Tele2 AB (publ)
Research Tele2 AB (publ) (TEL2-B) on Bullrun: valuation model: 67.8% undervalued, market cap SEK 116.83B, P/E 11.6, dividend yield 4.9%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerTEL2-B
- ExchangeST
- CountrySweden
- SectorCommunication Services
- IndustryTelecom Services
- CurrencySEK
- Valuation signal67.8% undervalued
- Market capSEK 116.83B
- P/E11.6
- Dividend yield4.9%
- Financial periodQ2 2026
- RevenueSEK 7.39B
- Net incomeSEK 1.21B
- Free cash flowSEK 1.86B
- Gross margin43.4%
Valuation Snapshot
Bullrun's latest valuation model marks Tele2 AB (publ) as 67.8% undervalued; latest market cap is SEK 116.83B; P/E is 11.6; dividend yield is 4.9%.
Peer valuation comparison
Latest P/E is 11.57x versus a Communication Services sector median of 16.43x (29.6% below).
Latest dividend yield is 4.92% versus a Communication Services sector median of 3.46% (42.4% above).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | SEK 29.89B | SEK 4.59B | n/a | 43.5% | n/a | SEK 205.00M | SEK 28.87B | SEK 22.27B |
| FY2024 | SEK 29.58B | SEK 3.87B | SEK 6.70B | 43.0% | 5.56 | SEK 317.00M | SEK 30.67B | SEK 22.10B |
| FY2023 | SEK 29.10B | SEK 3.74B | SEK 7.25B | 40.6% | 5.37 | SEK 1.63B | n/a | SEK 22.78B |
| FY2022 | SEK 28.10B | SEK 5.57B | SEK 5.66B | 39.9% | 8.03 | SEK 1.12B | n/a | SEK 23.68B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-08-24 | SEK 116.83B | 11.6 | 6.3% | 10.5 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 10.5 SEK, yield 4.9%.
| Year | Dividends/share |
|---|---|
| FY2024 | 6.9 SEK |
| FY2023 | 6.8 SEK |
| FY2022 | 19.75 SEK |
About Tele2 AB (publ)
Tele2 AB (publ) provides fixed and mobile connectivity and entertainment services in Sweden, Lithuania, Latvia, and Estonia. The company offers handset related data services, linear and streaming services, mobile telephony and data, fixed broadband and telephony, switch and contact center, cloud services, IT services, network services, workplace, video and collaboration, united communications, and security services.
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Frequently asked questions
Is Tele2 AB (publ) overvalued or undervalued?
Bullrun's valuation model currently marks Tele2 AB (publ) as 67.8% undervalued.
What is Tele2 AB (publ)'s market cap?
Tele2 AB (publ)'s market capitalization is SEK 116.83B.
What is Tele2 AB (publ)'s P/E ratio?
Tele2 AB (publ)'s price-to-earnings (P/E) ratio is 11.6.
Does Tele2 AB (publ) pay a dividend?
Tele2 AB (publ) has a dividend yield of 4.9%.
What does Tele2 AB (publ) do?
Tele2 AB (publ) provides fixed and mobile connectivity and entertainment services in Sweden, Lithuania, Latvia, and Estonia. The company offers handset related data services, linear and streaming services, mobile telephony and data, fixed broadband and telephony, switch and contact center, cloud services, IT services, network services, workplace, video and collaboration, united communications, and security services.