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Kenyan (NSE) Telecom Sector Analysis

UpdatedJan 03, 2026
DataAggregated Company Financials
Companies3
  • 7D2.0%
  • 3M-1.4%
  • 1Y63.9%
  • YTD0%

In the last week, the Telecom industry is up 1.4%, with Safaricom up 2.0%. This takes the industry's 12 month performance to a gain of 64%. As for the next few years, earnings are expected to grow by 18% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 03 Jan 2026KSh1.1tKSh393.6bKSh69.3b16.4x16.5x2.9x
Mon, 01 Dec 2025KSh1.2tKSh393.6bKSh69.3b16.5x16.7x2.9x
Wed, 29 Oct 2025KSh1.2tKSh393.6bKSh69.3b16.9x17.1x3x
Fri, 26 Sep 2025KSh1.2tKSh393.6bKSh69.3b16.9x17.1x3x
Sun, 24 Aug 2025KSh1.1tKSh393.9bKSh69.0b16.2x16.4x2.9x
Tue, 22 Jul 2025KSh1.1tKSh393.9bKSh69.0b15.2x15.3x2.7x
Thu, 19 Jun 2025KSh944.7bKSh393.1bKSh69.0b13.5x13.7x2.4x
Sat, 17 May 2025KSh802.6bKSh397.2bKSh69.6b41.8x11.5x2x
Mon, 14 Apr 2025KSh710.9bKSh384.0bKSh56.5b48.7x12.6x1.9x
Wed, 12 Mar 2025KSh725.1bKSh384.0bKSh56.5b52.2x12.8x1.9x
Fri, 07 Feb 2025KSh731.3bKSh384.0bKSh56.5b61.4x12.9x1.9x
Sun, 05 Jan 2025KSh698.7bKSh384.0bKSh56.5b38.9x12.4x1.8x
Tue, 03 Dec 2024KSh618.1bKSh384.0bKSh56.5b36.4x10.9x1.6x
Thu, 31 Oct 2024KSh698.8bKSh359.3bKSh62.6b41.7x11.2x1.9x
Sat, 28 Sep 2024KSh606.8bKSh359.3bKSh62.6b37.2x9.7x1.7x
Mon, 26 Aug 2024KSh605.2bKSh360.8bKSh62.4b8.2x9.7x1.7x
Wed, 24 Jul 2024KSh652.1bKSh363.1bKSh61.2b8.7x10.7x1.8x
Fri, 21 Jun 2024KSh754.5bKSh363.3bKSh61.7b9.4x12.2x2.1x
Sun, 19 May 2024KSh703.4bKSh356.7bKSh61.6b11.1x11.4x2x
Tue, 16 Apr 2024KSh689.2bKSh330.0bKSh61.8b39.5x11.2x2.1x
Thu, 14 Mar 2024KSh590.9bKSh330.2bKSh62.1b10.8x9.5x1.8x
Sat, 10 Feb 2024KSh529.0bKSh330.4bKSh62.6b10.2x8.5x1.6x
Mon, 08 Jan 2024KSh550.9bKSh330.7bKSh62.6b10.5x8.8x1.7x
Wed, 06 Dec 2023KSh599.0bKSh338.2bKSh62.4b10.7x9.6x1.8x
Fri, 03 Nov 2023KSh490.9bKSh327.0bKSh61.8b9.9x7.9x1.5x
Sun, 01 Oct 2023KSh591.1bKSh327.0bKSh61.8b10.7x9.6x1.8x
Tue, 29 Aug 2023KSh625.6bKSh327.1bKSh61.6b11x10.2x1.9x
Thu, 27 Jul 2023KSh653.4bKSh327.1bKSh61.6b11.2x10.6x2x
Sat, 24 Jun 2023KSh707.4bKSh329.7bKSh61.6b11.5x11.5x2.1x
Mon, 22 May 2023KSh606.5bKSh330.1bKSh61.8b7.8x9.8x1.8x
Wed, 19 Apr 2023KSh680.6bKSh324.4bKSh66.0b8.1x10.3x2.1x
Fri, 17 Mar 2023KSh686.7bKSh324.4bKSh66.0b7.9x10.4x2.1x
Sun, 12 Feb 2023KSh963.3bKSh324.9bKSh66.1b14.5x14.6x3x
Tue, 10 Jan 2023KSh941.5bKSh324.9bKSh66.1b14.2x14.2x2.9x
Price to Earnings Ratio

14.2x


Total Market Cap: KSh941.5bTotal Earnings: KSh66.1bTotal Revenue: KSh324.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Kenyan Telecom Sector Price to Earnings3Y Average 11.9x202420252026
Current Industry PE
    There are only 3 companies in the Kenyan 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 remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 6.6% 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 and as a result, profits have held steady.

Industry Trends

Which industries have driven the changes within the Kenyan Telecom sector?

KE Market1.84%
Telecom1.95%
Wireless Telecom1.97%
Media-2.57%
Industry PE
  • Investors are most optimistic about the Wireless Telecom industry which is trading above its 3-year average PE ratio of 11.8x.
    • Analysts are expecting annual earnings growth of 18.2%, which is higher than its past year's earnings growth of 10.8% per year.
Forecasted Growth
  • Analysts are most optimistic on the Wireless Telecom industry, expecting annual earnings growth of 18% over the next 5 years.
  • This is better than its past earnings growth rate of 11% 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
SCOM SafaricomKSh28.502.0%
+KSh22.0b		64.3%PE16.4x
SGL Standard GroupKSh6.5818.8%
+KSh85.0m		31.6%PS0.3x
LKL Longhorn PublishersKSh2.900.7%
+KSh5.4m		26.1%PS1.2x

Latest News

NMG
KSh12.70
Nation Media Group
7D
-1.9%
1Y
-14.5%
SCAN
KSh2.50
WPP Scangroup
7D
-3.8%
1Y
8.2%
SCOM
KSh28.50
Safaricom
7D
2.0%
1Y
64.3%
LKL
KSh2.90
Longhorn Publishers
7D
0.7%
1Y
26.1%
SGL
KSh6.58
Standard Group
7D
18.8%
1Y
31.6%