Telefonica SA
XMUN:TNE2

Watchlist Manager
Telefonica SA Logo
Telefonica SA
XMUN:TNE2
Watchlist
Price: 4.58 EUR Market Closed
Market Cap: 25.5B EUR
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one TNE2 stock under the Base Case scenario is 14.92 EUR. Compared to the current market price of 4.58 EUR, Telefonica SA is Undervalued by 69%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

TNE2 Relative Value
Base Case
14.92 EUR
Undervaluation 69%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

0.6
P/S
P/S
Price to Sales
0.6
vs History
11
vs Industry
75
Median 3Y
0.6
Median 5Y
0.5
Industry
1.5
Forward
0.7
More Details
Negative
P/E
P/E
Price to Earnings
N/A
vs History
vs Industry
38
Median 3Y
-11.9
Median 5Y
2.8
Industry
17.8
Forward
14.9
More Details
2.4
P/OCF
P/OCF
Price to OCF
2.4
vs History
12
vs Industry
66
Median 3Y
2.1
Median 5Y
1.9
Industry
6.7
More Details
7.4
P/FCFE
P/FCFE
Price to FCFE
7.4
vs History
38
vs Industry
45
Median 3Y
6.9
Median 5Y
6.5
Industry
16.8
More Details
1.3
P/B
P/B
Price to Book Value
1.3
vs History
19
vs Industry
54
Median 3Y
1
Median 5Y
1
Industry
2.1
More Details
1.3
EV/S
EV/S
Enterprise Value to Sales
1.3
vs History
38
vs Industry
59
Median 3Y
1.3
Median 5Y
1.3
Industry
2.1
Forward
1.4
More Details
N/A
EV/GP
EV/GP
Enterprise Value to Gross Profit
N/A
vs History
vs Industry
70
Median 3Y
0
Median 5Y
0
Industry
4.2
More Details
21.8
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
21.8
vs History
22
vs Industry
12
Median 3Y
13.3
Median 5Y
13.3
Industry
8.2
Forward
4.4
More Details
21.8
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
21.8
vs History
22
vs Industry
21
Median 3Y
13.3
Median 5Y
13.3
Industry
13.7
Forward
12.5
More Details
5.1
EV/OCF
EV/OCF
Enterprise Value to OCF
5.1
vs History
30
vs Industry
56
Median 3Y
5
Median 5Y
4.9
Industry
8.9
More Details
10.3
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
10.3
vs History
41
vs Industry
43
Median 3Y
10.3
Median 5Y
9.9
Industry
16.1
More Details
0.7
EV/IC
EV/IC
Enterprise Value to IC
0.7
vs History
12
vs Industry
66
Median 3Y
0.7
Median 5Y
0.6
Industry
1.2
More Details

Multiples Across Competitors

TNE2 Competitors Multiples
Telefonica SA Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
ES
Telefonica SA
XMUN:TNE2
25.4B EUR 0.6 -11.8 21.8 21.8
US
AT&T Inc
NYSE:T
207.8B USD 1.7 16.4 7 13
US
Verizon Communications Inc
NYSE:VZ
183.3B USD 1.3 10.1 6 9.4
DE
Deutsche Telekom AG
XETRA:DTE
142.5B EUR 1.2 11.3 5 9.4
JP
Nippon Telegraph and Telephone Corp
TSE:9432
13.1T JPY 1 13.3 6.1 12.1
CN
China Telecom Corp Ltd
SSE:601728
620.4B CNY 1.2 18.1 14.5 14.5
SG
Singapore Telecommunications Ltd
SGX:Z74
72.8B SGD 5.1 18.1 21.2 58.4
SA
Saudi Telecom Company SJSC
SAU:7010
189B SAR 2.5 7.4 6.7 11.4
FR
Orange SA
PAR:ORA
36.4B EUR 0.9 38.4 5 14
CH
Swisscom AG
SIX:SCMN
30B CHF 2.3 22.5 8.5 25.4
HK
China Unicom Hong Kong Ltd
HKEX:762
293.7B HKD 0.4 6.7 2.1 7.2

See Also

Summary
TNE2 intrinsic value, competitors valuation, and company profile.
DCF Valuation
TNE2 stock valuation using Discount Cash Flow valuation method.
Relative Valuation
TNE2 stock valuation using valuation multiples.
Wall Street Estimates
TNE2 price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
TNE2 stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
Back to Top
ALPHA SPREAD
Follow us
Join more than 283,500+ value investors using Alpha Spread
Create Free Account
or see our plans & pricing

Company

About Us Careers Pricing Affiliate Program Terms of Service Privacy Policy

Help

What is Intrinsic Value? Help Center Contact Us

Tools

Stock Screener Intrinsic Value Calculator DCF Value Calculator Discount Rate Calculator

Stocks

Most Undervalued Stocks Wide Economic Moat Stocks High Profitability Stocks High Solvency Stocks Most Popular Stocks

© 2025 Alpha Spread Limited. All Rights Reserved.

www.alphaspread.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on www.alphaspread.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. In no event shall Alpha Spread Limited be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on www.alphaspread.com, or relating to the use of, or inability to use, www.alphaspread.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance.