Earnings Release: Here's Why Analysts Cut Their Ovzon AB (publ) (STO:OVZON) Price Target To kr15.00
Nov 20
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Swedish (OMX) Telecom Services and Carriers Industry Analysis
UpdatedNov 24, 2024
DataAggregated Company Financials
Companies7
- 7D3.2%
- 3M0.7%
- 1Y29.7%
- YTD20.5%
The Telecom Services and Carriers industry is up 3.2% in the last week, with Telia Company up 3.5%. This takes the industry's 12 month performance to a gain of 30%. Looking forward, earnings are forecast to grow by 26% annually.
Industry Valuation and Performance
Has the Swedish Telecom Services and Carriers Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 24 Nov 2024 | SEK 134.5b | SEK 95.1b | SEK 1.3b | 33.3x | 102.7x | 1.4x |
| Tue, 22 Oct 2024 | SEK 135.2b | SEK 95.3b | SEK 616.1m | 22.2x | 219.4x | 1.4x |
| Thu, 19 Sep 2024 | SEK 142.4b | SEK 95.3b | SEK 617.9m | 22.9x | 230.4x | 1.5x |
| Sat, 17 Aug 2024 | SEK 133.5b | SEK 95.2b | SEK 592.6m | 22.1x | 225.3x | 1.4x |
| Mon, 15 Jul 2024 | SEK 122.5b | SEK 94.8b | -SEK 152,387,791.00 | 20.6x | -803.8x | 1.3x |
| Wed, 12 Jun 2024 | SEK 115.9b | SEK 94.8b | -SEK 152,387,791.00 | 22x | -760.5x | 1.2x |
| Fri, 10 May 2024 | SEK 109.1b | SEK 94.8b | -SEK 199,724,791.00 | 20.1x | -546.5x | 1.2x |
| Sun, 07 Apr 2024 | SEK 115.4b | SEK 95.3b | -SEK 243,257,791.00 | 20.1x | -474.6x | 1.2x |
| Tue, 05 Mar 2024 | SEK 103.8b | SEK 95.3b | -SEK 242,203,791.00 | 21.3x | -428.6x | 1.1x |
| Thu, 01 Feb 2024 | SEK 113.1b | SEK 95.3b | -SEK 299,955,577.00 | 19.6x | -377.1x | 1.2x |
| Sat, 30 Dec 2023 | SEK 108.9b | SEK 100.3b | -SEK 15,548,955,577.00 | 18.4x | -7x | 1.1x |
| Mon, 27 Nov 2023 | SEK 103.6b | SEK 100.3b | -SEK 15,543,995,577.00 | 17.6x | -6.7x | 1x |
| Wed, 25 Oct 2023 | SEK 104.0b | SEK 100.3b | -SEK 15,570,693,577.00 | 17.3x | -6.7x | 1x |
| Fri, 22 Sep 2023 | SEK 101.3b | SEK 99.5b | -SEK 15,428,077,517.00 | 18.3x | -6.6x | 1x |
| Sun, 20 Aug 2023 | SEK 91.9b | SEK 99.5b | -SEK 15,427,806,517.00 | 19x | -6x | 0.9x |
| Tue, 18 Jul 2023 | SEK 102.3b | SEK 98.4b | -SEK 14,670,902,517.00 | 16.7x | -7x | 1x |
| Thu, 15 Jun 2023 | SEK 103.0b | SEK 98.4b | -SEK 14,671,496,077.00 | 17.7x | -7x | 1x |
| Sat, 13 May 2023 | SEK 114.4b | SEK 98.2b | -SEK 14,694,409,927.00 | 16.2x | -7.8x | 1.2x |
| Mon, 10 Apr 2023 | SEK 114.3b | SEK 97.0b | -SEK 14,327,880,927.00 | 16x | -8x | 1.2x |
| Wed, 08 Mar 2023 | SEK 116.2b | SEK 97.0b | -SEK 14,308,171,927.00 | 17.7x | -8.1x | 1.2x |
| Fri, 03 Feb 2023 | SEK 118.6b | SEK 96.6b | -SEK 14,358,217,965.00 | 17.3x | -8.3x | 1.2x |
| Sun, 01 Jan 2023 | SEK 116.1b | SEK 95.7b | SEK 5.6b | 18.6x | 20.9x | 1.2x |
| Tue, 29 Nov 2022 | SEK 123.0b | SEK 95.7b | SEK 5.6b | 19.9x | 22x | 1.3x |
| Thu, 27 Oct 2022 | SEK 119.6b | SEK 95.5b | SEK 5.6b | 19.9x | 21.4x | 1.3x |
| Sat, 24 Sep 2022 | SEK 144.2b | SEK 94.2b | SEK 5.4b | 20.2x | 26.6x | 1.5x |
| Mon, 22 Aug 2022 | SEK 166.0b | SEK 94.2b | SEK 5.4b | 22.3x | 30.7x | 1.8x |
| Wed, 20 Jul 2022 | SEK 170.0b | SEK 93.6b | SEK 11.7b | 16.8x | 14.5x | 1.8x |
| Fri, 17 Jun 2022 | SEK 165.7b | SEK 93.6b | SEK 11.7b | 17.9x | 14.2x | 1.8x |
| Sun, 15 May 2022 | SEK 176.0b | SEK 93.6b | SEK 11.7b | 19.1x | 15.1x | 1.9x |
| Tue, 12 Apr 2022 | SEK 169.4b | SEK 93.4b | SEK 11.7b | 21.2x | 14.5x | 1.8x |
| Thu, 10 Mar 2022 | SEK 152.5b | SEK 93.4b | SEK 11.7b | 18x | 13x | 1.6x |
| Sat, 05 Feb 2022 | SEK 161.3b | SEK 93.1b | SEK 11.7b | 21.1x | 13.8x | 1.7x |
| Mon, 03 Jan 2022 | SEK 156.1b | SEK 93.2b | -SEK 13,800,588,036.00 | 28.5x | -11.3x | 1.7x |
| Wed, 01 Dec 2021 | SEK 153.2b | SEK 93.2b | -SEK 13,805,543,036.00 | 25.9x | -11.1x | 1.6x |
Price to Earnings Ratio
-11.1x
Current Industry PE
- Investors are optimistic on the Swedish Telecom industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 103x which is higher than its 3-year average PE of -64.2x.
- The industry is trading close to its 3-year average PS ratio of 1.3x.
Past Earnings Growth
- Total earnings for the Telecom industry have gone up over the last three years, and the industry is now profitable.
- Revenues have remained mostly flat. This means that the industry has become more efficient since profits are increasing while sales have been flat.
Industry Trends
Which industries have driven the changes within the Swedish Telecom industry?
| SE Market | -0.23% | |
| Telecom | 0.83% | |
| Telecom Services and Carriers | 3.21% | |
| Integrated Telecom Services | 3.29% | |
| Alternative Carriers | 0.82% | |
Industry PE
- Investors are most optimistic about the Alternative Carriers industry which is trading above its 3-year average PE ratio of 85.1x.
- Analysts are expecting annual earnings growth of 65.7%, which is higher than its past year's earnings decline of 30.7% per year.
- Investors are most pessimistic about the Integrated Telecom Services industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted Growth
- Analysts are most optimistic on the Alternative Carriers industry, expecting annual earnings growth of 66% over the next 5 years.
- This is better than its past earnings decline of 31% per year.
- In contrast, the Integrated Telecom Services industry is expected to see its earnings grow by 25% 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 | |
|---|---|---|---|---|---|
| TELIA Telia Company | SEK 31.68 | 3.5% +SEK 4.2b | 28.4% | PE118.6x | |
| OVZON Ovzon | SEK 15.36 | 10.0% +SEK 156.1m | 185.5% | PS5.2x | |
| WYLD Wyld Networks | SEK 0.022 | -13.5% SEK 10.6m | -99.7% | PS4.4x |