Narrative Update • Jun 17
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- 7D-5.3%
- 3M-7.4%
- 1Y-7.4%
- YTD-8.7%
Over the last 7 days, the Telecom Services and Carriers industry has dropped 2.5%, driven by pullbacks from every company within the industry. However, the industry is down 3.6% over the past year. As for the next few years, earnings are expected to grow by 11% 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 |
|---|---|---|---|---|---|---|
| Thu, 25 Jun 2026 | R36.2b | R61.8b | R660.7m | 8.2x | 54.8x | 0.6x |
| Sat, 23 May 2026 | R37.7b | R61.9b | R559.1m | 55.4x | 67.5x | 0.6x |
| Mon, 20 Apr 2026 | R38.0b | R61.9b | R559.1m | 81.8x | 68x | 0.6x |
| Wed, 18 Mar 2026 | R38.8b | R61.9b | R558.9m | 109.7x | 69.4x | 0.6x |
| Fri, 13 Feb 2026 | R38.4b | R58.8b | R6.0b | 8.1x | 6.4x | 0.7x |
| Sun, 11 Jan 2026 | R40.0b | R58.8b | R6.0b | 8.7x | 6.7x | 0.7x |
| Tue, 09 Dec 2025 | R35.8b | R58.8b | R6.0b | 7.5x | 6x | 0.6x |
| Thu, 06 Nov 2025 | R35.7b | R58.0b | R5.2b | 8.4x | 6.9x | 0.6x |
| Sat, 04 Oct 2025 | R39.2b | R58.0b | R5.2b | 9.8x | 7.5x | 0.7x |
| Mon, 01 Sep 2025 | R36.5b | R58.0b | R5.2b | 9.1x | 7x | 0.6x |
| Wed, 30 Jul 2025 | R44.7b | R58.2b | R3.4b | 22.9x | 13.3x | 0.8x |
| Fri, 27 Jun 2025 | R38.9b | R58.2b | R3.4b | 19.9x | 11.6x | 0.7x |
| Sun, 25 May 2025 | R29.2b | R57.3b | R2.2b | 13.8x | 13.3x | 0.5x |
| Tue, 22 Apr 2025 | R25.5b | R57.3b | R2.2b | 11.4x | 11.6x | 0.4x |
| Thu, 20 Mar 2025 | R24.8b | R57.3b | R2.2b | 11.2x | 11.3x | 0.4x |
| Sat, 15 Feb 2025 | R24.2b | R57.6b | R2.2b | 10.6x | 11x | 0.4x |
| Mon, 13 Jan 2025 | R21.9b | R57.6b | R2.2b | 9.8x | 9.9x | 0.4x |
| Wed, 11 Dec 2024 | R23.6b | R57.6b | R2.2b | 10.4x | 10.7x | 0.4x |
| Fri, 08 Nov 2024 | R18.6b | R57.0b | R2.1b | 9.5x | 8.7x | 0.3x |
| Sun, 06 Oct 2024 | R18.2b | R57.0b | R2.1b | 9.5x | 8.5x | 0.3x |
| Tue, 03 Sep 2024 | R18.6b | R57.4b | R2.1b | 10.1x | 8.7x | 0.3x |
| Thu, 01 Aug 2024 | R16.0b | R59.2b | R2.2b | 9.4x | 7.1x | 0.3x |
| Sat, 29 Jun 2024 | R16.0b | R59.2b | R2.2b | 9.5x | 7.2x | 0.3x |
| Mon, 27 May 2024 | R17.0b | R60.4b | -R8,873,611,326.00 | 17.1x | -1.9x | 0.3x |
| Wed, 24 Apr 2024 | R16.4b | R60.4b | -R8,873,611,326.00 | 16x | -1.8x | 0.3x |
| Fri, 22 Mar 2024 | R17.0b | R60.4b | -R8,874,561,582.00 | 16.1x | -1.9x | 0.3x |
| Sun, 18 Feb 2024 | R17.3b | R62.6b | -R9,358,303,582.00 | 18x | -1.8x | 0.3x |
| Tue, 16 Jan 2024 | R19.2b | R62.6b | -R9,357,802,582.00 | 17.4x | -2.1x | 0.3x |
| Thu, 14 Dec 2023 | R17.2b | R62.6b | -R9,357,802,582.00 | 17.2x | -1.8x | 0.3x |
| Sat, 11 Nov 2023 | R14.9b | R62.1b | -R9,612,978,582.00 | 16.4x | -1.6x | 0.2x |
| Mon, 09 Oct 2023 | R14.1b | R62.1b | -R9,614,331,844.00 | 17.5x | -1.5x | 0.2x |
| Wed, 06 Sep 2023 | R16.4b | R62.1b | -R9,616,486,975.00 | 9.2x | -1.7x | 0.3x |
| Fri, 04 Aug 2023 | R18.2b | R61.7b | -R9,504,797,687.00 | 5.9x | -1.9x | 0.3x |
| Sun, 02 Jul 2023 | R19.2b | R62.1b | -R9,504,797,687.00 | 6.2x | -2x | 0.3x |
Price to Earnings Ratio
-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 56.6x which is higher than its 3-year average PE of 11.7x.
- The industry is trading close to its 3-year average PS ratio of 0.43x.
Past Earnings Growth
- Total earnings for the Telecom industry have gone up over the last three years, and the industry is now profitable.
- Revenues have remained mostly flat. This means that the industry has become more efficient since profits are increasing while sales have been flat.
Industry Trends
Which industries have driven the changes within the South African Telecom industry?
| ZA Market | -3.82% | |
| Telecom | -0.49% | |
| Telecom Services and Carriers | -5.31% | |
| Alternative Carriers | -3.08% | |
| Integrated Telecom Services | -5.33% | |
Industry PE
- Investors are most optimistic about the Integrated Telecom Services industry which is trading above its 3-year average PE ratio of 11.1x.
- Analysts are expecting annual earnings growth of 11.2%, which is lower than the prior year's growth of 27.6% per year.
- Investors are most pessimistic about the Alternative Carriers industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 6.7x.
Forecasted Growth
- Analysts are most optimistic on the Integrated Telecom Services industry, expecting annual earnings growth of 11% over the next 5 years.
- However this is lower than its past earnings growth rate of 28% per year.
- In contrast, the Integrated Telecom Services industry is expected to see its earnings grow by 11% 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 | |
|---|---|---|---|---|---|
| No data available | |||||