Canadian (TSX) Telecom Services and Carriers Industry Analysis

Industry Valuation and Performance

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

Current Industry PE: There are only 3 profitable companies in this industry, so there is insufficient data to make an industry-wide assessment of PE.

Past Earnings Growth: The earnings for companies in the Telecom industry have remained mostly flat over the last three years, while revenues for these companies have grown 2.9% 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 and as a result, profits have held steady.

Industry Trends

Which industries have driven the changes within the Canadian Telecom Services and Carriers industry?

Industry PE: Investors are most optimistic about the Integrated Telecom Services industry which is trading above its 3-year average PE ratio of 21.1x. This is likely because analysts are expecting annual earnings growth of 11%, which is higher than its past year's earnings growth of 9.4% per year. Meanwhile, investors are most pessimistic about the Alternative Carriers industry, which is trading below its 3-year average of 3.8x.

Forecasted Growth: Analysts are most optimistic on the Alternative Carriers industry, expecting annual earnings growth of 16% over the next 5 years. Meanwhile, the Integrated Telecom Services industry is expected to see its earnings grow by 11% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?