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Canadian (TSX) Communications Equipment Industry Analysis

UpdatedDec 13, 2025
DataAggregated Company Financials
Companies9
  • 7D7.6%
  • 3M12.9%
  • 1Y-7.6%
  • YTDn/a

Over the last 7 days, the Communications Equipment industry has risen 7.8%, driven by gains from Evertz Technologies of 9.2%. Meanwhile, Enablence Technologies actually underperformed within the industry, shrinking 15% in the last week. In contrast, the industry has lost 9.4% in the last 12 months. Earnings are forecast to grow by 25% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
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
Sat, 03 Jun 2023CA$3.6bCA$2.3b-CA$184,452,276.0016.2x-19.4x1.5x
Mon, 01 May 2023CA$3.6bCA$2.4b-CA$124,128,375.0023.1x-29x1.5x
Wed, 29 Mar 2023CA$3.5bCA$2.4b-CA$123,544,113.0022.5x-28.4x1.4x
Fri, 24 Feb 2023CA$3.6bCA$2.4b-CA$102,242,654.0016.2x-35.6x1.5x
Sun, 22 Jan 2023CA$3.6bCA$2.4b-CA$105,495,807.0014.6x-33.8x1.5x
Tue, 20 Dec 2022CA$3.5bCA$2.4b-CA$109,363,119.0012.6x-31.5x1.4x
Price to Earnings Ratio

-31.5x


Total Market Cap: CA$3.5bTotal Earnings: -CA$109,363,119.00Total Revenue: CA$2.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Communications Equipment Industry Price to Earnings3Y Average 204.5x202320242025
Current Industry PE
  • Investors are optimistic on the Canadian Communications Equipment industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 471x which is higher than its 3-year average PE of 204x.
  • The industry is trading close to its 3-year average PS ratio of 1.4x.
Past Earnings Growth
  • Total earnings for the Communications Equipment industry have gone up over the last three years and the industry is now profitable.
  • Revenues have declined 15% 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 Comparison

How does Canadian Communications Equipment compare with similar industries?

CA Market0.70%
Tech-2.80%
Communications7.56%
Communications Equipment7.56%
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$14.5710.0%
+CA$99.6m		19.3%PE17.1x
QTRH QuarterhillCA$1.0214.6%
+CA$15.5m		-40.7%PS0.6x
CTTT Critical Infrastructure TechnologiesCA$0.7224.1%
+CA$15.2m		n/aPB81.1x
HAI Haivision SystemsCA$5.554.9%
+CA$7.1m		-1.4%PS1.2x
STC Sangoma TechnologiesCA$7.491.2%
+CA$3.0m		-19.8%PS0.8x

Latest News

ET
CA$14.57
Evertz Technologies
7D
10.0%
1Y
19.3%
HAI
CA$5.55
Haivision Systems
7D
4.9%
1Y
-1.4%
DCSI
CA$2.10
Direct Communication Solutions
7D
-12.5%
1Y
-72.0%
CTTT
CA$0.72
Critical Infrastructure Technologies
7D
24.1%
1Y
n/a
TTZ
CA$0.24
Total Telcom
7D
14.3%
1Y
9.1%

Calculating The Fair Value Of Total Telcom Inc. (CVE:TTZ)

Dec 05
Calculating The Fair Value Of Total Telcom Inc. (CVE:TTZ)
NUR
CA$3.50
Nuran Wireless
7D
-22.2%
1Y
-85.4%
VCM
CA$9.77
Vecima Networks
7D
-1.7%
1Y
-40.8%

Vecima Networks (TSE:VCM) Has Affirmed Its Dividend Of CA$0.055

Nov 18
Vecima Networks (TSE:VCM) Has Affirmed Its Dividend Of CA$0.055
STC
CA$7.49
Sangoma Technologies
7D
1.2%
1Y
-19.8%
QTRH
CA$1.02
Quarterhill
7D
14.6%
1Y
-40.7%
ENA
CA$1.40
Enablence Technologies
7D
-14.6%
1Y
7.7%
CMI
CA$0.86
C-Com Satellite Systems
7D
6.2%
1Y
-27.7%
IMI
CA$0.11
Ironman International
7D
4.8%
1Y
n/a