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TLT1

TelesteHLSE:TLT1V Stock Report

Market Cap

€95.1m

7D

0.8%

1Y

34.9%

Updated

15 Oct, 2021

Data

Company Financials +
TLT1V fundamental analysis
Snowflake Score
Valuation5/6
Future Growth3/6
Past Performance4/6
Financial Health4/6
Dividends3/6

TLT1V Overview

Teleste Corporation provides video and broadband solutions, and network services in Finland and internationally.

Teleste Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Teleste
Historical stock prices
Current Share Price€5.26
52 Week High€3.71
52 Week Low€6.66
Beta1.06
1 Month Change0.77%
3 Month Change-15.43%
1 Year Change34.87%
3 Year Change-18.07%
5 Year Change-46.87%
Change since IPO-37.60%

Recent News & Updates

May 05
Teleste (HEL:TLT1V) Seems To Use Debt Quite Sensibly

Teleste (HEL:TLT1V) Seems To Use Debt Quite Sensibly

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...

Shareholder Returns

TLT1VFI CommunicationsFI Market
7D0.8%2.7%2.0%
1Y34.9%26.2%17.9%

Return vs Industry: TLT1V exceeded the Finnish Communications industry which returned 25.7% over the past year.

Return vs Market: TLT1V exceeded the Finnish Market which returned 17.5% over the past year.

Price Volatility

Is TLT1V's price volatile compared to industry and market?
TLT1V volatility
TLT1V Beta1.06
Industry Beta0.68
Market Beta1

Stable Share Price: TLT1V is not significantly more volatile than the rest of Finnish stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: TLT1V's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1954863Jukka Rinnevaarahttps://www.teleste.com

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 construction, rebuilding, upgrading, planning, and maintenance services for cable networks.

Teleste Fundamentals Summary

How do Teleste's earnings and revenue compare to its market cap?
TLT1V fundamental statistics
Market Cap€95.09m
Earnings (TTM)€7.27m
Revenue (TTM)€150.61m

13.2x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TLT1V income statement (TTM)
Revenue€150.61m
Cost of Revenue€71.66m
Gross Profit€78.95m
Expenses€71.68m
Earnings€7.27m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Nov 04, 2021

Earnings per share (EPS)0.40
Gross Margin52.42%
Net Profit Margin4.83%
Debt/Equity Ratio47.2%

How did TLT1V perform over the long term?

See historical performance and comparison

Dividends

2.3%

Current Dividend Yield

30%

Payout Ratio

Valuation

Is Teleste undervalued compared to its fair value and its price relative to the market?

49.1%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: TLT1V (€5.26) is trading below our estimate of fair value (€10.33)

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 (13.2x) compared to the European Communications industry average (31.7x).

PE vs Market: TLT1V is good value based on its PE Ratio (13.2x) compared to the Finnish market (24.2x).


Price to Earnings Growth Ratio

PEG Ratio: TLT1V is poor value based on its PEG Ratio (1.8x)


Price to Book Ratio

PB vs Industry: TLT1V is good value based on its PB Ratio (1.5x) compared to the XE Communications industry average (3.3x).


Future Growth

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

7.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: TLT1V's forecast earnings growth (7.2% per year) is above the savings rate (0.2%).

Earnings vs Market: TLT1V's earnings (7.2% per year) are forecast to grow faster than the Finnish market (6.9% per year).

High Growth Earnings: TLT1V's earnings are forecast to grow, but not significantly.

Revenue vs Market: TLT1V's revenue (6.8% per year) is forecast to grow faster than the Finnish market (3.7% per year).

High Growth Revenue: TLT1V's revenue (6.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if TLT1V's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Teleste performed over the past 5 years?

-6.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TLT1V has high quality earnings.

Growing Profit Margin: TLT1V's current net profit margins (4.8%) are higher than last year (1.5%).


Past Earnings Growth Analysis

Earnings Trend: TLT1V's earnings have declined by 6.8% per year over the past 5 years.

Accelerating Growth: TLT1V's earnings growth over the past year (115.3%) exceeds its 5-year average (-6.8% per year).

Earnings vs Industry: TLT1V earnings growth over the past year (115.3%) exceeded the Communications industry 51%.


Return on Equity

High ROE: TLT1V's Return on Equity (10.7%) is considered low.


Financial Health

How is Teleste's financial position?


Financial Position Analysis

Short Term Liabilities: TLT1V's short term assets (€78.1M) exceed its short term liabilities (€40.6M).

Long Term Liabilities: TLT1V's short term assets (€78.1M) exceed its long term liabilities (€28.1M).


Debt to Equity History and Analysis

Debt Level: TLT1V's debt to equity ratio (47.2%) is considered high.

Reducing Debt: TLT1V's debt to equity ratio has increased from 42.7% to 47.2% over the past 5 years.

Debt Coverage: TLT1V's debt is well covered by operating cash flow (45.3%).

Interest Coverage: TLT1V's interest payments on its debt are well covered by EBIT (56.6x coverage).


Balance Sheet


Dividend

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

2.28%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: TLT1V's dividend (2.28%) is higher than the bottom 25% of dividend payers in the Finnish market (1.66%).

High Dividend: TLT1V's dividend (2.28%) is low compared to the top 25% of dividend payers in the Finnish market (3.56%).


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 not increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (30%), 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 (47.2% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

9.5yrs

Average management tenure


CEO

Jukka Rinnevaara (60 yo)

18.92yrs

Tenure

€397

Compensation

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 ($USD460.56) is below average for companies of similar size in the Finnish market ($USD301.86K).

Compensation vs Earnings: Jukka's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: TLT1V's management team is seasoned and experienced (9.5 years average tenure).


Board Members

Experienced Board: TLT1V's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Teleste Corporation's employee growth, exchange listings and data sources


Key Information

  • Name: Teleste Corporation
  • Ticker: TLT1V
  • Exchange: HLSE
  • Founded: 1954
  • Industry: Communications Equipment
  • Sector: Tech
  • Market Cap: €95.095m
  • Shares outstanding: 18.22m
  • Website: https://www.teleste.com

Number of Employees


Location

  • Teleste Corporation
  • Telestenkatu 1
  • Littoinen
  • Finland Proper
  • 20660
  • Finland

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/15 22:36
End of Day Share Price2021/10/15 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.