Valuation: Maroc Telecom

Market Cap 83.35B 8.95B 7.77B 7.24B 6.65B 12.59B 853B 12.69B 85.12B 33.35B 425B 33.61B 32.86B 1,411B P/E 2026 *
15.1x
P/E 2027 * 14.8x
Enterprise Value 98.25B 10.55B 9.15B 8.54B 7.84B 14.84B 1,006B 14.96B 100B 39.31B 502B 39.62B 38.74B 1,664B EV / Sales 2026 *
2.6x
EV / Sales 2027 * 2.61x
Free-Float
24.96%
Yield 2026 *
4.48%
Yield 2027 * 4.56%
1 week+0.23%
Current month-4.03%
1 month+1.66%
3 months-4.67%
6 months-10.16%
Current year-14.20%
1 week 8.56
Extreme 8.56
9.22
1 month 8.4
Extreme 8.4
9.22
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.($)
0.00%+0.23% - - 8.84B
-1.32%0.00%-3.96%+29.62% 235B
-1.01%-0.93%+9.33%+41.80% 197B
-0.82%+2.88%-10.54%+47.03% 155B
-2.01%-0.86%-24.51%+17.86% 82.69B
-1.38%-2.53%-3.53%-5.53% 79.23B
-0.46%-4.23%+27.13%+26.60% 74.89B
+0.39%+0.51%+4.11%+4.92% 58.34B
-0.23%-0.45%+12.82%+82.57% 55.98B
-1.02%+0.12%+18.88%+62.82% 50.78B
Average -1.04%+0.64%+3.30%+34.19% 109.83B
Weighted average by Cap. -1.49%+0.92%+0.93%+33.99%

Financials

2026 *2027 *
Net sales 37.8B 4.06B 3.52B 3.28B 3.02B 5.71B 387B 5.76B 38.61B 15.13B 193B 15.24B 14.91B 640B 37.84B 4.06B 3.53B 3.29B 3.02B 5.71B 387B 5.76B 38.64B 15.14B 193B 15.26B 14.92B 641B
Net income 5.52B 593M 514M 480M 441M 834M 56.52B 841M 5.64B 2.21B 28.18B 2.23B 2.18B 93.47B 5.63B 604M 525M 489M 449M 850M 57.64B 857M 5.75B 2.25B 28.74B 2.27B 2.22B 95.33B
Net Debt 14.9B 1.6B 1.39B 1.29B 1.19B 2.25B 153B 2.27B 15.22B 5.96B 76.08B 6.01B 5.88B 252B 15.36B 1.65B 1.43B 1.33B 1.23B 2.32B 157B 2.34B 15.68B 6.14B 78.39B 6.19B 6.05B 260B
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
04/08/26 €8.580 0.00%
03/08/26 €8.580 -4.03%
31/07/26 €8.940 +4.20%
30/07/26 €8.580 -6.94%
29/07/26 €9.220 +7.21%
Trader
Investor
Global
Quality
ESG MSCI
B
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
3
Last Close Price
94.81MAD
Average target price
108.07MAD
Spread / Average Target
+13.98%

Quarterly revenue - Rate of surprise