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Canadian (TSX) Communications Equipment Industry Analysis

UpdatedJul 01, 2025
DataAggregated Company Financials
Companies9
  • 7D1.8%
  • 3M11.7%
  • 1Y-13.6%
  • YTDn/a

The Communications Equipment industry is up 1.8% in the last week, with Evertz Technologies up 3.8%. Meanwhile, Critical Infrastructure Technologies actually underperformed within the industry, shrinking 23% in the last week. In contrast, the industry has lost 14% in the last 12 months. As for the next few years, earnings are expected to grow by 45% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 03 Jul 2025CA$1.8bCA$1.5bCA$29.3m19.4x60.6x1.2x
Sat, 31 May 2025CA$1.8bCA$1.5bCA$33.1m36.7x53.5x1.2x
Mon, 28 Apr 2025CA$1.7bCA$1.5bCA$43.5m21.9x38x1.1x
Wed, 26 Mar 2025CA$1.7bCA$1.5bCA$46.2m24.5x37.1x1.1x
Fri, 21 Feb 2025CA$1.9bCA$1.5bCA$30.0m25.1x62.6x1.2x
Sun, 19 Jan 2025CA$2.1bCA$1.5bCA$38.6m17.7x54.4x1.4x
Tue, 17 Dec 2024CA$2.1bCA$1.5bCA$39.8m19.1x52.7x1.4x
Thu, 14 Nov 2024CA$2.1bCA$1.5bCA$46.0m23.2x45.5x1.4x
Sat, 12 Oct 2024CA$2.1bCA$1.5bCA$50.4m25.2x41.8x1.4x
Mon, 09 Sep 2024CA$2.2bCA$1.5bCA$22.7m21.2x96.8x1.5x
Wed, 07 Aug 2024CA$2.1bCA$1.5bCA$11.0m21.4x189.6x1.4x
Fri, 05 Jul 2024CA$2.1bCA$1.5bCA$11.9m22.6x173.7x1.4x
Sun, 02 Jun 2024CA$2.3bCA$1.5bCA$14.1m23.4x160.1x1.5x
Tue, 30 Apr 2024CA$2.1bCA$1.5bCA$7.2m22.8x290.1x1.4x
Thu, 28 Mar 2024CA$2.3bCA$1.5bCA$7.2m33x319.5x1.5x
Sat, 24 Feb 2024CA$2.1bCA$1.6bCA$49.8m21.9x42.8x1.3x
Mon, 22 Jan 2024CA$3.7bCA$2.5bCA$9.3m21.2x395.1x1.4x
Wed, 20 Dec 2023CA$3.7bCA$2.5bCA$6.0m23x620.4x1.5x
Fri, 17 Nov 2023CA$3.5bCA$2.5bCA$2.6m21.6x1336.5x1.4x
Sun, 15 Oct 2023CA$3.5bCA$2.5bCA$9.0m24x389.2x1.4x
Tue, 12 Sep 2023CA$3.5bCA$2.5b-CA$100,305,391.0023.8x-35.2x1.4x
Thu, 10 Aug 2023CA$3.6bCA$2.4b-CA$185,438,418.0018.4x-19.5x1.5x
Sat, 08 Jul 2023CA$3.6bCA$2.4b-CA$183,889,042.0018.2x-19.6x1.5x
Mon, 05 Jun 2023CA$3.6bCA$2.3b-CA$184,296,654.0016.2x-19.4x1.5x
Wed, 03 May 2023CA$3.6bCA$2.4b-CA$124,976,949.0023.1x-28.6x1.5x
Fri, 31 Mar 2023CA$3.5bCA$2.4b-CA$122,719,584.0022.4x-28.7x1.4x
Sun, 26 Feb 2023CA$3.6bCA$2.4b-CA$102,946,473.0016x-35.2x1.5x
Tue, 24 Jan 2023CA$3.6bCA$2.4b-CA$105,416,268.0015.4x-34x1.5x
Thu, 22 Dec 2022CA$3.4bCA$2.4b-CA$108,643,643.0013x-31.2x1.4x
Sat, 19 Nov 2022CA$3.3bCA$2.4b-CA$107,835,007.0013.4x-30.8x1.4x
Mon, 17 Oct 2022CA$3.5bCA$2.2b-CA$154,145,336.0012.5x-22.8x1.6x
Wed, 14 Sep 2022CA$3.8bCA$2.1b-CA$7,108,854.0039.7x-538.9x1.8x
Fri, 12 Aug 2022CA$3.8bCA$2.0b-CA$12,543,381.0037x-300.3x1.9x
Sun, 10 Jul 2022CA$3.3bCA$2.0b-CA$14,724,239.0035.1x-225.3x1.7x
Price to Earnings Ratio

-225.3x


Total Market Cap: CA$3.3bTotal Earnings: -CA$14,724,239.00Total Revenue: CA$2.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Communications Equipment Industry Price to Earnings3Y Average 83.7x202320242025
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 60.6x which is lower than its 3-year average PE of 83.5x.
  • The 3-year average PS ratio of 1.4x is higher than the industry's current PS ratio of 1.2x.
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 9.7% 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 Market0.87%
Tech3.22%
Communications1.79%
Communications Equipment1.79%
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$12.473.8%
+CA$34.8m
2.2%PE15.9x
STC Sangoma TechnologiesCA$8.609.1%
+CA$24.1m
35.6%PS0.9x
HAI Haivision SystemsCA$5.2014.3%
+CA$18.0m
23.8%PS1.2x
QTRH QuarterhillCA$1.414.4%
+CA$7.0m
-22.1%PS0.8x
VCM Vecima NetworksCA$9.401.5%
+CA$3.4m
-55.1%PE61.8x

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