Valuation: Telenor ASA

Market Cap 175B 18.15B 15.87B 14.67B 13.47B 25.49B 1,749B 25.93B 175B 68.75B 854B 68.17B 66.68B 2,949B P/E 2026 *
13.3x
P/E 2027 * 13.9x
Enterprise Value 227B 23.49B 20.53B 18.99B 17.42B 32.98B 2,263B 33.55B 226B 88.96B 1,105B 88.21B 86.28B 3,816B 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-7.18%
Current month-5.22%
1 month-7.63%
3 months-16.16%
6 months-8.13%
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

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.($)
+4.75%-7.18%-16.52%+28.37% 18.15B
-4.70%-13.19% - - 1,727B
-9.01%-14.85%+102.86%+214.57% 209B
+1.10%+4.29%-13.82%+41.78% 209B
+1.34%+5.99%-17.02%+65.52% 153B
+0.84%+2.78%+16.80%+35.16% 66.65B
+1.66%+7.54%+44.39%+64.70% 36.08B
+0.27%-0.79%+29.76%+68.92% 33.24B
-1.85%-0.31%-30.95%+15.58% 25.37B
+0.23%+3.74%+10.95%+36.40% 18.32B
Average -0.53%+1.16%+14.05%+63.44% 249.56B
Weighted average by Cap. -3.74%-8.38%+24.54%+93.89%

Financials

2026 *2027 *
Net sales 74.34B 7.69B 6.72B 6.22B 5.71B 10.8B 741B 10.99B 74.15B 29.13B 362B 28.88B 28.25B 1,249B 74.7B 7.73B 6.76B 6.25B 5.73B 10.85B 745B 11.04B 74.51B 29.27B 364B 29.02B 28.39B 1,256B
Net income 13.12B 1.36B 1.19B 1.1B 1.01B 1.91B 131B 1.94B 13.09B 5.14B 63.88B 5.1B 4.99B 221B 12.11B 1.25B 1.1B 1.01B 929M 1.76B 121B 1.79B 12.08B 4.74B 58.95B 4.7B 4.6B 204B
Net Debt 51.58B 5.34B 4.66B 4.31B 3.96B 7.49B 514B 7.62B 51.45B 20.21B 251B 20.04B 19.6B 867B 55.94B 5.79B 5.06B 4.68B 4.29B 8.12B 558B 8.27B 55.79B 21.92B 272B 21.73B 21.26B 940B
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