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Eltel

15.50 SEK+4.73 %11/9 17:29
Less than 1K followers

ELTEL

NASDAQ Stockholm

Telecommunications

Technology

Overview
Financials & Estimates
Ownership
Investor views
Compare
+4.73 %
+24.50 %
+26.53 %
+81.92 %
+69.21 %
+68.85 %
+134.85 %
-20.51 %
-64.42 %

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.

Read more
Market cap
2.57B SEK
Turnover
3.11M SEK
P/E (adj.) (26e)
20.4
EV/EBIT (adj.) (26e)
12.34
P/B (26e)
1.27
EV/S (26e)
0.45
Dividend yield-% (26e)
-
Coverage
Recommendation
Reduce
Target price
15.40 SEK
Updated
2026-09-09
Disclaimer
Christoffer Jennel
Christoffer Jennel

Analyst

Latest research

Latest analysis report

Released: 2026-09-09

Latest extensive report

Released: 2025-10-16

Revenue and EBIT-%
EPS and dividend
Financial calendar
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Forum discussions
Now the CFO has also been on the buying side: Insiders – Eltel It certainly builds a nice sense of confidence in the turnaround when other insiders are buying in addition to the CEO. Granted, the amounts from others are still quite modest compared to Dahlström, who bought approximately...
6/18/2026, 9:21 AM
by Keppihevonen
3
A nice-sized contract coming in: €275M / 8 years. The share price also took a small jump on the news today. Hopefully, this is again part of that renewable contract base with healthier margins. Eltel’s momentum is looking good. Eltel Eltel receives contract award decision from Vattenfall...
6/8/2026, 8:18 PM
by Keppihevonen
3
CEO Dahlström has been shopping again, 36,000 shares, ~€48k. A pretty good signal for us retail investors (tuulipuvut) that the CEO is still accumulating.
6/15/2026, 5:41 PM
by Keppihevonen
2
Here are Christoffer Jennel’s comments regarding the Vattenfall contract Eltel announced on Monday a service and maintenance contract award from Vattenfall Eldistribution, valued at approximately EUR 138 million for the initial four-year contract period, which could rise to EUR 275...
6/9/2026, 5:41 AM
by Sijoittaja-alokas
2
Huge contracts are coming in from Norway, and the share price is soaring: Eltel Norway, a fully owned subsidiary of Eltel AB (publ), has today been awarded a new long-term partnership agreement with Telenor Norway covering 2026–2031. Based on expected volumes, the agreement is estimated...
9/8/2026, 9:46 AM
by Keppihevonen
1
Here are Lucas’s comments on the contracts Eltel has received in Finland Eltel announced a EUR 34 million power line project for Fingrid on Friday, and in a separate release, a EUR 20 million power grid connection contract for FCDC’s new data center. We view these contract wins, ...
7/6/2026, 6:26 AM
by Sijoittaja-alokas
1
Christoffer Jennel has written a new company report on Eltel On Tuesday, Eltel announced a new network rollout and maintenance partnership agreement with Telenor Norway, valued at approximately EUR 475 million over its initial five-year contract period (2026–2031). The agreement ...
9/9/2026, 1:25 PM
by Sijoittaja-alokas
0
Read more on our forum
Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
29/10
2026

Interim report Q3'26

12/2
2027

Annual report '26

Regulatory press release2026-09-11 16:20

Eltel vinner ramavtal med KONSTANT värt 73 miljoner euro och stärker sin danska Power-verksamhet

Eltel
Regulatory press release2026-09-11 16:20

Eltel wins frame agreement with KONSTANT worth EUR 73 million and strengthens its Danish Power business

Eltel
Eltel: Landmark Telenor win, but price runs ahead
Research2026-09-09 08:04 by
Christoffer Jennel

Eltel: Landmark Telenor win, but price runs ahead

Eltel's landmark Telenor Norway win strengthens the investment case and lifts our estimates, but after an ~18% re-rating, the good news now looks largely priced in.

Eltel

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Regulatory press release2026-09-08 08:00

Eltel Norway awarded long-term partnership agreement with Telenor Norway

Eltel
Regulatory press release2026-09-08 08:00

Eltel Norge tilldelas långsiktigt partneravtal med Telenor Norge

Eltel
Analyst Comment2026-09-03 09:15 by
Atte Jortikka, Tommi Saarinen, Christoffer Jennel

Case: Data centers jump-starting construction

We estimate that data center construction is partly filling the gap left in the construction market by the decline in residential construction in recent years.

Kreate GroupYITSRV GroupGRK InfraSitowise GroupTekovaLapWallConstiNYABEltelEnersense International
Press release2026-08-26 10:00

Eltel förvärvar EWIIs gatubelysningsverksamhet och stärker sin marknadsposition på Jylland

Eltel
Press release2026-08-26 10:00

Eltel acquires EWII’s street lighting business and strengthens its market position in Jutland

Eltel
 Eltel Q2'26: Utvecklingen fortsätter i rätt riktning13:59
Video2026-07-23 16:11 by
Christoffer Jennel, Renato Rios

Eltel Q2'26: Utvecklingen fortsätter i rätt riktning

Christoffer berättar varför utvecklingen i Q2 rapporten gör att vi fortsatt är positiva till bolaget.

Eltel
Eltel Q2'26: A dozen reasons to believe in the structural turnaround
Research2026-07-22 07:30 by
Christoffer Jennel

Eltel Q2'26: A dozen reasons to believe in the structural turnaround

Eltel's Q2'26 report was mixed relative to our estimates. While the top line fell short, profitability once again exceeded our expectations.

Eltel
Third party research2026-07-22 07:03

Eltel: Earnings improve, but less than we hoped - ABG

* Earnings improved materially y-o-y, but less than we estimated * We cut EBITA estimates by EUR 3m for '26e, EUR 1m for '27e-'28e * Share trading at 12-9x '26e-'27e EV/EBITA (adj.) Earnings improvement, but not as much as we hoped Eltel reported Q2 ...

Eltel
Eltel Q2'26: Strong order intake and continued margin improvement17:53
Video2026-07-21 16:39 by
Christoffer Jennel

Eltel Q2'26: Strong order intake and continued margin improvement

We sat down with CEO of Eltel, Håkan Dahlström, to unpack the Q2 results.

Eltel
Eltel, Webcast, Q2'26
Webcast2026-07-21 10:00

Eltel, Webcast, Q2'26

Eltel
Regulatory press release2026-07-21 08:00

Eltel Half-year report January-June 2026: Continued profitability improvement and large contract awards

Eltel
Regulatory press release2026-07-21 08:00

Eltel halvårsrapport januari-juni 2026: Fortsatt förbättrad lönsamhet och stora kontraktstilldelningar

Eltel
Eltel Q2'26 preview: Pullback reopens the upside
Research2026-07-17 07:30 by
Christoffer Jennel

Eltel Q2'26 preview: Pullback reopens the upside

We expect the Q2 report to show solid top-line growth driven by the Power segment and improved commercial visibility from recently signed framework agreements, alongside continued margin expansion.

Eltel
Press release2026-07-13 15:00

Eltel utökar samarbetet med GlobalConnect kring rikstäckande fiberinstallationer i Danmark

Eltel
Press release2026-07-13 15:00

Eltel expands cooperation with GlobalConnect on nationwide fiber installations in Denmark

Eltel
Press release2026-07-07 09:00

Inbjudan till Eltels presentation av halvårsrapport för 2026

Eltel
Press release2026-07-07 09:00

Invitation to Eltel’s half-year 2026 report presentation

Eltel