Valuation: Telenor ASA

Market Cap 182B 19.56B 16.76B 15.68B 14.35B 26.93B 1,872B 27.29B 185B 72.24B 940B 73.45B 71.85B 3,110B P/E 2026 *
12.6x
P/E 2027 * 14.6x
Enterprise Value 237B 25.53B 21.87B 20.46B 18.73B 35.15B 2,443B 35.62B 242B 94.28B 1,227B 95.86B 93.78B 4,059B EV / Sales 2026 *
3.2x
EV / Sales 2027 * 3.19x
Free-Float
46%
Yield 2026 *
7.34%
Yield 2027 * 7.44%
1 day+0.52%
1 week-0.37%
Current month+0.22%
1 month+1.21%
3 months-14.53%
6 months-22.75%
Current year-8.59%
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 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.
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.($)
+0.52%-0.37%-19.27%+23.71% 19.48B
+1.68%-2.85% - - 1,766B
+0.78%-0.09%-29.33%+34.60% 194B
-2.45%-5.74%+41.17%+223.73% 193B
+0.62%+1.71%-14.01%+79.54% 172B
+1.90%+3.02%+9.85%+39.56% 68.61B
-0.72%-3.62%+32.40%+66.50% 37.06B
+0.56%-2.70%+23.29%+62.16% 32.43B
+2.02%-7.26%-42.02%+5.06% 22.22B
-1.30%-1.26%+4.46%+34.49% 17.73B
Average +0.36%-2.21%+0.73%+63.26% 252.4B
Weighted average by Cap. +1.08%-3.93%+1.65%+95.14%

Financials

2026 *2027 *
Net sales 74.22B 7.98B 6.83B 6.39B 5.85B 10.99B 763B 11.13B 75.55B 29.46B 383B 29.96B 29.31B 1,268B 74.63B 8.02B 6.87B 6.43B 5.89B 11.05B 768B 11.19B 75.97B 29.63B 386B 30.13B 29.47B 1,275B
Net income 15.32B 1.65B 1.41B 1.32B 1.21B 2.27B 158B 2.3B 15.6B 6.08B 79.16B 6.18B 6.05B 262B 12.19B 1.31B 1.12B 1.05B 961M 1.8B 125B 1.83B 12.41B 4.84B 62.96B 4.92B 4.81B 208B
Net Debt 55.52B 5.97B 5.11B 4.78B 4.38B 8.22B 571B 8.33B 56.52B 22.04B 287B 22.41B 21.92B 949B 56.14B 6.04B 5.17B 4.84B 4.43B 8.31B 577B 8.42B 57.15B 22.29B 290B 22.66B 22.17B 959B
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
22/08/26 NOK 134.10 +0.52% 1,160,508
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
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
159.55NOK
Spread / Average Target
+19.60%

Quarterly revenue - Rate of surprise