View ValuationThis company listing is no longer activeThis company may still be operating, however this listing is no longer active.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.Price Target Changed • Aug 03Price target decreased by 9.9% to €2.48Down from €2.76, the current price target is an average from 19 analysts. New target price is 22% above last closing price of €2.04. Stock is down 20% over the past year. The company is forecast to post earnings per share of €0.073 for next year compared to €0.078 last year.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.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).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, 2024New 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.New Risk • Nov 07New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. 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 8.6% 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).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 €2.01, 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 9% per year, which means it is significantly lagging earnings.Buying Opportunity • Aug 03Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 41%. 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 0.5% per annum. Earnings is also forecast to grow by 20% per annum over the same time period.Price Target Changed • Aug 03Price target decreased by 9.9% to €2.48Down from €2.76, the current price target is an average from 19 analysts. New target price is 22% above last closing price of €2.04. Stock is down 20% over the past year. The company is forecast to post earnings per share of €0.073 for next year compared to €0.078 last year.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 (4.6%). Higher than average of industry peers (3.4%).Reported Earnings • Mar 03Full 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, 2023Reported 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.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%).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.Reported Earnings • Dec 16Third quarter 2021 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2021 results: EPS: €0.076 (down from €0.13 in 3Q 2020). Revenue: €2.26b (up 19% from 3Q 2020). Net income: €227.0m (down 42% from 3Q 2020). Profit margin: 10.0% (down from 21% in 3Q 2020). Revenue exceeded analyst estimates by 2.8%. Earnings per share (EPS) also surpassed analyst estimates. Earnings per share (EPS) surpassed analyst estimates. Over the next year, revenue is forecast to grow 2.0%, 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 96% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.Reported Earnings • Aug 13Second quarter 2021 earnings released: €0.017 loss per share (vs €0.006 loss in 2Q 2020)The company reported a soft second quarter result with increased losses and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: €1.95b (up 5.6% from 2Q 2020). Net loss: €44.0m (loss widened 144% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.Upcoming Dividend • May 14Upcoming dividend of €0.18 per shareEligible shareholders must have bought the stock before 21 May 2021. Payment date: 26 May 2021. Trailing yield: 7.1%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (4.5%).Is New 90 Day High Low • Feb 26New 90-day low: €2.21The company is down 8.0% from its price of €2.41 on 27 November 2020. The German market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Telecom industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €14.09 per share.Reported Earnings • Feb 25Full year 2020 earnings released: EPS €0.11 (vs €0.071 loss in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: €8.07b (up 6.5% from FY 2019). Net income: €328.0m (up €540.0m from FY 2019). Profit margin: 4.1% (up from net loss in FY 2019). Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.Analyst Estimate Surprise Post Earnings • Feb 25Revenue beats expectations, earnings disappointRevenue exceeded analyst estimates by 0.6%. Earnings per share (EPS) missed analyst estimates by 3.2%. Over the next year, revenue is expected to shrink by 5.8% compared to a 7.1% growth forecast for the Telecom industry in Germany.Analyst Estimate Surprise Post Earnings • Nov 01Third-quarter earnings released: Earnings beat expectations, revenue disappointsThird-quarter revenue missed analyst estimates by 0.3% at €1.87b. Earnings per share (EPS) exceeded analyst estimates by 266% at €0.13. Revenue is expected to shrink by 5.7% over the next year, compared to a 12% growth forecast for the Telecom industry in Germany.Reported Earnings • Nov 01Third quarter earnings releasedOver the last 12 months the company has reported total profits of €296.0m, with earnings increasing by €582.2m from the prior year. Total revenue was €8.04b over the last 12 months, up 5.6% from the prior year.Is New 90 Day High Low • Sep 25New 90-day low: €2.25The company is down 15% from its price of €2.65 on 26 June 2020. The German market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Telecom industry, which is down 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €12.27 per share.業績と収益の成長予測DB: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 17:01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この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、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。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
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.
Price Target Changed • Aug 03Price target decreased by 9.9% to €2.48Down from €2.76, the current price target is an average from 19 analysts. New target price is 22% above last closing price of €2.04. Stock is down 20% over the past year. The company is forecast to post earnings per share of €0.073 for next year compared to €0.078 last year.
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 • 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).
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
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.
New Risk • Nov 07New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. 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 8.6% 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).
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 €2.01, 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 9% per year, which means it is significantly lagging earnings.
Buying Opportunity • Aug 03Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 41%. 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 0.5% per annum. Earnings is also forecast to grow by 20% per annum over the same time period.
Price Target Changed • Aug 03Price target decreased by 9.9% to €2.48Down from €2.76, the current price target is an average from 19 analysts. New target price is 22% above last closing price of €2.04. Stock is down 20% over the past year. The company is forecast to post earnings per share of €0.073 for next year compared to €0.078 last year.
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 (4.6%). Higher than average of industry peers (3.4%).
Reported Earnings • Mar 03Full 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
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.
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%).
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.
Reported Earnings • Dec 16Third quarter 2021 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2021 results: EPS: €0.076 (down from €0.13 in 3Q 2020). Revenue: €2.26b (up 19% from 3Q 2020). Net income: €227.0m (down 42% from 3Q 2020). Profit margin: 10.0% (down from 21% in 3Q 2020). Revenue exceeded analyst estimates by 2.8%. Earnings per share (EPS) also surpassed analyst estimates. Earnings per share (EPS) surpassed analyst estimates. Over the next year, revenue is forecast to grow 2.0%, 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 96% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
Reported Earnings • Aug 13Second quarter 2021 earnings released: €0.017 loss per share (vs €0.006 loss in 2Q 2020)The company reported a soft second quarter result with increased losses and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: €1.95b (up 5.6% from 2Q 2020). Net loss: €44.0m (loss widened 144% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
Upcoming Dividend • May 14Upcoming dividend of €0.18 per shareEligible shareholders must have bought the stock before 21 May 2021. Payment date: 26 May 2021. Trailing yield: 7.1%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (4.5%).
Is New 90 Day High Low • Feb 26New 90-day low: €2.21The company is down 8.0% from its price of €2.41 on 27 November 2020. The German market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Telecom industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €14.09 per share.
Reported Earnings • Feb 25Full year 2020 earnings released: EPS €0.11 (vs €0.071 loss in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: €8.07b (up 6.5% from FY 2019). Net income: €328.0m (up €540.0m from FY 2019). Profit margin: 4.1% (up from net loss in FY 2019). Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.
Analyst Estimate Surprise Post Earnings • Feb 25Revenue beats expectations, earnings disappointRevenue exceeded analyst estimates by 0.6%. Earnings per share (EPS) missed analyst estimates by 3.2%. Over the next year, revenue is expected to shrink by 5.8% compared to a 7.1% growth forecast for the Telecom industry in Germany.
Analyst Estimate Surprise Post Earnings • Nov 01Third-quarter earnings released: Earnings beat expectations, revenue disappointsThird-quarter revenue missed analyst estimates by 0.3% at €1.87b. Earnings per share (EPS) exceeded analyst estimates by 266% at €0.13. Revenue is expected to shrink by 5.7% over the next year, compared to a 12% growth forecast for the Telecom industry in Germany.
Reported Earnings • Nov 01Third quarter earnings releasedOver the last 12 months the company has reported total profits of €296.0m, with earnings increasing by €582.2m from the prior year. Total revenue was €8.04b over the last 12 months, up 5.6% from the prior year.
Is New 90 Day High Low • Sep 25New 90-day low: €2.25The company is down 15% from its price of €2.65 on 26 June 2020. The German market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Telecom industry, which is down 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €12.27 per share.