Elisa Oyj (HAM:EIA) ROCE %: 17.80% (As of Mar. 2026)


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 ROCE %?

Elisa Oyj HAM:EIA -1.60% 90 ROCE % is 17.80% as of Mar. 2026. 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.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Elisa Oyj's annualized ROCE % for the quarter that ended in Mar. 2026 was 17.80%.

Elisa Oyj  (HAM:EIA) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Elisa Oyj ROCE % Related Terms

Elisa Oyj ROCE % Historical Data

* Premium members only.

The historical data trend for Elisa Oyj's ROCE % 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 ROCE % Chart

Elisa Oyj Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.34 19.21 20.22 20.03 17.99

Elisa Oyj Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % 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 21.19 22.30 24.31 13.45 17.80
HAM:EIA
90GF Score
Elisa Oyj HAM:EIA
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Elisa Oyj ROCE % Calculation

Elisa Oyj's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=467.1/( ( (3356.4 - 913.6) + (3515.7 - 766.9) )/ 2 )
=467.1/( (2442.8+2748.8)/ 2 )
=467.1/2595.8
=17.99 %

Elisa Oyj's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=506/( ( (3515.7 - 766.9) + (3437.9 - 500) )/ 2 )
=506/( ( 2748.8 + 2937.9 )/ 2 )
=506/2843.35
=17.80 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 17.80% mean?
Elisa Oyj (HAM:EIA) has a ROCE % of 17.80% as of Mar. 2026.
Is Elisa Oyj's ROCE % too high?
Elisa Oyj's current ROCE % is 17.80%. The Telecommunication Services industry median ROCE % is 7.72. Elisa Oyj's value of 17.80% is 130.6% above this industry median. 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 ROCE % compare to TMUS and VZ?
Elisa Oyj's ROCE % of 17.80% can be compared against companies in the Telecommunication Services industry. The industry median ROCE % is 7.72. Elisa Oyj's value of 17.80% is 130.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Telecommunication Services company?
The median ROCE % among Telecommunication Services companies is 7.72, based on 356 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Elisa Oyj's current ROCE % of 17.80% is 130.6% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Telecommunication Services industry, the median ROCE % is 7.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elisa Oyj's current ROCE % is 17.80%. 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 ROCE % of 17.80%. 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 ROCE % is 17.80% and 130.6% above the Telecommunication Services industry median of 7.72. 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 ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Elisa Oyj (HAM:EIA), the current ROCE % is 17.80% 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:

  • ROCE %: 17.80%
  • GF Value™: €44.11 vs. price of €36.88 (16.4% below fair value)
  • GF Score™: 90/100 with 2 warning signs
  • Industry Position: 130.6% above the Telecommunication Services median

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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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€36.88
Price
€44.11
GF Value