Telecom Italia
Market Cap
US$10.6b
Last Updated
2019/09/18 00:03 UTC
Data Sources
Company Financials +
Executive Summary
Telecom Italia S.p.A., together with its subsidiaries, provides fixed and mobile telecommunications services in Europe, South America, and the Mediterranean Basin.
Snowflake
Fundamentals
Fair value with mediocre balance sheet.
Similar Companies
Share Price & News
How has Telecom Italia's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
1.9%
OTCPK:TIAJ.F
-0.5%
US Telecom
0.8%
US Market
1 Year Return
-4.3%
OTCPK:TIAJ.F
7.0%
US Telecom
1.9%
US Market
TIAJ.F underperformed the Telecom industry which returned 6.9% over the past year.
TIAJ.F underperformed the Market in United States of America which returned 2.1% over the past year.
Share holder returns
| TIAJ.F | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.9% | -0.5% | 0.8% |
| 30 Day | 1.9% | 5.8% | 3.4% |
| 90 Day | 8.9% | 8.9% | 2.1% |
| 1 Year | -4.3%-4.3% | 12.6%7.0% | 4.2%1.9% |
| 3 Year | -19.1%-19.1% | 17.6%0.6% | 46.7%37.2% |
| 5 Year | -38.9%-38.9% | 34.6%3.7% | 62.3%44.5% |
Price Volatility Vs. Market
How volatile is Telecom Italia's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Telecom Italia undervalued based on future cash flows and its price relative to the stock market?
>50%
Discount to future cash flow value
Intrinsic Value Based on Future Cash Flows
Telecom Italia's share price is below the future cash flow value, and at a moderate discount (> 20%).
Telecom Italia's share price is below the future cash flow value, and at a substantial discount (> 40%).
Price Based on Earnings
Telecom Italia is loss making, we can't compare its value to the US Telecom industry average.
Telecom Italia is loss making, we can't compare the value of its earnings to the United States of America market.
Price Based on Expected Growth
Unable to calculate PEG ratio for Telecom Italia, we can't assess if its growth is good value.
Price Based on Value of Assets
Telecom Italia is good value based on assets compared to the US Telecom industry average.
Next Steps
Future Growth
How is Telecom Italia expected to perform in the next 1 to 3 years based on estimates from 20 analysts?
10.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
Telecom Italia's revenue is expected to grow by 0.5% yearly, however this is not considered high growth (20% yearly).
Telecom Italia's earnings are expected to grow by 10.5% yearly, however this is not considered high growth (20% yearly).
Telecom Italia's revenue growth is positive but not above the United States of America market average.
Telecom Italia's earnings growth is positive but not above the United States of America market average.
Telecom Italia's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Earnings per Share Growth Estimates
Future Return on Equity
Telecom Italia is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
Next Steps
Past Performance
How has Telecom Italia performed over the past 5 years?
-25.6%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Telecom Italia does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
Unable to compare Telecom Italia's 1-year earnings growth to the 5-year average as it is not currently profitable.
Unable to compare Telecom Italia's 1-year growth to the US Telecom industry average as it is not currently profitable.
Return on Equity
It is difficult to establish if Telecom Italia has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
Return on Assets
It is difficult to establish if Telecom Italia has efficiently used its assets last year compared to the US Telecom industry average (Return on Assets) as it is loss-making.
Return on Capital Employed
It is difficult to establish if Telecom Italia improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
Next Steps
Financial Health
How is Telecom Italia's financial position?
Financial Position Analysis
Telecom Italia's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
Telecom Italia's long term commitments exceed its cash and other short term assets.
Debt to Equity History and Analysis
Telecom Italia's level of debt (127.4%) compared to net worth is high (greater than 40%).
The level of debt compared to net worth has been reduced over the past 5 years (175.3% vs 127.4% today).
Balance Sheet
High level of physical assets or inventory.
Debt is not covered by short term assets, assets are 0.3x debt.
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.
Whilst loss making Telecom Italia has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
Whilst loss making Telecom Italia has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 8.3% per year.
Next Steps
Dividend
What is Telecom Italia's current dividend yield, its reliability and sustainability?
2.05%
Expected Dividend Yield
Dividend Yield and Payments Analysis
Unable to evaluate Telecom Italia's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
Unable to evaluate Telecom Italia's dividend against the top 25% market benchmark as the company has not reported any payouts.
Unable to perform a dividend volatility check as Telecom Italia has not reported any payouts.
Unable to verify if Telecom Italia's dividend has been increasing as the company has not reported any payouts.
Current Payout to Shareholders
Unable to calculate sustainability of dividends as Telecom Italia has not reported any payouts.
Future Payout to Shareholders
Dividends after 3 years are expected to be well covered by earnings (5.7x coverage).
Next Steps
Management
What is the CEO of Telecom Italia's salary, the management and board of directors tenure and is there insider trading?
0.8yrs
Average management tenure
CEO
Luigi Gubitosi (58yo)
0.8yrs
Tenure
€4,408,784
Compensation
Mr. Luigi Gubitosi has been a Director of Alitalia - Compagnia Aerea Italiana S.p.A. since March 15, 2017. He is Independent Director at Telecom Italia SpA since May 4, 2018 and serves as its Chief Executi ...
CEO Compensation Analysis
Luigi's remuneration is lower than average for companies of similar size in United States of America.
Insufficient data for Luigi to compare compensation growth.
Management Age and Tenure
0.8yrs
Average Tenure
57yo
Average Age
The average tenure for the Telecom Italia management team is less than 2 years, this suggests a new team.
Board Age and Tenure
1.3yrs
Average Tenure
57.5yo
Average Age
The average tenure for the Telecom Italia board of directors is less than 3 years, this suggests a new board.
Insider Trading
No 3 month open market individual insider trading information.
Ownership Breakdown
Management Team
Valerio Giuseppe Cavallo (59yo)
Group Compliance Officer
- Tenure: 0yrs
Andrea Kerbaker (59yo)
Chief Executive Officer of Progetto Italia SpA and Head of Brand Enrichment (Progetto Italia)
- Tenure: 0yrs
Carola Bardelli
Head of Investor Relations
- Tenure: 0.7yrs
Piergiorgio Peluso (51yo)
Chief Transformation Officer & Head of Admin
- Tenure: 7yrs
Simone Cantagallo
Chief of Institutional Communication
- Tenure: 0.7yrs
Agostino Nuzzolo (51yo)
General Counsel
- Tenure: 2.7yrs
Luciano Sale (58yo)
Chief of Human Resources & Organizational Development
- Tenure: 0.6yrs
Giovanni Ronca (46yo)
Chief Financial Officer
- Tenure: 0.3yrs
Luigi Gubitosi (58yo)
CEO, General Manager & Executive Director
- Tenure: 0.8yrs
- Compensation: €4.41m
Elisabetta Romano (56yo)
Chief Technology & Innovation Officer
- Tenure: 1.2yrs
Board Members
Fulvio Conti (72yo)
Chairman
- Tenure: 1.3yrs
- Compensation: €392.00k
Arnaud de Puyfontaine (55yo)
Director
- Tenure: 3.8yrs
- Compensation: €658.00k
Alfredo Altavilla (56yo)
Independent Director
- Tenure: 1.3yrs
- Compensation: €103.00k
Marella Moretti (54yo)
Independent Director
- Tenure: 2.3yrs
- Compensation: €156.00k
Roberto Capone (64yo)
Chairman of Statutory Auditors
- Tenure: 4.7yrs
- Compensation: €122.00k
Luigi Gubitosi (58yo)
CEO, General Manager & Executive Director
- Tenure: 0.8yrs
- Compensation: €4.41m
Michele Valensise (67yo)
Independent Director
- Tenure: 1.3yrs
- Compensation: €114.00k
Giuseppina Capaldo (50yo)
Independent Director
- Tenure: 1.3yrs
- Compensation: €103.00k
Paola de Ponti (57yo)
Independent Director
- Tenure: 1.3yrs
- Compensation: €107.00k
Dante Roscini (61yo)
Lead Independent Director
- Tenure: 1.2yrs
- Compensation: €82.00k
Company Information
Telecom Italia S.p.A.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Telecom Italia S.p.A.
- Ticker: TIAJ.F
- Exchange: OTCPK
- Founded: 1908
- Industry: Integrated Telecommunication Services
- Sector: Telecom
- Market Cap: €10.619b
- Listing Market Cap: €11.740b
- Shares outstanding: 21.07b
- Website: https://www.telecomitalia.com
Number of Employees
Location
- Telecom Italia S.p.A.
- Corso d’Italia, 41
- Rome
- Rome
- 198
- Italy
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| TQI | XTRA (XETRA Trading Platform) | Yes | Ordinary Shares | DE | EUR | Aug 2003 |
| TIIA.Y | OTCPK (Pink Sheets LLC) | SPONS ADR (EACH REP 10 ORD SHS)EUR0.55 | US | USD | Aug 2003 | |
| TIAO.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Aug 2003 |
| TIT | SWX (SIX Swiss Exchange) | Yes | Ordinary Shares | CH | CHF | Aug 2003 |
| TIT | BIT (Borsa Italiana) | Yes | Ordinary Shares | IT | EUR | Aug 2003 |
| TQI | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Aug 2003 |
| 0H6I | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | EUR | Aug 2003 |
| TQIA | DB (Deutsche Boerse AG) | SPONS ADR (EACH REP 10 ORD SHS)EUR0.55 | DE | EUR | Aug 2003 | |
| TQIR | DB (Deutsche Boerse AG) | Saving Shares | DE | EUR | Aug 2003 | |
| TIAI.Y | OTCPK (Pink Sheets LLC) | SPONS ADR(EACH REP 10 SAVING SHS)EUR0.55 | US | USD | Aug 2003 | |
| TQIR | XTRA (XETRA Trading Platform) | Saving Shares | DE | EUR | Aug 2003 | |
| 0GA3 | LSE (London Stock Exchange) | Saving Shares | GB | EUR | Aug 2003 | |
| TITR | BIT (Borsa Italiana) | Saving Shares | IT | EUR | Aug 2003 | |
| TITRM | BATS-CHIXE (BATS 'Chi-X Europe') | Saving Shares | GB | EUR | Aug 2003 | |
| TITM | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | EUR | Aug 2003 |
| TQI1 | DB (Deutsche Boerse AG) | SPONS ADR(EACH REP 10 SAVING SHS)EUR0.55 | DE | EUR | Aug 2003 | |
| TIT | WBAG (Wiener Boerse AG) | Yes | Ordinary Shares | AT | EUR | Aug 2003 |
| TIT | ENXTBR (Euronext Brussels) | Yes | Ordinary Shares | BE | EUR | Aug 2003 |
| TIAJ.F | OTCPK (Pink Sheets LLC) | AS DI RIS NONC | US | USD | Jan 2004 |
Biography
Telecom Italia S.p.A., together with its subsidiaries, provides fixed and mobile telecommunications services in Europe, South America, and the Mediterranean Basin. The company operates through Domestic, Br ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/09/18 00:03 |
| End of Day Share Price | 2019/09/13 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.