Investing IdeasBrowse All StocksMarkets

Have your own idea? Try our Stock Screener

Header cover image

Canadian (TSX) Telecom Services and Carriers Industry Analysis

UpdatedDec 30, 2024
DataAggregated Company Financials
Companies8
  • 7D-1.9%
  • 3M-20.9%
  • 1Y-25.0%
  • YTD-26.5%

Over the last 7 days, the Telecom Services and Carriers industry has dropped 1.9%, driven by a pullback from TELUS of 2.3%. However, the industry is down 25% over the past year. As for the next few years, earnings are expected to grow by 43% per annum.

Industry Valuation and Performance

Has the Canadian Telecom Services and Carriers Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 30 Dec 2024CA$70.9bCA$56.8bCA$2.2b9.4x32.4x1.2x
Wed, 27 Nov 2024CA$78.1bCA$56.8bCA$2.2b9.5x35.7x1.4x
Fri, 25 Oct 2024CA$88.0bCA$56.9bCA$3.9b9.9x22.3x1.5x
Sun, 22 Sep 2024CA$89.7bCA$56.9bCA$3.9b9.7x22.8x1.6x
Tue, 20 Aug 2024CA$87.2bCA$56.9bCA$3.9b9.4x22.1x1.5x
Thu, 18 Jul 2024CA$83.2bCA$57.0bCA$3.8b8.7x22x1.5x
Sat, 15 Jun 2024CA$84.9bCA$57.0bCA$3.7b9.2x22.7x1.5x
Mon, 13 May 2024CA$85.3bCA$57.0bCA$3.7b9.8x22.8x1.5x
Wed, 10 Apr 2024CA$83.6bCA$56.9bCA$4.1b9.5x20.2x1.5x
Fri, 08 Mar 2024CA$88.5bCA$54.0bCA$3.8b11.1x23.4x1.6x
Sun, 04 Feb 2024CA$92.4bCA$53.5bCA$3.9b12.4x23.8x1.7x
Tue, 02 Jan 2024CA$91.2bCA$53.5bCA$3.9b12.6x23.4x1.7x
Thu, 30 Nov 2023CA$92.4bCA$53.5bCA$3.9b11.4x23.7x1.7x
Sat, 28 Oct 2023CA$86.9bCA$52.8bCA$4.3b15.6x20.3x1.6x
Mon, 25 Sep 2023CA$91.1bCA$52.8bCA$4.3b16.2x21.3x1.7x
Wed, 23 Aug 2023CA$84.4bCA$44.9bCA$3.6b24.9x23.6x1.9x
Fri, 21 Jul 2023CA$89.0bCA$44.1bCA$4.0b24.3x22.4x2x
Sun, 18 Jun 2023CA$92.9bCA$44.1bCA$4.0b25.7x23.4x2.1x
Tue, 16 May 2023CA$99.1bCA$44.1bCA$4.0b27.7x25x2.2x
Thu, 13 Apr 2023CA$99.0bCA$43.3bCA$4.3b25.2x23.1x2.3x
Sat, 11 Mar 2023CA$92.9bCA$43.2bCA$4.3b21.7x21.5x2.1x
Mon, 06 Feb 2023CA$97.9bCA$42.7bCA$4.7b20.5x20.7x2.3x
Wed, 04 Jan 2023CA$93.1bCA$42.5bCA$4.8b16.1x19.3x2.2x
Fri, 02 Dec 2022CA$99.7bCA$42.5bCA$4.8b17.7x20.7x2.3x
Sun, 30 Oct 2022CA$97.9bCA$41.9bCA$4.7b21x20.8x2.3x
Tue, 27 Sep 2022CA$95.9bCA$41.9bCA$4.7b13.9x20.4x2.3x
Thu, 25 Aug 2022CA$101.8bCA$41.9bCA$4.7b15.3x21.7x2.4x
Sat, 23 Jul 2022CA$98.3bCA$41.5bCA$4.7b15.2x20.9x2.4x
Mon, 20 Jun 2022CA$97.1bCA$41.5bCA$4.7b15.8x20.6x2.3x
Wed, 18 May 2022CA$108.0bCA$41.5bCA$4.7b18.5x22.9x2.6x
Fri, 15 Apr 2022CA$114.1bCA$41.1bCA$4.5b24.7x25.6x2.8x
Sun, 13 Mar 2022CA$111.2bCA$41.1bCA$4.7b23.6x23.8x2.7x
Tue, 08 Feb 2022CA$104.2bCA$40.7bCA$4.3b22.5x24.3x2.6x
Thu, 06 Jan 2022CA$102.4bCA$40.6bCA$4.3b21.7x23.6x2.5x
Price to Earnings Ratio

23.6x


Total Market Cap: CA$102.4bTotal Earnings: CA$4.3bTotal Revenue: CA$40.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Telecom Services and Carriers Industry Price to Earnings3Y Average 23x20232024
Current Industry PE
  • Investors are optimistic on the Canadian Telecom industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 32.4x which is higher than its 3-year average PE of 23.0x.
  • The 3-year average PS ratio of 2.0x is higher than the industry's current PS ratio of 1.2x.
Past Earnings Growth
  • The earnings for companies in the Telecom industry have declined 20% per year over the last three years.
  • Meanwhile revenues for these companies have grown 12% 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 industry?

CA Market0.87%
Telecom-1.07%
Telecom Services and Carriers-1.94%
Integrated Telecom Services-1.90%
Alternative Carriers-3.91%
Industry PE
  • Investors are most optimistic about the Alternative Carriers industry which is trading above its 3-year average PE ratio of 2.5x.
    • Analysts are expecting annual earnings decline of 108.5%, which is worse than the prior year's decline of 71.0%.
  • Investors are most pessimistic about the Integrated Telecom Services industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 23.2x.
Forecasted Growth
  • Analysts are most optimistic on the Integrated Telecom Services industry, expecting annual earnings growth of 46% over the next 5 years.
  • This is better than its past earnings growth rate of 11% per year.
  • In contrast, the Alternative Carriers industry is expected to see its earnings decline by 109% 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
QBR.A QuebecorCA$32.002.5%
+CA$184.2m		-6.5%PE10.4x
CCA Cogeco CommunicationsCA$66.770.4%
+CA$10.9m		12.5%PE8.4x
TSAT TelesatCA$23.610.5%
+CA$1.5m		70.8%PE6.8x
TGO TeraGoCA$1.220.8%
+CA$199.7k		-19.7%PS0.9x
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
Download on the App StoreGet it on Google Play
Popular Markets
USAUUKINCAZA
About UsCareersPlans & PricingLogin
Help CenterLatest CoveragePodcastsAffiliate ProgramBusiness & EnterpriseWhat's New
Financial Services GuideTerms and ConditionsPrivacy Policy
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

BCE

CA$32.65

BCE

7D

-0.5%

1Y

-37.4%

Is BCE (TSE:BCE) A Risky Investment?

Dec 26
Is BCE (TSE:BCE) A Risky Investment?

TSAT

CA$23.61

Telesat

7D

0.5%

1Y

70.8%

CGO

CA$57.46

Cogeco

7D

-0.4%

1Y

0.5%

T

CA$19.46

TELUS

7D

-1.5%

1Y

-17.5%

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

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

QBR.A

CA$32.00

Quebecor

7D

2.5%

1Y

-6.5%

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$66.77

Cogeco Communications

7D

0.4%

1Y

12.5%

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

TGO

CA$1.22

TeraGo

7D

0.8%

1Y

-19.7%