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Elia Group Valuation Multiples
Discover revenue and EBITDA valuation multiples for Elia Group and similar public comparables like Kansai Electric Power, Power Assets Holdings, Towngas, EDP Renovaveis and more.
Elia Group Overview
About Elia Group
Elia Group SA/NV is a utility company that owns and develops electric grids in Central Europe. Elia maintains and operates high-voltage equipment and infrastructure projects, such as power lines, cables, and transformers. The company mainly generates revenue by serving as the electricity transmission system operator in both Germany and Belgium, where it provides electric grid usage. Elia's Belgian and German operations are responsible for nearly all of its revenue. These countries also house mainly of the company's infrastructure investments. The company's operating segments are 50Hertz Transmission Germany, which derives maximum revenue, Elia Transmission Belgium, and Non-regulated activities and Nemo Link.
Founded
2001
HQ

Employees
4.0K
Website
Sectors
Financials (LTM)
EV
$34B
Elia Group Financials
Elia Group reported last 12-month revenue of $6B and EBITDA of $2B.
In the same LTM period, Elia Group generated $5B in gross profit, $2B in EBITDA, and $704M in net income.
Revenue (LTM)
Elia Group P&L
In the most recent fiscal year, Elia Group reported revenue of $5B and EBITDA of $2B.
Elia Group expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $6B | XXX | $5B | XXX | XXX | XXX |
| Gross Profit | $5B | XXX | $3B | XXX | XXX | XXX |
| Gross Margin | 98% | XXX | 65% | XXX | XXX | XXX |
| EBITDA | $2B | XXX | $2B | XXX | XXX | XXX |
| EBITDA Margin | 42% | XXX | 42% | XXX | XXX | XXX |
| EBIT Margin | 25% | XXX | 24% | XXX | XXX | XXX |
| Net Profit | $704M | XXX | $690M | XXX | XXX | XXX |
| Net Margin | 13% | XXX | 13% | XXX | XXX | XXX |
| Net Debt | — | — | $16B | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Elia Group Stock Performance
Elia Group has current market cap of $18B, and enterprise value of $34B.
Market Cap Evolution
Elia Group's stock price is $161.42.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $34B | $18B | 0.0% | XXX | XXX | XXX | $6.32 |
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Start Free TrialElia Group Valuation Multiples
Elia Group trades at 6.2x EV/Revenue multiple, and 14.8x EV/EBITDA.
EV / Revenue (LTM)
Elia Group Financial Valuation Multiples
As of April 20, 2026, Elia Group has market cap of $18B and EV of $34B.
Equity research analysts estimate Elia Group's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Elia Group has a P/E ratio of 25.0x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $18B | XXX | $18B | XXX | XXX | XXX |
| EV (current) | $34B | XXX | $34B | XXX | XXX | XXX |
| EV/Revenue | 6.2x | XXX | 6.5x | XXX | XXX | XXX |
| EV/EBITDA | 14.8x | XXX | 15.8x | XXX | XXX | XXX |
| EV/EBIT | 24.7x | XXX | 27.8x | XXX | XXX | XXX |
| EV/Gross Profit | 6.3x | XXX | 10.0x | XXX | XXX | XXX |
| P/E | 25.0x | XXX | 25.5x | XXX | XXX | XXX |
| EV/FCF | (7.3x) | XXX | (9.9x) | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Elia Group Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Elia Group Margins & Growth Rates
Elia Group's revenue in the last 12 month grew by 32%.
Elia Group's revenue per employee in the last FY averaged $1.3M, while opex per employee averaged $0.5M for the same period.
Elia Group's rule of 40 is 73% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Elia Group's rule of X is 122% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Elia Group Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 32% | XXX | 33% | XXX | XXX | XXX |
| EBITDA Margin | 42% | XXX | 42% | XXX | XXX | XXX |
| EBITDA Growth | 30% | XXX | 30% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 73% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 122% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $1.3M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.5M | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 42% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Elia Group Public Comps
See public comps and valuation multiples for other Utilities comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Elia Group | XXX | XXX | XXX | XXX | XXX | XXX |
| Kansai Electric Power | XXX | XXX | XXX | XXX | XXX | XXX |
| Power Assets Holdings | XXX | XXX | XXX | XXX | XXX | XXX |
| Towngas | XXX | XXX | XXX | XXX | XXX | XXX |
| EDP Renovaveis | XXX | XXX | XXX | XXX | XXX | XXX |
| Brookfield Infrastructure Partners | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Elia Group M&A Activity
Elia Group acquired XXX companies to date.
Last acquisition by Elia Group was on XXXXXXXX, XXXXX. Elia Group acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Elia Group
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialElia Group Investment Activity
Elia Group invested in XXX companies to date.
Elia Group made its latest investment on XXXXXXXX, XXXXX. Elia Group invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Elia Group
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Elia Group
| When was Elia Group founded? | Elia Group was founded in 2001. |
| Where is Elia Group headquartered? | Elia Group is headquartered in Belgium. |
| How many employees does Elia Group have? | As of today, Elia Group has over 4K employees. |
| Is Elia Group publicly listed? | Yes, Elia Group is a public company listed on Euronext Brussels. |
| What is the stock symbol of Elia Group? | Elia Group trades under ELI ticker. |
| When did Elia Group go public? | Elia Group went public in 2005. |
| Who are competitors of Elia Group? | Elia Group main competitors are Kansai Electric Power, Power Assets Holdings, Towngas, EDP Renovaveis. |
| What is the current market cap of Elia Group? | Elia Group's current market cap is $18B. |
| What is the current revenue of Elia Group? | Elia Group's last 12 months revenue is $6B. |
| What is the current revenue growth of Elia Group? | Elia Group revenue growth (NTM/LTM) is 32%. |
| What is the current EV/Revenue multiple of Elia Group? | Current revenue multiple of Elia Group is 6.2x. |
| Is Elia Group profitable? | Yes, Elia Group is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Elia Group? | Elia Group's last 12 months EBITDA is $2B. |
| What is Elia Group's EBITDA margin? | Elia Group's last 12 months EBITDA margin is 42%. |
| What is the current EV/EBITDA multiple of Elia Group? | Current EBITDA multiple of Elia Group is 14.8x. |
| What is the current FCF of Elia Group? | Elia Group's last 12 months FCF is ($5B). |
| What is Elia Group's FCF margin? | Elia Group's last 12 months FCF margin is (85%). |
| What is the current EV/FCF multiple of Elia Group? | Current FCF multiple of Elia Group is (7.3x). |
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