MTN Group Limited, together with its subsidiaries, operates in the telecommunications industry. More Details
Undervalued with acceptable track record.
Share Price & News
How has MTN Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MTNO.F has not had significant price volatility in the past 3 months.
7 Day Return
US Wireless Telecom
1 Year Return
US Wireless Telecom
Return vs Industry: MTNO.F underperformed the US Wireless Telecom industry which returned 27.9% over the past year.
Return vs Market: MTNO.F underperformed the US Market which returned 12.8% over the past year.
Price Volatility Vs. Market
How volatile is MTN Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is MTN Group undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MTNO.F ($3.7) is trading below our estimate of fair value ($12.4)
Significantly Below Fair Value: MTNO.F is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: MTNO.F is good value based on its PE Ratio (6.3x) compared to the US Wireless Telecom industry average (24.6x).
PE vs Market: MTNO.F is good value based on its PE Ratio (6.3x) compared to the US market (18.2x).
Price to Earnings Growth Ratio
PEG Ratio: MTNO.F is poor value based on its PEG Ratio (1x)
Price to Book Ratio
PB vs Industry: MTNO.F is good value based on its PB Ratio (1.1x) compared to the US Wireless Telecom industry average (2.5x).
How is MTN Group forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MTNO.F's forecast earnings growth (6.2% per year) is above the savings rate (2.2%).
Earnings vs Market: MTNO.F's earnings (6.2% per year) are forecast to grow slower than the US market (23.1% per year).
High Growth Earnings: MTNO.F's earnings are forecast to grow, but not significantly.
Revenue vs Market: MTNO.F's revenue (3.6% per year) is forecast to grow slower than the US market (9.8% per year).
High Growth Revenue: MTNO.F's revenue (3.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MTNO.F's Return on Equity is forecast to be low in 3 years time (15.2%).
How has MTN Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MTNO.F has a large one-off gain of ZAR4.8B impacting its June 30 2020 financial results.
Growing Profit Margin: MTNO.F's current net profit margins (10.1%) are higher than last year (6.2%).
Past Earnings Growth Analysis
Earnings Trend: MTNO.F's earnings have declined by 13% per year over the past 5 years.
Accelerating Growth: MTNO.F's earnings growth over the past year (85.3%) exceeds its 5-year average (-13% per year).
Earnings vs Industry: MTNO.F earnings growth over the past year (85.3%) exceeded the Wireless Telecom industry 14.3%.
Return on Equity
High ROE: MTNO.F's Return on Equity (18.4%) is considered low.
How is MTN Group's financial position?
Financial Position Analysis
Short Term Liabilities: MTNO.F's short term assets (ZAR109.4B) exceed its short term liabilities (ZAR107.7B).
Long Term Liabilities: MTNO.F's short term assets (ZAR109.4B) do not cover its long term liabilities (ZAR149.3B).
Debt to Equity History and Analysis
Debt Level: MTNO.F's debt to equity ratio (111.6%) is considered high.
Reducing Debt: MTNO.F's debt to equity ratio has increased from 43.5% to 111.6% over the past 5 years.
Debt Coverage: MTNO.F's debt is well covered by operating cash flow (39.6%).
Interest Coverage: MTNO.F's interest payments on its debt are well covered by EBIT (3x coverage).
What is MTN Group current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MTNO.F's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MTNO.F's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if MTNO.F's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MTNO.F's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: MTNO.F is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MTNO.F's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Ralph Mupita (48 yo)
Mr. Ralph Tendai Mupita, BSc (Hons)(Eng.); MBA; GMP (Harvard) serves as Non-Executive Director of MTN Nigeria Communications PLC since April 13, 2017. He serves as a Non-Executive Director at Scancom Plc s ...
CEO Compensation Analysis
Compensation vs Market: Ralph's total compensation ($USD4.08M) is below average for companies of similar size in the US market ($USD7.39M).
Compensation vs Earnings: Ralph's compensation has increased by more than 20% in the past year.
|Group President||no data||R66.30m||0.0052% |
|Group Chief Operating Officer||3.67yrs||R23.90m||0.0028% |
|Group Chief Legal Counsel||1.08yrs||R11.89m||no data|
|Group Chief Human Resources Officer||23.67yrs||R14.14m||0.00056% |
|Group Chief Regulatory & Corporate Affairs Officer||no data||R10.40m||no data|
|Chief Executive Officer of MTN Nigeria||5.67yrs||R21.09m||no data|
|Chief Executive Officer of MTN South Africa||3.5yrs||R15.65m||0.0014% |
|Regional Vice President of Southern & East Africa and Ghana (SEAGHA)||no data||R23.02m||no data|
|Acting Group Chief Financial Officer||no data||no data||no data|
|Group Chief Technical Officer||1.67yrs||no data||no data|
|Chief Corporate Service Officer||no data||no data||no data|
|Group Head of Mobile Financial Services||7yrs||no data||no data|
Experienced Management: MTNO.F's management team is considered experienced (3.7 years average tenure).
|Group President||no data||R66.30m||0.0052% |
|Member of International Advisory Board||no data||R5.34m||no data|
|Independent Non-Executive Director||6.25yrs||R1.27m||0.00073% |
|Independent Non-Executive Director||4.08yrs||R2.64m||no data|
|Independent Non-Executive Director||4.08yrs||R1.22m||no data|
|Independent Non-Executive Director||14.17yrs||R2.66m||no data|
|Independent Non-Executive Director||4.08yrs||R2.57m||0.0011% |
|Independent Non-Executive Director||5.17yrs||R2.65m||no data|
|Chairman of MTN Uganda||no data||no data||no data|
|Independent Non-Executive Chairman||0.75yr||R1.28m||no data|
|Lead Independent Non-Executive Director||0.75yr||R1.02m||no data|
|Chair of International Advisory Board||no data||no data||no data|
Experienced Board: MTNO.F's board of directors are considered experienced (4.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
MTN Group Limited's company bio, employee growth, exchange listings and data sources
- Name: MTN Group Limited
- Ticker: MTNO.F
- Exchange: OTCPK
- Founded: 1994
- Industry: Wireless Telecommunication Services
- Sector: Telecom
- Market Cap: R103.316b
- Listing Market Cap: R6.364b
- Shares outstanding: 1.80b
- Website: https://www.mtn.com
Number of Employees
- MTN Group Limited
- Innovation Centre
- 216 14th Avenue, Fairland
- South Africa
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MTNO.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Aug 1995|
|MTN||JSE (The Johannesburg Securities Exchange)||Yes||Ordinary Shares||ZA||ZAR||Aug 1995|
|LL6||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Aug 1995|
|MTNO.Y||OTCPK (Pink Sheets LLC)||ADR EACH REPR 1 ORD ZAR0.0001(BNY)||US||USD||Dec 2001|
|LL6A||BST (Boerse-Stuttgart)||ADR EACH REPR 1 ORD ZAR0.0001(BNY)||DE||EUR||Dec 2001|
MTN Group Limited, together with its subsidiaries, operates in the telecommunications industry. The company offers mobile voice, international calling, roaming, closed user group, enterprise bundle, corpor ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/21 06:12|
|End of Day Share Price||2020/09/18 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.