Telenor ASA (TEQA) AI Stock Analysis
Telenor ASA
(Frankfurt:TEQA)
No summary available
Telenor ASA (TEQA) vs. iShares MSCI Germany ETF (EWG)
- Market Cap
- EUR 19.62B
- Dividend Yield
- 7.06%
- Average Volume (3M)
- ―
- Price to Earnings (P/E)
- 9.1
- Beta (1Y)
- 0.16
- Revenue Growth
- -3.69%
- EPS Growth
- 120.70%
- Country
- Germany
- Employees
- 10,000
- Sector
- Communication Services
- Sector Strength
- 60
- Industry
- Telecommunications Services
Telenor ASA Business Overview & Revenue Model
Company Description
Telenor ASA engages in the provision of telecommunications, data, and media services. It operates through the following segments: Nordics, Asia, Infrastructure, Amp, and Other. The Nordics segment focuses on mobile and fixed operations in Norway, Swe...
Telenor ASA Earnings Call Summary
The call was predominantly positive. Telenor reported a return to group service revenue growth, strong cash flow and earnings growth, sequential EBITDA improvement, a record Swedish margin, improved momentum in Norway and Finland, a strong balance sheet, accelerated buybacks and a reaffirmed outlook. These positives outweighed the challenges, which included intense competition, Norway's subscriber decline, Denmark's EBITDA pressure, underlying weakness in Finland, Bangladesh's macroeconomic conditions, higher Q4 promotional spending and ongoing Myanmar legal matters.
Q3-2026 Updates
Positive Updates
Negative Updates
Company Guidance
For full year 2026, Telenor expects the 4 Nordic telcos in aggregate, excluding the Q2 TVVAT items, to deliver flat to low single-digit growth in both service revenues and EBITDA, with CapEx to sales of around 14%; for the group, it expects flat to slightly negative EBITDA growth and free cash flow before M&A of around NOK 10 billion, excluding dividends from associates and incremental spectrum payments. Incremental net savings from transformation efficiencies are set to materialize from '27 onwards, including transformation benefits in Denmark, which will follow from mid-'27, while the company retains an ambition of 0 to minus 2% OpEx reduction towards 2030. It expects a campaign-driven finish to the year, with Norway and Denmark more promotional quarter-over-quarter and notable sales and marketing spend towards year-end; Grameenphone’s fourth quarter performance is expected to be more in line with the first half quarters than with Q3, and KNL growth is expected to continue at a solid rate in coming years, although EBITDA growth may be limited in Q4. The NOK 15 billion buyback program is now targeted for completion within 2 years rather than 3, subject to sufficient stock liquidity; the company also expects the NOK 0.8 billion working capital timing in Bangladesh to be reversed in the fourth quarter and said further spectrum payments this year are possible depending on the ongoing spectrum renewal process in Bangladesh.
Telenor ASA Peers Comparison
Overall Rating
TIGO73.5Outperform
KT66Neutral
TKC66Neutral
SKM65Neutral
VOD63Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TIGO | 74Outperform | $13.33B | 19.99 | 21.02% | 5.34% | 29.10% | -29.84% |
| KT | 66Neutral | $8.31B | 8.01 | 7.21% | 4.85% | 5.40% | 39.37% |
| TKC | 66Neutral | $3.94B | 10.00 | 7.05% | 4.81% | 16.11% | 2.15% |
| SKM | 65Neutral | $11.85B | 22.97 | 5.74% | 2.10% | -7.65% | -32.07% |
| VOD | 63Neutral | $36.94B | -72.26 | -0.79% | 3.38% | 16.69% | 87.12% |
| Sector * | 60Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% |
* Communication Services Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| DE:TEQA | Telenor ASA (ADR) | 12.40 | 0.33 | 2.72% | |
| KT | KT Corporation | 17.28 | -1.42 | -7.59% | |
| SKM | Sk Telecom | 30.28 | 10.18 | 50.65% | |
| TKC | Turkcell Iletisim Hizmetleri As | 4.58 | -1.17 | -20.36% | |
| VOD | Vodafone Group Plc | 15.88 | 4.93 | 44.98% | |
| TIGO | Millicom International Cellular Sa | 79.57 | 35.69 | 81.34% |
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.