Telenor ASA (OSTO:TELO) OCF Margin %: 31.83% (As of Mar. 2026) — 14% Below Median


OSTO:TELO Telenor ASA OSTO:TELO
71 GF Score
Price kr143.40
GF Value kr128.55
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Telenor ASA OCF Margin %?

Telenor ASA OSTO:TELO -0.97% 71 OCF Margin % is 31.83% as of Mar. 2026, which is 14% below its 10-year median of 37.09. GuruFocus rates OSTO:TELO with a GF Score™ of 71/100 and a GF Value™ of kr128.55 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 367 Telecommunication Services companies, Telenor ASA ranks better than 80.93% on this metric.

OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. Telenor ASA's Cash Flow from Operations for the three months ended in Mar. 2026 was kr5,793 Mil. Telenor ASA's Revenue for the three months ended in Mar. 2026 was kr18,197 Mil. Therefore, Telenor ASA's OCF Margin % for the quarter that ended in Mar. 2026 was 31.83%.

As of today, Telenor ASA's current OCF Yield % is 14.96%.

The historical rank and industry rank for Telenor ASA's OCF Margin % or its related term are showing as below:

OSTO:TELo' s OCF Margin % Range Over the Past 10 Years
Min: 30.11   Med: 37.09   Max: 51.02
Current: 37.37


During the past 13 years, the highest OCF Margin % of Telenor ASA was 51.02%. The lowest was 30.11%. And the median was 37.09%.

OSTO:TELo's OCF Margin % is ranked better than
80.93% of 367 companies
in the Telecommunication Services industry
Industry Median: 22.44 vs OSTO:TELo: 37.37


Telenor ASA OCF Margin % Related Terms


Telenor ASA OCF Margin % Historical Data

* Premium members only.

The historical data trend for Telenor ASA's OCF Margin % 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.

Telenor ASA OCF Margin % Chart

Telenor ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
OCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.51 51.02 36.20 41.70 40.79

Telenor ASA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
OCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 41.30 32.16 41.31 43.74 31.83

OSTO:TELO vs TMUS, VZ, T: OCF Margin % Comparison

For the Telecom Services subindustry, Telenor ASA's OCF Margin %, along with its competitors' market caps and OCF Margin % 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 OCF Margin % vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Telenor ASA's OCF Margin % distribution charts can be found below:

* The bar in red indicates where Telenor ASA's OCF Margin % falls into.


OSTO:TELO
71GF Score
Telenor ASA OSTO:TELO
OCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Telenor ASA OCF Margin % Calculation

OCF Margin % is the ratio of Cash Flow from Operations divided by net sales or Revenue, usually presented in percent.

Telenor ASA's OCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

OCF Margin=Cash Flow from Operations (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=31222/76548
=40.79 %

Telenor ASA's OCF Margin for the quarter that ended in Mar. 2026 is calculated as

OCF Margin=Cash Flow from Operations (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=5793/18197
=31.83 %

* 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.

Frequently Asked Questions Learn more about OCF Margin % →
What does a OCF Margin % of 31.83% mean?
Telenor ASA (OSTO:TELO) has a OCF Margin % of 31.83% as of Mar. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Telenor ASA and its competitors. This is 14% below median its historical median of 37.09. Over the past decade, Telenor ASA's OCF Margin % has ranged from 30.11 to 51.02. According to the industry distribution chart, Telenor ASA ranks #70 out of 367 companies in the Telecommunication Services industry, placing it in the top 19.1%.
Is Telenor ASA's OCF Margin % too high?
Telenor ASA's current OCF Margin % of 31.83% is 14% below median its 10-year median of 37.09. Over the past 10 years, this metric has ranged from a low of 30.11 to a high of 51.02. The Telecommunication Services industry median OCF Margin % is 22.44. Telenor ASA's value of 31.83% is 41.8% above this industry median. Based on the distribution chart, Telenor ASA ranks #70 out of 367 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 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Telenor ASA's OCF Margin % compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Telenor ASA ranks #70 out of 367 companies for OCF Margin %. This places Telenor ASA in the top 19% of its industry — outperforming the majority of peers. The industry median OCF Margin % is 22.44. Telenor ASA's value of 31.83% is 41.8% above this benchmark. Historically, Telenor ASA's own OCF Margin % has ranged from 30.11 to 51.02 over the past decade. While the company's 10-year median is 37.09 vs. the industry median of 22.44, Telenor ASA has consistently been above 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 OCF Margin % for a Telecommunication Services company?
The median OCF Margin % among Telecommunication Services companies is 22.44, based on 367 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Telenor ASA's current OCF Margin % of 31.83% is 41.8% 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 OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Telenor ASA and its competitors. For the Telecommunication Services industry, the median OCF Margin % is 22.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Telenor ASA's current OCF Margin % is 31.83%, which is 14% below median its own 10-year median of 37.09. 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 (OSTO:TELO) is currently considered Modestly Overvalued. The stock's GF Value™ is kr128.55, compared to a current price of kr143.40 — trading 11.6% above its estimated fair value. The current OCF Margin % is 31.83%, which is 14% below median its 10-year median of 37.09 and 41.8% above the Telecommunication Services industry median of 22.44. Telenor ASA's overall GF Score™ is 71/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For Telenor ASA (OSTO:TELO), the current OCF Margin % is 31.83% as of Mar. 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 (OSTO:TELO) Overvalued in 2026?

Based on GuruFocus' analysis, Telenor ASA stock appears to be overvalued. The current stock price of kr143.40 is trading 11.6% above its estimated GF Value™ of kr128.55. GuruFocus considers Telenor ASA to be Modestly Overvalued.

Key valuation signals for OSTO:TELO:

  • OCF Margin %: 31.83% (14% below median its 10-year median of 37.09)
  • GF Value™: kr128.55 vs. price of kr143.40 (11.6% above fair value)
  • GF Score™: 71/100 with 5 warning signs
  • Industry Position: 41.8% above the Telecommunication Services median (#70 of 367)

No single metric tells the full story. See the OSTO:TELO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Telenor ASA Business Description

Address Snaroyveien 30, Fornebu, NOR, N-1360
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.
71GF Score

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OCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr143.40
Price
kr128.55
GF Value