Dashboard
1
High Debt Company with a Debt to Equity ratio (avg) at times
- Poor long term growth as Operating profit has grown by an annual rate 16.83% of over the last 5 years
- High Debt Company with a Debt to Equity ratio (avg) at times
- The company has been able to generate a Return on Capital Employed (avg) of 4.34% signifying low profitability per unit of total capital (equity and debt)
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Flat results in Jun 25
3
With ROE of 8.06%, it has a Very Expensive valuation with a 1.58 Price to Book Value
Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
12.19%
0%
12.19%
6 Months
-0.57%
0%
-0.57%
1 Year
35.24%
0%
35.24%
2 Years
91.83%
0%
91.83%
3 Years
111.17%
0%
111.17%
4 Years
130.15%
0%
130.15%
5 Years
139.83%
0%
139.83%
Elia Group SA/NV for the last several years.
Risk Adjusted Returns v/s 
News
No Recent News for the Company
Announcements 
No announcement available
Corporate Actions 
No corporate action available
Quality key factors 
Factor
Value
Sales Growth (5y)
13.43%
EBIT Growth (5y)
16.83%
EBIT to Interest (avg)
3.24
Debt to EBITDA (avg)
7.28
Net Debt to Equity (avg)
2.58
Sales to Capital Employed (avg)
0.22
Tax Ratio
32.17%
Dividend Payout Ratio
25.03%
Pledged Shares
0
Institutional Holding
0.00%
ROCE (avg)
4.34%
ROE (avg)
8.48%
Valuation key factors
Factor
Value
P/E Ratio
20
Industry P/E
Price to Book Value
1.58
EV to EBIT
17.92
EV to EBITDA
11.89
EV to Capital Employed
1.22
EV to Sales
5.61
PEG Ratio
7.61
Dividend Yield
0.01%
ROCE (Latest)
6.82%
ROE (Latest)
8.06%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bullish
Mildly Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Bullish
Dow Theory
Mildly Bearish
No Trend
OBV
Mildly Bearish
No Trend
Shareholding Snapshot : Dec 2023
Shareholding Compare (%holding) 
Majority shareholders
Foreign Institutions
Domestic Funds
Held in 0 Schemes (0%)
Foreign Institutions
Held by 1 Foreign Institutions (0.0%)
Strategic Entities with highest holding
Highest Public shareholder
Annual Results Snapshot (Consolidated) - Dec'23
Dec'23
Dec'22
Change(%)
Net Sales
3,842.60
3,616.00
6.27%
Operating Profit (PBDIT) excl Other Income
1,301.50
699.90
85.96%
Interest
181.00
119.00
52.10%
Exceptional Items
0.00
1.50
-100.00%
Consolidate Net Profit
368.50
388.90
-5.25%
Operating Profit Margin (Excl OI)
193.60%
51.40%
14.22%
USD in Million.
Net Sales
YoY Growth in year ended Dec 2023 is 6.27% vs 41.73% in Dec 2022
Consolidated Net Profit
YoY Growth in year ended Dec 2023 is -5.25% vs 25.86% in Dec 2022
About Elia Group SA/NV 
Elia Group SA/NV
Power
Elia Group SA, formerly known as Elia System Operator SA, is a Belgium-based electricity high-voltage transmission system operator. The Company transmits electricity over its high-voltage network from generators to large industrial consumers, as well as to distributors, which in turn feed Belgian households and businesses. It is assigned of the Belgian electricity transmission system operator under licenses issued by the federal government and the regional governments. Its grid forms are connection between France and the markets of Northern Europe. The Company operates through numerous subsidiaries and affiliated entities in Belgium, Germany, Luxemburg, The Netherlands and France, among others. It is active through Elia Grid International.
Company Coordinates 
Company Details
Boulevard de l'Empereur 20 , BRUXELLES None : 1000
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