TIM S.A.

TIM S.A.

19.50
BRL
+0.13
(+0.67%)
1.80EPS
12.13P/E
52.24BMarket Cap
Nov 03Next Earn

Total Valuation

BRL

As of June 30, 2026, TIM S.A. carries a market capitalization of 52.24B, placing it among publicly traded companies globally. Its enterprise value stands at 64.21B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap52.24B
Enterprise Value64.21B

Important Dates

TIM S.A.'s next confirmed earnings release is scheduled for November 3, 2026.

Earnings Date11/3/2026

Share Statistics

As of June 30, 2026, TIM S.A. has 2.39B shares outstanding.

Shares Outstanding2.39B

Valuation Ratios

As of June 30, 2026, TIM S.A. trades at a trailing price-to-earnings ratio of 12.13. The price-to-sales ratio is 1.91, and the price-to-book ratio stands at 2.09.

PE Ratio12.13
PS Ratio1.91
PB Ratio2.09
P/TBV Ratio5.48
P/FCF Ratio5.74
P/OCF Ratio3.81

Enterprise Valuation

As of June 30, 2026, TIM S.A. trades at an EV/EBITDA multiple of 4.62 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 2.34 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 9.44 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. TIM S.A. trades at an EV/FCF ratio of 5.20, comparing the total takeover cost of the business to the cash it actually generates for all capital providers. These enterprise value multiples are built on an enterprise value of 64.21B versus a market cap of 52.24B, with the gap driven by net debt and cash on the balance sheet.

EV / Sales2.34
EV / EBITDA4.62
EV / EBIT9.44
EV / FCF5.20

Financial Position

As of June 30, 2026, TIM S.A. maintains a current ratio of 0.85, meaning it holds 0.8x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 65.95, indicating elevated leverage, while an interest coverage ratio of 3.90 demonstrates adequate ability to service its debt obligations.

Current Ratio0.85
Quick Ratio0.73
Debt / Equity65.95
Debt / EBITDA1.19
Interest Coverage3.90

Financial Efficiency

BRL

Over the twelve months ended June 30, 2026, TIM S.A. posted a return on equity (ROE) of 17.25, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 13.20 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 7.58, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 18.18, useful for judging operating efficiency across full business cycles. The company generates approximately 3.00M in revenue per employee across its workforce of 9,127.00, a quick read on workforce productivity versus industry peers. Inventory turnover of 31.68 indicates how many times TIM S.A. sells and replaces its inventory over a year, a key working capital efficiency ratio.

Return on Equity (ROE)17.25
Return on Assets (ROA)7.58
Return on Invested Capital (ROIC)13.20
Return on Capital Employed (ROCE)18.18
Revenue Per Employee3.00M
Employee Count9,127.00
Inventory Turnover31.68

Taxes

BRL

Over the twelve months ended June 30, 2026, TIM S.A. recorded 483.57M in income tax expense. That works out to an effective tax rate of 10.06, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 4.81B, leaving 4.33B in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax483.57M
Effective Tax Rate10.06

Stock Price Statistics

BRL

As of the close on October 22, 2026, TIM S.A.'s stock has declined approximately 17.79% over the past 52 weeks. The 50-day moving average sits at 18.80, while the 200-day moving average is 22.75.

52-Week Price Change-17.79%
50-Day Moving Average18.80
200-Day Moving Average22.75

Income Statement

BRL

Over the twelve months ended June 30, 2026, TIM S.A. generated 27.40B in revenue and converted that into 4.33B in net income, yielding earnings per share of 1.80. EBITDA reached 13.89B, while operating income came in at 6.97B.

Revenue27.40B
Gross Profit14.95B
Operating Income6.97B
Pretax Income4.81B
Net Income4.33B
EBITDA13.89B
EBIT6.80B
Earnings Per Share (EPS)1.80

Balance Sheet

BRL

As of June 30, 2026, TIM S.A. holds 4.53B in cash and equivalents against 16.50B in total debt, resulting in a net debt position of -28.22M. Total book value stands at 25.02B, with working capital of -2.21B providing operational flexibility.

Cash & Cash Equivalents4.53B
Total Debt16.50B
Net Debt-28.22M
Equity (Book Value)25.02B
Book Value Per Share10.47
Working Capital-2.21B

Cash Flow

BRL

TIM S.A. produced 13.75B in operating cash flow over the twelve months ended June 30, 2026. After subtracting -4.61B in capital expenditures, free cash flow totaled 9.15B - equivalent to 3.81 per share.

Operating Cash Flow13.75B
Capital Expenditures-4.61B
Free Cash Flow9.15B
FCF Per Share3.81

Margins

Over the twelve months ended June 30, 2026, TIM S.A. posted a gross margin of 54.57, reflecting its pricing power and cost economics. The operating margin of 25.45 and net profit margin of 15.79 provide insight into operational efficiency.

Gross Margin54.57
Operating Margin25.45
Pretax Margin17.55
Profit Margin15.79
EBITDA Margin50.70

Dividends & Yields

BRL

Over the twelve months ended June 30, 2026, TIM S.A. paid dividends of 2.24 per share. The dividend payout ratio of 124.03 exceeds 100%, meaning the company is distributing more than it earns and funding the dividend from cash reserves, asset sales, or borrowing, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield stands at 17.43, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield reaches 19.17, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to TIM S.A. shareholders.

Dividend Per Share2.24
Payout Ratio124.03
Shareholder Yield19.17
FCF Yield17.43

Stock Splits

TIM S.A.'s most recent stock split took place on July 3, 2007 with a 1000:1 split ratio.

Last Split Date7/3/2007
Split Ratio1000:1

Scores

As of June 30, 2026, TIM S.A. has an Altman Z-Score of 2.15, near the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score2.15