The Screen · Communication Services · Telecom Services
Telephone and Data Systems, Inc.
TDS · the NYSE · USD · Market cap $4.3B · 4,000 employees
Telephone and Data Systems, Inc., a telecommunications company, provides communications services to residential, commercial, and wholesale customers in the United States.
Screened 2026-09-11 · the tape above runs as of 22:12 UTC · 11 Sep · two dates, stated on purpose · verdict and workings shown in full · never trimmed
The Label · The Season, Not the Day
This name holds its markup label.
Telephone and Data Systems, Inc. holds its Markup at $37.46. The statistical read favours the sellers, held for 12 days.
As held on the ledger · 2026-09-11
Phase
Markup
Quantitative state
The statistical read favours the sellers, held for 12 days
Price at the screen
$37.46
Valuation
9.37 trailing · N/A forward price to earnings
Values screen
PASS· score 70.0
Beta
0.34
The Workings
Five Screens, Shown in Full
Full pass across all five screens. This security clears the Titan Ethical Standard: its business and its balance sheet both stay inside the lines.
Test
Figure
Limit
What it means
Status
Business activity
Permissible
Core business clean
Its core business isn't built on prohibited lines: no gambling, alcohol, tobacco, weapons, or interest-based lending.
Pass
Debt load
16.72%
Below 33%
Interest-bearing debt is just 16.7% of its assets, well under the one-third ceiling: it does not run on borrowed money.
Pass
Interest-bearing cash
0.00%
Below 33%
Cash held in interest-bearing accounts and securities is 0.0% of assets, under the one-third limit.
Pass
Receivables
9.94%
Below 49%
Money owed to the company is 9.9% of assets, under the 49% limit.
Pass
Revenue purity
3.28%
Below 5%
Only 3.3% of revenue comes from non-compliant sources, under the 5% line.
Pass
Five checks adapted from AAOIFI screening standards: business activity plus four balance-sheet ratios. All five must pass for ethical clearance. Every figure is arithmetic on public accounts, not judgement.
Fair value range in USD, drawn from the 2026-09-11 screen. The gold marker is the market price at the same screen. A 26.8% margin of safety to the base estimate.
Third-party analyst targets: 2 covering, consensus Buy. The average target sits +27% from the screen price.
Reading the gap · Both our model and the analysts see meaningful upside from here.
Price History & Projections
Where it has been, where the models see it going. History from market close data; projection points are our fair-value estimates and third-party analyst targets, dated to the 2026-09-11 screen.
Fair value and rating are our own model estimates; the Street's range reflects third-party analyst estimates. Analysis, not advice.
The Business, in Plain Words
Telecom priced like a growth star it is not
Picture a regional phone company still charging premium rates in a market where customers can switch to bigger networks or cheaper wireless in a heartbeat. Telephone and Data Systems sits in that spot, yet the shares trade at more than thirty four dollars against a fair value near twenty five. The forward multiple sits above four thousand times earnings while revenue edges up only six percent and return on equity barely clears six percent. We pass because the valuation leaves no room for the modest returns the business actually delivers.
The ethical screen clears, which removes one usual reason to walk away. Still the numbers do not support ownership at this level. Profit margins at ten percent look ordinary rather than exceptional, and the lack of any visible moat means competitors can keep chipping away at the customer base over time.
Risk sits in the stretched multiple itself. Any slowdown in that already modest revenue line or a modest rise in interest costs would expose how little earnings power the company really has. Analysis, not advice.
The risks · The main risks here are ordinary market swings and the chance our fair-value read proves too optimistic.
Plain-English interpretation of our own screen data. Analysis, not advice.
Where & How to Trade
TDS trades on the NYSE. As a listed security it is accessible through almost any international broker offering its home market. New to this, or investing from abroad? Our guide to accessing global markets covers brokers, currencies and the practical steps.
The Dated Journal · Newest First, Never Edited
Every Entry, As Written
2026-08-14Distribution$32.98-17.9%Entry 4
The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 17.9% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it D, carrying a low risk profile. Technically it is holding around 5% above its long-term trend line with momentum reading oversold. Over the past year the shares are up 13%. Our forward projection puts the odds of a 10% gain over the next month near 35%. The street (2 analysts) rates it buy, with a mean price target of $50.
2026-07-18Distribution$40.15+0.0%Entry 3
The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it D, carrying a low risk profile. Technically it is holding around 5% above its long-term trend line with momentum reading oversold. Over the past year the shares are up 13%. Our forward projection puts the odds of a 10% gain over the next month near 35%. The street (2 analysts) rates it buy, with a mean price target of $50.
2026-07-03Distribution$40.15+0.0%Entry 2
The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows excellent risk-adjusted returns.
2026-07-02Distribution$40.15Entry 1
The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows excellent risk-adjusted returns.
Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.
