Symbols / TSAT
TSAT Chart
About
Telesat Corporation, a satellite operator, provides mission-critical communications solutions to support the requirements of satellite users in Canada, the United States, Asia, Australia, Latin America, the Caribbean, Europe, the Middle East, and Africa. It operates through Geostationary (GEO) and Low Earth Orbit (LEO) segments. The company offers broadcast services comprising direct-to-home television, video distribution and contribution, and occasional use services; enterprise services consisting of telecommunication carrier and integrator, government, consumer broadband, resource, maritime and aeronautical, and retail and satellite operator services; and consulting services related to space and earth segments, government studies, satellite control services, and research and development. It also provides value-added services, such as satellite capacity, digital encoding of video channels, and uplinking and downlinking services; satellite capacity and end-to-end services for data and voice transmission to telecommunications carriers and integrators; space segment services and terrestrial facilities for enterprise connectivity; internet and cellular backhaul and services, including rural telephony to telecommunications carriers and network services integrators. In addition, the company offers direct-to-consumer broadband services; and communications services to offshore, oil and gas, and mining industries. Further, the company operates satellite and terrestrial networks that support enterprise and retail activities. It offers its services through a direct sales force. Telesat Corporation was founded in 1969 and is headquartered in Ottawa, Canada.
Fundamentals
Scroll to Statements| Sector | Technology | Industry | Communication Equipment | Market Cap | 1.68B |
| Enterprise Value | 4.94B | Income | -156.12M | Sales | 451.91M |
| Book/sh | 32.91 | Cash/sh | 32.61 | Dividend Yield | — |
| Payout | 0.00% | Employees | 610 | IPO | — |
| P/E | — | Forward P/E | -4.52 | PEG | — |
| P/S | 3.72 | P/B | 1.00 | P/C | — |
| EV/EBITDA | 21.67 | EV/Sales | 10.94 | Quick Ratio | 2.66 |
| Current Ratio | 4.11 | Debt/Eq | 149.81 | LT Debt/Eq | — |
| EPS (ttm) | -8.11 | EPS next Y | -7.29 | EPS Growth | — |
| Revenue Growth | -27.00% | Earnings | 2026-03-26 | ROA | 0.85% |
| ROE | -22.26% | ROIC | — | Gross Margin | 51.69% |
| Oper. Margin | 6.54% | Profit Margin | -34.55% | Shs Outstand | 14.69M |
| Shs Float | 191.78K | Short Float | 7.43% | Short Ratio | 4.82 |
| Short Interest | — | 52W High | 36.85 | 52W Low | 14.77 |
| Beta | 2.04 | Avg Volume | 148.88K | Volume | 127.29K |
| Target Price | — | Recom | None | Prev Close | $32.20 |
| Price | $32.98 | Change | 2.42% |
Valuation Models
Price estimates from analyst targets and simple models.
1. Analyst consensus
—
Mean price target
2. Current target
$32.98
Latest analyst target
3. DCF / Fair value
$-1561.40
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$32.98
Low
—
High
—
Mean
—
Latest analyst rating changes
| Date | Action | Analyst | Rating Change | Price Target |
|---|---|---|---|---|
| 2024-04-30 | init | Deutsche Bank | — → Hold | $9 |
- (TSAT) Equity Market Report (TSAT:CA) - Stock Traders Daily Sat, 21 Feb 2026 16
- Telesat (TSAT) Moves 7.5% Higher: Will This Strength Last? - Yahoo Finance Mon, 06 Oct 2025 07
- Telesat stock falls after bondholders file lawsuit over debt concerns - Investing.com Wed, 21 Jan 2026 08
- Telesat Continues Making Progress, But It Will Take Time (NASDAQ:TSAT) - Seeking Alpha Mon, 15 Dec 2025 08
- INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Telesat Corporation - TSAT - PR Newswire hu, 12 Feb 2026 08
- Telesat Corporation's (NASDAQ:TSAT) Share Price Boosted 25% But Its Business Prospects Need A Lift Too - simplywall.st Fri, 20 Jun 2025 07
- TSAT.TO stock down 28.17% intraday after creditor lawsuit: what traders should watch - Meyka hu, 22 Jan 2026 08
- Satellite tie-up targets defense, maritime and submarine links - Stock Titan Mon, 26 Jan 2026 08
- Securities Fraud Investigation Into Telesat Corporation (TSAT) Announced – Shareholders Who Lost Money Urged To Contact Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm - Business Wire Fri, 23 Jan 2026 08
- Telesat (NasdaqGS:TSAT) Losses Worsen, But Revenue Growth Forecast Tests Bullish Narratives - Yahoo Finance ue, 04 Nov 2025 08
- Insiders Of Telesat Retain CA$1.2m Of Investment Selling At Higher Prices - simplywall.st hu, 02 Oct 2025 07
- Telesat (TSAT) Reports Q3 Loss, Beats Revenue Estimates - Yahoo Finance ue, 04 Nov 2025 08
- (TSAT) Price Dynamics and Execution-Aware Positioning - Stock Traders Daily Mon, 16 Feb 2026 17
- Here's Why Telesat (TSAT) is a Great Momentum Stock to Buy - Yahoo Finance ue, 01 Jul 2025 07
- A Fresh Look at Telesat (NasdaqGS:TSAT) Valuation After Recent Revenue Growth and Share Price Surge - Yahoo Finance Sun, 12 Oct 2025 07
Insider Transactions
No recent insider transactions.
Financials
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| TaxEffectOfUnusualItems | -13.20M | 30.39M | -33.64M | 2.69M |
| TaxRateForCalcs | 0.04 | 0.13 | 0.26 | 0.34 |
| NormalizedEBITDA | 386.74M | 911.43M | 523.66M | 633.14M |
| TotalUnusualItems | -319.73M | 228.16M | -128.35M | 8.01M |
| TotalUnusualItemsExcludingGoodwill | -319.73M | 228.16M | -128.35M | 8.01M |
| NetIncomeFromContinuingOperationNetMinorityInterest | -87.72M | 157.12M | -23.76M | 92.53M |
| ReconciledDepreciation | 138.61M | 195.76M | 203.73M | 219.75M |
| ReconciledCostOfRevenue | 37.97M | 38.52M | 54.00M | 30.21M |
| EBITDA | 67.02M | 1.14B | 395.30M | 641.15M |
| EBIT | -71.60M | 943.82M | 191.57M | 421.40M |
| NetInterestIncome | -177.76M | -206.51M | -198.19M | -184.58M |
| InterestExpense | 243.91M | 270.96M | 221.76M | 187.99M |
| InterestIncome | 66.15M | 64.44M | 23.56M | 3.42M |
| NormalizedIncome | 218.80M | -40.65M | 70.95M | 87.21M |
| NetIncomeFromContinuingAndDiscontinuedOperation | -87.72M | 157.12M | -23.76M | 92.53M |
| TotalExpenses | 346.38M | 55.63M | 462.72M | 348.24M |
| TotalOperatingIncomeAsReported | -40.27M | 568.85M | 296.45M | 409.12M |
| DilutedAverageShares | 13.94M | 15.29M | 12.31M | 12.02M |
| BasicAverageShares | 13.94M | 13.42M | 12.31M | 12.02M |
| DilutedEPS | -6.29 | 11.29 | -1.90 | 13.12 |
| BasicEPS | -6.29 | 11.71 | -1.90 | 13.12 |
| DilutedNIAvailtoComStockholders | -87.72M | 172.60M | -23.76M | 92.53M |
| AverageDilutionEarnings | 0.00 | 15.49M | 0.00 | |
| NetIncomeCommonStockholders | -87.72M | 157.12M | -23.76M | 92.53M |
| NetIncome | -87.72M | 157.12M | -23.76M | 92.53M |
| MinorityInterests | 214.75M | -426.15M | 57.83M | -69.83M |
| NetIncomeIncludingNoncontrollingInterests | -302.47M | 583.27M | -81.60M | 162.37M |
| NetIncomeContinuousOperations | -302.47M | 583.27M | -81.60M | 162.37M |
| TaxProvision | -13.04M | 89.60M | 51.41M | 71.03M |
| PretaxIncome | -315.50M | 672.87M | -30.19M | 233.40M |
| OtherIncomeExpense | -362.41M | 230.85M | -128.44M | 8.01M |
| OtherNonOperatingIncomeExpenses | -42.68M | 2.69M | -88.00K | |
| SpecialIncomeCharges | -62.44M | 150.40M | 106.92M | -848.00K |
| GainOnSaleOfPPE | -534.00K | 59.00K | 7.00K | -848.00K |
| GainOnSaleOfBusiness | 2.62M | 0.00 | 0.00 | |
| OtherSpecialCharges | -202.49M | -230.08M | -106.92M | |
| ImpairmentOfCapitalAssets | 267.02M | 79.74M | 0.00 | 0.00 |
| GainOnSaleOfSecurity | -257.29M | 77.76M | -235.28M | 8.86M |
| NetNonOperatingInterestIncomeExpense | -177.76M | -206.51M | -198.19M | -184.58M |
| InterestExpenseNonOperating | 243.91M | 270.96M | 221.76M | 187.99M |
| InterestIncomeNonOperating | 66.15M | 64.44M | 23.56M | 3.42M |
| OperatingIncome | 224.67M | 648.53M | 296.45M | 409.97M |
| OperatingExpense | 308.41M | 17.12M | 408.72M | 318.03M |
| OtherOperatingExpenses | 59.47M | -296.56M | 52.83M | -57.84M |
| DepreciationAmortizationDepletionIncomeStatement | 138.61M | 195.76M | 203.73M | 219.75M |
| DepreciationAndAmortizationInIncomeStatement | 138.61M | 195.76M | 203.73M | 219.75M |
| Amortization | 11.34M | 13.09M | 14.98M | 15.98M |
| AmortizationOfIntangiblesIncomeStatement | 11.34M | 13.09M | 14.98M | 15.98M |
| DepreciationIncomeStatement | 127.27M | 182.67M | 188.75M | 203.77M |
| SellingGeneralAndAdministration | 110.33M | 117.92M | 152.15M | 156.11M |
| GeneralAndAdministrativeExpense | 110.33M | 117.92M | 152.15M | 156.11M |
| SalariesAndWages | 110.33M | 117.92M | 152.15M | 156.11M |
| GrossProfit | 533.07M | 665.65M | 705.16M | 728.00M |
| CostOfRevenue | 37.97M | 38.52M | 54.00M | 30.21M |
| TotalRevenue | 571.04M | 704.16M | 759.17M | 758.21M |
| OperatingRevenue | 571.04M | 704.16M | 759.17M | 758.21M |
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| OrdinarySharesNumber | 14.19M | 13.61M | 12.81M | 12.02M |
| ShareIssued | 14.19M | 13.61M | 12.81M | 12.02M |
| NetDebt | 2.54B | 1.53B | 2.17B | 2.34B |
| TotalDebt | 3.13B | 3.23B | 3.88B | 3.83B |
| TangibleBookValue | -2.40B | -2.48B | -2.72B | -2.79B |
| InvestedCapital | 3.81B | 3.86B | 4.33B | 4.21B |
| WorkingCapital | 764.69M | 1.68B | 1.62B | 1.44B |
| NetTangibleAssets | -2.40B | -2.48B | -2.72B | -2.79B |
| CapitalLeaseObligations | 33.38M | 33.34M | 34.11M | 35.68M |
| CommonStockEquity | 710.28M | 661.92M | 481.44M | 415.67M |
| TotalCapitalization | 3.81B | 3.86B | 4.33B | 4.21B |
| TotalEquityGrossMinorityInterest | 2.50B | 2.40B | 1.84B | 1.70B |
| MinorityInterest | 1.79B | 1.74B | 1.36B | 1.28B |
| StockholdersEquity | 710.28M | 661.92M | 481.44M | 415.67M |
| GainsLossesNotAffectingRetainedEarnings | 183.87M | 76.61M | 78.61M | 22.80M |
| RetainedEarnings | 467.33M | 534.06M | 356.27M | 350.03M |
| CapitalStock | 59.08M | 51.25M | 46.55M | 42.84M |
| CommonStock | 59.08M | 51.25M | 46.55M | 42.84M |
| PreferredStock | 0.00 | 0.00 | ||
| TotalLiabilitiesNetMinorityInterest | 4.45B | 3.91B | 4.64B | 4.67B |
| TotalNonCurrentLiabilitiesNetMinorityInterest | 4.19B | 3.78B | 4.47B | 4.48B |
| OtherNonCurrentLiabilities | 13.42M | 14.94M | 19.66M | 23.84M |
| LiabilitiesHeldforSaleNonCurrent | 1.79M | 2.46M | 2.45M | 2.40M |
| DerivativeProductLiabilities | 617.13M | 0.00 | 0.00 | |
| EmployeeBenefits | 70.47M | 71.36M | 32.86M | 45.22M |
| TradeandOtherPayablesNonCurrent | 175.00K | 175.00K | 175.00K | 175.00K |
| NonCurrentDeferredLiabilities | 360.94M | 459.58M | 530.83M | 586.24M |
| NonCurrentDeferredRevenue | 185.40M | 224.33M | 259.58M | 289.93M |
| NonCurrentDeferredTaxesLiabilities | 175.54M | 235.25M | 271.25M | 296.32M |
| LongTermDebtAndCapitalLeaseObligation | 3.13B | 3.23B | 3.88B | 3.83B |
| LongTermCapitalLeaseObligation | 31.34M | 31.12M | 31.99M | 33.73M |
| LongTermDebt | 3.10B | 3.20B | 3.85B | 3.79B |
| CurrentLiabilities | 256.58M | 137.73M | 171.40M | 181.96M |
| OtherCurrentLiabilities | 9.71M | 11.59M | 14.59M | 19.48M |
| CurrentDeferredLiabilities | 57.54M | 55.11M | 66.83M | 78.16M |
| CurrentDeferredRevenue | 57.54M | 55.11M | 66.83M | 78.16M |
| CurrentDebtAndCapitalLeaseObligation | 2.04M | 2.22M | 2.12M | 1.95M |
| CurrentCapitalLeaseObligation | 2.04M | 2.22M | 2.12M | 1.95M |
| CurrentProvisions | 938.00K | 231.00K | 975.00K | 991.00K |
| PayablesAndAccruedExpenses | 186.35M | 68.58M | 86.88M | 81.38M |
| CurrentAccruedExpenses | 20.85M | 21.72M | 38.54M | 19.81M |
| InterestPayable | 20.85M | 21.72M | 38.54M | 19.81M |
| Payables | 165.50M | 46.86M | 48.35M | 61.56M |
| OtherPayable | 50.32M | 39.06M | 41.58M | 51.17M |
| TotalTaxPayable | 7.23M | 3.24M | 4.79M | 6.94M |
| IncomeTaxPayable | 5.91M | 1.92M | 3.48M | 5.62M |
| AccountsPayable | 107.95M | 4.57M | 1.98M | 3.46M |
| TotalAssets | 6.95B | 6.31B | 6.48B | 6.36B |
| TotalNonCurrentAssets | 5.92B | 4.50B | 4.69B | 4.75B |
| OtherNonCurrentAssets | 10.00K | 302.00K | 302.00K | 302.00K |
| DefinedPensionBenefit | 99.55M | 79.64M | 47.31M | 30.11M |
| NonCurrentPrepaidAssets | 1.57M | 998.00K | 932.00K | 1.11M |
| NonCurrentDeferredAssets | 419.49M | 2.95M | 50.23M | 46.70M |
| NonCurrentDeferredTaxesAssets | 3.06M | 2.95M | 49.98M | 46.19M |
| NonCurrentAccountsReceivable | 15.70M | 13.13M | 24.96M | 26.81M |
| FinancialAssets | 0.00 | 1.04M | ||
| InvestmentsAndAdvances | 10.48M | 16.35M | ||
| InvestmentinFinancialAssets | 10.48M | 16.35M | ||
| AvailableForSaleSecurities | 10.48M | 16.35M | ||
| GoodwillAndOtherIntangibleAssets | 3.11B | 3.14B | 3.20B | 3.21B |
| OtherIntangibleAssets | 497.47M | 692.76M | 756.88M | 762.66M |
| Goodwill | 2.61B | 2.45B | 2.45B | 2.45B |
| NetPPE | 2.28B | 1.26B | 1.36B | 1.43B |
| AccumulatedDepreciation | -3.25B | -3.03B | -2.85B | -2.64B |
| GrossPPE | 5.52B | 4.29B | 4.21B | 4.07B |
| ConstructionInProgress | 1.72B | 554.14M | 470.24M | 390.54M |
| OtherProperties | 3.71B | 3.64B | 3.65B | 3.59B |
| BuildingsAndImprovements | 94.07M | 87.38M | 86.22M | 85.73M |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| CurrentAssets | 1.02B | 1.82B | 1.79B | 1.62B |
| OtherCurrentAssets | 33.89M | 41.00M | 33.70M | 17.39M |
| CurrentDeferredAssets | 238.51M | 247.00K | 264.00K | 264.00K |
| PrepaidAssets | 6.60M | 6.61M | 14.34M | 6.43M |
| Inventory | 1.46M | 4.32M | 2.02M | 16.98M |
| OtherInventories | 1.16M | 1.52M | 1.82M | 1.58M |
| WorkInProcess | 300.00K | 2.80M | 200.00K | 15.40M |
| Receivables | 188.18M | 94.80M | 59.66M | 125.92M |
| OtherReceivables | 110.66M | 30.73M | 12.00M | 27.16M |
| TaxesReceivable | 29.25M | 16.51M | 18.41M | 3.22M |
| AccountsReceivable | 48.27M | 47.56M | 29.25M | 95.54M |
| AllowanceForDoubtfulAccountsReceivable | -8.90M | -6.47M | -4.90M | -5.22M |
| GrossAccountsReceivable | 57.18M | 54.02M | 34.15M | 100.76M |
| CashCashEquivalentsAndShortTermInvestments | 552.63M | 1.67B | 1.68B | 1.45B |
| OtherShortTermInvestments | 565.00K | 631.00K | 515.00K | 861.00K |
| CashAndCashEquivalents | 552.06M | 1.67B | 1.68B | 1.45B |
| CashEquivalents | 13.27M | 245.19M | 8.54M | 81.03M |
| CashFinancial | 538.79M | 1.42B | 1.67B | 1.37B |
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| FreeCashFlow | -2.39M | 113.87M | 206.78M | 260.61M |
| RepaymentOfDebt | -158.32M | -346.19M | -99.73M | -2.18M |
| IssuanceOfDebt | 0.00 | 0.00 | 619.90M | |
| CapitalExpenditure | -64.86M | -56.19M | -32.77M | -32.89M |
| InterestPaidSupplementalData | 231.32M | 271.93M | 184.78M | 158.81M |
| IncomeTaxPaidSupplementalData | 68.61M | 67.34M | 98.79M | 94.29M |
| EndCashPosition | 552.06M | 1.67B | 1.68B | 1.45B |
| BeginningCashPosition | 1.67B | 1.68B | 1.45B | 818.38M |
| EffectOfExchangeRateChanges | 82.27M | -35.07M | 104.14M | 2.45M |
| ChangesInCash | -1.20B | 26.37M | 124.06M | 628.77M |
| FinancingCashFlow | -170.20M | -355.74M | -127.19M | 605.24M |
| CashFlowFromContinuingFinancingActivities | -170.20M | -355.74M | -127.19M | 605.24M |
| NetOtherFinancingCharges | -12.30M | -9.58M | -27.46M | -12.49M |
| ProceedsFromStockOptionExercised | 426.00K | 27.00K | 0.00 | 16.00K |
| CashDividendsPaid | 0.00 | 0.00 | -10.00K | |
| PreferredStockDividendPaid | 0.00 | 0.00 | -10.00K | |
| NetIssuancePaymentsOfDebt | -158.32M | -346.19M | -99.73M | 617.72M |
| NetLongTermDebtIssuance | -158.32M | -346.19M | -99.73M | 617.72M |
| LongTermDebtPayments | -158.32M | -346.19M | -99.73M | -2.18M |
| LongTermDebtIssuance | 0.00 | 0.00 | 619.90M | |
| InvestingCashFlow | -1.09B | 212.05M | 11.70M | -269.97M |
| CashFlowFromContinuingInvestingActivities | -1.09B | 212.05M | 11.70M | -269.97M |
| NetOtherInvestingChanges | -1.03B | 268.24M | 44.47M | -237.08M |
| NetBusinessPurchaseAndSale | 3.61M | 0.00 | 0.00 | |
| SaleOfBusiness | 3.61M | 0.00 | 0.00 | |
| NetIntangiblesPurchaseAndSale | -52.00K | -13.27M | -71.00K | -1.16M |
| SaleOfIntangibles | 64.65M | 42.86M | ||
| PurchaseOfIntangibles | -52.00K | -13.27M | -71.00K | -1.16M |
| NetPPEPurchaseAndSale | -64.80M | -42.92M | -32.70M | -31.73M |
| PurchaseOfPPE | -64.80M | -42.92M | -32.70M | -31.73M |
| OperatingCashFlow | 62.46M | 170.06M | 239.55M | 293.50M |
| CashFlowFromContinuingOperatingActivities | 62.46M | 170.06M | 239.55M | 293.50M |
| TaxesRefundPaid | -60.51M | -66.84M | -98.14M | -94.24M |
| InterestPaidCFO | -161.59M | -209.26M | -163.11M | -154.43M |
| ChangeInWorkingCapital | -45.12M | -39.21M | -6.74M | -58.62M |
| ChangeInOtherCurrentLiabilities | -8.01M | -6.81M | -525.00K | 541.00K |
| ChangeInOtherCurrentAssets | -41.59M | -3.88M | -1.45M | -17.81M |
| ChangeInPayablesAndAccruedExpense | 18.28M | -4.08M | -7.07M | 14.07M |
| ChangeInPayable | 18.28M | -4.08M | -7.07M | 14.07M |
| ChangeInReceivables | -13.80M | -24.43M | 2.30M | -55.43M |
| OtherNonCashItems | 163.65M | -193.79M | 130.64M | 73.79M |
| StockBasedCompensation | 17.56M | 33.02M | 67.43M | 73.72M |
| UnrealizedGainLossOnInvestmentSecurities | 12.76M | 0.00 | -4.31M | 18.68M |
| AssetImpairmentCharge | 267.02M | 79.74M | 0.00 | 0.00 |
| DeferredTax | -13.04M | 89.60M | 51.41M | 71.03M |
| DeferredIncomeTax | -13.04M | 89.60M | 51.41M | 71.03M |
| DepreciationAmortizationDepletion | 138.61M | 195.76M | 203.73M | 219.75M |
| DepreciationAndAmortization | 138.61M | 195.76M | 203.73M | 219.75M |
| AmortizationCashFlow | 11.34M | 13.09M | 14.98M | 15.98M |
| AmortizationOfIntangibles | 11.34M | 13.09M | 14.98M | 15.98M |
| Depreciation | 127.27M | 182.67M | 188.75M | 203.77M |
| OperatingGainsLosses | 45.60M | -302.22M | 140.25M | -18.56M |
| PensionAndEmployeeBenefitExpense | 5.65M | 5.67M | 7.59M | 8.13M |
| GainLossOnInvestmentSecurities | 18.68M | |||
| NetForeignCurrencyExchangeGainLoss | 244.53M | -77.76M | 239.59M | -27.54M |
| GainLossOnSaleOfBusiness | -2.62M | 0.00 | 0.00 | |
| NetIncomeFromContinuingOperations | -302.47M | 583.27M | -81.60M | 162.37M |
SEC Filings
No SEC filings found for this symbol (may be non-US or ticker not in SEC index).
Public Trades for TSAT
| Date | User | Asset | Broker | Type | Position Size | Entry Price | Patterns |
|---|