Fairvalue-Calculator Fairvalue-Calculator
EN DE

Elmera Group (ELMRA) Fair Value & Analysis

Utilities · NO · Market cap 3.3B NOK

Pricekr 29.90
Fair Valuekr 25.56
Upside-14.5%
Quality95/100
Evidence: High Range kr 17.89 – kr 33.50

Fair value as of: Jun 24, 2026

✦ Find undervalued quality stocks — 34,000+ analysed Find stocks →

Analysis

Elmera Group (ELMRA) currently trades at kr 29.90, while our model-based Fair Value estimate is kr 25.56 — implying the stock looks roughly 14.5% overvalued today. We read business quality at 95/100 (high quality), in the Utilities 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).

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. It sells electrical power and related services to private and business consumers. The company also sells EV chargers and PV panels, as well as provides, mobile services, power sale, and related services. In addition, it is involved in management and services related to electrical power; and provides mobile phone services to private customers. The company was formerly known as Fjordkraft Holding ASA and changed its name to Elmera Group ASA in April 2022. Elmera Group ASA was founded in 2001 and is headquartered in Bergen, Norway.

Open the full interactive analysis →

Similar stocks

NextEra Energy, Inc (NEE) -65% The Southern Company (SO) -36% Duke Energy Corporation (DUK) -22% National Grid plc (NGG) -41% American Electric Power Company (A1EP34) -85% Dominion Energy, Inc (D) -31%

Frequently asked questions

Is Elmera Group (ELMRA) undervalued?
As of Jun 24, 2026, our model estimates a fair value of kr 25.56 versus a price of kr 29.90 — about −15% (overvalued). Model-based estimate, not financial advice.
What is the fair value of ELMRA?
Our 21-model fair value for Elmera Group is kr 25.56 (as of Jun 24, 2026), built from audited fundamentals. The current price is kr 29.90.
What is the quality score of ELMRA?
Elmera Group has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.

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.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.