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Spanish (IBEX) Telecom Sector Analysis
UpdatedDec 22, 2024
DataAggregated Company Financials
Companies10
- 7D-7.2%
- 3M-13.6%
- 1Y-3.7%
- YTD-4.0%
Over the last 7 days, the Telecom industry has dropped 7.2%, driven by Telefónica declining 8.2%. However, the industry is down 3.7% over the past year. Looking forward, earnings are forecast to grow by 60% annually.
Sector Valuation and Performance
Has the Spanish Telecom Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 22 Dec 2024 | €45.0b | €46.4b | -€1,480,921,364.00 | 9.4x | -30.4x | 1x |
| Tue, 19 Nov 2024 | €47.9b | €46.5b | -€1,482,098,883.00 | 9.8x | -32.3x | 1x |
| Thu, 17 Oct 2024 | €53.1b | €46.7b | -€1,252,048,684.00 | 12.1x | -42.4x | 1.1x |
| Sat, 14 Sep 2024 | €51.4b | €46.7b | -€1,252,048,684.00 | 15.1x | -41.1x | 1.1x |
| Mon, 12 Aug 2024 | €48.5b | €46.7b | -€1,252,048,684.00 | 15.2x | -38.7x | 1x |
| Wed, 10 Jul 2024 | €45.2b | €46.4b | -€974,743,684.00 | 14.1x | -46.3x | 1x |
| Fri, 07 Jun 2024 | €51.0b | €46.4b | -€971,406,347.00 | 14.7x | -52.5x | 1.1x |
| Sun, 05 May 2024 | €48.9b | €46.3b | -€1,195,792,214.00 | 14.9x | -40.9x | 1.1x |
| Tue, 02 Apr 2024 | €47.8b | €46.3b | -€1,246,855,629.00 | 18.3x | -38.4x | 1x |
| Thu, 29 Feb 2024 | €46.4b | €46.2b | -€1,260,151,629.00 | 22.6x | -36.9x | 1x |
| Sat, 27 Jan 2024 | €49.2b | €47.2b | €1.6b | 14.1x | 30.7x | 1x |
| Mon, 25 Dec 2023 | €47.9b | €47.1b | €1.6b | 13.3x | 30x | 1x |
| Wed, 22 Nov 2023 | €47.5b | €47.8b | €1.6b | 13.8x | 29.8x | 1x |
| Fri, 20 Oct 2023 | €43.3b | €47.7b | €1.5b | 14.3x | 28.8x | 0.9x |
| Sun, 17 Sep 2023 | €50.1b | €47.7b | €1.5b | 15.7x | 33.3x | 1.1x |
| Tue, 15 Aug 2023 | €43.9b | €47.7b | €1.5b | 13.9x | 29.2x | 0.9x |
| Thu, 13 Jul 2023 | €49.0b | €47.4b | €1.4b | 17.2x | 35.7x | 1x |
| Sat, 10 Jun 2023 | €50.5b | €47.4b | €1.4b | 17.4x | 36.7x | 1.1x |
| Mon, 08 May 2023 | €52.2b | €46.8b | €1.8b | 20.1x | 28.9x | 1.1x |
| Wed, 05 Apr 2023 | €50.6b | €46.5b | €1.8b | 19.8x | 28.1x | 1.1x |
| Fri, 03 Mar 2023 | €48.6b | €46.7b | €1.8b | 24.3x | 27.1x | 1x |
| Sun, 29 Jan 2023 | €47.8b | €46.0b | -€124,163,591.00 | 36.6x | -384.6x | 1x |
| Tue, 27 Dec 2022 | €43.5b | €46.0b | -€119,036,255.00 | 34.3x | -365.1x | 0.9x |
| Thu, 24 Nov 2022 | €46.3b | €46.0b | -€115,721,256.00 | 35.2x | -399.8x | 1x |
| Sat, 22 Oct 2022 | €39.9b | €44.5b | €136.4m | 26x | 292.7x | 0.9x |
| Mon, 19 Sep 2022 | €47.6b | €44.5b | €136.4m | 26.5x | 348.8x | 1.1x |
| Wed, 17 Aug 2022 | €55.8b | €44.5b | €136.4m | 29x | 408.8x | 1.3x |
| Fri, 15 Jul 2022 | €58.1b | €44.4b | €7.6b | 6.4x | 7.6x | 1.3x |
| Sun, 12 Jun 2022 | €55.9b | €44.5b | €7.6b | 16.4x | 7.3x | 1.3x |
| Tue, 10 May 2022 | €56.3b | €45.1b | €7.8b | 17.9x | 7.2x | 1.2x |
| Thu, 07 Apr 2022 | €59.3b | €44.8b | €7.9b | 20.2x | 7.5x | 1.3x |
| Sat, 05 Mar 2022 | €53.2b | €44.7b | €7.9b | 23.5x | 6.8x | 1.2x |
| Mon, 31 Jan 2022 | €54.0b | €44.9b | €10.1b | 38.6x | 5.4x | 1.2x |
| Wed, 29 Dec 2021 | €60.2b | €44.9b | €10.1b | 54.5x | 6x | 1.3x |
Price to Earnings Ratio
6x
Current Industry PE
- Investors are pessimistic on the Spanish Communication Services industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 1.1x is higher than the industry's current PS ratio of 0.97x.
Past Earnings Growth
- Total earnings for the Communication Services industry have declined over the last three years, with the industry now making a loss overall.
- Meanwhile revenues have remained mostly flat.
- This means that although sales have remained flat, 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 Spanish Telecom sector?
| ES Market | -2.18% | |
| Telecom | -7.21% | |
| Interactive Media and Services | 0% | |
| Wireless Telecom | 0% | |
| Entertainment | -6.14% | |
| Media | -6.24% | |
| Telecom Services and Carriers | -7.24% | |
Industry PE
- Investors are most optimistic about the Entertainment industry even though it's trading below its 3-year average PE ratio of 33.5x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
- Analysts are most optimistic on the Telecom Services and Carriers industry, expecting annual earnings growth of 61% over the next 5 years.
- In contrast, the Media industry is expected to see its earnings growth to stay flat over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| PAR Parlem Telecom Companyia de Telecomunicacions | €3.40 | 1.8% +€1.1m | 19.3% | PS1.4x | |
| MIO Media Investment Optimization | €3.10 | 3.3% +€650.8k | -29.5% | PS0.3x |
