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    Communication Services

  3. •

    Telecommunications Services
MTN Group Limited

MTN Group Limited

MTNOF
MTN Group LimitedUS flagOther OTC
14.25
USD
+0.22
- -
26.12BMarket Cap
MTN Group Limited
MTNOF
(Other OTC)

Recent

price

14.25

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
FRC
62.25
65.74
66.3
74.9
80.24
80.7
81.28
73.92
74.86
84.24
99.73
100.8
114.67
122.38
104.07
124.52
Revenue per Share
9.13
11.19
11.26
14.6
17.52
11.09
-1.44
2.46
4.85
5.06
9.46
7.63
10.55
2.27
-5.19
11.13
Basic EPS, GAAP
9.85
5.2
-3.13
-0.62
2.34
-10.37
-7.98
3.74
2.33
5.14
15.75
17.79
12.36
9.56
7.88
19.58
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
6.99
6.25
5.2
3.59
- -
3
3.3
3.3
3.42
Dividend per Share
51.34
54.61
60.93
66.82
71.8
70.11
56.63
52.75
32.51
32.18
60.16
45.22
51.68
75.64
45.12
55.32
Book Value per Share
23.78
32.38
36.69
45.87
52.87
52.65
33.1
31.72
26.64
26.42
36.12
38.21
37.66
42.29
37.23
50.88
Tangible Book Value per Share
1,842
1,854
1,838
1,833
1,831
1,822
1,820
1,797
1,798
1,798
1,799
1,802
1,805
1,806
1,807
1,821
Basic Weighted Avg Shares
114,684
121,884
121,867
137,270
146,930
147,063
147,920
132,869
134,560
151,460
179,361
181,646
207,003
221,056
188,001
226,707
Sales/Revenue/Turnover
27.85
30.96
29.37
29.01
29.78
24.96
17.02
13.13
16.54
20.46
24.04
25.06
27.85
22.03
20.31
28.16
Operating Margin (%)
15,368
15,459
15,952
19,278
21,513
23,293
25,736
23,767
24,358
32,458
35,651
34,640
34,618
42,268
35,576
39,024
Depreciation Expense
16,827
20,754
20,704
26,751
32,079
20,204
-2,614
4,416
8,719
9,100
17,022
13,750
19,037
4,092
-9,369
20,262
Net Income, GAAP
40.11
36.8
32.96
28.81
26.17
32.45
159.18
52.46
36.18
38.95
32.45
41.03
41.66
65.87
- -
42.22
Effective Tax Rate (%)
14.67
17.03
16.99
19.49
21.83
13.74
-1.77
3.32
6.48
6.01
9.49
7.57
9.2
1.85
-4.98
8.94
Profit Margin (%)
8,342
15,362
5,991
18,589
22,837
5,913
2,952
-4,379
-18,406
-8,395
1,461
-1,258
-5,816
-18,965
-6,587
-11,814
Working Capital
24,857
23,139
21,322
34,664
40,166
53,372
67,319
70,567
114,615
120,728
122,210
105,164
115,611
111,074
134,108
118,429
LT Debt
74,074
92,699
100,029
121,812
133,442
151,838
106,716
95,336
88,226
86,100
106,225
112,615
119,639
149,054
137,574
169,733
Total Equity
16.83
17.13
15.93
18.32
17.6
11.57
-6.94
4.48
7.21
8.47
12.07
10.79
13.22
5.85
- -
12.04
Return on Invested Capital (%)
17.92
14.87
14.07
16.13
16.83
10.79
-3.71
4.49
7.19
8.25
10.82
7.79
10.09
3.99
- -
9.39
Return on Capital (%)
18.71
21.2
19.42
22.82
25.26
15.59
-2.26
4.46
11.38
15.65
20.5
14.5
21.78
3.56
-8.59
22.24
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.56%
10.51%
23.38%
Free Cash Flow
21.28%
18.59%
150.31%
Net Income, GAAP
-89.75%
-140.9%
-316.27%
Sales/Revenue/Turnover
5.03%
5.53%
20.59%
Total Cash Common Dividend
- -
- -
4.56%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
221,056
2024
- -
- -
- -
- -
188,001
2025
- -
- -
- -
- -
226,707

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
2.27
2024
- -
- -
- -
- -
-5.19
2025
- -
- -
- -
- -
11.13

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
3.3
2024
- -
- -
- -
- -
3.3
2025
- -
- -
- -
- -
3.42
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Business
MTN Group Limited is Africa's largest mobile network operator providing voice, data, fintech including MoMo mobile financial services, digital entertainment platforms such as ayoba, enterprise connectivity solutions, wholesale services and API marketplace offerings via Chenosis to over 301 million customers across 16 markets primarily in Africa and the Middle East; the Johannesburg-headquartered company, founded in 1994, operates mobile and fixed access networks supporting GSM, 3G, 4G/LTE and 5G technologies alongside interconnect, roaming, SMS and mobile device sales. Its operations span key markets including South Africa, Nigeria, Ghana and Uganda with a strategic focus on consumer, enterprise and wholesale segments under the Ambition 2025 plan to lead digital solutions for Africa's progress through scale connectivity infrastructure and platform businesses. Recent developments include surpassing 300 million customers in October 2025, strengthening partnerships with IHS Towers for mobile connectivity and digital inclusion in August 2024, advancing the 2Africa subsea cable milestone with META via subsidiary Bayobab in November 2025, launching a Microsoft Azure collaboration for real-time intelligence modernization in October 2025 and reorganizing leadership with MTN Nigeria CEO Karl Toriola appointed Vice President for Francophone Africa effective November 2025 to sharpen focus on connectivity, fintech and digital infrastructure beyond Ambition 2025.