Deutsche Telekom (DTE.DE)

Communications · Xetra · Europe

€26.68-3.51% today

Fundamentals

Market cap€126.37B
P/E ratio14.4
Dividend yield3.95%
Revenue growth (YoY)+0.4%
Profit margin7.2%
Return on equity14.4%
52-week range€23.53 to €34.36
Next earnings2026-08-06

Valuation and ratings

DCF fair value€15.38
Upside to fair value-42.4%
Analyst target (mean)€37.69
Analyst range€33.00 to €43.00
Analysts covering17
Consensus viewstrong buy
Moat score50/100
Overall rating29/100, Sell

Deutsche Telekom trades at €26.68, which is 42% above the €15.38 our discounted cash flow model puts on the business. On that measure it screens as expensive, which is not the same as saying it will fall.

Our moat model scores it 50 out of 100, which is a moat, but not a deep one. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.

It changes hands at 14.4 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.

About Deutsche Telekom

Deutsche Telekom AG, together with its subsidiaries, provides integrated telecommunication services worldwide. It operates through Germany, United States, Europe, Systems Solutions, and Group Development segments. The company offers fixed-network services, including voice and data communication services based on fixed-network and broadband technology; and sells terminal equipment and other hardware products, as well as services to resellers. It also provides mobile voice and data services to consumers and business customers; sells mobile devices and other hardware products; and sells mobile services to resellers and to companies that buys and markets network services to third parties, such as mobile virtual network operators. In addition, the company offers internet services; internet-based TV products and services; and information and communication technology systems for multinational corporations and public sector institutions with an infrastructure of data centers and network services. Further, it provides wireless communications services; and cloud services, digital solutions, and security and advisory solutions. The company has mobile and broadband customers, as well as fixed-network lines. Deutsche Telekom AG was founded in 1995 and is headquartered in Bonn, Germany.

Industry: Telecom ServicesEmployees: 196,586HQ: Germany

DTE.DE passes 1 of our 30 screens today

Each screen prints the exact criteria it used, and the circumstances in which it is wrong.

Common questions

Is Deutsche Telekom (DTE.DE) undervalued?

Against our discounted cash flow estimate of €15.38, DTE.DE at €26.68 is 42% above fair value. That is one model's answer, not a recommendation, and most of a DCF's output sits in a terminal value nobody can forecast.

What is DTE.DE's P/E ratio?

DTE.DE trades at 14.4 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.

The full research page for DTE.DE, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.

Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.