Telecom Italia S.p.A
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
Telecom Italia S.p.A (TIAIY) - Net Assets
Latest net assets as of September 2025: $13.35 Billion USD
Based on the latest financial reports, Telecom Italia S.p.A (TIAIY) has net assets worth $13.35 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 ($36.81 Billion) and total liabilities ($23.46 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $13.35 Billion |
| % of Total Assets | 36.26% |
| Annual Growth Rate | -1.55% |
| 5-Year Change | -53.67% |
| 10-Year Change | -37.37% |
| Growth Volatility | 20.95 |
Telecom Italia S.p.A - Net Assets Trend (1999–2024)
This chart illustrates how Telecom Italia S.p.A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Telecom Italia S.p.A (1999–2024)
The table below shows the annual net assets of Telecom Italia S.p.A from 1999 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $13.36 Billion | -23.71% |
| 2023-12-31 | $17.51 Billion | -6.47% |
| 2022-12-31 | $18.73 Billion | -15.04% |
| 2021-12-31 | $22.04 Billion | -23.58% |
| 2020-12-31 | $28.84 Billion | +27.46% |
| 2019-12-31 | $22.63 Billion | +4.04% |
| 2018-12-31 | $21.75 Billion | -8.56% |
| 2017-12-31 | $23.78 Billion | +0.98% |
| 2016-12-31 | $23.55 Billion | +10.41% |
| 2015-12-31 | $21.33 Billion | -1.69% |
| 2014-12-31 | $21.70 Billion | +7.50% |
| 2013-12-31 | $20.19 Billion | -12.28% |
| 2012-12-31 | $23.01 Billion | -13.80% |
| 2011-12-31 | $26.70 Billion | -18.14% |
| 2010-12-31 | $32.61 Billion | +20.24% |
| 2009-12-31 | $27.12 Billion | +0.98% |
| 2008-12-31 | $26.86 Billion | -0.48% |
| 2007-12-31 | $26.98 Billion | -0.42% |
| 2006-12-31 | $27.10 Billion | +0.49% |
| 2005-12-31 | $26.96 Billion | +35.87% |
| 2004-12-31 | $19.85 Billion | -3.44% |
| 2003-12-31 | $20.55 Billion | +60.09% |
| 2002-12-31 | $12.84 Billion | -33.63% |
| 2001-12-31 | $19.34 Billion | -24.38% |
| 2000-12-31 | $25.58 Billion | +29.44% |
| 1999-12-31 | $19.76 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Telecom Italia S.p.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 105.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $11.68 Billion | 97.66% |
| Other Comprehensive Income | $943.00 Million | 7.89% |
| Total Equity | $11.96 Billion | 100.00% |
Telecom Italia S.p.A Competitors by Market Cap
The table below lists competitors of Telecom Italia S.p.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
JAPAN POST BANK Co.Ltd
PINK:JPSTF
|
$19.10 Billion |
|
Asia Vital Components Co Ltd
TW:3017
|
$19.15 Billion |
|
NTPC Limited
NSE:NTPC
|
$19.17 Billion |
|
CyberArk Software Ltd
NASDAQ:CYBR
|
$19.18 Billion |
|
Publicis Groupe S.A
OTCQX:PGPEF
|
$19.01 Billion |
|
Alamos Gold Inc
NYSE:AGI
|
$19.00 Billion |
|
Mitsubishi Estate Co. Ltd
PINK:MITEF
|
$18.99 Billion |
|
Packaging Corp of America
NYSE:PKG
|
$18.97 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Telecom Italia S.p.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 13,646,000,000 to 11,957,000,000, a change of -1,689,000,000 (-12.4%).
- Net loss of 610,000,000 reduced equity.
- Dividend payments of 159,000,000 reduced retained earnings.
- Other comprehensive income increased equity by 3,083,000,000.
- Other factors decreased equity by 4,003,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-610.00 Million | -5.1% |
| Dividends Paid | $159.00 Million | -1.33% |
| Other Comprehensive Income | $3.08 Billion | +25.78% |
| Other Changes | $-4.00 Billion | -33.48% |
| Total Change | $- | -12.38% |
Book Value vs Market Value Analysis
This analysis compares Telecom Italia S.p.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: 0.69x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.37x to 0.69x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1999-12-31 | $10.64 | $3.90 | x |
| 2000-12-31 | $3.76 | $3.90 | x |
| 2001-12-31 | $4.03 | $3.90 | x |
| 2002-12-31 | $2.69 | $3.90 | x |
| 2003-12-31 | $10.04 | $3.90 | x |
| 2004-12-31 | $9.47 | $3.90 | x |
| 2005-12-31 | $13.30 | $3.90 | x |
| 2006-12-31 | $13.49 | $3.90 | x |
| 2007-12-31 | $13.44 | $3.90 | x |
| 2008-12-31 | $13.55 | $3.90 | x |
| 2009-12-31 | $13.37 | $3.90 | x |
| 2010-12-31 | $14.96 | $3.90 | x |
| 2011-12-31 | $11.81 | $3.90 | x |
| 2012-12-31 | $10.04 | $3.90 | x |
| 2013-12-31 | $8.71 | $3.90 | x |
| 2014-12-31 | $8.69 | $3.90 | x |
| 2015-12-31 | $8.42 | $3.90 | x |
| 2016-12-31 | $9.56 | $3.90 | x |
| 2017-12-31 | $9.72 | $3.90 | x |
| 2018-12-31 | $9.27 | $3.90 | x |
| 2019-12-31 | $9.15 | $3.90 | x |
| 2020-12-31 | $11.83 | $3.90 | x |
| 2021-12-31 | $8.21 | $3.90 | x |
| 2022-12-31 | $7.09 | $3.90 | x |
| 2023-12-31 | $6.42 | $3.90 | x |
| 2024-12-31 | $5.63 | $3.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Telecom Italia S.p.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): -5.10%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.22%
- • Asset Turnover: 0.38x
- • Equity Multiplier: 3.15x
- Recent ROE (-5.10%) is below the historical average (0.29%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | 10.19% | 6.29% | 0.60x | 2.70x | $32.80 Million |
| 2000 | 10.78% | 6.91% | 0.45x | 3.48x | $146.29 Million |
| 2001 | -15.29% | -6.62% | 0.50x | 4.63x | $-3.43 Billion |
| 2002 | -3.56% | -1.04% | 0.58x | 5.83x | $-1.23 Billion |
| 2003 | 7.41% | 3.82% | 0.39x | 5.00x | $-416.15 Million |
| 2004 | 5.15% | 2.48% | 0.41x | 5.05x | $-735.61 Million |
| 2005 | 12.53% | 10.51% | 0.32x | 3.74x | $649.19 Million |
| 2006 | 11.58% | 9.45% | 0.36x | 3.44x | $412.20 Million |
| 2007 | 9.44% | 7.72% | 0.36x | 3.37x | $-144.20 Million |
| 2008 | 8.47% | 7.26% | 0.36x | 3.28x | $-398.60 Million |
| 2009 | 6.09% | 5.76% | 0.32x | 3.32x | $-1.01 Billion |
| 2010 | 12.19% | 18.30% | 0.22x | 3.09x | $631.10 Million |
| 2011 | -20.74% | -15.62% | 0.36x | 3.68x | $-7.01 Billion |
| 2012 | -8.40% | -5.51% | 0.38x | 4.00x | $-3.56 Billion |
| 2013 | -3.95% | -2.88% | 0.33x | 4.12x | $-2.38 Billion |
| 2014 | 7.44% | 6.26% | 0.30x | 3.94x | $-464.50 Million |
| 2015 | -0.41% | -0.37% | 0.28x | 4.04x | $-1.83 Billion |
| 2016 | 8.53% | 9.50% | 0.27x | 3.32x | $-312.70 Million |
| 2017 | 5.20% | 5.65% | 0.29x | 3.19x | $-1.03 Billion |
| 2018 | -7.23% | -7.45% | 0.29x | 3.36x | $-3.36 Billion |
| 2019 | 6.05% | 6.82% | 0.26x | 3.46x | $-802.00 Million |
| 2020 | 27.56% | 45.71% | 0.22x | 2.79x | $4.60 Billion |
| 2021 | -48.24% | -54.84% | 0.22x | 3.97x | $-10.14 Billion |
| 2022 | -17.62% | -16.81% | 0.25x | 4.12x | $-4.16 Billion |
| 2023 | -10.56% | -8.84% | 0.26x | 4.56x | $-2.81 Billion |
| 2024 | -5.10% | -4.22% | 0.38x | 3.15x | $-1.81 Billion |
Industry Comparison
This section compares Telecom Italia S.p.A's net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $44,462,353,944
- Average return on equity (ROE) among peers: -3489.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Telecom Italia S.p.A (TIAIY) | $13.35 Billion | 10.19% | 1.76x | $19.04 Billion |
| Airtel Africa Plc (AARTY) | $2.77 Billion | 7.93% | 3.33x | $6.92 Billion |
| Airborne Wireless Network (ABWN) | $106.58K | -34635.01% | 3.96x | $437.69K |
| Access-Power & Co. Inc (ACCR) | $753.00 | -0.13% | 3.17x | $572.84K |
| Array Digital Infrastructure, Inc. (AD) | $3.69 Billion | 0.33% | 0.85x | $745.85 Million |
| Alvarion Ltd (ALVRQ) | $122.09 Million | -80.66% | 0.76x | $0.97 |
| América Móvil, S.A.B. de C.V. (AMXOF) | $437.83 Billion | 17.39% | 2.70x | $12.75 Billion |
| Alpha One Inc (AOAO) | $27.96 Million | -1.08% | 0.50x | $11.15 Million |
| American Nortel Communications Inc (ARTM) | $333.42K | -8.16% | 0.37x | $213.62 |
| Vapor Hub International Inc. (ASHI) | $15.12K | -175.34% | 0.19x | $5.26K |
| Anterix Inc (ATEX) | $180.76 Million | -23.23% | 0.09x | $481.87 Million |