Is Field Solutions Holdings (ASX:FSG) Weighed On By Its Debt Load?
Mar 12
Australian (ASX) Alternative Carriers Industry Analysis
UpdatedApr 22, 2024
DataAggregated Company Financials
Companies4
- 7D-3.8%
- 3M13.6%
- 1Y22.7%
- YTDn/a
Over the last 7 days, the Alternative Carriers industry has dropped 3.8%, driven by pullbacks in Aussie Broadband and Superloop of 3.3% and 5.2%, respectively. Over the past 12 months, the industry was up 23%. Earnings are forecast to grow by 56% annually.
Industry Valuation and Performance
Has the Australian Alternative Carriers Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 22 Apr 2024 | AU$1.8b | AU$1.4b | -AU$30,963,572.00 | 45x | -56.9x | 1.3x |
| Wed, 20 Mar 2024 | AU$1.7b | AU$1.4b | -AU$30,963,572.00 | 45.9x | -56.4x | 1.2x |
| Fri, 16 Feb 2024 | AU$1.5b | AU$1.3b | -AU$35,235,687.00 | 49.9x | -42.7x | 1.2x |
| Sun, 14 Jan 2024 | AU$4.9b | AU$1.5b | AU$19.4m | 54.8x | 251.3x | 3.2x |
| Tue, 12 Dec 2023 | AU$4.8b | AU$1.5b | AU$19.4m | 54.8x | 249.9x | 3.2x |
| Thu, 09 Nov 2023 | AU$4.7b | AU$1.5b | AU$19.4m | 51.9x | 242.8x | 3.1x |
| Sat, 07 Oct 2023 | AU$4.8b | AU$1.5b | AU$19.4m | 53.8x | 246.9x | 3.2x |
| Mon, 04 Sep 2023 | AU$4.7b | AU$1.5b | AU$19.4m | 50.9x | 241.8x | 3.1x |
| Wed, 02 Aug 2023 | AU$4.5b | AU$1.4b | -AU$57,298,954.00 | 58x | -78.1x | 3.2x |
| Fri, 30 Jun 2023 | AU$4.5b | AU$1.4b | -AU$57,298,954.00 | 59.9x | -78.4x | 3.3x |
| Sun, 28 May 2023 | AU$4.5b | AU$1.4b | -AU$57,298,954.00 | 58.8x | -78.4x | 3.3x |
| Tue, 25 Apr 2023 | AU$4.6b | AU$1.4b | -AU$57,298,954.00 | 63.4x | -80.7x | 3.4x |
| Thu, 23 Mar 2023 | AU$4.6b | AU$1.4b | -AU$57,298,954.00 | 61.5x | -79.9x | 3.3x |
| Sat, 18 Feb 2023 | AU$4.6b | AU$1.2b | -AU$53,127,622.00 | 69.2x | -87.2x | 3.8x |
| Mon, 16 Jan 2023 | AU$4.6b | AU$1.2b | -AU$53,127,622.00 | 71.9x | -86.5x | 3.8x |
| Wed, 14 Dec 2022 | AU$4.5b | AU$1.2b | -AU$53,127,622.00 | 70.2x | -85.2x | 3.7x |
| Fri, 11 Nov 2022 | AU$4.5b | AU$1.2b | -AU$53,127,622.00 | 72.6x | -85.1x | 3.7x |
| Sun, 09 Oct 2022 | AU$4.4b | AU$1.2b | -AU$53,127,622.00 | 74.3x | -83x | 3.6x |
| Tue, 06 Sep 2022 | AU$4.5b | AU$1.2b | -AU$53,127,622.00 | 75.5x | -85.6x | 3.7x |
| Thu, 04 Aug 2022 | AU$4.7b | AU$995.2m | AU$26.4m | 66.6x | 179.5x | 4.8x |
| Sat, 02 Jul 2022 | AU$4.6b | AU$995.2m | AU$26.4m | 60.4x | 176x | 4.7x |
| Mon, 30 May 2022 | AU$4.9b | AU$995.2m | AU$26.4m | 55.3x | 186.2x | 4.9x |
| Wed, 27 Apr 2022 | AU$5.4b | AU$995.2m | AU$26.4m | 84.6x | 204.9x | 5.4x |
| Fri, 25 Mar 2022 | AU$5.1b | AU$995.2m | AU$26.4m | 104.6x | 194.9x | 5.2x |
| Sun, 20 Feb 2022 | AU$4.5b | AU$761.1m | -AU$7,963,796.00 | 91.7x | -561.2x | 5.9x |
| Tue, 18 Jan 2022 | AU$4.8b | AU$761.1m | -AU$7,963,796.00 | 99.7x | -604x | 6.3x |
| Thu, 16 Dec 2021 | AU$5.7b | AU$1.1b | -AU$791,796.00 | 82.8x | -7258.1x | 5.5x |
| Sat, 13 Nov 2021 | AU$5.5b | AU$1.1b | -AU$791,796.00 | 82.1x | -6996.9x | 5.3x |
| Mon, 11 Oct 2021 | AU$5.2b | AU$1.1b | -AU$791,796.00 | 74.6x | -6541.2x | 4.9x |
| Wed, 08 Sep 2021 | AU$5.2b | AU$1.1b | -AU$1,081,796.00 | 71.1x | -4800.5x | 4.9x |
| Fri, 06 Aug 2021 | AU$4.5b | AU$1.1b | -AU$1,081,796.00 | 65.7x | -4117.5x | 4.2x |
| Mon, 10 May 2021 | AU$3.8b | AU$943.6m | -AU$20,064,477.00 | 77.2x | -190.5x | 4.1x |
Price to Earnings Ratio
-190.5x
Current Industry PE
- Investors are pessimistic on the Australian Alternative Carriers industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 3.9x is higher than the industry's current PS ratio of 1.3x.
Past Earnings Growth
- The earnings for companies in the Alternative Carriers industry have deteriorated over the last three years.
- Meanwhile revenues for these companies have grown 14% 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 caused losses to expand.
Industry Comparison
How does Australian Alternative Carriers compare with similar industries?
| AU Market | -2.96% | |
| Telecom | -2.79% | |
| Telecom Services and Carriers | -2.90% | |
| Alternative Carriers | -3.81% | |
| Integrated Telecom Services | -2.87% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under 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$3.60 | 2.6% +AU$26.6m | 6.8% | PE46.3x | |
| FSG Field Solutions Holdings | AU$0.032 | 6.7% +AU$1.5m | -52.9% | PS0.4x |