TEF vs. REPYY

Last updated Apr 1, 2026

Compare and contrast key facts about Telefónica, S.A. (TEF) and Repsol SA (REPYY).

Performance

TEF vs. REPYY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Telefónica, S.A. (TEF) and Repsol SA (REPYY). The values are adjusted to include any dividend payments, if applicable.

TEF vs. REPYY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TEF Telefónica, S.A.	-5.93%	8.59%	11.16%	18.09%	-6.36%	20.27%	-36.44%	-12.77%	-7.83%	9.97%
REPYY Repsol SA	56.10%	66.69%	-13.03%	-2.01%	41.58%	20.97%	-30.67%	6.40%	-7.33%	31.40%

Fundamentals

Market Cap TEF : $21.48B REPYY : $31.90B
EPS TEF : -$0.38 REPYY : $1.67
PS Ratio TEF : 0.56 REPYY : 0.59
PB Ratio TEF : 1.22 REPYY : 1.27
Total Revenue (TTM) TEF : $38.27B REPYY : $54.70B
Gross Profit (TTM) TEF : $32.04B REPYY : $8.77B
EBITDA (TTM) TEF : $14.31B REPYY : $5.45B

Returns By Period

In the year-to-date period, TEF achieves a -5.93% return, which is significantly lower than REPYY's 56.10% return. Over the past 10 years, TEF has underperformed REPYY with an annualized return of -2.34%, while REPYY has yielded a comparatively higher 16.52% annualized return.

TEF

• 1D: 0.00%
• 1M: 0.00%
• YTD: -5.93%
• 6M: -21.74%
• 1Y: -11.88%
• 3Y*: 3.80%
• 5Y*: 6.13%
• 10Y*: -2.34%

REPYY

• 1D: 1.51%
• 1M: 25.80%
• YTD: 56.10%
• 6M: 63.82%
• 1Y: 127.74%
• 3Y*: 30.97%
• 5Y*: 24.88%
• 10Y*: 16.52%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

TEF vs. REPYY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TEF

TEF Risk / Return Rank: 26
TEF Sharpe Ratio Rank: 20
TEF Sortino Ratio Rank: 20
TEF Omega Ratio Rank: 19
TEF Calmar Ratio Rank: 35
TEF Martin Ratio Rank: 36

REPYY

REPYY Risk / Return Rank: 98
REPYY Sharpe Ratio Rank: 99
REPYY Sortino Ratio Rank: 98
REPYY Omega Ratio Rank: 98
REPYY Calmar Ratio Rank: 96
REPYY Martin Ratio Rank: 98

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TEF vs. REPYY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Telefónica, S.A. (TEF) and Repsol SA (REPYY). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	TEF	REPYY	Difference
Sharpe ratio Return per unit of total volatility	-0.49	4.48	-4.97
Sortino ratio Return per unit of downside risk	-0.48	4.41	-4.88
Omega ratio Gain probability vs. loss probability	0.93	1.68	-0.75
Calmar ratio Return relative to maximum drawdown	-0.22	6.24	-6.46
Martin ratio Return relative to average drawdown	-0.39	23.99	-24.38
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TEF vs. REPYY - Sharpe Ratio Comparison

The current TEF Sharpe Ratio is -0.49, which is lower than the REPYY Sharpe Ratio of 4.48. The chart below compares the historical Sharpe Ratios of TEF and REPYY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	TEF	REPYY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.49	4.48	-4.97
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.26	0.89	-0.62
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.09	0.51	-0.60
Sharpe Ratio (All Time) Calculated using the full available price history	0.21	0.49	-0.28

Correlation

The correlation between TEF and REPYY is 0.42, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

TEF vs. REPYY - Dividend Comparison

TEF's dividend yield for the trailing twelve months is around 9.02%, more than REPYY's 4.11% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
TEF Telefónica, S.A.	9.02%	8.48%	7.97%	8.30%	8.77%	9.65%	11.21%	6.39%	5.52%	4.77%	8.76%	9.98%
REPYY Repsol SA	4.11%	5.69%	8.07%	5.03%	4.22%	2.41%	8.21%	8.35%	2.97%	4.31%	3.89%	0.00%

Drawdowns

TEF vs. REPYY - Drawdown Comparison

The maximum TEF drawdown since its inception was -79.71%, which is greater than REPYY's maximum drawdown of -65.56%. Use the drawdown chart below to compare losses from any high point for TEF and REPYY.

Drawdown Indicators

	TEF	REPYY	Difference
Max Drawdown Largest peak-to-trough decline	-79.71%	-65.56%	-14.15%
Max Drawdown (1Y) Largest decline over 1 year	-30.38%	-19.92%	-10.46%
Max Drawdown (5Y) Largest decline over 5 years	-38.72%	-35.71%	-3.01%
Max Drawdown (10Y) Largest decline over 10 years	-65.52%	-65.56%	+0.04%
Current Drawdown Current decline from peak	-60.77%	-0.95%	-59.82%
Average Drawdown Average peak-to-trough decline	-33.51%	-16.11%	-17.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	17.05%	5.20%	+11.85%

Volatility

TEF vs. REPYY - Volatility Comparison

The current volatility for Telefónica, S.A. (TEF) is 0.00%, while Repsol SA (REPYY) has a volatility of 12.20%. This indicates that TEF experiences smaller price fluctuations and is considered to be less risky than REPYY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TEF	REPYY	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.00%	12.20%	-12.20%
Volatility (6M) Calculated over the trailing 6-month period	19.66%	22.14%	-2.48%
Volatility (1Y) Calculated over the trailing 1-year period	26.15%	28.74%	-2.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.69%	28.14%	-4.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.45%	32.27%	-4.82%

Financials

TEF vs. REPYY - Profitability Comparison

The chart below illustrates the profitability comparison between Telefónica, S.A. and Repsol SA over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

TEF - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Telefónica, S.A. reported a gross profit of 3.13B and revenue of 9.36B. Therefore, the gross margin over that period was 33.5%.

REPYY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Repsol SA reported a gross profit of 1.75B and revenue of 13.60B. Therefore, the gross margin over that period was 12.9%.

TEF - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Telefónica, S.A. reported an operating income of 952.00M and revenue of 9.36B, resulting in an operating margin of 10.2%.

REPYY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Repsol SA reported an operating income of 737.02M and revenue of 13.60B, resulting in an operating margin of 5.4%.

TEF - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Telefónica, S.A. reported a net income of 276.00M and revenue of 9.36B, resulting in a net margin of 3.0%.

REPYY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Repsol SA reported a net income of 715.23M and revenue of 13.60B, resulting in a net margin of 5.3%.