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Stock Screener·S. Africa·Communication Services·MTN.JO
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MTN Group Limited Stocks

ZAC 22373Last Updated 12.06.2026

Issuer Rating

5/7
Performance

Favourable

Risk

Limited

Recommendation

Hold

Market Cap

ZAC 235.86M

ZAC 22373
Key Takeaways

Risk factor

Modest price volatility

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Data is available to registered users only

Profitability factor

Undervalued vs peers

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Risks

  • Default risk
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  • Volatility
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  • Selling difficulty
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  • Stress test
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  • Country risks
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  • Other risks
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About

MTN Group Limited, established in 1994 and headquartered in Johannesburg, South Africa, is a leading entity in the mobile telecommunications sector. The company provides a comprehensive array of services, encompassing mobile data, voice communication, and text messaging, alongside digital solutions, financial technology (fintech) services, wholesale offerings, and international interconnect and roaming capabilities. It also engages in the retail of mobile devices. Furthermore, MTN maintains and operates extensive Network as a Service (NaaS) infrastructure, which includes subsea cables for global connectivity, terrestrial and metropolitan fiber networks, data centers, essential cable landing stations, FTTx (Fiber to the X), cellular towers, and radio access networks. Beyond its core telecom activities, MTN delivers a variety of digital financial services, such as payment access, online commerce, insurance products, lending, and money transfer solutions. Its enterprise division furnishes advanced solutions like cloud computing, integrated communication platforms, the Internet of Things (IoT), and software-defined networks. The group also develops and markets API products tailored for diverse industries, including telecommunications, healthcare, government, financial services, and entertainment. As of March 9, 2022, MTN boasted a substantial subscriber base of 272.4 million customers across 21 international markets. Its operational reach extends across South Africa, Nigeria, the broader regions of South and East Africa, West and Central Africa, and the Middle East and North Africa.

Company Valuation

Undervalued
6/7

Based on key historical and expected multiples, the stock is undervalued relative to its peers. Specifically, the stock is fairly valued on P/E, undervalued on EV/EBITDA,

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Target Price

Slightly negative
3/7

The average target price of MTN.JO is 22006 and suggests 2% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to d

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Risks

  • Default risk
    Data is available to registered users only
  • Volatility
    Data is available to registered users only
  • Selling difficulty
    Data is available to registered users only
  • Stress test
    Data is available to registered users only
  • Country risks
    Data is available to registered users only
  • Other risks
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