Valuation: Maroc Telecom

Market Cap 8.09TCr 862.59Cr 753.73Cr 692.14Cr 645.46Cr 1.22TCr 82TCr 1.24TCr 8.33TCr 3.23TCr 40TCr 3.24TCr 3.17TCr 1,38800Cr P/E 2026 *
14.9x
P/E 2027 * 14.7x
Enterprise Value 9.78TCr 1.04TCr 911.88Cr 837.36Cr 780.89Cr 1.48TCr 99TCr 1.51TCr 10TCr 3.91TCr 49TCr 3.92TCr 3.83TCr 1,67900Cr EV / Sales 2026 *
2.64x
EV / Sales 2027 * 2.57x
Free-Float
24.96%
Yield 2026 *
4.59%
Yield 2027 * 4.67%
1 day-1.86%
1 week-0.24%
Current month-1.17%
1 month-4.10%
3 months-3.77%
6 months-14.95%
Current year-15.80%
1 week 8.42
Extreme 8.42
8.58
1 month 8.42
Extreme 8.42
9.36
Current year 8.42
Extreme 8.42
10.5
1 year 8.42
Extreme 8.42
11.8
3 years 7.1
Extreme 7.1
11.8
5 years 7
Extreme 7
14
10 years 7
Extreme 7
14.8
Manager TitleAgeSince
Chief Executive Officer 65 01/03/2025
Director of Finance/CFO - -
Corporate Officer/Principal - -
Director TitleAgeSince
Director/Board Member - 21/07/2017
Director/Board Member 57 22/07/2016
Director/Board Member - -
Change 5-day change 1-year change 3-year change Capi.($)
-1.86%-0.24% - - 859.01Cr
+0.52%-0.65%-10.94%+19.22% 21TCr
+1.36%-7.62%-2.36%+14.44% 18TCr
+3.33%-4.24%-19.21%+25.65% 13TCr
-0.53%-2.65%+31.96%+20.54% 7.73TCr
+0.62%+1.94%-4.67%-14.08% 7.16TCr
+0.46%+0.46%-21.82%+15.00% 6.78TCr
-0.73%-1.37%+3.10%-1.64% 5.79TCr
-0.45%+0.23%+15.03%+75.49% 5.6TCr
+0.67%-6.67%+19.68%+48.29% 4.77TCr
Average +0.35%-2.31%+1.19%+22.55% 10TCr
Weighted average by Cap. +0.86%-2.96%-2.99%+20.09%

Financials

2026 *2027 *
Net sales 3.71TCr 395.17Cr 345.3Cr 317.08Cr 295.7Cr 560.58Cr 38TCr 570.04Cr 3.82TCr 1.48TCr 18TCr 1.48TCr 1.45TCr 64TCr 3.76TCr 400.55Cr 350Cr 321.4Cr 299.72Cr 568.21Cr 38TCr 577.79Cr 3.87TCr 1.5TCr 19TCr 1.5TCr 1.47TCr 64TCr
Net income 544.45Cr 58Cr 51Cr 47Cr 43Cr 82Cr 5.53TCr 84Cr 561Cr 217.41Cr 2.71TCr 218.04Cr 213.3Cr 9.34TCr 551.75Cr 59Cr 51Cr 47Cr 44Cr 83Cr 5.6TCr 85Cr 568.52Cr 220.33Cr 2.75TCr 220.96Cr 216.16Cr 9.47TCr
Net Debt 1.7TCr 180.98Cr 158.14Cr 145.22Cr 135.43Cr 256.74Cr 17TCr 261.07Cr 1.75TCr 677.62Cr 8.45TCr 679.56Cr 664.79Cr 29TCr 1.56TCr 166.17Cr 145.2Cr 133.33Cr 124.34Cr 235.72Cr 16TCr 239.7Cr 1.61TCr 622.15Cr 7.76TCr 623.93Cr 610.37Cr 27TCr
Logo Maroc Telecom
Maroc Telecom is Morocco's No. 1 telecommunications operator. Net sales (including intra-group) break down by activity as follows: - mobile telephony (72.4%): 19.2 million customers in Morocco at the end of 2025, distributed between customers with prepaid cards (16.5 million) and with post-paid subscriptions (2.8 million). At the end of 2025, the group owned 11,071 base stations; - fixed telephony and Internet (27.6%): fixed telephony services (1.6 million lines installed in Morocco as of the end of 2025), interconnection services, data transmission, and Internet access (1,419,000 subscribers). Products and services are marketed through a network of 377 owned branches, more than 70,000 group-approved points of sale (tobacconists, local shops, etc.) and independent distribution channels. 50.6% of net sales (including intra-group) are abroad.
Employees
8,270
Date Price Change
02/26/02 €8.420 -1.86%
01/26/01 €8.580 +0.70%
30/26/30 €8.520 0.00%
29/26/29 €8.520 +0.71%
26/26/26 €8.460 +0.24%
Trader
Investor
Global
Quality
ESG MSCI
B
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
3
Last Close Price
92.00MAD
Average target price
107.67MAD
Spread / Average Target
+17.03%

Quarterly revenue - Rate of surprise