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U.K. (FTSE) Integrated Telecom Services Industry Analysis

UpdatedMar 07, 2026
DataAggregated Company Financials
Companies3
  • 7D-3.9%
  • 3M16.6%
  • 1Y41.6%
  • YTDn/a

The Integrated Telecom Services industry has been flat over the last week, but BT Group has lost 4.8%. The past year has been better, since the industry has gained 49% in that time. As for the next few years, earnings are expected to grow by 23% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 07 Mar 2026UK£24.1bUK£22.6bUK£887.1m21.3x27.2x1.1x
Mon, 02 Feb 2026UK£30.6bUK£22.6bUK£887.2m19.7x34.5x1.4x
Wed, 31 Dec 2025UK£28.6bUK£22.7bUK£886.7m18.9x32.3x1.3x
Fri, 28 Nov 2025UK£28.2bUK£22.7bUK£886.5m18.6x31.8x1.2x
Sun, 26 Oct 2025UK£27.5bUK£22.5bUK£747.1m17.4x36.8x1.2x
Tue, 23 Sep 2025UK£28.4bUK£22.5bUK£747.3m18.3x38x1.3x
Thu, 21 Aug 2025UK£29.2bUK£22.4bUK£749.7m19.8x38.9x1.3x
Sat, 19 Jul 2025UK£25.0bUK£22.4bUK£749.8m18.4x33.3x1.1x
Mon, 16 Jun 2025UK£23.6bUK£20.6bUK£1.0b17.1x23.5x1.1x
Wed, 14 May 2025UK£20.8bUK£20.8bUK£715.6m20.7x29.1x1x
Fri, 11 Apr 2025UK£19.9bUK£20.8bUK£714.4m20.1x27.9x1x
Sun, 09 Mar 2025UK£20.2bUK£20.8bUK£715.7m20.5x28.2x1x
Tue, 04 Feb 2025UK£17.5bUK£20.8bUK£716.2m18.4x24.4x0.8x
Thu, 02 Jan 2025UK£17.3bUK£20.8bUK£716.5m18.4x24.1x0.8x
Sat, 30 Nov 2024UK£18.2bUK£20.8bUK£716.4m25.3x25.5x0.9x
Mon, 28 Oct 2024UK£16.6bUK£20.8bUK£842.1m23.4x19.8x0.8x
Wed, 25 Sep 2024UK£17.2bUK£20.8bUK£842.1m23.7x20.5x0.8x
Fri, 23 Aug 2024UK£15.7bUK£20.8bUK£841.8m22.9x18.7x0.8x
Sun, 21 Jul 2024UK£15.8bUK£20.8bUK£842.0m13.9x18.7x0.8x
Tue, 18 Jun 2024UK£15.5bUK£20.8bUK£841.9m13.8x18.4x0.7x
Thu, 16 May 2024UK£12.7bUK£20.7bUK£1.8b8.8x6.9x0.6x
Sat, 13 Apr 2024UK£12.2bUK£20.7bUK£1.9b8.6x6.6x0.6x
Mon, 11 Mar 2024UK£12.0bUK£20.7bUK£1.9b8.7x6.5x0.6x
Wed, 07 Feb 2024UK£11.9bUK£20.7bUK£1.9b8.6x6.4x0.6x
Fri, 05 Jan 2024UK£13.3bUK£20.8bUK£1.8b9x7.2x0.6x
Sun, 03 Dec 2023UK£13.3bUK£20.8bUK£1.8b9.1x7.2x0.6x
Tue, 31 Oct 2023UK£11.0bUK£20.7bUK£1.9b15.9x5.8x0.5x
Thu, 28 Sep 2023UK£11.5bUK£20.7bUK£1.9b16x6.1x0.6x
Sat, 26 Aug 2023UK£11.0bUK£20.7bUK£1.9b15.9x5.8x0.5x
Mon, 24 Jul 2023UK£12.3bUK£20.7bUK£1.9b6.4x6.5x0.6x
Wed, 21 Jun 2023UK£13.2bUK£20.7bUK£1.9b6.9x7x0.6x
Fri, 19 May 2023UK£13.9bUK£20.7bUK£1.9b7.3x7.3x0.7x
Sun, 16 Apr 2023UK£15.5bUK£20.8bUK£1.7b9x9.1x0.7x
Tue, 14 Mar 2023UK£14.1bUK£20.8bUK£1.7b8.2x8.3x0.7x
Price to Earnings Ratio

8.3x


Total Market Cap: UK£14.1bTotal Earnings: UK£1.7bTotal Revenue: UK£20.8bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Integrated Telecom Services Industry Price to Earnings3Y Average 19.3x202420252026
Current Industry PE
    There are only 3 companies in the British Integrated Telecommunication Services industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
  • The earnings for companies in the Integrated Telecommunication Services industry have declined 19% per year over the last three years.
  • Meanwhile revenues for these companies have grown 2.8% 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 Comparison

How does U.K. Integrated Telecom Services compare with similar industries?

GB Market-5.72%
Telecom-3.21%
Telecom Services and Carriers-3.73%
Integrated Telecom Services-3.87%
Alternative Carriers0.45%
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
ZEG Zegona CommunicationsUK£17.051.2%
+UK£37.0m		189.0%PS1.5x

Latest News

ZEG
UK£17.05
Zegona Communications
7D
1.2%
1Y
189.0%
HTWS
UK£1.91
Helios Towers
7D
-4.5%
1Y
97.5%

HTWS: Raised Price Forecast Will Support Future P/E Re-Rating Potential

Analysts lifted their price target on Helios Towers by £0.40, citing updated assumptions on fair value, discount rate and future P/E that refine their existing outlook rather than overhaul it. Analyst Commentary Bullish Takeaways Bullish analysts see the £0.40 price target lift as a refinement of their valuation framework, not a wholesale reset.
BT.A
UK£2.06
BT Group
7D
-4.8%
1Y
28.8%

BT.A: Execution Risks Around Margin Assumptions Will Limit Future Upside

Analysts have lifted their fair value estimate for BT Group from £1.35 to £1.40, reflecting updated assumptions around the discount rate, margins, future P/E and a recent move in Street price targets, including an increase from £2.40 to £2.50 by one firm. Analyst Commentary While the latest fair value adjustment and some Street targets support a modestly higher valuation for BT Group, not every analyst is leaning positive.