Telesat Corp Stock Beta

TSAT Stock

USD 11.03 0.07 0.64%

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.

Total Current Liabilities Other Current Liab

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Telesat Corp Company Beta Analysis

Telesat Corp's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

Beta

Covariance

Variance

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Current Telesat Corp Beta

2.24

Most of Telesat Corp's fundamental indicators, such as Beta, 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 Beta 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 Beta. 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.

	Net Tangible Assets	Retained Earnings	Accounts Payable	Net Receivables	Deferred Long Term Liab	Total Current Assets	Common Stock	Property Plant Equipment	Total Assets	Total Stockholder Equity	Current Deferred Revenue	Net Debt	Good Will	Short Term Investments	Total Liab	Short Term Debt	Intangible Assets	Long Term Debt	Net Invested Capital	Capital Stock	Net Working Capital	Long Term Investments
Net Tangible Assets		0.99	0.21	-0.3	0.78	-0.79	0.69	0.48	-0.93	0.98	0.25	0.69	0.46	0.55	0.29	0.79	0.62	-0.87	0.72	0.93	-0.9	0.69
Retained Earnings	0.99		0.18	-0.31	0.78	-0.82	0.71	0.48	-0.88	0.98	0.23	0.67	0.38	0.55	0.24	0.78	0.55	-0.8	0.67	0.93	-0.9	0.68
Accounts Payable	0.21	0.18		0.31	0.02	0.18	-0.52	-0.32	-0.08	0.11	-0.03	0.07	-0.02	0.1	-0.03	0.09	0.01	-0.1	0.03	0.1	-0.1	0.07
Net Receivables	-0.3	-0.31	0.31		-0.18	0.33	-0.48	-0.31	0.27	-0.37	0.01	-0.24	-0.27	-0.12	-0.2	-0.22	-0.27	0.16	-0.39	-0.36	0.29	0.02
Deferred Long Term Liab	0.78	0.78	0.02	-0.18		-0.93	0.72	0.87	-0.79	0.83	0.19	0.94	0.65	0.76	0.69	0.96	0.82	-0.74	0.84	0.91	-0.93	0.86
Total Current Assets	-0.79	-0.82	0.18	0.33	-0.93		-0.89	-0.85	0.73	-0.88	-0.1	-0.87	-0.46	-0.76	-0.49	-0.91	-0.65	0.7	-0.71	-0.92	0.93	-0.78
Common Stock	0.69	0.71	-0.52	-0.48	0.72	-0.89		0.75	-0.69	0.78	0.16	0.66	0.39	0.54	0.34	0.71	0.54	-0.64	0.61	0.78	-0.77	0.61
Property Plant Equipment	0.48	0.48	-0.32	-0.31	0.87	-0.85	0.75		-0.56	0.61	0.0	0.9	0.62	0.77	0.77	0.87	0.77	-0.59	0.75	0.74	-0.75	0.69
Total Assets	-0.93	-0.88	-0.08	0.27	-0.79	0.73	-0.69	-0.56		-0.9	-0.45	-0.71	-0.71	-0.43	-0.5	-0.79	-0.81	0.87	-0.87	-0.88	0.88	-0.77
Total Stockholder Equity	0.98	0.98	0.11	-0.37	0.83	-0.88	0.78	0.61	-0.9		0.18	0.78	0.46	0.65	0.36	0.86	0.65	-0.85	0.75	0.98	-0.95	0.72
Current Deferred Revenue	0.25	0.23	-0.03	0.01	0.19	-0.1	0.16	0.0	-0.45	0.18		0.12	0.62	-0.45	0.37	0.11	0.48	0.01	0.48	0.18	-0.28	0.56
Net Debt	0.69	0.67	0.07	-0.24	0.94	-0.87	0.66	0.9	-0.71	0.78	0.12		0.68	0.81	0.79	0.98	0.85	-0.68	0.85	0.89	-0.91	0.84
Good Will	0.46	0.38	-0.02	-0.27	0.65	-0.46	0.39	0.62	-0.71	0.46	0.62	0.68		0.2	0.91	0.63	0.96	-0.46	0.93	0.56	-0.61	0.72
Short Term Investments	0.55	0.55	0.1	-0.12	0.76	-0.76	0.54	0.77	-0.43	0.65	-0.45	0.81	0.2		0.41	0.83	0.45	-0.69	0.46	0.73	-0.7	0.48
Total Liab	0.29	0.24	-0.03	-0.2	0.69	-0.49	0.34	0.77	-0.5	0.36	0.37	0.79	0.91	0.41		0.7	0.92	-0.35	0.85	0.52	-0.58	0.7
Short Term Debt	0.79	0.78	0.09	-0.22	0.96	-0.91	0.71	0.87	-0.79	0.86	0.11	0.98	0.63	0.83	0.7		0.82	-0.78	0.84	0.95	-0.96	0.85
Intangible Assets	0.62	0.55	0.01	-0.27	0.82	-0.65	0.54	0.77	-0.81	0.65	0.48	0.85	0.96	0.45	0.92	0.82		-0.64	0.98	0.74	-0.78	0.82
Long Term Debt	-0.87	-0.8	-0.1	0.16	-0.74	0.7	-0.64	-0.59	0.87	-0.85	0.01	-0.68	-0.46	-0.69	-0.35	-0.78	-0.64		-0.68	-0.83	0.78	-0.56
Net Invested Capital	0.72	0.67	0.03	-0.39	0.84	-0.71	0.61	0.75	-0.87	0.75	0.48	0.85	0.93	0.46	0.85	0.84	0.98	-0.68		0.82	-0.84	0.82
Capital Stock	0.93	0.93	0.1	-0.36	0.91	-0.92	0.78	0.74	-0.88	0.98	0.18	0.89	0.56	0.73	0.52	0.95	0.74	-0.83	0.82		-0.99	0.8
Net Working Capital	-0.9	-0.9	-0.1	0.29	-0.93	0.93	-0.77	-0.75	0.88	-0.95	-0.28	-0.91	-0.61	-0.7	-0.58	-0.96	-0.78	0.78	-0.84	-0.99		-0.88
Long Term Investments	0.69	0.68	0.07	0.02	0.86	-0.78	0.61	0.69	-0.77	0.72	0.56	0.84	0.72	0.48	0.7	0.85	0.82	-0.56	0.82	0.8	-0.88

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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.

Competition

Predict Telesat Corp

In accordance with the recently published financial statements, Telesat Corp has a Beta of 2.239. This is 111.23% higher than that of the Electronic Equipment, Instruments & Components sector and 29.15% lower than that of the Information Technology industry. The beta for all United States stocks is notably lower than that of the firm.

Telesat Beta 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 Beta 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 beta 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 Corp ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Telesat Corp's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Telesat Corp's managers, analysts, and investors.

Environmental

Governance

Social

Telesat Corp Institutional Holders

Institutional Holdings refers to the ownership stake in Telesat Corp that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Telesat Corp's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Telesat Corp's value.

		Shares
Connor Clark & Lunn Inv Mgmt Ltd	2024-06-30	50.5 K
Pathstone Holdings Llc	2024-06-30	49 K
Federation Des Caisses Desjardins Du Quebec	2024-06-30	39.5 K
Platform Technology Partners	2024-06-30	27.7 K
Susquehanna International Group, Llp	2024-06-30	24.8 K
Schmeidler A R & Co Inc	2024-09-30	14.6 K
Peapack Gladstone Financial Corp	2024-06-30	13.9 K
Citadel Advisors Llc	2024-06-30	12.4 K
Asset Management One Co., Ltd.	2024-09-30	8.5 K
Public Sector Pension Investment Board	2024-09-30	18.2 M
Mhr Fund Management Llc	2024-06-30	18 M

As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Telesat Corp will likely underperform.

Telesat Fundamentals

	Return On Equity	0.0453
	Return On Asset	0.0263
	Profit Margin	0.05 %
	Operating Margin	0.41 %
	Current Valuation	1.49 B
	Shares Outstanding	13.94 M
	Shares Owned By Insiders	8.88 %
	Shares Owned By Institutions	91.12 %
	Number Of Shares Shorted	157.03 K
	Price To Earning	4.28 X
	Price To Book	0.31 X
	Price To Sales	0.90 X
	Revenue	704.16 M
	Gross Profit	502.18 M
	EBITDA	499.61 M
	Net Income	583.27 M
	Cash And Equivalents	1.48 B
	Cash Per Share	119.93 X
	Total Debt	3.23 B
	Debt To Equity	2.01 %
	Current Ratio	11.05 X
	Book Value Per Share	48.63 X
	Cash Flow From Operations	169.09 M
	Short Ratio	3.21 X
	Earnings Per Share	2.41 X
	Target Price	19.04
	Number Of Employees	490
	Beta	2.24
	Market Capitalization	580.06 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.

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Additional Tools for Telesat Stock Analysis

When running Telesat Corp's price analysis, check to measure Telesat Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Telesat Corp is operating at the current time. Most of Telesat Corp's value examination focuses on studying past and present price action to predict the probability of Telesat Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Telesat Corp's price. Additionally, you may evaluate how the addition of Telesat Corp to your portfolios can decrease your overall portfolio volatility.

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