South African (JSE) Telecom Services and Carriers Industry Analysis
UpdatedMay 30, 2023
DataAggregated Company Financials
Companies5
- 7D5.2%
- 3M-25.4%
- 1Y-38.1%
- YTD-14.9%
Over the last 7 days, the Telecom Services and Carriers industry has risen 2.7%, driven by gains from Telkom SA SOC of 7.3%. During this same period, the Huge Group underperformed, falling 12%. In the past year, the industry is down 41%. Earnings are forecast to grow by 1.5% annually.
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 |
|---|---|---|---|---|---|---|
| Tue, 30 May 2023 | R17.5b | R61.2b | R2.4b | 7.1x | 7.3x | 0.3x |
| Thu, 27 Apr 2023 | R20.3b | R61.2b | R2.4b | 8.3x | 8.4x | 0.3x |
| Sat, 25 Mar 2023 | R20.5b | R61.2b | R2.4b | 8.4x | 8.5x | 0.3x |
| Mon, 20 Feb 2023 | R22.7b | R60.5b | R3.0b | 4.4x | 7.6x | 0.4x |
| Wed, 18 Jan 2023 | R21.7b | R60.5b | R3.0b | 4.8x | 7.2x | 0.4x |
| Fri, 16 Dec 2022 | R19.0b | R60.5b | R3.0b | 3.8x | 6.3x | 0.3x |
| Sun, 13 Nov 2022 | R22.9b | R60.6b | R4.1b | 4.5x | 5.6x | 0.4x |
| Tue, 11 Oct 2022 | R28.5b | R60.6b | R4.1b | 4.4x | 6.9x | 0.5x |
| Thu, 08 Sep 2022 | R30.2b | R60.6b | R4.1b | 5.3x | 7.3x | 0.5x |
| Sat, 06 Aug 2022 | R27.7b | R61.1b | R4.0b | 6.6x | 6.9x | 0.5x |
| Mon, 04 Jul 2022 | R24.3b | R61.1b | R4.0b | 5.9x | 6.1x | 0.4x |
| Wed, 01 Jun 2022 | R28.4b | R61.9b | R4.1b | 5.3x | 7x | 0.5x |
| Fri, 29 Apr 2022 | R29.1b | R61.9b | R4.1b | 5.3x | 7.2x | 0.5x |
| Sun, 27 Mar 2022 | R22.2b | R44.0b | R3.1b | 4.6x | 7.1x | 0.5x |
| Tue, 22 Feb 2022 | R21.8b | R44.0b | R3.2b | 7.8x | 6.8x | 0.5x |
| Thu, 20 Jan 2022 | R24.8b | R44.0b | R3.2b | 8.9x | 7.7x | 0.6x |
| Sat, 18 Dec 2021 | R26.3b | R44.1b | R2.9b | 10.5x | 9x | 0.6x |
| Mon, 15 Nov 2021 | R25.0b | R44.3b | R2.5b | 14.6x | 10.2x | 0.6x |
| Wed, 13 Oct 2021 | R24.3b | R44.3b | R2.5b | 14.9x | 9.9x | 0.5x |
| Fri, 10 Sep 2021 | R19.2b | R44.3b | R2.5b | 16.2x | 7.8x | 0.4x |
| Sun, 08 Aug 2021 | R21.7b | R44.3b | R2.5b | 20.9x | 8.8x | 0.5x |
| Sat, 01 May 2021 | R20.7b | R44.3b | R2.5b | 16x | 8.4x | 0.5x |
| Tue, 02 Feb 2021 | R18.0b | R44.2b | R1.6b | 15.4x | 11x | 0.4x |
| Fri, 06 Nov 2020 | R13.7b | R44.0b | R885.2m | 15.1x | 15.5x | 0.3x |
| Mon, 10 Aug 2020 | R15.2b | R44.1b | R783.2m | 19.9x | 19.4x | 0.3x |
Price to Earnings Ratio
16.2x
Current Industry PE
- Investors are pessimistic on the South African Telecom 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 6.7x which is lower than its 3-year average PE of 10.1x.
- The industry is trading close to its 3-year average PS ratio of 0.43x.
Past Earnings Growth
- The earnings for companies in the Telecom industry have grown 58% per year over the last three years.
- Revenues for these companies have grown 11% 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 South African Telecom industry?
| ZA Market | -2.36% | |
| Telecom | 0.18% | |
| Telecom Services and Carriers | 5.20% | |
| Integrated Telecom Services | 5.73% | |
| Alternative Carriers | -11.09% | |
Industry PE
- Investors are most optimistic about the Integrated Telecom Services industry even though it's trading below its 3-year average PE ratio of 10.5x.
- Analysts are expecting annual earnings growth of 1.5%, which is higher than its past year's earnings decline of 42.0% per year.
- Investors are most pessimistic about the Alternative Carriers industry, which is trading below its 3-year average of 10.6x.
Forecasted Growth
- Analysts are most optimistic on the Integrated Telecom Services industry, expecting annual earnings growth of 1.5% over the next 5 years.
- This is better than its past earnings decline of 42% 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 | R27.96 | 7.3% +R932.3m | -39.0% | PE7.1x |