MTN Group Limited

JSE:MTN Voorraadrapport

Marktkapitalisatie: R379.8b

MTN Group Toekomstige groei

Future criteriumcontroles 5/6

MTN Group zal naar verwachting groeien in winst en omzet met respectievelijk 35.1% en 13.9% per jaar. De winst per aandeel zal naar verwachting groeien met 27% per jaar. Het rendement op het eigen vermogen zal over 3 jaar naar verwachting 25.1% zijn.

Belangrijke informatie

35.1%

Groei van de winst

26.99%

Groei van de winst per aandeel

Wireless Telecom winstgroei24.7%
Inkomstengroei13.9%
Toekomstig rendement op eigen vermogen25.05%
Dekking van analisten

Good

Laatst bijgewerkt21 May 2026

Recente toekomstige groei-updates

Recent updates

Narratiefupdate • May 13

MTN: Weaker Margin Outlook And Execution Risks Will Limit Future Upside

Narrative Update: MTN Group Analyst Price Target Shift Analysts have lifted their price target on MTN Group to ZAR95.48 from ZAR82.69, reflecting an updated view that incorporates a slightly lower discount rate, modest adjustments to revenue growth and profit margin assumptions, and a higher future P/E multiple. Analyst Commentary Recent Street research on MTN Group points to a split in sentiment, with some institutions introducing the stock with a constructive outlook while other, more cautious voices highlight execution and valuation risks that investors should factor into expectations.
Narratiefupdate • Apr 29

MTN: Lower Discount Rate And Higher Margins Will Support Repriced Earnings Multiple

Narrative Update on MTN Group The analyst price target for MTN Group has been raised from ZAR230 to ZAR280, with analysts pointing to a lower discount rate, a higher projected profit margin of 20.64%, and a reduced future P/E assumption of 10.53 as key drivers of the revision. Analyst Commentary Bullish analysts initiating coverage on MTN Group with a positive stance are broadly aligned with the recent increase in the price target to ZAR280.
Narratiefupdate • Apr 15

MTN: Dividend Policy IHS Outcome And Margin Profile Will Shape Future Balance

The analyst fair value estimate for MTN Group has shifted from ZAR207.67 to ZAR216.25 as analysts factor in updated assumptions for revenue growth, profit margins, and a slightly lower future P/E multiple following recent bullish research coverage. Analyst Commentary Recent research on MTN Group has shifted toward a more constructive tone, with bullish analysts updating their models and supporting a higher fair value estimate.
Narratiefupdate • Apr 01

MTN: Dividend Policy IHS Decision And Margin Resilience Will Shape Future Balance

Analysts have nudged their fair value estimate for MTN Group to ZAR207.67 from ZAR200.00, citing updated assumptions that combine slightly softer revenue growth with higher profit margin expectations and a lower future P/E multiple. Analyst Commentary Recent commentary on MTN Group reflects a mix of optimism and caution around how the updated fair value estimate ties back to execution, profitability and the multiples investors might be willing to pay for the shares.
Narratiefupdate • Mar 18

MTN: Dividend Policy IHS Outcome And Margins Will Shape Future Balance

Analysts have adjusted the MTN Group fair value estimate slightly higher, from ZAR 198.75 to ZAR 200.00, reflecting updated assumptions for revenue growth, profit margins, and future P/E multiples. Analyst Commentary Recent research updates on consumer and leisure names highlight how quickly sentiment can swing when earnings, forward guidance, or external operating conditions shift.
Narratiefupdate • Mar 03

MTN: Margin Assumptions And Possible IHS Deal Will Shape Balanced Outlook

Analysts have nudged their fair value estimate for MTN Group up from ZAR193.63 to ZAR198.75, citing slightly stronger assumed profit margins and a modestly higher future P/E multiple as key supports for the higher price target. Analyst Commentary Recent valuation work on MTN Group points to a fairly balanced split between what bullish and bearish analysts are focusing on.
Narratiefupdate • Feb 17

MTN: Leadership Reset And IHS Discussions Will Shape Balanced Execution Outlook

Narrative Update: MTN Group Price Target Revision Analysts have nudged their fair value estimate for MTN Group higher from ZAR190.11 to ZAR193.63. This reflects updated assumptions around a slightly lower discount rate, modestly adjusted revenue growth expectations, a stable profit margin outlook, and a small recalibration of the future P/E multiple.
Narratiefupdate • Feb 03

MTN: Leadership Reset And Execution Risk Will Shape Balanced Brand Outlook

Narrative Update on MTN Group The analyst fair value estimate for MTN Group has been adjusted from $186.22 to $190.11. Analysts attribute this change to slightly higher assumed revenue growth, a modestly higher future P/E multiple, and recent external research that highlights the impact of leadership changes and execution expectations at Vail Resorts.
Narratiefupdate • Jan 19

MTN: Leadership Reset And Brand Strength Will Shape Balanced Execution Outlook

Narrative Update Analysts have lifted their fair value estimate for MTN Group from R176.89 to R186.22, citing slightly higher projected revenue growth, a modestly lower profit margin profile, and an updated future P/E assumption of 11.49x that reflects recent sector research and valuation resets seen in wider leisure and consumer names. Analyst Commentary Recent Street research around MTN Group has focused less on near term trading updates and more on leadership changes, brand strength, and execution risk.
Narratiefupdate • Jan 05

MTN: Lower Future P/E And Leadership Changes Will Constrain Upside Potential

Analysts have slightly reduced their fair value estimate for MTN Group to $82.69 from $83.94, citing updated assumptions for faster revenue growth, higher profit margins, and a lower future P/E multiple following recent sector and leadership changes highlighted in Street research. Analyst Commentary Bearish analysts frame the reduced fair value estimate of $82.69 as a signal that MTN Group faces a thinner margin for execution, even with updated assumptions that factor in faster revenue growth and higher profit margins.
Narratiefupdate • Dec 19

MTN: Leadership Reset Will Drive Future Turnaround Despite Near Term Execution Risks

Analysts have modestly lowered their price target on Vail Resorts to a range of about $145 to $237 per share. This reflects concerns over softer Epic pass sales, a more guarded fiscal 2026 EBITDA outlook, and uncertainty around the pace of the company’s operational turnaround.
Analyseartikel • Dec 12

Is It Too Late To Consider Buying MTN Group Limited (JSE:MTN)?

Today we're going to take a look at the well-established MTN Group Limited ( JSE:MTN ). The company's stock saw a...
Narratiefupdate • Dec 05

MTN: Future Multiple Expansion Will Offset Margin And Leadership Execution Risks

Analysts have nudged their fair value estimate for MTN Group higher to approximately $176.89 from $172.50, citing a higher future P/E multiple despite slightly softer revenue growth assumptions and a notably lower projected profit margin. Analyst Commentary Recent Street research around Vail Resorts, which shares the MTN ticker in the U.S., offers a mixed backdrop that indirectly informs sentiment toward MTN Group.
Analyseartikel • Nov 24

MTN Group Limited's (JSE:MTN) Price Is Right But Growth Is Lacking

When close to half the companies operating in the Wireless Telecom industry in South Africa have price-to-sales ratios...
Narratiefupdate • Nov 21

MTN: Future Leadership Changes And Operational Challenges Will Shape Performance

Analysts have raised their fair value estimate for MTN Group from $169.33 to $172.50, citing improved profit margin projections and stronger anticipated revenue growth. This comes despite recent concerns around leadership transitions and near-term operational challenges.
Narratiefupdate • Sep 25

African Connectivity And Fintech Will Unlock Future Opportunities

Consensus revenue growth forecasts for MTN Group have risen significantly, but this has been offset by a lower net profit margin, resulting in only a marginal increase in the analyst price target from ZAR167.11 to ZAR169.33. What's in the News MTN CEO Ralph Mupita has publicly denied any ongoing talks or adviser engagement regarding an acquisition of Telkom SA, though industry speculation continues due to market dynamics.
Analyseartikel • Sep 12

Should You Think About Buying MTN Group Limited (JSE:MTN) Now?

MTN Group Limited ( JSE:MTN ) saw significant share price movement during recent months on the JSE, rising to highs of...
Narratiefupdate • Aug 30

African Connectivity And Fintech Will Unlock Future Opportunities

The consensus price target for MTN Group has edged up to ZAR167.11, primarily reflecting a slight improvement in revenue growth forecasts. What's in the News MTN Group expects a first-half 2025 EPS of 495–577 cents, reflecting an increase of more than 200% from the prior year's loss.
Analyseartikel • Aug 25

MTN Group's (JSE:MTN) Strong Earnings Are Of Good Quality

Even though MTN Group Limited ( JSE:MTN ) posted strong earnings, investors appeared to be underwhelmed. Our analysis...
Analyseartikel • Aug 14

MTN Group Limited's (JSE:MTN) Subdued P/S Might Signal An Opportunity

With a median price-to-sales (or "P/S") ratio of close to 2x in the Wireless Telecom industry in South Africa, you...
Analyseartikel • May 22

Should Shareholders Reconsider MTN Group Limited's (JSE:MTN) CEO Compensation Package?

Key Insights MTN Group's Annual General Meeting to take place on 29th of May Total pay for CEO Ralph Mupita includes...
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Nieuw narratief • Feb 09

Localization Progress In Uganda And Ghana Will Unlock Future Earnings

Strong growth in data and fintech services could positively impact MTN's revenue and boost net margins through high-margin products.

Winst- en omzetgroeiprognoses

JSE:MTN - Toekomstschattingen van analisten en financiële gegevens uit het verleden (ZAR Millions )
DatumInkomstenInkomstenVrije kasstroomGeldmiddelen uit operationele activiteitenGem. Aantal analisten
12/31/2028342,321N/A37,241168,4115
12/31/2027304,97842,47431,684145,7057
12/31/2026257,67332,21524,362120,7748
12/31/2025226,75520,26237,61277,944N/A
9/30/2025216,75114,01431,79571,282N/A
6/30/2025206,7477,54326,87665,519N/A
3/31/2025197,667-1,02421,36556,168N/A
12/31/2024188,586-9,36914,95545,918N/A
9/30/2024193,910-8,40411,95347,357N/A
6/30/2024199,234-7,4398,95048,796N/A
3/31/2024210,307-1,67313,55656,427N/A
12/31/2023221,3804,09218,16164,058N/A
9/30/2023222,0979,61724,52767,058N/A
6/30/2023222,81315,14130,89370,058N/A
3/31/2023214,92817,08926,91569,090N/A
12/31/2022207,04219,03722,93768,121N/A
9/30/2022199,48919,07622,48066,937N/A
6/30/2022191,93619,11422,02265,752N/A
3/31/2022186,79116,43227,04266,519N/A
12/31/2021181,64613,75032,06167,286N/A
9/30/2021182,10710,66432,43267,270N/A
6/30/2021182,5687,57832,80267,254N/A
3/31/2021181,01412,30030,56862,884N/A
12/31/2020179,46017,02228,33358,513N/A
9/30/2020171,25616,835N/AN/AN/A
6/30/2020163,05216,64717,86544,675N/A
3/31/2020157,25612,87413,55740,482N/A
12/31/2019151,4609,1009,24936,289N/A
9/30/2019147,8749,004N/A34,593N/A
6/30/2019144,2888,908N/A32,896N/A
3/31/2019139,4248,814N/A32,643N/A
12/31/2018134,5608,719N/A32,389N/A
9/30/2018132,6966,028N/A29,886N/A
6/30/2018130,8313,337N/A27,382N/A
3/31/2018131,8503,877N/A30,385N/A
12/31/2017132,8694,416N/A33,387N/A
9/30/2017133,2456,376N/A39,157N/A
6/30/2017133,6208,335N/A44,926N/A
3/31/2017140,7702,861N/A42,717N/A
12/31/2016147,920-2,614N/A40,508N/A
9/30/2016144,797101N/A37,892N/A
6/30/2016141,6742,815N/A35,275N/A
3/31/2016136,76911,510N/A35,952N/A
12/31/2015131,86320,204N/A36,628N/A
9/30/2015137,66925,397N/A40,949N/A
6/30/2015143,47530,589N/A45,270N/A

Toekomstige groeivoorspellingen analisten

Verdiensten versus spaarpercentage: De verwachte winstgroei MTN ( 35.1% per jaar) ligt boven de spaarquote ( 9.8% ).

Winst versus markt: De winst van MTN ( 35.1% per jaar) zal naar verwachting sneller groeien dan de ZA markt ( 15.7% per jaar).

Hoge groeiwinsten: De winst van MTN zal naar verwachting de komende 3 jaar aanzienlijk groeien.

Omzet versus markt: De omzet van MTN ( 13.9% per jaar) zal naar verwachting sneller groeien dan de markt ZA ( 6.9% per jaar).

Hoge groei-inkomsten: De omzet van MTN ( 13.9% per jaar) zal naar verwachting langzamer groeien dan 20% per jaar.

Groeiprognoses winst per aandeel

Toekomstig rendement op eigen vermogen

Toekomstige ROE: Het rendement op eigen vermogen MTN zal naar verwachting over 3 jaar hoog zijn ( 25.1 %)

Ontdek groeibedrijven

7D

1Y

7D

1Y

7D

1Y

Bedrijfsanalyse en status van financiële gegevens

GegevensLaatst bijgewerkt (UTC-tijd)
Bedrijfsanalyse2026/05/21 22:56
Aandelenkoers aan het einde van de dag2026/05/21 00:00
Inkomsten2025/12/31
Jaarlijkse inkomsten2025/12/31

Gegevensbronnen

De gegevens die gebruikt zijn in onze bedrijfsanalyse zijn afkomstig van S&P Global Market Intelligence LLC. De volgende gegevens worden gebruikt in ons analysemodel om dit rapport te genereren. De gegevens zijn genormaliseerd, waardoor er een vertraging kan optreden voordat de bron beschikbaar is.

PakketGegevensTijdframeVoorbeeld Amerikaanse bron *
Financiële gegevens bedrijf10 jaar
  • Resultatenrekening
  • Kasstroomoverzicht
  • Balans
Consensus schattingen analisten+3 jaar
  • Financiële prognoses
  • Koersdoelen analisten
Marktprijzen30 jaar
  • Aandelenprijzen
  • Dividenden, splitsingen en acties
Eigendom10 jaar
  • Top aandeelhouders
  • Handel met voorkennis
Beheer10 jaar
  • Leiderschapsteam
  • Raad van bestuur
Belangrijkste ontwikkelingen10 jaar
  • Bedrijfsaankondigingen

* Voorbeeld voor effecten uit de VS, voor niet-Amerikaanse effecten worden gelijkwaardige formulieren en bronnen gebruikt.

Tenzij anders vermeld zijn alle financiële gegevens gebaseerd op een jaarperiode, maar worden ze elk kwartaal bijgewerkt. Dit staat bekend als Trailing Twelve Month (TTM) of Last Twelve Month (LTM) gegevens. Meer informatie.

Analysemodel en Snowflake

Details van het analysemodel dat is gebruikt om dit rapport te genereren zijn beschikbaar op onze Github-pagina. We hebben ook handleidingen over hoe je onze rapporten kunt gebruiken en tutorials op YouTube.

Leer meer over het team van wereldklasse dat het Simply Wall St-analysemodel heeft ontworpen en gebouwd.

Industrie en sector

Onze industrie- en sectormetrics worden elke 6 uur berekend door Simply Wall St, details van ons proces zijn beschikbaar op Github.

Bronnen van analisten

MTN Group Limited wordt gevolgd door 19 analisten. 8 van deze analisten hebben de schattingen van de omzet of winst ingediend die zijn gebruikt als input voor ons rapport. Inzendingen van analisten worden de hele dag door bijgewerkt.

AnalistInstelling
Niel VenterAbsa Bank Limited
Jonathan BradleyAbsa Bank Limited
Tibor BokorArqaam Capital Research Offshore S.A.L.