Valuation: Telenor ASA

Market Cap 175B 18.46B 16.2B 15.3B 13.94B 26.09B 1,769B 26.28B 183B 70.89B 904B 69.3B 67.8B 2,904B P/E 2026 *
11.4x
P/E 2027 * 14.2x
Enterprise Value 227B 23.92B 20.99B 19.83B 18.07B 33.82B 2,293B 34.06B 237B 91.89B 1,171B 89.82B 87.88B 3,765B 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-5.38%
3 months-11.38%
6 months-22.59%
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 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. 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%-22.26%+4.98% 18.46B
+0.44%-2.64% - - 2,018B
-3.18%-2.61%+30.54%+286.19% 223B
+0.05%-1.64%-30.34%+17.78% 177B
-0.28%-0.08%-10.35%+68.97% 174B
+0.26%-0.69%+24.40%+30.18% 73.53B
+0.40%-0.28%+46.69%+55.87% 38.35B
0.00%+0.29%+18.97%+53.33% 30.71B
0.00%-2.62%-36.73%-1.59% 21.77B
+0.61%-0.67%+13.62%+41.62% 17.85B
Average -0.18%-1.42%+3.84%+61.93% 279.28B
Weighted average by Cap. +0.07%-2.29%+3.64%+110.60%

Financials

2026 *2027 *
Net sales 74.02B 7.79B 6.84B 6.46B 5.89B 11.02B 747B 11.1B 77.3B 29.94B 382B 29.26B 28.63B 1,227B 74.12B 7.8B 6.85B 6.47B 5.89B 11.03B 748B 11.11B 77.4B 29.98B 382B 29.3B 28.67B 1,228B
Net income 15.05B 1.58B 1.39B 1.31B 1.2B 2.24B 152B 2.26B 15.71B 6.09B 77.58B 5.95B 5.82B 249B 12.12B 1.28B 1.12B 1.06B 964M 1.8B 122B 1.82B 12.66B 4.9B 62.48B 4.79B 4.69B 201B
Net Debt 51.92B 5.47B 4.8B 4.53B 4.13B 7.73B 524B 7.78B 54.21B 21B 268B 20.52B 20.08B 860B 56.06B 5.9B 5.18B 4.89B 4.46B 8.35B 566B 8.41B 58.54B 22.67B 289B 22.16B 21.68B 929B
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
25/09/26 NOK 128.50 -0.08% 1,730,073
24/09/26 NOK 128.60 +1.02% 2,382,371
23/09/26 NOK 127.30 -3.05% 3,224,429
22/09/26 NOK 131.30 -0.61% 1,046,553
21/09/26 NOK 132.10 +0.08% 1,360,207
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