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Spanish (IBEX) Telecom Sector Analysis

UpdatedMay 04, 2026
DataAggregated Company Financials
Companies10
  • 7D-0.2%
  • 3M10.4%
  • 1Y-16.0%
  • YTD7.5%

Over the last 7 days, the Telecom industry has remained flat. Unfortunately though, the industry is down 16% over the past 12 months. 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
Mon, 04 May 2026€42.9b€42.2b-€2,261,083,455.0018.8x-19x1x
Wed, 01 Apr 2026€41.8b€42.1b-€2,479,021,655.0017.4x-16.9x1x
Fri, 27 Feb 2026€42.9b€42.6b-€2,055,339,110.0022x-20.9x1x
Sun, 25 Jan 2026€37.9b€47.6b-€1,141,339,110.0022.5x-33.2x0.8x
Tue, 23 Dec 2025€38.6b€47.6b-€1,141,339,110.0022.3x-33.8x0.8x
Thu, 20 Nov 2025€39.5b€47.6b-€1,141,339,110.0022.4x-34.6x0.8x
Sat, 18 Oct 2025€47.3b€47.5b-€476,863,852.0029.8x-99.1x1x
Mon, 15 Sep 2025€48.6b€47.5b-€476,863,852.0027.5x-101.9x1x
Wed, 13 Aug 2025€48.6b€47.5b-€475,506,852.0027.5x-102.1x1x
Fri, 11 Jul 2025€50.1b€47.0b-€470,735,852.0023.5x-106.3x1.1x
Sun, 08 Jun 2025€52.3b€47.0b-€470,735,852.0022.6x-111.2x1.1x
Tue, 06 May 2025€52.3b€47.2b-€315,204,239.0027.1x-165.9x1.1x
Thu, 03 Apr 2025€50.2b€46.8b-€313,325,204.0028.8x-160.2x1.1x
Sat, 01 Mar 2025€50.0b€48.9b€110.5m14.9x452.1x1x
Mon, 27 Jan 2025€44.9b€46.1b-€1,482,701,204.0010.1x-30.3x1x
Wed, 25 Dec 2024€45.1b€46.4b-€1,480,921,364.009.2x-30.5x1x
Fri, 22 Nov 2024€47.8b€46.5b-€1,480,921,364.0010.4x-32.3x1x
Sun, 20 Oct 2024€52.1b€46.7b-€1,252,048,684.0012.1x-41.6x1.1x
Tue, 17 Sep 2024€51.7b€46.7b-€1,252,048,684.0015.1x-41.3x1.1x
Thu, 15 Aug 2024€48.7b€46.7b-€1,252,048,684.0015.3x-38.9x1x
Sat, 13 Jul 2024€47.5b€46.4b-€978,517,684.0014.2x-48.6x1x
Mon, 10 Jun 2024€50.2b€46.4b-€972,881,831.0014.7x-51.6x1.1x
Wed, 08 May 2024€49.0b€46.3b-€1,195,792,214.0014.5x-40.9x1.1x
Fri, 05 Apr 2024€46.2b€46.3b-€1,246,855,629.0018.5x-37.1x1x
Sun, 03 Mar 2024€46.7b€46.5b-€1,311,568,629.0020.2x-35.6x1x
Tue, 30 Jan 2024€48.8b€47.2b€1.6b14.1x30.4x1x
Thu, 28 Dec 2023€47.9b€47.1b€1.6b13.3x30.1x1x
Sat, 25 Nov 2023€48.2b€47.8b€1.6b13.8x30.3x1x
Mon, 23 Oct 2023€42.7b€47.7b€1.5b14.2x28.4x0.9x
Wed, 20 Sep 2023€50.6b€47.7b€1.5b15.7x33.6x1.1x
Fri, 18 Aug 2023€42.7b€47.7b€1.5b13.8x28.3x0.9x
Sun, 16 Jul 2023€49.6b€47.4b€1.4b17x36.1x1x
Tue, 13 Jun 2023€50.1b€47.4b€1.4b17.4x36.4x1.1x
Thu, 11 May 2023€51.4b€46.8b€1.8b19.8x28.5x1.1x
Price to Earnings Ratio

28.5x


Total Market Cap: €51.4bTotal Earnings: €1.8bTotal Revenue: €46.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Spanish Telecom Sector Price to Earnings3Y Average -37.4x202420252026
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 Market0.22%
Telecom-0.25%
Media0.48%
Telecom Services and Carriers-0.25%
Entertainment-4.88%
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
TEF Telefónica€3.861.6%
+€337.8m
-13.7%PS0.6x
CLNX Cellnex Telecom€28.621.0%
+€195.4m
-19.4%PS4.7x
VOC Vocento€0.772.9%
+€2.6m
10.3%PS0.3x

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