MTN Group Limited

MTN Group Limited

MTNOY
MTN Group LimitedUS flagOther OTC
13.67
USD
+0.11
- -
25.06BMarket Cap
MTN Group Limited
MTNOY
(Other OTC)

Recent

price

13.67

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
- -
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
- -
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
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
6.99
6.25
5.2
3.59
- -
3
3.3
3.3
- -
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
- -
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
- -
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
- -
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
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
3.3
2024
- -
- -
- -
- -
3.3
2025
- -
- -
- -
- -
- -
Business
MTN Group Limited MTN Group Limited (MTNOY) provides mobile telecommunications and digital services across Africa and the Middle East. The South African company, founded in 1994 and headquartered in Johannesburg, operates as Africa's largest mobile network operator, serving over 300 million customers in 16 countries including South Africa, Nigeria, Ghana, Uganda, and others; it offers mobile voice and data services, broadband and internet access, enterprise solutions such as cloud, IoT, and unified communications, wholesale connectivity, and fintech platforms including MoMo mobile money for payments, remittances, lending via BankTech, and insurtech through aYo. Its growth platforms encompass Bayobab for digital infrastructure like fixed connectivity and subsea cables, Chenosis as an API marketplace, and digital services in gaming, video, and advertising. Geographically, MTN focuses on emerging markets, targeting consumers, businesses, and governments with connectivity, financial inclusion, and infrastructure to support digital transformation. Recent developments include signing definitive agreements with Mastercard in early 2025 for a minority investment in its Group Fintech structure following 2023 commercial pacts to accelerate advanced services; announcing major strategic and leadership changes on November 24, 2025, to sharpen focus on Connectivity, Fintech, and Digital Infrastructure pillars under Ambition 2025, with enhancements in home broadband, AI integration, and satellite partnerships; completing sales of MTN Afghanistan, Guinea-Bissau, and Guinea-Conakry in 2024 to optimize its portfolio; renegotiating tower leases with IHS in Nigeria for R1.3 billion in savings; and expanding infrastructure investments, such as a new data centre and fibre rollout in Nigeria, alongside partnerships like Microsoft Azure for real-time intelligence and META on the 2Africa subsea cable milestone.

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