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How to buy Telstra Corporation (TLS) shares in Australia

Learn how to easily invest in Telstra Corporation shares.

Telstra Corporation Limited is a telecommunications and information services provider based in Australia. Its products and services include telephones, mobile broadband, digital content, disconnection services, data centres and much more. Originally founded as Australian and Overseas Telecommunications Corporation Limited, Telstra was renamed in 1993 and listed on the ASX in 1999.

How to buy shares in Telstra Corporation

To buy shares listed in Australia such as Telstra Corporation, you'll need to sign up to a broker with access to the ASX. Our table can help you compare share trading platforms and choose. Then follow these steps.

  1. Open and fund your brokerage account.
    Complete an application with your personal and financial details, including your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
  2. Search for Telstra Corporation.
    Find the share by name or ticker symbol: TLS. Research its history to confirm it's a solid investment against your financial goals.
  3. Purchase now or later.
    Buy today with a market order or use a limit order to delay your purchase until Telstra Corporation reaches your desired price. Look into dollar-cost averaging to spread out your risk, which smooths out buying at consistent intervals and amounts.
  4. Decide on how many to buy.
    At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
  5. Check on your investment.
    Congratulations, you own a part of Telstra Corporation. Optimise your portfolio by tracking how your stock and the business performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that affect your stock.

Telstra Corporation stock price (ASX:TLS)

Use our graph to track the performance of TLS stocks over time.

Telstra Corporation shares at a glance

Information last updated 2024-05-16.
52-week range$3.57 - $4.2633
50-day moving average $3.7356
200-day moving average $3.8697
Target price$4.38
PE ratio 20.5
Dividend yield $0.175 (4.9%)
Earnings per share (TTM) $0.18

Compare share trading platforms

The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.
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Is it a good time to buy Telstra Corporation stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Telstra Corporation price performance over time

Historical closes compared with the last close of A$3.69

1 week (2024-05-09) 1.37%
1 month (2024-04-17) 0.27%
3 months (2024-02-16) -4.40%
6 months (2023-11-17) -3.91%
1 year (2023-05-17) -15.17%
2 years (2022-05-17) -6.11%
3 years (2021-05-17) 7.58%
5 years (2019-05-17) 3.65%

Is Telstra Corporation under- or over-valued?

Valuing Telstra Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Telstra Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Telstra Corporation's P/E ratio

Telstra Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 21x. In other words, Telstra Corporation shares trade at around 21x recent earnings.

That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Telstra Corporation's EBITDA

Telstra Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $6.4 billion (£3.4 billion).

The EBITDA is a measure of a Telstra Corporation's overall financial performance and is widely used to measure stock profitability.

Telstra Corporation financials

Revenue TTM $22.8 billion
Operating margin TTM 14.71%
Gross profit TTM $10.8 billion
Return on assets TTM 4.94%
Return on equity TTM 12.22%
Profit margin 8.88%
Book value 1.325
Market capitalisation $42.6 billion

TTM: trailing 12 months

Telstra Corporation's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Telstra Corporation.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

Telstra Corporation's total ESG risk score

Total ESG risk: 23.57

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Telstra Corporation's overall score of 23.57 (as at 12/31/2018) is pretty good – landing it in it in the 28th percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like Telstra Corporation is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

Telstra Corporation's environmental score

Environmental score: 5.68/100

Telstra Corporation's environmental score of 5.68 puts it squarely in the 6th percentile of companies rated in the same sector. This could suggest that Telstra Corporation is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

Telstra Corporation's social score

Social score: 13.2/100

Telstra Corporation's social score of 13.2 puts it squarely in the 6th percentile of companies rated in the same sector. This could suggest that Telstra Corporation is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

Telstra Corporation's governance score

Governance score: 8.68/100

Telstra Corporation's governance score puts it squarely in the 6th percentile of companies rated in the same sector. That could suggest that Telstra Corporation is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

Telstra Corporation's controversy score

Controversy score: 2/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. Telstra Corporation scored a 2 out of 5 for controversy – the second-highest score possible, reflecting that Telstra Corporation has, for the most part, managed to keep its nose clean.

Environmental, social, and governance (ESG) summary

Telstra Corporation Ltd. was last rated for ESG on: 2019-01-01.

Total ESG score 23.57
Total ESG percentile 28.46
Environmental score 5.68
Environmental score percentile 6
Social score 13.2
Social score percentile 6
Governance score 8.68
Governance score percentile 6
Level of controversy 2

Telstra Corporation share dividends

97%

Dividend payout ratio: 96.59% of net profits

Recently Telstra Corporation has paid out, on average, around 96.59% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.9% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Telstra Corporation shareholders could enjoy a 4.9% return on their shares, in the form of dividend payments. In Telstra Corporation's case, that would currently equate to about A$0.175 per share.

Telstra Corporation's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

The latest dividend was paid out to all shareholders who bought their shares by 27 February 2024 (the "ex-dividend date").

Have Telstra Corporation's shares ever split?

Telstra Corporation's shares were split on 8 September 1999.

Telstra Corporation share price volatility

Over the last 12 months, Telstra Corporation's shares have ranged in value from as little as $3.57 up to $4.2633. A popular way to gauge a stock's volatility is its "beta".

Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while Telstra Corporation's is 0.336. This would suggest that Telstra Corporation's shares are less volatile than average (for this exchange).

Telstra Corporation overview

Telstra Group Limited engages in the provision of telecommunications and information services to businesses, governments, and individuals in Australia and internationally. It operates through four segments: Telstra Consumer and Small Business, Telstra Enterprise, Networks and IT, and Telstra InfraCo. The company offers telecommunication, media and technology products and services to consumer and business customers using mobile and fixed network technologies, as well as operates call centers, retail stores, a dealership network, digital channels, distribution systems and Telstra Plus customer loyalty program in Australia. It also provides network capacity and management, unified communications, cloud, security, industry solutions, integrated and monitoring services to government and large enterprise and business customers; wholesale services, including voice and data; and telecommunication products and services to other carriers, carriage service providers, and internet service providers, as well as builds and manages digital platforms. In addition, the company operates the fixed passive network infrastructure, including data centers, exchanges, poles, ducts, pits and pipes, and fiber network; provides wholesale customers with access to network infrastructure; provides long-term access to components of infrastructure under the infrastructure services agreement; designs and constructs fiber, exchanges, and other infrastructure; and operates the passive and physical mobile tower assets owned or operated by its subsidiary, Amplitel Pty Ltd. The company was formerly known as Telstra Corporation Limited and changed its name to Telstra Group Limited in November 2022. Telstra Group Limited was founded in 1901 and is based in Melbourne, Australia.

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs comes with a higher risk of losing money rapidly due to leverage. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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