A Look At The Intrinsic Value Of Spirent Communications plc (LON:SPT)
In this article we are going to estimate the intrinsic value of Spirent Communications plc ( LON:SPT ) by taking the...
Has the U.K. Communications Industry valuation changed over the past few years?
|Thu, 25 Nov 2021||UK£2.5b||UK£709.6m||UK£74.5m||28.2x|
|Sat, 23 Oct 2021||UK£2.9b||UK£935.3m||UK£75.2m||44.4x|
|Mon, 20 Sep 2021||UK£3.0b||UK£935.8m||UK£75.2m||42.1x|
|Wed, 18 Aug 2021||UK£2.6b||UK£681.9m||UK£70.4m||30.3x|
|Wed, 02 Jun 2021||UK£2.3b||UK£676.6m||UK£68.2m||35x|
|Sat, 06 Mar 2021||UK£2.3b||UK£678.7m||UK£64.3m||55.3x|
|Tue, 08 Dec 2020||UK£2.3b||UK£700.0m||UK£68.8m||38x|
|Mon, 31 Aug 2020||UK£2.6b||UK£692.1m||UK£70.7m||28.8x|
|Thu, 04 Jun 2020||UK£2.1b||UK£679.4m||UK£63.3m||54.9x|
|Sun, 08 Mar 2020||UK£1.7b||UK£627.0m||UK£59.6m||21.8x|
|Sat, 30 Nov 2019||UK£1.7b||UK£653.4m||UK£61.3m||23.7x|
|Tue, 03 Sep 2019||UK£1.5b||UK£632.3m||UK£55.3m||18.3x|
|Fri, 07 Jun 2019||UK£1.3b||UK£617.0m||UK£55.2m||14x|
|Thu, 28 Feb 2019||UK£1.3b||UK£619.7m||UK£50.3m||15.3x|
|Sun, 02 Dec 2018||UK£1.2b||UK£597.2m||UK£35.4m||14.8x|
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 27.6x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Communications industry have grown 28% per year over the last three years, and revenues for these companies have grown 5.9% per year. This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Which industries have driven the changes within the U.K. Communications industry?
Industry PE: Investors are most optimistic about the Communications Equipment industry, which is trading close to its 3-year average PE ratio of 27.6x. However analysts are expecting annual earnings growth of 8.3%, which is lower than the prior year's growth of 62% per year. So the market might believe that analysts are underestimating future growth.
Forecasted Growth: Analysts are most optimistic on the Communications Equipment industry, expecting annual earnings growth of 8.3% over the next 5 years. However this is lower than its past earnings growth rate of 62% per year.
Which companies have driven the market over the last 7 days?
|MWE M.T.I Wireless Edge||3.2%+UK£2.2m||30.9%||PE26x|
M.T.I Wireless Edge
SRT Marine Systems
BATM Advanced Communications