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, an… Read more
Tele2 AB (publ) (TEL2-A) - Net Assets
Latest net assets as of December 2025: Skr22.27 Billion SEK
Based on the latest financial reports, Tele2 AB (publ) (TEL2-A) has net assets worth Skr22.27 Billion SEK as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr62.88 Billion) and total liabilities (Skr40.61 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr22.27 Billion |
| % of Total Assets | 35.41% |
| Annual Growth Rate | 7.21% |
| 5-Year Change | -28.5% |
| 10-Year Change | 22.37% |
| Growth Volatility | 60.05 |
Tele2 AB (publ) - Net Assets Trend (1997–2025)
This chart illustrates how Tele2 AB (publ)'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Tele2 AB (publ) (1997–2025)
The table below shows the annual net assets of Tele2 AB (publ) from 1997 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Skr22.27 Billion | +0.77% |
| 2024-12-31 | Skr22.10 Billion | -3.00% |
| 2023-12-31 | Skr22.78 Billion | -3.81% |
| 2022-12-31 | Skr23.68 Billion | -23.95% |
| 2021-12-31 | Skr31.14 Billion | -4.91% |
| 2020-12-31 | Skr32.75 Billion | -5.90% |
| 2019-12-31 | Skr34.80 Billion | -4.28% |
| 2018-12-31 | Skr36.36 Billion | +114.98% |
| 2017-12-31 | Skr16.91 Billion | -7.05% |
| 2016-12-31 | Skr18.20 Billion | +1.65% |
| 2015-12-31 | Skr17.90 Billion | -21.08% |
| 2014-12-31 | Skr22.68 Billion | +5.05% |
| 2013-12-31 | Skr21.59 Billion | +5.69% |
| 2012-12-31 | Skr20.43 Billion | -4.77% |
| 2011-12-31 | Skr21.45 Billion | -25.71% |
| 2010-12-31 | Skr28.88 Billion | +1.44% |
| 2009-12-31 | Skr28.46 Billion | +0.94% |
| 2008-12-31 | Skr28.20 Billion | +5.04% |
| 2007-12-31 | Skr26.85 Billion | -7.81% |
| 2006-12-31 | Skr29.12 Billion | -17.66% |
| 2005-12-31 | Skr35.37 Billion | +12.64% |
| 2004-12-31 | Skr31.40 Billion | +3.40% |
| 2003-12-31 | Skr30.37 Billion | +5.71% |
| 2002-12-31 | Skr28.73 Billion | -2.67% |
| 2001-12-31 | Skr29.52 Billion | +10.58% |
| 2000-12-31 | Skr26.69 Billion | +280.35% |
| 1999-12-31 | Skr7.02 Billion | +114.95% |
| 1998-12-31 | Skr3.26 Billion | +3.03% |
| 1997-12-31 | Skr3.17 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tele2 AB (publ)'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 486136574400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Skr870.00 Million | 3.91% |
| Other Comprehensive Income | Skr60.00 Million | 0.27% |
| Other Components | Skr27.38 Billion | 122.96% |
| Total Equity | Skr22.27 Billion | 100.00% |
Tele2 AB (publ) Competitors by Market Cap
The table below lists competitors of Tele2 AB (publ) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
STMicroelectronics N.V
PINK:STMEF
|
$11.87 Billion |
|
New York Times Company
NYSE:NYT
|
$11.88 Billion |
|
Krung Thai Bank Public Co Ltd
PINK:KGTFY
|
$11.88 Billion |
|
Zangge Holding Co Ltd
SHE:000408
|
$11.89 Billion |
|
Zhejiang Sanhua Co Ltd
SHE:002050
|
$11.82 Billion |
|
Oil & Natural Gas Corporation Limited
NSE:ONGC
|
$11.82 Billion |
|
Ryohin Keikaku Co Ltd
PINK:RYKKY
|
$11.80 Billion |
|
LG Energy Solution Ltd
KO:373220
|
$11.79 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tele2 AB (publ)'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.
- Other comprehensive income decreased equity by 189,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr4.59 Billion | +20.6% |
| Dividends Paid | Skr4.40 Billion | -19.77% |
| Other Comprehensive Income | Skr-189.00 Million | -0.85% |
| Other Changes | Skr175.00 Million | +0.79% |
| Total Change | Skr- | 0.77% |
Book Value vs Market Value Analysis
This analysis compares Tele2 AB (publ)'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: 5.99x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 6.38x to 5.99x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-12-31 | Skr30.01 | Skr191.50 | x |
| 1998-12-31 | Skr30.68 | Skr191.50 | x |
| 1999-12-31 | Skr65.11 | Skr191.50 | x |
| 2000-12-31 | Skr225.38 | Skr191.50 | x |
| 2001-12-31 | Skr194.58 | Skr191.50 | x |
| 2002-12-31 | Skr187.46 | Skr191.50 | x |
| 2003-12-31 | Skr197.88 | Skr191.50 | x |
| 2004-12-31 | Skr204.59 | Skr191.50 | x |
| 2005-12-31 | Skr75.99 | Skr191.50 | x |
| 2006-12-31 | Skr62.46 | Skr191.50 | x |
| 2007-12-31 | Skr58.05 | Skr191.50 | x |
| 2008-12-31 | Skr61.11 | Skr191.50 | x |
| 2009-12-31 | Skr62.02 | Skr191.50 | x |
| 2010-12-31 | Skr62.81 | Skr191.50 | x |
| 2011-12-31 | Skr46.33 | Skr191.50 | x |
| 2012-12-31 | Skr44.02 | Skr191.50 | x |
| 2013-12-31 | Skr46.42 | Skr191.50 | x |
| 2014-12-31 | Skr48.72 | Skr191.50 | x |
| 2015-12-31 | Skr37.41 | Skr191.50 | x |
| 2016-12-31 | Skr40.61 | Skr191.50 | x |
| 2017-12-31 | Skr33.65 | Skr191.50 | x |
| 2018-12-31 | Skr67.98 | Skr191.50 | x |
| 2019-12-31 | Skr50.39 | Skr191.50 | x |
| 2020-12-31 | Skr47.33 | Skr191.50 | x |
| 2021-12-31 | Skr44.93 | Skr191.50 | x |
| 2022-12-31 | Skr34.11 | Skr191.50 | x |
| 2023-12-31 | Skr32.75 | Skr191.50 | x |
| 2024-12-31 | Skr31.72 | Skr191.50 | x |
| 2025-12-31 | Skr31.95 | Skr191.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tele2 AB (publ) 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 (12.40%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 1.53% | 1.19% | 0.46x | 2.75x | Skr-268.26 Million |
| 1998 | 2.04% | 1.11% | 0.59x | 3.12x | Skr-259.86 Million |
| 1999 | 53.83% | 46.00% | 0.56x | 2.10x | Skr3.08 Billion |
| 2000 | -1.41% | -3.02% | 0.29x | 1.59x | Skr-3.05 Billion |
| 2001 | 1.33% | 1.56% | 0.51x | 1.67x | Skr-2.56 Billion |
| 2002 | 0.78% | 0.71% | 0.67x | 1.63x | Skr-2.65 Billion |
| 2003 | 7.89% | 6.49% | 0.77x | 1.58x | Skr-640.00 Million |
| 2004 | 6.06% | 4.42% | 0.90x | 1.52x | Skr-1.24 Billion |
| 2005 | 6.71% | 4.70% | 0.73x | 1.95x | Skr-1.15 Billion |
| 2006 | -12.55% | -7.19% | 0.76x | 2.30x | Skr-6.50 Billion |
| 2007 | -6.22% | -3.84% | 0.89x | 1.81x | Skr-4.35 Billion |
| 2008 | 8.56% | 6.10% | 0.84x | 1.67x | Skr-404.10 Million |
| 2009 | 15.91% | 11.51% | 0.97x | 1.42x | Skr1.68 Billion |
| 2010 | 23.99% | 17.24% | 0.99x | 1.40x | Skr4.04 Billion |
| 2011 | 22.83% | 12.02% | 0.88x | 2.17x | Skr2.75 Billion |
| 2012 | 15.98% | 7.46% | 0.89x | 2.41x | Skr1.22 Billion |
| 2013 | 67.58% | 48.84% | 0.75x | 1.85x | Skr12.43 Billion |
| 2014 | 9.75% | 8.52% | 0.65x | 1.76x | Skr-57.00 Million |
| 2015 | 16.68% | 11.12% | 0.74x | 2.02x | Skr1.20 Billion |
| 2016 | -10.62% | -6.93% | 0.70x | 2.19x | Skr-3.81 Billion |
| 2017 | 2.50% | 1.70% | 0.64x | 2.30x | Skr-1.28 Billion |
| 2018 | 4.43% | 6.79% | 0.29x | 2.27x | Skr-2.02 Billion |
| 2019 | 7.47% | 9.40% | 0.35x | 2.29x | Skr-879.50 Million |
| 2020 | 22.62% | 27.90% | 0.35x | 2.30x | Skr4.13 Billion |
| 2021 | 13.83% | 16.07% | 0.36x | 2.38x | Skr1.19 Billion |
| 2022 | 23.54% | 19.83% | 0.42x | 2.86x | Skr3.21 Billion |
| 2023 | 16.40% | 12.84% | 0.44x | 2.90x | Skr1.46 Billion |
| 2024 | 17.51% | 13.08% | 0.46x | 2.92x | Skr1.66 Billion |
| 2025 | 20.60% | 15.35% | 0.48x | 2.82x | Skr2.36 Billion |
Industry Comparison
This section compares Tele2 AB (publ)'s net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $7,483,601,750
- Average return on equity (ROE) among peers: -4.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tele2 AB (publ) (TEL2-A) | Skr22.27 Billion | 1.53% | 1.82x | $11.83 Billion |
| Bahnhof AB Series B (BAHN-B) | $283.36 Million | 30.48% | 1.33x | $109.20 Million |
| Bredband2 i Skandinavien AB (BRE2) | $50.21 Million | 8.78% | 1.49x | $168.96 Million |
| Eltel AB (ELTEL) | $254.90 Million | 3.73% | 2.86x | $72.37 Million |
| Ovzon AB (OVZON) | $1.29 Billion | -8.05% | 0.03x | $530.40 Million |
| Sinch AB (SINCH) | $1.66 Billion | 10.79% | 1.18x | $1.22 Billion |
| TalkPool AG (TALK) | $542.00K | 13.47% | 8.27x | $7.39 Million |
| Telia Company AB (TELIA) | $56.31 Billion | 18.25% | 1.18x | $9.87 Billion |
| TH1NG AB (TH1NG) | $15.00 Million | -113.43% | 1.35x | $256.88K |