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Brazilian (BOVESPA) Telecom Sector Analysis

UpdatedJul 23, 2025
DataAggregated Company Financials
Companies11
  • 7D-3.7%
  • 3M9.1%
  • 1Y20.6%
  • YTD30.5%

Over the last 7 days, the Telecom industry has dropped 1.6%, driven by a pullback from Telefônica Brasil of 3.1%. On the other hand Atom Educação E Editora is actually up 6.7%. In the past year, the industry has gained 24%. Looking forward, earnings are forecast to grow by 14% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 24 Jul 2025R$153.4bR$88.9bR$9.5b14x16.2x1.7x
Sat, 21 Jun 2025R$157.7bR$88.9bR$9.5b15.2x16.6x1.8x
Mon, 19 May 2025R$150.1bR$90.1bR$9.6b14.9x15.6x1.7x
Wed, 16 Apr 2025R$136.1bR$88.8bR$9.1b13.4x15x1.5x
Fri, 14 Mar 2025R$132.4bR$88.8bR$9.0b10.5x14.7x1.5x
Sun, 09 Feb 2025R$131.7bR$87.6bR$8.9b10.8x14.8x1.5x
Tue, 07 Jan 2025R$121.9bR$87.6bR$8.9b10.4x13.7x1.4x
Thu, 05 Dec 2024R$133.2bR$87.4bR$8.9b12x15x1.5x
Sat, 02 Nov 2024R$137.1bR$86.1bR$8.6b13.7x16x1.6x
Mon, 30 Sep 2024R$147.0bR$86.1bR$8.6b15.6x17.2x1.7x
Wed, 28 Aug 2024R$139.9bR$86.1bR$8.6b15.2x16.3x1.6x
Fri, 26 Jul 2024R$130.9bR$84.2bR$8.5b13.6x15.5x1.6x
Sun, 23 Jun 2024R$122.1bR$84.2bR$8.5b12.6x14.4x1.4x
Tue, 21 May 2024R$127.1bR$84.4bR$8.5b13.8x15x1.5x
Thu, 18 Apr 2024R$133.1bR$83.1bR$8.3b14.7x16x1.6x
Sat, 16 Mar 2024R$141.6bR$82.6bR$8.3b13.1x17.1x1.7x
Mon, 12 Feb 2024R$143.4bR$81.5bR$7.7b15.7x18.6x1.8x
Wed, 10 Jan 2024R$135.8bR$81.3bR$7.2b18x19x1.7x
Fri, 08 Dec 2023R$141.8bR$81.3bR$7.2b18.7x19.8x1.7x
Sun, 05 Nov 2023R$127.9bR$80.7bR$7.0b20x18.3x1.6x
Tue, 03 Oct 2023R$118.2bR$79.8bR$6.9b19.7x17.1x1.5x
Thu, 31 Aug 2023R$118.4bR$79.8bR$6.9b20.2x17.1x1.5x
Sat, 29 Jul 2023R$116.2bR$79.1bR$6.4b17.1x18.1x1.5x
Mon, 26 Jun 2023R$116.4bR$78.2bR$6.1b17x19.2x1.5x
Wed, 24 May 2023R$113.5bR$78.2bR$6.1b16.6x18.7x1.5x
Fri, 21 Apr 2023R$109.7bR$75.6bR$5.9b16.6x18.7x1.4x
Sun, 19 Mar 2023R$104.6bR$75.3bR$5.7b14.7x18.3x1.4x
Tue, 14 Feb 2023R$101.8bR$74.1bR$7.2b14.7x14.1x1.4x
Thu, 12 Jan 2023R$102.0bR$72.9bR$7.8b13.2x13.1x1.4x
Sat, 10 Dec 2022R$101.5bR$72.9bR$7.8b14.1x13.1x1.4x
Mon, 07 Nov 2022R$111.4bR$71.0bR$8.2b12.8x13.6x1.6x
Wed, 05 Oct 2022R$108.2bR$69.9bR$8.1b14.4x13.4x1.5x
Fri, 02 Sep 2022R$109.2bR$69.8bR$8.1b14.4x13.5x1.6x
Sun, 31 Jul 2022R$115.8bR$67.0bR$9.1b13.8x12.7x1.7x
Price to Earnings Ratio

12.7x


Total Market Cap: R$115.8bTotal Earnings: R$9.1bTotal Revenue: R$67.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Brazilian Telecom Sector Price to Earnings3Y Average 16.2x202320242025
Current Industry PE
  • Investors are relatively neutral on the Brazilian Communication Services 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 16.2x.
  • The 3-year average PS ratio of 1.6x is lower than the industry's current PS ratio of 1.8x.
Past Earnings Growth
  • The earnings for companies in the Communication Services industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 9.9% 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 and as a result, profits have held steady.

Industry Trends

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

BR Market-1.43%
Telecom-3.70%
Media6.74%
Telecom Services and Carriers-3.32%
Wireless Telecom-4.29%
Entertainment-4.29%
Interactive Media and Services-13.51%
Industry PE
  • Investors are most optimistic about the Entertainment industry which is trading above its 3-year average PE ratio of 18.9x.
    • Analysts are expecting annual earnings growth of 11.8%, which is lower than the prior year's growth of 40.9% per year.
Forecasted Growth
  • Analysts are most optimistic on the Interactive Media and Services industry, expecting annual earnings growth of 53% over the next 5 years.
  • In contrast, the Entertainment industry is expected to see its earnings grow by 12% 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
ATED3 Atom Educação E EditoraR$2.055.7%
+R$2.6m
n/an/a
ENJU3 EnjoeiR$1.031.0%
+R$2.1m
-42.8%PS0.8x
SHOW3 T4F EntretenimentoR$6.671.4%
+R$606.7k
-56.1%PS0.3x
DOTZ3 DotzR$5.000.2%
+R$133.2k
-22.7%PS0.4x