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Australian (ASX) Telecom Services and Carriers Industry Analysis

UpdatedJul 13, 2025
DataAggregated Company Financials
Companies9
  • 7D0.3%
  • 3M9.3%
  • 1Y25.1%
  • YTD18.7%

The Telecom Services and Carriers industry has been flat over the last week, but Tuas has lost 6.7%. As for the the longer term, the industry is up 25% over the past 12 months. As for the next few years, earnings are expected to grow by 15% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 14 Jul 2025AU$70.6bAU$30.6bAU$1.6b40.7x44.4x2.3x
Wed, 11 Jun 2025AU$70.5bAU$30.6bAU$1.6b41x44.4x2.3x
Fri, 09 May 2025AU$67.2bAU$30.6bAU$1.6b41.9x42.3x2.2x
Sun, 06 Apr 2025AU$63.3bAU$30.6bAU$1.6b38.3x39.8x2.1x
Tue, 04 Mar 2025AU$62.5bAU$30.6bAU$1.6b35.1x39.6x2x
Thu, 30 Jan 2025AU$59.7bAU$30.4bAU$1.6b41.8x36.7x2x
Sat, 28 Dec 2024AU$60.0bAU$30.4bAU$1.6b40x36.9x2x
Mon, 25 Nov 2024AU$57.5bAU$30.4bAU$1.6b39.5x35.3x1.9x
Wed, 23 Oct 2024AU$57.7bAU$30.4bAU$1.6b41.5x35.4x1.9x
Fri, 20 Sep 2024AU$59.6bAU$30.4bAU$1.6b41.8x37.4x2x
Sun, 18 Aug 2024AU$58.0bAU$30.2bAU$1.6b40.1x36.7x1.9x
Tue, 16 Jul 2024AU$57.2bAU$30.1bAU$2.0b39.5x28.8x1.9x
Thu, 13 Jun 2024AU$53.0bAU$30.1bAU$2.0b44.4x26.6x1.8x
Sat, 11 May 2024AU$54.1bAU$30.1bAU$2.0b48.6x27.2x1.8x
Mon, 08 Apr 2024AU$56.2bAU$30.1bAU$2.0b44.7x28.3x1.9x
Wed, 06 Mar 2024AU$56.2bAU$30.0bAU$2.0b59.5x28.3x1.9x
Fri, 02 Feb 2024AU$62.6bAU$30.0bAU$2.3b24.5x27.5x2.1x
Sun, 31 Dec 2023AU$61.8bAU$30.0bAU$2.3b24.4x27.2x2.1x
Tue, 28 Nov 2023AU$58.2bAU$30.0bAU$2.3b22.5x25.6x1.9x
Thu, 26 Oct 2023AU$60.2bAU$30.0bAU$2.3b24.8x26.5x2x
Sat, 23 Sep 2023AU$60.5bAU$30.0bAU$2.3b26x26.6x2x
Mon, 21 Aug 2023AU$61.7bAU$29.7bAU$2.3b57x26.4x2.1x
Wed, 19 Jul 2023AU$65.0bAU$29.5bAU$2.3b56.4x28.5x2.2x
Fri, 16 Jun 2023AU$67.0bAU$29.5bAU$2.3b59.1x29.4x2.3x
Sun, 14 May 2023AU$66.9bAU$29.5bAU$2.3b59.4x29.4x2.3x
Tue, 11 Apr 2023AU$65.4bAU$29.5bAU$2.3b61.5x28.7x2.2x
Thu, 09 Mar 2023AU$63.5bAU$29.4bAU$2.3b63.7x28x2.2x
Sat, 04 Feb 2023AU$63.2bAU$28.3bAU$1.8b62.8x35.2x2.2x
Mon, 02 Jan 2023AU$61.8bAU$28.3bAU$1.8b62.8x34.5x2.2x
Wed, 30 Nov 2022AU$62.0bAU$28.3bAU$1.8b62.8x34.6x2.2x
Fri, 28 Oct 2022AU$59.8bAU$28.3bAU$1.8b63.6x33.3x2.1x
Sun, 25 Sep 2022AU$59.2bAU$28.3bAU$1.8b69.4x33x2.1x
Tue, 23 Aug 2022AU$65.6bAU$28.0bAU$1.9b62.8x35x2.3x
Thu, 21 Jul 2022AU$64.3bAU$27.8bAU$1.6b63.3x41.3x2.3x
Price to Earnings Ratio

41.3x


Total Market Cap: AU$64.3bTotal Earnings: AU$1.6bTotal Revenue: AU$27.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Telecom Services and Carriers Industry Price to Earnings3Y Average 32.5x202320242025
Current Industry PE
  • Investors are optimistic on the Australian Telecom industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 44.4x which is higher than its 3-year average PE of 32.5x.
  • The 3-year average PS ratio of 2.1x is lower than the industry's current PS ratio of 2.3x.
Past Earnings Growth
  • The earnings for companies in the Telecom industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 3.2% 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 and as a result, profits have held steady.

Industry Trends

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

AU Market-0.22%
Telecom0.30%
Telecom Services and Carriers0.34%
Alternative Carriers2.80%
Integrated Telecom Services0.24%
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 36.3%, which is higher than its past year's earnings growth of 25.0% per year.
  • Investors are most pessimistic about the Integrated Telecom Services industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 30.6x.
Forecasted Growth
  • Analysts are most optimistic on the Alternative Carriers industry, expecting annual earnings growth of 36% over the next 5 years.
  • This is better than its past earnings growth rate of 25% per year.
  • In contrast, the Integrated Telecom Services industry is expected to see its earnings grow by 14% 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$5.472.2%
+AU$222.5m
14.4%PS1.8x
TLS Telstra GroupAU$4.850.2%
+AU$113.7m
27.0%PE32.7x
ABB Aussie BroadbandAU$4.085.7%
+AU$63.0m
14.3%PE40.7x
VN8 VonexAU$0.03594.4%
+AU$12.8m
0%PS0.6x
SLC SuperloopAU$2.980.7%
+AU$10.2m
92.3%PS3.2x

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