MTN - MTN Group Ltd
MTN Group Limited is an emerging markets mobile telecommunications provider operating across South Africa, Nigeria, Ghana, Cameroon, Ivory Coast, Uganda, Syria, and Sudan. The majority of the company's revenue is earned through South Africa and Nigeria. At end December 2019, it had 251 million customers across Africa and the Middle East. MTN Group offers voice, data and digital services to retail customers in the 21 countries in which its operations have telecoms licences.
MTN Group Ltd is listed on the Johannesburg Stock Exchange (JSE). MTN is traded on the JSE under the ticker symbol “MTN”. The International Securities Identification Number (ISIN) of JSE:MTN is ZAE000042164. MTN Group Ltd is currently the 16th most valuable stock on the JSE with a market capitalization of ZAR 198 billion, which makes about 1.06% of the Johannesburg Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 104.31 |
| Day’s High Price | 106.45 |
| Traded Volume | 3.43M |
| Number of Deals | 9,884 |
| Gross Turnover | 361M |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | 11.90 |
| Price/Earning Ratio | 8.83 |
| Dividend Per Share | 3.30 |
| Dividend Yield | 3.14% |
| Shares Outstanding | 1.88B |
| Market Capitalization | 198B |
MTN Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| +1.71% | +12.9% | -13.8% |
| 6MO | 1YR | YTD |
|---|---|---|
| -27% | -21% | -17.4% |
The current share price of MTN Group Ltd (MTN) is ZAR 105.13. MTN closed its last trading day (Friday, December 8, 2023) at 105.13 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 0.6% gain over its previous closing price of 104.55 ZAR. MTN began the year with a share price of 127.30 ZAR but has since lost 17.4% off that price valuation, ranking it 305th on the JSE in terms of year-to-date performance. Shareholders’ fears may be allayed by the 13% increase of MTN share price since November 10th, which is 32nd best on JSE.
MTN Group is the eighth most traded stock on the Johannesburg Stock Exchange over the past three months (Sep 12 - Dec 8, 2023). MTN has traded a total volume of 368 million shares—in 544,304 deals—valued at ZAR 38.4 billion over the period, with an average of 5.84 million traded shares per session. A volume high of 14.2 million was achieved on September 21st, and a low of 2.56 million on December 4th, for the same period. The table below details the last 10 trading days of activity of MTN on the Johannesburg Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2023-12-08 | 3,433,948 | 105.13 | +0.58 | +0.55% |
| 2023-12-07 | 7,537,971 | 104.55 | -1.67 | -1.57% |
| 2023-12-06 | 5,441,097 | 106.22 | +3.22 | +3.13% |
| 2023-12-05 | 5,337,589 | 103.00 | -0.34 | -0.33% |
| 2023-12-04 | 2,564,030 | 103.34 | -0.02 | -0.02% |
| 2023-12-01 | 5,036,251 | 103.36 | +0.42 | +0.41% |
| 2023-11-30 | 11,482,167 | 102.94 | +1.94 | +1.92% |
| 2023-11-29 | 4,825,535 | 101.00 | -1.32 | -1.29% |
| 2023-11-28 | 4,079,036 | 102.32 | +0.67 | +0.66% |
| 2023-11-27 | 4,783,575 | 101.65 |
Profile of MTN Group Ltd.
MTN Group Ltd. operates in the Telecommunications sector, specifically, the Mobile Telecommunications industry.
Factsheet of MTN Group Ltd.
- Sector
- Telecommunications
- Industry
- Mobile Telecommunications
- Address
- 216 - 14th Avenue, Fairland, Roodepoort, 2195
- Telephone
- 083 912-3000
- Website
- www.mtn.com
MTN Industrial Market Competitors
MTN Group Ltd., issuers of the MTN stock on the Johannesburg Stock Exchange, have five market competitors who are also engaged in the Telecommunications sector and/or Mobile Telecommunications industry. The table below presents an overview of their market standing.
| Code | Name | M. Cap. | Close | YTD |
|---|---|---|---|---|
| VOD | Vodacom Group Ltd | 206B | 99.00 | -19.3% |
| BLU | Blue Label Telecoms Ltd | 3.49B | 3.82 | -21.7% |
| HUG | Huge Group Ltd | 345M | 2.00 | -29.8% |
| TKG | Telkom SA SOC Ltd | 13.2B | 25.85 | -13.9% |
| TLM | Telemaster Holdings Limited | 43.1M | 0.75 | -37.5% |
