Narrative Update • Sep 06

Over the last 7 days, the Integrated Telecom Services industry has dropped 2.1%, driven by a pullback from China Telecom of 0.5%. Overall the industry is down 24% in 12 months. Earnings are forecast to grow by 7.1% annually.
Has the Hong Kong Integrated Telecom Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 11 Sep 2026 | HK$1.1t | HK$1.2t | HK$74.5b | 12.1x | 14.3x | 0.9x |
| Sun, 09 Aug 2026 | HK$1.1t | HK$1.2t | HK$80.0b | 11.6x | 13.7x | 0.9x |
| Tue, 07 Jul 2026 | HK$1.1t | HK$1.3t | HK$79.1b | 11x | 13.3x | 0.8x |
| Thu, 04 Jun 2026 | HK$1.2t | HK$1.3t | HK$79.4b | 12.7x | 14.8x | 0.9x |
| Sat, 02 May 2026 | HK$1.2t | HK$1.3t | HK$78.7b | 13.4x | 15x | 0.9x |
| Mon, 30 Mar 2026 | HK$1.1t | HK$1.2t | HK$79.6b | 14.2x | 14.1x | 0.9x |
| Wed, 25 Feb 2026 | HK$1.1t | HK$1.3t | HK$81.8b | 15.3x | 14x | 0.9x |
| Fri, 23 Jan 2026 | HK$1.2t | HK$1.2t | HK$80.4b | 15.9x | 14.3x | 0.9x |
| Sun, 21 Dec 2025 | HK$1.3t | HK$1.2t | HK$79.5b | 16.6x | 15.9x | 1x |
| Tue, 18 Nov 2025 | HK$1.3t | HK$1.2t | HK$78.7b | 16.6x | 16.5x | 1.1x |
| Thu, 16 Oct 2025 | HK$1.3t | HK$1.2t | HK$77.7b | 16.6x | 16.4x | 1.1x |
| Sat, 13 Sep 2025 | HK$1.3t | HK$1.2t | HK$77.8b | 16.4x | 17.1x | 1.1x |
| Mon, 11 Aug 2025 | HK$1.4t | HK$1.2t | HK$76.4b | 16.9x | 17.9x | 1.1x |
| Wed, 09 Jul 2025 | HK$1.3t | HK$1.2t | HK$76.2b | 16.3x | 17.6x | 1.1x |
| Fri, 06 Jun 2025 | HK$1.4t | HK$1.2t | HK$76.1b | 16.7x | 18x | 1.1x |
| Sun, 04 May 2025 | HK$1.3t | HK$1.2t | HK$74.4b | 16.5x | 17.6x | 1.1x |
| Tue, 01 Apr 2025 | HK$1.3t | HK$1.2t | HK$73.8b | 15.5x | 17.7x | 1.1x |
| Thu, 27 Feb 2025 | HK$1.4t | HK$1.1t | HK$73.0b | 16x | 18.9x | 1.2x |
| Sat, 25 Jan 2025 | HK$1.2t | HK$1.2t | HK$73.1b | 14.5x | 16x | 1x |
| Mon, 23 Dec 2024 | HK$1.2t | HK$1.1t | HK$72.5b | 14.2x | 16.2x | 1x |
| Wed, 20 Nov 2024 | HK$1.1t | HK$1.2t | HK$73.1b | 14.3x | 15.1x | 1x |
| Fri, 18 Oct 2024 | HK$1.1t | HK$1.2t | HK$71.5b | 13.5x | 15.6x | 1x |
| Sun, 15 Sep 2024 | HK$1.0t | HK$1.2t | HK$71.9b | 13x | 14.4x | 0.9x |
| Tue, 13 Aug 2024 | HK$996.2b | HK$1.2t | HK$68.9b | 13x | 14.5x | 0.9x |
| Thu, 11 Jul 2024 | HK$1.1t | HK$1.1t | HK$67.9b | 13.4x | 16x | 1x |
| Sat, 08 Jun 2024 | HK$1.0t | HK$1.1t | HK$68.2b | 12.7x | 15x | 0.9x |
| Mon, 06 May 2024 | HK$1.0t | HK$1.1t | HK$68.3b | 13.3x | 14.7x | 0.9x |
| Wed, 03 Apr 2024 | HK$1.0t | HK$1.1t | HK$67.0b | 13.8x | 15x | 0.9x |
| Fri, 01 Mar 2024 | HK$994.1b | HK$1.1t | HK$66.1b | 14.5x | 15x | 0.9x |
| Sun, 28 Jan 2024 | HK$958.4b | HK$1.1t | HK$66.4b | 13.6x | 14.4x | 0.8x |
| Tue, 26 Dec 2023 | HK$872.1b | HK$1.1t | HK$66.4b | 11.5x | 13.1x | 0.8x |
| Thu, 23 Nov 2023 | HK$888.4b | HK$1.1t | HK$66.1b | 11.3x | 13.4x | 0.8x |
| Sat, 21 Oct 2023 | HK$915.2b | HK$1.1t | HK$65.2b | 12.4x | 14x | 0.8x |
| Mon, 18 Sep 2023 | HK$976.5b | HK$1.1t | HK$65.6b | 12.9x | 14.9x | 0.9x |
14.9x
How does Hong Kong Integrated Telecom Services compare with similar industries?
| HK Market | -0.92% | |
| Telecom | -1.22% | |
| Telecom Services and Carriers | 0.38% | |
| Integrated Telecom Services | 0.38% | |
| Alternative Carriers | 0.046% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 762 China Unicom (Hong Kong) | HK$5.83 | 3.5% +HK$6.0b | -40.8% | PE9.6x | |
| 8 PCCW | HK$5.42 | 1.5% +HK$619.5m | 0.3% | PS1x | |
| 524 Great Wall Terroir Holdings | HK$2.00 | 7.8% +HK$34.3m | 506.1% | PS4.5x |