Filipino (PSEi) Telecom Sector Analysis
UpdatedDec 03, 2023
DataAggregated Company Financials
Companies9
- 7D-0.2%
- 3M1.6%
- 1Y-26.3%
- YTD-20.3%
Last week, the Telecom industry hasn't moved much but Converge Information and Communications Technology Solutions is up 3.5% in that time. Unfortunately though, the industry is down 26% over the past 12 months. Earnings are forecast to grow by 9.5% 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 |
|---|---|---|---|---|---|---|
| Sun, 03 Dec 2023 | ₱617.9b | ₱463.0b | ₱42.6b | 16.8x | 14.5x | 1.3x |
| Tue, 31 Oct 2023 | ₱617.5b | ₱459.8b | ₱46.6b | 15.5x | 13.2x | 1.3x |
| Thu, 28 Sep 2023 | ₱623.6b | ₱459.8b | ₱46.6b | 15.7x | 13.4x | 1.4x |
| Sat, 26 Aug 2023 | ₱632.1b | ₱459.8b | ₱46.6b | 17.1x | 13.6x | 1.4x |
| Mon, 24 Jul 2023 | ₱671.0b | ₱460.1b | ₱45.2b | 16.8x | 14.9x | 1.5x |
| Wed, 21 Jun 2023 | ₱655.0b | ₱460.1b | ₱45.2b | 18x | 14.5x | 1.4x |
| Fri, 19 May 2023 | ₱686.0b | ₱460.1b | ₱45.2b | 25.4x | 15.2x | 1.5x |
| Sun, 16 Apr 2023 | ₱674.5b | ₱458.4b | ₱53.4b | 21.5x | 12.6x | 1.5x |
| Tue, 14 Mar 2023 | ₱698.7b | ₱450.7b | ₱75.0b | 15.6x | 9.3x | 1.6x |
| Thu, 09 Feb 2023 | ₱791.7b | ₱450.7b | ₱75.0b | 16x | 10.6x | 1.8x |
| Sat, 07 Jan 2023 | ₱782.3b | ₱450.7b | ₱75.0b | 17.9x | 10.4x | 1.7x |
| Mon, 05 Dec 2022 | ₱838.0b | ₱450.7b | ₱75.0b | 15.8x | 11.2x | 1.9x |
| Wed, 02 Nov 2022 | ₱799.6b | ₱445.6b | ₱69.2b | 14.3x | 11.6x | 1.8x |
| Fri, 30 Sep 2022 | ₱755.8b | ₱445.6b | ₱69.2b | 15.3x | 10.9x | 1.7x |
| Sun, 28 Aug 2022 | ₱855.6b | ₱445.6b | ₱69.2b | 19.1x | 12.4x | 1.9x |
| Tue, 26 Jul 2022 | ₱828.4b | ₱436.2b | ₱67.1b | 22.5x | 12.3x | 1.9x |
| Thu, 23 Jun 2022 | ₱855.1b | ₱436.2b | ₱67.1b | 21.8x | 12.7x | 2x |
| Sat, 21 May 2022 | ₱1.1t | ₱435.8b | ₱63.7b | 25.5x | 17.1x | 2.5x |
| Mon, 18 Apr 2022 | ₱1.1t | ₱429.5b | ₱49.2b | 46.4x | 22.2x | 2.5x |
| Wed, 16 Mar 2022 | ₱980.2b | ₱426.4b | ₱45.8b | 44x | 21.4x | 2.3x |
| Fri, 11 Feb 2022 | ₱1.2t | ₱424.8b | ₱42.9b | 48.5x | 26.9x | 2.7x |
| Sun, 09 Jan 2022 | ₱1.2t | ₱424.8b | ₱42.9b | 49.8x | 28.1x | 2.8x |
| Tue, 07 Dec 2021 | ₱1.2t | ₱424.8b | ₱42.9b | 51.7x | 27.9x | 2.8x |
| Thu, 04 Nov 2021 | ₱1.2t | ₱418.2b | ₱42.7b | 44.1x | 27.6x | 2.8x |
| Sat, 02 Oct 2021 | ₱1.2t | ₱418.2b | ₱42.7b | 55.9x | 29.1x | 3x |
| Mon, 30 Aug 2021 | ₱1.0t | ₱418.2b | ₱42.7b | 43.8x | 23.9x | 2.4x |
| Tue, 06 Jul 2021 | ₱792.4b | ₱418.2b | ₱42.7b | 44.6x | 18.6x | 1.9x |
| Fri, 09 Apr 2021 | ₱734.0b | ₱405.4b | ₱37.9b | 54x | 19.4x | 1.8x |
| Thu, 31 Dec 2020 | ₱745.3b | ₱399.9b | ₱36.5b | 44.6x | 20.4x | 1.9x |
Price to Earnings Ratio
18x
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 14.6x which is lower than its 3-year average PE of 17.5x.
- The 3-year average PS ratio of 2.0x is higher than the industry's current PS ratio of 1.3x.
Past Earnings Growth
- The earnings for companies in the Communication Services industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 4.9% 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 and as a result, profits have held steady.
Industry Trends
Which industries have driven the changes within the Filipino Telecom sector?
| PH Market | -0.37% | |
| Telecom | -0.22% | |
| Telecom Services and Carriers | 3.47% | |
| Entertainment | 0% | |
| Interactive Media and Services | 0% | |
| Media | -0.018% | |
| Wireless Telecom | -0.66% | |
Industry PE
- Investors are most optimistic about the Wireless Telecom industry, which is trading close to its 3-year average PE ratio of 13.2x.
- Analysts are expecting annual earnings growth of 9.0%, which is higher than its past year's earnings decline of 43.0% per year.
Forecasted Growth
- Analysts are most optimistic on the Media industry, expecting annual earnings growth of 68% over the next 5 years.
- This is better than its past earnings decline of 58% per year.
- In contrast, the Wireless Telecom industry is expected to see its earnings grow by 9.0% 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 | |
|---|---|---|---|---|---|
| CNVRG Converge Information and Communications Technology Solutions | ₱8.49 | 3.5% +₱2.1b | -44.5% | PE8x | |
| MB Manila Bulletin Publishing | ₱0.24 | 18.3% +₱128.2m | -14.6% | PE17.3x |