Kenyan (NSE) Telecom Sector Analysis
UpdatedMar 25, 2023
DataAggregated Company Financials
Companies5
- 7D15.5%
- 3M-23.1%
- 1Y-47.3%
- YTD-21.3%
All of the companies in the Telecom industry have been up over the last week, with the industry up 15%. However, the industry is down 47% over the past year. In the next few years earnings are forecast to be pretty stable.
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 |
|---|---|---|---|---|---|---|
| Sun, 26 Mar 2023 | KSh762.9b | KSh324.4b | KSh66.0b | 8.6x | 11.6x | 2.4x |
| Tue, 21 Feb 2023 | KSh947.3b | KSh324.4b | KSh66.0b | 10x | 14.4x | 2.9x |
| Thu, 19 Jan 2023 | KSh831.3b | KSh324.9b | KSh66.1b | 12.5x | 12.6x | 2.6x |
| Sat, 17 Dec 2022 | KSh1.0t | KSh323.2b | KSh65.0b | 15.2x | 15.5x | 3.1x |
| Mon, 14 Nov 2022 | KSh1.0t | KSh323.2b | KSh65.0b | 15.3x | 15.7x | 3.1x |
| Wed, 12 Oct 2022 | KSh1.0t | KSh316.1b | KSh68.7b | 14.9x | 15.2x | 3.3x |
| Fri, 09 Sep 2022 | KSh1.2t | KSh316.4b | KSh69.0b | 17.2x | 17.5x | 3.8x |
| Sun, 07 Aug 2022 | KSh1.2t | KSh316.4b | KSh69.0b | 17.3x | 17.6x | 3.8x |
| Tue, 05 Jul 2022 | KSh1.1t | KSh316.4b | KSh69.0b | 15.3x | 15.5x | 3.4x |
| Thu, 02 Jun 2022 | KSh1.0t | KSh316.0b | KSh69.1b | 15x | 15.2x | 3.3x |
| Sat, 30 Apr 2022 | KSh1.4t | KSh303.8b | KSh72.1b | 18.6x | 18.8x | 4.5x |
| Mon, 28 Mar 2022 | KSh1.4t | KSh303.8b | KSh72.1b | 19.8x | 20.1x | 4.8x |
| Wed, 23 Feb 2022 | KSh1.5t | KSh303.8b | KSh72.1b | 20.9x | 21.1x | 5x |
| Fri, 21 Jan 2022 | KSh1.5t | KSh303.8b | KSh72.1b | 20.7x | 21x | 5x |
| Sun, 19 Dec 2021 | KSh1.5t | KSh303.6b | KSh71.9b | 13.2x | 21.3x | 5x |
| Tue, 16 Nov 2021 | KSh1.6t | KSh303.6b | KSh72.0b | 13.9x | 22.5x | 5.3x |
| Thu, 14 Oct 2021 | KSh1.7t | KSh281.8b | KSh67.9b | 15.5x | 24.8x | 6x |
| Sat, 11 Sep 2021 | KSh1.7t | KSh281.8b | KSh67.4b | 16.1x | 25.4x | 6.1x |
| Mon, 09 Aug 2021 | KSh1.7t | KSh281.8b | KSh67.4b | 16.2x | 25.7x | 6.1x |
| Sun, 02 May 2021 | KSh1.6t | KSh281.4b | KSh67.0b | 16.3x | 24.3x | 5.8x |
| Wed, 03 Feb 2021 | KSh1.4t | KSh277.7b | KSh68.0b | 42.4x | 21.3x | 5.2x |
| Sat, 07 Nov 2020 | KSh1.2t | KSh275.1b | KSh69.7b | 37.9x | 17.9x | 4.5x |
| Fri, 31 Jul 2020 | KSh1.1t | KSh280.7b | KSh71.3b | 24.5x | 16x | 4.1x |
| Mon, 04 May 2020 | KSh1.2t | KSh285.0b | KSh73.4b | 12.2x | 15.8x | 4.1x |
Price to Earnings Ratio
14.6x
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 11.6x which is lower than its 3-year average PE of 18.9x.
- The 3-year average PS ratio of 4.5x is higher than the industry's current PS ratio of 2.4x.
Past Earnings Growth
- The earnings for companies in the Communication Services industry have declined 3.5% per year over the last three years.
- Meanwhile revenues for these companies have grown 4.4% 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 | 7.46% | |
| Telecom | 15.50% | |
| Wireless Telecom | 15.60% | |
| Media | 3.90% | |
| Entertainment | 0% | |
| Interactive Media and Services | 0% | |
| Telecom Services and Carriers | 0% | |
Industry PE
- Investors are most optimistic about the Media industry which is trading above its 3-year average PE ratio.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Wireless Telecom industry, which is trading below its 3-year average of 18.5x.
Forecasted Growth
- Despite it being negative, analysts are least pessimistic on the Wireless Telecom industry since they expect its earnings to decline by only 0.5% per year over the next 5 years, which isn't as bad as the other industries.
- In contrast, the Wireless Telecom industry is expected to see its earnings growth to stay flat 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 | |
|---|---|---|---|---|---|
| SCOM Safaricom | KSh18.90 | 15.6% +KSh102.2b | -47.4% | PE11.5x | |
| SCAN WPP Scangroup | KSh2.97 | 5.7% +KSh69.1m | -25.0% | PS0.2x | |
| NMG Nation Media Group | KSh14.90 | 2.1% +KSh57.1m | -25.3% | PE5.8x | |
| LKL Longhorn Publishers | KSh2.79 | 7.7% +KSh54.5m | -22.5% | PS0.6x | |
| SGL Standard Group | KSh9.80 | 4.3% +KSh32.7m | -19.7% | PS0.3x |