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Telenor ASATELNF -2.48%59 Equity-to-Asset is 0.31 as of Jun. 2026, which is 19% above its 10-year median of 0.26. GuruFocus rates TELNF with a GF Score™ of 59/100 and a GF Value™ of $14.02 (Fairly Valued). The stock has 3 warning signs investors should review. Among 371 Telecommunication Services companies, Telenor ASA ranks worse than 64.69% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Telenor ASA's Total Stockholders Equity for the quarter that ended in Jun. 2026 was $6,572 Mil. Telenor ASA's Total Assets for the quarter that ended in Jun. 2026 was $21,494 Mil.
Therefore, Telenor ASA's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.31.
The historical rank and industry rank for Telenor ASA's Equity-to-Asset or its related term are showing as below:
TELNF'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.1 Med: 0.26 Max: 0.37
Current: 0.31
During the past 13 years, the highest Equity to Asset Ratio of Telenor ASA was 0.37. The lowest was 0.10. And the median was 0.26.
TELNF's Equity-to-Asset is ranked worse than 64.69% of 371
companies
in the Telecommunication Services industry
Industry Median: 0.39
vs TELNF: 0.31
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Telenor ASA Equity-to-Asset Related Terms
Telenor ASA Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Telenor ASA's Equity-to-Asset 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 Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Telenor ASA's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Telenor ASA's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Telenor ASA's Equity to Asset Ratio 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 Equity-to-Asset of 0.31 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Telenor ASA and its competitors. This is 19% above median its historical median of 0.26. Over the past decade, Telenor ASA's Equity-to-Asset has ranged from 0.10 to 0.37. According to the industry distribution chart, Telenor ASA ranks #240 out of 371 companies in the Telecommunication Services industry, placing it in the top 64.7%.
Is Telenor ASA's Equity-to-Asset too high?
Telenor ASA's current Equity-to-Asset of 0.31 is 19% above median its 10-year median of 0.26. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 0.37. The Telecommunication Services industry median Equity-to-Asset is 0.39. Telenor ASA's value of 0.31 is 20.5% below this industry median. Based on the distribution chart, Telenor ASA ranks #240 out of 371 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, Telenor ASA has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Telenor ASA's Equity-to-Asset compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Telenor ASA ranks #240 out of 371 companies for Equity-to-Asset. This places Telenor ASA in the lower half of its industry. The industry median Equity-to-Asset is 0.39. Telenor ASA's value of 0.31 is 20.5% below this benchmark. Historically, Telenor ASA's own Equity-to-Asset has ranged from 0.10 to 0.37 over the past decade. While the company's 10-year median is 0.26 vs. the industry median of 0.39, Telenor ASA has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Telecommunication Services company?
The median Equity-to-Asset among Telecommunication Services companies is 0.39, based on 371 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Telenor ASA's current Equity-to-Asset of 0.31 is 20.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Telenor ASA and its competitors. For the Telecommunication Services industry, the median Equity-to-Asset is 0.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Telenor ASA's current Equity-to-Asset is 0.31, which is 19% above median its own 10-year median of 0.26. 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 Fairly Valued. The stock's GF Value™ is $14.02, compared to a current price of $14.58 — trading 4% above its estimated fair value. The current Equity-to-Asset is 0.31, which is 19% above median its 10-year median of 0.26 and 20.5% below the Telecommunication Services industry median of 0.39. Telenor ASA's overall GF Score™ is 59/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Telenor ASA (TELNF), the current Equity-to-Asset is 0.31 as of Jun. 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 $14.58 is trading 4% above its estimated GF Value™ of $14.02.
GuruFocus considers Telenor ASA to be Fairly Valued.
Key valuation signals for TELNF:
Equity-to-Asset: 0.31 (19% above median its 10-year median of 0.26)
GF Value™: $14.02 vs. price of $14.58 (4% above fair value)
Industry Position: 20.5% below the Telecommunication Services median (#240 of 371)
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.
59GF Score
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