Valuation: Maroc Telecom

Market Cap 81.32B 8.71B 7.57B 7.04B 6.47B 12.21B 831B 12.4B 83.04B 32.59B 414B 32.7B 31.98B 1,387B P/E 2026 *
14.7x
P/E 2027 * 14.5x
Enterprise Value 96.22B 10.3B 8.96B 8.34B 7.65B 14.45B 983B 14.68B 98.26B 38.56B 490B 38.69B 37.84B 1,642B EV / Sales 2026 *
2.55x
EV / Sales 2027 * 2.56x
Free-Float
24.96%
Yield 2026 *
4.59%
Yield 2027 * 4.68%
1 week-0.45%
3 months-5.74%
6 months-11.40%
Current year-13.14%
1 week 8.86
Extreme 8.86
8.92
1 month 8.68
Extreme 8.68
8.92
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 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% - - 8.71B
-1.36%+2.32%-2.85%+30.50% 235B
+1.52%+0.93%+9.47%+37.35% 194B
-1.25%+1.40%-14.99%+34.87% 148B
-0.42%+2.60%-21.65%+18.50% 80.79B
-4.15%+0.73%-0.20%-6.45% 77.9B
+0.32%-3.24%+29.59%+25.75% 76.41B
-2.84%+0.91%+13.85%+66.92% 56.47B
+1.94%-0.28%+2.62%+1.75% 57.32B
-2.96%+2.54%+24.17%+61.12% 50.66B
Average -0.92%+1.05%+4.45%+30.03% 108.49B
Weighted average by Cap. -0.75%+1.26%+1.65%+30.22%

Financials

2026 *2027 *
Net sales 37.8B 4.05B 3.52B 3.27B 3.01B 5.68B 386B 5.77B 38.6B 15.15B 192B 15.2B 14.87B 645B 37.84B 4.05B 3.52B 3.28B 3.01B 5.68B 387B 5.77B 38.64B 15.16B 193B 15.21B 14.88B 646B
Net income 5.52B 591M 514M 478M 439M 829M 56.42B 842M 5.64B 2.21B 28.09B 2.22B 2.17B 94.18B 5.63B 603M 524M 488M 448M 846M 57.54B 859M 5.75B 2.26B 28.65B 2.26B 2.21B 96.06B
Net Debt 14.9B 1.6B 1.39B 1.29B 1.19B 2.24B 152B 2.27B 15.22B 5.97B 75.84B 5.99B 5.86B 254B 15.36B 1.64B 1.43B 1.33B 1.22B 2.31B 157B 2.34B 15.68B 6.15B 78.14B 6.17B 6.04B 262B
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
31/07/26 €8.860 -.--% 211
30/07/26 €8.860 -.--% 4
29/07/26 €8.860 -0.67% 2
28/07/26 €8.920 -.--% 561
27/07/26 €8.920 +0.22% 18
Trader
Investor
Global
Quality
ESG MSCI
B
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
3
Last Close Price
92.50MAD
Average target price
108.07MAD
Spread / Average Target
+16.83%

Quarterly revenue - Rate of surprise