Header cover image

Hong Kong (HSI) Telecom Sector Analysis

UpdatedDec 07, 2022
DataAggregated Company Financials
Companies131
  • 7D6.2%
  • 3M4.4%
  • 1Y-21.5%
  • YTD-19.3%

The Telecom industry is up 6.2% in the last week, with Tencent Holdings up 4.5%. However, the industry is down 21% over the past year. As for the next few years, earnings are expected to grow by 16% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 08 Dec 2022HK$5.5tHK$3.0tHK$380.1b10x14.3x1.8x
Sat, 05 Nov 2022HK$4.4tHK$2.9tHK$368.1b10.2x12x1.5x
Mon, 03 Oct 2022HK$4.8tHK$3.0tHK$375.0b11.1x12.7x1.6x
Wed, 31 Aug 2022HK$5.6tHK$3.0tHK$383.6b11.9x14.5x1.8x
Fri, 29 Jul 2022HK$5.6tHK$3.0tHK$400.7b9.2x13.9x1.8x
Sun, 26 Jun 2022HK$6.2tHK$3.1tHK$405.3b10.3x15.2x2x
Tue, 24 May 2022HK$5.8tHK$3.1tHK$344.8b10.6x16.8x1.9x
Thu, 21 Apr 2022HK$6.0tHK$3.1tHK$385.6b10.9x15.6x1.9x
Sat, 19 Mar 2022HK$6.2tHK$3.1tHK$325.2b9.7x19x2x
Mon, 14 Feb 2022HK$7.4tHK$3.1tHK$322.2b11.1x22.8x2.4x
Wed, 12 Jan 2022HK$7.1tHK$3.1tHK$321.0b10x22x2.3x
Fri, 10 Dec 2021HK$7.0tHK$3.1tHK$322.9b10.9x21.8x2.3x
Sun, 07 Nov 2021HK$7.1tHK$3.0tHK$291.6b11.3x24.2x2.3x
Tue, 05 Oct 2021HK$6.8tHK$3.0tHK$284.3b10.8x24.1x2.3x
Thu, 02 Sep 2021HK$7.3tHK$2.9tHK$281.4b13.4x26x2.5x
Sat, 31 Jul 2021HK$7.0tHK$2.9tHK$281.4b11.8x25x2.4x
Tue, 04 May 2021HK$9.2tHK$2.8tHK$218.7b13.7x42.1x3.3x
Fri, 05 Feb 2021HK$8.5tHK$2.6tHK$360.6b14x23.5x3.2x
Mon, 09 Nov 2020HK$7.6tHK$2.5tHK$301.9b12.9x25.1x3.1x
Sun, 02 Aug 2020HK$7.2tHK$2.3tHK$272.2b14.2x26.3x3.1x
Wed, 06 May 2020HK$6.3tHK$2.3tHK$263.8b14.1x23.9x2.8x
Sat, 08 Feb 2020HK$6.0tHK$2.3tHK$273.2b15.8x21.9x2.6x
Price to Earnings Ratio

22.3x


Total Market Cap: HK$6.1tTotal Earnings: HK$273.0bTotal Revenue: HK$2.3tTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Telecom Sector Price to Earnings3Y Average 22.8x20212022
Current Industry PE
  • Investors are pessimistic on the Hong Kong Communication Services industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 14.3x which is lower than its 3-year average PE of 22.8x.
  • The 3-year average PS ratio of 2.5x is higher than the industry's current PS ratio of 1.8x.
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 9.5% 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 Market2.87%
Telecom6.25%
Interactive Media and Services8.89%
Entertainment5.49%
Telecom Services and Carriers3.36%
Wireless Telecom1.96%
Media-1.57%
Industry PE
  • Investors are most optimistic about the Interactive Media and Services industry even though it's trading below its 3-year average PE ratio of 46.7x.
    • Analysts are expecting annual earnings growth of 19.2%, which is higher than its past year's earnings growth of 2.1% per year.
Forecasted Growth
  • Analysts are most optimistic on the Entertainment industry, expecting annual earnings growth of 47% over the next 5 years.
  • This is better than its past earnings growth rate of 16% per year.
  • In contrast, the Media 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$300.204.5%
+HK$121.8b
-35.7%PE14.4x
1024 Kuaishou TechnologyHK$61.859.4%
+HK$22.8b
-26.5%PS2.6x
762 China Unicom (Hong Kong)HK$4.483.0%
+HK$4.0b
16.7%PE7.2x
1060 Alibaba Pictures GroupHK$0.5324.7%
+HK$2.8b
-30.3%PE64.1x
1357 MeituHK$1.4935.5%
+HK$1.7b
-11.3%PS3.2x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

772

HK$26.70

China Literature

7D

-4.1%

1Y

-52.2%

700

HK$300.20

Tencent Holdings

7D

4.5%

1Y

-35.7%

136

HK$1.84

China Ruyi Holdings

7D

7.6%

1Y

-39.9%

1060

HK$0.53

Alibaba Pictures Group

7D

24.7%

1Y

-30.3%

8446

HK$8.96

In Technical Productions Holdings

7D

19.1%

1Y

3,633.3%

6988

HK$1.64

Joy Spreader Group

7D

-9.9%

1Y

-24.4%

1024

HK$61.85

Kuaishou Technology

7D

9.4%

1Y

-26.5%

9899

HK$71.15

Cloud Music

7D

-3.7%

1Y

-65.0%

9857

HK$19.24

Linmon Media

7D

-12.3%

1Y

n/a

6610

HK$4.38

Flowing Cloud Technology

7D

-12.0%

1Y

n/a

1450

HK$2.09

Century Sage Scientific Holdings

7D

-12.9%

1Y

35.7%

1357

HK$1.49

Meitu

7D

35.5%

1Y

-11.3%

1119

HK$3.69

iDreamSky Technology Holdings

7D

-7.1%

1Y

-42.5%

762

HK$4.48

China Unicom (Hong Kong)

7D

3.0%

1Y

16.7%

728

HK$3.19

China Telecom

7D

0.3%

1Y

26.6%

941

HK$51.65

China Mobile

7D

-0.2%

1Y

10.8%