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Canadian (TSX) Communications Industry Analysis

UpdatedFeb 27, 2026
DataAggregated Company Financials
Companies9
  • 7D0.6%
  • 3M17.0%
  • 1Y19.0%
  • YTD14.6%

In the last week, the Communications industry is flat overall, with Critical Infrastructure Technologies standing out by going down 14%. As for the the longer term, the industry is up 19% over the past 12 months. As for the next few years, earnings are expected to grow by 25% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 27 Feb 2026CA$2.2bCA$1.5bCA$13.4m23.9x164.9x1.5x
Sun, 25 Jan 2026CA$2.0bCA$1.5bCA$5.5m17.4x356.5x1.3x
Tue, 23 Dec 2025CA$1.9bCA$1.5bCA$4.0m17.1x463.4x1.3x
Thu, 20 Nov 2025CA$1.8bCA$1.5bCA$530.4k16.5x3417.3x1.2x
Sat, 18 Oct 2025CA$1.9bCA$1.5bCA$5.2m17.8x357.3x1.3x
Mon, 15 Sep 2025CA$1.8bCA$1.5bCA$24.4m17.1x72.3x1.2x
Wed, 13 Aug 2025CA$1.8bCA$1.5bCA$28.8m16.7x60.9x1.2x
Fri, 11 Jul 2025CA$1.8bCA$1.5bCA$29.2m19.4x62.1x1.2x
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
Price to Earnings Ratio

-32.6x


Total Market Cap: CA$3.6bTotal Earnings: -CA$111,725,916.00Total Revenue: CA$2.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Communications Industry Price to Earnings3Y Average 233.4x202420252026
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 165x which is lower than its 3-year average PE of 233x.
  • The 3-year average PS ratio of 1.4x is lower 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 declined 16% 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 Market2.71%
Tech2.53%
Communications0.59%
Communications Equipment0.59%
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$16.031.6%
+CA$19.6m		37.2%PE18.8x
VCM Vecima NetworksCA$12.212.6%
+CA$7.5m		14.6%PS1.1x
IMI Ironman InternationalCA$0.1440.0%
+CA$6.9m		n/aPS4x
ENA Enablence TechnologiesCA$2.3015.0%
+CA$6.3m		64.3%PS6.3x
QTRH QuarterhillCA$0.973.2%
+CA$3.6m		-42.3%PS0.5x

Latest News

CTTT
CA$0.48
Critical Infrastructure Technologies
7D
-14.3%
1Y
n/a
ENA
CA$2.30
Enablence Technologies
7D
15.0%
1Y
64.3%
HAI
CA$9.59
Haivision Systems
7D
-2.3%
1Y
103.6%
VCM
CA$12.21
Vecima Networks
7D
2.6%
1Y
14.6%

Vecima Networks Inc. (TSE:VCM) Analysts Are Pretty Bullish On The Stock After Recent Results

Feb 15
Vecima Networks Inc. (TSE:VCM) Analysts Are Pretty Bullish On The Stock After Recent Results
STC
CA$6.31
Sangoma Technologies
7D
-0.6%
1Y
-22.5%
TTZ
CA$0.33
Total Telcom
7D
-5.7%
1Y
73.7%
NUR
CA$3.85
Nuran Wireless
7D
1.3%
1Y
-82.9%

Estimating The Intrinsic Value Of Nuran Wireless Inc. (CSE:NUR)

Jan 14
Estimating The Intrinsic Value Of Nuran Wireless Inc. (CSE:NUR)
QTRH
CA$0.97
Quarterhill
7D
3.2%
1Y
-42.3%
ET
CA$16.03
Evertz Technologies
7D
1.6%
1Y
37.2%
DCSI
CA$1.10
Direct Communication Solutions
7D
-47.1%
1Y
-68.1%
VTI
CA$0.005
Valdor Technology International
7D
-66.7%
1Y
-84.6%
CMI
CA$0.96
C-Com Satellite Systems
7D
-1.0%
1Y
-18.6%
IMI
CA$0.14
Ironman International
7D
40.0%
1Y
n/a