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?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 02 Dec 2023 | JA$27.5b | JA$11.8b | JA$2.4b | 16.6x | 11.6x | 2.3x |
| Mon, 30 Oct 2023 | JA$27.8b | JA$11.5b | JA$2.4b | 19.5x | 11.7x | 2.4x |
| Wed, 27 Sep 2023 | JA$25.0b | JA$11.2b | JA$2.8b | 23x | 8.9x | 2.2x |
| Fri, 25 Aug 2023 | JA$29.3b | JA$11.3b | JA$2.9b | 22.7x | 10.1x | 2.6x |
| Sun, 23 Jul 2023 | JA$31.1b | JA$11.1b | JA$2.9b | 25.9x | 10.9x | 2.8x |
| Tue, 20 Jun 2023 | JA$32.6b | JA$11.3b | JA$3.1b | 12.2x | 10.5x | 2.9x |
| Thu, 18 May 2023 | JA$32.1b | JA$10.9b | JA$2.9b | 12.6x | 11x | 2.9x |
| Sat, 15 Apr 2023 | JA$32.3b | JA$10.9b | JA$2.9b | 13.6x | 11.1x | 3x |
| Mon, 13 Mar 2023 | JA$32.7b | JA$10.7b | JA$2.8b | 15.2x | 11.6x | 3.1x |
| Wed, 08 Feb 2023 | JA$33.5b | JA$10.0b | JA$2.1b | 20.6x | 15.8x | 3.4x |
| Fri, 06 Jan 2023 | JA$33.3b | JA$9.6b | JA$2.0b | 19.6x | 16.9x | 3.5x |
| Sun, 04 Dec 2022 | JA$30.8b | JA$9.6b | JA$2.0b | 21.3x | 15.6x | 3.2x |
| Tue, 01 Nov 2022 | JA$29.7b | JA$9.8b | JA$2.0b | 19.2x | 14.9x | 3x |
| Thu, 29 Sep 2022 | JA$35.7b | JA$10.0b | JA$2.1b | 18.7x | 16.9x | 3.6x |
| Sat, 27 Aug 2022 | JA$33.9b | JA$9.3b | JA$1.9b | 17.2x | 18x | 3.6x |
| Mon, 25 Jul 2022 | JA$38.3b | JA$9.3b | JA$1.9b | 20.3x | 20.3x | 4.1x |
| Wed, 22 Jun 2022 | JA$35.8b | JA$9.0b | JA$1.8b | 17.3x | 19.6x | 4x |
| Fri, 20 May 2022 | JA$38.6b | JA$8.9b | JA$1.8b | 21.3x | 21.8x | 4.3x |
| Sun, 17 Apr 2022 | JA$40.9b | JA$8.9b | JA$1.8b | 20.8x | 23.1x | 4.6x |
| Tue, 15 Mar 2022 | JA$38.0b | JA$8.7b | JA$1.7b | 19.6x | 21.8x | 4.3x |
| Thu, 10 Feb 2022 | JA$43.5b | JA$8.7b | JA$1.7b | 25.2x | 25x | 5x |
| Sat, 08 Jan 2022 | JA$41.5b | JA$8.7b | JA$1.7b | 21.1x | 23.8x | 4.7x |
| Mon, 06 Dec 2021 | JA$39.6b | JA$8.6b | JA$1.7b | 20.8x | 23.1x | 4.6x |
| Wed, 03 Nov 2021 | JA$42.7b | JA$8.3b | JA$1.6b | 21.1x | 27.5x | 5.1x |
| Fri, 01 Oct 2021 | JA$47.2b | JA$8.3b | JA$1.6b | 21.9x | 30.4x | 5.7x |
| Sun, 29 Aug 2021 | JA$35.8b | JA$7.9b | JA$1.4b | 20.1x | 25.9x | 4.6x |
| Mon, 05 Jul 2021 | JA$37.1b | JA$7.9b | JA$1.4b | 20.3x | 26.9x | 4.7x |
| Thu, 08 Apr 2021 | JA$36.8b | JA$7.7b | JA$970.7m | 20.4x | 37.9x | 4.8x |
| Sun, 10 Jan 2021 | JA$39.5b | JA$8.0b | JA$791.6m | 31.6x | 50x | 4.9x |
Price to Earnings Ratio
52.5x
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% | |
| Media | 3.91% | |
| Interactive Media and Services | 0% | |
| Telecom Services and Carriers | 0% | |
| Wireless Telecom | 0% | |
| 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| RJR Radio Jamaica | JA$1.43 | 5.9% +JA$239.9m | -24.7% | PE29.3x |