Header cover image

Kenyan (NSE) Telecom Sector Analysis

UpdatedApr 18, 2024
DataAggregated Company Financials
Companies6
  • 7D0.6%
  • 3M19.9%
  • 1Y0.4%
  • YTD21.6%

The Telecom industry has been flat over the last week, but Nation Media Group has lost 4.0%. In line with that, the industry has also been flat over the past 12 months. Looking forward, earnings are forecast to decline by 6.4% per year.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 18 Apr 2024KSh677.1bKSh330.0bKSh61.8b39.5x11x2.1x
Sat, 16 Mar 2024KSh615.0bKSh330.2bKSh62.1b11.1x9.9x1.9x
Mon, 12 Feb 2024KSh529.0bKSh330.4bKSh62.6b10.2x8.5x1.6x
Wed, 10 Jan 2024KSh553.0bKSh330.7bKSh62.6b10.6x8.8x1.7x
Fri, 08 Dec 2023KSh588.9bKSh338.2bKSh62.4b10.7x9.4x1.7x
Sun, 05 Nov 2023KSh472.8bKSh327.0bKSh61.8b9.8x7.7x1.4x
Tue, 03 Oct 2023KSh593.1bKSh327.0bKSh61.8b10.8x9.6x1.8x
Thu, 31 Aug 2023KSh627.5bKSh327.1bKSh61.6b11.1x10.2x1.9x
Sat, 29 Jul 2023KSh671.4bKSh327.1bKSh61.6b11.4x10.9x2.1x
Mon, 26 Jun 2023KSh707.4bKSh329.7bKSh61.6b11.5x11.5x2.1x
Wed, 24 May 2023KSh618.5bKSh330.1bKSh61.8b7.9x10x1.9x
Fri, 21 Apr 2023KSh666.4bKSh324.4bKSh66.0b7.9x10.1x2.1x
Sun, 19 Mar 2023KSh660.5bKSh324.4bKSh66.0b7.8x10x2x
Tue, 14 Feb 2023KSh957.4bKSh324.9bKSh66.1b14.4x14.5x2.9x
Thu, 12 Jan 2023KSh913.4bKSh324.9bKSh66.1b13.8x13.8x2.8x
Sat, 10 Dec 2022KSh979.6bKSh323.2bKSh65.0b14.8x15.1x3x
Mon, 07 Nov 2022KSh999.9bKSh316.1bKSh68.7b14.3x14.5x3.2x
Wed, 05 Oct 2022KSh986.2bKSh316.1bKSh68.7b14.1x14.3x3.1x
Fri, 02 Sep 2022KSh1.1tKSh316.4bKSh69.0b16x16.3x3.5x
Sun, 31 Jul 2022KSh1.2tKSh316.4bKSh69.0b17.2x17.5x3.8x
Tue, 28 Jun 2022KSh933.8bKSh316.4bKSh69.0b13.3x13.5x3x
Thu, 26 May 2022KSh1.1tKSh316.0bKSh69.1b15.3x15.4x3.4x
Sat, 23 Apr 2022KSh1.4tKSh303.8bKSh72.1b18.9x19.1x4.5x
Mon, 21 Mar 2022KSh1.4tKSh303.8bKSh72.1b19x19.3x4.6x
Wed, 16 Feb 2022KSh1.5tKSh303.8bKSh72.1b20.6x20.9x5x
Fri, 14 Jan 2022KSh1.5tKSh303.8bKSh72.1b20.9x21.2x5x
Sun, 12 Dec 2021KSh1.5tKSh303.6bKSh71.9b13.2x21.2x5x
Tue, 09 Nov 2021KSh1.6tKSh281.8bKSh67.9b14.6x23.8x5.7x
Thu, 07 Oct 2021KSh1.7tKSh281.8bKSh67.9b15.8x25.5x6.1x
Sat, 04 Sep 2021KSh1.7tKSh281.8bKSh67.4b15.9x25.2x6x
Mon, 02 Aug 2021KSh1.7tKSh281.8bKSh67.4b15.7x24.8x5.9x
Thu, 06 May 2021KSh1.6tKSh281.4bKSh67.0b16.3x24.3x5.8x
Price to Earnings Ratio

24.3x


Total Market Cap: KSh1.6tTotal Earnings: KSh67.0bTotal Revenue: KSh281.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Kenyan Telecom Sector Price to Earnings3Y Average 16x202220232024
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 11.0x which is lower than its 3-year average PE of 16.0x.
  • The 3-year average PS ratio of 3.5x is higher than the industry's current PS ratio of 2.1x.
Past Earnings Growth
  • The earnings for companies in the Communication Services industry have declined 2.6% per year over the last three years.
  • Meanwhile revenues for these companies have grown 5.5% 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-0.51%
Telecom0.57%
Wireless Telecom0.60%
Entertainment0%
Interactive Media and Services0%
Telecom Services and Carriers0%
Media-2.22%
Industry PE
  • Investors are most optimistic about the Wireless Telecom industry even though it's trading below its 3-year average PE ratio of 15.7x.
    • Analysts are expecting annual earnings decline of 6.4%, which is worse than the prior year's decline of 4.5%.
Forecasted Growth
  • Despite it being negative, analysts are least pessimistic on the Wireless Telecom industry since they expect its earnings to decline by only 6.4% per year over the next 5 years, which isn't as bad as the other industries.
  • This is even lower than its past earnings decline of 4.5% per year.
  • In contrast, the Wireless Telecom industry is expected to see its earnings decline by 6.4% 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 SafaricomKSh16.750.6%
+KSh4.0b
0.3%PE10.7x
SCAN WPP ScangroupKSh2.222.8%
+KSh25.9m
-23.2%n/a
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

SCOM

KSh16.75

Safaricom

7D

0.6%

1Y

0.3%

NMG

KSh20.55

Nation Media Group

7D

-4.0%

1Y

29.7%

SGL

KSh6.78

Standard Group

7D

-0.3%

1Y

-25.0%

SCAN

KSh2.22

WPP Scangroup

7D

2.8%

1Y

-23.2%