Tele2 AB (Sweden) Today

TEL2-B Stock  SEK 114.55  0.35  0.31%   

Performance

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Odds Of Distress

Less than 37

 
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Tele2 AB is trading at 114.55 as of the 28th of November 2024, a 0.31% up since the beginning of the trading day. The stock's open price was 114.2. Tele2 AB has about a 37 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Tele2 AB are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
Tele2 AB , a telecom operator, provides telecommunication services for residential and business customers. Tele2 AB was founded in 1993 and is headquartered in Stockholm, Sweden. Tele2 AB operates under Telecom Services classification in Sweden and is traded on Stockholm Stock Exchange. The company has 667.36 M outstanding shares. More on Tele2 AB

Moving together with Tele2 Stock

  0.67TEL2-A Tele2 ABPairCorr

Moving against Tele2 Stock

  0.52VOLV-A AB VolvoPairCorr
  0.51VOLV-B AB VolvoPairCorr
  0.47ARION-SDB Arion banki hfPairCorr
Follow Valuation Odds of Bankruptcy
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Tele2 Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Tele2 AB's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Tele2 AB or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Business ConcentrationTelecom Services, Communication Services (View all Sectors)
Tele2 AB (TEL2-B) is traded on Stockholm Exchange in Sweden and employs 10 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 64.39 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Tele2 AB's market, we take the total number of its shares issued and multiply it by Tele2 AB's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Tele2 AB operates under Communication Services sector and is part of Telecom Services industry. The entity has 667.36 M outstanding shares. Tele2 AB has accumulated about 880 M in cash with 10.3 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.4.
Check Tele2 AB Probability Of Bankruptcy
Ownership Allocation
Tele2 AB shows a total of 667.36 Million outstanding shares. Over half of Tele2 AB's outstanding shares are owned by institutional holders. These institutional holders are typically referred to as corporate investors that take positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Tele2 AB. Please watch out for any change in the institutional holdings of Tele2 AB as this could mean something significant has changed or is about to change at the company. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Tele2 Ownership Details

Tele2 AB Risk Profiles

Although Tele2 AB's alpha and beta are two of the key measurements used to evaluate Tele2 AB's performance over the market, the standard measures of volatility play an important role as well.

Tele2 Stock Against Markets

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Tele2 AB Corporate Management

Elected by the shareholders, the Tele2 AB's board of directors comprises two types of representatives: Tele2 AB inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Tele2. The board's role is to monitor Tele2 AB's management team and ensure that shareholders' interests are well served. Tele2 AB's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Tele2 AB's outside directors are responsible for providing unbiased perspectives on the board's policies.

Other Information on Investing in Tele2 Stock

Tele2 AB financial ratios help investors to determine whether Tele2 Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Tele2 with respect to the benefits of owning Tele2 AB security.