E

Elmera Group ASA
OSE:ELMRA

Watchlist Manager
Elmera Group ASA
OSE:ELMRA
Watchlist
Price: 34.75 NOK 0.72% Market Closed
Market Cap: kr4B

EV/EBITDA

10.6
Current
26%
More Expensive
vs 3-y average of 8.4

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
10.6
=
Enterprise Value
kr5.6B
/
EBITDA
kr542.2m

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
10.6
=
Enterprise Value
kr5.6B
/
EBITDA
kr542.2m

Valuation Scenarios

Elmera Group ASA is trading above its 3-year average

If EV/EBITDA returns to its 3-Year Average (8.4), the stock would be worth kr27.48 (21% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-31%
Maximum Upside
+50%
Average Downside
7%
Scenario EV/EBITDA Value Implied Price Upside/Downside
Current Multiple 10.6 kr34.75
0%
3-Year Average 8.4 kr27.48
-21%
5-Year Average 7.3 kr23.84
-31%
Industry Average 15.9 kr52.1
+50%
Country Average 7.8 kr25.44
-27%

Forward EV/EBITDA
Today’s price vs future ebitda

Today's Enterprise Value EBITDA Forward EV/EBITDA
kr5.6B
/
Jan 2026
kr542.2m
=
10.6
Current
kr5.6B
/
Dec 2026
kr834.3m
=
6.7
Forward
kr5.6B
/
Dec 2027
kr857.7m
=
6.5
Forward
kr5.6B
/
Dec 2028
kr887.2m
=
6.3
Forward
kr5.6B
/
Dec 2029
kr1.1B
=
5
Forward

Forward EV/EBITDA shows whether today’s EV/EBITDA still looks high or low once future ebitda are taken into account.

Peer Comparison

All Multiples
EV/EBITDA
P/E
All Countries
Close
Market Cap EV/EBITDA P/E
NO
Elmera Group ASA
OSE:ELMRA
3.8B NOK 10.6 23.3
US
Nextera Energy Inc
NYSE:NEE
198.4B USD 19.2 29
ES
Iberdrola SA
MAD:IBE
128.8B EUR 10 20.6
IT
Enel SpA
MIL:ENEL
99.2B EUR 7.4 23.3
US
Constellation Energy Corp
NASDAQ:CEG
113.6B USD 20.9 42.2
US
Southern Co
NYSE:SO
102.7B USD 12.7 23.7
US
Duke Energy Corp
NYSE:DUK
99B USD 11.1 20.2
US
American Electric Power Company Inc
NASDAQ:AEP
72.9B USD 13.3 20.4
FR
Electricite de France SA
PAR:EDF
46.6B EUR -5.4 -2.5
US
Entergy Corp
NYSE:ETR
51.4B USD 13.8 29.2
US
Xcel Energy Inc
NASDAQ:XEL
49.4B USD 14 24.5
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
NO
E
Elmera Group ASA
OSE:ELMRA
Average EV/EBITDA: 13.3
10.6
18%
0.6
US
Nextera Energy Inc
NYSE:NEE
19.2
16%
1.2
ES
Iberdrola SA
MAD:IBE
10
4%
2.5
IT
Enel SpA
MIL:ENEL
7.4
9%
0.8
US
Constellation Energy Corp
NASDAQ:CEG
20.9
25%
0.8
US
Southern Co
NYSE:SO
12.7
10%
1.3
US
Duke Energy Corp
NYSE:DUK
11.1
6%
1.9
US
American Electric Power Company Inc
NASDAQ:AEP
13.3
11%
1.2
FR
Electricite de France SA
PAR:EDF
Negative Multiple: -5.4 N/A N/A
US
Entergy Corp
NYSE:ETR
13.8
13%
1.1
US
Xcel Energy Inc
NASDAQ:XEL
14
16%
0.9

Market Distribution

In line with most companies in Norway
Percentile
58th
Based on 539 companies
58th percentile
10.6
Low
0.1 — 2.2
Typical Range
2.2 — 16.6
High
16.6 —
Distribution Statistics
Norway
Min 0.1
30th Percentile 2.2
Median 7.8
70th Percentile 16.6
Max 40 612.5

Elmera Group ASA
Glance View

Market Cap
4B NOK
Industry
Utilities

Elmera Group ASA supplies electricity to homes and to large and small jobs in the private and public sectors. The company is headquartered in Fyllingsdalen, Hordaland. The company went IPO on 2018-03-21. The Group is a national electricity retailer and provider of related services to households, private and public companies, as well as municipalities. The core business includes the purchase, sale and portfolio management of electrical power. The firm operates within segments: The Consumer segment, that implies the sale of electrical power and related services to private consumers in Norway; The Business segment, that covers sale of electrical power and related services to business consumers in Norway; and The Nordic segment, that covers sale of electrical power and related services to consumers in Finland and Sweden.

ELMRA Intrinsic Value
52.65 NOK
Undervaluation 34%
Intrinsic Value
Price kr34.75
E
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett