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Canadian (TSX) Communications Industry Analysis

UpdatedMay 18, 2025
DataAggregated Company Financials
Companies9
  • 7D2.2%
  • 3M-6.7%
  • 1Y-21.9%
  • YTD-15.9%

Over the last 7 days, the Communications industry has risen 2.2%, driven by gains from Evertz Technologies of 4.1%. However, the industry is down 22% over the past year. Earnings are forecast to grow by 34% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 18 May 2025CA$1.8bCA$1.5bCA$32.5m34.6x54.6x1.2x
Tue, 15 Apr 2025CA$1.6bCA$1.5bCA$44.4m21.8x35.6x1x
Thu, 13 Mar 2025CA$1.7bCA$1.5bCA$31.5m25.5x54x1.1x
Sat, 08 Feb 2025CA$2.0bCA$1.5bCA$41.1m15.2x47.4x1.3x
Mon, 06 Jan 2025CA$2.1bCA$1.5bCA$39.1m19.6x54.8x1.4x
Wed, 04 Dec 2024CA$2.1bCA$1.5bCA$46.6m21.3x44.2x1.3x
Fri, 01 Nov 2024CA$2.1bCA$1.5bCA$49.5m25x42.4x1.4x
Sun, 29 Sep 2024CA$2.1bCA$1.5bCA$51.1m23.6x40.2x1.4x
Tue, 27 Aug 2024CA$2.2bCA$1.5bCA$23.1m21.9x94.4x1.5x
Thu, 25 Jul 2024CA$2.2bCA$1.5bCA$10.8m21.7x201.2x1.4x
Sat, 22 Jun 2024CA$2.2bCA$1.5bCA$11.4m22.6x189.6x1.4x
Mon, 20 May 2024CA$2.3bCA$1.5bCA$12.6m22.6x179.8x1.5x
Wed, 17 Apr 2024CA$2.2bCA$1.5bCA$6.4m32.3x347.1x1.5x
Fri, 15 Mar 2024CA$2.2bCA$1.6bCA$49.7m20.9x45.1x1.4x
Sun, 11 Feb 2024CA$2.1bCA$1.6bCA$54.5m19.8x38.2x1.3x
Tue, 09 Jan 2024CA$3.7bCA$2.5bCA$5.9m22.5x621.4x1.4x
Thu, 07 Dec 2023CA$3.6bCA$2.5bCA$2.9m22.4x1230.6x1.4x
Sat, 04 Nov 2023CA$3.5bCA$2.5bCA$8.5m18.7x414.4x1.4x
Mon, 02 Oct 2023CA$3.6bCA$2.5bCA$9.1m23.6x389.8x1.4x
Wed, 30 Aug 2023CA$3.5bCA$2.5b-CA$110,105,927.0023.8x-32.2x1.4x
Fri, 28 Jul 2023CA$3.7bCA$2.4b-CA$183,092,026.0019.3x-20.1x1.6x
Sun, 25 Jun 2023CA$3.6bCA$2.4b-CA$182,933,063.0017.6x-19.7x1.5x
Tue, 23 May 2023CA$3.6bCA$2.3b-CA$185,286,607.0017.4x-19.4x1.5x
Thu, 20 Apr 2023CA$3.6bCA$2.4b-CA$121,946,344.0023x-29.4x1.5x
Sat, 18 Mar 2023CA$3.5bCA$2.4b-CA$114,229,837.0015.7x-31x1.5x
Mon, 13 Feb 2023CA$3.7bCA$2.4b-CA$100,025,350.0015.8x-36.9x1.5x
Wed, 11 Jan 2023CA$3.6bCA$2.4b-CA$106,149,155.0014.2x-33.9x1.5x
Fri, 09 Dec 2022CA$3.5bCA$2.4b-CA$108,412,649.0012.7x-32x1.4x
Sun, 06 Nov 2022CA$3.4bCA$2.2b-CA$148,297,311.0012.5x-22.7x1.5x
Tue, 04 Oct 2022CA$3.6bCA$2.2b-CA$150,320,287.0013.3x-23.7x1.6x
Thu, 01 Sep 2022CA$3.9bCA$2.1b-CA$5,337,112.0039.2x-723.1x1.8x
Sat, 30 Jul 2022CA$3.4bCA$2.0b-CA$13,081,660.0035.4x-263.6x1.7x
Mon, 27 Jun 2022CA$3.3bCA$2.0b-CA$14,455,292.0036.5x-230.3x1.7x
Wed, 25 May 2022CA$3.1bCA$2.0b-CA$21,505,311.0033.6x-145.6x1.6x
Price to Earnings Ratio

-145.6x


Total Market Cap: CA$3.1bTotal Earnings: -CA$21,505,311.00Total Revenue: CA$2.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Communications Industry Price to Earnings3Y Average 74.3x202320242025
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 54.6x which is lower than its 3-year average PE of 74.3x.
  • 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 industry have gone up over the last three years and the industry is now profitable.
  • Revenues have declined 9.0% 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 Market1.84%
Tech2.50%
Communications2.21%
Communications Equipment2.21%
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$11.974.1%
+CA$35.7m		-18.9%PE15.1x
QTRH QuarterhillCA$1.534.8%
+CA$8.1m		-8.4%PS0.8x
STC Sangoma TechnologiesCA$8.011.4%
+CA$3.7m		19.2%PS0.8x
HAI Haivision SystemsCA$4.470.9%
+CA$1.1m		-4.9%PE53.7x
NUR Nuran WirelessCA$0.09511.8%
+CA$681.9k		-24.0%PS1.5x
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Latest News

YTY

CA$0.015

Wi2Wi

7D

-25.0%

1Y

-40.0%

VCM

CA$10.00

Vecima Networks

7D

-2.0%

1Y

-54.5%

QTRH

CA$1.53

Quarterhill

7D

4.8%

1Y

-8.4%

DCSI

CA$3.12

Direct Communication Solutions

7D

0.6%

1Y

246.7%

STC

CA$8.01

Sangoma Technologies

7D

1.4%

1Y

19.2%

NUR

CA$0.095

Nuran Wireless

7D

11.8%

1Y

-24.0%

YFI

CA$0.05

Edgewater Wireless Systems

7D

-9.1%

1Y

-9.1%

CMI

CA$0.97

C-Com Satellite Systems

7D

-3.0%

1Y

-19.2%

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

May 01
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CTTT

CA$0.075

Critical Infrastructure Technologies

7D

-31.8%

1Y

n/a

VTI

CA$0.065

Valdor Technology International

7D

-7.1%

1Y

n/a

ET

CA$11.97

Evertz Technologies

7D

4.1%

1Y

-18.9%

HAI

CA$4.47

Haivision Systems

7D

0.9%

1Y

-4.9%

TTZ

CA$0.18

Total Telcom

7D

-2.7%

1Y

-36.8%