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Telenor ASA
LSE:0G8C

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Telenor ASA
LSE:0G8C
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Price: 164.4 NOK 1.64% Market Closed
Market Cap: kr230.1B

EV/EBIT

16.2
Current
13%
More Expensive
vs 3-y average of 14.3

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
16.2
=
Enterprise Value
kr301.4B
/
EBIT
kr18.2B

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
16.2
=
Enterprise Value
kr301.4B
/
EBIT
kr18.2B

Valuation Scenarios

Telenor ASA is trading above its 3-year average

If EV/EBIT returns to its 3-Year Average (14.3), the stock would be worth kr145.25 (12% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-17%
Maximum Upside
No Upside Scenarios
Average Downside
14%
Scenario EV/EBIT Value Implied Price Upside/Downside
Current Multiple 16.2 kr164.4
0%
3-Year Average 14.3 kr145.25
-12%
5-Year Average 13.6 kr137.65
-16%
Industry Average 14.2 kr144.01
-12%
Country Average 13.4 kr135.99
-17%

Forward EV/EBIT
Today’s price vs future ebit

Today's Enterprise Value EBIT Forward EV/EBIT
kr301.4B
/
Jan 2026
kr18.2B
=
16.2
Current
kr301.4B
/
Dec 2026
kr19.8B
=
15.2
Forward
kr301.4B
/
Dec 2027
kr20.9B
=
14.4
Forward
kr301.4B
/
Dec 2028
kr21.9B
=
13.8
Forward
kr301.4B
/
Dec 2029
kr22.7B
=
13.3
Forward
kr301.4B
/
Dec 2030
kr23B
=
13.1
Forward

Forward EV/EBIT shows whether today’s EV/EBIT still looks high or low once future ebit are taken into account.

Peer Comparison

All Multiples
EV/EBIT
P/E
All Countries
Close
Market Cap EV/EBIT P/E
NO
Telenor ASA
LSE:0G8C
223.6B NOK 16.2 32.2
US
Verizon Communications Inc
NYSE:VZ
195.6B USD 9.8 11.4
US
AT&T Inc
NYSE:T
182.5B USD 11.9 8.6
DE
Deutsche Telekom AG
XETRA:DTE
133.6B EUR 9.4 13.9
CN
China Telecom Corp Ltd
SSE:601728
545.4B CNY 11.9 16.4
JP
Nippon Telegraph and Telephone Corp
TSE:9432
12.5T JPY 10.2 11.6
SG
Singapore Telecommunications Ltd
SGX:Z74
76.5B SGD 57.5 12.4
FR
Orange SA
PAR:ORA
46.9B EUR 17.3 87.2
SA
Saudi Telecom Company SJSC
SAU:7010
189.1B SAR 12.9 12.8
CH
Swisscom AG
SIX:SCMN
34.4B CHF 24.6 27.7
AU
Telstra Group Ltd
F:5KB
36.7B EUR 20.5 27

Market Distribution

In line with most companies in Norway
Percentile
64rd
Based on 487 companies
64rd percentile
16.6
Low
0.2 — 3.6
Typical Range
3.6 — 22.2
High
22.2 —
Distribution Statistics
Norway
Min 0.2
30th Percentile 3.6
Median 13.4
70th Percentile 22.2
Max 40 612.5

Telenor ASA
Glance View

Telenor ASA, a renowned name in the telecommunications sector, has long been an innovator in providing connectivity across the globe. Rooted in Norway, the company traces its history back to the 19th century as a pioneer in telegraph services. Today, it stands as a testament to adaptability and strategic foresight, trekking alongside the digital revolution with conviction. As a major telecommunications operator, Telenor seamlessly delivers a variety of services from mobile and fixed-line telephony to broadband and data, supported by robust digital infrastructures. They extend their reach across Scandinavia, Eastern Europe, and Asia, underscoring their influence in emerging markets with a mix of high-tech and local insight. Monetizing its operations, Telenor’s primary revenue stream flows from its vast subscriber base that spans several continents. By providing voice, messaging, and data services, they generate income through monthly subscription fees, prepaid packages, and data consumption charges. A notable portion of their income also comes from value-added services such as digital content, cloud, and cybersecurity solutions. Telenor leverages partnerships and joint ventures in local markets to augment its growth, designing products that cater to the unique needs of diverse populations. Furthermore, their investment in network modernization fosters efficient data management, ensuring a steady stream of revenue and positioning them as a leader in the race toward 5G technology, thus securing their economic position in the global telecommunications landscape.

0G8C Intrinsic Value
176.98 NOK
Undervaluation 7%
Intrinsic Value
Price kr164.4
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