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Technology - Communication Equipment - NASDAQ - CA
$ 17.22
3.61 %
$ 240 M
Market Cap
-3.9
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one TSAT stock under the worst case scenario is HIDDEN Compared to the current market price of 17.2 USD, Telesat Corporation is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one TSAT stock under the base case scenario is HIDDEN Compared to the current market price of 17.2 USD, Telesat Corporation is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one TSAT stock under the best case scenario is HIDDEN Compared to the current market price of 17.2 USD, Telesat Corporation is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart TSAT

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$26.0$26.0$24.0$24.0$22.0$22.0$20.0$20.0$18.0$18.0$16.0$16.0$14.0$14.0$12.0$12.0$10.0$10.015 Oct15 OctNov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '25
FINANCIALS
571 M REVENUE
-18.90%
-40.3 M OPERATING INCOME
-7.08%
-302 M NET INCOME
-51.86%
62.5 M OPERATING CASH FLOW
-63.06%
-1.09 B INVESTING CASH FLOW
-515.05%
-170 M FINANCING CASH FLOW
52.01%
128 M REVENUE
-7.55%
-228 M OPERATING INCOME
-380.88%
-447 M NET INCOME
-659.22%
-1.69 M OPERATING CASH FLOW
24.60%
-557 M INVESTING CASH FLOW
-77.47%
-12.1 M FINANCING CASH FLOW
45.62%
Balance Sheet Telesat Corporation
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Current Assets 1.02 B
Cash & Short-Term Investments 553 M
Receivables 188 M
Other Current Assets 280 M
Non-Current Assets 5.92 B
Long-Term Investments 0
PP&E 2.28 B
Other Non-Current Assets 3.65 B
7.96 %4.04 %32.79 %52.51 %Total Assets$6.9b
Current Liabilities 257 M
Accounts Payable 108 M
Short-Term Debt 2.04 M
Other Current Liabilities 147 M
Non-Current Liabilities 4.19 B
Long-Term Debt 3.13 B
Other Non-Current Liabilities 1.06 B
3.30 %70.32 %23.92 %Total Liabilities$4.4b
EFFICIENCY
Earnings Waterfall Telesat Corporation
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Revenue 571 M
Cost Of Revenue 38 M
Gross Profit 533 M
Operating Expenses 573 M
Operating Income -40.3 M
Other Expenses 262 M
Net Income -302 M
600m600m500m500m400m400m300m300m200m200m100m100m00(100m)(100m)(200m)(200m)(300m)(300m)(400m)(400m)571m(38m)533m(573m)(40m)(262m)(302m)RevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
93.35% GROSS MARGIN
93.35%
-7.05% OPERATING MARGIN
-7.05%
-15.36% NET MARGIN
-15.36%
-12.35% ROE
-12.35%
-1.26% ROA
-1.26%
-0.58% ROIC
-0.58%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Telesat Corporation
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400m400m350m350m300m300m250m250m200m200m150m150m100m100m50m50m00(50m)(50m)20162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income -302 M
Depreciation & Amortization 139 M
Capital Expenditures -64.9 M
Stock-Based Compensation 17.6 M
Change in Working Capital -45.1 M
Others 236 M
Free Cash Flow -2.39 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Telesat Corporation
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Wall Street analysts predict an average 1-year price target for TSAT of $20 , with forecasts ranging from a low of $20 to a high of $20 .
TSAT Lowest Price Target Wall Street Target
20 USD 16.14%
TSAT Average Price Target Wall Street Target
20 USD 16.14%
TSAT Highest Price Target Wall Street Target
20 USD 16.14%
Price
Max Price Target
Min Price Target
Average Price Target
2626242422222020181816161414121210108866May '24May '24Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
1.5 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
8.08.07.07.06.06.05.05.04.04.03.03.02.02.01.01.00.00.05.51.57.0020202020
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5. COMPETITION
slide 2 of 8
6. Ownership
Insider Ownership Telesat Corporation
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Sold
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6-9 MONTHS
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9-12 MONTHS
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Bought
0 USD 0
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3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Telesat Corporation (TSAT) Q4 2024 Earnings Call Transcript Telesat Corporation (NASDAQ:TSAT ) Q4 2024 Earnings Conference Call March 27, 2025 10:00 AM ET Company Participants James Ratcliffe - VP, IR Dan Goldberg - President & CEO Andrew Browne - CFO Conference Call Participants Edison Yu - Deutsche Bank David McFadden - Cormark Securities Chris Quilty - Quilty Space Walt Piecyk - LightShed Caleb Henry - Quilty Space Operator Good morning, ladies and gentlemen. Welcome to the Conference Call to Report the Fourth Quarter of 2024 Financial Results for Telesat. seekingalpha.com - 3 weeks ago
Telesat Reports Results for the Quarter and Twelve Months Ended December 31, 2024 OTTAWA, Ontario, March 27, 2025 (GLOBE NEWSWIRE) -- Telesat (NASDAQ and TSX: TSAT), one of the world's largest and most innovative satellite operators, today announced its financial results for the three and twelve-month periods ended December 31, 2024. All amounts are in Canadian dollars and reported under IFRS® Accounting Standards unless otherwise noted. globenewswire.com - 3 weeks ago
ADN Telecom signs multi-year Telesat Lightspeed partnership agreement OTTAWA, Ontario and DHAKA, Bangladesh, March 25, 2025 (GLOBE NEWSWIRE) -- Telesat (NASDAQ and TSX: TSAT), one of the world's largest and most innovative satellite operators, and ADN Telecom Limited (DSE & CSE: ADNTEL), a leading telecommunications company, providing the latest digital communications and satellite services in Bangladesh, signed and jointly announced today a multi-year partnership to deliver Telesat Lightspeed low earth orbit (LEO) connectivity solutions across Bangladesh and South Asia. globenewswire.com - 3 weeks ago
Telesat Schedules Fourth Quarter and Full Year 2024 Earnings Conference Call for March 27, 2025 OTTAWA, Ontario, March 21, 2025 (GLOBE NEWSWIRE) -- Telesat (NASDAQ and TSX: TSAT), one of the world's largest and most innovative satellite operators, has scheduled a conference call on Thursday, March 27, 2025, at 10:30 a.m. EDT to discuss its financial results for the three and twelve month periods ended December 31, 2024. The call will be hosted by Daniel S. Goldberg, President and Chief Executive Officer, and Andrew Browne, Chief Financial Officer, of Telesat. globenewswire.com - 1 month ago
Space Norway selects Telesat Lightspeed Low Earth Orbit (LEO) connectivity solution OTTAWA, Canada and OSLO, Norway, March 11, 2025 (GLOBE NEWSWIRE) -- Telesat (NASDAQ and TSX: TSAT), one of the world's largest and most innovative satellite operators, and Space Norway, Northern Europe's leading satellite operator, today announced the parties have signed a Term Sheet for Telesat Lightspeed Low Earth Orbit (LEO) connectivity services. globenewswire.com - 1 month ago
Orange and Telesat sign multi-year partnership for Telesat Lightspeed LEO satellite connectivity and terrestrial infrastructure WASHINGTON, March 11, 2025 (GLOBE NEWSWIRE) -- Orange, one of the world's leading telco operators and digital service providers, and Telesat (Nasdaq and TSX: TSAT), one of the largest and most innovative satellite operators, have joined forces to offer new satellite connectivity options through a strategic commercial partnership. globenewswire.com - 1 month ago
Telesat awards development contract to QEST for Telesat Lightspeed Flat Panel Antenna for commercial aviation WASHINGTON, March 10, 2025 (GLOBE NEWSWIRE) -- Telesat (NASDAQ and TSX: TSAT), one of the world's largest and most innovative satellite operators, and QEST Quantenelektronische Systeme GmbH ("QEST"), one of the leading suppliers of antennas for aeronautical connectivity, today announced the signing of a development contract for a Telesat Lightspeed Aero Flat Panel Antenna (FPA). Under the terms of the agreement, QEST will extend their patented FPA antenna technology for Telesat Lightspeed, including the development of the transmit and receive antenna apertures, RF components and the antenna control unit. globenewswire.com - 1 month ago
Telesat Partners with Intellian to Develop Ka-Band Flat Panel User Terminals for Telesat Lightspeed LEO Constellation OTTAWA, Ontario and PYEONGTAEK, South Korea, Feb. 27, 2025 (GLOBE NEWSWIRE) -- Telesat (NASDAQ and TSX: TSAT), one of the world's largest and most innovative satellite operators, and Intellian, a global leading provider of satellite communication antennas and ground gateway solutions, today announced a contract award for Intellian to design and manufacture Ka-band flat panel User Terminals for the Telesat Lightspeed Low Earth Orbit (LEO) constellation. globenewswire.com - 1 month ago
3 Stocks to Watch From the Satellite and Communication Industry The Zacks Satellite and Communication industry participants like Globalstar (GSAT), Gilat (GILT) and Telesat (TSAT) are well-poised to gain from increasing proliferation and cheaper access to space technology. zacks.com - 2 months ago
Telesat Announces Key Executive Leadership Changes Michel Forest to succeed David Wendling as Chief Technology Officer Asit Tandon joins as Chief Network and Information Officer globenewswire.com - 3 months ago
Charles Cynamon Named President of Telesat Government Solutions OTTAWA, Ontario and ARLINGTON, Va., Jan. 06, 2025 (GLOBE NEWSWIRE) -- Telesat (NASDAQ and TSX: TSAT), one of the world's largest and most innovative satellite operators, today announced the appointment of Charles “Chuck” Cynamon as its new President of Telesat Government Solutions, a wholly-owned subsidiary of Telesat that provides resilient and secure satellite solutions to the U.S. Government civil, military and intelligence sectors. globenewswire.com - 3 months ago
Are Investors Undervaluing Telesat (TSAT) Right Now? Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. zacks.com - 3 months ago
8. Profile Summary

Telesat Corporation TSAT

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COUNTRY CA
INDUSTRY Communication Equipment
MARKET CAP $ 240 M
Dividend Yield 0.00%
Description Telesat Corporation, a satellite operator, provides mission-critical communications services to broadcast, enterprise, and consulting customers worldwide. The company's satellite-based services allow direct-to-home (DTH) service providers to deliver television programming, audio, and information channels directly to customers' homes; and enables broadcasters, cable networks, and DTH service providers to transmit television programming services. It offers value-added services, such as satellite capacity, digital encoding of video channels, authorization, and uplinking and downlinking services; and occasional use services for the broadcast of video news, sports, and live event coverages. The company also provides satellite capacity and end-to-end services, including space segment services and terrestrial facilities for enterprise connectivity, and internet and cellular backhaul; and rural telephony to telecommunications carriers and network services integrators. In addition, it offers broadband communication services to maritime and aeronautical markets comprising commercial airplanes and vessels; services to the U.S. government through government service integrators, and satellite services to the Canadian government; and direct-to-consumer broadband services. Further, the company operates satellite and hybrid satellite/terrestrial networks; and communications services for the oil and gas and mining industries. Additionally, it provides satellite operator services; and consulting services related to space and earth segments, government studies, satellite control, and research and development services. The company offers its services primarily through a direct sales force. As of December 31, 2021, it operated a fleet of 14 in-orbit geostationary satellites and a Canadian payload on the ViaSat-1 satellite. The company was founded in 1969 and is headquartered in Ottawa, Canada.
Contact 160 Elgin Street, Ottawa, ON, K2P 2P7 https://www.telesat.com
IPO Date July 27, 2005
Employees 490
Officers Ms. France Teasdale Vice President of People Mr. Glenn Katz Chief Commercial Officer Mr. Michael C. Schwartz Senior Vice President of Corporate & Business Development Mr. Michel Forest Chief Technology Officer Ms. Michèle Beck Senior Vice President of Canadian Sales Mr. Asit Tandon Chief Network & Information Officer Mr. Christopher S. DiFrancesco Vice President, General Counsel & Secretary Mr. Andrew Martin Browne Chief Financial Officer Mr. Daniel S. Goldberg J.D. President, Chief Executive Officer & Director Mr. John Flaherty Vice President of Business Planning & Marketing