Elisa OyjHAM:EIA -1.60%90 ROA % is 10.52% as of Mar. 2026, which is 7% below its 10-year median of 11.26. 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 372 Telecommunication Services companies, Elisa Oyj ranks better than 88.44% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Elisa Oyj's annualizedNet Income for the quarter that ended in Mar. 2026 was €366 Mil.
Elisa Oyj's average Total Assets over the quarter that ended in Mar. 2026 was €3,477 Mil. Therefore, Elisa Oyj's annualized ROA % for the quarter that ended in Mar. 2026 was 10.52%.
The historical rank and industry rank for Elisa Oyj's ROA % or its related term are showing as below:
HAM:EIA'
s ROA % Range Over the Past 10 Years
Min: 9.95 Med: 11.26 Max: 13.17
Current: 10.1
During the past 13 years, Elisa Oyj's highest ROA % was 13.17%. The lowest was 9.95%. And the median was 11.26%.
HAM:EIA's ROA % is ranked better than 88.44% of 372
companies
in the Telecommunication Services industry
Industry Median: 2.745
vs HAM:EIA: 10.10
Elisa Oyj (HAM:EIA) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.
* 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.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
Elisa Oyj ROA % Related Terms
Elisa Oyj ROA % Historical Data
* Premium members only.
The historical data trend for Elisa Oyj's ROA % 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 ROA %, along with its competitors' market caps and ROA % 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 ROA % vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Elisa Oyj's ROA % distribution charts can be found below:
* The bar in red indicates where Elisa Oyj's ROA % 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.
In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Elisa Oyj (HAM:EIA) has a ROA % of 10.52% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Elisa Oyj and its competitors. This is near median its historical median of 11.26. Over the past decade, Elisa Oyj's ROA % has ranged from 9.95 to 13.17. According to the industry distribution chart, Elisa Oyj ranks #43 out of 372 companies in the Telecommunication Services industry, placing it in the top 11.6%.
Is Elisa Oyj's ROA % too high?
Elisa Oyj's current ROA % of 10.52% is near median its 10-year median of 11.26. Over the past 10 years, this metric has ranged from a low of 9.95 to a high of 13.17. The Telecommunication Services industry median ROA % is 2.75. Elisa Oyj's value of 10.52% is 283.2% above this industry median. Based on the distribution chart, Elisa Oyj ranks #43 out of 372 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 ROA % compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Elisa Oyj ranks #43 out of 372 companies for ROA %. This places Elisa Oyj in the top 12% of its industry — outperforming the majority of peers. The industry median ROA % is 2.75. Elisa Oyj's value of 10.52% is 283.2% above this benchmark. Historically, Elisa Oyj's own ROA % has ranged from 9.95 to 13.17 over the past decade. While the company's 10-year median is 11.26 vs. the industry median of 2.75, 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 ROA % for a Telecommunication Services company?
The median ROA % among Telecommunication Services companies is 2.75, based on 372 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Elisa Oyj's current ROA % of 10.52% is 283.2% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Elisa Oyj and its competitors. For the Telecommunication Services industry, the median ROA % is 2.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elisa Oyj's current ROA % is 10.52%, which is near median its own 10-year median of 11.26. 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 ROA % of 10.52%. 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 ROA % is 10.52%, which is near median its 10-year median of 11.26 and 283.2% above the Telecommunication Services industry median of 2.75. 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 ROA % calculated?
ROA % is calculated from a company's financial statements. For Elisa Oyj (HAM:EIA), the current ROA % is 10.52% 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 €36.88 is trading 16.4% below its estimated GF Value™ of €44.11.
Key valuation signals for HAM:EIA:
ROA %: 10.52% (near median its 10-year median of 11.26)
GF Value™: €44.11 vs. price of €36.88 (16.4% below fair value)
Industry Position: 283.2% above the Telecommunication Services median (#43 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.
90GF Score
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