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Spanish (IBEX) Telecom Sector Analysis

UpdatedJun 17, 2025
DataAggregated Company Financials
Companies11
  • 7D-0.5%
  • 3M4.1%
  • 1Y9.0%
  • YTD12.4%

Over the last 7 days, the Telecom industry has dropped 1.4%, driven by declines in Cellnex Telecom and Telefónica of 1.6% and 1.4%, respectively. On the other hand Secuoya Grupo de Comunicación is actually up 6.7%. Over the past 12 months, the industry was up 7.9%. As for the next few years, earnings are expected to grow by 45% per annum.

Sector Valuation and Performance

Has the Spanish Telecom Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 17 Jun 2025€51.8b€47.0b-€470,735,852.0023.2x-110x1.1x
Thu, 15 May 2025€49.2b€47.2b-€323,508,918.0024.9x-152.2x1x
Sat, 12 Apr 2025€46.6b€47.1b-€315,204,239.0024.8x-147.9x1x
Mon, 10 Mar 2025€48.0b€47.0b-€223,379,204.0028.5x-214.9x1x
Wed, 05 Feb 2025€46.7b€46.1b-€1,482,701,204.0010.1x-31.5x1x
Fri, 03 Jan 2025€46.0b€46.1b-€1,482,701,204.009.2x-31x1x
Sun, 01 Dec 2024€49.7b€46.4b-€1,480,921,364.0010.3x-33.5x1.1x
Tue, 29 Oct 2024€51.0b€46.7b-€1,249,552,883.0012.1x-40.8x1.1x
Thu, 26 Sep 2024€52.1b€46.7b-€1,252,048,684.0015.1x-41.6x1.1x
Sat, 24 Aug 2024€49.3b€46.7b-€1,252,048,684.0014.9x-39.3x1.1x
Mon, 22 Jul 2024€47.4b€46.4b-€978,517,684.0014.5x-48.5x1x
Wed, 19 Jun 2024€46.7b€46.4b-€972,881,831.0014.7x-48x1x
Fri, 17 May 2024€49.6b€46.4b-€971,406,347.0014.6x-51.1x1.1x
Sun, 14 Apr 2024€45.8b€46.3b-€1,246,855,629.0018.2x-36.7x1x
Tue, 12 Mar 2024€47.7b€46.3b-€1,246,855,629.0016.6x-38.2x1x
Thu, 08 Feb 2024€45.2b€46.3b€1.4b17.4x31.7x1x
Sat, 06 Jan 2024€47.7b€47.1b€1.6b13.3x29.8x1x
Mon, 04 Dec 2023€49.8b€47.8b€1.6b14.1x31.2x1x
Wed, 01 Nov 2023€42.5b€47.7b€1.5b13.6x28.2x0.9x
Fri, 29 Sep 2023€47.2b€47.7b€1.5b15.4x31.3x1x
Sun, 27 Aug 2023€47.5b€47.7b€1.5b15.4x31.6x1x
Tue, 25 Jul 2023€49.6b€47.4b€1.4b17.4x36.2x1x
Thu, 22 Jun 2023€48.1b€47.4b€1.4b17.7x34.9x1x
Sat, 20 May 2023€51.6b€47.4b€1.4b22.8x37.4x1.1x
Mon, 17 Apr 2023€52.7b€46.6b€1.8b19.8x29.2x1.1x
Wed, 15 Mar 2023€49.4b€46.5b€1.8b22.9x27.4x1.1x
Fri, 10 Feb 2023€48.8b€46.0b-€124,163,591.0036.7x-393.1x1.1x
Sun, 08 Jan 2023€45.7b€46.0b-€119,036,255.0032.6x-384.3x1x
Tue, 06 Dec 2022€46.5b€46.0b-€119,771,256.0037.9x-387.9x1x
Thu, 03 Nov 2022€45.3b€44.6b€137.4m33.9x329.7x1x
Sat, 01 Oct 2022€42.5b€44.5b€136.4m26.3x311.5x1x
Mon, 29 Aug 2022€52.6b€44.5b€136.4m28.3x385.3x1.2x
Wed, 27 Jul 2022€57.2b€44.6b€7.6b6.3x7.5x1.3x
Fri, 24 Jun 2022€55.7b€44.5b€7.6b15.7x7.3x1.3x
Price to Earnings Ratio

7.3x


Total Market Cap: €55.7bTotal Earnings: €7.6bTotal Revenue: €44.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Spanish Telecom Sector Price to Earnings3Y Average -24.4x202320242025
Current Industry PE
  • Investors are relatively neutral on the Spanish Communication Services 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 PS ratio of 1.0x.
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-1.20%
Telecom-0.48%
Telecom Services and Carriers-0.24%
Entertainment-0.37%
Media-7.04%
Industry PE
  • Investors are most optimistic about the Entertainment industry which is trading above its 3-year average PE ratio of 29.0x.
    • 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 46% over the next 5 years.
  • In contrast, the Media industry is expected to see its earnings grow by 3.5% 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
SEC Secuoya Grupo de Comunicación€25.606.7%
+€12.8m
82.9%PE26.1x
LLYC Llorente & Cuenca€9.058.4%
+€7.9m
-4.7%n/a
PAR Parlem Telecom Companyia de Telecomunicacions€3.483.0%
+€2.0m
-2.8%PS1.4x
SQRL Squirrel Media€2.260.4%
+€906.5k
40.4%PE71.2x
MIO Media Investment Optimization€2.225.7%
+€785.0k
-47.1%PS0.2x
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Latest News

CLNX

€32.90

Cellnex Telecom

7D

-2.5%

1Y

2.8%

LLN

€1.14

LleidaNetworks Serveis Telemàtics

7D

-6.6%

1Y

-10.9%

VOC

€0.65

Vocento

7D

-2.1%

1Y

-21.6%

SEC

€25.60

Secuoya Grupo de Comunicación

7D

6.7%

1Y

82.9%

PAR

€3.48

Parlem Telecom Companyia de Telecomunicacions

7D

3.0%

1Y

-2.8%

MIO

€2.22

Media Investment Optimization

7D

5.7%

1Y

-47.1%

SQRL

€2.26

Squirrel Media

7D

0.4%

1Y

40.4%

MAKS

€9.20

Making Science Group

7D

-0.5%

1Y

5.7%

LLYC

€9.05

Llorente & Cuenca

7D

8.4%

1Y

-4.7%

PRS

€0.39

Promotora de Informaciones

7D

-0.3%

1Y

1.0%

CITY

€0.19

Club De Futbol Intercity Sad

7D

-17.9%

1Y

-66.7%