Valuation: Telenor ASA

Market Cap 175B 18.21B 15.91B 14.68B 13.53B 25.51B 1,753B 26.07B 175B 69.02B 859B 68.37B 66.87B 2,956B P/E 2026 *
12.5x
P/E 2027 * 13.9x
Enterprise Value 227B 23.56B 20.59B 19B 17.51B 33.01B 2,269B 33.74B 227B 89.31B 1,111B 88.47B 86.53B 3,825B EV / Sales 2026 *
3.05x
EV / Sales 2027 * 3.1x
Free-Float
46%
Yield 2026 *
7.61%
Yield 2027 * 7.74%
1 day+4.75%
1 week-6.80%
Current month-5.22%
1 month-10.10%
3 months-16.93%
6 months-6.08%
Current year-8.38%
1 week 125.2
Extreme 125.2
147.3
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 102.05
Extreme 102.05
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

Director

345 0.0000%
21/11/25 Buy

Chief Executive Officer

1,500 0.0001%
21/11/25 Buy

Chief Executive Officer

1,500 0.0001%
Change 5-day change 1-year change 3-year change Capi.($)
+4.75%-6.80%-15.15%+27.57% 18.15B
-5.49%-14.71% - - 1,727B
-9.01%-5.78%+107.62%+211.95% 209B
-0.51%+2.43%-15.35%+39.26% 209B
-0.41%+3.15%-19.25%+61.09% 153B
+0.84%+2.25%+18.22%+35.38% 66.65B
+1.33%+6.99%+43.66%+63.86% 36.08B
+1.07%+0.26%+31.14%+70.72% 33.24B
-1.85%+0.47%-32.06%+14.54% 25.37B
+0.23%+3.74%+10.95%+36.40% 18.32B
Average -0.86%+1.19%+14.42%+62.31% 249.56B
Weighted average by Cap. -4.57%-8.38%+25.12%+91.62%

Financials

2026 *2027 *
Net sales 74.34B 7.71B 6.74B 6.22B 5.73B 10.81B 743B 11.05B 74.35B 29.24B 364B 28.97B 28.33B 1,252B 74.7B 7.75B 6.77B 6.25B 5.76B 10.86B 746B 11.1B 74.71B 29.39B 366B 29.11B 28.47B 1,258B
Net income 15.13B 1.57B 1.37B 1.27B 1.17B 2.2B 151B 2.25B 15.13B 5.95B 74.05B 5.9B 5.77B 255B 12.25B 1.27B 1.11B 1.03B 945M 1.78B 122B 1.82B 12.25B 4.82B 59.97B 4.77B 4.67B 206B
Net Debt 51.58B 5.35B 4.68B 4.32B 3.98B 7.5B 515B 7.66B 51.59B 20.29B 252B 20.1B 19.66B 869B 55.94B 5.8B 5.07B 4.68B 4.31B 8.13B 559B 8.31B 55.94B 22B 274B 21.8B 21.32B 942B
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
17/07/26 NOK 134.40 +4.75% 6,664,456
16/07/26 NOK 128.30 -11.64% 12,025,792
15/07/26 NOK 145.20 -1.29% 1,590,164
14/07/26 NOK 147.10 +0.75% 1,441,387
13/07/26 NOK 146.00 +0.83% 1,241,035
Trader
Investor
Global
Quality
ESG MSCI
AAA
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
20
Last Close Price
128.30NOK
Average target price
164.35NOK
Spread / Average Target
+28.10%

Quarterly revenue - Rate of surprise