MTN Uganda (UGSE:MTNU) - Stock Price, News & Analysis

MTNU Stock Overview

MTN Uganda Limited provides telecommunication and mobile financial services in Uganda.

MTNU fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	1/6
Past Performance	5/6
Financial Health	5/6
Dividends	3/6

Rewards

Trading at 21.9% below our estimate of its fair value

Revenue is forecast to grow 9.39% per year

Earnings have grown 16.6% per year over the past 5 years

Risk Analysis

Unstable dividend track record

MTN Uganda Limited Competitors

Airtel Uganda

UGSE:AIRTEL UGANDA

USh3.2t

Telia Lietuva

NSEL:TEL1L

€987.5m

Digi Communications

BVB:DIGI

RON5.3b

Shenandoah Telecommunications

NasdaqGS:SHEN

US$765.8m

Price History & Performance

Summary of all time highs, changes and price drops for MTN Uganda
Historical stock prices
Current Share Price	USh173.00
52 Week High	USh180.00
52 Week Low	USh150.00
Beta	0.046
1 Month Change	1.76%
3 Month Change	1.76%
1 Year Change	3.06%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-15.61%

Recent updates

Shareholder Returns

	MTNU	UG Telecom	UG Market
7D	1.8%	-2.3%	0.7%
1Y	3.1%	14.0%	8.6%

Return vs Industry: MTNU underperformed the UG Telecom industry which returned 13.9% over the past year.

Return vs Market: MTNU underperformed the UG Market which returned 8.2% over the past year.

Price Volatility

Is MTNU's price volatile compared to industry and market?
MTNU volatility
MTNU Average Weekly Movement	0.8%
Telecom Industry Average Movement	5.0%
Market Average Movement	1.0%
10% most volatile stocks in UG Market	3.0%
10% least volatile stocks in UG Market	0.6%

Stable Share Price: MTNU has not had significant price volatility in the past 3 months.

Volatility Over Time: MTNU's weekly volatility (1%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1998	1,262	Sylvia Mulinge	www.mtn.co.ug

MTN Uganda Limited provides telecommunication and mobile financial services in Uganda. The company offers a range of products and services, including voice, data, and SMS; digital services, including mobile financial services and other digital offerings; and interconnect and roaming services. It also provides internet and connectivity leased lines, private APNS, SME internet, and fixed internet service; fintech services; and bulk SMS and unstructured supplementary services data, voice bundles, voice over IP solutions, and toll-free voice services, as well as Webphone, a calling and communication application.

MTN Uganda Limited Fundamentals Summary

How do MTN Uganda's earnings and revenue compare to its market cap?
MTNU fundamental statistics
Market cap	USh3.87t
Earnings (TTM)	USh493.08b
Revenue (TTM)	USh2.67t

7.9x

P/E Ratio

1.5x

P/S Ratio

Is MTNU overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MTNU income statement (TTM)
Revenue	USh2.67t
Cost of Revenue	USh626.26b
Gross Profit	USh2.04t
Other Expenses	USh1.55t
Earnings	USh493.08b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	22.02
Gross Margin	76.55%
Net Profit Margin	18.47%
Debt/Equity Ratio	20.0%

How did MTNU perform over the long term?

See historical performance and comparison

Dividends

10.4%

Current Dividend Yield

82%

Payout Ratio

Does MTNU pay a reliable dividends?

See MTNU dividend history and benchmarks

When do you need to buy MTNU by to receive an upcoming dividend?
MTN Uganda dividend dates
Ex Dividend Date	May 30 2024
Dividend Pay Date	Jun 21 2024
Days until Ex dividend	35 days
Days until Dividend pay date	57 days