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Elisa Oyj (ELMUY)

For informational purposes only. Not financial advice. Analysis by Sedat Aydin, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.

Elisa Oyj (ELMUY) with AI Score 52/100 (Hold). Elisa Oyj is a Finnish telecommunications company providing a range of digital and communication services to consumers, corporations, and public administration organizations. Market cap: 0, Sector: Communication services.

Last analyzed: Mar 17, 2026
Elisa Oyj is a Finnish telecommunications company providing a range of digital and communication services to consumers, corporations, and public administration organizations. Founded in 1882, the company operates in Finland, Europe, and internationally.
52/100 AI Score

Elisa Oyj (ELMUY) Media & Communications Profile

CEOTopi Manner
Employees6162
HeadquartersHelsinki, FI
IPO Year2008

Elisa Oyj, a Finnish telecommunications provider established in 1882, delivers fixed and mobile subscriptions, digital services, and ICT solutions to consumers and corporate clients across Finland, Europe, and internationally. With a solid dividend yield and a history of innovation, Elisa maintains a strong position in the Nordic telecom market.

Data Provenance | Financial Data Quantitative Analysis NASDAQ Analysis: Mar 17, 2026

Investment Thesis

Elisa Oyj presents a compelling investment case based on its established market position, consistent profitability, and commitment to innovation. With a market capitalization of $16.05 billion and a P/E ratio of 20.99, Elisa demonstrates financial stability. The company's profit margin of 15.2% and gross margin of 30.8% reflect efficient operations. A dividend yield of 6.60% makes it attractive to income-seeking investors. Growth catalysts include expansion of 5G networks and increased demand for digital services. Potential risks include competition from other telecommunications providers and regulatory changes in the telecommunications sector. The company's beta of 0.45 suggests lower volatility compared to the overall market.

Based on FMP financials and quantitative analysis

Key Highlights

  • Market capitalization of $16.05 billion, reflecting a substantial valuation in the telecommunications sector.
  • P/E ratio of 20.99, indicating a moderate valuation relative to earnings.
  • Profit margin of 15.2%, demonstrating efficient profitability in its operations.
  • Gross margin of 30.8%, suggesting a healthy ability to manage production costs.
  • Dividend yield of 6.60%, providing a significant income stream for investors.

Competitors & Peers

Strengths

  • Strong market position in Finland
  • High dividend yield
  • Focus on innovation
  • Diversified service offerings

Weaknesses

  • Limited international presence compared to larger competitors
  • Dependence on the Finnish market
  • Exposure to regulatory changes
  • Competition from other telecommunications providers

Catalysts

  • Ongoing: Expansion of 5G networks and related services.
  • Ongoing: Development and deployment of new IoT solutions for various industries.
  • Ongoing: Growth in digital services and entertainment offerings.
  • Upcoming: Potential international expansion into new markets.
  • Ongoing: Continued focus on innovation and customer service.

Risks

  • Ongoing: Intense competition in the telecommunications industry.
  • Potential: Rapid technological changes and the need to adapt to new technologies.
  • Potential: Economic downturns and their impact on consumer spending.
  • Potential: Cybersecurity threats and data breaches.
  • Ongoing: Regulatory changes in the telecommunications sector.

Growth Opportunities

  • Expansion of 5G Networks: Elisa can capitalize on the growing demand for 5G technology by expanding its network coverage and service offerings. The global 5G market is projected to reach $667.90 billion by 2030, growing at a CAGR of 122.3% from 2021 to 2030. Elisa's early adoption of 5G in Finland provides a competitive advantage in rolling out advanced services and attracting new customers. Timeline: Ongoing.
  • IoT Solutions for Industries: Elisa can leverage its expertise in IoT to provide solutions for various industries, including manufacturing, logistics, and healthcare. The global IoT market is expected to reach $1.46 trillion by 2027. Elisa's focus on developing customized IoT solutions for specific industries can drive revenue growth and enhance customer loyalty. Timeline: Ongoing.
  • Digital Services and Entertainment: Elisa can expand its digital services offerings, including entertainment, e-reading, and video conferencing, to cater to changing consumer preferences. The global digital entertainment market is projected to reach $430.7 billion by 2027. Elisa's ability to bundle these services with its telecommunications offerings can enhance customer value and increase market share. Timeline: Ongoing.
  • International Expansion: Elisa can pursue international expansion opportunities in other European markets and beyond. The global telecommunications market is highly competitive, but Elisa's proven track record and innovative solutions can enable it to successfully enter new markets. Timeline: Ongoing.
  • ICT and Online Services: Elisa can further develop its ICT and online services for corporate customers, including cloud computing, cybersecurity, and data analytics. The global ICT market is expected to reach $5.9 trillion by 2027. Elisa's ability to provide comprehensive ICT solutions can attract new corporate clients and drive revenue growth. Timeline: Ongoing.

Opportunities

  • Expansion of 5G networks
  • Growth in IoT solutions
  • Increasing demand for digital services
  • International expansion

Threats

  • Intense competition in the telecommunications industry
  • Rapid technological changes
  • Economic downturns
  • Cybersecurity threats

Competitive Advantages

  • Established market position in Finland.
  • Strong brand reputation.
  • Extensive network infrastructure.
  • Focus on innovation and customer service.

About ELMUY

Elisa Oyj, established in 1882 and headquartered in Helsinki, Finland, is a telecommunications and digital services provider. The company operates through two primary segments: Consumer Customers and Corporate Customers. Elisa offers a wide array of services, including fixed and mobile subscriptions, digital services, cable-TV subscriptions, entertainment, e-reading services, and video conferencing solutions. For corporate clients, Elisa provides solutions for network management automation, IoT solutions for various industries, and ICT and online services. Elisa serves consumers, corporations, and public administration organizations in Finland, other parts of Europe, and internationally. Elisa has evolved from a traditional telephone company to a modern digital service provider, adapting to changing technological landscapes and customer needs. The company's geographic reach extends beyond Finland, with a growing presence in other European markets. Elisa's competitive positioning is strengthened by its focus on innovation, customer service, and technological advancements.

What They Do

  • Provides fixed and mobile subscription services.
  • Offers digital services, including entertainment and e-reading.
  • Delivers cable-TV subscription services.
  • Provides video conferencing solutions.
  • Offers IoT solutions for various industries.
  • Provides ICT and online services for corporate clients.
  • Offers solutions for automation of network management and operation for mobile operators.

Business Model

  • Subscription-based revenue from fixed and mobile services.
  • Revenue from digital services and entertainment offerings.
  • Sales of ICT and online services to corporate clients.
  • Revenue from IoT solutions and related services.

Industry Context

Elisa Oyj operates in the telecommunications services industry, which is characterized by rapid technological advancements, increasing demand for data, and evolving regulatory landscapes. The global telecommunications market is expected to continue growing, driven by the adoption of 5G technology and the increasing reliance on digital services. Elisa competes with other telecommunications providers such as AAFRF (America Movil), BCEPF (BCE Inc.), HLTOY (Helios Towers PLC), MTNOF (MTN Group), and TIAIY (Telefonica SA). Elisa's focus on innovation and customer service positions it well to capitalize on these trends.

Key Customers

  • Consumers in Finland and other European countries.
  • Corporations across various industries.
  • Public administration organizations.
AI Confidence: 71% Updated: Mar 17, 2026

Financials

Chart & Info

Elisa Oyj (ELMUY) stock price: Price data unavailable

Latest News

No recent news available for ELMUY.

Analyst Consensus

Consensus Rating

Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for ELMUY.

Price Targets

Wall Street price target analysis for ELMUY.

MoonshotScore

52/100

What does this score mean?

The MoonshotScore rates ELMUY's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.

Leadership: Topi Manner

CEO

Topi Manner serves as the CEO of Elisa Oyj, leading a workforce of over 6,000 employees. Prior to joining Elisa, Manner held various leadership positions in the airline industry, including serving as the CEO of Finnair. His experience spans strategic planning, operational management, and customer service. Manner's background in the airline industry brings a fresh perspective to the telecommunications sector, emphasizing customer experience and innovation.

Track Record: Since becoming CEO, Topi Manner has focused on driving Elisa's growth through digital transformation and international expansion. Key achievements include the successful rollout of 5G networks and the development of new IoT solutions. Under his leadership, Elisa has maintained its position as a leading telecommunications provider in Finland and has expanded its presence in other European markets.

Elisa Oyj ADR Information Unsponsored

An American Depositary Receipt (ADR) is a certificate representing shares of a foreign company trading on U.S. stock exchanges. ELMUY is traded as a Level 1 ADR, meaning it trades over-the-counter (OTC) without needing to meet the strict listing requirements of exchanges like the NYSE or NASDAQ. This allows U.S. investors to invest in Elisa Oyj more easily.

  • Home Market Ticker: Helsinki Stock Exchange, Finland
  • ADR Level: 1
  • ADR Ratio: 1:1
  • Home Market Ticker: ELMU
Currency Risk: Investing in ELMUY exposes U.S. investors to currency risk, as the ADR's value is affected by fluctuations between the U.S. dollar and the Euro. If the Euro weakens against the dollar, the value of ELMUY in dollar terms may decrease, regardless of Elisa Oyj's performance in its home market.
Tax Implications: Dividends paid on ELMUY shares are subject to Finnish withholding tax. The standard withholding tax rate in Finland is 30%. However, the U.S. has a tax treaty with Finland that may reduce the withholding tax rate for eligible U.S. investors. Investors should consult with a tax advisor to determine their specific tax obligations.
Trading Hours: The Helsinki Stock Exchange operates from 10:00 AM to 6:30 PM Finnish time (EET), which is 3 hours ahead of Eastern Standard Time (EST). This means that there is a significant overlap between the trading hours of the Helsinki Stock Exchange and the U.S. stock markets. However, ELMUY, being an OTC stock, may have limited trading hours compared to its home market.

ELMUY OTC Market Information

The OTC Other tier represents the lowest tier of the over-the-counter (OTC) market. Companies in this tier often have limited financial disclosure, and may not meet minimum listing requirements of major exchanges like the NYSE or NASDAQ. Investing in OTC Other stocks carries higher risks due to the lack of regulatory oversight and potential for fraud or manipulation. Investors should exercise caution and conduct thorough due diligence before investing in ELMUY.

  • OTC Tier: OTC Other
  • Disclosure Status: Unknown
Liquidity: Liquidity for ELMUY on the OTC market is likely to be limited, with potentially low trading volume and a wider bid-ask spread compared to exchange-listed stocks. This can make it difficult to buy or sell shares quickly and at a favorable price. Investors should be aware of the potential for price volatility and illiquidity when trading ELMUY on the OTC market.
OTC Risk Factors:
  • Limited financial disclosure
  • Low trading volume and liquidity
  • Potential for price volatility
  • Higher risk of fraud or manipulation
  • Lack of regulatory oversight
Due Diligence Checklist:
  • Verify the company's registration and legal status.
  • Review available financial reports and disclosures.
  • Assess the company's business model and competitive position.
  • Evaluate the company's management team and track record.
  • Understand the risks associated with investing in OTC stocks.
  • Consult with a financial advisor.
  • Monitor trading volume and price movements.
Legitimacy Signals:
  • Established operating history since 1882.
  • Presence in the telecommunications industry.
  • Publicly available information from the company itself.
  • ADR listing, even at Level 1, suggests some level of compliance.

Common Questions About ELMUY

What does Elisa Oyj do?

Elisa Oyj is a Finnish telecommunications company that provides a wide range of digital and communication services. These services include fixed and mobile subscriptions, digital entertainment, cable-TV subscriptions, and video conferencing. The company also offers solutions for network management automation, IoT applications for industries, and ICT and online services. Elisa serves consumers, corporations, and public administration organizations in Finland, Europe, and internationally, focusing on delivering innovative and reliable telecommunications solutions.

What do analysts say about ELMUY stock?

Analyst coverage of ELMUY may be limited due to its OTC listing and status as a Level 1 ADR. However, key valuation metrics include its P/E ratio of 20.99 and dividend yield of 6.60%. Growth considerations include the company's expansion of 5G networks and its focus on digital services. Investors should conduct their own research and consider the risks associated with investing in OTC stocks before making any investment decisions. Analyst consensus is Unknown.

What are the main risks for ELMUY?

The main risks for ELMUY include intense competition in the telecommunications industry, rapid technological changes, economic downturns, and cybersecurity threats. The company also faces regulatory risks and the potential impact of currency fluctuations on its financial performance. As an OTC-listed stock, ELMUY carries additional risks related to limited financial disclosure, low trading volume, and potential price volatility. Investors should carefully consider these risks before investing in ELMUY.

What are the key factors to evaluate for ELMUY?

Elisa Oyj (ELMUY) currently holds an AI score of 52/100, indicating moderate score. Key strength: Strong market position in Finland. Primary risk to monitor: Ongoing: Intense competition in the telecommunications industry.. This is not financial advice.

How frequently does ELMUY data refresh on this page?

ELMUY prices update in real time during U.S. market hours (9:30 AM-4:00 PM ET, weekdays). Fundamentals refresh after quarterly or annual filings. Analyst ratings and AI insights update daily. News is aggregated continuously from financial sources.

What has driven ELMUY's recent stock price performance?

Recent price movement in Elisa Oyj (ELMUY) can be influenced by earnings results, analyst revisions, sector rotation, and broader market sentiment. Notable catalyst: Strong market position in Finland. Check the News and Technical Analysis tabs for the latest drivers. Past performance does not predict future results.

Should investors consider ELMUY overvalued or undervalued right now?

Determining whether Elisa Oyj (ELMUY) is overvalued or undervalued requires examining multiple metrics. Compare valuation ratios (P/E, P/S, EV/EBITDA) against sector peers for a comprehensive view.

What research should beginners do before buying ELMUY?

Before investing in Elisa Oyj (ELMUY), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Official Resources

Analysis updated AI Score refreshed daily
Data Sources & Methodology
Market data powered by Financial Modeling Prep & Yahoo Finance. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .

Data provided for informational purposes only.

Analysis Notes
  • AI analysis pending for ELMUY.
  • OTC market investments carry additional risk.
Data Sources

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