Does Cellcom Israel (TLV:CEL) Have A Healthy Balance Sheet?
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Israeli (TA) Telecom Sector Analysis
UpdatedNov 19, 2024
DataAggregated Company Financials
Companies12
- 7D9.4%
- 3M26.2%
- 1Y14.1%
- YTD7.4%
In the last week, the Telecom industry is up 7.9%, with Bezeq The Israel Telecommunication up 6.3%. In the same time, Gilat Telecom Global was down 7.4%. In the last 12 months, the industry was up 15%. As for the next few years, earnings are expected to grow by 5.2% per annum.
Sector Valuation and Performance
Has the Israeli Telecom Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 19 Nov 2024 | ₪23.6b | ₪26.6b | ₪1.8b | 11.6x | 13.3x | 0.9x |
| Thu, 17 Oct 2024 | ₪19.3b | ₪26.6b | ₪1.8b | 10.9x | 11x | 0.7x |
| Sat, 14 Sep 2024 | ₪19.2b | ₪26.6b | ₪1.8b | 10.1x | 10.9x | 0.7x |
| Mon, 12 Aug 2024 | ₪18.9b | ₪26.5b | ₪1.8b | 10.5x | 10.8x | 0.7x |
| Wed, 10 Jul 2024 | ₪19.2b | ₪26.7b | ₪1.7b | 10.4x | 11x | 0.7x |
| Fri, 07 Jun 2024 | ₪18.8b | ₪26.7b | ₪1.7b | 10.2x | 10.8x | 0.7x |
| Sun, 05 May 2024 | ₪20.9b | ₪26.7b | ₪1.8b | 11x | 11.8x | 0.8x |
| Tue, 02 Apr 2024 | ₪20.9b | ₪26.8b | ₪1.6b | 11.3x | 12.8x | 0.8x |
| Thu, 29 Feb 2024 | ₪21.1b | ₪26.8b | ₪1.2b | 11.1x | 17.2x | 0.8x |
| Sat, 27 Jan 2024 | ₪20.7b | ₪26.8b | ₪1.2b | 10.9x | 16.9x | 0.8x |
| Mon, 25 Dec 2023 | ₪21.2b | ₪26.8b | ₪1.2b | 11.4x | 17.3x | 0.8x |
| Wed, 22 Nov 2023 | ₪20.4b | ₪26.8b | ₪1.2b | 11.7x | 16.7x | 0.8x |
| Fri, 20 Oct 2023 | ₪19.3b | ₪26.8b | ₪1.2b | 11.2x | 16x | 0.7x |
| Sun, 17 Sep 2023 | ₪18.5b | ₪23.4b | ₪1.3b | 12x | 14.1x | 0.8x |
| Tue, 15 Aug 2023 | ₪18.3b | ₪23.6b | ₪1.0b | 12.1x | 17.8x | 0.8x |
| Thu, 13 Jul 2023 | ₪17.6b | ₪23.5b | ₪1.1b | 11.7x | 16.7x | 0.7x |
| Sat, 10 Jun 2023 | ₪17.0b | ₪23.4b | ₪1.1b | 12.1x | 16.1x | 0.7x |
| Mon, 08 May 2023 | ₪18.3b | ₪23.0b | ₪1.3b | 14x | 14.3x | 0.8x |
| Wed, 05 Apr 2023 | ₪17.5b | ₪23.0b | ₪1.3b | 13.6x | 13.8x | 0.8x |
| Fri, 03 Mar 2023 | ₪18.1b | ₪23.4b | ₪1.2b | 12.8x | 15.5x | 0.8x |
| Sun, 29 Jan 2023 | ₪20.4b | ₪23.4b | ₪1.2b | 14.2x | 17x | 0.9x |
| Tue, 27 Dec 2022 | ₪21.6b | ₪23.4b | ₪1.2b | 15.2x | 18x | 0.9x |
| Thu, 24 Nov 2022 | ₪23.5b | ₪23.4b | ₪1.2b | 16.3x | 19.3x | 1x |
| Sat, 22 Oct 2022 | ₪21.8b | ₪23.0b | ₪1.1b | 17x | 19.1x | 0.9x |
| Mon, 19 Sep 2022 | ₪22.1b | ₪23.0b | ₪1.1b | 18x | 19.3x | 1x |
| Wed, 17 Aug 2022 | ₪22.3b | ₪23.0b | ₪1.2b | 15.5x | 18.2x | 1x |
| Fri, 15 Jul 2022 | ₪20.7b | ₪23.0b | ₪1.2b | 14.6x | 17.7x | 0.9x |
| Sun, 12 Jun 2022 | ₪19.9b | ₪22.9b | ₪1.2b | 13.9x | 17x | 0.9x |
| Tue, 10 May 2022 | ₪19.0b | ₪22.8b | ₪1.3b | 11.5x | 14.6x | 0.8x |
| Thu, 07 Apr 2022 | ₪20.6b | ₪22.9b | ₪1.3b | 12.7x | 15.8x | 0.9x |
| Sat, 05 Mar 2022 | ₪19.8b | ₪22.6b | ₪1.3b | 10x | 15.1x | 0.9x |
| Mon, 31 Jan 2022 | ₪20.5b | ₪22.6b | ₪1.3b | 10x | 15.5x | 0.9x |
| Wed, 29 Dec 2021 | ₪19.7b | ₪22.6b | ₪1.3b | 9.8x | 14.9x | 0.9x |
| Fri, 26 Nov 2021 | ₪4.5b | ₪13.8b | ₪107.3m | 8.1x | 41.8x | 0.3x |
Price to Earnings Ratio
41.8x
Current Industry PE
- Investors are pessimistic on the Israeli Communication Services industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 13.0x which is lower than its 3-year average PE of 15.8x.
- The industry is trading close to its 3-year average PS ratio of 0.81x.
Past Earnings Growth
- The earnings for companies in the Communication Services industry have grown 155% per year over the last three years.
- Revenues for these companies have grown 24% 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 Israeli Telecom sector?
| IL Market | 1.92% | |
| Telecom | 9.42% | |
| Wireless Telecom | 17.13% | |
| Media | 7.22% | |
| Telecom Services and Carriers | 6.74% | |
| Entertainment | -0.58% | |
| Interactive Media and Services | -4.42% | |
Industry PE
- Investors are most optimistic about the Wireless Telecom industry even though it's trading below its 3-year average PE ratio of 32.5x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
- Analysts are most optimistic on the Telecom Services and Carriers industry, expecting annual earnings growth of 5.2% over the next 5 years.
- This is roughly in line with its past earnings growth rate.
- In contrast, the Telecom Services and Carriers industry is expected to see its earnings grow by 5.2% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| BEZQ Bezeq The Israel Telecommunication | ₪5.27 | 6.3% +₪858.1m | 4.8% | PE13.1x | |
| PTNR Partner Communications | ₪19.60 | 22.0% +₪659.3m | 26.0% | PE16.4x | |
| CEL Cellcom Israel | ₪19.20 | 12.0% +₪339.8m | 64.7% | PE21.5x | |
| BCOM B Communications | ₪16.88 | 11.6% +₪182.3m | 13.7% | PE8.7x | |
| NXTM Nextcom | ₪6.26 | 4.3% +₪3.7m | 0.7% | PE8.7x |
