TELECOM ITAL.RISP. ADR/10 (TQI1) - Net Assets
Based on the latest financial reports, TELECOM ITAL.RISP. ADR/10 (TQI1) has net assets worth €13.46 Billion EUR (≈ $15.73 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€36.73 Billion ≈ $42.95 Billion USD) and total liabilities (€23.28 Billion ≈ $27.22 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore TELECOM ITAL.RISP. ADR/10 asset portfolio for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €13.46 Billion |
| % of Total Assets | 36.63% |
| Annual Growth Rate | -11.61% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 9.15 |
TELECOM ITAL.RISP. ADR/10 - Net Assets Trend (2021–2025)
This chart illustrates how TELECOM ITAL.RISP. ADR/10's net assets have evolved over time, based on quarterly financial data. Check how tangible is TELECOM ITAL.RISP. ADR/10's equity to evaluate the tangible quality of the company's equity base.
Annual Net Assets for TELECOM ITAL.RISP. ADR/10 (2021–2025)
The table below shows the annual net assets of TELECOM ITAL.RISP. ADR/10 from 2021 to 2025. For live valuation and market cap data, see market value of TELECOM ITAL.RISP. ADR/10.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €13.46 Billion ≈ $15.73 Billion |
+0.70% |
| 2024-12-31 | €13.36 Billion ≈ $15.62 Billion |
-23.71% |
| 2023-12-31 | €17.51 Billion ≈ $20.47 Billion |
-6.47% |
| 2022-12-31 | €18.73 Billion ≈ $21.89 Billion |
-15.04% |
| 2021-12-31 | €22.04 Billion ≈ $25.77 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to TELECOM ITAL.RISP. ADR/10's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €12.22 Billion | 100.00% |
| Total Equity | €12.22 Billion | 100.00% |
TELECOM ITAL.RISP. ADR/10 Competitors by Market Cap
The table below lists competitors of TELECOM ITAL.RISP. ADR/10 ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hangzhou Tigermed Consulting
SHE:300347
|
$5.32 Billion |
|
Kiwoom
KO:039490
|
$5.32 Billion |
|
Qingdao TGOOD Electric Co Ltd
SHE:300001
|
$5.33 Billion |
|
CCR S.A
SA:CCRO3
|
$5.33 Billion |
|
United Plantations Bhd
KLSE:2089
|
$5.32 Billion |
|
Plexus Corp
NASDAQ:PLXS
|
$5.32 Billion |
|
H Lundbeck A/S
CO:HLUN-B
|
$5.31 Billion |
|
Grupo Catalana Occidente
MC:GCO
|
$5.31 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TELECOM ITAL.RISP. ADR/10's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 11,957,000,000 to 12,219,000,000, a change of 262,000,000 (2.2%).
- Net income of 297,000,000 contributed positively to equity growth.
- Dividend payments of 273,000,000 reduced retained earnings.
- Other factors increased equity by 238,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €297.00 Million | +2.43% |
| Dividends Paid | €273.00 Million | -2.23% |
| Other Changes | €238.00 Million | +1.95% |
| Total Change | €- | 2.19% |
Book Value vs Market Value Analysis
This analysis compares TELECOM ITAL.RISP. ADR/10's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 13.14x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 9.21x to 13.14x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | €0.82 | €7.55 | x |
| 2022-12-31 | €0.71 | €7.55 | x |
| 2023-12-31 | €0.64 | €7.55 | x |
| 2024-12-31 | €0.56 | €7.55 | x |
| 2025-12-31 | €0.57 | €7.55 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TELECOM ITAL.RISP. ADR/10 utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 2.43%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.16%
- • Asset Turnover: 0.37x
- • Equity Multiplier: 3.01x
- Recent ROE (2.43%) is above the historical average (-16.47%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -49.68% | -56.49% | 0.22x | 3.97x | €-10.39 Billion |
| 2022 | -19.42% | -18.53% | 0.25x | 4.12x | €-4.43 Billion |
| 2023 | -10.56% | -10.07% | 0.23x | 4.56x | €-2.81 Billion |
| 2024 | -5.10% | -4.47% | 0.36x | 3.15x | €-1.81 Billion |
| 2025 | 2.43% | 2.16% | 0.37x | 3.01x | €-924.90 Million |
Industry Comparison
This section compares TELECOM ITAL.RISP. ADR/10's net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $424,181,320,738
- Average return on equity (ROE) among peers: -9.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TELECOM ITAL.RISP. ADR/10 (TQI1) | €13.46 Billion | -49.68% | 1.73x | $5.32 Billion |
| LIBERTY LAT.AMER.A DL-01 (1LL) | $1.06 Billion | -57.47% | 10.50x | $284.24 Million |
| LIBERTY LAT.AMER.C DL-01 (1LLC) | $1.06 Billion | -57.47% | 10.50x | $1.18 Billion |
| 1&1 AG (1U1) | $331.14 Million | 15.12% | 0.44x | $4.23 Billion |
| CHINA TOWER UNSP.ADR/100 (2Y10) | $197.69 Billion | 4.93% | 0.65x | $5.02 Billion |
| SOFTBANK CORP. ADR (3AG0) | $3.94 Trillion | 12.43% | 2.94x | $52.06 Billion |
| TELSTRA GROUP LTD SP.ADR (5KB) | $17.35 Billion | 9.35% | 1.63x | $37.53 Billion |
| VODACOM GROUP LTD. SP.ADR (5VD0) | $85.47 Billion | 20.08% | 1.08x | $15.26 Billion |
| EuroTeleSites AG (7YF) | $413.94 Million | 8.07% | 4.07x | $762.51 Million |
| Swissnet AG (81D) | $7.12 Million | -60.93% | 1.71x | $17.06 Million |
| AIRTEL AFRICA UNSP.ADR/10 (9AA0) | $2.77 Billion | 7.93% | 3.33x | $16.88 Billion |
About TELECOM ITAL.RISP. ADR/10
Telecom Italia S.p.A., together with its subsidiaries, engages in the fixed and mobile telecommunications services in Italy and internationally. The company operates through Domestic, Brazil, and Other Operations segments. It offers telephone and public telephony services, as well as products managed and developed for individuals and families; voice, data, and Internet services and products; and … Read more