Industry Reports Archives

FOCUS Carrier-Focused Telecom Technology Quarterly: Winter 2022 Report

FOCUS Carrier-Focused Telecom Technology Quarterly: Winter 2022 Report

December 15, 2022|Downloads, Industry Reports, Telecom Technologies & Services|

The FOCUS Carrier-Focused Telecom Technology Index (CFTTI) gained 4.8% in the past three months. This com-fortably exceeded both the 3.2% gain in the S&P 500 and the 3.0% decline in the NASDAQ. Even with this period’s gain, the CFTTI is still down 11.9% year-over-year. This performance was slightly worse than the 10.7% decline in the S&P 500 over this same time period, but much better than the 26.2% loss in the NASDAQ. Sector multiples are lower than they were a year ago, but not by a wide margin. The CFTTI revenue multiple dipped from 2.5x to 2.3x, while the EBITDA multiple fell from 12.0x to 11.4x.

FOCUS Enterprise-Focused Telecom Technology Quarterly: Fall 2022 Report

FOCUS Enterprise-Focused Telecom Technology Quarterly: Fall 2022 Report

November 18, 2022|Downloads, Industry Reports, Telecom Technologies & Services|

While its decline slowed somewhat this period, the FOCUS Enterprise-Focused Telecom Technology Index (EFTTI) continued its downward slide with a loss of 3.1% in the past three months.

FOCUS Telecom U.S. Communications Service Provider Quarterly: Fall 2022 Report

FOCUS Telecom U.S. Communications Service Provider Quarterly: Fall 2022 Report

October 20, 2022|Downloads, Industry Reports, Telecom Technologies & Services|

Things went from bad to worse for the FOCUS Communications Service Provider Index (CSPI) this period as the sector plummeted 25.6%. This decline was significantly steeper than both the 5.3% decline in the S&P 500 and the 4.1% decline in the NASDAQ over the corresponding time period. The situation is also bleak for the full year period with the sector down slightly more than 45% over the past 12 months. Once again, this drastically underperformed the returns in the S&P 500 (down 16.8%) and the NASDAQ (down 26.8%). Sector multiples continued to fall, ending the period at 2.1x revenue and 6.0x EBITDA. This compares unfavorably to year-ago multiples of 2.9x revenue and 8.2x EBITDA.

FOCUS Telecom Business Services Quarterly: Fall 2022 Report

FOCUS Telecom Business Services Quarterly: Fall 2022 Report

October 14, 2022|Downloads, Industry Reports, Telecom Technologies & Services|

The FOCUS Telecom Business Services Index (TBSI) suffered a negative return for the second straight reporting period with a 4.1% decline. While disappointing, the sector still managed to outperform the 5.3% decline in the S&P 500 and stay even with the 4.1% drop in the NASDAQ. The situation is similar for the full year period. While the sub sector is down 16.1% over the past 12 months, it still outperformed the S&P 500 (down 16.8%) and the NASDAQ (down 26.8%). Sector multiples closed out the period at 0.8x revenue and 9.7x EBITDA. Both of these are lower than year-ago multiples of 1.0x revenue and 10.4x EBITDA.

FOCUS Carrier-Focused Telecom Technology Quarterly: Fall 2022 Report

FOCUS Carrier-Focused Telecom Technology Quarterly: Fall 2022 Report

September 28, 2022|Downloads, Industry Reports, Telecom Technologies & Services|

The FOCUS Carrier-Focused Telecom Technology Index (CFTTI) held steady over the past three months, neither gaining nor losing value.

Precision Ag 2.0: Investments, M&A and New Technologies on the Rise

Precision Ag 2.0: Investments, M&A and New Technologies on the Rise

September 9, 2022|Downloads, Industry Reports, International News, Supply Chain|

Established agriculture and technology companies are bringing innovative products and services to the agriculture arena--this emerging industry is called precision agriculture. This expanded edition of this Special Market Report includes the following: Introduction; Advanced Technologies, Sustainability - Driving Investments and New Sebsections, Public Companies, Private Company Key Players, and Partnerships.

FOCUS Enterprise-Focused Telecom Technology Quarterly: Summer 2022 Report

FOCUS Enterprise-Focused Telecom Technology Quarterly: Summer 2022 Report

August 29, 2022|Downloads, Industry Reports, Telecom Technologies & Services|

Public Markets Continuing its downward slide, the FOCUS Enterprise-Focused Telecom ...

FOCUS Telecom Business Services Quarterly: Summer 2022 Report

FOCUS Telecom Business Services Quarterly: Summer 2022 Report

July 18, 2022|Downloads, Industry Reports, Telecom Technologies & Services|

The FOCUS Communications Service Provider Index (CSPI) dropped 12.8% in the past three months. This is the fourth straight period (a full year) where the sector suffered a negative return. Losses were broad based, with every sub sector in the CSPI in negative territory. The broader indices were also down this period with the S&P 500 and the NASDAQ falling 16.5% and 22.4%, respectively. Not surprisingly given this recent string of losses, the CSPI is deeply in negative territory for the full year period with a decline of slightly more than 31%. This decline is even larger than the substantial declines in the broader indices of 11.9% in the S&P 500 and 24.0% in the NASDAQ. Sector multiples are meaningfully lower than they were a year ago.The sector revenue multiple went from 3.1x to 2.5x, while the sector EBITDA multiple went from 8.7x to 7.1x.

FOCUS Telecom U.S. Communications Service Provider Quarterly: Summer 2022 Report

FOCUS Telecom U.S. Communications Service Provider Quarterly: Summer 2022 Report

July 18, 2022|Downloads, Industry Reports, Telecom Technologies & Services|

The FOCUS Communications Service Provider Index (CSPI) dropped 12.8% in the past three months.This is the fourth straight period (a full year) where the sector suffered a negative return. Losses were broad based, with every sub sector in the CSPI in negative territory. The broader indices were also down this period with the S&P 500 and the NASDAQ falling 16.5% and 22.4%, respectively. Not surprisingly given this recent string of losses, the CSPI is deeply in negative territory for the full year period with a decline of slightly more than 31%. This decline is even larger than the substantial declines in the broader indices of 11.9% in the S&P 500 and 24.0% in the NASDAQ. Sector multiples are meaningfully lower than they were a year ago.The sector revenue multiple went from 3.1x to 2.5x, while the sector EBITDA multiple went from 8.7x to 7.1x. DOWNLOAD TO READ MORE

FOCUS Carrier-Focused Telecom Technology Quarterly: Summer 2022

FOCUS Carrier-Focused Telecom Technology Quarterly: Summer 2022

June 20, 2022|Downloads, Industry Reports, Telecom Technologies & Services|

The FOCUS Carrier-Focused Telecom Technology Index (CFTTI) did not escape from the overall market carnage and dropped 15.8% in our summer reporting period. This decline was steeper than the drop in both the S&P 500 (down 5.5%) and the NASDAQ (down 12.1%). This period’s declines were also enough to push the sector into negative territory for the full year. The CFTTI is now down 15.7% compared to this time last year, which once again compares unfavorably to the 1.7% drop in the S&P 500 and the 12.1% drop in the NASDAQ. Sector multiples continued to decline. The sector revenue multiple dropped from 2.6x a year ago to 2.1x currently, and the sector EBITDA multiple fell from 12.8x to 10.2x over the same time frame.