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Kenyan (NSE) Telecom Sector Analysis

UpdatedJan 21, 2026
DataAggregated Company Financials
Companies3
  • 7D1.5%
  • 3M6.4%
  • 1Y56.3%
  • YTD4.4%

In the last week, the Telecom industry is up 2.2%, with Safaricom up 1.5%. This means that the industry has gained 57% over the past year. Looking forward, earnings are forecast to grow by 16% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 21 Jan 2026KSh1.2tKSh408.3bKSh83.9b14.1x14.2x2.9x
Fri, 19 Dec 2025KSh1.1tKSh393.6bKSh69.3b16.1x16.2x2.9x
Sun, 16 Nov 2025KSh1.2tKSh393.6bKSh69.3b16.6x16.8x3x
Tue, 14 Oct 2025KSh1.1tKSh393.6bKSh69.3b15.3x15.4x2.7x
Thu, 11 Sep 2025KSh1.2tKSh393.5bKSh69.3b16.7x16.9x3x
Sat, 09 Aug 2025KSh1.1tKSh393.9bKSh69.0b15.1x15.3x2.7x
Mon, 07 Jul 2025KSh1.1tKSh393.1bKSh69.0b15.5x15.7x2.8x
Wed, 04 Jun 2025KSh822.4bKSh397.2bKSh69.6b43.7x11.8x2.1x
Fri, 02 May 2025KSh706.5bKSh383.5bKSh56.7b47.6x12.5x1.8x
Sun, 30 Mar 2025KSh737.0bKSh384.0bKSh56.5b52.7x13x1.9x
Tue, 25 Feb 2025KSh753.2bKSh384.0bKSh56.5b53.9x13.3x2x
Thu, 23 Jan 2025KSh760.8bKSh384.0bKSh56.5b49.1x13.5x2x
Sat, 21 Dec 2024KSh708.3bKSh384.0bKSh56.5b35.6x12.5x1.8x
Mon, 18 Nov 2024KSh610.5bKSh384.0bKSh56.5b36.9x10.8x1.6x
Wed, 16 Oct 2024KSh618.7bKSh359.3bKSh62.6b38.8x9.9x1.7x
Fri, 13 Sep 2024KSh604.7bKSh359.6bKSh62.8b34.3x9.6x1.7x
Sun, 11 Aug 2024KSh597.6bKSh363.1bKSh61.2b8x9.8x1.6x
Tue, 09 Jul 2024KSh698.5bKSh363.1bKSh61.2b8.9x11.4x1.9x
Thu, 06 Jun 2024KSh729.2bKSh363.3bKSh61.7b9.4x11.8x2x
Sat, 04 May 2024KSh645.0bKSh330.0bKSh61.5b10.1x10.5x2x
Mon, 01 Apr 2024KSh717.3bKSh330.0bKSh61.8b40.6x11.6x2.2x
Wed, 28 Feb 2024KSh552.9bKSh330.2bKSh62.1b10.5x8.9x1.7x
Fri, 26 Jan 2024KSh545.0bKSh330.7bKSh62.6b10.3x8.7x1.6x
Sun, 24 Dec 2023KSh548.8bKSh338.2bKSh62.4b10.4x8.8x1.6x
Tue, 21 Nov 2023KSh542.8bKSh338.2bKSh62.4b10.3x8.7x1.6x
Thu, 19 Oct 2023KSh559.1bKSh327.0bKSh61.8b10.5x9.1x1.7x
Sat, 16 Sep 2023KSh627.3bKSh327.0bKSh61.8b11x10.2x1.9x
Mon, 14 Aug 2023KSh649.6bKSh327.1bKSh61.6b11.3x10.5x2x
Wed, 12 Jul 2023KSh789.8bKSh327.1bKSh61.6b12.4x12.8x2.4x
Fri, 09 Jun 2023KSh675.6bKSh329.7bKSh61.6b11.4x11x2x
Sun, 07 May 2023KSh636.8bKSh324.2bKSh65.4b8x9.7x2x
Tue, 04 Apr 2023KSh732.9bKSh324.4bKSh66.0b8.6x11.1x2.3x
Thu, 02 Mar 2023KSh941.2bKSh324.4bKSh66.0b9.9x14.3x2.9x
Sat, 28 Jan 2023KSh937.4bKSh324.9bKSh66.1b14.1x14.2x2.9x
Price to Earnings Ratio

14.2x


Total Market Cap: KSh937.4bTotal 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 grown 8.3% per year over the last three years.
  • Revenues for these companies have grown 7.9% 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 Kenyan Telecom sector?

KE Market0.52%
Telecom1.53%
Wireless Telecom1.54%
Media0.53%
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 15.7%, which is lower than the prior year's growth of 48.3% 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 48% 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
SCOM SafaricomKSh29.751.5%
+KSh18.0b
56.6%PE14.1x
LKL Longhorn PublishersKSh2.898.2%
+KSh59.9m
10.7%PS1.2x
NMG Nation Media GroupKSh12.901.2%
+KSh25.7m
-3.4%PS0.4x

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