Blue Label Telecoms Limited (JSE:BLU) Stock Rockets 31% As Investors Are Less Pessimistic Than Expected
May 17
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South African (JSE) Telecom Services and Carriers Industry Analysis
UpdatedJul 01, 2025
DataAggregated Company Financials
Companies4
- 7D9.9%
- 3M52.2%
- 1Y150.2%
- YTD80.1%
In the last week, the Telecom Services and Carriers industry is up 9.9%, with all of the companies up. This means that the industry has gained 150% over the past year. Earnings are forecast to be flat in the coming years.
Industry Valuation and Performance
Has the South African Telecom Services and Carriers Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 02 Jul 2025 | R40.2b | R58.2b | R3.4b | 20.3x | 12x | 0.7x |
| Fri, 30 May 2025 | R30.1b | R57.3b | R2.2b | 14.7x | 13.7x | 0.5x |
| Sun, 27 Apr 2025 | R26.9b | R57.3b | R2.2b | 12.2x | 12.3x | 0.5x |
| Tue, 25 Mar 2025 | R25.5b | R57.3b | R2.2b | 11.5x | 11.6x | 0.4x |
| Thu, 20 Feb 2025 | R24.5b | R57.6b | R2.2b | 10.6x | 11.1x | 0.4x |
| Sat, 18 Jan 2025 | R21.6b | R57.6b | R2.2b | 9.7x | 9.8x | 0.4x |
| Mon, 16 Dec 2024 | R23.2b | R57.6b | R2.2b | 10.3x | 10.5x | 0.4x |
| Wed, 13 Nov 2024 | R18.5b | R57.0b | R2.1b | 8.8x | 8.7x | 0.3x |
| Fri, 11 Oct 2024 | R18.8b | R57.0b | R2.1b | 9.5x | 8.8x | 0.3x |
| Sun, 08 Sep 2024 | R18.1b | R57.0b | R2.1b | 9.5x | 8.5x | 0.3x |
| Tue, 06 Aug 2024 | R15.5b | R59.2b | R2.2b | 8.8x | 6.9x | 0.3x |
| Thu, 04 Jul 2024 | R15.6b | R59.2b | R2.2b | 9.3x | 7x | 0.3x |
| Sat, 01 Jun 2024 | R16.2b | R60.4b | -R8,873,611,326.00 | 17.2x | -1.8x | 0.3x |
| Mon, 29 Apr 2024 | R16.7b | R60.4b | -R8,873,611,326.00 | 16x | -1.9x | 0.3x |
| Wed, 27 Mar 2024 | R18.9b | R60.4b | -R8,874,561,582.00 | 17.5x | -2.1x | 0.3x |
| Fri, 23 Feb 2024 | R17.7b | R62.6b | -R9,358,303,582.00 | 17x | -1.9x | 0.3x |
| Sun, 21 Jan 2024 | R18.8b | R62.6b | -R9,357,802,582.00 | 17.1x | -2x | 0.3x |
| Tue, 19 Dec 2023 | R18.1b | R62.6b | -R9,357,802,582.00 | 17.5x | -1.9x | 0.3x |
| Thu, 16 Nov 2023 | R15.4b | R62.1b | -R9,612,978,582.00 | 17.7x | -1.6x | 0.2x |
| Sat, 14 Oct 2023 | R14.4b | R62.1b | -R9,614,331,844.00 | 15.6x | -1.5x | 0.2x |
| Mon, 11 Sep 2023 | R15.4b | R62.1b | -R9,615,133,713.00 | 9.5x | -1.6x | 0.2x |
| Wed, 09 Aug 2023 | R17.3b | R61.7b | -R9,504,797,687.00 | 6x | -1.8x | 0.3x |
| Fri, 07 Jul 2023 | R18.4b | R62.1b | -R9,504,797,687.00 | 6.3x | -1.9x | 0.3x |
| Sun, 04 Jun 2023 | R17.4b | R61.3b | R2.4b | 7x | 7.3x | 0.3x |
| Tue, 02 May 2023 | R20.8b | R61.2b | R2.4b | 8.5x | 8.6x | 0.3x |
| Thu, 30 Mar 2023 | R21.2b | R61.2b | R2.4b | 8.8x | 8.8x | 0.3x |
| Sat, 25 Feb 2023 | R22.8b | R60.5b | R3.0b | 4.2x | 7.6x | 0.4x |
| Mon, 23 Jan 2023 | R21.2b | R60.5b | R3.0b | 4.5x | 7.1x | 0.4x |
| Wed, 21 Dec 2022 | R19.1b | R60.5b | R3.0b | 3.9x | 6.4x | 0.3x |
| Fri, 18 Nov 2022 | R22.1b | R60.6b | R4.1b | 4.6x | 5.4x | 0.4x |
| Sun, 16 Oct 2022 | R26.5b | R60.6b | R4.1b | 4.3x | 6.4x | 0.4x |
| Tue, 13 Sep 2022 | R30.5b | R60.6b | R4.1b | 5.4x | 7.4x | 0.5x |
| Thu, 11 Aug 2022 | R28.9b | R61.1b | R4.0b | 6.6x | 7.2x | 0.5x |
| Sat, 09 Jul 2022 | R24.6b | R61.1b | R4.0b | 6.6x | 6.1x | 0.4x |
Price to Earnings Ratio
6.1x
Current Industry PE
- Investors are optimistic on the South African Telecom industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 12.0x which is higher than its 3-year average PE of 5.1x.
- The industry is trading close to its 3-year average PS ratio of 0.35x.
Past Earnings Growth
- The earnings for companies in the Telecom industry have declined 5.8% per year over the last three years.
- Meanwhile revenues have remained mostly flat.
- This means that although sales have remained flat, 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 South African Telecom industry?
| ZA Market | 2.17% | |
| Telecom | 7.15% | |
| Telecom Services and Carriers | 9.85% | |
| Integrated Telecom Services | 9.95% | |
| Alternative Carriers | 0% | 0 |
Industry PE
- Investors are most optimistic about the Integrated Telecom Services industry which is trading above its 3-year average PE ratio of 5.2x.
- Analysts are expecting annual earnings decline of 0.9%, which is lower than the prior year's growth of 38.0% per year.
Forecasted Growth
- Despite it being negative, analysts are least pessimistic on the Integrated Telecom Services industry since they expect its earnings to decline by only 0.9% per year over the next 5 years, which isn't as bad as the other industries.
- This is a reversal from its past annual earnings growth rate of 38% per year.
- In contrast, the Integrated Telecom Services 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 | |
|---|---|---|---|---|---|
| TKG Telkom SA SOC | R52.93 | 6.8% +R1.7b | 132.7% | PE9.5x | |
| BLU Blue Label Telecoms | R14.40 | 0.6% +R72.1m | 263.6% | PE20.4x | |
| HUG Huge Group | R1.90 | 2.7% +R8.6m | -13.2% | PS6.9x |