Narrative Update • Jun 18

Last week, the Wireless Telecom Services industry hasn't moved much but Airtel Africa is up 6.2% in that time. As for the the longer term, the industry is up 64% over the past 12 months. Looking forward, earnings are forecast to grow by 37% annually.
Has the U.K. Wireless Telecom Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 19 Jun 2026 | UK£38.1b | UK£40.0b | UK£263.4m | 25.4x | 144.6x | 1x |
| Sun, 17 May 2026 | UK£37.5b | UK£40.1b | UK£257.6m | 23.5x | 145.5x | 0.9x |
| Tue, 14 Apr 2026 | UK£40.7b | UK£38.2b | -UK£3,405,122,566.19 | 34.9x | -12x | 1.1x |
| Thu, 12 Mar 2026 | UK£37.2b | UK£37.9b | -UK£3,366,819,227.24 | 30.8x | -11x | 1x |
| Sat, 07 Feb 2026 | UK£37.8b | UK£38.1b | -UK£3,397,634,537.43 | 30.3x | -11.1x | 1x |
| Mon, 05 Jan 2026 | UK£36.5b | UK£37.9b | -UK£3,435,700,085.04 | 36.1x | -10.6x | 1x |
| Wed, 03 Dec 2025 | UK£34.0b | UK£38.4b | -UK£3,468,685,561.39 | 31.1x | -9.8x | 0.9x |
| Fri, 31 Oct 2025 | UK£31.9b | UK£37.2b | -UK£3,274,557,904.73 | 26.8x | -9.7x | 0.9x |
| Sun, 28 Sep 2025 | UK£29.0b | UK£36.6b | -UK£3,366,773,940.12 | 33.3x | -8.6x | 0.8x |
| Tue, 26 Aug 2025 | UK£29.4b | UK£36.3b | -UK£3,344,241,178.06 | 31.8x | -8.8x | 0.8x |
| Thu, 24 Jul 2025 | UK£26.9b | UK£36.1b | -UK£3,432,642,790.58 | 41.3x | -7.8x | 0.7x |
| Sat, 21 Jun 2025 | UK£25.1b | UK£35.8b | -UK£3,389,023,691.09 | 38.1x | -7.4x | 0.7x |
| Mon, 19 May 2025 | UK£24.2b | UK£34.8b | UK£2.1b | 24x | 11.3x | 0.7x |
| Wed, 16 Apr 2025 | UK£23.3b | UK£35.2b | UK£2.1b | 70.2x | 11.3x | 0.7x |
| Fri, 14 Mar 2025 | UK£23.9b | UK£34.7b | UK£2.0b | 64x | 11.8x | 0.7x |
| Sun, 09 Feb 2025 | UK£22.8b | UK£34.7b | UK£2.0b | 59.3x | 11.3x | 0.7x |
| Tue, 07 Jan 2025 | UK£21.9b | UK£34.5b | UK£1.9b | 8.9x | 11.5x | 0.6x |
| Thu, 05 Dec 2024 | UK£22.0b | UK£34.4b | UK£1.9b | 9.2x | 11.6x | 0.6x |
| Sat, 02 Nov 2024 | UK£22.7b | UK£34.5b | UK£949.5m | 18.7x | 23.9x | 0.7x |
| Mon, 30 Sep 2024 | UK£24.1b | UK£34.2b | UK£1.0b | 250.5x | 23.7x | 0.7x |
| Wed, 28 Aug 2024 | UK£24.0b | UK£34.6b | UK£1.0b | 246.7x | 23.4x | 0.7x |
| Fri, 26 Jul 2024 | UK£23.2b | UK£34.9b | UK£888.6m | 18.9x | 26.1x | 0.7x |
| Sun, 23 Jun 2024 | UK£23.6b | UK£35.0b | UK£888.3m | 18.8x | 26.6x | 0.7x |
| Tue, 21 May 2024 | UK£25.4b | UK£35.3b | UK£900.0m | 20.3x | 28.3x | 0.7x |
| Thu, 18 Apr 2024 | UK£21.9b | UK£42.5b | UK£9.1b | 19.2x | 2.4x | 0.5x |
| Sat, 16 Mar 2024 | UK£22.5b | UK£42.3b | UK£9.1b | 17.9x | 2.5x | 0.5x |
| Mon, 12 Feb 2024 | UK£20.9b | UK£42.3b | UK£9.1b | 19x | 2.3x | 0.5x |
| Wed, 10 Jan 2024 | UK£23.8b | UK£42.6b | UK£9.3b | 11x | 2.6x | 0.6x |
| Fri, 08 Dec 2023 | UK£23.2b | UK£42.6b | UK£9.3b | 9.6x | 2.5x | 0.5x |
| Sun, 05 Nov 2023 | UK£25.8b | UK£43.9b | UK£10.5b | 9.9x | 2.5x | 0.6x |
| Tue, 03 Oct 2023 | UK£25.5b | UK£44.0b | UK£10.5b | 9.6x | 2.4x | 0.6x |
| Thu, 31 Aug 2023 | UK£24.1b | UK£43.5b | UK£10.4b | 9.3x | 2.3x | 0.6x |
| Sat, 29 Jul 2023 | UK£24.9b | UK£43.3b | UK£10.7b | 5.3x | 2.3x | 0.6x |
| Mon, 26 Jun 2023 | UK£23.8b | UK£43.3b | UK£10.7b | 5x | 2.2x | 0.6x |
2.2x
How does U.K. Wireless Telecom Services compare with similar industries?
| GB Market | 0.86% | |
| Telecom | -1.30% | |
| Wireless Telecom | -2.79% | |
| Wireless Telecom Services | -2.79% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| AAF Airtel Africa | UK£3.58 | 0.4% +UK£58.4m | 108.6% | PE25.4x |