Want to see TLPFY full AI Analyst Report?
Top Page
Teleperformance
(OTC:TLPFY)
Select Model
Select Model
Rating:69Neutral
Price Target:
$49.00
▲(17.68% Upside)
Action:Downgraded
Date:10/31/26
The score is driven mainly by softening financial performance (revenue contraction, pressured gross margin, and higher leverage) balanced by attractive valuation (low P/E and high dividend yield). Technicals are supportive with a strong uptrend, though momentum is somewhat stretched. Earnings-call commentary adds moderate support via reiterated guidance and higher efficiency targets, but restructuring costs and Trust & Safety weakness temper confidence.
Positive Factors
AI-enabled service expansion
Expanding AI-enabled offerings can deepen Teleperformance’s role in client workflows and support higher-value services beyond traditional staffing. The growing project pipeline and bookings provide a durable avenue for differentiation, cross-selling, and productivity-led growth over coming quarters.
Negative Factors
Revenue and gross-margin deterioration
Revenue contraction and a sharp gross-margin decline indicate pressure on demand, pricing, or delivery economics across the business. Even with resilient operating margins, sustained gross-profit weakness could restrict investment capacity and make future earnings more dependent on efficiency savings.
Read all positive and negative factors
Positive Factors
Negative Factors
AI-enabled service expansion
Expanding AI-enabled offerings can deepen Teleperformance’s role in client workflows and support higher-value services beyond traditional staffing. The growing project pipeline and bookings provide a durable avenue for differentiation, cross-selling, and productivity-led growth over coming quarters.
Read all positive factors
Teleperformance (TLPFY) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$5.39B
Dividend Yield5.97%
Average Volume (3M)242.00
Price to Earnings (P/E)10.1
Beta (1Y)0.96
Revenue Growth3.70%
EPS Growth5.37%
CountryUS
Employees446,716
SectorIndustrials
Sector Strength72
IndustrySpecialty Business Services
Share Statistics
EPS (TTM)3.97
Shares Outstanding119,748,730
10 Day Avg. Volume0
30 Day Avg. Volume242
Financial Highlights & Ratios
PEG Ratio-1.07
Price to Book (P/B)0.88
Price to Sales (P/S)0.37
P/FCF Ratio3.19
Enterprise Value/Market Cap1.42
Enterprise Value/Revenue0.77
Enterprise Value/Gross Profit3.71
Enterprise Value/Ebitda4.34
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)7.78
Revenue Forecast (FY)$11.52B
Teleperformance Business Overview & Revenue Model
Company Description
Established in Paris, France, in 1910, Teleperformance SE and its subsidiaries deliver a broad array of outsourced services worldwide, primarily focusing on managing interactions with customers and the public. The company's operations are divided ...
How the Company Makes Money
Teleperformance makes money primarily by providing outsourced services to enterprise clients under commercial contracts where it operates client-facing and back-office processes on the client’s behalf. Revenue is generated mainly from (1) customer...
Teleperformance Earnings Call Summary
Earnings Call Date:Jul 30, 2026
(Q2-2026)
| % Change Since: |
Next Earnings Date:Feb 18, 2027
Earnings Call Sentiment Positive
The call shows constructive operational progress: sequential revenue momentum in Core Services, AI-driven commercial traction, maintained margins and a sizable increase in free cash flow excluding restructuring. Management reiterated full-year guidance and raised efficiency targets, supported by a successful refinancing. However, notable near-term headwinds remain — reported revenue declined (-4.5%) due to currency and Trust & Safety weakness, restructuring charges (H1 EUR 109m; guidance EUR 120–140m) depressed operating profit and net profit, and timing uncertainty around cash realization of savings persists. Balancing the clear strategic and financial positives against the material one‑time costs and softer Trust & Safety trends, the tone is cautiously optimistic with progress on the transformation but continued execution risk.Positive Updates
Sequential Revenue Momentum and Core Services Growth
Like-for-like revenue sequentially improved from -2.2% in Q1 to -1.2% in Q2; H1 like-for-like at -1.7% but excluding Trust & Safety the group would have grown +1.7%. Core Services like-for-like growth excluding Trust & Safety was +2.3%, with Core Services improving Q1 -1.7% to Q2 -1.0%.
Negative Updates
Reported Revenue Decline and Currency Headwinds
Reported revenue declined -4.5% year-over-year for H1 2026; management attributes a large portion of the reduction to currency effects (notably USD/EUR and INR/EUR) and perimeter changes.
Read all updates
Q2-2026 Updates
Positive
Negative
Sequential Revenue Momentum and Core Services Growth
Like-for-like revenue sequentially improved from -2.2% in Q1 to -1.2% in Q2; H1 like-for-like at -1.7% but excluding Trust & Safety the group would have grown +1.7%. Core Services like-for-like growth excluding Trust & Safety was +2.3%, with Core Services improving Q1 -1.7% to Q2 -1.0%.
Read all positive updates
Company Guidance
Management reiterated 2026 guidance of 0–2% revenue growth, stable margins and free cash‑flow, with recurring EBITA at 13.6%; H1 reported revenue was down 4.5% (like‑for‑like -1.7%) with sequential like‑for‑like improvement from Q1 -2.2% to Q2 -1.2%; Core Services LFL was -1.3% (Q1 -1.7% to Q2 -1.0%) and Core ex‑Trust & Safety would be +2.3%, while group ex‑Trust & Safety would be +1.7% (Trust & Safety now ~6% of revenues, Care ~56% of revenues and growing mid‑to‑single digits); net free cash flow before restructuring was ≈€299m, H1 restructuring cash spend ≈€109m with total FY restructuring expected €120–140m, and the efficiency target was raised to €150–170m (from >€100m); net profit was €216m (vs €249m prior), Specialized Services EBITDA margin improved >300bps, and the company completed a €1.2bn dual‑tranche bond issue (€700m ~6yr, €500m ~9yr) at ~5%, taking average cost of debt to 4.28% and gross debt duration to 4.5 years.Teleperformance Financial Statement Overview
Summary
Income Statement
62
Positive
Balance Sheet
56
Neutral
Cash Flow
68
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 9.94B | 9.81B | 10.28B | 8.35B | 8.15B | 7.12B |
| Gross Profit | 2.07B | 1.15B | 3.35B | 2.60B | 1.81B | 1.50B |
| EBITDA | 1.77B | 1.85B | 1.91B | 1.64B | 1.64B | 1.37B |
| Net Income | 462.16M | 477.38M | 523.00M | 602.00M | 643.00M | 557.00M |
Balance Sheet | ||||||
| Total Assets | 11.71B | 11.47B | 12.07B | 11.75B | 8.86B | 8.35B |
| Cash, Cash Equivalents and Short-Term Investments | 1.18B | 1.12B | 1.10B | 926.00M | 846.00M | 858.00M |
| Total Debt | 5.05B | 4.92B | 4.91B | 5.43B | 3.42B | 3.50B |
| Total Liabilities | 7.51B | 7.38B | 7.52B | 7.52B | 5.19B | 5.19B |
| Stockholders Equity | 4.19B | 4.10B | 4.56B | 4.23B | 3.67B | 3.16B |
Cash Flow | ||||||
| Free Cash Flow | 1.27B | 1.13B | 1.59B | 1.14B | 947.00M | 876.00M |
| Operating Cash Flow | 1.51B | 1.37B | 1.81B | 1.38B | 1.25B | 1.11B |
| Investing Cash Flow | -275.44M | -707.91M | -221.00M | -2.59B | -602.00M | -1.16B |
| Financing Cash Flow | -1.29B | -622.43M | -1.40B | 1.32B | -715.00M | -173.00M |
Teleperformance Technical Analysis
Positive
41.64
Price Trends
41.34
Positive
37.47
Positive
34.49
Positive
Market Momentum
1.23
Negative
64.29
Neutral
73.08
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TLPFY, the sentiment is Positive. The current price of 41.64 is below the 20-day moving average (MA) of 42.33, above the 50-day MA of 41.34, and above the 200-day MA of 34.49, indicating a bullish trend. The MACD of 1.23 indicates Negative momentum. The RSI at 64.29 is Neutral, neither overbought nor oversold. The STOCH value of 73.08 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TLPFY.
Teleperformance Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | $3.34B | 9.34 | 21.72% | 2.02% | -3.32% | 24.98% | |
69 Neutral | $5.39B | 10.08 | 11.19% | 5.97% | 3.70% | 5.37% | |
68 Neutral | $295.32M | 25.20 | 12.32% | 2.95% | 4.18% | 50.80% | |
66 Neutral | $1.04B | 10.00 | 14.63% | 5.31% | 0.30% | 71.14% | |
65 Neutral | $3.71B | 146.47 | 1.93% | 11.11% | 32.89% | ― | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
51 Neutral | $28.85M | -5.06 | -30.13% | 10.90% | -11.62% | -87.59% |
* Industrials Sector Average
TLPFY
Teleperformance
44.82
11.51
34.55%
DLX
Deluxe
22.59
5.40
31.40%
HHS
Harte-Hanks
3.87
0.86
28.57%
III
Information Services Group
6.10
0.26
4.49%
MMS
Maximus
63.72
-18.11
-22.13%
FA
First Advantage
21.59
9.25
74.96%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.