Eltel AB (SE:ELTEL)
:ELTEL
Want to see SE:ELTEL full AI Analyst Report?
Top Page
Eltel AB
(ELTEL)
Select Model
Select Model
Rating:57Neutral
Price Target:
kr11.00
▲(19.31% Upside)
Action:ReiteratedDate:05/05/26
Overall score is held back primarily by still-weak financial quality (thin profitability and higher leverage despite a 2025 turnaround). Offsetting this, technical momentum is positive with price above major moving averages and supportive MACD/RSI. Valuation is a notable headwind due to the high P/E and lack of dividend yield data.
Positive Factors
Consistent cash generation
Persistently positive operating and free cash flow, including ~24m in 2025, provides a durable internal funding source for working capital and investments. Over the next several months this reduces reliance on external capital and cushions the business against project timing swings and short-term volatility.
Negative Factors
Very thin net margins
A net margin of roughly 0.3% offers almost no buffer for cost overruns, project delays or adverse pricing. For a field-services business with execution risk and fixed costs, such thin profitability materially increases the chance that modest adverse events will erode earnings and cash flow within months.
Read all positive and negative factors
Positive Factors
Negative Factors
Consistent cash generation
Persistently positive operating and free cash flow, including ~24m in 2025, provides a durable internal funding source for working capital and investments. Over the next several months this reduces reliance on external capital and cushions the business against project timing swings and short-term volatility.
Read all positive factors
Eltel AB (ELTEL) vs. iShares MSCI Sweden ETF (EWD)
Market Cap
kr1.69B
Dividend YieldN/A
Average Volume (3M)49.14K
Price to Earnings (P/E)9.6
Beta (1Y)0.33
Revenue Growth-2.32%
EPS GrowthN/A
CountrySE
Employees3,956
SectorCommunication Services
Sector Strength97
IndustryEngineering & Construction
Share Statistics
EPS (TTM)<0.01
Shares Outstanding156,736,790
10 Day Avg. Volume37,496
30 Day Avg. Volume49,144
Financial Highlights & Ratios
PEG Ratio-0.58
Price to Book (P/B)0.83
Price to Sales (P/S)0.16
P/FCF Ratio5.50
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.06
Revenue Forecast (FY)kr855.70M
Eltel AB Business Overview & Revenue Model
Company Description
Eltel AB (ELTEL) is a leading Nordic provider of technical services for the telecommunications and energy sectors. With a focus on network services, Eltel specializes in the installation, maintenance, and operation of critical infrastructure, incl...
How the Company Makes Money
Eltel makes money by selling contracted technical services to customers that own or operate critical infrastructure (primarily telecom operators and power utilities). Revenue is mainly generated through (1) project-based work—turnkey or multi-phas...
Eltel AB Financial Statement Overview
Summary
Income Statement
46
Neutral
Balance Sheet
44
Neutral
Cash Flow
63
Positive
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 833.13M | 828.70M | 850.10M | 823.60M | 812.60M |
| Gross Profit | 107.07M | 91.90M | 75.60M | 74.70M | 88.10M |
| EBITDA | 50.22M | 13.70M | 24.80M | 25.90M | 45.40M |
| Net Income | 2.24M | -29.70M | -7.90M | -14.90M | 4.30M |
Balance Sheet | |||||
| Total Assets | 653.22M | 585.40M | 624.30M | 621.70M | 630.80M |
| Cash, Cash Equivalents and Short-Term Investments | 43.65M | 21.30M | 24.70M | 47.90M | 32.30M |
| Total Debt | 218.64M | 135.00M | 124.90M | 172.90M | 154.10M |
| Total Liabilities | 484.91M | 396.10M | 400.60M | 410.20M | 402.90M |
| Stockholders Equity | 159.94M | 181.30M | 216.10M | 204.10M | 220.20M |
Cash Flow | |||||
| Free Cash Flow | 24.04M | 25.10M | 29.60M | 12.30M | 17.90M |
| Operating Cash Flow | 29.24M | 27.50M | 34.00M | 16.40M | 22.30M |
| Investing Cash Flow | -5.09M | -6.60M | -4.30M | -3.90M | -2.90M |
| Financing Cash Flow | -1.22M | -24.00M | -52.30M | 3.10M | -13.70M |
Eltel AB Technical Analysis
Positive
9.22
Price Trends
8.81
Positive
8.93
Positive
9.24
Positive
Market Momentum
0.19
Negative
71.37
Negative
93.59
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:ELTEL, the sentiment is Positive. The current price of 9.22 is above the 20-day moving average (MA) of 8.63, above the 50-day MA of 8.81, and below the 200-day MA of 9.24, indicating a bullish trend. The MACD of 0.19 indicates Negative momentum. The RSI at 71.37 is Negative, neither overbought nor oversold. The STOCH value of 93.59 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:ELTEL.
Eltel AB Peers Comparison
UnderperformOutperform
Sector (60)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | kr2.24B | 12.12 | ― | 1.24% | 12.12% | 103.57% | |
68 Neutral | kr10.39B | 28.65 | 11.66% | 2.67% | 0.30% | 28.26% | |
60 Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% | |
57 Neutral | kr1.69B | 9.64 | 0.72% | ― | -2.32% | ― | |
56 Neutral | kr4.21B | -3.21 | -3.72% | ― | -21.25% | -1647.05% | |
46 Neutral | kr1.87B | -2.51 | ― | ― | 10.55% | -3187.01% | |
43 Neutral | kr302.94M | -0.83 | -73.61% | ― | -19.39% | -116.06% |
* Communication Services Sector Average
SE:ELTEL
Eltel AB
10.80
2.36
27.96%
SE:INSTAL
Instalco AB
38.66
11.53
42.50%
SE:VESTUM
Vestum AB
11.20
0.38
3.51%
SE:WBGR.B
Wastbygg Gruppen AB Class B
1.49
-3.05
-67.23%
SE:FG
Fasadgruppen Group AB
21.40
-0.22
-1.02%
SE:BYGGP
ByggPartner Gruppen AB
49.40
29.53
148.63%
Eltel AB Corporate Events
Eltel Issues and Buys Back Class C Shares to Fund Long-Term Incentive Programs
May 4, 2026
Eltel AB’s board has resolved to issue and immediately re-purchase 5,090,500 class C shares under mandates from the 2025 AGM to support long-term incentive programs LTIP 2024 and LTIP 2025. Nordea Bank’s Swedish branch will subscribe f...
Eltel posts strongest Q1 in a decade as Nordic energy and data projects drive growth
Apr 30, 2026
Eltel reported its strongest first-quarter results in a decade, with net sales rising 12.8% year-on-year to EUR 191.3 million and adjusted EBITA more than tripling to EUR 3.1 million, even though margins remain relatively low. Growth was driven pr...
Eltel secures EUR 60 million long-term network deal with Elisa
Apr 29, 2026
Eltel has signed a new framework agreement with Elisa, Finland’s leading telecommunications and digital services operator, securing work on mobile and fixed network services in selected regions through 2029. The deal, valued at about EUR 60 ...
Eltel schedules webcast for Q1 2026 results presentation
Apr 16, 2026
Eltel AB, a key Nordic infrastructure services company specializing in communication and power networks and renewable energy solutions, operates across the Nordics, Germany and Lithuania from its Swedish headquarters and is listed on Nasdaq Stockh...
Eltel sets May date and detailed procedures for 2026 AGM
Apr 9, 2026
Eltel AB has called its 2026 Annual General Meeting for 12 May in central Stockholm, giving shareholders the choice of attending in person or exercising their voting rights remotely. The notice details registration deadlines, participation rules a...
Eltel Wins Key Grid Contract for Hyperco’s New Finnish Data Center
Apr 2, 2026
Eltel AB, a leading Nordic provider of services for critical communication and power infrastructure and renewable energy, operates across the Nordics, Germany and Lithuania with about 4,000 employees and reported EUR 817.8 million in net sales in ...
Eltel Highlights Role in Sustainable, Resilient Network Infrastructure
Mar 26, 2026
Eltel AB’s 2025 annual report emphasizes its role in keeping societies “always connected, always powered” by delivering engineering and field services for fundamental communication and power networks. The company highlights its s...
Eltel lifts margins and order book as new energy and data centre business gains momentum
Feb 13, 2026
Eltel reported a strong fourth quarter for 2025, with net sales up 5.7% to EUR 239 million and gross margin improving to 13.7%, as adjusted EBITA rose to EUR 8.3 million and cash flow from operations strengthened. For the full year, net sales dipp...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.