Elisa Oyj

HE:ELISA Finland Telecom Services
Market Cap
$7.15 Billion
€6.97 Billion EUR
Market Cap Rank
#2862 Global
#7 in Finland
Share Price
€43.40
Change (1 day)
-2.95%
52-Week Range
€36.62 - €47.92
All Time High
€53.48
Categories
Companies in Finland Telecom Services
About

Elisa Oyj provides telecommunications, information and communication technology (ICT), and online services in Finland, rest of Europe, and internationally. It operates through two segments, Consumer Customers and Corporate Customers. The company offers consumers with telecommunications and communications services, including fixed and mobile subscriptions, supplementary digital services, cable TV … Read more

Elisa Oyj (ELISA) - Net Assets

Latest net assets as of December 2025: €1.26 Billion EUR

Based on the latest financial reports, Elisa Oyj (ELISA) has net assets worth €1.26 Billion EUR as of December 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€3.52 Billion) and total liabilities (€2.26 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets €1.26 Billion
% of Total Assets 35.81%
Annual Growth Rate 2.42%
5-Year Change 4.55%
10-Year Change 29.61%
Growth Volatility 12.53

Elisa Oyj - Net Assets Trend (2000–2025)

This chart illustrates how Elisa Oyj's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Elisa Oyj (2000–2025)

The table below shows the annual net assets of Elisa Oyj from 2000 to 2025.

Year Net Assets Change
2025-12-31 €1.26 Billion -2.62%
2024-12-31 €1.29 Billion -0.07%
2023-12-31 €1.29 Billion +3.34%
2022-12-31 €1.25 Billion +3.97%
2021-12-31 €1.20 Billion +1.68%
2020-12-31 €1.18 Billion +2.96%
2019-12-31 €1.15 Billion +2.08%
2018-12-31 €1.13 Billion +8.39%
2017-12-31 €1.04 Billion +7.03%
2016-12-31 €971.30 Million +4.90%
2015-12-31 €925.90 Million +5.38%
2014-12-31 €878.60 Million +1.90%
2013-12-31 €862.20 Million +1.26%
2012-12-31 €851.50 Million +1.33%
2011-12-31 €840.30 Million +0.89%
2010-12-31 €832.90 Million -7.46%
2009-12-31 €900.00 Million +2.86%
2008-12-31 €875.00 Million -15.49%
2007-12-31 €1.04 Billion -21.10%
2006-12-31 €1.31 Billion -2.77%
2005-12-31 €1.35 Billion +47.59%
2004-12-31 €914.50 Million +17.78%
2003-12-31 €776.46 Million -2.85%
2002-12-31 €799.23 Million -6.55%
2001-12-31 €855.21 Million +23.46%
2000-12-31 €692.69 Million --

Equity Component Analysis

This analysis shows how different components contribute to Elisa Oyj's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 337.3% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings €821.40 Million 65.59%
Common Stock €83.00 Million 6.63%
Other Components €348.00 Million 27.79%
Total Equity €1.25 Billion 100.00%

Elisa Oyj Competitors by Market Cap

The table below lists competitors of Elisa Oyj ranked by their market capitalization.

Company Market Cap
Macerich Company
NYSE:MAC
 		$4.79 Billion
China Natl Chem Engineering Co
SHG:601117
 		$4.80 Billion
Jiangsu Hoperun Software Co Ltd
SHE:300339
 		$4.80 Billion
Helvetia Holding AG
PINK:HELNF
 		$4.80 Billion
Wex Inc
NYSE:WEX
 		$4.79 Billion
Lotes Co Ltd
TW:3533
 		$4.79 Billion
Atour Lifestyle Holdings Limited American Depositary Shares
NASDAQ:ATAT
 		$4.79 Billion
Tripod Technology Corp
TW:3044
 		$4.79 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Elisa Oyj's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 1,285,500,000 to 1,252,400,000, a change of -33,100,000 (-2.6%).
  • Net income of 342,000,000 contributed positively to equity growth.
  • Dividend payments of 381,400,000 reduced retained earnings.
  • Other comprehensive income decreased equity by 465,200,000.
  • Other factors increased equity by 471,500,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income €342.00 Million +27.31%
Dividends Paid €381.40 Million -30.45%
Other Comprehensive Income €-465.20 Million -37.14%
Other Changes €471.50 Million +37.65%
Total Change €- -2.57%

Book Value vs Market Value Analysis

This analysis compares Elisa Oyj's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 5.57x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 9.47x to 5.57x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2002-12-31 €4.58 €43.40 x
2003-12-31 €4.51 €43.40 x
2004-12-31 €6.43 €43.40 x
2005-12-31 €9.24 €43.40 x
2006-12-31 €7.90 €43.40 x
2007-12-31 €6.48 €43.40 x
2008-12-31 €5.54 €43.40 x
2009-12-31 €5.77 €43.40 x
2010-12-31 €5.31 €43.40 x
2011-12-31 €5.36 €43.40 x
2012-12-31 €5.42 €43.40 x
2013-12-31 €5.47 €43.40 x
2014-12-31 €5.51 €43.40 x
2015-12-31 €5.80 €43.40 x
2016-12-31 €6.08 €43.40 x
2017-12-31 €6.51 €43.40 x
2018-12-31 €7.05 €43.40 x
2019-12-31 €7.19 €43.40 x
2020-12-31 €7.39 €43.40 x
2021-12-31 €7.48 €43.40 x
2022-12-31 €7.77 €43.40 x
2023-12-31 €8.04 €43.40 x
2024-12-31 €8.00 €43.40 x
2025-12-31 €7.80 €43.40 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Elisa Oyj utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 27.31%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 15.15%
  • • Asset Turnover: 0.64x
  • • Equity Multiplier: 2.81x
  • Recent ROE (27.31%) is above the historical average (20.75%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2000 3.37% 1.79% 0.72x 2.62x €-43.91 Million
2002 -11.21% -4.53% 0.74x 3.32x €-134.10 Million
2003 -2.65% -1.07% 0.80x 3.10x €-78.68 Million
2004 17.17% 11.19% 0.73x 2.11x €63.35 Million
2005 13.18% 13.18% 0.61x 1.65x €42.47 Million
2006 12.26% 10.56% 0.73x 1.60x €29.54 Million
2007 21.27% 14.01% 0.72x 2.11x €116.46 Million
2008 20.30% 11.92% 0.73x 2.33x €89.82 Million
2009 19.68% 12.37% 0.73x 2.18x €87.08 Million
2010 18.14% 10.29% 0.74x 2.38x €67.52 Million
2011 24.07% 13.16% 0.77x 2.39x €117.72 Million
2012 24.59% 13.44% 0.77x 2.37x €123.83 Million
2013 22.85% 12.71% 0.67x 2.70x €110.57 Million
2014 25.62% 14.65% 0.68x 2.56x €137.10 Million
2015 26.27% 15.49% 0.70x 2.43x €150.56 Million
2016 26.48% 15.72% 0.65x 2.61x €160.02 Million
2017 32.38% 18.83% 0.69x 2.48x €232.65 Million
2018 28.04% 17.24% 0.69x 2.37x €203.17 Million
2019 26.36% 16.44% 0.66x 2.45x €188.05 Million
2020 27.73% 17.31% 0.62x 2.57x €209.73 Million
2021 28.69% 17.20% 0.66x 2.53x €223.82 Million
2022 30.01% 17.57% 0.69x 2.49x €249.45 Million
2023 29.08% 17.21% 0.70x 2.42x €246.16 Million
2024 27.88% 16.35% 0.65x 2.61x €229.85 Million
2025 27.31% 15.15% 0.64x 2.81x €216.76 Million

Industry Comparison

This section compares Elisa Oyj's net assets metrics with peer companies in the Telecom Services industry.

No peer company data available for comparison.