Telecom Italia SpA (MEX:TIT N) E10: MXN-1.20 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:TIT N Telecom Italia SpA MEX:TIT N
45 GF Score
Price MXN159.76
GF Value MXN109.05
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Telecom Italia SpA E10?

Telecom Italia SpA MEX:TIT N 45 E10 is MXN-1.20 as of Jun. 2026. GuruFocus rates MEX:TIT N with a GF Score™ of 45/100 and a GF Value™ of MXN109.05 (Significantly Overvalued). The stock has 6 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.

Telecom Italia SpA's adjusted earnings per share data for the three months ended in Jun. 2026 was MXN0.832. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN-1.20 for the trailing ten years ended in Jun. 2026.

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 Telecom Italia SpA was 0.70% per year. The lowest was -55.00% per year. And the median was -24.50% per year.

As of today (2026-08-11), Telecom Italia SpA's current stock price is MXN159.76. Telecom Italia SpA's E10 for the quarter that ended in Jun. 2026 was MXN-1.20. Telecom Italia SpA's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Telecom Italia SpA was 307.90. The lowest was 13.58. And the median was 29.74.


Telecom Italia SpA  (MEX:TIT N) 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.

During the past 13 years, the highest Shiller P/E Ratio of Telecom Italia SpA was 307.90. The lowest was 13.58. And the median was 29.74.


Be Aware

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


Telecom Italia SpA E10 Related Terms


Telecom Italia SpA E10 Historical Data

* Premium members only.

The historical data trend for Telecom Italia SpA'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.

Telecom Italia SpA E10 Chart

Telecom Italia SpA 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 1.64 1.88 0.35 -1.65 -0.59

Telecom Italia SpA Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 -0.97 -1.14 -0.59 -0.85 -1.20

MEX:TIT N vs VZ, TMUS, T: E10 Comparison

For the Telecom Services subindustry, Telecom Italia SpA'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.


Telecom Italia SpA Shiller PE Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Telecom Italia SpA's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Telecom Italia SpA's Shiller PE Ratio falls into.


MEX:TIT N
45GF Score
Telecom Italia SpA MEX:TIT N
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Telecom Italia SpA 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, Telecom Italia SpA's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.832/126.4000*126.4000
=0.832

Current CPI (Jun. 2026) = 126.4000.

Telecom Italia SpA Quarterly Data

per share eps CPI Adj_EPS
201609 1.406 100.100 1.775
201612 0.904 100.300 1.139
201703 0.535 101.000 0.670
201706 1.068 101.100 1.335
201709 1.255 101.200 1.568
201712 0.271 101.200 0.338
201803 0.592 101.800 0.735
201806 1.015 102.400 1.253
201809 -4.057 102.600 -4.998
201812 -0.033 102.300 -0.041
201903 0.480 102.800 0.590
201906 1.112 103.100 1.363
201909 0.869 102.900 1.067
201912 -0.006 102.800 -0.007
202003 1.926 102.900 2.366
202006 0.179 102.900 0.220
202009 1.727 102.300 2.134
202012 19.181 102.600 23.630
202103 -0.735 103.700 -0.896
202106 0.251 104.200 0.304
202109 0.446 104.900 0.537
202112 -26.535 106.600 -31.464
202203 -0.593 110.400 -0.679
202206 -0.786 112.500 -0.883
202209 -5.923 114.200 -6.556
202212 -0.539 119.000 -0.573
202303 -1.761 118.800 -1.874
202306 -0.305 119.700 -0.322
202309 -0.766 120.300 -0.805
202312 -0.777 119.700 -0.820
202403 -0.956 120.200 -1.005
202406 -0.642 120.700 -0.672
202409 0.396 121.200 0.413
202412 -0.292 121.200 -0.305
202503 -0.363 122.500 -0.375
202506 -0.023 122.700 -0.024
202509 0.066 123.100 0.068
202512 1.134 122.600 1.169
202603 -0.806 124.560 -0.818
202606 0.832 126.400 0.832

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 MXN-1.20 mean?
Telecom Italia SpA (MEX:TIT N) has a E10 of MXN-1.20 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Telecom Italia SpA and its competitors.
Is Telecom Italia SpA's E10 too high?
Telecom Italia SpA's current E10 is MXN-1.20. Overall, Telecom Italia SpA has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Telecom Italia SpA's E10 compare to VZ and TMUS?
Telecom Italia SpA's E10 of MXN-1.20 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 Telecom Italia SpA and its competitors. Telecom Italia SpA's current E10 is MXN-1.20. 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 MXN109.05, compared to a current price of MXN159.76 — trading 46.5% above its estimated fair value. The current E10 is MXN-1.20. Telecom Italia SpA's overall GF Score™ is 45/100 with 6 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 Telecom Italia SpA (MEX:TIT N), the current E10 is MXN-1.20 as of Jun. 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 46.5% above its estimated GF Value™ of MXN109.05. GuruFocus considers Telecom Italia SpA to be Significantly Overvalued.

Key valuation signals for MEX:TIT N:

  • E10: MXN-1.20
  • GF Value™: MXN109.05 vs. price of MXN159.76 (46.5% above fair value)
  • GF Score™: 45/100 with 6 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.
45GF Score

Get the complete analysis for MEX:TIT N

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

MXN159.76
Price
MXN109.05
GF Value