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U.K. (FTSE) Telecom Services and Carriers Industry Analysis

UpdatedMay 09, 2024
DataAggregated Company Financials
Companies5
  • 7D0.8%
  • 3M0.5%
  • 1Y-20.8%
  • YTD-10.0%

The Telecom Services and Carriers industry is up 1.6% in the last week, with BT Group up 1.5%. Meanwhile, Zegona Communications actually underperformed within the industry, shrinking 7.0% in the last week. In contrast, the industry has lost 21% in the last 12 months. Earnings are forecast to be flat in the coming years.

Industry Valuation and Performance

Has the U.K. Telecom Services and Carriers Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 09 May 2024UK£13.1bUK£21.3bUK£1.9b11.6x6.9x0.6x
Sat, 06 Apr 2024UK£13.2bUK£21.3bUK£1.9b11.6x6.9x0.6x
Mon, 04 Mar 2024UK£12.9bUK£21.3bUK£1.9b11.6x6.8x0.6x
Wed, 31 Jan 2024UK£13.5bUK£21.3bUK£1.9b11.6x7.1x0.6x
Fri, 29 Dec 2023UK£14.5bUK£21.3bUK£1.9b11.6x7.6x0.7x
Sun, 26 Nov 2023UK£13.1bUK£21.3bUK£1.9b11.6x6.9x0.6x
Tue, 24 Oct 2023UK£11.9bUK£21.3bUK£1.9b19.4x6.1x0.6x
Thu, 21 Sep 2023UK£13.0bUK£21.3bUK£1.9b21.9x6.7x0.6x
Sat, 19 Aug 2023UK£12.0bUK£21.3bUK£1.9b20.5x6.2x0.6x
Mon, 17 Jul 2023UK£13.5bUK£21.3bUK£1.9b14.3x6.9x0.6x
Wed, 14 Jun 2023UK£15.1bUK£21.3bUK£1.9b15.3x7.7x0.7x
Fri, 12 May 2023UK£16.2bUK£21.4bUK£1.7b15.9x9.3x0.8x
Sun, 09 Apr 2023UK£15.8bUK£21.4bUK£1.7b14.9x9.1x0.7x
Tue, 07 Mar 2023UK£15.9bUK£21.3bUK£1.7b14.3x9.1x0.7x
Thu, 02 Feb 2023UK£13.4bUK£21.5bUK£1.8b13.2x7.5x0.6x
Sat, 31 Dec 2022UK£12.1bUK£21.5bUK£1.8b12.1x6.8x0.6x
Mon, 28 Nov 2022UK£13.6bUK£21.5bUK£1.8b12.7x7.7x0.6x
Wed, 26 Oct 2022UK£13.5bUK£21.5bUK£1.7b17.8x7.8x0.6x
Fri, 23 Sep 2022UK£14.4bUK£21.5bUK£1.7b18.4x8.3x0.7x
Sun, 21 Aug 2022UK£16.6bUK£21.5bUK£1.7b20.7x9.7x0.8x
Tue, 19 Jul 2022UK£19.7bUK£21.8bUK£1.2b14.4x17x0.9x
Thu, 16 Jun 2022UK£20.5bUK£21.8bUK£1.2b18.1x17.5x0.9x
Sat, 14 May 2022UK£20.3bUK£21.9bUK£976.2m20.3x20.8x0.9x
Mon, 11 Apr 2022UK£21.6bUK£21.8bUK£984.4m20.6x21.9x1x
Wed, 09 Mar 2022UK£18.9bUK£21.8bUK£1.1b19.9x16.7x0.9x
Fri, 04 Feb 2022UK£21.8bUK£21.9bUK£1.1b21.9x19.8x1x
Sun, 02 Jan 2022UK£20.4bUK£21.9bUK£1.1b22.2x18.5x0.9x
Tue, 30 Nov 2021UK£18.7bUK£21.9bUK£1.1b27.4x17x0.9x
Thu, 28 Oct 2021UK£17.9bUK£22.0bUK£1.1b28.2x16.6x0.8x
Sat, 25 Sep 2021UK£19.9bUK£22.0bUK£1.1b27.7x18x0.9x
Mon, 23 Aug 2021UK£21.1bUK£22.0bUK£1.1b31.1x19.1x1x
Sat, 10 Jul 2021UK£23.3bUK£22.0bUK£1.1b27.6x21.2x1.1x
Price to Earnings Ratio

13.9x


Total Market Cap: UK£21.4bTotal Earnings: UK£1.5bTotal Revenue: UK£22.2bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Telecom Services and Carriers Industry Price to Earnings3Y Average 12.5x202220232024
Current Industry PE
  • Investors are pessimistic on the British Telecom 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 6.9x which is lower than its 3-year average PE of 12.5x.
  • The industry is trading close to its 3-year average PS ratio of 0.85x.
Past Earnings Growth
  • The earnings for companies in the Telecom industry have grown 7.0% 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 U.K. Telecom industry?

GB Market2.66%
Telecom3.02%
Telecom Services and Carriers0.75%
Alternative Carriers6.61%
Integrated Telecom Services0.11%
Industry PE
  • Investors are most optimistic about the Alternative Carriers industry, which is trading close to its 3-year average PE ratio of 26.5x.
    • Analysts are expecting annual earnings growth of 13.9%, which is higher than its past year's earnings growth of 8.7% per year.
  • Investors are most pessimistic about the Integrated Telecom Services industry, which is trading below its 3-year average of 12.1x.
Forecasted Growth
  • Analysts are most optimistic on the Alternative Carriers industry, expecting annual earnings growth of 14% over the next 5 years.
  • This is better than its past earnings growth rate of 8.7% per year.
  • In contrast, the Integrated Telecom Services industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
GAMA Gamma CommunicationsUK£13.966.6%
+UK£83.0m
21.4%PE25.3x
BT.A BT GroupUK£1.050.8%
+UK£82.9m
-32.3%PE5.5x
HTWS Helios TowersUK£1.076.7%
+UK£70.4m
11.3%PS1.9x
BBB Bigblu BroadbandUK£0.429.1%
+UK£2.0m
-19.2%PS0.8x
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