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Telesat TSX:TSAT Stock Report

Last Price

CA$15.49

Market Cap

CA$777.2m

7D

-11.3%

1Y

-2.0%

Updated

20 Nov, 2024

Data

Company Financials +

Telesat Corporation

TSX:TSAT Stock Report

Market Cap: CA$777.2m

TSAT Stock Overview

A satellite operator, offers mission-critical communications services to broadcast, enterprise, and consulting customers worldwide. More details

TSAT fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

Rewards

Price-To-Earnings ratio (7.2x) is below the Canadian market (14.6x)

Risk Analysis

Interest payments are not well covered by earnings

Earnings are forecast to decline by an average of 98.7% per year for the next 3 years

Profit margins (4.7%) are lower than last year (14.9%)

Large one-off items impacting financial results


Telesat Corporation Competitors

Cogeco

TSX:CGO

CA$580.6m

Cogeco Communications

TSX:CCA

CA$2.9b

Quebecor

TSX:QBR.A

CA$7.5b

ARTERIA Networks

TSE:4423

JP¥98.8b

Price History & Performance

Summary of all time highs, changes and price drops for Telesat
Historical stock prices
Current Share PriceCA$15.49
52 Week HighCA$20.33
52 Week LowCA$9.69
Beta2.24
11 Month Change-20.85%
3 Month Change23.92%
1 Year Change-2.02%
33 Year Change-65.26%
5 Year Changen/a
Change since IPO-68.87%

Recent News & Updates

Is Telesat (TSE:TSAT) Using Too Much Debt?

Nov 21
Is Telesat (TSE:TSAT) Using Too Much Debt?

Recent updates

Is Telesat (TSE:TSAT) Using Too Much Debt?

Nov 21
Is Telesat (TSE:TSAT) Using Too Much Debt?

Market Might Still Lack Some Conviction On Telesat Corporation (TSE:TSAT) Even After 37% Share Price Boost

Oct 17
Market Might Still Lack Some Conviction On Telesat Corporation (TSE:TSAT) Even After 37% Share Price Boost

Returns On Capital At Telesat (TSE:TSAT) Paint A Concerning Picture

Oct 04
Returns On Capital At Telesat (TSE:TSAT) Paint A Concerning Picture

Investors Still Aren't Entirely Convinced By Telesat Corporation's (TSE:TSAT) Earnings Despite 25% Price Jump

Aug 28
Investors Still Aren't Entirely Convinced By Telesat Corporation's (TSE:TSAT) Earnings Despite 25% Price Jump

Telesat (TSE:TSAT) Takes On Some Risk With Its Use Of Debt

Aug 15
Telesat (TSE:TSAT) Takes On Some Risk With Its Use Of Debt

Telesat Corporation's (TSE:TSAT) Share Price Boosted 30% But Its Business Prospects Need A Lift Too

May 29
Telesat Corporation's (TSE:TSAT) Share Price Boosted 30% But Its Business Prospects Need A Lift Too

We Think You Should Be Aware Of Some Concerning Factors In Telesat's (TSE:TSAT) Earnings

Apr 04
We Think You Should Be Aware Of Some Concerning Factors In Telesat's (TSE:TSAT) Earnings

Telesat Corporation (TSE:TSAT) Looks Inexpensive But Perhaps Not Attractive Enough

Feb 29
Telesat Corporation (TSE:TSAT) Looks Inexpensive But Perhaps Not Attractive Enough

The Returns At Telesat (TSE:TSAT) Aren't Growing

Sep 20
The Returns At Telesat (TSE:TSAT) Aren't Growing

These Return Metrics Don't Make Telesat (TSE:TSAT) Look Too Strong

Mar 08
These Return Metrics Don't Make Telesat (TSE:TSAT) Look Too Strong

Telesat (TSE:TSAT) May Have Issues Allocating Its Capital

Nov 23
Telesat (TSE:TSAT) May Have Issues Allocating Its Capital

A Look At The Fair Value Of Telesat Corporation (TSE:TSAT)

Oct 05
A Look At The Fair Value Of Telesat Corporation (TSE:TSAT)

Telesat's (TSE:TSAT) Problems Go Beyond Weak Profit

Aug 13
Telesat's (TSE:TSAT) Problems Go Beyond Weak Profit

Estimating The Intrinsic Value Of Telesat Corporation (TSE:TSAT)

May 19
Estimating The Intrinsic Value Of Telesat Corporation (TSE:TSAT)

Investors Don't See Light At End Of Telesat Corporation's (TSE:TSAT) Tunnel And Push Stock Down 26%

Apr 06
Investors Don't See Light At End Of Telesat Corporation's (TSE:TSAT) Tunnel And Push Stock Down 26%

Shareholder Returns

TSATCA TelecomCA Market
7D-11.3%-1.0%0.7%
1Y-2.0%-18.0%21.7%

Return vs Industry: TSAT exceeded the Canadian Telecom industry which returned -17.8% over the past year.

Return vs Market: TSAT underperformed the Canadian Market which returned 21.4% over the past year.

Price Volatility

Is TSAT's price volatile compared to industry and market?
TSAT volatility
TSAT Average Weekly Movement11.9%
Telecom Industry Average Movement3.5%
Market Average Movement8.3%
10% most volatile stocks in CA Market17.6%
10% least volatile stocks in CA Market2.9%

Stable Share Price: TSAT has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: TSAT's weekly volatility (12%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1969490Dan Goldbergwww.telesat.com

Telesat Corporation, a satellite operator, offers mission-critical communications services to broadcast, enterprise, and consulting customers worldwide. The company’s satellite-based services allow direct-to-home (DTH) service providers to deliver television programming, audio, and information channels directly to customers’ homes; and allows broadcasters, cable networks, and DTH service providers to transmit television programming services. It offers value-added services, such as satellite capacity, digital encoding of video channels, and uplinking and downlinking services; and occasional use services.

Telesat Corporation Fundamentals Summary

How do Telesat's earnings and revenue compare to its market cap?
TSAT fundamental statistics
Market capCA$777.18m
Earnings (TTM)CA$30.07m
Revenue (TTM)CA$645.60m

7.2x

P/E Ratio

0.3x

P/S Ratio

Is TSAT overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TSAT income statement (TTM)
RevenueCA$645.60m
Cost of RevenueCA$200.14m
Gross ProfitCA$445.46m
Other ExpensesCA$415.39m
EarningsCA$30.07m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)2.14
Gross Margin69.00%
Net Profit Margin4.66%
Debt/Equity Ratio114.5%

How did TSAT perform over the long term?

See historical performance and comparison