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Canadian (TSX) Telecom Services and Carriers Industry Analysis

UpdatedMay 08, 2024
DataAggregated Company Financials
Companies8
  • 7D1.7%
  • 3M-10.0%
  • 1Y-22.8%
  • YTD-11.1%

Over the last 7 days, the Telecom Services and Carriers industry has risen 1.7%, driven by gains in TELUS and BCE of 1.9% and 1.5%, respectively. However, the industry is down 23% over the past year. Earnings are forecast to grow by 14% annually.

Industry Valuation and Performance

Has the Canadian Telecom Services and Carriers Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 08 May 2024CA$85.3bCA$56.8bCA$3.8b10x22.4x1.5x
Fri, 05 Apr 2024CA$82.9bCA$56.9bCA$4.1b9.3x20x1.5x
Sun, 03 Mar 2024CA$89.5bCA$54.0bCA$3.8b11.4x23.6x1.7x
Tue, 30 Jan 2024CA$94.9bCA$53.5bCA$3.9b13.2x24.4x1.8x
Thu, 28 Dec 2023CA$90.2bCA$53.5bCA$3.9b12.5x23.1x1.7x
Sat, 25 Nov 2023CA$92.9bCA$53.5bCA$3.9b11.5x23.8x1.7x
Mon, 23 Oct 2023CA$86.5bCA$52.8bCA$4.3b15.6x20.3x1.6x
Wed, 20 Sep 2023CA$91.9bCA$52.8bCA$4.3b16.5x21.5x1.7x
Fri, 18 Aug 2023CA$85.3bCA$44.9bCA$3.6b25.1x23.9x1.9x
Sun, 16 Jul 2023CA$89.3bCA$44.1bCA$4.0b24.3x22.5x2x
Tue, 13 Jun 2023CA$93.7bCA$44.1bCA$4.0b25.5x23.6x2.1x
Thu, 11 May 2023CA$98.8bCA$44.1bCA$4.0b27.4x24.9x2.2x
Sat, 08 Apr 2023CA$98.4bCA$43.3bCA$4.3b24.9x22.9x2.3x
Mon, 06 Mar 2023CA$94.9bCA$43.2bCA$4.3b22.3x21.9x2.2x
Wed, 01 Feb 2023CA$99.0bCA$42.5bCA$4.8b20.4x20.5x2.3x
Fri, 30 Dec 2022CA$92.7bCA$42.5bCA$4.8b16.1x19.2x2.2x
Sun, 27 Nov 2022CA$100.6bCA$42.5bCA$4.8b20.4x20.9x2.4x
Tue, 25 Oct 2022CA$93.8bCA$41.9bCA$4.7b16.6x20x2.2x
Thu, 22 Sep 2022CA$97.4bCA$41.9bCA$4.7b14.3x20.7x2.3x
Sat, 20 Aug 2022CA$103.7bCA$41.9bCA$4.7b15.5x22.1x2.5x
Mon, 18 Jul 2022CA$98.3bCA$41.5bCA$4.7b15x20.9x2.4x
Wed, 15 Jun 2022CA$99.4bCA$41.5bCA$4.7b16.6x21.1x2.4x
Fri, 13 May 2022CA$106.1bCA$41.5bCA$4.7b18.4x22.5x2.6x
Sun, 10 Apr 2022CA$115.0bCA$41.1bCA$4.5b24.6x25.8x2.8x
Tue, 08 Mar 2022CA$112.2bCA$41.1bCA$4.7b23.9x24x2.7x
Thu, 03 Feb 2022CA$103.5bCA$40.6bCA$4.3b22x23.9x2.6x
Sat, 01 Jan 2022CA$102.3bCA$40.6bCA$4.3b21.7x23.6x2.5x
Mon, 29 Nov 2021CA$99.3bCA$40.6bCA$4.3b21.2x22.9x2.4x
Wed, 27 Oct 2021CA$95.7bCA$39.5bCA$3.9b26.2x24.5x2.4x
Fri, 24 Sep 2021CA$98.0bCA$39.5bCA$3.9b26.8x25x2.5x
Sun, 22 Aug 2021CA$98.6bCA$39.5bCA$3.9b27x25.2x2.5x
Fri, 09 Jul 2021CA$93.1bCA$39.5bCA$3.9b25.6x23.8x2.4x
Price to Earnings Ratio

26.6x


Total Market Cap: CA$91.0bTotal Earnings: CA$3.4bTotal Revenue: CA$38.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Telecom Services and Carriers Industry Price to Earnings3Y Average 22.8x202220232024
Current Industry PE
  • Investors are relatively neutral on the Canadian Telecom industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 22.8x.
  • The 3-year average PS ratio of 2.2x is higher than the industry's current PS ratio of 1.5x.
Past Earnings Growth
  • The earnings for companies in the Telecom industry have grown 3.7% per year over the last three years.
  • Revenues for these companies have grown 14% 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 Canadian Telecom industry?

CA Market2.53%
Telecom1.75%
Telecom Services and Carriers1.65%
Integrated Telecom Services1.67%
Alternative Carriers-1.92%
Industry PE
  • Investors are most optimistic about the Integrated Telecom Services industry, which is trading close to its 3-year average PE ratio of 23.1x.
    • Analysts are expecting annual earnings growth of 15.0%, which is higher than its past year's earnings decline of 31.6% per year.
  • Investors are most pessimistic about the Alternative Carriers 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 Integrated Telecom Services industry, expecting annual earnings growth of 15% over the next 5 years.
  • This is better than its past earnings decline of 32% per year.
  • In contrast, the Alternative Carriers industry is expected to see its earnings decline by 77% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
T TELUSCA$22.541.9%
+CA$634.9m		-18.0%PE39.6x
BCE BCECA$45.911.5%
+CA$620.3m		-28.3%PE23.9x
CCA Cogeco CommunicationsCA$56.523.6%
+CA$81.9m		-9.2%PE6.5x
QBR.A QuebecorCA$29.130.6%
+CA$36.9m		-12.2%PE10.3x
CGO CogecoCA$53.694.6%
+CA$22.5m		-1.2%PE9.6x
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Latest News

CCA

CA$56.52

Cogeco Communications

7D

3.6%

1Y

-9.2%

Cogeco Communications (TSE:CCA) Seems To Be Using A Lot Of Debt

May 08
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T

CA$22.54

TELUS

7D

1.9%

1Y

-18.0%

QBR.A

CA$29.13

Quebecor

7D

0.6%

1Y

-12.2%

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May 03
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BCE

CA$45.91

BCE

7D

1.5%

1Y

-28.3%

TGO

CA$1.76

TeraGo

7D

-4.9%

1Y

-33.6%

USS

CA$0.03

Uniserve Communications

7D

-14.3%

1Y

-33.3%

ADYA

CA$0.03

Adya

7D

50.0%

1Y

-50.0%

CGO

CA$53.69

Cogeco

7D

4.6%

1Y

-1.2%

TSAT

CA$9.80

Telesat

7D

-1.7%

1Y

-15.8%

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