TELE2 AB UNSP.ADR/1/2 B (NCY) - Net Assets
Based on the latest financial reports, TELE2 AB UNSP.ADR/1/2 B (NCY) has net assets worth €28.78 Billion EUR (≈ $33.65 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€69.93 Billion ≈ $81.75 Billion USD) and total liabilities (€41.14 Billion ≈ $48.10 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Explore TELE2 AB UNSP.ADR/1/2 B operating cash flow efficiency to assess how effectively this company generates cash.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €28.78 Billion |
| % of Total Assets | 41.16% |
| Annual Growth Rate | -2.03% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 2.0 |
TELE2 AB UNSP.ADR/1/2 B - Net Assets Trend (2022–2025)
This chart illustrates how TELE2 AB UNSP.ADR/1/2 B's net assets have evolved over time, based on quarterly financial data. Also explore NCY total asset value for the complete picture of this company's asset base.
Annual Net Assets for TELE2 AB UNSP.ADR/1/2 B (2022–2025)
The table below shows the annual net assets of TELE2 AB UNSP.ADR/1/2 B from 2022 to 2025. For live valuation and market cap data, see TELE2 AB UNSP.ADR/1/2 B market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €22.27 Billion ≈ $26.03 Billion |
+0.77% |
| 2024-12-31 | €22.10 Billion ≈ $25.83 Billion |
-3.00% |
| 2023-12-31 | €22.78 Billion ≈ $26.63 Billion |
-3.81% |
| 2022-12-31 | €23.68 Billion ≈ $27.69 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to TELE2 AB UNSP.ADR/1/2 B's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 126700000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €28.31 Billion | 127.13% |
| Total Equity | €22.27 Billion | 100.00% |
TELE2 AB UNSP.ADR/1/2 B Competitors by Market Cap
The table below lists competitors of TELE2 AB UNSP.ADR/1/2 B ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Medpace Holdings Inc
NASDAQ:MEDP
|
$12.22 Billion |
|
Invesco Plc
NYSE:IVZ
|
$12.23 Billion |
|
DT Midstream Inc
NYSE:DTM
|
$12.24 Billion |
|
SON.HO.UN.ADR 1/5 SF -05
F:PHBA
|
$12.25 Billion |
|
Sociedad Quimica y Minera de Chile SA ADR B
NYSE:SQM
|
$12.20 Billion |
|
CARLSBERG B DK20 ADR 1/5
F:CBGC
|
$12.20 Billion |
|
Gfl Environmental Holdings Inc
TO:GFL
|
$12.18 Billion |
|
NIPPON YUSEN K.K.SP.DR1/5
F:NYK
|
$12.18 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TELE2 AB UNSP.ADR/1/2 B's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 22,097,000,000 to 22,267,000,000, a change of 170,000,000 (0.8%).
- Net income of 4,587,000,000 contributed positively to equity growth.
- Dividend payments of 4,403,000,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €4.59 Billion | +20.6% |
| Dividends Paid | €4.40 Billion | -19.77% |
| Other Changes | €-14.00 Million | -0.06% |
| Total Change | €- | 0.77% |
Book Value vs Market Value Analysis
This analysis compares TELE2 AB UNSP.ADR/1/2 B's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.27x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-12-31 | €34.27 | €8.60 | x |
| 2023-12-31 | €32.94 | €8.60 | x |
| 2024-12-31 | €31.91 | €8.60 | x |
| 2025-12-31 | €32.11 | €8.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TELE2 AB UNSP.ADR/1/2 B utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 20.60%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.35%
- • Asset Turnover: 0.48x
- • Equity Multiplier: 2.82x
- Recent ROE (20.60%) is above the historical average (19.51%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 23.54% | 19.83% | 0.42x | 2.86x | €3.21 Billion |
| 2023 | 16.40% | 12.84% | 0.44x | 2.90x | €1.46 Billion |
| 2024 | 17.51% | 13.08% | 0.46x | 2.92x | €1.66 Billion |
| 2025 | 20.60% | 15.35% | 0.48x | 2.82x | €2.36 Billion |
Industry Comparison
This section compares TELE2 AB UNSP.ADR/1/2 B's net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $354,207,675,756
- Average return on equity (ROE) among peers: -1.84%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TELE2 AB UNSP.ADR/1/2 B (NCY) | €28.78 Billion | 23.54% | 1.43x | $12.21 Billion |
| LIBERTY LAT.AMER.A DL-01 (1LL) | $2.90 Billion | -15.21% | 4.30x | $309.25 Million |
| LIBERTY LAT.AMER.C DL-01 (1LLC) | $2.31 Billion | -3.19% | 4.89x | $1.31 Billion |
| 1&1 AG (1U1) | $5.89 Billion | 5.35% | 0.31x | $4.35 Billion |
| CHINA TOWER UNSP.ADR/100 (2Y10) | $193.59 Billion | 4.54% | 0.58x | $5.02 Billion |
| SOFTBANK CORP. ADR (3AG0) | $3.21 Trillion | 16.09% | 3.08x | $52.06 Billion |
| TELSTRA GROUP LTD SP.ADR (5KB) | $17.82 Billion | 10.82% | 1.53x | $37.53 Billion |
| VODACOM GROUP LTD. SP.ADR (5VD0) | $103.65 Billion | 16.01% | 1.41x | $15.26 Billion |
| EuroTeleSites AG (7YF) | $413.94 Million | 8.07% | 4.07x | $762.51 Million |
| Swissnet AG (81D) | $3.64 Million | -68.81% | 0.60x | $30.80 Million |
| AIRTEL AFRICA UNSP.ADR/10 (9AA0) | $2.77 Billion | 7.93% | 3.33x | $16.88 Billion |
About TELE2 AB UNSP.ADR/1/2 B
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, an… Read more