Telefonica O2 CR - Price To Book Value

Telcos & Hi-Tech | Czech Republic | March 3, 2014
Excel Sheet

From trading at nearly six-times its book value in 2000, Telefónica Czech Republic stock traded at 1.6x its book at the end of 2012. Market saturation, increased regulatory pressure and fall in margin are all reasons for the revaluation of the stock. Return on equity of the Company has dropped to only around 10% in 2012, a third of the level seen a decade ago