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Canadian (TSX) Communications Industry Analysis

UpdatedMar 17, 2024
DataAggregated Company Financials
Companies8
  • 7D4.9%
  • 3M12.7%
  • 1Y20.7%
  • YTD15.3%

The Communications industry is up 4.9% in the last week, with Evertz Technologies up 4.4%. During this same period, the Edgewater Wireless Systems underperformed, falling 10.0%. In the last 12 months, the industry was up 21%. As for the next few years, earnings are expected to grow by 39% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 17 Mar 2024CA$2.3bCA$1.5bCA$5.5m25.5x411.9x1.5x
Tue, 13 Feb 2024CA$2.1bCA$1.6bCA$54.5m19.8x38.9x1.3x
Thu, 11 Jan 2024CA$3.7bCA$2.5bCA$5.8m22.4x638.6x1.5x
Sat, 09 Dec 2023CA$3.6bCA$2.6bCA$5.2m22.2x696.9x1.4x
Mon, 06 Nov 2023CA$3.5bCA$2.5bCA$8.5m18.7x414x1.4x
Wed, 04 Oct 2023CA$3.6bCA$2.5bCA$8.9m22.7x401x1.4x
Fri, 01 Sep 2023CA$3.6bCA$2.5b-CA$109,616,965.0024.2x-32.8x1.4x
Sun, 30 Jul 2023CA$3.7bCA$2.4b-CA$183,442,028.0018.7x-20.1x1.6x
Tue, 27 Jun 2023CA$3.6bCA$2.4b-CA$182,538,649.0017.5x-19.6x1.5x
Thu, 25 May 2023CA$3.6bCA$2.4b-CA$186,255,453.0017.8x-19.1x1.5x
Sat, 22 Apr 2023CA$3.6bCA$2.4b-CA$124,037,697.0023.1x-28.8x1.5x
Mon, 20 Mar 2023CA$3.5bCA$2.4b-CA$114,229,837.0015.7x-31x1.5x
Wed, 15 Feb 2023CA$3.7bCA$2.4b-CA$99,941,550.0016.3x-36.9x1.5x
Fri, 13 Jan 2023CA$3.6bCA$2.4b-CA$105,293,909.0013.8x-34.1x1.5x
Sun, 11 Dec 2022CA$3.5bCA$2.4b-CA$108,912,094.0012.8x-31.9x1.4x
Tue, 08 Nov 2022CA$3.3bCA$2.2b-CA$147,864,442.0012.2x-22.5x1.5x
Thu, 06 Oct 2022CA$3.5bCA$2.2b-CA$150,888,119.0013.3x-23.4x1.6x
Sat, 03 Sep 2022CA$3.8bCA$2.1b-CA$5,480,324.0041x-702.2x1.8x
Mon, 01 Aug 2022CA$3.4bCA$2.0b-CA$13,081,660.0035.4x-263.6x1.7x
Wed, 29 Jun 2022CA$3.3bCA$2.0b-CA$14,206,054.0035.8x-234.3x1.7x
Fri, 27 May 2022CA$3.1bCA$2.0b-CA$21,257,001.0033.8x-146.5x1.6x
Sun, 24 Apr 2022CA$3.2bCA$1.7b-CA$96,596,148.0060.8x-33.6x1.9x
Tue, 22 Mar 2022CA$3.5bCA$1.6b-CA$103,826,009.0059.5x-33.2x2.1x
Thu, 17 Feb 2022CA$3.2bCA$1.6b-CA$126,792,653.0040.7x-24.9x2x
Sat, 15 Jan 2022CA$3.3bCA$1.5b-CA$137,850,045.0019x-24x2.2x
Mon, 13 Dec 2021CA$3.3bCA$1.5b-CA$135,055,797.0019.3x-24.4x2.1x
Wed, 10 Nov 2021CA$6.7bCA$1.6b-CA$70,296,445.0070.7x-95.8x4.3x
Fri, 08 Oct 2021CA$3.9bCA$1.9b-CA$78,869,975.0057.8x-50x2x
Sun, 05 Sep 2021CA$3.4bCA$1.5b-CA$77,207,349.0257.4x-43.7x2.2x
Tue, 03 Aug 2021CA$3.5bCA$1.5b-CA$77,207,349.0258.6x-45.1x2.3x
Fri, 07 May 2021CA$3.6bCA$1.5b-CA$85,755,714.3058.1x-41.6x2.4x
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 13.2x202220232024
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 412x which is higher than its 3-year average PE of 13.2x.
  • 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 Market0.45%
Tech-1.25%
Communications4.87%
Communications Equipment4.87%
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$14.934.4%
+CA$47.9m
44.0%PE15.2x
VCM Vecima NetworksCA$19.608.5%
+CA$37.2m
-12.1%PE32x
QTRH QuarterhillCA$1.956.6%
+CA$13.8m
6.6%PS1.2x
STC Sangoma TechnologiesCA$6.371.9%
+CA$4.0m
31.6%PS0.6x
CMI C-Com Satellite SystemsCA$1.442.9%
+CA$1.7m
23.1%PS8.2x
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Latest News

QTRH

CA$1.95

Quarterhill

7D

6.6%

1Y

6.6%

ET

CA$14.93

Evertz Technologies

7D

4.4%

1Y

44.0%

HAI

CA$5.40

Haivision Systems

7D

0.9%

1Y

23.6%

KUR.H

CA$0.04

Kure Technologies

7D

33.3%

1Y

n/a

TTZ

CA$0.31

Total Telcom

7D

-3.1%

1Y

34.8%

YFI

CA$0.045

Edgewater Wireless Systems

7D

-10.0%

1Y

-18.2%

CMI

CA$1.44

C-Com Satellite Systems

7D

2.9%

1Y

23.1%