Kenyan (NSE) Telecom Sector Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies6
- 7D-5.4%
- 3M-4.6%
- 1Y-9.9%
- YTD12.9%
Over the last 7 days, the Telecom industry has dropped 5.4%, driven by Safaricom declining 5.5%. On the other hand Nation Media Group is actually up 5.9%. The industry has fallen 9.9% in the last year. Earnings are forecast to grow by 7.5% annually.
Sector Valuation and Performance
Has the Kenyan Telecom Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | KSh628.3b | KSh363.1b | KSh61.2b | 8.5x | 10.3x | 1.7x |
| Sun, 23 Jun 2024 | KSh732.2b | KSh363.3b | KSh61.7b | 9.2x | 11.9x | 2x |
| Tue, 21 May 2024 | KSh725.1b | KSh356.7b | KSh61.6b | 11.4x | 11.8x | 2x |
| Thu, 18 Apr 2024 | KSh677.1b | KSh330.0b | KSh61.8b | 39.5x | 11x | 2.1x |
| Sat, 16 Mar 2024 | KSh615.0b | KSh330.2b | KSh62.1b | 11.1x | 9.9x | 1.9x |
| Mon, 12 Feb 2024 | KSh529.0b | KSh330.4b | KSh62.6b | 10.2x | 8.5x | 1.6x |
| Wed, 10 Jan 2024 | KSh553.0b | KSh330.7b | KSh62.6b | 10.6x | 8.8x | 1.7x |
| Fri, 08 Dec 2023 | KSh588.9b | KSh338.2b | KSh62.4b | 10.7x | 9.4x | 1.7x |
| Sun, 05 Nov 2023 | KSh472.8b | KSh327.0b | KSh61.8b | 9.8x | 7.7x | 1.4x |
| Tue, 03 Oct 2023 | KSh593.1b | KSh327.0b | KSh61.8b | 10.8x | 9.6x | 1.8x |
| Thu, 31 Aug 2023 | KSh627.5b | KSh327.1b | KSh61.6b | 11.1x | 10.2x | 1.9x |
| Sat, 29 Jul 2023 | KSh671.4b | KSh327.1b | KSh61.6b | 11.4x | 10.9x | 2.1x |
| Mon, 26 Jun 2023 | KSh707.4b | KSh329.7b | KSh61.6b | 11.5x | 11.5x | 2.1x |
| Wed, 24 May 2023 | KSh618.5b | KSh330.1b | KSh61.8b | 7.9x | 10x | 1.9x |
| Fri, 21 Apr 2023 | KSh666.4b | KSh324.4b | KSh66.0b | 7.9x | 10.1x | 2.1x |
| Sun, 19 Mar 2023 | KSh660.5b | KSh324.4b | KSh66.0b | 7.8x | 10x | 2x |
| Tue, 14 Feb 2023 | KSh957.4b | KSh324.9b | KSh66.1b | 14.4x | 14.5x | 2.9x |
| Thu, 12 Jan 2023 | KSh913.4b | KSh324.9b | KSh66.1b | 13.8x | 13.8x | 2.8x |
| Sat, 10 Dec 2022 | KSh979.6b | KSh323.2b | KSh65.0b | 14.8x | 15.1x | 3x |
| Mon, 07 Nov 2022 | KSh999.9b | KSh316.1b | KSh68.7b | 14.3x | 14.5x | 3.2x |
| Wed, 05 Oct 2022 | KSh986.2b | KSh316.1b | KSh68.7b | 14.1x | 14.3x | 3.1x |
| Fri, 02 Sep 2022 | KSh1.1t | KSh316.4b | KSh69.0b | 16x | 16.3x | 3.5x |
| Sun, 31 Jul 2022 | KSh1.2t | KSh316.4b | KSh69.0b | 17.2x | 17.5x | 3.8x |
| Tue, 28 Jun 2022 | KSh933.8b | KSh316.4b | KSh69.0b | 13.3x | 13.5x | 3x |
| Thu, 26 May 2022 | KSh1.1t | KSh316.0b | KSh69.1b | 15.3x | 15.4x | 3.4x |
| Sat, 23 Apr 2022 | KSh1.4t | KSh303.8b | KSh72.1b | 18.9x | 19.1x | 4.5x |
| Mon, 21 Mar 2022 | KSh1.4t | KSh303.8b | KSh72.1b | 19x | 19.3x | 4.6x |
| Wed, 16 Feb 2022 | KSh1.5t | KSh303.8b | KSh72.1b | 20.6x | 20.9x | 5x |
| Fri, 14 Jan 2022 | KSh1.5t | KSh303.8b | KSh72.1b | 20.9x | 21.2x | 5x |
| Sun, 12 Dec 2021 | KSh1.5t | KSh303.6b | KSh71.9b | 13.2x | 21.2x | 5x |
| Tue, 09 Nov 2021 | KSh1.6t | KSh281.8b | KSh67.9b | 14.6x | 23.8x | 5.7x |
| Thu, 07 Oct 2021 | KSh1.7t | KSh281.8b | KSh67.9b | 15.8x | 25.5x | 6.1x |
| Sat, 04 Sep 2021 | KSh1.7t | KSh281.8b | KSh67.4b | 15.9x | 25.2x | 6x |
| Mon, 02 Aug 2021 | KSh1.7t | KSh281.8b | KSh67.4b | 15.7x | 24.8x | 5.9x |
Price to Earnings Ratio
24.8x
Current Industry PE
- Investors are pessimistic on the Kenyan 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 10.3x which is lower than its 3-year average PE of 14.8x.
- The 3-year average PS ratio of 3.2x is higher than the industry's current PS ratio of 1.7x.
Past Earnings Growth
- The earnings for companies in the Communication Services industry have declined 3.2% per year over the last three years.
- Meanwhile revenues for these companies have grown 8.8% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Kenyan Telecom sector?
| KE Market | -3.03% | |
| Telecom | -5.40% | |
| Media | 3.47% | |
| Entertainment | 0% | |
| Interactive Media and Services | 0% | |
| Telecom Services and Carriers | 0% | |
| Wireless Telecom | -5.47% | |
Industry PE
- Investors are most optimistic about the Wireless Telecom industry even though it's trading below its 3-year average PE ratio of 14.6x.
- Analysts are expecting annual earnings growth of 7.5%, which is higher than its past year's earnings growth of 1.2% per year.
Forecasted Growth
- Analysts are most optimistic on the Wireless Telecom industry, expecting annual earnings growth of 7.5% over the next 5 years.
- This is better than its past earnings growth rate of 1.2% per year.
- In contrast, the Wireless Telecom industry is expected to see its earnings grow by 7.5% 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 | |
|---|---|---|---|---|---|
| SCAN WPP Scangroup | KSh2.23 | 4.2% +KSh38.9m | -24.7% | PE7.2x | |
| LKL Longhorn Publishers | KSh2.49 | 5.5% +KSh35.4m | 18.0% | PS0.6x | |
| NMG Nation Media Group | KSh17.10 | 1.2% +KSh35.2m | -14.5% | PS0.4x |