Elia Group SA/NV stock: fair value
ELI.BRThe fair value of Elia Group SA/NV under our model is $92.68, the price is 62% above.
The fair value is an estimate from our model, not a price target.
Daily figure as of 13 Nov 2026
Valuation signal
Modestly overvaluedIn our model the price counts as cheap below $66.20 and expensive above $154.47 (uncertainty high, one part of the fair value is more than twice the other).
The two parts of the fair value come to $58.18 (cash-flow model) and $127.18 (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 $86.87, at 5.7% it would be $102.35.
Where the number comes from
Half from the dividend model, half from earnings times the industry P/E (19.7).
Dividend model: the dividend grows by 2.7% a year for good and is discounted at 6.7% (government bond yield 2.7% plus beta 0.8 times a risk premium of 5%).
Calculate with your own assumptionsThe calculation step by step
With these figures the dividend model arrives at $58.18 per share: next year's dividend divided by the gap between the discount rate and growth. The table explains the calculation; it is not a recommendation.
Calculation as a table
| Step | Value |
|---|---|
| Dividend per share | $2.27 |
| Next dividend: × (1 + 2.7%) | $2.33 |
| Value per share: next dividend / (6.7% − 2.7%) | $58.18 |
| Earnings per share, last twelve months | $6.45 |
| × 19.7 (industry P/E) | $127.18 |
| Fair value (average of both parts) | $92.68 |
Data status and sources
- Score
- Daily value of 13 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 12 Nov 2026 ($1 = €0.9024)
- 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.