Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Canadian (TSX) Communications Equipment Industry Analysis

UpdatedJun 29, 2026
DataAggregated Company Financials
Companies12
  • 7D0.7%
  • 3M0.8%
  • 1Y8.3%
  • YTDn/a

Over the last 7 days, the Communications Equipment industry has remained flat, although notably Nuran Wireless gained 58%. As for the the longer term, the industry is up 8.3% 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 Equipment Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 29 Jun 2026CA$2.3bCA$1.5b-CA$53,974,248.0621.7x-41.8x1.5x
Wed, 27 May 2026CA$2.2bCA$1.5b-CA$29,793,395.8119.9x-73.3x1.5x
Fri, 24 Apr 2026CA$2.2bCA$1.5b-CA$31,112,200.0020.3x-71.3x1.5x
Sun, 22 Mar 2026CA$2.1bCA$1.5bCA$13.2m19.7x160.3x1.4x
Tue, 17 Feb 2026CA$2.1bCA$1.5bCA$13.6m25.3x151.7x1.4x
Thu, 15 Jan 2026CA$1.9bCA$1.5bCA$3.7m17.2x510.3x1.3x
Sat, 13 Dec 2025CA$2.0bCA$1.5bCA$4.0m17.2x496.7x1.4x
Mon, 10 Nov 2025CA$1.8bCA$1.5bCA$3.5m16.5x519.2x1.2x
Wed, 08 Oct 2025CA$1.9bCA$1.5bCA$5.3m16.9x349.3x1.3x
Fri, 05 Sep 2025CA$1.8bCA$1.5bCA$22.5m17.1x78.1x1.2x
Sun, 03 Aug 2025CA$1.8bCA$1.5bCA$28.7m16.7x61.5x1.2x
Tue, 01 Jul 2025CA$1.8bCA$1.5bCA$29.3m19.4x60.6x1.2x
Thu, 29 May 2025CA$1.7bCA$1.5bCA$32.9m35.9x53.2x1.2x
Sat, 26 Apr 2025CA$1.6bCA$1.5bCA$43.5m21.9x37.4x1.1x
Mon, 24 Mar 2025CA$1.7bCA$1.5bCA$46.1m25.1x37.1x1.1x
Wed, 19 Feb 2025CA$1.9bCA$1.5bCA$29.9m25.3x63.4x1.2x
Fri, 17 Jan 2025CA$2.1bCA$1.5bCA$38.8m17.9x53.7x1.4x
Sun, 15 Dec 2024CA$2.1bCA$1.5bCA$39.8m20.3x52.8x1.4x
Tue, 12 Nov 2024CA$2.1bCA$1.5bCA$50.2m23.3x42.1x1.4x
Thu, 10 Oct 2024CA$2.1bCA$1.5bCA$50.5m24.6x41.2x1.4x
Sat, 07 Sep 2024CA$2.2bCA$1.5bCA$22.7m21.2x96.8x1.5x
Mon, 05 Aug 2024CA$2.1bCA$1.5bCA$10.5m22.7x199x1.4x
Wed, 03 Jul 2024CA$2.1bCA$1.5bCA$11.6m22.4x180.3x1.4x
Fri, 31 May 2024CA$2.2bCA$1.5bCA$13.8m23x161.6x1.5x
Sun, 28 Apr 2024CA$2.1bCA$1.5bCA$7.2m22.8x290.7x1.4x
Tue, 26 Mar 2024CA$2.3bCA$1.5bCA$5.4m27.1x419.8x1.5x
Thu, 22 Feb 2024CA$2.1bCA$1.6bCA$49.8m20.9x42.6x1.3x
Sat, 20 Jan 2024CA$3.7bCA$2.5bCA$9.2m21.2x404.3x1.5x
Mon, 18 Dec 2023CA$3.7bCA$2.5bCA$5.8m22.8x641.6x1.5x
Wed, 15 Nov 2023CA$3.5bCA$2.5bCA$2.8m21.2x1237.3x1.4x
Fri, 13 Oct 2023CA$3.5bCA$2.5bCA$8.9m22.7x399.7x1.4x
Sun, 10 Sep 2023CA$3.5bCA$2.5b-CA$100,976,840.0024.3x-35.1x1.4x
Tue, 08 Aug 2023CA$3.7bCA$2.4b-CA$185,024,967.0019.2x-19.7x1.5x
Thu, 06 Jul 2023CA$3.6bCA$2.4b-CA$183,903,032.0017.1x-19.8x1.5x
Price to Earnings Ratio

-19.8x


Total Market Cap: CA$3.6bTotal Earnings: -CA$183,903,032.00Total Revenue: CA$2.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Communications Equipment Industry Price to Earnings3Y Average 234.8x202420252026
Current Industry PE
  • Investors are optimistic on the Canadian Communications Equipment industry, and appear confident in long term growth rates.
  • The 3-year average PS ratio of 1.4x is lower than the industry's current PS ratio of 1.5x.
Past Earnings Growth
  • The earnings for companies in the Communications Equipment industry have improved over the last three years.
  • Meanwhile revenues for these companies have declined 14% 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 Comparison

How does Canadian Communications Equipment compare with similar industries?

CA Market-0.35%
Tech-1.94%
Communications0.67%
Communications Equipment0.67%
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
NUR Nuran WirelessCA$8.0858.4%
+CA$39.0m		-64.1%PS37.4x
TTZ Total TelcomCA$0.517.4%
+CA$928.3k		137.2%PE23.9x

Latest News

ET
CA$16.52
Evertz Technologies
7D
-0.2%
1Y
33.2%
Narrative Update • Jun 25

ET: Stable CA$17 View Suggests Dividends Will Continue To Shape Trade-Offs

Analysts have kept their CA$17.25 price target on Evertz Technologies broadly stable. They cite largely unchanged views on fair value, discount rate, revenue growth, profit margin, and future P/E assumptions.
QTRH
CA$1.67
Quarterhill
7D
-3.5%
1Y
18.4%
Narrative Update • Jun 23

QTRH: Expanding Long-Term Transport Contracts Will Support Future Upside

Analysts have kept their core assumptions on Quarterhill largely unchanged, but have modestly refined inputs such as the discount rate and future P/E. This has led to a small adjustment in their CA$ price target rather than a major reset of expectations.
HAI
CA$4.46
Haivision Systems
7D
-3.3%
1Y
-10.8%
TTZ
CA$0.51
Total Telcom
7D
7.4%
1Y
137.2%
ENA
CA$9.51
Enablence Technologies
7D
-4.9%
1Y
660.8%
CTTT
CA$0.17
Critical Infrastructure Technologies
7D
-38.2%
1Y
209.1%
IMI
CA$0.10
Ironman International
7D
-9.1%
1Y
n/a
VCM
CA$13.04
Vecima Networks
7D
-1.2%
1Y
45.7%
NUR
CA$8.08
Nuran Wireless
7D
58.4%
1Y
-64.1%
CMI
CA$0.89
C-Com Satellite Systems
7D
-6.3%
1Y
-8.2%