Filipino (PSEi) Telecom Sector Analysis
UpdatedApr 26, 2024
DataAggregated Company Financials
Companies9
- 7D1.6%
- 3M1.0%
- 1Y-0.5%
- YTD2.4%
Over the last 7 days, the Telecom industry has risen 1.7%, driven by gains from PLDT of 3.8%. Despite this gain, the industry's performance has been flat over the past year. Earnings are forecast to grow by 4.7% annually.
Sector Valuation and Performance
Has the Filipino Telecom Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Apr 2024 | ₱640.2b | ₱465.6b | ₱51.1b | 12.3x | 12.5x | 1.4x |
| Sun, 24 Mar 2024 | ₱647.7b | ₱465.9b | ₱57.1b | 15.9x | 11.3x | 1.4x |
| Tue, 20 Feb 2024 | ₱638.2b | ₱463.0b | ₱42.6b | 15.6x | 15x | 1.4x |
| Thu, 18 Jan 2024 | ₱633.2b | ₱463.0b | ₱42.6b | 18.3x | 14.9x | 1.4x |
| Sat, 16 Dec 2023 | ₱613.2b | ₱463.0b | ₱42.6b | 16.7x | 14.4x | 1.3x |
| Mon, 13 Nov 2023 | ₱624.6b | ₱461.3b | ₱45.2b | 14.9x | 13.8x | 1.4x |
| Wed, 11 Oct 2023 | ₱632.1b | ₱459.8b | ₱46.6b | 15.5x | 13.6x | 1.4x |
| Fri, 08 Sep 2023 | ₱613.7b | ₱459.8b | ₱46.6b | 16.3x | 13.2x | 1.3x |
| Sun, 06 Aug 2023 | ₱641.0b | ₱460.8b | ₱46.9b | 15.1x | 13.7x | 1.4x |
| Tue, 04 Jul 2023 | ₱661.9b | ₱460.1b | ₱45.2b | 17.8x | 14.7x | 1.4x |
| Thu, 01 Jun 2023 | ₱632.4b | ₱460.1b | ₱45.2b | 18x | 14x | 1.4x |
| Sat, 29 Apr 2023 | ₱643.1b | ₱457.4b | ₱52.6b | 19.2x | 12.2x | 1.4x |
| Mon, 27 Mar 2023 | ₱712.5b | ₱453.4b | ₱76.3b | 14.9x | 9.3x | 1.6x |
| Wed, 22 Feb 2023 | ₱757.5b | ₱450.7b | ₱75.0b | 15.2x | 10.1x | 1.7x |
| Fri, 20 Jan 2023 | ₱822.4b | ₱450.7b | ₱75.0b | 18.5x | 11x | 1.8x |
| Sun, 18 Dec 2022 | ₱766.3b | ₱450.7b | ₱75.0b | 16.2x | 10.2x | 1.7x |
| Tue, 15 Nov 2022 | ₱792.7b | ₱450.3b | ₱74.1b | 16.1x | 10.7x | 1.8x |
| Thu, 13 Oct 2022 | ₱742.2b | ₱445.6b | ₱69.2b | 17.5x | 10.7x | 1.7x |
| Sat, 10 Sep 2022 | ₱817.4b | ₱445.6b | ₱69.2b | 18.4x | 11.8x | 1.8x |
| Mon, 08 Aug 2022 | ₱836.0b | ₱439.7b | ₱67.6b | 22.5x | 12.4x | 1.9x |
| Wed, 06 Jul 2022 | ₱880.6b | ₱436.2b | ₱67.1b | 22.5x | 13.1x | 2x |
| Fri, 03 Jun 2022 | ₱981.6b | ₱436.2b | ₱67.1b | 25.4x | 14.6x | 2.3x |
| Sun, 01 May 2022 | ₱1.1t | ₱429.5b | ₱49.2b | 46.2x | 21.4x | 2.5x |
| Tue, 29 Mar 2022 | ₱1.1t | ₱430.3b | ₱49.5b | 43.8x | 22.5x | 2.6x |
| Thu, 24 Feb 2022 | ₱1.1t | ₱424.8b | ₱42.9b | 47.3x | 26.3x | 2.7x |
| Sat, 22 Jan 2022 | ₱1.2t | ₱424.8b | ₱42.9b | 49.7x | 28.6x | 2.9x |
| Mon, 20 Dec 2021 | ₱1.3t | ₱424.8b | ₱42.9b | 52.1x | 29.5x | 3x |
| Wed, 17 Nov 2021 | ₱1.2t | ₱423.5b | ₱42.9b | 42.3x | 29.1x | 2.9x |
| Fri, 15 Oct 2021 | ₱1.2t | ₱418.2b | ₱42.7b | 45x | 28.6x | 2.9x |
| Sun, 12 Sep 2021 | ₱1.1t | ₱418.2b | ₱42.7b | 45.2x | 26.4x | 2.7x |
| Tue, 10 Aug 2021 | ₱829.8b | ₱418.2b | ₱42.7b | 42.8x | 19.4x | 2x |
| Mon, 03 May 2021 | ₱735.7b | ₱405.4b | ₱37.9b | 48.7x | 19.4x | 1.8x |
Price to Earnings Ratio
19.4x
Current Industry PE
- Investors are pessimistic on the Filipino 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 12.5x which is lower than its 3-year average PE of 16.7x.
- The 3-year average PS ratio of 1.9x is higher than the industry's current PS ratio of 1.4x.
Past Earnings Growth
- The earnings for companies in the Communication Services industry have grown 10% per year over the last three years.
- Revenues for these companies have grown 4.7% 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 Filipino Telecom sector?
| PH Market | 0.33% | |
| Telecom | 1.63% | |
| Wireless Telecom | 2.26% | |
| Entertainment | 0% | |
| Interactive Media and Services | 0% | |
| Telecom Services and Carriers | -1.30% | |
| Media | -2.49% | |
Industry PE
- Investors are most optimistic about the Wireless Telecom industry even though it's trading below its 3-year average PE ratio of 13.3x.
- Analysts are expecting annual earnings growth of 4.6%, which is lower than the prior year's growth of 55.4% per year.
Forecasted Growth
- Analysts are most optimistic on the Telecom Services and Carriers industry, expecting annual earnings growth of 6.2% over the next 5 years.
- This is better than its past earnings decline of 64% per year.
- In contrast, the Wireless Telecom industry is expected to see its earnings grow by 4.6% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| TEL PLDT | ₱1.35k | 3.8% +₱10.8b | 11.6% | PE11x | |
| GLO Globe Telecom | ₱1.73k | 0.5% +₱1.2b | 0.3% | PE10.8x | |
| ABS ABS-CBN | ₱3.94 | 23.1% +₱665.9m | -40.7% | PS0.2x |