The Return Trends At Telesites. de (BMV:SITESB-1) Look Promising
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'd...
Has the Mexican Telecom Sector valuation changed over the past few years?
|Sat, 27 Nov 2021||Mex$1.5t||Mex$1.2t||Mex$106.7b||12.2x|
|Mon, 25 Oct 2021||Mex$1.4t||Mex$1.2t||Mex$106.9b||13x|
|Wed, 22 Sep 2021||Mex$1.5t||Mex$1.2t||Mex$112.5b||13.3x|
|Fri, 20 Aug 2021||Mex$1.5t||Mex$1.2t||Mex$112.3b||14.5x|
|Fri, 04 Jun 2021||Mex$1.3t||Mex$1.2t||Mex$87.2b||15.7x|
|Mon, 08 Mar 2021||Mex$1.1t||Mex$1.2t||Mex$48.3b||30x|
|Thu, 10 Dec 2020||Mex$1.3t||Mex$1.2t||Mex$32.1b||33.2x|
|Wed, 02 Sep 2020||Mex$1.1t||Mex$1.2t||Mex$23.2b||35.6x|
|Sat, 06 Jun 2020||Mex$1.2t||Mex$1.2t||Mex$17.5b||29.7x|
|Tue, 10 Mar 2020||Mex$1.3t||Mex$1.2t||Mex$76.9b||14.2x|
|Mon, 02 Dec 2019||Mex$1.2t||Mex$1.2t||Mex$66.1b||31.1x|
|Thu, 05 Sep 2019||Mex$1.2t||Mex$1.2t||Mex$72.6b||14.4x|
|Sun, 09 Jun 2019||Mex$1.1t||Mex$1.2t||Mex$60.4b||18x|
|Sat, 02 Mar 2019||Mex$1.2t||Mex$1.2t||Mex$61.5b||17.4x|
|Tue, 04 Dec 2018||Mex$1.2t||Mex$1.2t||Mex$35.6b||38.8x|
Current Industry PE: Investors are more pessimistic on the industry, considering it's trading at a PE ratio of 12.3x which is lower than its 3-year average PE of 22.7x. It appears they believe that earnings will not grow as fast as they have historically.
Past Earnings Growth: The earnings for companies in the Communication Services industry have grown 44% per year over the last three years, while revenues have remained mostly flat. This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.
Which industries have driven the changes within the Mexican Telecom sector?
|Telecom Services and Carriers||-2.71%|
Industry PE: Investors are most optimistic about the Wireless Telecom industry even though it's trading below its 3-year average PE ratio of 21.8x. However analysts are expecting annual earnings growth of 7.9%, which is lower than the prior year's growth of 222% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Media industry, which is trading below its 3-year average of 17.9x.
Forecasted Growth: Analysts are most optimistic on the Telecom Services and Carriers industry, expecting annual earnings growth of 85% over the next 5 years. Meanwhile, the Wireless Telecom industry is expected to see its earnings grow by 7.9% per year over the next few years.
Which companies have driven the market over the last 7 days?
|AMX L América Móvil. de||2.1%+Mex$23.3b||26.3%||PE12.4x|
|CIE B Corporación Interamericana de Entretenimiento. de||2.8%+Mex$123.1m||32.9%||PS1.2x|
TV Azteca. de
América Móvil. de
Megacable Holdings S. A. B. de C. V
Maxcom Telecomunicaciones. de