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South African (JSE) Telecom Services and Carriers Industry Analysis
UpdatedNov 25, 2024
DataAggregated Company Financials
Companies4
- 7D4.2%
- 3M9.8%
- 1Y19.3%
- YTD13.0%
In the last week, the Telecom Services and Carriers industry is up 7.5%, with Telkom SA SOC up 11%. This means that the industry has gained 20% over the past year. As for the next few years, earnings are expected to grow by 17% per annum.
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 |
|---|---|---|---|---|---|---|
| Mon, 25 Nov 2024 | R20.9b | R57.6b | R2.2b | 9.5x | 9.5x | 0.4x |
| Wed, 23 Oct 2024 | R19.0b | R57.0b | R2.1b | 9.8x | 8.9x | 0.3x |
| Fri, 20 Sep 2024 | R17.9b | R57.0b | R2.1b | 9.4x | 8.4x | 0.3x |
| Sun, 18 Aug 2024 | R16.1b | R59.2b | R2.2b | 9x | 7.2x | 0.3x |
| Tue, 16 Jul 2024 | R15.9b | R59.2b | R2.2b | 9.3x | 7.1x | 0.3x |
| Thu, 13 Jun 2024 | R16.0b | R60.5b | -R8,873,660,051.00 | 17x | -1.8x | 0.3x |
| Sat, 11 May 2024 | R16.8b | R60.4b | -R8,873,611,326.00 | 16.4x | -1.9x | 0.3x |
| Mon, 08 Apr 2024 | R18.5b | R60.4b | -R8,873,611,326.00 | 16.6x | -2.1x | 0.3x |
| Wed, 06 Mar 2024 | R17.4b | R60.4b | -R8,874,561,582.00 | 16.8x | -2x | 0.3x |
| Fri, 02 Feb 2024 | R17.6b | R62.6b | -R9,357,802,582.00 | 18x | -1.9x | 0.3x |
| Sun, 31 Dec 2023 | R18.6b | R62.6b | -R9,357,802,582.00 | 17.2x | -2x | 0.3x |
| Tue, 28 Nov 2023 | R17.6b | R62.6b | -R9,312,978,582.00 | 17.7x | -1.9x | 0.3x |
| Thu, 26 Oct 2023 | R15.0b | R62.1b | -R9,612,978,582.00 | 16.9x | -1.6x | 0.2x |
| Sat, 23 Sep 2023 | R14.4b | R62.1b | -R9,616,486,975.00 | 9.6x | -1.5x | 0.2x |
| Mon, 21 Aug 2023 | R16.5b | R61.7b | -R9,504,797,687.00 | 6.1x | -1.7x | 0.3x |
| Wed, 19 Jul 2023 | R17.8b | R62.1b | -R9,504,797,687.00 | 6.2x | -1.9x | 0.3x |
| Fri, 16 Jun 2023 | R20.4b | R62.6b | -R9,504,797,687.00 | 6.4x | -2.1x | 0.3x |
| Sun, 14 May 2023 | R19.4b | R61.2b | R2.4b | 8x | 8.1x | 0.3x |
| Tue, 11 Apr 2023 | R21.8b | R61.2b | R2.4b | 8.9x | 9.1x | 0.4x |
| Thu, 09 Mar 2023 | R23.0b | R61.2b | R2.4b | 8.9x | 9.6x | 0.4x |
| Sat, 04 Feb 2023 | R22.1b | R60.5b | R3.0b | 4.5x | 7.4x | 0.4x |
| Mon, 02 Jan 2023 | R19.7b | R60.5b | R3.0b | 4.3x | 6.6x | 0.3x |
| Wed, 30 Nov 2022 | R21.9b | R60.5b | R3.0b | 4.5x | 7.3x | 0.4x |
| Fri, 28 Oct 2022 | R23.0b | R60.6b | R4.1b | 4.3x | 5.6x | 0.4x |
| Sun, 25 Sep 2022 | R29.6b | R60.6b | R4.1b | 5.2x | 7.2x | 0.5x |
| Tue, 23 Aug 2022 | R29.9b | R61.1b | R4.0b | 6.8x | 7.5x | 0.5x |
| Thu, 21 Jul 2022 | R26.4b | R61.1b | R4.0b | 6.3x | 6.6x | 0.4x |
| Sat, 18 Jun 2022 | R22.9b | R61.7b | R4.1b | 5.6x | 5.6x | 0.4x |
| Mon, 16 May 2022 | R28.2b | R61.9b | R4.1b | 4.3x | 6.9x | 0.5x |
| Wed, 13 Apr 2022 | R27.6b | R61.9b | R4.1b | 5.7x | 6.8x | 0.4x |
| Fri, 11 Mar 2022 | R22.2b | R44.0b | R3.1b | 4.5x | 7.1x | 0.5x |
| Sun, 06 Feb 2022 | R25.4b | R44.0b | R3.2b | 9.1x | 7.9x | 0.6x |
| Tue, 04 Jan 2022 | R27.7b | R44.0b | R3.2b | 9.9x | 8.6x | 0.6x |
| Thu, 02 Dec 2021 | R27.0b | R44.1b | R2.9b | 10.8x | 9.2x | 0.6x |
Price to Earnings Ratio
9.2x
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 9.5x which is higher than its 3-year average PE of 4.3x.
- The industry is trading close to its 3-year average PS ratio of 0.36x.
Past Earnings Growth
- The earnings for companies in the Telecom industry have declined 9.0% per year over the last three years.
- Meanwhile revenues for these companies have grown 9.2% 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 South African Telecom industry?
| ZA Market | 1.49% | |
| Telecom | -0.88% | |
| Telecom Services and Carriers | 4.16% | |
| Integrated Telecom Services | 4.25% | |
| Alternative Carriers | 0% | |
Industry PE
- Investors are most optimistic about the Alternative Carriers industry which is trading above its 3-year average PE ratio of 6.5x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Integrated Telecom Services industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 4.7x.
Forecasted Growth
- Analysts are most optimistic on the Integrated Telecom Services industry, expecting annual earnings growth of 17% over the next 5 years.
- However this is lower than its past earnings growth rate of 141% per year.
- In contrast, the Integrated Telecom Services industry is expected to see its earnings grow by 17% per year 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 | R32.79 | 8.6% +R1.3b | 17.9% | PE10.7x |