Telesat (TSX:TSAT) EV-to-EBITDA: -14.36 (As of Aug. 02, 2026)

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TSX:TSAT Telesat Corp TSX:TSAT
50 GF Score
Price C$52.07
GF Value C$10.87
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Telesat EV-to-EBITDA?

Telesat TSX:TSAT -0.40% 50 EV-to-EBITDA is -14.36 as of Aug. 02, 2026. GuruFocus rates TSX:TSAT with a GF Score™ of 50/100 and a GF Value™ of C$10.87 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,892 Hardware companies, Telesat ranks worse than 52854.07% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Telesat's enterprise value is C$5,059.1 Mil. Telesat's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was C$-352.3 Mil. Therefore, Telesat's EV-to-EBITDA for today is -14.36.

The historical rank and industry rank for Telesat's EV-to-EBITDA or its related term are showing as below:

TSX:TSAT' s EV-to-EBITDA Range Over the Past 10 Years
Min: -154.89   Med: 5.7   Max: 91.36
Current: -14.36

During the past 7 years, the highest EV-to-EBITDA of Telesat was 91.36. The lowest was -154.89. And the median was 5.70.

TSX:TSAT's EV-to-EBITDA is ranked worse than
100% of 1892 companies
in the Hardware industry
Industry Median: 14.7 vs TSX:TSAT: -14.36

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-08-02), Telesat's stock price is C$52.07. Telesat's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was C$-12.470. Therefore, Telesat's PE Ratio (TTM) for today is At Loss.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Telesat  (TSX:TSAT) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Telesat's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=52.07/-12.470
=At Loss

Telesat's share price for today is C$52.07.
Telesat's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-12.470.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Telesat EV-to-EBITDA Related Terms


Telesat EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Telesat's EV-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Telesat EV-to-EBITDA Chart

Telesat Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial 6.38 9.34 3.06 70.12 -21.09

Telesat Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 89.77 -150.98 -20.20 -21.09 -14.28

TSX:TSAT vs CSCO, MSI, HPE: EV-to-EBITDA Comparison

For the Communication Equipment subindustry, Telesat's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Telesat EV-to-EBITDA vs Hardware Industry

For the Hardware industry and Technology sector, Telesat's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Telesat's EV-to-EBITDA falls into.


TSX:TSAT
50GF Score
Telesat Corp TSX:TSAT
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Telesat EV-to-EBITDA Calculation

Telesat's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=5059.078/-352.261
=-14.36

Telesat's current Enterprise Value is C$5,059.1 Mil.
Telesat's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-352.3 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of -14.36 mean?
Telesat (TSX:TSAT) has a EV-to-EBITDA of -14.36 as of Aug. 02, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Telesat. According to the industry distribution chart, Telesat ranks #999999 out of 1892 companies in the Hardware industry.
Is Telesat's EV-to-EBITDA too high?
Telesat's current EV-to-EBITDA is -14.36. Based on the distribution chart, Telesat ranks #999999 out of 1892 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Telesat has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Telesat's EV-to-EBITDA compare to CSCO and MSI?
According to the Hardware industry distribution chart, Telesat ranks #999999 out of 1892 companies for EV-to-EBITDA. This places Telesat in the lower half of its industry. The industry median EV-to-EBITDA is 14.70. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Hardware company?
The median EV-to-EBITDA among Hardware companies is 14.70, based on 1,892 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Telesat. For the Hardware industry, the median EV-to-EBITDA is 14.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Telesat's current EV-to-EBITDA is -14.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Telesat stock overvalued right now?
Based on GuruFocus' analysis, Telesat (TSX:TSAT) is currently considered Significantly Overvalued. The stock's GF Value™ is C$10.87, compared to a current price of C$52.07 — trading 379% above its estimated fair value. The current EV-to-EBITDA is -14.36. Telesat's overall GF Score™ is 50/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Telesat (TSX:TSAT), the current EV-to-EBITDA is -14.36 as of Aug. 02, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Telesat (TSX:TSAT) Overvalued in 2026?

Based on GuruFocus' analysis, Telesat stock appears to be overvalued. The current stock price of C$52.07 is trading 379% above its estimated GF Value™ of C$10.87. GuruFocus considers Telesat to be Significantly Overvalued.

Key valuation signals for TSX:TSAT:

  • EV-to-EBITDA: -14.36
  • GF Value™: C$10.87 vs. price of C$52.07 (379% above fair value)
  • GF Score™: 50/100 with 7 warning signs

No single metric tells the full story. See the TSX:TSAT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Telesat Business Description

Other Exchanges TSAT:USAZE2:Germany
Address 160 Elgin Street, Ottawa, ON, CAN, K2P 2P7
Telesat Corp is a satellite operator, that provides its customers with mission-critical communications services. It operates in a single operating segment, in which it provides satellite-based services to its broadcast, enterprise, and consulting customers around the world. The company has two operating segments: GEO services (GEO) segment that refers to the operation of the fleet of GEO satellite and LEO services (LEO) segment that refers to the deployment and operation of the Telesat Lightspeed constellation Geographically, it derives a majority of its revenue from Canada. It derives revenue from Broadcast, Enterprise, Consulting, and others.
50GF Score

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EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$52.07
Price
C$10.87
GF Value