Valuation: Telenor ASA

Market Cap 180B 18.75B 16.48B 15.32B 14.07B 26.24B 1,810B 26.83B 182B 71.11B 887B 70.38B 68.86B 3,066B P/E 2026 *
12.6x
P/E 2027 * 14.3x
Enterprise Value 231B 24.15B 21.23B 19.73B 18.13B 33.8B 2,331B 34.55B 234B 91.57B 1,143B 90.63B 88.68B 3,949B EV / Sales 2026 *
3.12x
EV / Sales 2027 * 3.15x
Free-Float
46%
Yield 2026 *
7.44%
Yield 2027 * 7.54%
1 day-0.38%
1 week+2.57%
Current month-7.19%
1 month-8.48%
3 months-19.46%
6 months-15.04%
Current year-10.29%
1 week 131
Extreme 131
134.6
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

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.($)
-0.38%+2.57%-18.31%+18.99% 18.73B
-2.68%-12.23% - - 1,558B
+5.67%-6.62%-23.02%+27.81% 184B
-7.06%-7.73%+86.05%+216.73% 206B
+5.10%+9.78%-13.05%+63.48% 157B
+1.81%+2.76%+17.91%+36.34% 66.69B
-1.33%-1.42%+37.81%+55.90% 35.59B
+0.27%+0.27%+26.60%+69.37% 32.97B
-2.52%-2.19%+13.73%+34.67% 17.51B
+3.94%+2.33%+1,592.31%+1,316.31% 16.93B
Average +0.53%+0.20%+191.11%+204.40% 229.37B
Weighted average by Cap. +0.06%-6.04%+56.65%+121.84%

Financials

2026 *2027 *
Net sales 74.13B 7.74B 6.81B 6.33B 5.81B 10.84B 748B 11.08B 75.09B 29.37B 366B 29.06B 28.44B 1,266B 74.67B 7.8B 6.86B 6.37B 5.85B 10.92B 753B 11.16B 75.63B 29.58B 369B 29.27B 28.64B 1,275B
Net income 15.32B 1.6B 1.41B 1.31B 1.2B 2.24B 155B 2.29B 15.52B 6.07B 75.73B 6.01B 5.88B 262B 12.17B 1.27B 1.12B 1.04B 954M 1.78B 123B 1.82B 12.32B 4.82B 60.14B 4.77B 4.67B 208B
Net Debt 51.67B 5.4B 4.74B 4.41B 4.05B 7.55B 521B 7.72B 52.34B 20.47B 255B 20.26B 19.82B 883B 56.05B 5.85B 5.15B 4.78B 4.39B 8.19B 565B 8.38B 56.77B 22.2B 277B 21.97B 21.5B 957B
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
24/07/26 NOK 131.60 -0.38% 1,686,976
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
Trader
Investor
Global
Quality
ESG MSCI
AAA
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
20
Last Close Price
131.60NOK
Average target price
162.60NOK
Spread / Average Target
+23.56%

Quarterly revenue - Rate of surprise