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Eltel

9.82 SEK

+1.03 %

Less than 1K followers
Corporate customer

ELTEL

NASDAQ Stockholm

Telecommunications

Technology

+1.03 %
+16.08 %
+8.39 %
+7.21 %
+12.10 %
+43.99 %
+3.37 %
-62.80 %
-77.46 %

Eltel operates in the telecommunications and electricity industries and offers services in infrastructure for networks and electricity. The company's services include installation, maintenance and project management for telecommunications and electricity networks. The business is aimed at companies and public institutions in Europe. Eltel was founded in 2001 and is headquartered in Stockholm, Sweden.

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Market cap
1.58B SEK
Turnover
19.6K SEK
P/E (adj.) (26e)
14.92
EV/EBIT (adj.) (26e)
9.91
P/B (26e)
0.84
EV/S (26e)
0.32
Dividend yield-% (26e)
-
Coverage
Recommendation
Accumulate
Target price
10.20 SEK
Updated
16.02.2026
Disclaimer
Christoffer Jennel
Christoffer Jennel

Analyst

Latest research

Latest analysis report

Released: 16.02.2026

Latest extensive report

Released: 16.10.2025

Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
30.4
2026

Interim report Q1'26

12.5
2026

General meeting '26

21.7
2026

Interim report Q2'26

Risk
Business risk
Valuation risk
Low
High
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Third party research

Eltel: Margin-beat and strengthened balance sheet - ABG

* Substantial margin-driven EBITA beat * We raise EBITA by 6-5% for '26e-'27e * Balance sheet soon supportive of dividends, in our view A margin-driven earnings beat Eltel reported Q4 net sales of EUR 239m (+6% vs. ABGSCe) and EBITA of EUR 8.3m (+31%...

Eltel
Third party research

Eltel: Keeps the earnings growth streak alive - ABG

* Adj. EBITA EUR 9.1m, above ABGSCe 7.0m and up y-o-y* We raise our adj. EBITA estimates by EUR 3-1m for '25e-'27e* Nine-quarter streak of y-o-y adj. EBITA improvementProfitability improvements showingEltel reported a strong set of numbers, with adj....

Eltel
Eltel Q3´25: Execution on strategy continues16:47
Video by
Christoffer Jennel

Eltel Q3´25: Execution on strategy continues

Eltel published its third-quarter report today, showing negative organic growth, while the EBITA margin was in line with our analyst expectations. Listen to the interview with CEO Håkan Dahlström, where he discusses the Q3 figures, his thoughts on 2025 in general, and what to expect in 2026.

Eltel
Forum discussions
Hello everyone! My name is Christoffer Jennel and I am responsible for analysis monitoring at Eltel. Since our forum has now switched to multilingual mode, you can ask me questions and I will participate in the discussion here.
10/20/2025, 7:53 AM
by Christoffer Jennel
4
Hello everyone! Jesper from the Swedish community here. Today, we recorded an interview with analyst @christoffer.jennel about our updated analysis on Eltel after the Q3 report. So feel free to check it out, though it’s in Swedish. If you have any questions you’d like Christoffer...
11/3/2025, 12:53 PM
by Jesper Hagman
2
Christoffer Jennel has prepared a new comprehensive report on Eltel. As usual, this comprehensive report is also available for everyone to read, with no paywalls. Eltel has continued its gradual turnaround, demonstrating concrete profitability improvements while maintaining a strong...
10/16/2025, 4:37 PM
by Sijoittaja-alokas
2
Christoffer Jennel and Aapeli have prepared a new company report on Eltel after Q2. Eltel’s Q2 report was weaker than expected across the board. Although profitability continued to improve year-on-year, the decline in revenue was somewhat unexpected, and the total order backlog remained...
7/25/2025, 6:31 AM
by Sijoittaja-alokas
2
Eltel’s CEO Håkan Dahlström was interviewed by Christoffer Jennel after Q2. Inderes Eltel Q2’25: Stronger than a year ago - Inderes Time: 24.07.2025 klo 13.30 Listen to Eltel CEO Håkan Dahlström as he reflects on the Q2 results and shares his outlook for the second half of 2025. ...
7/24/2025, 2:02 PM
by Sijoittaja-alokas
2
Here are Christoffer Jennel’s comments on Eltel’s four-year contract with Caruna. Eltel announced on Monday that it had signed a four-year extension agreement with Caruna, Finland’s largest electricity distribution company. The contract is valued at approximately EUR 81 million and...
9/15/2025, 2:16 PM
by Sijoittaja-alokas
1
Here is a new company report on Eltel from Christoffer following the Q4 results. Eltel ended 2025 strongly, as Q4 revenue was 4% higher than our forecasts and profitability continued to improve year-on-year for the tenth consecutive quarter. Importantly, Norway continued its return...
2/16/2026, 6:18 AM
by Sijoittaja-alokas
0
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