Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

U.K. (FTSE) Communications Industry Analysis

UpdatedFeb 20, 2026
DataAggregated Company Financials
Companies9
  • 7D1.8%
  • 3M28.3%
  • 1Y50.9%
  • YTD6.4%

The Communications industry is up 2.3% in the last week, with Filtronic up 3.1%. This takes the industry's 12 month performance to a gain of 57%. As for the next few years, earnings are expected to grow by 32% per annum.

Industry Valuation and Performance

Has the U.K. Communications Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 20 Feb 2026UK£828.7mUK£309.2mUK£2.8m77.7x298.2x2.7x
Sun, 18 Jan 2026UK£797.9mUK£310.3mUK£6.8m60x117x2.6x
Tue, 16 Dec 2025UK£665.3mUK£310.3mUK£6.8m61.4x97.6x2.1x
Thu, 13 Nov 2025UK£654.1mUK£310.7mUK£6.1m92.5x106.8x2.1x
Sat, 11 Oct 2025UK£1.8bUK£594.8m-UK£1,264,307.32149.4x-1449.2x3.1x
Mon, 08 Sep 2025UK£1.8bUK£589.2m-UK£1,927,445.5621x-940.5x3.1x
Wed, 06 Aug 2025UK£1.8bUK£595.0m-UK£1,529,406.1422.6x-1202.2x3.1x
Fri, 04 Jul 2025UK£1.8bUK£573.0m-UK£8,295,606.0832.6x-218.5x3.2x
Sun, 01 Jun 2025UK£1.7bUK£580.3m-UK£8,727,424.3726.4x-200x3x
Tue, 29 Apr 2025UK£1.6bUK£578.3m-UK£9,489,710.0315.8x-168.4x2.8x
Thu, 27 Mar 2025UK£1.6bUK£607.1m-UK£49,294,355.7019x-33.1x2.7x
Sat, 22 Feb 2025UK£1.6bUK£611.5m-UK£44,201,816.0517.7x-37x2.7x
Mon, 20 Jan 2025UK£1.6bUK£614.5m-UK£53,108,109.6439.8x-29.4x2.5x
Wed, 18 Dec 2024UK£1.5bUK£591.4m-UK£51,210,978.8133.4x-29x2.5x
Fri, 15 Nov 2024UK£1.4bUK£599.8m-UK£46,702,576.9352.3x-31x2.4x
Sun, 13 Oct 2024UK£1.4bUK£583.7m-UK£45,376,627.2746.7x-31.8x2.5x
Tue, 10 Sep 2024UK£1.4bUK£584.3m-UK£45,368,673.5354.6x-31.6x2.5x
Thu, 08 Aug 2024UK£1.4bUK£599.6m-UK£46,626,041.1746.6x-30.2x2.3x
Sat, 06 Jul 2024UK£1.4bUK£618.5m-UK£37,228,744.3812.5x-38.7x2.3x
Mon, 03 Jun 2024UK£1.4bUK£638.9m-UK£6,917,416.8312.5x-204.3x2.2x
Wed, 01 May 2024UK£1.5bUK£656.4m-UK£3,912,719.6511.4x-377.2x2.2x
Fri, 29 Mar 2024UK£1.5bUK£650.8m-UK£5,257,506.8612.6x-285.8x2.3x
Sun, 25 Feb 2024UK£1.0bUK£705.8mUK£30.7m11.4x33.3x1.5x
Tue, 23 Jan 2024UK£1.1bUK£703.8mUK£31.6m12.7x33.7x1.5x
Thu, 21 Dec 2023UK£1.0bUK£706.3mUK£31.7m12.3x32.4x1.5x
Sat, 18 Nov 2023UK£934.4mUK£737.1mUK£39.9m11.7x23.4x1.3x
Mon, 16 Oct 2023UK£870.6mUK£752.2mUK£40.7m11.2x21.4x1.2x
Wed, 13 Sep 2023UK£1.3bUK£734.1mUK£39.9m17.8x31.6x1.7x
Fri, 11 Aug 2023UK£1.4bUK£736.1mUK£44.8m19.5x30.4x1.9x
Sun, 09 Jul 2023UK£1.4bUK£767.6mUK£67.6m16.6x20.8x1.8x
Tue, 06 Jun 2023UK£1.5bUK£786.2mUK£68.1m15.6x21.7x1.9x
Thu, 04 May 2023UK£1.5bUK£779.1mUK£83.5m15.7x17.6x1.9x
Sat, 01 Apr 2023UK£1.4bUK£790.3mUK£84.7m18.7x16.9x1.8x
Mon, 27 Feb 2023UK£1.8bUK£816.0mUK£84.4m23.6x21.4x2.2x
Price to Earnings Ratio

21.4x


Total Market Cap: UK£1.8bTotal Earnings: UK£84.4mTotal Revenue: UK£816.0mTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Communications Industry Price to Earnings3Y Average -101x202420252026
Current Industry PE
  • Investors are optimistic on the British Communications industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 295x which is higher than its 3-year average PE of -101x.
  • The 3-year average PS ratio of 2.3x is lower than the industry's current PS ratio of 2.7x.
Past Earnings Growth
  • The earnings for companies in the Communications industry have declined 68% per year over the last three years,
  • Revenues have also declined 28% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

Which industries have driven the changes within the U.K. Tech industry?

GB Market1.89%
Tech2.65%
Communications1.82%
Communications Equipment1.82%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
FTC FiltronicUK£2.023.1%
+UK£13.2m		90.6%PE44.6x
MWE M.T.I Wireless EdgeUK£0.5811.4%
+UK£5.2m		8.3%PE13.7x
CLX Calnex SolutionsUK£0.554.8%
+UK£2.2m		-9.1%PE77.7x
AFRN AferianUK£0.006544.4%
+UK£222.4k		-82.7%PS0.03x
ENET Ethernity NetworksUK£0.0000433.3%
+UK£57.5k		-95.6%PS0.2x

Latest News

ENET
UK£0.00004
Ethernity Networks
7D
33.3%
1Y
-95.6%
FTC
UK£2.02
Filtronic
7D
3.1%
1Y
90.6%
AFRN
UK£0.0065
Aferian
7D
44.4%
1Y
-82.7%
CLX
UK£0.55
Calnex Solutions
7D
4.8%
1Y
-9.1%

What Calnex Solutions plc's (LON:CLX) 26% Share Price Gain Is Not Telling You

Feb 12
What Calnex Solutions plc's (LON:CLX) 26% Share Price Gain Is Not Telling You
SRT
UK£0.88
SRT Marine Systems
7D
-1.7%
1Y
80.4%
BVC
UK£0.14
BATM Advanced Communications
7D
-4.7%
1Y
-23.9%
MWE
UK£0.58
M.T.I Wireless Edge
7D
11.4%
1Y
8.3%

M.T.I Wireless Edge Ltd.'s (LON:MWE) Shares Bounce 29% But Its Business Still Trails The Market

Dec 04
M.T.I Wireless Edge Ltd.'s (LON:MWE) Shares Bounce 29% But Its Business Still Trails The Market