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Australian (ASX) Telecom Sector Analysis

UpdatedJan 06, 2026
DataAggregated Company Financials
Companies43
  • 7D-1.2%
  • 3M-10.8%
  • 1Y-1.5%
  • YTD-1.7%

Over the last 7 days, the Telecom industry has dropped 1.2%, driven by REA Group declining 3.5%. As for the longer term, the industry's performance has been flat for the past year. Earnings are forecast to grow by 12% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 06 Jan 2026AU$118.2bAU$43.5bAU$3.4b34.5x34.4x2.7x
Thu, 04 Dec 2025AU$122.7bAU$43.5bAU$3.4b36.4x35.7x2.8x
Sat, 01 Nov 2025AU$131.2bAU$43.5bAU$3.4b39.3x38.2x3x
Mon, 29 Sep 2025AU$133.3bAU$43.6bAU$3.4b42x38.8x3.1x
Wed, 27 Aug 2025AU$141.0bAU$44.1bAU$3.2b43.9x44.6x3.2x
Fri, 25 Jul 2025AU$136.2bAU$44.4bAU$2.2b35.2x60.8x3.1x
Sun, 22 Jun 2025AU$135.3bAU$44.4bAU$2.2b36.6x60.4x3x
Tue, 20 May 2025AU$132.4bAU$44.4bAU$2.2b39.1x59.1x3x
Thu, 17 Apr 2025AU$125.4bAU$44.4bAU$2.2b39.1x56x2.8x
Sat, 15 Mar 2025AU$122.3bAU$44.4bAU$2.2b33.8x54.8x2.8x
Mon, 10 Feb 2025AU$126.1bAU$44.0bAU$2.2b23.7x57x2.9x
Wed, 08 Jan 2025AU$123.9bAU$44.0bAU$1.9b24.8x65.6x2.8x
Fri, 06 Dec 2024AU$126.9bAU$44.0bAU$1.9b24.6x67.1x2.9x
Sun, 03 Nov 2024AU$118.8bAU$44.0bAU$1.9b23.3x62.9x2.7x
Tue, 01 Oct 2024AU$117.3bAU$44.0bAU$1.9b24.3x62x2.7x
Thu, 29 Aug 2024AU$118.2bAU$44.1bAU$2.1b24.6x57.1x2.7x
Sat, 27 Jul 2024AU$112.3bAU$43.6bAU$2.8b23.4x39.5x2.6x
Mon, 24 Jun 2024AU$111.3bAU$43.6bAU$2.8b23.1x39.1x2.6x
Wed, 22 May 2024AU$110.3bAU$43.6bAU$2.8b26.5x38.8x2.5x
Fri, 19 Apr 2024AU$108.8bAU$43.6bAU$2.9b29x37.7x2.5x
Sun, 17 Mar 2024AU$112.3bAU$43.6bAU$2.9b30.6x39x2.6x
Tue, 13 Feb 2024AU$117.3bAU$43.0bAU$3.2b21.8x36.1x2.7x
Thu, 11 Jan 2024AU$116.9bAU$43.2bAU$3.4b20.9x34.7x2.7x
Sat, 09 Dec 2023AU$111.4bAU$43.2bAU$3.4b20x33x2.6x
Mon, 06 Nov 2023AU$110.0bAU$43.2bAU$3.4b21.6x32.6x2.5x
Wed, 04 Oct 2023AU$110.4bAU$43.2bAU$3.4b19.9x32.7x2.6x
Fri, 01 Sep 2023AU$115.0bAU$43.2bAU$3.4b21x33.9x2.7x
Sun, 30 Jul 2023AU$117.1bAU$42.4bAU$3.3b21x35.7x2.8x
Tue, 27 Jun 2023AU$111.4bAU$42.4bAU$3.3b18.9x33.9x2.6x
Thu, 25 May 2023AU$114.1bAU$42.4bAU$3.3b20.7x34.8x2.7x
Sat, 22 Apr 2023AU$113.8bAU$42.4bAU$3.3b22.9x34.7x2.7x
Mon, 20 Mar 2023AU$108.2bAU$42.4bAU$3.3b22x33x2.6x
Wed, 15 Feb 2023AU$108.7bAU$40.4bAU$3.3b32.8x32.6x2.7x
Fri, 13 Jan 2023AU$105.3bAU$40.3bAU$3.0b32.8x34.9x2.6x
Price to Earnings Ratio

34.9x


Total Market Cap: AU$105.3bTotal Earnings: AU$3.0bTotal Revenue: AU$40.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Telecom Sector Price to Earnings3Y Average 44.3x202420252026
Current Industry PE
  • Investors are pessimistic on the Australian Communication Services industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 34.4x which is lower than its 3-year average PE of 44.3x.
  • The industry is trading close to its 3-year average PS ratio of 2.7x.
Past Earnings Growth
  • The earnings for companies in the Communication Services industry have grown 4.4% per year over the last three years.
  • Revenues for these companies have grown 2.6% 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 Market0.047%
Telecom-1.21%
Entertainment0.28%
Wireless Telecom0%0
Media-0.073%
Telecom Services and Carriers-0.16%
Interactive Media and Services-3.00%
Industry PE
  • Investors are most optimistic about the Entertainment industry even though it's trading below its 3-year average PE ratio of 195x.
    • Analysts are expecting annual earnings growth of 20.0%, which is lower than the prior year's growth of 307.3% per year.
  • Investors are most pessimistic about the Media industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted Growth
  • Analysts are most optimistic on the Entertainment industry, expecting annual earnings growth of 20% over the next 5 years.
  • In contrast, the Telecom Services and Carriers 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?

CompanyLast Price7D1YValuation
TPG TPG TelecomAU$3.871.3%
+AU$98.0m		-13.0%PS1.4x
PLY PlaySide StudiosAU$0.2913.7%
+AU$15.9m		-30.1%PS2.7x
BBL Brisbane BroncosAU$1.638.7%
+AU$12.7m		74.3%PE21.4x
A1N ARN MediaAU$0.419.3%
+AU$11.0m		-41.8%PS0.4x
IGL IVE GroupAU$3.032.0%
+AU$9.2m		44.3%PE10x

Latest News

TUA
AU$6.87
Tuas
7D
-3.0%
1Y
9.9%

Tuas Limited's (ASX:TUA) Earnings Haven't Escaped The Attention Of Investors

Jan 06
Tuas Limited's (ASX:TUA) Earnings Haven't Escaped The Attention Of Investors
ASP
AU$0.01
Aspermont
7D
25.0%
1Y
66.7%
TPG
AU$3.87
TPG Telecom
7D
1.3%
1Y
-13.0%

TPG: Upcoming Equity Offers And Special Dividend Will Support Future Upside

Analysts have raised their fair value estimate for TPG Telecom from A$4.64 to A$4.75 per share. The change reflects updated discount rate assumptions, expectations for slightly softer revenue contraction, and minor adjustments to profit margin and forward P/E inputs.
EVT
AU$12.58
EVT
7D
-0.7%
1Y
12.3%
REA
AU$177.55
REA Group
7D
-3.5%
1Y
-25.3%

REA Group (ASX:REA) Might Become A Compounding Machine

Dec 31
REA Group (ASX:REA) Might Become A Compounding Machine
SEK
AU$22.99
SEEK
7D
-1.0%
1Y
3.9%

SEEK Limited (ASX:SEK) Shares Could Be 25% Below Their Intrinsic Value Estimate

Dec 23
SEEK Limited (ASX:SEK) Shares Could Be 25% Below Their Intrinsic Value Estimate
CAR
AU$29.81
CAR Group
7D
-3.5%
1Y
-19.6%

Is CAR Group (ASX:CAR) Using Too Much Debt?

Dec 22
Is CAR Group (ASX:CAR) Using Too Much Debt?
NEC
AU$1.11
Nine Entertainment Holdings
7D
-0.9%
1Y
-12.0%

NEC: Future Returns Will Be Driven By Selective Adjacent Acquisitions

Analysts have trimmed their price target for Nine Entertainment Holdings to AUD 2.08 from AUD 2.58, reflecting slightly weaker revenue growth expectations and a higher discount rate, partially offset by modestly improved margin and valuation assumptions. What's in the News CEO Matt Stanton has signalled that Nine will prioritise bolt on acquisitions in areas adjacent to its existing print and Channel 9 broadcast businesses, rather than pursuing a large scale transformational deal, focusing on assets that complement the current portfolio.
PLY
AU$0.29
PlaySide Studios
7D
13.7%
1Y
-30.1%

PLY: Revenue Will Exceed A$49 Million As Profitability Improves

Analysts have nudged their price target on PlaySide Studios higher to approximately $0.52 per share from about $0.52 previously, citing slightly stronger expectations for revenue growth and profit margins, despite a marginally higher discount rate and a modestly lower assumed future P/E multiple. What's in the News PlaySide Studios reaffirmed its fiscal 2026 guidance, expecting revenue to exceed fiscal 2025's 49 million dollars while reducing operating costs, supported by front end loaded game launch revenues (Company guidance).
RMY
AU$0.054
RMA Global
7D
10.2%
1Y
38.5%

A Piece Of The Puzzle Missing From RMA Global Limited's (ASX:RMY) 26% Share Price Climb

Dec 04
A Piece Of The Puzzle Missing From RMA Global Limited's (ASX:RMY) 26% Share Price Climb
ABB
AU$4.90
Aussie Broadband
7D
-3.2%
1Y
39.6%

Is Aussie Broadband Limited (ASX:ABB) Trading At A 49% Discount?

Nov 27
Is Aussie Broadband Limited (ASX:ABB) Trading At A 49% Discount?
BBL
AU$1.63
Brisbane Broncos
7D
8.7%
1Y
74.3%

Further Upside For Brisbane Broncos Limited (ASX:BBL) Shares Could Introduce Price Risks After 32% Bounce

Nov 25
Further Upside For Brisbane Broncos Limited (ASX:BBL) Shares Could Introduce Price Risks After 32% Bounce
SLC
AU$2.45
Superloop
7D
-3.2%
1Y
17.2%

Superloop Limited (ASX:SLC) Shares Slammed 26% But Getting In Cheap Might Be Difficult Regardless

Nov 22
Superloop Limited (ASX:SLC) Shares Slammed 26% But Getting In Cheap Might Be Difficult Regardless
A1N
AU$0.41
ARN Media
7D
9.3%
1Y
-41.8%

Some Shareholders Feeling Restless Over ARN Media Limited's (ASX:A1N) P/S Ratio

Nov 12
Some Shareholders Feeling Restless Over ARN Media Limited's (ASX:A1N) P/S Ratio
RLG
AU$0.005
RooLife Group
7D
25.0%
1Y
0%
IGL
AU$3.03
IVE Group
7D
2.0%
1Y
44.3%