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Telesat TSX:TSAT Stock Report

Last Price

CA$14.37

Market Cap

CA$695.9m

7D

13.1%

1Y

-44.6%

Updated

27 Aug, 2024

Data

Company Financials +

Telesat Corporation

TSX:TSAT Stock Report

Market Cap: CA$695.9m

TSAT Stock Overview

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

About the company

TSAT fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance0/6
Financial Health2/6
Dividends0/6

Rewards

Price-To-Earnings ratio (6.7x) is below the Canadian market (15.2x)
Revenue is forecast to grow 7.03% per year

Risk Analysis

Interest payments are not well covered by earnings
Earnings are forecast to decline by an average of 100.3% 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$530.7m

Cogeco Communications

TSX:CCA

CA$2.7b

Quebecor

TSX:QBR.A

CA$7.8b

Thaicom

SET:THCOM

฿13.9b

Price History & Performance

Summary of all time highs, changes and price drops for Telesat
Historical stock prices
Current Share PriceCA$14.37
52 Week HighCA$28.69
52 Week LowCA$9.69
Beta2.13
11 Month Change25.17%
3 Month Change10.54%
1 Year Change-44.58%
33 Year Changen/a
5 Year Changen/a
Change since IPO-71.12%

Recent News & Updates

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

Recent updates

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
7D13.1%0.4%1.1%
1Y-44.6%-12.8%13.4%

Return vs Industry: TSAT underperformed the Canadian Telecom industry which returned -11.5% over the past year.

Return vs Market: TSAT underperformed the Canadian Market which returned 15.3% over the past year.

Price Volatility

Is TSAT's price volatile compared to industry and market?
TSAT volatility
TSAT Average Weekly Movement10.4%
Telecom Industry Average Movement4.2%
Market Average Movement8.1%
10% most volatile stocks in CA Market16.9%
10% least volatile stocks in CA Market3.1%

Stable Share Price: TSAT's share price has been volatile over the past 3 months.

Volatility Over Time: TSAT's weekly volatility (10%) 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$695.93m
Earnings (TTM)CA$30.07m
Revenue (TTM)CA$645.60m

6.7x

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