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Teleste

DB:TS6
Snowflake Description

Flawless balance sheet and good value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
TS6
DB
€109M
Market Cap
  1. Home
  2. DE
  3. Tech
Company description

Teleste Corporation provides video and broadband solutions, and network services in Finland and internationally. The last earnings update was 40 days ago. More info.


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TS6 Share Price and Events
7 Day Returns
-1%
DB:TS6
-8.7%
DE Communications
1.5%
DE Market
1 Year Returns
-10%
DB:TS6
17.5%
DE Communications
-6.2%
DE Market
TS6 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Teleste (TS6) -1% -4.8% -8.4% -10% -30.1% 36.4%
DE Communications -8.7% -3.9% 21.9% 17.5% -2.3% 53.4%
DE Market 1.5% 6% 8.5% -6.2% 10.7% 15.3%
1 Year Return vs Industry and Market
  • TS6 underperformed the Communications industry which returned 17.5% over the past year.
  • TS6 underperformed the Market in Germany which returned -6.2% over the past year.
Price Volatility
TS6
Industry
5yr Volatility vs Market

TS6 Value

 Is Teleste undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Teleste to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Teleste.

DB:TS6 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 3 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 8.1%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:TS6
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6.5%
Communications Unlevered Beta Simply Wall St/ S&P Global 1.09
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.091 (1 + (1- 20%) (24.57%))
1.204
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.204 * 6.51%)
8.07%

Discounted Cash Flow Calculation for DB:TS6 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Teleste is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

DB:TS6 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 8.07%)
2019 3.60 Analyst x1 3.33
2020 10.25 Analyst x2 8.78
2021 10.80 Analyst x1 8.56
2022 9.80 Analyst x1 7.19
2023 9.20 Analyst x1 6.24
2024 8.94 Est @ -2.83% 5.61
2025 8.77 Est @ -1.92% 5.09
2026 8.66 Est @ -1.27% 4.65
2027 8.59 Est @ -0.82% 4.27
2028 8.54 Est @ -0.51% 3.93
Present value of next 10 years cash flows €57.65
DB:TS6 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= €8.54 × (1 + 0.23%) ÷ (8.07% – 0.23%)
€109.20
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €109.20 ÷ (1 + 8.07%)10
€50.26
DB:TS6 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €57.65 + €50.26
€107.92
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €107.92 / 18.19
€5.93
DB:TS6 Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:TS6 represents 0.98667x of HLSE:TLT1V
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.98667x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (EUR) x Listing Adjustment Factor
= € 5.93 x 0.98667
€5.85
Value per share (EUR) From above. €5.85
Current discount Discount to share price of €5.92
= -1 x (€5.92 - €5.85) / €5.85
-1.1%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Teleste is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Teleste's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Teleste's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:TS6 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in EUR €0.38
HLSE:TLT1V Share Price ** HLSE (2019-04-23) in EUR €6
Germany Communications Industry PE Ratio Median Figure of 5 Publicly-Listed Communications Companies 27.71x
Germany Market PE Ratio Median Figure of 424 Publicly-Listed Companies 19.6x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Teleste.

DB:TS6 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= HLSE:TLT1V Share Price ÷ EPS (both in EUR)

= 6 ÷ 0.38

15.59x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Teleste is good value based on earnings compared to the DE Communications industry average.
  • Teleste is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Teleste's expected growth come at a high price?
Raw Data
DB:TS6 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 15.59x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts
16.3%per year
Europe Communications Industry PEG Ratio Median Figure of 13 Publicly-Listed Communications Companies 1.31x
Germany Market PEG Ratio Median Figure of 269 Publicly-Listed Companies 1.56x

*Line of best fit is calculated by linear regression .

DB:TS6 PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 15.59x ÷ 16.3%

0.96x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Teleste is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Teleste's assets?
Raw Data
DB:TS6 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in EUR €4.22
HLSE:TLT1V Share Price * HLSE (2019-04-23) in EUR €6
Germany Communications Industry PB Ratio Median Figure of 7 Publicly-Listed Communications Companies 1.53x
Germany Market PB Ratio Median Figure of 574 Publicly-Listed Companies 1.84x
DB:TS6 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= HLSE:TLT1V Share Price ÷ Book Value per Share (both in EUR)

= 6 ÷ 4.22

1.42x

* Primary Listing of Teleste.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Teleste is good value based on assets compared to the DE Communications industry average.
X
Value checks
We assess Teleste's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Communications industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Communications industry average (and greater than 0)? (1 check)
  5. Teleste has a total score of 4/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

TS6 Future Performance

 How is Teleste expected to perform in the next 1 to 3 years based on estimates from 3 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
16.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Teleste expected to grow at an attractive rate?
  • Teleste's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Teleste's earnings growth is expected to exceed the Germany market average.
  • Teleste's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:TS6 Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:TS6 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts 16.3%
DB:TS6 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 3 Analysts 2.7%
Germany Communications Industry Earnings Growth Rate Market Cap Weighted Average 19.3%
Europe Communications Industry Revenue Growth Rate Market Cap Weighted Average 2.5%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11.6%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:TS6 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:TS6 Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 16
2022-12-31 278 16 12 1
2021-12-31 270 17 12 1
2020-12-31 262 17 13 2
2019-12-31 250 10 7 2
DB:TS6 Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-12-31 250 15 7
2018-09-30 243 17 5
2018-06-30 239 11 4
2018-03-31 233 22 -9
2017-12-31 235 19 -9
2017-09-30 244 13 -5
2017-06-30 251 21 -2
2017-03-31 260 7 10
2016-12-31 260 9 12
2016-09-30 259 12 11
2016-06-30 263 10 12
2016-03-31 255 8 10

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Teleste's earnings are expected to grow by 16.3% yearly, however this is not considered high growth (20% yearly).
  • Teleste's revenue is expected to grow by 2.7% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:TS6 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below

All data from Teleste Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:TS6 Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31 0.67 0.67 0.67 1.00
2021-12-31 0.66 0.66 0.66 1.00
2020-12-31 0.71 0.81 0.60 2.00
2019-12-31 0.45 0.61 0.20 3.00
DB:TS6 Past Financials Data
Date (Data in EUR Millions) EPS *
2018-12-31 0.38
2018-09-30 0.28
2018-06-30 0.19
2018-03-31 -0.47
2017-12-31 -0.50
2017-09-30 -0.28
2017-06-30 -0.13
2017-03-31 0.56
2016-12-31 0.65
2016-09-30 0.61
2016-06-30 0.64
2016-03-31 0.58

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Teleste is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Teleste's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Teleste has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

TS6 Past Performance

  How has Teleste performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Teleste's growth in the last year to its industry (Communications).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Teleste's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
  • Teleste has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • Teleste has become profitable in the last year making it difficult to compare the Europe Communications industry average.
Earnings and Revenue History
Teleste's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Teleste Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:TS6 Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 250.35 6.98 70.61
2018-09-30 242.53 5.14 67.94
2018-06-30 239.41 3.50 68.38
2018-03-31 232.95 -8.60 70.18
2017-12-31 234.59 -9.11 71.49
2017-09-30 244.45 -5.20 75.19
2017-06-30 251.06 -2.35 76.71
2017-03-31 259.85 10.23 76.97
2016-12-31 259.53 11.82 76.98
2016-09-30 259.36 10.99 75.79
2016-06-30 262.69 11.63 76.19
2016-03-31 254.93 10.47 75.47
2015-12-31 247.76 11.01 74.81
2015-09-30 233.23 11.21 72.65
2015-06-30 217.40 10.58 69.29
2015-03-31 207.09 9.77 66.29
2014-12-31 197.18 8.48 63.29
2014-09-30 197.35 8.44 61.90
2014-06-30 193.47 6.91 60.97
2014-03-31 190.55 7.28 60.06
2013-12-31 192.78 8.15 60.51
2013-09-30 186.20 6.71 63.33
2013-06-30 185.31 6.54 63.77
2013-03-31 188.50 6.48 64.74
2012-12-31 193.88 6.70 65.39
2012-09-30 199.84 7.96 63.76
2012-06-30 201.21 8.69 63.60

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Teleste has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Teleste used its assets more efficiently than the DE Communications industry average last year based on Return on Assets.
  • Teleste's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Teleste's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Communications industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Teleste has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

TS6 Health

 How is Teleste's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Teleste's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Teleste is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Teleste's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Teleste's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 3.9x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Teleste Company Filings, last reported 3 months ago.

DB:TS6 Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 77.16 26.81 22.24
2018-09-30 75.52 27.77 20.71
2018-06-30 72.75 33.43 22.33
2018-03-31 72.55 33.23 22.56
2017-12-31 71.35 33.25 21.23
2017-09-30 70.94 33.59 16.15
2017-06-30 70.40 33.73 19.81
2017-03-31 84.92 30.63 8.86
2016-12-31 84.42 30.61 9.50
2016-09-30 80.51 35.39 14.72
2016-06-30 77.19 35.18 9.87
2016-03-31 79.09 34.41 14.21
2015-12-31 77.55 33.04 12.68
2015-09-30 74.27 36.74 15.18
2015-06-30 70.43 40.15 15.24
2015-03-31 73.86 30.53 14.37
2014-12-31 70.68 24.38 17.67
2014-09-30 67.77 25.49 12.00
2014-06-30 64.36 24.14 12.24
2014-03-31 66.73 24.21 16.01
2013-12-31 65.55 24.27 15.23
2013-09-30 62.40 26.34 15.45
2013-06-30 60.23 27.71 14.57
2013-03-31 62.41 21.96 10.86
2012-12-31 60.56 22.15 13.88
2012-09-30 58.77 25.09 12.31
2012-06-30 56.56 25.11 13.17
  • Teleste's level of debt (34.7%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (37% vs 34.7% today).
  • Debt is well covered by operating cash flow (56%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 25.3x coverage).
X
Financial health checks
We assess Teleste's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Teleste has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

TS6 Dividends

 What is Teleste's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
3.33%
Current annual income from Teleste dividends. Estimated to be 4.72% next year.
If you bought €2,000 of Teleste shares you are expected to receive €67 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Teleste's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.43%).
  • Teleste's dividend is below the markets top 25% of dividend payers in Germany (3.71%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:TS6 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
Europe Communications Industry Average Dividend Yield Market Cap Weighted Average of 10 Stocks 2.5%
Germany Market Average Dividend Yield Market Cap Weighted Average of 327 Stocks 3%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:TS6 Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 0.30 1.00
2020-12-31 0.30 2.00
2019-12-31 0.27 3.00
DB:TS6 Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2019-03-11 0.200 3.335
2018-03-06 0.100 1.510
2017-03-08 0.250 3.197
2016-04-07 0.230 2.603
2015-03-10 0.200 2.531
2014-03-04 0.190 3.841
2013-03-05 0.170 4.078
2012-08-01 0.140 3.455
2012-07-16 0.140 3.618
2012-03-13 0.140 3.493
2011-03-24 0.120 3.477
2010-04-09 0.080 1.716
2009-07-22 0.120 3.090
2009-04-24 0.240 7.298

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have fallen over the past 10 years.
Current Payout to shareholders
What portion of Teleste's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.9x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2.2x coverage).
X
Income/ dividend checks
We assess Teleste's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Teleste afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Teleste has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

TS6 Management

 What is the CEO of Teleste's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Jukka Rinnevaara
COMPENSATION €0
AGE 57
TENURE AS CEO 16.4 years
CEO Bio

Mr. Jukka Rinnevaara, M.Sc. (Econ.) serves as Independent Director of Vaisala Oyj since March 26, 2019. He has been the Chief Executive Officer and President of Teleste Corporation since November 01, 2002 and serves as its InCharge of Investor Relations. Mr. Rinnevaara served as Group Senior Vice President, ABB Building Systems from 2001 to 2002. He served as the President of ABB Installaatiot Oy from 1999 to 2001. Mr. Rinnevaara serves as a Director of Oyj Liinos ABP. He served as a Director of Salcomp Plc since April 15, 2009; Perlos Oyj since March 28, 2006 and Teleste Corporation.

CEO Compensation
  • Insufficient data for Jukka to compare compensation growth.
  • Jukka's remuneration is lower than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Teleste management team in years:

7.7
Average Tenure
51
Average Age
  • The average tenure for the Teleste management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Jukka Rinnevaara

TITLE
President & CEO
AGE
57
TENURE
16.4 yrs

Juha Hyytiäinen

TITLE
Chief Financial Officer
AGE
51
TENURE
5.3 yrs

Markus Mattila

TITLE
Senior Vice President of Operations
AGE
50
TENURE
11.2 yrs

Johan Slotte

TITLE
Deputy CEO and Head of Corporate Business Development & Legal Affairs
AGE
59

Mika Kavanti

TITLE
Vice President of Marketing and Channel Sales
TENURE
7.7 yrs

Hanno Narjus

TITLE
Senior Vice President of Network Products
AGE
56

Esa Harju

TITLE
Senior Vice President of Video Security & Information Business Unit
AGE
51
TENURE
2.3 yrs

Pasi Järvenpää

TITLE
Senior Vice President of Research & Development
AGE
51
Board of Directors Tenure

Average tenure and age of the Teleste board of directors in years:

3
Average Tenure
57
Average Age
  • The tenure for the Teleste board of directors is about average.
Board of Directors

Pertti Ervi

TITLE
Chairman of the Board
AGE
61
TENURE
1.5 yrs

Jannica Fagerholm

TITLE
Independent Director
AGE
57
TENURE
6 yrs

Kai Telanne

TITLE
Independent Director
AGE
54
TENURE
11 yrs

Timo Luukkainen

TITLE
Non-Independent Director
AGE
64
TENURE
3 yrs

Heikki Mäkijärvi

TITLE
Independent Director
AGE
59
TENURE
1 yrs

Vesa Korpimies

TITLE
Director
AGE
56

Jussi Himanen

TITLE
Director
AGE
46
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Teleste's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Teleste has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

TS6 News

Simply Wall St News

TS6 Company Info

Description

Teleste Corporation provides video and broadband solutions, and network services in Finland and internationally. The company’s Video and Broadband Solutions segment focuses on product solutions for broadband access networks, video service platforms, and video surveillance applications. Its Network Services segment offers network service solutions, including new construction, rebuilding, upgrading, planning, and maintenance services for cable networks. The company’s broadband data and video products include RF amplifiers, optical nodes, remote PHY nodes, RF passives, optical passives, management tools, DOCSIS mini-CMTS, headend optics, Luminato video headend products, and Optimo transcoders, as well as modular IP to analog TV and IP to FM radio converters. Its information and security products consist of passenger information management products, media content management products, fleet monitoring and operation control products, information displays, display control products, onboard passenger information systems, onboard infotainment and advertising products, onboard public address and intercommunications products, onboard video surveillance products, onboard connectivity products, video management systems, mobile network video recorders, fiber optic video transmission products, video encoders and decoders, secured IP link products, and S-AWARE situational awareness systems. In addition, it provides information and security services, such as technical integration, software support and maintenance, system design, software integration and tailor made solutions, project management, configuration, installation and commissioning, and training; and broadband data and video services. It serves the hospitality, public transport, public authorities, airports, road, and military and border control markets, as well as installers, operators, and wholesalers and distributors. The company was founded in 1954 and is headquartered in Kaarina, Finland.

Details
Name: Teleste Corporation
TS6
Exchange: DB
Founded: 1954
€109,124,166
18,187,361
Website: http://www.teleste.com
Address: Teleste Corporation
Telestenkatu 1,
Littoinen,
Kaarina,
Finland Proper, 20660,
Finland
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
HLSE TLT1V Ordinary Shares OMX Nordic Exchange Helsinki FI EUR 30. Mar 1999
DB TS6 Ordinary Shares Deutsche Boerse AG DE EUR 30. Mar 1999
LSE 0K1Q Ordinary Shares London Stock Exchange GB EUR 30. Mar 1999
Number of employees
Current staff
Staff numbers
1,353
Teleste employees.
Industry
Communications Equipment
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/23 20:48
End of day share price update: 2019/04/23 00:00
Last estimates confirmation: 2019/03/20
Last earnings filing: 2019/03/14
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.