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MTN logo

MTN Group JSE:MTN Stock Report

Last Price

R118.27

Market Cap

R213.7b

7D

-0.4%

1Y

27.6%

Updated

12 May, 2025

Data

Company Financials +

MTN Stock Overview

Provides mobile telecommunications services in South Africa, Nigeria, South and East Africa, West and Central Africa, and the Middle East and North Africa. More details

MTN fundamental analysis
Snowflake Score
Valuation5/6
Future Growth4/6
Past Performance0/6
Financial Health3/6
Dividends1/6

Community vs My Fair Value

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R131.64
FV
10.2% undervalued intrinsic discount
11.56%
Revenue growth p.a.
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11 days ago author updated this narrative

MTN Group Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for MTN Group
Historical stock prices
Current Share PriceR118.27
52 Week HighR127.32
52 Week LowR70.43
Beta0.88
1 Month Change13.12%
3 Month Change1.01%
1 Year Change27.58%
3 Year Change-31.39%
5 Year Change129.70%
Change since IPO6,658.29%

Recent News & Updates

Here's Why MTN Group (JSE:MTN) Has A Meaningful Debt Burden

May 01
Here's Why MTN Group (JSE:MTN) Has A Meaningful Debt Burden

Is Now The Time To Look At Buying MTN Group Limited (JSE:MTN)?

Apr 08
Is Now The Time To Look At Buying MTN Group Limited (JSE:MTN)?

Recent updates

Here's Why MTN Group (JSE:MTN) Has A Meaningful Debt Burden

May 01
Here's Why MTN Group (JSE:MTN) Has A Meaningful Debt Burden

Is Now The Time To Look At Buying MTN Group Limited (JSE:MTN)?

Apr 08
Is Now The Time To Look At Buying MTN Group Limited (JSE:MTN)?
author-image

Localization Progress In Uganda And Ghana Will Unlock Future Earnings

Feb 09 Strong growth in data and fintech services could positively impact MTN's revenue and boost net margins through high-margin products.

Even With A 28% Surge, Cautious Investors Are Not Rewarding MTN Group Limited's (JSE:MTN) Performance Completely

Jan 31
Even With A 28% Surge, Cautious Investors Are Not Rewarding MTN Group Limited's (JSE:MTN) Performance Completely

Potential Upside For MTN Group Limited (JSE:MTN) Not Without Risk

Dec 07
Potential Upside For MTN Group Limited (JSE:MTN) Not Without Risk

MTN Group's (JSE:MTN) Returns On Capital Are Heading Higher

Nov 15
MTN Group's (JSE:MTN) Returns On Capital Are Heading Higher

MTN Group (JSE:MTN) Use Of Debt Could Be Considered Risky

Sep 13
MTN Group (JSE:MTN) Use Of Debt Could Be Considered Risky

MTN Group Limited (JSE:MTN) Screens Well But There Might Be A Catch

Aug 22
MTN Group Limited (JSE:MTN) Screens Well But There Might Be A Catch

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

Aug 01
Should You Think About Buying MTN Group Limited (JSE:MTN) Now?

We Like MTN Group's (JSE:MTN) Returns And Here's How They're Trending

May 29
We Like MTN Group's (JSE:MTN) Returns And Here's How They're Trending

Shareholder Returns

MTNZA Wireless TelecomZA Market
7D-0.4%-0.01%-0.8%
1Y27.6%35.5%16.7%

Return vs Industry: MTN underperformed the ZA Wireless Telecom industry which returned 35.5% over the past year.

Return vs Market: MTN exceeded the ZA Market which returned 16.7% over the past year.

Price Volatility

Is MTN's price volatile compared to industry and market?
MTN volatility
MTN Average Weekly Movement5.4%
Wireless Telecom Industry Average Movement5.6%
Market Average Movement5.3%
10% most volatile stocks in ZA Market11.1%
10% least volatile stocks in ZA Market3.4%

Stable Share Price: MTN has not had significant price volatility in the past 3 months compared to the ZA market.

Volatility Over Time: MTN's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1994n/aRalph Mupitawww.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, MTN Mobile Money, insurance, airtime lending, and e-commerce services.

MTN Group Limited Fundamentals Summary

How do MTN Group's earnings and revenue compare to its market cap?
MTN fundamental statistics
Market capR213.67b
Earnings (TTM)-R9.59b
Revenue (TTM)R188.59b

1.1x

P/S Ratio

-22.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MTN income statement (TTM)
RevenueR188.59b
Cost of RevenueR70.75b
Gross ProfitR117.84b
Other ExpensesR127.43b
Earnings-R9.59b

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-5.31
Gross Margin62.49%
Net Profit Margin-5.09%
Debt/Equity Ratio60.1%

How did MTN perform over the long term?

See historical performance and comparison

Dividends

2.9%

Current Dividend Yield

-65%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/12 10:13
End of Day Share Price 2025/05/09 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

MTN Group Limited is covered by 25 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jonathan BradleyAbsa Bank Limited
Niel VenterAbsa Bank Limited
Sameera CassimAfrifocus Securities (Pty) Ltd.