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Canadian (TSX) Communications Equipment Industry Analysis

UpdatedDec 20, 2024
DataAggregated Company Financials
Companies9
  • 7D-4.3%
  • 3M-3.3%
  • 1Y-0.9%
  • YTDn/a

Over the last 7 days, the Communications Equipment industry has dropped 4.3%, driven by declines in Evertz Technologies and Vecima Networks of 4.5% and 9.7%, respectively. Meanwhile, Sangoma Technologies actually outperformed within the industry, gaining 5.6% in the last week. As for the longer term, the industry's performance has been flat for the past year. Looking forward, earnings are forecast to grow by 55% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 21 Dec 2024CA$2.0bCA$1.5bCA$39.3m18.8x52.1x1.3x
Mon, 18 Nov 2024CA$2.1bCA$1.5bCA$46.5m21.5x44.8x1.4x
Wed, 16 Oct 2024CA$2.1bCA$1.5bCA$50.3m22.8x42.1x1.4x
Fri, 13 Sep 2024CA$2.3bCA$1.5bCA$18.0m22.3x126.3x1.5x
Sun, 11 Aug 2024CA$2.1bCA$1.5bCA$11.3m22.1x186.5x1.4x
Tue, 09 Jul 2024CA$2.1bCA$1.5bCA$11.8m23x178.9x1.4x
Thu, 06 Jun 2024CA$2.3bCA$1.5bCA$13.7m21.9x166x1.5x
Sat, 04 May 2024CA$2.1bCA$1.5bCA$7.2m22.8x297.6x1.4x
Mon, 01 Apr 2024CA$2.3bCA$1.5bCA$7.2m32.5x312.9x1.5x
Wed, 28 Feb 2024CA$2.2bCA$1.6bCA$49.7m22.3x43.4x1.4x
Fri, 26 Jan 2024CA$3.7bCA$2.5bCA$9.2m21.8x404.4x1.5x
Sun, 24 Dec 2023CA$3.7bCA$2.5bCA$6.2m23.3x600.3x1.5x
Tue, 21 Nov 2023CA$3.5bCA$2.5bCA$2.7m21.6x1314x1.4x
Thu, 19 Oct 2023CA$3.5bCA$2.5bCA$8.8m23.6x399.5x1.4x
Sat, 16 Sep 2023CA$3.5bCA$2.5b-CA$94,507,114.0024.3x-37.4x1.4x
Mon, 14 Aug 2023CA$3.6bCA$2.5b-CA$108,908,795.0020.3x-33.2x1.4x
Wed, 12 Jul 2023CA$3.6bCA$2.4b-CA$183,420,529.0019.3x-19.8x1.5x
Fri, 09 Jun 2023CA$3.5bCA$2.3b-CA$183,532,186.0017.1x-19.3x1.5x
Sun, 07 May 2023CA$3.6bCA$2.4b-CA$122,330,475.0022.8x-29.2x1.5x
Tue, 04 Apr 2023CA$3.6bCA$2.4b-CA$121,554,439.0023.3x-29.4x1.5x
Thu, 02 Mar 2023CA$3.6bCA$2.4b-CA$102,737,347.0016.7x-35.4x1.5x
Sat, 28 Jan 2023CA$3.6bCA$2.4b-CA$105,992,736.0016.7x-33.9x1.5x
Mon, 26 Dec 2022CA$3.4bCA$2.4b-CA$108,470,916.0013.3x-31.7x1.4x
Wed, 23 Nov 2022CA$3.3bCA$2.4b-CA$108,234,759.0013.2x-30.9x1.4x
Fri, 21 Oct 2022CA$3.4bCA$2.2b-CA$151,470,766.0012x-22.4x1.5x
Sun, 18 Sep 2022CA$3.7bCA$2.1b-CA$15,913,993.0015x-235.4x1.7x
Tue, 16 Aug 2022CA$3.8bCA$2.1b-CA$4,793,871.0037.6x-792.7x1.8x
Thu, 14 Jul 2022CA$3.4bCA$2.0b-CA$14,906,559.0035.2x-225.1x1.7x
Sat, 11 Jun 2022CA$3.2bCA$2.0b-CA$20,758,878.0034.3x-155.6x1.6x
Mon, 09 May 2022CA$3.1bCA$1.7b-CA$97,766,736.0056.3x-31.2x1.8x
Wed, 06 Apr 2022CA$3.3bCA$1.7b-CA$93,289,313.0055.3x-35.7x2x
Fri, 04 Mar 2022CA$3.3bCA$1.6b-CA$127,473,081.0040.3x-25.7x2x
Sun, 30 Jan 2022CA$3.1bCA$1.6b-CA$141,204,145.0019.1x-22x2x
Tue, 28 Dec 2021CA$3.3bCA$1.6b-CA$135,764,355.0019.3x-24.3x2.1x
Price to Earnings Ratio

-24.3x


Total Market Cap: CA$3.3bTotal Earnings: -CA$135,764,355.00Total Revenue: CA$1.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Communications Equipment Industry Price to Earnings3Y Average 63.4x202220232024
Current Industry PE
  • Investors are pessimistic on the Canadian Communications Equipment 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 52.1x which is lower than its 3-year average PE of 63.3x.
  • The 3-year average PS ratio of 1.6x is higher than the industry's current PS ratio of 1.3x.
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 remained mostly flat. This means that the industry has become more efficient since profits are increasing while sales have been flat.

Industry Comparison

How does Canadian Communications Equipment compare with similar industries?

CA Market-3.68%
Tech-3.73%
Communications-4.27%
Communications Equipment-4.27%
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
STC Sangoma TechnologiesCA$10.007.1%
+CA$22.3m		145.7%PS1x
ET Evertz TechnologiesCA$12.310.8%
+CA$7.6m		-13.5%PE16.1x
NUR Nuran WirelessCA$0.0912.5%
+CA$571.7k		-14.3%PS1.1x
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Latest News

VCM

CA$15.33

Vecima Networks

7D

-7.1%

1Y

-5.6%

ET

CA$12.31

Evertz Technologies

7D

0.8%

1Y

-13.5%

YFI

CA$0.06

Edgewater Wireless Systems

7D

-14.3%

1Y

50.0%

NUR

CA$0.09

Nuran Wireless

7D

12.5%

1Y

-14.3%

DCSI

CA$7.20

Direct Communication Solutions

7D

-4.0%

1Y

476.0%

ENA

CA$1.25

Enablence Technologies

7D

-3.8%

1Y

25.0%

QTRH

CA$1.61

Quarterhill

7D

-6.4%

1Y

-16.1%

STC

CA$10.00

Sangoma Technologies

7D

7.1%

1Y

145.7%

CMI

CA$1.18

C-Com Satellite Systems

7D

-0.8%

1Y

-8.5%

HAI

CA$5.28

Haivision Systems

7D

-6.2%

1Y

48.7%