Deutsche Telekom AG

XTRA-DTE

Basic

Market Cap
€118.48B
EV
€289.44B
Shares Out
4,932.76M
Revenue
€114.83B
Employees
201,251

Margins

Gross
44.1%
EBITDA
34.2%
Operating
19.94%
Pre-Tax
10.96%
Net
3.84%
FCF
22.07%

Returns (5Yr Avg)

ROA
2.88%
ROTA
-22.71%
ROE
9.86%
ROCE
6.99%
ROIC
4.55%

Valuation (TTM)

P/E
—
P/B
—
EV/Sales
—
EV/EBITDA
—
P/FCF
—
EV/Gross Profit
—

Valuation (NTM)

Price Target
€27.59
P/E
—
PEG
—
EV/Sales
—
EV/EBITDA
—
P/FCF
—

Financial Health

Cash
€10.83B
Net Debt
€136.88B
Debt/Equity
1.58
EBIT/Interest
3.16

Growth (CAGR)

Rev 3Yr
1.35%
Rev 5Yr
7.48%
Rev 10Yr
6.49%
Dil EPS 3Yr
0.21%
Dil EPS 5Yr
15.21%
Dil EPS 10Yr
6.04%
Rev Fwd 2Yr
2.47%
EBITDA Fwd 2Yr
12.39%
EPS Fwd 2Yr
13.3%
EPS LT Growth Est
10.8%

Dividends

Yield
—
Payout
86.96%
DPS
€0.77
DPS Growth 3Yr
8.67%
DPS Growth 5Yr
1.92%
DPS Growth 10Yr
4.41%
DPS Growth Fwd 2Yr
11.62%

Metric	Dec '14	Dec '15	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23	LTM
Operating Revenues						82,949	102,698	110,451	117,049	114,691	114,794
Other Revenues, Total	—					25	19	21	25	42	39
Total Revenues						82,974	102,717	110,472	117,074	114,733	114,833
Total Revenues % Chg.						6.2%	23.8%	7.5%	6%	-2%	-2%
Cost of Goods Sold, Total						52,824	61,994	67,192	71,123	64,964	64,197
Gross Profit						30,150	40,723	43,280	45,951	49,769	50,636
Depreciation & Amortization						17,270	24,584	26,803	26,460	23,750	23,596
Other Operating Expenses						2,315	3,020	2,939	4,926	4,021	4,142
Other Operating Expenses, Total						19,585	27,604	29,742	31,386	27,771	27,738
Operating Income						10,565	13,119	13,538	14,565	21,998	22,898
Interest Expense, Total						-2,854	-5,041	-5,027	-5,679	-7,289	-7,240
Interest And Investment Income						348	589	867	895	870	769
Net Interest Expenses						-2,506	-4,452	-4,160	-4,784	-6,419	-6,471
Income (Loss) On Equity Invest.						87	-11	-102	-524	-2,766	-2,752
Currency Exchange Gains (Loss)						-14	341	-282	-226	129	129
Other Non Operating Income (Expenses)	—	—				347	286	-322	1,174	370	358
EBT, Excl. Unusual Items						8,479	9,283	8,672	10,205	13,312	14,162
Restructuring Charges						-913	-1,268	-717	-1,230	-1,485	-1,437
Impairment of Goodwill						—	—	—	—	—	—
Gain (Loss) On Sale Of Investments						90	12	-118	1,813	8	-10
Gain (Loss) On Sale Of Assets						-131	-353	-8	992	193	180
Asset Writedown						-386	711	-287	-1,173	-211	-409
Insurance Settlements						122	73	86	369	151	102
Other Unusual Items					—	—	—	—	—	—	—
EBT, Incl. Unusual Items						7,261	8,458	7,628	10,976	11,968	12,588
Income Tax Expense						1,993	1,858	1,732	1,937	3,672	3,869
Earnings From Continuing Operations						5,268	6,600	5,896	9,039	8,296	8,719
Earnings Of Discontinued Operations	—	—	—	—	—	—	147	207	443	13,696	5
Minority Interest						-1,401	-2,589	-1,927	-1,481	-4,204	-4,314
Net Income						3,867	4,158	4,176	8,001	17,788	4,410
Net Income to Common Incl Extra Items						3,867	4,158	4,176	8,001	17,788	4,410
Net Income to Common Excl. Extra Items						3,867	4,011	3,969	7,558	4,092	4,405
Total Shares Outstanding						4,742.9	4,743.5	4,971.9	4,972.7	4,978.6	4,969
Weighted Avg. Shares Outstanding						4,743	4,743	4,813	4,972	4,976	4,974.8
Weighted Avg. Shares Outstanding Dil						4,743	4,743	4,813	4,972	4,976	4,974.8
EPS						0.8	0.9	0.9	1.6	3.6	0.9
EPS Diluted						0.8	0.9	0.9	1.6	3.6	0.9
EBITDA						24,186	32,935	34,406	34,231	38,224	39,276
Effective Tax Rate						27.4%	22%	22.7%	17.6%	30.7%	30.7%