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French (CAC) Telecom Sector Analysis

UpdatedNov 15, 2025
DataAggregated Company Financials
Companies48
  • 7D0.5%
  • 3M-1.2%
  • 1Y-2.3%
  • YTD3.6%

The Telecom is pretty flat in the last 7 days, but Publicis Groupe has stood out, gaining 3.3%. In line with that, the industry has also been flat over the past 12 months. Earnings are forecast to grow by 18% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 16 Nov 2025€95.8b€95.0b€2.6b11.8x37x1x
Tue, 14 Oct 2025€94.7b€95.1b€2.6b12.5x36.8x1x
Thu, 11 Sep 2025€95.9b€95.1b€2.3b11.8x42.2x1x
Sat, 09 Aug 2025€96.2b€94.9b€2.3b11.5x42.7x1x
Mon, 07 Jul 2025€99.7b€94.8b€3.3b11.1x30x1.1x
Wed, 04 Jun 2025€99.2b€94.9b€3.3b13.1x30.1x1x
Fri, 02 May 2025€97.9b€95.1b€3.4b11.9x28.7x1x
Sun, 30 Mar 2025€97.2b€95.0b€3.4b12.3x28.4x1x
Tue, 25 Feb 2025€98.3b€124.5b€4.2b11x23.7x0.8x
Thu, 23 Jan 2025€94.5b€123.7b€4.7b10.9x20.3x0.8x
Sat, 21 Dec 2024€92.5b€118.5b€4.6b10.8x20.2x0.8x
Mon, 18 Nov 2024€98.4b€118.6b€4.6b11.3x21.4x0.8x
Wed, 16 Oct 2024€102.8b€118.8b€4.8b11.3x21.3x0.9x
Fri, 13 Sep 2024€102.8b€118.8b€4.9b12.9x21.2x0.9x
Sun, 11 Aug 2024€99.9b€118.8b€4.9b13.5x20.6x0.8x
Tue, 09 Jul 2024€102.9b€108.1b€5.3b13.8x19.2x1x
Thu, 06 Jun 2024€108.7b€108.1b€5.4b17.2x20.3x1x
Sat, 04 May 2024€107.6b€107.7b-€38,370,047,854.0017.2x-2.8x1x
Mon, 01 Apr 2024€107.8b€107.6b-€38,392,077,446.0018.3x-2.8x1x
Wed, 28 Feb 2024€107.3b€112.8b-€39,809,457,564.0018.2x-2.7x1x
Fri, 26 Jan 2024€105.1b€112.6b-€40,363,150,564.0018.6x-2.6x0.9x
Sun, 24 Dec 2023€100.5b€112.6b-€40,363,155,564.0017.4x-2.5x0.9x
Tue, 21 Nov 2023€98.0b€112.6b-€40,350,048,564.0018.3x-2.4x0.9x
Thu, 19 Oct 2023€96.4b€112.5b€2.7b18.2x35.7x0.9x
Sat, 16 Sep 2023€96.6b€112.3b€2.7b16.8x35.7x0.9x
Mon, 14 Aug 2023€95.4b€112.4b€2.7b15.9x35.2x0.8x
Wed, 12 Jul 2023€96.7b€110.8b€3.2b20.4x30.6x0.9x
Fri, 09 Jun 2023€98.4b€110.7b€3.1b16.3x31.4x0.9x
Sun, 07 May 2023€104.4b€111.5b€3.1b18.5x34.1x0.9x
Tue, 04 Apr 2023€102.2b€111.6b€3.1b15.2x33.2x0.9x
Thu, 02 Mar 2023€102.4b€113.7b-€10,138,495,964.0015.2x-10.1x0.9x
Sat, 28 Jan 2023€96.6b€110.9b-€8,050,744,621.0014.1x-12x0.9x
Mon, 26 Dec 2022€91.9b€110.9b-€8,048,081,726.0013.1x-11.4x0.8x
Wed, 23 Nov 2022€93.6b€110.8b-€8,042,566,599.0013.5x-11.6x0.8x
Price to Earnings Ratio

-11.6x


Total Market Cap: €93.6bTotal Earnings: -€8,042,566,599.00Total Revenue: €110.8bTotal Market Cap vs Earnings and Revenue0%0%0%
French Telecom Sector Price to Earnings3Y Average 19.1x202320242025
Current Industry PE
  • Investors are optimistic on the French Communication Services industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 37.5x which is higher than its 3-year average PE of 19.1x.
  • The 3-year average PS ratio of 0.92x is lower than the industry's current PS ratio of 1.0x.
Past Earnings Growth
  • Total earnings for the Communication Services industry have gone up over the last three years and the industry is now profitable.
  • Revenues have declined 5.0% per year.
  • This means that less sales are being generated overall, but since the cost of doing business is lower, profits have been increasing.

Industry Trends

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

FR Market2.86%
Telecom0.48%
Media2.20%
Entertainment0.37%
Wireless Telecom0%0
Interactive Media and Services-0.026%
Telecom Services and Carriers-1.04%
Industry PE
  • Investors are most optimistic about the Interactive Media and Services industry which is trading above its 3-year average PE ratio of 183x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
  • Analysts are most optimistic on the Telecom Services and Carriers industry, expecting annual earnings growth of 29% over the next 5 years.
  • This is better than its past earnings decline of 50% per year.
  • In contrast, the Media industry is expected to see its earnings grow by 8.6% 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
PUB Publicis Groupe€86.923.3%
+€687.2m
-11.3%PE12.7x
UBI Ubisoft Entertainment€6.7711.3%
+€91.2m
-49.9%PS0.5x
MMB Lagardere€18.922.2%
+€56.7m
-10.1%PE12.6x
ETL Eutelsat Communications€3.223.2%
+€47.5m
-13.5%PS1.2x
IPS Ipsos€32.322.0%
+€26.8m
-28.1%PE7.8x

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