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Icelandic (OMX) Telecom Sector Analysis

UpdatedNov 26, 2024
DataAggregated Company Financials
Companies4
  • 7D1.7%
  • 3M15.6%
  • 1Y13.5%
  • YTD4.4%

Síminn hf is up 6.4%, leading the way for the Telecom industry, which has gained 6.9%. During this same period, the Solid Clouds hf underperformed, falling 5.1%. This means that the industry has gained 11% over the past year.

Sector Valuation and Performance

Has the Icelandic Telecom Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 26 Nov 2024ISK 54.3bISK 62.8bISK 3.2b19.4x17.1x0.9x
Thu, 24 Oct 2024ISK 49.7bISK 62.7bISK 3.1b19.8x15.9x0.8x
Sat, 21 Sep 2024ISK 47.6bISK 62.3bISK 3.2b19.1x15x0.8x
Mon, 19 Aug 2024ISK 47.9bISK 61.8bISK 3.6b19.3x13.2x0.8x
Wed, 17 Jul 2024ISK 47.1bISK 61.8bISK 3.6b19x13x0.8x
Fri, 14 Jun 2024ISK 47.6bISK 61.8bISK 3.6b19.1x13.1x0.8x
Sun, 12 May 2024ISK 50.6bISK 61.7bISK 3.6b19.5x13.9x0.8x
Tue, 09 Apr 2024ISK 52.2bISK 61.4bISK 4.1b19.1x12.8x0.9x
Thu, 07 Mar 2024ISK 53.5bISK 61.4bISK 4.1b19.7x13.1x0.9x
Sat, 03 Feb 2024ISK 73.2bISK 60.5bISK 3.2b22.1x22.9x1.2x
Mon, 01 Jan 2024ISK 69.4bISK 60.5bISK 3.2b20.9x21.7x1.1x
Wed, 29 Nov 2023ISK 62.5bISK 59.8bISK 3.2b23.8x19.4x1x
Fri, 27 Oct 2023ISK 64.6bISK 47.1bISK 2.5b17.5x25.3x1.4x
Sun, 24 Sep 2023ISK 66.6bISK 59.8bISK 3.1b25.7x21.6x1.1x
Tue, 22 Aug 2023ISK 73.1bISK 59.9bISK 3.1b25x23.3x1.2x
Thu, 20 Jul 2023ISK 71.3bISK 59.9bISK 3.1b24x22.7x1.2x
Sat, 17 Jun 2023ISK 72.8bISK 59.9bISK 3.1b24.5x23.2x1.2x
Mon, 15 May 2023ISK 77.0bISK 59.8bISK 3.1b25.9x24.6x1.3x
Wed, 12 Apr 2023ISK 82.8bISK 59.6bISK 3.4b23.6x24.1x1.4x
Fri, 10 Mar 2023ISK 79.5bISK 59.6bISK 3.4b23.1x23.1x1.3x
Sun, 05 Feb 2023ISK 77.7bISK 59.5bISK 5.9b13.5x13.2x1.3x
Tue, 03 Jan 2023ISK 110.3bISK 59.5bISK 5.9b13.8x18.8x1.9x
Thu, 01 Dec 2022ISK 108.4bISK 59.5bISK 5.9b12.6x18.5x1.8x
Sat, 29 Oct 2022ISK 113.1bISK 59.5bISK 5.9b13.1x19.3x1.9x
Mon, 26 Sep 2022ISK 113.6bISK 59.4bISK 5.6b13.2x20.3x1.9x
Wed, 24 Aug 2022ISK 117.4bISK 58.6bISK 5.4b15.2x21.6x2x
Fri, 22 Jul 2022ISK 113.3bISK 58.6bISK 5.4b14.2x20.9x1.9x
Sun, 19 Jun 2022ISK 101.6bISK 46.5bISK 4.2b27.4x24x2.2x
Tue, 17 May 2022ISK 105.7bISK 45.8bISK 3.8b29.1x27.8x2.3x
Thu, 14 Apr 2022ISK 111.6bISK 51.4bISK 5.7b16.8x19.7x2.2x
Sat, 12 Mar 2022ISK 107.4bISK 51.4bISK 5.7b16.2x18.9x2.1x
Mon, 07 Feb 2022ISK 110.4bISK 50.8bISK 3.4b24.9x32.3x2.2x
Wed, 05 Jan 2022ISK 111.3bISK 50.8bISK 3.4b24.9x32.4x2.2x
Fri, 03 Dec 2021ISK 106.6bISK 50.8bISK 3.4b23.9x31.1x2.1x
Price to Earnings Ratio

31.1x


Total Market Cap: ISK 106.6bTotal Earnings: ISK 3.4bTotal Revenue: ISK 50.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Icelandic Telecom Sector Price to Earnings3Y Average 20.4x202220232024
Current Industry PE
  • Investors are pessimistic on the Icelandic 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 16.8x which is lower than its 3-year average PE of 20.7x.
  • The 3-year average PS ratio of 1.5x is higher than the industry's current PS ratio of 0.85x.
Past Earnings Growth
  • The earnings for companies in the Communication Services industry have declined 2.6% per year over the last three years.
  • Meanwhile revenues for these companies have grown 7.4% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Icelandic Telecom sector?

IS Market-0.41%
Telecom1.67%
Entertainment40.74%
Telecom Services and Carriers1.58%
Interactive Media and Services0%
Media0%
Wireless Telecom-0.50%
Industry PE
  • Investors are most optimistic about the Wireless Telecom industry, which is trading close to its 3-year average PE ratio of 21.2x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
SIMINN Síminn hfISK 12.402.5%
+ISK 757.3m
44.2%PE24.5x
SOLID Solid Clouds hfISK 3.8040.7%
+ISK 365.0m
69.6%PS32.6x
SYN Sýn hfISK 32.603.8%
+ISK 297.2m
-23.8%PE6.3x
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Latest News

NOVA

ISK 3.98

Nova Klúbburinn hf

7D

-1.0%

1Y

0.5%

SIMINN

ISK 12.40

Síminn hf

7D

2.5%

1Y

44.2%

SYN

ISK 32.60

Sýn hf

7D

3.8%

1Y

-23.8%

SOLID

ISK 3.80

Solid Clouds hf

7D

40.7%

1Y

69.6%