TDS (Telephone and Data Systems) EV-to-OCF: 10.72 (As of Aug. 08, 2026) — 56% Above Median

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.

TDS Telephone and Data Systems Inc TDS
65 GF Score
Price $32.98
GF Value $30.33
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Telephone and Data Systems EV-to-OCF?

Telephone and Data Systems TDS -8.39% 65 EV-to-OCF is 10.72 as of Aug. 08, 2026, which is 56% above its 10-year median of 6.85. GuruFocus rates TDS with a GF Score™ of 65/100 and a GF Value™ of $30.33 (Fairly Valued). The stock has 5 warning signs investors should review. Among 367 Telecommunication Services companies, Telephone and Data Systems ranks worse than 72.48% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Telephone and Data Systems's Enterprise Value is $5,056 Mil. Telephone and Data Systems's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was $472 Mil. Therefore, Telephone and Data Systems's EV-to-OCF for today is 10.72.

The historical rank and industry rank for Telephone and Data Systems's EV-to-OCF or its related term are showing as below:

TDS' s EV-to-OCF Range Over the Past 10 Years
Min: 3.87   Med: 6.85   Max: 14.25
Current: 10.72

During the past 13 years, the highest EV-to-OCF of Telephone and Data Systems was 14.25. The lowest was 3.87. And the median was 6.85.

TDS's EV-to-OCF is ranked worse than
72.48% of 367 companies
in the Telecommunication Services industry
Industry Median: 7.03 vs TDS: 10.72

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

As of today (2026-08-08), Telephone and Data Systems's stock price is $32.98. Telephone and Data Systems's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $0.520. Therefore, Telephone and Data Systems's PE Ratio (TTM) for today is 63.42.


Telephone and Data Systems  (NYSE:TDS) EV-to-OCF Explanation

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Telephone and Data Systems's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=32.98/0.520
=63.42

Telephone and Data Systems's share price for today is $32.98.
Telephone and Data Systems's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.520.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Telephone and Data Systems EV-to-OCF Related Terms


Telephone and Data Systems EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Telephone and Data Systems's EV-to-OCF 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 EV-to-OCF Chart

Telephone and Data Systems Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.14 6.46 7.77 7.35 11.60

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
EV-to-OCF 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 9.96 9.35 8.82 11.60 12.92

TDS vs LBRDA, LBTYA, KYIV: EV-to-OCF Comparison

For the Telecom Services subindustry, Telephone and Data Systems's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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 EV-to-OCF vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Telephone and Data Systems's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where Telephone and Data Systems's EV-to-OCF falls into.


TDS
65GF Score
Telephone and Data Systems Inc TDS
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Telephone and Data Systems EV-to-OCF Calculation

Telephone and Data Systems's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=5055.682/471.741
=10.72

Telephone and Data Systems's current Enterprise Value is $5,056 Mil.
Telephone and Data Systems's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $472 Mil.

* 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 EV-to-OCF →
What does a EV-to-OCF of 10.72 mean?
Telephone and Data Systems (TDS) has a EV-to-OCF of 10.72 as of Aug. 08, 2026. This is 56% above median its historical median of 6.85. Over the past decade, Telephone and Data Systems' EV-to-OCF has ranged from 3.87 to 14.25. According to the industry distribution chart, Telephone and Data Systems ranks #266 out of 367 companies in the Telecommunication Services industry, placing it in the top 72.5%.
Is Telephone and Data Systems' EV-to-OCF too high?
Telephone and Data Systems' current EV-to-OCF of 10.72 is 56% above median its 10-year median of 6.85. Over the past 10 years, this metric has ranged from a low of 3.87 to a high of 14.25. The Telecommunication Services industry median EV-to-OCF is 7.03. Telephone and Data Systems' value of 10.72 is 52.5% above this industry median. Based on the distribution chart, Telephone and Data Systems ranks #266 out of 367 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, Telephone and Data Systems has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Telephone and Data Systems' EV-to-OCF compare to LBRDA and LBTYA?
According to the Telecommunication Services industry distribution chart, Telephone and Data Systems ranks #266 out of 367 companies for EV-to-OCF. This places Telephone and Data Systems in the lower half of its industry. The industry median EV-to-OCF is 7.03. Telephone and Data Systems' value of 10.72 is 52.5% above this benchmark. Historically, Telephone and Data Systems' own EV-to-OCF has ranged from 3.87 to 14.25 over the past decade. While the company's 10-year median is 6.85 vs. the industry median of 7.03, Telephone and Data Systems 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 EV-to-OCF for a Telecommunication Services company?
The median EV-to-OCF among Telecommunication Services companies is 7.03, based on 367 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Telephone and Data Systems's current EV-to-OCF of 10.72 is 52.5% 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 EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Telecommunication Services industry, the median EV-to-OCF is 7.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Telephone and Data Systems's current EV-to-OCF is 10.72, which is 56% above median its own 10-year median of 6.85. 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 (TDS) is currently considered Fairly Valued. The stock's GF Value™ is $30.33, compared to a current price of $32.98 — trading 8.7% above its estimated fair value. The current EV-to-OCF is 10.72, which is 56% above median its 10-year median of 6.85 and 52.5% above the Telecommunication Services industry median of 7.03. Telephone and Data Systems' overall GF Score™ is 65/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Telephone and Data Systems (TDS), the current EV-to-OCF is 10.72 as of Aug. 08, 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 (TDS) Overvalued in 2026?

Based on GuruFocus' analysis, Telephone and Data Systems stock appears to be overvalued. The current stock price of $32.98 is trading 8.7% above its estimated GF Value™ of $30.33. GuruFocus considers Telephone and Data Systems to be Fairly Valued.

Key valuation signals for TDS:

  • EV-to-OCF: 10.72 (56% above median its 10-year median of 6.85)
  • GF Value™: $30.33 vs. price of $32.98 (8.7% above fair value)
  • GF Score™: 65/100 with 5 warning signs
  • Industry Position: 52.5% above the Telecommunication Services median (#266 of 367)

No single metric tells the full story. See the TDS 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: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.
65GF Score

Get the complete analysis for TDS

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

$32.98
Price
$30.33
GF Value