Telefónica (BME:TEF) Has Announced A Dividend Of €0.1215
Nov 23
Spanish (IBEX) Telecom Sector Analysis
UpdatedNov 30, 2023
DataAggregated Company Financials
Companies12
- 7D3.0%
- 3M0.4%
- 1Y3.9%
- YTD12.2%
The Telecom industry is up 2.3% in the last week, with Cellnex Telecom up 3.6%. This takes the industry's 12 month performance to a gain of 6.5%. Looking forward, earnings are forecast to grow by 34% 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 |
|---|---|---|---|---|---|---|
| Fri, 01 Dec 2023 | €49.1b | €47.8b | €1.6b | 14x | 30.9x | 1x |
| Sun, 29 Oct 2023 | €41.1b | €47.7b | €1.5b | 13.5x | 27.3x | 0.9x |
| Tue, 26 Sep 2023 | €49.5b | €47.7b | €1.5b | 15.5x | 32.9x | 1x |
| Thu, 24 Aug 2023 | €47.6b | €47.7b | €1.5b | 15.3x | 31.6x | 1x |
| Sat, 22 Jul 2023 | €49.4b | €47.4b | €1.4b | 17.4x | 36x | 1x |
| Mon, 19 Jun 2023 | €48.8b | €47.4b | €1.4b | 17.7x | 35.4x | 1x |
| Wed, 17 May 2023 | €51.8b | €47.4b | €1.4b | 23.3x | 37.6x | 1.1x |
| Fri, 14 Apr 2023 | €52.5b | €46.5b | €1.8b | 20x | 29.1x | 1.1x |
| Sun, 12 Mar 2023 | €49.4b | €46.5b | €1.8b | 23.2x | 27.4x | 1.1x |
| Tue, 07 Feb 2023 | €47.7b | €46.0b | -€124,163,591.00 | 36.4x | -384.5x | 1x |
| Thu, 05 Jan 2023 | €45.0b | €46.0b | -€119,036,255.00 | 32x | -377.8x | 1x |
| Sat, 03 Dec 2022 | €46.7b | €46.0b | -€119,771,256.00 | 37.9x | -389.9x | 1x |
| Mon, 31 Oct 2022 | €44.3b | €44.5b | €136.5m | 29.8x | 324.1x | 1x |
| Wed, 28 Sep 2022 | €43.6b | €44.5b | €136.4m | 27.2x | 319.6x | 1x |
| Fri, 26 Aug 2022 | €53.8b | €44.5b | €136.4m | 28.2x | 394.2x | 1.2x |
| Sun, 24 Jul 2022 | €56.7b | €44.4b | €7.6b | 6.4x | 7.4x | 1.3x |
| Tue, 21 Jun 2022 | €54.7b | €44.5b | €7.6b | 15.7x | 7.2x | 1.2x |
| Thu, 19 May 2022 | €56.6b | €44.2b | €7.6b | 17.3x | 7.4x | 1.3x |
| Sat, 16 Apr 2022 | €61.7b | €44.8b | €7.9b | 20.4x | 7.9x | 1.4x |
| Mon, 14 Mar 2022 | €54.2b | €44.8b | €7.9b | 23.9x | 6.9x | 1.2x |
| Wed, 09 Feb 2022 | €54.1b | €44.9b | €10.1b | 38.3x | 5.4x | 1.2x |
| Fri, 07 Jan 2022 | €56.2b | €44.9b | €10.1b | 56.5x | 5.6x | 1.3x |
| Sun, 05 Dec 2021 | €57.9b | €44.9b | €10.1b | 58.5x | 5.7x | 1.3x |
| Tue, 02 Nov 2021 | €62.3b | €47.8b | €9.2b | 57.1x | 6.7x | 1.3x |
| Thu, 30 Sep 2021 | €64.2b | €47.4b | €9.3b | 56.5x | 6.9x | 1.4x |
| Sat, 28 Aug 2021 | €68.6b | €46.7b | €9.2b | 59.3x | 7.4x | 1.5x |
| Sun, 04 Jul 2021 | €61.9b | €46.7b | €9.2b | 60.4x | 6.7x | 1.3x |
| Wed, 07 Apr 2021 | €47.8b | €46.7b | €1.9b | 64.8x | 25.8x | 1x |
| Sat, 09 Jan 2021 | €44.4b | €47.6b | €1.4b | 46.1x | 32.1x | 0.9x |
Price to Earnings Ratio
84.3x
Current Industry PE
- Investors are optimistic on the Spanish Communication Services industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 30.9x which is higher than its 3-year average PE of 8.8x.
- The industry is trading close to its 3-year average PS ratio of 1.1x.
Past Earnings Growth
- The earnings for companies in the Communication Services industry have grown 41% per year over the last three years, while revenues have remained mostly flat.
- This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.
Industry Trends
Which industries have driven the changes within the Spanish Telecom sector?
| ES Market | 1.50% | |
| Telecom | 3.04% | |
| Telecom Services and Carriers | 3.34% | |
| Interactive Media and Services | 0% | |
| Wireless Telecom | 0% | |
| Media | -2.88% | |
| Entertainment | -3.18% | |
Industry PE
- Investors are most optimistic about the Telecom Services and Carriers industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 35.4%, which is lower than the prior year's growth of 4,305.7% per year.
- Investors are most pessimistic about the Media industry, which is trading below its 3-year average of 9.2x.
Forecasted Growth
- Analysts are most optimistic on the Entertainment industry, expecting annual earnings growth of 45% over the next 5 years.
- This is better than its past earnings decline of 14% per year.
- In contrast, the Media industry is expected to see its earnings grow by 2.6% per year 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 | |
|---|---|---|---|---|---|
| CLNX Cellnex Telecom | €35.04 | 3.6% +€867.6m | 2.4% | PS6.7x | |
| TEF Telefónica | €3.95 | 3.0% +€660.6m | 8.7% | PE14.6x | |
| A3M Atresmedia Corporación de Medios de Comunicación | €3.80 | 2.2% +€18.5m | 11.8% | PE7.4x | |
| PRS Promotora de Informaciones | €0.30 | 3.8% +€8.1m | -13.7% | PS0.2x | |
| VOC Vocento | €0.63 | 1.3% +€963.4k | -11.2% | PS0.2x |
