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Hong Kong (HSI) Telecom Services and Carriers Industry Analysis

UpdatedSep 20, 2024
DataAggregated Company Financials
Companies9
  • 7D3.0%
  • 3M-0.8%
  • 1Y12.9%
  • YTD19.2%

Over the last 7 days, the Telecom Services and Carriers industry has dropped 2.9%, driven by China Telecom declining 3.1%. In contrast, HKBN has gained 6.0%. Over the past 12 months, the industry was up 11%. Looking forward, earnings are forecast to grow by 12% annually.

Industry Valuation and Performance

Has the Hong Kong Telecom Services and Carriers Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 20 Sep 2024HK$1.1tHK$1.2tHK$73.4b10x14.4x0.9x
Sun, 18 Aug 2024HK$1.1tHK$1.2tHK$71.3b10.6x14.8x0.9x
Tue, 16 Jul 2024HK$1.1tHK$1.1tHK$69.4b12.2x16.1x1x
Thu, 13 Jun 2024HK$1.0tHK$1.2tHK$69.6b10.5x14.7x0.9x
Sat, 11 May 2024HK$1.0tHK$1.2tHK$69.9b12.2x15x0.9x
Mon, 08 Apr 2024HK$1.0tHK$1.1tHK$68.5b11.4x14.7x0.9x
Wed, 06 Mar 2024HK$1.0tHK$1.1tHK$67.6b11.4x15x0.9x
Fri, 02 Feb 2024HK$974.7bHK$1.2tHK$67.7b11.1x14.4x0.8x
Sun, 31 Dec 2023HK$930.4bHK$1.2tHK$68.3b9.9x13.6x0.8x
Tue, 28 Nov 2023HK$890.0bHK$1.2tHK$67.6b9.8x13.2x0.8x
Thu, 26 Oct 2023HK$878.3bHK$1.1tHK$68.0b9.8x12.9x0.8x
Sat, 23 Sep 2023HK$974.4bHK$1.1tHK$66.9b11.8x14.6x0.9x
Mon, 21 Aug 2023HK$943.2bHK$1.1tHK$67.1b11.1x14.1x0.8x
Wed, 19 Jul 2023HK$982.9bHK$1.1tHK$65.5b11.7x15x0.9x
Fri, 16 Jun 2023HK$1.0tHK$1.1tHK$65.6b11.4x15.4x0.9x
Sun, 14 May 2023HK$1.1tHK$1.2tHK$67.6b12.2x16.4x1x
Tue, 11 Apr 2023HK$1.2tHK$1.1tHK$66.9b12.7x17.4x1x
Thu, 09 Mar 2023HK$1.1tHK$1.1tHK$66.0b12.7x16.9x1x
Sat, 04 Feb 2023HK$982.3bHK$1.2tHK$69.0b12.3x14.2x0.9x
Mon, 02 Jan 2023HK$824.0bHK$1.1tHK$67.2b10.5x12.3x0.7x
Wed, 30 Nov 2022HK$781.3bHK$1.1tHK$64.8b10.8x12.1x0.7x
Fri, 28 Oct 2022HK$722.5bHK$1.1tHK$64.1b11.4x11.3x0.7x
Sun, 25 Sep 2022HK$774.6bHK$1.1tHK$63.3b12.6x12.2x0.7x
Tue, 23 Aug 2022HK$819.0bHK$1.1tHK$65.8b13.2x12.4x0.7x
Thu, 21 Jul 2022HK$810.4bHK$1.1tHK$65.4b13.2x12.4x0.7x
Sat, 18 Jun 2022HK$788.7bHK$1.1tHK$65.7b12.6x12x0.7x
Mon, 16 May 2022HK$797.3bHK$1.1tHK$65.0b13.4x12.3x0.7x
Wed, 13 Apr 2022HK$843.4bHK$1.1tHK$65.9b13.4x12.8x0.7x
Fri, 11 Mar 2022HK$837.5bHK$1.1tHK$65.9b13.1x12.7x0.7x
Sun, 06 Feb 2022HK$872.8bHK$1.1tHK$63.9b10x13.7x0.8x
Tue, 04 Jan 2022HK$853.0bHK$1.1tHK$64.0b9.4x13.3x0.8x
Thu, 02 Dec 2021HK$874.9bHK$1.1tHK$63.9b9.3x13.7x0.8x
Sat, 30 Oct 2021HK$889.1bHK$1.1tHK$63.4b9.7x14x0.8x
Mon, 27 Sep 2021HK$889.1bHK$1.1tHK$60.8b9.4x14.6x0.8x
Price to Earnings Ratio

14.6x


Total Market Cap: HK$889.1bTotal Earnings: HK$60.8bTotal Revenue: HK$1.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Telecom Services and Carriers Industry Price to Earnings3Y Average 14x202220232024
Current Industry PE
  • Investors are relatively neutral on the Hong Kong Telecom 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 14.0x.
  • The industry is trading close to its 3-year average PS ratio of 0.82x.
Past Earnings Growth
  • The earnings for companies in the Telecom industry have grown 6.3% per year over the last three years.
  • Revenues for these companies have grown 3.0% 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 industry?

HK Market3.86%
Telecom3.68%
Telecom Services and Carriers3.00%
Integrated Telecom Services3.01%
Alternative Carriers2.36%
Industry PE
  • Investors are most optimistic about the Integrated Telecom Services industry, which is trading close to its 3-year average PE ratio of 14.1x.
    • Analysts are expecting annual earnings growth of 12.5%, which is higher than its past year's earnings growth of 8.9% per year.
  • Investors are most pessimistic about the Alternative Carriers industry, which is trading close to its 3-year average of 8.8x.
Forecasted Growth
  • Analysts are most optimistic on the Integrated Telecom Services industry, expecting annual earnings growth of 12% over the next 5 years.
  • This is better than its past earnings growth rate of 8.9% per year.
  • In contrast, the Alternative Carriers industry is expected to see its earnings grow by 7.5% 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
762 China Unicom (Hong Kong)HK$6.324.8%
+HK$8.9b
10.9%PE8.7x
788 China TowerHK$0.984.3%
+HK$7.0b
30.7%PE15.2x
728 China TelecomHK$4.351.6%
+HK$6.4b
7.9%PE11.2x
6823 HKT Trust and HKTHK$10.484.9%
+HK$3.7b
26.3%PE15.8x
8 PCCWHK$4.493.9%
+HK$1.3b
26.5%PS0.9x
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Latest News

788

HK$0.98

China Tower

7D

4.3%

1Y

30.7%

1045

HK$2.07

APT Satellite Holdings

7D

0.5%

1Y

-7.6%

8

HK$4.49

PCCW

7D

3.9%

1Y

26.5%

6823

HK$10.48

HKT Trust and HKT

7D

4.9%

1Y

26.3%

762

HK$6.32

China Unicom (Hong Kong)

7D

4.8%

1Y

10.9%

1310

HK$3.08

HKBN

7D

15.8%

1Y

-6.1%