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Canadian (TSX) Telecom Services and Carriers Industry Analysis

UpdatedSep 30, 2022
DataAggregated Company Financials
  • 7D-5.0%
  • 3M-5.8%
  • 1Y-4.7%
  • YTD-10.5%

Over the last 7 days, the Telecom Services and Carriers industry has dropped 5.0%, driven by pullbacks from every company within the industry. Overall the industry is down 4.7% in 12 months. As for the next few years, earnings are expected to grow by 8.8% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
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 22.1x.
  • The industry is trading close to its 3-year average PS ratio of 2.3x.
Past Earnings Growth
  • The earnings for companies in the Telecom industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 3.1% 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 industry?

CA Market-2.94%
Telecom Services and Carriers-5.02%
Integrated Telecom Services-5.01%
Alternative Carriers-5.41%
Industry PE
  • Investors are most optimistic about the Alternative Carriers industry which is trading above its 3-year average PE ratio of 2.1x.
    • Analysts are expecting annual earnings growth of 44.5%, which is higher than its past year's earnings decline of 95.3% per year.
  • Investors are most pessimistic about the Integrated Telecom Services industry, which is trading below its 3-year average of 22.2x.
Forecasted Growth
  • Analysts are most optimistic on the Alternative Carriers industry, expecting annual earnings growth of 44% over the next 5 years.
  • This is better than its past earnings decline of 95% per year.
  • In contrast, the Integrated Telecom Services industry is expected to see its earnings grow by 8.8% 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
17-21 Bellevue Street, Surry Hills, Sydney
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