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South African (JSE) Wireless Telecom Services Industry Analysis

UpdatedJan 17, 2026
DataAggregated Company Financials
Companies4
  • 7D0.7%
  • 3M7.3%
  • 1Y54.8%
  • YTDn/a

Over the last 7 days, the Wireless Telecom Services industry has dropped 1.0%, driven by Vodacom Group declining 2.3%. This takes the industry's 12 month performance to a gain of 58%. Looking forward, earnings are forecast to grow by 30% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 17 Jan 2026R615.5bR367.0bR26.4b29.1x23.3x1.7x
Mon, 15 Dec 2025R568.2bR367.0bR26.4b25.8x21.5x1.5x
Wed, 12 Nov 2025R577.1bR367.0bR26.4b27.5x21.9x1.6x
Fri, 10 Oct 2025R542.3bR359.0bR24.1b26.4x22.5x1.5x
Sun, 07 Sep 2025R522.1bR359.0bR24.1b25x21.6x1.5x
Tue, 05 Aug 2025R542.9bR340.8bR7.0b16x77.5x1.6x
Thu, 03 Jul 2025R518.1bR340.8bR7.0b16.1x74x1.5x
Sat, 31 May 2025R492.5bR340.8bR7.0b16.1x70.3x1.4x
Mon, 28 Apr 2025R466.2bR339.9bR5.2b17.5x90.4x1.4x
Wed, 26 Mar 2025R464.5bR339.9bR5.2b16x90.1x1.4x
Fri, 21 Feb 2025R425.9bR350.5bR7.3b15x58.3x1.2x
Sun, 19 Jan 2025R388.8bR350.5bR7.3b13.7x53.2x1.1x
Tue, 17 Dec 2024R364.4bR350.5bR7.3b14x49.8x1x
Thu, 14 Nov 2024R352.3bR350.5bR7.3b13.6x48.2x1x
Sat, 12 Oct 2024R365.9bR349.8bR8.9b12.7x41.3x1x
Mon, 09 Sep 2024R378.9bR349.8bR8.9b13.1x42.8x1.1x
Wed, 07 Aug 2024R319.6bR371.9bR20.4b21.8x15.7x0.9x
Fri, 05 Jul 2024R342.0bR371.9bR20.4b24.3x16.8x0.9x
Sun, 02 Jun 2024R327.2bR371.9bR20.4b23.6x16.1x0.9x
Tue, 30 Apr 2024R341.0bR359.6bR21.5b25.1x15.9x0.9x
Thu, 28 Mar 2024R360.3bR359.6bR21.5b26.2x16.8x1x
Sat, 24 Feb 2024R332.1bR361.1bR37.9b8.9x8.8x0.9x
Mon, 22 Jan 2024R399.8bR361.1bR37.9b10.6x10.5x1.1x
Wed, 20 Dec 2023R400.3bR361.1bR37.9b10.6x10.5x1.1x
Fri, 17 Nov 2023R374.4bR361.1bR37.9b10x9.9x1x
Sun, 15 Oct 2023R392.0bR342.0bR37.3b10.6x10.5x1.1x
Tue, 12 Sep 2023R431.0bR342.0bR37.3b11.6x11.6x1.3x
Thu, 10 Aug 2023R448.1bR326.2bR36.1b12.5x12.4x1.4x
Sat, 08 Jul 2023R463.6bR326.2bR36.1b12.9x12.8x1.4x
Mon, 05 Jun 2023R441.2bR326.2bR36.1b12.3x12.2x1.4x
Wed, 03 May 2023R462.6bR313.6bR35.7b13.1x13x1.5x
Fri, 31 Mar 2023R470.8bR313.6bR35.7b13.3x13.2x1.5x
Sun, 26 Feb 2023R500.6bR299.3bR35.5b14.2x14.1x1.7x
Tue, 24 Jan 2023R483.8bR299.3bR35.5b13.7x13.6x1.6x
Price to Earnings Ratio

13.6x


Total Market Cap: R483.8bTotal Earnings: R35.5bTotal Revenue: R299.3bTotal Market Cap vs Earnings and Revenue0%0%0%
South African Wireless Telecom Services Industry Price to Earnings3Y Average 30.5x202420252026
Current Industry PE
  • Investors are pessimistic on the South African Wireless Telecommunication Services 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 23.1x which is lower than its 3-year average PE of 30.5x.
  • 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 Telecommunication Services 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 Comparison

How does South African Wireless Telecom Services compare with similar industries?

ZA Market1.34%
Telecom0.59%
Wireless Telecom0.69%
Wireless Telecom Services0.69%
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 GroupR179.181.9%
+R6.2b		73.9%PE43.5x

Latest News

VOD
R143.41
Vodacom Group
7D
-0.7%
1Y
37.0%

Vodacom Group Limited's (JSE:VOD) Popularity With Investors Is Under Threat From Overpricing

Jan 07
Vodacom Group Limited's (JSE:VOD) Popularity With Investors Is Under Threat From Overpricing
MTN
R179.18
MTN Group
7D
1.9%
1Y
73.9%

MTN: Lower Future P/E And Leadership Changes Will Constrain Upside Potential

Analysts have slightly reduced their fair value estimate for MTN Group to $82.69 from $83.94, citing updated assumptions for faster revenue growth, higher profit margins, and a lower future P/E multiple following recent sector and leadership changes highlighted in Street research. Analyst Commentary Bearish analysts frame the reduced fair value estimate of $82.69 as a signal that MTN Group faces a thinner margin for execution, even with updated assumptions that factor in faster revenue growth and higher profit margins.