Valuation: Telenor ASA

Market Cap 180B 18.74B 16.46B 15.3B 14.04B 26.39B 1,804B 26.79B 182B 71B 887B 70.33B 68.82B 3,067B P/E 2026 *
12.6x
P/E 2027 * 14.3x
Enterprise Value 231B 24.13B 21.19B 19.71B 18.08B 33.98B 2,324B 34.5B 234B 91.43B 1,142B 90.58B 88.63B 3,950B EV / Sales 2026 *
3.12x
EV / Sales 2027 * 3.15x
Free-Float
46%
Yield 2026 *
7.44%
Yield 2027 * 7.54%
1 day-0.38%
1 week-2.08%
Current month-7.19%
1 month-9.24%
3 months-19.90%
6 months-16.18%
Current year-10.29%
1 week 131
Extreme 131
134.6
1 month 125.2
Extreme 125.2
147.3
Current year 125.2
Extreme 125.2
178.7
1 year 125.2
Extreme 125.2
178.7
3 years 105.25
Extreme 105.25
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 30/11/2024
Director of Finance/CFO 58 31/01/2025
Chief Tech/Sci/R&D Officer - 24/11/2024
Director TitleAgeSince
Director/Board Member 67 10/05/2020
Director/Board Member 62 26/05/2021
Chairman 65 09/05/2023
Date Insider Type Main position Quantity % Market Cap.
21/11/25 Buy

Chief Executive Officer

1,500 0.0001%
21/11/25 Buy

Chief Executive Officer

1,500 0.0001%
21/11/25 Buy

Director

345 0.0000%
Change 5-day change 1-year change 3-year change Capi.($)
-0.38%-2.08%-16.92%+20.24% 18.74B
-2.68%-7.19% - - 1,516B
+5.67%-6.41%-26.06%+27.64% 193B
-2.02%-6.29%+83.85%+203.39% 191B
+5.10%+10.64%-13.82%+62.06% 165B
+1.21%+2.65%+20.24%+37.13% 67.97B
-1.33%-2.72%+34.73%+47.81% 35.2B
+0.27%-0.79%+28.33%+68.61% 33.23B
+0.99%-2.08%+12.93%+31.00% 17.68B
+3.94%+3.94%+1,646.03%+1,322.41% 17.54B
Average +1.08%-0.12%+196.59%+202.26% 225.63B
Weighted average by Cap. -1.06%-4.47%+55.47%+115.02%

Financials

2026 *2027 *
Net sales 74.13B 7.74B 6.8B 6.32B 5.8B 10.9B 745B 11.06B 75.05B 29.32B 366B 29.05B 28.42B 1,267B 74.67B 7.79B 6.85B 6.37B 5.84B 10.98B 751B 11.14B 75.59B 29.53B 369B 29.26B 28.63B 1,276B
Net income 15.32B 1.6B 1.4B 1.31B 1.2B 2.25B 154B 2.29B 15.51B 6.06B 75.72B 6B 5.87B 262B 12.17B 1.27B 1.12B 1.04B 952M 1.79B 122B 1.82B 12.32B 4.81B 60.13B 4.77B 4.66B 208B
Net Debt 51.67B 5.39B 4.74B 4.4B 4.04B 7.59B 519B 7.71B 52.31B 20.44B 255B 20.25B 19.81B 883B 56.05B 5.85B 5.14B 4.78B 4.38B 8.24B 563B 8.37B 56.74B 22.17B 277B 21.96B 21.49B 958B
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
24/07/26 NOK 131.60 -0.38% 1,686,976
23/07/26 NOK 132.10 -0.97% 2,134,603
22/07/26 NOK 133.40 +0.68% 2,220,700
21/07/26 NOK 132.50 -0.23% 2,056,016
20/07/26 NOK 132.80 -1.19% 2,465,305
Trader
Investor
Global
Quality
ESG MSCI
AAA
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
20
Last Close Price
131.60NOK
Average target price
162.60NOK
Spread / Average Target
+23.56%

Quarterly revenue - Rate of surprise