Narrative Update • Jun 23

The Telecom industry has been flat over the last week, but National Mobile Telecommunications Company K.S.C.P has lost 5.2%. The past year has been better, since the industry has gained 28% in that time. As for the next few years, earnings are expected to grow by 7.6% per annum.
Has the Kuwaiti Telecom Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 05 Jul 2026 | د.ك4.3b | د.ك3.5b | د.ك397.8m | 10.6x | 10.8x | 1.2x |
| Tue, 02 Jun 2026 | د.ك4.3b | د.ك3.5b | د.ك397.8m | 10.7x | 10.8x | 1.2x |
| Thu, 30 Apr 2026 | د.ك4.2b | د.ك3.5b | د.ك371.1m | 10.9x | 11.2x | 1.2x |
| Sat, 28 Mar 2026 | د.ك3.9b | د.ك3.4b | د.ك367.4m | 9.9x | 10.7x | 1.1x |
| Mon, 23 Feb 2026 | د.ك4.0b | د.ك3.4b | د.ك367.4m | 10.2x | 10.8x | 1.2x |
| Wed, 21 Jan 2026 | د.ك3.9b | د.ك3.3b | د.ك375.4m | 9.8x | 10.3x | 1.2x |
| Fri, 19 Dec 2025 | د.ك3.7b | د.ك3.3b | د.ك375.4m | 9.1x | 9.9x | 1.1x |
| Sun, 16 Nov 2025 | د.ك3.7b | د.ك3.3b | د.ك375.4m | 9.2x | 9.9x | 1.1x |
| Tue, 14 Oct 2025 | د.ك3.6b | د.ك3.2b | د.ك359.1m | 9.9x | 10x | 1.1x |
| Thu, 11 Sep 2025 | د.ك3.6b | د.ك3.2b | د.ك359.1m | 9.1x | 9.9x | 1.1x |
| Sat, 09 Aug 2025 | د.ك3.6b | د.ك3.2b | د.ك337.6m | 9.6x | 10.6x | 1.1x |
| Mon, 07 Jul 2025 | د.ك3.4b | د.ك3.1b | د.ك327.3m | 9.7x | 10.3x | 1.1x |
| Wed, 04 Jun 2025 | د.ك3.3b | د.ك3.1b | د.ك327.3m | 9.5x | 10x | 1x |
| Fri, 02 May 2025 | د.ك3.2b | د.ك3.1b | د.ك301.2m | 10.5x | 10.7x | 1.1x |
| Sun, 30 Mar 2025 | د.ك3.3b | د.ك3.1b | د.ك301.2m | 10.7x | 11x | 1.1x |
| Tue, 25 Feb 2025 | د.ك3.4b | د.ك3.0b | د.ك261.8m | 12x | 12.9x | 1.1x |
| Thu, 23 Jan 2025 | د.ك3.2b | د.ك3.0b | د.ك247.7m | 14.1x | 13x | 1.1x |
| Sat, 21 Dec 2024 | د.ك3.3b | د.ك3.0b | د.ك247.7m | 14x | 13.1x | 1.1x |
| Mon, 18 Nov 2024 | د.ك3.2b | د.ك3.0b | د.ك247.7m | 14x | 13.1x | 1.1x |
| Wed, 16 Oct 2024 | د.ك3.2b | د.ك3.0b | د.ك247.9m | 14x | 12.8x | 1.1x |
| Fri, 13 Sep 2024 | د.ك3.2b | د.ك3.0b | د.ك247.9m | 13.6x | 12.8x | 1.1x |
| Sun, 11 Aug 2024 | د.ك3.1b | د.ك3.0b | د.ك246.4m | 13.5x | 12.6x | 1x |
| Tue, 09 Jul 2024 | د.ك3.2b | د.ك3.0b | د.ك249.2m | 13.9x | 12.6x | 1.1x |
| Thu, 06 Jun 2024 | د.ك3.1b | د.ك3.0b | د.ك249.2m | 13.8x | 12.5x | 1.1x |
| Sat, 04 May 2024 | د.ك3.3b | د.ك2.9b | د.ك290.5m | 14.8x | 11.5x | 1.1x |
| Mon, 01 Apr 2024 | د.ك3.4b | د.ك2.9b | د.ك331.6m | 11.4x | 10.2x | 1.1x |
| Wed, 28 Feb 2024 | د.ك3.6b | د.ك2.9b | د.ك332.4m | 10.5x | 10.7x | 1.2x |
| Fri, 26 Jan 2024 | د.ك3.7b | د.ك2.9b | د.ك332.0m | 11.5x | 11.2x | 1.3x |
| Sun, 24 Dec 2023 | د.ك3.4b | د.ك2.9b | د.ك332.0m | 11.2x | 10.4x | 1.2x |
| Tue, 21 Nov 2023 | د.ك3.5b | د.ك2.9b | د.ك332.0m | 10.7x | 10.5x | 1.2x |
| Thu, 19 Oct 2023 | د.ك3.4b | د.ك2.9b | د.ك321.3m | 11.3x | 10.7x | 1.2x |
| Sat, 16 Sep 2023 | د.ك3.5b | د.ك2.9b | د.ك321.3m | 11.6x | 10.9x | 1.2x |
| Mon, 14 Aug 2023 | د.ك3.5b | د.ك2.9b | د.ك321.3m | 11.9x | 10.8x | 1.2x |
| Wed, 12 Jul 2023 | د.ك3.6b | د.ك2.8b | د.ك314.4m | 12.2x | 11.4x | 1.3x |
11.4x
Which industries have driven the changes within the Kuwaiti Telecom sector?
| KW Market | 0.11% | |
| Telecom | -0.44% | |
| Media | 0% | 0 |
| Telecom Services and Carriers | 0% | 0 |
| Wireless Telecom | -0.40% | |
| Entertainment | -1.89% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ZAIN Mobile Telecommunications Company K.S.C.P | د.ك0.60 | 0.7% +د.ك17.3m | 21.6% | PE9.8x | |
| STC Kuwait Telecommunications Company K.S.C.P | د.ك0.66 | 2.5% +د.ك16.0m | 15.5% | PE19.2x |