Valuation: Telenor ASA

Market Cap 180B 18.73B 16.47B 15.3B 14.07B 26.39B 1,814B 26.86B 183B 71.37B 885B 70.31B 68.79B 3,069B P/E 2026 *
12.7x
P/E 2027 * 14.4x
Enterprise Value 232B 24.1B 21.19B 19.69B 18.11B 33.96B 2,334B 34.57B 235B 91.83B 1,138B 90.47B 88.51B 3,949B EV / Sales 2026 *
3.13x
EV / Sales 2027 * 3.16x
Free-Float
46%
Yield 2026 *
7.41%
Yield 2027 * 7.51%
1 day-0.97%
1 week-9.02%
Current month-6.84%
1 month-8.77%
3 months-18.81%
6 months-15.64%
Current year-9.95%
1 week 130.1
Extreme 130.1
135.4
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.($)
-0.97%-9.02%-18.05%+19.44% 18.95B
+2.59%-9.82% - - 1,518B
-10.75%-11.63%-27.15%+20.55% 207B
+3.77%-6.95%+104.95%+240.80% 199B
-0.35%+4.46%-17.26%+53.58% 160B
-0.17%+0.63%+17.72%+33.92% 67.12B
-0.51%+3.52%+38.37%+58.01% 35.96B
-0.53%+0.27%+28.42%+68.92% 33.21B
+2.43%+0.57%+8.67%+38.16% 18.39B
-0.78%-2.31%+1,553.65%+1,262.66% 17.09B
Average -0.61%-2.27%+187.70%+199.56% 227.52B
Weighted average by Cap. +1.07%-10.28%+56.05%+119.07%

Financials

2026 *2027 *
Net sales 74.13B 7.7B 6.78B 6.3B 5.79B 10.86B 746B 11.05B 75.28B 29.36B 364B 28.93B 28.3B 1,263B 74.67B 7.76B 6.83B 6.34B 5.83B 10.94B 752B 11.13B 75.82B 29.58B 367B 29.14B 28.51B 1,272B
Net income 15.32B 1.59B 1.4B 1.3B 1.2B 2.24B 154B 2.28B 15.56B 6.07B 75.22B 5.98B 5.85B 261B 12.17B 1.26B 1.11B 1.03B 950M 1.78B 122B 1.81B 12.36B 4.82B 59.73B 4.75B 4.64B 207B
Net Debt 51.67B 5.37B 4.72B 4.39B 4.04B 7.57B 520B 7.7B 52.47B 20.47B 254B 20.16B 19.72B 880B 56.05B 5.83B 5.12B 4.76B 4.38B 8.21B 564B 8.36B 56.91B 22.2B 275B 21.87B 21.4B 955B
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
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
17/07/26 NOK 134.40 +4.75% 6,664,456
Trader
Investor
Global
Quality
ESG MSCI
AAA
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
20
Last Close Price
133.40NOK
Average target price
162.60NOK
Spread / Average Target
+21.89%

Quarterly revenue - Rate of surprise