WinstonWınston
Back
Telstra Group Limited logo

Telstra Group Limited

TLGPY
60
Telecommunications Services · Communication Services
Price
$16.91
+0.21 (+1.26%)
Market Cap
$37.67B
Exchange
Other OTC
Winston Score
60
Winston is curious
A decent business — some strong pillars, some weaker.
Data as of Aug 23, 2026 · filings through Jun 30, 2026
How the score breaks down
Quality
Exceptional
Growth
Mixed
Cash Flow
Exceptional
Stability
Strong
Valuation
Mixed
Dividends
Strong

Share count falling — buybacks

4.1% over 4y

The company has reduced its share count over this period, returning value to shareholders through buybacks.

Diluted shares outstanding: 2.35B (2022) → 2.26B (2026)

Winston Score History

The full picture

Telstra Group Limited is Australia's largest telecommunications company. It provides mobile phone service, home internet, and fixed-line phone connections to millions of everyday Australians, as well as businesses and government agencies. Telstra also runs a large enterprise division that offers data networking, cybersecurity, and cloud services to corporate clients across Australia and parts of Asia.

Telstra makes most of its money through monthly subscription plans for mobile and broadband services, plus contracts with business customers for managed network services. It operates primarily in Australia but has international business units serving clients across Asia and beyond. Its main competitive advantage is its mobile network, which covers more of Australia's vast geography than any rival. The biggest risk Telstra faces is ongoing price competition in the mobile market, where rivals like Optus and TPG continue to pressure margins, while its growth opportunity lies in expanding 5G adoption and growing its enterprise technology services division.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Profit per sale
Gross Margin
51.4%
Healthy — 51.4% gross margin
Profit after running costs
Operating Margin
49.0%
Excellent — 49.0% operating margin
Return on the money invested
ROCE
26.2%
Exceptional — 26.2% return on capital

ROIC above 25%. Every dollar invested in the business earns more than 25 cents back per year.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales growth
Sales YoY
-1.7%
Shrinking sales (-1.7% YoY)
Profit growth
EPS YoY
+4.3%
Modest earnings growth (+4.3% YoY)

Single-digit earnings growth — steady but not exciting.

How steady the profit is
EPS Consistency
6/8 quarters
Earnings grew in most of the last 8 quarters

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Profit that turns into cash
Cash Conversion
320%
Turns 320% of profit into real cash
Spare cash per sale
FCF Margin
19.9%
Converts sales into free cash efficiently (19.9%)

FCF margin between 10% and 20%. Every $100 in sales becomes $10 to $20 in real cash.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

What it owes vs what it owns
Debt / Equity
1.23
Elevated debt (1.23)
Covers its interest
Interest Cover
20.18x
Comfortably covers interest (20.2x)

Interest coverage above 8. Profits cover interest many times over.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

Price vs profit
P/E Ratio (TTM)
17.3x
Fair value — P/E 17.3

P/E in the normal range. Price is roughly $15 for every $1 of yearly profit.

Cheaper or dearer next year
P/E vs Forward
-3.3
SLOWING
Earnings expected to fall — forward P/E higher than today

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Dividend
Dividend Yield
3.99%
Moderate income — 3.99% yield

Standard yield zone for stable dividend payers. A meaningful piece of total return.

Dividend record
Dividend Growth
+15.3%
Dividend growing fast (15.3% YoY)

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free
🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.
Start free trial