Valuation Telecom Italia S.p.A.

Equities

Market Closed - Borsa Italiana Other stock markets 10:15:00 13/03/2026 pm IST			5-day change	1st Jan Change
0.5930 ^EUR	-2.11%		+1.30%	+15.41%

13/03	Milan stock exchange erases losses in line with Europe, energy gains offset banking slump	RE
13/03	Selling pressure prevails; Saipem-Eni tandem performs well	AN

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	8,279	9,107	4,546	6,305	5,499	13,263	13,263	-
Change	-	10%	-50.08%	38.68%	-12.78%	141.18%	0%	-
Enterprise Value (EV) ¹	31,605	31,294	29,910	31,961	15,625	22,320	21,287	21,053
Change	-	-0.98%	-4.42%	6.86%	-51.11%	42.84%	-4.63%	-1.1%
P/E ratio	1.14x	-1.09x	-1.55x	-4.2x	-8.22x	58x	32.5x	20.6x
PBR	0.3x	0.38x	0.31x	0.46x	0.44x	0.98x	0.93x	0.91x
PEG	-	0x	0x	0.1x	0.1x	-0x	0.4x	0.4x
Capitalization / Revenue	0.52x	0.59x	0.29x	0.39x	0.38x	0.84x	0.94x	0.91x
EV / Revenue	2x	2.04x	1.89x	1.96x	1.08x	1.62x	1.51x	1.45x
EV / EBITDA	4.69x	6.16x	5.59x	5.6x	3.24x	5.1x	4.64x	4.35x
EV / EBIT	15x	-8.87x	49.4x	38.2x	10.1x	16.8x	12.9x	11.3x
EV / FCF	10.3x	96.9x	-21.2x	-841x	12x	31.2x	15.8x	16.6x
FCF Yield	9.73%	1.03%	-4.71%	-0.12%	8.3%	3.21%	6.33%	6.02%
Dividend per Share ²	0.01	-	-	-	-	0.0131	0.0191	0.0243
Rate of return	2.65%	-	-	-	-	2.21%	3.23%	4.09%
EPS ²	0.33	-0.4	-0.14	-0.07	-0.03	0.0102	0.0182	0.0287
Distribution rate	3.03%	-	-	-	-	128%	105%	84.5%
Net sales ¹	15,805	15,316	15,788	16,296	14,442	13,734	14,138	14,555
EBITDA ¹	6,739	5,080	5,347	5,710	4,825	4,566	4,591	4,837
EBIT ¹	2,104	-3,529	606	836	1,545	1,564	1,645	1,861
Net income ¹	7,224	-8,652	-2,925	-1,441	-610	297	351.8	505.6
Net Debt ¹	23,326	22,187	25,364	25,656	10,126	9,057	8,023	7,790
Reference price ²	0.3774	0.4342	0.2163	0.2942	0.2466	0.5930	0.5930	0.5930
Nbr of stocks (in thousands)	2,11,95,996	2,12,02,712	2,12,41,316	2,12,52,196	2,12,52,196	2,12,60,815	2,12,60,815	-
Announcement Date	24/02/21	02/03/22	15/03/23	06/03/24	05/03/25	11/03/26	-	-

¹EUR in Million²EUR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
TELECOM ITALIA S.P.A.	57.97x	1.62x	5.1x	2.21%	1.52TCr
CHINA MOBILE LIMITED	10.67x	1.24x	3.85x	7.02%	22TCr
VERIZON COMMUNICATIONS, INC.	10.59x	2.56x	6.95x	5.47%	22TCr
DEUTSCHE TELEKOM AG	16.29x	2.38x	6.27x	3.38%	18TCr
NTT, INC.	12.26x	1.72x	7.13x	3.43%	7.89TCr
CHINA TELECOM CORPORATION LIMITED	11.85x	0.83x	3.05x	6.24%	7.86TCr
AMÉRICA MÓVIL, S.A.B. DE C.V.	14.26x	2.01x	5.07x	2.53%	6.9TCr
SINGAPORE TELECOMMUNICATIONS LIMITED	29.43x	6.1x	22.07x	3.7%	6.37TCr
SAUDI TELECOM COMPANY	14.88x	2.51x	7.99x	5.22%	5.62TCr
ORANGE	33.39x	1.84x	6.15x	4.38%	5.33TCr
Average	21.16x	2.28x	7.36x	4.36%	10.4TCr
Weighted average by Cap.	15.32x	2.18x	6.67x	4.92%