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Hong Kong (HSI) Telecom Sector Analysis

UpdatedJan 21, 2025
DataAggregated Company Financials
Companies135
  • 7D4.3%
  • 3M-1.5%
  • 1Y32.1%
  • YTD-2.2%

In the last week, the Telecom industry is up 2.1%, with Tencent Holdings up 6.5%. In the last 12 months, the industry was up 27%. Earnings are forecast to grow by 9.5% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 21 Jan 2025HK$7.4tHK$3.4tHK$447.1b11.1x16.5x2.2x
Thu, 19 Dec 2024HK$7.6tHK$3.4tHK$447.5b12.2x16.9x2.2x
Sat, 16 Nov 2024HK$7.3tHK$3.4tHK$450.4b11.5x16.3x2.2x
Mon, 14 Oct 2024HK$7.3tHK$3.3tHK$406.9b11.2x18x2.2x
Wed, 11 Sep 2024HK$6.5tHK$3.3tHK$405.1b10.7x16x1.9x
Fri, 09 Aug 2024HK$6.5tHK$3.3tHK$374.4b10.7x17.3x2x
Sun, 07 Jul 2024HK$6.7tHK$3.2tHK$370.1b11.3x18.2x2.1x
Tue, 04 Jun 2024HK$6.7tHK$3.2tHK$370.9b11.6x18.1x2.1x
Thu, 02 May 2024HK$6.3tHK$3.2tHK$348.2b11.5x18.1x2x
Sat, 30 Mar 2024HK$5.8tHK$3.2tHK$348.1b12.1x16.7x1.8x
Mon, 26 Feb 2024HK$5.7tHK$3.2tHK$426.1b13.2x13.4x1.8x
Wed, 24 Jan 2024HK$5.3tHK$3.2tHK$424.5b11.9x12.4x1.6x
Fri, 22 Dec 2023HK$5.7tHK$3.2tHK$425.4b13.2x13.4x1.8x
Sun, 19 Nov 2023HK$5.8tHK$3.2tHK$408.9b12.6x14.1x1.8x
Tue, 17 Oct 2023HK$5.8tHK$3.1tHK$407.8b12.5x14.3x1.9x
Thu, 14 Sep 2023HK$6.0tHK$3.1tHK$409.3b10.9x14.7x1.9x
Sat, 12 Aug 2023HK$6.2tHK$3.1tHK$391.2b12.2x16x2x
Mon, 10 Jul 2023HK$6.0tHK$3.1tHK$385.8b13.6x15.6x2x
Wed, 07 Jun 2023HK$6.2tHK$3.1tHK$392.0b14.2x15.8x2x
Fri, 05 May 2023HK$6.4tHK$3.2tHK$395.9b15x16.1x2x
Sun, 02 Apr 2023HK$6.7tHK$3.1tHK$398.8b13x16.8x2.1x
Tue, 28 Feb 2023HK$6.1tHK$3.1tHK$380.6b11.3x15.9x2x
Thu, 26 Jan 2023HK$6.5tHK$3.1tHK$392.7b11.5x16.5x2.1x
Sat, 24 Dec 2022HK$5.5tHK$3.0tHK$380.8b10.4x14.5x1.8x
Mon, 21 Nov 2022HK$5.0tHK$3.0tHK$369.5b10.2x13.6x1.7x
Wed, 19 Oct 2022HK$4.7tHK$2.9tHK$371.0b10.8x12.6x1.6x
Fri, 16 Sep 2022HK$5.3tHK$3.0tHK$383.5b10.7x13.7x1.7x
Sun, 14 Aug 2022HK$5.4tHK$3.1tHK$415.1b9.2x13.1x1.8x
Tue, 12 Jul 2022HK$5.8tHK$3.1tHK$404.9b9.8x14.2x1.9x
Thu, 09 Jun 2022HK$6.0tHK$3.1tHK$407.3b10.5x14.8x2x
Sat, 07 May 2022HK$5.7tHK$3.1tHK$375.5b10.5x15.3x1.9x
Mon, 04 Apr 2022HK$6.2tHK$3.2tHK$386.8b11.3x16.1x2x
Wed, 02 Mar 2022HK$6.8tHK$3.1tHK$326.6b10.6x20.8x2.2x
Fri, 28 Jan 2022HK$7.1tHK$3.1tHK$323.5b9.8x21.8x2.3x
Price to Earnings Ratio

21.8x


Total Market Cap: HK$7.1tTotal Earnings: HK$323.5bTotal Revenue: HK$3.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Telecom Sector Price to Earnings3Y Average 15.8x202320242025
Current Industry PE
  • Investors are relatively neutral on the Hong Kong Communication Services industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 15.8x.
  • The 3-year average PS ratio of 1.9x 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 11% per year over the last three years.
  • Revenues for these companies have grown 2.8% 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 Market3.38%
Telecom4.31%
Interactive Media and Services6.51%
Entertainment4.18%
Media3.80%
Wireless Telecom1.68%
Telecom Services and Carriers1.48%
Industry PE
  • Investors are most optimistic about the Entertainment industry even though it's trading below its 3-year average PE ratio of 42.1x.
    • Analysts are expecting annual earnings growth of 13.7%, which is higher than its past year's earnings growth of 10.1% per year.
Forecasted Growth
  • Analysts are most optimistic on the Media industry, expecting annual earnings growth of 26% over the next 5 years.
  • This is better than its past earnings decline of 2.2% per year.
  • In contrast, the Wireless Telecom industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
700 Tencent HoldingsHK$389.806.5%
+HK$211.8b
48.7%PE19.6x
941 China MobileHK$75.401.7%
+HK$26.9b
18.2%PE11.1x
9999 NetEaseHK$155.704.8%
+HK$22.9b
12.9%PE17.1x
1024 Kuaishou TechnologyHK$41.406.7%
+HK$11.1b
1.0%PE11.1x
788 China TowerHK$1.112.8%
+HK$5.2b
52.1%PE17.3x
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Latest News

1640

HK$3.75

Ruicheng (China) Media Group

7D

-3.8%

1Y

635.3%

547

HK$0.49

Digital Domain Holdings

7D

-2.0%

1Y

27.3%

700

HK$389.80

Tencent Holdings

7D

6.5%

1Y

48.7%

2486

HK$5.78

Plus Group Holdings

7D

-13.9%

1Y

75.2%

1450

HK$0.89

Be Friends Holding

7D

-6.3%

1Y

-41.1%

941

HK$75.40

China Mobile

7D

1.7%

1Y

18.2%

2422

HK$0.65

Rego Interactive

7D

-9.7%

1Y

47.7%

728

HK$4.75

China Telecom

7D

0.8%

1Y

27.3%