Home / TSAT.TO : TSX

AI Analysis Fundamentals Valuation Video Analysis News Similar

AI Analysis

How does TSAT.TO make money? Does TSAT.TO have pricing power? What's the Earnings Whisper? Will TSAT.TO profit more as the business scales? What is TSAT.TO's management track record? Is TSAT.TO's current price justified?

Telesat Corporation

CAD 67.74 +$28.24 (+71.49%)

TSX · 15 Sep 2026 20:00 UTC

Previous Close

CAD 68.59

Day Range

CAD 65.45CAD 69.65

Year Range

CAD 32.6CAD 85.5

Market Cap

AVG Volume

51.27K

Trailing/Forward PE

-2.73/-

PEG ratio

0.07

Dividend Yield

Next Earnings Date

2026-11-10

Primary Exchange

Toronto Stock Exchange

Revenue (CAD)

TSAT.TO Revenue (CAD) by year
Period	Revenue (CAD)
2025	389.46M
2024	571.04M
2023	704.16M
2022	759.17M
2021	758.21M
2020	820.47M
2019	910.89M
2018	902.93M
2017	927.41M
2016	930.85M

Net Income (CAD)

TSAT.TO Net Income (CAD) by year
Period	Net Income (CAD)
2025	-145.41M
2024	-87.72M
2023	177.44M
2022	-80.12M
2021	139.26M
2020	245.58M
2019	187.18M
2018	-90.94M
2017	505.04M
2016	292.89M

Operating Income (CAD)

TSAT.TO Operating Income (CAD) by year
Period	Operating Income (CAD)
2025	59.5M
2024	-40.28M
2023	648.75M
2022	296.45M
2021	393.36M
2020	402.41M
2019	474.28M
2018	462.31M
2017	486.07M
2016	496.18M

EBITDA (CAD)

TSAT.TO EBITDA (CAD) by year
Period	EBITDA (CAD)
2025	224.43M
2024	-42.6M
2023	877.03M
2022	394.94M
2021	603.67M
2020	632.26M
2019	738.12M
2018	711.47M
2017	733.46M
2016	748.64M

Cash Flows (CAD)

TSAT.TO Cash Flows (CAD) by year
Period	Cash Flows (CAD)
2025	-351.15M
2024	-2.39M
2023	29.58M
2022	196.08M
2021	260.61M
2020	279.47M
2019	363.6M
2018	382.91M
2017	340.1M
2016	283.55M

EPS (CAD)

TSAT.TO EPS (CAD) by year
Period	EPS (CAD)
2025	-9.98
2024	-6.85
2023	12.61
2022	-6.99
2021	11.61
2020	-18.98
2019	1.57
2018	-0.76
2017	4.22
2016	2.44

Expenses (CAD)

TSAT.TO Expenses (CAD) by year
Period	Expenses (CAD)
2025	704.65M
2024	201.2M
2023	305.72M
2022	233.63M
2021	222.46M
2020	133.35M
2019	18.59M
2018	89.01M
2017	152.86M
2016	251.09M

Cash & Debt (CAD)

TSAT.TO Cash & Debt (CAD) by year
Period	Cash & Debt (CAD)
2025	509.8M
2024	552.63M
2023	1.67B
2022	1.68B
2021	1.45B
2020	818.38M
2019	1.03B
2018	787.07M
2017	479.21M
2016	782.41M

Debt ratios

TSAT.TO Debt ratios by year
Period	Debt ratios
2025	2.08
2024	1.41
2023	0.62
2022	0.93
2021	0.87
2020	0.86
2019	0.93
2018	1

Margins

TSAT.TO Margins by year
Period	Margins
2025	69.27%
2024	74.44%
2023	94.53%
2022	92.89%
2021	96.01%
2020	72.63%
2019	82.02%
2018	79.42%
2017	79.76%
2016	81.21%

Return on Capital

TSAT.TO Return on Capital by year
Period	Return on Capital
2025	-8.22%
2024	-3.51%
2023	7.4%
2022	-4.36%
2021	8.19%
2020	16.82%
2019	15.03%
2018	-8.32%
2017	44.19%
2016	24.53%

Shares Outstanding

TSAT.TO Shares Outstanding by year
Period	Shares Outstanding
2025	14.84M
2024	14.08M
2023	13.67M
2022	12.81M
2021	12.02M
2020	119.81M
2019	119.76M
2018	119.72M
2017	119.68M
2016	119.67M

Book Value Per Share (CAD)

TSAT.TO Book Value Per Share (CAD) by year
Period	Book Value Per Share (CAD)
2025	119.22
2024	177.28
2023	175.53
2022	143.35
2021	141.41
2020	12.19
2019	10.4
2018	9.13
2017	9.55
2016	9.98

Total Assets (CAD)

TSAT.TO Total Assets (CAD) by year
Period	Total Assets (CAD)
2025	6.6B
2024	6.95B
2023	6.27B
2022	6.48B
2021	6.37B
2020	5.58B
2019	5.92B
2018	5.88B
2017	5.7B
2016	6.14B

PE Ratio

TSAT.TO PE Ratio by year
Period	PE Ratio
Mar 25	7.79
Mar 25	8.66
Mar 25	10.47
Mar 25	7.49
Feb 25	7.32
Feb 25	7.85
Feb 25	8.81
Feb 25	8.2
Jan 25	7.78
Jan 25	7.29
Jan 25	6.67
Jan 25	6.78
Jan 25	7.24
Dec 24	11.03
Dec 24	11.48
Dec 24	11.12
Dec 24	10.3
Nov 24	9.04
Nov 24	7.83
Nov 24	7.94
Nov 24	7.32
Nov 24	8.2
Oct 24	8.5
Oct 24	8.97
Oct 24	8.88
Oct 24	8.55
Sep 24	1.85
Sep 24	1.66
Sep 24	1.68
Sep 24	1.51
Aug 24	1.5
Aug 24	1.38
Aug 24	1.31
Aug 24	1.09
Aug 24	1.12
Jul 24	1.17
Jul 24	1.17
Jul 24	1.14
Jul 24	1.16
Jun 24	0.96
Jun 24	0.85
Jun 24	0.85
Jun 24	1
May 24	1.19
May 24	0.99
May 24	0.82
May 24	0.76
May 24	0.79
Apr 24	0.78
Apr 24	0.82
Apr 24	0.84
Apr 24	0.83
Mar 24	0.6
Mar 24	0.65
Mar 24	0.69
Mar 24	0.69
Mar 24	0.63
Feb 24	0.61
Feb 24	0.65
Feb 24	0.68
Feb 24	0.69
Jan 24	0.68
Jan 24	0.67
Jan 24	0.67
Jan 24	0.69
Dec 23	0.72
Dec 23	5.63
Dec 23	6.06
Dec 23	6.11
Dec 23	6.46
Nov 23	6.53
Nov 23	6.7
Nov 23	6.69
Nov 23	6.88
Oct 23	5.93
Oct 23	6.55
Oct 23	6.78
Oct 23	7.24
Sep 23	8.2
Dec 22	1.14
Dec 22	1.08
Dec 22	1.22
Dec 22	1.44
Nov 22	1.41
Nov 22	1.34
Nov 22	1.31
Nov 22	1.29
Oct 22	1.29
Oct 22	1.12
Oct 22	1.2
Oct 22	1.32
Sep 22	1.3
Sep 22	0.91
Sep 22	1.01
Sep 22	1.26
Sep 22	1.18
Aug 22	1.29
Aug 22	1.24
Aug 22	1.4
Aug 22	1.37

Free Cash Flow Yield

TSAT.TO Free Cash Flow Yield by year
Period	Free Cash Flow Yield
Sep 26	-55.42%
Sep 26	-55.08%
Sep 26	-61.17%
Aug 26	-63.74%
Aug 26	-62.16%
Aug 26	-53.99%
Aug 26	-46.49%
Jul 26	-73%
Jul 26	-71.78%
Jul 26	-74.3%
Jul 26	-64.72%
Jul 26	-56.8%
Jun 26	-39.56%
Jun 26	-36.63%
Jun 26	-36.17%
Jun 26	-38.16%
May 26	-31.55%
May 26	-32.09%
May 26	-32.96%
May 26	-31.58%
May 26	-35.84%
Apr 26	-36.24%
Apr 26	-33.35%
Apr 26	-39.34%
Apr 26	-42.63%
Mar 26	-15.72%
Mar 26	-15.85%
Mar 26	-16.99%
Mar 26	-19.26%
Feb 26	-18.73%
Feb 26	-19.54%
Feb 26	-22.5%
Feb 26	-22.19%
Jan 26	-20.3%
Jan 26	-19.38%
Jan 26	-16.38%
Jan 26	-17.67%
Jan 26	-20.37%
Dec 25	-19.7%
Dec 25	-20.59%
Dec 25	-18.13%
Dec 25	-20.79%
Nov 25	-22.04%
Nov 25	-23.98%
Nov 25	-22.97%
Nov 25	-21.98%
Oct 25	0.21%
Oct 25	0.2%
Oct 25	0.19%
Oct 25	0.2%
Oct 25	0.21%
Sep 25	9.02%
Sep 25	9.3%
Sep 25	10.26%
Sep 25	9.87%
Aug 25	11.13%
Aug 25	10.89%
Aug 25	10.35%
Aug 25	10.95%
Aug 25	9.76%
Jul 25	8.86%
Jul 25	8.55%
Jul 25	9.94%
Jul 25	9.04%
Jun 25	-0.52%
Jun 25	-0.54%
Jun 25	-0.73%
Jun 25	-0.77%
May 25	-0.77%
May 25	-0.8%
May 25	-0.72%
May 25	-0.73%
May 25	-0.73%
Apr 25	-0.81%
Apr 25	-0.72%
Apr 25	-0.7%
Apr 25	-0.73%
Mar 25	-6.14%
Mar 25	-5.52%
Mar 25	-4.57%
Mar 25	-6.38%
Feb 25	-6.53%
Feb 25	-6.09%
Feb 25	-5.43%
Feb 25	-5.83%
Jan 25	-6.15%
Jan 25	-6.56%
Jan 25	-7.17%
Jan 25	-7.05%
Jan 25	-6.61%
Dec 24	-1.69%
Dec 24	-1.62%
Dec 24	-1.68%
Dec 24	-1.81%
Nov 24	-2.06%
Nov 24	-2.38%
Nov 24	-2.35%
Nov 24	-2.55%
Nov 24	-2.27%
Oct 24	-2.19%

Price to Sales

TSAT.TO Price to Sales by year
Period	Price to Sales
Sep 26	2.86
Sep 26	2.87
Sep 26	2.59
Aug 26	2.48
Aug 26	2.55
Aug 26	2.93
Aug 26	3.4
Jul 26	2.17
Jul 26	2.21
Jul 26	2.13
Jul 26	2.45
Jul 26	2.79
Jun 26	2.28
Jun 26	2.46
Jun 26	2.49
Jun 26	2.36
May 26	2.86
May 26	2.81
May 26	2.74
May 26	2.85
May 26	2.52
Apr 26	2.49
Apr 26	2.7
Apr 26	2.29
Apr 26	2.11
Mar 26	1.79
Mar 26	1.77
Mar 26	1.65
Mar 26	1.46
Feb 26	1.5
Feb 26	1.44
Feb 26	1.25
Feb 26	1.27
Jan 26	1.39
Jan 26	1.45
Jan 26	1.72
Jan 26	1.59
Jan 26	1.38
Dec 25	1.43
Dec 25	1.37
Dec 25	1.55
Dec 25	1.35
Nov 25	1.28
Nov 25	1.17
Nov 25	1.22
Nov 25	1.28
Oct 25	1.27
Oct 25	1.32
Oct 25	1.36
Oct 25	1.33
Oct 25	1.25
Sep 25	0.94
Sep 25	0.91
Sep 25	0.83
Sep 25	0.86
Aug 25	0.76
Aug 25	0.78
Aug 25	0.82
Aug 25	0.78
Aug 25	0.87
Jul 25	0.96
Jul 25	0.99
Jul 25	0.85
Jul 25	0.94
Jun 25	0.81
Jun 25	0.78
Jun 25	0.57
Jun 25	0.54
May 25	0.55
May 25	0.53
May 25	0.58
May 25	0.57
May 25	0.57
Apr 25	0.52
Apr 25	0.58
Apr 25	0.59
Apr 25	0.58
Mar 25	0.62
Mar 25	0.69
Mar 25	0.84
Mar 25	0.6
Feb 25	0.59
Feb 25	0.63
Feb 25	0.7
Feb 25	0.66
Jan 25	0.62
Jan 25	0.58
Jan 25	0.53
Jan 25	0.54
Jan 25	0.58
Dec 24	0.51
Dec 24	0.53
Dec 24	0.51
Dec 24	0.47
Nov 24	0.42
Nov 24	0.36
Nov 24	0.37
Nov 24	0.34
Nov 24	0.38
Oct 24	0.39

EV/EBITDA

TSAT.TO EV/EBITDA by year
Period	EV/EBITDA
Sep 26	19.29
Sep 26	19.32
Sep 26	18.84
Aug 26	18.67
Aug 26	18.77
Aug 26	19.42
Aug 26	20.21
Jul 26	18.14
Jul 26	18.2
Jul 26	18.08
Jul 26	18.61
Jul 26	19.18
Jun 26	17.43
Jun 26	17.75
Jun 26	17.8
Jun 26	17.57
May 26	18.43
May 26	18.35
May 26	18.22
May 26	18.43
May 26	17.84
Apr 26	17.79
Apr 26	18.17
Apr 26	17.45
Apr 26	17.14
Mar 25	4.37
Mar 25	4.45
Mar 25	4.63
Mar 25	4.34
Feb 25	4.33
Feb 25	4.38
Feb 25	4.47
Feb 25	4.41
Jan 25	4.37
Jan 25	4.32
Jan 25	4.26
Jan 25	4.28
Jan 25	4.32
Dec 24	4
Dec 24	4.03
Dec 24	4.01
Dec 24	3.95
Nov 24	3.88
Nov 24	3.8
Nov 24	3.81
Nov 24	3.77
Nov 24	3.82
Oct 24	3.84
Oct 24	3.87
Oct 24	3.87
Oct 24	3.85
Sep 24	2.11
Sep 24	2.07
Sep 24	2.08
Sep 24	2.05
Aug 24	2.05
Aug 24	2.03
Aug 24	2.02
Aug 24	1.99
Aug 24	1.99
Jul 24	2
Jul 24	2
Jul 24	1.99
Jul 24	2
Jun 24	1.97
Jun 24	1.95
Jun 24	1.95
Jun 24	1.98
May 24	2.02
May 24	1.98
May 24	1.95
May 24	1.93
May 24	1.94
Apr 24	1.94
Apr 24	1.95
Apr 24	1.95
Apr 24	1.95
Mar 24	1.79
Mar 24	1.8
Mar 24	1.81
Mar 24	1.81
Mar 24	1.79
Feb 24	1.79
Feb 24	1.8
Feb 24	1.81
Feb 24	1.81
Jan 24	1.81
Jan 24	1.81
Jan 24	1.81
Jan 24	1.81
Dec 23	1.82
Dec 23	3.03
Dec 23	3.05
Dec 23	3.06
Dec 23	3.07
Nov 23	3.08
Nov 23	3.08
Nov 23	3.08
Nov 23	3.09
Oct 23	3.05

Price/Operating Cashflow

TSAT.TO Price/Operating Cashflow by year
Period	Price/Operating Cashflow
Jun 26	13.31
Jun 26	14.37
Jun 26	14.55
Jun 26	13.8
May 26	16.69
May 26	16.4
May 26	15.97
May 26	16.67
May 26	14.69
Apr 26	14.52
Apr 26	15.79
Apr 26	13.38
Apr 26	12.35
Mar 26	7.95
Mar 26	7.89
Mar 26	7.36
Mar 26	6.49
Feb 26	6.68
Feb 26	6.4
Feb 26	5.56
Feb 26	5.63
Jan 26	6.16
Jan 26	6.45
Jan 26	7.63
Jan 26	7.08
Jan 26	6.14
Dec 25	6.35
Dec 25	6.07
Dec 25	6.9
Dec 25	6.01
Nov 25	5.67
Nov 25	5.21
Nov 25	5.44
Nov 25	5.69
Oct 25	5.94
Oct 25	6.2
Oct 25	6.38
Oct 25	6.23
Oct 25	5.87
Sep 25	4.01
Sep 25	3.89
Sep 25	3.52
Sep 25	3.66
Aug 25	3.25
Aug 25	3.32
Aug 25	3.49
Aug 25	3.3
Aug 25	3.7
Jul 25	4.08
Jul 25	4.23
Jul 25	3.64
Jul 25	4
Jun 25	7.39
Jun 25	7.1
Jun 25	5.24
Jun 25	4.97
May 25	4.99
May 25	4.82
May 25	5.31
May 25	5.21
May 25	5.22
Apr 25	4.73
Apr 25	5.29
Apr 25	5.44
Apr 25	5.27
Mar 25	4.91
Mar 25	5.46
Mar 25	6.6
Mar 25	4.72
Feb 25	4.62
Feb 25	4.95
Feb 25	5.55
Feb 25	5.17
Jan 25	4.9
Jan 25	4.6
Jan 25	4.2
Jan 25	4.27
Jan 25	4.56
Dec 24	2.47
Dec 24	2.57
Dec 24	2.49
Dec 24	2.3
Nov 24	2.02
Nov 24	1.75
Nov 24	1.78
Nov 24	1.64
Nov 24	1.83
Oct 24	1.9
Oct 24	2.01
Oct 24	1.99
Oct 24	1.91
Sep 24	1.36
Sep 24	1.22
Sep 24	1.24
Sep 24	1.11
Aug 24	1.11
Aug 24	1.02
Aug 24	0.97
Aug 24	0.81
Aug 24	0.83

Price to Book

TSAT.TO Price to Book by year
Period	Price to Book
Sep 26	0.62
Sep 26	0.62
Sep 26	0.56
Aug 26	0.54
Aug 26	0.55
Aug 26	0.63
Aug 26	0.74
Jul 26	0.47
Jul 26	0.48
Jul 26	0.46
Jul 26	0.53
Jul 26	0.6
Jun 26	0.5
Jun 26	0.54
Jun 26	0.55
Jun 26	0.52
May 26	0.63
May 26	0.62
May 26	0.6
May 26	0.63
May 26	0.55
Apr 26	0.55
Apr 26	0.6
Apr 26	0.5
Apr 26	0.47
Mar 26	0.34
Mar 26	0.33
Mar 26	0.31
Mar 26	0.27
Feb 26	0.28
Feb 26	0.27
Feb 26	0.24
Feb 26	0.24
Jan 26	0.26
Jan 26	0.27
Jan 26	0.32
Jan 26	0.3
Jan 26	0.26
Dec 25	0.27
Dec 25	0.26
Dec 25	0.29
Dec 25	0.25
Nov 25	0.24
Nov 25	0.22
Nov 25	0.23
Nov 25	0.24
Oct 25	0.27
Oct 25	0.28
Oct 25	0.29
Oct 25	0.29
Oct 25	0.27
Sep 25	0.21
Sep 25	0.2
Sep 25	0.18
Sep 25	0.19
Aug 25	0.17
Aug 25	0.17
Aug 25	0.18
Aug 25	0.17
Aug 25	0.19
Jul 25	0.21
Jul 25	0.22
Jul 25	0.19
Jul 25	0.21
Jun 25	0.18
Jun 25	0.18
Jun 25	0.13
Jun 25	0.12
May 25	0.12
May 25	0.12
May 25	0.13
May 25	0.13
May 25	0.13
Apr 25	0.12
Apr 25	0.13
Apr 25	0.14
Apr 25	0.13
Mar 25	0.14
Mar 25	0.16
Mar 25	0.19
Mar 25	0.14
Feb 25	0.13
Feb 25	0.14
Feb 25	0.16
Feb 25	0.15
Jan 25	0.14
Jan 25	0.13
Jan 25	0.12
Jan 25	0.12
Jan 25	0.13
Dec 24	0.13
Dec 24	0.13
Dec 24	0.13
Dec 24	0.12
Nov 24	0.1
Nov 24	0.09
Nov 24	0.09
Nov 24	0.08
Nov 24	0.09
Oct 24	0.1

No video analysis for this stock yet. Request one from our team.

News: TSAT.TO

feeds.newsfilecorp.com · 9 Sep 2026

Telesat Named to the TSX30, Ranking Among the Top Performing Stocks on the Toronto Stock Exchange

Ottawa, Ontario--(Newsfile Corp. - September 9, 2026) - Telesat Corporation (NASDAQ: TSAT) (TSX: TSAT), one of the world's largest and

AI Analysis

Telesat Corporation

Video analysis: TSAT.TO

News: TSAT.TO

Telesat Named to the TSX30, Ranking Among the Top Performing Stocks on the Toronto Stock Exchange

Similar companies