Investing IdeasBrowse All StocksMarkets

Have your own idea? Try our Stock Screener

Header cover image

Canadian (TSX) Communications Industry Analysis

UpdatedApr 20, 2025
DataAggregated Company Financials
Companies9
  • 7D0.6%
  • 3M-23.9%
  • 1Y-27.6%
  • YTD-24.8%

Over the last 7 days, the Communications industry has remained flat. As for the longer term, the industry has declined 28% in the last year. Looking forward, earnings are forecast to grow by 23% annually.

Industry Valuation and Performance

Has the Canadian Communications Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 20 Apr 2025CA$1.6bCA$1.5bCA$43.5m22.1x36.5x1.1x
Tue, 18 Mar 2025CA$1.7bCA$1.5bCA$46.2m25.5x37.2x1.1x
Thu, 13 Feb 2025CA$1.9bCA$1.5bCA$41.1m15.3x45.3x1.2x
Sat, 11 Jan 2025CA$2.1bCA$1.5bCA$39.2m19x53.8x1.4x
Mon, 09 Dec 2024CA$2.1bCA$1.5bCA$46.4m21.5x45.8x1.4x
Wed, 06 Nov 2024CA$2.1bCA$1.5bCA$49.7m23.2x42.3x1.4x
Fri, 04 Oct 2024CA$2.1bCA$1.5bCA$51.0m23.5x40.2x1.4x
Sun, 01 Sep 2024CA$2.2bCA$1.5bCA$23.2m21.9x94.5x1.5x
Tue, 30 Jul 2024CA$2.2bCA$1.5bCA$10.6m21.5x206.6x1.4x
Thu, 27 Jun 2024CA$2.1bCA$1.5bCA$11.4m23.4x184.3x1.4x
Sat, 25 May 2024CA$2.3bCA$1.5bCA$13.8m22.1x162.8x1.5x
Mon, 22 Apr 2024CA$2.2bCA$1.5bCA$7.0m23x312.4x1.4x
Wed, 20 Mar 2024CA$2.3bCA$1.5bCA$5.5m25.8x415.4x1.5x
Fri, 16 Feb 2024CA$2.2bCA$1.6bCA$49.9m21.6x43.1x1.4x
Sun, 14 Jan 2024CA$3.7bCA$2.5bCA$5.7m22.4x646.7x1.5x
Tue, 12 Dec 2023CA$3.7bCA$2.6bCA$5.2m22.2x698.4x1.4x
Thu, 09 Nov 2023CA$3.5bCA$2.5bCA$8.2m18.6x429.4x1.4x
Sat, 07 Oct 2023CA$3.5bCA$2.5bCA$8.9m22.9x397.1x1.4x
Mon, 04 Sep 2023CA$3.6bCA$2.5b-CA$100,541,191.0023.7x-35.7x1.4x
Wed, 02 Aug 2023CA$3.7bCA$2.4b-CA$184,005,627.0019.1x-20.2x1.6x
Fri, 30 Jun 2023CA$3.6bCA$2.4b-CA$183,543,847.0017.2x-19.9x1.5x
Sun, 28 May 2023CA$3.6bCA$2.4b-CA$186,413,213.0018x-19.1x1.5x
Tue, 25 Apr 2023CA$3.6bCA$2.4b-CA$124,031,054.0023.1x-28.7x1.5x
Thu, 23 Mar 2023CA$3.5bCA$2.4b-CA$124,948,934.0022x-27.7x1.4x
Sat, 18 Feb 2023CA$3.7bCA$2.4b-CA$101,508,369.0017.2x-36.6x1.5x
Mon, 16 Jan 2023CA$3.6bCA$2.4b-CA$105,616,259.0014.2x-34x1.5x
Wed, 14 Dec 2022CA$3.5bCA$2.4b-CA$107,986,125.0013.4x-32.4x1.5x
Fri, 11 Nov 2022CA$3.3bCA$2.2b-CA$145,974,960.0012.5x-22.8x1.5x
Sun, 09 Oct 2022CA$3.5bCA$2.2b-CA$151,093,856.0012.7x-23.1x1.6x
Tue, 06 Sep 2022CA$3.8bCA$2.1b-CA$5,753,484.0041x-668.9x1.8x
Thu, 04 Aug 2022CA$3.7bCA$2.0b-CA$13,586,079.0035.7x-272.9x1.8x
Sat, 02 Jul 2022CA$3.3bCA$2.0b-CA$14,436,762.0035.2x-226.5x1.6x
Mon, 30 May 2022CA$3.2bCA$2.0b-CA$20,513,183.0034.5x-157.2x1.6x
Wed, 27 Apr 2022CA$3.1bCA$1.7b-CA$97,592,048.0057x-31.8x1.8x
Price to Earnings Ratio

-31.8x


Total Market Cap: CA$3.1bTotal Earnings: -CA$97,592,048.00Total Revenue: CA$1.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Communications Industry Price to Earnings3Y Average 71.9x202320242025
Current Industry PE
  • Investors are pessimistic on the Canadian Communications 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 36.5x which is lower than its 3-year average PE of 71.9x.
  • The 3-year average PS ratio of 1.5x is higher than the industry's current PS ratio of 1.1x.
Past Earnings Growth
  • Total earnings for the Communications industry have gone up over the last three years and the industry is now profitable.
  • Revenues have declined 3.6% per year.
  • This means that less sales are being generated overall, but since the cost of doing business is lower, profits have been increasing.

Industry Trends

Which industries have driven the changes within the Canadian Tech industry?

CA Market2.87%
Tech3.25%
Communications0.64%
Communications Equipment0.64%
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?

CompanyLast Price7D1YValuation
ET Evertz TechnologiesCA$10.531.4%
+CA$11.4m		-22.6%PE13.3x
CMI C-Com Satellite SystemsCA$1.047.2%
+CA$3.0m		-14.8%PS7.4x
VCM Vecima NetworksCA$9.701.1%
+CA$2.7m		-56.0%PE28.4x
STC Sangoma TechnologiesCA$6.500.3%
+CA$671.9k		4.7%PS0.7x
NUR Nuran WirelessCA$0.086.7%
+CA$333.5k		-27.3%PS1.1x
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
Download on the App StoreGet it on Google Play
Popular Markets
USAUUKINCAZA
About UsCareersPlans & PricingLogin
Help CenterLatest CoveragePodcastsAffiliate ProgramBusiness & EnterpriseWhat's New
Financial Services GuideTerms and ConditionsPrivacy Policy
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

CMI

CA$1.04

C-Com Satellite Systems

7D

7.2%

1Y

-14.8%

YTY

CA$0.025

Wi2Wi

7D

-28.6%

1Y

-16.7%

NUR

CA$0.08

Nuran Wireless

7D

6.7%

1Y

-27.3%

ET

CA$10.53

Evertz Technologies

7D

1.4%

1Y

-22.6%

VCM

CA$9.70

Vecima Networks

7D

1.1%

1Y

-56.0%

Investors Will Want Vecima Networks' (TSE:VCM) Growth In ROCE To Persist

Apr 09
Investors Will Want Vecima Networks' (TSE:VCM) Growth In ROCE To Persist

QTRH

CA$1.31

Quarterhill

7D

-3.0%

1Y

-21.6%

author-image

Resolving Tolling Challenges And Advancing European Software Will Transform Operations

Apr 05 Strategic focus on resolving legacy issues and software development aims to enhance margins and drive revenue growth through proprietary offerings.

HAI

CA$4.03

Haivision Systems

7D

-1.2%

1Y

-15.2%

YFI

CA$0.07

Edgewater Wireless Systems

7D

-6.7%

1Y

133.3%

TTZ

CA$0.18

Total Telcom

7D

2.8%

1Y

-42.2%

STC

CA$6.50

Sangoma Technologies

7D

0.3%

1Y

4.7%

More Unpleasant Surprises Could Be In Store For Sangoma Technologies Corporation's (TSE:STC) Shares After Tumbling 27%

Feb 26
More Unpleasant Surprises Could Be In Store For Sangoma Technologies Corporation's (TSE:STC) Shares After Tumbling 27%

DCSI

CA$3.11

Direct Communication Solutions

7D

2.0%

1Y

245.6%

KUR.H

CA$0.04

Kure Technologies

7D

-60.0%

1Y

33.3%

VTI

CA$0.04

Valdor Technology International

7D

-20.0%

1Y

n/a

NVI

CA$0.07

Novra Technologies

7D

-6.7%

1Y

75.0%