Stock Analysis on Net

T-Mobile US Inc. (NASDAQ:TMUS)

Price to FCFE (P/FCFE)

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Free Cash Flow to Equity (FCFE)

T-Mobile US Inc., FCFE calculation

US$ in millions

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12 months ended: Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Net income 11,339 8,317 2,590 3,024 3,064
Net noncash charges 17,963 17,300 17,246 18,007 17,461
Changes in operating assets and liabilities (7,009) (7,058) (3,055) (7,114) (11,885)
Net cash provided by operating activities 22,293 18,559 16,781 13,917 8,640
Purchases of property and equipment, including capitalized interest (8,840) (9,801) (13,970) (12,326) (11,034)
Purchases of spectrum licenses and other intangible assets, including deposits (3,471) (1,010) (3,331) (9,366) (1,333)
Proceeds from issuance of long-term debt 8,587 8,446 3,714 14,727 35,337
Payments of consent fees related to long-term debt (109)
Repayments of financing lease obligations (1,367) (1,227) (1,239) (1,111) (1,021)
Repayments of short-term debt for purchases of inventory, property and equipment and other financial liabilities (184) (481)
Repayments of long-term debt (5,073) (5,051) (5,556) (11,100) (20,416)
Proceeds from issuance of short-term debt 18,743
Repayments of short-term debt (18,929)
Cash payments for debt prepayment or debt extinguishment costs (116) (82)
Free cash flow to equity (FCFE) 12,129 9,916 (3,601) (5,559) 9,315

Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).

Item Description The company
FCFE Free cash flow to equity is the cash flow available to T-Mobile US Inc. equity holders after all operating expenses, interest, and principal payments have been paid and necessary investments in working and fixed capital have been made. T-Mobile US Inc. FCFE increased from 2022 to 2023 and from 2023 to 2024.

Price to FCFE Ratio, Current

T-Mobile US Inc., current P/FCFE calculation, comparison to benchmarks

Microsoft Excel
No. shares of common stock outstanding 1,141,744,952
Selected Financial Data (US$)
Free cash flow to equity (FCFE) (in millions) 12,129
FCFE per share 10.62
Current share price (P) 268.54
Valuation Ratio
P/FCFE 25.28
Benchmarks
P/FCFE, Competitors1
AT&T Inc. 32.79
Verizon Communications Inc. 13.76
P/FCFE, Sector
Telecommunication Services 21.77
P/FCFE, Industry
Communication Services 24.28

Based on: 10-K (reporting date: 2024-12-31).

1 Click competitor name to see calculations.

If the company P/FCFE is lower then the P/FCFE of benchmark then company is relatively undervalued.
Otherwise, if the company P/FCFE is higher then the P/FCFE of benchmark then company is relatively overvalued.


Price to FCFE Ratio, Historical

T-Mobile US Inc., historical P/FCFE calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
No. shares of common stock outstanding1 1,141,744,952 1,186,867,575 1,219,383,110 1,249,289,954 1,242,804,085
Selected Financial Data (US$)
Free cash flow to equity (FCFE) (in millions)2 12,129 9,916 (3,601) (5,559) 9,315
FCFE per share3 10.62 8.35 -2.95 -4.45 7.50
Share price1, 4 232.97 161.78 147.49 124.48 119.22
Valuation Ratio
P/FCFE5 21.93 19.36 15.91
Benchmarks
P/FCFE, Competitors6
AT&T Inc. 29.20 6.16 3.57 10.51
Verizon Communications Inc. 12.29 15.64 11.68 6.75
P/FCFE, Sector
Telecommunication Services 19.18 11.95 16.08 9.24
P/FCFE, Industry
Communication Services 27.40 21.97 31.82 26.52 20.51

Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).

1 Data adjusted for splits and stock dividends.

2 See details »

3 2024 Calculation
FCFE per share = FCFE ÷ No. shares of common stock outstanding
= 12,129,000,000 ÷ 1,141,744,952 = 10.62

4 Closing price as at the filing date of T-Mobile US Inc. Annual Report.

5 2024 Calculation
P/FCFE = Share price ÷ FCFE per share
= 232.97 ÷ 10.62 = 21.93

6 Click competitor name to see calculations.