TELECOM ITALIA SPA (TQI.DE) Fundamental Analysis & Valuation

FRA:TQI • IT0003497168

0.6256 EUR
+0.03 (+4.16%)
Last: Mar 6, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership

This TQI.DE fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

2

Taking everything into account, TQI scores 2 out of 10 in our fundamental rating. TQI was compared to 33 industry peers in the Diversified Telecommunication Services industry. Both the profitability and financial health of TQI have multiple concerns. TQI is valued correctly, but it does not seem to be growing.


Dividend Valuation Growth Profitability Health

2

1. TQI.DE Profitability Analysis

1.1 Basic Checks

  • In the past year TQI has reported negative net income.
  • In the past year TQI had a positive cash flow from operations.
  • TQI had negative earnings in 4 of the past 5 years.
  • In the past 5 years TQI always reported a positive cash flow from operatings.
TQI.DE Yearly Net Income VS EBIT VS OCF VS FCFTQI.DE Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5B -5B

1.2 Ratios

  • TQI has a worse Return On Assets (-0.54%) than 66.67% of its industry peers.
  • With a Return On Equity value of -1.65%, TQI is not doing good in the industry: 66.67% of the companies in the same industry are doing better.
  • TQI's Return On Invested Capital of 5.16% is in line compared to the rest of the industry. TQI outperforms 45.45% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for TQI is significantly below the industry average of 7.98%.
  • The 3 year average ROIC (2.92%) for TQI is below the current ROIC(5.16%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA -0.54%
ROE -1.65%
ROIC 5.16%
ROA(3y)-2.88%
ROA(5y)-2.26%
ROE(3y)-11.69%
ROE(5y)-11.44%
ROIC(3y)2.92%
ROIC(5y)2.54%
TQI.DE Yearly ROA, ROE, ROICTQI.DE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 -40

1.3 Margins

  • TQI's Operating Margin of 9.52% is on the low side compared to the rest of the industry. TQI is outperformed by 60.61% of its industry peers.
  • In the last couple of years the Operating Margin of TQI has declined.
  • The Gross Margin of TQI (43.30%) is worse than 66.67% of its industry peers.
  • In the last couple of years the Gross Margin of TQI has declined.
Industry RankSector Rank
OM 9.52%
PM (TTM) N/A
GM 43.3%
OM growth 3Y21.26%
OM growth 5Y-9.41%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-6.24%
GM growth 5Y-7.3%
TQI.DE Yearly Profit, Operating, Gross MarginsTQI.DE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50 -50

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ROAROEROICOperating and Profit MarginShow most profitable peers

1

2. TQI.DE Health Analysis

2.1 Basic Checks

  • TQI has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
  • Compared to 1 year ago, TQI has about the same amount of shares outstanding.
  • Compared to 5 years ago, TQI has more shares outstanding
  • Compared to 1 year ago, TQI has an improved debt to assets ratio.
TQI.DE Yearly Shares OutstandingTQI.DE Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B 20B
TQI.DE Yearly Total Debt VS Total AssetsTQI.DE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 20B 40B 60B

2.2 Solvency

  • Based on the Altman-Z score of 1.07, we must say that TQI is in the distress zone and has some risk of bankruptcy.
  • TQI has a Altman-Z score (1.07) which is in line with its industry peers.
  • TQI has a debt to FCF ratio of 21.44. This is a negative value and a sign of low solvency as TQI would need 21.44 years to pay back of all of its debts.
  • TQI has a Debt to FCF ratio of 21.44. This is in the lower half of the industry: TQI underperforms 66.67% of its industry peers.
  • A Debt/Equity ratio of 1.01 is on the high side and indicates that TQI has dependencies on debt financing.
  • The Debt to Equity ratio of TQI (1.01) is better than 60.61% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.01
Debt/FCF 21.44
Altman-Z 1.07
ROIC/WACC0.78
WACC6.66%
TQI.DE Yearly LT Debt VS Equity VS FCFTQI.DE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10B 20B

2.3 Liquidity

  • TQI has a Current Ratio of 0.74. This is a bad value and indicates that TQI is not financially healthy enough and could expect problems in meeting its short term obligations.
  • The Current ratio of TQI (0.74) is worse than 60.61% of its industry peers.
  • A Quick Ratio of 0.71 indicates that TQI may have some problems paying its short term obligations.
  • With a Quick ratio value of 0.71, TQI is not doing good in the industry: 63.64% of the companies in the same industry are doing better.
Industry RankSector Rank
Current Ratio 0.74
Quick Ratio 0.71
TQI.DE Yearly Current Assets VS Current LiabilitesTQI.DE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

3

3. TQI.DE Growth Analysis

3.1 Past

  • TQI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 81.87%, which is quite impressive.
  • Looking at the last year, TQI shows a very negative growth in Revenue. The Revenue has decreased by -10.33% in the last year.
  • The Revenue has been decreasing by -4.28% on average over the past years.
EPS 1Y (TTM)81.87%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%162.96%
Revenue 1Y (TTM)-10.33%
Revenue growth 3Y-1.94%
Revenue growth 5Y-4.28%
Sales Q2Q%-5.32%

3.2 Future

  • TQI is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 31.14% yearly.
  • TQI is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.19% yearly.
EPS Next Y128.25%
EPS Next 2Y85.8%
EPS Next 3Y61.01%
EPS Next 5Y31.14%
Revenue Next Year-9.56%
Revenue Next 2Y-3.53%
Revenue Next 3Y-1.49%
Revenue Next 5Y0.19%

3.3 Evolution

  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
TQI.DE Yearly Revenue VS EstimatesTQI.DE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 5B 10B 15B 20B
TQI.DE Yearly EPS VS EstimatesTQI.DE Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 0 0.02 -0.02 0.04 0.06

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4

4. TQI.DE Valuation Analysis

4.1 Price/Earnings Ratio

  • TQI reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
  • With a Price/Forward Earnings ratio of 26.03, TQI can be considered very expensive at the moment.
  • TQI's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. TQI is more expensive than 72.73% of the companies in the same industry.
  • When comparing the Price/Forward Earnings ratio of TQI to the average of the S&P500 Index (24.60), we can say TQI is valued inline with the index average.
Industry RankSector Rank
PE N/A
Fwd PE 26.03
TQI.DE Price Earnings VS Forward Price EarningsTQI.DE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 20 -20 -40 -60

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, TQI is valued cheaper than 93.94% of the companies in the same industry.
  • TQI's Price/Free Cash Flow is on the same level as the industry average.
Industry RankSector Rank
P/FCF 19.56
EV/EBITDA 4.12
TQI.DE Per share dataTQI.DE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 0.2 -0.2 0.4 0.6 0.8

4.3 Compensation for Growth

  • TQI's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • A more expensive valuation may be justified as TQI's earnings are expected to grow with 61.01% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y85.8%
EPS Next 3Y61.01%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. TQI.DE Dividend Analysis

5.1 Amount

  • No dividends for TQI!.
Industry RankSector Rank
Dividend Yield 0%

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Find the best dividend stocksShow peers with best dividend

TQI.DE Fundamentals: All Metrics, Ratios and Statistics

TELECOM ITALIA SPA

FRA:TQI (3/6/2026, 7:00:00 PM)

0.6256

+0.03 (+4.16%)

Chartmill FA Rating
GICS IndustryGroupTelecommunication Services
GICS IndustryDiversified Telecommunication Services
Earnings (Last)02-24
Earnings (Next)05-05
Inst Owners27.83%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap13.36B
Revenue(TTM)20.63B
Net Income(TTM)-197.00M
Analysts76.84
Price Target0.57 (-8.89%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly Dividend0.01
Dividend Growth(5Y)-10.69%
DP-88.32%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-1.32%
Min Revenue beat(2)-1.54%
Max Revenue beat(2)-1.1%
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)4.87%
PT rev (3m)19.34%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-21.26%
Revenue NQ rev (1m)-29.87%
Revenue NQ rev (3m)-29.87%
Revenue NY rev (1m)-0.14%
Revenue NY rev (3m)-0.06%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 26.03
P/S 0.65
P/FCF 19.56
P/OCF 5.59
P/B 1.12
P/tB N/A
EV/EBITDA 4.12
EPS(TTM)-0.01
EYN/A
EPS(NY)0.02
Fwd EY3.84%
FCF(TTM)0.03
FCFY5.11%
OCF(TTM)0.11
OCFY17.9%
SpS0.97
BVpS0.56
TBVpS-0.22
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -0.54%
ROE -1.65%
ROCE 7.76%
ROIC 5.16%
ROICexc 6.06%
ROICexgc 22.34%
OM 9.52%
PM (TTM) N/A
GM 43.3%
FCFM 3.31%
ROA(3y)-2.88%
ROA(5y)-2.26%
ROE(3y)-11.69%
ROE(5y)-11.44%
ROIC(3y)2.92%
ROIC(5y)2.54%
ROICexc(3y)3.49%
ROICexc(5y)3%
ROICexgc(3y)14.54%
ROICexgc(5y)10.74%
ROCE(3y)4.14%
ROCE(5y)3.6%
ROICexgc growth 3Y94.98%
ROICexgc growth 5Y23.94%
ROICexc growth 3Y51.42%
ROICexc growth 5Y4.99%
OM growth 3Y21.26%
OM growth 5Y-9.41%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-6.24%
GM growth 5Y-7.3%
F-Score4
Asset Turnover0.56
Health
Industry RankSector Rank
Debt/Equity 1.01
Debt/FCF 21.44
Debt/EBITDA 2.45
Cap/Depr 57.53%
Cap/Sales 8.28%
Interest Coverage 250
Cash Conversion 48.47%
Profit Quality N/A
Current Ratio 0.74
Quick Ratio 0.71
Altman-Z 1.07
F-Score4
WACC6.66%
ROIC/WACC0.78
Cap/Depr(3y)86.41%
Cap/Depr(5y)95.79%
Cap/Sales(3y)22.88%
Cap/Sales(5y)26.59%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)81.87%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%162.96%
EPS Next Y128.25%
EPS Next 2Y85.8%
EPS Next 3Y61.01%
EPS Next 5Y31.14%
Revenue 1Y (TTM)-10.33%
Revenue growth 3Y-1.94%
Revenue growth 5Y-4.28%
Sales Q2Q%-5.32%
Revenue Next Year-9.56%
Revenue Next 2Y-3.53%
Revenue Next 3Y-1.49%
Revenue Next 5Y0.19%
EBIT growth 1Y-22.16%
EBIT growth 3Y18.91%
EBIT growth 5Y-13.28%
EBIT Next Year213.32%
EBIT Next 3Y51.83%
EBIT Next 5Y29.94%
FCF growth 1Y326.88%
FCF growth 3YN/A
FCF growth 5Y-44.71%
OCF growth 1Y-39.08%
OCF growth 3Y-22.65%
OCF growth 5Y-19.54%

TELECOM ITALIA SPA / TQI.DE FAQ

What is the ChartMill fundamental rating of TELECOM ITALIA SPA (TQI.DE) stock?

ChartMill assigns a fundamental rating of 2 / 10 to TQI.DE.


What is the valuation status of TELECOM ITALIA SPA (TQI.DE) stock?

ChartMill assigns a valuation rating of 4 / 10 to TELECOM ITALIA SPA (TQI.DE). This can be considered as Fairly Valued.


What is the profitability of TQI stock?

TELECOM ITALIA SPA (TQI.DE) has a profitability rating of 2 / 10.


Can you provide the financial health for TQI stock?

The financial health rating of TELECOM ITALIA SPA (TQI.DE) is 1 / 10.


Can you provide the expected EPS growth for TQI stock?

The Earnings per Share (EPS) of TELECOM ITALIA SPA (TQI.DE) is expected to grow by 128.25% in the next year.