Header cover image

Hong Kong (HSI) Telecom Services and Carriers Industry Analysis

UpdatedJan 17, 2025
DataAggregated Company Financials
Companies9
  • 7D-1.7%
  • 3M1.0%
  • 1Y27.5%
  • YTD-0.6%

Over the last 7 days, the Telecom Services and Carriers industry has dropped 1.5%, driven by a pullback from China Telecom of 2.7%. In the past year, the industry has gained 28%. 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
Sat, 18 Jan 2025HK$1.2tHK$1.2tHK$73.4b12.4x16x1x
Mon, 16 Dec 2024HK$1.1tHK$1.2tHK$73.8b12.4x15.5x1x
Wed, 13 Nov 2024HK$1.1tHK$1.2tHK$74.3b11.1x14.6x0.9x
Fri, 11 Oct 2024HK$1.2tHK$1.2tHK$73.1b10.8x15.9x1x
Sun, 08 Sep 2024HK$1.1tHK$1.2tHK$73.2b10.2x14.7x0.9x
Tue, 06 Aug 2024HK$1.1tHK$1.2tHK$70.5b10.9x15x0.9x
Thu, 04 Jul 2024HK$1.1tHK$1.1tHK$69.4b12x16x1x
Sat, 01 Jun 2024HK$1.0tHK$1.2tHK$69.7b10.9x14.8x0.9x
Mon, 29 Apr 2024HK$1.0tHK$1.2tHK$69.8b12x14.9x0.9x
Wed, 27 Mar 2024HK$1.0tHK$1.1tHK$68.6b11.4x14.6x0.9x
Fri, 23 Feb 2024HK$1.1tHK$1.2tHK$67.6b12.2x15.6x0.9x
Sun, 21 Jan 2024HK$906.7bHK$1.2tHK$68.0b10.6x13.3x0.8x
Tue, 19 Dec 2023HK$896.2bHK$1.2tHK$67.9b9.6x13.2x0.8x
Thu, 16 Nov 2023HK$892.1bHK$1.1tHK$67.0b9.8x13.3x0.8x
Sat, 14 Oct 2023HK$957.5bHK$1.1tHK$66.9b11.1x14.3x0.9x
Mon, 11 Sep 2023HK$950.1bHK$1.1tHK$66.7b10.9x14.2x0.8x
Wed, 09 Aug 2023HK$979.0bHK$1.1tHK$65.2b11.7x15x0.9x
Fri, 07 Jul 2023HK$970.3bHK$1.1tHK$64.9b11.4x14.9x0.9x
Sun, 04 Jun 2023HK$1.0tHK$1.1tHK$66.5b11.5x15.7x0.9x
Tue, 02 May 2023HK$1.1tHK$1.2tHK$68.1b12.4x16.8x1x
Thu, 30 Mar 2023HK$1.1tHK$1.1tHK$66.8b11.9x16.3x0.9x
Sat, 25 Feb 2023HK$993.9bHK$1.1tHK$67.2b11.8x14.8x0.9x
Mon, 23 Jan 2023HK$942.0bHK$1.1tHK$68.4b12x13.8x0.8x
Wed, 21 Dec 2022HK$801.0bHK$1.1tHK$66.5b10.7x12.1x0.7x
Fri, 18 Nov 2022HK$744.9bHK$1.1tHK$65.8b10.6x11.3x0.7x
Sun, 16 Oct 2022HK$736.0bHK$1.1tHK$62.9b11.6x11.7x0.7x
Tue, 13 Sep 2022HK$785.5bHK$1.1tHK$65.0b12.6x12.1x0.7x
Thu, 11 Aug 2022HK$807.1bHK$1.1tHK$66.8b13.2x12.1x0.7x
Sat, 09 Jul 2022HK$805.1bHK$1.1tHK$65.7b13.1x12.2x0.7x
Mon, 06 Jun 2022HK$814.7bHK$1.1tHK$66.1b13.1x12.3x0.7x
Wed, 04 May 2022HK$822.1bHK$1.1tHK$66.6b13.6x12.4x0.7x
Fri, 01 Apr 2022HK$840.2bHK$1.1tHK$66.0b13.4x12.7x0.7x
Sun, 27 Feb 2022HK$867.8bHK$1.1tHK$65.8b13.3x13.2x0.8x
Tue, 25 Jan 2022HK$878.6bHK$1.1tHK$64.0b9.7x13.7x0.8x
Price to Earnings Ratio

13.7x


Total Market Cap: HK$878.6bTotal Earnings: HK$64.0bTotal Revenue: HK$1.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Telecom Services and Carriers Industry Price to Earnings3Y Average 14.2x202320242025
Current Industry PE
  • Investors are optimistic on the Hong Kong Telecom industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 15.9x which is higher than its 3-year average PE of 14.2x.
  • The 3-year average PS ratio of 0.84x is lower than the industry's current PS ratio of 1.0x.
Past Earnings Growth
  • The earnings for companies in the Telecom industry have grown 4.7% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

Which industries have driven the changes within the Hong Kong Telecom industry?

HK Market1.10%
Telecom1.53%
Telecom Services and Carriers-1.75%
Alternative Carriers-1.26%
Integrated Telecom Services-1.75%
Industry PE
  • Investors are most optimistic about the Integrated Telecom Services industry which is trading above its 3-year average PE ratio of 14.3x.
    • Analysts are expecting annual earnings growth of 11.8%, which is higher than its past year's earnings growth of 8.4% per year.
  • Investors are most pessimistic about the Alternative Carriers industry, which is trading close to its 3-year average of 8.7x.
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 8.4% 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
788 China TowerHK$1.122.8%
+HK$5.2b
47.4%PE17.5x
762 China Unicom (Hong Kong)HK$7.241.3%
+HK$2.8b
48.7%PE10.2x
8 PCCWHK$4.714.0%
+HK$1.4b
15.7%PS1x
6823 HKT Trust and HKTHK$9.630.6%
+HK$454.8m
0.8%PE14.5x
1310 HKBNHK$5.251.9%
+HK$131.2m
59.1%PE670x
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.