Tele2 AB
STO:TEL2 B

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Tele2 AB
STO:TEL2 B
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Price: 181.9 SEK 3.94% Market Closed
Market Cap: kr126.3B

Relative Value

The Relative Value of one TEL2 B stock under the Base Case scenario is 156 SEK. Compared to the current market price of 181.9 SEK, Tele2 AB is Overvalued by 14%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

TEL2 B Relative Value
Base Case
156 SEK
Overvaluation 14%
Relative Value
Price
Worst Case
Base Case
Best Case

Multiples Across Competitors

TEL2 B Competitors Multiples
Tele2 AB Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
SE
Tele2 AB
STO:TEL2 B
126.2B SEK 4.2 27.5 11.1 20.7
ZA
MTN Group Ltd
JSE:MTN
337.1B ZAR 1.6 44.7 7.3 7.3
ZA
Vodacom Group Ltd
JSE:VOD
297.4B ZAR 1.9 15.8 5.5 9
US
T-Mobile US Inc
NASDAQ:TMUS
221.1B USD 2.6 18.6 9.3 15.4
CN
China Mobile Ltd
SSE:600941
1.3T CNY 1.2 8.9 6.8 6.8
JP
SoftBank Group Corp
TSE:9984
24.2T JPY 3.2 7.9 22.3 52.5
IN
Bharti Airtel Ltd
NSE:BHARTIARTL
11.6T INR 5.7 38.2 11 19.9
MX
America Movil SAB de CV
BMV:AMXB
1.1T MXN 1.2 16.9 4.6 8.9
JP
SoftBank Corp
TSE:9434
10.2T JPY 1.5 18.8 7.8 13.9
JP
KDDI Corp
TSE:9433
9.7T JPY 1.6 13.6 6.4 10.5
UK
Vodafone Group PLC
LSE:VOD
27.2B GBP 0.8 -7.1 4 14.1
P/E Multiple
Earnings Growth PEG
SE
Tele2 AB
STO:TEL2 B
Average P/E: 21.1
27.5
11%
2.5
ZA
M
MTN Group Ltd
JSE:MTN
44.7
N/A N/A
ZA
V
Vodacom Group Ltd
JSE:VOD
15.8
19%
0.8
US
T-Mobile US Inc
NASDAQ:TMUS
18.6
14%
1.3
CN
China Mobile Ltd
SSE:600941
8.9
5%
1.8
JP
SoftBank Group Corp
TSE:9984
7.9
-17%
N/A
IN
Bharti Airtel Ltd
NSE:BHARTIARTL
38.2
16%
2.4
MX
America Movil SAB de CV
BMV:AMXB
16.9
-35%
N/A
JP
SoftBank Corp
TSE:9434
18.8
7%
2.7
JP
KDDI Corp
TSE:9433
13.6
11%
1.2
UK
Vodafone Group PLC
LSE:VOD
Negative Multiple: -7.1 N/A N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
SE
Tele2 AB
STO:TEL2 B
Average EV/EBITDA: 8.7
11.1
5%
2.2
ZA
M
MTN Group Ltd
JSE:MTN
7.3
23%
0.3
ZA
V
Vodacom Group Ltd
JSE:VOD
5.5
11%
0.5
US
T-Mobile US Inc
NASDAQ:TMUS
9.3
10%
0.9
CN
China Mobile Ltd
SSE:600941
6.8
33%
0.2
JP
SoftBank Group Corp
TSE:9984
22.3
20%
1.1
IN
Bharti Airtel Ltd
NSE:BHARTIARTL
11
19%
0.6
MX
America Movil SAB de CV
BMV:AMXB
4.6
7%
0.7
JP
SoftBank Corp
TSE:9434
7.8
5%
1.6
JP
KDDI Corp
TSE:9433
6.4
4%
1.6
UK
Vodafone Group PLC
LSE:VOD
4
-5%
N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
SE
Tele2 AB
STO:TEL2 B
Average EV/EBIT: 16.3
20.7
8%
2.6
ZA
M
MTN Group Ltd
JSE:MTN
7.3
37%
0.2
ZA
V
Vodacom Group Ltd
JSE:VOD
9
15%
0.6
US
T-Mobile US Inc
NASDAQ:TMUS
15.4
11%
1.4
CN
China Mobile Ltd
SSE:600941
6.8
6%
1.1
JP
SoftBank Group Corp
TSE:9984
52.5
18%
2.9
IN
Bharti Airtel Ltd
NSE:BHARTIARTL
19.9
28%
0.7
MX
America Movil SAB de CV
BMV:AMXB
8.9
8%
1.1
JP
SoftBank Corp
TSE:9434
13.9
N/A N/A
JP
KDDI Corp
TSE:9433
10.5
N/A N/A
UK
Vodafone Group PLC
LSE:VOD
14.1
2%
7.1