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Canadian (TSX) Communications Equipment Industry Analysis

UpdatedAug 31, 2026
DataAggregated Company Financials
Companies12
  • 7D-3.3%
  • 3M-4.8%
  • 1Y13.7%
  • YTDn/a

Over the last 7 days, the Communications Equipment industry has dropped 5.4%, driven by a pullback from Evertz Technologies of 5.9%. This takes the industry's 12 month performance to a gain of 14%. As for the next few years, earnings are expected to grow by 21% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 31 Aug 2026CA$2.2bCA$1.5b-CA$49,671,123.5823x-44.5x1.5x
Wed, 29 Jul 2026CA$2.3bCA$1.5b-CA$53,921,176.5522.2x-42.7x1.5x
Fri, 26 Jun 2026CA$2.2bCA$1.5b-CA$54,060,716.2421.5x-41.2x1.5x
Sun, 24 May 2026CA$2.2bCA$1.5b-CA$29,936,300.8020.9x-72.5x1.5x
Tue, 21 Apr 2026CA$2.2bCA$1.5b-CA$30,815,499.9620.6x-72.3x1.5x
Thu, 19 Mar 2026CA$2.1bCA$1.5bCA$13.2m20.1x162.5x1.5x
Sat, 14 Feb 2026CA$2.0bCA$1.5bCA$13.6m25.3x149.5x1.4x
Mon, 12 Jan 2026CA$1.9bCA$1.5bCA$3.6m17x520.4x1.3x
Wed, 10 Dec 2025CA$1.9bCA$1.5bCA$1.0m15.9x1774.5x1.3x
Fri, 07 Nov 2025CA$1.8bCA$1.5bCA$3.3m17.4x559x1.2x
Sun, 05 Oct 2025CA$1.8bCA$1.5bCA$5.3m15.8x342.9x1.2x
Tue, 02 Sep 2025CA$1.8bCA$1.5bCA$22.8m17.6x77x1.2x
Thu, 31 Jul 2025CA$1.8bCA$1.5bCA$28.6m16.7x62.3x1.2x
Sat, 28 Jun 2025CA$1.8bCA$1.5bCA$29.1m19.4x60.8x1.2x
Mon, 26 May 2025CA$1.7bCA$1.5bCA$33.1m33.7x52.7x1.2x
Wed, 23 Apr 2025CA$1.6bCA$1.5bCA$43.6m20.9x35.9x1x
Fri, 21 Mar 2025CA$1.7bCA$1.5bCA$46.2m25.1x37x1.1x
Sun, 16 Feb 2025CA$1.9bCA$1.5bCA$30.0m25.1x63.3x1.2x
Tue, 14 Jan 2025CA$2.1bCA$1.5bCA$39.3m19x53.5x1.4x
Thu, 12 Dec 2024CA$2.1bCA$1.5bCA$40.0m20.8x52.8x1.4x
Sat, 09 Nov 2024CA$2.2bCA$1.5bCA$50.2m24.3x42.8x1.4x
Mon, 07 Oct 2024CA$2.1bCA$1.5bCA$51.0m23.8x40.6x1.4x
Wed, 04 Sep 2024CA$2.2bCA$1.5bCA$22.8m21.4x96.1x1.5x
Fri, 02 Aug 2024CA$2.2bCA$1.5bCA$10.4m22.7x207x1.4x
Sun, 30 Jun 2024CA$2.1bCA$1.5bCA$11.5m23x181.4x1.4x
Tue, 28 May 2024CA$2.2bCA$1.5bCA$14.0m22.1x159.1x1.5x
Thu, 25 Apr 2024CA$2.1bCA$1.5bCA$7.1m23x300.9x1.4x
Sat, 23 Mar 2024CA$2.3bCA$1.5bCA$5.3m26.2x426.2x1.5x
Mon, 19 Feb 2024CA$2.1bCA$1.6bCA$49.8m21.2x43.1x1.3x
Wed, 17 Jan 2024CA$3.7bCA$2.5bCA$5.5m22x681.7x1.5x
Fri, 15 Dec 2023CA$3.7bCA$2.5bCA$5.8m22.5x648.3x1.5x
Sun, 12 Nov 2023CA$3.5bCA$2.5bCA$7.2m17x478.2x1.4x
Tue, 10 Oct 2023CA$3.5bCA$2.5bCA$8.9m22.9x396.9x1.4x
Thu, 07 Sep 2023CA$3.6bCA$2.5b-CA$100,931,536.0023.7x-35.2x1.4x
Price to Earnings Ratio

-35.2x


Total Market Cap: CA$3.6bTotal Earnings: -CA$100,931,536.00Total Revenue: CA$2.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Communications Equipment Industry Price to Earnings3Y Average 233.6x202420252026
Current Industry PE
  • Investors are relatively neutral on the Canadian Communications Equipment 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 Equipment industry have improved over the last three years.
  • Meanwhile revenues for these companies have declined 16% 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-0.49%
Tech1.49%
Communications-3.35%
Communications Equipment-3.35%
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
HAI Haivision SystemsCA$4.493.0%
+CA$3.6m		-4.1%PE77.7x
CTTT Critical Infrastructure TechnologiesCA$0.195.6%
+CA$1.3m		280.0%PS27.7x
YTY Wi2WiCA$0.095.9%
+CA$991.2k		200.0%PS1.7x

Latest News

YFI
CA$0.035
Edgewater Wireless Systems
7D
-22.2%
1Y
-46.2%
QTRH
CA$2.59
Quarterhill
7D
-4.1%
1Y
139.8%
VTI
CA$0.23
Valdor Technology International
7D
-40.8%
1Y
-95.5%
HAI
CA$4.49
Haivision Systems
7D
3.0%
1Y
-4.1%
YTY
CA$0.09
Wi2Wi
7D
5.9%
1Y
200.0%
NUR
CA$2.56
Nuran Wireless
7D
-11.1%
1Y
-81.0%
CTTT
CA$0.19
Critical Infrastructure Technologies
7D
5.6%
1Y
280.0%
VCM
CA$12.10
Vecima Networks
7D
-2.8%
1Y
24.1%
ET
CA$15.39
Evertz Technologies
7D
-3.8%
1Y
27.1%
ENA
CA$5.90
Enablence Technologies
7D
-10.6%
1Y
372.0%
STC
CA$5.42
Sangoma Technologies
7D
-0.7%
1Y
-36.4%
Narrative Update • Jun 26

STC: Share Repurchase And Guidance Revision Will Support Future Upside Potential

Analysts have trimmed their fair value estimate for Sangoma Technologies to about CA$9.92 from roughly CA$11.36, reflecting updated views on discount rates, revenue growth, profit margins, and future P/E assumptions. Analyst Commentary Recent valuation work on Sangoma Technologies reflects a mix of optimism about the company’s ability to execute and caution around the assumptions that feed into fair value, including discount rates, revenue growth, profit margins, and future P/E levels.