Telia Company AB (publ)

OM:TELIA Stock Report

Market Cap: SEK 142.1b

Telia Company Valuation

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

Discounted Cash Flow
Simply Wall St
SEK 99.38
Fair Value
63.6% undervalued intrinsic discount
15
Number of Analysts

Below Fair Value: TELIA (SEK36.15) is trading below our estimate of fair value (SEK99.38)

Significantly Below Fair Value: TELIA is trading below fair 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 Ratio28.7x
EarningsSEK 4.96b
Market CapSEK 142.15b

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 Average18.5x
BAHN B Bahnhof
26.9x7.6%SEK 5.9b
TEL2 B Tele2
25.3x7.3%SEK 98.6b
TLKM Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia
11.1x3.9%Rp261.5t
INDUSTOWER Indus Towers
10.8x-6.9%₹1.1t
TELIA Telia Company
28.7x13.8%SEK 142.1b

Price-To-Earnings vs Peers: TELIA is expensive based on its Price-To-Earnings Ratio (28.7x) compared to the peer average (18.5x).

Price to Earnings Ratio vs Industry

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

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
TELIA 28.7xIndustry Avg. 18.2xNo. of Companies8PE01020304050+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: TELIA is expensive based on its Price-To-Earnings Ratio (28.7x) compared to the European Telecom industry average (18x).

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 Ratio28.7x
Fair PE Ratio32.4x

Price-To-Earnings vs Fair Ratio: TELIA is good value based on its Price-To-Earnings Ratio (28.7x) compared to the estimated Fair Price-To-Earnings Ratio (32.4x).

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 36.15
SEK 34.68
-4.1%
9.0%SEK 41.00SEK 29.00n/a15
Apr ’26SEK 36.43
SEK 32.96
-9.5%
5.2%SEK 35.70SEK 31.00n/a7
Mar ’26SEK 35.00
SEK 34.14
-2.5%
14.7%SEK 47.00SEK 24.50n/a19
Feb ’26SEK 32.63
SEK 34.08
+4.4%
14.7%SEK 47.00SEK 24.50n/a19
Jan ’26SEK 30.67
SEK 33.26
+8.4%
15.9%SEK 45.00SEK 22.00n/a21
Dec ’25SEK 31.95
SEK 33.02
+3.3%
15.7%SEK 45.00SEK 22.00n/a21
Nov ’25SEK 32.19
SEK 32.75
+1.7%
15.8%SEK 45.00SEK 22.00n/a21
Oct ’25SEK 32.83
SEK 31.51
-4.0%
15.0%SEK 40.00SEK 22.00n/a21
Sep ’25SEK 31.84
SEK 29.27
-8.1%
13.7%SEK 37.00SEK 21.00n/a20
Aug ’25SEK 31.10
SEK 29.26
-5.9%
13.6%SEK 37.00SEK 21.00n/a20
Jul ’25SEK 28.87
SEK 28.72
-0.5%
13.8%SEK 37.00SEK 21.00n/a20
Jun ’25SEK 27.25
SEK 28.57
+4.8%
14.8%SEK 37.00SEK 21.00n/a20
May ’25SEK 25.26
SEK 28.57
+13.1%
14.8%SEK 37.00SEK 21.00SEK 36.1520
Apr ’25SEK 27.43
SEK 29.02
+5.8%
15.5%SEK 37.00SEK 21.00SEK 36.4320
Mar ’25SEK 24.54
SEK 28.50
+16.1%
17.0%SEK 37.00SEK 20.00SEK 35.0020
Feb ’25SEK 26.72
SEK 28.49
+6.6%
17.3%SEK 37.00SEK 20.00SEK 32.6320
Jan ’25SEK 25.73
SEK 28.27
+9.9%
18.1%SEK 39.00SEK 20.00SEK 30.6719
Dec ’24SEK 25.28
SEK 28.16
+11.4%
17.2%SEK 39.00SEK 20.00SEK 31.9519
Nov ’24SEK 23.48
SEK 27.91
+18.8%
18.4%SEK 39.00SEK 20.00SEK 32.1920
Oct ’24SEK 22.57
SEK 27.72
+22.8%
18.0%SEK 39.00SEK 20.00SEK 32.8320
Sep ’24SEK 22.39
SEK 28.42
+26.9%
17.2%SEK 39.00SEK 20.00SEK 31.8420
Aug ’24SEK 22.15
SEK 28.87
+30.3%
16.6%SEK 39.00SEK 22.00SEK 31.1020
Jul ’24SEK 23.65
SEK 29.35
+24.1%
16.6%SEK 39.00SEK 22.00SEK 28.8720
Jun ’24SEK 25.23
SEK 29.69
+17.7%
15.9%SEK 39.00SEK 23.00SEK 27.2520
May ’24SEK 28.56
SEK 29.47
+3.2%
17.6%SEK 39.00SEK 22.00SEK 25.2618
AnalystConsensusTarget
Consensus Narrative from 15 Analysts
SEK 34.68
Fair Value
4.2% overvalued intrinsic discount
15
Number of Analysts

Analyst Forecast: Target price is lower than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/30 15:09
End of Day Share Price 2025/04/30 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 55 analysts. 12 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