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Australian (ASX) Alternative Carriers Industry Analysis
UpdatedMay 28, 2022
DataAggregated Company Financials
Companies6
- 7D0.5%
- 3M19.3%
- 1Y39.6%
- YTD-4.8%
Over the last 7 days, the Alternative Carriers industry has remained flat, although notably Aussie Broadband gained 3.7%. The past year has been better, since the industry has gained 40% in that time. Looking forward, earnings are forecast to grow by 34% annually.
Industry Valuation and Performance
Has the Australian Alternative Carriers Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Sat, 28 May 2022 | AU$4.9b | AU$995.2m | AU$26.4m | 55.2x |
| Mon, 25 Apr 2022 | AU$5.5b | AU$995.2m | AU$26.4m | 89.7x |
| Wed, 23 Mar 2022 | AU$4.8b | AU$995.2m | AU$26.4m | 99.5x |
| Fri, 18 Feb 2022 | AU$4.4b | AU$761.1m | -AU$7,963,796.00 | 90.1x |
| Sun, 16 Jan 2022 | AU$4.8b | AU$761.1m | -AU$7,963,796.00 | 98.3x |
| Tue, 14 Dec 2021 | AU$5.8b | AU$1.1b | -AU$791,796.00 | 82.7x |
| Thu, 11 Nov 2021 | AU$5.4b | AU$1.1b | -AU$791,796.00 | 79.8x |
| Sat, 09 Oct 2021 | AU$5.2b | AU$1.1b | -AU$791,796.00 | 74.6x |
| Mon, 06 Sep 2021 | AU$5.2b | AU$1.1b | -AU$1,081,796.00 | 71.9x |
| Wed, 04 Aug 2021 | AU$4.4b | AU$1.1b | -AU$1,081,796.00 | 64.7x |
| Sat, 08 May 2021 | AU$3.8b | AU$943.6m | -AU$20,064,477.00 | 77.2x |
| Tue, 09 Feb 2021 | AU$2.9b | AU$852.2m | -AU$34,887,010.00 | 68.5x |
| Mon, 02 Nov 2020 | AU$2.1b | AU$773.2m | -AU$32,139,852.00 | 40.7x |
| Thu, 06 Aug 2020 | AU$2.0b | AU$486.9m | -AU$21,253,843.00 | 53.4x |
| Sun, 10 May 2020 | AU$1.3b | AU$476.6m | -AU$51,588,909.00 | 54.7x |
| Sat, 01 Feb 2020 | AU$1.4b | AU$466.3m | -AU$81,923,975.00 | 38.8x |
| Tue, 05 Nov 2019 | AU$1.3b | AU$450.7m | -AU$82,929,701.00 | 38.1x |
| Fri, 09 Aug 2019 | AU$897.3m | AU$435.0m | -AU$83,935,427.00 | 26.2x |
Median PE Ratio
30.3x
Current Industry PE
- Investors are relatively neutral on the 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 59.0x.
Past Earnings Growth
- Total earnings for the Alternative Carriers industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 34% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Comparison
How does Australian Alternative Carriers compare with similar industries?
| AU Market | -1.30% | |
| Telecom | -1.51% | |
| Telecom Services and Carriers | -1.34% | |
| Alternative Carriers | 0.53% | |
| Integrated Telecom Services | -1.50% | |
Industry PEThere is insufficient data on the sub-industries of this industry.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ABB Aussie Broadband | AU$4.23 | 3.7% +AU$35.6m | 56.7% | PS136.5x | |
| UWL Uniti Group | AU$4.93 | 0% AU$12.4m | 64.9% | PS61.7x |