MTN Group Limited (MTNOF)
ValueMarkers Composite Index
3% above intrinsic value ($1)
MTN Group Limited (MTNOF) — VMCI valuation read
MTN Group Limited (MTNOF) carries a VMCI composite of 62/100, 12 points above the Communication Services sector median of 50. Among mid-cap names, that gap places MTNOF in the top third on the five-pillar weighting (Value 35%, Quality 30%, Integrity 15%, Growth 12%, Risk 8%).
The MTNOF insider tape has been silent for the past 30 days on Form 4. Where executives neither buy nor sell, the bull and bear cases lean harder on filings cadence and the next earnings line.
**Investor frame.** Value reads MTNOF trades at 16.0x earnings, 11% below the Communication Services median of 18.0x, which compresses or extends through the 11.0x EV/EBITDA versus a Communication Services 12.0x. Quality: ROIC of 14.0% sits 4.0pp above the Communication Services median (10.0%). Risk: net debt to EBITDA of 0.4x leaves covenant headroom, the line to track on MTN Group Limited's next 10-Q.
MTNOF rose 2.6% over the trailing 7 days, with a +0.2% read on a 30-day basis.
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.
Related Stocks in Communication Services
Top peers ranked by VM Score. Compare valuation, quality, and risk metrics across the sector.