Valuation: Telenor ASA

Market Cap 184B 19.75B 16.91B 15.77B 14.47B 27.2B 1,889B 27.73B 187B 72.95B 947B 74.14B 72.53B 3,135B P/E 2026 *
12.7x
P/E 2027 * 14.8x
Enterprise Value 240B 25.69B 22B 20.52B 18.83B 35.39B 2,458B 36.08B 243B 94.91B 1,232B 96.46B 94.36B 4,079B EV / Sales 2026 *
3.23x
EV / Sales 2027 * 3.22x
Free-Float
46%
Yield 2026 *
7.24%
Yield 2027 * 7.34%
1 day-1.33%
1 week-0.22%
Current month-0.30%
1 month+0.45%
3 months-16.21%
6 months-23.42%
Current year-9.07%
1 week 133.2
Extreme 133.2
135.3
1 month 131
Extreme 131
136.9
Current year 125.2
Extreme 125.2
178.7
1 year 125.2
Extreme 125.2
178.7
3 years 107
Extreme 107
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

Director

345 0.0000%
21/11/25 Buy

Director

345 0.0000%
Change 5-day change 1-year change 3-year change Capi.($)
-1.33%-0.22%-20.07%+23.06% 19.75B
-5.70%-7.41% - - 1,841B
+3.06%-2.41%+34.38%+231.87% 188B
-0.98%-1.67%-30.38%+33.02% 196B
+0.02%+2.24%-14.17%+78.23% 172B
+0.72%+0.99%+8.62%+36.96% 68.23B
-1.17%-1.79%+33.45%+67.71% 37.41B
-1.10%-4.28%+23.45%+61.26% 32.73B
+3.64%-9.96%-43.73%+2.98% 21.44B
+1.02%-1.60%+6.16%+36.25% 17.96B
Average -0.17%-1.75%-0.25%+63.48% 259.41B
Weighted average by Cap. -3.87%-3.21%-0.71%+95.24%

Financials

2026 *2027 *
Net sales 74.22B 7.95B 6.8B 6.35B 5.83B 10.95B 760B 11.16B 75.31B 29.36B 381B 29.84B 29.19B 1,262B 74.63B 7.99B 6.84B 6.38B 5.86B 11.01B 765B 11.22B 75.73B 29.52B 383B 30B 29.35B 1,269B
Net income 15.32B 1.64B 1.4B 1.31B 1.2B 2.26B 157B 2.3B 15.55B 6.06B 78.66B 6.16B 6.03B 260B 12.19B 1.3B 1.12B 1.04B 956M 1.8B 125B 1.83B 12.37B 4.82B 62.57B 4.9B 4.79B 207B
Net Debt 55.52B 5.94B 5.09B 4.75B 4.36B 8.19B 569B 8.35B 56.33B 21.96B 285B 22.32B 21.83B 944B 56.14B 6.01B 5.15B 4.8B 4.41B 8.28B 575B 8.44B 56.97B 22.21B 288B 22.57B 22.08B 954B
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
20/08/26 NOK 133.40 -1.33% 1,244,182
19/08/26 NOK 135.20 -0.07% 1,602,847
18/08/26 NOK 135.30 +0.82% 1,413,342
17/08/26 NOK 134.20 -0.30% 1,330,746
14/08/26 NOK 134.60 +0.67% 1,035,824
Trader
Investor
Global
Quality
ESG MSCI
AAA
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
20
Last Close Price
135.20NOK
Average target price
159.55NOK
Spread / Average Target
+18.01%

Quarterly revenue - Rate of surprise