Sunday 11 October 2026 Export all TIMB data to Excel Powerpack

TIM S.A. Sponsored ADR

TIMB Communication Services Telecom Services

TIM S.A. Sponsored ADR’s revenue for fiscal 2025 (year ended December 2025) was $4.8 billion, up 1.07% from fiscal 2024. In the quarter to June 2026, revenue grew 18.3%, EPS grew 14.3%, free cash flow grew 17.8% and total debt rose 13.6%, each against the same quarter a year earlier.

17.98 0.72 −3.85%

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Market cap: $8.9B
P/E: 10.6×
Fwd P/E: 13.4×
Dividend yield: 4.67%
F-score: 7/9
Altman Z: 2.00
Beneish M: −3.27
Dividend safety: 34/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 0.30

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	1	—	1	1	—	—	—	—

Insider Ownership 0.00%

Capital & Financial Ratios $m

Market Cap 8,930.00

Revenue 5,183.16

Net Income 905.98

Free Cash Flow 1,712.06

Net Debt 1,966.12

Current Ratio 0.85

Debt/Equity 0.59

P/E ratio 10.58

Fwd P/E 13.40

P/S ratio 1.64

P/B ratio 1.72

Past 5Y EPS Growth 16.77%

This Y EPS Growth 1.07%

Next Y EPS Growth 16.91%

Next Y revenue growth (51.27%)

Next 5Y EPS Growth 9.25%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 17.02%

10-year low 10-year high

P/S against its own 10 years 47.23%

10-year low 10-year high

P/B against its own 10 years 82.42%

10-year low 10-year high

EV/Sales against its own 10 years 51.70%

10-year low 10-year high

EV/FCF against its own 10 years 16.68%

10-year low 10-year high

Dividends

Payout Ratio 0.50

Annual Dividend Rate 0.84

Annual Dividend Yield 4.67%

	total	individual payouts
2025	1.52	0.07 0.20 0.25 0.11 0.12 0.19 0.84
2024	0.52	0.08 0.17 0.11 0.11 0.23
2023	0.57	0.25 0.09 0.12 0.17 0.27
2022	0.36	0.08 0.10 0.09 0.18
2021	0.35	0.14 0.05 0.21
2020	0.35	0.13 0.19 0.22
2019	0.39	0.20 0.19
2018	0.06	0.06 0.13
2017	0.22	0.10 0.12
2016	0.28	0.28

special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	1,069	1,126	1,135	968
Receivables	759	874	878	981
Inventory	66	54	64	85
Other	342	241	276	291
	2,284	2,348	2,411	2,453

	2023	2024	2025	Q'26
Payables	924	925	920	958
ST’ Debt	254	65	166	219
Other	985	1,035	1,285	1,337
	2,580	2,378	2,723	2,889

Compound Annual Growth %

	10y	5y	3y
Sales	(0.92%)	7.32%	4.57%
Cash Flow	6.30%	7.42%	9.64%
Earnings	2.02%	16.84%	33.63%
Book Value	(1.84%)	(0.92%)	(4.43%)

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	1,292	1,378	—	—	—
’25	1,091	1,165	1,232	1,280	4,768
’24	1,231	1,208	1,157	1,122	4,718
’23	1,086	1,184	1,240	1,264	4,774
’22	905	1,091	1,071	1,104	4,171
’21	794	832	864	856	3,346
’20	952	744	816	838	3,350

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	506	638	—	—	—
’25	426	539	719	724	2,407
’24	332	498	578	878	2,286
’23	380	445	725	937	2,488
’22	214	284	632	696	1,826
’21	357	433	542	536	1,867
’20	110	410	406	757	1,683

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	249	442	—	—	—
’25	197	375	524	497	1,594
’24	59	335	442	607	1,443
’23	132	246	514	693	1,586
’22	(40)	56	475	419	910
’21	114	254	364	156	888
’20	(94)	320	249	454	928

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.32	0.40	—	—	—
’25	0.28	0.35	0.46	0.51	1.59
’24	0.21	0.31	0.29	0.37	1.21
’23	0.16	0.26	0.31	0.45	1.17
’22	0.16	0.12	0.15	0.21	0.67
’21	0.10	0.26	0.40	0.38	1.13
’20	0.08	0.10	0.34	0.05	0.73

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	7.08	12.07	13.82	12.79	9.92	9.81	10.71	10.20	11.56	11.32	Analyst estimates 2026–2028 Powerpack
	High	14.31	19.64	23.12	19.38	20.32	14.27	15.61	18.94	19.14	23.88
People
People	Employees	9,863	9,574	9,661	9,700	9,421	9,337	9,406	9,275	9,127	8,706
	Revenue/emp, $m	0.45	0.53	0.48	0.45	0.36	0.36	0.44	0.51	0.52	0.55
Income, $m
Income, $m	Revenue	4,478	5,084	4,646	4,403	3,350	3,346	4,171	4,774	4,718	4,768
	Gross margin, %	50.74	52.32	54.65	57.22	53.69	53.25	50.51	51.76	53.26	53.93
	EBT	291	450	514	1,149	387	575	333	638	672	817
	EBT margin, %	6.49	8.84	11.07	26.10	11.54	17.18	7.99	13.36	14.23	17.13
	Net income	291	450	514	1,149	387	575	333	638	672	817
	Depreciation	1,085	1,257	1,082	1,300	1,072	1,055	1,322	1,426	1,303	1,268
Per share, $
Per share, $	Revenue	9.25	10.51	9.60	9.10	6.92	6.91	8.62	9.86	9.75	9.88
	Earnings	0.45	0.80	1.37	1.82	0.73	1.13	0.67	1.17	1.21	1.60
	Cash flow	2.96	3.50	3.46	3.70	3.48	3.86	3.77	5.14	4.72	4.99
	Capex	(2.59)	(2.68)	(2.17)	(2.02)	(1.56)	(2.02)	(1.89)	(1.86)	(1.74)	(1.68)
	Free cash flow	0.37	0.82	1.30	1.68	1.92	1.84	1.88	3.28	2.98	3.30
	Book value	10.18	11.75	11.19	11.74	9.29	9.61	10.16	10.76	10.12	8.90
	Shares, m	484	484	484	484	484	484	484	484	484	483
Valuation, ×
Valuation, ×	P/E	26.74	25.44	11.04	10.56	24.64	10.21	16.73	15.33	9.97	12.08
	P/S	1.33	1.91	1.60	2.10	2.01	1.68	1.24	1.83	1.21	1.97
	P/B	1.21	1.71	1.37	1.63	1.50	1.21	1.05	1.68	1.16	2.19
	EV/Sales	1.50	2.07	1.69	2.45	2.29	1.78	1.73	2.21	1.52	2.29
	EV/FCF	37.69	26.52	12.46	13.23	8.26	6.70	7.94	6.65	4.96	6.85
Cash, $m
Cash, $m	Operating cash flow	1,431	1,693	1,677	1,790	1,683	1,867	1,826	2,488	2,286	2,407
	Capex	(1,253)	(1,295)	(1,048)	(976)	(755)	(979)	(916)	(902)	(844)	(813)
	Free cash flow	179	398	629	814	928	888	910	1,586	1,443	1,594
Balance, $m
Balance, $m	Working capital	810	120	(295)	85	409	887	(533)	(296)	(30)	(311)
	Total debt	2,416	2,005	930	2,265	1,876	2,157	3,011	2,848	2,592	2,658
	Net debt	784	821	407	1,516	924	317	2,047	1,779	1,466	1,523
	Shareholders’ equity	4,928	5,685	5,416	5,684	4,497	4,652	4,919	5,211	4,895	4,294
Returns, %
Returns, %	ROA	2.07	3.84	7.35	9.68	3.88	6.33	3.21	5.17	5.44	7.48
	ROIC	4.47	5.82	7.10	9.93	6.27	8.75	5.49	8.45	10.03	12.21
	ROE	4.26	7.29	12.55	16.54	6.97	11.98	6.76	11.22	11.57	16.81

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
TIGO Millicom International Cellular SA	$14.7B	20.1×	23.8×	+59.40% (above 0%: growing)	−83.95% (below 0%: shrinking)	+66.11% (above 0%: growing)	75.26%	21.20%	Compare
SKM SK Telecom Co., Ltd.	$12.9B	27.3×	—	+0.47% (above 0%: growing)	+406.25% (above 0%: growing)	−29.63% (below 0%: shrinking)	89.10%	12.99%	Compare
TLK PT Telekomunikasi Indonesia, Tbk	$12.7B	9.4×	—	−8.61% (below 0%: shrinking)	+5,809.09% (above 0%: growing)	+3.00% (above 0%: growing)	100.00%	24.01%	Compare
GSAT Globalstar, Inc.	$10.8B	— (loss-making)	— (loss-making)	−3.54% (below 0%: shrinking)	n/m	−20.48% (below 0%: shrinking)	58.32%	(7.37%)	Compare
TIMB TIM S.A. Sponsored ADR	$8.9B	10.6×	13.4×	+18.33% (above 0%: growing)	+14.29% (above 0%: growing)	+17.75% (above 0%: growing)	55.35%	24.42%
KT KT Corporation	$8.9B	9.8×	—	−10.06% (below 0%: shrinking)	−39.60% (below 0%: shrinking)	−46.85% (below 0%: shrinking)	9.71%	9.71%	Compare
LBTYB Liberty Global Ltd	$7.1B	— (loss-making)	—	−7.65% (below 0%: shrinking)	n/m	+429.69% (above 0%: growing)	50.62%	0.26%	Compare
LUMN Lumen Technologies, Inc.	$5.7B	— (loss-making)	— (loss-making)	−9.28% (below 0%: shrinking)	n/m	+124.34% (above 0%: growing)	49.55%	(3.14%)	Compare
IRDM Iridium Communications Inc	$5.0B	53.9×	42.9×	+3.84% (above 0%: growing)	−55.00% (below 0%: shrinking)	−15.24% (below 0%: shrinking)	71.23%	15.10%	Compare
Median of peers	$9.8B	20.1×	—	−5.59%	−39.60%	−6.12%	64.78%	11.35%

All 55 Telecom Services stocks →

TIM S.A. Sponsored ADR (TIMB) key facts

Strength: TIM S.A. Sponsored ADR’s revenue for fiscal 2025 (year ended December 2025) was $4.8 billion, up 1.07% from fiscal 2024.
TIM S.A. Sponsored ADR (TIMB) is a Telecom Services company in the Communication Services sector, traded in the US as an ADR.
As of October 9, 2026, TIMB traded at $17.98, a market capitalization of $8.9 billion.
TIM S.A. Sponsored ADR pays an annual dividend of $0.84 per share, a yield of 4.67%, with a payout ratio of 49.6%.
Return on equity was 16.8% and debt-to-equity 0.59.
Its Piotroski F-score is 7 out of 9 and its Altman Z-score is 2.00 (grey zone) for fiscal 2025.