1-Star Price
INVESTOR
5-Star Price
INVESTOR
Economic Moat
INVESTOR
Capital Allocation
INVESTOR
The 10% rise in Telstra's fiscal 2023 underlying EBITDA to AUD 7,950 million was in line with our and market expectations. However, investors are fixating on the poor progress of several units towards management's T25 plan aspirations and negative strategic signals. We are unperturbed and maintain our AUD 4.50 fair value estimate for narrow-moat-rated Telstra, with value emerging at current prices.
Telstra is Australia’s largest telecommunications group, with material market shares in voice, mobile, data and internet, spanning retail, corporate and wholesale segments. Its fixed-line copper network will gradually be wound down as the government-owned National Broadband Network rolls out to all Australian households, but the group will be compensated accordingly. Investments into network applications and services, media, technology and overseas are being made to replace the expected lost fixed-line earnings longer term, while continuing cost-cuts are also critical.
Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of TLS’s competitive advantage.
Telstra Group Ltd
XASX: TLS
| TPG Telecom Ltd Ordinary Shares
XASX: TPG
| Singapore Telecommunications Ltd
XSES: Z74
| Spark New Zealand Ltd
XNZE: SPK
| |
Price
| 3.85 | 5.46 | 2.43 | 4.76 |
Currency
| AUD | AUD | SGD | NZD |
Change
| +$0.01 (0.26%) | −$0.05 (0.91%) | −$0.03 (1.22%) | −$0.03 (0.63%) |
Market Cap
| 44.48 Bil | 10.15 Bil | 40.12 Bil | 8.78 Bil |
Industry
| Telecom Services | Telecom Services | Telecom Services | Telecom Services |
Sector
|
Communication Services
|
Communication Services
|
Communication Services
|
Communication Services
|
* Trading data in this section is delayed by at least 15 minutes.
Yes. TLS has a forward dividend yield of 4.42%.
See
TLS’s full dividends and stock split history
on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks,
to compare the relationship between a stock’s price and how it rewards stockholders through dividends.
The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.
Learn more about dividend yield.
TLS’s market cap is 44.48 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares.
It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the
largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.
Learn more about market capitalization.
TLS’s stock style is Large Core.
Style is an investment factor that has a meaningful impact on investment risk and returns.
Style is calculated by combining value and growth scores, which are first individually calculated.
High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.
Learn more about style.
TLS’s price/sales is 1.99.
Price/sales represents the amount an investor is willing to pay for a dollar generated from
a particular company’s sales or revenues.
TLS’s price/forward earnings is 23.05.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates.
The lower the Forward P/E, the cheaper the stock.
TLS’s price/book is 2.89.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets,
based on historical, rather than current, valuations. Historical valuations generally do not reflect
a company’s current market value. Value investors frequently look for companies that have low price/book ratios.
See TLS’s valuation ratios compared to the Market Index.
TLS’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.
Compare TLS’s historical performance against its industry peers and the overall market.
