Egyptian (OMX) Telecom Sector Analysis
UpdatedMay 01, 2024
DataAggregated Company Financials
Companies4
- 7D-7.2%
- 3M-12.7%
- 1Y33.5%
- YTD-17.2%
In the last week, the Telecom industry is up 3.6%, with Telecom Egypt up 4.5%. In the last 12 months, the industry was up 46%. Earnings are forecast to grow by 18% annually.
Sector Valuation and Performance
Has the Egyptian Telecom Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 02 May 2024 | ج.م57.3b | ج.م57.9b | ج.م10.5b | 5.7x | 5.4x | 1x |
| Sat, 30 Mar 2024 | ج.م69.9b | ج.م57.9b | ج.م10.5b | 6.7x | 6.6x | 1.2x |
| Mon, 26 Feb 2024 | ج.م77.8b | ج.م55.1b | ج.م1.8b | 9.2x | 42.3x | 1.4x |
| Wed, 24 Jan 2024 | ج.م71.3b | ج.م55.1b | ج.م1.8b | 8.6x | 38.8x | 1.3x |
| Fri, 22 Dec 2023 | ج.م70.7b | ج.م55.1b | ج.م1.8b | 8.7x | 38.8x | 1.3x |
| Sun, 19 Nov 2023 | ج.م67.3b | ج.م55.1b | ج.م1.6b | 13.8x | 41.1x | 1.2x |
| Tue, 17 Oct 2023 | ج.م54.3b | ج.م52.9b | ج.م1.6b | 10x | 33.8x | 1x |
| Thu, 14 Sep 2023 | ج.م52.3b | ج.م52.9b | ج.م1.6b | 9.2x | 32.6x | 1x |
| Sat, 12 Aug 2023 | ج.م48.7b | ج.م49.7b | ج.م11.0b | 5.6x | 4.4x | 1x |
| Mon, 10 Jul 2023 | ج.م44.8b | ج.م49.7b | ج.م11.0b | 5.4x | 4.1x | 0.9x |
| Wed, 07 Jun 2023 | ج.م47.2b | ج.م49.7b | ج.م10.9b | 5.1x | 4.3x | 1x |
| Fri, 05 May 2023 | ج.م43.1b | ج.م45.1b | ج.م8.4b | 5.3x | 5.1x | 1x |
| Sun, 02 Apr 2023 | ج.م45.3b | ج.م45.3b | ج.م9.7b | 4.9x | 4.7x | 1x |
| Tue, 28 Feb 2023 | ج.م48.5b | ج.م44.0b | ج.م8.0b | 5.7x | 6.1x | 1.1x |
| Thu, 26 Jan 2023 | ج.م46.0b | ج.م44.0b | ج.م8.0b | 5.4x | 5.8x | 1x |
| Sat, 24 Dec 2022 | ج.م47.5b | ج.م44.0b | ج.م7.7b | 6.9x | 6.1x | 1.1x |
| Mon, 21 Nov 2022 | ج.م39.2b | ج.م43.9b | ج.م7.7b | 7.2x | 5.1x | 0.9x |
| Wed, 19 Oct 2022 | ج.م33.0b | ج.م41.0b | ج.م7.5b | 6.6x | 4.4x | 0.8x |
| Fri, 16 Sep 2022 | ج.م31.1b | ج.م41.0b | ج.م7.5b | 7x | 4.1x | 0.8x |
| Sun, 14 Aug 2022 | ج.م26.7b | ج.م39.0b | ج.م6.8b | 6x | 3.9x | 0.7x |
| Tue, 12 Jul 2022 | ج.م24.4b | ج.م39.0b | ج.م6.8b | 5.3x | 3.6x | 0.6x |
| Thu, 09 Jun 2022 | ج.م28.0b | ج.م39.0b | ج.م6.7b | 6.6x | 4.2x | 0.7x |
| Sat, 07 May 2022 | ج.م30.1b | ج.م38.0b | ج.م7.4b | 5.3x | 4.1x | 0.8x |
| Mon, 04 Apr 2022 | ج.م32.3b | ج.م38.6b | ج.م7.5b | 5.8x | 4.3x | 0.8x |
| Wed, 02 Mar 2022 | ج.م33.6b | ج.م37.4b | ج.م6.6b | 6x | 5.1x | 0.9x |
| Fri, 28 Jan 2022 | ج.م30.1b | ج.م37.4b | ج.م6.6b | 6.3x | 4.5x | 0.8x |
| Sun, 26 Dec 2021 | ج.م31.4b | ج.م37.4b | ج.م6.6b | 6.3x | 4.7x | 0.8x |
| Tue, 23 Nov 2021 | ج.م26.6b | ج.م37.4b | ج.م6.6b | 6.3x | 4x | 0.7x |
| Thu, 21 Oct 2021 | ج.م25.9b | ج.م35.8b | ج.م5.8b | 4.6x | 4.4x | 0.7x |
| Sat, 18 Sep 2021 | ج.م27.8b | ج.م35.8b | ج.م5.8b | 4.3x | 4.8x | 0.8x |
| Mon, 16 Aug 2021 | ج.م28.1b | ج.م35.7b | ج.م5.8b | 4.4x | 4.8x | 0.8x |
| Mon, 31 May 2021 | ج.م22.2b | ج.م34.6b | ج.م4.8b | 4.5x | 4.6x | 0.6x |
Price to Earnings Ratio
4.4x
Current Industry PE
- Investors are pessimistic on the Egyptian Communication Services industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 6.7x which is lower than its 3-year average PE of 10.7x.
- The 3-year average PS ratio of 0.91x is lower than the industry's current PS ratio of 1.2x.
Past Earnings Growth
- The earnings for companies in the Communication Services industry have grown 30% per year over the last three years.
- Revenues for these companies have grown 19% 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 Egyptian Telecom sector?
| EG Market | -7.94% | |
| Telecom | -7.16% | |
| Interactive Media and Services | 0% | |
| Media | 0% | |
| Telecom Services and Carriers | -6.37% | |
| Entertainment | -17.21% | |
| Wireless Telecom | -18.69% | |
Industry PE
- Investors are most optimistic about the Entertainment industry even though it's trading below its 3-year average PE ratio of 10.3x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Wireless Telecom industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted Growth
- Analysts are most optimistic on the Telecom Services and Carriers industry, expecting annual earnings growth of 18% over the next 5 years.
- This is roughly in line with its past earnings growth rate.
- In contrast, the Telecom Services and Carriers industry is expected to see its earnings grow by 18% 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 | |
|---|---|---|---|---|---|
| ETEL Telecom Egypt | ج.م33.00 | 3.1% +ج.م1.7b | 41.5% | PE5.8x |