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Spanish (IBEX) Telecom Sector Analysis

UpdatedNov 11, 2025
DataAggregated Company Financials
Companies10
  • 7D-1.6%
  • 3M-17.2%
  • 1Y-13.2%
  • YTD-10.4%

Over the last 7 days, the Telecom industry has dropped 9.8%, driven by Telefónica declining 17%. However, the industry is down 15% over the past year. Looking forward, earnings are forecast to grow by 65% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 12 Nov 2025€40.1b€47.6b-€1,123,855,992.0023.6x-35.6x0.8x
Fri, 10 Oct 2025€47.0b€47.5b-€476,863,852.0029.8x-98.6x1x
Sun, 07 Sep 2025€48.5b€47.5b-€475,506,852.0029.5x-102x1x
Tue, 05 Aug 2025€49.0b€46.8b-€475,506,852.0027.5x-103x1x
Thu, 03 Jul 2025€51.3b€47.0b-€470,735,852.0023.7x-109x1.1x
Sat, 31 May 2025€52.5b€47.0b-€470,735,852.0023.8x-111.5x1.1x
Mon, 28 Apr 2025€51.1b€47.2b-€315,204,239.0025x-162.2x1.1x
Wed, 26 Mar 2025€49.0b€46.9b-€223,379,204.0031.7x-219.2x1x
Fri, 21 Feb 2025€46.7b€46.1b-€1,482,701,204.0013.1x-31.5x1x
Sun, 19 Jan 2025€46.6b€46.1b-€1,482,701,204.0010x-31.4x1x
Tue, 17 Dec 2024€48.0b€46.4b-€1,480,921,364.009.8x-32.4x1x
Thu, 14 Nov 2024€46.8b€46.4b-€1,473,182,883.0010.8x-31.8x1x
Sat, 12 Oct 2024€51.3b€46.7b-€1,252,048,684.0012.4x-41x1.1x
Mon, 09 Sep 2024€50.2b€46.7b-€1,252,048,684.0014.8x-40.1x1.1x
Wed, 07 Aug 2024€47.6b€46.7b-€1,252,048,684.0015.3x-38x1x
Fri, 05 Jul 2024€45.8b€46.4b-€974,743,684.0014.4x-47x1x
Sun, 02 Jun 2024€49.6b€46.4b-€971,406,347.0014.9x-51x1.1x
Tue, 30 Apr 2024€48.0b€46.3b-€1,195,792,214.0014.1x-40.2x1x
Thu, 28 Mar 2024€47.9b€46.3b-€1,246,855,629.0018.3x-38.4x1x
Sat, 24 Feb 2024€47.0b€46.2b-€1,265,151,629.0022.6x-37.2x1x
Mon, 22 Jan 2024€47.6b€47.2b€1.6b14x29.6x1x
Wed, 20 Dec 2023€47.7b€47.1b€1.6b13.2x30x1x
Fri, 17 Nov 2023€46.0b€47.8b€1.6b13.7x28.9x1x
Sun, 15 Oct 2023€45.0b€47.7b€1.5b14.6x29.9x0.9x
Tue, 12 Sep 2023€49.2b€47.7b€1.5b15.6x32.7x1x
Thu, 10 Aug 2023€43.8b€47.7b€1.5b13.8x29.1x0.9x
Sat, 08 Jul 2023€48.5b€47.4b€1.4b17.4x35.3x1x
Mon, 05 Jun 2023€51.4b€47.4b€1.4b21.7x37.3x1.1x
Wed, 03 May 2023€51.9b€46.8b€1.8b20.7x28.7x1.1x
Fri, 31 Mar 2023€50.0b€46.5b€1.8b19.9x27.7x1.1x
Sun, 26 Feb 2023€49.8b€46.5b€1.6b24.9x30.5x1.1x
Tue, 24 Jan 2023€48.4b€46.0b-€124,163,591.0035.8x-390.2x1.1x
Thu, 22 Dec 2022€43.4b€46.0b-€119,036,255.0037x-364.7x0.9x
Sat, 19 Nov 2022€46.0b€46.0b-€115,721,256.0034x-397.3x1x
Price to Earnings Ratio

-397.3x


Total Market Cap: €46.0bTotal Earnings: -€115,721,256.00Total Revenue: €46.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Spanish Telecom Sector Price to Earnings3Y Average -68x202320242025
Current Industry PE
  • Investors are pessimistic on the Spanish Communication Services industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The 3-year average PS ratio of 1.0x is higher than the industry's current PS ratio of 0.85x.
Past Earnings Growth
  • The earnings for companies in the Communication Services industry have deteriorated over the last three years.
  • 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 caused losses to expand.

Industry Trends

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

ES Market2.12%
Telecom-1.58%
Media2.16%
Telecom Services and Carriers-1.73%
Entertainment-3.72%
Industry PE
  • Investors are most optimistic about the Entertainment industry which is trading above its 3-year average PE ratio of 35.8x.
    • Analysts are expecting annual earnings growth of 42.1%, which is higher than its past year's earnings decline of 88.0% per year.
Forecasted Growth
  • Analysts are most optimistic on the Telecom Services and Carriers industry, expecting annual earnings growth of 67% over the next 5 years.
  • In contrast, the Media industry is expected to see its earnings grow by 7.1% 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€5.372.9%
+€33.8m
20.9%PE10.5x
PRS Promotora de Informaciones€0.373.6%
+€17.5m
8.4%PS0.6x
VOC Vocento€0.675.7%
+€4.3m
1.5%PS0.2x

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