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Offer:MTN Share Outlook and Forecast
MTN Share Outlook and Forecast – Revealed! View the live share price, expected price-per-earnings ratio, share consensus, and much more.
| 🔎 Company | 🥇 MTN |
| 📌 Type | Public |
| 📍 Traded as | JSE: MTN |
| ⚙️ Industry | Telecommunications |
| ✅ Founded | 1994 |
| ☑️ Headquarters | Johannesburg, South Africa |
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MTN Share Outlook and Forecast – 3 Key Point Quick Overview
MTN Share Performance to Date
MTN Group Ltd. is a publicly-traded company on the Johannesburg Stock Exchange (JSE). MTN is traded under the ticker sign “MTN” on the JSE. MTN Group Ltd is the thirteenth most valuable stock on the JSE, with a market value of ZAR 259 billion, representing around 1.33% of the equities market on the Johannesburg Stock Exchange. MTN’s share price started the year at 170.71 ZAR but has since declined by 19.6%, placing it 312th on the JSE in terms of year-to-date performance. However, since October 13, MTN’s share price has risen by 12%, which is the 68th best on the JSE. This may soothe the anxieties of shareholders.
In the previous three months (August to November), MTN Group has been the sixth most actively traded stock on the Johannesburg Stock Exchange. In the past three months, MTN has exchanged an average of 6.54 million shares each session for a total transaction of 412 million shares valued at ZAR 53,1 billion. On August 31, MTN shares peaked at a volume of 15 million, while October 7 saw a volume low of 2.52 million in the past three months.
MTN Fundamentals and Valuation
| 🔎 Metrics | 📍 Information |
| Market Capitalization | 259 billion ZAR |
| Shares Outstanding | 1.88 billion |
| Gross Turnover | 9.9 million ZAR |
| Earnings Per Share | 11.6 ZAR |
| P/E Ratio | 11.7 |
| Dividend Yield | 2.18% |
| Dividends per share | 3 ZAR |
Further analysis of MTN indicated the following:
- MTN equaled the ZA Wireless Telecom industry’s return of -17.1% over the previous year.
- MTN outperformed the ZA Market last year, which returned -0.3%.
- MTN has not been much more volatile than other ZA equities over the previous three months, with weekly movements of +/- 5%.
- Over the last 12 months, MTN’s 5% weekly volatility has been constant.
- With a P/E of 13x compared to the industry average of 18.2x, MTN is considered a good value.
- MTN’s Price-to-Earnings Ratio of 13x is attractive compared to the average of the Global Wireless Telecom business, which is 15.4x.
- The 13x P/E ratio for MTN is above the projected Fair P/E ratio of 11.4x, indicating that the stock is overpriced.
- With a current share price of 137.3 ZAR, MTN is selling at a discount to its fair value of 212.72 ZAR, according to market experts. As a result, over 20% of MTN’s current price is below its true worth.
- Many analysts have a target price of more than 20% higher than the current share price. However, they are not in a statistically significant range of agreement.
- The annual increase in MTN’s predicted profits is 18.7%, which is higher than the increase in savings, which is 9.1%.
- The current net profit margin for MTN is 9.9%, which is larger than the 4.2% margin it had in 2025.
- Over the previous 5 years, MTN’s profits have increased by a remarkable 22.5% annually.
- A year-over-year increase of 152.2% in MTN’s profits is much above the company’s 5-year earnings growth average of 22.5%.
- During the last year, MTN’s profits grew by 152.2%, more than the 2.5% rise seen by the Wireless Telecom sector overall.
MTN Share Outlook
- Forecasts put MTN’s annual profit growth at 18.7%, higher than the average annual growth rate of -0.3% for the ZA market.
- MTN’s 9.4% annual revenue growth is anticipated to outpace the ZA market’s projected 5.3% annual growth rate.
- MTN’s annual revenue growth rate of 9.4% is expected to be lower than the industry average of 20%.
- The average Return on Equity for MTN for the next three years is expected to be 19.3%.
Frequently Asked Questions
Is MTN a worthwhile investment?
Based on analysts’ forecasts for MTN and the fact that the share is currently undervalued, MTN is a worthwhile investment.
Why is MTN falling?
MTN has improved its overall balance sheet, but share prices have declined for various reasons, including investor fears, currency, and economic issues in Ghana, increasing taxes, and more.
Are MTN shares undervalued?
According to analysts, MTN shares are currently 20% undervalued after a recent price decrease.
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