Kyivstar Group Ltd. (KYIV) vs Telephone and Data Systems, Inc. (TDS)

Kyivstar Group Ltd. and Telephone and Data Systems, Inc. are both Telecom Services companies. Telephone and Data Systems, Inc. is the larger, with a market value of $3.9B against $3.1B — 1.3× the size. Telephone and Data Systems, Inc. trades at the lower P/E: 11.7× against 19.2×. Telephone and Data Systems, Inc. has the higher net margin (27.7% vs 12.5%) and the lower return on invested capital (7.49% vs 13.4%). Across the 18 metrics below, Telephone and Data Systems, Inc. leads on 10 and Kyivstar Group Ltd. on 8.

Valuation

Metric KYIV TDS Telecom Services median
P/E 19.19 11.72 13.27
P/S 2.35 3.26 0.95
P/B 2.18 0.95 1.47
Price to free cash flow 10.76 n/m 8.72
EV/EBITDA 5.59 3.15 6.85
EV/Sales 2.39 2.06 1.87
Earnings yield 5.21% 8.54% 1.66%
Free cash flow yield 9.29% (11.07%) 5.53%

Profitability

Metric KYIV TDS Telecom Services median
Gross margin 88.83% 59.35% 51.26%
Operating margin 24.06% 37.03% 7.62%
Net margin 12.50% 27.70% 4.22%
Free cash flow margin 21.88% (35.96%) 4.73%
Return on equity 12.98% 7.68% 5.80%
Return on assets 14.14% 3.18% 0.00%
Return on invested capital 13.42% 7.49% 3.41%

Growth

Metric KYIV TDS Telecom Services median
Revenue growth (TTM) — 304.86% 3.31%
EPS growth (last fiscal year) (58.32%) 23.53% —
Revenue growth, 5-year CAGR — (25.14%) 1.50%
Net income growth, 5-year CAGR — 0.00% 0.00%

Health

Metric KYIV TDS Telecom Services median
Debt to equity 0.39 0.13 0.63
Current ratio 1.26 3.82 1.13
Net debt to EBITDA (0.12) 0.25 1.86

Dividend

Metric KYIV TDS Telecom Services median
Dividend yield — 3.99% 4.06%
Payout ratio — 1.74 0.00

Size

Metric KYIV TDS Telecom Services median
Market cap 3.06b 3.91b 3.06b

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