Elia Group SA/NV/€ELI
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Elia Group SA/NV
Elia Group SA/NV is a transmission system operator headquartered in Brussels, Belgium, responsible for managing high-voltage electricity transmission networks in Belgium and Germany. The company operates through subsidiaries such as Elia Transmission Belgium and 50Hertz Transmission in Germany, overseeing infrastructure that includes power lines, cables, and transformers. Founded in 2001, Elia Group employs approximately 3,450 individuals. The company's strategic positioning as a cross-border transmission operator facilitates electricity trade between northern and southern Europe, enhancing grid reliability and market integration. (,)
- Ticker
- €ELI
- Sector
- Utilities
- Primary listing
- BSE
- Employees
- 4,572
- Headquarters
- Brussels, Belgium
- Website
- www.eliagroup.eu
Elia Group SA/NV Metrics
BasicAdvanced
€14B
21.51
€5.82
0.78
€1.44
1.15%
Price and volume
Market cap
€14B
Beta
0.78
52-week high
€143.00
52-week low
€99.20
Average daily volume
101K
Dividend rate
€1.44
Financial strength
Current ratio
1.191
Quick ratio
1.068
Long term debt to equity
1.686
Total debt to equity
1.755
Dividend payout ratio (TTM)
40.88%
Interest coverage (TTM)
7.08%
Profitability
EBITDA (TTM)
2,630.7
Gross margin (TTM)
61.30%
Net profit margin (TTM)
13.89%
Operating margin (TTM)
40.27%
Effective tax rate (TTM)
20.08%
Revenue per employee (TTM)
€1,060,000
Management effectiveness
Return on assets (TTM)
3.93%
Return on equity (TTM)
8.39%
Valuation
Price to earnings (TTM)
21.515
Price to revenue (TTM)
2.827
Price to book
1.74
Price to tangible book (TTM)
2.99
Price to free cash flow (TTM)
-3.685
Free cash flow yield (TTM)
-27.14%
Free cash flow per share (TTM)
-33.989
Dividend yield (TTM)
1.15%
Forward dividend yield
1.15%
Growth
Revenue change (TTM)
16.39%
Earnings per share change (TTM)
-6.99%
3-year revenue growth (CAGR)
5.70%
10-year revenue growth (CAGR)
20.14%
3-year earnings per share growth (CAGR)
7.30%
10-year earnings per share growth (CAGR)
5.73%
3-year dividend per share growth (CAGR)
2.39%
What the Analysts think about Elia Group SA/NV
Analyst ratings (Buy, Hold, Sell) for Elia Group SA/NV stock.
Analyst projections of the future price of Elia Group SA/NV stock.
Bulls say / Bears say
First-half adjusted profit rose 26% to about €411 million, while Elia reaffirmed 2026 net profit guidance of €690 million to €740 million. Growth came from a larger regulated asset base and higher remuneration in both Belgium and Germany. (RTTNews, Ideal Investisseur)
Elia has a large investment runway, with about €6.8 billion of planned spending in Belgium and Germany and progress on major grid projects. Belgium’s new 2028–2031 tariff framework is described as stable, with incentives expected to add roughly two percentage points to return on equity. (Elia Group, StockAnalysis)
The group is expanding beyond its core networks through selective partnerships rather than funding projects alone. Its 25% look-through stake in the 1.4 GW Tarchon Germany–UK interconnector gives Elia exposure to cross-border power flows while CPP Investments supplies most of the capital. (Elia Group, Ideal Investisseur)
The growth plan is capital-intensive and is increasing financial risk. First-half investment reached about €1.9 billion, net debt rose to roughly €14.6 billion, and Elia needed a €900 million hybrid bond to support its funding programme. (StockAnalysis, Ideal Investisseur)
Germany’s future economics are not settled: key parameters, including return on equity and the cost of debt, are expected to be finalised only during 2027. A less generous framework could reduce the earnings value of the group’s very large German investment pipeline. (Investing.com, StockAnalysis)
The scale of planned grid spending is creating political and affordability risk in Belgium. The regulator CREG has warned that transmission-related grid tariffs could rise by 50%–60% in 2028–2031 and has urged approval to focus on mature projects, raising the risk of delays, tighter scrutiny or cost controls. (Newmobility.news, Elia Group)
Data summarised monthly by Lightyear AI. Last updated on 29 Sept 2026.
Elia Group SA/NV Financial Performance
Revenues and expenses
Elia Group SA/NV Earnings Performance
Company profitability
Upcoming events
No upcoming events
Funds containing Elia Group SA/NV
AllEURUSDGBP
Fund name | Fund size | €ELI weighting |
|---|---|---|
iShares STOXX Europe 600 Utilities€EXH9 | €800M | 0.99% |
iShares EURO STOXX Mid€DJMC | €595M | 0.78% |
iShares EURO STOXX Mid Cap£DJMC | €595M | 0.78% |
iShares STOXX Europe Mid 200€EXSD | €610M | 0.38% |
Xtrackers MSCI World Utilities£XWUS | $959M | 0.28% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.