{"id":624694,"date":"2026-04-24T03:19:16","date_gmt":"2026-04-24T03:19:16","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/624694\/"},"modified":"2026-04-24T03:19:16","modified_gmt":"2026-04-24T03:19:16","slug":"assessing-telus-tsxt-valuation-after-new-purefibre-expansion-in-calgary-bonavista","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/624694\/","title":{"rendered":"Assessing TELUS (TSX:T) Valuation After New PureFibre Expansion In Calgary Bonavista"},"content":{"rendered":"\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/simplywall.st\/?utm_medium=finance_user&amp;utm_campaign=analysis_head_cta&amp;utm_source=yahoo&amp;blueprint=4536356\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Make better investment decisions;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Make better investment decisions&quot;}\" class=\"link \">Make better investment decisions<\/a> with Simply Wall St&#8217;s easy, visual tools that give you a competitive edge.<\/p>\n<p class=\"yf-1fy9kyt\">The latest PureFibre announcement from TELUS (TSX:T) in Calgary-Bonavista puts fresh attention on how the company is deploying capital into fibre infrastructure and what that could mean for its broader telecom and digital services footprint.<\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/www.simplywall.st\/company\/id\/a9911075-537b-499b-91cd-5e81dcd07efa?utm_medium=finance_user&amp;utm_campaign=cta_company_latest_analysis&amp;utm_source=yahoo\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:See our latest analysis for TELUS.;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;See our latest analysis for TELUS.&quot;}\" class=\"link \">See our latest analysis for TELUS.<\/a><\/p>\n<p class=\"yf-1fy9kyt\">While the PureFibre build and TELUS\u2019s appearance at the Adobe Summit keep attention on its digital capabilities, the share price has softened. A 30 day share price return of 6.18% decline and a 1 year total shareholder return of 11.40% decline suggest momentum has been fading.<\/p>\n<p class=\"yf-1fy9kyt\">If this fibre expansion has you thinking about other infrastructure driven opportunities, it could be worth scanning <a href=\"https:\/\/simplywall.st\/discover\/investing-ideas\/473750\/power-grid-technology-stocks\/global?utm_medium=finance_user&amp;utm_campaign=cta_screener_power_grid&amp;utm_source=yahoo&amp;blueprint=4536356\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:33 power grid technology and infrastructure stocks;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;33 power grid technology and infrastructure stocks&quot;}\" class=\"link \">33 power grid technology and infrastructure stocks<\/a><\/p>\n<p class=\"yf-1fy9kyt\">With TELUS shares delivering a 26.65% 3 year total shareholder return decline and trading below some valuation estimates, the key question is whether the market is overlooking fibre and digital growth or already pricing it in.<\/p>\n<p class=\"yf-1fy9kyt\">With TELUS shares at around CA$16.99 versus a narrative fair value of CA$20.59, the current price sits well below what this widely followed view assumes. This sets up a valuation story built around future cash flows rather than recent share price weakness.<\/p>\n<p class=\"yf-1kwbn3\">Deployment and commercialization of next-generation technologies, including AI-powered customer experience platforms, data center assets for &#8220;sovereign AI&#8221; infrastructure, and private 5G, position TELUS to create new revenue streams, lower cost-to-serve, and enhance its competitive moat, translating into higher future earnings and margin improvements.<\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/www.simplywall.st\/narratives\/9yhlnqp6-broadband-expansion-and-digital-health-will-drive-future-value-3s0s?utm_medium=finance_user&amp;utm_campaign=cta_narrative_prompt_after_quote&amp;utm_source=yahoo\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Read the complete narrative.;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Read the complete narrative.&quot;}\" class=\"link \">Read the complete narrative.<\/a><\/p>\n<p class=\"yf-1fy9kyt\">Want to see what is driving that projected earnings lift and higher margin profile? The key inputs blend measured revenue growth, firmer profitability and a richer future earnings multiple.<\/p>\n<p class=\"yf-1fy9kyt\">Result: Fair Value of CA$20.59 (UNDERVALUED)<\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/www.simplywall.st\/narratives\/9yhlnqp6-broadband-expansion-and-digital-health-will-drive-future-value-3s0s?utm_medium=finance_user&amp;utm_campaign=cta_ai_narrative&amp;utm_source=yahoo\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Have a read of the narrative in full and understand what&#039;s behind the forecasts.;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Have a read of the narrative in full and understand what&#039;s behind the forecasts.&quot;}\" class=\"link \">Have a read of the narrative in full and understand what&#8217;s behind the forecasts.<\/a><\/p>\n<p class=\"yf-1fy9kyt\">However, TELUS\u2019s heavy capital needs and regulatory pressure on pricing could still squeeze margins and limit the extent to which fibre and digital initiatives ultimately add value.<\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/www.simplywall.st\/company\/id\/a9911075-537b-499b-91cd-5e81dcd07efa?utm_medium=finance_user&amp;utm_campaign=risks_narrative_cta&amp;utm_source=yahoo\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Find out about the key risks to this TELUS narrative.;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Find out about the key risks to this TELUS narrative.&quot;}\" class=\"link \">Find out about the key risks to this TELUS narrative.<\/a><\/p>\n<p class=\"yf-1fy9kyt\">While the SWS DCF model suggests TELUS is trading at a steep discount to its future cash flow value of CA$44.67 per share, the current P\/E of 23.8x looks expensive next to the Global Telecom industry at 17.7x, peers at 8.8x, and a fair ratio of 10.4x. Is the market overpaying for growth or underpricing long term cash flows?<\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/www.simplywall.st\/company\/id\/a9911075-537b-499b-91cd-5e81dcd07efa\/valuation?utm_medium=finance_user&amp;utm_campaign=alternate_preferred_multiple_cta&amp;utm_source=yahoo\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:See what the numbers say about this price \u2014 find out in our valuation breakdown.;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;See what the numbers say about this price \u2014 find out in our valuation breakdown.&quot;}\" class=\"link \">See what the numbers say about this price \u2014 find out in our valuation breakdown.<\/a><\/p>\n<p>   <a href=\"https:\/\/www.simplywall.st\/\/company\/id\/a9911075-537b-499b-91cd-5e81dcd07efa\/valuation?utm_medium=finance_user&amp;utm_campaign=infographic&amp;utm_source=yahoo\" target=\"_blank\" rel=\"noopener noreferrer nofollow\"><img decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" alt=\"TSX:T P\/E Ratio as at Apr 2026\" loading=\"lazy\" height=\"380\" width=\"960\" class=\"yf-lglytj loader\"\/><\/a> TSX:T P\/E Ratio as at Apr 2026       <\/p>\n<p class=\"yf-1fy9kyt\">With mixed signals on value and growth potential, it makes sense to look at the numbers yourself and decide where you stand, starting with the 4 key rewards and 3 important warning signs.<\/p>\n<p class=\"yf-1fy9kyt\">If TELUS has you thinking about your next move, do not stop here. Broaden your watchlist with a few targeted ideas that other investors might miss.<\/p>\n<p class=\"yf-1fy9kyt\"> This article by Simply Wall St is general in nature. We provide commentary based on historical data 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 financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.<\/p>\n<p class=\"yf-1fy9kyt\">Companies discussed in this article include <a href=\"https:\/\/finance.yahoo.com\/quote\/T.TO\" data-ylk=\"slk:T.TO;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;T.TO&quot;}\" class=\"link \" rel=\"nofollow noopener\" target=\"_blank\">T.TO<\/a>.<\/p>\n<p class=\"yf-1fy9kyt\">Have feedback on this article? Concerned about the content? <a href=\"https:\/\/investor-research.typeform.com\/to\/wvg6MFri#feedback_token=NDUzNjM1Njo4OGIzMWZhYTIyYzQ2MGRl&amp;company=TSX:T&amp;blueprintid=4536356\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Get in touch;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Get in touch&quot;}\" class=\"link \">Get in touch<\/a> with us directly. Alternatively, email <a href=\"https:\/\/finance.yahoo.com\/markets\/stocks\/articles\/mailto:editorial-team@simplywallst.com?subject=Re%3A%20Your%20article%20on%20TSX%3AT%20(yahoo)%20from%2024th%20April%202026\" data-ylk=\"slk:editorial-team@simplywallst.com;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;editorial-team@simplywallst.com&quot;}\" class=\"link \" rel=\"nofollow noopener\" target=\"_blank\">editorial-team@simplywallst.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Make better investment decisions with Simply Wall St&#8217;s easy, visual tools that give you a competitive edge. The&hellip;\n","protected":false},"author":2,"featured_media":624695,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[194293],"tags":[49,2798,234274,48,234275,12401,31495,129097,94159,28471,17860,12802,234273,173422],"class_list":{"0":"post-624694","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-calgary","8":"tag-ca","9":"tag-calgary","10":"tag-calgary-bonavista","11":"tag-canada","12":"tag-competitive-edge","13":"tag-digital-services","14":"tag-fair-value","15":"tag-future-cash-flows","16":"tag-investment-decisions","17":"tag-revenue-growth","18":"tag-share-price","19":"tag-telus","20":"tag-telus-shares","21":"tag-total-shareholder-return"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/624694","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=624694"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/624694\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/624695"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=624694"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=624694"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=624694"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}