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- 7D-1.1%
- 3M103.8%
- 1Y219.3%
- YTD93.9%
Over the last 7 days, the Communications industry has dropped 4.1%, driven by Yangtze Optical Fibre And Cable Limited declining 1.8%. In contrast, Transtech Optelecom Science Holdings has gained 136%. In the past year, the industry has gained 211%. As for the next few years, earnings are expected to grow by 36% per annum.
Industry Valuation and Performance
Has the Hong Kong Communications Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 21 Apr 2026 | HK$385.3b | HK$258.0b | HK$6.9b | 20.7x | 55.9x | 1.5x |
| Thu, 19 Mar 2026 | HK$274.5b | HK$252.2b | HK$6.5b | 13.8x | 42.1x | 1.1x |
| Sat, 14 Feb 2026 | HK$255.6b | HK$250.4b | HK$6.4b | 14.6x | 39.7x | 1x |
| Mon, 12 Jan 2026 | HK$182.4b | HK$247.4b | HK$6.4b | 13.7x | 28.7x | 0.7x |
| Wed, 10 Dec 2025 | HK$164.0b | HK$244.3b | HK$6.3b | 14.2x | 26.1x | 0.7x |
| Fri, 07 Nov 2025 | HK$165.0b | HK$243.1b | HK$6.3b | 13.4x | 26x | 0.7x |
| Sun, 05 Oct 2025 | HK$198.4b | HK$242.7b | HK$6.4b | 13.2x | 31.1x | 0.8x |
| Tue, 02 Sep 2025 | HK$192.8b | HK$242.2b | HK$6.6b | 13x | 29.4x | 0.8x |
| Thu, 31 Jul 2025 | HK$136.3b | HK$240.4b | HK$6.0b | 14.4x | 22.6x | 0.6x |
| Sat, 28 Jun 2025 | HK$125.2b | HK$240.7b | HK$6.0b | 13.8x | 20.7x | 0.5x |
| Mon, 26 May 2025 | HK$123.5b | HK$239.9b | HK$6.0b | 12.7x | 20.5x | 0.5x |
| Wed, 23 Apr 2025 | HK$118.0b | HK$232.6b | HK$5.8b | 13.9x | 20.4x | 0.5x |
| Fri, 21 Mar 2025 | HK$161.8b | HK$208.5b | HK$6.7b | 13x | 24.2x | 0.8x |
| Sun, 16 Feb 2025 | HK$181.8b | HK$208.4b | HK$6.7b | 13.3x | 27.3x | 0.9x |
| Tue, 14 Jan 2025 | HK$123.2b | HK$206.5b | HK$6.6b | 10.2x | 18.6x | 0.6x |
| Thu, 12 Dec 2024 | HK$135.3b | HK$207.8b | HK$6.6b | 10.2x | 20.3x | 0.7x |
| Sat, 09 Nov 2024 | HK$112.3b | HK$210.8b | HK$6.8b | 11.5x | 16.6x | 0.5x |
| Mon, 07 Oct 2024 | HK$118.0b | HK$213.2b | HK$6.9b | 10.9x | 17x | 0.6x |
| Wed, 04 Sep 2024 | HK$97.6b | HK$212.3b | HK$6.9b | 9.1x | 14.1x | 0.5x |
| Fri, 02 Aug 2024 | HK$105.1b | HK$187.4b | HK$7.3b | 12.5x | 14.4x | 0.6x |
| Sun, 30 Jun 2024 | HK$125.6b | HK$186.7b | HK$7.2b | 16.4x | 17.5x | 0.7x |
| Tue, 28 May 2024 | HK$113.5b | HK$187.1b | HK$7.2b | 14.1x | 15.7x | 0.6x |
| Thu, 25 Apr 2024 | HK$89.3b | HK$189.1b | HK$7.4b | 12.6x | 12.1x | 0.5x |
| Sat, 23 Mar 2024 | HK$106.8b | HK$178.7b | HK$4.9b | 11.4x | 21.6x | 0.6x |
| Mon, 19 Feb 2024 | HK$102.9b | HK$180.0b | HK$5.1b | 9.1x | 20x | 0.6x |
| Wed, 17 Jan 2024 | HK$106.8b | HK$180.7b | HK$5.1b | 9.4x | 21x | 0.6x |
| Fri, 15 Dec 2023 | HK$107.9b | HK$181.6b | HK$5.1b | 10x | 21.1x | 0.6x |
| Sun, 12 Nov 2023 | HK$114.7b | HK$178.5b | HK$4.9b | 10.6x | 23.2x | 0.6x |
| Tue, 10 Oct 2023 | HK$124.5b | HK$179.7b | HK$5.0b | 10.8x | 24.7x | 0.7x |
| Thu, 07 Sep 2023 | HK$124.5b | HK$179.7b | HK$5.0b | 10.9x | 24.8x | 0.7x |
| Sat, 05 Aug 2023 | HK$111.2b | HK$167.2b | HK$3.6b | 13.6x | 30.6x | 0.7x |
| Mon, 03 Jul 2023 | HK$98.7b | HK$166.3b | HK$3.6b | 16.9x | 27.4x | 0.6x |
| Wed, 31 May 2023 | HK$95.1b | HK$169.8b | HK$3.6b | 12.9x | 26.3x | 0.6x |
| Fri, 28 Apr 2023 | HK$96.5b | HK$174.4b | HK$3.9b | 13.9x | 24.9x | 0.6x |
Price to Earnings Ratio
24.9x
Current Industry PE
- Investors are optimistic on the Hong Kong Communications industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 54.4x which is higher than its 3-year average PE of 23.6x.
- The 3-year average PS ratio of 0.66x is lower than the industry's current PS ratio of 1.5x.
Past Earnings Growth
- The earnings for companies in the Communications industry have grown 21% per year over the last three years.
- Revenues for these companies have grown 14% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Hong Kong Tech industry?
| HK Market | 1.70% | |
| Tech | 5.59% | |
| Communications | -1.05% | |
| Communications Equipment | -1.05% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 9963 Transtech Optelecom Science Holdings | HK$5.50 | 136.1% +HK$947.8m | 1,592.3% | PS17.1x | |
| 2342 Comba Telecom Systems Holdings | HK$1.60 | 9.6% +HK$438.5m | 8.8% | PE143.1x | |
| 1202 Chengdu SIWI Science and Technology | HK$1.68 | 32.3% +HK$164.0m | 130.1% | PE196.2x | |
| 1087 InvesTech Holdings | HK$0.69 | 39.4% +HK$39.0m | 100.0% | PS0.2x | |
| 1613 Synertone Communication | HK$0.17 | 6.1% +HK$5.4m | -43.3% | PS1.9x |
