Italian (Borsa Italiana) Telecom Services and Carriers Industry Analysis

Industry Valuation and Performance

Has the Italian Telecom Services and Carriers Industry valuation changed over the past few years?

Current Industry PE: Investors are more optimistic on the industry, considering it's trading at a PE ratio of 41.1x which is higher than its 3-year average PE of 27.1x. It appears they are confident that earnings will grow faster in the future than they have historically.

Past Earnings Growth: Total earnings for the Telecom industry have gone up over the last three years, and the industry is now profitable. However revenues have declined 5.5% per year. This means that less sales are being generated overall, but since the cost of doing business is lower, profits have been increasing.

Industry Trends

Which industries have driven the changes within the Italian Telecom Services and Carriers industry?

Industry PE: Investors are most optimistic about the Alternative Carriers industry which is trading above its 3-year average PE ratio of 25.8x. However analysts are expecting annual earnings growth of 15%, which is lower than the prior year's growth of 37% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Integrated Telecom Services industry, which is trading below its 3-year average of 31.7x.

Forecasted Growth: Analysts are most optimistic on the Alternative Carriers industry, expecting annual earnings growth of 15% over the next 5 years. However this is lower than its past earnings growth rate of 37% per year. Meanwhile, the Integrated Telecom Services industry is expected to see its earnings grow by 13% per year over the next few years.

Top Stock Gainers and Losers

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