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Telstra Corporation Ltd
XBER:TSTA

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Telstra Corporation Ltd
XBER:TSTA
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Price: 2.464 EUR -2.11%
Market Cap: €28.5B

P/B

4.5
Current
44%
More Expensive
vs 3-y average of 3.1

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
4.5
=
Market Cap
€57.2B
/
Total Equity
AU$13.3B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
4.5
=
Market Cap
€57.2B
/
Total Equity
AU$13.3B

Valuation Scenarios

Telstra Corporation Ltd is trading above its 3-year average

If P/B returns to its 3-Year Average (3.1), the stock would be worth €1.71 (31% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-40%
Maximum Upside
No Upside Scenarios
Average Downside
29%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 4.5 €2.46
0%
3-Year Average 3.1 €1.71
-31%
5-Year Average 3 €1.66
-32%
Industry Average 3.8 €2.1
-15%
Country Average 2.7 €1.48
-40%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close
Market Cap P/B P/E
AU
Telstra Corporation Ltd
XBER:TSTA
59.9B EUR 4.5 26.2
US
Verizon Communications Inc
NYSE:VZ
198.6B USD 1.9 11.6
US
AT&T Inc
NYSE:T
177.7B USD 1.7 8.6
DE
Deutsche Telekom AG
XETRA:DTE
130B EUR 2.1 13.5
CN
China Telecom Corp Ltd
SSE:601728
548.1B CNY 1.2 16.6
JP
Nippon Telegraph and Telephone Corp
TSE:9432
12.5T JPY 1.4 11.6
SG
Singapore Telecommunications Ltd
SGX:Z74
76.1B SGD 2.8 12.2
FR
Orange SA
PAR:ORA
46.2B EUR 1.6 86.8
SA
Saudi Telecom Company SJSC
SAU:7010
189.1B SAR 2.3 12.8
AU
Telstra Group Ltd
F:5KB
37.2B EUR 4.7 27.4
CH
Swisscom AG
SIX:SCMN
34B CHF 2.8 27.1

Market Distribution

In line with most companies in Australia
Percentile
40th
Based on 2 062 companies
40th percentile
2.1
Low
0 — 1.6
Typical Range
1.6 — 4.3
High
4.3 —
Distribution Statistics
Australia
Min 0
30th Percentile 1.6
Median 2.7
70th Percentile 4.3
Max 2 199.4

Telstra Corporation Ltd
Glance View

Telstra Corporation Ltd., Australia's telecommunications titan, has long been a linchpin in the nation's communication fabric, weaving a narrative of innovation and resilience. Born from the governmental embrace as the Postmaster-General's Department, Telstra morphed through the ages into a privatized powerhouse driving Australia's digital landscape. The company caters to millions with its comprehensive suite of services, spanning mobile and fixed broadband, telephony, and pay television, effectively making it Australia's largest provider. With its ever-expanding 5G network aiming to cover 95% of the population, Telstra harnesses technology's leaps to maintain its competitive edge, ensuring seamless connectivity for businesses and consumers across the island continent. At the heart of Telstra’s revenue engine lies a robust strategy focused on leveraging its vast infrastructure and service breadth. The bulk of its profits flows from its mobile network services, where it commands a sizable market share. Its consumer and enterprise-oriented divisions offer a broad spectrum of telecommunication services, while the international business arm extends its reach beyond Australian shores, focusing on global connectivity. Moreover, Telstra pursues growth through strategic partnerships and digital transformation initiatives, like enhancing its IT services and venturing into innovative tech domains, including cloud services and the Internet of Things (IoT). The company’s narrative is one of adaptation and forward-thinking, consistently recalibrating its course to address evolving technological landscapes and consumer demands.

TSTA Intrinsic Value
2.704 EUR
Undervaluation 9%
Intrinsic Value
Price €2.464
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