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Canadian (TSX) Communications Industry Analysis

UpdatedJan 12, 2026
DataAggregated Company Financials
Companies9
  • 7D-1.5%
  • 3M-3.1%
  • 1Y-12.0%
  • YTD-2.5%

Over the last 7 days, the Communications industry has dropped 2.5%, driven by a pullback from Evertz Technologies of 2.2%. In contrast, Enablence Technologies has gained 7.7%. The industry has fallen 13% in the last year. Looking forward, earnings are forecast to grow by 25% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 12 Jan 2026CA$1.9bCA$1.5bCA$3.6m17x520.4x1.3x
Wed, 10 Dec 2025CA$1.9bCA$1.5bCA$1.0m15.9x1774.5x1.3x
Fri, 07 Nov 2025CA$1.8bCA$1.5bCA$3.3m17.4x559x1.2x
Sun, 05 Oct 2025CA$1.8bCA$1.5bCA$5.3m15.8x342.9x1.2x
Tue, 02 Sep 2025CA$1.8bCA$1.5bCA$22.8m17.6x77x1.2x
Thu, 31 Jul 2025CA$1.8bCA$1.5bCA$28.6m16.7x62.3x1.2x
Sat, 28 Jun 2025CA$1.8bCA$1.5bCA$29.1m19.4x60.8x1.2x
Mon, 26 May 2025CA$1.7bCA$1.5bCA$33.1m33.7x52.7x1.2x
Wed, 23 Apr 2025CA$1.6bCA$1.5bCA$43.6m20.9x35.9x1x
Fri, 21 Mar 2025CA$1.7bCA$1.5bCA$46.2m25.1x37x1.1x
Sun, 16 Feb 2025CA$1.9bCA$1.5bCA$30.0m25.1x63.3x1.2x
Tue, 14 Jan 2025CA$2.1bCA$1.5bCA$39.3m19x53.5x1.4x
Thu, 12 Dec 2024CA$2.1bCA$1.5bCA$40.0m20.8x52.8x1.4x
Sat, 09 Nov 2024CA$2.2bCA$1.5bCA$50.2m24.3x42.8x1.4x
Mon, 07 Oct 2024CA$2.1bCA$1.5bCA$51.0m23.8x40.6x1.4x
Wed, 04 Sep 2024CA$2.2bCA$1.5bCA$22.8m21.4x96.1x1.5x
Fri, 02 Aug 2024CA$2.2bCA$1.5bCA$10.4m22.7x207x1.4x
Sun, 30 Jun 2024CA$2.1bCA$1.5bCA$11.5m23x181.4x1.4x
Tue, 28 May 2024CA$2.2bCA$1.5bCA$14.0m22.1x159.1x1.5x
Thu, 25 Apr 2024CA$2.1bCA$1.5bCA$7.1m23x300.9x1.4x
Sat, 23 Mar 2024CA$2.3bCA$1.5bCA$5.3m26.2x426.2x1.5x
Mon, 19 Feb 2024CA$2.1bCA$1.6bCA$49.8m21.2x43.1x1.3x
Wed, 17 Jan 2024CA$3.7bCA$2.5bCA$5.5m22x681.7x1.5x
Fri, 15 Dec 2023CA$3.7bCA$2.5bCA$5.8m22.5x648.3x1.5x
Sun, 12 Nov 2023CA$3.5bCA$2.5bCA$7.2m17x478.2x1.4x
Tue, 10 Oct 2023CA$3.5bCA$2.5bCA$8.9m22.9x396.9x1.4x
Thu, 07 Sep 2023CA$3.6bCA$2.5b-CA$100,931,536.0023.7x-35.2x1.4x
Sat, 05 Aug 2023CA$3.7bCA$2.4b-CA$185,020,773.0019.2x-19.7x1.5x
Mon, 03 Jul 2023CA$3.7bCA$2.4b-CA$183,544,246.0017.1x-20x1.6x
Wed, 31 May 2023CA$3.6bCA$2.4b-CA$186,034,763.0017.6x-19.1x1.5x
Fri, 28 Apr 2023CA$3.6bCA$2.4b-CA$124,669,426.0023.1x-28.9x1.5x
Sun, 26 Mar 2023CA$3.5bCA$2.4b-CA$125,055,908.0022.1x-28.1x1.4x
Tue, 21 Feb 2023CA$3.7bCA$2.4b-CA$101,508,369.0017.2x-36.6x1.5x
Thu, 19 Jan 2023CA$3.6bCA$2.4b-CA$106,817,281.0014.2x-33.5x1.5x
Price to Earnings Ratio

-33.5x


Total Market Cap: CA$3.6bTotal Earnings: -CA$106,817,281.00Total Revenue: CA$2.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Communications Industry Price to Earnings3Y Average 218.4x202420252026
Current Industry PE
  • Investors are optimistic on the Canadian Communications industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 520x which is higher than its 3-year average PE of 218x.
  • The industry is trading close to its 3-year average PS ratio of 1.4x.
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 15% 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 Market1.46%
Tech2.50%
Communications-1.51%
Communications Equipment-1.51%
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
ENA Enablence TechnologiesCA$1.957.7%
+CA$2.9m		-2.5%PS5.3x
HAI Haivision SystemsCA$5.461.3%
+CA$1.9m		4.0%PS1.2x
YFI Edgewater Wireless SystemsCA$0.0511.1%
+CA$1.2m		-28.6%PE-5.5x
IMI Ironman InternationalCA$0.134.0%
+CA$863.4k		n/aPS3.7x
VTI Valdor Technology InternationalCA$0.01550.0%
+CA$727.7k		n/aPS2.8x

Latest News

QTRH
CA$0.93
Quarterhill
7D
-1.1%
1Y
-41.9%
YFI
CA$0.05
Edgewater Wireless Systems
7D
11.1%
1Y
-28.6%
VCM
CA$10.00
Vecima Networks
7D
-2.8%
1Y
-35.4%
ET
CA$13.63
Evertz Technologies
7D
-1.3%
1Y
10.1%
HAI
CA$5.46
Haivision Systems
7D
1.3%
1Y
4.0%
CTTT
CA$0.66
Critical Infrastructure Technologies
7D
-4.3%
1Y
n/a
NVI
CA$0.06
Novra Technologies
7D
-7.7%
1Y
0%
VTI
CA$0.015
Valdor Technology International
7D
50.0%
1Y
n/a
NUR
CA$2.48
Nuran Wireless
7D
-0.8%
1Y
-89.0%
STC
CA$6.65
Sangoma Technologies
7D
-2.3%
1Y
-33.9%
ENA
CA$1.95
Enablence Technologies
7D
7.7%
1Y
-2.5%
IMI
CA$0.13
Ironman International
7D
4.0%
1Y
n/a