Elia Group SA/NV stock
ELI.BRBRUUtilitiesISIN BE0003822393
55Score 55 out of 100, Neutral
Price and trend
62 / 100
Price history
+30% in one yearThe chart shows daily closes over 20 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Above the 200-day line: the price is 3.4% above it.
Since September 2026 the 50-day line has been below the 200-day line; the trend has turned down.
Overheated: the price has risen very quickly lately (RSI 77).
The price is 4.5% below its 52-week high. Largest decline in 20 years: 62% (August 2022 to March 2025).
Chart figures for advanced users
- SMA 50$136.54
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$145.43
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)77
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDabove the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$111.94
- The lowest closing price of the last twelve months.
- Resistance$157.34
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- Elia Group SA/NV belongs to the Regulated Electric industry (Belgium) and, with a market value of $16.41B, is number 38 of 79 companies in its industry on MEQIRI.
- In fiscal 2025 it reported revenue of $4.94B (up 17.9% year on year) and earnings of $651.93M (up 30.1%).
- For fiscal 2026, analysts expect on average revenue of $6.73B (up 36.2%) and adjusted earnings per share of $7.45 (up 13.3%).
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- MEQIRI Score 55 out of 100 (Neutral): rank 84 of 201 in Utilities, median 54.
- The P/E is 23.2 (Regulated Electric median 19.8, own median of recent years 20.1).
- Our model puts fair value at $93.23, with the price 60% above it.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
- Consistently profitableProfit in all 10 fiscal years from 2016 to 2025.
- Growing faster than its industryRevenue up 15% a year since 2020, Regulated Electric median 7.4%.Growth 68
- Reliable dividendNo dividend cut for 10 years.
Weaknesses
- DilutionShare count up 45% since 2020.Capital allocation 31
- Margin may fall backOperating margin 35.8%, average of the prior years 16.8%, which ranged from 5.1% to 23.3%. After peaks like this, the margin was more than a quarter lower two years later in 44 of 100 cases, against 24 of 100 for other companies with high margins.Profitability 51
- Negative free cash flowFree cash flow −$3.73B over the last 12 months.Fundamentals 48
Its standout strength is momentum, while fundamentals and capital allocation hold the score back.
Daily figure as of 12 Nov 2026
How the score is calculatedScore overview
Fundamental quality fluctuates.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk high
How well MEQIRI warnsOne of the 30% with the highest crash risk among stocks ranked 101 to 1,000.
From 2016 to 2025, 23 in 100 such stocks fell 30% or more within a year, against a group average of 15 in 100.
What drives the risk
- weak fundamentals
Valuation
Valuation signal
Modestly overvaluedClosing price of 11 Nov 2026, used by the daily score.
In our model the price counts as cheap below $66.59 and expensive above $155.38 (uncertainty high, one part of the fair value is more than twice the other).
The two parts of the fair value come to $58.43 (cash-flow model) and $128.03 (industry comparison), and the gap between them shows how uncertain the estimate is. The price is above both.
Calculated with a cost of equity of 6.7%. At 7.7% the fair value would be $87.40, at 5.7% it would be $102.94.
Valuation metrics
Half from the dividend model, half from earnings times the industry P/E (19.8).
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In the twelve months to 30 Jun 2026, revenue rose 57.6% on the twelve months before. Revenue has grown solidly since 2006, at about 10% per year.
Margins
- Gross margin
- Operating margin
- Net margin
In fiscal 2025: gross 30%, operating 36%, net 13%.
Debt & balance sheet
latest quarterDebt is elevated. Keep an eye on the interest burden and refinancing.
Earnings
- Next earnings
- No date announced.
- Last reported
- 29 Jul 2026EPS reported $3.51 (expected $3.98)below expectations
Analyst estimates
Earnings estimates have barely changed since 15 Oct 2026.
- Earnings per share
- $7.45+0.3%
- Revenue
- $6.73B+5.6%
- Earnings per share
- $8.30+2.0%
- Revenue
- $7.88B+5.6%
MEQIRI has stored the estimates since 15 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
Company outlook confirmed
Share price after the results: −7.5%2026 net profit guidance of EUR 690 million to EUR 740 million reiterated; one segment now expected around breakeven instead of a loss of EUR 10 million to EUR 30 million.
“We now expect this segment to contribute around breakeven to adjusted net profit in '26 compared with our previous expectation of a loss between EUR 10 million and EUR 30 million.”The outlook is not part of the score and not a recommendation to buy or sell.
From the earnings call on 29 Jul 2026 (fiscal Q2 2026), read by AI.
What happened at Elia Group SA/NV
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
201 rated companies in Utilities
- This company
- 55
- Sector median
- 54
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in Regulated Electric
The next larger and next smaller companies by market value
- EvergyEVRG $20.72B53
- UniperUN0.DE $20.32B50
- Alliant EnergyLNT $19.09B54
- Kansai Electric Power9503.T $18.5B54
- EmeraEMA $15.6B47
- Public PowerPPC.AT $15.42B59
- Korea Electric PowerKEP $14.67B53
- GD Power Development600795.SS $14.25B50
ETFs that hold Elia Group SA/NV
Held by 134 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| Invesco Global Clean Energy UCITS ETF AccumUSDG1CE | 1.09% | 0.60% | €87.44M |
| iShares STOXX Europe 600 Utilities UCITS ETF (DE)EXH9 | 1.01% | 0.46% | €886.23M |
| State Street SPDR EURO STOXX Low Volatility UCITS ETF (Acc)ZPRL | 0.98% | 0.30% | €29.81M |
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| State Street SPDR MSCI Europe Utilities UCITS ETFSPYU | 0.93% | 0.18% | €721.11M |
| iShares EURO STOXX Mid UCITS ETFIQQM | 0.80% | 0.40% | €558.1M |
| Amundi MSCI New Energy UCITS ETF DistLYM9 | 0.78% | 0.60% | €956.11M |
| iShares MSCI EMU Mid Cap UCITS ETF EURIS3H | 0.49% | 0.49% | €567.29M |
| Amundi MSCI EMU SRI Climate Paris Aligned UCITS ETF DR (C)SRHE | 0.47% | 0.18% | €119.46M |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 12 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 11 Nov 2026 ($1 = €0.8987)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 2 Oct 2026)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.