Telkom SA SOC (TKG) Stock Overview
Operates as an integrated communications and information technology (IT) services provider in South Africa, the United States, the United Kingdom, rest of Europe, and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 1/6 |
| Past Performance | 5/6 |
| Financial Health | 6/6 |
| Dividends | 4/6 |
TKG Community Fair Values
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Analyst Price Targets
Telkom SA SOC Ltd Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | R59.85 |
| 52 Week High | R66.61 |
| 52 Week Low | R42.30 |
| Beta | 0.49 |
| 1 Month Change | 2.20% |
| 3 Month Change | 1.98% |
| 1 Year Change | 38.54% |
| 3 Year Change | 77.65% |
| 5 Year Change | 29.24% |
| Change since IPO | 112.23% |
Recent News & Updates
Analysis Article • Jun 10
We Think Telkom SA SOC's (JSE:TKG) Robust Earnings Are Conservative
Telkom SA SOC Ltd's ( JSE:TKG ) earnings announcement last week was disappointing for investors, despite the decent...
Narrative Update • Jun 03
TKG: Governance Changes And Margin Outlook Will Support Measured Fair Value
Analysts have trimmed their price target for Telkom SA SOC slightly to ZAR66.08 from ZAR66.30, reflecting updated assumptions around discount rates, modest revenue growth and profit margins, and a recalibrated future P/E multiple. What's in the News Telkom SA SOC has scheduled a Board meeting for Mar 27, 2026, to consider various changes to its Board Committees.Analysis Article • Jun 01
Here's Why Telkom SA SOC (JSE:TKG) Has Caught The Eye Of Investors
The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...Recent updates
Analysis Article • Jun 10
We Think Telkom SA SOC's (JSE:TKG) Robust Earnings Are Conservative
Telkom SA SOC Ltd's ( JSE:TKG ) earnings announcement last week was disappointing for investors, despite the decent...Narrative Update • Jun 03
TKG: Governance Changes And Margin Outlook Will Support Measured Fair Value
Analysts have trimmed their price target for Telkom SA SOC slightly to ZAR66.08 from ZAR66.30, reflecting updated assumptions around discount rates, modest revenue growth and profit margins, and a recalibrated future P/E multiple. What's in the News Telkom SA SOC has scheduled a Board meeting for Mar 27, 2026, to consider various changes to its Board Committees.Analysis Article • Jun 01
Here's Why Telkom SA SOC (JSE:TKG) Has Caught The Eye Of Investors
The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...Narrative Update • May 09
TKG: Higher Margin Outlook Will Support Stronger Fair Value Estimate
Analysts have lifted their ZAR fair value estimate for Telkom SA SOC from ZAR56.50 to ZAR66.30, citing updated assumptions around discount rate, profit margin and future P/E as key drivers of the higher price target. What's in the News A board meeting is scheduled for March 27, 2026, to consider various changes to Telkom SA SOC's board committees, with effect from May 1, 2026 (Key Developments).
Narrative Update • Apr 20
TKG: Stable Outlook As Committee Changes And Margin Assumptions Shape Future P/E
Analysts have lifted their price target for Telkom SA SOC from ZAR54.00 to ZAR58.00, citing refined assumptions around the discount rate, revenue growth, profit margin and future P/E that slightly adjust their valuation framework. What's in the News Telkom SA SOC has scheduled a Board meeting for March 27, 2026, to review various changes to its Board Committees, effective May 1, 2026 (company event filing).Narrative Update • Apr 06
TKG: Stable Outlook As Margin Assumptions Rise But P/E Expectations Ease
Analysts have kept their ZAR54.00 price target for Telkom SA SOC unchanged, citing small adjustments to discount rate and revenue growth assumptions, along with a higher expected profit margin and a lower future P/E as key drivers of their updated view. What's in the News Telkom SA SOC Ltd has scheduled a Board meeting for Mar 27, 2026, focused on considering various changes to its Board Committees with effect from May 1, 2026 (Key Developments).Narrative Update • Mar 23
TKG: Higher Required Returns And Rich P/E Will Limit Future Upside
Analysts have raised their price target on Telkom SA SOC from ZAR51.00 to ZAR54.00, citing updated assumptions for fair value, discount rate, revenue growth, profit margin and future P/E as the key drivers behind the revision. Valuation Changes Fair Value: revised from ZAR51.00 to ZAR54.00, reflecting a modest uplift in the estimated equity value per share.Narrative Update • Mar 08
TKG: Unchanged Fair Value Will Constrain Future Upside Potential
Analysts have kept their ZAR51.00 price target for Telkom SA SOC unchanged, citing only marginal adjustments to assumptions for the discount rate, revenue growth, profit margin and future P/E that were not material enough to shift their valuation view. Valuation Changes Fair Value: ZAR51.00 remains unchanged, with no adjustment to the overall valuation outcome.Narrative Update • Feb 22
TKG: Lower Margin And P/E Assumptions Will Limit Future Upside
Analysts have kept their ZAR51.00 price target for Telkom SA SOC unchanged, citing only modest tweaks to the discount rate, revenue growth, profit margin, and forward P/E assumptions that did not materially alter their overall valuation view. Valuation Changes Fair Value: ZAR51.00 remains unchanged, indicating no shift in the overall valuation anchor used.Analysis Article • Feb 16
Telkom SA SOC Ltd's (JSE:TKG) Business Is Trailing The Market But Its Shares Aren't
With a median price-to-earnings (or "P/E") ratio of close to 10x in South Africa, you could be forgiven for feeling...Narrative Update • Feb 08
TKG: Lower Discount Rate And Firmer Margins Will Support Fair Value
Analysts have lifted their price target for Telkom SA SOC from R53.00 to R56.50, citing updated assumptions around discount rates, revenue growth, profit margins and future P/E expectations as the key drivers of the change. Valuation Changes Fair Value: Analyst fair value estimate increased from ZAR53.00 to ZAR56.50.Narrative Update • Jan 23
TKG: Higher Required Return And Lower Margins Will Pressure Future Upside
Analysts have revised their fair value estimate for Telkom SA SOC from R45 to R51, citing updated assumptions for discount rates, revenue growth, profit margins and future P/E levels. Valuation Changes The Fair Value Estimate was increased from ZAR45 to ZAR51, reflecting a higher assessed equity value per share.
Narrative Update • Jan 08
TKG: Outlook Will Balance Higher Return Assumptions With Stable Profitability Expectations
Analysts have maintained their fair value estimate for Telkom SA SOC at R60.00. They cited only minor adjustments to assumptions such as discount rate, revenue growth, profit margin and forward P/E, which were not significant enough to change the overall price target.Analysis Article • Jan 01
These 4 Measures Indicate That Telkom SA SOC (JSE:TKG) Is Using Debt Reasonably Well
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Narrative Update • Dec 23
TKG: Outlook Will Balance Higher Required Returns With Moderated Profitability Expectations
Analysts have lowered their 12 month price target on Telkom SA SOC from R88.00 to R60.00. This reflects more cautious assumptions around revenue growth, profit margins, and valuation multiples.Narrative Update • Dec 09
TKG: Future Earnings Multiple Will Offset Softer Margins And Growth Expectations
Analysts have trimmed their price target on Telkom SA SOC slightly to R53.00 from R53.40, citing a higher perceived discount rate, more muted revenue growth expectations, and softer profit margin forecasts, partially offset by a higher future P/E multiple assumption. Valuation Changes The consensus analyst price target decreased slightly from ZAR 53.40 to ZAR 53.00, reflecting a modest downward revision in fair value.Narrative Update • Nov 25
TKG: Market Reactions Will Balance Fibre Acquisition Rumours and Margin Concerns
Analysts have revised their price target for Telkom SA SOC downward from R60.25 to R53.40. They cite anticipated shifts in discount rates and profit margins, even though revenue growth projections are slightly higher.Analysis Article • Oct 28
Telkom SA SOC Ltd's (JSE:TKG) Share Price Not Quite Adding Up
There wouldn't be many who think Telkom SA SOC Ltd's ( JSE:TKG ) price-to-earnings (or "P/E") ratio of 9x is worth a...Analysis Article • Sep 26
We Ran A Stock Scan For Earnings Growth And Telkom SA SOC (JSE:TKG) Passed With Ease
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...Narrative Update • Sep 09
Infrastructure Monetization And CapEx Optimization Will Improve Operational Efficiency
Despite a slight downgrade in revenue growth forecasts, a meaningful expansion in Telkom SA SOC’s future P/E multiple has driven the consensus analyst price target up from ZAR53.50 to ZAR60.25. What's in the News MTN Group is considering reviving acquisition talks with Telkom SA SOC, potentially adding Telkom’s 23 million subscribers to its existing 298 million across Africa, although there is no guarantee a deal will be reached.Analysis Article • Aug 15
Here's Why Telkom SA SOC Ltd's (JSE:TKG) CEO Compensation Is The Least Of Shareholders' Concerns
JSE:TKG 1 Year Share Price vs Fair Value Explore Telkom SA SOC's Fair Values from the Community and select yours Key...Analysis Article • Jul 17
We Think Telkom SA SOC (JSE:TKG) Can Stay On Top Of Its Debt
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...Analysis Article • Jun 25
Telkom SA SOC Ltd's (JSE:TKG) 30% Price Boost Is Out Of Tune With Earnings
Telkom SA SOC Ltd ( JSE:TKG ) shareholders have had their patience rewarded with a 30% share price jump in the last...
New Narrative • Feb 20
Infrastructure Monetization And CapEx Optimization Will Improve Operational Efficiency
Telkom's growth in mobile and fiber data revenue and strategic asset disposals suggest strong potential for revenue and earnings enhancement.Analysis Article • Jun 10
Telkom SA SOC's (JSE:TKG) Returns On Capital Not Reflecting Well On The Business
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Ideally, a business...Analysis Article • Feb 21
Returns On Capital At Telkom SA SOC (JSE:TKG) Paint A Concerning Picture
What are the early trends we should look for to identify a stock that could multiply in value over the long term...Analysis Article • Jan 26
Telkom SA SOC (JSE:TKG) Has A Somewhat Strained Balance Sheet
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Analysis Article • Oct 26
Be Wary Of Telkom SA SOC (JSE:TKG) And Its Returns On Capital
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...Shareholder Returns
| TKG | ZA Telecom | ZA Market | |
|---|---|---|---|
| 7D | 2.1% | -2.5% | -0.5% |
| 1Y | 38.5% | 8.9% | 14.1% |
Return vs Industry: TKG exceeded the ZA Telecom industry which returned 8.9% over the past year.
Return vs Market: TKG exceeded the ZA Market which returned 14.1% over the past year.
Price Volatility
| TKG volatility | |
|---|---|
| TKG Average Weekly Movement | 5.7% |
| Telecom Industry Average Movement | 4.6% |
| Market Average Movement | 4.9% |
| 10% most volatile stocks in ZA Market | 11.2% |
| 10% least volatile stocks in ZA Market | 3.1% |
Stable Share Price: TKG has not had significant price volatility in the past 3 months compared to the ZA market.
Volatility Over Time: TKG's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1991 | 9,492 | Serame Taukobong | www.telkom.co.za |
Telkom SA SOC Ltd operates as an integrated communications and information technology (IT) services provider in South Africa, the United States, the United Kingdom, rest of Europe, and internationally. It operates through Openserve, Telkom Consumer, BCX, Gyro, and Other segments. The company offers mobile and fixed-line telecommunication services, including broadband, optical and carrier, business-to-business connectivity, interconnect-based services, broadband data, voice, content, and gaming solutions; and small and medium entity information, communication, and technology solutions, as well as business mobility, global telecommunication, CPE-related services, converged communication, managed application-centric data networking, managed local area networking, unified collaboration as a service, and internet and value-added services.
Telkom SA SOC Ltd Fundamentals Summary
| TKG fundamental statistics | |
|---|---|
| Market cap | R29.97b |
| Earnings (TTM) | R3.54b |
| Revenue (TTM) | R44.72b |
8.5x
P/E Ratio0.7x
P/S RatioIs TKG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| TKG income statement (TTM) | |
|---|---|
| Revenue | R44.72b |
| Cost of Revenue | R24.65b |
| Gross Profit | R20.08b |
| Other Expenses | R16.53b |
| Earnings | R3.54b |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
Nov 17, 2026
| Earnings per share (EPS) | 7.08 |
| Gross Margin | 44.89% |
| Net Profit Margin | 7.92% |
| Debt/Equity Ratio | 19.4% |
How did TKG perform over the long term?
See historical performance and comparisonDividends
4.5%
Current Dividend Yield38%
Payout RatioDoes TKG pay a reliable dividends?
See TKG dividend history and benchmarks| Telkom SA SOC dividend dates | |
|---|---|
| Ex Dividend Date | Jun 24 2026 |
| Dividend Pay Date | Jun 29 2026 |
| Days until Ex dividend | 11 days |
| Days until Dividend pay date | 16 days |
Does TKG pay a reliable dividends?
See TKG dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/12 14:32 |
| End of Day Share Price | 2026/06/11 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2026/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Telkom SA SOC Ltd is covered by 17 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jonathan Bradley | Absa Bank Limited |
| Niel Venter | Absa Bank Limited |
| Tibor Bokor | Arqaam Capital Research Offshore S.A.L. |