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Telenor ASA (TEL.OL)
NOK147.10
+1.10 (+0.75%)
NO OSL Communication Services Telecommunications Services
Address
Snarøyveien 30 1360
Fornebu, NO
Fornebu, NO
CEO
Benedicte Schilbred Fasmer
Website
telenor.com
IPO
2000-12-04
ISIN NO0010063308
Also trades on
Oslo Stock Exchange · TEL.OL (NOK)
Other OTC · TELNF (USD)
Other OTC · TELNY (USD)
Description
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.
Market Cap & Enterprise Value
Merger & Acquisition History
No mergers or acquisitions recorded for this company.
Technical Outlook
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Signal Summary
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| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
NOK147.10
+1.10 (+0.75%)
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Volume Profile
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Liquidity & share structure
Average Volume
2M
Beta
0.25
Float Shares
629.52M
Free Float %
46.0%
Price Performance
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.92% | -2.52% | -0.92% | -14.29% | +3.42% | +3.64% | -3.45% | +32.54% | +4.64% | +8.39% | +315.57% |
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From
To
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Annual Monthly Returns
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Daily Returns Distribution
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Revenue flow
Revenue by geography
Revenue by segment
From
To
Revenue composition
From
To
By product
By geography
Financial Statements
Select metrics from the tables below to build your comparison.
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
Analyst Consensus (3 ratings, all time)
Buy
Price Targets & DCF
Current price
147.10
DCF (Unlevered)
1,738.02
+1,081.5%
DCF (Levered)
1,038.37
+605.9%
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
Ratings Trend (MoM)
30% Bullish
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 1 | -2 |
| Buy | 5 | 0 |
| Hold | 13 | +1 |
| Sell | 0 | 0 |
| Strong Sell | 1 | 0 |
Quality scores
Altman Z-Score
2.36
Grey zone
Piotroski F-Score
8 / 9
Strong
MOAT Score
6 / 10
Developing
Composite Rating
B+
Overall Score
3 / 5
Medium
DCF Score
5 / 5
High
ROE Score
4 / 5
High
ROA Score
5 / 5
High
D/E Score
1 / 5
Low
P/E Score
2 / 5
Medium
P/Book Score
2 / 5
Medium
Operational MOAT
✗ Below peers
-
Revenue growth Telecommunications Services: +7.0%-4.2% Q1'26: -7.7% (vs Q1'25)
-
EPS growth Telecommunications Services: +15.8%-55.7% Q1'26: +242.9% (vs Q1'25)
-
FCF margin FCF growth · Telecommunications Services: +29.4%+23.2% Q1'26: +15.4% (vs Q1'25)
-
EBIT margin Telecommunications Services: +14.7%+26.0% ★ Q1'26: +55.8% (vs Q1'25)
-
ROIC Telecommunications Services: +6.4%+8.5% ★ Q1'26: +29.6% (vs Q1'25)
-
Share dilution Telecommunications Services: +0.0%-0.6% ★ Q1'26: -0.2% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Telecommunications Services: 1.26×3.04× Q1'26: 1.72× (vs Q1'25)
Valuation Multiples
From
To
Price Forecast (3Y)
From
To
Theoretical Return — If Invested Today
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
Consensus Estimates
| Metric |
Dec 2001 actual |
Dec 2002 actual |
Dec 2003 actual |
Dec 2004 actual |
Dec 2005 actual |
Dec 2006 actual |
Dec 2007 actual |
Dec 2008 actual |
Dec 2009 actual |
Dec 2010 actual |
Dec 2011 actual |
Dec 2012 actual |
Dec 2013 actual |
Dec 2014 actual |
Dec 2015 actual |
Dec 2016 actual |
Dec 2017 actual |
Dec 2018 actual |
Dec 2019 actual |
Dec 2020 actual |
Dec 2021 actual |
Dec 2022 actual |
Dec 2023 actual |
Dec 2024 actual |
Dec 2025 actual |
Dec 2026 14 Rev. Ana. 11 EPS Ana. |
Dec 2027 14 Rev. Ana. 12 EPS Ana. |
Dec 2028 12 Rev. Ana. 12 EPS Ana. |
Dec 2029 11 Rev. Ana. 10 EPS Ana. |
Dec 2030 6 Rev. Ana. 5 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
45.96B
est: 42.10B (+9.2%)
|
48.73B
est: 49.62B (-1.8%)
|
53.27B
est: 53.77B (-0.9%)
|
61.77B
est: 62.28B (-0.8%)
|
68.84B
est: 69.97B (-1.6%)
|
91.08B
est: 93.38B (-2.5%)
|
92.47B
est: 93.69B (-1.3%)
|
97.19B
est: 97.42B (-0.2%)
|
97.65B
est: 99.58B (-1.9%)
|
94.84B
est: 97.25B (-2.5%)
|
98.52B
est: 100.22B (-1.7%)
|
101.72B
est: 102.92B (-1.2%)
|
104.03B
est: 105.35B (-1.3%)
|
106.54B
est: 109.84B (-3.0%)
|
128.18B
est: 127.73B (+0.3%)
|
131.43B
est: 131.59B (-0.1%)
|
124.76B
est: 124.96B (-0.2%)
|
110.36B
est: 111.05B (-0.6%)
|
113.67B
est: 116.75B (-2.6%)
|
122.81B
est: 123.34B (-0.4%)
|
110.24B
est: 110.33B (-0.1%)
|
98.95B
est: 105.90B (-6.6%)
|
80.45B
est: 80.43B (+0.0%)
|
79.93B
est: 80.23B (-0.4%)
|
76.55B
est: 79.05B (-3.2%)
|
74.42B
72.88B – 76.43B
-5.9% YoY
|
75.21B
73.38B – 77.49B
+1.1% YoY
|
76.77B
76.70B – 76.85B
+2.1% YoY
|
77.56B
75.82B – 79.79B
+1.0% YoY
|
79.22B
77.44B – 81.49B
+2.1% YoY
|
| EBITDA |
18.10B
est: 8.17B (+121.5%)
|
13.45B
est: 35.20B (-61.8%)
|
18.36B
est: 5.47B (+235.6%)
|
20.98B
est: 20.14B (+4.2%)
|
23.81B
est: 26.95B (-11.7%)
|
39.08B
est: 25.17B (+55.3%)
|
36.99B
est: 34.77B (+6.4%)
|
36.59B
est: 40.17B (-8.9%)
|
35.04B
est: 36.48B (-4.0%)
|
32.03B
est: 31.08B (+3.0%)
|
34.23B
est: 38.46B (-11.0%)
|
35.38B
est: 33.62B (+5.2%)
|
34.50B
est: 36.91B (-6.5%)
|
36.72B
est: 26.43B (+38.9%)
|
35.89B
est: 30.62B (+17.2%)
|
40.30B
est: 21.08B (+91.2%)
|
41.69B
est: 29.77B (+40.0%)
|
40.31B
est: 35.91B (+12.2%)
|
51.48B
est: 39.96B (+28.8%)
|
55.09B
est: 38.86B (+41.7%)
|
40.43B
est: 39.91B (+1.3%)
|
29.35B
est: 40.67B (-27.8%)
|
21.90B
est: 50.49B (-56.6%)
|
35.03B
est: 49.48B (-29.2%)
|
37.23B
est: 49.62B (-25.0%)
|
46.71B
45.75B – 47.97B
-5.9% YoY
|
47.21B
46.06B – 48.64B
+1.1% YoY
|
48.19B
48.14B – 48.24B
+2.1% YoY
|
48.68B
47.59B – 50.08B
+1.0% YoY
|
49.72B
48.61B – 51.15B
+2.1% YoY
|
| EBIT |
7.05B
est: 3.95B (+78.4%)
|
-318.50M
est: 2.86B (-111.1%)
|
7.58B
est: -1.27B (+699.0%)
|
6.65B
est: 8.82B (-24.6%)
|
13.96B
est: 7.46B (+87.1%)
|
23.83B
est: 12.61B (+89.0%)
|
22.66B
est: 17.77B (+27.6%)
|
22.38B
est: 15.58B (+43.6%)
|
17.39B
est: 15.65B (+11.1%)
|
22.03B
est: 13.01B (+69.3%)
|
14.58B
est: 12.88B (+13.2%)
|
13.16B
est: 10.67B (+23.2%)
|
19.61B
est: 9.89B (+98.3%)
|
21.16B
est: 21.90B (-3.4%)
|
15.33B
est: 29.55B (-48.1%)
|
20.71B
est: 23.67B (-12.5%)
|
22.06B
est: 23.78B (-7.2%)
|
20.27B
est: 16.92B (+19.8%)
|
26.96B
est: 22.04B (+22.3%)
|
28.79B
est: 27.62B (+4.2%)
|
17.19B
est: 28.37B (-39.4%)
|
12.24B
est: 28.90B (-57.7%)
|
5.36B
est: 31.45B (-83.0%)
|
18.08B
est: 30.82B (-41.3%)
|
19.93B
est: 30.91B (-35.5%)
|
29.10B
28.49B – 29.88B
-5.9% YoY
|
29.40B
28.69B – 30.30B
+1.1% YoY
|
30.02B
29.98B – 30.05B
+2.1% YoY
|
30.32B
29.64B – 31.19B
+1.0% YoY
|
30.97B
30.27B – 31.86B
+2.1% YoY
|
| Net Income |
7.07B
est: 1.22B (+477.9%)
|
-4.29B
est: 8.34B (-151.5%)
|
4.57B
est: -4.66B (+198.2%)
|
5.40B
est: 5.27B (+2.4%)
|
9.12B
est: 6.02B (+51.5%)
|
15.92B
est: 8.24B (+93.2%)
|
18.02B
est: 15.97B (+12.8%)
|
13.07B
est: 18.73B (-30.3%)
|
8.65B
est: 13.47B (-35.8%)
|
14.33B
est: 8.45B (+69.6%)
|
7.17B
est: 14.77B (-51.5%)
|
10.07B
est: 7.36B (+36.8%)
|
8.75B
est: 10.31B (-15.1%)
|
9.08B
est: 9.12B (-0.5%)
|
3.41B
est: 10.72B (-68.2%)
|
2.83B
est: 3.51B (-19.4%)
|
11.98B
est: 2.69B (+345.4%)
|
14.73B
est: 10.64B (+38.4%)
|
11.94B
est: 15.50B (-23.0%)
|
17.34B
est: 8.31B (+108.6%)
|
11.34B
est: 8.54B (+32.9%)
|
13.65B
est: 8.70B (+56.9%)
|
13.73B
est: 9.11B (+50.8%)
|
18.34B
est: 15.27B (+20.1%)
|
8.19B
est: 11.30B (-27.6%)
|
15.92B
10.54B – 18.42B
+40.9% YoY
|
12.48B
10.22B – 16.34B
-21.6% YoY
|
13.12B
11.58B – 18.37B
+5.1% YoY
|
16.18B
15.71B – 16.79B
+23.4% YoY
|
16.56B
16.08B – 17.18B
+2.3% YoY
|
| SGA |
21.49B
est: 14.23B (+51.0%)
|
10.08B
est: 14.75B (-31.6%)
|
9.59B
est: 14.18B (-32.4%)
|
14.98B
est: 15.41B (-2.8%)
|
27.80B
est: 17.16B (+62.0%)
|
11.74B
est: 11.03B (+6.4%)
|
12.47B
est: 11.78B (+5.9%)
|
13.40B
est: 12.97B (+3.3%)
|
—
est: 13.81B (-100.0%)
|
10.85B
est: 13.15B (-17.4%)
|
—
est: 13.86B (-100.0%)
|
10.73B
est: 13.48B (-20.4%)
|
10.25B
est: 13.09B (-21.7%)
|
10.85B
est: 28.90B (-62.5%)
|
13.95B
est: 36.40B (-61.7%)
|
13.66B
est: 35.91B (-62.0%)
|
11.29B
est: 12.05B (-6.4%)
|
9.64B
est: 25.05B (-61.5%)
|
7.79B
est: 27.98B (-72.2%)
|
8.94B
est: 20.85B (-57.1%)
|
7.79B
est: 21.41B (-63.6%)
|
8.11B
est: 21.82B (-62.8%)
|
3.65B
est: 4.66B (-21.7%)
|
7.34B
est: 4.57B (+60.7%)
|
—
est: 4.58B (-100.0%)
|
4.31B
4.23B – 4.43B
-5.9% YoY
|
4.36B
4.25B – 4.49B
+1.1% YoY
|
4.45B
4.45B – 4.46B
+2.1% YoY
|
4.50B
4.40B – 4.63B
+1.0% YoY
|
4.59B
4.49B – 4.72B
+2.1% YoY
|
| EPS |
3.99
est: 2.54 (+57.0%)
|
-2.42
est: 1.14 (-312.8%)
|
2.58
est: 2.61 (-1.1%)
|
3.08
est: 3.30 (-6.5%)
|
4.47
est: 4.58 (-2.4%)
|
9.44
est: 7.09 (+33.1%)
|
10.72
est: 8.11 (+32.2%)
|
7.83
est: 8.36 (-6.3%)
|
5.22
est: 6.86 (-23.9%)
|
8.69
est: 6.39 (+36.1%)
|
4.45
est: 7.19 (-38.1%)
|
5.63
est: 8.14 (-30.9%)
|
5.74
est: 10.13 (-43.3%)
|
6.03
est: 8.18 (-26.3%)
|
2.27
est: 9.63 (-76.4%)
|
1.89
est: 10.10 (-81.3%)
|
7.99
est: 11.25 (-29.0%)
|
10.00
est: 9.72 (+2.9%)
|
8.29
est: 7.83 (+5.8%)
|
11.07
est: 9.68 (+14.3%)
|
8.11
est: 7.72 (+5.1%)
|
9.75
est: 6.87 (+41.9%)
|
3.52
est: 6.58 (-46.5%)
|
13.51
est: 11.11 (+21.6%)
|
5.98
est: 8.22 (-27.3%)
|
10.70
7.70 – 13.46
+30.1% YoY
|
9.69
7.47 – 11.94
-9.5% YoY
|
10.63
8.46 – 13.42
+9.7% YoY
|
11.82
11.48 – 12.26
+11.2% YoY
|
12.10
11.75 – 12.55
+2.3% YoY
|
Historical Ratings (3M)
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-29 | B+ | 3/5 | 5/5 | 4/5 | 5/5 | 1/5 | 2/5 | 2/5 |
| 2026-05-28 | B+ | 3/5 | 5/5 | 4/5 | 5/5 | 1/5 | 2/5 | 2/5 |
| 2026-05-27 | B+ | 3/5 | 5/5 | 4/5 | 5/5 | 1/5 | 2/5 | 2/5 |
| 2026-05-26 | B+ | 3/5 | 5/5 | 4/5 | 5/5 | 1/5 | 2/5 | 2/5 |
| 2026-05-22 | B+ | 3/5 | 5/5 | 4/5 | 5/5 | 1/5 | 2/5 | 2/5 |
| 2026-05-21 | B+ | 3/5 | 5/5 | 4/5 | 5/5 | 1/5 | 2/5 | 2/5 |
| 2026-05-20 | B+ | 3/5 | 5/5 | 4/5 | 5/5 | 1/5 | 2/5 | 2/5 |
| 2026-05-19 | B+ | 3/5 | 5/5 | 4/5 | 5/5 | 1/5 | 2/5 | 2/5 |
| 2026-05-18 | B+ | 3/5 | 5/5 | 4/5 | 5/5 | 1/5 | 2/5 | 2/5 |
| 2026-05-15 | B+ | 3/5 | 5/5 | 4/5 | 5/5 | 1/5 | 2/5 | 2/5 |
| 2026-05-13 | B+ | 3/5 | 5/5 | 4/5 | 5/5 | 1/5 | 2/5 | 2/5 |
| 2026-05-12 | B+ | 3/5 | 5/5 | 4/5 | 5/5 | 1/5 | 2/5 | 2/5 |
| 2026-05-11 | B+ | 3/5 | 5/5 | 4/5 | 5/5 | 1/5 | 2/5 | 2/5 |
| 2026-05-08 | B+ | 3/5 | 5/5 | 4/5 | 5/5 | 1/5 | 2/5 | 2/5 |
| 2026-05-07 | B+ | 3/5 | 5/5 | 4/5 | 5/5 | 1/5 | 2/5 | 2/5 |
| 2026-05-06 | B+ | 3/5 | 5/5 | 4/5 | 5/5 | 1/5 | 2/5 | 2/5 |
| 2026-05-05 | B+ | 3/5 | 5/5 | 4/5 | 5/5 | 1/5 | 2/5 | 2/5 |
| 2026-05-04 | B+ | 3/5 | 5/5 | 4/5 | 5/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-30 | B+ | 3/5 | 5/5 | 4/5 | 5/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-29 | B+ | 3/5 | 5/5 | 4/5 | 5/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-28 | B | 3/5 | 5/5 | 3/5 | 4/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-27 | B | 3/5 | 5/5 | 3/5 | 4/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-24 | B | 3/5 | 5/5 | 3/5 | 4/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-23 | B | 3/5 | 5/5 | 3/5 | 4/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-22 | B | 3/5 | 5/5 | 3/5 | 4/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-21 | B | 3/5 | 5/5 | 3/5 | 4/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-20 | B | 3/5 | 5/5 | 3/5 | 4/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-17 | B | 3/5 | 5/5 | 3/5 | 4/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-16 | B | 3/5 | 5/5 | 3/5 | 4/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-15 | B | 3/5 | 5/5 | 3/5 | 4/5 | 1/5 | 2/5 | 2/5 |
Owner Earnings
Owner's Earnings (history)
From
To
Owner alignment
Owner's Earnings TTM
15.89B
OE per share TTM
11.64
Owner's Yield
7.69%
Maintenance CapEx ratio
56.65%
Maint CapEx / Avg PPE
110.0%
Ownership Overview
Ownership breakdown
Ownership breakdown not available.
At a glance
Institutional holders
—
Total invested
—
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional ownership trend
Institutional history not available.
Top institutional holders
Top holders not available.
Insider Activity
Insider Activity — Latest Quarter
No insider activity available.
Insider buys vs sells (history)
Insider history not available.
Recent insider transactions
No recent insider transactions.
Executive team
Top executives
EBIT / Employee
2.05M
Shares Outstanding
1.37B
Executive compensation
Executive compensation (annual)
Executive compensation not available.
CEO compensation breakdown
No CEO compensation history available.
Proxy statements
Proxy statements (DEF 14A)
No proxy statements available for this company yet.
Recent SEC filings
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Benedicte Schilbred Fasmer | President & Chief Executive Officer | 16M | female |
| Torbjorn Mogard Wist | Executive Vice President & Chief Financial Officer | 14M | male |
| Jon Omund Revhaug | Executive Vice President & Head of Telenor Asia | 10M | male |
| Dan Ouchterlony | EVP & Head of Telenor Amp | 9M | male |
| Jannicke Hilland | Executive Vice President & Head of Telenor Infrastructure | 7M | female |
| Sigvart Voss Eriksen | Executive VP & Head of Telenor Nordics | 6M | male |
| Rita Skjaervik | Executive Vice President and Chief People, Sustainability & External Relations Officer | 5M | female |
| Cathal Kennedy | Chief Technology Officer & Acting Executive Vice President | 5M | male |
| Sharad Chandra Mehrotra | Chief Executive Officer of Dtac Thailand | 4M | male |
| Siri Birgitte Bang Berge | General Counsel | — | female |
| Yasir Azman | Chief Executive Officer of Grameenphone | — | male |
| Frank Maao | SVP of Capital Markets & Investor Relations | — | male |
ESG Score History
No data available for this company.
Senate Trading Activity
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Community Opinion for TEL.OL
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.
