Eltel

9.00 SEK

0.00 %

Less than 1K followers

ELTEL

NASDAQ Stockholm

Telecommunications

Technology

Overview

Financials & Estimates

Ownership

Investor consensus

0.00 %

+5.88 %

+1.58 %

+1.58 %

+39.75 %

+40.63 %

-4.46 %

-59.09 %

-79.34 %

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.

Market cap

1.45B SEK

Turnover

316.58K SEK

P/E (adj.) (25e)

51.35

EV/EBIT (adj.) (25e)

12.88

P/B (25e)

0.82

EV/S (25e)

0.33

Dividend yield-% (25e)

-

Coverage

Recommendation

Accumulate

Target price

9.90 SEK

Updated

2025-10-31

Christoffer Jennel

Analyst

Latest research

Latest analysis report

Released: 2025-10-31

Latest extensive report

Released: 2025-10-16

Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar

13/2

2026

Annual report '25

30/4

2026

Interim report Q1'26

12/5

2026

General meeting '26

Risk

Business risk

Valuation risk

Low

High

All

Research

Webcasts

Press releases

3rd party

ShowingAll content types

Eltel Q3´25: Fokus på marginalen

11:11

Video11/3/2025, 12:16 PM by

Jesper Hagman, Christoffer Jennel

Eltel Q3´25: Fokus på marginalen

Även om Eltels Q3-omsättning kom in något under vårt estimat, låg marginalerna i linje med våra förväntningar. I intervjun berättar analytiker Christoffer mer om hur han ser på resultatet, marginalutvecklingen och bakgrunden till vår rekommendation.

Third party research10/31/2025, 9:02 AM

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 Q3'25: The margin story remains intact

Research10/31/2025, 7:17 AM by

Christoffer Jennel

Eltel Q3'25: The margin story remains intact

We view the in-line Q3 margin, despite lower revenue, as a sign of higher resilience and further proof that Eltel’s operational and commercial efficiency measures are delivering results.

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Eltel Q3´25: Execution on strategy continues

16:47

Video10/30/2025, 11:54 AM 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, Webcast, Q3'25

Webcast10/30/2025, 9:00 AM

Eltel, Webcast, Q3'25

Regulatory press release10/30/2025, 7:00 AM

Eltelkoncernen: Delårsrapport januari–september 2025

Regulatory press release10/30/2025, 7:00 AM

Eltel Group: Interim report January–September 2025

Regulatory press release10/28/2025, 7:00 AM

Eltels valberedning inför årsstämma 2026

Regulatory press release10/28/2025, 7:00 AM

Eltel’s Nomination Committee composition for the AGM 2026

Eltel Q3'25 preview: Strong earnings growth expected

Analyst Comment10/27/2025, 6:53 AM by

Christoffer Jennel

Eltel Q3'25 preview: Strong earnings growth expected

We expect Sweden to continue showing good momentum in public infrastructure projects and solid growth in Finland’s Power segment.

Eltel extensive report: The turnaround story strengthens

Extensive research10/16/2025, 4:12 PM by

Christoffer Jennel

Eltel extensive report: The turnaround story strengthens

Eltel has continued its gradual turnaround journey, showing tangible profitability improvements while maintaining a strong position in core markets and expanding into new market segments

Press release10/16/2025, 7:00 AM

Inbjudan till presentation av Eltels delårsrapport för Q3 2025

Press release10/16/2025, 7:00 AM

Invitation to Eltel’s Q3 2025 report presentation

Regulatory press release10/15/2025, 11:15 AM

Eltel AB (publ) förtidsinlöser sina utestående efterställda hållbarhetslänkade hybridobligationer med ISIN SE0019914250

Regulatory press release10/15/2025, 11:15 AM

Eltel AB (publ) to redeem its outstanding subordinated sustainability-linked capital securities with ISIN SE0019914250

Analyst Comment9/25/2025, 4:30 AM by

Begynnande tecken på återhämtning inom Finlands landbaserade vindkraftsbyggande

Baserat på uppdateringen som publicerades av Suomen uusiutuvat i slutet av augusti, har några nya landbaserade vindkraftsprojekt startats i Finland under 2025, efter ett tyst fjolår.

Enersense International Eltel NYAB Dovre Group

Eltel signs a four-year frame agreement with Caruna in Finland

Analyst Comment9/15/2025, 12:32 PM by

Christoffer Jennel

Eltel signs a four-year frame agreement with Caruna in Finland

The signed frame agreement supports our estimates for the stability of the core business and does not have a direct impact on our forecasts or view on the company

Press release9/15/2025, 10:07 AM

Eltel och Caruna tecknar ett ramavtal värt cirka 81 miljoner euro

Press release9/15/2025, 10:07 AM

Eltel and Caruna sign a frame agreement worth approximately EUR 81 million

Press release9/12/2025, 11:00 AM

Eltel bygger nätanslutningar för DayOnes datacenter – avtalet värderat till 38 miljoner euro

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

Christoffer Jennel and Aapeli have provided their preliminary comments as Eltel publishes its Q2 report on Thursday. As the effects of last year’s divestment of the Polish business (divested in June 2024) diminish, we expect moderate revenue growth and an improved EBITA margin, supported...

7/22/2025, 7:23 AM

by Sijoittaja-alokas

2

@lucas.mattsson on kirjoitellut kommentit, kun Eltel on tehnyt uuden puitesopimuksen E.ON:n kanssa. Inderes Eltel on solminut uuden puitesopimuksen E.ON:in kanssa - Inderes Eltel on tiedottanutallekirjoittaneensa uuden puitesopimuksen E.ON:in kanssa liitäntä- ja mittauspalveluista...

7/1/2025, 6:57 AM

by Sijoittaja-alokas

2

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