TELSTRA GROUP LIMITED (TLS)
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TLS

TLS - TELSTRA GROUP LIMITED

FNArena Sector : Telecommunication
Year End: June
GICS Industry Group : Telecommunication Services
Debt/EBITDA: 2.18
Index: ASX20 | ASX50 | ASX100 | ASX200 | ASX300 | ALL-ORDS

Telstra is Australia's largest telecommunications company which builds and operates telecommunications networks. It provides voice, mobile, internet access, pay TV and related products and services. Formerly government owned, Telstra was privatised in stages with the first tranche of shares listed in 1997.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$4.16

24 Feb
2025

0.010

OPEN

$4.15

0.24%

HIGH

$4.21

34,127,000

LOW

$4.14

TARGET
$4.238

+0.03 change from previous day

 1.9% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
5GG . 5GN . ABB . CNU . ESK . FSG . HTA . MAQ . SLC . SPK . ST1 . TPG . TPG . TUA .
FNARENA'S MARKET CONSENSUS FORECASTS
TLS: 1
Title FY23
Actual		 FY24
Actual		 FY25
Forecast		 FY26
Forecast
EPS (cps) xxx 14.1 19.1 xxx
DPS (cps) xxx 18.0 19.0 xxx
EPS Growth xxx - 15.9% 36.2% xxx
DPS Growth xxx 5.9% 5.6% xxx
PE Ratio xxx N/A 21.7 xxx
Dividend Yield xxx N/A 4.6% xxx
Div Pay Ratio(%) xxx 128.1% 99.3% xxx

Dividend yield today if purchased 3 years ago: 4.57%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 4.34

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 28/08 - ex-div 9c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2025 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx14.1
DPS All xxxxxxxxxxxxxxx18.0
Sales/Revenue xxxxxxxxxxxxxxx22,928.0 M
Book Value Per Share xxxxxxxxxxxxxxx129.1
Net Operating Cash Flow xxxxxxxxxxxxxxx6,452.0 M
Net Profit Margin xxxxxxxxxxxxxxx7.07 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx10.70 %
Return on Invested Capital xxxxxxxxxxxxxxx5.81 %
Return on Assets xxxxxxxxxxxxxxx3.58 %
Return on Equity xxxxxxxxxxxxxxx10.70 %
Return on Total Capital xxxxxxxxxxxxxxx9.70 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx2,142.0 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201920202021202220232024
Short-Term Debt xxxxxxxxxxxxxxx4,228 M
Long Term Debt xxxxxxxxxxxxxxx12,740 M
Total Debt xxxxxxxxxxxxxxx16,968 M
Goodwill - Gross xxxxxxxxxxxxxxx3,783 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx1,046 M
Price To Book Value xxxxxxxxxxxxxxx2.80

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx5,064.0 M
Capex % of Sales xxxxxxxxxxxxxxx22.09 %
Cost of Goods Sold xxxxxxxxxxxxxxx17,211 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx2,420 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx244 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.3

No. Of Recommendations

6
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Morgans

xx/xx/xxxx

5

xxxxxx

$xx.xx

xx.xx%

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Macquarie

xx/xx/xxxx

3

xxxxxxxxx xx xxxxxxx xxxx xxxxxxxxxx

$xx.xx

xx.xx%

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Morgan Stanley

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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Ord Minnett

21/02/2025

1

Buy

$4.50

8.17%

Telstra's interim report release proved a good news event with the dividend matching market expectations, but earnings beat forecasts and the telco announced a $750m share buyback, with potentially more on the horizon.

Post the result, Ord Minnett has reduced EPS forecasts by -3%, -1% and -2.2%, respectively, highlighting this is merely an accounting adjustment. DPS estimates remain unchanged across the forecast horizon.

The broker declares its faith in Telstra’s dividend policy and the telco's profile has only been strengthened. Buy recommendation retained, as well as the target price of $4.50.

UBS

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Bell Potter

xx/xx/xxxx

3

xxxxxxxxx xx xxxx xxxx xxx

$xx.xx

xx.xx%

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Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

2

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Goldman Sachs

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Jarden

20/01/2025

2

Overweight

$4.20

0.96%

Jarden previews Telstra Group's upcoming 1H25 results on February 20. The broker expects underlying income growth of 0.6%, outperforming the consensus forecast for a decline of -1.1%, with operating expenses making up the difference.

The dividend per share is forecast to remain at 9c, based on a 99% payout ratio on EPS estimates. Jarden notes upside risk to this estimate, though the telco may be limited by available franking credits.

Potential surprises, according to the analyst, include postpaid net additions falling below consensus due to the 3G shutdown and prepaid subscriber pressures from cost-of-living factors potentially affecting postpaid numbers.

The stock is Overweight rated with an unchanged $4.20 target price.

FORECAST
Jarden forecasts a full year FY25 dividend of 18.50 cents and EPS of 19.20 cents.
Jarden forecasts a full year FY26 dividend of 21.00 cents and EPS of 21.10 cents.
Access Extra Coverage Research History >

TLS STOCK CHART

FNArena News on TLS

1
Weekly Ratings, Targets, Forecast Changes – 21-02-25

Feb 24 2025 - Weekly Reports
2
FNArena Corporate Results Monitor – 22-02-2025

Feb 22 2025 - Australia
3
Rudi’s View: Best Ideas & Conviction Calls

Feb 20 2025 - Rudi's View
4
Rudi Interviewed: Turning Laggards Into Winners

Feb 17 2025 - Rudi's View
5
Next Week At A Glance -17-21 Feb 2025

Feb 14 2025 - Weekly Reports

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Mar 18 2024 - Weekly Reports
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