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- Eltel
Eltel Valuation Multiples
Discover revenue and EBITDA valuation multiples for Eltel and similar public comparables like Intred, LICT, Den Networks, Tucows and more.
Eltel Overview
About Eltel
Eltel AB is a Sweden-based company that provides technical services for infrastructure networks. The company operates in two key business areas; Communication, and Power. In the Communication business which derives key revenue, it establishes networks and supports digitalization by providing design, installation, upgrades and services to mobile and fixed communication networks. In the Power business, it enables the transmission of renewable energy and electrification by providing maintenance and upgrades to power distribution and transmission, smart grids, and turnkey solutions in e-mobility, solar photovoltaic, wind energy and battery energy storage systems. The company reports its operations in four country segments: Finland, Sweden, Norway, and Denmark.
Founded
2007
HQ

Employees
4.2K
Website
Sectors
Financials (LTM)
EV
$333M
Eltel Financials
Eltel reported last 12-month revenue of $975M and EBITDA of $61M.
In the same LTM period, Eltel generated $126M in gross profit, $61M in EBITDA, and $5M in net income.
Revenue (LTM)
Eltel P&L
In the most recent fiscal year, Eltel reported revenue of $969M and EBITDA of $58M.
Eltel expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $975M | XXX | $969M | XXX | XXX | XXX |
| Gross Profit | $126M | XXX | $124M | XXX | XXX | XXX |
| Gross Margin | 13% | XXX | 13% | XXX | XXX | XXX |
| EBITDA | $61M | XXX | $58M | XXX | XXX | XXX |
| EBITDA Margin | 6% | XXX | 6% | XXX | XXX | XXX |
| EBIT Margin | 3% | XXX | 2% | XXX | XXX | XXX |
| Net Profit | $5M | XXX | $3M | XXX | XXX | XXX |
| Net Margin | 0% | XXX | 0% | XXX | XXX | XXX |
| Net Debt | — | — | $102M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Eltel Stock Performance
Eltel has current market cap of $165M, and enterprise value of $333M.
Market Cap Evolution
Eltel's stock price is $1.05.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $333M | $165M | 0.3% | XXX | XXX | XXX | $0.02 |
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Start Free TrialEltel Valuation Multiples
Eltel trades at 0.3x EV/Revenue multiple, and 5.4x EV/EBITDA.
EV / Revenue (LTM)
Eltel Financial Valuation Multiples
As of April 20, 2026, Eltel has market cap of $165M and EV of $333M.
Equity research analysts estimate Eltel's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Eltel has a P/E ratio of 34.0x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $165M | XXX | $165M | XXX | XXX | XXX |
| EV (current) | $333M | XXX | $333M | XXX | XXX | XXX |
| EV/Revenue | 0.3x | XXX | 0.3x | XXX | XXX | XXX |
| EV/EBITDA | 5.4x | XXX | 5.7x | XXX | XXX | XXX |
| EV/EBIT | 13.0x | XXX | 14.6x | XXX | XXX | XXX |
| EV/Gross Profit | 2.7x | XXX | 2.7x | XXX | XXX | XXX |
| P/E | 34.0x | XXX | 63.6x | XXX | XXX | XXX |
| EV/FCF | 9.8x | XXX | 10.4x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Eltel 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.


Eltel Margins & Growth Rates
Eltel's revenue in the last 12 month grew by 2%.
Eltel's revenue per employee in the last FY averaged $0.2M, while opex per employee averaged $0.0M for the same period.
Eltel's rule of 40 is 9% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Eltel's rule of X is 13% (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).
Eltel Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 2% | XXX | 2% | XXX | XXX | XXX |
| EBITDA Margin | 6% | XXX | 6% | XXX | XXX | XXX |
| EBITDA Growth | 14% | XXX | 17% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 9% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 13% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.2M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.0M | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 9% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 11% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Eltel Public Comps
See public comps and valuation multiples for other Telecom Service Providers comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Eltel | XXX | XXX | XXX | XXX | XXX | XXX |
| Intred | XXX | XXX | XXX | XXX | XXX | XXX |
| LICT | XXX | XXX | XXX | XXX | XXX | XXX |
| Den Networks | XXX | XXX | XXX | XXX | XXX | XXX |
| Tucows | XXX | XXX | XXX | XXX | XXX | XXX |
| Asian Pay Television | 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.
Eltel M&A Activity
Eltel acquired XXX companies to date.
Last acquisition by Eltel was on XXXXXXXX, XXXXX. Eltel acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Eltel
| 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 |
Get Verified M&A Valuation Multiples
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Start Free TrialEltel Investment Activity
Eltel invested in XXX companies to date.
Eltel made its latest investment on XXXXXXXX, XXXXX. Eltel invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Eltel
| 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 Eltel
| When was Eltel founded? | Eltel was founded in 2007. |
| Where is Eltel headquartered? | Eltel is headquartered in Sweden. |
| How many employees does Eltel have? | As of today, Eltel has over 4K employees. |
| Who is the CEO of Eltel? | Eltel's CEO is Hakan Dahlstrom. |
| Is Eltel publicly listed? | Yes, Eltel is a public company listed on Nasdaq Stockholm. |
| What is the stock symbol of Eltel? | Eltel trades under ELTEL ticker. |
| When did Eltel go public? | Eltel went public in 2015. |
| Who are competitors of Eltel? | Eltel main competitors are Intred, LICT, Den Networks, Tucows. |
| What is the current market cap of Eltel? | Eltel's current market cap is $165M. |
| What is the current revenue of Eltel? | Eltel's last 12 months revenue is $975M. |
| What is the current revenue growth of Eltel? | Eltel revenue growth (NTM/LTM) is 2%. |
| What is the current EV/Revenue multiple of Eltel? | Current revenue multiple of Eltel is 0.3x. |
| Is Eltel profitable? | Yes, Eltel is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Eltel? | Eltel's last 12 months EBITDA is $61M. |
| What is Eltel's EBITDA margin? | Eltel's last 12 months EBITDA margin is 6%. |
| What is the current EV/EBITDA multiple of Eltel? | Current EBITDA multiple of Eltel is 5.4x. |
| What is the current FCF of Eltel? | Eltel's last 12 months FCF is $34M. |
| What is Eltel's FCF margin? | Eltel's last 12 months FCF margin is 3%. |
| What is the current EV/FCF multiple of Eltel? | Current FCF multiple of Eltel is 9.8x. |
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