Valuation : Maroc Telecom

Market Cap 8.78TCr 940.48Cr 812.63Cr 763.53Cr 695.93Cr 1.31TCr 89TCr 1.32TCr 9.05TCr 3.52TCr 45TCr 3.53TCr 3.45TCr 1,50700Cr P/E 2026 *
15.9x
P/E 2027 * 15.6x
Enterprise Value 10TCr 1.1TCr 950.56Cr 893.13Cr 814.06Cr 1.53TCr 1,04500Cr 1.54TCr 11TCr 4.12TCr 53TCr 4.13TCr 4.04TCr 1,76300Cr EV / Sales 2026 *
2.72x
EV / Sales 2027 * 2.73x
Free-Float
24.96%
Yield 2026 *
4.25%
Yield 2027 * 4.33%
1 day+0.45%
1 week-0.22%
Current month+0.45%
1 month+0.89%
3 months+3.44%
6 months-6.53%
Current year-9.80%
1 week 8.98
Extreme 8.98
9.12
1 month 8.58
Extreme 8.58
9.12
Current year 8.4
Extreme 8.4
10.5
1 year 8.4
Extreme 8.4
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 - -
Chief Tech/Sci/R&D Officer 64 05/12/2014
Director TitleAgeSince
Director/Board Member - 21/07/2017
Director/Board Member - -
Chairman - 25/10/2021
Change 5-day change 1-year change 3-year change Capi.($)
+0.45%-0.22% - - 945.38Cr
+0.32%-3.46%-11.12%+18.48% 22TCr
+0.56%+0.30%+13.72%+43.80% 21TCr
0.00%-2.37%-9.10%+43.75% 16TCr
+1.80%+5.47%+12.71%+4.34% 8.79TCr
+0.41%+1.65%-15.17%+31.20% 8.22TCr
-0.05%-2.92%+5.49%+22.12% 6.91TCr
-0.85%-0.05%+5.52%+11.41% 5.95TCr
-0.44%+2.26%+5.12%+90.72% 5.83TCr
0.00%-0.74%+18.36%+7.86% 5.07TCr
Average +0.19%-0.04%+2.84%+30.41% 11.08TCr
Weighted average by Cap. +0.24%-0.57%+0.74%+31.08%

Financials

2026 *2027 *
Net sales 3.78TCr 404.88Cr 349.84Cr 328.71Cr 299.6Cr 563.53Cr 38TCr 566.64Cr 3.9TCr 1.51TCr 20TCr 1.52TCr 1.49TCr 65TCr 3.78TCr 405.22Cr 350.14Cr 328.98Cr 299.86Cr 564Cr 39TCr 567.12Cr 3.9TCr 1.52TCr 20TCr 1.52TCr 1.49TCr 65TCr
Net income 552Cr 59Cr 51Cr 48Cr 44Cr 82Cr 5.62TCr 83Cr 568.75Cr 221.21Cr 2.86TCr 222.13Cr 217.14Cr 9.47TCr 563Cr 60Cr 52Cr 49Cr 45Cr 84Cr 5.73TCr 84Cr 580.09Cr 225.62Cr 2.91TCr 226.56Cr 221.47Cr 9.66TCr
Net Debt 1.49TCr 159.63Cr 137.93Cr 129.6Cr 118.13Cr 222.18Cr 15TCr 223.41Cr 1.54TCr 597.32Cr 7.71TCr 599.79Cr 586.31Cr 26TCr 1.54TCr 164.47Cr 142.12Cr 133.53Cr 121.71Cr 228.92Cr 16TCr 230.19Cr 1.58TCr 615.43Cr 7.95TCr 617.98Cr 604.09Cr 26TCr
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
7,933
Date Price Change
01/26/01 €9.020 +0.45%
31/26/31 €8.980 0.00%
28/26/28 €8.980 -1.10%
27/26/27 €9.080 -0.44%
26/26/26 €9.120 +0.22%
Trader
Investor
Global
Quality
ESG MSCI
B
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
3
Last Close Price
99.89MAD
Average target price
108.07MAD
Spread / Average Target
+8.19%

Quarterly revenue - Rate of surprise