Filipino (PSEi) Telecom Sector Analysis
UpdatedDec 08, 2022
DataAggregated Company Financials
Companies9
- 7D-2.6%
- 3M0.9%
- 1Y-26.4%
- YTD-26.7%
Over the last 7 days, the Telecom industry has dropped 3.1%, driven by Globe Telecom declining 5.1%. However, the industry is down 27% over the past year. Looking forward, earnings are forecast to decline by 2.1% per year.
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 |
|---|---|---|---|---|---|---|
| Thu, 08 Dec 2022 | ₱846.5b | ₱450.7b | ₱75.0b | 17.2x | 11.3x | 1.9x |
| Sat, 05 Nov 2022 | ₱808.9b | ₱448.9b | ₱73.9b | 14.1x | 10.9x | 1.8x |
| Mon, 03 Oct 2022 | ₱740.5b | ₱445.6b | ₱69.2b | 14.8x | 10.7x | 1.7x |
| Wed, 31 Aug 2022 | ₱844.3b | ₱445.6b | ₱69.2b | 18.8x | 12.2x | 1.9x |
| Fri, 29 Jul 2022 | ₱831.0b | ₱436.2b | ₱67.1b | 22.4x | 12.4x | 1.9x |
| Sun, 26 Jun 2022 | ₱842.0b | ₱436.2b | ₱67.1b | 21.4x | 12.6x | 1.9x |
| Tue, 24 May 2022 | ₱1.1t | ₱435.8b | ₱63.7b | 28.9x | 17.1x | 2.5x |
| Thu, 21 Apr 2022 | ₱1.1t | ₱429.5b | ₱49.2b | 46.5x | 22.7x | 2.6x |
| Sat, 19 Mar 2022 | ₱1.0t | ₱427.6b | ₱48.8b | 46.3x | 20.9x | 2.4x |
| Mon, 14 Feb 2022 | ₱1.1t | ₱424.8b | ₱42.9b | 48.5x | 26.3x | 2.7x |
| Wed, 12 Jan 2022 | ₱1.2t | ₱424.8b | ₱42.9b | 49.4x | 28.1x | 2.8x |
| Fri, 10 Dec 2021 | ₱1.2t | ₱424.8b | ₱42.9b | 52.3x | 28.4x | 2.9x |
| Sun, 07 Nov 2021 | ₱1.2t | ₱418.2b | ₱42.7b | 46.4x | 28.1x | 2.9x |
| Tue, 05 Oct 2021 | ₱1.2t | ₱418.2b | ₱42.7b | 55.9x | 29.2x | 3x |
| Thu, 02 Sep 2021 | ₱1.1t | ₱418.2b | ₱42.7b | 44.8x | 26.3x | 2.7x |
| Sat, 31 Jul 2021 | ₱767.7b | ₱418.2b | ₱42.7b | 42.8x | 18x | 1.8x |
| Tue, 04 May 2021 | ₱735.7b | ₱405.4b | ₱37.9b | 48.7x | 19.4x | 1.8x |
| Fri, 05 Feb 2021 | ₱736.0b | ₱399.9b | ₱36.5b | 44.2x | 20.2x | 1.8x |
| Mon, 09 Nov 2020 | ₱706.6b | ₱401.1b | ₱40.3b | 45.8x | 17.5x | 1.8x |
| Sun, 02 Aug 2020 | ₱598.5b | ₱391.0b | ₱38.5b | 32.7x | 15.5x | 1.5x |
| Wed, 06 May 2020 | ₱617.1b | ₱399.6b | ₱41.8b | 26.6x | 14.8x | 1.5x |
| Sat, 08 Feb 2020 | ₱512.7b | ₱398.1b | ₱44.5b | 31.8x | 11.5x | 1.3x |
Price to Earnings Ratio
11.9x
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 11.2x which is lower than its 3-year average PE of 18.2x.
- The industry is trading close to its 3-year average PS ratio of 2.0x.
Past Earnings Growth
- The earnings for companies in the Communication Services industry have grown 19% per year over the last three years.
- Revenues for these companies have grown 4.2% 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 | -2.52% | |
| Telecom | -2.64% | |
| Telecom Services and Carriers | 3.46% | |
| Media | 2.87% | |
| Entertainment | 0% | |
| Interactive Media and Services | 0% | |
| Wireless Telecom | -3.98% | |
Industry PE
- Investors are most optimistic about the Media industry which is trading above its 3-year average PE ratio of 15.7x.
- Analysts are expecting annual earnings growth of 81.9%, which is higher than its past year's earnings growth of 12.3% per year.
- Investors are most pessimistic about the Wireless Telecom industry, which is trading below its 3-year average of 13.2x.
Forecasted Growth
- Analysts are most optimistic on the Media industry, expecting annual earnings growth of 82% over the next 5 years.
- This is better than its past earnings growth rate of 12% per year.
- In contrast, the Wireless Telecom industry is expected to see its earnings decline by 5.2% 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 | ₱16.00 | 3.5% +₱3.9b | -49.8% | PE14.4x | |
| GMA7 GMA Network | ₱10.86 | 3.8% +₱1.3b | -19.6% | PE7.9x | |
| MBC Manila Broadcasting | ₱7.00 | 3.1% +₱84.6m | -32.7% | PE25.4x | |
| ECP Easycall Communications Philippines | ₱4.40 | 12.8% +₱75.0m | -9.3% | PE20.1x | |
| MB Manila Bulletin Publishing | ₱0.28 | 1.8% +₱17.3m | -37.1% | PE37.3x |