TPG TELECOM LIMITED (TPG)
Share Price Analysis and Chart

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TPG - TPG TELECOM LIMITED

FNArena Sector : Telecommunication
Year End: December
GICS Industry Group : NONE
Debt/EBITDA: 3.33
Index: ASX200 | ASX300 | ALL-ORDS

TPG Telecom is an Australian telecommunications company providing consumer and business internet services and mobile phone services. In 2020 Vodaphone Hutchison merged with TPG Telecom and relisted under the same name.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$4.82

06 Dec
2023

0.100

OPEN

$4.75

2.12%

HIGH

$4.84

850,684

LOW

$4.72

TARGET
$5.735 19.0% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
5GG . ABB . CNU . ESK . FSG . HTA . MAQ . SLC . SPK . ST1 . SYM . TLS . TUA .
FNARENA'S MARKET CONSENSUS FORECASTS
TPG: 1
Title FY21
Actual		 FY22
Actual		 FY23
Forecast		 FY24
Forecast
EPS (cps) xxx 27.6 17.6 xxx
DPS (cps) xxx 17.5 18.4 xxx
EPS Growth xxx 100.0% - 36.3% xxx
DPS Growth xxx 12.9% 4.9% xxx
PE Ratio xxx N/A 27.2 xxx
Dividend Yield xxx N/A 3.8% xxx
Div Pay Ratio(%) xxx 63.4% 104.4% xxx

Dividend yield today if purchased 3 years ago: 2.29%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 3.63

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 12/09 - ex-div 9c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2023 FactSet UK Limited. All rights reserved
Title 201720182019202020212022
EPS Basic xxxxxxxxxxxxxxx27.6
DPS All xxxxxxxxxxxxxxx17.5
Sales/Revenue xxxxxxxxxxxxxxx5,415.0 M
Book Value Per Share xxxxxxxxxxxxxxx640.0
Net Operating Cash Flow xxxxxxxxxxxxxxx1,071.0 M
Net Profit Margin xxxxxxxxxxxxxxx9.47 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201720182019202020212022
Return on Capital Employed xxxxxxxxxxxxxxx4.34 %
Return on Invested Capital xxxxxxxxxxxxxxx2.95 %
Return on Assets xxxxxxxxxxxxxxx2.54 %
Return on Equity xxxxxxxxxxxxxxx4.34 %
Return on Total Capital xxxxxxxxxxxxxxx1.76 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx1.0 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201720182019202020212022
Short-Term Debt xxxxxxxxxxxxxxx93 M
Long Term Debt xxxxxxxxxxxxxxx5,562 M
Total Debt xxxxxxxxxxxxxxx5,655 M
Goodwill - Gross xxxxxxxxxxxxxxx8,515 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx114 M
Price To Book Value xxxxxxxxxxxxxxx0.76

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201720182019202020212022
Capex xxxxxxxxxxxxxxx992.0 M
Capex % of Sales xxxxxxxxxxxxxxx18.32 %
Cost of Goods Sold xxxxxxxxxxxxxxx4,739 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx368 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx-

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.1

No. Of Recommendations

4
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

UBS

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Morgan Stanley

xx/xx/xxxx

5

xxxxxxxxx xx xxxxxxxxxxx xxxx xxxxx-xxxxxx

$xx.xx

xx.xx%

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Ord Minnett

14/11/2023

2

Accumulate

$7.40

53.53%

Ord Minnett is not particularly surprised TPG Telecom's discussions with Vocus Group to sell non-mobile fiber assets have ended.

The original approach was only announced after media speculation and the offer was highly conditional and non-binding, explains the broker. It's felt the complexity of the transaction was a further obstacle.

While shares slumped to below $5.00, Ord Minnett has a target of $7.40 and also reminds investors there remains potential upside from the Optus outage.

Also, management notes "ongoing strong interest from potential strategic and financial investors in the company's fixed infrastructure assets." The broker's Accumulate rating is unchanged.

FORECAST
Ord Minnett forecasts a full year FY23 dividend of 18.00 cents and EPS of 13.50 cents.
Ord Minnett forecasts a full year FY24 dividend of 19.00 cents and EPS of 17.70 cents.

Morgans

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Macquarie

xx/xx/xxxx

-1

xx xxxxxx

xx.xx%

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Login above or Get a Free Trial
Access Stockbroker Research History >

TPG STOCK CHART

FNArena News on TPG

1
Rudi’s View: Bear&Bull Market To Continue (?) In 2024

Dec 06 2023 - Rudi's View
2
In Case You Missed It – BC Extra Upgrades & Downgrades – 24-11-23

Nov 24 2023 - Weekly Reports
3
Australian Broker Call *Extra* Edition – Nov 22, 2023

Nov 22 2023 - Daily Market Reports
4
Weekly Ratings, Targets, Forecast Changes – 17-11-23

Nov 20 2023 - Weekly Reports
5
Australian Broker Call *Extra* Edition – Nov 16, 2023

Nov 16 2023 - Daily Market Reports

Latest Telecommunication News

1
Cloud And AI Trends Buoy Macquarie Technology

Jun 22 2023 - Small Caps
2
Treasure Chest: Tide Turns For Telstra?

Apr 27 2023 - Treasure Chest
3
Cybersecurity On The ASX

Apr 11 2023 - Small Caps
4
Mobile Momentum Drives Telstra

Feb 20 2023 - Australia
5
Super Strategic Acquisition from Superloop

Sep 29 2022 - Small Caps
6
Symbio Strategy Targets Asian Expansion

Sep 08 2022 - Small Caps
7
Finally, A New Growth Phase For Telstra?

Aug 17 2022 - Australia
8
Treasure Chest: Telstra Entering An Upgrade Cycle

Aug 02 2022 - Treasure Chest
9
Brokers Ecouraged By TPG Telecom’s Strategy Update

Jun 27 2022 - Australia
10
Treasure Chest: Aussie Broadband To Benefit From Origin Energy’s Plans

Mar 11 2022 - Treasure Chest