Valuation: Maroc Telecom

Market Cap 7.98TCr 854.98Cr 749.9Cr 694.55Cr 639.06Cr 1.21TCr 82TCr 1.23TCr 8.28TCr 3.25TCr 40TCr 3.21TCr 3.14TCr 1,38800Cr P/E 2026 *
14.7x
P/E 2027 * 14.5x
Enterprise Value 9.68TCr 1.04TCr 909.32Cr 842.2Cr 774.92Cr 1.47TCr 99TCr 1.49TCr 10TCr 3.94TCr 49TCr 3.89TCr 3.81TCr 1,68300Cr EV / Sales 2026 *
2.61x
EV / Sales 2027 * 2.54x
Free-Float
24.96%
Yield 2026 *
4.65%
Yield 2027 * 4.73%
1 day+0.69%
1 week+1.38%
Current month-0.68%
1 month-2.22%
3 months-7.56%
6 months-16.19%
Current year-13.73%
1 week 8.68
Extreme 8.68
8.8
1 month 8.68
Extreme 8.68
9.1
Current year 8.68
Extreme 8.68
10.8
1 year 8.68
Extreme 8.68
11.6
3 years 7.13
Extreme 7.134
11.6
5 years 7.1
Extreme 7.1
13.9
10 years 7.1
Extreme 7.1
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.($)
+0.69%+1.38% - - 862.49Cr
-0.32%+2.40%-8.78%+22.58% 22TCr
+1.33%+1.45%+2.55%+23.21% 18TCr
+2.37%+5.11%-12.44%+35.27% 14TCr
+0.26%+0.09%+39.22%+24.60% 7.81TCr
+1.21%+1.96%-0.07%-7.14% 7.44TCr
+0.66%+4.78%-18.00%+16.75% 7.26TCr
-0.09%-0.23%+2.79%-3.56% 5.77TCr
-0.23%+0.23%+8.64%+70.54% 5.57TCr
0.00%+5.08%+16.16%-5.31% 4.9TCr
Average +0.59%+1.61%+3.34%+19.66% 10.31TCr
Weighted average by Cap. +0.69%+1.72%-0.10%+21.77%

Financials

2026 *2027 *
Net sales 3.71TCr 396.86Cr 348.09Cr 322.39Cr 296.64Cr 561.08Cr 38TCr 572Cr 3.84TCr 1.51TCr 19TCr 1.49TCr 1.46TCr 64TCr 3.76TCr 402.26Cr 352.82Cr 326.78Cr 300.68Cr 568.72Cr 39TCr 579.78Cr 3.89TCr 1.53TCr 19TCr 1.51TCr 1.48TCr 65TCr
Net income 544.45Cr 58Cr 51Cr 47Cr 44Cr 82Cr 5.58TCr 84Cr 564.63Cr 221.45Cr 2.74TCr 218.98Cr 214.2Cr 9.47TCr 551.75Cr 59Cr 52Cr 48Cr 44Cr 84Cr 5.66TCr 85Cr 572.2Cr 224.42Cr 2.78TCr 221.92Cr 217.07Cr 9.59TCr
Net Debt 1.7TCr 181.76Cr 159.42Cr 147.65Cr 135.86Cr 256.97Cr 17TCr 261.97Cr 1.76TCr 690.2Cr 8.54TCr 682.52Cr 667.59Cr 30TCr 1.56TCr 166.88Cr 146.37Cr 135.57Cr 124.74Cr 235.93Cr 16TCr 240.52Cr 1.62TCr 633.71Cr 7.84TCr 626.65Cr 612.95Cr 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 Volume
13/26/13 €8.800 +0.69% 6
10/26/10 €8.740 0.00% 1
09/26/09 €8.740 +0.69% 3
08/26/08 €8.680 0.00% 1
07/26/07 €8.680 0.00% 204
Trader
Investor
Global
Quality
ESG MSCI
B
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
3
Last Close Price
90.80MAD
Average target price
107.67MAD
Spread / Average Target
+18.58%

Quarterly revenue - Rate of surprise