Telstra at fair value

The telco’s current share price is justified factoring in the value of future NBN cash flows.

It is interesting to reflect that today Telstra (ASX: TLS) has a market value on the Australian Securities Exchange of about $63 billion, while in 2009 it was valued at about $33 billion.

Over the four-year period, the market capitalisation of TLS has lifted by approximately 90% ($30 billion), and the company has paid about $14 billion in fully franked dividends.


{{ twilioFailed ? 'SMS Code Failed to Send…' : 'SMS Code Sent…' }}

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device

Register as a new member

(using a different email)

Related Articles