Header cover image

Canadian (TSX) Communications Industry Analysis

UpdatedMar 28, 2024
DataAggregated Company Financials
Companies8
  • 7D1.7%
  • 3M14.4%
  • 1Y24.6%
  • YTD15.7%

The Communications industry has stayed flat over the last week. The past year has been better, since the industry has gained 24% in that time. Looking forward, earnings are forecast to grow by 50% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
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
Wed, 26 Jan 2022CA$3.1bCA$1.5b-CA$138,645,385.0018.4x-22.4x2x
Fri, 24 Dec 2021CA$3.3bCA$1.6b-CA$135,989,416.0019.3x-24.3x2.1x
Sun, 21 Nov 2021CA$3.5bCA$1.5b-CA$130,423,737.0018.4x-26.7x2.3x
Tue, 19 Oct 2021CA$4.0bCA$1.9b-CA$77,521,155.0055.6x-51.3x2.1x
Thu, 16 Sep 2021CA$3.4bCA$1.5b-CA$63,310,805.0256.9x-54x2.2x
Sat, 14 Aug 2021CA$3.3bCA$1.5b-CA$77,113,060.2562.6x-43.1x2.2x
Wed, 09 Jun 2021CA$3.4bCA$1.5b-CA$85,507,985.3056x-40.1x2.3x
Price to Earnings Ratio

-46.3x


Total Market Cap: CA$3.5bTotal Earnings: -CA$75,587,385.30Total Revenue: CA$1.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Communications Industry Price to Earnings3Y Average 17.1x202220232024
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 320x which is higher than its 3-year average PE of 16.8x.
  • The 3-year average PS ratio of 1.8x is higher than the industry's current PS ratio of 1.5x.
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 Market0.43%
Tech-1.00%
Communications1.75%
Communications Equipment1.75%
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$15.122.0%
+CA$22.8m
42.6%PE15.4x
CMI C-Com Satellite SystemsCA$1.4116.5%
+CA$8.4m
41.0%PE35.6x
VCM Vecima NetworksCA$20.201.5%
+CA$7.1m
-8.8%PE33x
STC Sangoma TechnologiesCA$6.521.1%
+CA$2.3m
41.1%PS0.6x
TTZ Total TelcomCA$0.349.7%
+CA$792.7k
54.5%PE20.9x
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.