Elmera (ELMRA.OL)

Elmera stock price today, ATLAS forecast and fair value

Utilities · Utilities - Regulated Electric · Oslo Børs · Norway

NOK 46.90▲ +0.21%

Prices as of Oct 27, 2026 · NOK

ATLAS fair value

NOK 36.59

Above fair value · 28% premium

Chance of rising in 1 month

53%

that it ends higher than today in 21 sessions

0%coin flip 50%100%

This is just the summary. See everything on Elmera in ATLAS

ATLAS's own quantitative analysis, all in one place.

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On Elmera

  • Simulation and expected rangeThousands of simulated scenarios: how far the price could rise or fall.
  • Officers and shareholdersWho runs the company and which funds hold its shares.
  • Customer and supplier mapWho it does business with, from its own filings.
  • Valuation and financialsFair value step by step, quarterly accounts and upcoming events.
  • NewsThe latest on the company, in one place.

And for you

  • ATLAS builds your portfolioAnswer a short test and get portfolios that fit you.
  • AlertsWe let you know when something changes in your stocks.
  • Crisis simulatorHow your portfolio would do in a crash like 2008.
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  • Global screenerSearch US stocks and stocks from 47 countries with filters.
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Plans from €3.99 a month.

ATLAS estimates Elmera's fair value at about NOK 36.59 per share (reasonable range: NOK 29.26 to NOK 56.31). At NOK 46.90, the stock trades 28% above it.

It is calculated with a blend of a discounted cash-flow model and peer valuation multiples. Confidence in the estimate is medium. It is an estimate, not a promise: if the company's results change, so does its fair value.

ATLAS's model gives Elmera a 53% chance of finishing higher a month from now (21 trading sessions) than today: close to a coin flip.

In half of the simulated outcomes the price ends between NOK 45.50 and NOK 48.74; in 9 out of 10, between NOK 42.81 and NOK 51.81. Estimated annual volatility is 10%.

Price, last 12 months (weekly close)

Elmera (ELMRA.OL) — Price, last 12 months (weekly close)Oct 24, 2025: NOK 32.85. Oct 27, 2026: NOK 46.90. ▲Fair value NOK 36.59NOK 46.90NOK 29.00Oct 24, 2025Oct 27, 2026

Key numbers

Market cap
NOK 5.0B
Market cap (USD)
$539M
P/E ratio
25.9
Dividend yield
4.28%
52-week high
NOK 47.25
52-week low
NOK 28.45
Revenue (12 months)
NOK 16.2B
Gross margin
10.9%
Operating margin
3.0%
Net margin
1.3%
Beta
0.65

What this means

These are two different questions: fair value looks at the business (what it is worth given what it earns) and the odds look at the price over the next month. Elmera sits above fair value and its odds of rising over a month are close to a coin flip. An expensive stock can keep climbing and a cheap one can keep falling, which is why ATLAS shows the two readings separately.

Over the last 52 weeks ELMRA.OL has traded between NOK 28.45 and NOK 47.25. Today it is 0.7% below that high and 65% above its low.

On the business: net margin is 1.3%; it trades at 25.9 times earnings.

Its beta is 0.65: it tends to move less than the market.

About the company

Elmera Group ASA, together with its subsidiaries, engages in the purchase, sale, and portfolio management of electrical power to households, private and public companies, and municipalities in Norway, Sweden, and Finland. The company operates through Consumer, Business, and Nordic segments.

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Comparable companies

Other companies in the same line of business:

Frequently asked questions

What is Elmera (ELMRA.OL) fair value?

About NOK 36.59 per share according to ATLAS (reasonable range: NOK 29.26 to NOK 56.31). With the stock at NOK 46.90, it is 28% above it.

What is the chance ELMRA.OL goes up next month?

53%: close to a coin flip. In half of the simulated outcomes, ELMRA.OL ends the month between NOK 45.50 and NOK 48.74.

How big is Elmera and what is its P/E ratio?

Elmera's market capitalization is NOK 5.0B. Its price-to-earnings (P/E) ratio is 25.9: you pay NOK 25.9 for each NOK 1.00 of yearly earnings.

Does Elmera pay a dividend?

Yes. ELMRA.OL's current dividend yield is 4.28% at today's price (NOK 46.90).

Not investment advice. ATLAS estimates are produced by statistical models from public data; they can be wrong and past performance does not predict future results. Consider your own situation before investing. Disclaimer

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