Telia Company AB (publ)

HLSE:TELIA1 Stock Report

Market Cap: €11.7b

Telia Company Valuation

Is TELIA1 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of TELIA1 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
€9.51
Fair Value
68.9% undervalued intrinsic discount
20
Number of Analysts

Below Fair Value: TELIA1 (€2.96) is trading below our estimate of fair value (€9.51)

Significantly Below Fair Value: TELIA1 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for TELIA1?

Key metric: As TELIA1 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for TELIA1. This is calculated by dividing TELIA1's market cap by their current earnings.
What is TELIA1's PE Ratio?
PE Ratio34.5x
EarningsSEK 3.82b
Market CapSEK 131.73b

Price to Earnings Ratio vs Peers

How does TELIA1's PE Ratio compare to its peers?

The above table shows the PE ratio for TELIA1 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average29x
ELISA Elisa Oyj
18.9x6.4%€6.8b
INDUSTOWER Indus Towers
9.6x-9.4%₹958.1b
6823 HKT Trust and HKT
14.5x3.6%HK$72.8b
IAM Itissalat Al-Maghrib (IAM)
72.9x35.2%د.م91.2b
TELIA1 Telia Company
34.5x21.3%€131.7b

Price-To-Earnings vs Peers: TELIA1 is expensive based on its Price-To-Earnings Ratio (34.5x) compared to the peer average (29x).

Price to Earnings Ratio vs Industry

How does TELIA1's PE Ratio compare vs other companies in the European Telecom Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
TELIA1 34.5xIndustry Avg. 18.5xNo. of Companies7PE01020304050+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: TELIA1 is expensive based on its Price-To-Earnings Ratio (34.5x) compared to the European Telecom industry average (18.5x).

Price to Earnings Ratio vs Fair Ratio

What is TELIA1's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

TELIA1 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio34.5x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate TELIA1's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst TELIA1 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€2.96
€2.99
+1.2%
14.8%€4.16€2.17n/a20
Feb ’26€2.83
€2.94
+3.7%
15.0%€4.09€2.13n/a20
Jan ’26€2.67
€2.89
+8.3%
15.9%€3.90€1.91n/a21
Dec ’25€2.77
€2.86
+3.4%
15.7%€3.90€1.91n/a21
Nov ’25€2.75
€2.83
+2.8%
15.8%€3.88€1.90n/a21
Oct ’25€2.88
€2.77
-3.8%
15.0%€3.52€1.94n/a21
Sep ’25€2.80
€2.58
-7.8%
13.7%€3.26€1.85n/a20
Aug ’25€2.69
€2.52
-6.1%
13.6%€3.19€1.81n/a20
Jul ’25€2.53
€2.52
-0.4%
13.8%€3.25€1.84n/a20
Jun ’25€2.38
€2.49
+4.4%
14.8%€3.22€1.83n/a20
May ’25€2.15
€2.43
+13.2%
14.8%€3.15€1.79n/a20
Apr ’25€2.36
€2.50
+5.8%
15.5%€3.19€1.81n/a20
Mar ’25€2.20
€2.55
+15.8%
17.0%€3.31€1.79n/a20
Feb ’25€2.37
€2.53
+6.7%
17.3%€3.28€1.77€2.8320
Jan ’25€2.31
€2.52
+9.3%
18.1%€3.48€1.78€2.6719
Dec ’24€2.24
€2.50
+11.6%
17.2%€3.46€1.77€2.7719
Nov ’24€1.99
€2.36
+19.0%
18.4%€3.30€1.69€2.7520
Oct ’24€1.96
€2.40
+22.4%
18.0%€3.38€1.73€2.8820
Sep ’24€1.88
€2.42
+29.0%
17.2%€3.32€1.70€2.8020
Aug ’24€1.91
€2.48
+30.1%
16.6%€3.35€1.89€2.6920
Jul ’24€2.01
€2.49
+24.0%
16.6%€3.31€1.87€2.5320
Jun ’24€2.17
€2.55
+17.8%
15.9%€3.35€1.98€2.3820
May ’24€2.52
€2.61
+3.6%
17.6%€3.45€1.95€2.1518
Apr ’24€2.35
€2.59
+10.4%
16.9%€3.46€1.95€2.3620
Mar ’24€2.40
€2.69
+12.2%
15.7%€3.53€1.99€2.2019
Feb ’24€2.39
€2.62
+9.6%
16.2%€3.43€1.93€2.3720
Analyst Price Target
Consensus Narrative from 20 Analysts
€2.99
Fair Value
1.0% undervalued intrinsic discount
20
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/07 20:28
End of Day Share Price 2025/02/07 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Telia Company AB (publ) is covered by 51 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullABG Sundal Collier
Jean-Michel SalvadorAlphaValue
John DaviesBanco Santander