Teleste Corporation provides video and broadband solutions, and network services in Finland and internationally.
Price History & Performance
|Historical stock prices|
|Current Share Price||€5.26|
|52 Week High||€3.71|
|52 Week Low||€6.66|
|1 Month Change||0.77%|
|3 Month Change||-15.43%|
|1 Year Change||34.87%|
|3 Year Change||-18.07%|
|5 Year Change||-46.87%|
|Change since IPO||-37.60%|
Recent News & Updates
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...
|TLT1V||FI Communications||FI Market|
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.
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
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
|TLT1V fundamental statistics|
Is TLT1V overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|TLT1V income statement (TTM)|
|Cost of Revenue||€71.66m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Nov 04, 2021
|Earnings per share (EPS)||0.40|
|Net Profit Margin||4.83%|
How did TLT1V perform over the long term?See historical performance and comparison
2.3%Current Dividend Yield
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 (€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).
How is Teleste forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
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
How has Teleste performed over the past 5 years?
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.
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).
What is Teleste current dividend yield, its reliability and sustainability?
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).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jukka Rinnevaara (60 yo)
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.
Experienced Management: TLT1V's management team is seasoned and experienced (9.5 years average tenure).
Experienced Board: TLT1V's board of directors are not considered experienced ( 2.5 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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Teleste Corporation's employee growth, exchange listings and data sources
- 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
- Teleste Corporation
- Telestenkatu 1
- Finland Proper
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/15 22:36|
|End of Day Share Price||2021/10/15 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.