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Ghanaian (GSE) Telecom Sector Analysis

UpdatedSep 03, 2025
DataAggregated Company Financials
Companies2
  • 7D-0.8%
  • 3M37.5%
  • 1Y75.8%
  • YTD54.0%

Over the last 7 days, the Telecom industry has remained flat. As for the the longer term, the industry is up 76% over the past 12 months. Looking forward, earnings are forecast to grow by 16% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 03 Sep 2025GH₵51.2bGH₵21.2bGH₵6.3b8.1x8.1x2.4x
Fri, 01 Aug 2025GH₵44.4bGH₵19.5bGH₵5.6b8.4x7.9x2.3x
Sun, 29 Jun 2025GH₵38.8bGH₵19.5bGH₵5.6b6.9x6.9x2x
Tue, 27 May 2025GH₵42.1bGH₵19.5bGH₵5.6b7.5x7.5x2.2x
Thu, 24 Apr 2025GH₵39.7bGH₵18.0bGH₵5.0b7.9x7.9x2.2x
Sat, 22 Mar 2025GH₵42.0bGH₵18.0bGH₵5.0b8.3x8.3x2.3x
Mon, 17 Feb 2025GH₵37.1bGH₵16.4bGH₵5.0b7.5x7.5x2.3x
Wed, 15 Jan 2025GH₵33.8bGH₵16.4bGH₵5.0b6.9x6.8x2.1x
Fri, 13 Dec 2024GH₵31.4bGH₵16.4bGH₵5.0b6.3x6.3x1.9x
Sun, 10 Nov 2024GH₵31.1bGH₵16.4bGH₵5.0b6.3x6.3x1.9x
Tue, 08 Oct 2024GH₵28.7bGH₵15.3bGH₵4.6b6.2x6.2x1.9x
Thu, 05 Sep 2024GH₵29.0bGH₵15.3bGH₵4.6b6.3x6.3x1.9x
Sat, 03 Aug 2024GH₵32.2bGH₵15.3bGH₵4.6b6.9x7x2.1x
Mon, 01 Jul 2024GH₵24.0bGH₵14.3bGH₵4.3b5.5x5.5x1.7x
Wed, 29 May 2024GH₵23.8bGH₵14.3bGH₵4.3b5.5x5.5x1.7x
Fri, 26 Apr 2024GH₵21.2bGH₵13.4bGH₵4.0b5.3x5.3x1.6x
Sun, 24 Mar 2024GH₵21.9bGH₵13.4bGH₵4.0b5.5x5.5x1.6x
Tue, 20 Feb 2024GH₵17.2bGH₵12.5bGH₵3.5b4.9x4.9x1.4x
Thu, 18 Jan 2024GH₵17.2bGH₵12.5bGH₵3.5b4.9x4.9x1.4x
Sat, 16 Dec 2023GH₵17.2bGH₵12.5bGH₵3.5b4.7x4.9x1.4x
Mon, 13 Nov 2023GH₵17.2bGH₵10.5bGH₵2.9b5.9x5.9x1.6x
Wed, 11 Oct 2023GH₵17.2bGH₵10.5bGH₵2.9b5.9x6x1.6x
Fri, 08 Sep 2023GH₵17.8bGH₵10.5bGH₵2.9b6.2x6.2x1.7x
Sun, 06 Aug 2023GH₵19.1bGH₵10.5bGH₵2.9b6.6x6.6x1.8x
Tue, 04 Jul 2023GH₵16.2bGH₵10.5bGH₵2.9b5.6x5.6x1.6x
Thu, 01 Jun 2023GH₵13.4bGH₵10.5bGH₵2.9b4.6x4.6x1.3x
Sat, 29 Apr 2023GH₵15.5bGH₵9.9bGH₵2.9b5.4x5.4x1.6x
Mon, 27 Mar 2023GH₵16.0bGH₵9.9bGH₵2.9b5.6x5.6x1.6x
Wed, 22 Feb 2023GH₵11.1bGH₵9.3bGH₵2.7b4.1x4.1x1.2x
Fri, 20 Jan 2023GH₵10.8bGH₵9.3bGH₵2.7b4x4x1.2x
Sun, 18 Dec 2022GH₵10.8bGH₵9.3bGH₵2.7b4x4x1.2x
Tue, 15 Nov 2022GH₵10.7bGH₵8.8bGH₵2.5b4.3x4.3x1.2x
Thu, 13 Oct 2022GH₵10.8bGH₵8.8bGH₵2.5b4.4x4.4x1.2x
Sat, 10 Sep 2022GH₵11.2bGH₵8.8bGH₵2.5b4.5x4.5x1.3x
Price to Earnings Ratio

4.5x


Total Market Cap: GH₵11.2bTotal Earnings: GH₵2.5bTotal Revenue: GH₵8.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Ghanaian Telecom Sector Price to Earnings3Y Average 5.8x202320242025
Current Industry PE
    There are only 2 companies 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 37% per year over the last three years.
  • Revenues for these companies have grown 34% 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-0.41%
Telecom-0.77%
Media0%0
Wireless Telecom-0.77%
Industry PE
  • Investors are most optimistic about the Wireless Telecom industry which is trading above its 3-year average PE ratio of 5.8x.
    • Analysts are expecting annual earnings growth of 15.6%, which is lower than the prior year's growth of 37.5% per year.
Forecasted Growth
  • Analysts are most optimistic on the Wireless Telecom industry, expecting annual earnings growth of 16% over the next 5 years.
  • However this is lower than its past earnings growth rate of 38% per year.
  • In contrast, the Wireless Telecom industry is expected to see its earnings grow by 16% 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
GH₵3.85
Scancom
7D
-0.8%
1Y
75.8%