Could Cash Machine T-Mobile US Stock Be Your Next Buy?

+20.18%
Upside
187
Market
224
Trefis
TMUS: T-Mobile US logo
TMUS
T-Mobile US

T-Mobile US (TMUS) could be a good pick for your portfolio, with its high cash yield, good fundamentals, and discounted valuation. Companies like this can use cash to fuel additional revenue growth, or simply pay their shareholders through dividends or buybacks. Either move makes them attractive to the market

TMUS Has Good Fundamentals

  • Good Cash Yield: Not many stocks offer free cash flow yield of 7.4%, but T-Mobile US stock does
  • Strong Margin: Last 12 month operating margin of 21.0%
  • Growth: Last 12 revenue growth of 8.5% – low growth, but this selection is all about high yield and margin
  • Valuation: TMUS stock currently trading at 30% below 2Y high, 13% below 1M high, and at a PS lower than 3Y average.

Below is a quick comparison of TMUS fundamentals with S&P medians.

  TMUS S&P Median
Sector Communication Services
Industry Wireless Telecommunication Services
Free Cash Flow Yield 7.4% 4.3%
   
Revenue Growth LTM 8.5% 6.9%
Revenue Growth 3YAVG 3.6% 5.5%
   
Operating Margin LTM 21.0% 18.6%
Operating Margin 3YAVG 20.4% 18.1%
   
PE Ratio 18.9 24.2

*LTM: Last Twelve Months

Relevant Articles
  1. T-Mobile US Stock Shares $65 Bil Success With Investors
  2. How Low Can TMUS Really Go In A Market Crash?
  3. The Bear Case: How TMUS Behaves During Market Shocks
  4. Buy or Sell T-Mobile US Stock?
  5. With T-Mobile US Stock Surging, Have You Considered The Downside?
  6. T-Mobile US Stock To $153?

But What Is The Risk Involved?

While TMUS stock may be a compelling investment opportunity, it’s always helpful to be aware of a stock’s history of drawdown. TMUS dropped around 85% during the Global Financial Crisis, the biggest hit by far. In 2018, it fell close to 19%, and during the Covid sell-off, it dipped about 26%. The inflation shock pushed it down another 32%. Even with strong fundamentals, TMUS shows it’s not immune to market turmoil. Solid companies can still take big hits when the broader market tanks. But the risk is not limited to major market crashes. Stocks fall even when markets are good – think events like earnings, business updates, outlook changes. Read TMUS Dip Buyer Analyses to see how the stock has recovered from sharp dips in the past.

For more details and our view, see Buy or Sell TMUS Stock.

Stocks Like TMUS

Not ready to act on TMUS? Consider these alternatives:

  1. Comcast (CMCSA)
  2. IQVIA (IQV)
  3. Zimmer Biomet (ZBH)

We chose these stocks using the following criteria:

  1. Greater than $2 Bil in market cap
  2. Dipped last month & meaningfully below 2Y high
  3. Current P/S < last few year average
  4. Strong operating margin with no instances of large margin collapse
  5. High free cash flow yield

A portfolio of stocks with the criteria above would have performed has follows since 12/31/2016:

  • Average 6-month and 12-month forward returns of 10.4% and 20.4% respectively
  • Win rate (percentage of picks returning positive) of about 74% for 12-month period
  • Strategy consistent across market cycles

Portfolios Win When Stock Picks Fall Short

Stocks soar and sink – the key is staying invested. A balanced portfolio helps you ride market volatility, boosts gains, and reduces single stock risk.

The Trefis High Quality (HQ) Portfolio, with a collection of 30 stocks, has a track record of comfortably outperforming its benchmark that includes all 3 – the S&P 500, S&P mid-cap, and Russell 2000 indices. Why is that? HQ Portfolio has posted more than 105% in cumulative return since inception, with less risk versus the benchmark index, as evident in HQ Portfolio performance metrics.