Improved Earnings Required Before Frog Cellsat Limited (NSE:FROG) Stock's 27% Jump Looks Justified
Apr 13
Indian (NIFTY) Communications Industry Analysis
UpdatedMay 08, 2024
DataAggregated Company Financials
Companies19
- 7D-4.1%
- 3M-0.9%
- 1Y79.1%
- YTD3.9%
Over the last 7 days, the Communications industry has dropped 4.1%, driven by a pullback from ITI of 6.0%. On the other hand Frog Cellsat is actually up 6.4%. This takes the industry's 12 month performance to a gain of 79%. Looking forward, earnings are forecast to grow by 64% annually.
Industry Valuation and Performance
Has the Indian Communications Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 08 May 2024 | ₹699.1b | ₹172.4b | ₹2.8b | 50.8x | 253.4x | 4.1x |
| Fri, 05 Apr 2024 | ₹605.8b | ₹164.0b | ₹1.1b | 41.1x | 528.1x | 3.7x |
| Sun, 03 Mar 2024 | ₹624.3b | ₹164.0b | ₹1.1b | 44.5x | 545.2x | 3.8x |
| Tue, 30 Jan 2024 | ₹659.2b | ₹159.6b | ₹845.7m | 34.7x | 779.5x | 4.1x |
| Thu, 28 Dec 2023 | ₹648.6b | ₹161.2b | ₹2.2b | 23.7x | 300.3x | 4x |
| Sat, 25 Nov 2023 | ₹625.8b | ₹161.5b | ₹2.2b | 24.6x | 284.4x | 3.9x |
| Mon, 23 Oct 2023 | ₹640.8b | ₹159.7b | ₹2.4b | 24.6x | 268.3x | 4x |
| Wed, 20 Sep 2023 | ₹522.2b | ₹158.0b | ₹2.5b | 25.1x | 211.2x | 3.3x |
| Fri, 18 Aug 2023 | ₹430.2b | ₹158.0b | ₹2.4b | 24.5x | 175.7x | 2.7x |
| Sun, 16 Jul 2023 | ₹421.1b | ₹151.3b | ₹2.3b | 36.7x | 184x | 2.8x |
| Tue, 13 Jun 2023 | ₹386.7b | ₹153.3b | ₹2.2b | 24.7x | 172.2x | 2.5x |
| Thu, 11 May 2023 | ₹373.6b | ₹143.4b | ₹4.0b | 39.2x | 92.3x | 2.6x |
| Sat, 08 Apr 2023 | ₹331.8b | ₹140.5b | ₹3.7b | 32.4x | 90.7x | 2.4x |
| Mon, 06 Mar 2023 | ₹327.7b | ₹140.5b | ₹3.7b | 31.6x | 89.6x | 2.3x |
| Wed, 01 Feb 2023 | ₹336.2b | ₹133.2b | ₹3.1b | 30x | 108.2x | 2.5x |
| Fri, 30 Dec 2022 | ₹335.5b | ₹127.3b | ₹1.1b | 27.4x | 316.4x | 2.6x |
| Sun, 27 Nov 2022 | ₹362.3b | ₹127.3b | ₹1.0b | 29.1x | 345.2x | 2.8x |
| Tue, 25 Oct 2022 | ₹349.0b | ₹123.5b | ₹2.1b | 24x | 164.2x | 2.8x |
| Thu, 22 Sep 2022 | ₹350.7b | ₹121.5b | ₹2.0b | 23.3x | 176.1x | 2.9x |
| Sat, 20 Aug 2022 | ₹323.2b | ₹121.5b | ₹2.0b | 22.4x | 162.4x | 2.7x |
| Mon, 18 Jul 2022 | ₹300.3b | ₹119.3b | ₹4.7b | 23.5x | 63.6x | 2.5x |
| Wed, 15 Jun 2022 | ₹274.1b | ₹119.3b | ₹4.7b | 28.1x | 58x | 2.3x |
| Fri, 13 May 2022 | ₹261.4b | ₹121.8b | ₹3.8b | 17.8x | 68.9x | 2.1x |
| Sun, 10 Apr 2022 | ₹337.7b | ₹120.9b | ₹6.2b | 27.9x | 54.9x | 2.8x |
| Tue, 08 Mar 2022 | ₹256.6b | ₹120.9b | ₹6.2b | 18.8x | 41.7x | 2.1x |
| Thu, 03 Feb 2022 | ₹312.9b | ₹124.1b | ₹6.9b | 26.6x | 45.1x | 2.5x |
| Sat, 01 Jan 2022 | ₹337.1b | ₹123.7b | ₹9.5b | 26.8x | 35.3x | 2.7x |
| Mon, 29 Nov 2021 | ₹325.9b | ₹123.7b | ₹9.5b | 21.4x | 34.2x | 2.6x |
| Wed, 27 Oct 2021 | ₹336.3b | ₹121.9b | ₹8.6b | 26.6x | 38.9x | 2.8x |
| Fri, 24 Sep 2021 | ₹324.7b | ₹118.0b | ₹8.2b | 27.9x | 39.5x | 2.8x |
| Sun, 22 Aug 2021 | ₹292.2b | ₹117.9b | ₹8.2b | 25.6x | 35.7x | 2.5x |
| Fri, 09 Jul 2021 | ₹293.8b | ₹117.9b | ₹8.2b | 28.7x | 35.9x | 2.5x |
Price to Earnings Ratio
43.5x
Current Industry PE
- Investors are optimistic on the Indian Communications industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 253x which is higher than its 3-year average PE of 171x.
- The 3-year average PS ratio of 2.9x is lower than the industry's current PS ratio of 4.1x.
Past Earnings Growth
- The earnings for companies in the Communications industry have declined 24% per year over the last three years.
- Meanwhile revenues for these companies have grown 16% 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 Indian Tech industry?
| IN Market | -1.98% | |
| Tech | 1.08% | |
| Communications | -4.08% | |
| Communications Equipment | -4.08% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| FROG Frog Cellsat | ₹197.40 | 6.4% +₹182.2m | 12.3% | PE25.1x | |
| 590041 Kavveri Telecom Products | ₹20.10 | 27.4% +₹86.9m | 290.3% | PE1.3x | |
| SYNOPTICS Synoptics Technologies | ₹120.30 | 1.5% +₹14.8m | n/a | PE16.4x |