Telefónica, S.A. (TEFOF)

Communication Services · PNK

USD4.190.00% today

Fundamentals

Market capUSD24.64B
Dividend yield3.95%
Revenue growth (YoY)-12.4%
Profit margin-9.5%
Return on equity-8.9%
52-week rangeUSD3.66 to USD5.87

Valuation and ratings

DCF fair valueUSD2.95
Upside to fair value-29.6%
Analyst target (mean)USD3.53
Analyst rangeUSD3.53 to USD3.53
Analysts covering1
Consensus viewnone
Moat score29/100
Overall rating23/100, Sell

Fair value: USD2.95 (-29.6%), see how we got there

Telefónica, S.A. trades at USD4.19, which is 30% above the USD2.95 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 29 out of 100, which is little in the way of a moat. 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.

TEFOF dividend history

Dividend yield3.95%
Most recent paymentUSD0.173, ex 17 Jun 2025
Ex-dividend date16 Jun 2026
Dividend payment date20 Jun 2024
5-year growth (p.a.)-17.5%
Consecutive years paid12

Dividends per share by year

YearTotal per sharePayments
2025USD0.1731
2024USD0.3192
2023USD0.3232
2022USD0.3172
2021USD0.4102
2020USD0.4532
2019USD0.4472
2018USD0.4622
2017USD0.4592
2016USD0.4521
2015USD0.4461

Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.

TEFOF earnings and analyst estimates

Next earnings date29 Jul 2026
Expected revenue growth+1.8%

Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.

About Telefónica, S.A.

Telefónica, S.A., together with its subsidiaries, provides telecommunications services in Spain, Brazil, Germany, and the United Kingdom. The company offers digital services for residential customers, such as entertainment, home connectivity and security; and advanced solutions for businesses and public administrations, including cloud, cybersecurity, IoT, artificial intelligence, and professional services. It also provides wholesale services to other operators; fixed and wireless telephony services. It is also involved in the wholesale commercialization of a fiber-to-the-home network; and manages borrowing activities. In addition, the company offers ecosystem services, such as devices, health, insurance, video content, solar energy, alarm systems, advertising, financial services and education, etc.; traffic, connection fees, regular network usage fees, interconnection, network and equipment leasing, and handset sales; and other digital services comprising Pay TV and value-added services. Telefónica, S.A. was incorporated in 1924 and is based in Madrid, Spain.

Industry: Telecom ServicesEmployees: 74,427HQ: Spain

TEFOF 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 Telefónica, S.A. (TEFOF) undervalued?

Against our discounted cash flow estimate of USD2.95, TEFOF at USD4.19 is 30% 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.

Does Telefónica, S.A. (TEFOF) pay a dividend?

Yes. Telefónica, S.A. yields 3.95% at the current share price. It has paid a dividend in each of the last 12 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.

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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.