Kuwaiti (PR) Telecom Sector Analysis
- 7D-1.3%
- 3M-2.6%
- 1Y1.5%
- YTD-2.1%
Over the last 7 days, the Telecom industry has dropped 1.3%, driven by a pullback from Mobile Telecommunications Company K.S.C.P of 1.2%. As for the longer term, the industry's performance has been flat for the past year.
Sector Valuation and Performance
Has the Kuwaiti Telecom Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Tue, 30 Nov 2021 | د.ك3.4b | د.ك2.5b | د.ك228.5m | 22.8x |
| Thu, 28 Oct 2021 | د.ك3.4b | د.ك2.5b | د.ك222.9m | 13.7x |
| Sat, 25 Sep 2021 | د.ك3.4b | د.ك2.5b | د.ك222.9m | 13.9x |
| Mon, 23 Aug 2021 | د.ك3.4b | د.ك2.5b | د.ك222.9m | 24.4x |
| Sat, 10 Jul 2021 | د.ك3.4b | د.ك2.5b | د.ك222.9m | 24.2x |
| Fri, 02 Apr 2021 | د.ك3.5b | د.ك2.5b | د.ك209.3m | 31.4x |
| Mon, 04 Jan 2021 | د.ك3.4b | د.ك2.6b | د.ك213.0m | 39.9x |
| Thu, 08 Oct 2020 | د.ك3.3b | د.ك2.6b | د.ك238.8m | 12.7x |
| Wed, 01 Jul 2020 | د.ك3.2b | د.ك2.6b | د.ك254.7m | 17.4x |
| Sat, 04 Apr 2020 | د.ك3.0b | د.ك2.7b | د.ك285.6m | 10.3x |
| Tue, 07 Jan 2020 | د.ك3.5b | د.ك2.7b | د.ك296.0m | 12x |
| Mon, 30 Sep 2019 | د.ك3.2b | د.ك2.6b | د.ك281.4m | 9.8x |
| Thu, 04 Jul 2019 | د.ك3.1b | د.ك2.6b | د.ك275.1m | 10.3x |
| Sun, 07 Apr 2019 | د.ك3.1b | د.ك2.5b | د.ك265.7m | 10.7x |
| Wed, 09 Jan 2019 | د.ك2.8b | د.ك2.4b | د.ك263.0m | 10.9x |
11.5x
Current Industry PE: Investors are more optimistic on the industry, considering it's trading at a PE ratio of 22.3x which is higher than its 3-year average PE of 16.2x. It appears they are confident that earnings will grow faster in the future than they have historically.
Past Earnings Growth: The earnings for companies in the Communication Services industry have declined 2.8% per year over the last three years, while revenues for these companies have grown 3.8% 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 Kuwaiti Telecom sector?
| Entertainment | 2.14% | |
| Wireless Telecom | -1.36% | |
| Telecom Services and Carriers | -5.76% | |
Industry PE: Investors are most optimistic about the Entertainment industry which is trading above its 3-year average PE ratio of 14.8x. It looks like they are confident that earnings will grow faster in the future than they have historically. Meanwhile, investors are most pessimistic about the Wireless Telecom industry. Although, investor sentiment seems to have improved given its trading above its 3-year average of 12.0x.
Forecasted Growth: Analysts are most optimistic on the Wireless Telecom industry, expecting annual earnings growth of 10% over the next 5 years. This is better than its past earnings decline of 13% per year.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| KCIN Kuwait National Cinema Company (K.P.S.C) | 2.1%+د.ك1.8m | 19.6% | PE95.8x |