Indus Towers Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
May 03
Indian (NIFTY) Telecom Services and Carriers Industry Analysis
UpdatedMay 08, 2024
DataAggregated Company Financials
Companies9
- 7D-3.7%
- 3M19.9%
- 1Y81.1%
- YTD29.0%
Over the last 7 days, the Telecom Services and Carriers industry has dropped 3.7%, driven by a pullback from Indus Towers of 4.9%. In the past year, the industry has gained 81%. As for the next few years, earnings are expected to grow by 18% per annum.
Industry Valuation and Performance
Has the Indian Telecom Services and Carriers Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 08 May 2024 | ₹1.7t | ₹570.2b | ₹75.9b | 47.6x | 22x | 2.9x |
| Fri, 05 Apr 2024 | ₹1.7t | ₹554.3b | ₹71.0b | 45.3x | 23.7x | 3x |
| Sun, 03 Mar 2024 | ₹1.6t | ₹554.3b | ₹71.0b | 53.5x | 22x | 2.8x |
| Tue, 30 Jan 2024 | ₹1.4t | ₹554.2b | ₹71.2b | 50.2x | 19.8x | 2.5x |
| Thu, 28 Dec 2023 | ₹1.2t | ₹536.3b | ₹51.8b | 37.3x | 23.5x | 2.3x |
| Sat, 25 Nov 2023 | ₹1.2t | ₹535.9b | ₹51.8b | 37.2x | 22.9x | 2.2x |
| Mon, 23 Oct 2023 | ₹1.2t | ₹542.1b | ₹47.5b | 34.5x | 24.4x | 2.1x |
| Wed, 20 Sep 2023 | ₹1.2t | ₹538.1b | ₹50.7b | 28.7x | 24x | 2.3x |
| Fri, 18 Aug 2023 | ₹1.1t | ₹538.1b | ₹50.7b | 28.2x | 21.1x | 2x |
| Sun, 16 Jul 2023 | ₹1.0t | ₹531.3b | ₹43.3b | 27.6x | 24x | 2x |
| Tue, 13 Jun 2023 | ₹1.0t | ₹531.2b | ₹43.3b | 23.5x | 23.1x | 1.9x |
| Thu, 11 May 2023 | ₹908.3b | ₹528.8b | ₹43.1b | 20.3x | 21.1x | 1.7x |
| Sat, 08 Apr 2023 | ₹862.2b | ₹526.4b | ₹47.7b | 19.6x | 18.1x | 1.6x |
| Mon, 06 Mar 2023 | ₹922.6b | ₹526.4b | ₹47.7b | 18.6x | 19.3x | 1.8x |
| Wed, 01 Feb 2023 | ₹902.0b | ₹524.9b | ₹48.0b | 19.2x | 18.8x | 1.7x |
| Fri, 30 Dec 2022 | ₹1.0t | ₹524.4b | ₹70.7b | 19.5x | 14.4x | 1.9x |
| Sun, 27 Nov 2022 | ₹1.1t | ₹524.4b | ₹70.7b | 20.1x | 15.2x | 2.1x |
| Tue, 25 Oct 2022 | ₹1.0t | ₹512.8b | ₹77.7b | 15.7x | 13x | 2x |
| Thu, 22 Sep 2022 | ₹1.0t | ₹509.7b | ₹76.6b | 15.9x | 13.2x | 2x |
| Sat, 20 Aug 2022 | ₹982.4b | ₹509.7b | ₹76.6b | 14.6x | 12.8x | 1.9x |
| Mon, 18 Jul 2022 | ₹1.0t | ₹507.3b | ₹83.8b | 14.4x | 12.2x | 2x |
| Wed, 15 Jun 2022 | ₹918.3b | ₹507.3b | ₹83.8b | 14.5x | 11x | 1.8x |
| Fri, 13 May 2022 | ₹956.9b | ₹507.0b | ₹83.5b | 16.7x | 11.5x | 1.9x |
| Sun, 10 Apr 2022 | ₹739.4b | ₹335.6b | ₹64.3b | 15.6x | 11.5x | 2.2x |
| Tue, 08 Mar 2022 | ₹658.5b | ₹335.6b | ₹64.3b | 13.2x | 10.2x | 2x |
| Thu, 03 Feb 2022 | ₹852.8b | ₹335.5b | ₹64.3b | 18x | 13.3x | 2.5x |
| Sat, 01 Jan 2022 | ₹815.0b | ₹307.3b | ₹58.4b | 20.2x | 14x | 2.7x |
| Mon, 29 Nov 2021 | ₹882.9b | ₹307.3b | ₹58.4b | 20.6x | 15.1x | 2.9x |
| Wed, 27 Oct 2021 | ₹897.5b | ₹255.4b | ₹49.7b | 28x | 18x | 3.5x |
| Fri, 24 Sep 2021 | ₹887.3b | ₹254.8b | ₹49.4b | 28.2x | 17.9x | 3.5x |
| Sun, 22 Aug 2021 | ₹706.1b | ₹254.9b | ₹49.4b | 24.4x | 14.3x | 2.8x |
| Fri, 09 Jul 2021 | ₹775.2b | ₹254.9b | ₹49.4b | 28.4x | 15.7x | 3x |
Price to Earnings Ratio
18.1x
Current Industry PE
- Investors are optimistic on the Indian Telecom industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 22.0x which is higher than its 3-year average PE of 17.5x.
- The 3-year average PS ratio of 2.3x is lower than the industry's current PS ratio of 2.9x.
Past Earnings Growth
- The earnings for companies in the Telecom industry have grown 22% per year over the last three years.
- Revenues for these companies have grown 42% 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 Indian Telecom industry?
| IN Market | -1.98% | |
| Telecom | -3.11% | |
| Telecom Services and Carriers | -3.72% | |
| Integrated Telecom Services | -3.32% | |
| Alternative Carriers | -8.64% | |
Industry PE
- Investors are most optimistic about the Alternative Carriers industry which is trading above its 3-year average PE ratio of 26.9x.
- Analysts are expecting annual earnings growth of 20.3%, which is higher than its past year's earnings decline of 28.7% 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 of 17.2x.
Forecasted Growth
- Analysts are most optimistic on the Alternative Carriers industry, expecting annual earnings growth of 20% over the next 5 years.
- This is better than its past earnings decline of 29% per year.
- In contrast, the Integrated Telecom Services industry is expected to see its earnings grow by 17% 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 | |
|---|---|---|---|---|---|
| TATACOMM Tata Communications | ₹1.76k | 1.6% +₹7.7b | 37.6% | PE51.7x | |
| 511116 Quadrant Televentures | ₹1.90 | 11.1% +₹116.3m | 93.9% | PS0.4x | |
| SARTELE SAR Televenture | ₹212.30 | 2.9% +₹90.8m | n/a | PE40.8x | |
| VIVO Vivo Collaboration Solutions | ₹90.45 | 14.9% +₹23.7m | -34.8% | PE52.1x | |
| 532354 Virgo Global | ₹11.46 | 4.4% +₹5.0m | -4.0% | PS0.2x |
