elisa Oyj Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.18 0.88 0.88 0.73 1.02

Elisa Oyj Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Quick Ratio 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 0.59 0.59 0.66 1.02 1.39

HAM:EIA vs TMUS, VZ, T: Quick Ratio Comparison

For the Telecom Services subindustry, Elisa Oyj's Quick Ratio, along with its competitors' market caps and Quick Ratio 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 Quick Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Elisa Oyj's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Elisa Oyj's Quick Ratio falls into.


HAM:EIA
90GF Score
Elisa Oyj HAM:EIA
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Elisa Oyj Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

Elisa Oyj's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Quick Ratio (A: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(826.7-47.5)/766.9
=1.02

Elisa Oyj's Quick Ratio for the quarter that ended in Mar. 2026 is calculated as

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(748.4-52.2)/500
=1.39

* 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 Quick Ratio →
What does a Quick Ratio of 1.39 mean?
Elisa Oyj (HAM:EIA) has a Quick Ratio of 1.39 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Elisa Oyj and its competitors. This is 60% above median its historical median of 0.87. Over the past decade, Elisa Oyj's Quick Ratio has ranged from 0.54 to 1.64. According to the industry distribution chart, Elisa Oyj ranks #117 out of 369 companies in the Telecommunication Services industry, placing it in the top 31.7%.
Is Elisa Oyj's Quick Ratio too high?
Elisa Oyj's current Quick Ratio of 1.39 is 60% above median its 10-year median of 0.87. Over the past 10 years, this metric has ranged from a low of 0.54 to a high of 1.64. The Telecommunication Services industry median Quick Ratio is 1.05. Elisa Oyj's value of 1.39 is 32.4% above this industry median. Based on the distribution chart, Elisa Oyj ranks #117 out of 369 companies in the Telecommunication Services industry, which is above the industry midpoint. 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 Quick Ratio compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Elisa Oyj ranks #117 out of 369 companies for Quick Ratio. This puts Elisa Oyj in the upper half of its industry. The industry median Quick Ratio is 1.05. Elisa Oyj's value of 1.39 is 32.4% above this benchmark. Historically, Elisa Oyj's own Quick Ratio has ranged from 0.54 to 1.64 over the past decade. While the company's 10-year median is 0.87 vs. the industry median of 1.05, 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 Quick Ratio for a Telecommunication Services company?
The median Quick Ratio among Telecommunication Services companies is 1.05, based on 369 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Elisa Oyj's current Quick Ratio of 1.39 is 32.4% 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Elisa Oyj and its competitors. For the Telecommunication Services industry, the median Quick Ratio is 1.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elisa Oyj's current Quick Ratio is 1.39, which is 60% above median its own 10-year median of 0.87. 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 Quick Ratio of 1.39. The stock's GF Value™ is €44.11, compared to a current price of €36.88 — trading 16.4% below its estimated fair value. The current Quick Ratio is 1.39, which is 60% above median its 10-year median of 0.87 and 32.4% above the Telecommunication Services industry median of 1.05. 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 Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Elisa Oyj (HAM:EIA), the current Quick Ratio is 1.39 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 €36.88 is trading 16.4% below its estimated GF Value™ of €44.11.

Key valuation signals for HAM:EIA:

  • Quick Ratio: 1.39 (60% above median its 10-year median of 0.87)
  • GF Value™: €44.11 vs. price of €36.88 (16.4% below fair value)
  • GF Score™: 90/100 with 2 warning signs
  • Industry Position: 32.4% above the Telecommunication Services median (#117 of 369)

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 Business Description

Address Ratavartijankatu 5, Helsinki, FIN, 00520
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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Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€36.88
Price
€44.11
GF Value