Header cover image

Jamaican (JSE) Telecom Sector Analysis

UpdatedDec 02, 2023
DataAggregated Company Financials
Companies6
  • 7D-2.7%
  • 3M-17.1%
  • 1Y-23.6%
  • YTD-26.4%

Over the last 7 days, the Telecom industry has dropped 2.7%, driven by Pulse Investments declining 4.5%. On the other hand Radio Jamaica is actually up 5.9%. Overall the industry is down 24% in 12 months.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 02 Dec 2023JA$27.5bJA$11.8bJA$2.4b16.6x11.6x2.3x
Mon, 30 Oct 2023JA$27.8bJA$11.5bJA$2.4b19.5x11.7x2.4x
Wed, 27 Sep 2023JA$25.0bJA$11.2bJA$2.8b23x8.9x2.2x
Fri, 25 Aug 2023JA$29.3bJA$11.3bJA$2.9b22.7x10.1x2.6x
Sun, 23 Jul 2023JA$31.1bJA$11.1bJA$2.9b25.9x10.9x2.8x
Tue, 20 Jun 2023JA$32.6bJA$11.3bJA$3.1b12.2x10.5x2.9x
Thu, 18 May 2023JA$32.1bJA$10.9bJA$2.9b12.6x11x2.9x
Sat, 15 Apr 2023JA$32.3bJA$10.9bJA$2.9b13.6x11.1x3x
Mon, 13 Mar 2023JA$32.7bJA$10.7bJA$2.8b15.2x11.6x3.1x
Wed, 08 Feb 2023JA$33.5bJA$10.0bJA$2.1b20.6x15.8x3.4x
Fri, 06 Jan 2023JA$33.3bJA$9.6bJA$2.0b19.6x16.9x3.5x
Sun, 04 Dec 2022JA$30.8bJA$9.6bJA$2.0b21.3x15.6x3.2x
Tue, 01 Nov 2022JA$29.7bJA$9.8bJA$2.0b19.2x14.9x3x
Thu, 29 Sep 2022JA$35.7bJA$10.0bJA$2.1b18.7x16.9x3.6x
Sat, 27 Aug 2022JA$33.9bJA$9.3bJA$1.9b17.2x18x3.6x
Mon, 25 Jul 2022JA$38.3bJA$9.3bJA$1.9b20.3x20.3x4.1x
Wed, 22 Jun 2022JA$35.8bJA$9.0bJA$1.8b17.3x19.6x4x
Fri, 20 May 2022JA$38.6bJA$8.9bJA$1.8b21.3x21.8x4.3x
Sun, 17 Apr 2022JA$40.9bJA$8.9bJA$1.8b20.8x23.1x4.6x
Tue, 15 Mar 2022JA$38.0bJA$8.7bJA$1.7b19.6x21.8x4.3x
Thu, 10 Feb 2022JA$43.5bJA$8.7bJA$1.7b25.2x25x5x
Sat, 08 Jan 2022JA$41.5bJA$8.7bJA$1.7b21.1x23.8x4.7x
Mon, 06 Dec 2021JA$39.6bJA$8.6bJA$1.7b20.8x23.1x4.6x
Wed, 03 Nov 2021JA$42.7bJA$8.3bJA$1.6b21.1x27.5x5.1x
Fri, 01 Oct 2021JA$47.2bJA$8.3bJA$1.6b21.9x30.4x5.7x
Sun, 29 Aug 2021JA$35.8bJA$7.9bJA$1.4b20.1x25.9x4.6x
Mon, 05 Jul 2021JA$37.1bJA$7.9bJA$1.4b20.3x26.9x4.7x
Thu, 08 Apr 2021JA$36.8bJA$7.7bJA$970.7m20.4x37.9x4.8x
Sun, 10 Jan 2021JA$39.5bJA$8.0bJA$791.6m31.6x50x4.9x
Price to Earnings Ratio

52.5x


Total Market Cap: JA$39.5bTotal Earnings: JA$753.2mTotal Revenue: JA$8.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Jamaican Telecom Sector Price to Earnings3Y Average 22.8x202120222023
Current Industry PE
  • Investors are pessimistic on the Jamaican 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 11.6x which is lower than its 3-year average PE of 22.8x.
  • The 3-year average PS ratio of 4.0x is higher than the industry's current PS ratio of 2.3x.
Past Earnings Growth
  • The earnings for companies in the Communication Services industry have grown 46% per year over the last three years.
  • Revenues for these companies have grown 12% 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 Jamaican Telecom sector?

JM Market-0.35%
Telecom-2.69%
Media3.91%
Interactive Media and Services0%
Telecom Services and Carriers0%
Wireless Telecom0%
Entertainment-4.37%
Industry PE
  • Investors are most optimistic about the Media industry even though it's trading below its 3-year average PE ratio of 31.4x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Entertainment industry, which is trading below its 3-year average of 22.6x.
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
RJR Radio JamaicaJA$1.435.9%
+JA$239.9m
-24.7%PE29.3x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

RJR

JA$1.43

Radio Jamaica

7D

5.9%

1Y

-24.7%

LAB

JA$1.60

Limners and Bards

7D

-5.9%

1Y

-38.5%

PULS

JA$2.10

Pulse Investments

7D

-4.5%

1Y

-31.1%

PAL

JA$1.12

Palace Amusement Company (1921)

7D

-13.8%

1Y

8.2%

1GS

JA$0.99

One Great Studio

7D

-1.0%

1Y

n/a

MEEG

JA$13.50

Main Event Entertainment Group

7D

-0.1%

1Y

35.0%