# Telos Corporation (TLS) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Technology / IT Services. Price $4.80, market value $359 million.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Telos Corporation reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **PEG: 0.58**. A PEG of 0.58 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 1.9×**. Each dollar of revenue is priced at 1.9×.
- **Price / book: 3.8×**. The shares trade at 3.8× book value; book value is a meaningful part of the valuation.
- **Free-cash-flow yield: 9.4%** (5-yr avg 0.3%). Free cash flow equals 9.4% of the market value, above its five-year average of 0.3%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.

## Profitability
- **Gross margin: 36.6%**. Telos Corporation keeps 36.6% of revenue after the direct cost of what it sells.
- **Operating margin: -9.9%**. Operating margin is negative: the business loses money before interest and tax.
- **Net margin: -22.2%**. The company reported a net loss over the last twelve months.
- **Return on equity: -38.1%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: -28.2%**. Return on all capital, debt included, is -28.2%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: -11.3%**. Each dollar of assets produces -11.3% of profit.

## Growth
- **Revenue growth (1 yr): 52.2%** (3-yr -8.7%/yr, 5-yr -1.7%/yr). Revenue grew 52.2% over the last year, against -1.7% a year compounded over five years: growth is accelerating.
- **EPS growth (1 yr): 31.5%**. Earnings per share rose 31.5%, slower than revenue, so margins compressed.
- **Free-cash-flow growth (3 yr): 23.8%/yr**. Free cash flow has compounded at 23.8% a year over three years.

## Financial health
- **Debt to equity: 0.11**. Debt is 0.11 times equity: a conservative balance sheet.
- **Net debt / EBITDA: 7.2×**. It would take 7.2 years of operating earnings to repay net borrowings, above the 3× level most lenders treat as comfortable.
- **Current ratio: 2.57** (quick 2.57). Current assets cover the next year's liabilities 2.57 times.
- **Altman Z-score: 6.59**. A Z-score of 6.59 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. Telos Corporation does not currently pay a dividend.

## Price and momentum
- **Total return (1 yr): -26.9%** (YTD -5.9%, 3-mo 17.1%). The shares are down 26.9% over twelve months including dividends.
- **From 52-week high: -42.6%** (26.8% above the low). Trading 43% below its 52-week high, deep in a drawdown.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 57**. An RSI of 57 is neutral.
- **Beta (1 yr): 1.81** (volatility 63%). Beta of 1.81 against the S&P 500: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=TLS · Page: https://foliofundamentals.com/stocks/tls

Not investment advice.