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Canadian (TSX) Communications Industry Analysis

UpdatedJul 09, 2025
DataAggregated Company Financials
Companies9
  • 7D0.1%
  • 3M14.3%
  • 1Y-13.3%
  • YTD-14.4%

Last week, the Communications industry hasn't moved much but Vecima Networks is up 4.7% in that time. Unfortunately though, the industry is down 14% over the past 12 months. Earnings are forecast to grow by 48% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 09 Jul 2025CA$1.8bCA$1.5bCA$29.1m19.4x61.8x1.2x
Fri, 06 Jun 2025CA$1.8bCA$1.5bCA$33.3m35.4x53.5x1.2x
Sun, 04 May 2025CA$1.7bCA$1.5bCA$43.6m23.1x39.1x1.1x
Tue, 01 Apr 2025CA$1.6bCA$1.5bCA$43.8m22.2x36.5x1x
Thu, 27 Feb 2025CA$1.8bCA$1.5bCA$29.5m24.9x62x1.2x
Sat, 25 Jan 2025CA$2.1bCA$1.5bCA$39.0m17.7x55.1x1.4x
Mon, 23 Dec 2024CA$2.1bCA$1.5bCA$39.4m18.8x52.8x1.3x
Wed, 20 Nov 2024CA$2.1bCA$1.5bCA$46.9m20.3x44x1.3x
Fri, 18 Oct 2024CA$2.1bCA$1.5bCA$49.8m25.3x42.5x1.4x
Sun, 15 Sep 2024CA$2.1bCA$1.5bCA$18.0m22.7x117x1.4x
Tue, 13 Aug 2024CA$2.1bCA$1.5bCA$11.2m22.1x187.8x1.4x
Thu, 11 Jul 2024CA$2.1bCA$1.5bCA$11.9m21.9x178.2x1.4x
Sat, 08 Jun 2024CA$2.3bCA$1.5bCA$13.3m22.3x171.3x1.5x
Mon, 06 May 2024CA$2.1bCA$1.5bCA$7.2m22.8x294.8x1.4x
Wed, 03 Apr 2024CA$2.3bCA$1.5bCA$7.2m33.3x318.1x1.5x
Fri, 01 Mar 2024CA$2.1bCA$1.6bCA$49.6m19.6x43.2x1.3x
Sun, 28 Jan 2024CA$3.7bCA$2.5bCA$9.3m21.4x400.8x1.5x
Tue, 26 Dec 2023CA$3.7bCA$2.5bCA$6.2m23.3x600.3x1.5x
Thu, 23 Nov 2023CA$3.5bCA$2.5bCA$2.7m21.6x1294.3x1.4x
Sat, 21 Oct 2023CA$3.5bCA$2.5bCA$8.4m19.1x416.1x1.4x
Mon, 18 Sep 2023CA$3.6bCA$2.5b-CA$94,601,360.0024.7x-37.6x1.4x
Wed, 16 Aug 2023CA$3.6bCA$2.5b-CA$109,434,004.0020.3x-32.8x1.4x
Fri, 14 Jul 2023CA$3.6bCA$2.4b-CA$182,104,054.0019.7x-20x1.5x
Sun, 11 Jun 2023CA$3.6bCA$2.3b-CA$182,910,719.0017.1x-19.4x1.5x
Tue, 09 May 2023CA$3.6bCA$2.4b-CA$122,196,136.0022.8x-29.6x1.5x
Thu, 06 Apr 2023CA$3.6bCA$2.4b-CA$121,922,446.0023x-29.1x1.5x
Sat, 04 Mar 2023CA$3.6bCA$2.4b-CA$111,725,916.0016.8x-32.6x1.5x
Mon, 30 Jan 2023CA$3.6bCA$2.4b-CA$105,974,319.0016.7x-33.9x1.5x
Wed, 28 Dec 2022CA$3.4bCA$2.4b-CA$108,359,876.0013.3x-31.7x1.4x
Fri, 25 Nov 2022CA$3.4bCA$2.4b-CA$107,224,822.0014x-31.6x1.4x
Sun, 23 Oct 2022CA$3.4bCA$2.2b-CA$151,419,129.0011.9x-22.3x1.5x
Tue, 20 Sep 2022CA$3.7bCA$2.2b-CA$16,008,804.0014.9x-230.9x1.7x
Thu, 18 Aug 2022CA$3.8bCA$2.1b-CA$4,952,330.0038.4x-769.6x1.8x
Sat, 16 Jul 2022CA$3.4bCA$2.0b-CA$15,399,692.0035.1x-219.4x1.7x
Price to Earnings Ratio

-219.4x


Total Market Cap: CA$3.4bTotal Earnings: -CA$15,399,692.00Total Revenue: CA$2.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Communications Industry Price to Earnings3Y Average 85.3x202320242025
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 62.4x which is lower than its 3-year average PE of 85.3x.
  • The 3-year average PS ratio of 1.4x 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 declined 9.8% 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 Market0.41%
Tech0.46%
Communications0.12%
Communications Equipment0.12%
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
VCM Vecima NetworksCA$9.654.7%
+CA$10.5m		-54.0%PE63.4x
HAI Haivision SystemsCA$5.255.0%
+CA$6.9m		19.3%PS1.2x
STC Sangoma TechnologiesCA$8.612.0%
+CA$5.7m		33.1%PS0.9x
CMI C-Com Satellite SystemsCA$1.003.1%
+CA$1.3m		-13.8%PS7.1x
CTTT Critical Infrastructure TechnologiesCA$0.0620.0%
+CA$833.8k		n/an/a

Latest News

DCSI
CA$3.10
Direct Communication Solutions
7D
3.3%
1Y
54.2%
QTRH
CA$1.38
Quarterhill
7D
-2.1%
1Y
-21.1%
VTI
CA$0.04
Valdor Technology International
7D
14.3%
1Y
n/a
ET
CA$12.16
Evertz Technologies
7D
-1.9%
1Y
-5.0%
HAI
CA$5.25
Haivision Systems
7D
5.0%
1Y
19.3%
VCM
CA$9.65
Vecima Networks
7D
4.7%
1Y
-54.0%
NVI
CA$0.08
Novra Technologies
7D
-11.1%
1Y
77.8%
ENA
CA$1.00
Enablence Technologies
7D
-9.1%
1Y
-34.6%
YTY
CA$0.02
Wi2Wi
7D
-20.0%
1Y
-20.0%
STC
CA$8.61
Sangoma Technologies
7D
2.0%
1Y
33.1%
CMI
CA$1.00
C-Com Satellite Systems
7D
3.1%
1Y
-13.8%

Should Shareholders Reconsider C-Com Satellite Systems Inc.'s (CVE:CMI) CEO Compensation Package?

May 01
Should Shareholders Reconsider C-Com Satellite Systems Inc.'s (CVE:CMI) CEO Compensation Package?
CTTT
CA$0.06
Critical Infrastructure Technologies
7D
20.0%
1Y
n/a