TPG Telecom (ASX:TPG) EV-to-FCF: 7.20 (As of Jul. 14, 2026) — 65% Below Median

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ASX:TPG TPG Telecom Ltd ASX:TPG
64 GF Score
Price A$3.62
GF Value A$4.52
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is TPG Telecom EV-to-FCF?

TPG Telecom ASX:TPG 64 EV-to-FCF is 7.20 as of Jul. 14, 2026, which is 65% below its 10-year median of 20.37. GuruFocus rates ASX:TPG with a GF Score™ of 64/100 and a GF Value™ of A$4.52 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 249 Telecommunication Services companies, TPG Telecom ranks better than 84.74% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, TPG Telecom's Enterprise Value is A$11,188 Mil. TPG Telecom's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was A$1,554 Mil. Therefore, TPG Telecom's EV-to-FCF for today is 7.20.

The historical rank and industry rank for TPG Telecom's EV-to-FCF or its related term are showing as below:

ASX:TPG' s EV-to-FCF Range Over the Past 10 Years
Min: -1032.5   Med: 20.37   Max: 61.92
Current: 7.21

During the past 13 years, the highest EV-to-FCF of TPG Telecom was 61.92. The lowest was -1032.50. And the median was 20.37.

ASX:TPG's EV-to-FCF is ranked better than
84.74% of 249 companies
in the Telecommunication Services industry
Industry Median: 15.1 vs ASX:TPG: 7.21

EV-to-FCF 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 (2026-07-14), TPG Telecom's stock price is A$3.62. TPG Telecom's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.247. Therefore, TPG Telecom's PE Ratio (TTM) for today is 14.66.


TPG Telecom  (ASX:TPG) EV-to-FCF Explanation

EV-to-FCF 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.

TPG Telecom's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=3.62/0.247
=14.66

TPG Telecom's share price for today is A$3.62.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. TPG Telecom's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.247.

* 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. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


TPG Telecom EV-to-FCF Related Terms


TPG Telecom EV-to-FCF Historical Data

* Premium members only.

The historical data trend for TPG Telecom's EV-to-FCF 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.

TPG Telecom EV-to-FCF Chart

TPG Telecom Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.68 56.50 43.00 16.02 7.41

TPG Telecom Semi-Annual Data
Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EV-to-FCF 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 43.00 0.00 16.02 0.00 7.41

ASX:TPG vs TMUS, VZ, T: EV-to-FCF Comparison

For the Telecom Services subindustry, TPG Telecom's EV-to-FCF, along with its competitors' market caps and EV-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.


TPG Telecom EV-to-FCF vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, TPG Telecom's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where TPG Telecom's EV-to-FCF falls into.


ASX:TPG
64GF Score
TPG Telecom Ltd ASX:TPG
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TPG Telecom EV-to-FCF Calculation

TPG Telecom's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=11188.166/1554
=7.20

TPG Telecom's current Enterprise Value is A$11,188 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. TPG Telecom's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was A$1,554 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-FCF →
What does a EV-to-FCF of 7.20 mean?
TPG Telecom (ASX:TPG) has a EV-to-FCF of 7.20 as of Jul. 14, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on TPG Telecom and its competitors. This is 65% below median its historical median of 20.37. According to the industry distribution chart, TPG Telecom ranks #38 out of 249 companies in the Telecommunication Services industry, placing it in the top 15.3%.
Is TPG Telecom's EV-to-FCF too high?
TPG Telecom's current EV-to-FCF of 7.20 is 65% below median its 10-year median of 20.37. The Telecommunication Services industry median EV-to-FCF is 15.10. TPG Telecom's value of 7.20 is 52.3% below this industry median. Based on the distribution chart, TPG Telecom ranks #38 out of 249 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, TPG Telecom has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TPG Telecom's EV-to-FCF compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, TPG Telecom ranks #38 out of 249 companies for EV-to-FCF. This places TPG Telecom in the top 15% of its industry — outperforming the majority of peers. The industry median EV-to-FCF is 15.10. TPG Telecom's value of 7.20 is 52.3% below this benchmark. While the company's 10-year median is 20.37 vs. the industry median of 15.10, TPG Telecom has consistently been below 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-FCF for a Telecommunication Services company?
The median EV-to-FCF among Telecommunication Services companies is 15.10, based on 249 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. TPG Telecom's current EV-to-FCF of 7.20 is 52.3% below 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-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on TPG Telecom and its competitors. For the Telecommunication Services industry, the median EV-to-FCF is 15.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TPG Telecom's current EV-to-FCF is 7.20, which is 65% below median its own 10-year median of 20.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TPG Telecom stock overvalued right now?
Based on GuruFocus' analysis, TPG Telecom (ASX:TPG) is currently considered Modestly Undervalued. The stock's GF Value™ is A$4.52, compared to a current price of A$3.62 — trading 19.9% below its estimated fair value. The current EV-to-FCF is 7.20, which is 65% below median its 10-year median of 20.37 and 52.3% below the Telecommunication Services industry median of 15.10. TPG Telecom's overall GF Score™ is 64/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For TPG Telecom (ASX:TPG), the current EV-to-FCF is 7.20 as of Jul. 14, 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 TPG Telecom (ASX:TPG) Overvalued in 2026?

Based on GuruFocus' analysis, TPG Telecom stock appears to be undervalued. The current stock price of A$3.62 is trading 19.9% below its estimated GF Value™ of A$4.52. GuruFocus considers TPG Telecom to be Modestly Undervalued.

Key valuation signals for ASX:TPG:

  • EV-to-FCF: 7.20 (65% below median its 10-year median of 20.37)
  • GF Value™: A$4.52 vs. price of A$3.62 (19.9% below fair value)
  • GF Score™: 64/100 with 6 warning signs
  • Industry Position: 52.3% below the Telecommunication Services median (#38 of 249)

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


TPG Telecom Business Description

Other Exchanges TPGTF:USA
Address 200 Barangaroo Avenue, Level 27, Tower Two, International Towers Sydney, Barangaroo, NSW, AUS, 2000
TPG Telecom is Australia's third-largest telecom services company. It offers mobile, fixed-line broadband and telephony solutions. The group's mobile business caters to all market segments spanning consumer, small business, corporate, wholesale, and government. TPG Telecom has grown substantially since listing on the ASX in 2008, via organic growth and acquisitions, and culminated with the July 2020 Vodafone Hutchison Australia merger, the third-ranked mobile network operator in Australia. It owns an extensive stable of infrastructure assets, including a nationwide mobile network that is upgrading to 5G wireless. In July 2025, TPG sold its fiber assets for AUD 5.3 billion to Vocus.
64GF Score

Get the complete analysis for ASX:TPG

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

A$3.62
Price
A$4.52
GF Value