Obermatt
See Similar Stocks →

Telstra

ASX:TLS · AU000000TLS2
Diversified Telecommunication ServicesX-Large

360

55
EV / EBIT25
Price / Owner Earnings20
Owner Earnings Yield49
Dividend Yield89
Price/Sales48
EV / Gross Profit29
Price/Book17
Return on Capital73
Cash Return on Capital66
Return on Equity61
EBIT Margin61
Gross Profitability70
Cash Conversion59
Accruals81
Owner Earnings Margin53
Sales growth16
Profit Growth89
Long-Term EPS Growth49
Owner Earnings Growth51
Reinvestment34
Price momentum74
Debt load19
Refinancing37
Debt Payback53
Liquidity37
Analyst ratings16
Opinion Changes35
Price Target Upside24
Market mood25
Value Creation12/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Telstra clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Profile

CountryAustralia
IndustryDiversified Telecommunication Services
SizeX-Large
TypePublic Company
ExchangeASX
Founded2021
Employees23,264
Websitetelstra.com.au/aboutus
ISINAU000000TLS2
Last UpdateApr 2, 2026
Indices
ASX 100 (Australia)ASX 200 (Australia)ASX 300 (Australia)ASX 50 (Australia)
Themes
Digital MediaNetwork SecurityEnterprise Voip and TelephonyNetwork BackboneOptical InfrastructureCloud InfrastructureData Centers and FacilitiesVoIPAndroidiOSMobilePublic RelationsTelecommunications

Description

Telstra Group Limited is a telecommunications and media company based in Australia, known for providing a range of communication services and solutions. The company operates with a commitment to delivering telecommunications services and technologica…

Analysis

Hope premium

Telstra Group Limited is priced well ahead of what the underlying numbers justify, a pattern we describe as a hope premium.

On valuation, the picture is fair. The owner-earnings multiple stands at 21.7×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around 7% a year, against analyst forecasts of 4%. The price, in other words, assumes less than the experts do.

Growth is moderate; the safety picture is adequate. The company scores 12/20 on our value-creation score: creating some value.

Flags to be aware of: The financial cushion is thinner than comfortable. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
18
2023202420252026

All-time high

73

Mar 2023

All-time low

13

Mar 2026

Average rank

34

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
48
41
41
36
Price/Earnings
39
41
37
24
Price/Book
17
18
23
24
Dividend Yield
89
45
54
54
Value (overall)
53
16
33
31

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

Similar Stocks

The companies this stock is ranked against.

Compare Telstra with its peers
Technology One
ASX:TNE
55
CountryAustralia
IndustrySoftware
SizeSmall
Full Stock Analysis →
RPMGlobal
ASX:RUL
43
CountryAustralia
IndustrySoftware
SizeSmall
Full Stock Analysis →
StarHub
SES:CC3
6
CountrySingapore
IndustryWireless Telecommunication Services
SizeLarge
Full Stock Analysis →
Singapore Telecommunications
SES:Z74
84
CountrySingapore
IndustryDiversified Telecommunication Services
SizeLarge
Full Stock Analysis →
Hansen Technologies
ASX:HSN
71
CountryAustralia
IndustrySoftware
SizeSmall
Full Stock Analysis →
OBIC Business Consultants
TYO:4733
38
CountryJapan
IndustrySoftware
SizeMedium
Full Stock Analysis →

Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →