Valuation: Maroc Telecom

Market Cap 86.55B 9.3B 8.08B 7.57B 6.9B 12.97B 888B 13.18B 88.85B 34.81B 443B 34.92B 34.16B 1,483B P/E 2026 *
15.7x
P/E 2027 * 15.4x
Enterprise Value 101B 10.9B 9.47B 8.88B 8.09B 15.2B 1,041B 15.45B 104B 40.81B 520B 40.93B 40.04B 1,739B EV / Sales 2026 *
2.68x
EV / Sales 2027 * 2.69x
Free-Float
24.96%
Yield 2026 *
4.31%
Yield 2027 * 4.39%
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.($)
-.--%-.--% - - 9.27B
-0.61%-1.81%-8.04%+22.66% 229B
+2.64%+3.77%+11.49%+44.54% 195B
+0.96%+3.65%-6.27%+51.28% 156B
+1.33%+6.29%-1.53%-1.89% 80.99B
-1.41%-1.20%-27.24%+14.07% 80.67B
-0.05%-4.43%+12.20%+20.72% 69.94B
-0.05%0.00%+3.03%+5.27% 57.98B
-0.23%-1.61%+8.91%+73.28% 54.74B
+0.84%+2.42%+15.50%+58.69% 49.54B
Average +0.05%+0.58%+0.89%+32.07% 108.24B
Weighted average by Cap. -0.04%+0.60%-0.63%+32.37%

Financials

2026 *2027 *
Net sales 37.8B 4.06B 3.53B 3.31B 3.01B 5.66B 388B 5.76B 38.81B 15.21B 194B 15.25B 14.92B 648B 37.84B 4.07B 3.53B 3.31B 3.02B 5.67B 388B 5.76B 38.84B 15.22B 194B 15.27B 14.93B 649B
Net income 5.52B 593M 515M 483M 440M 827M 56.62B 840M 5.67B 2.22B 28.28B 2.23B 2.18B 94.62B 5.63B 605M 525M 493M 449M 843M 57.75B 857M 5.78B 2.26B 28.85B 2.27B 2.22B 96.5B
Net Debt 14.9B 1.6B 1.39B 1.3B 1.19B 2.23B 153B 2.27B 15.3B 6B 76.37B 6.01B 5.88B 255B 15.36B 1.65B 1.43B 1.34B 1.22B 2.3B 158B 2.34B 15.77B 6.18B 78.69B 6.2B 6.06B 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
-
Trader
Investor
Global
Quality
ESG MSCI
B
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
3
Last Close Price
98.45MAD
Average target price
108.07MAD
Spread / Average Target
+9.77%

Quarterly revenue - Rate of surprise