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Canadian (TSX) Communications Industry Analysis

UpdatedMay 08, 2025
DataAggregated Company Financials
Companies9
  • 7D2.9%
  • 3M-11.5%
  • 1Y-19.2%
  • YTD-18.6%

The Communications industry is up 2.9% in the last week, with Evertz Technologies up 1.9%. In the same time, C-Com Satellite Systems was down 8.8%. However, the industry is down 19% over the past year. As for the next few years, earnings are expected to grow by 25% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 08 May 2025CA$1.7bCA$1.5bCA$43.6m23.6x39.1x1.1x
Sat, 05 Apr 2025CA$1.6bCA$1.5bCA$44.1m21.4x35.6x1x
Mon, 03 Mar 2025CA$1.8bCA$1.5bCA$29.1m25.5x62.2x1.2x
Wed, 29 Jan 2025CA$2.1bCA$1.5bCA$38.8m17.4x55x1.4x
Fri, 27 Dec 2024CA$2.1bCA$1.5bCA$39.2m18.8x53.3x1.4x
Sun, 24 Nov 2024CA$2.1bCA$1.5bCA$46.8m21.1x43.9x1.3x
Tue, 22 Oct 2024CA$2.1bCA$1.5bCA$49.7m24.8x42.1x1.4x
Thu, 19 Sep 2024CA$2.1bCA$1.5bCA$17.8m21.4x117.1x1.4x
Sat, 17 Aug 2024CA$2.1bCA$1.5bCA$21.9m21.9x96.9x1.4x
Mon, 15 Jul 2024CA$2.1bCA$1.5bCA$11.8m22.4x181.3x1.4x
Wed, 12 Jun 2024CA$2.3bCA$1.5bCA$13.3m22.8x173.9x1.5x
Fri, 10 May 2024CA$2.1bCA$1.5bCA$6.4m22.8x332x1.4x
Sun, 07 Apr 2024CA$2.3bCA$1.5bCA$7.1m30.8x320.7x1.5x
Tue, 05 Mar 2024CA$2.2bCA$1.6bCA$49.6m20x44.2x1.4x
Thu, 01 Feb 2024CA$3.7bCA$2.5bCA$9.3m20.8x403.7x1.5x
Sat, 30 Dec 2023CA$3.7bCA$2.5bCA$6.2m21.7x590.7x1.4x
Mon, 27 Nov 2023CA$3.5bCA$2.5bCA$2.9m22.3x1215.3x1.4x
Wed, 25 Oct 2023CA$3.5bCA$2.5bCA$8.5m18.6x411.7x1.4x
Fri, 22 Sep 2023CA$3.5bCA$2.5b-CA$92,539,712.0024.4x-38.1x1.4x
Sun, 20 Aug 2023CA$3.6bCA$2.5b-CA$109,974,663.0021.8x-32.8x1.4x
Tue, 18 Jul 2023CA$3.6bCA$2.4b-CA$182,952,602.0019.9x-19.9x1.5x
Thu, 15 Jun 2023CA$3.6bCA$2.4b-CA$183,941,824.0017.2x-19.3x1.5x
Sat, 13 May 2023CA$3.6bCA$2.3b-CA$186,759,015.0017.1x-19.2x1.5x
Mon, 10 Apr 2023CA$3.6bCA$2.4b-CA$122,620,735.0023.2x-29x1.5x
Wed, 08 Mar 2023CA$3.7bCA$2.4b-CA$113,475,777.0017x-32.3x1.5x
Fri, 03 Feb 2023CA$3.7bCA$2.4b-CA$105,979,507.0017.1x-34.8x1.5x
Sun, 01 Jan 2023CA$3.4bCA$2.4b-CA$107,738,397.0013.6x-32x1.4x
Tue, 29 Nov 2022CA$3.4bCA$2.4b-CA$109,303,299.0013.9x-31.4x1.4x
Thu, 27 Oct 2022CA$3.4bCA$2.2b-CA$148,601,492.0012.9x-22.9x1.5x
Sat, 24 Sep 2022CA$3.6bCA$2.2b-CA$15,789,052.0013.8x-227.7x1.6x
Mon, 22 Aug 2022CA$3.8bCA$2.1b-CA$5,463,512.0038.4x-698.1x1.8x
Wed, 20 Jul 2022CA$3.4bCA$2.0b-CA$15,399,692.0035.1x-218.3x1.7x
Fri, 17 Jun 2022CA$3.0bCA$2.0b-CA$23,613,171.0034.5x-128.6x1.5x
Sun, 15 May 2022CA$3.3bCA$2.0b-CA$24,092,634.0036.9x-135.8x1.7x
Price to Earnings Ratio

-135.8x


Total Market Cap: CA$3.3bTotal Earnings: -CA$24,092,634.00Total Revenue: CA$2.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Communications Industry Price to Earnings3Y Average 73.1x202320242025
Current Industry PE
  • Investors are pessimistic on the Canadian Communications 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 39.1x which is lower than its 3-year average PE of 73.1x.
  • The 3-year average PS ratio of 1.5x is higher than the industry's current PS ratio of 1.1x.
Past Earnings Growth
  • Total earnings for the Communications industry have gone up over the last three years and the industry is now profitable.
  • Revenues have declined 8.8% 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 Trends

Which industries have driven the changes within the Canadian Tech industry?

CA Market1.49%
Tech2.54%
Communications2.92%
Communications Equipment2.92%
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$11.181.9%
+CA$15.9m		-20.1%PE14.1x
STC Sangoma TechnologiesCA$8.104.7%
+CA$12.1m		43.4%PS0.8x
VCM Vecima NetworksCA$10.404.7%
+CA$11.3m		-48.0%PE30.4x
HAI Haivision SystemsCA$4.428.9%
+CA$10.1m		1.4%PE53.1x
VTI Valdor Technology InternationalCA$0.07100.0%
+CA$4.7m		n/aPS12.5x
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Latest News

DCSI

CA$3.10

Direct Communication Solutions

7D

-4.6%

1Y

273.5%

NUR

CA$0.087

Nuran Wireless

7D

-2.8%

1Y

-32.7%

VCM

CA$10.40

Vecima Networks

7D

4.7%

1Y

-48.0%

Vecima Networks (TSE:VCM) Seems To Use Debt Quite Sensibly

May 02
Vecima Networks (TSE:VCM) Seems To Use Debt Quite Sensibly

QTRH

CA$1.45

Quarterhill

7D

2.8%

1Y

-14.2%

CMI

CA$0.93

C-Com Satellite Systems

7D

-8.8%

1Y

-23.1%

Should Shareholders Reconsider C-Com Satellite Systems Inc.'s (CVE:CMI) CEO Compensation Package?

May 01
Should Shareholders Reconsider C-Com Satellite Systems Inc.'s (CVE:CMI) CEO Compensation Package?

NVI

CA$0.055

Novra Technologies

7D

-26.7%

1Y

-21.4%

STC

CA$8.10

Sangoma Technologies

7D

4.7%

1Y

43.4%

CTTT

CA$0.11

Critical Infrastructure Technologies

7D

-4.3%

1Y

n/a

VTI

CA$0.07

Valdor Technology International

7D

100.0%

1Y

n/a

YTY

CA$0.02

Wi2Wi

7D

-20.0%

1Y

-33.3%

ET

CA$11.18

Evertz Technologies

7D

1.9%

1Y

-20.1%

HAI

CA$4.42

Haivision Systems

7D

8.9%

1Y

1.4%

TTZ

CA$0.20

Total Telcom

7D

2.6%

1Y

-31.6%