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Belgian (BEL20) Telecom Sector Analysis

UpdatedDec 01, 2022
DataAggregated Company Financials
Companies5
  • 7D-4.3%
  • 3M-16.9%
  • 1Y-33.1%
  • YTD-36.2%

Over the last 7 days, the Telecom industry has dropped 4.3%, driven by Proximus declining 5.7%. On the other hand Choice is actually up 130%. The industry has fallen 33% in the last year. In the next few years earnings are forecast to be pretty stable.

Sector Valuation and Performance

Has the Belgian Telecom Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 01 Dec 2022€5.4b€7.9b€560.3m15x9.7x0.7x
Sat, 29 Oct 2022€5.4b€7.8b€550.3m14.9x9.8x0.7x
Mon, 26 Sep 2022€5.7b€7.8b€550.3m15.5x10.4x0.7x
Wed, 24 Aug 2022€6.9b€7.8b€550.5m16.7x12.6x0.9x
Fri, 22 Jul 2022€7.0b€7.5b€471.9m12.8x14.9x0.9x
Sun, 19 Jun 2022€7.5b€7.5b€471.9m14x16x1x
Tue, 17 May 2022€8.0b€7.5b€471.9m14.7x16.9x1.1x
Thu, 14 Apr 2022€8.4b€7.5b€473.9m13.7x17.7x1.1x
Sat, 12 Mar 2022€8.4b€7.5b€473.9m13.6x17.7x1.1x
Mon, 07 Feb 2022€8.6b€7.2b€434.2m14.2x19.9x1.2x
Wed, 05 Jan 2022€8.5b€7.2b€434.2m14.1x19.6x1.2x
Fri, 03 Dec 2021€8.1b€7.2b€434.2m12.4x18.7x1.1x
Sun, 31 Oct 2021€8.1b€7.2b€475.2m12.2x17.1x1.1x
Tue, 28 Sep 2021€8.5b€7.2b€478.6m11.7x17.7x1.2x
Thu, 26 Aug 2021€6.9b€7.1b€563.5m11.9x12.2x1x
Fri, 02 Jul 2021€6.6b€7.1b€563.5m11x11.7x0.9x
Mon, 05 Apr 2021€7.6b€7.0b€592.8m16.7x12.8x1.1x
Thu, 07 Jan 2021€7.6b€7.2b€555.0m24.2x13.8x1.1x
Wed, 30 Sep 2020€6.8b€7.4b€452.1m15.6x15.1x0.9x
Sat, 04 Jul 2020€8.0b€7.6b€454.3m23.8x17.5x1.1x
Tue, 07 Apr 2020€8.8b€7.7b€473.1m21.1x18.5x1.1x
Fri, 10 Jan 2020€11.2b€7.8b€471.5m25.7x23.8x1.4x
Price to Earnings Ratio

19.2x


Total Market Cap: €11.9bTotal Earnings: €618.5mTotal Revenue: €7.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Belgian Telecom Sector Price to Earnings3Y Average 16x202020212022
Current Industry PE
  • Investors are pessimistic on the Belgian Communication Services industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 9.7x which is lower than its 3-year average PE of 16.0x.
  • The 3-year average PS ratio of 1.1x is higher than the industry's current PS ratio of 0.69x.
Past Earnings Growth
  • The earnings for companies in the Communication Services industry have declined 3.2% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Belgian Telecom sector?

BE Market0.21%
Telecom-4.35%
Interactive Media and Services129.80%
Media0%
Wireless Telecom-2.07%
Entertainment-3.20%
Telecom Services and Carriers-5.68%
Industry PE
    • Investors are most pessimistic about the Telecom Services and Carriers industry, which is trading below its 3-year average of 12.4x.
    Forecasted Growth
    • Analysts are most optimistic on the Entertainment industry, expecting annual earnings growth of 26% over the next 5 years.
    • In contrast, the Telecom Services and Carriers industry is expected to see its earnings decline by 7.9% 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
    MLTV Choice€0.91129.8%
    +€1.1m
    -84.1%n/a
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    Latest News

    PROX

    €10.00

    Proximus

    7D

    -5.7%

    1Y

    -40.3%

    KIN

    €36.36

    Kinepolis Group

    7D

    -3.2%

    1Y

    -26.3%

    OBEL

    €17.04

    Orange Belgium

    7D

    -2.1%

    1Y

    -13.1%

    TNET

    €15.15

    Telenet Group Holding

    7D

    -3.1%

    1Y

    -51.9%