Earnings Beat: Proximus PLC Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
May 01
Belgian (BEL20) Telecom Services and Carriers Industry Analysis
UpdatedMay 17, 2024
DataAggregated Company Financials
Companies1
- 7D3.0%
- 3M-9.2%
- 1Y1.2%
- YTD-15.4%
In the last week, the Telecom Services and Carriers industry is up 3.6%, with all of the companies up. Despite this gain, the industry's performance has been flat over the past year. In the next few years earnings are forecast to be pretty stable.
Industry Valuation and Performance
Has the Belgian Telecom Services and Carriers Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 17 May 2024 | €2.4b | €6.0b | €363.0m | 6.6x | 6.6x | 0.4x |
| Sun, 14 Apr 2024 | €2.4b | €6.0b | €357.0m | 6.7x | 6.7x | 0.4x |
| Tue, 12 Mar 2024 | €2.4b | €6.0b | €357.0m | 6.8x | 6.8x | 0.4x |
| Thu, 08 Feb 2024 | €2.7b | €6.0b | €349.0m | 7.8x | 7.8x | 0.5x |
| Sat, 06 Jan 2024 | €2.9b | €6.0b | €349.0m | 8.3x | 8.3x | 0.5x |
| Mon, 04 Dec 2023 | €2.9b | €6.0b | €349.0m | 8.2x | 8.2x | 0.5x |
| Wed, 01 Nov 2023 | €2.5b | €6.0b | €349.0m | 7.2x | 7.2x | 0.4x |
| Fri, 29 Sep 2023 | €2.5b | €6.0b | €395.0m | 6.3x | 6.3x | 0.4x |
| Sun, 27 Aug 2023 | €2.2b | €6.0b | €395.0m | 5.5x | 5.5x | 0.4x |
| Tue, 25 Jul 2023 | €2.3b | €5.9b | €425.0m | 5.5x | 5.5x | 0.4x |
| Thu, 22 Jun 2023 | €2.2b | €5.9b | €425.0m | 5.3x | 5.3x | 0.4x |
| Sat, 20 May 2023 | €2.4b | €5.9b | €425.0m | 5.6x | 5.6x | 0.4x |
| Mon, 17 Apr 2023 | €2.9b | €5.9b | €450.0m | 6.5x | 6.5x | 0.5x |
| Wed, 15 Mar 2023 | €2.6b | €5.9b | €450.0m | 5.8x | 5.8x | 0.4x |
| Fri, 10 Feb 2023 | €2.9b | €5.7b | €456.0m | 6.5x | 6.5x | 0.5x |
| Sun, 08 Jan 2023 | €3.1b | €5.7b | €456.0m | 6.9x | 6.9x | 0.5x |
| Tue, 06 Dec 2022 | €3.2b | €5.7b | €456.0m | 7x | 7x | 0.6x |
| Thu, 03 Nov 2022 | €3.5b | €5.7b | €456.0m | 7.6x | 7.6x | 0.6x |
| Sat, 01 Oct 2022 | €3.4b | €5.6b | €446.0m | 7.7x | 7.7x | 0.6x |
| Mon, 29 Aug 2022 | €4.1b | €5.6b | €446.0m | 9.2x | 9.2x | 0.7x |
| Wed, 27 Jul 2022 | €4.3b | €5.6b | €441.0m | 9.8x | 9.8x | 0.8x |
| Fri, 24 Jun 2022 | €4.4b | €5.6b | €441.0m | 9.9x | 9.9x | 0.8x |
| Sun, 22 May 2022 | €5.2b | €5.6b | €441.0m | 11.8x | 11.8x | 0.9x |
| Tue, 19 Apr 2022 | €5.6b | €5.5b | €443.0m | 12.6x | 12.6x | 1x |
| Thu, 17 Mar 2022 | €5.6b | €5.5b | €443.0m | 12.7x | 12.7x | 1x |
| Sat, 12 Feb 2022 | €5.9b | €5.5b | €466.0m | 12.6x | 12.6x | 1.1x |
| Mon, 10 Jan 2022 | €5.5b | €5.5b | €466.0m | 11.8x | 11.8x | 1x |
| Wed, 08 Dec 2021 | €5.4b | €5.5b | €466.0m | 11.6x | 11.6x | 1x |
| Fri, 05 Nov 2021 | €5.3b | €5.5b | €466.0m | 11.3x | 11.3x | 1x |
| Sun, 03 Oct 2021 | €5.5b | €5.5b | €507.0m | 10.8x | 10.8x | 1x |
| Tue, 31 Aug 2021 | €5.4b | €5.5b | €507.0m | 10.6x | 10.6x | 1x |
| Wed, 07 Jul 2021 | €5.3b | €5.5b | €507.0m | 10.4x | 10.4x | 1x |
Price to Earnings Ratio
10.1x
Current Industry PE
- There is only one company in the Belgian Telecom industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
- The earnings for companies in the Telecom industry have declined 12% per year over the last three years.
- Meanwhile revenues for these companies have grown 3.4% 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 decreased profits.
Industry Trends
Which industries have driven the changes within the Belgian Telecom industry?
| BE Market | 0.58% | |
| Telecom | 0.99% | |
| Telecom Services and Carriers | 2.99% | |
| Integrated Telecom Services | 2.99% | |
| Alternative Carriers | 0% | |
Industry PE
- Investors are most optimistic about the Integrated Telecom Services industry even though it's trading below its 3-year average PE ratio of 8.6x.
- Analysts are expecting annual earnings decline of 0.7%, which is less than its past year's earnings decline of 14.4%.
- Investors are most pessimistic about the Integrated Telecom Services industry, which is trading below its 3-year average of 8.6x.
Forecasted Growth
- Despite it being negative, analysts are least pessimistic on the Integrated Telecom Services industry since they expect its earnings to decline by only 0.7% per year over the next 5 years, which isn't as bad as the other industries.
- In contrast, the Integrated Telecom Services industry is expected to see its earnings growth to stay flat 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 | |
|---|---|---|---|---|---|
| PROX Proximus | €7.42 | 3.0% +€69.4m | 1.2% | PE6.6x |