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Tele2 AB (Tele2 AB) Market Cap : $6,598 Mil (As of Apr. 27, 2024)


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What is Tele2 AB Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Tele2 AB's share price for the quarter that ended in Mar. 2024 was $4.125. Tele2 AB's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 1,383 Mil. Therefore, Tele2 AB's market cap for the quarter that ended in Mar. 2024 was $5,706 Mil.

Tele2 AB's quarterly market cap increased from Sep. 2023 ($5,236 Mil) to Dec. 2023 ($6,031 Mil) but then declined from Dec. 2023 ($6,031 Mil) to Mar. 2024 ($5,706 Mil).

Tele2 AB's annual market cap declined from Dec. 2021 ($9,775 Mil) to Dec. 2022 ($5,556 Mil) but then increased from Dec. 2022 ($5,556 Mil) to Dec. 2023 ($6,031 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Tele2 AB's Enterprise Value for Today is $9,257 Mil.


Tele2 AB Market Cap Historical Data

The historical data trend for Tele2 AB's Market Cap can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Tele2 AB Market Cap Chart

Tele2 AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9,947.47 9,007.28 9,774.64 5,555.72 6,031.06

Tele2 AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6,854.82 5,792.03 5,235.68 6,031.06 5,705.99

Competitive Comparison of Tele2 AB's Market Cap

For the Telecom Services subindustry, Tele2 AB's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tele2 AB's Market Cap Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Tele2 AB's Market Cap distribution charts can be found below:

* The bar in red indicates where Tele2 AB's Market Cap falls into.



Tele2 AB Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Tele2 AB's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=$4.36*1383.27
=$6,031

Tele2 AB's Market Cap for the quarter that ended in Mar. 2024 is calculated as

Market Cap (Q: Mar. 2024 )=Share Price (Q: Mar. 2024 )*Shares Outstanding (EOP) (Q: Mar. 2024 )
=$4.125*1383.27
=$5,706

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Tele2 AB  (OTCPK:TLTZY) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Tele2 AB Market Cap Related Terms

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Tele2 AB (Tele2 AB) Business Description

Address
Torshamnsgatan 17, P.O. Box 462, Kista, Stockholm, SWE, 16494
Tele2 is the number two telecom operator by market share in Sweden, after Telia. Tele2 was a pure mobile operator until 2018 when it acquired Com Hem, Sweden's largest cable company. Tele2 is also present in the Baltic markets, where it runs a pure mobile business. During the past decade, Tele2 has shown very good cost discipline and a healthy dividend policy, which we expect to remain.