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)
TIT.MIthis companyTelecom Italia S.p.A.	€5.71	36.71×	0.89×	0.8×	7.71×	-235.9%	100.0%	11.4%	2.2%	2.4%	4.5%	7.9%	1.13×	3.99×	0×	0.77×	2.5%	6	0.77	2	C
CVG.MIConvergenze S.p.A. Società Benefit	€1.63	26.41×	1.89×	0.51×	5.29×	-409.1%	40.1%	4.7%	1.9%	7.2%	3.9%	1.2%	0.77×	1.42×	2.38×	1.02×	1.1%	6	1.88	2	B-
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+
HTO.ATHellenic Telecommunications Organization S.A.	€18.70	9.31×	3.21×	1.95×	3.5×	172.0%	51.1%	43.5%	21.0%	34.4%	39.5%	8.5%	0.5×	0.26×	62.6×	0.65×	5.0%	6	2.54	4	A-
ITD.MIIntred S.p.A.	€8.70	19.23×	2.35×	2.86×	7.94×	-193.3%	37.2%	22.5%	14.9%	12.2%	7.1%	-2.6%	0.69×	1.66×	6.99×	0.34×	1.0%	6	1.26	3	B-
TEF.MCTelefónica, 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
Peer median	—	14.04×	2.17×	1.13×	5.37×	172.0%	37.2%	22.5%	8.1%	12.2%	7.1%	8.5%	0.77×	1.66×	4.11×	0.89×	4.8%	6	1.26	3	—