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South African (JSE) Wireless Telecom Industry Analysis

UpdatedDec 24, 2025
DataAggregated Company Financials
Companies4
  • 7D4.2%
  • 3M12.1%
  • 1Y62.2%
  • YTD54.5%

Over the last 7 days, the Wireless Telecom industry has remained flat. As for the the longer term, the industry is up 60% over the past 12 months. Looking forward, earnings are forecast to grow by 30% annually.

Industry Valuation and Performance

Has the South African Wireless Telecom Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 24 Dec 2025R580.3bR367.0bR26.4b27.1x22x1.6x
Fri, 21 Nov 2025R586.9bR367.0bR26.4b28.1x22.2x1.6x
Sun, 19 Oct 2025R564.1bR359.0bR24.1b28x23.4x1.6x
Tue, 16 Sep 2025R517.5bR359.0bR24.1b24.9x21.4x1.4x
Thu, 14 Aug 2025R584.4bR340.8bR7.0b16.5x83.4x1.7x
Sat, 12 Jul 2025R530.1bR340.8bR7.0b16.3x75.7x1.6x
Mon, 09 Jun 2025R498.9bR340.8bR7.0b15.9x71.2x1.5x
Wed, 07 May 2025R480.9bR339.9bR5.2b17.9x93.2x1.4x
Fri, 04 Apr 2025R441.4bR339.9bR5.2b16.1x85.6x1.3x
Sun, 02 Mar 2025R439.9bR350.5bR7.3b15.3x60.2x1.3x
Tue, 28 Jan 2025R409.4bR350.5bR7.3b14.3x56x1.2x
Thu, 26 Dec 2024R349.6bR350.5bR7.3b13.3x47.8x1x
Sat, 23 Nov 2024R343.6bR350.5bR7.3b13.4x47x1x
Mon, 21 Oct 2024R377.3bR349.8bR8.9b13x42.6x1.1x
Wed, 18 Sep 2024R385.6bR349.8bR8.9b13.3x43.6x1.1x
Fri, 16 Aug 2024R348.1bR371.9bR20.4b24.9x17.1x0.9x
Sun, 14 Jul 2024R337.9bR371.9bR20.4b23.9x16.6x0.9x
Tue, 11 Jun 2024R321.8bR371.9bR20.4b23.1x15.8x0.9x
Thu, 09 May 2024R347.2bR359.6bR21.5b25.9x16.1x1x
Sat, 06 Apr 2024R363.7bR359.6bR21.5b26.8x16.9x1x
Mon, 04 Mar 2024R334.2bR361.1bR37.9b8.9x8.8x0.9x
Wed, 31 Jan 2024R357.3bR361.1bR37.9b9.5x9.4x1x
Fri, 29 Dec 2023R411.5bR361.1bR37.9b10.9x10.8x1.1x
Sun, 26 Nov 2023R390.9bR361.1bR37.9b10.4x10.3x1.1x
Tue, 24 Oct 2023R385.3bR342.0bR37.3b10.5x10.3x1.1x
Thu, 21 Sep 2023R425.1bR342.0bR37.3b11.5x11.4x1.2x
Sat, 19 Aug 2023R444.9bR342.0bR37.3b12x11.9x1.3x
Mon, 17 Jul 2023R464.2bR326.2bR36.1b12.9x12.9x1.4x
Wed, 14 Jun 2023R491.1bR326.2bR36.1b13.6x13.6x1.5x
Fri, 12 May 2023R414.2bR313.6bR35.7b11.7x11.6x1.3x
Sun, 09 Apr 2023R477.7bR313.6bR35.7b13.5x13.4x1.5x
Tue, 07 Mar 2023R515.3bR299.3bR35.5b14.6x14.5x1.7x
Thu, 02 Feb 2023R495.2bR299.3bR35.5b14x14x1.7x
Sat, 31 Dec 2022R467.3bR299.3bR35.5b13.3x13.2x1.6x
Price to Earnings Ratio

13.2x


Total Market Cap: R467.3bTotal Earnings: R35.5bTotal Revenue: R299.3bTotal Market Cap vs Earnings and Revenue0%0%0%
South African Wireless Telecom Industry Price to Earnings3Y Average 30.3x202320242025
Current Industry PE
  • Investors are pessimistic on the South African Wireless 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 21.3x which is lower than its 3-year average PE of 30.3x.
  • The 3-year average PS ratio of 1.3x is lower than the industry's current PS ratio of 1.5x.
Past Earnings Growth
  • The earnings for companies in the Wireless Telecom industry have declined 9.4% per year over the last three years.
  • Meanwhile revenues for these companies have grown 7.0% 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 Market3.47%
Telecom4.15%
Wireless Telecom4.23%
Wireless Telecom Services4.23%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
MTN MTN GroupR164.784.4%
+R12.8b		94.8%PE40x
VOD Vodacom GroupR138.834.0%
+R10.3b		36.5%PE14.2x

Latest News

VOD
R138.83
Vodacom Group
7D
4.0%
1Y
36.5%

VOD: Dividend, Margins And Safaricom Stake Moves Will Shape Steady Outlook

Analysts have raised their price target on Vodacom Group slightly, from ZAR 122.00 to ZAR 125.00. They cited a modestly improved profit margin outlook and a marginally lower discount rate, which more than offset slightly reduced revenue growth expectations and a marginally lower future P/E assumption.
MTN
R164.78
MTN Group
7D
4.4%
1Y
94.8%

MTN: Leadership Reset Will Drive Future Turnaround Despite Near Term Execution Risks

Analysts have modestly lowered their price target on Vail Resorts to a range of about $145 to $237 per share. This reflects concerns over softer Epic pass sales, a more guarded fiscal 2026 EBITDA outlook, and uncertainty around the pace of the company’s operational turnaround.