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MTN

MTN Group JSE:MTN Stock Report

Last Price

R113.10

Market Cap

R204.3b

7D

-4.6%

1Y

-6.6%

Updated

25 Sep, 2023

Data

Company Financials +

MTN Stock Overview

MTN Group Limited, together with its subsidiaries, provides mobile telecommunications services in South Africa, Nigeria, East Africa, West and Central Africa, and the Middle East and North Africa.

MTN fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance3/6
Financial Health5/6
Dividends2/6

MTN Group Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for MTN Group
Historical stock prices
Current Share PriceR113.10
52 Week HighR149.42
52 Week LowR107.35
Beta0.76
1 Month Change-9.51%
3 Month Change-17.23%
1 Year Change-6.59%
3 Year Change101.07%
5 Year Change26.51%
Change since IPO6,362.86%

Recent News & Updates

Here's Why MTN Group (JSE:MTN) Can Manage Its Debt Responsibly

Sep 06
Here's Why MTN Group (JSE:MTN) Can Manage Its Debt Responsibly

Recent updates

Here's Why MTN Group (JSE:MTN) Can Manage Its Debt Responsibly

Sep 06
Here's Why MTN Group (JSE:MTN) Can Manage Its Debt Responsibly

Why We Like The Returns At MTN Group (JSE:MTN)

Jul 11
Why We Like The Returns At MTN Group (JSE:MTN)

MTN Group (JSE:MTN) Seems To Use Debt Quite Sensibly

May 15
MTN Group (JSE:MTN) Seems To Use Debt Quite Sensibly

MTN Group's (JSE:MTN) Upcoming Dividend Will Be Larger Than Last Year's

Mar 18
MTN Group's (JSE:MTN) Upcoming Dividend Will Be Larger Than Last Year's

At R144, Is It Time To Put MTN Group Limited (JSE:MTN) On Your Watch List?

Feb 20
At R144, Is It Time To Put MTN Group Limited (JSE:MTN) On Your Watch List?

Why The 25% Return On Capital At MTN Group (JSE:MTN) Should Have Your Attention

Nov 07
Why The 25% Return On Capital At MTN Group (JSE:MTN) Should Have Your Attention

MTN Group (JSE:MTN) Has A Pretty Healthy Balance Sheet

Aug 22
MTN Group (JSE:MTN) Has A Pretty Healthy Balance Sheet

Returns on Capital Paint A Bright Future For MTN Group (JSE:MTN)

Aug 08
Returns on Capital Paint A Bright Future For MTN Group (JSE:MTN)

Should You Investigate MTN Group Limited (JSE:MTN) At R144?

Jul 24
Should You Investigate MTN Group Limited (JSE:MTN) At R144?

An Intrinsic Calculation For MTN Group Limited (JSE:MTN) Suggests It's 24% Undervalued

Jul 08
An Intrinsic Calculation For MTN Group Limited (JSE:MTN) Suggests It's 24% Undervalued

We Think MTN Group (JSE:MTN) Might Have The DNA Of A Multi-Bagger

May 01
We Think MTN Group (JSE:MTN) Might Have The DNA Of A Multi-Bagger

Is MTN Group (JSE:MTN) Using Too Much Debt?

Apr 13
Is MTN Group (JSE:MTN) Using Too Much Debt?

Calculating The Fair Value Of MTN Group Limited (JSE:MTN)

Mar 02
Calculating The Fair Value Of MTN Group Limited (JSE:MTN)

Slowing Rates Of Return At MTN Group (JSE:MTN) Leave Little Room For Excitement

Jan 18
Slowing Rates Of Return At MTN Group (JSE:MTN) Leave Little Room For Excitement

MTN Group (JSE:MTN) Has A Pretty Healthy Balance Sheet

Dec 19
MTN Group (JSE:MTN) Has A Pretty Healthy Balance Sheet

MTN Group Limited (JSE:MTN) Shares Could Be 31% Below Their Intrinsic Value Estimate

Nov 09
MTN Group Limited (JSE:MTN) Shares Could Be 31% Below Their Intrinsic Value Estimate

Investors Met With Slowing Returns on Capital At MTN Group (JSE:MTN)

Oct 15
Investors Met With Slowing Returns on Capital At MTN Group (JSE:MTN)

These 4 Measures Indicate That MTN Group (JSE:MTN) Is Using Debt Reasonably Well

Sep 14
These 4 Measures Indicate That MTN Group (JSE:MTN) Is Using Debt Reasonably Well

MTN Group Limited Just Missed EPS By 67%: Here's What Analysts Think Will Happen Next

Aug 15
MTN Group Limited Just Missed EPS By 67%: Here's What Analysts Think Will Happen Next

Returns On Capital At MTN Group (JSE:MTN) Have Stalled

Jul 13
Returns On Capital At MTN Group (JSE:MTN) Have Stalled

Is MTN Group (JSE:MTN) Using Too Much Debt?

Jun 15
Is MTN Group (JSE:MTN) Using Too Much Debt?

Here's What To Make Of MTN Group's (JSE:MTN) Decelerating Rates Of Return

Apr 11
Here's What To Make Of MTN Group's (JSE:MTN) Decelerating Rates Of Return

Does MTN Group (JSE:MTN) Deserve A Spot On Your Watchlist?

Mar 29
Does MTN Group (JSE:MTN) Deserve A Spot On Your Watchlist?

Why Investors Shouldn't Be Surprised By MTN Group Limited's (JSE:MTN) Low P/E

Mar 12
Why Investors Shouldn't Be Surprised By MTN Group Limited's (JSE:MTN) Low P/E

Should You Rely On MTN Group's (JSE:MTN) Earnings Growth?

Feb 12
Should You Rely On MTN Group's (JSE:MTN) Earnings Growth?

Here's What MTN Group Limited's (JSE:MTN) Shareholder Ownership Structure Looks Like

Jan 17
Here's What MTN Group Limited's (JSE:MTN) Shareholder Ownership Structure Looks Like

MTN Group (JSE:MTN) Has A Somewhat Strained Balance Sheet

Dec 29
MTN Group (JSE:MTN) Has A Somewhat Strained Balance Sheet

Should You Be Impressed By MTN Group's (JSE:MTN) Returns on Capital?

Dec 15
Should You Be Impressed By MTN Group's (JSE:MTN) Returns on Capital?

Is MTN Group Limited's (JSE:MTN) 18% ROE Worse Than Average?

Nov 30
Is MTN Group Limited's (JSE:MTN) 18% ROE Worse Than Average?

Shareholder Returns

MTNZA Wireless TelecomZA Market
7D-4.6%-2.1%0.2%
1Y-6.6%-6.7%3.8%

Return vs Industry: MTN matched the ZA Wireless Telecom industry which returned -6.7% over the past year.

Return vs Market: MTN underperformed the ZA Market which returned 3.8% over the past year.

Price Volatility

Is MTN's price volatile compared to industry and market?
MTN volatility
MTN Average Weekly Movement3.7%
Wireless Telecom Industry Average Movement3.6%
Market Average Movement4.8%
10% most volatile stocks in ZA Market11.6%
10% least volatile stocks in ZA Market2.6%

Stable Share Price: MTN is not significantly more volatile than the rest of ZA stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: MTN's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1994n/aRalph Mupitahttps://www.mtn.com

MTN Group Limited, together with its subsidiaries, provides mobile telecommunications services in South Africa, Nigeria, East Africa, West and Central Africa, and the Middle East and North Africa. The company offers data, voice and SMS, digital and fintech, interconnect, and roaming services, as well as sells mobile devices. It also provides network as a service, including subsea cables that offers international connectivity services; terrestrial and metro fiber networks; data centers and cable landing stations; and FTTx, towers, and radio access networks.

MTN Group Limited Fundamentals Summary

How do MTN Group's earnings and revenue compare to its market cap?
MTN fundamental statistics
Market CapR204.30b
Earnings (TTM)R20.54b
Revenue (TTM)R222.81b

9.9x

P/E Ratio

0.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MTN income statement (TTM)
RevenueR222.81b
Cost of RevenueR75.49b
Gross ProfitR147.33b
Other ExpensesR126.79b
EarningsR20.54b

Last Reported Earnings

Jun 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)11.37
Gross Margin66.12%
Net Profit Margin9.22%
Debt/Equity Ratio64.4%

How did MTN perform over the long term?

See historical performance and comparison

Dividends

2.9%

Current Dividend Yield

29%

Payout Ratio