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U.K. (FTSE) Telecom Services and Carriers Industry Analysis

UpdatedJul 03, 2025
DataAggregated Company Financials
Companies5
  • 7D2.9%
  • 3M18.0%
  • 1Y53.0%
  • YTD36.4%

Over the last 7 days, the Telecom Services and Carriers industry has risen 1.4%, driven by gains from every company within the industry. This takes the industry's 12 month performance to a gain of 52%. Looking forward, earnings are forecast to grow by 22% annually.

Industry Valuation and Performance

Has the U.K. Telecom Services and Carriers Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 05 Jul 2025UK£25.2bUK£21.2bUK£1.1b16.5x23.6x1.2x
Mon, 02 Jun 2025UK£24.2bUK£21.2bUK£1.1b16.4x22.6x1.1x
Wed, 30 Apr 2025UK£23.0bUK£21.4bUK£783.5m19.5x29.4x1.1x
Fri, 28 Mar 2025UK£22.3bUK£21.4bUK£784.4m19.1x28.4x1x
Sun, 23 Feb 2025UK£20.2bUK£21.3bUK£771.3m21x26.2x0.9x
Tue, 21 Jan 2025UK£18.2bUK£21.3bUK£770.3m20.4x23.6x0.9x
Thu, 19 Dec 2024UK£18.3bUK£21.3bUK£771.5m22.7x23.8x0.9x
Sat, 16 Nov 2024UK£17.8bUK£21.3bUK£771.0m27.2x23.1x0.8x
Mon, 14 Oct 2024UK£18.2bUK£21.4bUK£896.9m27.5x20.3x0.9x
Wed, 11 Sep 2024UK£17.7bUK£21.3bUK£894.0m30.2x19.8x0.8x
Fri, 09 Aug 2024UK£16.6bUK£21.3bUK£893.9m26.9x18.6x0.8x
Sun, 07 Jul 2024UK£16.9bUK£21.3bUK£894.1m16x18.9x0.8x
Tue, 04 Jun 2024UK£16.3bUK£21.3bUK£894.0m15.1x18.3x0.8x
Thu, 02 May 2024UK£13.0bUK£21.3bUK£1.9b11.6x6.9x0.6x
Sat, 30 Mar 2024UK£13.6bUK£21.3bUK£1.9b11.6x7.2x0.6x
Mon, 26 Feb 2024UK£13.3bUK£21.3bUK£1.9b11.6x7x0.6x
Wed, 24 Jan 2024UK£13.7bUK£21.3bUK£1.9b11.6x7.2x0.6x
Fri, 22 Dec 2023UK£14.7bUK£21.3bUK£1.9b11.6x7.8x0.7x
Sun, 19 Nov 2023UK£12.7bUK£21.3bUK£1.9b11.6x6.7x0.6x
Tue, 17 Oct 2023UK£12.8bUK£21.3bUK£1.9b20x6.6x0.6x
Thu, 14 Sep 2023UK£12.7bUK£21.3bUK£1.9b21.8x6.5x0.6x
Sat, 12 Aug 2023UK£12.3bUK£21.3bUK£1.9b21.5x6.3x0.6x
Mon, 10 Jul 2023UK£13.1bUK£21.3bUK£1.9b14.3x6.7x0.6x
Wed, 07 Jun 2023UK£15.4bUK£21.3bUK£1.9b15.4x7.9x0.7x
Fri, 05 May 2023UK£16.2bUK£21.4bUK£1.7b15.6x9.3x0.8x
Sun, 02 Apr 2023UK£15.5bUK£21.4bUK£1.7b14.8x8.9x0.7x
Tue, 28 Feb 2023UK£15.1bUK£21.3bUK£1.7b13.8x8.6x0.7x
Thu, 26 Jan 2023UK£13.9bUK£21.5bUK£1.8b13.4x7.8x0.6x
Sat, 24 Dec 2022UK£12.3bUK£21.5bUK£1.8b12.1x6.9x0.6x
Mon, 21 Nov 2022UK£13.2bUK£21.5bUK£1.8b18.1x7.4x0.6x
Wed, 19 Oct 2022UK£13.6bUK£21.5bUK£1.7b17.8x7.8x0.6x
Fri, 16 Sep 2022UK£15.1bUK£21.5bUK£1.7b19.5x8.7x0.7x
Sun, 14 Aug 2022UK£18.2bUK£21.8bUK£1.6b21.5x11.5x0.8x
Tue, 12 Jul 2022UK£21.4bUK£21.8bUK£1.2b14.9x18.4x1x
Price to Earnings Ratio

18.4x


Total Market Cap: UK£21.4bTotal Earnings: UK£1.2bTotal Revenue: UK£21.8bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Telecom Services and Carriers Industry Price to Earnings3Y Average 14.4x202320242025
Current Industry PE
  • Investors are optimistic on the British Telecom industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 23.6x which is higher than its 3-year average PE of 14.4x.
  • The 3-year average PS ratio of 0.82x is lower than the industry's current PS ratio of 1.2x.
Past Earnings Growth
  • The earnings for companies in the Telecom industry have declined 2.9% per year 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 decreased profits.

Industry Trends

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

GB Market0.12%
Telecom1.39%
Telecom Services and Carriers2.90%
Integrated Telecom Services3.08%
Alternative Carriers-1.22%
Industry PE
  • Investors are most optimistic about the Integrated Telecom Services industry which is trading above its 3-year average PE ratio of 14.1x.
    • Analysts expect its future annual earnings growth (22.7%) to be largely in line with prior year's earnings growth.
  • Investors are most pessimistic about the Alternative Carriers industry, which is trading below its 3-year average of 25.1x.
Forecasted Growth
  • Analysts are most optimistic on the Integrated Telecom Services industry, expecting annual earnings growth of 23% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Alternative Carriers industry is expected to see its earnings grow by 7.6% 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
ZEG Zegona CommunicationsUK£7.509.0%
+UK£470.7m		186.3%PS21.9x
BT.A BT GroupUK£1.971.4%
+UK£293.5m		41.0%PE18.3x
HTWS Helios TowersUK£1.231.3%
+UK£16.9m		-0.8%PE52.8x

Latest News

HTWS
UK£1.23
Helios Towers
7D
1.3%
1Y
-0.8%
BT.A
UK£1.97
BT Group
7D
1.4%
1Y
41.0%

Returns On Capital At BT Group (LON:BT.A) Have Stalled

Jul 02
Returns On Capital At BT Group (LON:BT.A) Have Stalled
ZEG
UK£7.50
Zegona Communications
7D
9.0%
1Y
186.3%
GAMA
UK£11.24
Gamma Communications
7D
-1.2%
1Y
-21.8%

Pinning Down Gamma Communications plc's (LON:GAMA) P/E Is Difficult Right Now

Jun 17
Pinning Down Gamma Communications plc's (LON:GAMA) P/E Is Difficult Right Now