Telecom Plus Plc provides a range of utility services in the United Kingdom.
Telecom Plus Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||UK£10.10|
|52 Week High||UK£9.97|
|52 Week Low||UK£15.14|
|1 Month Change||-2.89%|
|3 Month Change||-12.78%|
|1 Year Change||-23.83%|
|3 Year Change||-1.75%|
|5 Year Change||-7.34%|
|Change since IPO||1,920.00%|
Recent News & Updates
Telecom Plus' (LON:TEP) Dividend Will Be UK£0.30
Telecom Plus PLC ( LON:TEP ) will pay a dividend of UK£0.30 on the 30th of July. This means the annual payment is 5.1...
Is Telecom Plus (LON:TEP) Using Too Much Debt?
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Is There An Opportunity With Telecom Plus PLC's (LON:TEP) 28% Undervaluation?
In this article we are going to estimate the intrinsic value of Telecom Plus PLC ( LON:TEP ) by taking the expected...
|TEP||GB Integrated Utilities||GB Market|
Return vs Industry: TEP underperformed the UK Integrated Utilities industry which returned 13.1% over the past year.
Return vs Market: TEP underperformed the UK Market which returned 19.2% over the past year.
Stable Share Price: TEP is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: TEP's weekly volatility (3%) has been stable over the past year.
About the Company
Telecom Plus Plc provides a range of utility services in the United Kingdom. It offers various services, including gas, electricity, fixed line telephony, mobile telephony, broadband, and insurance, as well as bill protection and life cover, home insurance, boiler cover, and cashback card services under the Utility Warehouse and TML brands. The company was incorporated in 1996 and is based in London, the United Kingdom.
Is Telecom Plus 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: TEP (£10.1) is trading below our estimate of fair value (£18.89)
Significantly Below Fair Value: TEP is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: TEP is poor value based on its PE Ratio (24.3x) compared to the European Integrated Utilities industry average (16.8x).
PE vs Market: TEP is poor value based on its PE Ratio (24.3x) compared to the UK market (23.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate TEP's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TEP is overvalued based on its PB Ratio (3.7x) compared to the XE Integrated Utilities industry average (1.7x).
How is Telecom Plus forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if TEP's forecast earnings growth is above the savings rate (0.9%).
Earnings vs Market: Insufficient data to determine if TEP's earnings are forecast to grow faster than the UK market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: TEP's revenue (8.9% per year) is forecast to grow faster than the UK market (5% per year).
High Growth Revenue: TEP's revenue (8.9% 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 TEP's Return on Equity is forecast to be high in 3 years time
How has Telecom Plus performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TEP has high quality earnings.
Growing Profit Margin: TEP's current net profit margins (3.8%) are lower than last year (4.1%).
Past Earnings Growth Analysis
Earnings Trend: TEP's earnings have grown by 5.5% per year over the past 5 years.
Accelerating Growth: TEP's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: TEP had negative earnings growth (-9.3%) over the past year, making it difficult to compare to the Integrated Utilities industry average (28.8%).
Return on Equity
High ROE: TEP's Return on Equity (15.3%) is considered low.
How is Telecom Plus's financial position?
Financial Position Analysis
Short Term Liabilities: TEP's short term assets (£224.7M) exceed its short term liabilities (£152.7M).
Long Term Liabilities: TEP's short term assets (£224.7M) exceed its long term liabilities (£97.6M).
Debt to Equity History and Analysis
Debt Level: TEP's debt to equity ratio (42.1%) is considered high.
Reducing Debt: TEP's debt to equity ratio has increased from 35.3% to 42.1% over the past 5 years.
Debt Coverage: TEP's debt is well covered by operating cash flow (48.5%).
Interest Coverage: TEP's interest payments on its debt are well covered by EBIT (25.4x coverage).
What is Telecom Plus's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: TEP's dividend (5.64%) is higher than the bottom 25% of dividend payers in the UK market (1.34%).
High Dividend: TEP's dividend (5.64%) is in the top 25% of dividend payers in the UK market (3.92%)
Stability and Growth of Payments
Stable Dividend: TEP's dividends per share have been stable in the past 10 years.
Growing Dividend: TEP's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (137.2%), TEP's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: TEP's dividends in 3 years are forecast to be covered by earnings (85.8% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Andrew Lindsay (44 yo)
Mr. Andrew Lindsay, MBE, has been the Chief Executive Officer of Telecom Plus PLC since July 14, 2010 and served as its Chief Operating Officer since November 25, 2008. Mr. Lindsay joined Telecom plus PLC...
CEO Compensation Analysis
Compensation vs Market: Andrew's total compensation ($USD1.57M) is above average for companies of similar size in the UK market ($USD969.47K).
Compensation vs Earnings: Andrew's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Experienced Management: TEP's management team is considered experienced (3.7 years average tenure).
Experienced Board: TEP's board of directors are considered experienced (6.7 years average tenure).
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.
Telecom Plus Plc's employee growth, exchange listings and data sources
- Name: Telecom Plus Plc
- Ticker: TEP
- Exchange: LSE
- Founded: 1996
- Industry: Multi-Utilities
- Sector: Utilities
- Market Cap: UK£793.150m
- Shares outstanding: 78.53m
- Website: https://www.telecomplus.co.uk
Number of Employees
- Telecom Plus Plc
- Network HQ
- 508 Edgware Road
- Greater London
- NW9 5AB
- United Kingdom
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/18 17:33|
|End of Day Share Price||2021/09/17 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.