TPG TELECOM LIMITED (TPG)
Share Price Analysis and Chart

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TPG - TPG TELECOM LIMITED

FNArena Sector : Telecommunication
Year End: December
GICS Industry Group : NONE
Debt/EBITDA: 3.4
Index: ASX200 | ASX300 | ALL-ORDS

TPG Telecom is an Australian telecommunications company providing consumer and business internet services and mobile phone services. In 2020 Vodaphone Hutchison merged with TPG Telecom and relisted under the same name.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$4.60

16 Jan
2025

0.130

OPEN

$4.53

2.91%

HIGH

$4.62

974,844

LOW

$4.51

TARGET
$4.85

-0.03 change from previous day

 5.4% 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 . TLS . TUA .
FNARENA'S MARKET CONSENSUS FORECASTS
TPG: 1
Title FY22
Actual		 FY23
Actual		 FY24
Forecast		 FY25
Forecast
EPS (cps) xxx 2.6 15.6 xxx
DPS (cps) xxx 18.0 17.7 xxx
EPS Growth xxx - 90.4% 100.0% xxx
DPS Growth xxx 2.9% - 1.9% xxx
PE Ratio xxx N/A 28.9 xxx
Dividend Yield xxx N/A 3.9% xxx
Div Pay Ratio(%) xxx 681.8% 113.6% xxx

Dividend yield today if purchased 3 years ago: 2.84%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 4.01

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: 14/03 - ex-div 9c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2025 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx2.6
DPS All xxxxxxxxxxxxxxx18.0
Sales/Revenue xxxxxxxxxxxxxxx5,533.0 M
Book Value Per Share xxxxxxxxxxxxxxx624.8
Net Operating Cash Flow xxxxxxxxxxxxxxx1,203.0 M
Net Profit Margin xxxxxxxxxxxxxxx0.89 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx0.42 %
Return on Invested Capital xxxxxxxxxxxxxxx0.28 %
Return on Assets xxxxxxxxxxxxxxx0.24 %
Return on Equity xxxxxxxxxxxxxxx0.42 %
Return on Total Capital xxxxxxxxxxxxxxx2.16 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx6.0 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 xxxxxxxxxxxxxxx122 M
Long Term Debt xxxxxxxxxxxxxxx6,188 M
Total Debt xxxxxxxxxxxxxxx6,310 M
Goodwill - Gross xxxxxxxxxxxxxxx8,515 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx116 M
Price To Book Value xxxxxxxxxxxxxxx0.83

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx1,154.0 M
Capex % of Sales xxxxxxxxxxxxxxx20.86 %
Cost of Goods Sold xxxxxxxxxxxxxxx4,769 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx380 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx3 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

-0.1

No. Of Recommendations

4
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Morgans

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

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Morgan Stanley

xx/xx/xxxx

5

xxxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
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Ord Minnett

15/10/2024

2

Downgrade to Accumulate from Buy

$5.25

14.13%

TPG Telecom has sold its fibre network infrastructure assets and its fixed-line enterprise, government and wholesale business to Vocus Group for $5.25bn.

While details haven't been provided, notes Ord Minnett, management will distribute net proceeds of between $4.65-4.75bn via a return of capital to shareholders and for investment in the mobile business.

The target price falls to $5.25 from $5.50 and the rating is downgraded to Accumulate from Buy.

While potential for share price upside exists, especially if the broker's capital management forecast is too low, the analyst is concerned by overhang risks given TPG's messy shareholder structure and history.

Macquarie

xx/xx/xxxx

-1

xx xxxxxx

xx.xx%

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UBS

xx/xx/xxxx

3

xxxxxxx

$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

Jarden

xx/xx/xxxx

2

xxxxxxxxxx

$xx.xx

xx.xx%

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Goldman Sachs

01/01/2025

5

Sell

$4.20

-8.70%

Goldman Sachs has reiterated its Sell rating for TPG Telecom as the broker foresees ongoing margin pressure, contrary to a more positive outlook for sector giant Telstra.

Price target is $4.20.

FORECAST
Goldman Sachs forecasts a full year FY24 EPS of 10.00 cents.
Goldman Sachs forecasts a full year FY25 EPS of 9.00 cents.
Access Extra Coverage Research History >

TPG STOCK CHART

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