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Telefonica Deutschland Holding AGHAM:O2D -1.00%66 Price-to-Owner-Earnings is 5.66 as of Jul. 25, 2026, which is 3% below its 10-year median of 5.82. GuruFocus rates HAM:O2D with a GF Score™ of 66/100 and a GF Value™ of €2.09 (Fairly Valued). The stock has 5 warning signs investors should review. Among 219 Telecommunication Services companies, Telefonica Deutschland Holding AG ranks better than 83.11% on this metric.
The historical rank and industry rank for Telefonica Deutschland Holding AG's Price-to-Owner-Earnings or its related term are showing as below:
HAM:O2D'
s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 3.03 Med: 5.82 Max: 12.46
Current: 5.6
During the past 13 years, the highest Price-to-Owner-Earnings of Telefonica Deutschland Holding AG was 12.46. The lowest was 3.03. And the median was 5.82.
HAM:O2D's Price-to-Owner-Earnings is ranked better than 83.11% of 219
companies
in the Telecommunication Services industry
Industry Median: 11.95
vs HAM:O2D: 5.60
* 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.
Telefonica Deutschland Holding AG Price-to-Owner-Earnings Chart
HAM:O2D vs TMUS, VZ, T: Price-to-Owner-Earnings Comparison
For the Telecom Services subindustry, Telefonica Deutschland Holding AG's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings 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.
Telefonica Deutschland Holding AG Price-to-Owner-Earnings vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Telefonica Deutschland Holding AG's Price-to-Owner-Earnings distribution charts can be found below:
* The bar in red indicates where Telefonica Deutschland Holding AG's Price-to-Owner-Earnings falls into.
"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."
* 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.
Telefonica Deutschland Holding AG (HAM:O2D) has a Price-to-Owner-Earnings of 5.66 as of Jul. 25, 2026. Price-to-owner-earnings ratio is the ratio of share price to a company's Buffett owner earnings per share. View historical data on Telefonica Deutschland Holding AG and its competitors. This is near median its historical median of 5.82. Over the past decade, Telefonica Deutschland Holding AG's Price-to-Owner-Earnings has ranged from 3.03 to 12.46. According to the industry distribution chart, Telefonica Deutschland Holding AG ranks #37 out of 219 companies in the Telecommunication Services industry, placing it in the top 16.9%.
Is Telefonica Deutschland Holding AG's Price-to-Owner-Earnings too high?
Telefonica Deutschland Holding AG's current Price-to-Owner-Earnings of 5.66 is near median its 10-year median of 5.82. Over the past 10 years, this metric has ranged from a low of 3.03 to a high of 12.46. The Telecommunication Services industry median Price-to-Owner-Earnings is 11.95. Telefonica Deutschland Holding AG's value of 5.66 is 52.6% below this industry median. Based on the distribution chart, Telefonica Deutschland Holding AG ranks #37 out of 219 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, Telefonica Deutschland Holding AG has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Telefonica Deutschland Holding AG's Price-to-Owner-Earnings compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Telefonica Deutschland Holding AG ranks #37 out of 219 companies for Price-to-Owner-Earnings. This places Telefonica Deutschland Holding AG in the top 17% of its industry — outperforming the majority of peers. The industry median Price-to-Owner-Earnings is 11.95. Telefonica Deutschland Holding AG's value of 5.66 is 52.6% below this benchmark. Historically, Telefonica Deutschland Holding AG's own Price-to-Owner-Earnings has ranged from 3.03 to 12.46 over the past decade. While the company's 10-year median is 5.82 vs. the industry median of 11.95, Telefonica Deutschland Holding AG 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 Price-to-Owner-Earnings for a Telecommunication Services company?
The median Price-to-Owner-Earnings among Telecommunication Services companies is 11.95, based on 219 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Owner-Earnings significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Owner-Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Telefonica Deutschland Holding AG's current Price-to-Owner-Earnings of 5.66 is 52.6% 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 Price-to-Owner-Earnings mean?
A high Price-to-Owner-Earnings can signal that a stock is expensive relative to its fundamentals. Price-to-owner-earnings ratio is the ratio of share price to a company's Buffett owner earnings per share. View historical data on Telefonica Deutschland Holding AG and its competitors. For the Telecommunication Services industry, the median Price-to-Owner-Earnings is 11.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Telefonica Deutschland Holding AG's current Price-to-Owner-Earnings is 5.66, which is near median its own 10-year median of 5.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Telefonica Deutschland Holding AG stock overvalued right now?
Based on GuruFocus' analysis, Telefonica Deutschland Holding AG (HAM:O2D) is currently considered Fairly Valued. The stock's GF Value™ is €2.09, compared to a current price of €1.98 — trading 5.3% below its estimated fair value. The current Price-to-Owner-Earnings is 5.66, which is near median its 10-year median of 5.82 and 52.6% below the Telecommunication Services industry median of 11.95. Telefonica Deutschland Holding AG's overall GF Score™ is 66/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Owner-Earnings calculated?
Price-to-Owner-Earnings is calculated from a company's financial statements. For Telefonica Deutschland Holding AG (HAM:O2D), the current Price-to-Owner-Earnings is 5.66 as of Jul. 25, 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 Telefonica Deutschland Holding AG (HAM:O2D) Overvalued in 2026?
Based on GuruFocus' analysis, Telefonica Deutschland Holding AG stock appears to be undervalued.
The current stock price of €1.98 is trading 5.3% below its estimated GF Value™ of €2.09.
GuruFocus considers Telefonica Deutschland Holding AG to be Fairly Valued.
Key valuation signals for HAM:O2D:
Price-to-Owner-Earnings: 5.66 (near median its 10-year median of 5.82)
GF Value™: €2.09 vs. price of €1.98 (5.3% below fair value)
Industry Position: 52.6% below the Telecommunication Services median (#37 of 219)
No single metric tells the full story. See the HAM:O2D stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Telefonica Deutschland Holding AG Business Description
Telefonica Deutschland Holding AG is the German subsidiary of Telefonica, which provides integrated network operations in Germany. The company offers mobile and fixed-network services for private and business customers as well as digital products and services. Its core brand is O2. It includes secondary brands and partners such as ALDI TALK, Tchibo MOBIL, AY YILDIZ, and others.
66GF Score
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