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South African (JSE) Wireless Telecom Industry Analysis

UpdatedJun 27, 2026
DataAggregated Company Financials
Companies4
  • 7D-0.4%
  • 3M9.9%
  • 1Y35.6%
  • YTD20.0%

The Wireless Telecom industry has stayed flat over the last week. As for the the longer term, the industry is up 36% over the past 12 months. Earnings are forecast to grow by 26% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 27 Jun 2026R723.9bR409.8bR46.6b14.1x15.5x1.8x
Mon, 25 May 2026R693.8bR409.8bR46.6b14.2x14.9x1.7x
Wed, 22 Apr 2026R665.0bR402.5bR44.8b15x14.8x1.7x
Fri, 20 Mar 2026R665.1bR402.5bR44.8b14.9x14.8x1.7x
Sun, 15 Feb 2026R677.6bR367.0bR26.4b31.3x25.7x1.8x
Tue, 13 Jan 2026R624.4bR367.0bR26.4b28.6x23.6x1.7x
Thu, 11 Dec 2025R570.8bR367.0bR26.4b25.9x21.6x1.6x
Sat, 08 Nov 2025R564.7bR359.0bR24.1b27.9x23.4x1.6x
Mon, 06 Oct 2025R528.9bR359.0bR24.1b25.6x21.9x1.5x
Wed, 03 Sep 2025R530.3bR359.0bR24.1b25.4x22x1.5x
Fri, 01 Aug 2025R545.8bR340.8bR7.0b16.2x77.9x1.6x
Sun, 29 Jun 2025R516.9bR340.8bR7.0b15.9x73.8x1.5x
Tue, 27 May 2025R476.8bR340.8bR7.0b15.7x68.1x1.4x
Thu, 24 Apr 2025R448.5bR339.9bR5.2b16.8x87x1.3x
Sat, 22 Mar 2025R439.3bR339.9bR5.2b15.3x85.2x1.3x
Mon, 17 Feb 2025R430.7bR350.5bR7.3b15.5x58.9x1.2x
Wed, 15 Jan 2025R376.1bR350.5bR7.3b13.6x51.4x1.1x
Fri, 13 Dec 2024R360.8bR350.5bR7.3b13.9x49.3x1x
Sun, 10 Nov 2024R354.5bR349.8bR8.9b12.4x40x1x
Tue, 08 Oct 2024R358.6bR349.8bR8.9b12.5x40.5x1x
Thu, 05 Sep 2024R371.2bR349.8bR8.9b13.1x41.9x1.1x
Sat, 03 Aug 2024R325.9bR371.9bR20.4b22.4x16x0.9x
Mon, 01 Jul 2024R342.2bR371.9bR20.4b24.5x16.8x0.9x
Wed, 29 May 2024R336.3bR371.9bR20.4b24.4x16.5x0.9x
Fri, 26 Apr 2024R322.1bR359.6bR21.5b23.4x15x0.9x
Sun, 24 Mar 2024R350.7bR361.1bR37.9b9.4x9.2x1x
Tue, 20 Feb 2024R343.3bR361.1bR37.9b9.1x9x1x
Thu, 18 Jan 2024R402.0bR361.1bR37.9b10.7x10.6x1.1x
Sat, 16 Dec 2023R407.3bR361.1bR37.9b10.8x10.7x1.1x
Mon, 13 Nov 2023R376.5bR342.0bR37.3b10.3x10.1x1.1x
Wed, 11 Oct 2023R403.2bR342.0bR37.3b10.9x10.8x1.2x
Fri, 08 Sep 2023R431.7bR342.0bR37.3b11.7x11.6x1.3x
Sun, 06 Aug 2023R453.2bR326.2bR36.1b12.6x12.6x1.4x
Tue, 04 Jul 2023R474.7bR326.2bR36.1b13.2x13.1x1.5x
Price to Earnings Ratio

13.1x


Total Market Cap: R474.7bTotal Earnings: R36.1bTotal Revenue: R326.2bTotal Market Cap vs Earnings and Revenue0%0%0%
South African Wireless Telecom Industry Price to Earnings3Y Average 31.2x202420252026
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 15.6x which is lower than its 3-year average PE of 31.2x.
  • The 3-year average PS ratio of 1.3x is lower than the industry's current PS ratio of 1.8x.
Past Earnings Growth
  • The earnings for companies in the Wireless Telecom industry have grown 8.9% per year over the last three years.
  • Revenues for these companies have grown 7.9% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the South African Telecom industry?

ZA Market-2.24%
Telecom-0.80%
Wireless Telecom-0.36%
Wireless Telecom Services-0.36%
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
VOD Vodacom GroupR151.002.4%
+R7.0b		10.5%PE14.1x

Latest News

MTN
R225.97
MTN Group
7D
-2.0%
1Y
61.4%
Narrative Update • Jun 16

MTN: Fintech Partnership And Dividend Discipline Will Shape Future Share Balance

Analysts have slightly reduced their fair value estimate for MTN Group, trimming the price target from ZAR225.00 to about ZAR224.44 as they refine assumptions around growth, margins and future P/E based on their latest research. Analyst Commentary Analysts covering MTN Group see a mix of positives and risks, which is reflected in the very small trim to the fair value estimate.
VOD
R151.00
Vodacom Group
7D
2.4%
1Y
10.5%
Narrative Update • Jun 15

VOD: Neutral Stance And EPS Guidance Will Shape Balanced Medium Term Outlook

Analysts have lifted Vodacom Group's price target from ZAR151.88 to ZAR158.85, reflecting updated views on its growth, profitability profile and P/E assumptions following recent research coverage. What's in the News Vodacom Group issued earnings guidance for the year ending 31 March 2026, indicating an expected EPS range of 1,031 cents to 1,074 cents, based on company guidance.