Company Valuation: Telecom Italia Di Risp

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 6,841 3,416 4,662 3,929 8,202 16,218 - -
Change - -50.06% 36.45% -15.72% 108.77% 97.72% - -
Enterprise Value (EV) 1 29,028 28,780 30,318 14,055 17,980 24,046 23,693 23,245
Change - -0.85% 5.34% -53.64% 27.93% 33.74% -1.47% -1.89%
P/E -1.09x -1.55x -4.2x -8.22x 25.7x 49x 26.2x 19.7x
PBR 0.38x 0.31x 0.46x 0.44x 0.89x 1.32x 1.13x 1.11x
PEG - 0x 0.1x 0.1x -0x -2.2x 0.3x 0.6x
Capitalization / Revenue 0.45x 0.22x 0.29x 0.27x 0.6x 1.14x 1.11x 1.08x
EV / Revenue 1.9x 1.82x 1.86x 0.97x 1.31x 1.69x 1.62x 1.55x
EV / EBITDA 5.71x 5.38x 5.31x 2.91x 3.94x 5.19x 4.82x 4.52x
EV / EBIT -8.23x 47.5x 36.3x 9.1x 11.5x 14.7x 12.4x 11x
EV / FCF 89.9x -20.4x -798x 10.8x 17.9x 16.5x 19.9x 16.4x
FCF Yield 1.11% -4.9% -0.13% 9.23% 5.6% 6.06% 5.03% 6.09%
Dividend per Share 2 - - - - - 0.2454 0.3021 0.3304
Rate of return - - - - - 3.22% 3.96% 4.33%
EPS 2 -4 -1.4 -0.7 -0.3 0.2 0.1558 0.2915 0.3884
Distribution rate - - - - - 157% 104% 85.1%
Net sales 1 15,316 15,788 16,296 14,442 13,734 14,237 14,642 15,013
EBITDA 1 5,080 5,347 5,710 4,825 4,566 4,630 4,912 5,140
EBIT 1 -3,529 606 836 1,545 1,564 1,632 1,905 2,117
Net income 1 -8,652 -2,925 -1,441 -610 297 188.8 523.4 676.1
Net Debt 1 22,187 25,364 25,656 10,126 9,778 7,828 7,476 7,027
Reference price 2 4.342 2.163 2.942 2.466 5.138 7.632 7.632 7.632
Nbr of stocks (in thousands) 2,120,271 2,124,132 2,125,220 2,125,220 2,126,082 2,124,967 - -
Announcement Date 3/2/22 3/15/23 3/6/24 3/5/25 3/11/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
11.59x1.36x4.26x6.83% 230B
10.67x2.54x6.72x5.82% 201B
13.83x2.22x5.71x3.93% 159B
12.17x0.91x3.57x6.45% 83.98B
12.97x1.82x7.78x3.27% 83.25B
11.46x1.81x4.57x2.75% 70.61B
15.17x2.65x8.29x5.06% 57.96B
23.89x5.38x19.73x4.38% 56.82B
12.24x1.81x5.45x4.79% 50.48B
Average 13.78x 2.28x 7.34x 4.81% 110.46B
Weighted average by Cap. 12.86x 2.10x 6.43x 5.19%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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