Telstra Valuation Multiples

Telstra Overview

About Telstra

Telstra is Australia’s largest telecommunications company, with dominant market shares in voice, mobile, enterprise telecom, and fixed-line broadband resale via the national broadband network. The former government monopoly provides most of its services via its infrastructure assets, such as a fixed-line network (data centers, exchanges, poles, ducts, pits and pipes, fiber network), a mobile network, and mobile towers. Its customers span retail, corporate, government, wholesale, and overseas segments. Telstra also provides the government-owned, last-mile fixed-line National Broadband Network with long-term access to its infrastructure, in return for recurring payments. Finally, Telstra operates a leading telecom operation in Papua New Guinea and the surrounding South-Pacific countries.

Founded

1991

HQ

Employees

30.6K

Website

telstra.com.au

Sectors

Telecom Service ProvidersTelecom Infrastructure

Financials (LTM)

Revenue: $16B

EBITDA: $6B

EV

$53B

Valuation Multiples

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Telstra Financials

Telstra reported last 12-month revenue of $16B and EBITDA of $6B.

In the same LTM period, Telstra generated $6B in gross profit, $6B in EBITDA, and $2B in net income.

Telstra P&L

In the most recent fiscal year, Telstra reported revenue of $16B and EBITDA of $6B.

Telstra expects next 12-month revenue of XXX and NTM EBITDA of XXX

Telstra Stock Performance

Telstra has current market cap of $41B, and enterprise value of $53B.

Telstra's stock price is $3.67.

Telstra Valuation Multiples

Telstra trades at 3.3x EV/Revenue multiple, and 8.8x EV/EBITDA.

Telstra Financial Valuation Multiples

As of March 7, 2026, Telstra has market cap of $41B and EV of $53B.

Equity research analysts estimate Telstra's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX

Telstra has a P/E ratio of 26.3x.

Telstra Margins & Growth Rates

Telstra's revenue in the last 12 month grew by 4%.

Telstra's revenue per employee in the last FY averaged $0.5M.

Telstra's rule of 40 is 41% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Telstra's rule of X is 46% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

Telstra Public Comps

See public comps and valuation multiples for other Telecom Service Providers and Telecom Infrastructure comps.

Telstra M&A Activity

Telstra acquired XXX companies to date.

Last acquisition by Telstra was on XXXXXXXX, XXXXX. Telstra acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).

Telstra Investment Activity

Telstra invested in XXX companies to date.

Telstra made its latest investment on XXXXXXXX, XXXXX. Telstra invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).