TSAT

Telesat Corp - Ordinary Shares - Class A

TMT, Event Driven/Special Sit


Presented:02/18/2022
Price:$20.99
Cap:$0.64B
Current Price:$13.30
Cap:$0.19B

Presented

Date02/18/2022
Price$20.99
Market Cap$0.64B
Ent ValueN/A
P/E RatioN/A
Book Value$35.24
Div Yield0%
Shares O/S30.71M
Ave Daily Vol163,179
Short IntN/A

Current

Price$13.30
Market Cap$0.19B
Telesat Corp. delivers satellite communications and consulting services. The company was founded in 1969 and is headquartered in Ottawa, Canada.

Publicly traded companies mentioned herein: Telesat Corp (TSAT), Thales SA (THLEF) 

Highlights

The presenter is long shares of Telesat Corp (TSAT), a Canadian based communications operator with a mature geo-satellite business. The stock is trading at $21, but has significant tailwinds as it transitions from Geo to LEO (low earth orbit) satellites, cornering at least a 1% market share of an industry that is projected to have a $430B TAM in 5 years with 80% EBITDA margins. In addition to having an extremely robust cash flow, TSAT has secured over $2.5B in funding to date from the Canadian government. As it completes its deal with leading satellite manufacturer Thales Alenia Space and gains visibility by carving out a strong market position in this emerging industry, the stock price has an opportunity to test new highs.

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Idea Discussion

Commentor 1 - 2 weeks ago

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