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Telefónica, S.A. (TEF.MC)

EUR3.63 +0.02 (+0.41%)
ES BME Communication Services Telecommunications Services
Address Distrito Telefónica 28050
Madrid, ES
CEO Marc Thomas Murtra Millar
IPO 2000-01-03
ISIN ES0178430E18

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Also trades on Deutsche Börse · TNE5.DE (EUR) Euronext Brussels · TFA.BR (EUR) Madrid Stock Exchange · TEF.MC (EUR) New York Stock Exchange · TEF (USD) Other OTC · TEFOF (USD) Other OTC · TELFY (USD)
Description

Telefónica, S.A., along with its affiliated companies, provides an extensive portfolio of telecommunications services across both Europe and Latin America. Its mobile division offers a wide array of solutions, including voice communication, value-added features, mobile data and internet access, wholesale services, corporate connectivity, roaming, fixed wireless, and specialized trunking and paging. The company's fixed-line services encompass traditional PSTN and ISDN connections, public telephone access, and various call types—local, national, international, and fixed-to-mobile. It also delivers corporate communication solutions, supplementary value-added services, video telephony, intelligent network functionalities, and information services, in addition to leasing and selling handset equipment. For internet and broadband, Telefónica functions as an internet service provider, manages portals and networks, and provides diverse access options such as retail and wholesale broadband, narrowband switched access, high-speed fiber-to-the-home, and Voice over IP (VoIP). Its enterprise solutions cater to businesses with offerings like leased lines, virtual private networks (VPNs), fiber optics, web hosting, application management, outsourcing, consultancy, desktop support, and system integration. Furthermore, Telefónica extends wholesale services to other telecommunications operators, covering domestic and international interconnections, leased lines, local loop leasing, bitstream access, wholesale line rental, and duct infrastructure for fiber deployment. Beyond its core telecom offerings, the company has diversified into video and TV content, smart connectivity, consumer Internet of Things (IoT) products, financial and payment services, cybersecurity, cloud computing, advertising, big data analytics, and digital telecommunications experiences, featuring virtual assistants, digital home platforms, and Movistar Home devices. Additional consumer services include online telemedicine, home insurance, music streaming, and consumer loans. Telefónica was incorporated in 1924 and maintains its headquarters in Madrid, Spain.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
EUR3.63 +0.02 (+0.41%)
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Volume Profile
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Liquidity & share structure
Average Volume
14M
Beta
0.29
Float Shares
3.93B
Free Float %
69.7%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-0.63% +0.69% +5.10% +13.91% +12.65% +16.85% -10.37% +3.24% -1.50% -55.63% -80.67%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Analyst Consensus (19 ratings, all time) Buy
Price Targets & DCF
Current price
3.63
DCF (Unlevered) 15.17 +317.8%
DCF (Levered) 13.30 +266.4%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 14% Bullish
Rating 2026-05 Change
Strong Buy 1 0
Buy 2 0
Hold 13 0
Sell 3 -1
Strong Sell 2 0
Quality scores
Altman Z-Score
0.62
Distress
Piotroski F-Score
4 / 9
Average
MOAT Score
3 / 10
No MOAT
Composite Rating
C+
Overall Score
2 / 5
Medium
DCF Score
5 / 5
High
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
1 / 5
Low
P/E Score
1 / 5
Low
P/Book Score
3 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Telecommunications Services: +7.0%
    -15.0% Q1'26: -11.9% (vs Q1'25)
  • EPS growth Telecommunications Services: +15.8%
    -1,265.3% Q1'26: +68.2% (vs Q1'25)
  • FCF margin FCF growth · Telecommunications Services: +29.4%
    +6.0% Q1'26: +3.9% (vs Q1'25)
  • EBIT margin Telecommunications Services: +14.7%
    +5.3% Q1'26: +13.8% (vs Q1'25)
  • ROIC Telecommunications Services: +6.4%
    +3.2% Q1'26: +6.0% (vs Q1'25)
  • Share dilution Telecommunications Services: +0.0%
    +0.0% Q1'26: -0.2% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Telecommunications Services: 1.26×
    5.16× Q1'26: 3.70× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.29) × ERP
WACC = 33% × Ke + 67% × Kd (4.2%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 15.74 Current price: 3.63
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
8 Rev. Ana.
6 EPS Ana.
Dec 2027
10 Rev. Ana.
8 EPS Ana.
Dec 2028
8 Rev. Ana.
8 EPS Ana.
Dec 2029
7 Rev. Ana.
6 EPS Ana.
Dec 2030
7 Rev. Ana.
6 EPS Ana.
Revenue
47.22B
est: 47.14B (+0.2%)
52.04B
est: 51.68B (+0.7%)
52.01B
est: 52.01B (0.0%)
48.69B
est: 48.63B (+0.1%)
48.42B
est: 48.29B (+0.3%)
43.08B
est: 43.06B (+0.0%)
39.28B
est: 38.73B (+1.4%)
39.99B
est: 39.96B (+0.1%)
40.65B
est: 40.87B (-0.5%)
41.32B
est: 40.96B (+0.9%)
35.12B
est: 35.82B (-1.9%)
33.97B
33.57B – 34.79B
-5.2% YoY
34.51B
33.51B – 35.84B
+1.6% YoY
34.70B
34.59B – 34.81B
+0.6% YoY
34.65B
33.95B – 35.74B
-0.1% YoY
34.97B
34.26B – 36.07B
+0.9% YoY
EBITDA
12.85B
est: 17.13B (-25.0%)
16.38B
est: 18.78B (-12.8%)
16.05B
est: 18.91B (-15.1%)
14.88B
est: 17.68B (-15.8%)
15.70B
est: 17.55B (-10.5%)
13.82B
est: 15.65B (-11.7%)
22.53B
est: 14.08B (+60.0%)
14.79B
est: 14.53B (+1.8%)
10.34B
est: 14.38B (-28.1%)
12.35B
est: 14.41B (-14.3%)
9.21B
est: 12.60B (-26.9%)
11.95B
11.81B – 12.24B
-5.2% YoY
12.14B
11.79B – 12.61B
+1.6% YoY
12.21B
12.17B – 12.24B
+0.6% YoY
12.19B
11.94B – 12.57B
-0.1% YoY
12.30B
12.05B – 12.69B
+0.9% YoY
EBIT
5.32B
est: 6.95B (-23.4%)
7.72B
est: 7.62B (+1.3%)
7.96B
est: 7.67B (+3.8%)
8.26B
est: 7.17B (+15.2%)
5.51B
est: 7.12B (-22.6%)
5.00B
est: 6.35B (-21.2%)
14.12B
est: 5.71B (+147.4%)
5.99B
est: 5.89B (+1.7%)
1.54B
est: 5.61B (-72.5%)
3.56B
est: 5.62B (-36.7%)
1.85B
est: 4.92B (-62.4%)
4.66B
4.61B – 4.77B
-5.2% YoY
4.74B
4.60B – 4.92B
+1.6% YoY
4.76B
4.75B – 4.78B
+0.6% YoY
4.76B
4.66B – 4.90B
-0.1% YoY
4.80B
4.70B – 4.95B
+0.9% YoY
Net Income
2.75B
est: 4.13B (-33.5%)
2.37B
est: 3.24B (-27.0%)
3.13B
est: 3.88B (-19.2%)
3.33B
est: 3.94B (-15.4%)
1.66B
est: 2.93B (-43.3%)
1.58B
est: 1.82B (-13.3%)
8.14B
est: 8.81B (-7.6%)
2.01B
est: 1.84B (+9.2%)
-892.00M
est: -961.00M (+7.2%)
-49.00M
est: 1.78B (-102.7%)
-4.32B
est: 1.70B (-354.6%)
2.03B
1.91B – 2.15B
+19.7% YoY
2.38B
2.14B – 2.48B
+17.4% YoY
2.45B
1.12B – 2.95B
+2.9% YoY
2.41B
2.35B – 2.51B
-1.7% YoY
— – —
-100.0% YoY
SGA
9.80B
est: 5.86B (+67.2%)
10.43B
est: 6.43B (+62.3%)
9.14B
est: 6.47B (+41.4%)
6.33B
est: 6.05B (+4.7%)
8.07B
est: 6.00B (+34.4%)
5.37B
est: 5.35B (+0.3%)
6.81B
est: 4.82B (+41.5%)
5.61B
est: 4.97B (+12.9%)
7.28B
est: 4.06B (+79.1%)
179.00M
est: 4.07B (-95.6%)
est: 3.56B (-100.0%)
3.38B
3.34B – 3.46B
-5.2% YoY
3.43B
3.33B – 3.56B
+1.6% YoY
3.45B
3.44B – 3.46B
+0.6% YoY
3.44B
3.37B – 3.55B
-0.1% YoY
3.48B
3.41B – 3.59B
+0.9% YoY
EPS
0.51
est: 0.73 (-30.4%)
0.42
est: 0.58 (-27.0%)
0.56
est: 0.69 (-18.6%)
0.65
est: 0.70 (-7.0%)
0.33
est: 0.52 (-36.6%)
0.24
est: 0.32 (-25.8%)
1.38
est: 1.56 (-11.7%)
0.31
est: 0.33 (-6.2%)
-0.20
est: -0.17 (-18.2%)
-0.06
est: 0.31 (-118.0%)
-0.77
est: 0.29 (-365.1%)
0.37
0.34 – 0.38
+25.7% YoY
0.40
0.38 – 0.44
+10.2% YoY
0.43
0.20 – 0.52
+6.7% YoY
0.43
0.42 – 0.45
-0.4% YoY
— – —
-100.0% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-20 C+ 2/5 5/5 1/5 1/5 1/5 1/5 3/5
2026-05-19 C+ 2/5 5/5 1/5 1/5 1/5 1/5 3/5
2026-05-18 C+ 2/5 5/5 1/5 1/5 1/5 1/5 3/5
2026-05-15 C+ 2/5 5/5 1/5 1/5 1/5 1/5 3/5
2026-05-14 C+ 2/5 5/5 1/5 1/5 1/5 1/5 3/5
2026-05-13 C+ 2/5 5/5 1/5 1/5 1/5 1/5 3/5
2026-05-12 C+ 2/5 5/5 1/5 1/5 1/5 1/5 3/5
2026-05-11 C+ 2/5 5/5 1/5 1/5 1/5 1/5 3/5
2026-05-08 C+ 2/5 5/5 1/5 1/5 1/5 1/5 3/5
2026-05-07 C+ 2/5 5/5 1/5 1/5 1/5 1/5 3/5
2026-05-06 C+ 2/5 5/5 1/5 1/5 1/5 1/5 3/5
2026-05-05 C+ 2/5 5/5 1/5 1/5 1/5 1/5 3/5
2026-05-04 C+ 2/5 5/5 1/5 1/5 1/5 1/5 3/5
2026-04-30 C+ 2/5 5/5 1/5 1/5 1/5 1/5 3/5
2026-04-29 C+ 2/5 5/5 1/5 1/5 1/5 1/5 3/5
2026-04-28 C+ 2/5 5/5 1/5 1/5 1/5 1/5 3/5
2026-04-27 C+ 2/5 5/5 1/5 1/5 1/5 1/5 3/5
2026-04-24 C+ 2/5 5/5 1/5 1/5 1/5 1/5 3/5
2026-04-23 C+ 2/5 5/5 1/5 1/5 1/5 1/5 3/5
2026-04-22 C+ 2/5 5/5 1/5 1/5 1/5 1/5 3/5
2026-04-21 C+ 2/5 5/5 1/5 1/5 1/5 1/5 3/5
2026-04-20 C+ 2/5 5/5 1/5 1/5 1/5 1/5 3/5
2026-04-17 C+ 2/5 5/5 1/5 1/5 1/5 1/5 3/5
2026-04-16 C+ 2/5 5/5 1/5 1/5 1/5 1/5 3/5
2026-04-15 C+ 2/5 5/5 1/5 1/5 1/5 1/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
998.56M
OE per share TTM
0.18
Owner's Yield
4.35%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
75.2%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
18.3K
Shares Outstanding
5.64B

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Marc Thomas Murtra Millar Executive Chairman & Chief Executive Officer 5M male
Emilio Gayo Rodríguez Chief Operating Officer & Executive Director 3M male
Francisco Javier de Paz Mancho Deputy to Chairman 258.6K male
Daniel Domenjó Chief Executive Officer of Movistar+
Juan Azcue Vich Chief Financial & Corporate Development Officer male
Marta Machicot Chief People Officer female
Pablo de Carvajal González General Counsel, Global Director of Regulatory Affairs & Head of Security Area male
Adrian Zunzunegui Ruano Head of Investor Relations male
Salvador Garcia Ruiz Chief Communications & Corporate Marketing Officer male
Alvaro Echevarria Arevalo Chief of Staff of Chairman's Office & Corporate Affairs male
Borja Ochoa Gil Chief Executive Officer of Telefónica Hispam male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits