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Canadian (TSX) Communications Industry Analysis

UpdatedJun 08, 2025
DataAggregated Company Financials
Companies9
  • 7D0.8%
  • 3M4.1%
  • 1Y-22.7%
  • YTD-16.2%

Over the last 7 days, the Communications industry has remained flat, although notably Sangoma Technologies gained 5.6%. As for the longer term, the industry has declined 23% in the last year. Earnings are forecast to grow by 33% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 08 Jun 2025CA$1.8bCA$1.5bCA$33.2m35.7x53.4x1.2x
Tue, 06 May 2025CA$1.7bCA$1.5bCA$43.6m23.8x39.1x1.1x
Thu, 03 Apr 2025CA$1.6bCA$1.5bCA$43.9m22.8x36.8x1.1x
Sat, 01 Mar 2025CA$1.8bCA$1.5bCA$29.1m25.5x62.3x1.2x
Mon, 27 Jan 2025CA$2.2bCA$1.5bCA$39.0m17.7x55.5x1.4x
Wed, 25 Dec 2024CA$2.1bCA$1.5bCA$39.3m18.8x53.1x1.4x
Fri, 22 Nov 2024CA$2.1bCA$1.5bCA$46.9m21.5x44.1x1.4x
Sun, 20 Oct 2024CA$2.1bCA$1.5bCA$49.8m25.2x42.1x1.4x
Tue, 17 Sep 2024CA$2.1bCA$1.5bCA$18.0m22.8x115.1x1.4x
Thu, 15 Aug 2024CA$2.1bCA$1.5bCA$21.8m22.1x96.6x1.4x
Sat, 13 Jul 2024CA$2.1bCA$1.5bCA$11.8m22.4x180.7x1.4x
Mon, 10 Jun 2024CA$2.3bCA$1.5bCA$13.3m22.3x172.3x1.5x
Wed, 08 May 2024CA$2.1bCA$1.5bCA$7.0m22.8x300.5x1.4x
Fri, 05 Apr 2024CA$2.3bCA$1.5bCA$7.2m30.8x311.7x1.5x
Sun, 03 Mar 2024CA$2.2bCA$1.6bCA$49.6m19.5x43.4x1.3x
Tue, 30 Jan 2024CA$3.7bCA$2.5bCA$9.4m21.3x396.2x1.5x
Thu, 28 Dec 2023CA$3.7bCA$2.5bCA$6.4m23x580.7x1.5x
Sat, 25 Nov 2023CA$3.5bCA$2.5bCA$2.9m22.3x1211.7x1.4x
Mon, 23 Oct 2023CA$3.5bCA$2.5bCA$8.4m19.1x416.1x1.4x
Wed, 20 Sep 2023CA$3.5bCA$2.5b-CA$93,717,356.0024.3x-37.8x1.4x
Fri, 18 Aug 2023CA$3.6bCA$2.5b-CA$109,718,767.0021.3x-32.8x1.4x
Sun, 16 Jul 2023CA$3.6bCA$2.4b-CA$183,303,156.0019.8x-19.9x1.5x
Tue, 13 Jun 2023CA$3.5bCA$2.3b-CA$183,102,216.0016.6x-19.4x1.5x
Thu, 11 May 2023CA$3.6bCA$2.3b-CA$194,483,377.0018.5x-18.4x1.5x
Sat, 08 Apr 2023CA$3.6bCA$2.4b-CA$122,617,790.0023.2x-29x1.5x
Mon, 06 Mar 2023CA$3.6bCA$2.4b-CA$111,725,916.0016.8x-32.6x1.5x
Wed, 01 Feb 2023CA$3.6bCA$2.4b-CA$105,912,565.0016.3x-34.2x1.5x
Fri, 30 Dec 2022CA$3.4bCA$2.4b-CA$107,784,179.0013.2x-31.9x1.4x
Sun, 27 Nov 2022CA$3.4bCA$2.4b-CA$108,283,600.0014.1x-31.7x1.4x
Tue, 25 Oct 2022CA$3.4bCA$2.2b-CA$151,544,161.0011.9x-22.2x1.5x
Thu, 22 Sep 2022CA$3.7bCA$2.2b-CA$16,786,516.0014.5x-218.8x1.7x
Sat, 20 Aug 2022CA$3.8bCA$2.1b-CA$5,463,512.0038.4x-698.1x1.8x
Mon, 18 Jul 2022CA$3.4bCA$2.0b-CA$15,399,692.0035.1x-218.3x1.7x
Wed, 15 Jun 2022CA$3.1bCA$2.0b-CA$21,917,041.0034.2x-142.8x1.6x
Price to Earnings Ratio

-142.8x


Total Market Cap: CA$3.1bTotal Earnings: -CA$21,917,041.00Total Revenue: CA$2.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Communications Industry Price to Earnings3Y Average 78.7x202320242025
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 53.3x which is lower than its 3-year average PE of 78.2x.
  • 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 9.2% 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 Market0.89%
Tech-0.96%
Communications0.81%
Communications Equipment0.81%
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
STC Sangoma TechnologiesCA$8.055.6%
+CA$14.4m		7.2%PS0.8x
ET Evertz TechnologiesCA$12.050.8%
+CA$7.6m		-18.8%PE15.2x
HAI Haivision SystemsCA$4.520.4%
+CA$562.9k		-3.2%PE54.3x
NVI Novra TechnologiesCA$0.08513.3%
+CA$334.2k		70.0%PS0.6x
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Latest News

VCM

CA$10.04

Vecima Networks

7D

-1.1%

1Y

-52.2%

NVI

CA$0.085

Novra Technologies

7D

13.3%

1Y

70.0%

TTZ

CA$0.19

Total Telcom

7D

-11.6%

1Y

-32.1%

HAI

CA$4.52

Haivision Systems

7D

0.4%

1Y

-3.2%

NUR

CA$0.09

Nuran Wireless

7D

-12.2%

1Y

-18.2%

STC

CA$8.05

Sangoma Technologies

7D

5.6%

1Y

7.2%

CMI

CA$0.97

C-Com Satellite Systems

7D

-9.3%

1Y

-17.8%

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CTTT

CA$0.055

Critical Infrastructure Technologies

7D

-15.4%

1Y

n/a

ET

CA$12.05

Evertz Technologies

7D

0.8%

1Y

-18.8%