Telia Company ABTLSNF -1.33%60 Return-on-Tangible-Asset is 5.02% as of Mar. 2026, which is 116% above its 10-year median of 2.32. GuruFocus rates TLSNF with a GF Score™ of 60/100 and a GF Value™ of $3.24 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 367 Telecommunication Services companies, Telia Company AB ranks better than 50.68% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Telia Company AB's annualizedNet Income for the quarter that ended in Mar. 2026 was $714 Mil. Telia Company AB's average total tangible assets for the quarter that ended in Mar. 2026 was $14,218 Mil. Therefore, Telia Company AB's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 5.02%.
The historical rank and industry rank for Telia Company AB's Return-on-Tangible-Asset or its related term are showing as below:
TLSNF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -15.33 Med: 2.32 Max: 8.21
Current: 3.47
During the past 13 years, Telia Company AB's highest Return-on-Tangible-Asset was 8.21%. The lowest was -15.33%. And the median was 2.32%.
TLSNF's Return-on-Tangible-Asset is ranked better than 50.68% of 367
companies
in the Telecommunication Services industry
Industry Median: 3.43
vs TLSNF: 3.47
Telia Company AB (OTCPK:TLSNF) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Telia Company AB Return-on-Tangible-Asset Related Terms
Telia Company AB Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Telia Company AB's Return-on-Tangible-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.
TLSNF vs TMUS, VZ, T: Return-on-Tangible-Asset Comparison
For the Telecom Services subindustry, Telia Company AB's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-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.
Telia Company AB Return-on-Tangible-Asset vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Telia Company AB's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Telia Company AB's Return-on-Tangible-Asset falls into.
* 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.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 5.02% mean?
Telia Company AB (TLSNF) has a Return-on-Tangible-Asset of 5.02% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Telia Company AB and its competitors. This is 116% above median its historical median of 2.32. According to the industry distribution chart, Telia Company AB ranks #181 out of 367 companies in the Telecommunication Services industry, placing it in the top 49.3%.
Is Telia Company AB's Return-on-Tangible-Asset too high?
Telia Company AB's current Return-on-Tangible-Asset of 5.02% is 116% above median its 10-year median of 2.32. The Telecommunication Services industry median Return-on-Tangible-Asset is 3.43. Telia Company AB's value of 5.02% is 46.4% above this industry median. Based on the distribution chart, Telia Company AB ranks #181 out of 367 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, Telia Company AB has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Telia Company AB's Return-on-Tangible-Asset compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Telia Company AB ranks #181 out of 367 companies for Return-on-Tangible-Asset. This puts Telia Company AB in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.43. Telia Company AB's value of 5.02% is 46.4% above this benchmark. While the company's 10-year median is 2.32 vs. the industry median of 3.43, Telia Company AB 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 Return-on-Tangible-Asset for a Telecommunication Services company?
The median Return-on-Tangible-Asset among Telecommunication Services companies is 3.43, based on 367 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Telia Company AB's current Return-on-Tangible-Asset of 5.02% is 46.4% 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Telia Company AB and its competitors. For the Telecommunication Services industry, the median Return-on-Tangible-Asset is 3.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Telia Company AB's current Return-on-Tangible-Asset is 5.02%, which is 116% above median its own 10-year median of 2.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Telia Company AB stock overvalued right now?
Based on GuruFocus' analysis, Telia Company AB (TLSNF) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.24, compared to a current price of $5.35 — trading 65.1% above its estimated fair value. The current Return-on-Tangible-Asset is 5.02%, which is 116% above median its 10-year median of 2.32 and 46.4% above the Telecommunication Services industry median of 3.43. Telia Company AB's overall GF Score™ is 60/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Telia Company AB (TLSNF), the current Return-on-Tangible-Asset is 5.02% 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 Telia Company AB (TLSNF) Overvalued in 2026?
Based on GuruFocus' analysis, Telia Company AB stock appears to be overvalued.
The current stock price of $5.35 is trading 65.1% above its estimated GF Value™ of $3.24.
GuruFocus considers Telia Company AB to be Significantly Overvalued.
Key valuation signals for TLSNF:
Return-on-Tangible-Asset: 5.02% (116% above median its 10-year median of 2.32)
GF Value™: $3.24 vs. price of $5.35 (65.1% above fair value)
Industry Position: 46.4% above the Telecommunication Services median (#181 of 367)
No single metric tells the full story. See the TLSNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Telia is the incumbent telecom operator in Sweden. It also operates in Norway, Finland, and the Baltic countries. In the past five years, Telia has been narrowing its business focus, divesting businesses in Asia and focusing on its core markets.
60GF Score
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