Telefonica Deutschland Holding AG (HAM:O2D) Debt-to-Equity: 0.71 (As of Dec. 2025) — Near Median

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HAM:O2D Telefonica Deutschland Holding AG HAM:O2D
66 GF Score
Price €1.98
GF Value €2.09
Valuation Fairly Valued
! 5 Warning Signs
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What is Telefonica Deutschland Holding AG Debt-to-Equity?

Telefonica Deutschland Holding AG HAM:O2D -1.00% 66 Debt-to-Equity is 0.71 as of Dec. 2025, which is 9% below its 10-year median of 0.78. GuruFocus rates HAM:O2D with a GF Score™ of 66/100 and a GF Value™ of €2.09 (Fairly Valued). The stock has 5 warning signs investors should review. Among 323 Telecommunication Services companies, Telefonica Deutschland Holding AG ranks worse than 55.11% on this metric.

Telefonica Deutschland Holding AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was €1,081 Mil. Telefonica Deutschland Holding AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was €2,854 Mil. Telefonica Deutschland Holding AG's Total Stockholders Equity for the quarter that ended in Dec. 2025 was €5,523 Mil. Telefonica Deutschland Holding AG's debt to equity for the quarter that ended in Dec. 2025 was 0.71.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Telefonica Deutschland Holding AG's Debt-to-Equity or its related term are showing as below:

HAM:O2D' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.19   Med: 0.78   Max: 0.84
Current: 0.71

During the past 13 years, the highest Debt-to-Equity Ratio of Telefonica Deutschland Holding AG was 0.84. The lowest was 0.19. And the median was 0.78.

HAM:O2D's Debt-to-Equity is ranked worse than
55.11% of 323 companies
in the Telecommunication Services industry
Industry Median: 0.61 vs HAM:O2D: 0.71

Telefonica Deutschland Holding AG  (HAM:O2D) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Telefonica Deutschland Holding AG Debt-to-Equity Related Terms


Telefonica Deutschland Holding AG Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Telefonica Deutschland Holding AG's Debt-to-Equity 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.

Telefonica Deutschland Holding AG Debt-to-Equity Chart

Telefonica Deutschland Holding AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.84 0.84 0.84 0.79 0.71

Telefonica Deutschland Holding AG Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Dec24 Dec25
Debt-to-Equity 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 0.84 0.91 0.84 0.79 0.71

HAM:O2D vs TMUS, VZ, T: Debt-to-Equity Comparison

For the Telecom Services subindustry, Telefonica Deutschland Holding AG's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.


Telefonica Deutschland Holding AG Debt-to-Equity vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Telefonica Deutschland Holding AG's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Telefonica Deutschland Holding AG's Debt-to-Equity falls into.


HAM:O2D
66GF Score
Telefonica Deutschland Holding AG HAM:O2D
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Telefonica Deutschland Holding AG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Telefonica Deutschland Holding AG's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Telefonica Deutschland Holding AG's Debt to Equity Ratio for the quarter that ended in Dec. 2025 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.71 mean?
Telefonica Deutschland Holding AG (HAM:O2D) has a Debt-to-Equity of 0.71 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Telefonica Deutschland Holding AG and its competitors. This is near median its historical median of 0.78. Over the past decade, Telefonica Deutschland Holding AG's Debt-to-Equity has ranged from 0.19 to 0.84. According to the industry distribution chart, Telefonica Deutschland Holding AG ranks #178 out of 323 companies in the Telecommunication Services industry, placing it in the top 55.1%.
Is Telefonica Deutschland Holding AG's Debt-to-Equity too high?
Telefonica Deutschland Holding AG's current Debt-to-Equity of 0.71 is near median its 10-year median of 0.78. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 0.84. The Telecommunication Services industry median Debt-to-Equity is 0.61. Telefonica Deutschland Holding AG's value of 0.71 is 16.4% above this industry median. Based on the distribution chart, Telefonica Deutschland Holding AG ranks #178 out of 323 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, Telefonica Deutschland Holding AG has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Telefonica Deutschland Holding AG's Debt-to-Equity compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Telefonica Deutschland Holding AG ranks #178 out of 323 companies for Debt-to-Equity. This places Telefonica Deutschland Holding AG in the lower half of its industry. The industry median Debt-to-Equity is 0.61. Telefonica Deutschland Holding AG's value of 0.71 is 16.4% above this benchmark. Historically, Telefonica Deutschland Holding AG's own Debt-to-Equity has ranged from 0.19 to 0.84 over the past decade. While the company's 10-year median is 0.78 vs. the industry median of 0.61, Telefonica Deutschland Holding AG has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Telecommunication Services company?
The median Debt-to-Equity among Telecommunication Services companies is 0.61, based on 323 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Telefonica Deutschland Holding AG's current Debt-to-Equity of 0.71 is 16.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Telefonica Deutschland Holding AG and its competitors. For the Telecommunication Services industry, the median Debt-to-Equity is 0.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Telefonica Deutschland Holding AG's current Debt-to-Equity is 0.71, which is near median its own 10-year median of 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Telefonica Deutschland Holding AG stock overvalued right now?
Based on GuruFocus' analysis, Telefonica Deutschland Holding AG (HAM:O2D) is currently considered Fairly Valued. The stock's GF Value™ is €2.09, compared to a current price of €1.98 — trading 5.3% below its estimated fair value. The current Debt-to-Equity is 0.71, which is near median its 10-year median of 0.78 and 16.4% above the Telecommunication Services industry median of 0.61. Telefonica Deutschland Holding AG's overall GF Score™ is 66/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Telefonica Deutschland Holding AG (HAM:O2D), the current Debt-to-Equity is 0.71 as of Dec. 2025. 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 Telefonica Deutschland Holding AG (HAM:O2D) Overvalued in 2026?

Based on GuruFocus' analysis, Telefonica Deutschland Holding AG stock appears to be undervalued. The current stock price of €1.98 is trading 5.3% below its estimated GF Value™ of €2.09. GuruFocus considers Telefonica Deutschland Holding AG to be Fairly Valued.

Key valuation signals for HAM:O2D:

  • Debt-to-Equity: 0.71 (near median its 10-year median of 0.78)
  • GF Value™: €2.09 vs. price of €1.98 (5.3% below fair value)
  • GF Score™: 66/100 with 5 warning signs
  • Industry Position: 16.4% above the Telecommunication Services median (#178 of 323)

No single metric tells the full story. See the HAM:O2D stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Telefonica Deutschland Holding AG Business Description

Other Exchanges TELDY:USATELDF:USA
Address Georg-Brauchle-Ring 50, Munich, BY, DEU, 80992
Telefonica Deutschland Holding AG is the German subsidiary of Telefonica, which provides integrated network operations in Germany. The company offers mobile and fixed-network services for private and business customers as well as digital products and services. Its core brand is O2. It includes secondary brands and partners such as ALDI TALK, Tchibo MOBIL, AY YILDIZ, and others.
66GF Score

Get the complete analysis for HAM:O2D

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€1.98
Price
€2.09
GF Value