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Ghanaian (GSE) Telecom Sector Analysis

UpdatedJul 01, 2025
DataAggregated Company Financials
Companies1
  • 7D-0.7%
  • 3M-8.2%
  • 1Y61.9%
  • YTD17.2%

In the last week, Telecom has been flat. As for the the longer term, the industry is up 62% over the past 12 months. As for the next few years, earnings are expected to grow by 18% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
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
Sun, 22 Jan 2023GH₵10.8bGH₵9.3bGH₵2.7b4x4x1.2x
Tue, 20 Dec 2022GH₵10.8bGH₵9.3bGH₵2.7b4x4x1.2x
Thu, 17 Nov 2022GH₵10.7bGH₵8.8bGH₵2.5b4.4x4.3x1.2x
Sat, 15 Oct 2022GH₵10.8bGH₵8.8bGH₵2.5b4.4x4.4x1.2x
Mon, 12 Sep 2022GH₵11.2bGH₵8.8bGH₵2.5b4.5x4.5x1.3x
Wed, 10 Aug 2022GH₵9.8bGH₵8.3bGH₵2.2b4.4x4.4x1.2x
Fri, 08 Jul 2022GH₵11.1bGH₵8.3bGH₵2.2b4.9x4.9x1.3x
Price to Earnings Ratio

4.9x


Total Market Cap: GH₵11.1bTotal Earnings: GH₵2.2bTotal Revenue: GH₵8.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Ghanaian Telecom Sector Price to Earnings3Y Average 5.7x202320242025
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 33% 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 Market-0.033%
Telecom-0.68%
Media0%0
Wireless Telecom-0.68%
Industry PE
  • Investors are most optimistic about the Wireless Telecom industry which is trading above its 3-year average PE ratio of 5.7x.
    • Analysts are expecting annual earnings growth of 17.5%, which is lower than the prior year's growth of 29.3% 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 5.7x.
Forecasted Growth
  • Analysts are most optimistic on the Wireless Telecom industry, expecting annual earnings growth of 18% over the next 5 years.
  • However this is lower than its past earnings growth rate of 29% per year.
  • In contrast, the Wireless Telecom 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?

CompanyLast Price7D1YValuation
No data available

Latest News

MTNGH
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