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Kenyan (NSE) Telecom Sector Analysis

UpdatedMay 30, 2024
DataAggregated Company Financials
Companies6
  • 7D-2.9%
  • 3M38.1%
  • 1Y10.4%
  • YTD33.1%

Over the last 7 days, the Telecom industry has dropped 2.9%, driven by Safaricom declining 2.9%. This takes the industry's 12 month performance to a gain of 10%. Earnings are forecast to grow by 6.8% annually.

Sector Valuation and Performance

Has the Kenyan Telecom Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 30 May 2024KSh741.3bKSh363.3bKSh61.7b9.6x12x2x
Sat, 27 Apr 2024KSh658.9bKSh330.0bKSh61.8b38.5x10.7x2x
Mon, 25 Mar 2024KSh677.2bKSh330.0bKSh61.8b40.3x11x2.1x
Wed, 21 Feb 2024KSh546.8bKSh330.4bKSh62.6b10.4x8.7x1.7x
Fri, 19 Jan 2024KSh564.9bKSh330.7bKSh62.6b10.5x9x1.7x
Sun, 17 Dec 2023KSh570.9bKSh338.2bKSh62.4b10.5x9.1x1.7x
Tue, 14 Nov 2023KSh546.8bKSh338.2bKSh62.4b10.3x8.8x1.6x
Thu, 12 Oct 2023KSh563.1bKSh327.0bKSh61.8b10.5x9.1x1.7x
Sat, 09 Sep 2023KSh627.4bKSh327.0bKSh61.8b11x10.2x1.9x
Mon, 07 Aug 2023KSh679.6bKSh327.1bKSh61.6b11.5x11x2.1x
Wed, 05 Jul 2023KSh717.6bKSh329.7bKSh61.6b11.8x11.7x2.2x
Fri, 02 Jun 2023KSh671.5bKSh330.1bKSh61.8b9.2x10.9x2x
Sun, 30 Apr 2023KSh666.6bKSh324.4bKSh66.0b8x10.1x2.1x
Tue, 28 Mar 2023KSh760.9bKSh324.4bKSh66.0b8.6x11.5x2.3x
Thu, 23 Feb 2023KSh947.3bKSh324.4bKSh66.0b10.1x14.4x2.9x
Sat, 21 Jan 2023KSh909.5bKSh324.9bKSh66.1b13.7x13.8x2.8x
Mon, 19 Dec 2022KSh1.0tKSh323.7bKSh65.1b15.2x15.5x3.1x
Wed, 16 Nov 2022KSh1.0tKSh316.1bKSh68.7b14.4x14.7x3.2x
Fri, 14 Oct 2022KSh1.0tKSh316.1bKSh68.7b14.9x15.2x3.3x
Sun, 11 Sep 2022KSh1.2tKSh316.4bKSh69.0b16.8x17.1x3.7x
Tue, 09 Aug 2022KSh1.2tKSh316.4bKSh69.0b17.3x17.5x3.8x
Thu, 07 Jul 2022KSh1.1tKSh316.4bKSh69.0b16x16.2x3.5x
Sat, 04 Jun 2022KSh1.1tKSh316.0bKSh69.1b15.1x15.3x3.3x
Mon, 02 May 2022KSh1.4tKSh303.8bKSh72.1b18.6x18.8x4.5x
Wed, 30 Mar 2022KSh1.4tKSh303.8bKSh72.1b19.5x19.8x4.7x
Fri, 25 Feb 2022KSh1.4tKSh303.8bKSh72.1b19.1x19.3x4.6x
Sun, 23 Jan 2022KSh1.5tKSh303.8bKSh72.1b20.6x20.9x5x
Tue, 21 Dec 2021KSh1.5tKSh303.8bKSh72.1b21x21.2x5x
Thu, 18 Nov 2021KSh1.6tKSh303.6bKSh72.0b13.9x22.4x5.3x
Sat, 16 Oct 2021KSh1.7tKSh281.8bKSh67.9b15.8x25.6x6.2x
Mon, 13 Sep 2021KSh1.7tKSh281.8bKSh67.4b16.1x25.4x6.1x
Wed, 11 Aug 2021KSh1.7tKSh281.8bKSh67.4b16.2x25.7x6.1x
Sun, 06 Jun 2021KSh1.6tKSh281.4bKSh67.0b17x24.6x5.8x
Price to Earnings Ratio

24.6x


Total Market Cap: KSh1.6tTotal Earnings: KSh67.0bTotal Revenue: KSh281.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Kenyan Telecom Sector Price to Earnings3Y Average 15.6x202220232024
Current Industry PE
  • Investors are pessimistic on the Kenyan Communication 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 12.0x which is lower than its 3-year average PE of 15.6x.
  • The 3-year average PS ratio of 3.4x is higher than the industry's current PS ratio of 2.0x.
Past Earnings Growth
  • The earnings for companies in the Communication Services industry have declined 2.7% per year over the last three years.
  • Meanwhile revenues for these companies have grown 8.9% 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 Kenyan Telecom sector?

KE Market-0.96%
Telecom-2.88%
Media1.13%
Entertainment0%
Interactive Media and Services0%
Telecom Services and Carriers0%
Wireless Telecom-2.91%
Industry PE
  • Investors are most optimistic about the Wireless Telecom industry even though it's trading below its 3-year average PE ratio of 15.3x.
    • Analysts are expecting annual earnings growth of 6.8%, which is higher than its past year's earnings growth of 1.2% per year.
Forecasted Growth
  • Analysts are most optimistic on the Wireless Telecom industry, expecting annual earnings growth of 6.8% over the next 5 years.
  • This is better than its past earnings growth rate of 1.2% per year.
  • In contrast, the Wireless Telecom industry is expected to see its earnings grow by 6.8% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
SCOM SafaricomKSh18.050.3%
+KSh2.0b		8.7%PE11.5x
NMG Nation Media GroupKSh20.601.7%
+KSh66.6m		4.0%PS0.6x
SGL Standard GroupKSh6.500.3%
+KSh1.6m		-27.9%PS0.2x
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Latest News

SCOM

KSh18.05

Safaricom

7D

0.3%

1Y

8.7%

NMG

KSh20.60

Nation Media Group

7D

1.7%

1Y

4.0%

SGL

KSh6.50

Standard Group

7D

0.3%

1Y

-27.9%

LKL

KSh2.40

Longhorn Publishers

7D

-4.0%

1Y

4.3%

SCAN

KSh2.17

WPP Scangroup

7D

-5.2%

1Y

-24.7%