Obermatt

Tele2

STO:TEL2 B · SE0005190238
Wireless Telecommunication ServicesMedium

360

86
EV / EBIT20
Price / Owner Earnings69
Owner Earnings Yield90
Dividend Yield93
Price/Sales14
EV / Gross Profit16
Price/Book10
Return on Capital75
Cash Return on Capital94
Return on Equity94
EBIT Margin75
Gross Profitability45
Cash Conversion11
Accruals52
Owner Earnings Margin96
Sales growth17
Profit Growth76
Long-Term EPS Growth53
Owner Earnings Growth77
Reinvestment21
Price momentum77
Debt load32
Refinancing66
Debt Payback77
Liquidity64
Analyst ratings21
Opinion Changes23
Price Target Upside32
Market mood27
Value Creation20/20strong value creator
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Tele2 generates returns well above its cost of capital, the foundation of durable shareholder value.

Profile

CountrySweden
IndustryWireless Telecommunication Services
SizeMedium
TypePublic Company
ExchangeOM
Founded1990
Employees3,329
Websitetele2.com
ISINSE0005190238
Last UpdateApr 2, 2026
Themes
Enterprise Voip and TelephonyVideo StreamingNetwork SecurityNetwork BackboneDigital MediaCloud Infrastructure5GOptical InfrastructureVoIPStreaming MediaInternetMobileTelecommunicationsWireless

Description

Tele2 AB (publ) provides fixed and mobile connectivity, handset related data services, and entertainment services. Business Segments The company operates through Mobile Services, Broadband Services, Digital Television, and Enterprise Solutions segm…

Analysis

Middle-of-the-road

Tele2 AB (publ) is a middle-of-the-road business: neither the economics nor the price stand out from the peer group.

The price is attractive. You pay 10.3× its owner earnings: the cash an owner could take out each year, which is in the historically attractive zone. At today's price, the market is assuming roughly -3% yearly growth; analysts expect 6%. The price, in other words, assumes less than the experts do.

The trajectory is moderate and the balance sheet is adequate. The company scores 20/20 on our value-creation score: strong value creator.

What to watch: The financial cushion is thinner than comfortable. A large part of the company's book value is the price paid for past acquisitions. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
16
2023202420252026

All-time high

83

Apr 2024

All-time low

16

Jun 2026

Average rank

49

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
14
13
24
13
Price/Earnings
36
28
50
43
Price/Book
10
16
19
28
Dividend Yield
93
56
69
84
Value (overall)
25
16
22
39

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →