Valuation: Elia System Operator

Market Cap 12.91B 14.71B 12.19B 11.11B 20.8B 1,410B 20.95B 146B 56.52B 720B 55.25B 54.05B 2,316B P/E 2026 *
17.6x
P/E 2027 * 15.9x
Enterprise Value 31.6B 36.01B 29.84B 27.2B 50.91B 3,451B 51.27B 357B 138B 1,763B 135B 132B 5,667B EV / Sales 2026 *
5.72x
EV / Sales 2027 * 5.77x
Free-Float
40.29%
Yield 2026 *
1.77%
Yield 2027 * 1.82%
Manager TitleAgeSince
Chief Executive Officer 58 14/01/2025
Director of Finance/CFO - 31/03/2025
Chief Operating Officer - 31/12/2013
Director TitleAgeSince
Director/Board Member 63 10/05/2010
Director/Board Member - 26/10/2017
Director/Board Member 64 08/02/2021
Change 5-day change 1-year change 3-year change Capi.($)
0.00%0.00% - - 14.71B
+0.27%+1.84%+58.24% - 255B
+0.61%-5.46%+0.30%+26.88% 159B
+0.47%+0.94%+27.78%+93.85% 150B
-0.06%-0.47%+11.58%+53.87% 101B
-0.01%-3.09%-12.32%+25.31% 95.34B
+0.63%+3.36%-20.52%+137.72% 93.28B
+0.11%-3.56%-7.86%+25.82% 88.38B
+0.66%-1.38%+8.44%+56.01% 64.43B
+0.46%-4.56%+0.58%+33.48% 53.37B
Average +0.31%-1.35%+7.36%+56.62% 117.74B
Weighted average by Cap. +0.34%-0.89%+16.08%+58.09%

Financials

2026 *2027 *
Net sales 5.53B 6.3B 5.22B 4.76B 8.9B 604B 8.97B 62.45B 24.19B 308B 23.64B 23.13B 991B 6.32B 7.2B 5.97B 5.44B 10.18B 690B 10.26B 71.44B 27.67B 353B 27.05B 26.46B 1,134B
Net income 735M 838M 694M 633M 1.18B 80.28B 1.19B 8.31B 3.22B 41.01B 3.14B 3.08B 132B 814M 928M 769M 701M 1.31B 88.92B 1.32B 9.2B 3.56B 45.43B 3.48B 3.41B 146B
Net Debt 18.69B 21.29B 17.65B 16.08B 30.11B 2,041B 30.32B 211B 81.8B 1,043B 79.95B 78.22B 3,351B 23.54B 26.83B 22.23B 20.26B 37.93B 2,571B 38.2B 266B 103B 1,314B 101B 98.54B 4,221B
Logo Elia System Operator
Elia Group SA/NV is the Belgian transmission system operator, transmitting electricity efficiently, reliably and securely from producers to distribution system operators and major industrial users. The group is responsible for importing and exporting electricity from and to neighbouring countries. Elia Group SA/NV owns the entire Belgian very high voltage grid (150 to 380 kV) and some 94% (ownership and user rights) of the Belgian high-voltage grid (30 to 70 kV). The grid is a key link between electricity markets in northern and southern Europe. It also links Belgian producers and consumers. Belgium's recent investment in interconnection capacity with its neighbours makes it one of the most open and interconnected grids in Europe. Elia Group SA/NV has recently expanded its activities on a broader European level and, following its acquisition of the German TSO 50Hertz and in cooperation with Industry Funds Management (IFM), is now one of the top five transmission system operators in Europe.
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