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Canadian (TSX) Communications Industry Analysis

UpdatedFeb 21, 2025
DataAggregated Company Financials
Companies8
  • 7D-0.3%
  • 3M-8.0%
  • 1Y-9.6%
  • YTD-10.6%

Over the last 7 days, the Communications industry has remained flat, although notably Sangoma Technologies declined by 9.7%. Unfortunately though, the industry is down 9.6% over the past 12 months. Looking forward, earnings are forecast to grow by 34% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 21 Feb 2025CA$1.9bCA$1.5bCA$30.0m25.1x62.6x1.2x
Sun, 19 Jan 2025CA$2.1bCA$1.5bCA$38.6m17.7x54.4x1.4x
Tue, 17 Dec 2024CA$2.1bCA$1.5bCA$39.8m19.1x52.7x1.4x
Thu, 14 Nov 2024CA$2.1bCA$1.5bCA$46.0m23.2x45.5x1.4x
Sat, 12 Oct 2024CA$2.1bCA$1.5bCA$50.4m25.2x41.8x1.4x
Mon, 09 Sep 2024CA$2.2bCA$1.5bCA$22.7m21.2x96.8x1.5x
Wed, 07 Aug 2024CA$2.1bCA$1.5bCA$11.0m21.4x189.6x1.4x
Fri, 05 Jul 2024CA$2.1bCA$1.5bCA$11.9m22.6x173.7x1.4x
Sun, 02 Jun 2024CA$2.3bCA$1.5bCA$14.1m23.4x160.1x1.5x
Tue, 30 Apr 2024CA$2.1bCA$1.5bCA$7.2m22.8x290.1x1.4x
Thu, 28 Mar 2024CA$2.3bCA$1.5bCA$7.2m33x319.5x1.5x
Sat, 24 Feb 2024CA$2.1bCA$1.6bCA$49.8m21.9x42.8x1.3x
Mon, 22 Jan 2024CA$3.7bCA$2.5bCA$9.3m21.2x395.1x1.4x
Wed, 20 Dec 2023CA$3.7bCA$2.5bCA$6.0m23x620.4x1.5x
Fri, 17 Nov 2023CA$3.5bCA$2.5bCA$2.6m21.6x1336.5x1.4x
Sun, 15 Oct 2023CA$3.5bCA$2.5bCA$9.0m24x389.2x1.4x
Tue, 12 Sep 2023CA$3.5bCA$2.5b-CA$100,305,391.0023.8x-35.2x1.4x
Thu, 10 Aug 2023CA$3.6bCA$2.4b-CA$185,438,418.0018.4x-19.5x1.5x
Sat, 08 Jul 2023CA$3.6bCA$2.4b-CA$183,889,042.0018.2x-19.6x1.5x
Mon, 05 Jun 2023CA$3.6bCA$2.3b-CA$184,296,654.0016.2x-19.4x1.5x
Wed, 03 May 2023CA$3.6bCA$2.4b-CA$124,976,949.0023.1x-28.6x1.5x
Fri, 31 Mar 2023CA$3.5bCA$2.4b-CA$122,719,584.0022.4x-28.7x1.4x
Sun, 26 Feb 2023CA$3.6bCA$2.4b-CA$102,946,473.0016x-35.2x1.5x
Tue, 24 Jan 2023CA$3.6bCA$2.4b-CA$105,416,268.0015.4x-34x1.5x
Thu, 22 Dec 2022CA$3.4bCA$2.4b-CA$108,643,643.0013x-31.2x1.4x
Sat, 19 Nov 2022CA$3.3bCA$2.4b-CA$107,835,007.0013.4x-30.8x1.4x
Mon, 17 Oct 2022CA$3.5bCA$2.2b-CA$154,145,336.0012.5x-22.8x1.6x
Wed, 14 Sep 2022CA$3.8bCA$2.1b-CA$7,108,854.0039.7x-538.9x1.8x
Fri, 12 Aug 2022CA$3.8bCA$2.0b-CA$12,543,381.0037x-300.3x1.9x
Sun, 10 Jul 2022CA$3.3bCA$2.0b-CA$14,724,239.0035.1x-225.3x1.7x
Tue, 07 Jun 2022CA$3.3bCA$2.0b-CA$18,712,173.0034.7x-177.3x1.7x
Thu, 05 May 2022CA$3.1bCA$1.7b-CA$97,361,521.0056.3x-31.9x1.8x
Sat, 02 Apr 2022CA$3.3bCA$1.7b-CA$93,756,089.0061.3x-35.4x2x
Mon, 28 Feb 2022CA$3.3bCA$1.6b-CA$128,013,695.0040.1x-25.5x2x
Price to Earnings Ratio

-25.5x


Total Market Cap: CA$3.3bTotal Earnings: -CA$128,013,695.00Total Revenue: CA$1.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Communications Industry Price to Earnings3Y Average 67.8x202320242025
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 62.6x which is lower than its 3-year average PE of 67.8x.
  • The 3-year average PS ratio of 1.5x is higher than the industry's current PS ratio of 1.2x.
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 remained mostly flat. This means that the industry has become more efficient since profits are increasing while sales have been flat.

Industry Trends

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

CA Market-0.52%
Tech-2.56%
Communications-0.33%
Communications Equipment-0.33%
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$11.980.8%
+CA$6.8m		-15.0%PE15.7x
QTRH QuarterhillCA$1.703.0%
+CA$5.8m		-2.3%PS0.9x
HAI Haivision SystemsCA$5.243.6%
+CA$5.1m		13.7%PE31.4x
VCM Vecima NetworksCA$11.201.8%
+CA$4.9m		-34.3%PE32.7x
CMI C-Com Satellite SystemsCA$1.184.4%
+CA$2.1m		-15.7%PE25.1x
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Latest News

HAI

CA$5.24

Haivision Systems

7D

3.6%

1Y

13.7%

VCM

CA$11.20

Vecima Networks

7D

1.8%

1Y

-34.3%

Vecima Networks (TSE:VCM) Has Affirmed Its Dividend Of CA$0.055

Feb 16
Vecima Networks (TSE:VCM) Has Affirmed Its Dividend Of CA$0.055

ET

CA$11.98

Evertz Technologies

7D

0.8%

1Y

-15.0%

What Evertz Technologies Limited's (TSE:ET) P/E Is Not Telling You

Feb 12
What Evertz Technologies Limited's (TSE:ET) P/E Is Not Telling You

DCSI

CA$3.85

Direct Communication Solutions

7D

1.3%

1Y

285.0%

STC

CA$8.06

Sangoma Technologies

7D

-9.7%

1Y

54.4%

TTZ

CA$0.20

Total Telcom

7D

-4.8%

1Y

-45.2%

VTI

CA$0.095

Valdor Technology International

7D

-5.0%

1Y

n/a

CMI

CA$1.18

C-Com Satellite Systems

7D

4.4%

1Y

-15.7%

YFI

CA$0.065

Edgewater Wireless Systems

7D

-13.3%

1Y

44.4%

QTRH

CA$1.70

Quarterhill

7D

3.0%

1Y

-2.3%

NVI

CA$0.075

Novra Technologies

7D

-16.7%

1Y

87.5%