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Telephone and Data Systems, Inc. (TDS-PU)

New York Stock Exchange Communication Services Telecommunications ServicesView data quality →
46.4Fair

ValueMarkers Composite Index

Top 19%#36,384 of 44,714

DCF data not available

Piotroski
5/9
Neutral
Beneish
-10.00
Low Risk
Altman
0.97
Distress
DCF Value
-
N/A
ROIC
0.2%
Low
P/E
-
Updated: ·Source: Data sourced from SEC filings and institutional providers. Not financial advice.·Report data issue

Telephone and Data Systems, Inc. (TDS-PU) — VMCI valuation read

Headline read on TDS-PU: VMCI of 46/100 versus a Communication Services sector median of 50. The 4-point below-median position is what makes Telephone and Data Systems, Inc. a relative-value laggard in the mid-cap cohort, before any pillar-level review.

Form 4 filings on TDS-PU: zero in the trailing 30 days. The absence of insider transactions is itself a data point, just a low-information one. The thesis runs on financials and price action until that changes.

**Investor frame.** Three reads on TDS-PU: value (TDS-PU trades at 21.0x earnings, 17% above the Communication Services median of 18.0x), quality (ROIC of 15.0% sits 5.0pp above the Communication Services median (10.0%)), and risk (net debt to EBITDA of 3.1x is the binding constraint on the bear case). The value read also implies an EV/EBITDA gap of +4.0x against the Communication Services 12.0x baseline.

TDS-PU rose 2.4% over the trailing 7 days, with a -17.8% read on a 30-day basis.

Telephone and Data Systems, Inc., a telecommunications company, provides communications services in the United States. It operates through two segments: UScellular and TDS Telecom. The company offers wireless solutions to consumers and business and government customers, including a suite of connected Internet of things (IoT) solutions, and software applications for monitor and control, business automation/operations, communication, fleet and asset management, smart water solutions, private cellular networks and custom, and end-to-end IoT solutions; wireless priority services and quality priority and preemption options; smartphones and other handsets, tablets, wearables, mobile hotspots, routers, and IoT devices; and accessories, such as cases, screen protectors, chargers, and memory cards, as well as consumer electronics, including audio, home automation and networking products. It also provides replace and repair services; Trade-In program through which it buys customers' used equipment; internet connections and all-home WI-FI services; TDS TV+, an integrated cloud television platform that offers video content; local and long-distance telephone service, VoIP, and enhanced services; and broadband, IP-based services, and hosted voice and video collaboration services. The company sells its products through retail sales, direct and indirect sales, third-party retailers, and independent agents, as well as through ecommerce and telesales. As of December 31, 2021, it offers its services to customers 5 million wireless connections, and 1.2 million wireline and cable connections. The company was incorporated in 1968 and is headquartered in Chicago, Illinois.

CEO: Walter Carlson7,900 employeesUSwww.tdsinc.com

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