Australian (ASX) Telecom Sector Analysis

Sector Valuation and Performance

Has the Australian Telecom Sector valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Thu, 28 Aug 2025	AU$139.7b	AU$44.0b	AU$3.4b	41.8x	41.2x	3.2x
Sat, 26 Jul 2025	AU$136.3b	AU$44.4b	AU$2.2b	35.2x	60.8x	3.1x
Mon, 23 Jun 2025	AU$135.3b	AU$44.4b	AU$2.2b	36.6x	60.4x	3x
Wed, 21 May 2025	AU$133.4b	AU$44.4b	AU$2.2b	39.5x	59.5x	3x
Fri, 18 Apr 2025	AU$125.6b	AU$44.4b	AU$2.2b	38.9x	56.1x	2.8x
Sun, 16 Mar 2025	AU$122.3b	AU$44.4b	AU$2.2b	33.8x	54.8x	2.8x
Tue, 11 Feb 2025	AU$125.0b	AU$44.1b	AU$2.2b	23.5x	56.3x	2.8x
Thu, 09 Jan 2025	AU$123.2b	AU$44.0b	AU$1.9b	24.7x	65.2x	2.8x
Sat, 07 Dec 2024	AU$126.0b	AU$44.0b	AU$1.9b	24.5x	66.7x	2.9x
Mon, 04 Nov 2024	AU$118.8b	AU$44.0b	AU$1.9b	23.3x	62.9x	2.7x
Wed, 02 Oct 2024	AU$118.7b	AU$44.0b	AU$1.9b	24.6x	62.8x	2.7x
Fri, 30 Aug 2024	AU$117.8b	AU$44.0b	AU$2.1b	22.6x	56.9x	2.7x
Sun, 28 Jul 2024	AU$112.3b	AU$43.6b	AU$2.8b	23.4x	39.5x	2.6x
Tue, 25 Jun 2024	AU$110.7b	AU$43.6b	AU$2.8b	22.7x	38.9x	2.5x
Thu, 23 May 2024	AU$107.9b	AU$43.6b	AU$2.8b	25.7x	37.9x	2.5x
Sat, 20 Apr 2024	AU$108.8b	AU$43.6b	AU$2.9b	29x	37.7x	2.5x
Mon, 18 Mar 2024	AU$112.3b	AU$43.6b	AU$2.9b	30.6x	39x	2.6x
Wed, 14 Feb 2024	AU$116.0b	AU$43.1b	AU$2.8b	24.3x	41.6x	2.7x
Fri, 12 Jan 2024	AU$116.8b	AU$43.2b	AU$3.4b	20.9x	34.6x	2.7x
Sun, 10 Dec 2023	AU$111.4b	AU$43.2b	AU$3.4b	20x	33x	2.6x
Tue, 07 Nov 2023	AU$110.0b	AU$43.2b	AU$3.4b	21.4x	32.6x	2.5x
Thu, 05 Oct 2023	AU$110.4b	AU$43.2b	AU$3.4b	19.9x	32.7x	2.6x
Sat, 02 Sep 2023	AU$114.9b	AU$43.2b	AU$3.4b	19.9x	34.2x	2.7x
Mon, 31 Jul 2023	AU$117.1b	AU$42.4b	AU$3.3b	21x	35.7x	2.8x
Wed, 28 Jun 2023	AU$110.6b	AU$42.4b	AU$3.3b	19.5x	33.7x	2.6x
Fri, 26 May 2023	AU$114.1b	AU$42.4b	AU$3.3b	20.7x	34.8x	2.7x
Sun, 23 Apr 2023	AU$113.8b	AU$42.4b	AU$3.3b	22.9x	34.7x	2.7x
Tue, 21 Mar 2023	AU$109.0b	AU$42.4b	AU$3.3b	21.9x	33.2x	2.6x
Thu, 16 Feb 2023	AU$108.9b	AU$40.4b	AU$3.3b	33.6x	32.7x	2.7x
Sat, 14 Jan 2023	AU$106.5b	AU$40.3b	AU$3.0b	34x	35.3x	2.6x
Mon, 12 Dec 2022	AU$105.9b	AU$40.3b	AU$3.0b	35x	35.1x	2.6x
Wed, 09 Nov 2022	AU$104.8b	AU$40.3b	AU$3.0b	32.1x	34.7x	2.6x
Fri, 07 Oct 2022	AU$104.6b	AU$40.3b	AU$3.0b	31x	34.7x	2.6x
Sun, 04 Sep 2022	AU$107.5b	AU$40.1b	AU$3.0b	34.3x	35.7x	2.7x

Current Industry PE

Investors are relatively neutral on the Australian Communication Services industry at the moment, indicating that they anticipate long term growth rates to remain steady.

The industry is trading close to its 3-year average PE ratio of 44.0x.

The 3-year average PS ratio of 2.7x is lower than the industry's current PS ratio of 3.2x.

Past Earnings Growth

The earnings for companies in the Communication Services industry have grown 4.0% per year over the last three years.
Revenues for these companies have grown 3.2% per year.
This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Australian Telecom sector?


AU Market	0.59%
Telecom	-1.63%
Media	2.21%
Wireless Telecom	0%	0
Telecom Services and Carriers	-0.58%
Interactive Media and Services	-2.46%
Entertainment	-16.57%

Industry PE

Investors are most optimistic about the Entertainment industry even though it's trading below its 3-year average PE ratio of 189x.

Analysts are expecting annual earnings growth of 22.6%, which is lower than the prior year's growth of 307.3% per year.

Investors are most pessimistic about the Telecom Services and Carriers industry, which is trading close to its 3-year average of 32.7x.

Forecasted Growth

Analysts are most optimistic on the Entertainment industry, expecting annual earnings growth of 23% over the next 5 years.

In contrast, the Interactive Media and Services industry is expected to see its earnings grow by 11% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

Company	Last Price	7D	1Y	Valuation
ABB Aussie Broadband	AU$5.20	14.8% +AU$223.3m	56.6%	PE46.3x
TUA Tuas	AU$7.80	4.0% +AU$161.3m	85.7%	PE1640.3x
TPG TPG Telecom	AU$5.29	0.6% +AU$55.6m	15.5%	PS1.8x
SXL Southern Cross Media Group	AU$0.86	29.3% +AU$46.8m	60.7%	PE32.2x
HPG hipages Group Holdings	AU$1.28	16.9% +AU$24.8m	-8.6%	PE71.8x

Sports Entertainment Group Limited (ASX:SEG) entered into an agreement to acquire The brand and audio & digital broadcasting assets from RSN Racing & Sport for AUD 3.2 million.

Jul 08

Australian (ASX) Telecom Sector Analysis

Sector Valuation and Performance

Industry Trends

Top Stock Gainers and Losers

Latest News

Investor sentiment improves as stock rises 17%

Independent Non-Executive Director recently sold AU$224k worth of stock

New minor risk - Dividend sustainability

Full year 2025 earnings: EPS and revenues miss analyst expectations

Full year 2025 earnings: EPS misses analyst expectations

EVT (ASX:EVT) Is Increasing Its Dividend To A$0.22

Final dividend of AU$0.024 announced

Airtasker Limited to Report Fiscal Year 2025 Results on Aug 28, 2025

We Ran A Stock Scan For Earnings Growth And REA Group (ASX:REA) Passed With Ease

Telstra Group Limited, Annual General Meeting, Oct 14, 2025

CEO, MD & Executive Director exercised options and sold AU$854k worth of stock

First half 2025 earnings released: EPS: AU$0.061 (vs AU$0.043 in 1H 2024)

TPG Telecom Limited Appoints John Otty as Non-Executive Director, Effective 18 August 2025

CAR Group's (ASX:CAR) Dividend Will Be Increased To A$0.415

New minor risk - Shareholder dilution

Sports Entertainment Group Limited (ASX:SEG) entered into an agreement to acquire The brand and audio & digital broadcasting assets from RSN Racing & Sport for AUD 3.2 million.