Greek (ASE) Telecom Sector Analysis
UpdatedApr 16, 2024
DataAggregated Company Financials
Companies2
- 7D2.6%
- 3M9.9%
- 1Y1.7%
- YTD8.6%
In the last week, the Telecom industry is up 5.8%, with Hellenic Telecommunications Organization up 2.9%. This means that the industry has gained 3.1% over the past year. As for the next few years, earnings are expected to grow by 3.0% per annum.
Sector Valuation and Performance
Has the Greek Telecom Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 17 Apr 2024 | €5.9b | €3.5b | €532.3m | 10.8x | 11.1x | 1.7x |
| Fri, 15 Mar 2024 | €5.7b | €3.5b | €532.3m | 10.6x | 10.8x | 1.6x |
| Sun, 11 Feb 2024 | €5.5b | €3.4b | €390.0m | 11.5x | 14.2x | 1.6x |
| Tue, 09 Jan 2024 | €5.6b | €3.4b | €390.0m | 11.5x | 14.3x | 1.6x |
| Thu, 07 Dec 2023 | €5.4b | €3.4b | €390.0m | 11.5x | 14x | 1.6x |
| Sat, 04 Nov 2023 | €5.8b | €3.5b | €400.2m | 11.9x | 14.6x | 1.7x |
| Mon, 02 Oct 2023 | €5.9b | €3.6b | €394.8m | 11.9x | 14.9x | 1.6x |
| Wed, 30 Aug 2023 | €6.0b | €3.6b | €394.9m | 11.4x | 15.2x | 1.7x |
| Fri, 28 Jul 2023 | €6.2b | €3.6b | €392.3m | 8.4x | 15.9x | 1.7x |
| Sun, 25 Jun 2023 | €6.4b | €3.5b | €397.7m | 8.8x | 16x | 1.8x |
| Tue, 23 May 2023 | €6.0b | €3.5b | €397.7m | 8.3x | 15.1x | 1.7x |
| Thu, 20 Apr 2023 | €5.9b | €3.5b | €391.8m | 8.2x | 15.1x | 1.7x |
| Sat, 18 Mar 2023 | €5.5b | €3.5b | €391.8m | 8x | 14x | 1.6x |
| Mon, 13 Feb 2023 | €6.5b | €3.5b | €500.1m | 7.5x | 13x | 1.9x |
| Wed, 11 Jan 2023 | €6.3b | €3.5b | €500.1m | 7.2x | 12.5x | 1.8x |
| Fri, 09 Dec 2022 | €6.4b | €3.5b | €500.1m | 7.2x | 12.8x | 1.8x |
| Sun, 06 Nov 2022 | €6.9b | €3.4b | €537.8m | 7.5x | 12.9x | 2x |
| Tue, 04 Oct 2022 | €6.7b | €3.4b | €537.5m | 7.4x | 12.5x | 2x |
| Thu, 01 Sep 2022 | €7.1b | €3.6b | €530.4m | 7.6x | 13.4x | 2x |
| Sat, 30 Jul 2022 | €7.5b | €3.6b | €488.1m | 8.6x | 15.4x | 2.1x |
| Mon, 27 Jun 2022 | €7.2b | €3.6b | €488.1m | 8.3x | 14.8x | 2x |
| Wed, 25 May 2022 | €7.7b | €3.6b | €488.1m | 8.8x | 15.8x | 2.2x |
| Fri, 22 Apr 2022 | €8.1b | €3.5b | €449.1m | 17.6x | 17.9x | 2.3x |
| Sun, 20 Mar 2022 | €7.6b | €3.6b | €449.3m | 34.6x | 17x | 2.1x |
| Tue, 15 Feb 2022 | €7.9b | €3.5b | €360.3m | 37x | 22x | 2.2x |
| Thu, 13 Jan 2022 | €7.7b | €3.5b | €360.3m | 36.7x | 21.2x | 2.2x |
| Sat, 11 Dec 2021 | €7.3b | €3.5b | €360.3m | 36.2x | 20.2x | 2.1x |
| Mon, 08 Nov 2021 | €6.9b | €3.5b | €221.6m | 41.4x | 31.1x | 2x |
| Wed, 06 Oct 2021 | €7.2b | €3.5b | €229.8m | 31.6x | 31.5x | 2.1x |
| Fri, 03 Sep 2021 | €7.3b | €3.5b | €229.8m | 31.8x | 31.7x | 2.1x |
| Sun, 01 Aug 2021 | €7.1b | €3.5b | €229.8m | 30.9x | 30.8x | 2x |
| Wed, 05 May 2021 | €6.5b | €3.4b | €217.5m | 30.2x | 30x | 1.9x |
Price to Earnings Ratio
30x
Current Industry PE
- There are only 2 companies in the Greek Communication 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 Communication Services industry have grown 35% per year over the last three years, while revenues have remained mostly flat.
- This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.
Industry Trends
Which industries have driven the changes within the Greek Telecom sector?
| GR Market | -0.73% | |
| Telecom | 2.59% | |
| Telecom Services and Carriers | 2.59% | |
| Entertainment | 0% | |
| Interactive Media and Services | 0% | |
| Media | 0% | |
| Wireless Telecom | 0% | |
Industry PE
- Investors are most optimistic about the Telecom Services and Carriers industry even though it's trading below its 3-year average PE ratio of 17.9x.
- Analysts are expecting annual earnings growth of 3.0%, which is lower than the prior year's growth of 36.8% per year.
- Investors are most pessimistic about the Media industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted Growth
- Analysts are most optimistic on the Telecom Services and Carriers industry, expecting annual earnings growth of 3.0% over the next 5 years.
- In contrast, the Telecom Services and Carriers industry is expected to see its earnings grow by 3.0% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| HTO Hellenic Telecommunications Organization | €14.26 | 2.4% +€138.8m | 1.6% | PE11.1x | |
| AVE AVE | €0.50 | -1.2% €9.4m | -7.4% | PS0.6x |