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Financial distress

TPG Telecom

ASX:TPG · AU0000090128
Diversified Telecommunication ServicesLarge

360

83
EV / EBIT11
Price / Owner Earnings59
Owner Earnings Yield81
Dividend Yield77
Price/Sales52
EV / Gross Profit57
Price/Book73
Return on Capital13
Cash Return on Capital55
Return on Equity18
EBIT Margin19
Gross Profitability43
Cash Conversion81
Accruals100
Owner Earnings Margin73
Sales growth9
Profit Growth37
Long-Term EPS Growth100
Owner Earnings Growth94
Reinvestment20
Price momentum47
Debt load43
Refinancing24
Debt Payback54
Liquidity18
Analyst ratings19
Opinion Changes50
Price Target Upside51
Market mood53
Value Creation8/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

TPG Telecom clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Profile

CountryAustralia
IndustryDiversified Telecommunication Services
SizeLarge
TypePublic Company
ExchangeASX
Founded2001
ISINAU0000090128
Last UpdateApr 2, 2026
Themes
Network BackboneCloud InfrastructureData Centers and Facilities5GNetwork SecurityEnterprise Voip and TelephonyCloud ManagementVoIPTelecommunications

Description

TPG Telecom Limited operates in the telecommunications and technology. The company offers connectivity through various network technologies, including mobile, NBN, and fixed-line services. The company caters to a customer base, offering services that…

Analysis

Middle-of-the-road

TPG Telecom Limited is a middle-of-the-road business: neither the economics nor the price stand out from the peer group.

The price is attractive. You pay 10.1× its owner earnings: the cash an owner could take out each year, which is in the historically attractive zone. At today's price, the market is assuming roughly -3% yearly growth; analysts expect 218%. The price, in other words, assumes less than the experts do.

The trajectory is solid and the balance sheet is adequate. The company scores 8/20 on our value-creation score: creating some value.

What to watch: A large part of the company's book value is the price paid for past acquisitions. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
12
2023202420252026

All-time high

45

Dec 2025

All-time low

4

Mar 2026

Average rank

22

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
52
52
48
40
Price/Earnings
10
18
14
14
Price/Book
73
89
84
70
Dividend Yield
77
73
41
50
Value (overall)
55
70
53
45

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →