Telecom Italia SpA (MEX:TIT N) Cyclically Adjusted FCF per Share: MXN0.68 (As of Mar. 2026)


MEX:TIT N Telecom Italia SpA MEX:TIT N
42 GF Score
Price MXN159.76
GF Value MXN39.26
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Telecom Italia SpA Cyclically Adjusted FCF per Share?

Telecom Italia SpA MEX:TIT N 42 Cyclically Adjusted FCF per Share is MXN0.68 as of Mar. 2026. GuruFocus rates MEX:TIT N with a GF Score™ of 42/100 and a GF Value™ of MXN39.26 (Significantly Overvalued). The stock has 9 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

Telecom Italia SpA's adjusted free cash flow per share for the three months ended in Mar. 2026 was MXN-1.990. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is MXN0.68 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Telecom Italia SpA's average Cyclically Adjusted FCF Growth Rate was -33.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -10.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -25.30% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -27.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Telecom Italia SpA was -8.40% per year. The lowest was -38.30% per year. And the median was -24.20% per year.

As of today (2026-07-12), Telecom Italia SpA's current stock price is MXN159.76. Telecom Italia SpA's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was MXN0.68. Telecom Italia SpA's Cyclically Adjusted Price-to-FCF of today is 234.94.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Telecom Italia SpA was 203.15. The lowest was 8.51. And the median was 25.56.


Telecom Italia SpA  (MEX:TIT N) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Telecom Italia SpA's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=159.76/0.68
=234.94

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Telecom Italia SpA was 203.15. The lowest was 8.51. And the median was 25.56.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Telecom Italia SpA Cyclically Adjusted FCF per Share Related Terms


Telecom Italia SpA Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Telecom Italia SpA's Cyclically Adjusted FCF per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Telecom Italia SpA Cyclically Adjusted FCF per Share Chart

Telecom Italia SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.05 3.29 1.38 1.65 0.99

Telecom Italia SpA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.97 1.22 0.91 0.99 0.68

MEX:TIT N vs TMUS, VZ, T: Cyclically Adjusted FCF per Share Comparison

For the Telecom Services subindustry, Telecom Italia SpA's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Telecom Italia SpA Cyclically Adjusted Price-to-FCF vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Telecom Italia SpA's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Telecom Italia SpA's Cyclically Adjusted Price-to-FCF falls into.


MEX:TIT N
42GF Score
Telecom Italia SpA MEX:TIT N
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Telecom Italia SpA Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Telecom Italia SpA's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=-1.99/124.5600*124.5600
=-1.990

Current CPI (Mar. 2026) = 124.5600.

Telecom Italia SpA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.429 99.900 0.535
201609 2.385 100.100 2.968
201612 0.644 100.300 0.800
201703 -0.254 101.000 -0.313
201706 1.187 101.100 1.462
201709 -3.294 101.200 -4.054
201712 2.731 101.200 3.361
201803 -1.053 101.800 -1.288
201806 2.063 102.400 2.509
201809 -0.009 102.600 -0.011
201812 -0.768 102.300 -0.935
201903 0.896 102.800 1.086
201906 2.032 103.100 2.455
201909 1.796 102.900 2.174
201912 -1.739 102.800 -2.107
202003 4.152 102.900 5.026
202006 2.930 102.900 3.547
202009 1.676 102.300 2.041
202012 -2.207 102.600 -2.679
202103 1.248 103.700 1.499
202106 -1.662 104.200 -1.987
202109 -0.058 104.900 -0.069
202112 -2.478 106.600 -2.895
202203 -0.325 110.400 -0.367
202206 0.045 112.500 0.050
202209 -4.488 114.200 -4.895
202212 1.059 119.000 1.108
202303 -0.757 118.800 -0.794
202306 0.895 119.700 0.931
202309 0.936 120.300 0.969
202312 0.522 119.700 0.543
202403 -1.792 120.200 -1.857
202406 3.385 120.700 3.493
202409 -0.142 121.200 -0.146
202412 -0.202 121.200 -0.208
202503 -0.779 122.500 -0.792
202506 0.207 122.700 0.210
202509 -0.157 123.100 -0.159
202512 0.798 122.600 0.811
202603 -1.990 124.560 -1.990

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

What does a Cyclically Adjusted FCF per Share of MXN0.68 mean?
Telecom Italia SpA (MEX:TIT N) has a Cyclically Adjusted FCF per Share of MXN0.68 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Telecom Italia SpA and its competitors.
Is Telecom Italia SpA's Cyclically Adjusted FCF per Share too high?
Telecom Italia SpA's current Cyclically Adjusted FCF per Share is MXN0.68. Overall, Telecom Italia SpA has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Telecom Italia SpA's Cyclically Adjusted FCF per Share compare to TMUS and VZ?
Telecom Italia SpA's Cyclically Adjusted FCF per Share of MXN0.68 can be compared against companies in the Telecommunication Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for a Telecommunication Services company?
A good Cyclically Adjusted FCF per Share depends on the Telecommunication Services industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Telecom Italia SpA and its competitors. Telecom Italia SpA's current Cyclically Adjusted FCF per Share is MXN0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Telecom Italia SpA stock overvalued right now?
Based on GuruFocus' analysis, Telecom Italia SpA (MEX:TIT N) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN39.26, compared to a current price of MXN159.76 — trading 306.9% above its estimated fair value. The current Cyclically Adjusted FCF per Share is MXN0.68. Telecom Italia SpA's overall GF Score™ is 42/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For Telecom Italia SpA (MEX:TIT N), the current Cyclically Adjusted FCF per Share is MXN0.68 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Telecom Italia SpA (MEX:TIT N) Overvalued in 2026?

Based on GuruFocus' analysis, Telecom Italia SpA stock appears to be overvalued. The current stock price of MXN159.76 is trading 306.9% above its estimated GF Value™ of MXN39.26. GuruFocus considers Telecom Italia SpA to be Significantly Overvalued.

Key valuation signals for MEX:TIT N:

  • Cyclically Adjusted FCF per Share: MXN0.68
  • GF Value™: MXN39.26 vs. price of MXN159.76 (306.9% above fair value)
  • GF Score™: 42/100 with 9 warning signs

No single metric tells the full story. See the MEX:TIT N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Telecom Italia SpA Business Description

Address Via di Val Cannuta, No. 182, Roma, ITA, 00166
Telecom Italia is the incumbent telecommunications operator in Italy, with 23% share in the Italian mobile market and 35% share in broadband. In the mobile market, it competes with Vodafone, WindTre, and Iliad. After the sale of its fixed network to KKR for EUR 18.8 billion in 2024, TIM has become a pure service provider with no network ownership. TIM Brazil is significantly smaller than its peers, Telefonica and America Movil, with 25% wireless market share.
42GF Score

Get the complete analysis for MEX:TIT N

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN159.76
Price
MXN39.26
GF Value