Home Compare DTE.DE vs TEL.OL
Stock Comparison · Industry comparison · Telecom Services

Deutsche Telekom vs Telenor A: Which Stock Looks Stronger in 2026?

Structurally, Deutsche Telekom and Telenor ASA are closely matched — neither holds a meaningful edge overall. Telenor ASA still has the edge on stability, which keeps the comparison from looking entirely one-sided. Both sides have seen trend damage — neither carries a clear market edge right now. With both trends damaged, the structural comparison carries most of the weight here.

The comparison is based on similar long-term financial trajectories, not sector labels. Both peer scores are relative to the STOXX 600 universe, making them directly comparable.

Updated 2026-08-16

Growth points more clearly toward Deutsche Telekom AG, while the broader score stays level overall.

INDUSTRY COMPARISON

Both operate in: Telecom Services

This comparison is based on industry proximity, not on functional trajectory similarity. DTE.DE and TEL.OL share the same industry classification.

For a similarity-based comparison, see how Deutsche Telekom and Telenor ASA each position within their functional peer groups in AssetNext.

Peer-Relative Score
DTE.DE
Deutsche Telekom AG
61
Peer-Score
Signal qualityMedium
Peer basis: STOXX 600
vs
TEL.OL
Telenor ASA
61
Peer-Score
Signal qualityMedium
Peer basis: STOXX 600

Scores reflect position relative to comparable companies with similar long-term financial trajectories.

The clearest separation appears in growth.

Dimension spread: DTE.DE vs TEL.OL Profitability 68 76 Stability 45 59 Valuation 75 82 Growth 44 9 DTE.DE TEL.OL
Gap Ranking
#1 Growth +35
#2 Stability +14
#3 Profitability +8
#4 Valuation +7
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for DTE.DE and TEL.OL Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer DTE.DETEL.OL Relative valuation Structural strength

The structural gap is limited here, but current pricing still leans against Deutsche Telekom AG.

Valuation position uses peer-relative PE percentile (idx_pct_pe) where available.

Entry today — historical context

Where DTE.DE and TEL.OL each sit in their own 5-year price and valuation history.

BASED ON 5-YEAR HISTORY DTE.DE Elevated · above norm 0th 50th 100th 7 pct gap TEL.OL Elevated · above norm 0th 50th 100th 81st 74th
DTE.DE (81st percentile) and TEL.OL (74th percentile) sit at comparable positions within their own 5-year histories. This reflects entry timing, not which company is structurally stronger.

Describes historical entry positioning only. Descriptive — not investment advice.

Relative Position vs Comparable Companies
Growth
Deutsche Telekom AG sits higher in the group on growth, adding to the overall structural advantage.
Stability
Both look solid on stability, though Telenor ASA still holds the stronger peer position.
Growth — Dominant Gap
DTE.DE
44
TEL.OL
9
Gap+35in favour of DTE.DE

One company is still expanding while the other is contracting, which creates a very wide growth split.

What keeps the gap from being one-sided

Telenor ASA still shows lower market-fundamental divergence, which keeps the wider picture mixed rather than completely one-sided.

What this means for the comparison

Growth provides the clearer read here, while the broader score remains level.

Explore full peer positioning in AssetNext

Break down the DTE.DE vs TEL.OL comparison across all dimensions with the full interactive tool.

Explore full breakdown →
Similar growth-driven comparisons

Explore how DTE.DE and TEL.OL each compare against other companies in their peer groups.

Rule-based, descriptive analysis only. Derived from peer percentile dimensions. Not investment advice. Peer groups are determined algorithmically based on structural similarity — not by sector classification alone.

How AssetNext Peer Scores Work

AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.

Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.

Because scores are peer-relative, the same company can have slightly different scores in different index universes. On comparison pages, both companies are shown within their shared peer universe wherever possible — so the scores are directly comparable. The peer basis is stated on each score card.

Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.