Valuation: Maroc Telecom

Market Cap 82.66B 8.54B 7.54B 7.13B 6.47B 12.12B 819B 12.24B 85.54B 32.97B 418B 32.07B 31.37B 1,347B P/E 2026 *
15x
P/E 2027 * 14.7x
Enterprise Value 99.37B 10.27B 9.06B 8.57B 7.77B 14.57B 985B 14.72B 103B 39.63B 503B 38.55B 37.71B 1,619B EV / Sales 2026 *
2.65x
EV / Sales 2027 * 2.59x
Free-Float
24.96%
Yield 2026 *
3.9%
Yield 2027 * 4.21%
1 day+0.67%
1 week-1.52%
Current month-4.03%
1 month-4.03%
3 months+2.26%
6 months-0.44%
Current year-11.18%
1 week 9
Extreme 9
9.2
1 month 9
Extreme 9
9.46
Current year 8.68
Extreme 8.68
10.8
1 year 8.68
Extreme 8.68
11.5
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 - -
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.($)
+0.67%-1.52% - - 8.54B
+0.13%+0.63%-6.42%+20.93% 223B
0.00%-1.19%+4.58%+44.73% 191B
-0.93%-2.24%-9.58%+31.64% 144B
+0.18%-3.21%+10.42%-2.83% 88.46B
0.00%+1.35%-16.14%+14.67% 80.48B
+0.97%+1.97%+2.98%+30.55% 65.5B
-0.09%-2.11%-2.11%+13.67% 56.88B
-0.47%-1.39%+3.40%+75.31% 54.63B
-0.73%+0.65%+17.46%+5.97% 51.66B
Average -0.03%-0.70%+0.51%+26.07% 106.16B
Weighted average by Cap. -0.09%-0.72%-1.20%+27.10%

Financials

2026 *2027 *
Net sales 37.56B 3.88B 3.42B 3.24B 2.94B 5.51B 372B 5.56B 38.87B 14.98B 190B 14.57B 14.26B 612B 37.87B 3.91B 3.45B 3.27B 2.96B 5.55B 375B 5.61B 39.19B 15.1B 192B 14.69B 14.37B 617B
Net income 5.52B 570M 503M 476M 432M 810M 54.72B 818M 5.71B 2.2B 27.94B 2.14B 2.09B 89.92B 5.63B 582M 513M 486M 440M 826M 55.81B 834M 5.83B 2.25B 28.5B 2.18B 2.14B 91.71B
Net Debt 16.7B 1.73B 1.52B 1.44B 1.31B 2.45B 166B 2.47B 17.29B 6.66B 84.56B 6.48B 6.34B 272B 15.34B 1.58B 1.4B 1.32B 1.2B 2.25B 152B 2.27B 15.87B 6.12B 77.65B 5.95B 5.82B 250B
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
01/10/26 EUR 9.060 +0.67% 15
29/09/26 EUR 9.000 0.00% 11
28/09/26 EUR 9.000 0.00% 4
25/09/26 EUR 9.000 -2.17% 806
24/09/26 EUR 9.200 0.00% 25
Trader
Investor
Global
Quality
ESG MSCI
B
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
3
Last Close Price
94.03MAD
Average target price
109.40MAD
Spread / Average Target
+16.35%

Quarterly revenue - Rate of surprise