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Canadian (TSX) Communications Equipment Industry Analysis

UpdatedNov 05, 2025
DataAggregated Company Financials
Companies10
  • 7D-1.4%
  • 3M4.5%
  • 1Y-10.4%
  • YTDn/a

Over the last 7 days, the Communications Equipment industry has dropped 1.3%, driven by a pullback from Critical Infrastructure Technologies of 25%. The industry has fallen 11% in the last year. Earnings are forecast to grow by 27% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 05 Nov 2025CA$1.9bCA$1.5bCA$4.2m17.5x440.5x1.3x
Fri, 03 Oct 2025CA$1.8bCA$1.5bCA$5.3m15.7x344.3x1.2x
Sun, 31 Aug 2025CA$1.8bCA$1.5bCA$22.8m17.6x77x1.2x
Tue, 29 Jul 2025CA$1.8bCA$1.5bCA$28.9m18x61.1x1.2x
Thu, 26 Jun 2025CA$1.8bCA$1.5bCA$29.8m18.9x59x1.2x
Sat, 24 May 2025CA$1.7bCA$1.5bCA$33.1m33.7x52.6x1.2x
Mon, 21 Apr 2025CA$1.6bCA$1.5bCA$43.5m22.1x36.5x1.1x
Wed, 19 Mar 2025CA$1.7bCA$1.5bCA$46.2m25.5x37.4x1.1x
Fri, 14 Feb 2025CA$1.9bCA$1.5bCA$29.9m24x62.1x1.2x
Sun, 12 Jan 2025CA$2.1bCA$1.5bCA$39.2m19x53.7x1.4x
Tue, 10 Dec 2024CA$2.1bCA$1.5bCA$46.3m21x45.9x1.4x
Thu, 07 Nov 2024CA$2.1bCA$1.5bCA$49.4m23.8x41.8x1.4x
Sat, 05 Oct 2024CA$2.0bCA$1.5bCA$51.0m23.8x40.2x1.4x
Mon, 02 Sep 2024CA$2.2bCA$1.5bCA$23.2m21.9x94.5x1.5x
Wed, 31 Jul 2024CA$2.2bCA$1.5bCA$10.6m22.8x204.8x1.4x
Fri, 28 Jun 2024CA$2.1bCA$1.5bCA$11.5m22.3x181x1.4x
Sun, 26 May 2024CA$2.2bCA$1.5bCA$13.8m22.1x161.3x1.5x
Tue, 23 Apr 2024CA$2.2bCA$1.5bCA$7.0m23x312.4x1.4x
Thu, 21 Mar 2024CA$2.3bCA$1.5bCA$5.7m25.8x397.6x1.5x
Sat, 17 Feb 2024CA$2.2bCA$1.6bCA$49.8m21.2x43.3x1.4x
Mon, 15 Jan 2024CA$3.7bCA$2.5bCA$5.7m22.4x646.7x1.5x
Wed, 13 Dec 2023CA$3.7bCA$2.6bCA$5.2m22.7x713.5x1.4x
Fri, 10 Nov 2023CA$3.5bCA$2.6bCA$15.0m14.3x234.2x1.4x
Sun, 08 Oct 2023CA$3.5bCA$2.5bCA$8.9m22.9x396.9x1.4x
Tue, 05 Sep 2023CA$3.6bCA$2.5b-CA$100,541,191.0023.7x-35.7x1.4x
Thu, 03 Aug 2023CA$3.7bCA$2.4b-CA$184,596,860.0019.4x-20x1.6x
Sat, 01 Jul 2023CA$3.7bCA$2.4b-CA$183,544,246.0017.1x-20x1.6x
Mon, 29 May 2023CA$3.6bCA$2.4b-CA$186,225,357.0018x-19.2x1.5x
Wed, 26 Apr 2023CA$3.6bCA$2.4b-CA$125,113,753.0023x-28.5x1.5x
Fri, 24 Mar 2023CA$3.5bCA$2.4b-CA$124,882,302.0022.4x-28.2x1.4x
Sun, 19 Feb 2023CA$3.7bCA$2.4b-CA$101,508,369.0017.2x-36.6x1.5x
Tue, 17 Jan 2023CA$3.6bCA$2.4b-CA$105,876,482.0014.4x-34x1.5x
Thu, 15 Dec 2022CA$3.5bCA$2.4b-CA$107,959,252.0013.2x-32.3x1.5x
Sat, 12 Nov 2022CA$3.3bCA$2.3b-CA$106,770,596.0013.3x-31.1x1.4x
Price to Earnings Ratio

-31.1x


Total Market Cap: CA$3.3bTotal Earnings: -CA$106,770,596.00Total Revenue: CA$2.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Communications Equipment Industry Price to Earnings3Y Average 135.8x202320242025
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 438x which is higher than its 3-year average PE of 136x.
  • 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 14% 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-1.88%
Tech-4.63%
Communications-1.39%
Communications Equipment-1.39%
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$12.791.8%
+CA$17.9m		6.9%PE15.7x
STC Sangoma TechnologiesCA$6.981.0%
+CA$2.3m		-18.1%PS0.7x
IMI Ironman InternationalCA$0.1110.0%
+CA$1.7m		n/aPS3.2x
YFI Edgewater Wireless SystemsCA$0.0511.1%
+CA$1.2m		25.0%PE-5.4x

Latest News

ENA
CA$1.61
Enablence Technologies
7D
-13.0%
1Y
19.3%
CTTT
CA$0.92
Critical Infrastructure Technologies
7D
-24.6%
1Y
135.9%

Does Critical Infrastructure Technologies (CSE:CTTT) Have A Healthy Balance Sheet?

Nov 01
Does Critical Infrastructure Technologies (CSE:CTTT) Have A Healthy Balance Sheet?
QTRH
CA$1.04
Quarterhill
7D
-1.0%
1Y
-35.8%
STC
CA$6.98
Sangoma Technologies
7D
1.0%
1Y
-18.1%
VCM
CA$9.88
Vecima Networks
7D
-0.9%
1Y
-46.6%
YFI
CA$0.05
Edgewater Wireless Systems
7D
11.1%
1Y
25.0%
IMI
CA$0.11
Ironman International
7D
10.0%
1Y
n/a
DCSI
CA$2.00
Direct Communication Solutions
7D
-20.0%
1Y
-29.1%
ET
CA$12.79
Evertz Technologies
7D
1.8%
1Y
6.9%

Evertz Technologies (TSE:ET) Has Announced A Dividend Of CA$0.20

Sep 15
Evertz Technologies (TSE:ET) Has Announced A Dividend Of CA$0.20
HAI
CA$5.07
Haivision Systems
7D
-1.7%
1Y
6.5%

Transition To Manufacturing And Defense Tech Investments Will Drive Future Opportunities

Haivision Systems' consensus analyst price target was notably raised, driven by a near doubling of its future P/E multiple despite a substantial decline in net profit margin, resulting in a new fair value of CA$6.09. Valuation Changes Summary of Valuation Changes for Haivision Systems The Consensus Analyst Price Target has significantly risen from CA$4.96 to CA$6.09.
NVI
CA$0.075
Novra Technologies
7D
-21.1%
1Y
n/a
NUR
CA$0.02
Nuran Wireless
7D
-20.0%
1Y
-78.9%