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What Are the Fundamentals Of TMUS?

Now trading at a price of $207.66, T-Mobile US has moved 0.2% so far today.

T-Mobile US returned losses of -15.3% last year, with its stock price reaching a high of $276.49 and a low of $199.41. Over the same period, the stock underperformed the S&P 500 index by -26.7%. AThe company's 50-day average price was $222.77. T-Mobile US, Inc., together with its subsidiaries, provides wireless communications services in the United States, Puerto Rico, and the United States Virgin Islands. Based in Bellevue, WA, the Large-Cap Telecommunications company has 70,000 full time employees. T-Mobile US has offered a 1.8% dividend yield over the last 12 months.

Generally Positive Cash Flows but Not Enough Current Assets to Cover Current Liabilities:

2019 2020 2021 2022 2023 2024
Revenue (M) $44,998 $68,397 $80,118 $79,571 $78,558 $81,400
Operating Margins 13% 10% 9% 8% 18% 22%
Net Margins 8% 4% 4% 3% 11% 14%
Net Income (M) $3,468 $3,064 $3,024 $2,590 $8,317 $11,339
Net Interest Expense (M) $727 $2,483 $3,189 -$3,364 -$3,335 -$3,411
Depreciation & Amort. (M) $6,616 $14,151 $16,383 $13,651 $12,818 $12,100
Diluted Shares (M) 864 1,252 1,255 1,255 1,200 1,173
Earnings Per Share $4.02 $2.65 $2.41 $2.06 $6.93 $9.66
EPS Growth n/a -34.08% -9.06% -14.52% 236.41% 39.39%
Avg. Price $75.39 $103.89 $130.23 $125.25 $160.33 $207.34
P/E Ratio 18.57 38.76 53.81 60.51 22.84 21.38
Free Cash Flow (M) $433 -$2,394 $1,591 $2,811 $8,758 $13,453
CAPEX (M) $6,391 $11,034 $12,326 $13,970 $9,801 $8,840
EV / EBITDA 7.13 7.43 9.95 11.09 9.93 10.73
Total Debt (M) $25,444 $75,704 $76,438 $71,960 $78,637 $82,333
Net Debt / EBITDA 1.94 3.14 3.0 3.34 2.71 2.55
Current Ratio 0.74 1.1 0.89 0.77 0.91 0.91

T-Mobile US has strong operating margins with a positive growth rate and generally positive cash flows. Additionally, the company's financial statements display growing revenues and a flat capital expenditure trend and a strong EPS growth trend. However, the firm has not enough current assets to cover current liabilities because its current ratio is 0.91. Finally, we note that T-Mobile US has significant leverage levels.

T-Mobile US's Valuation Is in Line With Its Sector Averages:

T-Mobile US has a trailing twelve month P/E ratio of 21.4, compared to an average of 18.22 for the Telecommunications sector. Based on its EPS guidance of $10.67, the company has a forward P/E ratio of 20.9. According to the 15.0% compound average growth rate of T-Mobile US's historical and projected earnings per share, the company's PEG ratio is 1.43. Taking the weighted average of the company's EPS CAGR and the broader market's 5-year projected EPS growth rate, we obtain a normalized growth rate of 11.7%. On this basis, the company's PEG ratio is 1.84. This suggests that these shares are overvalued. Furthermore, T-Mobile US is likely overvalued compared to the book value of its equity, since its P/B ratio of 3.84 is higher than the sector average of 1.86. The company's shares are currently trading 94.2% below their Graham number.

Analysts Give T-Mobile US an Average Rating of Buy:

The 25 analysts following T-Mobile US have set target prices ranging from $200.0 to $310.0 per share, for an average of $274.0 with a buy rating. The company is trading -24.2% away from its average target price, indicating that there is an analyst consensus of strong upside potential.

T-Mobile US has an average amount of shares sold short because 2.9% of the company's shares are sold short. Institutions own 41.2% of the company's shares, and the insider ownership rate stands at 56.47%, suggesting a large amount of insider shareholders. The largest shareholder is Softbank Group Corporation, whose 4% stake in the company is worth $9,380,985,012.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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