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Canadian (TSX) Telecom Sector Analysis

UpdatedDec 21, 2024
DataAggregated Company Financials
Companies40
  • 7D-5.8%
  • 3M-19.1%
  • 1Y-23.4%
  • YTD-25.5%

Over the last 7 days, the Telecom industry has dropped 7.2%, driven by BCE declining 8.4%. In contrast, Spackman Equities Group has gained 18%. However, the industry is down 24% over the past year. Earnings are forecast to grow by 38% annually.

Sector Valuation and Performance

Has the Canadian Telecom Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 21 Dec 2024CA$98.0bCA$79.9bCA$3.3b10.6x29.4x1.2x
Mon, 18 Nov 2024CA$107.1bCA$80.0bCA$3.3b10.5x32.3x1.3x
Wed, 16 Oct 2024CA$118.3bCA$80.2bCA$4.4b11.3x26.8x1.5x
Fri, 13 Sep 2024CA$120.2bCA$80.2bCA$4.4b9.6x27x1.5x
Sun, 11 Aug 2024CA$119.9bCA$80.3bCA$4.5b9.4x26.5x1.5x
Tue, 09 Jul 2024CA$108.9bCA$81.8bCA$3.5b8.7x30.9x1.3x
Thu, 06 Jun 2024CA$118.4bCA$81.8bCA$3.6b9x33x1.4x
Sat, 04 May 2024CA$114.2bCA$81.8bCA$3.6b10.1x31.3x1.4x
Mon, 01 Apr 2024CA$116.7bCA$81.4bCA$3.9b10.6x29.6x1.4x
Wed, 28 Feb 2024CA$126.4bCA$81.4bCA$4.0b11.1x31.3x1.6x
Fri, 26 Jan 2024CA$154.6bCA$85.4bCA$5.0b14.8x31.1x1.8x
Sun, 24 Dec 2023CA$147.6bCA$85.4bCA$5.0b12.3x29.5x1.7x
Tue, 21 Nov 2023CA$149.8bCA$85.4bCA$5.0b15.8x29.8x1.8x
Thu, 19 Oct 2023CA$141.0bCA$84.1bCA$5.8b10.7x24.2x1.7x
Sat, 16 Sep 2023CA$148.3bCA$84.1bCA$5.8b11.2x25.6x1.8x
Mon, 14 Aug 2023CA$152.4bCA$84.1bCA$5.8b10.1x26.2x1.8x
Wed, 12 Jul 2023CA$156.9bCA$81.8bCA$7.3b9.7x21.6x1.9x
Fri, 09 Jun 2023CA$158.9bCA$81.9bCA$7.8b9.5x20.4x1.9x
Sun, 07 May 2023CA$168.0bCA$81.9bCA$7.8b13x21.6x2.1x
Tue, 04 Apr 2023CA$161.2bCA$80.9bCA$8.0b12.7x20x2x
Thu, 02 Mar 2023CA$161.9bCA$81.2bCA$8.2b15.4x19.7x2x
Sat, 28 Jan 2023CA$166.1bCA$80.1bCA$8.7b14.6x19.2x2.1x
Mon, 26 Dec 2022CA$156.8bCA$80.1bCA$8.7b13.6x17.9x2x
Wed, 23 Nov 2022CA$162.4bCA$80.1bCA$8.8b9.7x18.5x2x
Fri, 21 Oct 2022CA$149.6bCA$79.1bCA$8.7b7.4x17.2x1.9x
Sun, 18 Sep 2022CA$158.4bCA$79.1bCA$8.7b8.1x18.3x2x
Tue, 16 Aug 2022CA$165.4bCA$78.3bCA$8.3b9.9x20x2.1x
Thu, 14 Jul 2022CA$162.7bCA$77.4bCA$8.1b10.9x20.1x2.1x
Sat, 11 Jun 2022CA$169.8bCA$77.4bCA$8.2b12.1x20.7x2.2x
Mon, 09 May 2022CA$179.3bCA$77.4bCA$8.3b12.3x21.6x2.3x
Wed, 06 Apr 2022CA$187.7bCA$76.7bCA$8.0b12.3x23.4x2.4x
Fri, 04 Mar 2022CA$181.8bCA$76.4bCA$8.3b12.1x21.9x2.4x
Sun, 30 Jan 2022CA$174.6bCA$75.6bCA$8.1b12.3x21.6x2.3x
Tue, 28 Dec 2021CA$172.8bCA$75.4bCA$8.0b12x21.6x2.3x
Price to Earnings Ratio

21.6x


Total Market Cap: CA$172.8bTotal Earnings: CA$8.0bTotal Revenue: CA$75.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Telecom Sector Price to Earnings3Y Average 24.2x202220232024
Current Industry PE
  • Investors are optimistic on the Canadian Communication Services industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 29.7x which is higher than its 3-year average PE of 24.2x.
  • The 3-year average PS ratio of 1.9x is higher than the industry's current PS ratio of 1.2x.
Past Earnings Growth
  • The earnings for companies in the Communication Services industry have declined 25% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Canadian Telecom sector?

CA Market-2.58%
Telecom-5.78%
Entertainment10.11%
Interactive Media and Services-2.60%
Media-4.61%
Telecom Services and Carriers-5.58%
Wireless Telecom-7.05%
Industry PE
  • Investors are most optimistic about the Telecom Services and Carriers industry which is trading above its 3-year average PE ratio of 22.9x.
    • Analysts are expecting annual earnings growth of 43.6%, which is higher than its past year's earnings decline of 1.9% per year.
Forecasted Growth
  • Analysts are most optimistic on the Interactive Media and Services industry, expecting annual earnings growth of 83% over the next 5 years.
  • This is better than its past earnings decline of 47% per year.
  • In contrast, the Wireless Telecom industry is expected to see its earnings grow by 21% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
SQG Spackman Equities GroupCA$2.0017.6%
+CA$75.6m		n/an/a
WILD WildBrainCA$1.539.3%
+CA$27.5m		41.7%PS0.7x
TSAT TelesatCA$24.563.2%
+CA$10.8m		83.6%PE7x
TNJ Boba Mint HoldingsCA$0.10100.0%
+CA$2.3m		n/aPE-0.8x
GVC Glacier MediaCA$0.157.1%
+CA$1.3m		42.9%PS0.1x
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Latest News

TSAT

CA$24.56

Telesat

7D

3.2%

1Y

83.6%

WILD

CA$1.53

WildBrain

7D

9.3%

1Y

41.7%

BCE

CA$33.28

BCE

7D

-8.4%

1Y

-35.3%

CGO

CA$57.66

Cogeco

7D

-4.7%

1Y

2.6%

CGX

CA$12.35

Cineplex

7D

-4.0%

1Y

45.1%

Investors Still Aren't Entirely Convinced By Cineplex Inc.'s (TSE:CGX) Revenues Despite 28% Price Jump

Dec 12
Investors Still Aren't Entirely Convinced By Cineplex Inc.'s (TSE:CGX) Revenues Despite 28% Price Jump

TNJ

CA$0.10

Boba Mint Holdings

7D

100.0%

1Y

n/a

RCI.B

CA$44.19

Rogers Communications

7D

-7.0%

1Y

-27.7%

T

CA$19.92

TELUS

7D

-3.9%

1Y

-14.5%

Is TELUS (TSE:T) Using Too Much Debt?

Dec 05
Is TELUS (TSE:T) Using Too Much Debt?

QBR.A

CA$32.45

Quebecor

7D

-1.7%

1Y

-4.0%

Returns At Quebecor (TSE:QBR.A) Appear To Be Weighed Down

Dec 05
Returns At Quebecor (TSE:QBR.A) Appear To Be Weighed Down

CCA

CA$66.36

Cogeco Communications

7D

-5.4%

1Y

15.6%

These 4 Measures Indicate That Cogeco Communications (TSE:CCA) Is Using Debt Extensively

Dec 03
These 4 Measures Indicate That Cogeco Communications (TSE:CCA) Is Using Debt Extensively

YOO

CA$0.035

YANGAROO

7D

16.7%

1Y

-22.2%

RAY.A

CA$7.41

Stingray Group

7D

-5.0%

1Y

35.0%

SBIO

CA$0.48

Sabio Holdings

7D

4.3%

1Y

74.5%

USS

CA$0.20

Uniserve Communications

7D

21.2%

1Y

122.2%

GVC

CA$0.15

Glacier Media

7D

7.1%

1Y

42.9%

Glacier Media Inc.'s (TSE:GVC) Shares Climb 38% But Its Business Is Yet to Catch Up

Nov 13
Glacier Media Inc.'s (TSE:GVC) Shares Climb 38% But Its Business Is Yet to Catch Up