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South African (JSE) Wireless Telecom Industry Analysis

UpdatedDec 26, 2025
DataAggregated Company Financials
Companies4
  • 7D3.3%
  • 3M12.1%
  • 1Y62.8%
  • YTD53.1%

Over the last 7 days, the Wireless Telecom industry has risen 1.4%, driven by gains from every company within the industry. In the last 12 months, the industry was up 63%. As for the next few years, earnings are expected to grow by 30% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 26 Dec 2025R596.2bR367.0bR26.4b27.3x22.6x1.6x
Sun, 23 Nov 2025R576.3bR367.0bR26.4b27.6x21.8x1.6x
Tue, 21 Oct 2025R562.4bR359.0bR24.1b27.8x23.3x1.6x
Thu, 18 Sep 2025R529.8bR359.0bR24.1b25.7x21.9x1.5x
Sat, 16 Aug 2025R587.6bR340.8bR7.0b16.7x83.9x1.7x
Mon, 14 Jul 2025R524.9bR340.8bR7.0b16.1x74.9x1.5x
Wed, 11 Jun 2025R504.9bR340.8bR7.0b15.9x72.1x1.5x
Fri, 09 May 2025R470.3bR339.9bR5.2b17.3x91.2x1.4x
Sun, 06 Apr 2025R415.2bR339.9bR5.2b15.2x80.5x1.2x
Tue, 04 Mar 2025R438.9bR350.5bR7.3b15.3x60x1.3x
Thu, 30 Jan 2025R417.4bR350.5bR7.3b14.2x57.1x1.2x
Sat, 28 Dec 2024R365.9bR350.5bR7.3b13.4x50x1x
Mon, 25 Nov 2024R343.6bR350.5bR7.3b13.4x47x1x
Wed, 23 Oct 2024R372.5bR349.8bR8.9b12.9x42.1x1.1x
Fri, 20 Sep 2024R388.0bR349.8bR8.9b13.2x43.8x1.1x
Sun, 18 Aug 2024R363.6bR371.9bR20.4b25.8x17.8x1x
Tue, 16 Jul 2024R338.1bR371.9bR20.4b23.7x16.6x0.9x
Thu, 13 Jun 2024R319.9bR371.9bR20.4b23.3x15.7x0.9x
Sat, 11 May 2024R352.1bR359.6bR21.5b26x16.4x1x
Mon, 08 Apr 2024R363.7bR359.6bR21.5b26.8x16.9x1x
Wed, 06 Mar 2024R330.4bR361.1bR37.9b8.8x8.7x0.9x
Fri, 02 Feb 2024R357.5bR361.1bR37.9b9.5x9.4x1x
Sun, 31 Dec 2023R413.8bR361.1bR37.9b11x10.9x1.1x
Tue, 28 Nov 2023R390.0bR361.1bR37.9b10.4x10.3x1.1x
Thu, 26 Oct 2023R384.7bR342.0bR37.3b10.5x10.3x1.1x
Sat, 23 Sep 2023R411.1bR342.0bR37.3b11.1x11x1.2x
Mon, 21 Aug 2023R444.9bR342.0bR37.3b12x11.9x1.3x
Wed, 19 Jul 2023R465.3bR326.2bR36.1b12.9x12.9x1.4x
Fri, 16 Jun 2023R493.0bR326.2bR36.1b13.7x13.7x1.5x
Sun, 14 May 2023R428.5bR313.6bR35.7b12.1x12x1.4x
Tue, 11 Apr 2023R477.7bR313.6bR35.7b13.5x13.4x1.5x
Thu, 09 Mar 2023R508.1bR299.3bR35.5b14.4x14.3x1.7x
Sat, 04 Feb 2023R499.0bR299.3bR35.5b14.1x14.1x1.7x
Mon, 02 Jan 2023R467.3bR299.3bR35.5b13.3x13.2x1.6x
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 30.3x20242025
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 22.6x 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 1.6x.
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 Market2.14%
Telecom3.13%
Wireless Telecom3.32%
Wireless Telecom Services3.32%
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 GroupR166.394.9%
+R14.3b		96.7%PE40.4x
VOD Vodacom GroupR138.291.7%
+R4.5b		36.0%PE14.2x
CCD Cell C HoldingsR27.950.07%
+R10.0m		n/an/a

Latest News

VOD
R138.29
Vodacom Group
7D
1.7%
1Y
36.0%

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
R166.39
MTN Group
7D
4.9%
1Y
96.7%

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.