Telus Corp (TSX:T)

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Price: 21.26 CAD -0.56%

Market Cap: 31.9B CAD

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Section:

Relative Value

The Relative Value of one T stock under the Base Case scenario is 41.03 CAD. Compared to the current market price of 21.26 CAD, Telus Corp is Undervalued by 48%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

What is Relative Valuation?

How is Relative Value calculated?

T Relative Value

Base Case

Worst Case

Base Case

Best Case

Valuation Multiples

1.6

P/S

vs History	95
vs Industry	40

Median 5Y

1.9

Industry

1.4

Forward

1.5

More Details

34.4

P/E

vs History	22
vs Industry	10

Median 5Y

25.3

Industry

17.1

Forward

21.1

More Details

6.2

P/OCF

vs History	80
vs Industry	34

Median 5Y

7.7

Industry

6.5

More Details

Negative

P/FCFE

vs History
vs Industry	19

Median 5Y

23.8

Industry

16.3

More Details

P/B

vs History	90
vs Industry	38

Median 5Y

2.3

Industry

1.9

More Details

2.9

EV/S

vs History	73
vs Industry	29

Median 5Y

Industry

Forward

2.8

More Details

4.5

EV/GP

vs History	84
vs Industry	38

Median 5Y

Industry

4.2

More Details

7.8

EV/EBITDA

vs History	68
vs Industry	36

Median 5Y

8.3

Industry

8.1

Forward

7.6

More Details

17.6

EV/EBIT

vs History	53
vs Industry	23

Median 5Y

17.9

Industry

13.7

Forward

17.5

More Details

11.3

EV/OCF

vs History	65
vs Industry	27

Median 5Y

11.8

Industry

8.8

More Details

60.7

EV/FCFF

vs History	52
vs Industry	3

Median 5Y

62.9

Industry

More Details

EV/IC

vs History	87
vs Industry	48

Median 5Y

1.1

Industry

1.2

More Details

Multiples Across Competitors

All Multiples

P/S

P/E

EV/EBITDA

EV/EBIT

Forward Multiples

		Market Cap	P/S	P/E	EV/EBITDA	EV/EBIT
CA	Telus Corp TSX:T	31.7B CAD	1.6	34.4	7.8	17.6
US	Verizon Communications Inc NYSE:VZ	181.6B USD	1.4	18.5	6.2	9.8
US	AT&T Inc NYSE:T	166.2B USD	1.4	18.8	6.5	11.7
DE	Deutsche Telekom AG XETRA:DTE	145.7B EUR	1.3	24.3	5.3	10.6
JP	Nippon Telegraph and Telephone Corp TSE:9432	13.1T JPY	1	11.1	5.2	9.4
CN	China Telecom Corp Ltd SSE:601728	498.4B CNY	1	15.5	11.4	11.4
SA	Saudi Telecom Company SJSC SAU:7010	189B SAR	2.6	13.7	7.9	12.1
SG	Singapore Telecommunications Ltd SGX:Z74	50.5B SGD	3.6	63.5	16.3	50.8
CH	Swisscom AG SIX:SCMN	26.4B CHF	2.4	15.7	7.1	15.3
TW	Chunghwa Telecom Co Ltd TWSE:2412	954.2B TWD	4.2	26.1	10.8	20
AU	Telstra Corporation Ltd ASX:TLS	44.6B AUD	1.9	27.5	16.7	16.7

			Revenue Growth
CA	Telus Corp TSX:T	Average P/S: 2 1.6	11%
US	Verizon Communications Inc NYSE:VZ	1.4	7%
US	AT&T Inc NYSE:T	1.4	5%
DE	Deutsche Telekom AG XETRA:DTE	1.3	10%
JP	Nippon Telegraph and Telephone Corp TSE:9432	1	6%
CN	China Telecom Corp Ltd SSE:601728	1	15%
SA	Saudi Telecom Company SJSC SAU:7010	2.6	19%
SG	Singapore Telecommunications Ltd SGX:Z74	3.6	9%
CH	Swisscom AG SIX:SCMN	2.4	14%
TW	Chunghwa Telecom Co Ltd TWSE:2412	4.2	8%
AU	Telstra Corporation Ltd ASX:TLS	1.9	8%

			Earnings Growth
CA	Telus Corp TSX:T	Average P/E: 24.5 34.4	119%
US	Verizon Communications Inc NYSE:VZ	18.5	84%
US	AT&T Inc NYSE:T	18.8	19%
DE	Deutsche Telekom AG XETRA:DTE	24.3	-35%
JP	Nippon Telegraph and Telephone Corp TSE:9432	11.1	1%
CN	China Telecom Corp Ltd SSE:601728	15.5	6%
SA	Saudi Telecom Company SJSC SAU:7010	13.7	18%
SG	Singapore Telecommunications Ltd SGX:Z74	63.5	336%
CH	Swisscom AG SIX:SCMN	15.7	-5%
TW	Chunghwa Telecom Co Ltd TWSE:2412	26.1	10%
AU	Telstra Corporation Ltd ASX:TLS	27.5	61%

			EBITDA Growth
CA	Telus Corp TSX:T	Average EV/EBITDA: 9.2 7.8	16%
US	Verizon Communications Inc NYSE:VZ	6.2	10%
US	AT&T Inc NYSE:T	6.5	10%
DE	Deutsche Telekom AG XETRA:DTE	5.3	9%
JP	Nippon Telegraph and Telephone Corp TSE:9432	5.2	-4%
CN	China Telecom Corp Ltd SSE:601728	11.4	228%
SA	Saudi Telecom Company SJSC SAU:7010	7.9	17%
SG	Singapore Telecommunications Ltd SGX:Z74	16.3	18%
CH	Swisscom AG SIX:SCMN	7.1	16%
TW	Chunghwa Telecom Co Ltd TWSE:2412	10.8	5%
AU	Telstra Corporation Ltd ASX:TLS	16.7	166%

			EBIT Growth
CA	Telus Corp TSX:T	Average EV/EBIT: 16.9 17.6	32%
US	Verizon Communications Inc NYSE:VZ	9.8	12%
US	AT&T Inc NYSE:T	11.7	9%
DE	Deutsche Telekom AG XETRA:DTE	10.6	31%
JP	Nippon Telegraph and Telephone Corp TSE:9432	9.4	N/A
CN	China Telecom Corp Ltd SSE:601728	11.4	16%
SA	Saudi Telecom Company SJSC SAU:7010	12.1	22%
SG	Singapore Telecommunications Ltd SGX:Z74	50.8	38%
CH	Swisscom AG SIX:SCMN	15.3	1%
TW	Chunghwa Telecom Co Ltd TWSE:2412	20	8%
AU	Telstra Corporation Ltd ASX:TLS	16.7	32%

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Telus Corp
TSX:T

Relative Value

Valuation Multiples

Multiples Across Competitors

T Competitors Multiples
Telus Corp Competitors

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Company

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52 Week Range	20.41 25.374
Price Target

Telus Corp TSX:T

Relative Value

Valuation Multiples

Multiples Across Competitors

T Competitors Multiples Telus Corp Competitors

See Also

Company

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Telus Corp
TSX:T

T Competitors Multiples
Telus Corp Competitors