Tele2 B (TEL2-B) Stock Price, Fundamentals & Analysis

What TEL2-B does

Tele2 B (TEL2-B) is a stock listed on the Nasdaq Stockholm market in the Communication Services sector, within the Telecom Services industry. Headquartered in Kista, Sweden, the company provides fixed and mobile connectivity and entertainment services across Sweden, Lithuania, Latvia, and Estonia. Its offerings include mobile telephony and data, fixed broadband and telephony, cloud services, IT services, network services, and unified communications, as well as data network services such as dark fiber, dedicated wavelength, ethernet, IP VPN, and internet services. The company also provides IoT solutions, on-demand roaming services, and value-added services like shortcodes and long numbers for business customer communication.

Key numbers explained

• The current price of 167.9 SEK reflects the latest trading value; the +0.27% price change today shows the day's movement relative to the previous close.
• The trailing P/E ratio of 11.6 compares the current share price to the last 12 months of earnings per share (14.49 SEK), while the forward P/E ratio of 25.4 uses expected future earnings, offering a different view of valuation.
• The dividend yield of 6.25% indicates the annual dividend payout as a percentage of the current share price, with 58% of earnings paid out as dividends and an ex-dividend date of Oct 12, 2026.
• The beta of 0.32 suggests the stock has historically been less volatile than the overall market, while the 52-week range of 143.05 – 198.3 shows the lowest and highest prices over the past year.
• The price-to-book ratio of 5.13 compares the market price to the company's book value per share, and the debt-to-equity ratio of 135.2% indicates the level of debt relative to shareholders' equity.
• The return on equity of 47.6% measures how effectively the company generates profit from shareholders' equity, and the profit margin of 33.6% shows the percentage of revenue that becomes profit.

What to watch

Investors tracking TEL2-B may consider the company's position within the Swedish telecom landscape alongside peers such as Telia Company (TELIA) and other regional operators like Elisa (ELISA). The next earnings date of Oct 20, 2026 is a key calendar event for updated financial results. General factors that can affect a telecom stock include regulatory changes, competition, capital expenditure cycles, and currency movements, given the company's operations across multiple Nordic and Baltic markets.