Header cover image

Australian (ASX) Telecom Services and Carriers Industry Analysis

UpdatedMar 06, 2026
DataAggregated Company Financials
Companies10
  • 7D0.2%
  • 3M5.0%
  • 1Y18.1%
  • YTD4.9%

Over the last 7 days, the Telecom Services and Carriers industry has risen 1.8%, driven by gains from Telstra Group of 0.8%. This means that the industry has gained 18% over the past year. As for the next few years, earnings are expected to grow by 8.5% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 06 Mar 2026AU$72.4bAU$30.5bAU$2.4b56.3x30.7x2.4x
Sun, 01 Feb 2026AU$69.0bAU$30.8bAU$2.1b269.8x32.7x2.2x
Tue, 30 Dec 2025AU$68.7bAU$30.8bAU$2.1b264.8x32.5x2.2x
Thu, 27 Nov 2025AU$69.3bAU$30.8bAU$2.1b234.5x32.8x2.2x
Sat, 25 Oct 2025AU$72.6bAU$30.8bAU$2.1b256x34.4x2.4x
Mon, 22 Sep 2025AU$71.5bAU$30.9bAU$2.1b705.2x33.9x2.3x
Wed, 20 Aug 2025AU$72.9bAU$30.6bAU$2.1b45.4x35.1x2.4x
Fri, 18 Jul 2025AU$71.9bAU$30.6bAU$1.6b41.3x45.3x2.4x
Sun, 15 Jun 2025AU$70.9bAU$30.6bAU$1.6b40.1x44.6x2.3x
Tue, 13 May 2025AU$67.3bAU$30.6bAU$1.6b41.7x42.4x2.2x
Thu, 10 Apr 2025AU$63.2bAU$30.6bAU$1.6b36.9x39.8x2.1x
Sat, 08 Mar 2025AU$61.4bAU$30.6bAU$1.6b32.9x39x2x
Mon, 03 Feb 2025AU$59.3bAU$30.3bAU$1.6b44.2x36.2x2x
Wed, 01 Jan 2025AU$60.0bAU$30.4bAU$1.6b40.1x36.8x2x
Fri, 29 Nov 2024AU$59.0bAU$30.4bAU$1.6b42x36.2x1.9x
Sun, 27 Oct 2024AU$57.9bAU$30.4bAU$1.6b43.7x35.6x1.9x
Tue, 24 Sep 2024AU$58.9bAU$30.4bAU$1.6b43.3x37x1.9x
Thu, 22 Aug 2024AU$58.2bAU$30.2bAU$1.6b39.9x36.1x1.9x
Sat, 20 Jul 2024AU$57.4bAU$30.1bAU$2.0b40x28.9x1.9x
Mon, 17 Jun 2024AU$53.1bAU$30.1bAU$2.0b45.9x26.7x1.8x
Wed, 15 May 2024AU$54.4bAU$30.1bAU$2.0b46.5x27.4x1.8x
Fri, 12 Apr 2024AU$55.7bAU$30.1bAU$2.0b45.6x28x1.9x
Sun, 10 Mar 2024AU$56.4bAU$30.0bAU$2.0b58.1x28.5x1.9x
Tue, 06 Feb 2024AU$59.6bAU$29.8bAU$2.2b24.7x26.9x2x
Thu, 04 Jan 2024AU$61.2bAU$30.0bAU$2.3b23.7x26.9x2x
Sat, 02 Dec 2023AU$58.7bAU$30.0bAU$2.3b22.7x25.8x2x
Mon, 30 Oct 2023AU$59.4bAU$30.0bAU$2.3b24.4x26.1x2x
Wed, 27 Sep 2023AU$60.7bAU$30.0bAU$2.3b26.1x26.7x2x
Fri, 25 Aug 2023AU$62.3bAU$29.9bAU$2.1b48.2x29.7x2.1x
Sun, 23 Jul 2023AU$65.1bAU$29.5bAU$2.3b57.6x28.5x2.2x
Tue, 20 Jun 2023AU$67.8bAU$29.5bAU$2.3b58.9x29.7x2.3x
Thu, 18 May 2023AU$67.1bAU$29.5bAU$2.3b60.2x29.4x2.3x
Sat, 15 Apr 2023AU$65.8bAU$29.5bAU$2.3b62.9x28.9x2.2x
Mon, 13 Mar 2023AU$63.9bAU$29.4bAU$2.3b62.2x28.2x2.2x
Price to Earnings Ratio

28.2x


Total Market Cap: AU$63.9bTotal Earnings: AU$2.3bTotal Revenue: AU$29.4bTotal 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 3-year average PS ratio of 2.1x is lower than the industry's current PS ratio of 2.4x.
Past Earnings Growth
  • Both revenue and earnings for companies in the Telecom industry have remained mostly flat over the last three years.
  • This means that sales and the cost of doing business have remained relatively consistent over this period and subsequently, so have profits.

Industry Trends

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

AU Market-2.64%
Telecom0.62%
Telecom Services and Carriers0.21%
Integrated Telecom Services0.29%
Alternative Carriers-1.67%
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 33.7%, which is higher than its past year's earnings decline of 10.3% per year.
  • Investors are most pessimistic about the Integrated Telecom Services industry, which is trading close to its 3-year average of 31.1x.
Forecasted Growth
  • Analysts are most optimistic on the Alternative Carriers industry, expecting annual earnings growth of 34% over the next 5 years.
  • This is better than its past earnings decline of 10% per year.
  • In contrast, the Integrated Telecom Services industry is expected to see its earnings grow by 7.4% 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
TLS Telstra GroupAU$5.241.2%
+AU$674.3m
26.3%PE26x
TPG TPG TelecomAU$4.042.5%
+AU$195.2m
-9.6%PE151.7x

Latest News