Risk factor
Very vulnerable to price shocks
Profitability factor
Solid dividends
About
Elmera Group ASA, operating with its various subsidiaries, specializes in the acquisition, distribution, and strategic management of electricity portfolios. Its primary clientele includes private households, commercial enterprises (both public and private sector), and local government bodies across Norway. The group organizes its operations across three primary segments: Consumer, Business, and Nordic. Beyond Norway, the company extends its electricity supply and associated services to individual and corporate customers in Finland and Sweden. Furthermore, Elmera Group diversifies its offerings by producing and retailing electric vehicle charging units and photovoltaic solar panels, alongside providing payment processing services. Its activities also encompass the development, research, and oversight of various power-related products and services, as well as offering mobile telecommunications services to its private customer base. Established in 2001, the company, originally known as Fjordkraft Holding ASA until its rebranding in April 2022, maintains its corporate headquarters in Bergen, Norway.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. In particular, the stock is reasonably priced on P/E, of fair value on E
Target Price
The average target price of ELMRA.OL is 39.3 and suggests 15.6% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation