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The historical rank and industry rank for Telephone and Data Systems's Net Cash per Share or its related term are showing as below:
TDS's Price-to-Net-Cash is not ranked *
in the Telecommunication Services industry.
Industry Median: 7.54 * Ranked among companies with meaningful Price-to-Net-Cash only.
Telephone and Data Systems (NYSE:TDS) Net Cash per Share Explanation
Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.
You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.
Telephone and Data Systems Net Cash per Share Related Terms
Telephone and Data Systems Net Cash per Share Historical Data
* 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 Net Cash per Share Chart
TDS vs LBTYA, AD, KYIV: Net Cash per Share Comparison
For the Telecom Services subindustry, Telephone and Data Systems's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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 Price-to-Net-Cash vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Telephone and Data Systems's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where Telephone and Data Systems's Price-to-Net-Cash falls into.
Telephone and Data Systems Net Cash per Share Calculation
In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.
Telephone and Data Systems's Net Cash per Share for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (TDS) has a Net Cash per Share of $-8.85 as of Jun. 2026. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Telephone and Data Systems and its competitors. According to the industry distribution chart, Telephone and Data Systems ranks #999999 out of 31 companies in the Telecommunication Services industry.
Is Telephone and Data Systems' Net Cash per Share too high?
Telephone and Data Systems' current Net Cash per Share is $-8.85. Based on the distribution chart, Telephone and Data Systems ranks #999999 out of 31 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, Telephone and Data Systems has a GF Score™ of 55/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Telephone and Data Systems' Net Cash per Share compare to LBTYA and AD?
According to the Telecommunication Services industry distribution chart, Telephone and Data Systems ranks #999999 out of 31 companies for Net Cash per Share. This places Telephone and Data Systems in the lower half of its industry. The industry median Net Cash per Share is 7.54. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Cash per Share for a Telecommunication Services company?
The median Net Cash per Share among Telecommunication Services companies is 7.54, based on 31 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share 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 Net Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Telephone and Data Systems and its competitors. For the Telecommunication Services industry, the median Net Cash per Share is 7.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Telephone and Data Systems's current Net Cash per Share is $-8.85. 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 Modestly Overvalued. The stock's GF Value™ is $32.18, compared to a current price of $37.44 — trading 16.3% above its estimated fair value. The current Net Cash per Share is $-8.85. Telephone and Data Systems' overall GF Score™ is 55/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For Telephone and Data Systems (TDS), the current Net Cash per Share is $-8.85 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 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 $37.44 is trading 16.3% above its estimated GF Value™ of $32.18.
GuruFocus considers Telephone and Data Systems to be Modestly Overvalued.
Key valuation signals for TDS:
Net Cash per Share: $-8.85
GF Value™: $32.18 vs. price of $37.44 (16.3% above fair value)
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 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.
55GF Score
Get the complete analysis for TDS
Net Cash per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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