Telecom Business Services Quarterly: Spring 2024 Report
FOCUS believes that the Telecom Business Services sector is ...
FOCUS Telecom Technology Quarterly: Spring 2024 Report
The FOCUS Telecom Technology Index (TTI) jumped up 9.7% in the most recent three months. This outperformed both the 7.8% gain in the S&P 500 and the 8.5% gain in the NASDAQ. However, the situation is reversed for the 12-month period as the 11.9% gain in the TTI lagged the 14.0% gain in the S&P 500 and the 18.8% gain in the NASDAQ. Sector multiples trended higher compared to this time last year, but only by a relatively small margin. The TTI’s revenue multiple increased from 2.4x a year ago to 2.5x currently, while the EBITDA multiple went from 13.1x to 13.7x over the same time period.
Food & Beverage 4Q 2023 Report
Food & Beverage sector experienced subdued dealmaking activity in ...
Business Services 4Q 2023 M&A Report
4Q 2023 M&A Report: In 2023, the business services ...
FOCUS Telecom Business Services Quarterly: Winter 2024 Report
Public Markets The FOCUS Telecom Business Services Index (TBSI) delivered ...
Business Services 3Q 2023 M&A Report
3Q 2023 M&A Report: Key drivers for business service M&A ...
Food & Beverage 3Q 2023 Report
The robust M&A markets of 2021 and 2022 lost their ...
FOCUS Telecom U.S. Communications Service Provider Quarterly: Fall 2023 Report
The FOCUS Communications Service Provider Index (CSPI) was in the red for the second straight reporting period as it dropped 0.9% in the past three months. On the bright side, the sector still managed to outperform both of the broader indices as the S&P 500 dropped 3.7% and the NASDAQ dropped 4.1% over this same time period. The CSPI is still up double digits compared to this time last year with a gain of 11.5%. While strong, this increase actually compares unfavorably to the broader indices, each of which boasted increases in the neighborhood of 20%. Sector multiples ended the period at 2.4x revenue and 6.3x EBITDA. Both of these represent increases from year-ago multiples of 2.2x revenue and 5.7x EBITDA.
FOCUS Telecom Business Services Quarterly: Fall 2023 Report
Public Markets The FOCUS Telecom Business Services Index (TBSI) returned ...
FOCUS Telecom Technology Quarterly: Fall 2023 Report
The FOCUS Telecom Technology Index (TTI) jumped up 9.7% in the most recent three months. This outperformed both the 7.8% gain in the S&P 500 and the 8.5% gain in the NASDAQ. However, the situation is reversed for the 12-month period as the 11.9% gain in the TTI lagged the 14.0% gain in the S&P 500 and the 18.8% gain in the NASDAQ. Sector multiples trended higher compared to this time last year, but only by a relatively small margin. The TTI’s revenue multiple increased from 2.4x a year ago to 2.5x currently, while the EBITDA multiple went from 13.1x to 13.7x over the same time period.
