Home Compare KPN.AS vs TEL.OL
Stock Comparison · Industry comparison · Telecom Services

Koninklijke KPN N.V. vs Telenor A: Which Stock Looks Stronger in 2026?

Koninklijke KPN holds the cleaner structural position, with growth as the main driver and stability adding further support. The market setup is broadly comparable for both — no clear directional signal from price behavior. The market is not adding a decisive signal either way — the structural read carries the weight.

The comparison is based on similar long-term financial trajectories, not sector labels.

Updated 2026-04-05

The clearest separation starts in growth, but stability adds another real layer to the result. The overall score gap is 13 points in favour of Koninklijke KPN N.V..

INDUSTRY COMPARISON

Both operate in: Telecom Services

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

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

Peer-Relative Score
KPN.AS
Koninklijke KPN N.V.
70
Peer-Score
Signal qualityHigh
vs
TEL.OL
Telenor ASA
57
Peer-Score
Signal qualityHigh

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

Score differences across key dimensions.

Dimension spread: KPN.AS vs TEL.OL Profitability 86 72 Stability 77 62 Valuation 59 63 Growth 59 20 KPN.AS TEL.OL
Gap Ranking
#1 Growth +39
#2 Stability +15
#3 Profitability +14
#4 Valuation +4
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for KPN.AS and TEL.OL Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer KPN.ASTEL.OL Relative valuation Structural strength

The setup remains mixed because the stronger profile and the more supportive price setup do not sit on the same side.

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

Relative Position vs Comparable Companies
Growth
On growth, Koninklijke KPN N.V. is positioned higher in the group, while Telenor ASA is closer to the middle.
Stability
Both look solid on stability, though Koninklijke KPN N.V. still holds the stronger peer position.
Growth — Dominant Gap
KPN.AS
59
TEL.OL
20
Gap+39in favour of KPN.AS

Earnings growth is one contributing factor within the growth lead.

What else supports the lead

Stability also supports the lead, so the result is broader than one isolated gap.

What this means for the comparison

Growth is the clearest driver, and stability also supports Koninklijke KPN N.V.'s broader structural position.

Explore full peer positioning in AssetNext

Break down the KPN.AS vs TEL.OL comparison across all dimensions with the full interactive tool.

Explore full breakdown →
Similar growth-driven comparisons

Explore how KPN.AS 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.

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.