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Canadian (TSX) Communications Equipment Industry Analysis
UpdatedDec 21, 2025
DataAggregated Company Financials
Companies9
- 7D-5.7%
- 3M6.0%
- 1Y-12.4%
- YTDn/a
Over the last 7 days, the Communications Equipment industry has dropped 5.7%, driven by Evertz Technologies declining 8.0%. Meanwhile, Critical Infrastructure Technologies actually outperformed within the industry, gaining 8.3% in the last week. Overall the industry is down 13% in 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 Equipment Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 21 Dec 2025 | CA$1.9b | CA$1.5b | CA$3.9m | 17.1x | 478.3x | 1.3x |
| Tue, 18 Nov 2025 | CA$1.8b | CA$1.5b | CA$936.4k | 16.6x | 1930.9x | 1.2x |
| Thu, 16 Oct 2025 | CA$1.8b | CA$1.5b | CA$5.3m | 16.4x | 345.8x | 1.2x |
| Sat, 13 Sep 2025 | CA$1.8b | CA$1.5b | CA$24.4m | 17.1x | 71.9x | 1.2x |
| Mon, 11 Aug 2025 | CA$1.8b | CA$1.5b | CA$28.8m | 16.7x | 61.4x | 1.2x |
| Wed, 09 Jul 2025 | CA$1.8b | CA$1.5b | CA$29.1m | 19.4x | 61.8x | 1.2x |
| Fri, 06 Jun 2025 | CA$1.8b | CA$1.5b | CA$33.3m | 35.4x | 53.5x | 1.2x |
| Sun, 04 May 2025 | CA$1.7b | CA$1.5b | CA$43.6m | 23.1x | 39.1x | 1.1x |
| Tue, 01 Apr 2025 | CA$1.6b | CA$1.5b | CA$43.8m | 22.2x | 36.5x | 1x |
| Thu, 27 Feb 2025 | CA$1.8b | CA$1.5b | CA$29.5m | 24.9x | 62x | 1.2x |
| Sat, 25 Jan 2025 | CA$2.1b | CA$1.5b | CA$39.0m | 17.7x | 55.1x | 1.4x |
| Mon, 23 Dec 2024 | CA$2.1b | CA$1.5b | CA$39.4m | 18.8x | 52.8x | 1.3x |
| Wed, 20 Nov 2024 | CA$2.1b | CA$1.5b | CA$46.9m | 20.3x | 44x | 1.3x |
| Fri, 18 Oct 2024 | CA$2.1b | CA$1.5b | CA$49.8m | 25.3x | 42.5x | 1.4x |
| Sun, 15 Sep 2024 | CA$2.1b | CA$1.5b | CA$18.0m | 22.7x | 117x | 1.4x |
| Tue, 13 Aug 2024 | CA$2.1b | CA$1.5b | CA$11.2m | 22.1x | 187.8x | 1.4x |
| Thu, 11 Jul 2024 | CA$2.1b | CA$1.5b | CA$11.9m | 21.9x | 178.2x | 1.4x |
| Sat, 08 Jun 2024 | CA$2.3b | CA$1.5b | CA$13.3m | 22.3x | 171.3x | 1.5x |
| Mon, 06 May 2024 | CA$2.1b | CA$1.5b | CA$7.2m | 22.8x | 294.8x | 1.4x |
| Wed, 03 Apr 2024 | CA$2.3b | CA$1.5b | CA$7.2m | 33.3x | 318.1x | 1.5x |
| Fri, 01 Mar 2024 | CA$2.1b | CA$1.6b | CA$49.6m | 19.6x | 43.2x | 1.3x |
| Sun, 28 Jan 2024 | CA$3.7b | CA$2.5b | CA$9.3m | 21.4x | 400.8x | 1.5x |
| Tue, 26 Dec 2023 | CA$3.7b | CA$2.5b | CA$6.2m | 23.3x | 600.3x | 1.5x |
| Thu, 23 Nov 2023 | CA$3.5b | CA$2.5b | CA$2.7m | 21.6x | 1294.3x | 1.4x |
| Sat, 21 Oct 2023 | CA$3.5b | CA$2.5b | CA$8.4m | 19.1x | 416.1x | 1.4x |
| Mon, 18 Sep 2023 | CA$3.6b | CA$2.5b | -CA$94,601,360.00 | 24.7x | -37.6x | 1.4x |
| Wed, 16 Aug 2023 | CA$3.6b | CA$2.5b | -CA$109,434,004.00 | 20.3x | -32.8x | 1.4x |
| Fri, 14 Jul 2023 | CA$3.6b | CA$2.4b | -CA$182,104,054.00 | 19.7x | -20x | 1.5x |
| Sun, 11 Jun 2023 | CA$3.6b | CA$2.3b | -CA$182,910,719.00 | 17.1x | -19.4x | 1.5x |
| Tue, 09 May 2023 | CA$3.6b | CA$2.4b | -CA$122,196,136.00 | 22.8x | -29.6x | 1.5x |
| Thu, 06 Apr 2023 | CA$3.6b | CA$2.4b | -CA$121,922,446.00 | 23x | -29.1x | 1.5x |
| Sat, 04 Mar 2023 | CA$3.6b | CA$2.4b | -CA$111,725,916.00 | 16.8x | -32.6x | 1.5x |
| Mon, 30 Jan 2023 | CA$3.6b | CA$2.4b | -CA$105,974,319.00 | 16.7x | -33.9x | 1.5x |
| Wed, 28 Dec 2022 | CA$3.4b | CA$2.4b | -CA$108,359,876.00 | 13.3x | -31.7x | 1.4x |
Price to Earnings Ratio
-31.7x
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 481x which is higher than its 3-year average PE of 208x.
- 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 Market | 0.36% | |
| Tech | 0.28% | |
| Communications | -5.73% | |
| Communications Equipment | -5.73% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| CTTT Critical Infrastructure Technologies | CA$0.78 | 8.3% +CA$6.5m | n/a | PB87.9x | |
| DCSI Direct Communication Solutions | CA$2.40 | 14.3% +CA$746.2k | -66.7% | PS0.5x | |
| TTZ Total Telcom | CA$0.26 | 6.3% +CA$396.3k | 15.9% | PE18.5x |
