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Spanish (IBEX) Telecom Sector Analysis

UpdatedMay 05, 2026
DataAggregated Company Financials
Companies10
  • 7D0.8%
  • 3M9.7%
  • 1Y-16.4%
  • YTD7.1%

In the last week, the Telecom industry is flat overall, with Squirrel Media standing out by going down 8.7%. As for the longer term, the industry has declined 16% in the last year. Looking forward, earnings are forecast to grow by 72% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 05 May 2026€42.8b€42.2b-€2,261,083,455.0018.5x-18.9x1x
Thu, 02 Apr 2026€42.2b€42.1b-€2,479,021,655.0017.8x-17x1x
Sat, 28 Feb 2026€44.7b€42.6b-€2,320,339,110.0021.9x-19.3x1x
Mon, 26 Jan 2026€37.9b€47.6b-€1,141,339,110.0022.5x-33.2x0.8x
Wed, 24 Dec 2025€38.8b€47.6b-€1,141,339,110.0022.1x-34x0.8x
Fri, 21 Nov 2025€39.3b€47.6b-€1,141,339,110.0022.6x-34.5x0.8x
Sun, 19 Oct 2025€47.3b€47.5b-€476,863,852.0029.8x-99.1x1x
Tue, 16 Sep 2025€48.3b€47.5b-€476,863,852.0028.2x-101.2x1x
Thu, 14 Aug 2025€49.0b€47.5b-€475,506,852.0027.5x-103.1x1x
Sat, 12 Jul 2025€50.1b€47.0b-€470,735,852.0023.5x-106.3x1.1x
Mon, 09 Jun 2025€52.3b€47.0b-€470,735,852.0022.6x-111.2x1.1x
Wed, 07 May 2025€52.5b€47.2b-€315,204,239.0027.4x-166.5x1.1x
Fri, 04 Apr 2025€52.0b€46.8b-€313,325,204.0030x-165.9x1.1x
Sun, 02 Mar 2025€50.3b€46.9b-€158,524,204.0014.9x-317.5x1.1x
Tue, 28 Jan 2025€44.9b€46.1b-€1,482,701,204.009.9x-30.3x1x
Thu, 26 Dec 2024€45.1b€46.4b-€1,480,921,364.009.2x-30.5x1x
Sat, 23 Nov 2024€48.7b€46.5b-€1,480,921,364.0010.4x-32.9x1x
Mon, 21 Oct 2024€52.1b€46.7b-€1,252,048,684.0012.1x-41.6x1.1x
Wed, 18 Sep 2024€52.1b€46.7b-€1,252,048,684.0015.1x-41.6x1.1x
Fri, 16 Aug 2024€48.4b€46.7b-€1,252,048,684.0015.3x-38.7x1x
Sun, 14 Jul 2024€47.5b€46.4b-€978,517,684.0014.2x-48.6x1x
Tue, 11 Jun 2024€50.2b€46.4b-€972,881,831.0014.5x-51.6x1.1x
Thu, 09 May 2024€48.5b€46.3b-€1,195,792,214.0014.6x-40.5x1x
Sat, 06 Apr 2024€45.1b€46.3b-€1,246,855,629.0018.4x-36.1x1x
Mon, 04 Mar 2024€46.7b€46.5b-€1,311,568,629.0020.2x-35.6x1x
Wed, 31 Jan 2024€48.5b€47.2b€1.6b14.2x30.2x1x
Fri, 29 Dec 2023€47.7b€47.1b€1.6b13x30x1x
Sun, 26 Nov 2023€48.2b€47.8b€1.6b13.8x30.3x1x
Tue, 24 Oct 2023€41.9b€47.7b€1.5b14.1x27.9x0.9x
Thu, 21 Sep 2023€51.1b€47.7b€1.5b15.9x34x1.1x
Sat, 19 Aug 2023€42.8b€47.7b€1.5b13.8x28.5x0.9x
Mon, 17 Jul 2023€49.6b€47.4b€1.4b17x36.1x1x
Wed, 14 Jun 2023€48.8b€47.4b€1.4b17.4x35.4x1x
Fri, 12 May 2023€50.8b€46.8b€1.8b22.8x28.2x1.1x
Price to Earnings Ratio

28.2x


Total Market Cap: €50.8bTotal Earnings: €1.8bTotal Revenue: €46.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Spanish Telecom Sector Price to Earnings3Y Average -37.5x202420252026
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.
  • Revenues have also declined 3.4% per year, which is driving profits down.

Industry Trends

Which industries have driven the changes within the Spanish Telecom sector?

ES Market-1.87%
Telecom0.84%
Telecom Services and Carriers0.99%
Media-1.17%
Entertainment-8.76%
Industry PE
  • Investors are most optimistic about the Entertainment industry even though it's trading below its 3-year average PE ratio of 49.2x.
    • Analysts are expecting annual earnings growth of 25.4%, which is lower than the prior year's growth of 110.5% per year.
Forecasted Growth
  • Analysts are most optimistic on the Telecom Services and Carriers industry, expecting annual earnings growth of 74% over the next 5 years.
  • In contrast, the Media industry is expected to see its earnings grow by 19% 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
CLNX Cellnex Telecom€28.691.3%
+€242.6m
-19.2%PS4.7x
TEF Telefónica€3.830.7%
+€157.7m
-14.5%PS0.6x
VOC Vocento€0.784.0%
+€3.6m
11.4%PS0.3x
MAKS Making Science Group€8.401.8%
+€1.4m
-3.4%PS0.2x

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