Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Ghanaian (GSE) Telecom Sector Analysis

UpdatedFeb 16, 2026
DataAggregated Company Financials
Companies1
  • 7D15.2%
  • 3M15.5%
  • 1Y73.2%
  • YTD15.5%

In the last week, the Telecom industry is up 15%, with all of the companies up. This takes the industry's 12 month performance to a gain of 73%. Earnings are forecast to grow by 28% annually.

Sector Valuation and Performance

Has the Ghanaian Telecom Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 17 Feb 2026GH₵64.2bGH₵22.6bGH₵6.8b9.5x9.5x2.8x
Thu, 15 Jan 2026GH₵56.0bGH₵22.6bGH₵6.8b8.3x8.3x2.5x
Sat, 13 Dec 2025GH₵55.6bGH₵22.6bGH₵6.8b8.2x8.2x2.5x
Mon, 10 Nov 2025GH₵53.6bGH₵22.6bGH₵6.8b7.9x7.9x2.4x
Wed, 08 Oct 2025GH₵59.8bGH₵21.2bGH₵6.3b9.5x9.5x2.8x
Fri, 05 Sep 2025GH₵50.8bGH₵21.2bGH₵6.3b8x8x2.4x
Sun, 03 Aug 2025GH₵47.0bGH₵21.2bGH₵6.3b7.4x7.4x2.2x
Tue, 01 Jul 2025GH₵38.8bGH₵19.5bGH₵5.6b6.9x6.9x2x
Thu, 29 May 2025GH₵40.5bGH₵19.5bGH₵5.6b7.1x7.2x2.1x
Sat, 26 Apr 2025GH₵39.7bGH₵18.0bGH₵5.0b7.9x7.9x2.2x
Mon, 24 Mar 2025GH₵42.0bGH₵18.0bGH₵5.0b8.3x8.3x2.3x
Wed, 19 Feb 2025GH₵37.1bGH₵16.4bGH₵5.0b7.5x7.5x2.3x
Fri, 17 Jan 2025GH₵34.4bGH₵16.4bGH₵5.0b7.1x6.9x2.1x
Sun, 15 Dec 2024GH₵31.5bGH₵16.4bGH₵5.0b6.3x6.3x1.9x
Tue, 12 Nov 2024GH₵31.1bGH₵16.4bGH₵5.0b6.2x6.3x1.9x
Thu, 10 Oct 2024GH₵28.6bGH₵15.3bGH₵4.6b6.2x6.2x1.9x
Sat, 07 Sep 2024GH₵29.0bGH₵15.3bGH₵4.6b6.3x6.3x1.9x
Mon, 05 Aug 2024GH₵31.9bGH₵15.3bGH₵4.6b6.9x6.9x2.1x
Wed, 03 Jul 2024GH₵24.0bGH₵14.3bGH₵4.3b5.6x5.5x1.7x
Fri, 31 May 2024GH₵23.8bGH₵14.3bGH₵4.3b5.5x5.5x1.7x
Sun, 28 Apr 2024GH₵21.2bGH₵13.4bGH₵4.0b5.3x5.3x1.6x
Tue, 26 Mar 2024GH₵21.8bGH₵13.4bGH₵4.0b5.5x5.5x1.6x
Thu, 22 Feb 2024GH₵17.2bGH₵12.5bGH₵3.5b4.9x4.9x1.4x
Sat, 20 Jan 2024GH₵17.2bGH₵12.5bGH₵3.5b4.9x4.9x1.4x
Mon, 18 Dec 2023GH₵16.6bGH₵12.5bGH₵3.5b4.7x4.7x1.3x
Wed, 15 Nov 2023GH₵17.2bGH₵10.5bGH₵2.9b5.9x5.9x1.6x
Fri, 13 Oct 2023GH₵17.2bGH₵10.5bGH₵2.9b5.9x6x1.6x
Sun, 10 Sep 2023GH₵17.8bGH₵10.5bGH₵2.9b6.2x6.2x1.7x
Tue, 08 Aug 2023GH₵19.1bGH₵10.5bGH₵2.9b6.5x6.6x1.8x
Thu, 06 Jul 2023GH₵16.2bGH₵10.5bGH₵2.9b5.6x5.6x1.6x
Sat, 03 Jun 2023GH₵13.4bGH₵10.5bGH₵2.9b4.6x4.6x1.3x
Mon, 01 May 2023GH₵15.5bGH₵9.9bGH₵2.9b5.4x5.4x1.6x
Wed, 29 Mar 2023GH₵16.0bGH₵9.9bGH₵2.9b5.6x5.6x1.6x
Fri, 24 Feb 2023GH₵11.1bGH₵9.3bGH₵2.7b4.2x4.1x1.2x
Price to Earnings Ratio

4.1x


Total Market Cap: GH₵11.1bTotal Earnings: GH₵2.7bTotal Revenue: GH₵9.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Ghanaian Telecom Sector Price to Earnings3Y Average 6.5x202420252026
Current Industry PE
    There is only one company in the Ghanaian Communication Services industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
  • The earnings for companies in the Communication Services industry have grown 36% per year over the last three years.
  • Revenues for these companies have grown 35% 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 Ghanaian Telecom sector?

GH Market12.43%
Telecom15.20%
Wireless Telecom15.20%
Media0%0
Industry PE
  • Investors are most optimistic about the Wireless Telecom industry which is trading above its 3-year average PE ratio of 6.5x.
    • Analysts are expecting annual earnings growth of 28.4%, which is lower than the prior year's growth of 36.0% per year.
  • 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 of 6.5x.
Forecasted Growth
  • Analysts are most optimistic on the Wireless Telecom industry, expecting annual earnings growth of 28% over the next 5 years.
  • However this is lower than its past earnings growth rate of 36% per year.
  • In contrast, the Wireless Telecom industry is expected to see its earnings grow by 28% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
MTNGH ScancomGH₵4.9116.4%
+GH₵9.1b		75.4%PE9.6x

Latest News

MTNGH
GH₵4.91
Scancom
7D
16.4%
1Y
75.4%