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Canadian (TSX) Telecom Sector Analysis

UpdatedJan 20, 2025
DataAggregated Company Financials
Companies40
  • 7D-0.03%
  • 3M-19.4%
  • 1Y-29.5%
  • YTD-1.9%

In the last week, Telecom has been flat. Unfortunately though, the industry is down 29% over the past 12 months. As for the next few years, earnings are expected to grow by 38% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 20 Jan 2025CA$97.2bCA$79.9bCA$3.3b10x29.1x1.2x
Wed, 18 Dec 2024CA$100.9bCA$79.9bCA$3.3b10.6x30.2x1.3x
Fri, 15 Nov 2024CA$108.2bCA$80.0bCA$3.3b10.5x33.2x1.4x
Sun, 13 Oct 2024CA$117.6bCA$80.2bCA$4.4b11.3x26.6x1.5x
Tue, 10 Sep 2024CA$122.4bCA$80.2bCA$4.4b9.5x27.6x1.5x
Thu, 08 Aug 2024CA$119.2bCA$80.4bCA$4.5b7.9x26.5x1.5x
Sat, 06 Jul 2024CA$108.9bCA$81.8bCA$3.5b8.7x30.9x1.3x
Mon, 03 Jun 2024CA$117.2bCA$81.8bCA$3.6b9.5x32.6x1.4x
Wed, 01 May 2024CA$113.9bCA$82.3bCA$3.7b10x30.9x1.4x
Fri, 29 Mar 2024CA$117.4bCA$81.5bCA$3.9b10.6x29.8x1.4x
Sun, 25 Feb 2024CA$128.0bCA$81.4bCA$4.0b10.6x31.7x1.6x
Tue, 23 Jan 2024CA$154.8bCA$85.4bCA$5.0b14.9x31.2x1.8x
Thu, 21 Dec 2023CA$148.0bCA$85.4bCA$5.0b12.2x29.6x1.7x
Sat, 18 Nov 2023CA$149.5bCA$85.4bCA$5.1b14.3x29.5x1.7x
Mon, 16 Oct 2023CA$142.3bCA$84.1bCA$5.8b10.4x24.4x1.7x
Wed, 13 Sep 2023CA$147.3bCA$84.1bCA$5.8b11.1x25.2x1.8x
Fri, 11 Aug 2023CA$152.0bCA$84.1bCA$6.4b10.1x23.9x1.8x
Sun, 09 Jul 2023CA$159.3bCA$81.8bCA$7.3b9.9x21.9x1.9x
Tue, 06 Jun 2023CA$158.5bCA$81.9bCA$7.8b9.7x20.3x1.9x
Thu, 04 May 2023CA$170.2bCA$81.0bCA$8.1b13.3x21x2.1x
Sat, 01 Apr 2023CA$161.4bCA$80.9bCA$8.1b12.7x20x2x
Mon, 27 Feb 2023CA$162.8bCA$81.2bCA$8.2b15.4x19.8x2x
Wed, 25 Jan 2023CA$166.3bCA$80.1bCA$8.7b14.6x19.2x2.1x
Fri, 23 Dec 2022CA$156.4bCA$80.1bCA$8.7b13.6x17.9x2x
Sun, 20 Nov 2022CA$162.6bCA$80.1bCA$8.8b9.4x18.6x2x
Tue, 18 Oct 2022CA$147.3bCA$79.1bCA$8.7b7.4x17x1.9x
Thu, 15 Sep 2022CA$156.2bCA$79.1bCA$8.7b8.1x18x2x
Sat, 13 Aug 2022CA$165.4bCA$78.3bCA$8.3b9.5x20x2.1x
Mon, 11 Jul 2022CA$164.0bCA$77.4bCA$8.1b11.1x20.2x2.1x
Wed, 08 Jun 2022CA$176.0bCA$77.4bCA$8.2b11.4x21.4x2.3x
Fri, 06 May 2022CA$178.6bCA$77.0bCA$8.0b12.2x22.3x2.3x
Sun, 03 Apr 2022CA$186.1bCA$76.7bCA$8.0b12.4x23.2x2.4x
Tue, 01 Mar 2022CA$177.5bCA$76.4bCA$8.3b11.9x21.3x2.3x
Thu, 27 Jan 2022CA$170.6bCA$75.6bCA$8.1b12.2x21.2x2.3x
Price to Earnings Ratio

21.2x


Total Market Cap: CA$170.6bTotal Earnings: CA$8.1bTotal Revenue: CA$75.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Telecom Sector Price to Earnings3Y Average 24.4x202320242025
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 29.1x which is higher than its 3-year average PE of 24.4x.
  • The 3-year average PS ratio of 1.8x 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 Market1.22%
Telecom-0.026%
Interactive Media and Services6.53%
Telecom Services and Carriers0.69%
Entertainment0.51%
Media-1.49%
Wireless Telecom-2.44%
Industry PE
  • Investors are most optimistic about the Telecom Services and Carriers industry which is trading above its 3-year average PE ratio of 23.2x.
    • Analysts are expecting annual earnings growth of 43.4%, which is higher than its past year's earnings growth of 2.2% per year.
Forecasted Growth
  • Analysts are most optimistic on the Interactive Media and Services industry, expecting annual earnings growth of 84% 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 20% 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
T TELUSCA$20.141.4%
+CA$405.1m		-17.9%PE32.7x
BCE BCECA$33.500.4%
+CA$109.5m		-39.3%PE363.8x
PNC.B Postmedia Network CanadaCA$1.4136.9%
+CA$37.6m		6.8%PS0.3x
SQG Spackman Equities GroupCA$3.582.3%
+CA$20.2m		n/an/a
ILLM illumin HoldingsCA$2.4210.0%
+CA$11.2m		38.3%PS1x
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