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Canadian (TSX) Telecom Services and Carriers Industry Analysis

UpdatedApr 18, 2024
DataAggregated Company Financials
Companies8
  • 7D-1.5%
  • 3M-16.8%
  • 1Y-26.4%
  • YTD-13.8%

Over the last 7 days, the Telecom Services and Carriers industry has dropped 1.5%, driven by pullbacks from every company within the industry. Overall the industry is down 26% in 12 months. Looking forward, earnings are forecast to grow by 13% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 18 Apr 2024CA$82.6bCA$56.9bCA$4.1b9.9x20x1.5x
Sat, 16 Mar 2024CA$83.5bCA$54.0bCA$3.8b11.3x22x1.5x
Mon, 12 Feb 2024CA$89.6bCA$53.5bCA$3.7b12.2x23.9x1.7x
Wed, 10 Jan 2024CA$94.4bCA$53.5bCA$3.9b12.8x24.2x1.8x
Fri, 08 Dec 2023CA$96.8bCA$53.5bCA$3.9b11.9x24.8x1.8x
Sun, 05 Nov 2023CA$93.8bCA$53.3bCA$3.8b12.2x24.6x1.8x
Tue, 03 Oct 2023CA$88.1bCA$52.8bCA$4.3b15.7x20.6x1.7x
Thu, 31 Aug 2023CA$88.7bCA$44.9bCA$3.6b26.2x24.8x2x
Sat, 29 Jul 2023CA$87.3bCA$44.1bCA$4.0b23.6x22x2x
Mon, 26 Jun 2023CA$91.0bCA$44.1bCA$4.0b25.3x22.9x2.1x
Wed, 24 May 2023CA$96.9bCA$44.1bCA$4.0b26.9x24.4x2.2x
Fri, 21 Apr 2023CA$99.9bCA$43.3bCA$4.3b25.3x23.3x2.3x
Sun, 19 Mar 2023CA$93.7bCA$43.2bCA$4.3b22x21.6x2.2x
Tue, 14 Feb 2023CA$95.4bCA$43.2bCA$4.3b22.3x22.1x2.2x
Thu, 12 Jan 2023CA$95.4bCA$42.5bCA$4.8b18.9x19.8x2.2x
Sat, 10 Dec 2022CA$98.4bCA$42.5bCA$4.8b16.7x20.4x2.3x
Mon, 07 Nov 2022CA$97.7bCA$42.6bCA$4.8b20.1x20.2x2.3x
Wed, 05 Oct 2022CA$96.6bCA$41.9bCA$4.7b18.4x20.6x2.3x
Fri, 02 Sep 2022CA$100.6bCA$41.9bCA$4.7b15.1x21.4x2.4x
Sun, 31 Jul 2022CA$100.6bCA$41.5bCA$4.7b15x21.3x2.4x
Tue, 28 Jun 2022CA$99.0bCA$41.5bCA$4.7b16.1x21x2.4x
Thu, 26 May 2022CA$93.2bCA$41.5bCA$4.7b17.9x19.8x2.2x
Sat, 23 Apr 2022CA$112.5bCA$41.1bCA$4.5b24.3x25.3x2.7x
Mon, 21 Mar 2022CA$107.3bCA$41.1bCA$4.5b22.8x24.1x2.6x
Wed, 16 Feb 2022CA$105.8bCA$41.1bCA$4.7b22.3x22.7x2.6x
Fri, 14 Jan 2022CA$102.5bCA$40.6bCA$4.3b21.8x23.6x2.5x
Sun, 12 Dec 2021CA$102.0bCA$40.6bCA$4.3b21.6x23.5x2.5x
Tue, 09 Nov 2021CA$97.5bCA$39.8bCA$4.0b26x24.2x2.4x
Thu, 07 Oct 2021CA$95.1bCA$39.5bCA$3.9b25.9x24.3x2.4x
Sat, 04 Sep 2021CA$99.4bCA$39.5bCA$3.9b27.2x25.4x2.5x
Mon, 02 Aug 2021CA$94.2bCA$39.5bCA$3.9b25.8x24.1x2.4x
Thu, 06 May 2021CA$87.1bCA$38.7bCA$3.4b26.2x25.5x2.3x
Price to Earnings Ratio

25.5x


Total Market Cap: CA$87.1bTotal Earnings: CA$3.4bTotal Revenue: CA$38.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Telecom Services and Carriers Industry Price to Earnings3Y Average 22.9x202220232024
Current Industry PE
  • Investors are pessimistic on the Canadian Telecom industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 20.0x which is lower than its 3-year average PE of 22.9x.
  • The 3-year average PS ratio of 2.2x is higher than the industry's current PS ratio of 1.5x.
Past Earnings Growth
  • The earnings for companies in the Telecom industry have grown 6.5% per year over the last three years.
  • Revenues for these companies have grown 14% 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 Market-2.09%
Telecom-1.86%
Telecom Services and Carriers-1.53%
Integrated Telecom Services-1.50%
Alternative Carriers-6.90%
Industry PE
  • Investors are most optimistic about the Integrated Telecom Services industry even though it's trading below its 3-year average PE ratio of 23.1x.
    • Analysts are expecting annual earnings growth of 13.2%, which is higher than its past year's earnings decline of 23.6% 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 16% over the next 5 years.
  • In contrast, the Integrated Telecom Services industry is expected to see its earnings grow by 13% 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
No data available
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