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Spanish (IBEX) Telecom Sector Analysis

UpdatedJul 13, 2025
DataAggregated Company Financials
Companies11
  • 7D-2.2%
  • 3M3.6%
  • 1Y4.1%
  • YTD8.4%

Over the last 7 days, the Telecom industry has dropped 2.0%, driven by Cellnex Telecom declining 3.0%. Over the past 12 months, the industry was up 4.3%. 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
Sun, 13 Jul 2025€50.0b€47.0b-€470,735,852.0024.1x-106.1x1.1x
Tue, 10 Jun 2025€52.0b€47.0b-€470,735,852.0022.8x-110.6x1.1x
Thu, 08 May 2025€52.1b€47.2b-€315,204,239.0028.4x-165.3x1.1x
Sat, 05 Apr 2025€50.0b€46.8b-€313,325,204.0029x-159.6x1.1x
Mon, 03 Mar 2025€50.3b€47.0b-€218,661,204.0014.9x-230.2x1.1x
Wed, 29 Jan 2025€45.9b€46.1b-€1,482,701,204.0010.6x-31x1x
Fri, 27 Dec 2024€45.1b€46.4b-€1,480,921,364.009.2x-30.5x1x
Sun, 24 Nov 2024€48.7b€46.4b-€1,480,921,364.0010.4x-32.9x1x
Tue, 22 Oct 2024€51.4b€46.7b-€1,252,048,684.0012x-41.1x1.1x
Thu, 19 Sep 2024€52.4b€46.7b-€1,252,048,684.0015.1x-41.8x1.1x
Sat, 17 Aug 2024€48.6b€46.7b-€1,252,048,684.0014.9x-38.8x1x
Mon, 15 Jul 2024€47.5b€46.4b-€978,517,684.0014.2x-48.6x1x
Wed, 12 Jun 2024€48.8b€46.4b-€972,881,831.0014.5x-50.2x1.1x
Fri, 10 May 2024€48.5b€46.4b-€961,792,214.0014.5x-50.4x1x
Sun, 07 Apr 2024€45.1b€46.3b-€1,246,855,629.0018.4x-36.1x1x
Tue, 05 Mar 2024€46.6b€46.3b-€1,311,788,629.0020.2x-35.6x1x
Thu, 01 Feb 2024€49.0b€47.2b€1.6b14.2x30.5x1x
Sat, 30 Dec 2023€47.5b€47.1b€1.6b13x29.8x1x
Mon, 27 Nov 2023€48.2b€47.8b€1.6b13.8x30.3x1x
Wed, 25 Oct 2023€41.9b€47.7b€1.5b13.7x27.9x0.9x
Fri, 22 Sep 2023€50.5b€47.7b€1.5b15.8x33.6x1.1x
Sun, 20 Aug 2023€42.8b€47.7b€1.5b13.8x28.5x0.9x
Tue, 18 Jul 2023€49.3b€47.4b€1.4b17x35.9x1x
Thu, 15 Jun 2023€48.7b€47.4b€1.4b17.4x35.4x1x
Sat, 13 May 2023€51.1b€47.1b€1.4b23.1x36.7x1.1x
Mon, 10 Apr 2023€52.3b€46.5b€1.8b19.9x29x1.1x
Wed, 08 Mar 2023€49.5b€46.5b€1.8b23.5x27.5x1.1x
Fri, 03 Feb 2023€48.8b€46.0b-€124,163,591.0035.3x-393.2x1.1x
Sun, 01 Jan 2023€43.8b€46.0b-€119,036,255.0033.7x-368x1x
Tue, 29 Nov 2022€46.4b€46.0b-€115,721,256.0035.9x-401x1x
Thu, 27 Oct 2022€42.1b€44.5b€136.4m25.9x308.5x0.9x
Sat, 24 Sep 2022€44.2b€44.5b€136.4m26.5x324.1x1x
Mon, 22 Aug 2022€55.0b€44.5b€136.4m28.6x403.1x1.2x
Wed, 20 Jul 2022€57.9b€44.4b€7.6b6.4x7.6x1.3x
Price to Earnings Ratio

7.6x


Total Market Cap: €57.9bTotal Earnings: €7.6bTotal Revenue: €44.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Spanish Telecom Sector Price to Earnings3Y Average -27.1x202320242025
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-0.013%
Telecom-2.18%
Media0.86%
Entertainment-0.67%
Telecom Services and Carriers-2.29%
Industry PE
  • Investors are most optimistic about the Entertainment industry which is trading above its 3-year average PE ratio of 29.5x.
    • Analysts are expecting annual earnings growth of 34.5%, which is higher than its past year's earnings decline of 72.0% per year.
Forecasted Growth
  • Analysts are most optimistic on the Telecom Services and Carriers industry, expecting annual earnings growth of 47% over the next 5 years.
  • In contrast, the Media industry is expected to see its earnings grow by 6.1% 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
A3M Atresmedia Corporación de Medios de Comunicación€5.151.6%
+€18.0m
12.8%PE9.6x
PAR Parlem Telecom Companyia de Telecomunicacions€3.602.9%
+€2.0m
5.3%PS1.4x
VOC Vocento€0.640.9%
+€722.8k
-23.1%PS0.2x
LLN LleidaNetworks Serveis Telemàtics€1.251.6%
+€316.9k
13.1%PE21.6x