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Australian (ASX) Telecom Sector Analysis

UpdatedJul 14, 2025
DataAggregated Company Financials
Companies45
  • 7D0.3%
  • 3M7.5%
  • 1Y19.6%
  • YTD11.8%

Over the last 7 days, the Telecom industry has remained flat, although notably Tuas declined by 6.7%. As for the the longer term, the industry is up 20% over the past 12 months. Looking forward, earnings are forecast to grow by 14% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 14 Jul 2025AU$135.2bAU$44.4bAU$2.2b35.2x60.3x3x
Wed, 11 Jun 2025AU$135.4bAU$44.4bAU$2.2b41x60.4x3.1x
Fri, 09 May 2025AU$131.6bAU$44.4bAU$2.2b41.9x58.7x3x
Sun, 06 Apr 2025AU$121.8bAU$44.4bAU$2.2b38.3x54.4x2.7x
Tue, 04 Mar 2025AU$128.3bAU$44.4bAU$2.2b35.6x57.4x2.9x
Thu, 30 Jan 2025AU$124.5bAU$44.0bAU$1.9b24.1x65.9x2.8x
Sat, 28 Dec 2024AU$122.5bAU$44.0bAU$1.9b24.3x64.8x2.8x
Mon, 25 Nov 2024AU$124.0bAU$44.0bAU$1.9b23.4x65.6x2.8x
Wed, 23 Oct 2024AU$119.6bAU$44.0bAU$1.9b26.6x63.3x2.7x
Fri, 20 Sep 2024AU$116.8bAU$44.0bAU$1.9b21x62.8x2.7x
Sun, 18 Aug 2024AU$117.2bAU$43.9bAU$2.1b28.2x56.3x2.7x
Tue, 16 Jul 2024AU$114.8bAU$43.6bAU$2.8b22.5x40.4x2.6x
Thu, 13 Jun 2024AU$109.0bAU$43.6bAU$2.8b22.5x38.3x2.5x
Sat, 11 May 2024AU$110.3bAU$43.6bAU$2.8b30.2x38.8x2.5x
Mon, 08 Apr 2024AU$111.9bAU$43.6bAU$2.9b30x38.8x2.6x
Wed, 06 Mar 2024AU$114.2bAU$43.6bAU$2.9b30.6x39.6x2.6x
Fri, 02 Feb 2024AU$119.3bAU$43.2bAU$3.4b21.9x35.4x2.8x
Sun, 31 Dec 2023AU$118.5bAU$43.2bAU$3.4b20.9x35.1x2.7x
Tue, 28 Nov 2023AU$108.1bAU$43.2bAU$3.4b20.3x32.1x2.5x
Thu, 26 Oct 2023AU$109.3bAU$43.2bAU$3.4b20.9x32.4x2.5x
Sat, 23 Sep 2023AU$111.1bAU$43.2bAU$3.4b19.9x32.9x2.6x
Mon, 21 Aug 2023AU$113.2bAU$42.8bAU$3.6b18.1x31.2x2.6x
Wed, 19 Jul 2023AU$114.3bAU$42.4bAU$3.3b20.3x34.8x2.7x
Fri, 16 Jun 2023AU$112.5bAU$42.4bAU$3.3b19.9x34.3x2.7x
Sun, 14 May 2023AU$114.4bAU$42.4bAU$3.3b21.4x34.9x2.7x
Tue, 11 Apr 2023AU$113.3bAU$42.4bAU$3.3b22.5x34.5x2.7x
Thu, 09 Mar 2023AU$108.2bAU$42.4bAU$3.3b21.9x33x2.6x
Sat, 04 Feb 2023AU$110.7bAU$40.3bAU$3.0b38.8x36.7x2.7x
Mon, 02 Jan 2023AU$103.0bAU$40.3bAU$3.0b33.6x34.1x2.6x
Wed, 30 Nov 2022AU$106.8bAU$40.3bAU$3.0b32.7x35.4x2.7x
Fri, 28 Oct 2022AU$103.0bAU$40.3bAU$3.0b31.1x34.1x2.6x
Sun, 25 Sep 2022AU$100.7bAU$40.1bAU$3.0b32.1x33.5x2.5x
Tue, 23 Aug 2022AU$112.4bAU$39.3bAU$3.1b32.5x35.7x2.9x
Thu, 21 Jul 2022AU$106.8bAU$38.6bAU$2.8b37.1x38.1x2.8x
Price to Earnings Ratio

38.1x


Total Market Cap: AU$106.8bTotal Earnings: AU$2.8bTotal Revenue: AU$38.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Telecom Sector Price to Earnings3Y Average 43.3x202320242025
Current Industry PE
  • Investors are optimistic on the Australian Communication Services industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 60.3x which is higher than its 3-year average PE of 43.3x.
  • The 3-year average PS ratio of 2.7x is lower than the industry's current PS ratio of 3.0x.
Past Earnings Growth
  • The earnings for companies in the Communication Services industry have declined 7.2% per year over the last three years.
  • Meanwhile revenues for these companies have grown 4.7% 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 decreased profits.

Industry Trends

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

AU Market-0.22%
Telecom0.30%
Telecom Services and Carriers0.33%
Interactive Media and Services0.31%
Media0.16%
Wireless Telecom0%0
Entertainment-0.31%
Industry PE
  • Investors are most optimistic about the Entertainment industry which is trading above its 3-year average PE ratio of 170x.
    • Analysts are expecting annual earnings growth of 28.5%, which is higher than its past year's earnings decline of 37.2% per year.
Forecasted Growth
  • Analysts are most optimistic on the Entertainment industry, expecting annual earnings growth of 28% over the next 5 years.
  • This is better than its past earnings decline of 37% per year.
  • In contrast, the Interactive Media and Services industry is expected to see its earnings grow by 13% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
TPG TPG TelecomAU$5.472.2%
+AU$222.5m
14.4%PS1.8x
CAR CAR GroupAU$37.261.4%
+AU$200.5m
7.8%PE54.9x
TLS Telstra GroupAU$4.850.2%
+AU$113.7m
27.0%PE32.7x
REA REA GroupAU$232.200.2%
+AU$68.6m
15.3%PE49.7x
ABB Aussie BroadbandAU$4.085.7%
+AU$63.0m
14.3%PE40.7x

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