ELIA GROUP SA/NV (ELI.BR) Stock Fundamental Analysis
Europe • Euronext Brussels • EBR:ELI • BE0003822393
123.5 EUR
+1.2 (+0.98%)
Last: Feb 3, 2026, 07:00 PM
Overall ELI gets a fundamental rating of 4 out of 10. We evaluated ELI against 30 industry peers in the Electric Utilities industry. There are concerns on the financial health of ELI while its profitability can be described as average. ELI is valued quite expensively, but it does show have an excellent growth rating.
1. Profitability
1.1 Basic Checks
- In the past year ELI was profitable.
- In the past year ELI had a positive cash flow from operations.
- ELI had positive earnings in each of the past 5 years.
- In multiple years ELI reported negative operating cash flow during the last 5 years.
1.2 Ratios
- The Return On Assets of ELI (1.76%) is worse than 86.67% of its industry peers.
- The Return On Equity of ELI (6.51%) is worse than 83.33% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 3.06%, ELI is doing worse than 76.67% of the companies in the same industry.
- The Average Return On Invested Capital over the past 3 years for ELI is below the industry average of 6.56%.
- The last Return On Invested Capital (3.06%) for ELI is above the 3 year average (2.94%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.76% | ||
| ROE | 6.51% | ||
| ROIC | 3.06% |
ROA(3y)1.67%
ROA(5y)1.64%
ROE(3y)6.79%
ROE(5y)6.49%
ROIC(3y)2.94%
ROIC(5y)2.96%
1.3 Margins
- ELI has a Profit Margin of 12.26%. This is in the better half of the industry: ELI outperforms 63.33% of its industry peers.
- In the last couple of years the Profit Margin of ELI has remained more or less at the same level.
- With a decent Operating Margin value of 25.74%, ELI is doing good in the industry, outperforming 76.67% of the companies in the same industry.
- ELI's Operating Margin has been stable in the last couple of years.
- The Gross Margin of ELI (58.00%) is better than 63.33% of its industry peers.
- In the last couple of years the Gross Margin of ELI has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 25.74% | ||
| PM (TTM) | 12.26% | ||
| GM | 58% |
OM growth 3Y6.02%
OM growth 5Y-1.05%
PM growth 3Y1.12%
PM growth 5Y-0.28%
GM growth 3Y4.99%
GM growth 5Y-1.62%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ELI is destroying value.
- Compared to 1 year ago, ELI has about the same amount of shares outstanding.
- The number of shares outstanding for ELI has been increased compared to 5 years ago.
- ELI has a worse debt/assets ratio than last year.
2.2 Solvency
- ELI has an Altman-Z score of 0.86. This is a bad value and indicates that ELI is not financially healthy and even has some risk of bankruptcy.
- ELI has a Altman-Z score of 0.86. This is in the lower half of the industry: ELI underperforms 76.67% of its industry peers.
- A Debt/Equity ratio of 1.96 is on the high side and indicates that ELI has dependencies on debt financing.
- The Debt to Equity ratio of ELI (1.96) is worse than 90.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.96 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.86 |
ROIC/WACC0.63
WACC4.82%
2.3 Liquidity
- ELI has a Current Ratio of 1.51. This is a normal value and indicates that ELI is financially healthy and should not expect problems in meeting its short term obligations.
- ELI's Current ratio of 1.51 is amongst the best of the industry. ELI outperforms 83.33% of its industry peers.
- A Quick Ratio of 1.43 indicates that ELI should not have too much problems paying its short term obligations.
- With an excellent Quick ratio value of 1.43, ELI belongs to the best of the industry, outperforming 86.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.51 | ||
| Quick Ratio | 1.43 |
3. Growth
3.1 Past
- ELI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 39.24%, which is quite impressive.
- Measured over the past 5 years, ELI shows a small growth in Earnings Per Share. The EPS has been growing by 6.91% on average per year.
- Looking at the last year, ELI shows a quite strong growth in Revenue. The Revenue has grown by 17.50% in the last year.
- Measured over the past years, ELI shows a quite strong growth in Revenue. The Revenue has been growing by 10.93% on average per year.
EPS 1Y (TTM)39.24%
EPS 3Y10.74%
EPS 5Y6.91%
EPS Q2Q%23.94%
Revenue 1Y (TTM)17.5%
Revenue growth 3Y13.87%
Revenue growth 5Y10.93%
Sales Q2Q%9.34%
3.2 Future
- ELI is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 15.37% yearly.
- ELI is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 15.97% yearly.
EPS Next Y5.48%
EPS Next 2Y10%
EPS Next 3Y11.72%
EPS Next 5Y15.37%
Revenue Next Year17.48%
Revenue Next 2Y19.1%
Revenue Next 3Y19.49%
Revenue Next 5Y15.97%
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 20.05, ELI is valued on the expensive side.
- ELI's Price/Earnings is on the same level as the industry average.
- The average S&P500 Price/Earnings ratio is at 28.18. ELI is valued slightly cheaper when compared to this.
- With a Price/Forward Earnings ratio of 20.74, ELI is valued on the expensive side.
- Based on the Price/Forward Earnings ratio, ELI is valued a bit more expensive than the industry average as 70.00% of the companies are valued more cheaply.
- ELI is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 25.51, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.05 | ||
| Fwd PE | 20.74 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, ELI is valued a bit more expensive than 73.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 14.19 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)3.66
PEG (5Y)2.9
EPS Next 2Y10%
EPS Next 3Y11.72%
5. Dividend
5.1 Amount
- ELI has a Yearly Dividend Yield of 1.15%. Purely for dividend investing, there may be better candidates out there.
- With a Dividend Yield of 1.15, ELI pays less dividend than the industry average, which is at 3.12. 83.33% of the companies listed in the same industry pay a better dividend than ELI!
- Compared to the average S&P500 Dividend Yield of 1.83, ELI is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.15% |
5.2 History
- The dividend of ELI has a limited annual growth rate of 4.05%.
Dividend Growth(5Y)4.05%
Div Incr Years6
Div Non Decr Years6
5.3 Sustainability
- ELI pays out 25.37% of its income as dividend. This is a sustainable payout ratio.
- The dividend of ELI is growing, but earnings are growing more, so the dividend growth is sustainable.
DP25.37%
EPS Next 2Y10%
EPS Next 3Y11.72%
EBR:ELI (2/3/2026, 7:00:00 PM)
123.5
+1.2 (+0.98%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)11-28 2025-11-28
Earnings (Next)03-05 2026-03-05
Inst Owners22.27%
Inst Owner ChangeN/A
Ins Owners0.01%
Ins Owner ChangeN/A
Market Cap13.47B
Revenue(TTM)4.15B
Net Income(TTM)509.30M
Analysts82.22
Price Target120.65 (-2.31%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.15% |
Yearly Dividend1.89
Dividend Growth(5Y)4.05%
DP25.37%
Div Incr Years6
Div Non Decr Years6
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0.3%
PT rev (3m)3.82%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0.08%
EPS NY rev (3m)0.8%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.25%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.05 | ||
| Fwd PE | 20.74 | ||
| P/S | 3.24 | ||
| P/FCF | N/A | ||
| P/OCF | 10.17 | ||
| P/B | 1.72 | ||
| P/tB | 2.81 | ||
| EV/EBITDA | 14.19 |
EPS(TTM)6.16
EY4.99%
EPS(NY)5.95
Fwd EY4.82%
FCF(TTM)-29.26
FCFYN/A
OCF(TTM)12.14
OCFY9.83%
SpS38.07
BVpS71.74
TBVpS44.01
PEG (NY)3.66
PEG (5Y)2.9
Graham Number99.72
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.76% | ||
| ROE | 6.51% | ||
| ROCE | 4.33% | ||
| ROIC | 3.06% | ||
| ROICexc | 3.83% | ||
| ROICexgc | 4.53% | ||
| OM | 25.74% | ||
| PM (TTM) | 12.26% | ||
| GM | 58% | ||
| FCFM | N/A |
ROA(3y)1.67%
ROA(5y)1.64%
ROE(3y)6.79%
ROE(5y)6.49%
ROIC(3y)2.94%
ROIC(5y)2.96%
ROICexc(3y)3.56%
ROICexc(5y)3.54%
ROICexgc(3y)4.52%
ROICexgc(5y)4.55%
ROCE(3y)4.17%
ROCE(5y)4.19%
ROICexgc growth 3Y-6.4%
ROICexgc growth 5Y-9.25%
ROICexc growth 3Y-2.45%
ROICexc growth 5Y-6.12%
OM growth 3Y6.02%
OM growth 5Y-1.05%
PM growth 3Y1.12%
PM growth 5Y-0.28%
GM growth 3Y4.99%
GM growth 5Y-1.62%
F-Score6
Asset Turnover0.14
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.96 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 8.88 | ||
| Cap/Depr | 683.43% | ||
| Cap/Sales | 108.74% | ||
| Interest Coverage | 3.18 | ||
| Cash Conversion | 76.55% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.51 | ||
| Quick Ratio | 1.43 | ||
| Altman-Z | 0.86 |
F-Score6
WACC4.82%
ROIC/WACC0.63
Cap/Depr(3y)492.24%
Cap/Depr(5y)397.61%
Cap/Sales(3y)75.93%
Cap/Sales(5y)64.92%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)39.24%
EPS 3Y10.74%
EPS 5Y6.91%
EPS Q2Q%23.94%
EPS Next Y5.48%
EPS Next 2Y10%
EPS Next 3Y11.72%
EPS Next 5Y15.37%
Revenue 1Y (TTM)17.5%
Revenue growth 3Y13.87%
Revenue growth 5Y10.93%
Sales Q2Q%9.34%
Revenue Next Year17.48%
Revenue Next 2Y19.1%
Revenue Next 3Y19.49%
Revenue Next 5Y15.97%
EBIT growth 1Y56.7%
EBIT growth 3Y20.72%
EBIT growth 5Y9.77%
EBIT Next Year128.39%
EBIT Next 3Y51.49%
EBIT Next 5Y36.74%
FCF growth 1Y-84.69%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y2506.3%
OCF growth 3Y-37.96%
OCF growth 5Y67.65%
ELIA GROUP SA/NV / ELI.BR FAQ
Can you provide the ChartMill fundamental rating for ELIA GROUP SA/NV?
ChartMill assigns a fundamental rating of 4 / 10 to ELI.BR.
What is the valuation status of ELIA GROUP SA/NV (ELI.BR) stock?
ChartMill assigns a valuation rating of 1 / 10 to ELIA GROUP SA/NV (ELI.BR). This can be considered as Overvalued.
What is the profitability of ELI stock?
ELIA GROUP SA/NV (ELI.BR) has a profitability rating of 4 / 10.
What are the PE and PB ratios of ELIA GROUP SA/NV (ELI.BR) stock?
The Price/Earnings (PE) ratio for ELIA GROUP SA/NV (ELI.BR) is 20.05 and the Price/Book (PB) ratio is 1.72.
Can you provide the dividend sustainability for ELI stock?
The dividend rating of ELIA GROUP SA/NV (ELI.BR) is 4 / 10 and the dividend payout ratio is 25.37%.