Telenor ASA (TELNF)
Communications · OQX
Price as at 1 Oct 2026, 09:30 UTC. Quotes are delayed.
Fundamentals
Valuation and ratings
Telenor ASA trades at $13.13, which is 21% above the $10.37 our fair value estimate 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
No individual payments are on record for this listing, so the current facts above are all we can honestly show.
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.
Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.
TELNF passes 3 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
TELNF peers
The largest companies in the same industry (Telecom Services), then in the same sector.
- NTTYY NTT, Inc.
- AMXOF América Móvil, S.A.B. de C.V.
- KDDIF KDDI Corporation
- SCMWY Swisscom AG
- VOD.L Vodafone Group Public Limited Company
- MTNOY MTN Group Limited
- TEFOF Telefónica, S.A.
- MTN.JO MTN Group Limited
Every communications company we cover is on the Communications hub.
Common questions
Is Telenor ASA (TELNF) undervalued?
Against our fair value estimate of $10.37, TELNF at $13.13 is 21% above fair value. That is one model's answer, not a recommendation. It is built from normalized earning power with growth capped deliberately low, which understates companies whose value is mostly future growth.
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.
Where does SteadyShares get its TELNF data?
Fundamentals for TELNF come from company filings and exchange data, as listed on OQX; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 1 Oct 2026, 09:30 UTC and is delayed. Our data quality score for this company is 100/100, which is the share of the inputs behind our scores that were actually available rather than assumed. Metrics we do not hold are left out of the page rather than estimated.
The full research page for TELNF, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
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.