Tele2 ABTLTZF 68 ROA % is 38.42% as of Mar. 2026, which is 558% above its 10-year median of 5.84. GuruFocus rates TLTZF with a GF Score™ of 68/100 and a GF Value™ of $12.53 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 372 Telecommunication Services companies, Tele2 AB ranks better than 95.43% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Tele2 AB's annualizedNet Income for the quarter that ended in Mar. 2026 was $2,741 Mil.
Tele2 AB's average Total Assets over the quarter that ended in Mar. 2026 was $7,136 Mil. Therefore, Tele2 AB's annualized ROA % for the quarter that ended in Mar. 2026 was 38.42%.
The historical rank and industry rank for Tele2 AB's ROA % or its related term are showing as below:
TLTZF'
s ROA % Range Over the Past 10 Years
Min: -5.08 Med: 5.84 Max: 15.5
Current: 15.5
During the past 13 years, Tele2 AB's highest ROA % was 15.50%. The lowest was -5.08%. And the median was 5.84%.
TLTZF's ROA % is ranked better than 95.43% of 372
companies
in the Telecommunication Services industry
Industry Median: 2.745
vs TLTZF: 15.50
Tele2 AB (OTCPK:TLTZF) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.
* 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.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % 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 ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
Tele2 AB ROA % Related Terms
Tele2 AB ROA % Historical Data
* Premium members only.
The historical data trend for Tele2 AB's ROA % 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, Tele2 AB's ROA %, along with its competitors' market caps and ROA % 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.
Tele2 AB ROA % vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Tele2 AB's ROA % distribution charts can be found below:
* The bar in red indicates where Tele2 AB's ROA % 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 ROA %, the net income of the last fiscal year and the average total 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.
ROA % is displayed in the 30-year financial page.
Tele2 AB (TLTZF) has a ROA % of 38.42% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Tele2 AB and its competitors. This is 558% above median its historical median of 5.84. According to the industry distribution chart, Tele2 AB ranks #17 out of 372 companies in the Telecommunication Services industry, placing it in the top 4.6%.
Is Tele2 AB's ROA % too high?
Tele2 AB's current ROA % of 38.42% is 558% above median its 10-year median of 5.84. The Telecommunication Services industry median ROA % is 2.75. Tele2 AB's value of 38.42% is 1299.6% above this industry median. Based on the distribution chart, Tele2 AB ranks #17 out of 372 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, Tele2 AB has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tele2 AB's ROA % compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Tele2 AB ranks #17 out of 372 companies for ROA %. This places Tele2 AB in the top 5% of its industry — outperforming the majority of peers. The industry median ROA % is 2.75. Tele2 AB's value of 38.42% is 1299.6% above this benchmark. While the company's 10-year median is 5.84 vs. the industry median of 2.75, Tele2 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 ROA % for a Telecommunication Services company?
The median ROA % among Telecommunication Services companies is 2.75, based on 372 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tele2 AB's current ROA % of 38.42% is 1299.6% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Tele2 AB and its competitors. For the Telecommunication Services industry, the median ROA % is 2.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tele2 AB's current ROA % is 38.42%, which is 558% above median its own 10-year median of 5.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tele2 AB stock overvalued right now?
Based on GuruFocus' analysis, Tele2 AB (TLTZF) is currently considered Significantly Overvalued. The stock's GF Value™ is $12.53, compared to a current price of $17.43 — trading 39.1% above its estimated fair value. The current ROA % is 38.42%, which is 558% above median its 10-year median of 5.84 and 1299.6% above the Telecommunication Services industry median of 2.75. Tele2 AB's overall GF Score™ is 68/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Tele2 AB (TLTZF), the current ROA % is 38.42% 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 Tele2 AB (TLTZF) Overvalued in 2026?
Based on GuruFocus' analysis, Tele2 AB stock appears to be overvalued.
The current stock price of $17.43 is trading 39.1% above its estimated GF Value™ of $12.53.
GuruFocus considers Tele2 AB to be Significantly Overvalued.
Key valuation signals for TLTZF:
ROA %: 38.42% (558% above median its 10-year median of 5.84)
GF Value™: $12.53 vs. price of $17.43 (39.1% above fair value)
Industry Position: 1299.6% above the Telecommunication Services median (#17 of 372)
No single metric tells the full story. See the TLTZF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tele2 is the second-largest telecom operator by market share in Sweden, after Telia. Tele2 was a pure mobile operator until 2018 when it acquired Com Hem, Sweden's largest cable company. Tele2 is also present in the Baltic markets, where it runs a pure mobile business. Tele2 is a well-managed firm, showing good cost discipline and a healthy dividend policy, which we expect will remain.
68GF Score
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