Australian (ASX) Telecom Services and Carriers Industry Analysis

UpdatedNov 28, 2021

DataAggregated Company Financials

Companies17

7D-0.6%
3M5.5%
1Y22.0%
YTD27.0%

Over the last 7 days, the Telecom Services and Carriers industry has remained flat. As for the the longer term, the industry is up 22% over the past 12 months.

Industry Valuation and Performance

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

Date	Market Cap	Revenue	Earnings	PE
Sun, 28 Nov 2021	AU$68.4b	AU$28.4b	AU$2.6b	63.3x
Tue, 26 Oct 2021	AU$66.6b	AU$28.4b	AU$2.6b	57.6x
Thu, 23 Sep 2021	AU$67.3b	AU$28.4b	AU$2.6b	45.8x
Sat, 21 Aug 2021	AU$67.2b	AU$28.4b	AU$2.6b	43.8x
Sat, 05 Jun 2021	AU$56.9b	AU$28.2b	AU$2.5b	55.3x
Tue, 09 Mar 2021	AU$54.0b	AU$28.0b	AU$2.5b	34.6x
Mon, 30 Nov 2020	AU$54.7b	AU$28.0b	AU$2.1b	40.9x
Thu, 03 Sep 2020	AU$52.9b	AU$27.8b	AU$1.8b	45.9x
Sun, 07 Jun 2020	AU$40.8b	AU$25.0b	AU$1.9b	47.2x
Sat, 29 Feb 2020	AU$42.5b	AU$25.6b	AU$2.0b	25.8x
Tue, 03 Dec 2019	AU$47.7b	AU$25.8b	AU$2.0b	26.6x
Fri, 06 Sep 2019	AU$45.7b	AU$25.9b	AU$2.1b	29.3x
Mon, 10 Jun 2019	AU$44.8b	AU$26.1b	AU$2.6b	24.9x
Sun, 03 Mar 2019	AU$38.3b	AU$26.3b	AU$3.1b	23.9x
Wed, 05 Dec 2018	AU$36.0b	AU$26.4b	AU$3.4b	27.3x

PE Ratio

27.3x

Wed, 05 Dec 2018

Current Industry PE: Investors are more optimistic on the industry, considering it's trading at a PE ratio of 63.3x which is higher than its 3-year average PE of 36.0x. It appears they are confident that earnings will grow faster in the future than they have historically.

Past Earnings Growth: The earnings for companies in the Telecom industry have declined 8.8% per year over the last three years, while revenues for these companies have grown 2.6% 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 Services and Carriers industry?


Integrated Telecom Services	-0.32%
Alternative Carriers	-3.48%

Industry PE: Investors are most optimistic about the Alternative Carriers industry which is trading above its 3-year average PE ratio of 52.8x. However analysts are expecting annual earnings growth of 44%, which is lower than the prior year's growth of 65% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Integrated Telecom Services industry. Although, investor sentiment seems to have improved given its trading above its 3-year average of 24.6x.

Forecasted Growth: Analysts are most optimistic on the Alternative Carriers industry, expecting annual earnings growth of 44% over the next 5 years. However this is lower than its past earnings growth rate of 65% per year. Meanwhile, the Integrated Telecom Services industry is expected to see its earnings grow by 5.9% per year over the next few years.