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The Screen · Technology · Communication Equipment

Telesat Corporation logoTelesat Corporation

TSAT · Nasdaq · USD · Market cap $2.5B · 711 employees

Telesat Corporation, a satellite operator, provides mission-critical communications solutions to support the requirements of satellite users in Canada, the United States, Asia, Australia, Latin America, the Caribbean, Eu…

FAIL · Does not pass the screen
48.59 USD

At the last full screen
2026-09-15

Screened 2026-09-15 · the tape above runs as of 09:00 UTC · two dates, stated on purpose · verdict and workings shown in full · never trimmed

PRICE · FAIR-VALUE RANGE1M3M6MYTD1Y3Y5Y

What this means: price 48.59 against the desk's fair-value range, over the last year.

Current read
Accumulation ?
Screened · screened 2026-09-15
  • Trend Accumulation
  • Insiders no filings inside 60 days, left as found
  • Positioning no disclosures inside 60 days, left as found
  • Options no verdict drawn today, left as found
  • Ethical does not pass the values gate
Price48.59 USD
Ethical score70.0/100
Our investment reviews on this name
2026-09-15Read Distribution41.82+16.2% to today
2026-08-15Read Markup58.92-17.5% to today
2026-07-02Read Accumulation46.91+3.6% to today ✓

Our analytic regime reads on this name, dated and marked against today's price. Small sample per name, and separate from the daily-framework accuracy on the Track Record page.

The full research record, in depth, below
The Label · The Season, Not the Day

This name holds its accumulation label.

Telesat Corporation holds its Accumulation at $48.59. The statistical read favours the buyers, held for 3 days.

As held on the ledger · 2026-09-15
PhaseAccumulation
Quantitative stateThe statistical read favours the buyers, held for 3 days
Price at the screen$48.59
ValuationN/A trailing · -6.67 forward price to earnings
Values screenFAIL · score 70.0
Beta2.05
The Workings

Five Screens, Shown in Full

Does not pass. Debt ratio

TestFigureLimitWhat it meansStatus
Business activity Permissible Core business clean Its core business isn't built on prohibited lines: no gambling, alcohol, tobacco, weapons, or interest-based lending. Pass
Debt load 53.51% Below 33% Interest-bearing debt is 53.5% of its assets, above the one-third ceiling the screen allows. Fail
Interest-bearing cash 0.01% Below 33% Cash held in interest-bearing accounts and securities is 0.0% of assets, under the one-third limit. Pass
Receivables 8.18% Below 49% Money owed to the company is 8.2% of assets, under the 49% limit. Pass
Revenue purity 5.95% Below 5% 5.9% of revenue comes from non-compliant sources, over the 5% line. Fail

Five checks adapted from AAOIFI screening standards: business activity plus four balance-sheet ratios. All five must pass for ethical clearance. Every figure is arithmetic on public accounts, not judgement.

The Business, in Plain Words
The fundamentals · plain-English read
Forward P/E-6.7x
EPS, trailing-18.14
EPS, forward-7.29
Revenue growth-25.1%revenue is shrinking
Profit margin-102.9%currently unprofitable
Return on equity-73.0%not currently earning a positive return on equity
FCF yield26.42%
Debt to equity3.24heavy leverage: higher risk if revenue softens
Current ratio0.17below 1: short-term bills exceed liquid assets
Beta2.05much more volatile than the market
Short interest, float0.09%
52-week range23.01 - 61.54
Market cap$2.5B
Employees711

The risks · The things to watch: it already moves more than the market on an average day; its business and earnings are exposed to Canada and to currency swings; it carries a real debt load, which raises the stakes if revenue slips.

Plain-English interpretation of our own screen data. Analysis, not advice.

Where & How to Trade

TSAT trades on Nasdaq (the company is based in Canada). As a listed security it is accessible through almost any international broker offering its home market. New to this, or investing from abroad? Our guide to accessing global markets covers brokers, currencies and the practical steps.

The Dated Journal · Newest First, Never Edited

Every Entry, As Written

2026-09-15 Distribution · changed $41.82 -29.0% Entry 5

The framework has shifted from markup to distribution since the last review. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 29.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it A. Technically it is holding around 78% above its long-term trend line with momentum reading bullish. Over the past year the shares are up 162%. Our forward projection puts the odds of a 10% gain over the next month near 46%.

2026-08-15 Markup · changed $58.92 +25.6% Entry 4

The framework has shifted from accumulation to markup since the last review. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved up 25.6% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it A. Technically it is holding around 78% above its long-term trend line with momentum reading bullish. Over the past year the shares are up 162%. Our forward projection puts the odds of a 10% gain over the next month near 46%.

2026-07-18 Accumulation $46.91 +0.0% Entry 3

The framework reads accumulation. Smart money appears to be quietly building positions. This typically precedes a markup phase. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it A. Technically it is holding around 78% above its long-term trend line with momentum reading bullish. Over the past year the shares are up 162%. Our forward projection puts the odds of a 10% gain over the next month near 46%.

2026-07-03 Accumulation $46.91 +0.0% Entry 2

The framework reads accumulation. Smart money appears to be quietly building positions. This typically precedes a markup phase. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows excellent risk-adjusted returns.

2026-07-02 Accumulation $46.91 Entry 1

The framework reads accumulation. Smart money appears to be quietly building positions. This typically precedes a markup phase. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows excellent risk-adjusted returns.

Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.

Latest News · What the Market Is Reading on TSAT

Headlines from third-party outlets, linked for reference: not our reporting, not advice.

Related Securities · Others in TSAT's Space

Screened names in the same industry · explore each on its own page.

What Holding Actually Paid · Price Plus Dividends
If $1,000 had been placed · historical, not a promise
PeriodPrice thenPrice returnDivs per share$1,000 becameTotal return
1 month $54.91 -20.1% · $799 -20.1%
2 months $43.15 +1.7% · $1,017 +1.7%
3 months $33.32 +31.7% · $1,317 +31.7%
6 months $35.01 +25.4% · $1,254 +25.4%
1 year $16.76 +161.9% · $2,619 +161.9%
2 years $8.97 +389.3% · $4,893 +389.3%
3 years $8.08 +443.2% · $5,432 +443.2%
5 years $36.53 +20.2% · $1,202 +20.2%

Historical returns from market close data. Past performance does not guarantee future results.

The Ledger's Promise

This entry now belongs to the ledger. Whatever TSAT does next, these words stay.

Telesat Corporation · TSAT · Accumulation · $48.59
Recorded 2026-09-15 · before the outcome · scored mechanically

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Screening is research, not a fatwa and not financial advice. Figures are drawn from public accounts at the screen date shown. Always manage your risk.

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