Teleste Corporation provides video and broadband solutions, and network services in Finland and internationally.
Very undervalued with excellent balance sheet.
Share Price & News
How has Teleste's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TLT1V has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: TLT1V underperformed the Finnish Communications industry which returned -3.9% over the past year.
Return vs Market: TLT1V underperformed the Finnish Market which returned 6.8% over the past year.
Price Volatility Vs. Market
How volatile is Teleste's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall StIs Teleste Corporation's (HEL:TLT1V) CEO Overpaid Relative To Its Peers?
3 months ago | Simply Wall StDo Institutions Own Teleste Corporation (HEL:TLT1V) Shares?
3 months ago | Simply Wall StThe Teleste (HEL:TLT1V) Share Price Is Down 34% So Some Shareholders Are Getting Worried
Is Teleste undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TLT1V (€4.78) is trading below our estimate of fair value (€6.47)
Significantly Below Fair Value: TLT1V is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: TLT1V is good value based on its PE Ratio (15.6x) compared to the Communications industry average (16.7x).
PE vs Market: TLT1V is good value based on its PE Ratio (15.6x) compared to the Finnish market (20.4x).
Price to Earnings Growth Ratio
PEG Ratio: TLT1V is good value based on its PEG Ratio (0.3x)
Price to Book Ratio
PB vs Industry: TLT1V is good value based on its PB Ratio (1.2x) compared to the XE Communications industry average (1.7x).
How is Teleste forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TLT1V's forecast earnings growth (56.9% per year) is above the savings rate (0.4%).
Earnings vs Market: TLT1V's earnings (56.9% per year) are forecast to grow faster than the Finnish market (14.5% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: TLT1V's revenue (3.1% per year) is forecast to grow slower than the Finnish market (5.1% per year).
High Growth Revenue: TLT1V's revenue (3.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TLT1V's Return on Equity is forecast to be low in 3 years time (13.5%).
How has Teleste performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TLT1V has a large one-off gain of €8.3M impacting its March 31 2020 financial results.
Growing Profit Margin: TLT1V's current net profit margins (2.5%) are higher than last year (0.3%).
Past Earnings Growth Analysis
Earnings Trend: TLT1V's earnings have declined by -36.6% per year over the past 5 years.
Accelerating Growth: TLT1V's earnings growth over the past year (780.4%) exceeds its 5-year average (-36.6% per year).
Earnings vs Industry: TLT1V earnings growth over the past year (780.4%) exceeded the Communications industry 13.9%.
Return on Equity
High ROE: TLT1V's Return on Equity (7.5%) is considered low.
How is Teleste's financial position?
Financial Position Analysis
Short Term Liabilities: TLT1V's short term assets (€95.5M) exceed its short term liabilities (€53.2M).
Long Term Liabilities: TLT1V's short term assets (€95.5M) exceed its long term liabilities (€26.9M).
Debt to Equity History and Analysis
Debt Level: TLT1V's debt to equity ratio (31.9%) is considered satisfactory.
Reducing Debt: TLT1V's debt to equity ratio has reduced from 40.7% to 31.9% over the past 5 years.
Debt Coverage: TLT1V's debt is well covered by operating cash flow (22.4%).
Interest Coverage: Insufficient data to determine if TLT1V's interest payments on its debt are well covered by EBIT.
What is Teleste's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: TLT1V's dividend (2.09%) isn’t notable compared to the bottom 25% of dividend payers in the Finnish market (2.37%).
High Dividend: TLT1V's dividend (2.09%) is low compared to the top 25% of dividend payers in the Finnish market (4.89%).
Stability and Growth of Payments
Stable Dividend: TLT1V's dividend payments have been volatile in the past 10 years.
Growing Dividend: TLT1V's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (32.7%), TLT1V's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: TLT1V's dividends in 3 years are forecast to be well covered by earnings (22.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jukka Rinnevaara (58yo)
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 ...
CEO Compensation Analysis
Compensation vs Market: Jukka's total compensation ($USD605.48K) is above average for companies of similar size in the Finnish market ($USD326.55K).
Compensation vs Earnings: Jukka's compensation has been consistent with company performance over the past year.
|President & CEO||17.58yrs||€535.00k||0.57% €498.9k|
|Chief Financial Officer||6.42yrs||no data||0.046% €40.4k|
|Senior Vice President of Operations||12.33yrs||no data||0.059% €51.6k|
|Senior Vice President of Video Security & Information||3.5yrs||no data||0.061% €52.8k|
|Deputy CEO & Head of Corporate Business Development and Legal Affairs||no data||no data||0.061% €52.9k|
|Vice President of Marketing and Channel Sales||8.83yrs||no data||no data|
|Senior Vice President of People & Competence||1.42yrs||no data||no data|
|Senior Vice President of Network Products||13.42yrs||no data||0.038% €33.3k|
|Senior Vice President of Research & Development||7.42yrs||no data||0.025% €22.2k|
Experienced Management: TLT1V's management team is seasoned and experienced (8.1 years average tenure).
|Independent Director||12.17yrs||€32.00k||0.14% €120.6k|
|Independent Director||2.17yrs||€32.00k||0.022% €19.5k|
|Chairman of the Board||0.17yr||€32.00k||0.037% €32.6k|
|Independent Director||1.17yrs||€32.00k||0.012% €10.4k|
|Non-Independent Director||1.17yrs||€33.00k||0.017% €15.1k|
|Director||0.17yr||no data||no data|
Experienced Board: TLT1V's board of directors are not considered experienced ( 1.2 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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Teleste Corporation's company bio, employee growth, exchange listings and data sources
- Name: Teleste Corporation
- Ticker: TLT1V
- Exchange: HLSE
- Founded: 1954
- Industry: Communications Equipment
- Sector: Tech
- Market Cap: €87.040m
- Shares outstanding: 18.21m
- Website: https://www.teleste.com
Number of Employees
- Teleste Corporation
- Telestenkatu 1
- Finland Proper
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|TLT1V||HLSE (OMX Nordic Exchange Helsinki)||Yes||Ordinary Shares||FI||EUR||Mar 1999|
|TS6||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Mar 1999|
|0K1Q||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||EUR||Mar 1999|
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, the company 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 Littoinen, Finland.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/06/07 00:14|
|End of Day Share Price||2020/06/05 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.