Telesat (TSX:TSAT) OCF Margin %: 4.16% (As of Mar. 2026) — 87% Below Median


TSX:TSAT Telesat Corp TSX:TSAT
52 GF Score
Price C$61.03
GF Value C$11.00
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Telesat OCF Margin %?

Telesat TSX:TSAT -1.33% 52 OCF Margin % is 4.16% as of Mar. 2026, which is 87% below its 10-year median of 31.55. GuruFocus rates TSX:TSAT with a GF Score™ of 52/100 and a GF Value™ of C$11.00 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 2,469 Hardware companies, Telesat ranks worse than 89.15% on this metric.

OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. Telesat's Cash Flow from Operations for the three months ended in Mar. 2026 was C$3.6 Mil. Telesat's Revenue for the three months ended in Mar. 2026 was C$87.1 Mil. Therefore, Telesat's OCF Margin % for the quarter that ended in Mar. 2026 was 4.16%.

As of today, Telesat's current OCF Yield % is -7.39%.

The historical rank and industry rank for Telesat's OCF Margin % or its related term are showing as below:

TSX:TSAT' s OCF Margin % Range Over the Past 10 Years
Min: 10.94   Med: 31.55   Max: 45.3
Current: -17.67


During the past 7 years, the highest OCF Margin % of Telesat was 45.30%. The lowest was 10.94%. And the median was 31.55%.

TSX:TSAT's OCF Margin % is ranked worse than
89.15% of 2469 companies
in the Hardware industry
Industry Median: 5.28 vs TSX:TSAT: -17.67


Telesat OCF Margin % Related Terms


Telesat OCF Margin % Historical Data

* Premium members only.

The historical data trend for Telesat's OCF Margin % 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 OCF Margin % Chart

Telesat Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
OCF Margin %
Get a 7-Day Free Trial 38.71 31.55 24.15 10.94 15.96

Telesat Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
OCF Margin % 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 118.99 -28.90 -11.23 -32.12 4.16

TSX:TSAT vs CSCO, CIEN, MSI: OCF Margin % Comparison

For the Communication Equipment subindustry, Telesat's OCF Margin %, along with its competitors' market caps and OCF Margin % 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 OCF Margin % vs Hardware Industry

For the Hardware industry and Technology sector, Telesat's OCF Margin % distribution charts can be found below:

* The bar in red indicates where Telesat's OCF Margin % falls into.


TSX:TSAT
52GF Score
Telesat Corp TSX:TSAT
OCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Telesat OCF Margin % Calculation

OCF Margin % is the ratio of Cash Flow from Operations divided by net sales or Revenue, usually presented in percent.

Telesat's OCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

OCF Margin=Cash Flow from Operations (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=66.704/417.956
=15.96 %

Telesat's OCF Margin for the quarter that ended in Mar. 2026 is calculated as

OCF Margin=Cash Flow from Operations (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=3.62/87.06
=4.16 %

* 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 OCF Margin % →
What does a OCF Margin % of 4.16% mean?
Telesat (TSX:TSAT) has a OCF Margin % of 4.16% as of Mar. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Telesat and its competitors. This is 87% below median its historical median of 31.55. Over the past decade, Telesat's OCF Margin % has ranged from 10.94 to 45.30. According to the industry distribution chart, Telesat ranks #2201 out of 2469 companies in the Hardware industry, placing it in the top 89.1%.
Is Telesat's OCF Margin % too high?
Telesat's current OCF Margin % of 4.16% is 87% below median its 10-year median of 31.55. Over the past 10 years, this metric has ranged from a low of 10.94 to a high of 45.30. The Hardware industry median OCF Margin % is 5.28. Telesat's value of 4.16% is 21.2% below this industry median. Based on the distribution chart, Telesat ranks #2201 out of 2469 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Telesat has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Telesat's OCF Margin % compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Telesat ranks #2201 out of 2469 companies for OCF Margin %. This places Telesat in the lower half of its industry. The industry median OCF Margin % is 5.28. Telesat's value of 4.16% is 21.2% below this benchmark. Historically, Telesat's own OCF Margin % has ranged from 10.94 to 45.30 over the past decade. While the company's 10-year median is 31.55 vs. the industry median of 5.28, Telesat has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good OCF Margin % for a Hardware company?
The median OCF Margin % among Hardware companies is 5.28, based on 2,469 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Telesat's current OCF Margin % of 4.16% is 21.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Telesat and its competitors. For the Hardware industry, the median OCF Margin % is 5.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Telesat's current OCF Margin % is 4.16%, which is 87% below median its own 10-year median of 31.55. 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$11.00, compared to a current price of C$61.03 — trading 454.8% above its estimated fair value. The current OCF Margin % is 4.16%, which is 87% below median its 10-year median of 31.55 and 21.2% below the Hardware industry median of 5.28. Telesat's overall GF Score™ is 52/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For Telesat (TSX:TSAT), the current OCF Margin % is 4.16% as of Mar. 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$61.03 is trading 454.8% above its estimated GF Value™ of C$11.00. GuruFocus considers Telesat to be Significantly Overvalued.

Key valuation signals for TSX:TSAT:

  • OCF Margin %: 4.16% (87% below median its 10-year median of 31.55)
  • GF Value™: C$11.00 vs. price of C$61.03 (454.8% above fair value)
  • GF Score™: 52/100 with 7 warning signs
  • Industry Position: 21.2% below the Hardware median (#2201 of 2469)

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.
52GF Score

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OCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$61.03
Price
C$11.00
GF Value