Telefónica, S.A., together with its subsidiaries, provides telecommunications services in Europe and Latin America. The company offers mobile and related services and products, including mobile voice, value added, mobile data and internet, wholesale, corporate, roaming, fixed wireless, and trunking and paging services; traditional fixed telecommunication services, such as PSTN lines; ISDN accesses; public telephone services; local, domestic, and international long-distance …
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Competitive advantage assessment
Key risks
Liquidity ConcernsLiquidity is concerning (score 0.30), raising questions about short-term obligations.
Volatile Margins Suggest CyclicalityMargin volatility is high (stability score 0.39), suggesting cyclical exposure or competitive pressure.
The dashed ring is the peer median. Defense scores are percentile ranks
against peers, so 50 is roughly the typical company in this group.
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Telefonica SA ranks #28 of 56
scored companies in Telecom Services by moat score — the top 50%.
The widest moat in the group is Iridium Communications Inc (IRDM)
at 76/100.
Moat scores for companies ranked near TEF in Telecom Services
Pricing power is the ability to raise prices without losing volume.
Cost Advantage
Score 67
· 15% of the moat score
A cost advantage means delivering the same product for structurally less — better purchasing, denser distribution, a more automated process.
Customer Stickiness
Score 53
· 15% of the moat score
Stickiness is what makes revenue repeat without being re-won every year.
Capital Efficiency
Score 27
· 18% of the moat score
Capital efficiency asks what the company earns on the money tied up in the business.
Resilience
Score 41
· 17% of the moat score
Resilience is the capacity to get through a bad year on its own terms — enough liquidity, enough interest cover, and enough cash generation to avoid a rescue financing or a forced sale.
Scale & Market Position
Score 45
· 15% of the moat score
Scale matters only when it converts into economics.
Telefonica SA (TEF) scores 47 out of 100 on the StatsAlpha Moat Map, which rates its competitive advantage as developing. It ranks #28 of 56 scored companies in Telecom Services, the top 50%. The score is a weighted composite of 6 competitive defenses, each measured against industry peers of 59 companies in Telecom Services. Its strongest defense is Cost Advantage (67/100) and its weakest is Capital Efficiency (27/100).
How does Telefonica SA compare with other Telecom Services companies?
Telefonica SA ranks #28 of 56 scored companies in Telecom Services by moat score. The widest moat in Telecom Services is Iridium Communications Inc (IRDM) at 76/100. The companies ranked closest are uCloudlink Group Inc. (UCL) at 49 just above it and Vodafone Group Plc (VOD) at 45 just below it.
How is the moat score calculated?
Each company is scored with an industry-specific template — Corporate Default in this case, chosen because the defenses that matter to a bank are not the ones that matter to a software company. Every defense combines several financial signals, and each signal is measured as a percentile against a peer group of 59 companies in Telecom Services. The defenses are then weighted to produce the overall score out of 100.
Why is Telefonica SA scored with the Corporate Default template?
Most public companies sell a product or a service at a margin, so the moat question is whether that margin survives contact with competitors. The Corporate template scores the six defenses that show up in a general operating company's financial signature: whether it can hold price, produce more cheaply than rivals, keep its customers, earn a return above its cost of capital, withstand a downturn, and turn size into economics.
Which competitive defenses are measured for Telefonica SA?
The Corporate Default template measures 6 defenses, and TEF scores: Pricing Power (51), Cost Advantage (67), Customer Stickiness (53), Capital Efficiency (27), Resilience (41), Scale & Market Position (45). Each is scored independently as a percentile against peers, so a company can be strong on one and weak on another — the overall score reflects how those defenses are weighted for this industry.
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