Elisa Oyj

Factors to consider:

• Company pays dividends (annually): last record date 2026-06-20, amount 0.71$ (Y1.47%)
• Earnings for 6 months up through Q2 are close to our estimates

Stock Forecast*

* forecast is subjective and experimental, should not be used for any investment decisions

Long term estimates were made for the period from 2025-12-31 to 2027-12-31

• 2025-12-31 to 2026-12-31 estimated range: [38.89$, 53.89$]
• 2026-12-31 to 2027-12-31 estimated range: [40.07$, 55.22$]

Financial Metrics affecting the ELMUF estimates:

• Negative: with PPE of 16.5 at the end of fiscal year the price was very high
• Positive: 6.73 < Operating cash flow per share per price, % of 11.58
• Positive: Operating profit margin, % of 20.65 > 18.65
• Positive: Return on assets ratio (scaled to [-100,100]) of 8.87 > 6.08
• Positive: Industry operating cash flow per share per price (median), % of 21.54 > 10.39
• Positive: -9.07 < Industry operating profit margin (median), % of 0.88
• Positive: Interest expense per share per price, % of 0.84 <= 3.33
• Positive: -14.26 < Investing cash flow per share per price, % of -4.86