Analysts Have Made A Financial Statement On Elisa Oyj's (HEL:ELISA) Second-Quarter Report
Jul 19
Finnish (OMX) Telecom Sector Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies7
- 7D0.9%
- 3M0.3%
- 1Y-9.4%
- YTD0.1%
Over the last 7 days, the Telecom industry has remained flat, although notably Sanoma Oyj gained 4.7%. Unfortunately though, the industry is down 9.4% over the past 12 months. As for the next few years, earnings are expected to grow by 11% per annum.
Sector Valuation and Performance
Has the Finnish Telecom Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | €9.3b | €4.3b | €426.4m | 17.8x | 21.7x | 2.1x |
| Sun, 23 Jun 2024 | €9.3b | €4.3b | €394.4m | 17x | 23.5x | 2.1x |
| Tue, 21 May 2024 | €9.2b | €4.3b | €394.4m | 17.1x | 23.4x | 2.1x |
| Thu, 18 Apr 2024 | €8.9b | €4.3b | €391.0m | 17.3x | 22.7x | 2.1x |
| Sat, 16 Mar 2024 | €9.1b | €4.3b | €404.2m | 17x | 22.4x | 2.1x |
| Mon, 12 Feb 2024 | €8.9b | €4.3b | €425.4m | 18.2x | 20.9x | 2.1x |
| Wed, 10 Jan 2024 | €10.1b | €4.7b | €464.7m | 24.9x | 21.8x | 2.2x |
| Fri, 08 Dec 2023 | €10.0b | €4.7b | €464.7m | 24.6x | 21.4x | 2.1x |
| Sun, 05 Nov 2023 | €10.1b | €4.7b | €464.7m | 24.1x | 21.7x | 2.1x |
| Tue, 03 Oct 2023 | €10.3b | €4.6b | €456.1m | 25.5x | 22.5x | 2.2x |
| Thu, 31 Aug 2023 | €10.4b | €4.6b | €456.1m | 25.5x | 22.9x | 2.3x |
| Sat, 29 Jul 2023 | €11.0b | €4.6b | €472.6m | 24.4x | 23.3x | 2.4x |
| Mon, 26 Jun 2023 | €11.1b | €4.6b | €518.5m | 20.7x | 21.4x | 2.4x |
| Wed, 24 May 2023 | €12.1b | €4.6b | €518.5m | 22.4x | 23.4x | 2.6x |
| Fri, 21 Apr 2023 | €12.3b | €4.6b | €544.9m | 23.4x | 22.6x | 2.7x |
| Sun, 19 Mar 2023 | €12.1b | €4.6b | €541.6m | 23.5x | 22.4x | 2.7x |
| Tue, 14 Feb 2023 | €12.0b | €4.6b | €553.7m | 21x | 21.8x | 2.6x |
| Thu, 12 Jan 2023 | €11.7b | €4.5b | €567.7m | 19.3x | 20.7x | 2.6x |
| Sat, 10 Dec 2022 | €11.8b | €4.5b | €566.8m | 18.5x | 20.8x | 2.6x |
| Mon, 07 Nov 2022 | €11.5b | €4.5b | €567.7m | 16.8x | 20.2x | 2.5x |
| Wed, 05 Oct 2022 | €11.5b | €4.5b | €582.7m | 16x | 19.7x | 2.6x |
| Fri, 02 Sep 2022 | €12.7b | €4.5b | €582.8m | 16.6x | 21.7x | 2.8x |
| Sun, 31 Jul 2022 | €13.0b | €4.4b | €577.2m | 17.7x | 22.5x | 2.9x |
| Tue, 28 Jun 2022 | €12.9b | €4.4b | €559.9m | 18.2x | 23x | 2.9x |
| Thu, 26 May 2022 | €13.0b | €4.4b | €559.9m | 19.4x | 23.3x | 3x |
| Sat, 23 Apr 2022 | €12.9b | €4.3b | €541.4m | 18.8x | 23.8x | 3x |
| Mon, 21 Mar 2022 | €12.7b | €4.3b | €541.4m | 19.1x | 23.5x | 3x |
| Wed, 16 Feb 2022 | €12.5b | €4.3b | €565.8m | 19.4x | 22.1x | 2.9x |
| Fri, 14 Jan 2022 | €13.0b | €4.2b | €549.5m | 21.1x | 23.6x | 3.1x |
| Sun, 12 Dec 2021 | €13.1b | €4.2b | €549.5m | 20.6x | 23.8x | 3.1x |
| Tue, 09 Nov 2021 | €13.3b | €4.2b | €550.4m | 22.2x | 24.2x | 3.2x |
| Thu, 07 Oct 2021 | €13.2b | €4.1b | €676.3m | 15x | 19.5x | 3.2x |
| Sat, 04 Sep 2021 | €13.8b | €4.1b | €677.1m | 16.7x | 20.4x | 3.4x |
| Mon, 02 Aug 2021 | €13.7b | €4.1b | €677.1m | 17.1x | 20.2x | 3.4x |
Price to Earnings Ratio
20.2x
Current Industry PE
- Investors are relatively neutral on the Finnish 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 PE ratio of 22.2x.
- The 3-year average PS ratio of 2.6x is higher than the industry's current PS ratio of 2.1x.
Past Earnings Growth
- The earnings for companies in the Communication Services industry have declined 14% per year over the last three years.
- Meanwhile revenues for these companies have grown 2.0% per year.
- This means that although more sales are being generated, 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 Finnish Telecom sector?
| FI Market | -1.31% | |
| Telecom | 0.87% | |
| Media | 1.58% | |
| Telecom Services and Carriers | 0.76% | |
| Interactive Media and Services | 0% | |
| Wireless Telecom | 0% | |
| Entertainment | -2.05% | |
Industry PE
- Investors are most optimistic about the Media industry which is trading above its 3-year average PE ratio of 23.7x.
- Analysts are expecting annual earnings growth of 21.9%, which is lower than the prior year's growth of 144.8% per year.
Forecasted Growth
- Analysts are most optimistic on the Entertainment industry, expecting annual earnings growth of 88% over the next 5 years.
- In contrast, the Telecom Services and Carriers industry is expected to see its earnings grow by 5.3% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| SANOMA Sanoma Oyj | €6.85 | 6.4% +€67.0m | -5.1% | PE28x | |
| ALMA Alma Media Oyj | €10.60 | 0.5% +€4.1m | 16.5% | PE17x | |
| ELISA Elisa Oyj | €42.68 | 0.05% +€3.2m | -11.1% | PE18.6x |
