Telecom Italia S.p.A.

    Telecom Italia S.p.A.

    MMIL:TITR
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    EUR
    - -
    - -
    141.41P/E

    Share Statistics

    As of March 31, 2026, Telecom Italia S.p.A. has 7.55B shares outstanding.

    Shares Outstanding7.55B

    Valuation Ratios

    As of March 31, 2026, Telecom Italia S.p.A. trades at a trailing price-to-earnings ratio of 141.41. The price-to-sales ratio is 1.44, and the price-to-book ratio stands at 1.29.

    PE Ratio141.41
    PS Ratio1.44
    PB Ratio1.29
    P/TBV Ratio-4.86
    P/FCF Ratio3.55
    P/OCF Ratio7.76

    Enterprise Valuation

    As of March 31, 2026, Telecom Italia S.p.A. trades at an EV/EBITDA multiple of 47.87 - 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 2.63 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 47.87 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. Telecom Italia S.p.A. trades at an EV/FCF ratio of 6.53, comparing the total takeover cost of the business to the cash it actually generates for all capital providers.

    EV / Sales2.63
    EV / EBITDA47.87
    EV / EBIT47.87
    EV / FCF6.53

    Financial Position

    As of March 31, 2026, Telecom Italia S.p.A. maintains a current ratio of 0.98, meaning it holds 1.0x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 108.63, indicating elevated leverage, while an interest coverage ratio of -12.71 demonstrates limited ability to service its debt obligations.

    Current Ratio0.98
    Quick Ratio0.33
    Debt / Equity108.63
    Debt / EBITDA25.59
    Interest Coverage-12.71

    Financial Efficiency

    Over the twelve months ended March 31, 2026, Telecom Italia S.p.A. posted a return on equity (ROE) of 0.91, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 1.43 - 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 0.28, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is negative at -0.32, pointing to unprofitable operations over the period. Inventory turnover of 26.34 indicates how many times Telecom Italia S.p.A. sells and replaces its inventory over a year, a key working capital efficiency ratio.

    Return on Equity (ROE)0.91
    Return on Assets (ROA)0.28
    Return on Invested Capital (ROIC)1.43
    Return on Capital Employed (ROCE)-0.32
    Inventory Turnover26.34

    Taxes

    These figures cover the twelve months ended March 31, 2026. That works out to an effective tax rate of 28.86, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items.

    Effective Tax Rate28.86

    Margins

    Over the twelve months ended March 31, 2026, Telecom Italia S.p.A. posted a gross margin of 37.18, reflecting its pricing power and cost economics. The operating margin of 5.50 and net profit margin of 1.02 provide insight into operational efficiency.

    Gross Margin37.18
    Operating Margin5.50
    Pretax Margin4.30
    Profit Margin1.02
    EBITDA Margin5.50

    Dividends & Yields

    These figures cover the twelve months ended March 31, 2026. The dividend payout ratio of 45.00 indicates the proportion of earnings distributed to shareholders, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield stands at 28.19, 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 10.79, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to Telecom Italia S.p.A. shareholders.

    Payout Ratio45.00
    Shareholder Yield10.79
    FCF Yield28.19

    Stock Splits

    Telecom Italia S.p.A.'s most recent stock split took place on August 4, 2003 with a 100000:330087 split ratio.

    Last Split Date8/4/2003
    Split Ratio100000:330087

    Scores

    As of March 31, 2026, Telecom Italia S.p.A. has an Altman Z-Score of 0.95, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

    Altman Z-Score0.95