TELSTRA GROUP LIMITED (TLS)
Share Price Analysis and Chart

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TLS - TELSTRA GROUP LIMITED

FNArena Sector : Telecommunication
Year End: June
GICS Industry Group : Telecommunication Services
Debt/EBITDA: 2.06
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

$3.62

24 Jun
2024

-0.040

OPEN

$3.67

-1.09%

HIGH

$3.68

20,160,762

LOW

$3.61

TARGET
$4.008 10.7% 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 FY22
Actual
FY23
Actual
FY24
Forecast
FY25
Forecast
EPS (cps) xxx 16.7 18.2 xxx
DPS (cps) xxx 17.0 18.0 xxx
EPS Growth xxx 16.3% 8.7% xxx
DPS Growth xxx 3.0% 5.9% xxx
PE Ratio xxx N/A 19.9 xxx
Dividend Yield xxx N/A 5.0% xxx
Div Pay Ratio(%) xxx 101.8% 99.2% xxx

Dividend yield today if purchased 3 years ago: 4.74%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

4.64

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: 28/02 - ex-div 9c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx16.7
DPS All xxxxxxxxxxxxxxx17.0
Sales/Revenue xxxxxxxxxxxxxxx22,702.0 M
Book Value Per Share xxxxxxxxxxxxxxx133.3
Net Operating Cash Flow xxxxxxxxxxxxxxx6,243.0 M
Net Profit Margin xxxxxxxxxxxxxxx8.49 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx12.48 %
Return on Invested Capital xxxxxxxxxxxxxxx7.04 %
Return on Assets xxxxxxxxxxxxxxx4.45 %
Return on Equity xxxxxxxxxxxxxxx12.48 %
Return on Total Capital xxxxxxxxxxxxxxx9.92 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx1,805.0 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 201820192020202120222023
Short-Term Debt xxxxxxxxxxxxxxx3,110 M
Long Term Debt xxxxxxxxxxxxxxx12,756 M
Total Debt xxxxxxxxxxxxxxx15,866 M
Goodwill - Gross xxxxxxxxxxxxxxx3,555 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx932 M
Price To Book Value xxxxxxxxxxxxxxx3.22

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx3,870.0 M
Capex % of Sales xxxxxxxxxxxxxxx17.05 %
Cost of Goods Sold xxxxxxxxxxxxxxx16,948 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx2,533 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx355 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

0.4

No. Of Recommendations

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

UBS

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Ord Minnett

xx/xx/xxxx

2

xxxxxxxxxx

$xx.xx

xx.xx%

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Morgan Stanley

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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Morgans

22/05/2024

5

Downgrade to Reduce from Hold

$3.00

-17.13%

Morgans downgrades its rating for Telstra Group to Reduce from Hold and lowers the target to $3 from $4 due to a change in valuation method and lower forecasts.

The broker points out management was previously looking to unlock the value of mis-priced assets from inside the conglomerate, justifying a higher PE.

This aim has been reversed, observes the analyst, along with yesterday's announced reversal of the post-paid mobile CPI based price rise mechanism.

Following yesterday's announcement on organisational changes aimed at cost reductions, the broker lowers its FY24 EPS forecast by -5%, to reflect the impact of the one-off restructuring costs. FY25/26 forecasts were reduced by -11% reflecting lower earnings.

Management reaffirmed FY24 guidance and provided early FY25 underlying EBITDA guidance of between $8.4-8.7bn.

FORECAST
Morgans forecasts a full year FY24 dividend of 18.00 cents and EPS of 18.40 cents.
Morgans forecasts a full year FY25 dividend of 19.00 cents and EPS of 20.50 cents.

Macquarie

xx/xx/xxxx

3

xxxxxxxxx xx xxxxxxx xxxx xxxxxxxxxx

$xx.xx

xx.xx%

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Bell Potter

xx/xx/xxxx

1

xxxxxxx xx xxx xxxx xxxx

$xx.xx

xx.xx%

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Login above or Get a Free Trial

TLS STOCK CHART