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South African (JSE) Telecom Services and Carriers Industry Analysis

UpdatedMar 11, 2026
DataAggregated Company Financials
Companies4
  • 7D-4.2%
  • 3M8.1%
  • 1Y63.3%
  • YTD-1.1%

Over the last 7 days, the Telecom Services and Carriers industry has dropped 4.2%, driven by pullbacks from every company within the industry. This takes the industry's 12 month performance to a gain of 63%. Looking forward, earnings are forecast to decline by 1.2% per year.

Industry Valuation and Performance

Has the South African Telecom Services and Carriers Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 12 Mar 2026R39.2bR61.9bR558.9m109.7x70.1x0.6x
Sat, 07 Feb 2026R37.7bR58.8bR6.0b8.1x6.3x0.6x
Mon, 05 Jan 2026R39.5bR58.8bR6.0b8.5x6.6x0.7x
Wed, 03 Dec 2025R34.2bR58.8bR6.0b7.1x5.7x0.6x
Fri, 31 Oct 2025R35.8bR58.0bR5.2b8.8x6.9x0.6x
Sun, 28 Sep 2025R36.6bR58.0bR5.2b9.1x7x0.6x
Tue, 26 Aug 2025R40.6bR58.2bR3.4b23.1x12.1x0.7x
Thu, 24 Jul 2025R42.1bR58.2bR3.4b21x12.6x0.7x
Sat, 21 Jun 2025R35.0bR58.2bR3.4b19.5x10.4x0.6x
Mon, 19 May 2025R28.2bR57.3bR2.2b13.2x12.9x0.5x
Wed, 16 Apr 2025R25.6bR57.3bR2.2b11.4x11.7x0.4x
Fri, 14 Mar 2025R23.7bR57.3bR2.2b10.7x10.8x0.4x
Sun, 09 Feb 2025R22.8bR57.6bR2.2b10x10.4x0.4x
Tue, 07 Jan 2025R22.2bR57.6bR2.2b10x10.1x0.4x
Thu, 05 Dec 2024R22.3bR57.6bR2.2b9.9x10.1x0.4x
Sat, 02 Nov 2024R18.8bR57.0bR2.1b9.5x8.8x0.3x
Mon, 30 Sep 2024R18.2bR57.0bR2.1b9.4x8.5x0.3x
Wed, 28 Aug 2024R19.0bR59.2bR2.2b9.6x8.5x0.3x
Fri, 26 Jul 2024R15.8bR59.2bR2.2b8.9x7.1x0.3x
Sun, 23 Jun 2024R16.1bR59.2bR2.2b9.5x7.2x0.3x
Tue, 21 May 2024R16.9bR60.4b-R8,873,611,326.0017.1x-1.9x0.3x
Thu, 18 Apr 2024R16.8bR60.4b-R8,873,611,326.0016.2x-1.9x0.3x
Sat, 16 Mar 2024R16.7bR60.4b-R8,874,561,582.0015.9x-1.9x0.3x
Mon, 12 Feb 2024R16.8bR62.6b-R9,357,802,582.0016.9x-1.8x0.3x
Wed, 10 Jan 2024R18.6bR62.6b-R9,357,802,582.0017.3x-2x0.3x
Fri, 08 Dec 2023R16.4bR62.6b-R9,393,225,493.0017.2x-1.7x0.3x
Sun, 05 Nov 2023R15.2bR62.1b-R9,612,978,582.0016.6x-1.6x0.2x
Tue, 03 Oct 2023R14.6bR62.1b-R9,614,331,844.0018.1x-1.5x0.2x
Thu, 31 Aug 2023R17.1bR61.7b-R9,504,797,687.005.9x-1.8x0.3x
Sat, 29 Jul 2023R17.7bR61.7b-R9,504,797,687.006x-1.9x0.3x
Mon, 26 Jun 2023R18.6bR62.1b-R9,504,797,687.006.3x-2x0.3x
Wed, 24 May 2023R16.9bR61.2bR2.4b6.8x7x0.3x
Fri, 21 Apr 2023R21.1bR61.2bR2.4b8.6x8.8x0.3x
Sun, 19 Mar 2023R21.3bR61.2bR2.4b8.3x8.8x0.3x
Price to Earnings Ratio

8.8x


Total Market Cap: R21.3bTotal Earnings: R2.4bTotal Revenue: R61.2bTotal Market Cap vs Earnings and Revenue0%0%0%
South African Telecom Services and Carriers Industry Price to Earnings3Y Average 6.1x202420252026
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 70.1x which is higher than its 3-year average PE of 6.1x.
  • The industry is trading close to its 3-year average PS ratio of 0.41x.
Past Earnings Growth
  • The earnings for companies in the Telecom industry have declined 39% 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-0.19%
Telecom-4.84%
Telecom Services and Carriers-4.20%
Integrated Telecom Services-4.13%
Alternative Carriers-11.87%
Industry PE
  • Investors are most optimistic about the Integrated Telecom Services industry which is trading above its 3-year average PE ratio of 6.0x.
    • Analysts are expecting annual earnings decline of 1.2%, which is lower than the prior year's growth of 133.1% 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 1.2% 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 133% 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?

CompanyLast Price7D1YValuation
No data available

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