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Telenor ASA
OSE:TEL

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Telenor ASA
OSE:TEL
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Price: 152.5 NOK 1.46% Market Closed
Market Cap: kr208.7B

EV/IC

1.5
Current
17%
More Expensive
vs 3-y average of 1.3

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
1.5
=
Enterprise Value
kr301.4B
/
Invested Capital
kr183.2B

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
1.5
=
Enterprise Value
kr301.4B
/
Invested Capital
kr183.2B

Valuation Scenarios

Telenor ASA is trading above its 3-year average

If EV/IC returns to its 3-Year Average (1.3), the stock would be worth kr130.78 (14% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-56%
Maximum Upside
No Upside Scenarios
Average Downside
21%
Scenario EV/IC Value Implied Price Upside/Downside
Current Multiple 1.5 kr152.5
0%
3-Year Average 1.3 kr130.78
-14%
5-Year Average 1.4 kr141.67
-7%
Industry Average 1.4 kr142.02
-7%
Country Average 0.7 kr66.88
-56%

Forward EV/IC
Today’s price vs future invested capital

Not enough data available to calculate forward EV/IC

Peer Comparison

All Multiples
EV/IC
P/E
All Countries
Close
Market Cap EV/IC P/E
NO
Telenor ASA
OSE:TEL
208.7B NOK 1.5 29.9
US
Verizon Communications Inc
NYSE:VZ
201.1B USD 0.9 11.6
US
AT&T Inc
NYSE:T
181.9B USD 0.8 8.5
DE
Deutsche Telekom AG
XETRA:DTE
133.4B EUR 0.9 13.9
CN
China Telecom Corp Ltd
SSE:601728
551.8B CNY 0.8 16.7
JP
Nippon Telegraph and Telephone Corp
TSE:9432
12.5T JPY 0.7 11.7
SG
Singapore Telecommunications Ltd
SGX:Z74
75.8B SGD 2.1 12.2
FR
Orange SA
PAR:ORA
47.2B EUR 0.8 87.8
SA
Saudi Telecom Company SJSC
SAU:7010
189.1B SAR 1.6 12.8
CH
Swisscom AG
SIX:SCMN
34.3B CHF 1.5 27.2
AU
Telstra Corporation Ltd
ASX:TLS
60.4B AUD 1.9 26.7

Market Distribution

Higher than 72% of companies in Norway
Percentile
72nd
Based on 675 companies
72nd percentile
1.5
Low
0 — 0.3
Typical Range
0.3 — 1.4
High
1.4 —
Distribution Statistics
Norway
Min 0
30th Percentile 0.3
Median 0.7
70th Percentile 1.4
Max 1 148.2

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.

TEL Intrinsic Value
167.83 NOK
Undervaluation 9%
Intrinsic Value
Price kr152.5
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