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?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 01 Dec 2022 | €5.4b | €7.9b | €560.3m | 15x | 9.7x | 0.7x |
| Sat, 29 Oct 2022 | €5.4b | €7.8b | €550.3m | 14.9x | 9.8x | 0.7x |
| Mon, 26 Sep 2022 | €5.7b | €7.8b | €550.3m | 15.5x | 10.4x | 0.7x |
| Wed, 24 Aug 2022 | €6.9b | €7.8b | €550.5m | 16.7x | 12.6x | 0.9x |
| Fri, 22 Jul 2022 | €7.0b | €7.5b | €471.9m | 12.8x | 14.9x | 0.9x |
| Sun, 19 Jun 2022 | €7.5b | €7.5b | €471.9m | 14x | 16x | 1x |
| Tue, 17 May 2022 | €8.0b | €7.5b | €471.9m | 14.7x | 16.9x | 1.1x |
| Thu, 14 Apr 2022 | €8.4b | €7.5b | €473.9m | 13.7x | 17.7x | 1.1x |
| Sat, 12 Mar 2022 | €8.4b | €7.5b | €473.9m | 13.6x | 17.7x | 1.1x |
| Mon, 07 Feb 2022 | €8.6b | €7.2b | €434.2m | 14.2x | 19.9x | 1.2x |
| Wed, 05 Jan 2022 | €8.5b | €7.2b | €434.2m | 14.1x | 19.6x | 1.2x |
| Fri, 03 Dec 2021 | €8.1b | €7.2b | €434.2m | 12.4x | 18.7x | 1.1x |
| Sun, 31 Oct 2021 | €8.1b | €7.2b | €475.2m | 12.2x | 17.1x | 1.1x |
| Tue, 28 Sep 2021 | €8.5b | €7.2b | €478.6m | 11.7x | 17.7x | 1.2x |
| Thu, 26 Aug 2021 | €6.9b | €7.1b | €563.5m | 11.9x | 12.2x | 1x |
| Fri, 02 Jul 2021 | €6.6b | €7.1b | €563.5m | 11x | 11.7x | 0.9x |
| Mon, 05 Apr 2021 | €7.6b | €7.0b | €592.8m | 16.7x | 12.8x | 1.1x |
| Thu, 07 Jan 2021 | €7.6b | €7.2b | €555.0m | 24.2x | 13.8x | 1.1x |
| Wed, 30 Sep 2020 | €6.8b | €7.4b | €452.1m | 15.6x | 15.1x | 0.9x |
| Sat, 04 Jul 2020 | €8.0b | €7.6b | €454.3m | 23.8x | 17.5x | 1.1x |
| Tue, 07 Apr 2020 | €8.8b | €7.7b | €473.1m | 21.1x | 18.5x | 1.1x |
| Fri, 10 Jan 2020 | €11.2b | €7.8b | €471.5m | 25.7x | 23.8x | 1.4x |
Price to Earnings Ratio
19.2x
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 Market | 0.21% | |
| Telecom | -4.35% | |
| Interactive Media and Services | 129.80% | |
| Media | 0% | |
| 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| MLTV Choice | €0.91 | 129.8% +€1.1m | -84.1% | n/a |