Telenor ASA (TELNF)

Communication Services · OQX

USD13.860.00% today

Fundamentals

Market capUSD20.31B
P/E ratio12.2
Dividend yield6.83%
Revenue growth (YoY)-5.1%
Profit margin15.7%
Return on equity25.0%
52-week rangeUSD11.73 to USD19.10

Valuation and ratings

DCF fair valueUSD10.37
Upside to fair value-25.2%
Moat score67/100
Overall rating40/100, Reduce

Fair value: USD10.37 (-25.2%), see how we got there

Telenor ASA trades at USD13.86, which is 25% above the USD10.37 our discounted cash flow model puts on the business. On that measure it screens as expensive, which is not the same as saying it will fall.

Our moat model scores it 67 out of 100, which is a moat, but not a deep one. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.

It changes hands at 12.2 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.

TELNF dividend history

Dividend yield6.83%
Ex-dividend date15 Oct 2026
Dividend payment date15 May 2018

No individual payments are on record for this listing, so the current facts above are all we can honestly show.

TELNF earnings and analyst estimates

Next earnings date16 Jul 2026

Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.

About Telenor ASA

Telenor ASA, together with its subsidiaries, operates as a telecommunication company worldwide. It operates through four segments: Nordics, Asia, Infrastructure, and Amp. The company offers mobile and broadband telecom products and services, including mobile, broadband and TV services; other services, including solutions for business customers like managed services, virtual private networks, software defined networks, and network as a service; IoT solutions; and mobile maritime communication for cruise and ferry, fisheries, and oil and gas industry. It also provides hardware comprising mobile phones, broadband modems, and TV boxes; wholesale services, such as national and international roaming and interconnect, and solutions for mobile and fixed virtual network operators and service providers, as well as leased lines and colocation at towers and data centres. In addition, the company provides cloud storage service for private use and businesses that allows to back up, store, synchronize, and share files over the Internet. Telenor ASA was founded in 1855 and is headquartered in Fornebu, Norway.

Industry: Telecom ServicesEmployees: 9,819HQ: Norway

TELNF passes 3 of our 30 screens today

Each screen prints the exact criteria it used, and the circumstances in which it is wrong.

Common questions

Is Telenor ASA (TELNF) undervalued?

Against our discounted cash flow estimate of USD10.37, TELNF at USD13.86 is 25% above fair value. That is one model's answer, not a recommendation, and most of a DCF's output sits in a terminal value nobody can forecast.

What is TELNF's P/E ratio?

TELNF trades at 12.2 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.

Does Telenor ASA (TELNF) pay a dividend?

Yes. Telenor ASA yields 6.83% at the current share price. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.

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Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.