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 17,115 - -
Change - -50.06% 36.45% -15.72% 108.77% 108.66% - -
Enterprise Value (EV) 1 29,028 28,780 30,318 14,055 17,980 24,559 24,310 23,846
Change - -0.85% 5.34% -53.64% 27.93% 36.59% -1.02% -1.9%
P/E -1.09x -1.55x -4.2x -8.22x 25.7x 53.8x 25.8x 19.7x
PBR 0.38x 0.31x 0.46x 0.44x 0.89x 1.46x 1.23x 1.19x
PEG - 0x 0.1x 0.1x -0x -2.2x 0x 0.6x
Capitalization / Revenue 0.45x 0.22x 0.29x 0.27x 0.6x 1.2x 1.17x 1.14x
EV / Revenue 1.9x 1.82x 1.86x 0.97x 1.31x 1.73x 1.66x 1.59x
EV / EBITDA 5.71x 5.38x 5.31x 2.91x 3.94x 5.34x 4.98x 4.67x
EV / EBIT -8.23x 47.5x 36.3x 9.1x 11.5x 15.2x 12.8x 11.5x
EV / FCF 89.9x -20.4x -798x 10.8x 17.9x 20.2x 20.2x 17.4x
FCF Yield 1.11% -4.9% -0.13% 9.23% 5.6% 4.96% 4.94% 5.76%
Dividend per Share 2 - - - - - 0.2388 0.295 0.3348
Rate of return - - - - - 2.96% 3.66% 4.15%
EPS 2 -4 -1.4 -0.7 -0.3 0.2 0.15 0.3126 0.4088
Distribution rate - - - - - 159% 94.4% 81.9%
Net sales 1 15,316 15,788 16,296 14,442 13,734 14,229 14,615 14,982
EBITDA 1 5,080 5,347 5,710 4,825 4,566 4,602 4,885 5,106
EBIT 1 -3,529 606 836 1,545 1,564 1,619 1,903 2,080
Net income 1 -8,652 -2,925 -1,441 -610 297 209.1 512.3 662.8
Net Debt 1 22,187 25,364 25,656 10,126 9,778 7,444 7,194 6,731
Reference price 2 4.342 2.163 2.942 2.466 5.138 8.066 8.066 8.066
Nbr of stocks (in thousands) 2,120,271 2,124,132 2,125,220 2,125,220 2,126,082 2,126,822 - -
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.($)
11.22x1.3x4.02x7.14% 220B
8.81x2.33x6.25x6.64% 177B
12.73x2.08x5.47x4.42% 140B
13.14x2.05x5.17x2.37% 79.1B
11.9x1.74x7.46x3.61% 74.86B
11.94x0.76x2.83x6.75% 71.57B
15.54x2.7x8.47x5.06% 57.88B
23.52x5.31x19.39x4.55% 55.15B
15.24x1.8x5.63x4.94% 48.36B
Average 13.78x 2.23x 7.19x 5.05% 102.71B
Weighted average by Cap. 12.48x 2.03x 6.23x 5.51%

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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