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Canadian (TSX) Telecom Services and Carriers Industry Analysis

UpdatedNov 20, 2024
DataAggregated Company Financials
Companies8
  • 7D-1.2%
  • 3M-9.1%
  • 1Y-17.8%
  • YTD-18.0%

Over the last 7 days, the Telecom Services and Carriers industry has dropped 1.2%, driven by a pullback from TELUS of 0.7%. Overall the industry is down 18% in 12 months. As for the next few years, earnings are expected to grow by 44% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 21 Nov 2024CA$78.8bCA$56.8bCA$2.2b9.7x36.3x1.4x
Sat, 19 Oct 2024CA$88.7bCA$56.9bCA$3.9b10x22.5x1.6x
Mon, 16 Sep 2024CA$90.5bCA$56.9bCA$3.9b9.6x23x1.6x
Wed, 14 Aug 2024CA$88.9bCA$56.9bCA$4.0b9.4x22x1.6x
Fri, 12 Jul 2024CA$80.2bCA$57.0bCA$3.7b9.2x21.4x1.4x
Sun, 09 Jun 2024CA$86.7bCA$57.0bCA$3.7b9.2x23.2x1.5x
Tue, 07 May 2024CA$85.2bCA$56.8bCA$3.8b10x22.4x1.5x
Thu, 04 Apr 2024CA$83.0bCA$56.9bCA$4.1b9.5x20x1.5x
Sat, 02 Mar 2024CA$89.4bCA$54.0bCA$3.8b11.4x23.6x1.7x
Mon, 29 Jan 2024CA$94.9bCA$53.5bCA$3.9b13.2x24.4x1.8x
Wed, 27 Dec 2023CA$89.9bCA$53.5bCA$3.9b12.3x23.1x1.7x
Fri, 24 Nov 2023CA$92.9bCA$53.5bCA$3.9b11.5x23.8x1.7x
Sun, 22 Oct 2023CA$86.5bCA$52.8bCA$4.3b15.6x20.3x1.6x
Tue, 19 Sep 2023CA$92.8bCA$52.8bCA$4.3b16.6x21.7x1.8x
Thu, 17 Aug 2023CA$85.4bCA$44.9bCA$3.6b25.3x23.9x1.9x
Sat, 15 Jul 2023CA$89.3bCA$44.1bCA$4.0b24.3x22.5x2x
Mon, 12 Jun 2023CA$93.2bCA$44.1bCA$4.0b25.3x23.5x2.1x
Wed, 10 May 2023CA$98.6bCA$44.1bCA$4.0b27.4x24.8x2.2x
Fri, 07 Apr 2023CA$98.3bCA$43.3bCA$4.3b24.9x22.9x2.3x
Sun, 05 Mar 2023CA$94.9bCA$43.2bCA$4.3b22.3x21.9x2.2x
Tue, 31 Jan 2023CA$98.8bCA$42.5bCA$4.8b20.3x20.5x2.3x
Thu, 29 Dec 2022CA$91.7bCA$42.5bCA$4.8b17.7x19x2.2x
Sat, 26 Nov 2022CA$100.6bCA$42.5bCA$4.8b20.4x20.9x2.4x
Mon, 24 Oct 2022CA$93.8bCA$41.9bCA$4.7b16.6x20x2.2x
Wed, 21 Sep 2022CA$97.5bCA$41.9bCA$4.7b14.3x20.7x2.3x
Fri, 19 Aug 2022CA$102.5bCA$41.9bCA$4.7b15.4x21.8x2.4x
Sun, 17 Jul 2022CA$98.3bCA$41.5bCA$4.7b15x20.9x2.4x
Tue, 14 Jun 2022CA$102.6bCA$41.5bCA$4.7b17x21.8x2.5x
Thu, 12 May 2022CA$106.1bCA$41.5bCA$4.7b18.4x22.5x2.6x
Sat, 09 Apr 2022CA$115.0bCA$41.1bCA$4.5b24.6x25.8x2.8x
Mon, 07 Mar 2022CA$112.2bCA$41.1bCA$4.7b23.9x24x2.7x
Wed, 02 Feb 2022CA$102.5bCA$40.6bCA$4.3b21.8x23.6x2.5x
Fri, 31 Dec 2021CA$102.5bCA$40.6bCA$4.3b21.7x23.6x2.5x
Sun, 28 Nov 2021CA$99.3bCA$40.6bCA$4.3b21.2x22.9x2.4x
Price to Earnings Ratio

22.9x


Total Market Cap: CA$99.3bTotal 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 22.6x202220232024
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 36.3x which is higher than its 3-year average PE of 22.5x.
  • The 3-year average PS ratio of 2.0x is higher than the industry's current PS ratio of 1.4x.
Past Earnings Growth
  • The earnings for companies in the Telecom industry have declined 21% 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 Market0.41%
Telecom-0.89%
Telecom Services and Carriers-1.25%
Integrated Telecom Services-1.20%
Alternative Carriers-5.23%
Industry PE
  • Investors are most optimistic about the Alternative Carriers industry which is trading above its 3-year average PE ratio of 1.5x.
    • Analysts are expecting annual earnings decline of 95.2%, which is worse than the prior year's decline of 73.1%.
  • 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 22.8x.
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 95% 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 St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
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1Y

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Cogeco Communications' (TSE:CCA) Shareholders Will Receive A Bigger Dividend Than Last Year

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CGO

CA$61.13

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1Y

32.3%

QBR.A

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Quebecor

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1Y

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