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Hong Kong (HSI) Telecom Services and Carriers Industry Analysis

UpdatedDec 04, 2023
DataAggregated Company Financials
  • 7D0.6%
  • 3M-2.5%
  • 1Y9.8%
  • YTD4.7%

The Telecom Services and Carriers industry has stayed flat over the last week. As for the the longer term, the industry is up 9.8% over the past 12 months. Looking forward, earnings are forecast to grow by 14% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 04 Dec 2023HK$907.6bHK$1.2tHK$68.0b9.8x13.4x0.8x
Wed, 01 Nov 2023HK$874.0bHK$1.1tHK$68.0b9.5x12.8x0.8x
Fri, 29 Sep 2023HK$949.6bHK$1.1tHK$66.9b11.4x14.2x0.8x
Sun, 27 Aug 2023HK$950.2bHK$1.1tHK$67.2b10.7x14.1x0.8x
Tue, 25 Jul 2023HK$985.3bHK$1.1tHK$65.4b12.1x15.1x0.9x
Thu, 22 Jun 2023HK$963.6bHK$1.1tHK$65.5b11.2x14.7x0.9x
Sat, 20 May 2023HK$1.0tHK$1.2tHK$67.0b12x15.6x0.9x
Mon, 17 Apr 2023HK$1.2tHK$1.1tHK$66.9b12.6x17.5x1x
Wed, 15 Mar 2023HK$1.2tHK$1.1tHK$66.3b13x17.8x1x
Fri, 10 Feb 2023HK$965.5bHK$1.1tHK$68.6b12.1x14.1x0.8x
Sun, 08 Jan 2023HK$854.7bHK$1.1tHK$67.8b10.8x12.6x0.8x
Tue, 06 Dec 2022HK$852.0bHK$1.1tHK$66.0b11.3x12.9x0.8x
Thu, 03 Nov 2022HK$724.7bHK$1.1tHK$64.5b10.2x11.2x0.7x
Sat, 01 Oct 2022HK$738.2bHK$1.1tHK$63.4b11.5x11.6x0.7x
Mon, 29 Aug 2022HK$797.8bHK$1.1tHK$65.4b12.8x12.2x0.7x
Wed, 27 Jul 2022HK$806.8bHK$1.1tHK$65.3b13.1x12.4x0.7x
Fri, 24 Jun 2022HK$791.9bHK$1.1tHK$65.8b12.7x12x0.7x
Sun, 22 May 2022HK$804.9bHK$1.1tHK$65.8b13.4x12.2x0.7x
Tue, 19 Apr 2022HK$847.3bHK$1.1tHK$65.9b13.5x12.9x0.7x
Thu, 17 Mar 2022HK$806.6bHK$1.1tHK$65.2b12.4x12.4x0.7x
Sat, 12 Feb 2022HK$900.6bHK$1.1tHK$64.0b9.9x14.1x0.8x
Mon, 10 Jan 2022HK$867.3bHK$1.1tHK$63.8b9.5x13.6x0.8x
Wed, 08 Dec 2021HK$857.9bHK$1.1tHK$63.7b9.3x13.5x0.8x
Fri, 05 Nov 2021HK$869.7bHK$1.1tHK$63.4b9.3x13.7x0.8x
Sun, 03 Oct 2021HK$874.3bHK$1.1tHK$61.0b9.3x14.3x0.8x
Tue, 31 Aug 2021HK$906.9bHK$1.1tHK$60.8b15.1x14.9x0.8x
Wed, 07 Jul 2021HK$689.3bHK$1.1tHK$60.8b9x11.3x0.6x
Sat, 10 Apr 2021HK$697.9bHK$1.0tHK$54.7b9.8x12.8x0.7x
Fri, 01 Jan 2021HK$649.7bHK$1.0tHK$52.8b11.8x12.3x0.6x
Price to Earnings Ratio


Total Market Cap: HK$688.9bTotal Earnings: HK$50.5bTotal Revenue: HK$963.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Telecom Services and Carriers Industry Price to Earnings3Y Average 13.4x202120222023
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 13.4x.
  • The industry is trading close to its 3-year average PS ratio of 0.77x.
Past Earnings Growth
  • The earnings for companies in the Telecom industry have grown 10% per year over the last three years.
  • Revenues for these companies have grown 6.3% 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 Market-2.96%
Telecom Services and Carriers0.60%
Integrated Telecom Services0.62%
Alternative Carriers-0.91%
Industry PE
  • Investors are most optimistic about the Integrated Telecom Services industry, which is trading close to its 3-year average PE ratio of 13.5x.
    • Analysts are expecting annual earnings growth of 14.5%, which is higher than its past year's earnings growth of 9.0% per year.
  • Investors are most pessimistic about the Alternative Carriers industry, which is trading close to its 3-year average of 9.0x.
Forecasted Growth
  • Analysts are most optimistic on the Integrated Telecom Services industry, expecting annual earnings growth of 14% over the next 5 years.
  • This is better than its past earnings growth rate of 9.0% per year.
  • In contrast, the Alternative Carriers industry is expected to see its earnings grow by 4.4% 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
728 China TelecomHK$3.641.1%
788 China TowerHK$0.821.2%
6823 HKT Trust and HKTHK$8.351.0%
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