Telia Company AB (publ)

BATS-CHIXE:TELIAS Stock Report

Market Cap: SEK 135.5b

Telia Company Valuation

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

Valuation Score

3/6

Valuation Score 3/6

  • 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 TELIAS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
SEK 83.16
Fair Value
58.9% undervalued intrinsic discount
15
Number of Analysts

Below Fair Value: TELIAS (SEK34.15) is trading below our estimate of fair value (SEK83.16)

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


Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for TELIAS. This is calculated by dividing TELIAS's market cap by their current earnings.
What is TELIAS's PE Ratio?
PE Ratio27.3x
EarningsSEK 4.96b
Market CapSEK 135.46b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for TELIAS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average30.4x
BT.A BT Group
18.1x13.67%UK£19.1b
HTWS Helios Towers
50.9x33.18%UK£1.3b
AAF Airtel Africa
41.5x29.26%UK£6.7b
INDUSTOWER Indus Towers
11x-1.47%₹1.1t
TELIAS Telia Company
27.3x13.62%SEK 135.5b

Price-To-Earnings vs Peers: TELIAS is good value based on its Price-To-Earnings Ratio (27.3x) compared to the peer average (30.3x).


Price to Earnings Ratio vs Industry

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

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
No. of Companies8PE01020304050+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: TELIAS is expensive based on its Price-To-Earnings Ratio (27.3x) compared to the European Telecom industry average (19.2x).


Price to Earnings Ratio vs Fair Ratio

What is TELIAS'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.

TELIAS PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio27.3x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate TELIAS'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 TELIAS forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Currentn/a
SEK 35.04
0%
8.68%SEK 41.00SEK 30.70n/a15
Jul ’26SEK 34.15
SEK 35.04
+2.62%
8.68%SEK 41.00SEK 30.70n/a15
Jun ’26SEK 37.35
SEK 35.15
-5.90%
7.82%SEK 41.00SEK 31.00n/a15
May ’26SEK 35.84
SEK 34.68
-3.24%
8.97%SEK 41.00SEK 29.00n/a15
Apr ’26n/a
SEK 32.96
0%
5.16%SEK 35.70SEK 31.00n/a7
Mar ’26n/a
SEK 34.14
0%
14.73%SEK 47.00SEK 24.50n/a19
Feb ’26n/a
SEK 34.08
0%
14.72%SEK 47.00SEK 24.50n/a19
Jan ’26n/a
SEK 33.26
0%
15.90%SEK 45.00SEK 22.00n/a21
Dec ’25SEK 31.85
SEK 33.02
+3.67%
15.69%SEK 45.00SEK 22.00n/a21
Nov ’25n/a
SEK 32.75
0%
15.76%SEK 45.00SEK 22.00n/a21
Oct ’25SEK 32.71
SEK 31.51
-3.67%
15.05%SEK 40.00SEK 22.00n/a21
Sep ’25n/a
SEK 29.27
0%
13.68%SEK 37.00SEK 21.00n/a20
Aug ’25SEK 31.06
SEK 29.26
-5.80%
13.59%SEK 37.00SEK 21.00n/a20
Jul ’25SEK 27.89
SEK 28.72
+2.96%
13.82%SEK 37.00SEK 21.00SEK 34.1520
Jun ’25SEK 26.99
SEK 28.57
+5.84%
14.76%SEK 37.00SEK 21.00SEK 37.3520
May ’25n/a
SEK 28.57
0%
14.77%SEK 37.00SEK 21.00SEK 35.8420
Apr ’25n/a
SEK 29.02
0%
15.54%SEK 37.00SEK 21.00n/a20
Mar ’25n/a
SEK 28.50
0%
16.97%SEK 37.00SEK 20.00n/a20
Feb ’25SEK 26.40
SEK 28.49
+7.94%
17.29%SEK 37.00SEK 20.00n/a20
Jan ’25SEK 25.64
SEK 28.27
+10.27%
18.12%SEK 39.00SEK 20.00n/a19
Dec ’24SEK 24.95
SEK 28.16
+12.88%
17.23%SEK 39.00SEK 20.00SEK 31.8519
Nov ’24SEK 23.67
SEK 27.91
+17.92%
18.39%SEK 39.00SEK 20.00n/a20
Oct ’24SEK 23.05
SEK 27.72
+20.26%
17.96%SEK 39.00SEK 20.00SEK 32.7120
Sep ’24SEK 21.41
SEK 28.42
+32.72%
17.17%SEK 39.00SEK 20.00n/a20
Aug ’24SEK 22.62
SEK 28.87
+27.66%
16.57%SEK 39.00SEK 22.00SEK 31.0620
Jul ’24SEK 23.68
SEK 29.35
+23.92%
16.60%SEK 39.00SEK 22.00SEK 27.8920
AnalystConsensusTarget
Consensus Narrative from 15 Analysts
SEK 34.74
Fair Value
1.7% undervalued intrinsic discount
15
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 Analysis2025/07/08 01:00
End of Day Share Price 2025/07/01 00:00
Earnings2025/03/31
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 57 analysts. 13 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