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Hong Kong (HSI) Integrated Telecom Services Industry Analysis

UpdatedMar 20, 2026
DataAggregated Company Financials
Companies6
  • 7D0.1%
  • 3M-6.6%
  • 1Y-8.0%
  • YTDn/a

The Integrated Telecom Services industry has been flat over the last week, but China Unicom (Hong Kong) has lost 3.1%. As for the longer term, the industry has declined 10.0% in the last year. As for the next few years, earnings are expected to grow by 13% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 20 Mar 2026HK$1.2tHK$1.3tHK$82.1b14.8x14.5x0.9x
Sun, 15 Feb 2026HK$1.1tHK$1.2tHK$81.5b15.1x13.8x0.9x
Tue, 13 Jan 2026HK$1.2tHK$1.2tHK$80.4b16x15.1x1x
Thu, 11 Dec 2025HK$1.3tHK$1.2tHK$79.3b17.2x16.2x1.1x
Sat, 08 Nov 2025HK$1.3tHK$1.2tHK$78.6b16.4x16.6x1.1x
Mon, 06 Oct 2025HK$1.3tHK$1.2tHK$77.9b16.6x16.1x1x
Wed, 03 Sep 2025HK$1.3tHK$1.2tHK$77.8b16.4x17.3x1.1x
Fri, 01 Aug 2025HK$1.4tHK$1.2tHK$76.0b16.1x17.8x1.1x
Sun, 29 Jun 2025HK$1.4tHK$1.2tHK$76.2b16.5x17.8x1.1x
Tue, 27 May 2025HK$1.4tHK$1.2tHK$75.9b16.8x18.1x1.1x
Thu, 24 Apr 2025HK$1.3tHK$1.2tHK$73.9b16x17.5x1.1x
Sat, 22 Mar 2025HK$1.3tHK$1.2tHK$73.4b15.4x17.6x1.1x
Mon, 17 Feb 2025HK$1.3tHK$1.2tHK$72.9b15.4x18.1x1.1x
Wed, 15 Jan 2025HK$1.2tHK$1.1tHK$72.2b14.5x16x1x
Fri, 13 Dec 2024HK$1.1tHK$1.1tHK$72.7b14.5x15.8x1x
Sun, 10 Nov 2024HK$1.1tHK$1.2tHK$73.6b14.5x15x0.9x
Tue, 08 Oct 2024HK$1.2tHK$1.2tHK$72.4b14x16.5x1x
Thu, 05 Sep 2024HK$1.1tHK$1.2tHK$71.7b13.4x14.9x0.9x
Sat, 03 Aug 2024HK$1.1tHK$1.1tHK$68.6b13.8x15.4x0.9x
Mon, 01 Jul 2024HK$1.1tHK$1.1tHK$68.0b13x15.8x0.9x
Wed, 29 May 2024HK$1.0tHK$1.1tHK$68.2b13.1x15x0.9x
Fri, 26 Apr 2024HK$1.0tHK$1.1tHK$68.4b13.4x15x0.9x
Sun, 24 Mar 2024HK$983.6bHK$1.1tHK$67.0b13.9x14.7x0.9x
Tue, 20 Feb 2024HK$1.0tHK$1.1tHK$66.0b14x15.2x0.9x
Thu, 18 Jan 2024HK$884.0bHK$1.1tHK$66.0b12.6x13.4x0.8x
Sat, 16 Dec 2023HK$892.4bHK$1.1tHK$66.6b11.8x13.4x0.8x
Mon, 13 Nov 2023HK$866.3bHK$1.1tHK$65.0b11x13.3x0.8x
Wed, 11 Oct 2023HK$937.2bHK$1.1tHK$65.3b12.5x14.3x0.8x
Fri, 08 Sep 2023HK$933.5bHK$1.1tHK$65.2b12.7x14.3x0.8x
Sun, 06 Aug 2023HK$977.1bHK$1.1tHK$64.2b14x15.2x0.9x
Tue, 04 Jul 2023HK$952.3bHK$1.1tHK$63.6b14.1x15x0.9x
Thu, 01 Jun 2023HK$1.0tHK$1.1tHK$64.8b15.1x15.7x0.9x
Sat, 29 Apr 2023HK$1.1tHK$1.2tHK$66.6b15.9x16.9x1x
Mon, 27 Mar 2023HK$1.1tHK$1.1tHK$65.4b13.6x16.9x1x
Price to Earnings Ratio

16.9x


Total Market Cap: HK$1.1tTotal Earnings: HK$65.4bTotal Revenue: HK$1.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Integrated Telecom Services Industry Price to Earnings3Y Average 15.8x202420252026
Current Industry PE
  • Investors are relatively neutral on the Hong Kong Integrated Telecommunication 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 industry is trading close to its 3-year average PS ratio of 0.97x.
Past Earnings Growth
  • The earnings for companies in the Integrated Telecommunication Services industry have grown 7.9% per year over the last three years.
  • Revenues for these companies have grown 3.4% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Hong Kong Integrated Telecom Services compare with similar industries?

HK Market-1.35%
Telecom-3.50%
Telecom Services and Carriers0.14%
Integrated Telecom Services0.11%
Alternative Carriers2.08%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
728 China TelecomHK$5.142.6%
+HK$11.9b		-13.3%PE12x
1310 HKBNHK$7.772.0%
+HK$221.8m		49.4%PE55.5x
524 Great Wall Terroir HoldingsHK$0.461.1%
+HK$984.6k		64.3%PS1x

Latest News

762
HK$7.54
China Unicom (Hong Kong)
7D
-3.1%
1Y
-15.3%
788
HK$11.16
China Tower
7D
-2.9%
1Y
0.7%
1310
HK$7.77
HKBN
7D
2.0%
1Y
49.4%

1310: Distribution Agreement Will Sustain Risk Of Persistent Share Overvaluation

Analysts have kept their HKBN price target effectively unchanged at about HK$6.50, reflecting only slight tweaks to assumptions such as discount rate and future P/E, rather than any shift in their overall view of the shares. What's in the News HKBN entered into a Distribution Framework Agreement with Venustech for the supply, purchase and distribution of network security products and solutions services in Hong Kong and Macao, with the term running from the agreement date to 31 December 2028.
524
HK$0.46
Great Wall Terroir Holdings
7D
1.1%
1Y
64.3%
8
HK$5.93
PCCW
7D
-1.5%
1Y
30.0%

8: Stable Assumptions And Rich P/E Will Limit Future Upside

Analysts have maintained their HK$ fair value estimate for PCCW, making only minor adjustments to the discount rate, revenue growth, profit margin, and future P/E assumptions. These changes refine their overall price target view rather than alter it.
728
HK$5.14
China Telecom
7D
2.6%
1Y
-13.3%

728: Governance Reforms Will Support Future Oversight Confidence And Rerating Potential

Analysts have reduced their fair value estimate for China Telecom from about HK$7.10 to around HK$6.94, reflecting slight adjustments to assumptions on revenue growth, profit margins and future P/E expectations in their models. What's in the News Shareholders approved amendments to China Telecom Corporation Limited's Articles of Association, updating the company's core governance document (Key Developments).
6823
HK$12.25
HKT Trust and HKT
7D
-0.6%
1Y
21.0%