Telia Company AB (publ)

BATS-CHIXE:TELIAS Stock Report

Market Cap: SEK 123.2b

Telia Company Valuation

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

Below Fair Value: TELIAS (SEK31.16) is trading below our estimate of fair value (SEK78.1)

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 Ratio117.3x
EarningsSEK 1.05b
Market CapSEK 123.19b

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 Average16.7x
BT.A BT Group
19.2x14.1%UK£14.7b
VOD Vodafone Group
9.3x4.2%UK£18.4b
GAMA Gamma Communications
26.9x12.7%UK£1.5b
INDUSTOWER Indus Towers
11.5x1.7%₹865.6b
TELIAS Telia Company
117.3x24.3%SEK 123.2b

Price-To-Earnings vs Peers: TELIAS is expensive based on its Price-To-Earnings Ratio (117.3x) compared to the peer average (16.7x).

Price to Earnings Ratio vs Industry

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

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No. of Companies6PE01020304050+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: TELIAS is expensive based on its Price-To-Earnings Ratio (117.3x) compared to the European Telecom industry average (18.1x).

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 Ratio117.3x
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
CurrentSEK 31.16
SEK 32.85
+5.4%
15.8%SEK 45.00SEK 22.00n/a21
Nov ’25n/a
SEK 32.75
0%
15.8%SEK 45.00SEK 22.00n/a21
Oct ’25SEK 32.71
SEK 31.51
-3.7%
15.0%SEK 40.00SEK 22.00n/a21
Sep ’25n/a
SEK 29.27
0%
13.7%SEK 37.00SEK 21.00n/a20
Aug ’25SEK 31.06
SEK 29.26
-5.8%
13.6%SEK 37.00SEK 21.00n/a20
Jul ’25SEK 27.89
SEK 28.72
+3.0%
13.8%SEK 37.00SEK 21.00n/a20
Jun ’25SEK 26.99
SEK 28.57
+5.8%
14.8%SEK 37.00SEK 21.00n/a20
May ’25n/a
SEK 28.57
0%
14.8%SEK 37.00SEK 21.00n/a20
Apr ’25n/a
SEK 29.02
0%
15.5%SEK 37.00SEK 21.00n/a20
Mar ’25n/a
SEK 28.50
0%
17.0%SEK 37.00SEK 20.00n/a20
Feb ’25SEK 26.40
SEK 28.49
+7.9%
17.3%SEK 37.00SEK 20.00n/a20
Jan ’25SEK 25.64
SEK 28.27
+10.3%
18.1%SEK 39.00SEK 20.00n/a19
Dec ’24SEK 24.95
SEK 28.16
+12.9%
17.2%SEK 39.00SEK 20.00n/a19
Nov ’24SEK 23.67
SEK 27.91
+17.9%
18.4%SEK 39.00SEK 20.00n/a20
Oct ’24SEK 23.05
SEK 27.72
+20.3%
18.0%SEK 39.00SEK 20.00SEK 32.7120
Sep ’24SEK 21.41
SEK 28.42
+32.7%
17.2%SEK 39.00SEK 20.00n/a20
Aug ’24SEK 22.62
SEK 28.87
+27.7%
16.6%SEK 39.00SEK 22.00SEK 31.0620
Jul ’24SEK 23.68
SEK 29.35
+23.9%
16.6%SEK 39.00SEK 22.00SEK 27.8920
Jun ’24SEK 25.16
SEK 29.69
+18.0%
15.9%SEK 39.00SEK 23.00SEK 26.9920
May ’24SEK 28.25
SEK 29.47
+4.3%
17.6%SEK 39.00SEK 22.00n/a18
Apr ’24SEK 26.34
SEK 29.14
+10.6%
16.9%SEK 39.00SEK 22.00n/a20
Mar ’24SEK 26.62
SEK 29.73
+11.7%
15.7%SEK 39.00SEK 22.00n/a19
Feb ’24SEK 27.20
SEK 29.82
+9.6%
16.2%SEK 39.00SEK 22.00SEK 26.4020
Jan ’24SEK 26.96
SEK 33.17
+23.1%
16.4%SEK 43.00SEK 24.50SEK 25.6420
Dec ’23SEK 28.66
SEK 34.30
+19.7%
18.3%SEK 48.50SEK 24.50SEK 24.9520
Nov ’23SEK 29.32
SEK 35.78
+22.0%
18.2%SEK 48.50SEK 26.00SEK 23.6719

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

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