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Canadian (TSX) Telecom Services and Carriers Industry Analysis

UpdatedDec 02, 2023
DataAggregated Company Financials
Companies8
  • 7D2.0%
  • 3M-0.6%
  • 1Y-12.3%
  • YTD-6.9%

The Telecom Services and Carriers is pretty flat in the last 7 days, but TELUS has stood out, gaining 3.8%. Unfortunately though, the industry is down 14% over the past 12 months. As for the next few years, earnings are expected to grow by 17% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 02 Dec 2023CA$92.9bCA$53.5bCA$3.9b11.5x23.8x1.7x
Mon, 30 Oct 2023CA$86.4bCA$52.8bCA$4.3b11.1x20.2x1.6x
Wed, 27 Sep 2023CA$88.7bCA$52.8bCA$4.3b16x20.8x1.7x
Fri, 25 Aug 2023CA$86.5bCA$44.9bCA$3.6b25.5x24.2x1.9x
Sun, 23 Jul 2023CA$90.1bCA$44.1bCA$4.0b24.8x22.7x2x
Tue, 20 Jun 2023CA$92.7bCA$44.1bCA$4.0b25.7x23.3x2.1x
Thu, 18 May 2023CA$97.6bCA$44.1bCA$4.0b27.2x24.6x2.2x
Sat, 15 Apr 2023CA$99.4bCA$43.3bCA$4.3b25.2x23.1x2.3x
Mon, 13 Mar 2023CA$92.9bCA$43.2bCA$4.3b21.7x21.5x2.1x
Wed, 08 Feb 2023CA$96.6bCA$42.7bCA$4.7b20.2x20.4x2.3x
Fri, 06 Jan 2023CA$94.1bCA$42.5bCA$4.8b17x19.5x2.2x
Sun, 04 Dec 2022CA$99.5bCA$42.5bCA$4.8b19.4x20.6x2.3x
Tue, 01 Nov 2022CA$97.1bCA$41.9bCA$4.7b20.8x20.7x2.3x
Thu, 29 Sep 2022CA$96.2bCA$41.9bCA$4.7b13.9x20.5x2.3x
Sat, 27 Aug 2022CA$101.5bCA$41.9bCA$4.7b15.3x21.6x2.4x
Mon, 25 Jul 2022CA$98.6bCA$41.5bCA$4.7b14.5x20.9x2.4x
Wed, 22 Jun 2022CA$97.8bCA$41.5bCA$4.7b15.9x20.8x2.4x
Fri, 20 May 2022CA$106.7bCA$41.5bCA$4.7b19x22.6x2.6x
Sun, 17 Apr 2022CA$114.1bCA$41.1bCA$4.5b24.7x25.6x2.8x
Tue, 15 Mar 2022CA$108.2bCA$41.1bCA$4.7b22.8x23.2x2.6x
Thu, 10 Feb 2022CA$104.5bCA$40.7bCA$4.3b22.4x24.4x2.6x
Sat, 08 Jan 2022CA$102.1bCA$40.6bCA$4.3b21.7x23.5x2.5x
Mon, 06 Dec 2021CA$100.5bCA$40.6bCA$4.3b21.7x23.2x2.5x
Wed, 03 Nov 2021CA$96.6bCA$39.5bCA$3.9b26.4x24.7x2.4x
Fri, 01 Oct 2021CA$95.6bCA$39.5bCA$3.9b26.1x24.4x2.4x
Sun, 29 Aug 2021CA$98.5bCA$39.5bCA$3.9b27x25.2x2.5x
Mon, 05 Jul 2021CA$93.1bCA$39.5bCA$3.9b25.6x23.8x2.4x
Thu, 08 Apr 2021CA$85.2bCA$38.7bCA$3.4b25.7x24.9x2.2x
Sun, 10 Jan 2021CA$81.9bCA$38.3bCA$3.5b24.3x23.6x2.1x
Price to Earnings Ratio

23.2x


Total Market Cap: CA$83.3bTotal Earnings: CA$3.6bTotal Revenue: CA$38.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Telecom Services and Carriers Industry Price to Earnings3Y Average 23x202120222023
Current Industry PE
  • Investors are relatively neutral on the Canadian Telecom industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 23.0x.
  • The 3-year average PS ratio of 2.3x is higher than the industry's current PS ratio of 1.7x.
Past Earnings Growth
  • The earnings for companies in the Telecom industry have grown 2.7% per year over the last three years.
  • Revenues for these companies have grown 12% 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 industry?

CA Market1.37%
Telecom2.42%
Telecom Services and Carriers2.02%
Integrated Telecom Services2.04%
Alternative Carriers-0.20%
Industry PE
  • Investors are most optimistic about the Integrated Telecom Services industry, which is trading close to its 3-year average PE ratio of 23.1x.
    • Analysts are expecting annual earnings growth of 17.1%, which is higher than its past year's earnings decline of 36.8% per year.
  • Investors are most pessimistic about the Alternative Carriers industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted Growth
  • Analysts are most optimistic on the Alternative Carriers industry, expecting annual earnings growth of 19% over the next 5 years.
  • In contrast, the Integrated Telecom Services industry is expected to see its earnings grow by 17% 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$24.983.8%
+CA$1.3b		-12.7%PE45.6x
BCE BCECA$54.391.2%
+CA$574.7m		-14.5%PE22.3x
CGO CogecoCA$48.393.4%
+CA$24.7m		-22.4%PE10.6x
TGO TeraGoCA$1.7222.0%
+CA$6.1m		-14.0%PS1.3x
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Latest News

T

CA$24.98

TELUS

7D

3.8%

1Y

-12.7%

BCE

CA$54.39

BCE

7D

1.2%

1Y

-14.5%

Here's What To Make Of BCE's (TSE:BCE) Decelerating Rates Of Return

Nov 29
Here's What To Make Of BCE's (TSE:BCE) Decelerating Rates Of Return

QBR.A

CA$32.12

Quebecor

7D

-0.8%

1Y

7.7%

CGO

CA$48.39

Cogeco

7D

3.4%

1Y

-22.4%

TGO

CA$1.72

TeraGo

7D

22.0%

1Y

-14.0%

TSAT

CA$15.36

Telesat

7D

-1.0%

1Y

27.3%