TELUS Corporation

TSX:T Stock Report

Mkt Cap: CA$38.8b

We’ve recently updated our valuation analysis.

TELUS Valuation

Is T undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

Key Valuation Metric

Which metric is best to use when looking at relative valuation for T?

Other financial metrics that can be useful for relative valuation.

T key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue3.5x
Enterprise Value/EBITDA11.9x
PEG Ratio2.1x

Price to Earnings Ratio vs Peers

How does T's PE Ratio compare to its peers?

The above table shows the PE ratio for T vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average20.7x
BCE BCE
20.2x7.5%CA$55.0b
RCI.B Rogers Communications
18.8x9.8%CA$31.7b
TLKM Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia
18.2x11.3%Rp408.1t
2412 Chunghwa Telecom
25.4x3.1%NT$930.9b
T TELUS
24x11.7%CA$38.8b

Price to Earnings Ratio vs Industry

How does T's PE Ratio compare vs other companies in the Global Telecom Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a12.6%
 n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a12.6%
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Price to Earnings Ratio vs Fair Ratio

What is T's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

T PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio24x
Fair PE Ratio21.8x

Price-To-Earnings vs Fair Ratio: T is expensive based on its Price-To-Earnings Ratio (24x) compared to the estimated Fair Price-To-Earnings Ratio (21.8x).

Share Price vs Fair Value

What is the Fair Price of T when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst T forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCA$27.15
CA$31.59
+16.3%
4.2%CA$33.00CA$28.00n/a17
Mar ’24CA$27.02
CA$31.59
+16.9%
4.2%CA$33.00CA$28.00n/a17
Feb ’24CA$28.94
CA$32.53
+12.4%
5.9%CA$36.00CA$28.00n/a17
Jan ’24CA$26.13
CA$33.06
+26.5%
4.7%CA$36.00CA$30.00n/a17
Dec ’23CA$28.61
CA$33.12
+15.8%
4.8%CA$36.00CA$30.00n/a17
Nov ’23CA$28.36
CA$33.15
+16.9%
5.8%CA$37.00CA$30.00n/a17
Oct ’23CA$27.43
CA$34.09
+24.3%
4.2%CA$37.00CA$32.00n/a17
Sep ’23CA$29.56
CA$34.25
+15.9%
4.4%CA$37.00CA$32.00n/a16
Aug ’23CA$29.48
CA$34.15
+15.8%
4.4%CA$37.00CA$32.00n/a17
Jul ’23CA$28.67
CA$34.24
+19.4%
6.8%CA$38.00CA$28.00n/a17
Jun ’23CA$31.41
CA$34.35
+9.4%
6.9%CA$38.00CA$28.00n/a17
May ’23CA$32.14
CA$34.15
+6.2%
7.0%CA$38.00CA$28.00n/a17
Apr ’23CA$33.31
CA$33.88
+1.7%
6.5%CA$38.00CA$28.00n/a17
Mar ’23CA$32.02
CA$33.65
+5.1%
7.6%CA$38.00CA$28.00CA$27.0217
Feb ’23CA$29.93
CA$31.88
+6.5%
6.8%CA$36.00CA$28.00CA$28.9417
Jan ’23CA$29.79
CA$31.53
+5.8%
6.1%CA$36.00CA$28.00CA$26.1317
Dec ’22CA$29.29
CA$31.47
+7.4%
6.0%CA$36.00CA$28.00CA$28.6117
Nov ’22CA$28.39
CA$30.47
+7.3%
6.2%CA$34.00CA$27.00CA$28.3617
Oct ’22CA$27.80
CA$30.35
+9.2%
6.0%CA$34.00CA$27.00CA$27.4317
Sep ’22CA$29.16
CA$30.06
+3.1%
5.5%CA$34.00CA$27.00CA$29.5617
Aug ’22CA$27.71
CA$29.43
+6.2%
6.5%CA$34.00CA$24.00CA$29.4817
Jul ’22CA$27.80
CA$29.35
+5.6%
6.3%CA$34.00CA$24.00CA$28.6717
Jun ’22CA$27.43
CA$29.24
+6.6%
6.5%CA$34.00CA$24.00CA$31.4117
May ’22CA$25.50
CA$28.88
+13.3%
6.7%CA$34.00CA$24.00CA$32.1417
Apr ’22CA$25.39
CA$28.94
+14.0%
6.9%CA$34.00CA$24.00CA$33.3117
Mar ’22CA$25.98
CA$28.63
+10.2%
8.4%CA$34.00CA$24.00CA$32.0215

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