Telephone and Data Systems (FRA:TDA1) E10: €0.24 (As of Mar. 2026)


FRA:TDA1 Telephone and Data Systems Inc FRA:TDA1
59 GF Score
Price €30.40
GF Value €28.02
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Telephone and Data Systems E10?

Telephone and Data Systems FRA:TDA1 -0.65% 59 E10 is €0.24 as of Mar. 2026. GuruFocus rates FRA:TDA1 with a GF Score™ of 59/100 and a GF Value™ of €28.02 (Fairly Valued). The stock has 5 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Telephone and Data Systems's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.943. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.24 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Telephone and Data Systems's average E10 Growth Rate was -12.50% per year. During the past 3 years, the average E10 Growth Rate was -45.50% per year. During the past 5 years, the average E10 Growth Rate was -30.40% per year. During the past 10 years, the average E10 Growth Rate was -14.40% 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 E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Telephone and Data Systems was 73.90% per year. The lowest was -45.50% per year. And the median was -1.50% per year.

As of today (2026-07-09), Telephone and Data Systems's current stock price is €30.40. Telephone and Data Systems's E10 for the quarter that ended in Mar. 2026 was €0.24. Telephone and Data Systems's Shiller PE Ratio of today is 126.67.

During the past 13 years, the highest Shiller PE Ratio of Telephone and Data Systems was 287.64. The lowest was 6.41. And the median was 24.36.


Telephone and Data Systems  (FRA:TDA1) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Telephone and Data Systems's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=30.40/0.24
=126.67

* 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 Shiller P/E Ratio of Telephone and Data Systems was 287.64. The lowest was 6.41. And the median was 24.36.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Telephone and Data Systems E10 Related Terms


Telephone and Data Systems E10 Historical Data

* Premium members only.

The historical data trend for Telephone and Data Systems's E10 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.

Telephone and Data Systems E10 Chart

Telephone and Data Systems Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.91 1.70 0.38 0.25 0.14

Telephone and Data Systems Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
E10 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 0.14 0.14 0.06 0.14 0.24

FRA:TDA1 vs LBRDA, IRDM, LBTYA: E10 Comparison

For the Telecom Services subindustry, Telephone and Data Systems's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio 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.


Telephone and Data Systems Shiller PE Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Telephone and Data Systems's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Telephone and Data Systems's Shiller PE Ratio falls into.


FRA:TDA1
59GF Score
Telephone and Data Systems Inc FRA:TDA1
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Telephone and Data Systems E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

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, Telephone and Data Systems's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.943/330.2130*330.2130
=0.943

Current CPI (Mar. 2026) = 330.2130.

Telephone and Data Systems Quarterly Data

per share eps CPI Adj_EPS
201606 0.223 241.018 0.306
201609 0.098 241.428 0.134
201612 -0.047 241.432 -0.064
201703 0.309 243.801 0.419
201706 0.080 244.955 0.108
201709 -1.376 246.819 -1.841
201712 2.146 246.524 2.875
201803 0.276 249.554 0.365
201806 0.248 251.989 0.325
201809 0.351 252.439 0.459
201812 0.123 251.233 0.162
201903 0.443 254.202 0.575
201906 0.248 256.143 0.320
201909 0.136 256.759 0.175
201912 0.090 256.974 0.116
202003 0.534 258.115 0.683
202006 0.497 257.797 0.637
202009 0.560 260.280 0.710
202012 0.099 260.474 0.126
202103 0.403 264.877 0.502
202106 0.141 271.696 0.171
202109 0.204 274.310 0.246
202112 0.097 278.802 0.115
202203 0.336 287.504 0.386
202206 0.142 296.311 0.158
202209 -0.222 296.808 -0.247
202212 -0.359 296.797 -0.399
202303 -0.075 301.836 -0.082
202306 -0.157 305.109 -0.170
202309 -0.150 307.789 -0.161
202312 -4.255 306.746 -4.581
202403 0.092 312.332 0.097
202406 -0.121 314.175 -0.127
202409 -0.658 315.301 -0.689
202412 -0.096 315.605 -0.100
202503 -0.083 319.799 -0.086
202506 -0.043 322.561 -0.044
202509 -0.724 324.800 -0.736
202512 0.282 324.054 0.287
202603 0.943 330.213 0.943

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of €0.24 mean?
Telephone and Data Systems (FRA:TDA1) has a E10 of €0.24 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Telephone and Data Systems and its competitors.
Is Telephone and Data Systems' E10 too high?
Telephone and Data Systems' current E10 is €0.24. Overall, Telephone and Data Systems has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Telephone and Data Systems' E10 compare to LBRDA and IRDM?
Telephone and Data Systems' E10 of €0.24 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 E10 for a Telecommunication Services company?
A good E10 depends on the Telecommunication Services industry context. However, E10 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 E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Telephone and Data Systems and its competitors. Telephone and Data Systems's current E10 is €0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Telephone and Data Systems stock overvalued right now?
Based on GuruFocus' analysis, Telephone and Data Systems (FRA:TDA1) is currently considered Fairly Valued. The stock's GF Value™ is €28.02, compared to a current price of €30.40 — trading 8.5% above its estimated fair value. The current E10 is €0.24. Telephone and Data Systems' overall GF Score™ is 59/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Telephone and Data Systems (FRA:TDA1), the current E10 is €0.24 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 Telephone and Data Systems (FRA:TDA1) Overvalued in 2026?

Based on GuruFocus' analysis, Telephone and Data Systems stock appears to be overvalued. The current stock price of €30.40 is trading 8.5% above its estimated GF Value™ of €28.02. GuruFocus considers Telephone and Data Systems to be Fairly Valued.

Key valuation signals for FRA:TDA1:

  • E10: €0.24
  • GF Value™: €28.02 vs. price of €30.40 (8.5% above fair value)
  • GF Score™: 59/100 with 5 warning signs

No single metric tells the full story. See the FRA:TDA1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Telephone and Data Systems Business Description

Other Exchanges TDSpU.PFD:USATDS:USA
Address 30 North LaSalle Street, Suite 4000, Chicago, IL, USA, 60602
Telephone and Data Systems Inc is a diversified telecommunications operator that provides communications services to customers through broadband, video, voice, and wireless connections. The company has two reportable segments: TDS Telecom and Array. The majority of its revenue is generated from the TDS Telecom segment, which generates revenue by providing broadband, video, voice, and wireless services. The Array segment generates its revenue mainly by leasing tower space on Array-owned towers to customers.
59GF Score

Get the complete analysis for FRA:TDA1

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€30.40
Price
€28.02
GF Value