Company	Price	Valuation					Profitability					Cash & leverage					Quality				Rating
		P/E	P/B	P/S	EV / EBITDA	DCF upside	Gross margin	Operating margin	Net margin	ROE	ROIC	FCF yield	Debt / equity	Net debt / EBITDA	Interest coverage	Current ratio	Dividend yield	Piotroski (0-9)	Altman Z	Rating score (1-5)
TEF.MCthis companyTelefónica, S.A.	€3.40	-4.31×	1.38×	0.56×	5.97×	347.8%	7.4%	4.2%	-12.3%	-30.3%	2.0%	23.7%	2.78×	3.75×	0.77×	0.89×	9.4%	5	0.8	2	C
DIDIGIS.MCDigi Spain Telecom, S.a.	€6.49	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
DTE.DEDeutsche Telekom AG	€26.04	14.04×	2.17×	1.13×	5.37×	546.2%	24.6%	22.5%	8.1%	15.5%	7.1%	21.0%	2.27×	2.67×	4.11×	1.12×	4.8%	5	1.05	3	B+
ORA.PAOrange S.A.	€15.08	101.43×	1.5×	0.93×	6.39×	138.2%	15.8%	8.1%	1.3%	2.1%	1.8%	9.2%	1.98×	3.2×	2.45×	1.1×	5.3%	6	0.64	2	C+
PAR.MCParlem Telecom Companyia de Telecomunicacions, S.A.	€0.85	-11.74×	-23.57×	1.09×	46.09×	387.2%	40.3%	-3.2%	-9.1%	196.8%	-3.7%	-11.9%	-16.24×	18.4×	-0.66×	0.37×	0.0%	3	-0.43	2	C
TELIA.STTelia Company AB (publ)	SEK 48.95	44.25×	3.03×	1.91×	7.66×	-6.3%	24.4%	13.3%	4.3%	6.8%	5.3%	8.2%	1.99×	2.82×	2.91×	0.92×	5.1%	6	1.31	2	C+
Peer median	—	29.14×	1.83×	1.11×	7.02×	262.7%	24.5%	10.7%	2.8%	11.1%	3.6%	8.7%	1.99×	3.01×	2.68×	1.01×	4.9%	6	0.85	2	—