Deutsche Telekom Future Growth

Future criteria checks 1/6

Deutsche Telekom is forecast to grow earnings and revenue by 10.6% and 1.2% per annum respectively while EPS is expected to grow by 9.4% per annum.

Key information

10.6%

Earnings growth rate

9.4%

EPS growth rate

Telecom earnings growth	18.8%
Revenue growth rate	1.2%
Future return on equity	n/a
Analyst coverage	Good
Last updated	01 Oct 2023

Recent future growth updates

No updates

Recent updates

Earnings and Revenue Growth Forecasts

ENXTBR:DTEL - Analysts future estimates and past financials data (EUR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2025	117,289	10,640	18,111	36,672	16
12/31/2024	114,423	9,530	16,238	35,732	17
12/31/2023	111,503	13,607	13,491	33,881	16
6/30/2023	116,555	5,550	15,413	36,704	N/A
3/31/2023	117,204	5,374	14,253	36,019	N/A
12/31/2022	117,074	7,558	11,708	35,819	N/A
9/30/2022	116,479	7,096	10,542	33,853	N/A
6/30/2022	113,871	6,469	11,735	33,763	N/A
3/31/2022	111,783	6,886	11,960	33,222	N/A
12/31/2021	110,472	3,969	5,808	32,171	N/A
9/30/2021	109,469	5,230	5,847	32,918	N/A
6/30/2021	109,001	5,204	3,856	31,023	N/A
3/31/2021	110,307	4,178	695	28,091	N/A
12/31/2020	102,717	4,011	5,052	23,743	N/A
9/30/2020	97,430	3,141	5,960	21,988	N/A
6/30/2020	90,952	3,692	6,130	20,574	N/A
3/31/2020	83,445	3,882	6,927	21,024	N/A
12/31/2019	82,974	3,867	8,717	23,074	N/A
9/30/2019	81,909	2,782	7,590	21,937	N/A
6/30/2019	81,014	2,524	6,580	20,866	N/A
3/31/2019	80,049	2,075	6,481	19,660	N/A
12/31/2018	78,118	2,166	5,458	17,948	N/A
9/30/2018	76,968	3,929	5,073	17,371	N/A
6/30/2018	76,060	3,326	5,126	17,326	N/A
3/31/2018	76,225	3,706	-2,207	17,138	N/A
12/31/2017	77,272	3,461	-2,277	17,196	N/A
9/30/2017	77,602	5	-2,764	16,916	N/A
6/30/2017	77,425	551	-3,880	16,665	N/A
3/31/2017	76,320	297	N/A	16,392	N/A
12/31/2016	75,243	2,675	N/A	15,533	N/A
9/30/2016	73,553	5,745	N/A	15,856	N/A
6/30/2016	72,530	5,501	N/A	15,245	N/A
3/31/2016	72,078	5,592	N/A	15,185	N/A
12/31/2015	71,318	3,254	N/A	14,997	N/A
9/30/2015	69,887	2,198	N/A	14,799	N/A
6/30/2015	67,921	1,895	N/A	14,423	N/A
3/31/2015	65,132	1,894	N/A	13,739	N/A
12/31/2014	64,602	2,924	N/A	13,393	N/A
9/30/2014	61,321	2,282	N/A	13,113	N/A
6/30/2014	61,198	2,364	N/A	13,183	N/A
3/31/2014	61,241	2,183	N/A	13,027	N/A
12/31/2013	60,132	930	N/A	13,017	N/A
9/30/2013	59,174	2,323	N/A	13,034	N/A
6/30/2013	58,300	-5,286	N/A	13,396	N/A
3/31/2013	57,522	-5,334	N/A	13,556	N/A
12/31/2012	58,169	-5,353	N/A	13,577	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: DTEL's forecast earnings growth (10.6% per year) is above the savings rate (1.5%).

Earnings vs Market: DTEL's earnings (10.6% per year) are forecast to grow slower than the Belgian market (19.6% per year).

High Growth Earnings: DTEL's earnings are forecast to grow, but not significantly.

Revenue vs Market: DTEL's revenue (1.2% per year) is forecast to grow slower than the Belgian market (5.7% per year).

High Growth Revenue: DTEL's revenue (1.2% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if DTEL's Return on Equity is forecast to be high in 3 years time

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2023/10/04 10:38
End of Day Share Price	2023/09/29 00:00
Earnings	2023/06/30
Annual Earnings	2022/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Deutsche Telekom AG is covered by 69 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Jean-Michel Salvador	AlphaValue
Heinz Steffen	AlphaValue
Borja Pagoaga Soraluce	Banco BPI, S.A.

Deutsche Telekom Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Recent updates

Deutsche Telekom and Brain.ai Unveils Revolutionary App-Less Phone At Mobile World Congress

Deutsche Telekom AG (XTRA:DTE) commences an Equity Buyback Plan, under the authorization approved on April 1, 2021.

Deutsche Telekom AG, Annual General Meeting, Apr 10, 2024

Deutsche Telekom AG Plans Higher Dividend for 2023

Deutsche Telekom Appoints Ferri Abolhassan as the New Member of the Executive Board, Effective January 1, 2024

Deutsche Telekom and Mavenir Unveil Advancements in 5G Standalone Network Slicing Service Opportunities

Deutsche Telekom AG to Report Q4, 2023 Results on Feb 23, 2024

Deutsche Telekom Has Appoints Wolfgang Metze as Its New Managing Director for Private Customers in Germany and Member of the Management Board of Telekom Deutschland

First quarter 2023 earnings released: EPS: €0.34 (vs €0.78 in 1Q 2022)

Upcoming dividend of €0.70 per share at 3.2% yield

Full year 2022 earnings released: EPS: €1.52 (vs €0.82 in FY 2021)

Deutsche Telekom AG to Report Fiscal Year 2022 Final Results on Apr 05, 2023

Third quarter 2022 earnings released: EPS: €0.30 (vs €0.18 in 3Q 2021)

Third quarter 2022 earnings released

Deutsche Telekom AG (XTRA:DTE) acquired an unknown minority stake in Teridion Technologies.

Telekom Deutschland Announces Board Changes

Deutsche Telekom AG to Report Q2, 2023 Results on Oct 10, 2023

Deutsche Telekom Names Szabo as SVP for B2C Commercial Growth in Europe, Effective from 15 September 2022

Second quarter 2022 earnings released

Cellnex Telecom, S.A. (BME:CLNX), Digital Bridge Holdings, LLC and Brookfield Asset Management Inc. (TSX:BAM.A) agreed to acquire 51 percent stake in tower business of Deutsche Telekom AG from Deutsche Telekom AG (XTRA:DTE).

Deutsche Telekom AG to Report Q3, 2023 Results on Nov 09, 2023

Deutsche Telekom Reportedly Nears Sale of Mobile Towers Unit

Deutsche Telekom Ag Appoints Daniel Daub

Cellnex Offers Stake to Deutsche Telekom as Part of Towers Bid

Brookfield, KKR Groups Reportedly Among Bidders for Deutsche Telekom Towers

Cellnex Says Analysing Process for Possible Acquisition of Stake in Co That Operates Deutsche Telekom's Telecommunications Infrastructure

First quarter 2022 earnings released: EPS: €0.79 (vs €0.20 in 1Q 2021)

Deutsche Telekom AG, Annual General Meeting, Apr 05, 2023

CBRE Investment Management acquired Prime office property in Berlin from Deutsche Telekom AG (XTRA:DTE).

Deutsche Telekom AG Approves Dividend for the Year 2021, Payable on April 12, 2022

Upcoming dividend of €0.64 per share

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

T-Mobile and Deutsche Telekom Launches T-IoT to Simplify Global IoT Connectivity for Enterprises

Deutsche Telekom Reportedly to Put Tower Business on the Block

Third quarter 2021 earnings released: EPS €0.18 (vs €0.17 in 3Q 2020)

Reliance Industries Reportedly Prepares $5.7 Billion Bid For Telco in the Netherlands

Second quarter 2021 earnings released: EPS €0.40 (vs €0.16 in 2Q 2020)

Deutsche Telekom Confirms Active Talks on Sale of Dutch Unit

Reliance Reportedly Weighing Bid for T-Mobile Netherlands

Deutsche Telekom Eyes Softbank’s Stake in US T-Mobile

First quarter 2021 earnings released: EPS €0.20 (vs €0.19 in 1Q 2020)

Upcoming dividend of €0.60 per share

Deutsche Telekom AG Reorganizes Marketing Division Responsibilities in Germany, Europe, with effect from 01 May 2020

New 90-day high: €15.45

Full year 2020 earnings released: EPS €0.88 (vs €0.81 in FY 2019)

Revenue beats expectations

Reply and Deutsche Telekom Bring Cloud-Native Networks to Life

DT Reportedly Looks to Sell T-Mobile Netherlands

New 90-day high: €15.40

Deutsche Telekom and Microsoft Redefine Partnership to Deliver High-Performance Cloud Computing Experiences

Deutsche Telekom and Microsoft Redefines Partnership to Deliver High-Performance Cloud Computing Experiences

Third quarter 2020 earnings released: EPS €0.17

New 90-day low: €14.10

Telefónica Deutschland Holding AG and Deutsche Telekom AG Expand Fixed Network Cooperation

New 90-day high - €15.51

Earnings released

New 90-day high - €15.50