South African (JSE) Wireless Telecom Industry Analysis

UpdatedMar 10, 2026

DataAggregated Company Financials

Companies4

7D-8.3%
3M16.3%
1Y46.6%
YTD9.6%

Over the last 7 days, the Wireless Telecom industry has dropped 8.3%, driven by declines from every company within the industry. This takes the industry's 12 month performance to a gain of 47%. Earnings are forecast to grow by 31% annually.

Industry Valuation and Performance

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

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Tue, 10 Mar 2026	R660.2b	R382.4b	R32.1b	15.6x	20.6x	1.7x
Thu, 05 Feb 2026	R665.6b	R367.0b	R26.4b	30.6x	25.2x	1.8x
Sat, 03 Jan 2026	R594.1b	R367.0b	R26.4b	27.8x	22.5x	1.6x
Mon, 01 Dec 2025	R558.8b	R367.0b	R26.4b	26x	21.2x	1.5x
Wed, 29 Oct 2025	R584.5b	R359.0b	R24.1b	29x	24.2x	1.6x
Fri, 26 Sep 2025	R500.8b	R359.0b	R24.1b	24x	20.7x	1.4x
Sun, 24 Aug 2025	R568.7b	R359.0b	R24.1b	27.5x	23.6x	1.6x
Tue, 22 Jul 2025	R539.7b	R340.8b	R7.0b	16.7x	77x	1.6x
Thu, 19 Jun 2025	R480.8b	R340.8b	R7.0b	15x	68.6x	1.4x
Sat, 17 May 2025	R475.3b	R339.9b	R5.2b	17.4x	92.1x	1.4x
Mon, 14 Apr 2025	R424.1b	R339.9b	R5.2b	15.9x	82.2x	1.2x
Wed, 12 Mar 2025	R428.0b	R350.5b	R7.3b	15.2x	58.5x	1.2x
Fri, 07 Feb 2025	R443.1b	R350.5b	R7.3b	15.9x	60.6x	1.3x
Sun, 05 Jan 2025	R368.9b	R350.5b	R7.3b	13.6x	50.5x	1.1x
Tue, 03 Dec 2024	R345.1b	R350.5b	R7.3b	13.4x	47.2x	1x
Thu, 31 Oct 2024	R371.9b	R349.8b	R8.9b	13.1x	42x	1.1x
Sat, 28 Sep 2024	R391.5b	R349.8b	R8.9b	13.5x	44.2x	1.1x
Mon, 26 Aug 2024	R393.3b	R349.8b	R8.9b	13.5x	44.4x	1.1x
Wed, 24 Jul 2024	R319.2b	R371.9b	R20.4b	22.4x	15.7x	0.9x
Fri, 21 Jun 2024	R344.5b	R371.9b	R20.4b	24.7x	16.9x	0.9x
Sun, 19 May 2024	R340.0b	R371.9b	R20.4b	24.7x	16.7x	0.9x
Tue, 16 Apr 2024	R335.2b	R359.6b	R21.5b	24.4x	15.6x	0.9x
Thu, 14 Mar 2024	R334.0b	R361.1b	R37.9b	8.9x	8.8x	0.9x
Sat, 10 Feb 2024	R346.3b	R361.1b	R37.9b	9.2x	9.1x	1x
Mon, 08 Jan 2024	R408.6b	R361.1b	R37.9b	10.8x	10.8x	1.1x
Wed, 06 Dec 2023	R376.5b	R361.1b	R37.9b	10x	9.9x	1x
Fri, 03 Nov 2023	R370.8b	R342.0b	R37.3b	10.1x	9.9x	1.1x
Sun, 01 Oct 2023	R408.5b	R342.0b	R37.3b	11.1x	11x	1.2x
Tue, 29 Aug 2023	R442.1b	R342.0b	R37.3b	11.9x	11.9x	1.3x
Thu, 27 Jul 2023	R474.4b	R326.2b	R36.1b	13.2x	13.1x	1.5x
Sat, 24 Jun 2023	R469.9b	R326.2b	R36.1b	13x	13x	1.4x
Mon, 22 May 2023	R419.9b	R313.6b	R35.7b	11.9x	11.8x	1.3x
Wed, 19 Apr 2023	R467.5b	R313.6b	R35.7b	13.2x	13.1x	1.5x
Fri, 17 Mar 2023	R469.2b	R314.0b	R35.7b	13.3x	13.1x	1.5x

Price to Earnings Ratio

13.1x

Fri, 17 Mar 2023

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 20.6x which is lower than its 3-year average PE of 31.0x.

The 3-year average PS ratio of 1.3x is lower than the industry's current PS ratio of 1.7x.

Past Earnings Growth

The earnings for companies in the Wireless Telecom industry have declined 3.5% per year over the last three years.
Meanwhile revenues for these companies have grown 6.8% 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.