TELEPHONE & DATA SYSTEMS INC /DE/ (TDS)
Telephone Communications (No Radiotelephone)
Latest Price
$37.83
TTM P/E
12.61
Normalized P/E
--
Div Yield
0.42%
Book Value
35.78
P/B Ratio
1.06
Valuation metrics
adjust assumptions →Norm. op. income: $122M (median of 7yr)
Tax rate: 23%
Discount rate: 10%
Growth assumption: zero (EPV is a no-growth value)
Earnings Power Value
$7.79
79% downside
Base FCF: $230M (median of recent 5yr)
Growth: 5%/yr (median YOY, capped at 25%)
Discount rate: 10%
Terminal growth: 3%
Projection horizon: 10 years
DCF Fair Value
$33.99
10% downside
Institutional Ownership
89.0% held by institutions| Institution | Shares | Value | Ownership % | Change | Filing Date |
|---|---|---|---|---|---|
| BlackRock, Inc. | 15.77M | $583.0M | 13.70% | +845.9K | 2026-06-30 |
| DIMENSIONAL FUND ADVISORS LP | 6.34M | $234.0M | 5.51% | -139.4K | 2026-06-30 |
| Third Point LLC | 6.28M | $232.0M | 5.45% | -325.0K | 2026-06-30 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 5.79M | $214.0M | 5.03% | -465.5K | 2026-06-30 |
| CARRONADE CAPITAL MANAGEMENT, LP | 5.32M | $196.0M | 4.62% | +695.2K | 2026-06-30 |
| OAKTREE CAPITAL MANAGEMENT LP | 5.28M | $195.0M | 4.59% | +990.7K | 2026-06-30 |
| AMERICAN CENTURY COMPANIES INC | 4.72M | $174.0M | 4.10% | +1.03M | 2026-06-30 |
| STATE STREET CORP | 4.43M | $163.0M | 3.85% | +239.1K | 2026-06-30 |
| VANGUARD CAPITAL MANAGEMENT LLC | 4.15M | $153.0M | 3.61% | -150.7K | 2026-06-30 |
| GEODE CAPITAL MANAGEMENT, LLC | 2.85M | $105.0M | 2.47% | +443.1K | 2026-06-30 |