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Telenor ASATELNF 71 5-Year Yield-on-Cost % is 7.37 as of Jul. 18, 2026, which is 15% above its 10-year median of 6.42. GuruFocus rates TELNF with a GF Score™ of 71/100 and a GF Value™ of $14.42 (Fairly Valued). The stock has 3 warning signs investors should review. Among 227 Telecommunication Services companies, Telenor ASA ranks better than 71.37% on this metric.
Telenor ASA's yield on cost for the quarter that ended in Jun. 2026 was 7.37.
The historical rank and industry rank for Telenor ASA's 5-Year Yield-on-Cost % or its related term are showing as below:
TELNF'
s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 4.46 Med: 6.42 Max: 11.54
Current: 7.37
During the past 13 years, Telenor ASA's highest Yield on Cost was 11.54. The lowest was 4.46. And the median was 6.42.
TELNF's 5-Year Yield-on-Cost % is ranked better than 71.37% of 227
companies
in the Telecommunication Services industry
Industry Median: 4.58
vs TELNF: 7.37
Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.
Telenor ASA 5-Year Yield-on-Cost % Related Terms
TELNF vs TMUS, VZ, T: 5-Year Yield-on-Cost % Comparison
For the Telecom Services subindustry, Telenor ASA's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Telenor ASA's 5-Year Yield-on-Cost % distribution charts can be found below:
* The bar in red indicates where Telenor ASA's 5-Year Yield-on-Cost % falls into.
Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.
Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.
Therefore, Yield-on-Cost of Telenor ASA is calculated as
Telenor ASA (TELNF) has a 5-Year Yield-on-Cost % of 7.37 as of Jul. 18, 2026. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on Telenor ASA and its competitors. This is 15% above median its historical median of 6.42. Over the past decade, Telenor ASA's 5-Year Yield-on-Cost % has ranged from 4.46 to 11.54. According to the industry distribution chart, Telenor ASA ranks #65 out of 227 companies in the Telecommunication Services industry, placing it in the top 28.6%.
Is Telenor ASA's 5-Year Yield-on-Cost % too high?
Telenor ASA's current 5-Year Yield-on-Cost % of 7.37 is 15% above median its 10-year median of 6.42. Over the past 10 years, this metric has ranged from a low of 4.46 to a high of 11.54. The Telecommunication Services industry median 5-Year Yield-on-Cost % is 4.58. Telenor ASA's value of 7.37 is 60.9% above this industry median. Based on the distribution chart, Telenor ASA ranks #65 out of 227 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, Telenor ASA has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Telenor ASA's 5-Year Yield-on-Cost % compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Telenor ASA ranks #65 out of 227 companies for 5-Year Yield-on-Cost %. This puts Telenor ASA in the upper half of its industry. The industry median 5-Year Yield-on-Cost % is 4.58. Telenor ASA's value of 7.37 is 60.9% above this benchmark. Historically, Telenor ASA's own 5-Year Yield-on-Cost % has ranged from 4.46 to 11.54 over the past decade. While the company's 10-year median is 6.42 vs. the industry median of 4.58, 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 5-Year Yield-on-Cost % for a Telecommunication Services company?
The median 5-Year Yield-on-Cost % among Telecommunication Services companies is 4.58, based on 227 companies in the industry. Companies in the top quartile (top 25%) have a 5-Year Yield-on-Cost % significantly above this median, while those in the bottom quartile fall well below. However, 5-Year Yield-on-Cost % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Telenor ASA's current 5-Year Yield-on-Cost % of 7.37 is 60.9% 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 5-Year Yield-on-Cost % mean?
A high 5-Year Yield-on-Cost % can signal that a stock is expensive relative to its fundamentals. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on Telenor ASA and its competitors. For the Telecommunication Services industry, the median 5-Year Yield-on-Cost % is 4.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Telenor ASA's current 5-Year Yield-on-Cost % is 7.37, which is 15% above median its own 10-year median of 6.42. 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 (TELNF) is currently considered Fairly Valued. The stock's GF Value™ is $14.42, compared to a current price of $14.90 — trading 3.3% above its estimated fair value. The current 5-Year Yield-on-Cost % is 7.37, which is 15% above median its 10-year median of 6.42 and 60.9% above the Telecommunication Services industry median of 4.58. Telenor ASA's overall GF Score™ is 71/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 5-Year Yield-on-Cost % calculated?
5-Year Yield-on-Cost % is calculated from a company's financial statements. For Telenor ASA (TELNF), the current 5-Year Yield-on-Cost % is 7.37 as of Jul. 18, 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 (TELNF) Overvalued in 2026?
Based on GuruFocus' analysis, Telenor ASA stock appears to be overvalued.
The current stock price of $14.90 is trading 3.3% above its estimated GF Value™ of $14.42.
GuruFocus considers Telenor ASA to be Fairly Valued.
Key valuation signals for TELNF:
5-Year Yield-on-Cost %: 7.37 (15% above median its 10-year median of 6.42)
GF Value™: $14.42 vs. price of $14.90 (3.3% above fair value)
Industry Position: 60.9% above the Telecommunication Services median (#65 of 227)
No single metric tells the full story. See the TELNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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
Get the complete analysis for TELNF
5-Year Yield-on-Cost % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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