company background image
TLRD

Telrad NetworksTASE:TLRD Stock Report

Market Cap

₪166.1m

7D

-8.6%

1Y

-3.7%

Updated

27 Nov, 2021

Data

Company Financials
TLRD fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance5/6
Financial Health5/6
Dividends0/6

TLRD Stock Overview

Telrad Networks Ltd develops and manufactures LTE telecommunications solutions to enable wireless broadband connectivity worldwide.

Telrad Networks Competitors

Ubiquiti

NYSE:UI

US$18.4b

Airtel Africa

LSE:AAF

UK£4.6b

Price History & Performance

Summary of all time highs, changes and price drops for Telrad Networks
Historical stock prices
Current Share Price₪3.17
52 Week High₪4.70
52 Week Low₪2.81
Beta1.66
1 Month Change-10.49%
3 Month Change-15.66%
1 Year Change-3.65%
3 Year Change19.61%
5 Year Changen/a
Change since IPO-48.40%

Recent News & Updates

Nov 23
Telrad Networks (TLV:TLRD) Seems To Use Debt Quite Sensibly

Telrad Networks (TLV:TLRD) Seems To Use Debt Quite Sensibly

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

May 19
Is Telrad Networks (TLV:TLRD) Using Too Much Debt?

Is Telrad Networks (TLV:TLRD) Using Too Much Debt?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

Mar 23
Telrad Networks' (TLV:TLRD) Performance Is Even Better Than Its Earnings Suggest

Telrad Networks' (TLV:TLRD) Performance Is Even Better Than Its Earnings Suggest

The subdued stock price reaction suggests that Telrad Networks Ltd's ( TLV:TLRD ) strong earnings didn't offer any...

Shareholder Returns

TLRDIL CommunicationsIL Market
7D-8.6%-0.2%-0.08%
1Y-3.7%-3.1%38.7%

Return vs Industry: TLRD matched the IL Communications industry which returned -3.1% over the past year.

Return vs Market: TLRD underperformed the IL Market which returned 38.7% over the past year.

Price Volatility

Is TLRD's price volatile compared to industry and market?
TLRD volatility
TLRD Average Weekly Movement4.8%
Communications Industry Average Movement5.9%
Market Average Movement4.4%
10% most volatile stocks in IL Market8.2%
10% least volatile stocks in IL Market2.7%

Stable Share Price: TLRD is not significantly more volatile than the rest of IL stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: TLRD's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19511,592Moti Elmaliachhttps://www.telrad.com

Telrad Networks Ltd develops and manufactures LTE telecommunications solutions to enable wireless broadband connectivity worldwide. It offers LTE base stations; LTE network devices; and LTE CPE products, as well as related integration and support services. The company serves operators, such as end-to-end LTE solutions, telecom operators, broadband service providers, and citizen’s broadband radio services in energy and utility government and municipality markets.

Telrad Networks Fundamentals Summary

How do Telrad Networks's earnings and revenue compare to its market cap?
TLRD fundamental statistics
Market CapUS$52.14m
Earnings (TTM)US$7.00m
Revenue (TTM)US$186.36m

7.4x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TLRD income statement (TTM)
RevenueUS$186.36m
Cost of RevenueUS$151.61m
Gross ProfitUS$34.75m
ExpensesUS$27.74m
EarningsUS$7.00m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.13
Gross Margin18.65%
Net Profit Margin3.76%
Debt/Equity Ratio91.7%

How did TLRD perform over the long term?

See historical performance and comparison

Valuation

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

7.45x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: TLRD (₪3.17) is trading above our estimate of fair value (₪1.61)

Significantly Below Fair Value: TLRD is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: TLRD is good value based on its PE Ratio (7.4x) compared to the Asian Communications industry average (30.8x).

PE vs Market: TLRD is good value based on its PE Ratio (7.4x) compared to the IL market (15.1x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate TLRD's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: TLRD is good value based on its PB Ratio (1.7x) compared to the XA Communications industry average (2x).


Future Growth

How is Telrad Networks forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

30.6%

Forecasted Tech industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Telrad Networks has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Telrad Networks performed over the past 5 years?

-20.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TLRD has a large one-off gain of $2.9M impacting its September 30 2021 financial results.

Growing Profit Margin: TLRD's current net profit margins (3.8%) are higher than last year (2%).


Past Earnings Growth Analysis

Earnings Trend: TLRD has become profitable over the past 5 years, growing earnings by -20.5% per year.

Accelerating Growth: TLRD's earnings growth over the past year (101.8%) exceeds its 5-year average (-20.5% per year).

Earnings vs Industry: TLRD earnings growth over the past year (101.8%) exceeded the Communications industry 22.7%.


Return on Equity

High ROE: TLRD's Return on Equity (22.8%) is considered high.


Financial Health

How is Telrad Networks's financial position?


Financial Position Analysis

Short Term Liabilities: TLRD's short term assets ($77.0M) exceed its short term liabilities ($70.0M).

Long Term Liabilities: TLRD's short term assets ($77.0M) exceed its long term liabilities ($22.7M).


Debt to Equity History and Analysis

Debt Level: TLRD's net debt to equity ratio (48.1%) is considered high.

Reducing Debt: TLRD's debt to equity ratio has reduced from 1864.8% to 91.7% over the past 5 years.

Debt Coverage: TLRD's debt is well covered by operating cash flow (35.3%).

Interest Coverage: TLRD's interest payments on its debt are well covered by EBIT (3.8x coverage).


Balance Sheet


Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate TLRD's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate TLRD's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if TLRD's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if TLRD's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: TLRD is not paying a notable dividend for the IL market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of TLRD's dividend in 3 years as they are not forecast to pay a notable one for the IL market.


Next Steps

Management

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

2.6yrs

Average management tenure


CEO

Moti Elmaliach (59 yo)

2.58yrs

Tenure

US$528,000

Compensation

Mr. Moti Elmaliach serves as Chairman of the Board of Directors at Tafnit Discount Asset Management Ltd. He served as Chief Operating Officer of Bezeq International Ltd. since January 1, 2019.Mr. Elmaliac...


CEO Compensation Analysis

Compensation vs Market: Insufficient data to establish whether Moti's total compensation is reasonable compared to companies of similar size in the IL market.

Compensation vs Earnings: Insufficient data to compare Moti's compensation with company performance.


Leadership Team

Experienced Management: TLRD's management team is considered experienced (2.6 years average tenure).


Board Members

Experienced Board: TLRD's board of directors are considered experienced (6 years average tenure).


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

Telrad Networks Ltd's employee growth, exchange listings and data sources


Key Information

  • Name: Telrad Networks Ltd
  • Ticker: TLRD
  • Exchange: TASE
  • Founded: 1951
  • Industry: Communications Equipment
  • Sector: Tech
  • Market Cap: ₪166.141m
  • Shares outstanding: 52.48m
  • Website: https://www.telrad.com

Number of Employees


Location

  • Telrad Networks Ltd
  • 1 Bat Sheva Street
  • PO Box 6118
  • Lod
  • 7116002
  • Israel

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/27 17:16
End of Day Share Price2021/11/25 00:00
Earnings2021/09/30
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.