Telenor ASATELNF 58 Market Cap is $20,064 Mil as of Jun. 27, 2026. GuruFocus rates TELNF with a GF Score™ of 58/100 and a GF Value™ of $14.32 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 379 Telecommunication Services companies, Telenor ASA ranks better than 91.82% on this metric.
Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Telenor ASA's share price for the quarter that ended in Mar. 2026 was $17.21. Telenor ASA's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 1,368 Mil. Therefore, Telenor ASA's market cap for the quarter that ended in Mar. 2026 was $23,548 Mil.
Telenor ASA's quarterly market cap
declined
from Sep. 2025 ($22,227 Mil) to Dec. 2025 ($20,045 Mil) but then
increased
from Dec. 2025 ($20,045 Mil) to Mar. 2026 ($23,548 Mil).
Telenor ASA's annual market cap
declined
from Dec. 2023 ($16,067 Mil) to Dec. 2024 ($14,786 Mil) but then
increased
from Dec. 2024 ($14,786 Mil) to Dec. 2025 ($20,045 Mil).
Enterprise Value is 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 and cash equivalents. Telenor ASA's Enterprise Value for Today is $24,665 Mil.
Telenor ASA (OTCPK:TELNF) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Telenor ASA Market Cap Related Terms
Telenor ASA Market Cap Historical Data
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The historical data trend for Telenor ASA's Market Cap 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 Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Telenor ASA's Market Cap distribution charts can be found below:
* The bar in red indicates where Telenor ASA's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Telenor ASA's Market Cap 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 Market Cap of $20,064 Mil as of Jun. 27, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Telenor ASA and its competitors. According to the industry distribution chart, Telenor ASA ranks #31 out of 379 companies in the Telecommunication Services industry, placing it in the top 8.2%.
Is Telenor ASA's Market Cap too high?
Telenor ASA's current Market Cap is $20,064 Mil. The Telecommunication Services industry median Market Cap is 481.64. Telenor ASA's value of $20,064 Mil is 4065.8% above this industry median. Based on the distribution chart, Telenor ASA ranks #31 out of 379 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. 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 Market Cap compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Telenor ASA ranks #31 out of 379 companies for Market Cap. This places Telenor ASA in the top 8% of its industry — outperforming the majority of peers. The industry median Market Cap is 481.64. Telenor ASA's value of $20,064 Mil is 4065.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Telecommunication Services company?
The median Market Cap among Telecommunication Services companies is 481.64, based on 379 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Telenor ASA's current Market Cap of $20,064 Mil is 4065.8% above 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 Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Telenor ASA and its competitors. For the Telecommunication Services industry, the median Market Cap is 481.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Telenor ASA's current Market Cap is $20,064 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 Market Cap is $20,064 Mil and 4065.8% above the Telecommunication Services industry median of 481.64. 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 Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Telenor ASA (TELNF), the current Market Cap is $20,064 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:
Market Cap: $20,064 Mil
GF Value™: $14.32 vs. price of $16.11 (12.5% above fair value)
Industry Position: 4065.8% above the Telecommunication Services median (#31 of 379)
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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