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Canadian (TSX) Communications Industry Analysis

UpdatedApr 08, 2026
DataAggregated Company Financials
Companies9
  • 7D0.6%
  • 3M15.7%
  • 1Y47.9%
  • YTD13.0%

The Communications is pretty flat in the last 7 days, but Quarterhill has stood out, gaining 19%. As for the the longer term, the industry is up 47% over the past 12 months. As for the next few years, earnings are expected to grow by 36% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 08 Apr 2026CA$2.1bCA$1.5b-CA$34,970,448.9019.7x-61.2x1.5x
Fri, 06 Mar 2026CA$2.2bCA$1.5bCA$12.5m21.3x174x1.5x
Sun, 01 Feb 2026CA$2.0bCA$1.5bCA$5.8m21.4x349.8x1.4x
Tue, 30 Dec 2025CA$1.9bCA$1.5bCA$4.2m17.8x452.5x1.3x
Thu, 27 Nov 2025CA$1.8bCA$1.5bCA$571.3k17.4x3231.2x1.3x
Sat, 25 Oct 2025CA$1.9bCA$1.5bCA$5.3m18.5x360.5x1.3x
Mon, 22 Sep 2025CA$1.8bCA$1.5bCA$27.2m16.2x65.3x1.2x
Wed, 20 Aug 2025CA$1.8bCA$1.5bCA$22.7m17.1x77.2x1.2x
Fri, 18 Jul 2025CA$1.8bCA$1.5bCA$28.9m17.1x62.1x1.2x
Sun, 15 Jun 2025CA$1.8bCA$1.5bCA$30.1m18.5x58.6x1.2x
Tue, 13 May 2025CA$1.7bCA$1.5bCA$43.0m22.7x40.4x1.2x
Thu, 10 Apr 2025CA$1.5bCA$1.5bCA$44.3m21.1x33.2x1x
Sat, 08 Mar 2025CA$1.7bCA$1.5bCA$31.5m24.5x54.5x1.1x
Mon, 03 Feb 2025CA$2.1bCA$1.5bCA$38.4m17.1x53.9x1.3x
Wed, 01 Jan 2025CA$2.1bCA$1.5bCA$39.3m19.6x53x1.4x
Fri, 29 Nov 2024CA$2.1bCA$1.5bCA$46.7m20.9x44.8x1.4x
Sun, 27 Oct 2024CA$2.1bCA$1.5bCA$49.5m24.7x41.9x1.4x
Tue, 24 Sep 2024CA$2.1bCA$1.5bCA$51.0m23x40.7x1.4x
Thu, 22 Aug 2024CA$2.2bCA$1.5bCA$22.4m22.1x96.6x1.4x
Sat, 20 Jul 2024CA$2.1bCA$1.5bCA$11.3m22.1x189.5x1.4x
Mon, 17 Jun 2024CA$2.3bCA$1.5bCA$15.9m21.3x147.3x1.6x
Wed, 15 May 2024CA$2.1bCA$1.5bCA$11.2m23x191.6x1.4x
Fri, 12 Apr 2024CA$2.3bCA$1.5bCA$6.8m31x331.3x1.5x
Sun, 10 Mar 2024CA$2.2bCA$1.6bCA$49.8m20.6x44.2x1.4x
Tue, 06 Feb 2024CA$2.1bCA$1.6bCA$54.9m20.6x37.5x1.3x
Thu, 04 Jan 2024CA$3.6bCA$2.5bCA$5.9m21.7x616.7x1.4x
Sat, 02 Dec 2023CA$3.5bCA$2.5bCA$3.2m21.4x1104.1x1.4x
Mon, 30 Oct 2023CA$3.5bCA$2.6bCA$7.9m17.2x439.6x1.4x
Wed, 27 Sep 2023CA$3.6bCA$2.5b-CA$92,884,013.0024.4x-38.4x1.4x
Fri, 25 Aug 2023CA$3.6bCA$2.5b-CA$110,317,265.0024.2x-32.2x1.4x
Sun, 23 Jul 2023CA$3.7bCA$2.4b-CA$183,250,637.0019.7x-20x1.6x
Tue, 20 Jun 2023CA$3.4bCA$2.3b-CA$182,620,902.0017.1x-18.7x1.5x
Thu, 18 May 2023CA$3.6bCA$2.3b-CA$185,048,016.0017.6x-19.3x1.5x
Sat, 15 Apr 2023CA$3.6bCA$2.4b-CA$120,928,060.0022.3x-29.5x1.5x
Price to Earnings Ratio

-29.5x


Total Market Cap: CA$3.6bTotal Earnings: -CA$120,928,060.00Total Revenue: CA$2.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Communications Industry Price to Earnings3Y Average 237.6x202420252026
Current Industry PE
  • Investors are relatively neutral on the Canadian Communications industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PS ratio of 1.4x.
Past Earnings Growth
  • The earnings for companies in the Communications industry have improved over the last three years.
  • Meanwhile revenues for these companies have declined 15% per year.
  • This means that less sales are being generated overall, but since the cost of doing business is lower, losses have been shrinking.

Industry Trends

Which industries have driven the changes within the Canadian Tech industry?

CA Market1.35%
Tech0.85%
Communications0.55%
Communications Equipment0.55%
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
QTRH QuarterhillCA$1.329.1%
+CA$13.1m		-4.3%PS0.7x
ENA Enablence TechnologiesCA$3.4511.7%
+CA$7.9m		173.8%PS8.3x
ET Evertz TechnologiesCA$16.150.2%
+CA$3.0m		67.0%PE19.7x
YTY Wi2WiCA$0.0433.3%
+CA$2.0m		0%PS0.9x
VCM Vecima NetworksCA$13.160.4%
+CA$1.2m		54.5%PS1.2x

Latest News

ET
CA$16.15
Evertz Technologies
7D
0.2%
1Y
67.0%
QTRH
CA$1.32
Quarterhill
7D
9.1%
1Y
-4.3%

Execution Risks In Intelligent Transportation Will Test Profitability Targets Yet Offer Long Term Upside

Catalysts About Quarterhill Quarterhill provides intelligent transportation systems focused on tolling, safety and enforcement solutions for government and transportation agencies. What are the underlying business or industry changes driving this perspective?
ENA
CA$3.45
Enablence Technologies
7D
11.7%
1Y
173.8%
CMI
CA$0.97
C-Com Satellite Systems
7D
1.0%
1Y
-4.9%
VTI
CA$0.005
Valdor Technology International
7D
-50.0%
1Y
-90.9%
IMI
CA$0.11
Ironman International
7D
-4.3%
1Y
n/a
STC
CA$5.40
Sangoma Technologies
7D
-1.5%
1Y
-8.0%
TTZ
CA$0.32
Total Telcom
7D
1.6%
1Y
77.8%
CTTT
CA$0.36
Critical Infrastructure Technologies
7D
-10.0%
1Y
111.8%
VCM
CA$13.16
Vecima Networks
7D
0.4%
1Y
54.5%

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
YFI
CA$0.05
Edgewater Wireless Systems
7D
11.1%
1Y
-33.3%
NUR
CA$4.30
Nuran Wireless
7D
-1.1%
1Y
-82.1%

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

Jan 14
Estimating The Intrinsic Value Of Nuran Wireless Inc. (CSE:NUR)
YTY
CA$0.04
Wi2Wi
7D
33.3%
1Y
0%