Enlight Research Publishes IPO Research on Eleving Group

Enlight Research has released its analysis on Eleving Group’s Initial Public Offering (IPO). Using the Discounted Cash Flow (DCF) method, Enlight estimates Eleving Group’s share value at EUR 2.39 per share. This contrasts with the IPO price range set at EUR 1.60 to EUR 1.85.

Eleving Group aims for a dividend payout rate exceeding 50% of net profit. Enlight predicts dividend yields of 7.6% for this year, 10% for 2025, and 11.8% for 2026. The report underscores Eleving Group’s growth potential in frontier markets and its valuation relative to Baltic peers.

The research is accessible for free on Enlight Research’s platform. Eleving Group is a profitable fintech firm operating in vehicle and consumer financing across 16 countries. The IPO subscription period runs until October 8, inviting participation from investors in multiple European countries.