MTN logo

MTN Group Limited Stock Price

JSE:MTN Community·R427.8b Market Cap
  • 3 Narratives written by author
  • 1 Comments on narratives written by author
  • 123 Fair Values set on narratives written by author

MTN Share Price Performance

R233.38
91.71 (64.73%)
R224.44
Fair Value
R233.38
91.71 (64.73%)
4.0% overvalued intrinsic discount
R224.44
Fair Value
Price R233.38
AnalystConsensusTarget R224.44
AnalystLowTarget R102.09
AnalystHighTarget R280.00

MTN Community Narratives

·
Fair Value R224.44 4.0% overvalued 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 R102.09 128.6% 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 16.7% 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
R224.44
4.0% overvalued intrinsic discount
Revenue
14.42% p.a.
Profit Margin
15.99%
Future PE
11.95x
Price in 2029
R352.53
R280
16.7% undervalued intrinsic discount
Revenue
18.01% p.a.
Profit Margin
20.64%
Future PE
10.53x
Price in 2029
R440.24

Trending Discussion

Updated Narratives

MTN logo

MTN: Higher Assumed P/E Will Tighten Future Return Potential

Fair Value: R102.09 128.6% 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: Fintech Partnership And Dividend Discipline Will Shape Future Share Balance

Fair Value: R224.44 4.0% overvalued intrinsic discount
56 users have set this as their fair value
1 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 16.7% 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

Snowflake Analysis

High growth potential with excellent balance sheet.

1 Risk
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 Jun 30

MTN: Higher Assumed P/E Will Tighten Future Return Potential

The analyst price target for MTN Group has been revised upward from ZAR95.48 to ZAR102.09, with analysts pointing to updated assumptions on revenue growth, profit margins and forward P/E as the main drivers of this change. Analyst Commentary on MTN Group The higher price target for MTN Group sits against a backdrop of more cautious sentiment seen in parts of the wider equity market, where some companies are experiencing trimmed expectations after softer operating trends or guidance.
Narrative Update Jun 16

MTN: Fintech Partnership And Dividend Discipline Will Shape Future Share Balance

Analysts have slightly reduced their fair value estimate for MTN Group, trimming the price target from ZAR225.00 to about ZAR224.44 as they refine assumptions around growth, margins and future P/E based on their latest research. Analyst Commentary Analysts covering MTN Group see a mix of positives and risks, which is reflected in the very small trim to the fair value estimate.

Recent updates

No updates