Is Grupo Media Capital SGPS (ELI:MCP) Weighed On By Its Debt Load?
Nov 26
Portuguese (PSI) Telecom Sector Analysis
UpdatedNov 29, 2022
DataAggregated Company Financials
Companies9
- 7D-0.5%
- 3M5.1%
- 1Y12.1%
- YTD9.2%
The Telecom is pretty flat in the last 7 days, but Sonaecom S.G.P.S has stood out, gaining 4.4%. As for the the longer term, the industry is up 12% over the past 12 months. Looking forward, earnings are forecast to decline by 2.5% per year.
Sector Valuation and Performance
Has the Portuguese Telecom Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 29 Nov 2022 | €2.9b | €2.2b | €316.3m | 4.7x | 9.2x | 1.3x |
| Thu, 27 Oct 2022 | €2.9b | €2.2b | €249.5m | 4.6x | 11.5x | 1.3x |
| Sat, 24 Sep 2022 | €2.6b | €2.2b | €269.4m | 4.6x | 9.8x | 1.2x |
| Mon, 22 Aug 2022 | €2.8b | €2.2b | €269.3m | 4.7x | 10.4x | 1.3x |
| Wed, 20 Jul 2022 | €2.8b | €2.1b | €226.3m | 5x | 12.4x | 1.3x |
| Fri, 17 Jun 2022 | €2.8b | €2.1b | €231.7m | 5x | 12.1x | 1.3x |
| Sun, 15 May 2022 | €2.9b | €2.1b | €220.2m | 5.4x | 13x | 1.4x |
| Tue, 12 Apr 2022 | €3.0b | €2.1b | €209.6m | 5.3x | 14.2x | 1.4x |
| Thu, 10 Mar 2022 | €2.6b | €2.1b | €217.4m | 4.8x | 11.8x | 1.2x |
| Sat, 05 Feb 2022 | €2.6b | €2.1b | €201.5m | 5.3x | 13.1x | 1.3x |
| Mon, 03 Jan 2022 | €2.6b | €2.1b | €201.5m | 5.2x | 13x | 1.3x |
| Wed, 01 Dec 2021 | €2.6b | €2.1b | €211.1m | 5.1x | 12.1x | 1.2x |
| Fri, 29 Oct 2021 | €2.6b | €2.0b | €209.1m | 5.2x | 12.6x | 1.3x |
| Sun, 26 Sep 2021 | €2.6b | €2.0b | €233.1m | 5.2x | 11.3x | 1.3x |
| Tue, 24 Aug 2021 | €2.6b | €2.0b | €241.0m | 5x | 10.8x | 1.3x |
| Wed, 30 Jun 2021 | €2.3b | €2.0b | €241.0m | 5x | 9.5x | 1.1x |
| Sat, 03 Apr 2021 | €2.3b | €2.0b | €192.9m | 6.5x | 12x | 1.2x |
| Tue, 05 Jan 2021 | €2.2b | €2.0b | €115.2m | 7.1x | 18.9x | 1.1x |
| Fri, 09 Oct 2020 | €2.2b | €2.1b | €62.6m | 6.4x | 35.8x | 1x |
| Thu, 02 Jul 2020 | €2.8b | €2.0b | €106.5m | 7x | 26.1x | 1.4x |
| Sun, 05 Apr 2020 | €2.4b | €2.2b | €159.7m | 3.8x | 14.7x | 1.1x |
| Wed, 08 Jan 2020 | €3.4b | €2.2b | €268.4m | 5.2x | 12.8x | 1.6x |
Price to Earnings Ratio
12.7x
Current Industry PE
- Investors are pessimistic on the Portuguese 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 9.2x which is lower than its 3-year average PE of 15.9x.
- The industry is trading close to its 3-year average PS ratio of 1.3x.
Past Earnings Growth
- The earnings for companies in the Communication Services industry have grown 3.7% 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.
Industry Trends
Which industries have driven the changes within the Portuguese Telecom sector?
| PT Market | 1.03% | |
| Telecom | -0.55% | |
| Wireless Telecom | 4.44% | |
| Interactive Media and Services | 0% | |
| Entertainment | -0.87% | |
| Telecom Services and Carriers | -1.27% | |
| Media | -8.19% | |
Industry PE
- Investors are most optimistic about the Media industry which is trading above its 3-year average PE ratio of 19.8x.
- Analysts are expecting annual earnings growth of 7.7%, which is higher than its past year's earnings decline of 17.5% per year.
Forecasted Growth
- Analysts are most optimistic on the Media industry, expecting annual earnings growth of 7.7% over the next 5 years.
- This is better than its past earnings decline of 18% per year.
- In contrast, the Telecom Services and Carriers industry is expected to see its earnings decline by 2.6% 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 | |
|---|---|---|---|---|---|
| SNC Sonaecom S.G.P.S | €2.00 | 4.4% +€26.0m | 21.2% | PE4.7x | |
| SCP Sporting Clube de Portugal - Futebol SAD | €0.83 | 3.0% +€1.6m | -2.5% | PS0.5x | |
| IPR Impresa - Sociedade Gestora de Participações Sociais | €0.17 | 0.9% +€252.0k | -35.0% | PE4.1x | |
| SLBEN Sport Lisboa e Benfica - Futebol SAD | €3.77 | 0.3% +€230.0k | -27.5% | PS0.5x |