Valuation: Maroc Telecom

Market Cap 83.56B 8.68B 7.64B 7.2B 6.57B 12.29B 834B 12.38B 86.41B 33.49B 424B 32.61B 31.9B 1,381B P/E 2026 *
15.1x
P/E 2027 * 14.9x
Enterprise Value 100B 10.42B 9.17B 8.64B 7.88B 14.74B 1,000B 14.86B 104B 40.18B 509B 39.12B 38.28B 1,657B EV / Sales 2026 *
2.67x
EV / Sales 2027 * 2.61x
Free-Float
24.96%
Yield 2026 *
3.86%
Yield 2027 * 4.17%
1 day-0.45%
1 week-0.45%
Current month-1.56%
1 month-2.86%
3 months+4.74%
6 months-0.11%
Current year-11.60%
1 week 8.84
Extreme 8.84
8.94
1 month 8.74
Extreme 8.74
9.46
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%-0.45% - - 8.68B
-0.57%-0.76%-7.81%+17.18% 222B
+1.72%-2.09%+9.59%+42.19% 197B
+0.06%-0.77%-6.04%+33.20% 147B
+0.69%-0.68%+11.24%-2.98% 89.58B
-0.45%-1.01%-18.70%+9.20% 79B
+1.40%-0.76%+3.65%+29.29% 66.61B
-1.01%-0.96%-3.66%+13.74% 57.48B
+1.18%-0.46%+0.47%+76.54% 54.16B
+0.46%+1.02%+19.23%+6.44% 51.43B
Average +0.30%-1.89%+0.89%+24.98% 107.08B
Weighted average by Cap. +0.37%-1.95%-0.17%+25.59%

Financials

2026 *2027 *
Net sales 37.56B 3.9B 3.43B 3.24B 2.95B 5.52B 375B 5.57B 38.85B 15.05B 191B 14.66B 14.34B 621B 37.87B 3.94B 3.46B 3.26B 2.98B 5.57B 378B 5.61B 39.16B 15.18B 192B 14.78B 14.46B 626B
Net income 5.52B 574M 505M 476M 434M 812M 55.07B 818M 5.71B 2.21B 28.03B 2.15B 2.11B 91.21B 5.63B 585M 515M 485M 443M 828M 56.17B 834M 5.82B 2.26B 28.59B 2.2B 2.15B 93.02B
Net Debt 16.7B 1.74B 1.53B 1.44B 1.31B 2.46B 167B 2.48B 17.28B 6.69B 84.82B 6.52B 6.38B 276B 15.34B 1.59B 1.4B 1.32B 1.21B 2.26B 153B 2.27B 15.86B 6.15B 77.88B 5.99B 5.86B 253B
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
25/09/26 €8.840 -0.45%
24/09/26 €8.880 +0.45%
23/09/26 €8.840 -0.45%
22/09/26 €8.880 -0.67%
21/09/26 €8.940 +0.68%
Trader
Investor
Global
Quality
ESG MSCI
B
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
3
Last Close Price
95.05MAD
Average target price
109.40MAD
Spread / Average Target
+15.10%

Quarterly revenue - Rate of surprise