TELUS International (TIXT)
Market Price (10/31/2025): $4.31 | Market Cap: $1.2 BilSector: Information Technology | Industry: Systems Software
TELUS International (TIXT)
Market Price (10/31/2025): $4.31Market Cap: $1.2 BilSector: Information TechnologyIndustry: Systems Software
Investment Highlights
Why It Matters
Which of these 2 stories sounds closer for this stock?
1. Generates cash flow
The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.
2. Riding a trend
Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 15%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 11% | Trading close to highsDist 52W High is -4.9% | Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -175 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -6.4% |
| Attractive yieldFCF Yield is 24% | Weak multi-year price returns2Y Excs Rtn is -94%, 3Y Excs Rtn is -160% | Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 118% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -37% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 15%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 11% |
| Attractive yieldFCF Yield is 24% |
| Trading close to highsDist 52W High is -4.9% |
| Weak multi-year price returns2Y Excs Rtn is -94%, 3Y Excs Rtn is -160% |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -175 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -6.4% |
| Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 118% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -37% |
Market Valuation & Key Metrics
TIXT Stock
Return vs. Risk
Price Returns Compared
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| TIXT Return | - | - | -40% | -57% | -54% | 10% | -87% |
| Peers Return | 13% | 13% | -55% | 16% | 37% | -4% | -11% |
| S&P 500 Return | 16% | 27% | -19% | 24% | 23% | 16% | 110% |
Monthly Win Rates [3] | |||||||
| TIXT Win Rate | - | 70% | 33% | 25% | 58% | 56% | |
| Peers Win Rate | 23% | 55% | 35% | 50% | 53% | 47% | |
| S&P 500 Win Rate | 58% | 75% | 42% | 67% | 75% | 67% | |
Max Drawdowns [4] | |||||||
| TIXT Max Drawdown | - | - | -42% | -69% | -67% | -44% | |
| Peers Max Drawdown | -8% | -1% | -59% | -38% | -40% | -37% | |
| S&P 500 Max Drawdown | -31% | -1% | -25% | -1% | -2% | -15% | |
[1] Cumulative total returns since the beginning of 2020
[2] Peers: GEN, PATH, S, VRNT, ARQQ.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 10/30/2025 (YTD)
How Low Can It Go
| Event | TIXT | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -84.6% | -25.4% |
| % Gain to Breakeven | 548.5% | 34.1% |
| Time to Breakeven | Not Fully Recovered days | 464 days |
Compare to GEN, PATH, S, VRNT, ARQQ
In The Past
TELUS International's stock fell -84.6% during the 2022 Inflation Shock from a high on 10/25/2021. A -84.6% loss requires a 548.5% gain to breakeven.
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Asset Allocation
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Latest Trefis Analyses
| Title | Topic | |
|---|---|---|
| DASHBOARDS | ||
| TIXT Dip Buy Analysis | ||
| null | ||
| TELUS International (TIXT) Valuation Ratios Comparison | Financials | |
| Fundamental Metrics: ... |
Trade Ideas
Select past ideas related to TIXT. For more, see Trefis Trade Ideas.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 09302025 | ADBE | Adobe | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | -3.8% | -3.8% | -6.7% |
| 09302025 | CRM | Salesforce | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 8.3% | 8.3% | -0.6% |
| 09302025 | MPWR | Monolithic Power Systems | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 18.1% | 18.1% | -1.8% |
| 09262025 | POWI | Power Integrations | Dip Buy | DB | CFO/Rev | Low D/EDip Buy with High Cash Flow MarginsBuying dips for companies with significant cash flows from operations and reasonable debt / market cap | 2.1% | 2.1% | -13.4% |
| 09262025 | ROP | Roper Technologies | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | -11.0% | -11.0% | -11.0% |
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 09302025 | ADBE | Adobe | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | -3.8% | -3.8% | -6.7% |
| 09302025 | CRM | Salesforce | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 8.3% | 8.3% | -0.6% |
| 09302025 | MPWR | Monolithic Power Systems | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 18.1% | 18.1% | -1.8% |
| 09262025 | POWI | Power Integrations | Dip Buy | DB | CFO/Rev | Low D/EDip Buy with High Cash Flow MarginsBuying dips for companies with significant cash flows from operations and reasonable debt / market cap | 2.1% | 2.1% | -13.4% |
| 09262025 | ROP | Roper Technologies | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | -11.0% | -11.0% | -11.0% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons for TELUS International
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 18.63 |
| Mkt Cap | 5.6 |
| Rev LTM | 1,497 |
| Op Inc LTM | -46 |
| FCF LTM | 287 |
| FCF 3Y Avg | 268 |
| CFO LTM | 335 |
| CFO 3Y Avg | 282 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 8.3% |
| Rev Chg 3Y Avg | 14.6% |
| Rev Chg Q | 14.4% |
| QoQ Delta Rev Chg LTM | 3.1% |
| Op Mgn LTM | -3.1% |
| Op Mgn 3Y Avg | 3.9% |
| QoQ Delta Op Mgn LTM | -1.2% |
| CFO/Rev LTM | 15.5% |
| CFO/Rev 3Y Avg | 17.0% |
| FCF/Rev LTM | 12.6% |
| FCF/Rev 3Y Avg | 13.4% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 5.6 |
| P/S | 3.8 |
| P/EBIT | -4.5 |
| P/E | 19.9 |
| P/CFO | 11.8 |
| Total Yield | 0.2% |
| Dividend Yield | 0.0% |
| FCF Yield 3Y Avg | 7.1% |
| D/E | 0.4 |
| Net D/E | 0.2 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -1.7% |
| 3M Rtn | 4.7% |
| 6M Rtn | 23.9% |
| 12M Rtn | 5.9% |
| 3Y Rtn | -34.2% |
| 1M Excs Rtn | -2.8% |
| 3M Excs Rtn | -0.7% |
| 6M Excs Rtn | 2.2% |
| 12M Excs Rtn | -10.7% |
| 3Y Excs Rtn | -111.8% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 6302025 | 8012025 | 6-K 6/30/2025 |
| 3312025 | 5092025 | 6-K 3/31/2025 |
| 12312024 | 2132025 | 20-F 12/31/2024 |
| 9302024 | 11082024 | 6-K 9/30/2024 |
| 6302024 | 8022024 | 6-K 6/30/2024 |
| 3312024 | 5092024 | 6-K 3/31/2024 |
| 12312023 | 2092024 | 20-F 12/31/2023 |
| 9302023 | 11032023 | 6-K 9/30/2023 |
| 6302023 | 8042023 | 6-K 6/30/2023 |
| 3312023 | 5042023 | 6-K 3/31/2023 |
| 12312022 | 2092023 | 20-F 12/31/2022 |
| 9302022 | 11042022 | 6-K 9/30/2022 |
| 6302022 | 8052022 | 6-K 6/30/2022 |
| 3312022 | 5062022 | 6-K 3/31/2022 |
| 12312021 | 2102022 | 20-F 12/31/2021 |
| 9302021 | 11052021 | 6-K 9/30/2021 |
External Quote Links
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