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Canadian (TSX) Telecom Sector Analysis

UpdatedOct 09, 2024
DataAggregated Company Financials
Companies41
  • 7D-2.1%
  • 3M7.8%
  • 1Y-4.0%
  • YTD-10.7%

Over the last 7 days, the Telecom industry has dropped 2.6%, driven by a pullback from BCE of 2.6%. On the other hand PopReach is actually up 48%. Over the last year, the industry has been flat overall. As for the next few years, earnings are expected to grow by 18% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 09 Oct 2024CA$117.7bCA$80.2bCA$4.4b9.8x26.7x1.5x
Fri, 06 Sep 2024CA$120.7bCA$80.2bCA$4.5b9.6x27x1.5x
Sun, 04 Aug 2024CA$119.1bCA$80.4bCA$4.5b7.9x26.5x1.5x
Tue, 02 Jul 2024CA$110.0bCA$81.8bCA$3.5b8.6x31.2x1.3x
Thu, 30 May 2024CA$116.0bCA$81.8bCA$3.6b9.5x32.3x1.4x
Sat, 27 Apr 2024CA$113.3bCA$82.3bCA$3.7b10x30.7x1.4x
Mon, 25 Mar 2024CA$117.0bCA$81.4bCA$4.0b11.1x29.4x1.4x
Wed, 21 Feb 2024CA$128.7bCA$81.1bCA$4.0b11.5x31.8x1.6x
Fri, 19 Jan 2024CA$155.6bCA$85.4bCA$5.0b12.8x31.3x1.8x
Sun, 17 Dec 2023CA$151.9bCA$85.4bCA$5.0b11.6x30.3x1.8x
Tue, 14 Nov 2023CA$147.1bCA$86.2bCA$5.4b11.4x27x1.7x
Thu, 12 Oct 2023CA$144.0bCA$84.1bCA$5.8b10.8x24.7x1.7x
Sat, 09 Sep 2023CA$147.2bCA$84.1bCA$5.8b12.1x25.2x1.7x
Mon, 07 Aug 2023CA$149.4bCA$83.9bCA$6.4b10.8x23.5x1.8x
Wed, 05 Jul 2023CA$160.5bCA$81.8bCA$7.3b9.8x22.1x2x
Fri, 02 Jun 2023CA$158.4bCA$81.9bCA$7.8b9.4x20.3x1.9x
Sun, 30 Apr 2023CA$170.7bCA$81.0bCA$8.1b13.5x21.1x2.1x
Tue, 28 Mar 2023CA$160.7bCA$81.2bCA$8.1b12.2x19.8x2x
Thu, 23 Feb 2023CA$163.9bCA$81.2bCA$8.3b14.9x19.9x2x
Sat, 21 Jan 2023CA$165.1bCA$80.1bCA$8.7b14.6x19.1x2.1x
Mon, 19 Dec 2022CA$157.5bCA$80.1bCA$8.7b13.8x18x2x
Wed, 16 Nov 2022CA$159.6bCA$80.3bCA$8.6b10.2x18.5x2x
Fri, 14 Oct 2022CA$145.6bCA$79.1bCA$8.7b7.4x16.8x1.8x
Sun, 11 Sep 2022CA$160.7bCA$79.1bCA$8.7b8.6x18.5x2x
Tue, 09 Aug 2022CA$161.4bCA$78.3bCA$8.2b10.1x19.6x2.1x
Thu, 07 Jul 2022CA$166.0bCA$77.4bCA$8.1b11.5x20.5x2.1x
Sat, 04 Jun 2022CA$112.5bCA$53.8bCA$5.3b11.6x21.3x2.1x
Mon, 02 May 2022CA$180.9bCA$77.0bCA$8.0b12.5x22.6x2.3x
Wed, 30 Mar 2022CA$181.4bCA$76.5bCA$8.0b12.5x22.6x2.4x
Fri, 25 Feb 2022CA$177.2bCA$76.4bCA$8.3b12x21.2x2.3x
Sun, 23 Jan 2022CA$170.8bCA$75.6bCA$8.1b12.2x21.2x2.3x
Tue, 21 Dec 2021CA$171.7bCA$75.4bCA$8.0b11.4x21.5x2.3x
Thu, 18 Nov 2021CA$171.8bCA$74.6bCA$7.6b14.3x22.5x2.3x
Sat, 16 Oct 2021CA$170.0bCA$73.7bCA$7.5b13.6x22.7x2.3x
Price to Earnings Ratio

22.7x


Total Market Cap: CA$170.0bTotal Earnings: CA$7.5bTotal Revenue: CA$73.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Telecom Sector Price to Earnings3Y Average 23.7x202220232024
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 26.7x which is higher than its 3-year average PE of 23.7x.
  • The 3-year average PS ratio of 1.9x is higher than the industry's current PS ratio of 1.5x.
Past Earnings Growth
  • The earnings for companies in the Communication Services industry have declined 16% per year over the last three years.
  • Meanwhile revenues for these companies have grown 2.9% per year.
  • This means that although more sales are being generated, 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-0.25%
Telecom-2.14%
Entertainment-0.22%
Media-0.69%
Wireless Telecom-1.03%
Interactive Media and Services-1.55%
Telecom Services and Carriers-2.53%
Industry PE
  • Investors are most optimistic about the Wireless Telecom industry which is trading above its 3-year average PE ratio of 23.4x.
    • Analysts are expecting annual earnings growth of 24.7%, which is higher than its past year's earnings decline of 41.4% per year.
Forecasted Growth
  • Analysts are most optimistic on the Entertainment industry, expecting annual earnings growth of 111% over the next 5 years.
  • In contrast, the Telecom Services and Carriers industry is expected to see its earnings grow by 15% 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
INIK PopReachCA$0.1747.8%
+CA$16.2m		-5.6%PS0.2x
READ LegibleCA$0.1075.0%
+CA$6.2m		-25.0%PS268.9x
ILLM illumin HoldingsCA$1.804.7%
+CA$4.3m		3.4%PS0.8x
RAY.A Stingray GroupCA$7.490.8%
+CA$4.2m		66.4%PS1.5x
SBIO Sabio HoldingsCA$0.5515.8%
+CA$3.8m		48.6%PS0.5x
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Latest News

INIK

CA$0.17

PopReach

7D

47.8%

1Y

-5.6%

ILLM

CA$1.80

illumin Holdings

7D

4.7%

1Y

3.4%

RAY.A

CA$7.49

Stingray Group

7D

0.8%

1Y

66.4%

T

CA$22.05

TELUS

7D

-2.6%

1Y

-2.7%

The Price Is Right For TELUS Corporation (TSE:T)

Oct 02
The Price Is Right For TELUS Corporation (TSE:T)

RCI.B

CA$52.59

Rogers Communications

7D

-1.0%

1Y

-1.2%

Earnings Tell The Story For Rogers Communications Inc. (TSE:RCI.B)

Oct 02
Earnings Tell The Story For Rogers Communications Inc. (TSE:RCI.B)

OAM

CA$0.28

OverActive Media

7D

7.7%

1Y

69.7%

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Oct 02
Why Investors Shouldn't Be Surprised By OverActive Media Corp.'s (CVE:OAM) 30% Share Price Surge

FORA

CA$8.29

VerticalScope Holdings

7D

-4.9%

1Y

41.7%

SBIO

CA$0.55

Sabio Holdings

7D

15.8%

1Y

48.6%

Even With A 25% Surge, Cautious Investors Are Not Rewarding Sabio Holdings Inc.'s (CVE:SBIO) Performance Completely

Sep 25
Even With A 25% Surge, Cautious Investors Are Not Rewarding Sabio Holdings Inc.'s (CVE:SBIO) Performance Completely

BCE

CA$45.77

BCE

7D

-2.6%

1Y

-11.3%

CCA

CA$67.88

Cogeco Communications

7D

-5.3%

1Y

11.6%

CGO

CA$58.80

Cogeco

7D

-2.2%

1Y

19.7%

READ

CA$0.10

Legible

7D

75.0%

1Y

-25.0%

HOLD

CA$0.075

Immutable Holdings

7D

7.1%

1Y

-34.8%

BRMI

CA$0.94

Boat Rocker Media

7D

1.1%

1Y

-45.3%

CGX

CA$10.45

Cineplex

7D

-0.8%

1Y

14.8%

QBR.A

CA$35.57

Quebecor

7D

-0.8%

1Y

18.0%