Loading...
UTDI logo

United Internet AGXTRA:UTDI Stock Report

Market Cap €4.1b
Share Price
€23.84
€31.02
23.1% undervalued intrinsic discount
1Y-0.6%
7D-6.7%
1D
Portfolio Value
View

United Internet AG

XTRA:UTDI Stock Report

Market Cap: €4.1b

UTDI Community Fair Values

Create Narrative

See what 10 others think this stock is worth. Follow their fair value or set your own to get alerts.

United Internet AG Competitors

Price History & Performance

Summary of share price highs, lows and changes for United Internet
Historical stock prices
Current Share Price€23.84
52 Week High€30.22
52 Week Low€23.24
Beta0.47
1 Month Change-9.35%
3 Month Change-13.56%
1 Year Change-0.58%
3 Year Change83.81%
5 Year Change-30.76%
Change since IPO687.78%

Recent News & Updates

Narrative Update Jun 04

UTDI: Future Returns Will Reflect Confirmed 2026 Earnings And Stable Dividend Plans

Analysts have slightly increased their fair value estimate for United Internet to €31.02 from €30.44, with the higher €34 price target from recent research reflecting updated assumptions on discount rates, revenue growth, margins, and future P/E. What's in the News Company confirms 2026 consolidated earnings guidance, expecting consolidated sales of approximately €6.25b compared with €6.104b in 2025.
Narrative Update May 03

UTDI: Lower Discount Rate And Dividend Plan Will Shape Balanced Outlook

Analysts have lifted their price target on United Internet from €25.00 to €26.00, citing updated assumptions around fair value, discount rate, revenue growth, profit margin and future P/E as the key drivers of the change. What's in the News Management plans to propose a dividend of €0.50 per share for 2025 at the Annual Shareholders’ Meeting on May 21, 2026.
Narrative Update Apr 19

UTDI: Future Returns Will Reflect Stable Dividend Plans And Cautious Profit Assumptions

Analysts have slightly reduced their price target for United Internet from €30.60 to €30.44, reflecting updated assumptions about discount rates, revenue growth, profit margins and future P/E levels. What's in the News United Internet AG plans to propose an annual dividend of €0.50 per share for the 2025 financial year at the Annual Shareholders’ Meeting on May 21, 2026.

Recent updates

Narrative Update Jun 04

UTDI: Future Returns Will Reflect Confirmed 2026 Earnings And Stable Dividend Plans

Analysts have slightly increased their fair value estimate for United Internet to €31.02 from €30.44, with the higher €34 price target from recent research reflecting updated assumptions on discount rates, revenue growth, margins, and future P/E. What's in the News Company confirms 2026 consolidated earnings guidance, expecting consolidated sales of approximately €6.25b compared with €6.104b in 2025.
Narrative Update May 03

UTDI: Lower Discount Rate And Dividend Plan Will Shape Balanced Outlook

Analysts have lifted their price target on United Internet from €25.00 to €26.00, citing updated assumptions around fair value, discount rate, revenue growth, profit margin and future P/E as the key drivers of the change. What's in the News Management plans to propose a dividend of €0.50 per share for 2025 at the Annual Shareholders’ Meeting on May 21, 2026.
Narrative Update Apr 19

UTDI: Future Returns Will Reflect Stable Dividend Plans And Cautious Profit Assumptions

Analysts have slightly reduced their price target for United Internet from €30.60 to €30.44, reflecting updated assumptions about discount rates, revenue growth, profit margins and future P/E levels. What's in the News United Internet AG plans to propose an annual dividend of €0.50 per share for the 2025 financial year at the Annual Shareholders’ Meeting on May 21, 2026.
Narrative Update Apr 05

UTDI: Higher Discount Rate And Lower P/E Will Limit Future Upside

Analysts have lowered their price target on United Internet by €7 to reflect updated views on discount rates, revenue growth assumptions and profit margins, while maintaining the fair value estimate at €25.00. Analyst Commentary Bearish analysts cutting the price target by €7 to €25.00 are signaling that, in their view, the balance of risks around discount rates, revenue expectations and margins has shifted to the downside for now.
Narrative Update Mar 22

UTDI: Lowered Expectations Will Set Up Future Upside From Profitability

Analysts have reduced their price target on United Internet by €2.80 to €35.00, citing updated assumptions on long term fair value, profit margins, and future P/E that are reflected in recent Street research. Analyst Commentary Recent Street research includes a reduction in one published price target, with the latest move bringing that target down by €7.00.
Narrative Update Mar 07

UTDI: Future Returns Will Reflect Trimmed Forecasts And Balanced Execution Risks

Narrative Update Analysts have trimmed their price target for United Internet by €0.28 to €30.60, reflecting slightly adjusted fair value assumptions and modest tweaks to growth, margin and P/E inputs following recent research updates. Analyst Commentary Recent research updates on United Internet focus on how the revised price target of €30.60 lines up with the company’s execution and the assumptions built into earnings and valuation models.
Narrative Update Feb 21

UTDI: Revised Fair Value And Lower Multiples Will Shape Future Upside Potential

Analysts have revised their fair value estimate for United Internet from €21.00 to €25.00, citing updated assumptions on growth, profitability, and future P/E that underpin recent Street research, including the latest Berenberg price target move. Analyst Commentary Bearish analysts have recently adjusted their assumptions on United Internet, with at least one price target cut of €7 helping frame the more cautious end of the range around the stock.
Narrative Update Feb 07

UTDI: Lower Expectations Will Set Up Future Upside From Improved Profitability

Narrative Update on United Internet The updated analyst price target for United Internet has moved lower by €4.20 to €37.80. Analysts point to reduced revenue growth assumptions, a higher discount rate, lower valuation multiples for Ionos and recent target cuts from the Street as key drivers of the change.
Analysis Article Jan 31

United Internet (ETR:UTDI) Use Of Debt Could Be Considered Risky

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Narrative Update Jan 23

UTDI: Future Returns Will Reflect Mixed Ratings And Revised 2025 Earnings Outlook

Analysts have made a modest upward adjustment to their fair value estimate for United Internet to €30.88, reflecting updated assumptions for growth, margins and future P/E following recent price target cuts and rating changes on the stock. Analyst Commentary Recent rating changes and price target moves give you a mixed but useful read on how the market is framing United Internet right now.
Analysis Article Jan 13

United Internet (ETR:UTDI) Could Be Struggling To Allocate Capital

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Narrative Update Jan 09

UTDI: Lower Ionos Multiples Will Continue To Cap Upside Potential

Analysts have reduced their price target for United Internet to €27 from €31, citing lower valuation multiples for Ionos as a key reason for their more cautious stance. Analyst Commentary Bearish analysts have shifted to a more cautious stance on United Internet, moving their recommendation to Hold and trimming the price target to €27 from €31.
Narrative Update Dec 15

UTDI: Lower Ionos Multiples Will Limit Upside Despite Raised Fair Value Estimate

Analysts have modestly raised their price target for United Internet to approximately EUR 21 from around EUR 14.46, citing a slightly higher discount rate, improved profit margin assumptions and somewhat richer future valuation multiples, partially offset by more conservative revenue growth expectations and lower peer multiples, particularly at Ionos. Analyst Commentary Recent Street research signals a more cautious stance on United Internet, with several bearish analysts recalibrating their assumptions for both the core business and key subsidiary Ionos.
Analysis Article Dec 08

Investors Holding Back On United Internet AG (ETR:UTDI)

It's not a stretch to say that United Internet AG's ( ETR:UTDI ) price-to-sales (or "P/S") ratio of 0.7x seems quite...
Narrative Update Dec 01

UTDI: Share Performance Will Likely Improve Due To Sector Mergers Ahead

United Internet's analyst price target saw a slight decrease from €30.94 to €30.74, as analysts cite lower valuation multiples for Ionos and adjusted sector outlooks in their revised assessments. Analyst Commentary Recent analyst activity regarding United Internet reflects both optimistic outlooks and cautious perspectives on the company's valuation and growth prospects.
Narrative Update Nov 17

UTDI: Share Performance Will Likely Benefit From Upcoming Telecom Sector Mergers

Analysts have modestly raised United Internet's fair value estimate to €30.94. This increase reflects an improved profit margin and revenue outlook, despite lower sector valuation multiples cited in recent research updates.
Narrative Update Nov 01

UTDI: Near-Term Mergers Will Drive Share Outperformance Amid Sector Upgrades

Narrative Update on United Internet: Analyst Price Target Revision Analysts have slightly lowered their price target for United Internet from €30.80 to approximately €30.76, citing adjusted sector ratings and expectations of near-term benefits from industry mergers. Analyst Commentary Bullish Takeaways Bullish analysts highlight the recent upgrade in sector ratings, suggesting increased confidence in the company's relative position.
Analysis Article Oct 22

Is United Internet (ETR:UTDI) Using Too Much Debt?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Narrative Update Oct 18

Upgraded 5G And IONOS Cloud Will Improve Digital Connectivity

Analysts have slightly increased their fair value price target for United Internet from €30.44 to €30.80, citing recent upgrades and expectations that industry consolidation could benefit the stock’s near-term performance. Analyst Commentary Bullish Takeaways Bullish analysts note that industry consolidation could act as a catalyst for United Internet’s share performance in the near term.
Narrative Update Oct 04

Upgraded 5G And IONOS Cloud Will Improve Digital Connectivity

Analysts have raised their price target for United Internet from €29.34 to €30.44, citing improved sector outlook driven by recent telecom operator upgrades and expectations that industry mergers will support near-term performance. Analyst Commentary Bullish Takeaways Bullish analysts highlight sector-wide upgrades and improving fundamentals in the telecom industry as drivers for United Internet's revaluation.
Analysis Article Oct 04

United Internet's (ETR:UTDI) Returns On Capital Not Reflecting Well On The Business

What are the early trends we should look for to identify a stock that could multiply in value over the long term? One...
Narrative Update Sep 05

Upgraded 5G And IONOS Cloud Will Improve Digital Connectivity

With consensus forecasts for both revenue growth (3.2% p.a.) and net profit margin (7.51%) unchanged, analysts have left United Internet’s fair value estimate steady at €29.34. What's in the News United Internet AG confirmed full-year 2025 earnings guidance, expecting consolidated sales to rise to approximately EUR 6.45 billion from EUR 6.303 billion in the prior year.
Analysis Article Aug 27

United Internet AG's (ETR:UTDI) Earnings Haven't Escaped The Attention Of Investors

United Internet AG's ( ETR:UTDI ) price-to-earnings (or "P/E") ratio of 37.1x might make it look like a strong sell...
Analysis Article Jul 18

United Internet (ETR:UTDI) Has A Somewhat Strained Balance Sheet

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
User avatar
New Narrative Jul 16

5G And Fiber Rollouts Will Expand Digital Markets

Heavy investment in networks and successful customer migration aim to boost future margins, reduce reliance on partners, and improve cost structure and earnings stability.
Analysis Article May 13

Revenues Tell The Story For United Internet AG (ETR:UTDI) As Its Stock Soars 25%

Despite an already strong run, United Internet AG ( ETR:UTDI ) shares have been powering on, with a gain of 25% in the...
Analysis Article Apr 18

Is United Internet (ETR:UTDI) Using Too Much Debt?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Mar 28

United Internet (ETR:UTDI) Is Paying Out A Larger Dividend Than Last Year

The board of United Internet AG ( ETR:UTDI ) has announced that it will be increasing its dividend by 280% on the 20th...
Analysis Article Mar 16

United Internet AG's (ETR:UTDI) 26% Price Boost Is Out Of Tune With Revenues

United Internet AG ( ETR:UTDI ) shares have had a really impressive month, gaining 26% after a shaky period beforehand...
Analysis Article Feb 19

United Internet (ETR:UTDI) Will Be Hoping To Turn Its Returns On Capital Around

What underlying fundamental trends can indicate that a company might be in decline? Businesses in decline often have...
Analysis Article Jan 02

Here's Why United Internet (ETR:UTDI) Is Weighed Down By Its Debt Load

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Dec 06

It's A Story Of Risk Vs Reward With United Internet AG (ETR:UTDI)

With a median price-to-sales (or "P/S") ratio of close to 0.7x in the Telecom industry in Germany, you could be...
Analysis Article Nov 15

United Internet AG Just Missed Earnings - But Analysts Have Updated Their Models

There's been a notable change in appetite for United Internet AG ( ETR:UTDI ) shares in the week since its...
Analysis Article Sep 28

Does United Internet (ETR:UTDI) Have A Healthy Balance Sheet?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Sep 03

Capital Allocation Trends At United Internet (ETR:UTDI) Aren't Ideal

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'd...
Analysis Article Aug 02

Calculating The Intrinsic Value Of United Internet AG (ETR:UTDI)

Key Insights United Internet's estimated fair value is €16.98 based on Dividend Discount Model United Internet's €19.78...
Analysis Article Jul 15

Take Care Before Diving Into The Deep End On United Internet AG (ETR:UTDI)

With a median price-to-earnings (or "P/E") ratio of close to 18x in Germany, you could be forgiven for feeling...
Analysis Article Jun 04

United Internet (ETR:UTDI) Is Reinvesting At Lower Rates Of Return

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other...
Analysis Article Apr 26

United Internet (ETR:UTDI) Will Pay A Dividend Of €0.50

United Internet AG's ( ETR:UTDI ) investors are due to receive a payment of €0.50 per share on 23rd of May. This...
Analysis Article Apr 15

Investors Holding Back On United Internet AG (ETR:UTDI)

With a median price-to-earnings (or "P/E") ratio of close to 17x in Germany, you could be forgiven for feeling...
Analysis Article Mar 05

Is United Internet (ETR:UTDI) A Risky Investment?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Jan 25

United Internet's (ETR:UTDI) Returns On Capital Are Heading Higher

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Analysis Article Dec 26

Why We're Not Concerned About United Internet AG's (ETR:UTDI) Share Price

There wouldn't be many who think United Internet AG's ( ETR:UTDI ) price-to-earnings (or "P/E") ratio of 14.9x is worth...
Analysis Article Dec 05

We Think United Internet (ETR:UTDI) Is Taking Some Risk With Its Debt

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Nov 11

Is United Internet AG (ETR:UTDI) Trading At A 45% Discount?

Key Insights The projected fair value for United Internet is €34.70 based on 2 Stage Free Cash Flow to Equity United...
Analysis Article Oct 06

United Internet (ETR:UTDI) Has More To Do To Multiply In Value Going Forward

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...
Analysis Article Aug 22

Is United Internet (ETR:UTDI) A Risky Investment?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Analysis Article Aug 04

Are Investors Undervaluing United Internet AG (ETR:UTDI) By 48%?

Key Insights Using the 2 Stage Free Cash Flow to Equity, United Internet fair value estimate is €32.81 United...
Analysis Article Jun 23

Return Trends At United Internet (ETR:UTDI) Aren't Appealing

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Ideally, a business will...

Shareholder Returns

UTDIDE TelecomDE Market
7D-6.7%-5.2%0.1%
1Y-0.6%-13.2%4.5%

Return vs Industry: UTDI exceeded the German Telecom industry which returned -13.2% over the past year.

Return vs Market: UTDI underperformed the German Market which returned 4.5% over the past year.

Price Volatility

Is UTDI's price volatile compared to industry and market?
UTDI volatility
UTDI Average Weekly Movement3.8%
Telecom Industry Average Movement3.9%
Market Average Movement5.8%
10% most volatile stocks in DE Market13.7%
10% least volatile stocks in DE Market2.8%

Stable Share Price: UTDI has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: UTDI's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
198810,514Ralph Dommermuthwww.united-internet.de

United Internet AG, through its subsidiaries, operates as an Internet service provider worldwide. The company operates through Consumer Access, Business Access, Consumer Applications, and Business Applications segments. It offers landline-based broadband and mobile internet products, including home networks, online storage, smart home, and IPTV for private users; and telecommunication products ranging from fiber-optic direct connections to tailored ICT solutions, which include voice, data, and network solutions, as well as infrastructure services to national and international carriers and ISPs.

United Internet AG Fundamentals Summary

How do United Internet's earnings and revenue compare to its market cap?
UTDI fundamental statistics
Market cap€4.08b
Earnings (TTM)€282.93m
Revenue (TTM)€6.15b
14.6x
P/E Ratio
0.7x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
UTDI income statement (TTM)
Revenue€6.15b
Cost of Revenue€4.26b
Gross Profit€1.89b
Other Expenses€1.61b
Earnings€282.93m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

Aug 06, 2026

Earnings per share (EPS)1.64
Gross Margin30.75%
Net Profit Margin4.60%
Debt/Equity Ratio64.0%

How did UTDI perform over the long term?

See historical performance and comparison

Dividends

2.1%
Current Dividend Yield
31%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/23 23:55
End of Day Share Price 2026/06/23 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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 Github.

Analyst Sources

United Internet AG is covered by 25 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Stephen MalcolmArete Research Services LLP
Ganesha NageshaBarclays
Gustav FrobergBerenberg