TPG Telecom: Moat Rating of None, but Shares Still in the Discount Boat
We downgrade our moat rating for TPG Telecom to none, from narrow, and our fair value estimate is cut by 3% to AUD 6.40 per share as a result.
We downgrade our moat rating for TPG Telecom to none, from narrow, and our fair value estimate is cut by 3% to AUD 6.40 per share as a result.
Cross-selling opportunities remain for both consumer and corporate markets.
TPG Telecom's service levels are seen as less attractive than some peers. Market share gains have been driven by pricing.
Metric
|
TPG
|
SPK
|
TLS
|
---|---|---|---|
Price/Earnings (Normalized) | 17.17 | 19.82 | 21.64 |
Price/Book Value | 0.80 | 3.46 | 3.00 |
Price/Sales | 1.65 | 1.47 | 1.99 |
Price/Cash Flow | 6.59 | 7.24 | 7.11 |
Metric
|
TPG
|
SPK
|
TLS
|
---|---|---|---|
Quick Ratio | 0.69 | 0.92 | 0.42 |
Current Ratio | 0.79 | 1.01 | 0.53 |
Interest Coverage | 1.08 | 3.50 | 3.41 |
Metric
|
TPG
|
SPK
|
TLS
|
---|---|---|---|
Return on Assets (Normalized) | 2.79% | 5.74% | 5.07% |
Return on Equity (Normalized) | 4.68% | 15.26% | 15.12% |
Return on Invested Capital (Normalized) | 4.82% | 6.58% | 6.58% |
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
---|---|---|---|---|---|---|
T-Mobile US Inc
TMUS
| Wjtrnjzhn | Ydqgclp | $239.4 Bil | |||
Verizon Communications Inc
VZ
| Xdlkcgkl | Cbmpbj | $189.0 Bil | |||
Comcast Corp Class A
CMCSA
| Tqvrtfrc | Frhpnd | $161.3 Bil | |||
AT&T Inc
T
| Kffyf | Pqblf | $157.0 Bil | |||
Deutsche Telekom AG ADR
DTEGY
| Nlhwypzhcs | Bdvpsxx | $146.0 Bil | |||
KDDI Corp ADR
KDDIY
| Tcqdbncv | Mzhtklp | $66.4 Bil | |||
America Movil SAB de CV ADR - Series B
AMX
| Qgdqflkhw | Dlltjcz | $50.6 Bil | |||
Charter Communications Inc Class A
CHTR
| Sgpcxsnld | Nnldp | $46.6 Bil | |||
BCE Inc
BCE
| Strcgzltrg | Phmpyq | $32.2 Bil | |||
Orange SA ADR
ORAN
| Wrmfzch | Vlwh | $31.0 Bil |