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Canadian (TSX) Telecom Services and Carriers Industry Analysis

UpdatedMay 16, 2025
DataAggregated Company Financials
Companies6
  • 7D1.7%
  • 3M-2.2%
  • 1Y-15.7%
  • YTD2.6%

The Telecom Services and Carriers industry is up 1.7% in the last week, with TELUS up 5.3%. In contrast, the industry has lost 16% in the last 12 months. As for the next few years, earnings are expected to grow by 20% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 16 May 2025CA$72.7bCA$56.3bCA$2.8b11.7x26.4x1.3x
Sun, 13 Apr 2025CA$69.1bCA$56.3bCA$2.3b10.8x30x1.2x
Tue, 11 Mar 2025CA$80.3bCA$56.9bCA$2.4b9.7x33.8x1.4x
Thu, 06 Feb 2025CA$75.7bCA$56.7bCA$2.2b9.4x34.5x1.3x
Sat, 04 Jan 2025CA$72.2bCA$56.8bCA$2.2b9.7x32.9x1.3x
Mon, 02 Dec 2024CA$79.5bCA$56.8bCA$2.2b9.8x36.3x1.4x
Wed, 30 Oct 2024CA$87.7bCA$56.9bCA$3.9b9.9x22.3x1.5x
Fri, 27 Sep 2024CA$88.6bCA$56.9bCA$3.9b9.9x22.5x1.6x
Sun, 25 Aug 2024CA$86.8bCA$56.9bCA$3.9b9.4x22x1.5x
Tue, 23 Jul 2024CA$84.5bCA$57.0bCA$3.8b9x22.4x1.5x
Thu, 20 Jun 2024CA$81.9bCA$57.0bCA$3.7b9.1x21.9x1.4x
Sat, 18 May 2024CA$86.4bCA$57.0bCA$3.7b10.2x23.1x1.5x
Mon, 15 Apr 2024CA$82.9bCA$56.9bCA$4.1b10x20.1x1.5x
Wed, 13 Mar 2024CA$87.8bCA$54.0bCA$3.8b11.3x23.2x1.6x
Fri, 09 Feb 2024CA$91.7bCA$53.5bCA$3.9b12.8x23.6x1.7x
Sun, 07 Jan 2024CA$93.9bCA$53.5bCA$3.9b12.6x24.1x1.8x
Tue, 05 Dec 2023CA$95.0bCA$53.5bCA$3.9b11.6x24.4x1.8x
Thu, 02 Nov 2023CA$87.7bCA$52.8bCA$4.3b11.5x20.5x1.7x
Sat, 30 Sep 2023CA$87.7bCA$52.8bCA$4.3b15.9x20.5x1.7x
Mon, 28 Aug 2023CA$86.7bCA$44.9bCA$3.6b25.6x24.2x1.9x
Wed, 26 Jul 2023CA$88.7bCA$44.1bCA$4.0b24.4x22.4x2x
Fri, 23 Jun 2023CA$91.6bCA$44.1bCA$4.0b25.5x23.1x2.1x
Sun, 21 May 2023CA$98.1bCA$44.1bCA$4.0b27.4x24.7x2.2x
Tue, 18 Apr 2023CA$99.9bCA$43.3bCA$4.3b25.3x23.3x2.3x
Thu, 16 Mar 2023CA$93.4bCA$43.2bCA$4.3b21.9x21.6x2.2x
Sat, 11 Feb 2023CA$95.1bCA$25.0bCA$4.3b22.3x22x3.8x
Mon, 09 Jan 2023CA$95.4bCA$42.5bCA$4.8b17.2x19.8x2.2x
Wed, 07 Dec 2022CA$99.6bCA$42.5bCA$4.8b17.7x20.7x2.3x
Fri, 04 Nov 2022CA$97.2bCA$41.9bCA$4.7b20.8x20.7x2.3x
Sun, 02 Oct 2022CA$92.4bCA$41.9bCA$4.7b16.9x19.7x2.2x
Tue, 30 Aug 2022CA$101.5bCA$41.9bCA$4.7b15.3x21.6x2.4x
Thu, 28 Jul 2022CA$98.7bCA$41.5bCA$4.7b14.5x20.9x2.4x
Sat, 25 Jun 2022CA$97.0bCA$41.5bCA$4.7b16x20.6x2.3x
Mon, 23 May 2022CA$105.6bCA$41.5bCA$4.7b17.7x22.4x2.5x
Price to Earnings Ratio

22.4x


Total Market Cap: CA$105.6bTotal Earnings: CA$4.7bTotal Revenue: CA$41.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Telecom Services and Carriers Industry Price to Earnings3Y Average 24x202320242025
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 24.0x.
  • The 3-year average PS ratio of 1.8x is higher than the industry's current PS ratio of 1.3x.
Past Earnings Growth
  • The earnings for companies in the Telecom industry have declined 16% per year over the last three years.
  • Meanwhile revenues for these companies have grown 11% 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 Market2.08%
Telecom1.33%
Telecom Services and Carriers1.68%
Integrated Telecom Services1.68%
Alternative Carriers0%0
Industry PE
  • Investors are most optimistic about the Integrated Telecom Services industry, which is trading close to its 3-year average PE ratio of 24.1x.
    • Analysts are expecting annual earnings growth of 20.0%, which is higher than its past year's earnings growth of 8.9% per year.
  • Investors are most pessimistic about the Integrated Telecom Services industry, which is trading close to its 3-year average of 24.1x.
Forecasted Growth
  • Analysts are most optimistic on the Integrated Telecom Services industry, expecting annual earnings growth of 20% over the next 5 years.
  • This is better than its past earnings growth rate of 8.9% per year.
  • In contrast, the Integrated Telecom Services industry is expected to see its earnings grow by 20% 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
T TELUSCA$21.905.3%
+CA$1.9b		-2.3%PE28.1x
CCA Cogeco CommunicationsCA$68.590.1%
+CA$4.2m		21.1%PE8.8x
USS Uniserve CommunicationsCA$0.3612.5%
+CA$1.1m		300.0%PS1.4x
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Latest News

T

CA$21.90

TELUS

7D

5.3%

1Y

-2.3%

QBR.A

CA$39.04

Quebecor

7D

-0.7%

1Y

18.3%

BCE

CA$30.20

BCE

7D

-2.5%

1Y

-35.4%

USS

CA$0.36

Uniserve Communications

7D

12.5%

1Y

300.0%

CCA

CA$68.59

Cogeco Communications

7D

0.1%

1Y

21.1%

CGO

CA$64.44

Cogeco

7D

-1.1%

1Y

19.9%

ADYA

CA$0.16

Adya

7D

-23.8%

1Y

540.0%