Canadian (TSX) Communications Industry Analysis
UpdatedNov 30, 2023
DataAggregated Company Financials
Companies14
- 7D-0.05%
- 3M-3.9%
- 1Y25.2%
- YTD-1.8%
Last week, the Communications industry hasn't moved much but Sangoma Technologies is up 6.1% in that time. The past year has been better, since the industry has gained 25% in that time. As for the next few years, earnings are expected to grow by 112% per annum.
Industry Valuation and Performance
Has the Canadian Communications Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 30 Nov 2023 | CA$3.5b | CA$2.5b | CA$3.0m | 21.6x | 1157.3x | 1.4x |
| Sat, 28 Oct 2023 | CA$3.5b | CA$2.6b | CA$7.9m | 17.2x | 439.5x | 1.4x |
| Mon, 25 Sep 2023 | CA$3.5b | CA$2.5b | -CA$92,511,161.00 | 24.1x | -38.2x | 1.4x |
| Wed, 23 Aug 2023 | CA$3.5b | CA$2.5b | -CA$110,087,806.00 | 21.6x | -32.2x | 1.4x |
| Fri, 21 Jul 2023 | CA$3.6b | CA$2.4b | -CA$182,782,592.00 | 19.3x | -19.9x | 1.5x |
| Sun, 18 Jun 2023 | CA$3.5b | CA$2.3b | -CA$182,510,091.00 | 17x | -19.3x | 1.5x |
| Tue, 16 May 2023 | CA$3.6b | CA$2.3b | -CA$184,862,267.00 | 17.8x | -19.6x | 1.5x |
| Thu, 13 Apr 2023 | CA$3.6b | CA$2.4b | -CA$121,800,840.00 | 22.3x | -29.2x | 1.5x |
| Sat, 11 Mar 2023 | CA$3.7b | CA$2.4b | -CA$114,388,453.00 | 16.4x | -32x | 1.5x |
| Mon, 06 Feb 2023 | CA$3.7b | CA$2.4b | -CA$106,985,667.00 | 17x | -34.7x | 1.6x |
| Wed, 04 Jan 2023 | CA$3.5b | CA$2.4b | -CA$109,542,104.00 | 13.6x | -31.7x | 1.4x |
| Fri, 02 Dec 2022 | CA$3.4b | CA$2.4b | -CA$109,025,830.00 | 13.2x | -31.6x | 1.5x |
| Sun, 30 Oct 2022 | CA$3.5b | CA$2.2b | -CA$150,101,526.00 | 13.1x | -23.1x | 1.6x |
| Tue, 27 Sep 2022 | CA$3.6b | CA$2.2b | -CA$16,713,292.00 | 13.6x | -215.4x | 1.6x |
| Thu, 25 Aug 2022 | CA$3.9b | CA$2.1b | -CA$5,300,411.00 | 39.8x | -729.2x | 1.8x |
| Sat, 23 Jul 2022 | CA$3.4b | CA$2.0b | -CA$13,730,199.00 | 34.4x | -244.8x | 1.7x |
| Mon, 20 Jun 2022 | CA$3.1b | CA$2.0b | -CA$24,732,346.00 | 36.2x | -123.8x | 1.5x |
| Wed, 18 May 2022 | CA$3.3b | CA$2.0b | -CA$21,319,698.00 | 36.6x | -153.5x | 1.7x |
| Fri, 15 Apr 2022 | CA$3.3b | CA$1.7b | -CA$94,868,083.00 | 53.3x | -34.3x | 2x |
| Sun, 13 Mar 2022 | CA$3.4b | CA$1.7b | -CA$116,863,463.00 | 37.5x | -28.8x | 2x |
| Tue, 08 Feb 2022 | CA$3.1b | CA$1.5b | -CA$125,935,801.00 | 19.1x | -24.7x | 2x |
| Thu, 06 Jan 2022 | CA$3.4b | CA$1.5b | -CA$139,341,546.00 | 19.5x | -24.3x | 2.2x |
| Sat, 04 Dec 2021 | CA$3.3b | CA$1.5b | -CA$131,927,313.00 | 17.8x | -25.1x | 2.1x |
| Mon, 01 Nov 2021 | CA$4.0b | CA$1.9b | -CA$77,766,538.00 | 70.4x | -51.7x | 2.1x |
| Wed, 29 Sep 2021 | CA$3.9b | CA$1.9b | -CA$70,450,690.00 | 58.3x | -55.1x | 2x |
| Fri, 27 Aug 2021 | CA$3.4b | CA$1.5b | -CA$77,207,349.02 | 62.7x | -44.6x | 2.3x |
| Sat, 03 Jul 2021 | CA$3.5b | CA$1.5b | -CA$77,207,349.02 | 57.5x | -45.9x | 2.4x |
| Tue, 06 Apr 2021 | CA$3.5b | CA$1.5b | -CA$75,587,385.30 | 58x | -46.3x | 2.4x |
| Fri, 08 Jan 2021 | CA$3.2b | CA$1.5b | -CA$31,404,185.46 | 43.7x | -101.3x | 2.1x |
Price to Earnings Ratio
-141.2x
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 1kx which is higher than its 3-year average PE of -35.9x.
- The 3-year average PS ratio of 1.8x is higher than the industry's current 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 grown 15% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Trends
Which industries have driven the changes within the Canadian Tech industry?
| CA Market | -0.11% | |
| Tech | 0.51% | |
| Communications | -0.051% | |
| Communications Equipment | -0.051% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| STC Sangoma Technologies | CA$4.01 | 6.1% +CA$7.6m | -32.5% | PS0.4x | |
| ET Evertz Technologies | CA$12.17 | 0.7% +CA$6.8m | -0.7% | PE14.1x | |
| CMI C-Com Satellite Systems | CA$0.92 | 3.4% +CA$1.3m | -43.6% | PS5.3x | |
| NVI Novra Technologies | CA$0.065 | 8.3% +CA$167.1k | -13.3% | PS0.3x |