Telesat Corp Stock Fundamentals
| TSAT Stock | 16.75 0.69 4.30% |
Telesat Corp fundamentals help investors to digest information that contributes to Telesat Corp's financial success or failures. It also enables traders to predict the movement of Telesat Stock. The fundamental analysis module provides a way to measure Telesat Corp's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Telesat Corp stock.
At this time, Telesat Corp's Total Other Income Expense Net is very stable compared to the past year. As of the 24th of November 2024, Tax Provision is likely to grow to about 94.1 M, while Depreciation And Amortization is likely to drop about 189.3 M. Telesat | Select Account or Indicator |
Telesat Corp Company Return On Equity Analysis
Telesat Corp's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Telesat Corp Return On Equity | 0.0453 |
Most of Telesat Corp's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Telesat Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Telesat Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for Telesat Corp is extremely important. It helps to project a fair market value of Telesat Stock properly, considering its historical fundamentals such as Return On Equity. Since Telesat Corp's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Telesat Corp's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Telesat Corp's interrelated accounts and indicators.
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For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Telesat Total Stockholder Equity
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Based on the latest financial disclosure, Telesat Corp has a Return On Equity of 0.0453. This is 100.38% lower than that of the Communications Equipment sector and 100.9% lower than that of the Information Technology industry. The return on equity for all Canada stocks is 114.61% lower than that of the firm.
Telesat Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Telesat Corp's current stock value. Our valuation model uses many indicators to compare Telesat Corp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Telesat Corp competition to find correlations between indicators driving Telesat Corp's intrinsic value. More Info.Telesat Corp is rated second in return on equity category among its peers. It also is rated second in return on asset category among its peers reporting about 0.58 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Telesat Corp is roughly 1.72 . At this time, Telesat Corp's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Telesat Corp by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Telesat Corp's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Telesat Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Telesat Corp's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Telesat Corp could also be used in its relative valuation, which is a method of valuing Telesat Corp by comparing valuation metrics of similar companies.Telesat Corp is currently under evaluation in return on equity category among its peers.
Telesat Corp Current Valuation Drivers
We derive many important indicators used in calculating different scores of Telesat Corp from analyzing Telesat Corp's financial statements. These drivers represent accounts that assess Telesat Corp's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Telesat Corp's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 499.3M | 318.8M | 435.6M | 125.0M | 192.2M | 182.6M | |
| Enterprise Value | 3.7B | 2.7B | 2.8B | 2.3B | 2.0B | 1.9B |
Telesat Fundamentals
| Return On Equity | 0.0453 | ||||
| Return On Asset | 0.0263 | ||||
| Profit Margin | 0.05 % | ||||
| Operating Margin | 0.41 % | ||||
| Current Valuation | 2.09 B | ||||
| Shares Outstanding | 13.94 M | ||||
| Shares Owned By Insiders | 8.88 % | ||||
| Shares Owned By Institutions | 91.12 % | ||||
| Number Of Shares Shorted | 18.89 K | ||||
| Price To Book | 0.32 X | ||||
| Price To Sales | 1.31 X | ||||
| Revenue | 704.16 M | ||||
| Gross Profit | 502.18 M | ||||
| EBITDA | 499.61 M | ||||
| Net Income | 157.12 M | ||||
| Total Debt | 3.23 B | ||||
| Book Value Per Share | 48.63 X | ||||
| Cash Flow From Operations | 169.09 M | ||||
| Short Ratio | 4.91 X | ||||
| Earnings Per Share | 3.37 X | ||||
| Target Price | 22.52 | ||||
| Number Of Employees | 490 | ||||
| Beta | 2.24 | ||||
| Market Capitalization | 845.42 M | ||||
| Total Asset | 6.27 B | ||||
| Retained Earnings | 534.06 M | ||||
| Working Capital | 1.68 B | ||||
| Net Asset | 6.27 B |
About Telesat Corp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Telesat Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Telesat Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Telesat Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 55.1 M | 55.6 M | |
| Total Revenue | 704.2 M | 689 M | |
| Cost Of Revenue | 352.2 M | 369.8 M | |
| Stock Based Compensation To Revenue | 0.05 | 0.05 | |
| Sales General And Administrative To Revenue | 0.17 | 0.13 | |
| Research And Ddevelopement To Revenue | 0.08 | 0.08 | |
| Capex To Revenue | 0.20 | 0.14 | |
| Revenue Per Share | 50.60 | 29.50 | |
| Ebit Per Revenue | 0.81 | 0.42 |
Pair Trading with Telesat Corp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Telesat Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Telesat Corp will appreciate offsetting losses from the drop in the long position's value.Moving together with Telesat Stock
| 0.7 | WINS | Winshear Gold Corp Earnings Call This Week | PairCorr |
Moving against Telesat Stock
The ability to find closely correlated positions to Telesat Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Telesat Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Telesat Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Telesat Corp to buy it.
The correlation of Telesat Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Telesat Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Telesat Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Telesat Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Telesat Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Telesat Stock, please use our How to Invest in Telesat Corp guide.You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.