Telstra - Public Comps and Valuation Multiples

Telstra Overview

About Telstra

Telstra is Australia’s biggest telecommunications company, with dominant market shares in voice, mobile, enterprise telecom, legacy voice, and fixed-line broadband resale. The former government monopoly, privatized in 1997, provides 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. Telstra also operates a leading telecom business in Papua New Guinea and surrounding South-Pacific countries.

Founded

1991

HQ

Employees

33.8K+

Website

telstra.com.au

Sectors

Telecom Service Providers
Telecom Infrastructure
Internet Service Providers

Financials

LTM Revenue $14.9B

LTM EBITDA $5.2B

EV

$42.7B

Valuation Multiples

Multiples.vc

Valuation Multiples for 10K+ Public Comps

Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.

Browse Valuation Multiples

Telstra Financials

Telstra has a last 12-month revenue of $14.9B and a last 12-month EBITDA of $5.2B.

In the most recent fiscal year, Telstra achieved revenue of $14.2B and an EBITDA of $4.7B.

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

See Telstra valuation multiples based on analyst estimates

Telstra P&L

	FY 2023	FY 2024	FY 2025	LTM	NTM
Revenue	$14.1B	$14.2B	XXX	XXX	XXX
Gross Profit	$8.0B	$8.7B	XXX	XXX	XXX
Gross Margin	57%	61%	XXX	XXX	XXX
EBITDA	$4.9B	$4.7B	XXX	XXX	XXX
EBITDA Margin	35%	33%	XXX	XXX	XXX
Net Profit	$1.1B	$1.2B	XXX	XXX	XXX
Net Margin	8%	9%	XXX	XXX	XXX
Net Debt	$6.2B	$7.4B	XXX	XXX	XXX

Financial data powered by Morningstar, Inc.

Telstra Stock Performance

As of April 15, 2025, Telstra's stock price is AUD 4 (or $3).

Telstra has current market cap of AUD 51.0B (or $32.0B), and EV of AUD 67.9B (or $42.7B).

See Telstra trading valuation data

Telstra Stock Data

EV	Market Cap	Price 1D	Price 1M	Price 3M	Price 12M	EPS
$42.7B	$32.0B	XXX	XXX	XXX	XXX	$0.11

Benchmark Trading Valuation Multiples by Industry

Sign up to access valuation multiples like growth-adjusted P/E, next 12-month EV/Revenue, EBITDA multiples by industry and many more

Telstra Valuation Multiples

As of April 15, 2025, Telstra has market cap of $32.0B and EV of $42.7B.

Telstra's trades at 2.9x LTM EV/Revenue multiple, and 8.1x LTM EBITDA.

Analysts estimate Telstra's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX

See valuation multiples for Telstra and 10K+ public comps

Telstra Financial Valuation Multiples

	FY 2024	FY 2025E	FY 2026E	FY 2027E
EV	$42.7B	XXX	XXX	XXX
EV/Revenue	2.9x	XXX	XXX	XXX
EV/EBITDA	8.4x	XXX	XXX	XXX
P/E	26.6x	XXX	XXX	XXX
P/E/Growth	1.9x	XXX	XXX	XXX
EV/FCF	26.6x	XXX	XXX	XXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Get Telstra Valuation Multiples

Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.

Telstra Valuation Multiples

Telstra's NTM/LTM revenue growth is 1%

Telstra's revenue per employee for the last fiscal year averaged $0.4M, while opex per employee averaged $0.2M for the same period.

Over next 12 months, Telstra's ratio of sales and marketing spend to revenue is estimated to be XXX , while its R&D spend to revenue to be XXX .

Analysts estimate Telstra's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX

See operational valuation multiples for Telstra and other 10K+ public comps

Telstra Operational Valuation Multiples

	FY 2024	NTM	FY 2025E	FY 2026E	FY 2027E
Revenue Growth	1%	XXX	XXX	XXX	XXX
EBITDA Margin	35%	XXX	XXX	XXX	XXX
EBITDA Growth	-4%	XXX	XXX	XXX	XXX
Rule of 40 (SaaS-only)	36%	XXX	XXX	XXX	XXX
Revenue per Employee	$0.4M	XXX	XXX	XXX	XXX
Opex per Employee	$0.2M	XXX	XXX	XXX	XXX
S&M Expenses to Revenue	1%	XXX	XXX	XXX	XXX
G&A Expenses to Revenue	24%	XXX	XXX	XXX	XXX
R&D Expenses to Revenue	n/a	XXX	XXX	XXX	XXX
Opex to Revenue	50%	XXX	XXX	XXX	XXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Valuation Multiples Across 220+ Verticals

Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!

Digital Therapeutics

Pharma Analytics

Private Equity

ERP Software

Developer Tools

Consumer SaaS

Streaming Platforms

Explore Valuation Multiples by Industry