Intrinsic value of TELUS - TU

Previous Close

$36.15

  Intrinsic Value

$16.99

stock screener

  Rating & Target

str. sell

-53%

Previous close

$36.15

 
Intrinsic value

$16.99

 
Up/down potential

-53%

 
Rating

str. sell

*Intrinsic value change (in %) minus stock price change (in %) in the past 12 months.

We calculate the intrinsic value of TU stock by summing up the current values of future distributable cash flows generated by the company and dividing the sum by the number of outstanding shares. As such, the intrinsic value calculation depends entirely on projections. The more accurate your projections of the company's performance are - the more reliable is the intrinsic value calculation result. Please make sure to check the stock valuation input data below and adjust it if necessary. The quality of the output (intrinsic valuation result) is only as good as the quality of the input. See also DISCLAIMERS.

Please visit our new site that uses elements of artificial intelligence for stock valuation: artificial intelligence value of TELUS (TU) stock.

STOCK VALUATION INPUT DATA

Initial revenue growth rate, %
Terminal revenue growth rate, %
Revenue decline factor
Initial discount rate, %
Discount rate multiplier
Shares outstanding, mln

 

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year
2016(a)
   2017
   2018
   2019
   2020
   2021
   2022
   2023
   2024
   2025
   2026
   2027
   2028
   2029
   2030
   2031
   2032
   2033
   2034
   2035
   2036
   2037
   2038
   2039
   2040
   2041
   2042
   2043
   2044
   2045
   2046

INCOME STATEMENT

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue growth rate, %
  2.37
  4.00
  4.10
  4.19
  4.27
  4.34
  4.41
  4.47
  4.52
  4.57
  4.61
  4.65
  4.69
  4.72
  4.75
  4.77
  4.79
  4.81
  4.83
  4.85
  4.86
  4.88
  4.89
  4.90
  4.91
  4.92
  4.93
  4.94
  4.94
  4.95
  4.95
Revenue, $m
  9,418
  9,795
  10,196
  10,624
  11,077
  11,558
  12,068
  12,607
  13,177
  13,780
  14,415
  15,086
  15,793
  16,538
  17,323
  18,149
  19,019
  19,935
  20,898
  21,912
  22,978
  24,099
  25,277
  26,516
  27,819
  29,187
  30,626
  32,137
  33,726
  35,394
  37,147
Variable operating expenses, $m
 
  7,932
  8,246
  8,580
  8,934
  9,310
  9,708
  10,130
  10,575
  11,045
  11,542
  11,786
  12,338
  12,920
  13,533
  14,179
  14,858
  15,574
  16,327
  17,118
  17,951
  18,827
  19,748
  20,716
  21,733
  22,802
  23,926
  25,107
  26,348
  27,651
  29,021
Fixed operating expenses, $m
 
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total operating expenses, $m
  7,803
  7,932
  8,246
  8,580
  8,934
  9,310
  9,708
  10,130
  10,575
  11,045
  11,542
  11,786
  12,338
  12,920
  13,533
  14,179
  14,858
  15,574
  16,327
  17,118
  17,951
  18,827
  19,748
  20,716
  21,733
  22,802
  23,926
  25,107
  26,348
  27,651
  29,021
Operating income, $m
  1,615
  1,862
  1,950
  2,044
  2,143
  2,248
  2,360
  2,478
  2,602
  2,734
  2,873
  3,300
  3,455
  3,618
  3,790
  3,970
  4,161
  4,361
  4,572
  4,793
  5,027
  5,272
  5,530
  5,801
  6,086
  6,385
  6,700
  7,030
  7,378
  7,743
  8,126
EBITDA, $m
  3,130
  3,476
  3,619
  3,770
  3,931
  4,102
  4,283
  4,475
  4,677
  4,891
  5,116
  5,354
  5,605
  5,869
  6,148
  6,441
  6,750
  7,075
  7,417
  7,777
  8,155
  8,553
  8,971
  9,411
  9,873
  10,359
  10,870
  11,406
  11,970
  12,562
  13,184
Interest expense (income), $m
  377
  373
  396
  421
  447
  474
  504
  535
  568
  602
  639
  678
  719
  762
  807
  855
  905
  958
  1,014
  1,073
  1,135
  1,200
  1,268
  1,340
  1,415
  1,495
  1,578
  1,666
  1,758
  1,855
  1,956
Earnings before tax, $m
  1,230
  1,489
  1,554
  1,623
  1,696
  1,774
  1,856
  1,943
  2,035
  2,132
  2,234
  2,622
  2,736
  2,856
  2,982
  3,115
  3,255
  3,403
  3,558
  3,721
  3,892
  4,072
  4,262
  4,461
  4,670
  4,890
  5,122
  5,365
  5,620
  5,888
  6,170
Tax expense, $m
  315
  402
  420
  438
  458
  479
  501
  525
  549
  576
  603
  708
  739
  771
  805
  841
  879
  919
  961
  1,005
  1,051
  1,100
  1,151
  1,204
  1,261
  1,320
  1,383
  1,448
  1,517
  1,590
  1,666
Net income, $m
  905
  1,087
  1,134
  1,185
  1,238
  1,295
  1,355
  1,418
  1,485
  1,556
  1,631
  1,914
  1,997
  2,085
  2,177
  2,274
  2,376
  2,484
  2,597
  2,716
  2,841
  2,973
  3,111
  3,257
  3,409
  3,570
  3,739
  3,916
  4,103
  4,298
  4,504

BALANCE SHEET

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and short-term investments, $m
  320
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total assets, $m
  20,524
  21,019
  21,880
  22,797
  23,771
  24,804
  25,897
  27,054
  28,278
  29,570
  30,934
  32,373
  33,890
  35,489
  37,173
  38,946
  40,814
  42,779
  44,846
  47,021
  49,309
  51,714
  54,243
  56,902
  59,697
  62,634
  65,721
  68,964
  72,372
  75,953
  79,715
Adjusted assets (=assets-cash), $m
  20,204
  21,019
  21,880
  22,797
  23,771
  24,804
  25,897
  27,054
  28,278
  29,570
  30,934
  32,373
  33,890
  35,489
  37,173
  38,946
  40,814
  42,779
  44,846
  47,021
  49,309
  51,714
  54,243
  56,902
  59,697
  62,634
  65,721
  68,964
  72,372
  75,953
  79,715
Revenue / Adjusted assets
  0.466
  0.466
  0.466
  0.466
  0.466
  0.466
  0.466
  0.466
  0.466
  0.466
  0.466
  0.466
  0.466
  0.466
  0.466
  0.466
  0.466
  0.466
  0.466
  0.466
  0.466
  0.466
  0.466
  0.466
  0.466
  0.466
  0.466
  0.466
  0.466
  0.466
  0.466
Average production assets, $m
  15,006
  15,603
  16,243
  16,923
  17,646
  18,413
  19,225
  20,084
  20,992
  21,951
  22,963
  24,032
  25,158
  26,345
  27,595
  28,911
  30,297
  31,756
  33,291
  34,906
  36,604
  38,389
  40,267
  42,241
  44,315
  46,496
  48,787
  51,195
  53,725
  56,383
  59,175
Working capital, $m
  -1,833
  -1,136
  -1,183
  -1,232
  -1,285
  -1,341
  -1,400
  -1,462
  -1,529
  -1,598
  -1,672
  -1,750
  -1,832
  -1,918
  -2,009
  -2,105
  -2,206
  -2,312
  -2,424
  -2,542
  -2,665
  -2,795
  -2,932
  -3,076
  -3,227
  -3,386
  -3,553
  -3,728
  -3,912
  -4,106
  -4,309
Total debt, $m
  9,645
  9,904
  10,516
  11,167
  11,858
  12,592
  13,368
  14,190
  15,058
  15,976
  16,944
  17,966
  19,043
  20,178
  21,374
  22,633
  23,959
  25,354
  26,822
  28,366
  29,990
  31,698
  33,494
  35,381
  37,366
  39,451
  41,643
  43,946
  46,365
  48,908
  51,579
Total liabilities, $m
  14,664
  14,923
  15,535
  16,186
  16,877
  17,611
  18,387
  19,209
  20,077
  20,995
  21,963
  22,985
  24,062
  25,197
  26,393
  27,652
  28,978
  30,373
  31,841
  33,385
  35,009
  36,717
  38,513
  40,400
  42,385
  44,470
  46,662
  48,965
  51,384
  53,927
  56,598
Total equity, $m
  5,860
  6,095
  6,345
  6,611
  6,894
  7,193
  7,510
  7,846
  8,201
  8,575
  8,971
  9,388
  9,828
  10,292
  10,780
  11,294
  11,836
  12,406
  13,005
  13,636
  14,300
  14,997
  15,731
  16,502
  17,312
  18,164
  19,059
  20,000
  20,988
  22,026
  23,117
Total liabilities and equity, $m
  20,524
  21,018
  21,880
  22,797
  23,771
  24,804
  25,897
  27,055
  28,278
  29,570
  30,934
  32,373
  33,890
  35,489
  37,173
  38,946
  40,814
  42,779
  44,846
  47,021
  49,309
  51,714
  54,244
  56,902
  59,697
  62,634
  65,721
  68,965
  72,372
  75,953
  79,715
Debt-to-equity ratio
  1.646
  1.620
  1.660
  1.690
  1.720
  1.750
  1.780
  1.810
  1.840
  1.860
  1.890
  1.910
  1.940
  1.960
  1.980
  2.000
  2.020
  2.040
  2.060
  2.080
  2.100
  2.110
  2.130
  2.140
  2.160
  2.170
  2.180
  2.200
  2.210
  2.220
  2.230
Adjusted equity ratio
  0.278
  0.290
  0.290
  0.290
  0.290
  0.290
  0.290
  0.290
  0.290
  0.290
  0.290
  0.290
  0.290
  0.290
  0.290
  0.290
  0.290
  0.290
  0.290
  0.290
  0.290
  0.290
  0.290
  0.290
  0.290
  0.290
  0.290
  0.290
  0.290
  0.290
  0.290

CASH FLOW

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income, $m
  905
  1,087
  1,134
  1,185
  1,238
  1,295
  1,355
  1,418
  1,485
  1,556
  1,631
  1,914
  1,997
  2,085
  2,177
  2,274
  2,376
  2,484
  2,597
  2,716
  2,841
  2,973
  3,111
  3,257
  3,409
  3,570
  3,739
  3,916
  4,103
  4,298
  4,504
Depreciation, amort., depletion, $m
  1,515
  1,614
  1,669
  1,727
  1,789
  1,854
  1,923
  1,997
  2,074
  2,156
  2,243
  2,054
  2,150
  2,252
  2,359
  2,471
  2,590
  2,714
  2,845
  2,983
  3,129
  3,281
  3,442
  3,610
  3,788
  3,974
  4,170
  4,376
  4,592
  4,819
  5,058
Funds from operations, $m
  2,425
  2,701
  2,803
  2,912
  3,027
  3,149
  3,278
  3,415
  3,560
  3,713
  3,874
  3,968
  4,148
  4,337
  4,536
  4,745
  4,966
  5,198
  5,442
  5,699
  5,970
  6,254
  6,553
  6,867
  7,197
  7,544
  7,909
  8,292
  8,694
  9,117
  9,562
Change in working capital, $m
  42
  -44
  -47
  -50
  -53
  -56
  -59
  -63
  -66
  -70
  -74
  -78
  -82
  -86
  -91
  -96
  -101
  -106
  -112
  -118
  -124
  -130
  -137
  -144
  -151
  -159
  -167
  -175
  -184
  -194
  -203
Cash from operations, $m
  2,383
  2,745
  2,850
  2,961
  3,079
  3,205
  3,337
  3,478
  3,626
  3,783
  3,948
  4,046
  4,230
  4,423
  4,627
  4,841
  5,067
  5,304
  5,554
  5,817
  6,093
  6,384
  6,689
  7,011
  7,348
  7,703
  8,076
  8,467
  8,879
  9,311
  9,765
Maintenance CAPEX, $m
  0
  -1,283
  -1,334
  -1,388
  -1,446
  -1,508
  -1,574
  -1,643
  -1,717
  -1,794
  -1,876
  -1,963
  -2,054
  -2,150
  -2,252
  -2,359
  -2,471
  -2,590
  -2,714
  -2,845
  -2,983
  -3,129
  -3,281
  -3,442
  -3,610
  -3,788
  -3,974
  -4,170
  -4,376
  -4,592
  -4,819
New CAPEX, $m
  -2,318
  -597
  -640
  -681
  -723
  -767
  -812
  -859
  -908
  -959
  -1,013
  -1,068
  -1,126
  -1,187
  -1,250
  -1,317
  -1,386
  -1,459
  -1,535
  -1,615
  -1,698
  -1,786
  -1,877
  -1,974
  -2,075
  -2,180
  -2,291
  -2,408
  -2,530
  -2,658
  -2,793
Cash from investing activities, $m
  -2,163
  -1,880
  -1,974
  -2,069
  -2,169
  -2,275
  -2,386
  -2,502
  -2,625
  -2,753
  -2,889
  -3,031
  -3,180
  -3,337
  -3,502
  -3,676
  -3,857
  -4,049
  -4,249
  -4,460
  -4,681
  -4,915
  -5,158
  -5,416
  -5,685
  -5,968
  -6,265
  -6,578
  -6,906
  -7,250
  -7,612
Free cash flow, $m
  220
  865
  876
  892
  910
  930
  952
  976
  1,001
  1,029
  1,059
  1,015
  1,050
  1,086
  1,125
  1,166
  1,210
  1,256
  1,305
  1,357
  1,412
  1,470
  1,531
  1,595
  1,663
  1,735
  1,810
  1,890
  1,973
  2,061
  2,154
Issuance/(repayment) of debt, $m
  654
  579
  612
  651
  691
  733
  777
  822
  869
  917
  968
  1,022
  1,077
  1,135
  1,196
  1,259
  1,326
  1,395
  1,468
  1,544
  1,624
  1,708
  1,796
  1,888
  1,984
  2,085
  2,192
  2,303
  2,420
  2,542
  2,671
Issuance/(repurchase) of shares, $m
  -132
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash from financing (excl. dividends), $m  
  728
  579
  612
  651
  691
  733
  777
  822
  869
  917
  968
  1,022
  1,077
  1,135
  1,196
  1,259
  1,326
  1,395
  1,468
  1,544
  1,624
  1,708
  1,796
  1,888
  1,984
  2,085
  2,192
  2,303
  2,420
  2,542
  2,671
Total cash flow (excl. dividends), $m
  947
  1,445
  1,488
  1,543
  1,602
  1,663
  1,728
  1,797
  1,870
  1,947
  2,027
  2,037
  2,127
  2,221
  2,321
  2,425
  2,535
  2,651
  2,773
  2,901
  3,036
  3,178
  3,327
  3,483
  3,647
  3,820
  4,002
  4,192
  4,393
  4,603
  4,825
Retained Cash Flow (-), $m
  -182
  -235
  -250
  -266
  -282
  -299
  -317
  -336
  -355
  -375
  -396
  -417
  -440
  -464
  -488
  -514
  -541
  -570
  -600
  -631
  -663
  -698
  -733
  -771
  -810
  -852
  -895
  -941
  -988
  -1,038
  -1,091
Prev. year cash balance distribution, $m
 
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash flow adjustment, $m
 
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash available for distribution, $m
 
  1,209
  1,238
  1,277
  1,319
  1,364
  1,411
  1,462
  1,515
  1,572
  1,632
  1,620
  1,687
  1,757
  1,832
  1,911
  1,994
  2,081
  2,174
  2,271
  2,373
  2,480
  2,593
  2,712
  2,837
  2,968
  3,107
  3,252
  3,405
  3,565
  3,734
Discount rate, %
 
  8.40
  8.82
  9.26
  9.72
  10.21
  10.72
  11.26
  11.82
  12.41
  13.03
  13.68
  14.37
  15.09
  15.84
  16.63
  17.46
  18.34
  19.25
  20.22
  21.23
  22.29
  23.40
  24.57
  25.80
  27.09
  28.45
  29.87
  31.36
  32.93
  34.58
PV of cash for distribution, $m
 
  1,115
  1,046
  979
  910
  839
  766
  693
  620
  548
  479
  395
  337
  283
  234
  190
  152
  119
  91
  69
  50
  36
  25
  17
  11
  7
  5
  3
  2
  1
  1
Current shareholders' claim on cash, %
  100
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0

TELUS Corporation (TELUS) is a telecommunications company. The Company provides a range of telecommunications services and products, including wireless and wireline voice and data. Its data services include Internet protocol (IP), television (TV), hosting, managed information technology and cloud-based services, and certain healthcare solutions. The Company operates through two business segments: Wireless segment and Wireline segment. Its wireless and wireline businesses are primarily operated through TELUS Communications Company (TCC). The Company offers business services, including healthcare, across wireless and wireline are supported through TELUS sales representatives, product specialists, independent dealers and online self-serve applications for small and medium-sized businesses (SMBs). Its business process outsourcing services are supported through sales representatives and client relationship management teams.

FINANCIAL RATIOS  of  TELUS (TU)

Valuation Ratios
P/E Ratio 23.6
Price to Sales 2.3
Price to Book 3.6
Price to Tangible Book
Price to Cash Flow 9
Price to Free Cash Flow 328.1
Growth Rates
Sales Growth Rate 2.4%
Sales - 3 Yr. Growth Rate %
EPS Growth Rate %
EPS - 3 Yr. Growth Rate %
Capital Spending Gr. Rate -32.3%
Cap. Spend. - 3 Yr. Gr. Rate 7.5%
Financial Strength
Quick Ratio 0
Current Ratio 0
LT Debt to Equity 146.6%
Total Debt to Equity 164.6%
Interest Coverage 4
Management Effectiveness
Return On Assets 5.9%
Ret/ On Assets - 3 Yr. Avg. 6.9%
Return On Total Capital 6%
Ret/ On T. Cap. - 3 Yr. Avg. 7.4%
Return On Equity 15.7%
Return On Equity - 3 Yr. Avg. 17.5%
Asset Turnover 0.5
Profitability Ratios
Gross Margin 55.8%
Gross Margin - 3 Yr. Avg. 55.6%
EBITDA Margin 33.1%
EBITDA Margin - 3 Yr. Avg. 34.2%
Operating Margin 17.1%
Oper. Margin - 3 Yr. Avg. 19.1%
Pre-Tax Margin 13.1%
Pre-Tax Margin - 3 Yr. Avg. 14.9%
Net Profit Margin 9.6%
Net Profit Margin - 3 Yr. Avg. 10.9%
Effective Tax Rate 25.6%
Eff/ Tax Rate - 3 Yr. Avg. 26.4%
Payout Ratio 87.5%

TU stock valuation input parameters

Revenue. Company's revenue (or sales) is always the starting point of any cash flow forecast. In the TU stock intrinsic value calculation we used $9418 million for the last fiscal year's total revenue generated by TELUS. The default revenue input number comes from 2016 income statement of TELUS. You may change it if you feel that it should be adjusted for some unusual circumstances that are not expected to be repeated in the future or if you already know (from interim financial statements, for example) that this year's revenue is going to be quite different.

Revenue growth rate. Forecasted future revenue growth rate is the most important input parameter for the intrinsic value calculation. Unlike other input parameters that are reasonably expected to be in line with their historic averages or their historic trends, the revenue growth rate by and large is a wild card: nobody really knows what the company's revenue will be in the future. Of course, the level of unpredictability is different for different industries (utility companies being the most predictable and, thus, less risky).
    We use three input parameters to forecast the revenue growth rate in our TU stock valuation model: a) initial revenue growth rate of 4% whose default value is the revenue growth rate in the most recent quarter compared to the quarterly revenue a year ago; b) terminal revenue growth rate of 5% whose default value is chosen to be close to the average nominal (i.e. not adjusted for inflation) GDP growth rate; and c) revenue decline factor of 0.9, which stipulates that revenue growth rate in each forecasted year will be equal to the difference of the revenue growth rate in the preceding year and the terminal revenue growth rate multiplied by this revenue decline factor (with the passage of time the revenue growth rate will be approaching the terminal revenue growth rate, but not quite reaching it - though the difference could be infinitesimally small).
    At the revenue decline factor of 1, the future revenue growth rate is forecasted to be constant and equal to the initial revenue growth rate. The smaller the revenue decline factor, the faster the revenue growth rate will approach the terminal revenue growth.

Discount rate. The discount rate is used for determining the present value of future cash flows: future cash flows are "discounted" as at normal conditions (that translate into positive expected return on investment) one dollar today is worth more than the same dollar in the future. Unlike all other valuation models, we use variable discount rate, i.e. it increases for each consecutive year. This is done to account for higher risk of cash flows coming in further in the future.
    The initial discount rate of 8.4%, whose default value for TU is calculated based on our internal credit rating of TELUS, is applied to the cash flow expected to be received a year from now (well, actually, to be precise, in the financial year following the base year - the last year for which we have financial statements). For each consecutive year the discount rate is multiplied by the discount rate multiplier of 1.05, e.i. each year it increases by 5%. Feel free to change this number to correspond to your level of risk assessment of TELUS.
    By the way, it is easy to set the discount rate to be constant (this would make comparison with other valuation models easier): just set the discount rate multiplier equal to 1 and chose the magnitude of the initial discount rate to your liking.

Variable cost ratio is the ratio of variable costs (i.e. costs that fluctuate with fluctuation of the volume of production) to the revenue expressed as a percentage. In the calculation of intrinsic value of TU stock the variable cost ratio is equal to 81.1%.

Fixed operating expenses is just that - expenses that are not dependant on the volume of production. They are set to $0 million in the base year in the intrinsic value calculation for TU stock. These expenses increase with the level of inflation in subsequent years.

Interest rate on debt is the average all-in rate of interest paid by the company on its debt. It is set at 4% for TELUS.

Corporate tax rate of 27% is the nominal tax rate for TELUS. In reality, companies find ways to pay much less taxes than that or not to pay them at all.

Cash flow adjustment could be used for any adjustment the investor deems necessary. Most commonly we use this field to account for stock options-related effects in excess of what is reported on the company's income statement. The cash flow adjustment is expressed as a percentage of the revenue, and in the current valuation of the TU stock is equal to 0%.

Production assets are the company's assets used for manufacturing products or provision of services. In the valuation model input table they are expressed as a percentage of revenue and for TU are equal to 159.3%.

Life of production assets of 11.7 years is the average useful life of capital assets used in TELUS operations. It is used to calculate yearly capital expenditures needed to keep these assets in good order - we call it the maintenance CAPEX.

Working capital is the difference between the company's current assets and liabilities. In the model we use the ratio of working capital to revenue, which for TU is equal to -11.6%. A negative number means that the company is apt at using financial resources of its suppliers and customers; a large positive number, on the other hand, means that it either provides in-kind financing to others or is not good at managing its inventories.

Book value of equity - $5860 million for TELUS - is used in calculation of the "floor" for intrinsic valuation based on the discounted cash flow (DCF) method. Even if the prospects are very bad for a company, its assets could always be sold now for their current fair market value.

Shares outstanding of 589.913 million for TELUS is needed to calculate the intrinsic value of one share.

Market capitalization is used here only for reference purposes and as a quick check that the share price and the number of shares outstanding numbers are correct - something especially to be cognizant about at stock splits. So, the market capitalization of TELUS at the current share price and the inputted number of shares is $21.3 billion.

RELATED COMPANIES Price Int.Val. Rating
BCE BCE 44.49 26.40  sell
RCI Rogers Communi 46.11 20.22  str.sell
SJR Shaw Communica 20.01 8.32  str.sell
MSFT Microsoft 92.00 55.03  sell
NFLX Netflix 278.52 103.29  sell
VG Vonage Holding 11.19 3.10  str.sell

COMPANY NEWS

▶ January Top Dividend Stock   [Jan-25-18 08:02AM  Simply Wall St.]
▶ Telus Stock Could See 20% Gain From Here   [Jan-03-18 11:03AM  TheStreet.com]
▶ Is TELUS Corporations (TSE:T) ROE Of 15.29% Sustainable?   [Dec-29-17 08:07AM  Simply Wall St.]
▶ December Dividend Stock Picks   [Dec-25-17 08:02AM  Simply Wall St.]
▶ ETFs with exposure to TELUS Corp. : December 18, 2017   [Dec-18-17 04:36PM  Capital Cube]
▶ Telus Earns RS Rating Upgrade   [Dec-07-17 03:00AM  Investor's Business Daily]
▶ Pay Less for Inflation-Beating Gains With BCE Inc. (USA)   [Dec-06-17 10:13AM  InvestorPlace]
▶ ETFs with exposure to TELUS Corp. : November 30, 2017   [Nov-30-17 02:32PM  Capital Cube]
▶ Best Dividend Stocks This Month   [Nov-24-17 08:02AM  Simply Wall St.]
▶ Is TELUS Corporation (TSX:T) A Financially Sound Company?   [Nov-20-17 05:09PM  Simply Wall St.]
▶ Stocks Showing Improved Relative Strength: Telus   [Nov-13-17 03:00AM  Investor's Business Daily]
▶ TELUS Corporation to Host Earnings Call   [08:30AM  ACCESSWIRE]
▶ Telus misses 3Q profit forecasts   [07:25AM  Associated Press]
▶ Should You Sell TELUS (TU) Before Earnings?   [Nov-08-17 08:44AM  Zacks]
▶ [$$] The Add-On Deal Roundup: Oct. 30   [Oct-30-17 01:02PM  The Wall Street Journal]
▶ iPhone X available for pre-order at TELUS on October 27   [Oct-27-17 08:00AM  Marketwired]
▶ ETFs with exposure to TELUS Corp. : October 26, 2017   [Oct-26-17 10:52AM  Capital Cube]
▶ Is It Time To Sell TELUS Corporation (TSX:T)?   [01:08PM  Simply Wall St.]
▶ YouTube now available on Optik TV   [Oct-02-17 12:00PM  Marketwired]
▶ TELUS Corp. Value Analysis (NYSE:TU) : September 26, 2017   [Sep-26-17 11:27AM  Capital Cube]
▶ ETFs with exposure to TELUS Corp. : August 25, 2017   [Aug-25-17 05:49PM  Capital Cube]
▶ TELUS International Acquires Voxpro   [Aug-16-17 11:15AM  CNW Group]
▶ Top Ranked Income Stocks to Buy for August 15th   [Aug-15-17 10:41AM  Zacks]
▶ Stock Market News For August 14, 2017   [Aug-14-17 10:05AM  Zacks]
▶ Telus misses Street 2Q forecasts   [Aug-11-17 10:15PM  Associated Press]
Financial statements of TU
Follow us on:   twitter   twitter   twitter   twitter

ASSET ALLOCATION

About X-FIN       Site news       Privacy policy       Terms of use       FAQ

Copyright © X-FIN.com 2005-2018. All rigths reserved.