OTCPK:TELD.F

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Telefónica Deutschland Holding

Executive Summary

Telefónica Deutschland Holding AG provides telecommunication and connectivity solutions to private and business customers in Germany. More Details


Snowflake Analysis

Moderate growth potential and slightly overvalued.


Similar Companies

Share Price & News

How has Telefónica Deutschland Holding's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: TELD.F has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-0.4%

TELD.F

0.4%

US Telecom

0.08%

US Market


1 Year Return

6.0%

TELD.F

-11.6%

US Telecom

12.8%

US Market

Return vs Industry: TELD.F exceeded the US Telecom industry which returned -11.6% over the past year.

Return vs Market: TELD.F underperformed the US Market which returned 12.8% over the past year.


Shareholder returns

TELD.FIndustryMarket
7 Day-0.4%0.4%0.08%
30 Day-2.8%-0.2%-1.8%
90 Day-1.4%2.3%7.2%
1 Year6.0%6.0%-7.1%-11.6%15.3%12.8%
3 Year-49.5%-49.5%7.4%-8.0%39.2%29.9%
5 Year-55.1%-55.1%32.1%2.5%88.3%67.1%

Price Volatility Vs. Market

How volatile is Telefónica Deutschland Holding's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Telefónica Deutschland Holding undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: TELD.F ($2.81) is trading below our estimate of fair value ($13.07)

Significantly Below Fair Value: TELD.F is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: TELD.F is unprofitable, so we can't compare its PE Ratio to the US Telecom industry average.

PE vs Market: TELD.F is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate TELD.F's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: TELD.F's PB Ratio (1.3x) is in line with the US Telecom industry average.


Next Steps

Future Growth

How is Telefónica Deutschland Holding forecast to perform in the next 1 to 3 years based on estimates from 21 analysts?

97.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: TELD.F is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).

Earnings vs Market: TELD.F is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: TELD.F's is expected to become profitable in the next 3 years.

Revenue vs Market: TELD.F's revenue (1.6% per year) is forecast to grow slower than the US market (9.8% per year).

High Growth Revenue: TELD.F's revenue (1.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: TELD.F is forecast to be unprofitable in 3 years.


Next Steps

Past Performance

How has Telefónica Deutschland Holding performed over the past 5 years?

22.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TELD.F is currently unprofitable.

Growing Profit Margin: TELD.F is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: TELD.F is unprofitable, but has reduced losses over the past 5 years at a rate of 22.3% per year.

Accelerating Growth: Unable to compare TELD.F's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: TELD.F is unprofitable, making it difficult to compare its past year earnings growth to the Telecom industry (-12.9%).


Return on Equity

High ROE: TELD.F has a negative Return on Equity (-1.98%), as it is currently unprofitable.


Next Steps

Financial Health

How is Telefónica Deutschland Holding's financial position?


Financial Position Analysis

Short Term Liabilities: TELD.F's short term assets (€2.9B) do not cover its short term liabilities (€4.5B).

Long Term Liabilities: TELD.F's short term assets (€2.9B) do not cover its long term liabilities (€5.8B).


Debt to Equity History and Analysis

Debt Level: TELD.F's debt to equity ratio (41%) is considered high.

Reducing Debt: TELD.F's debt to equity ratio has increased from 20.6% to 41% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable TELD.F has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: TELD.F is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 8.4% per year.


Next Steps

Dividend

What is Telefónica Deutschland Holding current dividend yield, its reliability and sustainability?

7.09%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: TELD.F's dividend (7.09%) is higher than the bottom 25% of dividend payers in the US market (1.66%).

High Dividend: TELD.F's dividend (7.09%) is in the top 25% of dividend payers in the US market (4.7%)


Stability and Growth of Payments

Stable Dividend: TELD.F has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: TELD.F has only been paying a dividend for 7 years, and since then payments have fallen.


Current Payout to Shareholders

Dividend Coverage: TELD.F is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: TELD.F's dividends in 3 years are not forecast to be well covered by earnings (556.5% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.1yrs

Average management tenure


CEO

Markus Haas (48 yo)

3.67yrs

Tenure

€2,315,892

Compensation

Mr. Markus Haas serves as Managing Director of O2 Telefonica Deutschland Finanzierungs GmbH. Mr. Haas has been the Chief Executive Officer of Telefónica Deutschland Holding AG since January 1, 2017 and is ...


CEO Compensation Analysis

Compensation vs Market: Markus's total compensation ($USD2.74M) is below average for companies of similar size in the US market ($USD7.39M).

Compensation vs Earnings: Markus's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Markus Haas
Chairman of Management Board & CEO3.67yrs€2.32mno data
Markus Rolle
CFO & Member of Management Board3.08yrs€2.51mno data
Wolfgang Metze
Chief Consumer Officer & Member of Management Board3.08yrs€993.51kno data
Alfons Lösing
Chief Partner & Wholesale Officer and Member of Management Board3.08yrs€1.06mno data
Valentina Daiber
Chief Officer for Legal & Corporate Affairs and Member of Management Board3.08yrs€743.49kno data
Nicole Gerhardt
Chief Human Resource Officer3.08yrs€741.06kno data
Yelamate Rao
Chief Technology & Information Officer and Member of the Executive Board0.92yr€228.07kno data
Marion Polzer
Head of Investor Relationsno datano datano data
Guido Heitmann
Head of Corporate Communicationsno data€415.01kno data
Christian Kern
Director of Investor Relationsno datano datano data
Veronika Bunk-Sanderson
Director Commun­icat­ions & Investor Relationsno datano datano data

3.1yrs

Average Tenure

49yo

Average Age

Experienced Management: TELD.F's management team is considered experienced (3.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Julio Estebán Linares López
Independent Member of Supervisory Board2.92yrs€20.00kno data
Peter Erskine
Independent Member of Supervisory Board4.33yrs€20.00kno data
Peter Löscher
Chairman of the Supervisory Board0.42yrno datano data
Michael Hoffmann
Independent Member of Supervisory Board7.92yrs€70.00kno data
Patricia Cobían González
Independent Member of Supervisory Board8yrs€2.00kno data
Thomas Pfeil
Employee Representative Member of Supervisory Board7.25yrs€20.00kno data
Jan-Erik Walter
Employee Representative Member of Supervisory Board7.25yrs€20.00kno data
Christoph Heil
Employee Representative Member of Supervisory Board1.42yrs€14.96kno data
Claudia Weber
Employee Representative Member of Supervisory Board7.25yrs€20.00kno data
Sally Ashford
Independent Member of Supervisory Board6yrs€20.00kno data
Joachim Rieger
Employee Representative Member of Supervisory Board5.92yrs€24.50kno data
Christoph Braun
Deputy Chairperson of Supervisory Board4.17yrs€40.00kno data

6.0yrs

Average Tenure

55yo

Average Age

Experienced Board: TELD.F's board of directors are considered experienced (6 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Telefónica Deutschland Holding AG's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Telefónica Deutschland Holding AG
  • Ticker: TELD.F
  • Exchange: OTCPK
  • Founded:
  • Industry: Integrated Telecommunication Services
  • Sector: Telecom
  • Market Cap: €7.130b
  • Listing Market Cap: €8.430b
  • Shares outstanding: 2.97b
  • Website: https://www.telefonica.de

Number of Employees


Location

  • Telefónica Deutschland Holding AG
  • Georg–Brauchle–Ring 23–25
  • Munich
  • Bavaria
  • 80992
  • Germany

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
O2DDB (Deutsche Boerse AG)YesOrdinary Registered SharesDEEUROct 2012
O2DXTRA (XETRA Trading Platform)YesOrdinary Registered SharesDEEUROct 2012
0QALLSE (London Stock Exchange)YesOrdinary Registered SharesGBEUROct 2012
O2DDBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary Registered SharesGBEUROct 2012
TELD.FOTCPK (Pink Sheets LLC)YesOrdinary Registered SharesUSUSDOct 2012
OXO2DSWX (SIX Swiss Exchange)YesOrdinary Registered SharesCHCHFOct 2012
O2DWBAG (Wiener Boerse AG)YesOrdinary Registered SharesATEUROct 2012
O2DETLX (Eurotlx)YesOrdinary Registered SharesITEUROct 2012

Biography

Telefónica Deutschland Holding AG provides telecommunication and connectivity solutions to private and business customers in Germany. The company offers voice, data, and value added services in mobile and ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/21 05:32
End of Day Share Price2020/09/18 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.