Adtraction Group AB's (STO:ADTR) P/S Is Still On The Mark Following 26% Share Price Bounce
Nov 29
Swedish (OMX) Telecom Sector Analysis
UpdatedDec 05, 2023
DataAggregated Company Financials
Companies73
- 7D1.2%
- 3M0.2%
- 1Y-18.8%
- YTD-16.5%
Over the last 7 days, the Telecom industry has risen 1.1%, driven by gains from Embracer Group of 12%. During this same period, the Viaplay Group underperformed, falling 76%. In the past year, the industry is down 19%. Earnings are forecast to grow by 43% annually.
Sector Valuation and Performance
Has the Swedish Telecom Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 05 Dec 2023 | kr294.1b | kr234.7b | -kr14,362,674,838.00 | 27.9x | -20.5x | 1.3x |
| Thu, 02 Nov 2023 | kr273.0b | kr231.7b | -kr10,993,091,447.00 | 26.3x | -24.8x | 1.2x |
| Sat, 30 Sep 2023 | kr281.5b | kr230.5b | -kr10,431,826,024.00 | 24.7x | -27x | 1.2x |
| Mon, 28 Aug 2023 | kr280.3b | kr231.3b | -kr10,566,450,775.00 | 21.3x | -26.5x | 1.2x |
| Wed, 26 Jul 2023 | kr306.3b | kr225.7b | -kr13,233,652,715.00 | 24.2x | -23.1x | 1.4x |
| Fri, 23 Jun 2023 | kr296.0b | kr223.4b | -kr6,073,636,088.00 | 18.3x | -48.7x | 1.3x |
| Sun, 21 May 2023 | kr354.3b | kr223.1b | -kr12,066,977,615.00 | 22.1x | -29.4x | 1.6x |
| Tue, 18 Apr 2023 | kr370.0b | kr218.8b | -kr9,453,297,458.00 | 21.3x | -39.1x | 1.7x |
| Thu, 16 Mar 2023 | kr362.7b | kr219.0b | -kr9,524,233,332.00 | 17.7x | -38.1x | 1.7x |
| Sat, 11 Feb 2023 | kr350.0b | kr208.6b | -kr12,010,023,832.00 | 22.4x | -29.1x | 1.7x |
| Mon, 09 Jan 2023 | kr349.0b | kr207.9b | kr7.7b | 22.6x | 45.6x | 1.7x |
| Wed, 07 Dec 2022 | kr350.2b | kr207.8b | kr7.7b | 22.1x | 45.7x | 1.7x |
| Fri, 04 Nov 2022 | kr361.8b | kr199.6b | kr6.8b | 23.1x | 53.4x | 1.8x |
| Sun, 02 Oct 2022 | kr387.6b | kr195.9b | kr5.9b | 22x | 65.9x | 2x |
| Tue, 30 Aug 2022 | kr428.4b | kr195.8b | kr5.9b | 22.7x | 72.9x | 2.2x |
| Thu, 28 Jul 2022 | kr450.3b | kr190.3b | kr6.0b | 22.6x | 74.6x | 2.4x |
| Sat, 25 Jun 2022 | kr449.1b | kr187.7b | kr12.7b | 22.1x | 35.4x | 2.4x |
| Mon, 23 May 2022 | kr479.5b | kr186.7b | kr12.8b | 23.8x | 37.5x | 2.6x |
| Wed, 20 Apr 2022 | kr492.1b | kr181.0b | kr12.8b | 27x | 38.4x | 2.7x |
| Fri, 18 Mar 2022 | kr471.0b | kr181.5b | kr12.6b | 37.8x | 37.3x | 2.6x |
| Sun, 13 Feb 2022 | kr504.9b | kr176.6b | kr13.7b | 29.2x | 36.8x | 2.9x |
| Tue, 11 Jan 2022 | kr493.0b | kr174.3b | -kr7,928,168,510.00 | 48.4x | -62.2x | 2.8x |
| Thu, 09 Dec 2021 | kr495.0b | kr174.1b | -kr7,926,665,118.00 | 46.6x | -62.4x | 2.8x |
| Sat, 06 Nov 2021 | kr477.1b | kr171.2b | -kr6,150,457,534.00 | 34.6x | -77.6x | 2.8x |
| Mon, 04 Oct 2021 | kr493.1b | kr170.4b | -kr4,611,044,684.00 | 34.2x | -106.9x | 2.9x |
| Wed, 01 Sep 2021 | kr526.2b | kr170.4b | -kr4,608,308,576.94 | 35.3x | -114.2x | 3.1x |
| Thu, 08 Jul 2021 | kr540.7b | kr170.4b | -kr4,602,024,391.94 | 36.9x | -117.5x | 3.2x |
| Wed, 31 Mar 2021 | kr505.4b | kr165.2b | -kr11,265,187,442.33 | 33.4x | -44.9x | 3.1x |
| Sat, 02 Jan 2021 | kr468.6b | kr163.2b | -kr11,776,321,186.28 | 31.8x | -39.8x | 2.9x |
Price to Earnings Ratio
-39.8x
Current Industry PE
- Investors are pessimistic on the Swedish Communication Services industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 2.3x is higher than the industry's current PS ratio of 1.2x.
Past Earnings Growth
- Total earnings for the Communication Services industry have declined over the last three years, with the industry now making a loss overall.
- Meanwhile revenues have grown 13% 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, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Swedish Telecom sector?
| SE Market | 0.85% | |
| Telecom | 1.21% | |
| Wireless Telecom | 3.11% | |
| Entertainment | 2.72% | |
| Telecom Services and Carriers | 2.12% | |
| Interactive Media and Services | -2.05% | |
| Media | -20.97% | |
Industry PE
- Investors are most optimistic about the Interactive Media and Services industry even though it's trading below its 3-year average PE ratio of 111x.
- Analysts are expecting annual earnings growth of 36.8%, which is higher than its past year's earnings decline of 23.8% per year.
Forecasted Growth
- Analysts are most optimistic on the Media industry, expecting annual earnings growth of 99% over the next 5 years.
- This is better than its past earnings decline of 67% per year.
- In contrast, the Wireless Telecom industry is expected to see its earnings grow by 5.8% 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 | |
|---|---|---|---|---|---|
| EMBRAC B Embracer Group | kr24.43 | 12.1% +kr3.5b | -49.9% | PE8.3x | |
| TELIA Telia Company | kr25.54 | 2.4% +kr2.3b | -11.0% | PS1.1x | |
| TEL2 B Tele2 | kr84.44 | 3.2% +kr1.8b | -10.8% | PE15.8x | |
| OVZON Ovzon | kr7.35 | 32.9% +kr101.5m | -82.3% | PS1.3x | |
| ADTR Adtraction Group | kr42.00 | 6.3% +kr41.5m | 2.2% | PE274.8x |
