Telia Company ABTLSNF -1.33%60 Return-on-Tangible-Equity is Negative Tangible Equity% as of Mar. 2026. GuruFocus rates TLSNF with a GF Score™ of 60/100 and a GF Value™ of $3.41 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 331 Telecommunication Services companies, Telia Company AB ranks better than 99.7% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Telia Company AB's annualized net income for the quarter that ended in Mar. 2026 was $714 Mil. Telia Company AB's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $-695 Mil. Therefore, Telia Company AB's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was Negative Tangible Equity%.
The historical rank and industry rank for Telia Company AB's Return-on-Tangible-Equity or its related term are showing as below:
TLSNF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 14.93 Med: 20.51 Max: 42.34
Current: Negative Tangible Equity
During the past 13 years, Telia Company AB's highest Return-on-Tangible-Equity was 42.34%. The lowest was 14.93%. And the median was 20.51%.
TLSNF's Return-on-Tangible-Equity is ranked better than 99.7% of 331
companies
in the Telecommunication Services industry
Industry Median: 13.99
vs TLSNF: Negative Tangible Equity
Telia Company AB (OTCPK:TLSNF) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Telia Company AB Return-on-Tangible-Equity Related Terms
Telia Company AB Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Telia Company AB's Return-on-Tangible-Equity 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-Equity Comparison
For the Telecom Services subindustry, Telia Company AB's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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-Equity vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Telia Company AB's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Telia Company AB's Return-on-Tangible-Equity 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity 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.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of Negative Tangible Equity% mean?
Telia Company AB (TLSNF) has a Return-on-Tangible-Equity of Negative Tangible Equity% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Telia Company AB and its competitors. Over the past decade, Telia Company AB's Return-on-Tangible-Equity has ranged from 14.93 to 42.34. According to the industry distribution chart, Telia Company AB ranks #1 out of 331 companies in the Telecommunication Services industry, placing it in the top 0.3%.
Is Telia Company AB's Return-on-Tangible-Equity too high?
Telia Company AB's current Return-on-Tangible-Equity is Negative Tangible Equity%. Over the past 10 years, this metric has ranged from a low of 14.93 to a high of 42.34. Based on the distribution chart, Telia Company AB ranks #1 out of 331 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. 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-Equity compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Telia Company AB ranks #1 out of 331 companies for Return-on-Tangible-Equity. This places Telia Company AB in the top 0% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 13.99. Historically, Telia Company AB's own Return-on-Tangible-Equity has ranged from 14.93 to 42.34 over the past decade. 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-Equity for a Telecommunication Services company?
The median Return-on-Tangible-Equity among Telecommunication Services companies is 13.99, based on 331 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Telia Company AB and its competitors. For the Telecommunication Services industry, the median Return-on-Tangible-Equity is 13.99 — 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-Equity is Negative Tangible Equity%. 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 $3.41, compared to a current price of $5.35 — trading 56.9% above its estimated fair value. The current Return-on-Tangible-Equity is Negative Tangible Equity%. 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Telia Company AB (TLSNF), the current Return-on-Tangible-Equity is Negative Tangible Equity% 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 56.9% above its estimated GF Value™ of $3.41.
GuruFocus considers Telia Company AB to be Significantly Overvalued.
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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