Elisa Oyj — Cyborg Score 7/10

Strong
Telecommunications and Digital Services

Strategic Profile

The company operates through two segments, Consumer Customers and Corporate Customers. Mobile telephone service accounts for 59.4% of revenues, with fixed telecommunication comprising 40.6%. Elisa Oyj is a Finnish telecom and digital services company with operations in mobile, fixed broadband, corporate IT and cyber services, and international software services.

Cyborg Score Rationale

Elisa Oyj Class A dividend yield was 5.62% in 2024, with a strong payout ratio of 105.24%. In 2024, Elisa's revenue was 2.19 billion EUR, an increase of 0.50% compared to the previous year. The company benefits from market leadership and diversification beyond traditional telecom into digital services and energy solutions.

Top Insights

  • Elisa has an EBITDA margin of 34.90%, demonstrating strong operational efficiency.
  • Finland accounts for 83.7% of net sales, with Europe at 14.2%, indicating geographic concentration risk.
  • The company has expanded into high-growth areas including Elisa Polystar for network automation, Elisa IndustrIQ for AI-based factory solutions, and Elisa Kotiakku for home energy storage.
  • As of September 2025, the company employs 6,150 people.

Named Competitors

  • Telia Company — Nordic regional telecom competitor
  • Tele2 — Nordic telecom and digital services provider
  • Telenor Finland — Regional mobile and fixed-line operator

Recent Developments

  • (October 2025) Q3 2025 earnings report with revenue growth continuing trend; slight EPS miss reported
  • (July 2025) Q2 2025 reported 2% revenue increase to €552 million
  • (October 2024) Strong Q4 2024 revenue growth of 2.9%, marking best quarterly performance

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