Revenues Not Telling The Story For Acast AB (publ) (STO:ACAST) After Shares Rise 27%
May 08
Swedish (OMX) Telecom Sector Analysis
UpdatedMay 19, 2024
DataAggregated Company Financials
Companies65
- 7D1.8%
- 3M13.5%
- 1Y-1.9%
- YTD1.5%
Over the last 7 days, the Telecom industry has risen 1.8%, driven by gains from Telia Company of 4.6%. The industry has been flat over the past 12 months despite the gain this week. Looking forward, earnings are forecast to grow by 37% annually.
Sector Valuation and Performance
Has the Swedish Telecom Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 19 May 2024 | kr340.8b | kr231.5b | -kr5,149,272,124.08 | 31.9x | -66.2x | 1.5x |
| Tue, 16 Apr 2024 | kr317.3b | kr212.9b | kr3.7b | 22.2x | 85.1x | 1.5x |
| Thu, 14 Mar 2024 | kr294.3b | kr212.7b | kr3.7b | 24.3x | 78.6x | 1.4x |
| Sat, 10 Feb 2024 | kr293.2b | kr230.2b | kr856.3m | 29.3x | 342.4x | 1.3x |
| Mon, 08 Jan 2024 | kr309.2b | kr234.6b | -kr14,351,697,953.00 | 28.3x | -21.5x | 1.3x |
| Wed, 06 Dec 2023 | kr297.2b | kr234.7b | -kr14,361,903,725.00 | 28x | -20.7x | 1.3x |
| Fri, 03 Nov 2023 | kr277.4b | kr231.7b | -kr10,995,186,037.00 | 26.7x | -25.2x | 1.2x |
| Sun, 01 Oct 2023 | kr281.5b | kr230.5b | -kr10,430,418,485.00 | 24.7x | -27x | 1.2x |
| Tue, 29 Aug 2023 | kr282.7b | kr230.6b | -kr10,367,070,745.00 | 21.2x | -27.3x | 1.2x |
| Thu, 27 Jul 2023 | kr306.9b | kr225.8b | -kr13,228,176,232.00 | 24x | -23.2x | 1.4x |
| Sat, 24 Jun 2023 | kr296.0b | kr223.5b | -kr6,076,384,995.00 | 18.3x | -48.7x | 1.3x |
| Mon, 22 May 2023 | kr354.3b | kr223.1b | -kr12,056,850,721.00 | 22.1x | -29.4x | 1.6x |
| Wed, 19 Apr 2023 | kr370.6b | kr218.8b | -kr9,454,232,309.00 | 21.9x | -39.2x | 1.7x |
| Fri, 17 Mar 2023 | kr364.9b | kr219.0b | -kr9,527,037,071.00 | 18.1x | -38.3x | 1.7x |
| Sun, 12 Feb 2023 | kr350.3b | kr209.5b | -kr11,924,044,907.00 | 22.1x | -29.4x | 1.7x |
| Tue, 10 Jan 2023 | kr348.5b | kr207.9b | kr7.7b | 22.7x | 45.5x | 1.7x |
| Thu, 08 Dec 2022 | kr348.3b | kr207.8b | kr7.7b | 22.5x | 45.4x | 1.7x |
| Sat, 05 Nov 2022 | kr356.0b | kr199.6b | kr6.8b | 23.1x | 52.6x | 1.8x |
| Mon, 03 Oct 2022 | kr387.6b | kr195.9b | kr5.9b | 22x | 65.9x | 2x |
| Wed, 31 Aug 2022 | kr433.9b | kr195.8b | kr5.9b | 22.8x | 73.9x | 2.2x |
| Fri, 29 Jul 2022 | kr450.3b | kr190.3b | kr6.0b | 22.6x | 74.6x | 2.4x |
| Sun, 26 Jun 2022 | kr449.1b | kr187.7b | kr12.7b | 22.1x | 35.4x | 2.4x |
| Tue, 24 May 2022 | kr481.2b | kr186.7b | kr12.8b | 24.1x | 37.7x | 2.6x |
| Thu, 21 Apr 2022 | kr482.6b | kr175.0b | kr12.8b | 27x | 37.7x | 2.8x |
| Sat, 19 Mar 2022 | kr471.3b | kr181.5b | kr12.7b | 38.7x | 37x | 2.6x |
| Mon, 14 Feb 2022 | kr504.9b | kr176.6b | kr13.7b | 29.2x | 36.8x | 2.9x |
| Wed, 12 Jan 2022 | kr496.7b | kr174.3b | -kr7,928,223,750.00 | 48.3x | -62.7x | 2.9x |
| Fri, 10 Dec 2021 | kr495.0b | kr174.2b | -kr7,916,489,026.00 | 48.1x | -62.5x | 2.8x |
| Sun, 07 Nov 2021 | kr477.1b | kr171.5b | -kr6,179,288,534.00 | 34.6x | -77.2x | 2.8x |
| Tue, 05 Oct 2021 | kr483.6b | kr170.4b | -kr4,611,957,482.00 | 31.7x | -104.8x | 2.8x |
| Thu, 02 Sep 2021 | kr535.7b | kr170.4b | -kr4,608,308,576.94 | 36.7x | -116.2x | 3.1x |
| Sat, 31 Jul 2021 | kr541.6b | kr170.4b | -kr4,608,308,576.94 | 39.1x | -117.5x | 3.2x |
Price to Earnings Ratio
-48.2x
Current Industry PE
- Investors are pessimistic on the Swedish Communication Services industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 2.0x is higher than the industry's current PS ratio of 1.5x.
Past Earnings Growth
- The earnings for companies in the Communication Services industry have improved over the last three years.
- Revenues for these companies have grown 12% per year.
- This means that more sales are being generated by these companies overall, and subsequently losses are decreasing too.
Industry Trends
Which industries have driven the changes within the Swedish Telecom sector?
| SE Market | 0.39% | |
| Telecom | 1.78% | |
| Telecom Services and Carriers | 4.53% | |
| Media | 4.11% | |
| Interactive Media and Services | 3.26% | |
| Entertainment | 0.74% | |
| Wireless Telecom | -2.87% | |
Industry PE
- Investors are most optimistic about the Interactive Media and Services industry which is trading above its 3-year average PE ratio of 96.7x.
- Analysts are expecting annual earnings growth of 36.9%, which is higher than its past year's earnings decline of 51.1% per year.
Forecasted Growth
- Analysts are most optimistic on the Media industry, expecting annual earnings growth of 108% over the next 5 years.
- This is better than its past earnings decline of 30% per year.
- In contrast, the Wireless Telecom industry is expected to see its earnings grow by 2.6% 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 | kr27.02 | 4.6% +kr4.7b | 2.2% | PS1.2x | |
| BETCO Better Collective | kr303.00 | 6.1% +kr1.1b | 35.6% | PE41.1x | |
| HEM Hemnet Group | kr303.40 | 1.9% +kr651.6m | 79.7% | PE81.1x | |
| SF Stillfront Group | kr13.56 | 10.4% +kr591.5m | -36.9% | PS0.9x | |
| STORY B Storytel | kr59.90 | 13.8% +kr559.0m | 66.6% | PS1.3x |
