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Elektroimportøren AS, (ELIMP) Fair Value & Analysis

Consumer Cyclical · NO · Market cap 1.1B NOK

EA Elektroimportøren AS, ELIMP · OL
Pricekr 21.70
Fair Valuekr 13.88
Upside-36.0%
Quality53/100
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Healthy Growth
Thin margins · 1.9% net margin
Low debt · generates free cash flow
1.87% dividend yield
Trails peers (2/14)
Narrow moat 32/100
Evidence: High Range kr 10.41 – kr 17.35 Share as image

Fair value as of: Jul 16, 2026

From 24 valuation models · updated 25 days ago

Fair value updated Jul 16, 2026, revised from kr 19.16 to kr 13.88 (−27.6%) since Jun 24, 2026. Share price +1.4% over the past month.

A solid business, but screening 36% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (kr 17.35). The favourable scenario is already priced in.
  • Solid but not exceptional quality (53/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

kr 83.61 kr 7.70 Fair Value kr 13.88 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 16, 2026.

How to read this chart

60‑month range kr 7.70 – kr 83.61 · fair‑value band kr 10.41 – kr 17.35 · the kr 21.70 price screens above the kr 13.88 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 16, 2026.

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Analysis

Elektroimportøren AS, (ELIMP) currently trades at kr 21.70, while our model-based Fair Value estimate is kr 13.88, implying the stock looks roughly 36.0% overvalued today. The Quality Score stands at 53/100 (solid quality), in the Consumer Cyclical sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Elektroimportøren AS, generated revenue of 1.8B NOK at a net margin of 1.9%. Revenue grew 8.8% year over year. It earns a return on equity of 5.0%. Net debt stands at 29.6M NOK. Fundamentals as of Jul 16, 2026

Our scenario range runs from kr 10.41 (bear case) to kr 17.35 (bull case); at kr 21.70, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades near its 52-week high and 71% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -24% fair-value upside, at -36%, ELIMP screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Growth DCF kr 27.68 kr 42.11 kr 62.00 80
Residual Income kr 10.04 kr 9.80 kr 8.39 76
Rev-Margin DCF kr 19.02 kr 28.92 kr 41.24 74
All 24 models by family
DCF Models
FCF DCF kr 27.87 kr 43.74 kr 66.75 38
Owner Earnings kr 25.64 kr 40.23 kr 61.38 31
5Y Revenue Exit kr 19.02 kr 28.75 kr 41.16 39
5Y EBITDA Exit kr 29.83 kr 50.17 kr 74.81 41
5Y P/E Exit kr 16.57 kr 23.91 kr 31.67 38
10Y Revenue Exit kr 21.84 kr 31.47 kr 44.70 36
10Y EBITDA Exit kr 28.67 kr 45.50 kr 69.47 37
10Y P/E Exit kr 20.76 kr 28.30 kr 37.71 35
Earnings-Based
Graham-Dodd kr 4.29 kr 17.27 kr 23.49 54
Lynch FV kr 4.31 kr 6.15 kr 8.00 50
PEG = 1.0 kr 4.31 kr 6.15 kr 8.00 46
EPV kr 11.14 kr 12.63 kr 13.87 59
Multiples
P/E Multiple kr 10.41 kr 13.88 kr 17.35 63
P/S Multiple kr 8.04 kr 10.73 kr 13.41 58
P/B Multiple kr 8.04 kr 10.73 kr 13.41 55
EV/EBIT kr 20.71 kr 27.54 kr 34.38 53
EV/EBITDA kr 34.47 kr 45.90 kr 57.32 54
EV/Revenue kr 14.03 kr 19.95 kr 25.87 43
Asset-Based
NCAV (Graham) kr 7.08 kr 9.48 kr 14.15 50
Growth DCF
Growth DCF kr 27.68 kr 42.11 kr 62.00 80
Rev-Margin DCF kr 19.02 kr 28.92 kr 41.24 74
Economic Profit
Residual Income kr 10.04 kr 9.80 kr 8.39 76
ROIC Compounder kr 11.14 kr 12.63 kr 13.87 72
Growth Earnings
Growth-Adj P/E kr 7.74 kr 11.06 kr 14.38 68

Widest divergence: DCF Models (kr 31.47) versus Earnings-Based (kr 6.15). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 1.8B NOK
Revenue growth (YoY) +8.8%
Net margin 1.9%
Return on equity 5.0%
Free cash flow 139M NOK FY2025
P/E ratio 32.1
More key figures
Operating margin 1.7%
EPS (TTM) kr 0.6700
Dividend yield 1.9%
EPS growth (YoY) +33.1%
Net debt 29.6M NOK FY2025

Figures from reported company fundamentals · as of Jul 16, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 53/100

Of which business quality 55 · Market factors (momentum, volatility) 74

Profitability 46
Margins and returns on capital today
Quality Growth 66
Are margins and returns improving?
Cashflow 67
Earnings quality: real cash, not paper profit
Fin. Strength 52
Balance sheet, leverage, solvency risk
Investment 57
Disciplined investing over empire-building
Low Volatility 44
Calm price path (market factor)
Momentum 86
Price trend over the last 3–12 months (market factor)
52W Momentum 88
Distance to the 52-week high (market factor)
Net Issuance 40
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Elektroimportøren AS, together with its subsidiaries, engages in the sale of electrical installation products to private and professional customers in Norway and Sweden. It offers electro materials; lighting products; cables; and other electro installation products, as well as heating and ventilation products through online and physical stores.

Full company description

Elektroimportøren AS, together with its subsidiaries, engages in the sale of electrical installation products to private and professional customers in Norway and Sweden. It offers electro materials; lighting products; cables; and other electro installation products, as well as heating and ventilation products through online and physical stores. The company was founded in 1994 and is headquartered in Oslo, Norway.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Elektroimportøren AS, reported revenue of kr 1.8B in FY2025 versus kr 1.5B in FY2021, a compound +4.8%/yr. Reported net income was kr 32.0M in FY2025, compounding −24.2%/yr from FY2021.

Growth Quality 67/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
1.8B NOK
Latest YoY
+9.9%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+3.3%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+6.3%
Avg. growth/yr (8Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+14.8%
Revenue +4.8%/yr
FY21 kr 1.5B
FY22 kr 1.6B
FY23 kr 1.6B
FY24 kr 1.6B
FY25 kr 1.8B
Net income −24.2%/yr
FY21 kr 97.2M
FY22 kr 52.1M
FY23 −kr 11.8M
FY24 kr 40.0M
FY25 kr 32.0M

ELIMP screens 36% overvalued. Compare with Casey's General Stores, Inc →

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Cite: Fair Value Calculator (2026). "Elektroimportøren AS, Fair Value". https://www.fairvalue-calculator.com/stock/ELIMP

Peer Group

Specialty Retail · 221 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 53 · Below median
Fair Value upside −36% · Below median
Return on equity (TTM) 5% · Below median
Return on assets 3% · Below median
Net margin (TTM) 2% · Below median
Operating margin (TTM) 2% · Below median
Revenue growth 9% · Above median
Dividend yield (TTM) 1.9% · Below median
Debt / equity 0.20× · Higher than median

Valuation Multiples vs Specialty Retail median · lower = cheaper

P/E (TTM) 32.1× · Pricier than 75% of peers
P/B 1.52× · Pricier than median
P/S (TTM) 0.60× · Pricier than median
P/FCF 0.8× · Cheaper than median
EV/EBITDA 11.1× · Pricier than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 29
FUTURE 44 · sector 23
PAST 20 · sector 27
HEALTH 90 · sector 94
DIVIDEND 37 · sector 51

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Specialty Retail stocks, each showing price versus our Fair Value estimate (as of Jul 16, 2026).

Stock Price Fair Value vs Fair Value
Casey's General Stores, Inc CASY $827.04 $405.44 -51%
Williams-Sonoma, Inc WSM $222.84 $164.16 -26%
Ulta Beauty, Inc ULTA $479.57 $488.39 +2%
DICK'S Sporting Goods, Inc DKS $208.89 $181.10 -13%
Best Buy Co BBY $83.98 $109.12 +30%
China Tourism Group 601888 ¥52.90 ¥40.40 -24%
Tractor Supply Company TSCO $31.01 $35.52 +15%
Murphy USA Inc MUSA $618.57 $423.35 -32%
Five Below, Inc FIVE $197.71 $117.29 -41%
Taiwan Mobile Co 3045 110.50 TWD 80.98 TWD -27%

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Frequently asked questions

Is Elektroimportøren AS, (ELIMP) overvalued or undervalued?
As of Jul 16, 2026, our model estimates a fair value of kr 13.88 versus a price of kr 21.70, about −36% (overvalued).
What is the fair value of ELIMP?
Our model-based fair value for Elektroimportøren AS, is kr 13.88 (as of Jul 16, 2026), built from audited fundamentals. The current price is kr 21.70.
What is the quality score of ELIMP?
Elektroimportøren AS, has a Quality Score of 53/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Elektroimportøren AS, (ELIMP)?
Elektroimportøren AS, reported trailing-twelve-month revenue of about 1.8B NOK (latest available figure, as of Jul 16, 2026).
What is the net profit margin of ELIMP?
The net profit margin of Elektroimportøren AS, is about 1.9%, meaning it keeps roughly 1.9% of revenue as net income. Based on the latest reported figures.
Does Elektroimportøren AS, pay a dividend?
Elektroimportøren AS, currently shows a dividend yield of about 2.64% relative to its recent price (as of Jul 16, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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