TLSNF (Telia Company AB) ROE %: 12.57% (As of Mar. 2026) — 138% Above Median


TLSNF Telia Company AB TLSNF
60 GF Score
Price $5.35
GF Value $3.24
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Telia Company AB ROE %?

Telia Company AB TLSNF -1.33% 60 ROE % is 12.57% as of Mar. 2026, which is 138% above its 10-year median of 5.29. 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 349 Telecommunication Services companies, Telia Company AB ranks better than 54.15% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Telia Company AB's annualized net income for the quarter that ended in Mar. 2026 was $714 Mil. Telia Company AB's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was $5,685 Mil. Therefore, Telia Company AB's annualized ROE % for the quarter that ended in Mar. 2026 was 12.57%.

The historical rank and industry rank for Telia Company AB's ROE % or its related term are showing as below:

TLSNF' s ROE % Range Over the Past 10 Years
Min: -30.05   Med: 5.29   Max: 16.32
Current: 8.86

During the past 13 years, Telia Company AB's highest ROE % was 16.32%. The lowest was -30.05%. And the median was 5.29%.

TLSNF's ROE % is ranked better than
54.15% of 349 companies
in the Telecommunication Services industry
Industry Median: 7.41 vs TLSNF: 8.86

Telia Company AB  (OTCPK:TLSNF) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=714.376/5684.5525
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(714.376 / 8572.96)*(8572.96 / 20597.4235)*(20597.4235 / 5684.5525)
=Net Margin %*Asset Turnover*Equity Multiplier
=8.33 %*0.4162*3.6234
=ROA %*Equity Multiplier
=3.47 %*3.6234
=12.57 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=714.376/5684.5525
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (714.376 / 1022.624) * (1022.624 / 1322.716) * (1322.716 / 8572.96) * (8572.96 / 20597.4235) * (20597.4235 / 5684.5525)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6986 * 0.7731 * 15.43 % * 0.4162 * 3.6234
=12.57 %

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. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.


Telia Company AB ROE % Related Terms


Telia Company AB ROE % Historical Data

* Premium members only.

The historical data trend for Telia Company AB's ROE % 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.

Telia Company AB ROE % Chart

Telia Company AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.73 -18.72 0.52 12.56 7.20

Telia Company AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % 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 3.81 15.40 18.54 -10.12 12.57

TLSNF vs TMUS, VZ, T: ROE % Comparison

For the Telecom Services subindustry, Telia Company AB's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Telia Company AB's ROE % distribution charts can be found below:

* The bar in red indicates where Telia Company AB's ROE % falls into.


TLSNF
60GF Score
Telia Company AB TLSNF
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Telia Company AB ROE % Calculation

Telia Company AB's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=379.297/( (5046.791+5495.023)/ 2 )
=379.297/5270.907
=7.20 %

Telia Company AB's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=714.376/( (5495.023+5874.082)/ 2 )
=714.376/5684.5525
=12.57 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder 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. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 12.57% mean?
Telia Company AB (TLSNF) has a ROE % of 12.57% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Telia Company AB and its competitors. This is 138% above median its historical median of 5.29. According to the industry distribution chart, Telia Company AB ranks #160 out of 349 companies in the Telecommunication Services industry, placing it in the top 45.8%.
Is Telia Company AB's ROE % too high?
Telia Company AB's current ROE % of 12.57% is 138% above median its 10-year median of 5.29. The Telecommunication Services industry median ROE % is 7.41. Telia Company AB's value of 12.57% is 69.6% above this industry median. Based on the distribution chart, Telia Company AB ranks #160 out of 349 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 ROE % compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Telia Company AB ranks #160 out of 349 companies for ROE %. This puts Telia Company AB in the upper half of its industry. The industry median ROE % is 7.41. Telia Company AB's value of 12.57% is 69.6% above this benchmark. While the company's 10-year median is 5.29 vs. the industry median of 7.41, 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 ROE % for a Telecommunication Services company?
The median ROE % among Telecommunication Services companies is 7.41, based on 349 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Telia Company AB's current ROE % of 12.57% is 69.6% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Telia Company AB and its competitors. For the Telecommunication Services industry, the median ROE % is 7.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Telia Company AB's current ROE % is 12.57%, which is 138% above median its own 10-year median of 5.29. 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 ROE % is 12.57%, which is 138% above median its 10-year median of 5.29 and 69.6% above the Telecommunication Services industry median of 7.41. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For Telia Company AB (TLSNF), the current ROE % is 12.57% 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:

  • ROE %: 12.57% (138% above median its 10-year median of 5.29)
  • GF Value™: $3.24 vs. price of $5.35 (65.1% above fair value)
  • GF Score™: 60/100 with 7 warning signs
  • Industry Position: 69.6% above the Telecommunication Services median (#160 of 349)

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 Company AB Business Description

Address Stjarntorget 1, Solna, SWE, 169 94
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

Get the complete analysis for TLSNF

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

$5.35
Price
$3.24
GF Value