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Telefónica, S.A. TEF.MC

Communication Services · Telecom Services · Spain · IBEX 35

23
Profitability
3
Growth
0
Valuation
95
Financial strength
13
Momentum
4

Based on the available data, Telefónica, S.A. gets an algorithmic score of 23/100. It trades at 3.37 €, with a bearish technical trend (RSI 34.1) and 26.7% annual volatility.

Updated: 2026-09-30

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Strengths

  • Attractive free-cash-flow yield (24.6%).
  • Low valuation (P/E 8.5).
  • Low beta (0.45): defensive profile.
  • Meaningful dividend (4.43%).

Weaknesses

  • Low ROE (-10.3%).
  • Thin net margin (-9.1%): vulnerable to costs.
  • Shrinking revenue (-4.2% per year).
  • High leverage (debt/equity 228%): rate-sensitive.

Fundamentals

Forward P/E8.47
PEG0.38
P/B1.29
EV/EBITDA8.60
P/S0.52
ROE %-10.34
ROA %0.98
Gross margin %44.82
Operating margin %9.85
Net margin %-9.11
Revenue CAGR %-4.24
Debt/Equity %227.65
Current ratio0.92
FCF yield %24.59
Dividend yield %4.43
Payout %111.11

Returns

1 month-7.2 %
3 months-5.0 %
6 months-9.0 %
YTD+0.7 %
1 year-15.2 %
3 years+9.7 %
5 years+28.7 %
10 years-16.7 %

Risk

1-year volatility26.7 %
Beta0.45
5-year max drawdown-33.9 %
Sharpe 1A-0.63

Macroeconomic context

Advertising revenue tied to the consumer cycle and GDP; growth names are highly rate-sensitive. Regulatory risk (antitrust, privacy). As a Spanish company, it depends on ECB policy, the Spanish risk premium, the eurozone cycle and, if it operates in Latin America, on emerging-market currencies (BRL, MXN).

How the score is calculated

The score combines profitability (ROE, ROA, net margin), growth (revenue and earnings), valuation (P/E, EV/EBITDA, free cash flow), financial strength (debt and liquidity; not applied to banks and insurers) and momentum (6 and 12-month returns and trend). It is an educational quantitative filter, not a buy or sell recommendation.

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