Telenor ASA

Telenor ASA

11.75
EUR
+0.13
(+1.12%)
1.16EPS
14.10P/E
17.09BMarket Cap
Oct 28Next Earn

Total Valuation

EUR

As of June 30, 2026, Telenor ASA carries a market capitalization of 17.09B, placing it among publicly traded companies globally. Its enterprise value stands at 21.71B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap17.09B
Enterprise Value21.71B

Important Dates

Telenor ASA's next confirmed earnings release is scheduled for October 28, 2026.

Earnings Date10/28/2026

Share Statistics

As of June 30, 2026, Telenor ASA has 1.36B shares outstanding.

Shares Outstanding1.36B

Valuation Ratios

As of June 30, 2026, Telenor ASA trades at a trailing price-to-earnings ratio of 14.10. The price-to-sales ratio is 2.57, and the price-to-book ratio stands at 3.07.

PE Ratio14.10
PS Ratio2.57
PB Ratio3.07
P/TBV Ratio6.76
P/FCF Ratio12.75
P/OCF Ratio7.24

Enterprise Valuation

As of June 30, 2026, Telenor ASA trades at an EV/EBITDA multiple of 7.34 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 3.26 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 14.48 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. Telenor ASA trades at an EV/FCF ratio of 13.76, comparing the total takeover cost of the business to the cash it actually generates for all capital providers. These enterprise value multiples are built on an enterprise value of 21.71B versus a market cap of 17.09B, with the gap driven by net debt and cash on the balance sheet.

EV / Sales3.26
EV / EBITDA7.34
EV / EBIT14.48
EV / FCF13.76

Financial Position

As of June 30, 2026, Telenor ASA maintains a current ratio of 1.32, meaning it holds 1.3x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 128.16, indicating elevated leverage, while an interest coverage ratio of 10.25 demonstrates strong ability to service its debt obligations.

Current Ratio1.32
Quick Ratio0.97
Debt / Equity128.16
Debt / EBITDA2.61
Interest Coverage10.25

Financial Efficiency

EUR

Over the twelve months ended June 30, 2026, Telenor ASA posted a return on equity (ROE) of 20.02, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 8.32 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 6.44, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 9.14, useful for judging operating efficiency across full business cycles. The company generates approximately 666,151.88 in revenue per employee across its workforce of 10,000.00, a quick read on workforce productivity versus industry peers. Inventory turnover of 18.08 indicates how many times Telenor ASA sells and replaces its inventory over a year, a key working capital efficiency ratio.

Return on Equity (ROE)20.02
Return on Assets (ROA)6.44
Return on Invested Capital (ROIC)8.32
Return on Capital Employed (ROCE)9.14
Revenue Per Employee666,151.88
Employee Count10,000.00
Inventory Turnover18.08

Taxes

EUR

Over the twelve months ended June 30, 2026, Telenor ASA recorded 341.59M in income tax expense. That works out to an effective tax rate of 17.80, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 1.92B, leaving 1.21B in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax341.59M
Effective Tax Rate17.80

Stock Price Statistics

EUR

As of the close on October 14, 2026, Telenor ASA's stock has declined approximately 17.66% over the past 52 weeks. The 50-day moving average sits at 12.16, while the 200-day moving average is 13.49.

52-Week Price Change-17.66%
50-Day Moving Average12.16
200-Day Moving Average13.49

Income Statement

EUR

Over the twelve months ended June 30, 2026, Telenor ASA generated 6.66B in revenue and converted that into 1.21B in net income, yielding earnings per share of 1.16. EBITDA reached 2.96B, while operating income came in at 1.54B.

Revenue6.66B
Gross Profit5.16B
Operating Income1.54B
Pretax Income1.92B
Net Income1.21B
EBITDA2.96B
EBIT1.50B
Earnings Per Share (EPS)1.16

Balance Sheet

EUR

As of June 30, 2026, Telenor ASA holds 3.55B in cash and equivalents against 7.72B in total debt, resulting in a net debt position of 3.59B. Total book value stands at 5.57B, with working capital of 1.18B providing operational flexibility.

Cash & Cash Equivalents3.55B
Total Debt7.72B
Net Debt3.59B
Equity (Book Value)5.57B
Book Value Per Share4.08
Working Capital1.18B

Cash Flow

EUR

Telenor ASA produced 2.36B in operating cash flow over the twelve months ended June 30, 2026. After subtracting -1.02B in capital expenditures, free cash flow totaled 1.34B - equivalent to 0.98 per share.

Operating Cash Flow2.36B
Capital Expenditures-1.02B
Free Cash Flow1.34B
FCF Per Share0.98

Margins

Over the twelve months ended June 30, 2026, Telenor ASA posted a gross margin of 77.50, reflecting its pricing power and cost economics. The operating margin of 23.12 and net profit margin of 18.19 provide insight into operational efficiency.

Gross Margin77.50
Operating Margin23.12
Pretax Margin28.81
Profit Margin18.19
EBITDA Margin44.38

Dividends & Yields

EUR

Over the twelve months ended June 30, 2026, Telenor ASA paid dividends of 1.25 per share. The dividend payout ratio of 101.09 exceeds 100%, meaning the company is distributing more than it earns and funding the dividend from cash reserves, asset sales, or borrowing, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield stands at 7.84, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield reaches 15.13, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to Telenor ASA shareholders.

Dividend Per Share1.25
Payout Ratio101.09
Shareholder Yield15.13
FCF Yield7.84

Stock Splits

Telenor ASA's most recent stock split took place on December 4, 2001 with a 10:11 split ratio.

Last Split Date12/4/2001
Split Ratio10:11

Scores

As of June 30, 2026, Telenor ASA has an Altman Z-Score of 2.37, near the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score2.37