Stock Analysis Report

Przedsiebiorstwa Telekomunikacyjnego TELGAM

Executive Summary

Przedsiebiorstwa Telekomunikacyjnego TELGAM S.A.


Became profitable this year

Risk Analysis

Earnings have declined by -61.09% per year over past 5 years

Makes less than USD$1m in revenue (PLN2M)

Does not have a meaningful market cap (PLN5M)

Highly volatile share price over past 3 months

+ 1 more risk

Snowflake Analysis

Excellent balance sheet and overvalued.

Share Price & News

How has Przedsiebiorstwa Telekomunikacyjnego TELGAM's share price performed over time and what events caused price changes?

Latest Share Price and Events

Stable Share Price: TLG's share price has been volatile over the past 3 months.

Market Performance

7 Day Return




PL Telecom


PL Market

1 Year Return




PL Telecom


PL Market

Return vs Industry: TLG underperformed the Polish Telecom industry which returned 25.9% over the past year.

Return vs Market: TLG exceeded the Polish Market which returned -7.2% over the past year.

Shareholder returns

7 Day13.6%2.7%-0.2%
30 Day7.4%-5.5%-2.1%
90 Day17.8%9.0%0.1%
1 Year22.3%22.3%26.0%25.9%-4.5%-7.2%
3 Year-30.9%-30.9%40.8%36.8%-6.7%-13.3%
5 Year-30.9%-30.9%-12.3%-23.0%2.2%-10.7%

Price Volatility Vs. Market

How volatile is Przedsiebiorstwa Telekomunikacyjnego TELGAM's share price compared to the market and industry in the last 5 years?

Simply Wall St News


Is Przedsiebiorstwa Telekomunikacyjnego TELGAM undervalued compared to its fair value and its price relative to the market?


Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate TLG's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate TLG's fair value to establish if it is undervalued.

Price To Earnings Ratio

PE vs Industry: TLG is poor value based on its PE Ratio (124x) compared to the Telecom industry average (24.7x).

PE vs Market: TLG is poor value based on its PE Ratio (124x) compared to the Polish market (12.1x).

Price to Earnings Growth Ratio

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

Price to Book Ratio

PB vs Industry: TLG is good value based on its PB Ratio (0.9x) compared to the PL Telecom industry average (1.1x).

Next Steps

Future Growth

How is Przedsiebiorstwa Telekomunikacyjnego TELGAM forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?


Forecasted Telecom 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 Przedsiebiorstwa Telekomunikacyjnego TELGAM 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.

Next Steps

Past Performance

How has Przedsiebiorstwa Telekomunikacyjnego TELGAM performed over the past 5 years?


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: TLG has a large one-off gain of PLN55.3K impacting its December 31 2019 financial results.

Growing Profit Margin: TLG became profitable in the past.

Past Earnings Growth Analysis

Earnings Trend: TLG's earnings have declined by -61.1% per year over the past 5 years.

Accelerating Growth: TLG has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: TLG has become profitable in the last year, making it difficult to compare its past year earnings growth to the Telecom industry (104.3%).

Return on Equity

High ROE: TLG's Return on Equity (0.7%) is considered low.

Return on Assets

Return on Capital Employed

Next Steps

Financial Health

How is Przedsiebiorstwa Telekomunikacyjnego TELGAM's financial position?

Financial Position Analysis

Short Term Liabilities: TLG's short term assets (PLN1.2M) exceed its short term liabilities (PLN276.5K).

Long Term Liabilities: TLG's short term assets (PLN1.2M) do not cover its long term liabilities (PLN5.2M).

Debt to Equity History and Analysis

Debt Level: TLG is debt free.

Reducing Debt: TLG has no debt compared to 5 years ago when its debt to equity ratio was 0.08%.

Debt Coverage: TLG has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: TLG has no debt, therefore coverage of interest payments is not a concern.

Balance Sheet

Inventory Level: TLG has a high level of physical assets or inventory.

Debt Coverage by Assets: TLG's debt is not covered by short term assets (assets are -8.2x debt).

Next Steps


What is Przedsiebiorstwa Telekomunikacyjnego TELGAM's current dividend yield, its reliability and sustainability?

Dividend Yield vs Market


Current dividend yield vs market & industry

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

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

Stability and Growth of Payments

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

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

Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.

Future Payout to Shareholders

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

Next Steps


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


Aleksander Stojek 0




Mr. Aleksander Stojek has been President of Management Board at Przedsiebiorstwo Telekomunikacyjne Telgam Spólka Akcyjna since 2011. Mr. Stojek served as Head of Regional Sales Department at TP S.A. Group  ...


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

Przedsiebiorstwa Telekomunikacyjnego TELGAM S.A.'s company bio, employee growth, exchange listings and data sources

Key Information

  • Name: Przedsiebiorstwa Telekomunikacyjnego TELGAM S.A.
  • Ticker: TLG
  • Exchange: WSE
  • Founded: 1996
  • Industry: Integrated Telecommunication Services
  • Sector: Telecom
  • Market Cap: zł4.547m
  • Shares outstanding: 28.60m
  • Website:


  • Przedsiebiorstwa Telekomunikacyjnego TELGAM S.A.
  • ul. Mickiewicza 148 A
  • Jaslo
  • 38-200
  • Poland


TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TLGWSE (Warsaw Stock Exchange)YesBearer SharesPLPLNJun 2013


Przedsiebiorstwa Telekomunikacyjnego TELGAM S.A. provides Internet, television, telephony, and IT networks and audit solutions in Poland. The company offers a range of telecommunication services, including Internet, mobile telephony, fixed telephony, television, digital links, fiber optics, IP telephony, computer networks management and construction, and professional and expert advisory services. It also provides equipment, such as mobile phones, control panels, servers, computers, routers, etc.; and fiber optic Internet access. In addition, the company offers computer and networking equipment, and visual monitoring systems; and computer network and Website audit services. It serves individuals, enterprises, and institutions. The company was founded in 1996 and is based in Jaslo, Poland. 

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/18 22:21
End of Day Share Price2020/02/18 00:00
Annual Earnings2019/12/31

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.