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

Australian (ASX) Telecom Services and Carriers Industry Analysis

UpdatedJan 13, 2026
DataAggregated Company Financials
Companies10
  • 7D0.5%
  • 3M-3.1%
  • 1Y15.6%
  • YTD-0.2%

Last week, the Telecom Services and Carriers industry hasn't moved much but TPG Telecom is up 4.2% in that time. The past year has been better, since the industry has gained 16% in that time. Looking forward, 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
Wed, 14 Jan 2026AU$69.0bAU$30.8bAU$2.1b262.2x32.6x2.2x
Fri, 12 Dec 2025AU$69.1bAU$30.8bAU$2.1b262.9x32.7x2.2x
Sun, 09 Nov 2025AU$74.1bAU$30.8bAU$2.1b255.8x35x2.4x
Tue, 07 Oct 2025AU$71.8bAU$30.9bAU$2.1b254.1x34x2.3x
Thu, 04 Sep 2025AU$71.5bAU$30.9bAU$2.1b620.5x33.9x2.3x
Sat, 02 Aug 2025AU$71.8bAU$30.6bAU$1.6b44.6x45.2x2.3x
Mon, 30 Jun 2025AU$70.2bAU$30.6bAU$1.6b39x44.2x2.3x
Wed, 28 May 2025AU$68.9bAU$30.6bAU$1.6b40.2x43.4x2.3x
Fri, 25 Apr 2025AU$65.0bAU$30.6bAU$1.6b39.3x40.9x2.1x
Sun, 23 Mar 2025AU$62.3bAU$30.6bAU$1.6b34.6x39.4x2x
Tue, 18 Feb 2025AU$58.4bAU$30.3bAU$1.6b44.4x35.6x1.9x
Thu, 16 Jan 2025AU$59.9bAU$30.4bAU$1.6b40.5x36.8x2x
Sat, 14 Dec 2024AU$59.6bAU$30.4bAU$1.6b41.5x36.6x2x
Mon, 11 Nov 2024AU$57.8bAU$30.4bAU$1.6b42.3x35.5x1.9x
Wed, 09 Oct 2024AU$58.2bAU$30.4bAU$1.6b41.6x35.7x1.9x
Fri, 06 Sep 2024AU$58.5bAU$30.4bAU$1.6b40.8x36.8x1.9x
Sun, 04 Aug 2024AU$57.8bAU$30.1bAU$2.0b39.8x29.1x1.9x
Tue, 02 Jul 2024AU$54.2bAU$30.1bAU$2.0b44.3x27.2x1.8x
Thu, 30 May 2024AU$51.9bAU$30.1bAU$2.0b43.6x26.1x1.7x
Sat, 27 Apr 2024AU$53.4bAU$30.1bAU$2.0b46.4x26.9x1.8x
Mon, 25 Mar 2024AU$55.4bAU$30.1bAU$2.0b46.8x27.9x1.8x
Wed, 21 Feb 2024AU$58.0bAU$29.9bAU$2.3b23.8x25x1.9x
Fri, 19 Jan 2024AU$61.5bAU$30.0bAU$2.3b24.2x27x2.1x
Sun, 17 Dec 2023AU$60.9bAU$30.0bAU$2.3b23.6x26.8x2x
Tue, 14 Nov 2023AU$61.4bAU$30.0bAU$2.3b23.6x27x2x
Thu, 12 Oct 2023AU$60.6bAU$30.0bAU$2.3b24.6x26.6x2x
Sat, 09 Sep 2023AU$61.3bAU$30.0bAU$2.3b26.2x27x2x
Mon, 07 Aug 2023AU$64.7bAU$29.1bAU$2.3b55.5x28.5x2.2x
Wed, 05 Jul 2023AU$66.2bAU$29.5bAU$2.3b59.8x29x2.2x
Fri, 02 Jun 2023AU$67.7bAU$29.5bAU$2.3b57.9x29.7x2.3x
Sun, 30 Apr 2023AU$67.2bAU$29.5bAU$2.3b62.9x29.5x2.3x
Tue, 28 Mar 2023AU$64.2bAU$29.5bAU$2.3b61.2x28.2x2.2x
Thu, 23 Feb 2023AU$63.1bAU$29.2bAU$2.0b62.8x32.1x2.2x
Sat, 21 Jan 2023AU$63.4bAU$28.3bAU$1.8b62.8x35.3x2.2x
Price to Earnings Ratio

35.3x


Total Market Cap: AU$63.4bTotal 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 32.6x202420252026
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 32.6x.
  • 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 Market0.73%
Telecom1.65%
Telecom Services and Carriers0.54%
Alternative Carriers0.76%
Integrated Telecom Services0.53%
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 28.9%, 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 roughly in line with its past earnings growth rate.
  • In contrast, the Integrated Telecom 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?

CompanyLast Price7D1YValuation
TPG TPG TelecomAU$3.974.2%
+AU$313.5m		-9.8%PS1.4x
TUA TuasAU$7.083.5%
+AU$131.6m		16.1%PE485.6x
ABB Aussie BroadbandAU$4.921.0%
+AU$14.6m		38.2%PE43.8x
SWP Swoop HoldingsAU$0.1318.2%
+AU$6.2m		-27.8%PS0.4x
HFY HubifyAU$0.00814.3%
+AU$511.1k		0%PS0.2x

Latest News

SWP
AU$0.13
Swoop Holdings
7D
18.2%
1Y
-27.8%

Swoop Holdings Limited's (ASX:SWP) Shares Not Telling The Full Story

Jan 07
Swoop Holdings Limited's (ASX:SWP) Shares Not Telling The Full Story
TUA
AU$7.08
Tuas
7D
3.5%
1Y
16.1%

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
HFY
AU$0.008
Hubify
7D
14.3%
1Y
0%
TPG
AU$3.97
TPG Telecom
7D
4.2%
1Y
-9.8%

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.
CCG
AU$0.067
Comms Group
7D
-1.5%
1Y
-13.0%
ABB
AU$4.92
Aussie Broadband
7D
1.0%
1Y
38.2%

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

Nov 27
Is Aussie Broadband Limited (ASX:ABB) Trading At A 49% Discount?
SLC
AU$2.44
Superloop
7D
-1.6%
1Y
19.0%

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