E

Elmera Group ASA
OSE:ELMRA

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Elmera Group ASA
OSE:ELMRA
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Price: 36.5 NOK Market Closed
Market Cap: 4.2B NOK

Relative Value

The Relative Value of one ELMRA stock under the Base Case scenario is 73.07 NOK. Compared to the current market price of 36.5 NOK, Elmera Group ASA is Undervalued by 50%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

ELMRA Relative Value
Base Case
73.07 NOK
Undervaluation 50%
Relative Value
Price
E
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
42
vs Industry
89
Median 3Y
0.1
Median 5Y
0.2
Industry
1.7
Forward
0.3
vs History
80
vs Industry
29
Median 3Y
12.9
Median 5Y
14.3
Industry
14.9
Forward
10.5
vs History
vs Industry
48
Median 3Y
3.2
Median 5Y
6
Industry
7
vs History
vs Industry
23
Median 3Y
3.5
Median 5Y
5.4
Industry
13.8
vs History
58
vs Industry
19
Median 3Y
1.9
Median 5Y
2.4
Industry
1.4
vs History
41
vs Industry
89
Median 3Y
0.2
Median 5Y
0.3
Industry
2.7
Forward
0.4
vs History
57
vs Industry
76
Median 3Y
2.3
Median 5Y
2.5
Industry
7.3
vs History
50
vs Industry
49
Median 3Y
7.3
Median 5Y
7.2
Industry
10.3
Forward
5.6
vs History
49
vs Industry
45
Median 3Y
10.4
Median 5Y
10.3
Industry
14.5
Forward
8.4
vs History
vs Industry
56
Median 3Y
3.8
Median 5Y
6.5
Industry
11
vs History
vs Industry
39
Median 3Y
4
Median 5Y
6.9
Industry
16.6
vs History
44
vs Industry
37
Median 3Y
0.7
Median 5Y
1
Industry
0.9

Multiples Across Competitors

ELMRA Competitors Multiples
Elmera Group ASA Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
NO
Elmera Group ASA
OSE:ELMRA
4B NOK 0.3 11.3 8 11.4
US
Nextera Energy Inc
NYSE:NEE
144.1B USD 5.8 20.8 16.8 30.4
ES
Iberdrola SA
MAD:IBE
92.2B EUR 2 13.9 7.2 10.9
US
Southern Co
NYSE:SO
97.7B USD 3.7 22.2 12.7 22.2
US
Duke Energy Corp
NYSE:DUK
91.7B USD 3 20.8 11.9 21.6
IT
Enel SpA
MIL:ENEL
73.2B EUR 1 10.4 5.7 8.4
US
Constellation Energy Corp
NASDAQ:CEG
71.6B USD 3 19.1 10.9 17.7
US
American Electric Power Company Inc
NASDAQ:AEP
55.5B USD 2.8 18.7 12.4 21.8
FR
Electricite de France SA
PAR:EDF
46.6B EUR 0.3 -2.5 -5.4 -3.2
US
Exelon Corp
NASDAQ:EXC
43.8B USD 1.9 17.8 11.2 20.6
DK
Oersted A/S
SWB:D2G
37.7B EUR 4 -305.1 24 24
P/E Multiple
Earnings Growth PEG
NO
E
Elmera Group ASA
OSE:ELMRA
Average P/E: 17.2
11.3
6%
1.9
US
Nextera Energy Inc
NYSE:NEE
20.8
9%
2.3
ES
Iberdrola SA
MAD:IBE
13.9
8%
1.7
US
Southern Co
NYSE:SO
22.2
8%
2.8
US
Duke Energy Corp
NYSE:DUK
20.8
9%
2.3
IT
Enel SpA
MIL:ENEL
10.4
1%
10.4
US
Constellation Energy Corp
NASDAQ:CEG
19.1
0%
N/A
US
American Electric Power Company Inc
NASDAQ:AEP
18.7
7%
2.7
FR
Electricite de France SA
PAR:EDF
Negative Multiple: -2.5 N/A N/A
US
Exelon Corp
NASDAQ:EXC
17.8
7%
2.5
DK
O
Oersted A/S
SWB:D2G
Negative Multiple: -305.1 N/A N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
NO
E
Elmera Group ASA
OSE:ELMRA
Average EV/EBITDA: 12.1
8
14%
0.6
US
Nextera Energy Inc
NYSE:NEE
16.8
19%
0.9
ES
Iberdrola SA
MAD:IBE
7.2
6%
1.2
US
Southern Co
NYSE:SO
12.7
7%
1.8
US
Duke Energy Corp
NYSE:DUK
11.9
7%
1.7
IT
Enel SpA
MIL:ENEL
5.7
3%
1.9
US
Constellation Energy Corp
NASDAQ:CEG
10.9
-5%
N/A
US
American Electric Power Company Inc
NASDAQ:AEP
12.4
11%
1.1
FR
Electricite de France SA
PAR:EDF
Negative Multiple: -5.4 N/A N/A
US
Exelon Corp
NASDAQ:EXC
11.2
10%
1.1
DK
O
Oersted A/S
SWB:D2G
24
36%
0.7
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
NO
E
Elmera Group ASA
OSE:ELMRA
Average EV/EBIT: 18.9
11.4
14%
0.8
US
Nextera Energy Inc
NYSE:NEE
30.4
24%
1.3
ES
Iberdrola SA
MAD:IBE
10.9
7%
1.6
US
Southern Co
NYSE:SO
22.2
6%
3.7
US
Duke Energy Corp
NYSE:DUK
21.6
8%
2.7
IT
Enel SpA
MIL:ENEL
8.4
2%
4.2
US
Constellation Energy Corp
NASDAQ:CEG
17.7
2%
8.9
US
American Electric Power Company Inc
NASDAQ:AEP
21.8
13%
1.7
FR
Electricite de France SA
PAR:EDF
Negative Multiple: -3.2 N/A N/A
US
Exelon Corp
NASDAQ:EXC
20.6
9%
2.3
DK
O
Oersted A/S
SWB:D2G
24
15%
1.6