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Canadian (TSX) Communications Equipment Industry Analysis

UpdatedDec 17, 2025
DataAggregated Company Financials
Companies9
  • 7D6.5%
  • 3M7.6%
  • 1Y-6.1%
  • YTDn/a

Over the last 7 days, the Communications Equipment industry has risen 6.1%, driven by gains from Evertz Technologies of 9.5%. In contrast, the industry has lost 7.6% in the last 12 months. Earnings are forecast to grow by 24% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 17 Dec 2025CA$2.0bCA$1.5bCA$4.0m17.2x489.6x1.4x
Fri, 14 Nov 2025CA$1.9bCA$1.5bCA$2.9m16.4x637.2x1.3x
Sun, 12 Oct 2025CA$2.0bCA$1.5bCA$5.2m16.6x379.5x1.3x
Tue, 09 Sep 2025CA$1.8bCA$1.5bCA$22.6m17.1x77.8x1.2x
Thu, 07 Aug 2025CA$1.8bCA$1.5bCA$28.9m17.1x61.5x1.2x
Sat, 05 Jul 2025CA$1.8bCA$1.5bCA$29.3m18.9x62x1.2x
Mon, 02 Jun 2025CA$1.8bCA$1.5bCA$33.1m36.7x53x1.2x
Wed, 30 Apr 2025CA$1.6bCA$1.5bCA$43.5m22.8x37.8x1.1x
Fri, 28 Mar 2025CA$1.7bCA$1.5bCA$44.0m23.7x38.1x1.1x
Sun, 23 Feb 2025CA$1.8bCA$1.5bCA$29.8m24.5x61.8x1.2x
Tue, 21 Jan 2025CA$2.1bCA$1.5bCA$39.1m17.6x53.8x1.4x
Thu, 19 Dec 2024CA$2.0bCA$1.5bCA$39.2m19x52x1.3x
Sat, 16 Nov 2024CA$2.1bCA$1.5bCA$45.7m21.9x45.4x1.4x
Mon, 14 Oct 2024CA$2.1bCA$1.5bCA$50.4m25.2x42.2x1.4x
Wed, 11 Sep 2024CA$2.2bCA$1.5bCA$22.5m22.8x99.3x1.5x
Fri, 09 Aug 2024CA$2.1bCA$1.5bCA$11.3m22.7x185.4x1.4x
Sun, 07 Jul 2024CA$2.1bCA$1.5bCA$11.8m22.6x178.2x1.4x
Tue, 04 Jun 2024CA$2.3bCA$1.5bCA$14.0m23.4x160.9x1.5x
Thu, 02 May 2024CA$2.1bCA$1.5bCA$6.9m23.5x309.8x1.4x
Sat, 30 Mar 2024CA$2.3bCA$1.5bCA$7.3m32.5x312.4x1.5x
Mon, 26 Feb 2024CA$2.1bCA$1.6bCA$49.8m21.9x42.8x1.3x
Wed, 24 Jan 2024CA$3.7bCA$2.5bCA$9.2m22x400.8x1.4x
Fri, 22 Dec 2023CA$3.7bCA$2.5bCA$6.1m23.6x606.9x1.5x
Sun, 19 Nov 2023CA$3.5bCA$2.5bCA$2.7m21.6x1313.2x1.4x
Tue, 17 Oct 2023CA$3.5bCA$2.5bCA$9.1m24x385.6x1.4x
Thu, 14 Sep 2023CA$3.5bCA$2.5b-CA$98,276,944.0024.8x-36x1.4x
Sat, 12 Aug 2023CA$3.6bCA$2.5b-CA$108,908,795.0020.3x-33.2x1.4x
Mon, 10 Jul 2023CA$3.6bCA$2.4b-CA$183,879,445.0018.2x-19.6x1.5x
Wed, 07 Jun 2023CA$3.6bCA$2.3b-CA$184,091,392.0016.1x-19.4x1.5x
Fri, 05 May 2023CA$3.6bCA$2.4b-CA$124,028,741.0022.7x-28.7x1.5x
Sun, 02 Apr 2023CA$3.6bCA$2.4b-CA$122,610,686.0023.1x-29.2x1.5x
Tue, 28 Feb 2023CA$3.7bCA$2.4b-CA$102,492,825.0016.6x-35.7x1.5x
Thu, 26 Jan 2023CA$3.5bCA$2.4b-CA$105,544,153.0015.1x-33.6x1.5x
Sat, 24 Dec 2022CA$3.4bCA$2.4b-CA$108,493,639.0013.3x-31.7x1.4x
Price to Earnings Ratio

-31.7x


Total Market Cap: CA$3.4bTotal Earnings: -CA$108,493,639.00Total Revenue: CA$2.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Communications Equipment Industry Price to Earnings3Y Average 206.4x202320242025
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 498x which is higher than its 3-year average PE of 206x.
  • 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-0.016%
Tech-5.66%
Communications6.48%
Communications Equipment6.48%
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$14.519.5%
+CA$95.1m		19.5%PE17x
CTTT Critical Infrastructure TechnologiesCA$0.9840.0%
+CA$30.5m		n/aPB110.4x
HAI Haivision SystemsCA$5.553.2%
+CA$4.6m		3.0%PS1.2x
VCM Vecima NetworksCA$9.861.6%
+CA$3.9m		-35.3%PS0.9x
QTRH QuarterhillCA$0.942.2%
+CA$2.4m		-42.0%PS0.5x

Latest News

VCM
CA$9.86
Vecima Networks
7D
1.6%
1Y
-35.3%
ET
CA$14.51
Evertz Technologies
7D
9.5%
1Y
19.5%
QTRH
CA$0.94
Quarterhill
7D
2.2%
1Y
-42.0%

Quarterhill (TSE:QTRH) Is Carrying A Fair Bit Of Debt

Dec 13
Quarterhill (TSE:QTRH) Is Carrying A Fair Bit Of Debt
HAI
CA$5.55
Haivision Systems
7D
3.2%
1Y
3.0%
CTTT
CA$0.98
Critical Infrastructure Technologies
7D
40.0%
1Y
n/a
TTZ
CA$0.24
Total Telcom
7D
11.6%
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)
NVI
CA$0.08
Novra Technologies
7D
33.3%
1Y
n/a
VTI
CA$0.015
Valdor Technology International
7D
50.0%
1Y
n/a
NUR
CA$3.00
Nuran Wireless
7D
-25.0%
1Y
-87.5%
STC
CA$7.05
Sangoma Technologies
7D
-4.7%
1Y
-23.1%
IMI
CA$0.10
Ironman International
7D
-4.5%
1Y
n/a