MTN Group Past Earnings Performance

Past criteria checks 2/6

MTN Group has been growing earnings at an average annual rate of 9.4%, while the Wireless Telecom industry saw earnings growing at 5.9% annually. Revenues have been growing at an average rate of 9.9% per year. MTN Group's return on equity is 2.7%, and it has net margins of 1.8%.

Key information

9.4%

Earnings growth rate

9.3%

EPS growth rate

Wireless Telecom Industry Growth13.0%
Revenue growth rate9.9%
Return on equity2.7%
Net Margin1.8%
Last Earnings Update31 Dec 2023

Recent past performance updates

Recent updates

MTN Group (JSE:MTN) Has Affirmed Its Dividend Of ZAR3.30

Apr 11
MTN Group (JSE:MTN) Has Affirmed Its Dividend Of ZAR3.30

MTN Group (JSE:MTN) Is Paying Out A Dividend Of ZAR3.30

Mar 28
MTN Group (JSE:MTN) Is Paying Out A Dividend Of ZAR3.30

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

Mar 26
These 4 Measures Indicate That MTN Group (JSE:MTN) Is Using Debt Extensively

What Is MTN Group Limited's (JSE:MTN) Share Price Doing?

Mar 04
What Is MTN Group Limited's (JSE:MTN) Share Price Doing?

Here's Why We Think MTN Group (JSE:MTN) Is Well Worth Watching

Jan 19
Here's Why We Think MTN Group (JSE:MTN) Is Well Worth Watching

Investor Optimism Abounds MTN Group Limited (JSE:MTN) But Growth Is Lacking

Dec 18
Investor Optimism Abounds MTN Group Limited (JSE:MTN) But Growth Is Lacking

Should You Think About Buying MTN Group Limited (JSE:MTN) Now?

Dec 03
Should You Think About Buying MTN Group Limited (JSE:MTN) Now?

The Trend Of High Returns At MTN Group (JSE:MTN) Has Us Very Interested

Nov 02
The Trend Of High Returns At MTN Group (JSE:MTN) Has Us Very Interested

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?

Revenue & Expenses Breakdown
Beta

How MTN Group makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

JSE:MTN Revenue, expenses and earnings (ZAR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 23221,3044,09228,5790
30 Sep 23222,05912,16428,5950
30 Jun 23222,81320,53528,6100
31 Mar 23214,92819,93627,5970
31 Dec 22207,04219,03726,5840
30 Sep 22199,48919,07625,6320
30 Jun 22191,93619,11424,6790
31 Mar 22186,79116,43224,1730
31 Dec 21181,64613,75023,6660
30 Sep 21182,10710,66423,8760
30 Jun 21182,5687,57824,0860
31 Mar 21181,01412,30023,7870
31 Dec 20179,46017,02223,4870
30 Sep 20171,25616,83522,1280
30 Jun 20163,05216,64720,7680
31 Mar 20157,25612,87420,0780
31 Dec 19151,4609,10019,3880
30 Sep 19147,8749,00418,9710
30 Jun 19144,2888,90818,5530
31 Mar 19139,4248,81418,0810
31 Dec 18134,5608,71917,6080
30 Sep 18132,6966,02817,7520
30 Jun 18130,8313,33717,8960
31 Mar 18131,8503,87717,9630
31 Dec 17132,8694,41618,0300
30 Sep 17133,2456,37618,4760
30 Jun 17133,6208,33518,9210
31 Mar 17140,7702,86119,5510
31 Dec 16147,920-2,61420,1800
30 Sep 16144,79710119,8890
30 Jun 16141,6742,81519,5970
31 Mar 16136,76911,51019,0050
31 Dec 15131,86320,20418,4120
30 Sep 15137,66925,39718,4230
30 Jun 15143,47530,58918,4340
31 Mar 15145,20331,33417,8040
31 Dec 14146,93032,07917,1740
30 Sep 14145,62529,70016,0570
30 Jun 14144,32027,32014,9400
31 Mar 14140,79527,03615,6510
31 Dec 13137,27026,75116,3620
30 Sep 13132,71424,84116,5640
30 Jun 13128,15822,93116,7650

Quality Earnings: MTN has high quality earnings.

Growing Profit Margin: MTN's current net profit margins (1.8%) are lower than last year (9.2%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: MTN's earnings have grown by 9.4% per year over the past 5 years.

Accelerating Growth: MTN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: MTN had negative earnings growth (-78.5%) over the past year, making it difficult to compare to the Wireless Telecom industry average (3.3%).


Return on Equity

High ROE: MTN's Return on Equity (2.7%) is considered low.


Return on Assets


Return on Capital Employed


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