Australian (ASX) Communications Industry Analysis
UpdatedOct 02, 2023
DataAggregated Company Financials
Companies5
- 7D0.8%
- 3M-11.8%
- 1Y-33.7%
- YTD-28.5%
The Communications is pretty flat in the last 7 days, but Senetas has stood out, gaining 11%. As for the longer term, the industry has declined 34% in the last year. Earnings are forecast to grow by 16% annually.
Industry Valuation and Performance
Has the Australian Communications Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|
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Current Industry PE
- Investors are pessimistic on the Australian Communications industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 2.0x is higher than the industry's current PS ratio of 1.2x.
Past Earnings Growth
- The earnings for companies in the Communications industry have deteriorated over the last three years.
- Meanwhile revenues for these companies have grown 21% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has caused losses to expand.
Industry Trends
Which industries have driven the changes within the Australian Tech industry?
| AU Market | -0.62% | |
| Tech | -2.80% | |
| Communications | 0.77% | |
| Communications Equipment | 0.77% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| SEN Senetas | AU$0.021 | 10.5% +AU$2.4m | -25.0% | PS0.9x |