Valuation: Telenor ASA

Market Cap 18TCr 1.85TCr 1.62TCr 1.53TCr 1.39TCr 2.61TCr 1,76900Cr 2.63TCr 18TCr 7.09TCr 90TCr 6.93TCr 6.78TCr 2,90400Cr P/E 2026 *
11.4x
P/E 2027 * 14.2x
Enterprise Value 23TCr 2.39TCr 2.1TCr 1.98TCr 1.81TCr 3.38TCr 2,29300Cr 3.41TCr 24TCr 9.19TCr 1,17100Cr 8.98TCr 8.79TCr 3,76500Cr EV / Sales 2026 *
3.07x
EV / Sales 2027 * 3.12x
Free-Float
46%
Yield 2026 *
7.61%
Yield 2027 * 7.72%
1 day-0.08%
1 week-2.65%
Current month-6.27%
1 month-5.58%
3 months-10.70%
6 months-22.50%
Current year-12.41%
1 week 127.3
Extreme 127.3
133.4
1 month 127.3
Extreme 127.3
138.5
Current year 125.2
Extreme 125.2
178.7
1 year 125.2
Extreme 125.2
178.7
3 years 110.15
Extreme 110.15
178.7
5 years 87.6
Extreme 87.6
178.7
10 years 87.6
Extreme 87.6
191.7
Manager TitleAgeSince
Chief Executive Officer 61 01/12/2024
Director of Finance/CFO 58 01/02/2025
Chief Tech/Sci/R&D Officer - 25/11/2024
Director TitleAgeSince
Director/Board Member 67 11/05/2020
Director/Board Member 62 27/05/2021
Chairman 65 10/05/2023
Date Insider Type Main position Quantity % Market Cap. Importance
21/11/25 Buy

Chief Executive Officer

1,500 0.0001%
21/11/25 Buy

Director

345 0.0000%
21/11/25 Buy

Director

345 0.0000%
Change 5-day change 1-year change 3-year change Capi.($)
-0.08%-2.65%-21.36%+4.64% 1.85TCr
+0.44%-2.64% - - 2,01800Cr
-3.18%-2.61%+25.64%+282.94% 22TCr
+0.05%-1.64%-30.47%+18.16% 18TCr
-0.28%-0.08%-10.32%+68.53% 17TCr
+0.26%-0.69%+24.60%+28.88% 7.35TCr
+0.40%-0.28%+48.17%+57.25% 3.84TCr
0.00%+0.29%+18.56%+52.65% 3.07TCr
0.00%-2.62%-37.65%-3.46% 2.18TCr
+0.61%-0.67%+15.24%+41.29% 1.79TCr
Average -0.06%-1.42%+3.60%+61.21% 27.93TCr
Weighted average by Cap. -0.62%-2.29%+2.31%+109.51%

Financials

2026 *2027 *
Net sales 7.4TCr 779.4Cr 683.92Cr 645.94Cr 588.65Cr 1.1TCr 75TCr 1.11TCr 7.73TCr 2.99TCr 38TCr 2.93TCr 2.86TCr 1,22700Cr 7.41TCr 780.4Cr 684.8Cr 646.76Cr 589.4Cr 1.1TCr 75TCr 1.11TCr 7.74TCr 3TCr 38TCr 2.93TCr 2.87TCr 1,22800Cr
Net income 1.5TCr 158.45Cr 139.04Cr 131.32Cr 119.67Cr 224.02Cr 15TCr 225.62Cr 1.57TCr 608.64Cr 7.76TCr 594.91Cr 582.05Cr 25TCr 1.21TCr 127.61Cr 111.97Cr 105.75Cr 96Cr 180.41Cr 12TCr 181.7Cr 1.27TCr 490.16Cr 6.25TCr 479.11Cr 468.75Cr 20TCr
Net Debt 5.19TCr 546.63Cr 479.67Cr 453.03Cr 412.85Cr 772.83Cr 52TCr 778.35Cr 5.42TCr 2.1TCr 27TCr 2.05TCr 2.01TCr 86TCr 5.61TCr 590.29Cr 517.98Cr 489.21Cr 445.82Cr 834.56Cr 57TCr 840.51Cr 5.85TCr 2.27TCr 29TCr 2.22TCr 2.17TCr 93TCr
Logo Telenor ASA
Telenor ASA is the No. 1 telecommunications group in Norway. Net sales (including intragroup) break down by activity as follows: - mobile and fixed-line telecommunications services (89.8%): mobile and fixed-line telephony services, voice and data transmission, Internet access, messaging, TV channel broadcasting, sale of telecommunications equipment, etc.; - telecommunications infrastructure management (4.1%): construction, development and leasing of towers, masts, buildings, etc.; - other (6.1%): offshore telecommunications services, interconnection between operators, etc. Net sales are geographically distributed as follows: Norway (34.7%), Sweden (18.6%), Bangladesh (17.4%), Finland (17.3%), Denmark (8.2%) and other (3.8%).
Employees
9,819
Date Price Change Volume
25/26/25 NOK 128.50 -0.08% 17,30,073
24/26/24 NOK 128.60 +1.02% 23,82,371
23/26/23 NOK 127.30 -3.05% 32,24,429
22/26/22 NOK 131.30 -0.61% 10,46,553
21/26/21 NOK 132.10 +0.08% 13,60,207
Trader
Investor
Global
Quality
ESG MSCI
AAA
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
20
Last Close Price
128.50NOK
Average target price
155.00NOK
Spread / Average Target
+20.62%

Quarterly revenue - Rate of surprise