Telia Company AB (publ)

OM:TELIA Stock Report

Market Cap: SEK 178.0b

Telia Company Valuation

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

Valuation Score

2/6

Valuation Score 2/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

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

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: TELIA (SEK45.48) is trading below our estimate of future cash flow value (SEK110.74)

Significantly Below Future Cash Flow Value: TELIA is trading below future cash flow value by more than 20%.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for TELIA. This is calculated by dividing TELIA's market cap by their current earnings.
What is TELIA's PE Ratio?
PE Ratio38.5x
EarningsSEK 4.64b
Market CapSEK 177.97b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for TELIA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average36.4x
BAHN B Bahnhof
34.2xn/aSEK 6.4b
TEL2 B Tele2
11.5x-15.74%SEK 115.3b
TIT Telecom Italia
88.1x29.07%€17.1b
TEL Telenor
11.8x-6.67%NOK 197.2b
TELIA Telia Company
38.5x16.73%SEK 178.8b

Price-To-Earnings vs Peers: TELIA is expensive based on its Price-To-Earnings Ratio (38.5x) compared to the peer average (36.4x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

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

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
TELIA 38.5xIndustry Avg. 17.4xNo. of Companies10PE01632486480+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: TELIA is expensive based on its Price-To-Earnings Ratio (38.5x) compared to the European Telecom industry average (17.4x).

Price to Earnings Ratio vs Fair Ratio

What is TELIA'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.

TELIA PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio38.5x
Fair PE Ratio25.6x

Price-To-Earnings vs Fair Ratio: TELIA is expensive based on its Price-To-Earnings Ratio (38.5x) compared to the estimated Fair Price-To-Earnings Ratio (25.6x).

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 TELIA forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentSEK 45.48
SEK 46.85
+3.02%
16.17%SEK 60.00SEK 30.70n/a19
Jul ’27SEK 45.55
SEK 46.85
+2.86%
16.17%SEK 60.00SEK 30.70n/a19
Jun ’27SEK 49.18
SEK 45.12
-8.26%
18.51%SEK 60.00SEK 30.70n/a19
May ’27SEK 48.26
SEK 44.20
-8.41%
18.24%SEK 59.00SEK 30.70n/a19
Apr ’27SEK 47.59
SEK 41.52
-12.75%
18.61%SEK 57.00SEK 30.00n/a17
Mar ’27SEK 46.36
SEK 40.41
-12.83%
15.33%SEK 52.00SEK 30.00n/a19
Feb ’27SEK 40.55
SEK 39.97
-1.43%
14.98%SEK 50.00SEK 30.00n/a19
Jan ’27SEK 39.38
SEK 38.42
-2.44%
16.07%SEK 48.00SEK 27.00n/a18
Dec ’26SEK 37.88
SEK 37.71
-0.44%
14.63%SEK 48.00SEK 27.00n/a18
Nov ’26SEK 37.28
SEK 37.38
+0.27%
13.85%SEK 48.00SEK 27.00n/a18
Oct ’26SEK 35.79
SEK 36.70
+2.54%
14.46%SEK 48.00SEK 27.00n/a18
Sep ’26SEK 35.52
SEK 35.82
+0.85%
13.15%SEK 47.00SEK 27.00n/a16
Aug ’26SEK 34.80
SEK 35.82
+2.94%
13.15%SEK 47.00SEK 27.00n/a16
Jul ’26SEK 34.28
SEK 35.05
+2.24%
8.99%SEK 41.00SEK 30.70SEK 45.5514
Jun ’26SEK 37.04
SEK 35.15
-5.11%
7.82%SEK 41.00SEK 31.00SEK 49.1815
May ’26SEK 36.15
SEK 34.68
-4.07%
8.97%SEK 41.00SEK 29.00SEK 48.2615
Apr ’26SEK 36.43
SEK 32.96
-9.53%
5.16%SEK 35.70SEK 31.00SEK 47.597
Mar ’26SEK 35.00
SEK 34.14
-2.45%
14.73%SEK 47.00SEK 24.50SEK 46.3619
Feb ’26SEK 32.63
SEK 34.08
+4.44%
14.72%SEK 47.00SEK 24.50SEK 40.5519
Jan ’26SEK 30.67
SEK 33.26
+8.44%
15.90%SEK 45.00SEK 22.00SEK 39.3821
Dec ’25SEK 31.95
SEK 33.02
+3.35%
15.69%SEK 45.00SEK 22.00SEK 37.8821
Nov ’25SEK 32.19
SEK 32.75
+1.73%
15.76%SEK 45.00SEK 22.00SEK 37.2821
Oct ’25SEK 32.83
SEK 31.51
-4.02%
15.05%SEK 40.00SEK 22.00SEK 35.7921
Sep ’25SEK 31.84
SEK 29.27
-8.09%
13.68%SEK 37.00SEK 21.00SEK 35.5220
Aug ’25SEK 31.10
SEK 29.26
-5.92%
13.59%SEK 37.00SEK 21.00SEK 34.8020
Jul ’25SEK 28.87
SEK 28.72
-0.54%
13.82%SEK 37.00SEK 21.00SEK 34.2820
SEK 46.85
Fair Value
2.9% undervalued intrinsic discount
19
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 Analysis2026/07/10 17:42
End of Day Share Price 2026/07/10 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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 40 analysts. 17 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
John DaviesBanco Santander
Maurice PatrickBarclays