TSAT Stock Overview
Telesat Corporation, a satellite operator, provides mission-critical communications services to broadcast, enterprise, and consulting customers worldwide.
Price History & Performance
|Historical stock prices|
|Current Share Price||CA$18.50|
|52 Week High||CA$55.00|
|52 Week Low||CA$14.34|
|1 Month Change||17.91%|
|3 Month Change||-31.79%|
|1 Year Change||n/a|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-62.82%|
Recent News & Updates
Estimating The Intrinsic Value Of Telesat Corporation (TSE:TSAT)
In this article we are going to estimate the intrinsic value of Telesat Corporation ( TSE:TSAT ) by projecting its...
|TSAT||CA Telecom||CA Market|
Return vs Industry: Insufficient data to determine how TSAT performed against the Canadian Telecom industry.
Return vs Market: Insufficient data to determine how TSAT performed against the Canadian Market.
|TSAT Average Weekly Movement||9.0%|
|Telecom Industry Average Movement||7.4%|
|Market Average Movement||9.9%|
|10% most volatile stocks in CA Market||16.9%|
|10% least volatile stocks in CA Market||4.3%|
Stable Share Price: TSAT is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: TSAT's weekly volatility (9%) has been stable over the past year.
About the Company
Telesat Corporation, a satellite operator, provides 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 enables 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, authorization, and uplinking and downlinking services; and occasional use services for the broadcast of video news, sports, and live event coverages.
Telesat Fundamentals Summary
|TSAT fundamental statistics|
Is TSAT overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|TSAT income statement (TTM)|
|Cost of Revenue||CA$255.66m|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||6.33|
|Net Profit Margin||10.11%|
How did TSAT perform over the long term?See historical performance and comparison
Is Telesat undervalued compared to its fair value and its price relative to the market?
Valuation Score 2/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TSAT (CA$18.5) is trading below our estimate of fair value (CA$22.77)
Significantly Below Fair Value: TSAT is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: TSAT's PE Ratio (12x) is in line with the North American Telecom industry average.
PE vs Market: TSAT is poor value based on its PE Ratio (12x) compared to the Canadian market (11.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate TSAT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TSAT is good value based on its PB Ratio (2.1x) compared to the CA Telecom industry average (3x).
How is Telesat forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted Telecom industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Telesat has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Telesat performed over the past 5 years?
Past Performance Score1/6
Past Performance Score 1/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TSAT has high quality earnings.
Growing Profit Margin: TSAT's current net profit margins (10.1%) are lower than last year (70.4%).
Past Earnings Growth Analysis
Earnings Trend: TSAT's earnings have declined by 8.3% per year over the past 5 years.
Accelerating Growth: TSAT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: TSAT had negative earnings growth (-86.5%) over the past year, making it difficult to compare to the Telecom industry average (-9.5%).
Return on Equity
High ROE: TSAT's Return on Equity (10%) is considered low.
How is Telesat's financial position?
Financial Health Score2/6
Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: TSAT's short term assets (CA$1.6B) exceed its short term liabilities (CA$179.2M).
Long Term Liabilities: TSAT's short term assets (CA$1.6B) do not cover its long term liabilities (CA$4.4B).
Debt to Equity History and Analysis
Debt Level: TSAT's net debt to equity ratio (125%) is considered high.
Reducing Debt: TSAT's debt to equity ratio has reduced from 490.6% to 210.8% over the past 5 years.
Debt Coverage: TSAT's debt is not well covered by operating cash flow (6.5%).
Interest Coverage: TSAT's interest payments on its debt are not well covered by EBIT (2x coverage).
What is Telesat current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TSAT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TSAT's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if TSAT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TSAT's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as TSAT has not reported any payouts.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Dan Goldberg (55 yo)
Mr. Daniel S. Goldberg, also known as Dan, serves as Independent Director for Algonquin Power & Utilities Corp. since March 28, 2022. He serves as President and Chief Executive Officer at Loral Space & Com...
CEO Compensation Analysis
Compensation vs Market: Dan's total compensation ($USD49.93M) is above average for companies of similar size in the Canadian market ($USD1.54M).
Compensation vs Earnings: Dan's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Experienced Management: TSAT's management team is seasoned and experienced (9.3 years average tenure).
Experienced Board: TSAT's board of directors are not considered experienced ( 0.5 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: TSAT only recently listed within the past 12 months.
Telesat Corporation's employee growth, exchange listings and data sources
- Name: Telesat Corporation
- Ticker: TSAT
- Exchange: TSX
- Founded: 1969
- Industry: Alternative Carriers
- Sector: Telecom
- Implied Market Cap: CA$916.855m
- Market Cap: CA$222.609m
- Shares outstanding: 49.56m
- Website: https://www.telesat.com
Number of Employees
- Telesat Corporation
- 160 Elgin Street
- Suite 2100
- K2P 2P7
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/21 00:00|
|End of Day Share Price||2022/05/20 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.