Tele2 AB (publ)

ST:TEL2-B Sweden Telecom Services
Market Cap
$11.78 Billion
Skr132.13 Billion SEK
Market Cap Rank
#1506 Global
#6 in Sweden
Share Price
Skr193.25
Change (1 day)
+0.34%
52-Week Range
Skr124.20 - Skr193.25
All Time High
Skr193.25
About

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-B) - Net Assets

Latest net assets as of December 2025: Skr22.27 Billion SEK

Based on the latest financial reports, Tele2 AB (publ) (TEL2-B) 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 Components Skr27.44 Billion 123.23%
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.

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 249,000,000.
  • Other factors increased equity by 235,000,000.

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-249.00 Million -1.12%
Other Changes Skr235.00 Million +1.06%
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: 6.05x
  • 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 6.44x to 6.05x 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 Skr193.25 x
1998-12-31 Skr30.68 Skr193.25 x
1999-12-31 Skr65.11 Skr193.25 x
2000-12-31 Skr225.38 Skr193.25 x
2001-12-31 Skr194.58 Skr193.25 x
2002-12-31 Skr187.46 Skr193.25 x
2003-12-31 Skr197.88 Skr193.25 x
2004-12-31 Skr204.59 Skr193.25 x
2005-12-31 Skr75.99 Skr193.25 x
2006-12-31 Skr62.46 Skr193.25 x
2007-12-31 Skr58.05 Skr193.25 x
2008-12-31 Skr61.11 Skr193.25 x
2009-12-31 Skr62.02 Skr193.25 x
2010-12-31 Skr62.81 Skr193.25 x
2011-12-31 Skr46.33 Skr193.25 x
2012-12-31 Skr44.02 Skr193.25 x
2013-12-31 Skr46.42 Skr193.25 x
2014-12-31 Skr48.72 Skr193.25 x
2015-12-31 Skr37.41 Skr193.25 x
2016-12-31 Skr40.61 Skr193.25 x
2017-12-31 Skr33.65 Skr193.25 x
2018-12-31 Skr67.98 Skr193.25 x
2019-12-31 Skr50.39 Skr193.25 x
2020-12-31 Skr47.33 Skr193.25 x
2021-12-31 Skr44.93 Skr193.25 x
2022-12-31 Skr34.11 Skr193.25 x
2023-12-31 Skr32.75 Skr193.25 x
2024-12-31 Skr31.72 Skr193.25 x
2025-12-31 Skr31.95 Skr193.25 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-B) Skr22.27 Billion 1.53% 1.82x $11.57 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 $72.89 Million
Ovzon AB (OVZON) $1.29 Billion -8.05% 0.03x $563.23 Million
Sinch AB (SINCH) $1.66 Billion 10.79% 1.18x $1.24 Billion
TalkPool AG (TALK) $542.00K 13.47% 8.27x $7.52 Million
Telia Company AB (TELIA) $56.31 Billion 18.25% 1.18x $9.90 Billion
TH1NG AB (TH1NG) $15.00 Million -113.43% 1.35x $256.88K