Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Australian (ASX) Telecom Services and Carriers Industry Analysis

UpdatedFeb 10, 2026
DataAggregated Company Financials
Companies10
  • 7D-1.2%
  • 3M-9.0%
  • 1Y17.4%
  • YTD-0.6%

Last week, the Telecom Services and Carriers industry hasn't moved much but Swoop Holdings is up 3.6% in that time. The past year has been better, since the industry has gained 17% in that time. Earnings are forecast to grow by 11% annually.

Industry Valuation and Performance

Has the Australian Telecom Services and Carriers Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 10 Feb 2026AU$68.7bAU$30.8bAU$2.1b252.9x32.5x2.2x
Thu, 08 Jan 2026AU$68.4bAU$30.8bAU$2.1b259.5x32.4x2.2x
Sat, 06 Dec 2025AU$69.1bAU$30.8bAU$2.1b258.5x32.7x2.2x
Mon, 03 Nov 2025AU$72.7bAU$30.8bAU$2.1b263.9x34.4x2.4x
Wed, 01 Oct 2025AU$71.3bAU$30.9bAU$2.1b258x33.7x2.3x
Fri, 29 Aug 2025AU$72.8bAU$30.8bAU$2.1b620.7x34.5x2.4x
Sun, 27 Jul 2025AU$71.4bAU$30.6bAU$1.6b42.5x45x2.3x
Tue, 24 Jun 2025AU$71.1bAU$30.6bAU$1.6b40.1x44.7x2.3x
Thu, 22 May 2025AU$68.1bAU$30.6bAU$1.6b38.6x42.9x2.2x
Sat, 19 Apr 2025AU$64.6bAU$30.6bAU$1.6b38.9x40.7x2.1x
Mon, 17 Mar 2025AU$60.9bAU$30.6bAU$1.6b33.8x38.6x2x
Wed, 12 Feb 2025AU$59.1bAU$30.3bAU$1.6b45.7x36.1x2x
Fri, 10 Jan 2025AU$60.4bAU$30.4bAU$1.6b40.1x37.1x2x
Sun, 08 Dec 2024AU$59.7bAU$30.4bAU$1.6b42.5x36.7x2x
Tue, 05 Nov 2024AU$57.8bAU$30.4bAU$1.6b41x35.5x1.9x
Thu, 03 Oct 2024AU$58.8bAU$30.4bAU$1.6b41.7x36.1x1.9x
Sat, 31 Aug 2024AU$58.7bAU$30.4bAU$1.6b37.8x36.8x1.9x
Mon, 29 Jul 2024AU$56.9bAU$30.1bAU$2.0b39.2x28.6x1.9x
Wed, 26 Jun 2024AU$54.6bAU$30.1bAU$2.0b45.7x27.4x1.8x
Fri, 24 May 2024AU$52.4bAU$30.1bAU$2.0b45x26.4x1.7x
Sun, 21 Apr 2024AU$53.5bAU$30.1bAU$2.0b45x26.9x1.8x
Tue, 19 Mar 2024AU$55.7bAU$30.0bAU$2.0b45.9x28.1x1.9x
Thu, 15 Feb 2024AU$58.9bAU$29.8bAU$2.2b24.4x26.5x2x
Sat, 13 Jan 2024AU$61.1bAU$30.0bAU$2.3b24.1x26.8x2x
Mon, 11 Dec 2023AU$59.3bAU$30.0bAU$2.3b23x26.1x2x
Wed, 08 Nov 2023AU$60.5bAU$30.0bAU$2.3b25.6x26.6x2x
Fri, 06 Oct 2023AU$60.4bAU$30.0bAU$2.3b25x26.5x2x
Sun, 03 Sep 2023AU$62.5bAU$30.0bAU$2.3b26.3x27.5x2.1x
Tue, 01 Aug 2023AU$65.7bAU$29.5bAU$2.3b57.5x28.8x2.2x
Thu, 29 Jun 2023AU$65.7bAU$29.5bAU$2.3b59.2x28.8x2.2x
Sat, 27 May 2023AU$67.2bAU$29.5bAU$2.3b58.8x29.5x2.3x
Mon, 24 Apr 2023AU$66.1bAU$29.5bAU$2.3b63.1x29x2.2x
Wed, 22 Mar 2023AU$63.3bAU$29.4bAU$2.3b62x27.9x2.1x
Fri, 17 Feb 2023AU$64.2bAU$28.3bAU$1.8b62.8x35.8x2.3x
Price to Earnings Ratio

35.8x


Total Market Cap: AU$64.2bTotal Earnings: AU$1.8bTotal Revenue: AU$28.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Telecom Services and Carriers Industry Price to Earnings3Y Average 32.5x202420252026
Current Industry PE
  • Investors are relatively neutral on the Australian Telecom 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 32.5x.
  • The industry is trading close to its 3-year average PS ratio of 2.1x.
Past Earnings Growth
  • The earnings for companies in the Telecom industry have grown 5.6% per year over the last three years.
  • Revenues for these companies have grown 2.8% 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 industry?

AU Market0.49%
Telecom-4.14%
Telecom Services and Carriers-1.15%
Integrated Telecom Services-1.11%
Alternative Carriers-2.34%
Industry PE
  • Investors are most optimistic about the Alternative Carriers industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 29.4%, which is higher than its past year's earnings growth of 24.5% per year.
  • Investors are most pessimistic about the Integrated Telecom Services industry, which is trading close to its 3-year average of 31.0x.
Forecasted Growth
  • Analysts are most optimistic on the Alternative Carriers industry, expecting annual earnings growth of 29% over the next 5 years.
  • This is better than its past earnings growth rate of 24% per year.
  • In contrast, the Integrated Telecom Services industry is expected to see its earnings grow by 10% 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
SLC SuperloopAU$2.462.1%
+AU$25.7m		11.3%PE1048.2x
ABB Aussie BroadbandAU$4.531.8%
+AU$23.4m		11.0%PE40.4x
SWP Swoop HoldingsAU$0.143.6%
+AU$1.5m		-25.6%PS0.4x

Latest News

SWP
AU$0.14
Swoop Holdings
7D
3.6%
1Y
-25.6%
TLS
AU$4.87
Telstra Group
7D
-0.4%
1Y
23.9%

TLS: Modest Model Tweaks Will Shape Future Margins And Measured Upside

Analysts have nudged their price target for Telstra Group slightly higher to about A$4.97 from A$4.93, citing modest model updates that reflect small adjustments to discount rates, revenue growth assumptions, profit margins, and future P/E expectations. Analyst Commentary Recent Street research on a different company in the broader telecom and technology space highlights what bullish and cautious analysts tend to focus on when they revisit models and targets.
TPG
AU$3.87
TPG Telecom
7D
-2.0%
1Y
-12.6%

TPG: Equity Raisings And Special Dividend Will Support Balanced Future Returns

Analysts have trimmed their price target for TPG Telecom to A$4.26 from A$4.51, citing slightly lower fair value estimates along with modestly softer assumptions for long term revenue growth, profit margins and future P/E multiples. What's in the News TPG Telecom completed a follow on equity offering totaling A$73.42 million through a rights issue of 20,585,238 ordinary shares at A$3.566623 per share (company filing).
ABB
AU$4.53
Aussie Broadband
7D
1.8%
1Y
11.0%
CCG
AU$0.065
Comms Group
7D
-1.5%
1Y
-13.3%
SLC
AU$2.46
Superloop
7D
2.1%
1Y
11.3%
5GG
AU$0.028
Pentanet
7D
-3.4%
1Y
-34.9%

Even With A 30% Surge, Cautious Investors Are Not Rewarding Pentanet Limited's (ASX:5GG) Performance Completely

Jan 18
Even With A 30% Surge, Cautious Investors Are Not Rewarding Pentanet Limited's (ASX:5GG) Performance Completely
HFY
AU$0.008
Hubify
7D
-11.1%
1Y
-11.1%

Hubify Limited (ASX:HFY) Surges 29% Yet Its Low P/S Is No Reason For Excitement

Jan 18
Hubify Limited (ASX:HFY) Surges 29% Yet Its Low P/S Is No Reason For Excitement
TUA
AU$6.68
Tuas
7D
-6.6%
1Y
0.3%

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
FRX
AU$0.024
FlexiRoam
7D
-4.0%
1Y
380.0%