Valuation Maroc Telecom Euronext Paris
Stocks
IAM
MA0000011488
Integrated Telecommunications Services
|
Market Closed -
Euronext Paris
18:55:00 16/09/2026 +03
|
5-day change | 1st Jan Change | ||
| 9.160 EUR | 0.00% |
|
+0.66% | -10.20% |
| 07-22 | Itissalat Al-Maghrib S.A. Reports Earnings Results for the Half Year Ended June 30, 2026 | CI |
| 02-13 | Itissalat Al-Maghrib S.A. announces Annual dividend, payable on September 15, 2026 | CI |
Company Valuation: Maroc Telecom
Data adjusted to current consolidation scope
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|---|---|
| Market Cap 1 | 122,581 | 83,508 | 87,880 | 72,095 | 95,821 | 83,954 | - | - |
| Change | - | -31.88% | 5.24% | -17.96% | 32.91% | -12.39% | - | - |
| Enterprise Value (EV) 1 | 136,875 | 99,778 | 104,158 | 94,469 | 113,260 | 100,658 | 99,292 | 100,753 |
| Change | - | -27.1% | 4.39% | -9.3% | 19.89% | -11.13% | -1.36% | 1.47% |
| P/E | 20.4x | 30.4x | 16.6x | 40x | 13.7x | 15.2x | 14.9x | 14.5x |
| PBR | 8.22x | 4.64x | 5.13x | 4.84x | 4.68x | 3.37x | 3.16x | 2.96x |
| PEG | - | -0.6x | 0.2x | -0.6x | 0x | -0.7x | 7.8x | 4.64x |
| Capitalization / Revenue | 3.43x | 2.34x | 2.39x | 1.96x | 2.61x | 2.23x | 2.22x | 2.19x |
| EV / Revenue | 3.82x | 2.79x | 2.83x | 2.57x | 3.09x | 2.68x | 2.62x | 2.63x |
| EV / EBITDA | 7.36x | 5.4x | 5.38x | 4.92x | 6.12x | 5.17x | 5.13x | 5.25x |
| EV / EBIT | 11.8x | 11.1x | 9.59x | 15.6x | 8.36x | 8.46x | 8.44x | 8.62x |
| EV / FCF | 16.6x | 20.2x | 20.5x | 19.2x | 12.5x | 14.6x | 22.5x | 28.6x |
| FCF Yield | 6.04% | 4.94% | 4.87% | 5.22% | 8.03% | 6.83% | 4.45% | 3.5% |
| Dividend per Share 2 | 4.78 | 2.19 | 4.2 | 1.43 | 4 | 3.665 | 3.96 | 4.56 |
| Rate of return | 3.43% | 2.31% | 4.2% | 1.74% | 3.67% | 3.84% | 4.15% | 4.77% |
| EPS 2 | 6.83 | 3.13 | 6.01 | 2.05 | 7.93 | 6.28 | 6.4 | 6.6 |
| Distribution rate | 70% | 70% | 69.9% | 69.8% | 50.4% | 58.4% | 61.9% | 69.1% |
| Net sales 1 | 35,790 | 35,731 | 36,786 | 36,699 | 36,681 | 37,565 | 37,868 | 38,377 |
| EBITDA 1 | 18,589 | 18,492 | 19,369 | 19,197 | 18,493 | 19,470 | 19,363 | 19,178 |
| EBIT 1 | 11,573 | 8,987 | 10,859 | 6,062 | 13,547 | 11,899 | 11,763 | 11,685 |
| Net income 1 | 6,008 | 2,750 | 5,283 | 1,801 | 6,968 | 5,520 | 5,630 | 5,804 |
| Net Debt 1 | 14,294 | 16,270 | 16,278 | 22,374 | 17,439 | 16,704 | 15,338 | 16,799 |
| Reference price 2 | 139.45 | 95.00 | 100.00 | 82.01 | 109.00 | 95.50 | 95.50 | 95.50 |
| Nbr of stocks (in thousands) | 879,031 | 879,031 | 878,798 | 879,095 | 879,095 | 879,095 | - | - |
| Announcement Date | 2/17/22 A | 2/21/23 A | 2/16/24 A | 2/14/25 A | 2/13/26 A | - | - | - |
1MAD in Million2MAD
Estimates
P/E, Detailed evolution
| P/E (Y) | EV / Sales (Y) | EV / EBITDA (Y) | Dividend Yield (Y) | Capi.($) | ||
|---|---|---|---|---|---|---|
| 11.05x | 1.31x | 4.15x | 7.02% | 223B | ||
| 11.33x | 2.63x | 6.95x | 5.49% | 214B | ||
| 14.06x | 2.19x | 5.65x | 3.9% | 160B | ||
| 13.99x | 1.87x | 8.16x | 3% | 93.49B | ||
| 11.77x | 0.89x | 3.33x | 6.56% | 80.55B | ||
| 11.82x | 1.81x | 4.56x | 2.77% | 69.71B | ||
| 15.28x | 2.68x | 8.37x | 5.06% | 57.95B | ||
| 23.97x | 5.41x | 19.76x | 4.55% | 57.07B | ||
| 15.2x | 2.81x | 6.29x | 4.33% | 51.85B | ||
| Average | 14.27x | 2.40x | 7.47x | 4.74% | 111.89B | |
| Weighted average by Cap. | 13.16x | 2.17x | 6.56x | 5.1% |
Y-o-Y evolution of P/E
Historical PBR trend
Evolution Enterprise Value / Sales
Change in Enterprise Value/EBITDA
Year-on-year evolution of the Yield
- Stock Market
- Stocks
- IAM Stock
- IAM Stock
- Valuation Maroc Telecom
Select your edition
All financial news and data tailored to specific country editions
















