MTN Group Limited Logo

MTN Group Limited

MTN.JO

(2.2)
Stock Price

9.548,00 ZAc

3.44% ROA

25.43% ROE

16.48x PER

Market Cap.

200.420.680.572,00 ZAc

116.35% DER

0.03% Yield

9.22% NPM

MTN Group Limited Stock Analysis

MTN Group Limited Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

MTN Group Limited Fundamental Stock Analysis
# Analysis Rating
1 ROE

ROE surpassing expectations (18.98%) highlights strong profitability and efficient use of shareholders' equity, making it an appealing investment prospect.

2 Revenue Growth

With a track record of consistent revenue growth in the past five years, this company presents a compelling opportunity.

3 Assets Growth

This company's revenue has experienced steady growth over the last five years, indicating a reliable and prosperous financial trajectory.

4 ROA

The stock's ROA (5.16%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

5 PBV

The stock's PBV ratio (1.34x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

6 Dividend Growth

The company's dividend growth has been consistently strong over the past three years, with annual increases that demonstrate its commitment to rewarding shareholders.

7 DER

The stock is burdened with a heavy load of debt (116%), making it financially unstable and potentially risky for investors.

8 Net Profit Growth

Over the past five years, this company's net profit has failed to exhibit any growth, indicating a stagnant financial performance and making it a less favorable choice for potential investors.

9 Graham Number

The Graham number analysis indicates that this company's stock price is likely overpriced, raising concerns about its investment potential.

10 Dividend

No dividends from the company in the past three years raises doubts about its profitability for shareholders.

11 Buffet Intrinsic Value

Warren Buffett's formula suggests that the company's stock is overpriced (1.024), presenting a possible disadvantage for investors as its market price surpasses its estimated intrinsic value.

MTN Group Limited Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

MTN Group Limited Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Sell
4 Stoch RSI Sell

MTN Group Limited Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

MTN Group Limited Revenue
Year Revenue Growth
2001 12.432.000.000
2002 19.405.000.000 35.93%
2003 23.871.000.000 18.71%
2005 27.212.000.000 12.28%
2006 51.595.000.000 47.26%
2007 73.145.000.000 29.46%
2008 102.526.000.000 28.66%
2009 111.947.000.000 8.42%
2010 114.684.000.000 2.39%
2011 121.884.000.000 5.91%
2012 135.112.000.000 9.79%
2013 136.495.000.000 1.01%
2014 146.930.000.000 7.1%
2015 147.063.000.000 0.09%
2016 147.920.000.000 0.58%
2017 132.815.000.000 -11.37%
2018 134.560.000.000 1.3%
2019 151.460.000.000 11.16%
2020 179.361.000.000 15.56%
2021 181.646.000.000 1.26%
2022 207.003.000.000 12.25%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

MTN Group Limited Research and Development Expenses
Year Research and Development Expenses Growth
2001 0
2002 0 0%
2003 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

MTN Group Limited General and Administrative Expenses
Year General and Administrative Expenses Growth
2001 0
2002 0 0%
2003 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 24.819.000.000 100%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

MTN Group Limited EBITDA
Year EBITDA Growth
2001 2.985.000.000
2002 5.513.000.000 45.86%
2003 6.161.000.000 10.52%
2005 11.663.000.000 47.17%
2006 10.316.000.000 -13.06%
2007 33.845.000.000 69.52%
2008 50.336.000.000 32.76%
2009 52.852.000.000 4.76%
2010 49.666.000.000 -6.41%
2011 59.643.000.000 16.73%
2012 57.490.000.000 -3.74%
2013 58.461.000.000 1.66%
2014 69.573.000.000 15.97%
2015 64.842.000.000 -7.3%
2016 48.744.000.000 -33.03%
2017 37.931.000.000 -28.51%
2018 46.573.000.000 18.56%
2019 64.345.000.000 27.62%
2020 76.068.000.000 15.41%
2021 80.996.000.000 6.08%
2022 85.904.000.000 5.71%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

MTN Group Limited Gross Profit
Year Gross Profit Growth
2001 7.351.000.000
2002 11.084.000.000 33.68%
2003 14.212.000.000 22.01%
2005 22.503.000.000 36.84%
2006 42.832.000.000 47.46%
2007 59.096.000.000 27.52%
2008 69.184.000.000 14.58%
2009 74.559.000.000 7.21%
2010 78.454.000.000 4.96%
2011 81.547.000.000 3.79%
2012 89.818.000.000 9.21%
2013 93.636.000.000 4.08%
2014 99.716.000.000 6.1%
2015 104.323.000.000 4.42%
2016 98.703.000.000 -5.69%
2017 86.000.000.000 -14.77%
2018 86.821.000.000 0.95%
2019 107.513.000.000 19.25%
2020 129.068.000.000 16.7%
2021 133.791.000.000 3.53%
2022 150.806.000.000 11.28%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

MTN Group Limited Net Profit
Year Net Profit Growth
2001 548.000.000
2002 2.218.000.000 75.29%
2003 4.312.000.000 48.56%
2005 6.704.000.000 35.68%
2006 12.099.000.000 44.59%
2007 11.916.000.000 -1.54%
2008 17.135.000.000 30.46%
2009 17.161.000.000 0.15%
2010 16.827.000.000 -1.98%
2011 23.787.000.000 29.26%
2012 20.704.000.000 -14.89%
2013 26.289.000.000 21.24%
2014 32.079.000.000 18.05%
2015 20.204.000.000 -58.78%
2016 -2.614.000.000 872.92%
2017 4.414.000.000 159.22%
2018 8.719.000.000 49.37%
2019 8.963.000.000 2.72%
2020 17.022.000.000 47.34%
2021 13.750.000.000 -23.8%
2022 24.261.000.000 43.32%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

MTN Group Limited Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2001 0
2002 1 100%
2003 2 50%
2005 4 33.33%
2006 6 50%
2007 6 -20%
2008 8 37.5%
2009 8 -14.29%
2010 8 0%
2011 11 36.36%
2012 11 0%
2013 15 21.43%
2014 18 17.65%
2015 11 -54.55%
2016 -1 1200%
2017 2 150%
2018 5 50%
2019 5 0%
2020 9 55.56%
2021 8 -28.57%
2022 13 46.15%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

MTN Group Limited Free Cashflow
Year Free Cashflow Growth
2001 -340.000.000
2002 1.391.000.000 124.44%
2003 3.549.000.000 60.81%
2005 2.723.000.000 -30.33%
2006 7.826.000.000 65.21%
2007 9.518.000.000 17.78%
2008 5.863.000.000 -62.34%
2009 6.580.000.000 10.9%
2010 18.150.000.000 63.75%
2011 12.283.000.000 -47.77%
2012 -744.000.000 1750.94%
2013 27.025.000.000 102.75%
2014 4.288.000.000 -530.25%
2015 -18.902.000.000 122.69%
2016 -14.531.000.000 -30.08%
2017 -2.967.000.000 -389.75%
2018 4.193.000.000 170.76%
2019 9.249.000.000 54.67%
2020 28.333.000.000 67.36%
2021 32.061.000.000 11.63%
2022 5.577.250.000 -474.85%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

MTN Group Limited Operating Cashflow
Year Operating Cashflow Growth
2001 3.109.000.000
2002 5.330.000.000 41.67%
2003 8.597.000.000 38%
2005 9.161.000.000 6.16%
2006 17.622.000.000 48.01%
2007 25.850.000.000 31.83%
2008 34.236.000.000 24.49%
2009 36.282.000.000 5.64%
2010 34.728.000.000 -4.47%
2011 27.874.000.000 -24.59%
2012 25.078.000.000 -11.15%
2013 27.025.000.000 7.2%
2014 27.132.000.000 0.39%
2015 13.122.000.000 -106.77%
2016 20.716.000.000 36.66%
2017 23.694.000.000 12.57%
2018 32.389.000.000 26.85%
2019 36.289.000.000 10.75%
2020 58.513.000.000 37.98%
2021 67.286.000.000 13.04%
2022 17.030.250.000 -295.1%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

MTN Group Limited Capital Expenditure
Year Capital Expenditure Growth
2001 3.449.000.000
2002 3.939.000.000 12.44%
2003 5.048.000.000 21.97%
2005 6.438.000.000 21.59%
2006 9.796.000.000 34.28%
2007 16.332.000.000 40.02%
2008 28.373.000.000 42.44%
2009 29.702.000.000 4.47%
2010 16.578.000.000 -79.17%
2011 15.591.000.000 -6.33%
2012 25.822.000.000 39.62%
2013 0 0%
2014 22.844.000.000 100%
2015 32.024.000.000 28.67%
2016 35.247.000.000 9.14%
2017 26.661.000.000 -32.2%
2018 28.196.000.000 5.44%
2019 27.040.000.000 -4.28%
2020 30.180.000.000 10.4%
2021 35.225.000.000 14.32%
2022 11.453.000.000 -207.56%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

MTN Group Limited Equity
Year Equity Growth
2001 15.916.000.000
2002 17.063.000.000 6.72%
2003 19.848.000.000 14.03%
2005 19.716.000.000 -0.67%
2006 38.696.000.000 49.05%
2007 47.315.000.000 18.22%
2008 76.386.000.000 38.06%
2009 70.011.000.000 -9.11%
2010 71.855.000.000 2.57%
2011 88.897.000.000 19.17%
2012 89.006.000.000 0.12%
2013 114.438.000.000 22.22%
2014 128.517.000.000 10.95%
2015 146.369.000.000 12.2%
2016 102.380.000.000 -42.97%
2017 92.773.000.000 -10.36%
2018 88.226.000.000 -5.15%
2019 86.100.000.000 -2.47%
2020 106.225.000.000 18.95%
2021 114.982.000.000 7.62%
2022 122.343.000.000 6.02%
2023 130.174.000.000 6.02%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

MTN Group Limited Assets
Year Assets Growth
2001 27.413.000.000
2002 28.156.000.000 2.64%
2003 32.000.000.000 12.01%
2005 44.812.000.000 28.59%
2006 96.917.000.000 53.76%
2007 115.586.000.000 16.15%
2008 170.106.000.000 32.05%
2009 156.237.000.000 -8.88%
2010 154.786.000.000 -0.94%
2011 181.408.000.000 14.68%
2012 181.384.000.000 -0.01%
2013 226.821.000.000 20.03%
2014 253.685.000.000 10.59%
2015 313.867.000.000 19.17%
2016 268.700.000.000 -16.81%
2017 242.415.000.000 -10.84%
2018 244.607.000.000 0.9%
2019 302.311.000.000 19.09%
2020 348.942.000.000 13.36%
2021 365.798.000.000 4.61%
2022 391.881.000.000 6.66%
2023 404.177.000.000 3.04%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

MTN Group Limited Liabilities
Year Liabilities Growth
2001 10.677.000.000
2002 10.211.000.000 -4.56%
2003 10.734.000.000 4.87%
2005 21.716.000.000 50.57%
2006 54.188.000.000 59.92%
2007 64.084.000.000 15.44%
2008 89.564.000.000 28.45%
2009 83.371.000.000 -7.43%
2010 80.712.000.000 -3.29%
2011 88.709.000.000 9.01%
2012 88.497.000.000 -0.24%
2013 107.050.000.000 17.33%
2014 120.243.000.000 10.97%
2015 162.029.000.000 25.79%
2016 163.469.000.000 0.88%
2017 148.148.000.000 -10.34%
2018 156.381.000.000 5.26%
2019 216.211.000.000 27.67%
2020 242.717.000.000 10.92%
2021 250.816.000.000 3.23%
2022 269.538.000.000 6.95%
2023 274.003.000.000 1.63%

MTN Group Limited Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
57.44
Net Income per Share
6.73
Price to Earning Ratio
16.48x
Price To Sales Ratio
1.94x
POCF Ratio
5.87
PFCF Ratio
17.97
Price to Book Ratio
1.59
EV to Sales
2.98
EV Over EBITDA
7.19
EV to Operating CashFlow
9.07
EV to FreeCashFlow
27.68
Earnings Yield
0.06
FreeCashFlow Yield
0.06
Market Cap
200,42 Bil.
Enterprise Value
308,81 Bil.
Graham Number
102.77
Graham NetNet
-106.98

Income Statement Metrics

Net Income per Share
6.73
Income Quality
2.81
ROE
0.13
Return On Assets
0.08
Return On Capital Employed
0.41
Net Income per EBT
0.53
EBT Per Ebit
0.55
Ebit per Revenue
0.32
Effective Tax Rate
0.42

Margins

Sales, General, & Administrative to Revenue
0.12
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.53
Operating Profit Margin
0.32
Pretax Profit Margin
0.17
Net Profit Margin
0.09

Dividends

Dividend Yield
0
Dividend Yield %
0.03
Payout Ratio
0.22
Dividend Per Share
3.3

Operating Metrics

Operating Cashflow per Share
18.9
Free CashFlow per Share
6.19
Capex to Operating CashFlow
-0.67
Capex to Revenue
-0.22
Capex to Depreciation
0
Return on Invested Capital
0.04
Return on Tangible Assets
0.03
Days Sales Outstanding
0
Days Payables Outstanding
739.7
Days of Inventory on Hand
0
Receivables Turnover
0
Payables Turnover
0.49
Inventory Turnover
0
Capex per Share
-12.71

Balance Sheet

Cash per Share
45,08
Book Value per Share
69,73
Tangible Book Value per Share
72.24
Shareholders Equity per Share
69.73
Interest Debt per Share
85.2
Debt to Equity
1.16
Debt to Assets
0.36
Net Debt to EBITDA
2.52
Current Ratio
0.93
Tangible Asset Value
78,74 Bil.
Net Current Asset Value
-138,12 Bil.
Invested Capital
1.16
Working Capital
-9,88 Bil.
Intangibles to Total Assets
0.13
Average Receivables
20,12 Bil.
Average Payables
56,88 Bil.
Average Inventory
953000000
Debt to Market Cap
0.73

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

MTN Group Limited Dividends
Year Dividends Growth
2000 9
2001 7 -14.29%
2004 41 82.93%
2005 65 36.92%
2006 65 0%
2007 90 27.78%
2008 136 33.82%
2009 181 24.86%
2010 343 47.23%
2011 622 44.86%
2012 797 21.96%
2013 873 8.71%
2014 1.110 21.35%
2015 1.280 13.28%
2016 1.080 -18.52%
2017 700 -54.29%
2018 625 -12%
2019 520 -20.19%
2020 355 -46.48%
2022 300 -18.33%
2023 330 9.09%

MTN Group Limited Profile

About MTN Group Limited

MTN Group Limited, together with its subsidiaries, operates in the mobile telecommunications industry. The company provides data, voice and SMS, digital and fintech, wholesale, and interconnect and roaming services, as well as sells mobile devices. It also offers network as a service, which include subsea cables providing international connectivity services; terrestrial and metro fiber networks; data centers and cable landing stations; and FTTx, towers, and radio access networks. The company also provides digital financial services, such as access payments, e-commerce, insurance, and lending and remittance services; enterprise services, including cloud, unified communications, Internet of Things (IoT), and software defined networks; and API products and services for telecommunications, health, government, financial services, entertainment, and other sectors. As of March 9, 2022, it had a total of 272.4 million subscribers in 21 markets internationally. The company operates in South Africa, Nigeria, South and East Africa, West and Central Africa, and the Middle East and North Africa. MTN Group Limited was incorporated in 1994 and is based in Johannesburg, South Africa.

CEO
Mr. Ralph Tendai Mupita B.Sc.,
Employee
17.462
Address
Innovation Centre, 216 14th Avenue
Johannesburg, 2195

MTN Group Limited Executives & BODs

MTN Group Limited Executives & BODs
# Name Age
1 Mr. Charles Molapisi
Chief Executive Officer of MTN South Africa
70
2 Mr. Mazen Mroue
Group Chief Information & Technology Officer
70
3 Mr. Serigne Dioum
Group Chief Fintech Officer
70
4 Mr. Paul D. Norman M.A., M.B.A.
Group Chief Human Resources Officer
70
5 Mr. Karl Olutokun Toriola
Chief Executive Officer of MTN Nigeria
70
6 Ms. Kelebogile Modise
Group Chief Legal & Regulatory Officer
70
7 Mr. Ralph Tendai Mupita B.Sc., M.B.A.
Group President, Chief Executive Officer & Executive Director
70
8 Ms. Tsholofelo B. L. Molefe BA (Hons), BCompt (Hons), CA(SA), CTA
Group Chief Financial Officer & Executive Director
70
9 Mr. Jens Schulte-Bockum
Group Chief Operating Officer
70
10 Mr. Ebenezer Twum Asante
Senior Vice President of Markets
70

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