The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Thursday, August 13, 2026

Subject of the day

UTDI.DE

Concerning the House

United Internet AG, through its subsidiaries, operates as an Internet service provider worldwide. The company operates through Consumer Access, Business Access, Consumer Applications, and Business Applications segments. It offers landline-based broadband and mobile internet products, including home networks, online storage, smart home, and IPTV for private users; and telecommunication products ranging from fiber-optic direct connections to tailored ICT solutions, which include voice, data, and network solutions, as well as infrastructure services to national and international carriers and ISPs. The company also provides applications and services for home users, such as personal information management applications comprising email, to-do lists, appointments, and addresses; and online cloud storage and office software. In addition, it provides business applications for freelancers and small to medium enterprises, such as domains, websites, web hosting, servers, e-shops, group work, online cloud storage, and office software, as well as cloud solutions and infrastructure. It offers its access products through the yourfone, smartmobile.de, 1&1, and 1&1 Versatel brand names; and applications through GMX, mail.com, WEB.DE, home.pl, Arsys, STRATO, IONOS, Fasthosts, we22, InterNetX, united-domains, and World4You brand names. In addition, the company offers professional services in the fields of active domain management; performance-based advertising and sales services under the Sedo brand name; online advertising services under the United Internet Media brand name; and white-label website builder services under the we22 brand, as well as sells IT hardware. The company was founded in 1988 and is headquartered in Montabaur, Germany.

Germany · www.united-internet.de

The Ledger
LineMar 2025Jun 2025Sep 2025Dec 2025
Revenue$1.64B$1.61B$1.28B$1.60B
Gross profit$521.82M$488.77M$434.95M$466.18M
Operating income$201.44M$188.49M$159.35M$170.93M
Net income$53.65M$49.58M$46.63M$135.05M
Diluted EPS0.31
Free cash flow-$128.00M$231.91M$152.51M$249.61M
CapEx-$122.03M-$175.01M-$190.96M-$242.79M
Quotation

$24.04

+0.10 (+0.4%)

52w hi$29.33
52w lo$22.86
Vol173.41K
As ofAug 13
The Verdict

Hold

Our score -0.25

Short-0.02
Medium-0.43
Long-0.36

computed 2026-08-13

By the Numbers

United Internet AG

Communication Services · Telecom Services

Market cap$4.15B
Enterprise value$9.43B
Trailing P/E13.71x
Forward P/E10.66x
EV / EBITDA8.97x
P / S (ttm)0.67x
Profit margin5.0%
Return on equity8.1%
Revenue growth+3.7%
Earnings growth+35.7%
Debt / equity91.28
Risk Metrics
Beta vs SPX0.26
Corr SPX0.12
Annual vol34.0%
Annual ret+20.6%
Sharpe0.60
Max DD-25.2%

Window: 504 trading days (489 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.20
Sector-0.02
Technical+0.00
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$24.28$24.38$23.92173.41K
Aug 12$24.10$24.26$23.78$24.04121.30K
Aug 11$23.56$23.98$23.24$23.94122.08K
Aug 10$23.88$23.98$23.38$23.48135.12K
Aug 7$23.72$24.18$23.60$23.90142.85K