Stocktoria
Telenor ASA TEL.OL
Telenor ASA statistics & valuation
Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value (kr 77.39); a green figure means the price is below it.
Profitability & efficiency
Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).
P / E vs its own history
Telenor ASA trades at about 26.2× earnings — above its 10-year norm (10-year range 3.3×–31.5×, median 11.8×).
Shaded band = 10-year range (3.3×–31.5×); dot = today's 26.2×.
Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.
Key ratios (by fiscal year)
| Ratio | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Gross margin | 77.5% | 77.1% | 76.3% | 76.8% |
| Operating margin | 23.7% | 22.9% | 22.4% | 21.7% |
| Net margin | 9.2% | 24.3% | 17.1% | 58.4% |
| FCF margin | 25.2% | 24.0% | 17.9% | 25.9% |
| Return on assets | 3.2% | 8.0% | 6.3% | 18.8% |
| Return on equity | 10.0% | 24.2% | 21.3% | 74.7% |
| Debt / equity | 1.04× | 0.94× | 1.13× | 1.31× |
| Current ratio | 0.69 | 0.59 | 0.86 | 0.60 |
Computed from company filings · NO · as of 2025-12-31. Figures in NOK. Facts plus Stocktoria's own computed scores — not investment advice.