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Telesat Corporation

NASDAQ•TSAT
CEO: Mr. Daniel S. Goldberg J.D.
セクター: Technology
業種: Communication Equipment
上場日: 2005-07-27
Telesat Corporation, a satellite operator, offers mission-critical communications services to broadcast, enterprise, and consulting customers worldwide. The company's satellite-based services allow direct-to-home (DTH) service providers to deliver television programming, audio, and information channels directly to customers' homes; and allows broadcasters, cable networks, and DTH service providers to transmit television programming services. It offers value-added services, such as satellite capacity, digital encoding of video channels, and uplinking and downlinking services; and occasional use services. The company also offers telecommunication carrier and integrator services that provides satellite capacity and end-to-end services, including space segment services and terrestrial facilities for enterprise connectivity, and internet and cellular backhaul; and rural telephony to telecommunications carriers and network services integrators. In addition, it offers satellite capacity to maritime and aeronautical markets comprising commercial airplanes and vessels; services to the U.S. government through government service integrators, and satellite services to the Canadian government; and direct-to-consumer broadband services. Further, the company operates satellite and terrestrial networks; and communications services for the oil and gas and mining industries. Additionally, it provides satellite operator services; and consulting services related to space and earth segments, government studies, satellite control services, and research and development. The company offers its services primarily through a direct sales force. Telesat Corporation was founded in 1969 and is headquartered in Ottawa, Canada.
連絡先情報
160 Elgin Street, Suite 2100, Ottawa, ON, K2P 2P7, Canada
613-748-8700
www.telesat.com
時価総額
$693.80M
PER (TTM)
-5.3
53.3
配当利回り
--
52週高値
$59.12
52週安値
$16.77
52週レンジ
71%
順位59Top 87.6%
2.2
F-Score
改良版 Piotroski 分析
10年ファンダメンタル
弱い • 2.2 / 9 ポイント
スコアレンジ (0-9)
8-9: 価値が優れている
6-7: 基礎体質が強い
4-5: 全体的に堅調
0-3: パフォーマンスが弱い
データ期間: 2016-2025

財務ダッシュボード

Q1 2026 データ

売上高

$63.64M+0.00%
直近4四半期の推移

EPS

-$2.22+0.00%
直近4四半期の推移

フリーCF

-$83.38M+0.00%
直近4四半期の推移

2025 Annual 決算ハイライト

主なハイライト

GEO Revenue Decline Total revenue $418.0M, down 26.8% from $571.0M; Broadcast revenue fell 28.5% due to contract changes.
Major Impairment Charge Recognized $365.2M impairment loss in 2025, primarily impacting GEO goodwill due to competition pressure.
Lightspeed Financing Advances Received $690.0M in Telesat Lightspeed Financing advances during 2025; $1.85B remains available for deployment costs.
New Arctic Defense Partnership Announced strategic partnership with GoC/MDA in December 2025 to deliver Arctic MILSATCOM capability for Canadian Armed Forces.

リスク要因

Telesat Canada Debt Refinancing Liquidity pressure exists; $2.3B in Telesat Canada Debt matures in 2026/2027 requiring refinancing success.
GEO Business Competition Intensifying competition, especially from Starlink, expected to cause GEO revenue loss and profitability decline if competition fails.
Amortization Expense Spike Amortization increased 289.7% to $44.2M due to orbital slots reclassified from indefinite to finite life assets effective January 1, 2025.
Key Customer Revenue Concentration Top five GEO customers accounted for 64% of 2025 revenues; loss of major customer severely impacts financial outlook.

見通し

Lightspeed Commercial Service Expect first Telesat Lightspeed satellites to launch late 2026, targeting commercial operation around the end of 2027.
Mil-Ka Spectrum Addition Addition of Mil-Ka spectrum to Lightspeed network in 2026 to meet anticipated global demand for mission-critical capacity.
Disciplined GEO Strategy Continue maximizing utilization of existing GEO fleet while maintaining disciplined replacement and expansion spending plans.
Focus on Enterprise Growth Growth strategy focuses on deploying Lightspeed to capture growing demand in enterprise, aviation, maritime, and government verticals.

同業比較

売上高 (TTM)

XRX stock ticker logoXRX
$7.41B
+20.0%
BKKT stock ticker logoBKKT
$1.52B
-59.0%
ADTN stock ticker logoADTN
$1.12B
+18.8%

粗利益率 (最新四半期)

CCSI stock ticker logoCCSI
80.9%
+0.2pp
SOHU stock ticker logoSOHU
78.9%
+6.7pp
DOMO stock ticker logoDOMO
76.8%
-0.8pp

主要指標

銘柄コード
時価総額
PER (TTM)
ROE (TTM)
負債比率
ADTN$1.24B-34.3-24.0%18.4%
FEIM$740.90M102.112.5%8.6%
TSAT$693.80M-5.3-33.0%54.5%

長期トレンド

直近4四半期
売上高
純利益
営業キャッシュフロー
4四半期売上高CAGR
-6.0%
成長鈍化
4四半期純利益CAGR
N/M
収益構造の変化
キャッシュフロー安定性
25%
キャッシュフローに注意が必要

深度リサーチ

財務データ
決算説明会
財務レポート
ニュース
損益計算書
バランスシート
キャッシュフロー計算書
財務比率
変化率
損益計算書
直近12ヶ月
データなし