Valuation: Telenor ASA

Market Cap 173B 17.99B 15.98B 14.94B 13.62B 25.64B 1,732B 25.99B 181B 69.98B 882B 67.54B 66.08B 2,833B P/E 2026 *
11.3x
P/E 2027 * 14x
Enterprise Value 226B 23.47B 20.85B 19.49B 17.76B 33.44B 2,260B 33.9B 236B 91.3B 1,151B 88.12B 86.21B 3,696B EV / Sales 2026 *
3.05x
EV / Sales 2027 * 3.09x
Free-Float
46%
Yield 2026 *
7.71%
Yield 2027 * 7.82%
1 day+0.87%
1 week-0.39%
Current month-0.16%
1 month-5.60%
3 months-9.28%
6 months-24.75%
Current year-12.75%
1 week 126.9
Extreme 126.9
130.9
1 month 126.9
Extreme 126.9
137.1
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 01/12/2024
Director of Finance/CFO 58 01/02/2025
Chief Tech/Sci/R&D Officer - 25/11/2024
Director TitleAgeSince
Director/Board Member 67 11/05/2020
Director/Board Member 62 27/05/2021
Chairman 65 10/05/2023
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.($)
+0.87%-0.39%-22.24%+5.31% 17.99B
-1.85%+0.03% - - 2,010B
-5.83%+2.60%+30.81%+303.84% 242B
-0.83%-2.19%-30.67%+15.48% 173B
-0.41%-4.52%-11.80%+61.78% 167B
-0.98%-2.79%-6.77%+87.93% 113B
-0.28%-1.94%-29.86%-51.06% 77.01B
-1.41%-3.46%+12.67%+41.39% 73.29B
-1.18%-4.69%+25.12%+28.50% 70.86B
+2.32%+0.52%+48.73%+64.61% 37.75B
Average -0.46%-1.37%+1.78%+61.98% 298.19B
Weighted average by Cap. -0.12%-0.22%+1.31%+103.09%

Financials

2026 *2027 *
Net sales 73.97B 7.69B 6.83B 6.38B 5.82B 10.95B 740B 11.1B 77.24B 29.9B 377B 28.86B 28.23B 1,211B 74.08B 7.7B 6.84B 6.39B 5.83B 10.97B 741B 11.12B 77.36B 29.95B 378B 28.91B 28.28B 1,213B
Net income 15.14B 1.57B 1.4B 1.31B 1.19B 2.24B 152B 2.27B 15.81B 6.12B 77.17B 5.91B 5.78B 248B 12.17B 1.26B 1.12B 1.05B 957M 1.8B 122B 1.83B 12.71B 4.92B 62B 4.75B 4.64B 199B
Net Debt 52.73B 5.48B 4.87B 4.55B 4.15B 7.81B 528B 7.92B 55.07B 21.32B 269B 20.58B 20.13B 863B 56.05B 5.83B 5.17B 4.84B 4.41B 8.3B 561B 8.42B 58.54B 22.66B 286B 21.87B 21.4B 917B
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
02/10/26 NOK 128.00 +0.87% 244,502
01/10/26 NOK 126.90 -1.01% 1,951,928
30/09/26 NOK 128.20 -0.62% 2,006,100
29/09/26 NOK 129.00 -1.00% 1,753,132
28/09/26 NOK 130.30 +1.40% 1,351,269
Trader
Investor
Global
Quality
ESG MSCI
AAA
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
20
Last Close Price
126.90NOK
Average target price
154.80NOK
Spread / Average Target
+21.99%

Quarterly revenue - Rate of surprise