View ValuationThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsTelefónica Deutschland Holding 将来の成長Future 基準チェック /06Telefónica Deutschland Holdingの収益と利益は、それぞれ年間1.1%と41.1%減少すると予測されています。EPS は年間18.4%で 減少すると予想されています。自己資本利益率は 3 年後に-1.9%になると予測されています。主要情報-41.1%収益成長率-18.40%EPS成長率Telecom 収益成長20.6%収益成長率-1.1%将来の株主資本利益率-1.90%アナリストカバレッジGood最終更新日24 Apr 2024今後の成長に関する最新情報Major Estimate Revision • Feb 28Consensus EPS estimates fall by 27%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from €0.095 to €0.07 per share. Revenue forecast steady at €8.71b. Net income forecast to grow 11% next year vs 18% growth forecast for Telecom industry in Germany. Consensus price target of €1.99 unchanged from last update. Share price was steady at €2.35 over the past week.Major Estimate Revision • Nov 17Consensus EPS estimates increase by 15%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from €0.064 to €0.074. Revenue forecast steady at €8.55b. Net income forecast to grow 7.3% next year vs 18% growth forecast for Telecom industry in Germany. Consensus price target broadly unchanged at €1.93. Share price was steady at €2.35 over the past week.Price Target Changed • Aug 17Price target decreased by 8.1% to €2.16Down from €2.35, the current price target is an average from 19 analysts. New target price is 27% above last closing price of €1.71. Stock is down 35% over the past year. The company is forecast to post earnings per share of €0.068 for next year compared to €0.078 last year.Major Estimate Revision • Aug 08Consensus EPS estimates fall by 11%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from €0.074 to €0.065 per share. Revenue forecast steady at €8.57b. Net income forecast to shrink 2.8% next year vs 2.6% decline forecast for Telecom industry in Germany. Consensus price target down from €2.74 to €2.35. Share price fell 27% to €1.78 over the past week.お知らせ • Jul 27Telefónica Deutschland Holding AG Narrows Revenue Guidance for the Year 2023Telefónica Deutschland Holding AG narrowed revenue guidance for the year 2023. For the year, the company now expects revenue to be on the Upper-range of low single-digit percentage year-on-year growth against previous outlook of Low single-digit percentage year-on-year growth.Major Estimate Revision • Apr 02Consensus EPS estimates fall by 17%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from €0.10 to €0.083 per share. Revenue forecast steady at €8.44b. Net income forecast to grow 6.6% next year vs 4.0% growth forecast for Telecom industry in Germany. Consensus price target broadly unchanged at €2.66. Share price was steady at €2.84 over the past week.すべての更新を表示Recent updatesお知らせ • Mar 12Telefónica Deutschland Holding AG(XTRA:O2D) dropped from FTSE All-World Index (USD)Telefónica Deutschland Holding AG(XTRA:O2D) dropped from FTSE All-World Index (USD)お知らせ • Mar 07Telefónica Local Services GmbH has committed to launch a public delisting acquisition offer to acquire additional 5.88% stake in Telefónica Deutschland Holding AG (XTRA:O2D) for €410 million.Telefónica Local Services GmbH has committed to launch a public delisting acquisition offer to acquire additional 5.88% stake in Telefónica Deutschland Holding AG (XTRA:O2D) for €410 million on March 7, 2024. The offer per share price is €2.35. Considering all circumstances, Telefónica Deutschland's Management Board and Supervisory Board have concluded that the signing of the delisting agreement and the delisting are in the company's best interest. This decision is particularly based on the Management Board’s and the Supervisory Board’s view that the listing has lost its relevance for the Company and, therefore, the delisting is favourable with regards to strategic and financial considerations. Telefónica Local Services GmbH has committed to launch a public delisting acquisition offer to acquire additional 5.88% stake in Telefónica Deutschland Holding AG (XTRA:O2D)Reported Earnings • Mar 04Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: €0.092 (up from €0.078 in FY 2022). Revenue: €8.77b (up 4.7% from FY 2022). Net income: €273.0m (up 18% from FY 2022). Profit margin: 3.1% (up from 2.8% in FY 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 19%. Revenue is expected to decline by 2.3% p.a. on average during the next 3 years, while revenues in the Telecom industry in Germany are expected to grow by 1.6%. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has remained flat, which means it is well ahead of earnings.New Risk • Mar 03New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 6.6% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 6.6% per year for the foreseeable future. Minor Risks High level of debt (85% net debt to equity). Dividend is not well covered by earnings (195% payout ratio).Major Estimate Revision • Feb 28Consensus EPS estimates fall by 27%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from €0.095 to €0.07 per share. Revenue forecast steady at €8.71b. Net income forecast to grow 11% next year vs 18% growth forecast for Telecom industry in Germany. Consensus price target of €1.99 unchanged from last update. Share price was steady at €2.35 over the past week.Declared Dividend • Feb 23Dividend of €0.18 announcedDividend of €0.18 is the same as last year. Ex-date: 16th May 2024 Payment date: 20th May 2024 Dividend yield will be 7.5%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is not covered by earnings (195% earnings payout ratio). However, it is well covered by cash flows (47% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 116% to bring the payout ratio under control. However, EPS is expected to decline by 2.0% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.お知らせ • Jan 26+ 2 more updatesTelefónica Deutschland Holding AG(XTRA:O2D) dropped from Germany MDAX Index (Performance)Telefónica Deutschland Holding AG has been dropped from Germany MDAX Index (Performance) .お知らせ • Jan 25Telefónica Deutschland Holding AG(XTRA:O2D) dropped from S&P Global BMI IndexTelefónica Deutschland Holding AG(XTRA:O2D) dropped from S&P Global BMI Indexお知らせ • Jan 02+ 2 more updatesTelefónica Deutschland Holding AG to Report Q2, 2024 Results on Jul 30, 2024Telefónica Deutschland Holding AG announced that they will report Q2, 2024 results on Jul 30, 2024お知らせ • Dec 28+ 1 more updateTelefónica Deutschland Holding AG to Report Fiscal Year 2023 Final Results on Feb 28, 2024Telefónica Deutschland Holding AG announced that they will report fiscal year 2023 final results on Feb 28, 2024Major Estimate Revision • Nov 17Consensus EPS estimates increase by 15%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from €0.064 to €0.074. Revenue forecast steady at €8.55b. Net income forecast to grow 7.3% next year vs 18% growth forecast for Telecom industry in Germany. Consensus price target broadly unchanged at €1.93. Share price was steady at €2.35 over the past week.New Risk • Nov 10New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 85% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings are forecast to decline by an average of 7.7% per year for the foreseeable future. Minor Risks High level of debt (85% net debt to equity). Dividend is not well covered by earnings (195% payout ratio).Reported Earnings • Nov 09Third quarter 2023 earnings: EPS misses analyst expectationsThird quarter 2023 results: EPS: €0.014 (up from €0.013 in 3Q 2022). Revenue: €2.18b (up 2.4% from 3Q 2022). Net income: €41.0m (up 5.1% from 3Q 2022). Profit margin: 1.9% (up from 1.8% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 35%. Revenue is expected to decline by 1.3% p.a. on average during the next 3 years, while revenues in the Telecom industry in Germany are expected to grow by 2.4%. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has remained flat, which means it is well ahead of earnings.お知らせ • Nov 08Telefonica to Launch EUR 1.97 Billion Bid to Fully Acquire German UnitSpanish telecoms giant Telefonica SA (BME:TEF) said it has decided to launch an offer to acquire the 28.19% stake in its German unit it still does not own for up to EUR 1.97 billion (USD 2.12 billion). The Spanish company, which holds about 71.81% in Telefónica Deutschland Holding AG (ETR:O2D), will propose EUR 2.35 apiece for the remaining up to 838.45 million shares. The bid represents a premium of about 37.6% over the closing price on November 6 as well as a premium of 36.3% over the preceding three-month average share price. The offer is in line with Telefonica’s strategy to focus on its core geographies, including Spain, Brazil, Germany and the UK. The move will also help the Spanish giant streamline its organisation. The partial bid will not be subject to a minimum acceptance threshold. It is expected to begin in December 2023 and run until the middle of January. The offer highlights Telefonica’s commitment to the German market, “representing one of the most attractive and stable telecom markets in Europe”, the Spanish firm said.Valuation Update With 7 Day Price Move • Nov 07Investor sentiment improves as stock rises 47%After last week's 47% share price gain to €2.35, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 15x in the Telecom industry in Germany. Total returns to shareholders of 25% over the past three years.Buying Opportunity • Oct 25Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 35%. The fair value is estimated to be €2.00, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.5% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 0.7% per annum. Earnings is also forecast to decline by 7.2% per annum over the same time period.New Risk • Sep 04New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.5% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.5% per year for the foreseeable future. Minor Risks Dividend is not well covered by earnings (195% payout ratio). Profit margins are more than 30% lower than last year (2.9% net profit margin).Price Target Changed • Aug 17Price target decreased by 8.1% to €2.16Down from €2.35, the current price target is an average from 19 analysts. New target price is 27% above last closing price of €1.71. Stock is down 35% over the past year. The company is forecast to post earnings per share of €0.068 for next year compared to €0.078 last year.New Risk • Aug 14New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.9% Last year net profit margin: 4.5% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (195% payout ratio). Profit margins are more than 30% lower than last year (2.9% net profit margin).Reported Earnings • Aug 13Second quarter 2023 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2023 results: EPS: €0.021 (up from €0.013 in 2Q 2022). Revenue: €2.13b (up 4.2% from 2Q 2022). Net income: €53.0m (up 33% from 2Q 2022). Profit margin: 2.5% (up from 2.0% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 104%. Earnings per share (EPS) also surpassed analyst estimates by 6.7%. Revenue is forecast to stay flat during the next 3 years compared to a 2.7% growth forecast for the Telecom industry in Germany. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.Major Estimate Revision • Aug 08Consensus EPS estimates fall by 11%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from €0.074 to €0.065 per share. Revenue forecast steady at €8.57b. Net income forecast to shrink 2.8% next year vs 2.6% decline forecast for Telecom industry in Germany. Consensus price target down from €2.74 to €2.35. Share price fell 27% to €1.78 over the past week.Valuation Update With 7 Day Price Move • Aug 03Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to €1.86, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 25x in the Telecom industry in Germany. Negligible returns to shareholders over past three years. Simply Wall St's valuation model estimates the intrinsic value at €2.40 per share.Buying Opportunity • Aug 03Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 40%. The fair value is estimated to be €2.40, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.9% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 1.0% per annum. Earnings is also forecast to grow by 21% per annum over the same time period.お知らせ • Jul 27Telefónica Deutschland Holding AG Narrows Revenue Guidance for the Year 2023Telefónica Deutschland Holding AG narrowed revenue guidance for the year 2023. For the year, the company now expects revenue to be on the Upper-range of low single-digit percentage year-on-year growth against previous outlook of Low single-digit percentage year-on-year growth.お知らせ • May 25Telefónica Deutschland Holding AG to Report First Half, 2023 Final Results on Aug 10, 2023Telefónica Deutschland Holding AG announced that they will report first half, 2023 final results on Aug 10, 2023お知らせ • May 18Telefónica Deutschland Holding AG Approves Dividend for the Financial Year 2022Annual General Meeting of Telefónica Deutschland resolves dividend of EUR 0.18 per share for the financial year 2022. After the company's Annual General Meetings had been held in a virtual format in the past 3 years due to COVID-19 restrictions, this year the company's Annual General Meeting was again held in physical presence.Upcoming Dividend • May 12Upcoming dividend of €0.18 per share at 5.8% yieldEligible shareholders must have bought the stock before 19 May 2023. Payment date: 23 May 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 5.8%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (3.3%).Major Estimate Revision • Apr 02Consensus EPS estimates fall by 17%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from €0.10 to €0.083 per share. Revenue forecast steady at €8.44b. Net income forecast to grow 6.6% next year vs 4.0% growth forecast for Telecom industry in Germany. Consensus price target broadly unchanged at €2.66. Share price was steady at €2.84 over the past week.Major Estimate Revision • Mar 08Consensus EPS estimates increase by 52%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from €8.31b to €8.43b. EPS estimate increased from €0.066 to €0.10 per share. Net income forecast to grow 72% next year vs 6.0% growth forecast for Telecom industry in Germany. Consensus price target of €2.64 unchanged from last update. Share price was steady at €2.93 over the past week.Reported Earnings • Mar 02Full year 2022 earnings released: EPS: €0.08 (vs €0.071 in FY 2021)Full year 2022 results: EPS: €0.08 (up from €0.071 in FY 2021). Revenue: €8.38b (up 6.4% from FY 2021). Net income: €232.0m (up 10.0% from FY 2021). Profit margin: 2.8% (up from 2.7% in FY 2021). Revenue is forecast to stay flat during the next 3 years compared to a 1.9% growth forecast for the Telecom industry in Germany. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.お知らせ • Jan 02+ 1 more updateTelefónica Deutschland Holding AG to Report Q1, 2023 Results on May 10, 2023Telefónica Deutschland Holding AG announced that they will report Q1, 2023 results on May 10, 2023Major Estimate Revision • Nov 30Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate fell from €0.04 to €0.04 per share. Revenue forecast steady at €8.15b. Net income forecast to shrink 8.8% next year vs 1.7% decline forecast for Telecom industry in Germany. Consensus price target broadly unchanged at €2.71. Share price fell 6.4% to €2.29 over the past week.Major Estimate Revision • Sep 24Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from €0.03 to €0.04. Revenue forecast steady at €8.06b. Net income forecast to shrink 60% next year vs 1.0% growth forecast for Telecom industry in Germany . Consensus price target of €2.68 unchanged from last update. Share price fell 6.2% to €2.22 over the past week.Major Estimate Revision • Aug 04Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from €0.03 to €0.05. Revenue forecast steady at €8.02b. Net income forecast to shrink 56% next year vs 6.0% growth forecast for Telecom industry in Germany . Consensus price target broadly unchanged at €2.75. Share price was steady at €2.57 over the past week.Reported Earnings • Aug 01Second quarter 2022 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2022 results: EPS: €0.014 (up from €0.017 loss in 2Q 2021). Revenue: €2.04b (up 7.9% from 2Q 2021). Net income: €41.0m (up €85.0m from 2Q 2021). Profit margin: 2.0% (up from net loss in 2Q 2021). Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) also surpassed analyst estimates by 43%. Over the next year, revenue is forecast to stay flat compared to a 2.0% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Major Estimate Revision • Jul 27Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from €0.03 to €0.03. Revenue forecast steady at €8.00b. Net income forecast to shrink 68% next year vs 8.6% growth forecast for Telecom industry in Germany . Consensus price target of €2.76 unchanged from last update. Share price fell 6.1% to €2.63 over the past week.Major Estimate Revision • Jun 01Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from €0.02 to €0.03. Revenue forecast steady at €7.96b. Net income forecast to shrink 69% next year vs 9.2% growth forecast for Telecom industry in Germany . Consensus price target of €2.75 unchanged from last update. Share price was steady at €2.96 over the past week.Major Estimate Revision • May 24Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from €0.02 to €0.03. Revenue forecast steady at €7.96b. Net income forecast to shrink 0.6% next year vs 9.2% growth forecast for Telecom industry in Germany . Consensus price target broadly unchanged at €2.75. Share price fell 3.6% to €2.86 over the past week.Upcoming Dividend • May 13Upcoming dividend of €0.18 per shareEligible shareholders must have bought the stock before 20 May 2022. Payment date: 24 May 2022. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 6.1%. Within top quartile of German dividend payers (4.2%). Higher than average of industry peers (3.5%).Major Estimate Revision • May 12Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from €0.01 to €0.03. Revenue forecast steady at €7.95b. Net income forecast to shrink 77% next year vs 26% growth forecast for Telecom industry in Germany . Consensus price target broadly unchanged at €2.74. Share price was steady at €2.97 over the past week.Major Estimate Revision • Apr 27Consensus forecasts updatedThe consensus outlook for 2022 has been updated. Telecom industry in Germany expected to see average net income growth of 21% next year. Consensus price target broadly unchanged at €2.70. Share price was steady at €2.90 over the past week.Major Estimate Revision • Apr 14Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from €0.01 to €0.01. Revenue forecast steady at €7.91b. Net income forecast to shrink 92% next year vs 17% growth forecast for Telecom industry in Germany . Consensus price target broadly unchanged at €2.66. Share price rose 4.1% to €2.74 over the past week.Major Estimate Revision • Apr 02Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate fell from €0.02 to €0.01 per share. Revenue forecast steady at €7.90b. Net income forecast to shrink 94% next year vs 24% growth forecast for Telecom industry in Germany . Consensus price target broadly unchanged at €2.65. Share price rose 4.0% to €2.51 over the past week.Major Estimate Revision • Mar 02Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate fell from €0.02 to €0.01 per share. Revenue forecast steady at €7.90b. Net income forecast to shrink 93% next year vs 20% growth forecast for Telecom industry in Germany . Consensus price target broadly unchanged at €2.69. Share price fell 3.1% to €2.43 over the past week.Reported Earnings • Feb 26Full year 2021 earnings: EPS exceeds analyst expectationsFull year 2021 results: EPS: €0.071 (down from €0.11 in FY 2020). Revenue: €8.17b (up 6.9% from FY 2020). Net income: €211.0m (down 36% from FY 2020). Profit margin: 2.6% (down from 4.3% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.7%. Over the next year, revenue is expected to shrink by 3.3% compared to a 2.6% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.業績と収益の成長予測XTRA:O2D - アナリストの将来予測と過去の財務データ ( )EUR Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/20268,255-241,215N/A512/31/20258,4212101,3101,824812/31/20248,6802871,3582,524712/31/20238,7742731,2502,426N/A9/30/20238,667251N/AN/AN/A6/30/20238,6182481,1342,405N/A3/31/20238,533235N/AN/AN/A12/31/20228,3772321,0922,471N/A9/30/20228,219174N/AN/AN/A6/30/20228,1263629832,279N/A3/31/20227,970278N/AN/AN/A12/31/20217,9052119662,133N/A9/30/20217,844143N/AN/AN/A6/30/20217,8023061,1802,298N/A3/31/20217,646332N/AN/AN/A12/31/20207,6383281,1342,134N/A9/30/20207,584296N/AN/AN/A6/30/20207,576-1181,0332,042N/A3/31/20207,647-149N/AN/AN/A12/31/20197,504-2121,0492,015N/A9/30/20197,454-287N/AN/AN/A6/30/20197,468-2939641,941N/A3/31/20197,473-255N/AN/AN/A12/31/20187,497-2307111,690N/A9/30/20187,407-3266951,588N/A6/30/20187,416-3356801,572N/A3/31/20187,428-3646861,678N/A12/31/20177,424-3816651,702N/A9/30/20177,454-332N/A1,798N/A6/30/20177,475-398N/A1,972N/A3/31/20177,559-105N/A1,936N/A12/31/20167,649-176N/A1,859N/A9/30/20167,890-58N/A1,864N/A6/30/20167,960-87N/A1,802N/A3/31/20168,022-408N/A1,674N/A12/31/20158,034-383N/A1,838N/A9/30/20157,885-957N/A1,589N/A6/30/20157,149-838N/A1,344N/A3/31/20156,385-794N/A1,473N/A12/31/20145,627-689N/A1,410N/A9/30/20144,842N/AN/A1,219N/A6/30/20144,84924N/A1,313N/A3/31/20144,90551N/A1,273N/A12/31/20135,00778N/A1,270N/A9/30/20135,092198N/A1,320N/A6/30/20135,174242N/A1,729N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: O2Dの収益は今後 3 年間で減少すると予測されています (年間-41.1% )。収益対市場: O2Dの収益は今後 3 年間で減少すると予測されています (年間-41.1% )。高成長収益: O2Dの収益は今後 3 年間で減少すると予測されています。収益対市場: O2Dの収益は今後 3 年間で減少すると予想されています (年間-1.1% )。高い収益成長: O2Dの収益は今後 3 年間で減少すると予測されています (年間-1.1% )。一株当たり利益成長率予想将来の株主資本利益率将来のROE: O2D 3 年以内に赤字になると予測されています。成長企業の発掘7D1Y7D1Y7D1YTelecom 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2024/04/25 11:10終値2024/04/25 00:00収益2023/12/31年間収益2023/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Telefónica Deutschland Holding AG 8 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。21 アナリスト機関Jonathan DannBarclaysWassil El HebilBerenbergSiyi HeBerenberg18 その他のアナリストを表示
Major Estimate Revision • Feb 28Consensus EPS estimates fall by 27%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from €0.095 to €0.07 per share. Revenue forecast steady at €8.71b. Net income forecast to grow 11% next year vs 18% growth forecast for Telecom industry in Germany. Consensus price target of €1.99 unchanged from last update. Share price was steady at €2.35 over the past week.
Major Estimate Revision • Nov 17Consensus EPS estimates increase by 15%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from €0.064 to €0.074. Revenue forecast steady at €8.55b. Net income forecast to grow 7.3% next year vs 18% growth forecast for Telecom industry in Germany. Consensus price target broadly unchanged at €1.93. Share price was steady at €2.35 over the past week.
Price Target Changed • Aug 17Price target decreased by 8.1% to €2.16Down from €2.35, the current price target is an average from 19 analysts. New target price is 27% above last closing price of €1.71. Stock is down 35% over the past year. The company is forecast to post earnings per share of €0.068 for next year compared to €0.078 last year.
Major Estimate Revision • Aug 08Consensus EPS estimates fall by 11%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from €0.074 to €0.065 per share. Revenue forecast steady at €8.57b. Net income forecast to shrink 2.8% next year vs 2.6% decline forecast for Telecom industry in Germany. Consensus price target down from €2.74 to €2.35. Share price fell 27% to €1.78 over the past week.
お知らせ • Jul 27Telefónica Deutschland Holding AG Narrows Revenue Guidance for the Year 2023Telefónica Deutschland Holding AG narrowed revenue guidance for the year 2023. For the year, the company now expects revenue to be on the Upper-range of low single-digit percentage year-on-year growth against previous outlook of Low single-digit percentage year-on-year growth.
Major Estimate Revision • Apr 02Consensus EPS estimates fall by 17%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from €0.10 to €0.083 per share. Revenue forecast steady at €8.44b. Net income forecast to grow 6.6% next year vs 4.0% growth forecast for Telecom industry in Germany. Consensus price target broadly unchanged at €2.66. Share price was steady at €2.84 over the past week.
お知らせ • Mar 12Telefónica Deutschland Holding AG(XTRA:O2D) dropped from FTSE All-World Index (USD)Telefónica Deutschland Holding AG(XTRA:O2D) dropped from FTSE All-World Index (USD)
お知らせ • Mar 07Telefónica Local Services GmbH has committed to launch a public delisting acquisition offer to acquire additional 5.88% stake in Telefónica Deutschland Holding AG (XTRA:O2D) for €410 million.Telefónica Local Services GmbH has committed to launch a public delisting acquisition offer to acquire additional 5.88% stake in Telefónica Deutschland Holding AG (XTRA:O2D) for €410 million on March 7, 2024. The offer per share price is €2.35. Considering all circumstances, Telefónica Deutschland's Management Board and Supervisory Board have concluded that the signing of the delisting agreement and the delisting are in the company's best interest. This decision is particularly based on the Management Board’s and the Supervisory Board’s view that the listing has lost its relevance for the Company and, therefore, the delisting is favourable with regards to strategic and financial considerations. Telefónica Local Services GmbH has committed to launch a public delisting acquisition offer to acquire additional 5.88% stake in Telefónica Deutschland Holding AG (XTRA:O2D)
Reported Earnings • Mar 04Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: €0.092 (up from €0.078 in FY 2022). Revenue: €8.77b (up 4.7% from FY 2022). Net income: €273.0m (up 18% from FY 2022). Profit margin: 3.1% (up from 2.8% in FY 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 19%. Revenue is expected to decline by 2.3% p.a. on average during the next 3 years, while revenues in the Telecom industry in Germany are expected to grow by 1.6%. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
New Risk • Mar 03New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 6.6% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 6.6% per year for the foreseeable future. Minor Risks High level of debt (85% net debt to equity). Dividend is not well covered by earnings (195% payout ratio).
Major Estimate Revision • Feb 28Consensus EPS estimates fall by 27%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from €0.095 to €0.07 per share. Revenue forecast steady at €8.71b. Net income forecast to grow 11% next year vs 18% growth forecast for Telecom industry in Germany. Consensus price target of €1.99 unchanged from last update. Share price was steady at €2.35 over the past week.
Declared Dividend • Feb 23Dividend of €0.18 announcedDividend of €0.18 is the same as last year. Ex-date: 16th May 2024 Payment date: 20th May 2024 Dividend yield will be 7.5%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is not covered by earnings (195% earnings payout ratio). However, it is well covered by cash flows (47% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 116% to bring the payout ratio under control. However, EPS is expected to decline by 2.0% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.
お知らせ • Jan 26+ 2 more updatesTelefónica Deutschland Holding AG(XTRA:O2D) dropped from Germany MDAX Index (Performance)Telefónica Deutschland Holding AG has been dropped from Germany MDAX Index (Performance) .
お知らせ • Jan 25Telefónica Deutschland Holding AG(XTRA:O2D) dropped from S&P Global BMI IndexTelefónica Deutschland Holding AG(XTRA:O2D) dropped from S&P Global BMI Index
お知らせ • Jan 02+ 2 more updatesTelefónica Deutschland Holding AG to Report Q2, 2024 Results on Jul 30, 2024Telefónica Deutschland Holding AG announced that they will report Q2, 2024 results on Jul 30, 2024
お知らせ • Dec 28+ 1 more updateTelefónica Deutschland Holding AG to Report Fiscal Year 2023 Final Results on Feb 28, 2024Telefónica Deutschland Holding AG announced that they will report fiscal year 2023 final results on Feb 28, 2024
Major Estimate Revision • Nov 17Consensus EPS estimates increase by 15%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from €0.064 to €0.074. Revenue forecast steady at €8.55b. Net income forecast to grow 7.3% next year vs 18% growth forecast for Telecom industry in Germany. Consensus price target broadly unchanged at €1.93. Share price was steady at €2.35 over the past week.
New Risk • Nov 10New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 85% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings are forecast to decline by an average of 7.7% per year for the foreseeable future. Minor Risks High level of debt (85% net debt to equity). Dividend is not well covered by earnings (195% payout ratio).
Reported Earnings • Nov 09Third quarter 2023 earnings: EPS misses analyst expectationsThird quarter 2023 results: EPS: €0.014 (up from €0.013 in 3Q 2022). Revenue: €2.18b (up 2.4% from 3Q 2022). Net income: €41.0m (up 5.1% from 3Q 2022). Profit margin: 1.9% (up from 1.8% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 35%. Revenue is expected to decline by 1.3% p.a. on average during the next 3 years, while revenues in the Telecom industry in Germany are expected to grow by 2.4%. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
お知らせ • Nov 08Telefonica to Launch EUR 1.97 Billion Bid to Fully Acquire German UnitSpanish telecoms giant Telefonica SA (BME:TEF) said it has decided to launch an offer to acquire the 28.19% stake in its German unit it still does not own for up to EUR 1.97 billion (USD 2.12 billion). The Spanish company, which holds about 71.81% in Telefónica Deutschland Holding AG (ETR:O2D), will propose EUR 2.35 apiece for the remaining up to 838.45 million shares. The bid represents a premium of about 37.6% over the closing price on November 6 as well as a premium of 36.3% over the preceding three-month average share price. The offer is in line with Telefonica’s strategy to focus on its core geographies, including Spain, Brazil, Germany and the UK. The move will also help the Spanish giant streamline its organisation. The partial bid will not be subject to a minimum acceptance threshold. It is expected to begin in December 2023 and run until the middle of January. The offer highlights Telefonica’s commitment to the German market, “representing one of the most attractive and stable telecom markets in Europe”, the Spanish firm said.
Valuation Update With 7 Day Price Move • Nov 07Investor sentiment improves as stock rises 47%After last week's 47% share price gain to €2.35, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 15x in the Telecom industry in Germany. Total returns to shareholders of 25% over the past three years.
Buying Opportunity • Oct 25Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 35%. The fair value is estimated to be €2.00, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.5% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 0.7% per annum. Earnings is also forecast to decline by 7.2% per annum over the same time period.
New Risk • Sep 04New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.5% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.5% per year for the foreseeable future. Minor Risks Dividend is not well covered by earnings (195% payout ratio). Profit margins are more than 30% lower than last year (2.9% net profit margin).
Price Target Changed • Aug 17Price target decreased by 8.1% to €2.16Down from €2.35, the current price target is an average from 19 analysts. New target price is 27% above last closing price of €1.71. Stock is down 35% over the past year. The company is forecast to post earnings per share of €0.068 for next year compared to €0.078 last year.
New Risk • Aug 14New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.9% Last year net profit margin: 4.5% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (195% payout ratio). Profit margins are more than 30% lower than last year (2.9% net profit margin).
Reported Earnings • Aug 13Second quarter 2023 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2023 results: EPS: €0.021 (up from €0.013 in 2Q 2022). Revenue: €2.13b (up 4.2% from 2Q 2022). Net income: €53.0m (up 33% from 2Q 2022). Profit margin: 2.5% (up from 2.0% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 104%. Earnings per share (EPS) also surpassed analyst estimates by 6.7%. Revenue is forecast to stay flat during the next 3 years compared to a 2.7% growth forecast for the Telecom industry in Germany. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
Major Estimate Revision • Aug 08Consensus EPS estimates fall by 11%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from €0.074 to €0.065 per share. Revenue forecast steady at €8.57b. Net income forecast to shrink 2.8% next year vs 2.6% decline forecast for Telecom industry in Germany. Consensus price target down from €2.74 to €2.35. Share price fell 27% to €1.78 over the past week.
Valuation Update With 7 Day Price Move • Aug 03Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to €1.86, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 25x in the Telecom industry in Germany. Negligible returns to shareholders over past three years. Simply Wall St's valuation model estimates the intrinsic value at €2.40 per share.
Buying Opportunity • Aug 03Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 40%. The fair value is estimated to be €2.40, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.9% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 1.0% per annum. Earnings is also forecast to grow by 21% per annum over the same time period.
お知らせ • Jul 27Telefónica Deutschland Holding AG Narrows Revenue Guidance for the Year 2023Telefónica Deutschland Holding AG narrowed revenue guidance for the year 2023. For the year, the company now expects revenue to be on the Upper-range of low single-digit percentage year-on-year growth against previous outlook of Low single-digit percentage year-on-year growth.
お知らせ • May 25Telefónica Deutschland Holding AG to Report First Half, 2023 Final Results on Aug 10, 2023Telefónica Deutschland Holding AG announced that they will report first half, 2023 final results on Aug 10, 2023
お知らせ • May 18Telefónica Deutschland Holding AG Approves Dividend for the Financial Year 2022Annual General Meeting of Telefónica Deutschland resolves dividend of EUR 0.18 per share for the financial year 2022. After the company's Annual General Meetings had been held in a virtual format in the past 3 years due to COVID-19 restrictions, this year the company's Annual General Meeting was again held in physical presence.
Upcoming Dividend • May 12Upcoming dividend of €0.18 per share at 5.8% yieldEligible shareholders must have bought the stock before 19 May 2023. Payment date: 23 May 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 5.8%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (3.3%).
Major Estimate Revision • Apr 02Consensus EPS estimates fall by 17%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from €0.10 to €0.083 per share. Revenue forecast steady at €8.44b. Net income forecast to grow 6.6% next year vs 4.0% growth forecast for Telecom industry in Germany. Consensus price target broadly unchanged at €2.66. Share price was steady at €2.84 over the past week.
Major Estimate Revision • Mar 08Consensus EPS estimates increase by 52%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from €8.31b to €8.43b. EPS estimate increased from €0.066 to €0.10 per share. Net income forecast to grow 72% next year vs 6.0% growth forecast for Telecom industry in Germany. Consensus price target of €2.64 unchanged from last update. Share price was steady at €2.93 over the past week.
Reported Earnings • Mar 02Full year 2022 earnings released: EPS: €0.08 (vs €0.071 in FY 2021)Full year 2022 results: EPS: €0.08 (up from €0.071 in FY 2021). Revenue: €8.38b (up 6.4% from FY 2021). Net income: €232.0m (up 10.0% from FY 2021). Profit margin: 2.8% (up from 2.7% in FY 2021). Revenue is forecast to stay flat during the next 3 years compared to a 1.9% growth forecast for the Telecom industry in Germany. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
お知らせ • Jan 02+ 1 more updateTelefónica Deutschland Holding AG to Report Q1, 2023 Results on May 10, 2023Telefónica Deutschland Holding AG announced that they will report Q1, 2023 results on May 10, 2023
Major Estimate Revision • Nov 30Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate fell from €0.04 to €0.04 per share. Revenue forecast steady at €8.15b. Net income forecast to shrink 8.8% next year vs 1.7% decline forecast for Telecom industry in Germany. Consensus price target broadly unchanged at €2.71. Share price fell 6.4% to €2.29 over the past week.
Major Estimate Revision • Sep 24Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from €0.03 to €0.04. Revenue forecast steady at €8.06b. Net income forecast to shrink 60% next year vs 1.0% growth forecast for Telecom industry in Germany . Consensus price target of €2.68 unchanged from last update. Share price fell 6.2% to €2.22 over the past week.
Major Estimate Revision • Aug 04Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from €0.03 to €0.05. Revenue forecast steady at €8.02b. Net income forecast to shrink 56% next year vs 6.0% growth forecast for Telecom industry in Germany . Consensus price target broadly unchanged at €2.75. Share price was steady at €2.57 over the past week.
Reported Earnings • Aug 01Second quarter 2022 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2022 results: EPS: €0.014 (up from €0.017 loss in 2Q 2021). Revenue: €2.04b (up 7.9% from 2Q 2021). Net income: €41.0m (up €85.0m from 2Q 2021). Profit margin: 2.0% (up from net loss in 2Q 2021). Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) also surpassed analyst estimates by 43%. Over the next year, revenue is forecast to stay flat compared to a 2.0% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Major Estimate Revision • Jul 27Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from €0.03 to €0.03. Revenue forecast steady at €8.00b. Net income forecast to shrink 68% next year vs 8.6% growth forecast for Telecom industry in Germany . Consensus price target of €2.76 unchanged from last update. Share price fell 6.1% to €2.63 over the past week.
Major Estimate Revision • Jun 01Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from €0.02 to €0.03. Revenue forecast steady at €7.96b. Net income forecast to shrink 69% next year vs 9.2% growth forecast for Telecom industry in Germany . Consensus price target of €2.75 unchanged from last update. Share price was steady at €2.96 over the past week.
Major Estimate Revision • May 24Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from €0.02 to €0.03. Revenue forecast steady at €7.96b. Net income forecast to shrink 0.6% next year vs 9.2% growth forecast for Telecom industry in Germany . Consensus price target broadly unchanged at €2.75. Share price fell 3.6% to €2.86 over the past week.
Upcoming Dividend • May 13Upcoming dividend of €0.18 per shareEligible shareholders must have bought the stock before 20 May 2022. Payment date: 24 May 2022. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 6.1%. Within top quartile of German dividend payers (4.2%). Higher than average of industry peers (3.5%).
Major Estimate Revision • May 12Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from €0.01 to €0.03. Revenue forecast steady at €7.95b. Net income forecast to shrink 77% next year vs 26% growth forecast for Telecom industry in Germany . Consensus price target broadly unchanged at €2.74. Share price was steady at €2.97 over the past week.
Major Estimate Revision • Apr 27Consensus forecasts updatedThe consensus outlook for 2022 has been updated. Telecom industry in Germany expected to see average net income growth of 21% next year. Consensus price target broadly unchanged at €2.70. Share price was steady at €2.90 over the past week.
Major Estimate Revision • Apr 14Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from €0.01 to €0.01. Revenue forecast steady at €7.91b. Net income forecast to shrink 92% next year vs 17% growth forecast for Telecom industry in Germany . Consensus price target broadly unchanged at €2.66. Share price rose 4.1% to €2.74 over the past week.
Major Estimate Revision • Apr 02Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate fell from €0.02 to €0.01 per share. Revenue forecast steady at €7.90b. Net income forecast to shrink 94% next year vs 24% growth forecast for Telecom industry in Germany . Consensus price target broadly unchanged at €2.65. Share price rose 4.0% to €2.51 over the past week.
Major Estimate Revision • Mar 02Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate fell from €0.02 to €0.01 per share. Revenue forecast steady at €7.90b. Net income forecast to shrink 93% next year vs 20% growth forecast for Telecom industry in Germany . Consensus price target broadly unchanged at €2.69. Share price fell 3.1% to €2.43 over the past week.
Reported Earnings • Feb 26Full year 2021 earnings: EPS exceeds analyst expectationsFull year 2021 results: EPS: €0.071 (down from €0.11 in FY 2020). Revenue: €8.17b (up 6.9% from FY 2020). Net income: €211.0m (down 36% from FY 2020). Profit margin: 2.6% (down from 4.3% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.7%. Over the next year, revenue is expected to shrink by 3.3% compared to a 2.6% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.