Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Telenor ASA's Enterprise Value is $24,665 Mil.
Telenor ASA's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $2,665 Mil. Therefore, Telenor ASA's EV-to-EBIT ratio for today is 9.26.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Telenor ASA's Enterprise Value is $24,665 Mil.
Telenor ASA's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $4,369 Mil. Therefore, Telenor ASA's EV-to-EBITDA ratio for today is 5.65.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Telenor ASA's Enterprise Value is $24,665 Mil.
Telenor ASA's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was $7,910 Mil. Therefore, Telenor ASA's EV-to-Revenue ratio for today is 3.12.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Telenor ASA's Enterprise Value is $24,665 Mil.
Telenor ASA's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $1,762 Mil. Therefore, Telenor ASA's EV-to-FCF ratio for today is 14.00.
*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.
Telenor ASA (OTCPK:TELNF) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Telenor ASA's current Enterprise Value is $24,665 Mil.
Telenor ASA's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,665 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Telenor ASA's current Enterprise Value is $24,665 Mil.
Telenor ASA's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $4,369 Mil.
Telenor ASA's current Enterprise Value is $24,665 Mil.
Telenor ASA's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $7,910 Mil.
Telenor ASA's current Enterprise Value is $24,665 Mil.
Telenor ASA's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,952 Mil.
Telenor ASA's current Enterprise Value is $24,665 Mil.
Telenor ASA's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,762 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Telenor ASA Enterprise Value Related Terms
Telenor ASA Enterprise Value Historical Data
* Premium members only.
The historical data trend for Telenor ASA's Enterprise Value can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Telecom Services subindustry, Telenor ASA's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Telenor ASA Enterprise Value vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Telenor ASA's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Telenor ASA's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Telenor ASA's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Telenor ASA (TELNF) has a Enterprise Value of $24,665 Mil as of Jun. 27, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Telenor ASA and its competitors.
Is Telenor ASA's Enterprise Value too high?
Telenor ASA's current Enterprise Value is $24,665 Mil. Overall, Telenor ASA has a GF Score™ of 58/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Telenor ASA's Enterprise Value compare to TMUS and VZ?
Telenor ASA's Enterprise Value of $24,665 Mil can be compared against companies in the Telecommunication Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Telecommunication Services company?
A good Enterprise Value depends on the Telecommunication Services industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Telenor ASA and its competitors. Telenor ASA's current Enterprise Value is $24,665 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Telenor ASA stock overvalued right now?
Based on GuruFocus' analysis, Telenor ASA (TELNF) is currently considered Modestly Overvalued. The stock's GF Value™ is $14.32, compared to a current price of $16.11 — trading 12.5% above its estimated fair value. The current Enterprise Value is $24,665 Mil. Telenor ASA's overall GF Score™ is 58/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Telenor ASA (TELNF), the current Enterprise Value is $24,665 Mil as of Jun. 27, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Telenor ASA (TELNF) Overvalued in 2026?
Based on GuruFocus' analysis, Telenor ASA stock appears to be overvalued.
The current stock price of $16.11 is trading 12.5% above its estimated GF Value™ of $14.32.
GuruFocus considers Telenor ASA to be Modestly Overvalued.
Key valuation signals for TELNF:
Enterprise Value: $24,665 Mil
GF Value™: $14.32 vs. price of $16.11 (12.5% above fair value)
No single metric tells the full story. See the TELNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Telenor is an international provider of telecommunications services. It is the incumbent dominant telecom operator in Norway, and the Norwegian government holds a stake of more than 50% in the firm. Telenor also operates in other Nordic countries like Sweden, Denmark, and Finland, and owns several businesses in Asia. Most of Telenor's operations are mobile businesses, although it also has some fixed-line operations in Nordic European countries.
58GF Score
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