As of 2025-05-19, the Intrinsic Value of Telenor ASA (TEL.OL) is 193.97 NOK. This TEL.OL valuation is based on the model Discounted Cash Flows (Growth Exit 5Y). With the current market price of 154.00 NOK, the upside of Telenor ASA is 26.00%.
The range of the Intrinsic Value is 146.54 - 273.10 NOK
Based on its market price of 154.00 NOK and our intrinsic valuation, Telenor ASA (TEL.OL) is undervalued by 26.00%.
| Range | Selected | Upside | |
| a | |||
| DCF (Growth 5y) | 146.54 - 273.10 | 193.97 | 26.0% |
| DCF (Growth 10y) | 168.24 - 297.24 | 216.76 | 40.8% |
| DCF (EBITDA 5y) | 84.98 - 142.74 | 106.85 | -30.6% |
| DCF (EBITDA 10y) | 115.74 - 178.48 | 139.99 | -9.1% |
| Fair Value | 163.87 - 163.87 | 163.87 | 6.41% |
| P/E | 115.49 - 223.62 | 160.90 | 4.5% |
| EV/EBITDA | 42.81 - 181.33 | 110.22 | -28.4% |
| EPV | 368.80 - 488.05 | 428.43 | 178.2% |
| DDM - Stable | 60.88 - 135.51 | 98.20 | -36.2% |
| DDM - Multi | 168.51 - 268.01 | 205.08 | 33.2% |
| Market Cap (mil) | 210,725.90 |
| Beta | 0.35 |
| Outstanding shares (mil) | 1,368.35 |
| Enterprise Value (mil) | 296,223.90 |
| Market risk premium | 5.10% |
| Cost of Equity | 6.94% |
| Cost of Debt | 5.00% |
| WACC | 5.79% |