TPG Telecom Ltd Ordinary Shares
TPG: XASX (AUS)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
A$5.40 | Dfm | Jmvxgvwfh |
Compositionally Underwhelming but Not Enough To Infect Our Intrinsic View of TPG Telecom
While the 10% fall in TPG Telecom's 2020 full-year pro forma EBITDA to AUD 1,789 million was just 2% higher than our estimate, it was compositionally a little underwhelming.