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Telefónica, S.A.BME:TEF Stock Report

Market Cap €23.0b
Share Price
€4.08
€4.51
9.6% undervalued intrinsic discount
1Y-10.8%
7D6.8%
Portfolio Value
View

Telefónica, S.A.

BME:TEF Stock Report

Market Cap: €23.0b

TEF Community Fair Values

Create Narrative

See what 74 others think this stock is worth. Follow their fair value or set your own to get alerts.

Telefónica, S.A. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Telefónica
Historical stock prices
Current Share Price€4.08
52 Week High€4.89
52 Week Low€3.24
Beta0.29
1 Month Change5.05%
3 Month Change13.47%
1 Year Change-10.79%
3 Year Change2.05%
5 Year Change-1.43%
Change since IPO386.10%

Recent News & Updates

Recent updates

Analysis Article Nov 28

Telefónica (BME:TEF) Will Pay A Dividend Of €0.1215

The board of Telefónica, S.A. ( BME:TEF ) has announced that it will pay a dividend of €0.1215 per share on the 18th of...
Analysis Article Nov 04

Telefónica (BME:TEF) Is Paying Out A Dividend Of €0.1215

Telefónica, S.A. ( BME:TEF ) will pay a dividend of €0.1215 on the 18th of December. This makes the dividend yield...
Narrative Update Nov 03

TEF: Potential Vodafone Spain Deal And Modest Margin Gains Will Guide Next Steps

Telefónica’s analyst price target has been raised modestly, with new estimates rising from €4.45 to €4.51. This reflects analysts’ updated views based on slightly improved profit margins and adjusted revenue forecasts.
Narrative Update Oct 20

Fiber Modernization And Digital Services Will Unlock Future Markets

Analysts have raised their price target for Telefónica from €4.70 to €4.80, citing updated estimates following recent foreign exchange changes and financial results. Analyst Commentary Bullish Takeaways Bullish analysts note that updated foreign exchange rates have positively impacted the company's valuation and supported a higher price target.
Analysis Article Oct 18

Telefónica (BME:TEF) Has Announced A Dividend Of €0.1215

Telefónica, S.A. ( BME:TEF ) has announced that it will pay a dividend of €0.1215 per share on the 18th of December...
Analysis Article Oct 08

Returns On Capital At Telefónica (BME:TEF) Paint A Concerning Picture

What financial metrics can indicate to us that a company is maturing or even in decline? More often than not, we'll see...
Analysis Article Sep 16

Telefónica (BME:TEF) Will Pay A Dividend Of €0.1215

Telefónica, S.A. ( BME:TEF ) has announced that it will pay a dividend of €0.1215 per share on the 18th of December...
Narrative Update Sep 02

Fiber Modernization And Digital Services Will Unlock Future Markets

The consensus Analyst Price Target for Telefónica edged up slightly from €4.35 to €4.41, primarily due to updated foreign exchange impacts and minor model adjustments, with no material change in business fundamentals. Analyst Commentary Updated foreign exchange moves impacting future earnings estimates.
Analysis Article Aug 29

Telefónica (BME:TEF) Has Affirmed Its Dividend Of €0.1215

Telefónica, S.A.'s ( BME:TEF ) investors are due to receive a payment of €0.1215 per share on 18th of December. Based...
Analysis Article Aug 11

Telefónica's (BME:TEF) Dividend Will Be €0.1215

Telefónica, S.A. ( BME:TEF ) has announced that it will pay a dividend of €0.1215 per share on the 18th of December...
Analysis Article Jul 28

Telefónica (BME:TEF) Will Pay A Dividend Of €0.1215

The board of Telefónica, S.A. ( BME:TEF ) has announced that it will pay a dividend on the 18th of December, with...
Analysis Article Jul 22

Here's Why Telefónica (BME:TEF) Has A Meaningful Debt Burden

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Jun 30

Telefónica (BME:TEF) Has Affirmed Its Dividend Of €0.1215

The board of Telefónica, S.A. ( BME:TEF ) has announced that it will pay a dividend of €0.1215 per share on the 18th of...
Analysis Article Jun 16

Telefónica (BME:TEF) Has Announced A Dividend Of €0.1215

Telefónica, S.A. ( BME:TEF ) will pay a dividend of €0.1215 on the 19th of June. This means the annual payment is 6.5...
User avatar
New Narrative Nov 07

Fiber Expansion And 5G Investment Poised To Power Future Growth

Telefónica's network investments and strategic agreements solidify market position and future revenue prospects.

Shareholder Returns

TEFES TelecomES Market
7D6.8%2.4%2.1%
1Y-10.8%3.8%22.7%

Return vs Industry: TEF underperformed the Spanish Telecom industry which returned 5% over the past year.

Return vs Market: TEF underperformed the Spanish Market which returned 20.4% over the past year.

Price Volatility

Is TEF's price volatile compared to industry and market?
TEF volatility
TEF Average Weekly Movement4.2%
Telecom Industry Average Movement4.3%
Market Average Movement3.9%
10% most volatile stocks in ES Market6.8%
10% least volatile stocks in ES Market0.9%

Stable Share Price: TEF has not had significant price volatility in the past 3 months compared to the Spanish market.

Volatility Over Time: TEF's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
192482,175Marc Thomas Millarwww.telefonica.com

Telefónica, S.A., together with its subsidiaries, provides telecommunications services in Europe and Latin America. The company offers mobile and related services and products, including mobile voice, value added, mobile data and internet, wholesale, corporate, roaming, fixed wireless, and trunking and paging services; traditional fixed telecommunication services, such as PSTN lines; ISDN accesses; public telephone services; local, domestic, and international long-distance and fixed-to-mobile communications; corporate communications; supplementary value-added services; video telephony; intelligent network; telephony information services; and leases and sells handset equipment. It also provides internet provider service; portal and network, retail and wholesale broadband access, narrowband switched access and other technologies, internet through fibre to the home, very high bit-rate digital subscriber line, and voice over internet protocol services; leased line, virtual private network, fibre optics, web and managed hosting, content delivery and application, security, and outsourcing and consultancy services, including network management or CGP; and desktop, system integration, and professional services.

Telefónica, S.A. Fundamentals Summary

How do Telefónica's earnings and revenue compare to its market cap?
TEF fundamental statistics
Market cap€22.96b
Earnings (TTM)-€2.36b
Revenue (TTM)€35.91b
0.6x
P/S Ratio
-9.7x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TEF income statement (TTM)
Revenue€35.91b
Cost of Revenue€19.70b
Gross Profit€16.20b
Other Expenses€18.56b
Earnings-€2.36b

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

Jul 29, 2026

Earnings per share (EPS)-0.42
Gross Margin45.13%
Net Profit Margin-6.56%
Debt/Equity Ratio187.2%

How did TEF perform over the long term?

See historical performance and comparison

Dividends

7.4%
Current Dividend Yield
-77%
Payout Ratio

Does TEF pay a reliable dividends?

See TEF dividend history and benchmarks
When do you need to buy TEF by to receive an upcoming dividend?
Telefónica dividend dates
Ex Dividend DateJun 16 2026
Dividend Pay DateJun 18 2026
Days until Ex dividend26 days
Days until Dividend pay date28 days

Does TEF pay a reliable dividends?

See TEF dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/20 11:50
End of Day Share Price 2026/05/20 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Telefónica, S.A. is covered by 41 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Andrew Charles BealeArete Research Services LLP
null nullBanco de Sabadell. S.A.
Fernando Cordero BarreiraBanco Santander