Header cover image

Canadian (TSX) Telecom Services and Carriers Industry Analysis

UpdatedMar 18, 2024
DataAggregated Company Financials
Companies7
  • 7D-4.1%
  • 3M-7.1%
  • 1Y-19.2%
  • YTD-9.8%

Over the last 7 days, the Telecom Services and Carriers industry has dropped 4.1%, driven by declines from every company within the industry. The industry has fallen 19% in the last year. As for the next few years, earnings are expected to grow by 13% 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, 18 Mar 2024CA$84.1bCA$54.0bCA$3.8b11.3x22.2x1.6x
Wed, 14 Feb 2024CA$88.6bCA$53.6bCA$3.8b11.4x23.4x1.7x
Fri, 12 Jan 2024CA$94.6bCA$53.5bCA$3.9b12.6x24.3x1.8x
Sun, 10 Dec 2023CA$95.4bCA$53.5bCA$3.9b11.9x24.5x1.8x
Tue, 07 Nov 2023CA$93.8bCA$53.3bCA$3.9b11.6x24.3x1.8x
Thu, 05 Oct 2023CA$85.3bCA$52.8bCA$4.3b15.7x20x1.6x
Sat, 02 Sep 2023CA$87.5bCA$44.9bCA$3.6b25.9x24.5x1.9x
Mon, 31 Jul 2023CA$86.9bCA$44.1bCA$4.0b23.6x21.9x2x
Wed, 28 Jun 2023CA$91.1bCA$44.1bCA$4.0b25.2x22.9x2.1x
Fri, 26 May 2023CA$96.2bCA$44.1bCA$4.0b26.8x24.2x2.2x
Sun, 23 Apr 2023CA$100.8bCA$43.3bCA$4.3b25.6x23.5x2.3x
Tue, 21 Mar 2023CA$95.1bCA$43.2bCA$4.3b22.3x21.9x2.2x
Thu, 16 Feb 2023CA$95.5bCA$43.2bCA$4.3b22.4x22.1x2.2x
Sat, 14 Jan 2023CA$97.9bCA$42.5bCA$4.8b19.2x20.3x2.3x
Mon, 12 Dec 2022CA$98.4bCA$42.5bCA$4.8b16.7x20.4x2.3x
Wed, 09 Nov 2022CA$97.9bCA$42.6bCA$4.8b20.1x20.3x2.3x
Fri, 07 Oct 2022CA$92.9bCA$41.9bCA$4.7b18x19.8x2.2x
Sun, 04 Sep 2022CA$100.9bCA$41.9bCA$4.7b15.1x21.5x2.4x
Tue, 02 Aug 2022CA$100.6bCA$41.5bCA$4.7b15x21.3x2.4x
Thu, 30 Jun 2022CA$98.5bCA$41.5bCA$4.7b15.5x20.9x2.4x
Sat, 28 May 2022CA$44.7bCA$17.9bCA$1.8b14.6x25.3x2.5x
Mon, 25 Apr 2022CA$112.5bCA$41.1bCA$4.5b24.3x25.3x2.7x
Wed, 23 Mar 2022CA$106.9bCA$41.1bCA$4.5b22.8x24x2.6x
Fri, 18 Feb 2022CA$105.9bCA$41.1bCA$4.7b22.4x22.7x2.6x
Sun, 16 Jan 2022CA$102.7bCA$40.6bCA$4.3b21.9x23.7x2.5x
Tue, 14 Dec 2021CA$101.8bCA$40.6bCA$4.3b21.6x23.5x2.5x
Thu, 11 Nov 2021CA$97.9bCA$39.8bCA$4.0b26.2x24.3x2.5x
Sat, 09 Oct 2021CA$95.0bCA$39.5bCA$3.9b25.9x24.3x2.4x
Mon, 06 Sep 2021CA$99.4bCA$39.5bCA$3.9b27.2x25.4x2.5x
Wed, 04 Aug 2021CA$94.8bCA$39.5bCA$3.9b26x24.2x2.4x
Sat, 08 May 2021CA$87.1bCA$38.7bCA$3.4b26.2x25.5x2.3x
Price to Earnings Ratio

24.9x


Total Market Cap: CA$85.2bTotal 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 23x202220232024
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 2.2x is higher than the industry's current PS ratio of 1.6x.
Past Earnings Growth
  • The earnings for companies in the Telecom industry have grown 3.5% 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 Market0.35%
Telecom-3.79%
Telecom Services and Carriers-4.13%
Alternative Carriers-0.35%
Integrated Telecom Services-4.16%
Industry PE
  • Investors are most optimistic about the Integrated Telecom Services industry, which is trading close to its 3-year average PE ratio of 23.2x.
    • Analysts are expecting annual earnings growth of 13.9%, which is higher than its past year's earnings decline of 35.7% 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 Integrated Telecom Services industry, expecting annual earnings growth of 14% over the next 5 years.
  • This is better than its past earnings decline of 36% per year.
  • In contrast, the Alternative Carriers industry is expected to see its earnings decline by 131% 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
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.