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Hong Kong (HSI) Telecom Sector Analysis

UpdatedOct 14, 2024
DataAggregated Company Financials
Companies134
  • 7D-5.6%
  • 3M6.0%
  • 1Y27.6%
  • YTD31.8%

Over the last 7 days, the Telecom industry has dropped 5.6%, driven by a pullback from Tencent Holdings of 8.9%. On the other hand Lesi Group is actually up 30%. This takes the industry's 12 month performance to a gain of 28%. Looking forward, earnings are forecast to grow by 11% annually.

Sector Valuation and Performance

Has the Hong Kong Telecom Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 15 Oct 2024HK$7.3tHK$3.3tHK$406.9b11.2x18x2.2x
Thu, 12 Sep 2024HK$6.4tHK$3.3tHK$405.6b10.5x15.9x1.9x
Sat, 10 Aug 2024HK$6.4tHK$3.3tHK$377.5b10.4x17.1x2x
Mon, 08 Jul 2024HK$6.7tHK$3.2tHK$370.1b11.3x18.2x2.1x
Wed, 05 Jun 2024HK$6.7tHK$3.2tHK$371.0b11.6x18.1x2.1x
Fri, 03 May 2024HK$6.5tHK$3.2tHK$348.0b11.4x18.5x2x
Sun, 31 Mar 2024HK$5.8tHK$3.2tHK$346.8b11.7x16.8x1.8x
Tue, 27 Feb 2024HK$5.6tHK$3.2tHK$425.9b12.9x13.2x1.8x
Thu, 25 Jan 2024HK$5.5tHK$3.2tHK$429.8b12.2x12.7x1.7x
Sat, 23 Dec 2023HK$5.3tHK$3.2tHK$426.7b12.8x12.4x1.7x
Mon, 20 Nov 2023HK$5.8tHK$3.2tHK$408.9b12.6x14.1x1.8x
Wed, 18 Oct 2023HK$5.8tHK$3.1tHK$407.8b12.5x14.3x1.9x
Fri, 15 Sep 2023HK$6.1tHK$3.1tHK$409.0b11.1x14.8x1.9x
Sun, 13 Aug 2023HK$6.2tHK$3.1tHK$391.1b12.2x16x2x
Tue, 11 Jul 2023HK$6.0tHK$3.1tHK$385.1b13.7x15.6x2x
Thu, 08 Jun 2023HK$6.2tHK$3.1tHK$392.3b14.6x15.8x2x
Sat, 06 May 2023HK$6.4tHK$3.2tHK$395.8b15.2x16.3x2x
Mon, 03 Apr 2023HK$6.7tHK$3.1tHK$398.8b13x16.8x2.1x
Wed, 01 Mar 2023HK$6.1tHK$3.1tHK$381.4b11.5x15.9x2x
Fri, 27 Jan 2023HK$6.6tHK$3.1tHK$392.8b11.6x16.9x2.1x
Sun, 25 Dec 2022HK$5.5tHK$3.0tHK$380.8b10.4x14.5x1.8x
Tue, 22 Nov 2022HK$5.0tHK$3.0tHK$369.5b10.2x13.5x1.7x
Thu, 20 Oct 2022HK$4.5tHK$2.9tHK$370.7b10.3x12.3x1.6x
Sat, 17 Sep 2022HK$5.2tHK$3.0tHK$381.8b10.4x13.5x1.7x
Mon, 15 Aug 2022HK$5.4tHK$3.1tHK$415.0b9.2x13.1x1.8x
Wed, 13 Jul 2022HK$5.7tHK$3.1tHK$403.4b9.7x14.2x1.9x
Fri, 10 Jun 2022HK$6.3tHK$3.1tHK$405.6b10.6x15.5x2x
Sun, 08 May 2022HK$5.7tHK$3.1tHK$374.9b10.5x15.3x1.9x
Tue, 05 Apr 2022HK$6.4tHK$3.2tHK$386.8b11.6x16.5x2x
Thu, 03 Mar 2022HK$6.6tHK$3.1tHK$326.4b10.4x20.4x2.1x
Sat, 29 Jan 2022HK$7.0tHK$3.1tHK$321.5b10x21.9x2.3x
Mon, 27 Dec 2021HK$6.9tHK$3.1tHK$321.6b10.1x21.3x2.2x
Wed, 24 Nov 2021HK$7.2tHK$3.1tHK$293.2b12.2x24.5x2.3x
Fri, 22 Oct 2021HK$7.5tHK$3.0tHK$286.7b11.2x26x2.5x
Price to Earnings Ratio

26x


Total Market Cap: HK$7.5tTotal Earnings: HK$286.7bTotal Revenue: HK$3.0tTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Telecom Sector Price to Earnings3Y Average 16.3x202220232024
Current Industry PE
  • Investors are optimistic on the Hong Kong Communication Services industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 18.0x which is higher than its 3-year average PE of 16.3x.
  • The 3-year average PS ratio of 2.0x is lower than the industry's current PS ratio of 2.2x.
Past Earnings Growth
  • The earnings for companies in the Communication Services industry have grown 12% per year over the last three years.
  • Revenues for these companies have grown 3.7% 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 Telecom sector?

HK Market-6.19%
Telecom-5.62%
Media0.63%
Telecom Services and Carriers-0.47%
Wireless Telecom-1.26%
Interactive Media and Services-8.45%
Entertainment-8.53%
Industry PE
  • Investors are most optimistic about the Entertainment industry which is trading above its 3-year average PE ratio of 66.2x.
    • Analysts are expecting annual earnings growth of 28.4%, which is higher than its past year's earnings growth of 10.1% per year.
Forecasted Growth
  • Analysts are most optimistic on the Entertainment industry, expecting annual earnings growth of 28% over the next 5 years.
  • This is better than its past earnings growth rate of 10% per year.
  • In contrast, the Wireless Telecom industry is expected to see its earnings grow by 2.9% 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
2540 Lesi GroupHK$1.7029.8%
+HK$195.0m
n/aPE12.1x
2422 Rego InteractiveHK$0.5714.0%
+HK$105.0m
42.5%PE171.9x
2458 Gala Technology HoldingHK$4.6516.8%
+HK$92.5m
16.3%PE9.7x
1640 Ruicheng (China) Media GroupHK$2.496.9%
+HK$89.6m
479.1%PS5.6x
2309 ZO Future GroupHK$2.234.7%
+HK$81.5m
214.1%PS6.6x
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HK$49.60

Kuaishou Technology

7D

-19.0%

1Y

-20.6%

772

HK$28.15

China Literature

7D

-21.8%

1Y

-0.9%

2458

HK$4.65

Gala Technology Holding

7D

16.8%

1Y

16.3%

700

HK$436.00

Tencent Holdings

7D

-8.9%

1Y

44.8%

1640

HK$2.49

Ruicheng (China) Media Group

7D

6.9%

1Y

479.1%

941

HK$75.10

China Mobile

7D

-2.9%

1Y

15.8%

2422

HK$0.57

Rego Interactive

7D

14.0%

1Y

42.5%

391

HK$0.13

Mei Ah Entertainment Group

7D

4.9%

1Y

-26.7%

2309

HK$2.23

ZO Future Group

7D

4.7%

1Y

214.1%

2383

HK$0.58

TOM Group

7D

1.8%

1Y

-9.4%