Canadian (TSX) Telecom Sector Analysis
- 7D-0.2%
- 3M-3.8%
- 1Y13.1%
- YTD11.6%
Over the last 7 days, the Telecom industry has remained flat. The past year has been better, since the industry has gained 13% in that time.
Sector Valuation and Performance
Has the Canadian Telecom Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Wed, 01 Dec 2021 | CA$169.7b | CA$75.4b | CA$8.0b | 12x |
| Fri, 29 Oct 2021 | CA$167.8b | CA$73.8b | CA$7.4b | 13.8x |
| Sun, 26 Sep 2021 | CA$172.3b | CA$73.7b | CA$7.5b | 13.6x |
| Tue, 24 Aug 2021 | CA$174.6b | CA$73.7b | CA$7.5b | 14.9x |
| Wed, 30 Jun 2021 | CA$171.0b | CA$73.7b | CA$7.5b | 14.6x |
| Sat, 03 Apr 2021 | CA$156.5b | CA$71.8b | CA$6.1b | 15.5x |
| Tue, 05 Jan 2021 | CA$143.6b | CA$70.6b | CA$6.0b | 13x |
| Fri, 09 Oct 2020 | CA$138.3b | CA$71.7b | CA$5.6b | 12.4x |
| Thu, 02 Jul 2020 | CA$136.2b | CA$71.9b | CA$6.1b | 12.3x |
| Sun, 05 Apr 2020 | CA$139.2b | CA$73.8b | CA$8.2b | 7.4x |
| Wed, 08 Jan 2020 | CA$152.7b | CA$73.5b | CA$8.5b | 15.9x |
| Tue, 01 Oct 2019 | CA$152.0b | CA$73.2b | CA$8.3b | 15.7x |
| Fri, 05 Jul 2019 | CA$151.2b | CA$72.9b | CA$8.3b | 16.7x |
| Mon, 08 Apr 2019 | CA$153.3b | CA$72.4b | CA$6.6b | 19x |
| Thu, 10 Jan 2019 | CA$132.7b | CA$67.5b | CA$6.2b | 16.9x |
17.9x
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 14.4x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Communication Services industry have grown 8.6% per year over the last three years, and revenues for these companies have grown 4.0% per year. This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Canadian Telecom sector?
| Telecom Services and Carriers | 0.57% | |
| Entertainment | -0.098% | |
| Media | -0.37% | |
| Interactive Media and Services | -0.93% | |
| Wireless Telecom | -2.43% | |
Industry PE: Investors are most optimistic about the Entertainment industry which is trading above its 3-year average PE ratio of 18.7x. This is likely because analysts are expecting annual earnings growth of 97%, which is higher than its past year's earnings decline of 14% per year. Meanwhile, investors are most pessimistic about the Interactive Media and Services industry, which is trading below its 3-year average of 38.6x.
Forecasted Growth: Analysts are most optimistic on the Entertainment industry, expecting annual earnings growth of 97% over the next 5 years. This is better than its past earnings decline of 14% per year. Meanwhile, the Media industry is expected to see its earnings growth to stay flat over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| T TELUS | 1.4%+CA$544.3m | 17.7% | PE31.6x | |
| SJR.B Shaw Communications | 1.7%+CA$319.3m | 64.9% | PE19x | |
| BCE BCE | 0.1%+CA$72.7m | 15.2% | PE21.3x | |
| FANS FansUnite Entertainment | 17.0%+CA$62.3m | -25.3% | PS53.6x | |
| CGO Cogeco | 4.3%+CA$52.8m | 2.1% | PE9.1x |