Assessing Telstra Group’s Valuation After Earnings Growth, Higher Dividend And Expanded Buyback Program

Simply Wall St.

Yesterday

Telstra Group (ASX:TLS) is back in focus after its half year 2026 earnings, a higher interim dividend, and an expanded on market buyback program that together highlight management’s capital return ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www-web.itiger.com/news/2613205771"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2613205771\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2613205771?lang=en_US&edition=fundamental","thumbnail":"https://images.simplywall.st/asset/company-cover/91774-main-header/1704769834273","is_english":true,"pubTime":"2026-02-23 08:32","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2613205771","market":"sg","top_or_hot":-1,"title":"Assessing Telstra Group’s Valuation After Earnings Growth, Higher Dividend And Expanded Buyback Program","media":"Simply Wall St.","content":"<div>\n<p>Telstra Group (ASX:TLS) is back in focus after its half year 2026 earnings, a higher interim dividend, and an expanded on market buyback program that together highlight management’s capital return ...</p>\n\n<a href=\"https://simplywall.st/stocks/au/telecom/asx-tls/telstra-group-shares/news/assessing-telstra-groups-valuation-after-earnings-growth-hig\">Source Link</a>\n\n</div>\n","source":"simplywall_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Assessing Telstra Group’s Valuation After Earnings Growth, Higher Dividend And Expanded Buyback Program</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAssessing Telstra Group’s Valuation After Earnings Growth, Higher Dividend And Expanded Buyback Program\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-02-23 08:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://simplywall.st/stocks/au/telecom/asx-tls/telstra-group-shares/news/assessing-telstra-groups-valuation-after-earnings-growth-hig><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Telstra Group (ASX:TLS) is back in focus after its half year 2026 earnings, a higher interim dividend, and an expanded on market buyback program that together highlight management’s capital return ...</p>\n\n<a href=\"https://simplywall.st/stocks/au/telecom/asx-tls/telstra-group-shares/news/assessing-telstra-groups-valuation-after-earnings-growth-hig\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TLS.AU","symbol_name":"TELSTRA GROUP LTD","start_time":0,"source_url":"https://simplywall.st/stocks/au/telecom/asx-tls/telstra-group-shares/news/assessing-telstra-groups-valuation-after-earnings-growth-hig","article_id":"2613205771","we_media_id":null,"thumbnails":["https://images.simplywall.st/asset/company-cover/91774-main-header/1704769834273"],"rights":{"source":"simplywall_highlight","url":"https://simplywall.st/stocks/au/telecom/asx-tls/telstra-group-shares/news/assessing-telstra-groups-valuation-after-earnings-growth-hig","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2613205771","pubTimestamp":1771806752,"columns":[],"sourceInfo":{"source_id":"simplywall_highlight","name":"Simply Wall St."},"weMediaInfo":null,"summary":"Telstra Group (ASX:TLS) is back in focus after its half year 2026 earnings, a higher interim dividend, and an expanded on market buyback program that together highlight management’s capital return priorities.\nSee our latest analysis for Telstra Group.\nThose capital returns come on top of a strong run in the shares, with the latest A$5.11 price sitting alongside a 30 day share price return of 8.26% and a 1 year total shareholder return of 28.46%, which suggests that momentum has been building...","collect":0,"end_time":0,"defaultTopTitle":"simplywall.st","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"TLS.AU":"TELSTRA GROUP LTD"},"translate_title":"评估Telstra Group在盈利增长、更高股息和扩大回购计划后的估值","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TLS.AU":1.5},"content_text":"Telstra Group (ASX:TLS) is back in focus after its half year 2026 earnings, a higher interim dividend, and an expanded on market buyback program that together highlight management’s capital return priorities. See our latest analysis for Telstra Group. Those capital returns come on top of a strong run in the shares, with the latest A$5.11 price sitting alongside a 30 day share price return of 8.26% and a 1 year total shareholder return of 28.46%, which suggests that momentum has been building rather than fading. If Telstra’s mix of income and buybacks has caught your attention, it may be a suitable moment to look at other income oriented plays in infrastructure and services via our 1 top founder-led companies. With earnings rising, a higher interim dividend and an enlarged A$1.25b buyback already on the table, the key question now is whether Telstra at A$5.11 is still undervalued or if the market is already pricing in future growth? AdvertisementMost Popular Narrative: 2.8% Overvalued With Telstra at A$5.11 against a widely followed fair value estimate of about A$4.97, the current price sits slightly above that narrative anchor while still pointing to a steady earnings and cash flow story.  Telstra's ongoing investment in expanding and modernizing its core mobile and fixed network, demonstrated by the rollout of 5G Advanced, intercity fibre projects, and satellite-to-mobile services, positions the company to benefit from surging mobile data consumption, proliferation of connected devices, and the anticipated explosion in demand from IoT, AR/VR, and cloud-enabled applications; these are likely to drive sustained revenue growth and justify premium pricing. (Impacts: Revenue, ARPU, long-term growth)  Read the complete narrative. Want to see what is baked into that price tag? The narrative leans on measured revenue growth, firmer margins, and a future earnings multiple that still assumes investor support. Result: Fair Value of A$4.97 (OVERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, there are still fault lines in the story. Shrinking high margin legacy revenues and intense mobile competition are both capable of pressuring growth and margins. Find out about the key risks to this Telstra Group narrative. Another Angle On Valuation Our DCF model points to a fair value of about A$5.99 per share, which is roughly 14.7% above the current A$5.11 price. This method therefore frames Telstra as undervalued rather than slightly overvalued. When two approaches pull in different directions like this, which one do you trust more? Look into how the SWS DCF model arrives at its fair value. TLS Discounted Cash Flow as at Feb 2026Next Steps If this mix of signals leaves you on the fence, it is worth taking a closer look at the numbers yourself and moving promptly to shape your own view. You can start with 3 key rewards and 2 important warning signs. Looking for more investment ideas? If Telstra has sharpened your focus, do not stop here. Use the Simply Wall St screener to spot other opportunities before the crowd gets there.  Target dependable cash generators by reviewing 11 dividend fortresses that could suit an income focused portfolio. Hunt for mispriced quality using our 8 high quality undervalued stocks to see which companies the numbers suggest may be trading below their potential. Strengthen your core holdings by scanning the solid balance sheet and fundamentals stocks screener (18 results) and filter for businesses with financial positions that look more resilient.   This article by Simply Wall St is general in nature. We provide commentary based on historical data\n    and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your\n    financial situation. We aim to bring you long-term focused analysis driven by fundamental data.\n    Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.\n    Simply Wall St has no position in any stocks mentioned.Valuation is complex, but we're here to simplify it.Discover if Telstra Group might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.Access Free AnalysisHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}