Valuation: Maroc Telecom

Market Cap 88.88B 9.61B 8.24B 7.66B 7.06B 13.27B 920B 13.49B 90.62B 35.55B 461B 36.08B 35.29B 1,519B P/E 2026 *
16.1x
P/E 2027 * 15.8x
Enterprise Value 104B 11.22B 9.62B 8.94B 8.25B 15.5B 1,074B 15.75B 106B 41.51B 538B 42.13B 41.21B 1,774B EV / Sales 2026 *
2.75x
EV / Sales 2027 * 2.75x
Free-Float
24.96%
Yield 2026 *
4.2%
Yield 2027 * 4.28%
1 day+0.65%
1 week+3.56%
Current month+5.19%
1 month+6.64%
6 months-5.86%
Current year-8.63%
1 week 9.06
Extreme 9.06
9.32
1 month 8.74
Extreme 8.74
9.32
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 2025-02-28
Director of Finance/CFO - -
Chief Tech/Sci/R&D Officer 64 2014-12-04
Director TitleAgeSince
Director/Board Member - 2017-07-20
Director/Board Member - -
Chairman - 2021-10-24
Change 5-day change 1-year change 3-year change Capi.($)
+0.65%+3.56% - - 9.44B
0.00%+0.49%-7.18%+27.88% 230B
+1.69%+4.42%+11.20%+48.76% 202B
+1.11%+2.17%-6.11%+53.51% 160B
+1.18%+3.50%-26.17%+23.37% 83.89B
-0.62%-0.31%-3.16%-1.79% 81.82B
-1.19%-0.15%+11.63%+20.17% 71.05B
-0.23%+0.23%+1.73%+7.26% 58.12B
-0.90%+2.57%+7.33%+87.61% 56.69B
-0.91%+5.93%+19.91%+2.35% 52.09B
Average +0.08%+2.02%+1.02%+29.90% 110.66B
Weighted average by Cap. +0.37%+1.67%-0.45%+33.73%

Financials

2026 *2027 *
Net sales 37.8B 4.09B 3.5B 3.26B 3B 5.65B 391B 5.74B 38.55B 15.12B 196B 15.35B 15.01B 646B 37.84B 4.09B 3.51B 3.26B 3.01B 5.65B 392B 5.74B 38.58B 15.13B 196B 15.36B 15.03B 647B
Net income 5.52B 597M 512M 476M 439M 824M 57.15B 838M 5.63B 2.21B 28.62B 2.24B 2.19B 94.36B 5.63B 609M 522M 485M 447M 841M 58.29B 854M 5.74B 2.25B 29.19B 2.29B 2.24B 96.24B
Net Debt 14.9B 1.61B 1.38B 1.28B 1.18B 2.23B 154B 2.26B 15.2B 5.96B 77.28B 6.05B 5.92B 255B 15.36B 1.66B 1.42B 1.32B 1.22B 2.29B 159B 2.33B 15.66B 6.14B 79.62B 6.23B 6.1B 263B
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 Volume
26-08-19 €9.320 +0.65% 2
26-08-18 €9.260 +0.22% 459
26-08-17 €9.240 +0.65% 7
26-08-14 €9.180 +0.66% 720
26-08-13 €9.120 +0.66% 3
Trader
Investor
Global
Quality
ESG MSCI
B
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
3
Last Close Price
101.10MAD
Average target price
108.07MAD
Spread / Average Target
+6.89%

Quarterly revenue - Rate of surprise