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MTN Group Limited Stock Price

JSE:MTN Community·R379.8b Market Cap
  • 3 Narratives written by author
  • 1 Comments on narratives written by author
  • 122 Fair Values set on narratives written by author

MTN Share Price Performance

R207.23
86.19 (71.21%)
R216.25
Fair Value
R207.23
86.19 (71.21%)
4.2% undervalued intrinsic discount
R216.25
Fair Value
Price R207.23
AnalystConsensusTarget R216.25
AnalystLowTarget R95.48
AnalystHighTarget R280.00

MTN Community Narratives

·
Fair Value R216.25 4.2% undervalued intrinsic discount

African Connectivity And Fintech Will Unlock Future Opportunities

1users have liked this narrative
1users have commented on this narrative
56users have followed this narrative
·
Fair Value R95.48 117.0% overvalued intrinsic discount

Rising Starlink Competition And Regulation Will Erode Telecom Margins

0users have liked this narrative
0users have commented on this narrative
9users have followed this narrative
·
Fair Value R280 26.0% undervalued intrinsic discount

Mobile Internet And Fintech Will Drive Enduring Digital Transformation

1users have liked this narrative
0users have commented on this narrative
3users have followed this narrative
R95.48
117.0% overvalued intrinsic discount
Revenue
13.07% p.a.
Profit Margin
15.08%
Future PE
5.58x
Price in 2029
R149.97
R280
26.0% undervalued intrinsic discount
Revenue
18.01% p.a.
Profit Margin
20.64%
Future PE
10.53x
Price in 2029
R440.24
R216.25
4.2% undervalued intrinsic discount
Revenue
14.33% p.a.
Profit Margin
16.94%
Future PE
10.91x
Price in 2029
R340.01

Trending Discussion

Updated Narratives

MTN logo

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

Fair Value: R95.48 117.0% overvalued intrinsic discount
9 users have set this as their fair value
0 users have commented on this narrative
0 users have liked this narrative
MTN logo

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

Fair Value: R280 26.0% undervalued intrinsic discount
3 users have set this as their fair value
0 users have commented on this narrative
0 users have liked this narrative
MTN logo

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

Fair Value: R216.25 4.2% undervalued intrinsic discount
56 users have set this as their fair value
1 users have commented on this narrative
0 users have liked this narrative

Snowflake Analysis

High growth potential with excellent balance sheet.

0 Risks
3 Rewards

MTN Group Limited Key Details

R226.8b

Revenue

R71.5b

Cost of Revenue

R155.3b

Gross Profit

R135.0b

Other Expenses

R20.3b

Earnings

Last Reported Earnings
Dec 31, 2025
Next Reporting Earnings
n/a
11.05
68.48%
8.94%
43.4%
View Full Analysis

About MTN

Founded
1994
Employees
n/a
CEO
Ralph Mupita
WebsiteView website
www.mtn.com

MTN Group Limited, together with its subsidiaries, provides mobile telecommunications services in South Africa, Nigeria, South and East Africa, West and Central Africa, and the Middle East and North Africa. The company offers data, voice and SMS, interconnect, and roaming services; and sells mobile devices. It also provides digital and fintech services, such as value-added services, rich media services, insurance, airtime lending, in-store payments, remittances, prepaid services, and e-commerce services; and MTN Mobile Money fintech platform. In addition, the company offers managed network services, cloud, unified communications, internet of things, and security as a service; network as a services, including subsea cables, terrestrial and metro fibre, data centre and cable landing stations, and towers and radio access network assets; and marketplace solutions for government agencies, insurance firms, banking institutions, and SMEs. MTN Group Limited was incorporated in 1994 and is based in Johannesburg, South Africa.

Recent MTN News & Updates

Narrative Update 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.
Narrative Update 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.

Recent updates

No updates