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.
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.
Telecom Italia SpATIAOF 60 Intrinsic Value: Projected FCF is $4.68 as of Sep. 06, 2026. GuruFocus rates TIAOF with a GF Score™ of 60/100 and a GF Value™ of $5.88 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 268 Telecommunication Services companies, Telecom Italia SpA ranks worse than 79.1% on this metric.
Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.
As of today (2026-09-06), Telecom Italia SpA's Intrinsic Value: Projected FCF is $4.68. The stock price of Telecom Italia SpA is $8.70. Therefore, Telecom Italia SpA's Price-to-Intrinsic-Value-Projected-FCF of today is 1.9.
The historical rank and industry rank for Telecom Italia SpA's Intrinsic Value: Projected FCF or its related term are showing as below:
TIAOF'
s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.94 Med: 1.62 Max: 4.76
Current: 1.86
During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Telecom Italia SpA was 4.76. The lowest was 0.94. And the median was 1.62.
TIAOF's Price-to-Projected-FCF is ranked worse than 79.1% of 268
companies
in the Telecommunication Services industry
Industry Median: 0.93
vs TIAOF: 1.86
Telecom Italia SpA (OTCPK:TIAOF) Intrinsic Value: Projected FCF Explanation
The growth multiple is capped between 8.35 and 17.74.
Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.
Telecom Italia SpA's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as
Price-to-Intrinsic-Value-Projected-FCF
=
Share Price
/
Intrinsic Value: Projected FCF
=
8.70
/
4.9001501933571
=
1.78
* 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 Intrinsic Value: Projected FCF Related Terms
Telecom Italia SpA Intrinsic Value: Projected FCF Historical Data
* Premium members only.
The historical data trend for Telecom Italia SpA's Intrinsic Value: Projected 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.
Telecom Italia SpA Intrinsic Value: Projected FCF Chart
TIAOF vs VZ, TMUS, T: Intrinsic Value: Projected FCF Comparison
For the Telecom Services subindustry, Telecom Italia SpA's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-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.
Telecom Italia SpA Price-to-Projected-FCF vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Telecom Italia SpA's Price-to-Projected-FCF distribution charts can be found below:
* The bar in red indicates where Telecom Italia SpA's Price-to-Projected-FCF falls into.
Telecom Italia SpA Intrinsic Value: Projected FCF Calculation
Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.
The details of how we calculate the intrinsic value of stocks are described in detail here.
This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.
* 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.
What does a Intrinsic Value: Projected FCF of $4.68 mean?
Telecom Italia SpA (TIAOF) has a Intrinsic Value: Projected FCF of $4.68 as of Sep. 06, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Telecom Italia SpA and its competitors. According to the industry distribution chart, Telecom Italia SpA ranks #212 out of 268 companies in the Telecommunication Services industry, placing it in the top 79.1%.
Is Telecom Italia SpA's Intrinsic Value: Projected FCF too high?
Telecom Italia SpA's current Intrinsic Value: Projected FCF is $4.68. The Telecommunication Services industry median Intrinsic Value: Projected FCF is 0.93. Telecom Italia SpA's value of $4.68 is 403.2% above this industry median. Based on the distribution chart, Telecom Italia SpA ranks #212 out of 268 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, Telecom Italia SpA has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Telecom Italia SpA's Intrinsic Value: Projected FCF compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Telecom Italia SpA ranks #212 out of 268 companies for Intrinsic Value: Projected FCF. This places Telecom Italia SpA in the lower half of its industry. The industry median Intrinsic Value: Projected FCF is 0.93. Telecom Italia SpA's value of $4.68 is 403.2% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: Projected FCF for a Telecommunication Services company?
The median Intrinsic Value: Projected FCF among Telecommunication Services companies is 0.93, based on 268 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Telecom Italia SpA's current Intrinsic Value: Projected FCF of $4.68 is 403.2% 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 Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Telecom Italia SpA and its competitors. For the Telecommunication Services industry, the median Intrinsic Value: Projected FCF is 0.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Telecom Italia SpA's current Intrinsic Value: Projected FCF is $4.68. 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 (TIAOF) is currently considered Significantly Overvalued. The stock's GF Value™ is $5.88, compared to a current price of $8.70 — trading 48% above its estimated fair value. The current Intrinsic Value: Projected FCF is $4.68 and 403.2% above the Telecommunication Services industry median of 0.93. Telecom Italia SpA's overall GF Score™ is 60/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For Telecom Italia SpA (TIAOF), the current Intrinsic Value: Projected FCF is $4.68 as of Sep. 06, 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 (TIAOF) Overvalued in 2026?
Based on GuruFocus' analysis, Telecom Italia SpA stock appears to be overvalued.
The current stock price of $8.70 is trading 48% above its estimated GF Value™ of $5.88.
GuruFocus considers Telecom Italia SpA to be Significantly Overvalued.
Key valuation signals for TIAOF:
Intrinsic Value: Projected FCF: $4.68
GF Value™: $5.88 vs. price of $8.70 (48% above fair value)
Industry Position: 403.2% above the Telecommunication Services median (#212 of 268)
No single metric tells the full story. See the TIAOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
60GF Score
Get the complete analysis for TIAOF
Intrinsic Value: Projected FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TIAOF has been successfully added to your 
