Telefónica S.A Net Assets

Latest as of September 2025: MX$21.34 Billion MXN ≈ $1.23 Billion USD

Telefónica S.A net assets. Based on the latest financial reports, Telefónica S.A (TEFN) has net assets worth MX$21.34 Billion MXN (≈ $1.23 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (MX$92.57 Billion ≈ $5.33 Billion USD) and total liabilities (MX$71.22 Billion ≈ $4.10 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. See Telefónica S.A (TEFN) balance sheet quality index to measure how much of total assets are equity-financed.

Key Net Assets Metrics

Metric	Value
Current Net Assets	MX$21.34 Billion
% of Total Assets	23.06%
Annual Growth Rate	-1.7%
5-Year Change	24.58%
10-Year Change	-10.56%
Growth Volatility	21.76

Net Assets of Telefónica S.A (2013–2024)

Net assets of Telefónica S.A from 2013 to 2024. This chart illustrates how Telefónica S.A's net assets have evolved over time, based on quarterly financial data. Also explore net asset growth rate of Telefónica S.A to track the company's year-over-year net asset growth rate.

Annual Net Assets for Telefónica S.A (2013–2024)

The table below shows the annual net assets of Telefónica S.A from 2013 to 2024. For live market cap and overall valuation, see TEFN market cap overview.

Year	Net Assets	Change
2024-12-31	MX$22.75 Billion ≈ $1.31 Billion	-16.04%
2023-12-31	MX$27.10 Billion ≈ $1.56 Billion	-14.55%
2022-12-31	MX$31.71 Billion ≈ $1.82 Billion	+10.54%
2021-12-31	MX$28.68 Billion ≈ $1.65 Billion	+57.09%
2020-12-31	MX$18.26 Billion ≈ $1.05 Billion	-28.25%
2019-12-31	MX$25.45 Billion ≈ $1.46 Billion	-5.67%
2018-12-31	MX$26.98 Billion ≈ $1.55 Billion	+1.36%
2017-12-31	MX$26.62 Billion ≈ $1.53 Billion	-6.23%
2016-12-31	MX$28.39 Billion ≈ $1.63 Billion	+11.59%
2015-12-31	MX$25.44 Billion ≈ $1.46 Billion	-16.11%
2014-12-31	MX$30.32 Billion ≈ $1.74 Billion	+10.33%
2013-12-31	MX$27.48 Billion ≈ $1.58 Billion	--

Equity Component Analysis

This analysis shows how different components contribute to Telefónica S.A'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 3.8% over the analyzed period, potentially due to dividend distributions or operating losses.

Telefónica S.A Net Assets Breakdown (December 2024)

Telefónica S.A net assets breakdown by equity component as of December 2024.

Component	Amount	Percentage
Retained Earnings	MX$22.61 Billion	116.86%
Total Equity	MX$19.35 Billion	100.00%

Telefónica S.A Competitors by Market Cap

The table below lists competitors of Telefónica S.A ranked by their market capitalization.

Company	Market Cap
HEXAGON AB ADR/1 F:HXGC	$24.56 Billion
Equity Residential NYSE:EQR	$24.61 Billion
Koninklijke Philips NV AS:PHIA	$24.62 Billion
ANTA Sports Products Limited F:AS7	$24.66 Billion
Dow Inc NYSE:DOW	$24.50 Billion
Church & Dwight Company Inc NYSE:CHD	$24.49 Billion
Nestle India Limited NSE:NESTLEIND	$24.47 Billion
CoreWeave, Inc. Class A Common Stock NASDAQ:CRWV	$24.45 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Telefónica S.A's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 21,852,000,000 to 19,347,000,000, a change of -2,505,000,000 (-11.5%).
Net loss of 49,000,000 reduced equity.
Dividend payments of 1,757,000,000 reduced retained earnings.
Share repurchases of 1,301,000,000 reduced equity.
Other factors increased equity by 602,000,000.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	MX$-49.00 Million	-0.25%
Dividends Paid	MX$1.76 Billion	-9.08%
Share Repurchases	MX$1.30 Billion	-6.72%
Other Changes	MX$602.00 Million	+3.11%
Total Change	MX$-	-11.46%

Book Value vs Market Value Analysis

This analysis compares Telefónica S.A'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: 22.07x
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 decreased from 23.22x to 22.07x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2017-12-31	MX$3.26	MX$75.67	x
2018-12-31	MX$3.46	MX$75.67	x
2019-12-31	MX$3.30	MX$75.67	x
2020-12-31	MX$2.03	MX$75.67	x
2021-12-31	MX$3.84	MX$75.67	x
2022-12-31	MX$4.34	MX$75.67	x
2023-12-31	MX$3.80	MX$75.67	x
2024-12-31	MX$3.43	MX$75.67	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Telefónica S.A 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): -0.25%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -0.12%
• Asset Turnover: 0.41x
• Equity Multiplier: 5.19x
Recent ROE (-0.25%) is below the historical average (12.58%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2013	21.68%	8.97%	0.43x	5.61x	MX$2.47 Billion
2014	14.20%	5.87%	0.42x	5.79x	MX$887.50 Million
2015	3.91%	1.10%	0.46x	7.63x	MX$-961.10 Million
2016	13.05%	4.55%	0.42x	6.81x	MX$553.30 Million
2017	18.51%	6.02%	0.45x	6.80x	MX$1.44 Billion
2018	18.56%	6.84%	0.43x	6.35x	MX$1.54 Billion
2019	6.67%	2.36%	0.41x	6.94x	MX$-569.80 Million
2020	14.08%	3.67%	0.41x	9.35x	MX$458.50 Million
2021	36.64%	20.72%	0.36x	4.92x	MX$5.92 Billion
2022	8.02%	5.03%	0.36x	4.37x	MX$-497.80 Million
2023	-4.08%	-2.19%	0.39x	4.77x	MX$-3.08 Billion
2024	-0.25%	-0.12%	0.41x	5.19x	MX$-1.98 Billion

Industry Comparison

This section compares Telefónica S.A's net assets metrics with peer companies in the Telecom Services industry.

Industry Context

Industry: Telecom Services
Average net assets among peers: $206,099,638,000
Average return on equity (ROE) among peers: 16.15%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Telefónica S.A (TEFN)	MX$21.34 Billion	21.68%	3.34x	$24.55 Billion
AMERICA MOVIL SAB DE CV (AMXB)	$457.64 Billion	42.05%	2.69x	$77.63 Billion
Grupo Televisa S.A.B (TLEVISACPO)	$99.66 Billion	4.54%	1.98x	$1.29 Billion
Vodafone Group Plc (VODN)	$61.00 Billion	1.87%	1.37x	$34.39 Billion

About Telefónica S.A

MX:TEFN Mexico Telecom Services

Market Cap

$24.55 Billion

MX$426.62 Billion MXN

Market Cap Rank

#1077 Global

#27 in Mexico

Share Price

MX$75.67

Change (1 day)

+0.00%

52-Week Range

MX$75.67 - MX$77.10

All Time High

MX$164.04