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How to buy MTN Group (MTN) shares

Learn how to easily invest in MTN Group shares.

MTN Group Limited (MTN) is a leading telecom services business based in South Africa. It opened the day at ZACR17550 after a previous close of ZACR17520. During the day the price has varied from a low of ZACR17012 to a high of ZACR17557. The latest price was ZACR17071 (25 minute delay). MTN Group is listed on the JSE and employs 21,975 staff. All prices are listed in South African Rand cents.

How to buy shares in MTN Group

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – MTN – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

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How has Coronavirus impacted MTN Group's stock price?

Since the stock market crash in March caused by coronavirus, MTN Group's stock price has had significant positive movement.

Its last market close was R16789, which is 47.95% up on its pre-crash value of R8739 and 539.58% up on the lowest point reached during the March crash when the stocks fell as low as R2625.

If you had bought R1,000 worth of MTN Group stocks at the start of February 2020, those stocks would have been worth R353.76 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth R2,014.68.

Is it a good time to buy MTN Group stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

MTN Group shares at a glance

Information last updated 2021-12-31.
OpenR17,550.00
HighR17,557.00
LowR17,012.00
CloseR17,071.00
Previous closeR17,520.00
Change R-449.00
Change % -2.5628%
Volume 1,043,146
Information last updated 2022-01-25.
52-week rangeR6,100.00 - R17,836.00
50-day moving average R16,513.90
200-day moving average R12,860.85
Wall St. target priceR149.33
PE ratio 38.37
Dividend yield R3.55 (0.02%)
Earnings per share (TTM) R4.14

MTN Group stock price (JSE:MTN)

Use our graph to track the performance of MTN stocks over time.

MTN Group price performance over time

Historical closes compared with the close of R17071 from 2022-01-27

1 week (2022-01-21) 3.10%
1 month (2021-12-28) 0.08%
3 months (2021-10-28) 26.01%
6 months (2021-07-28) 62.60%
1 year (2021-01-28) 169.85%
2 years (2020-01-28) 110.75%
3 years (2019-01-28) 103.08%
5 years (2017-01-27) 32.90%

Is MTN Group under- or over-valued?

Valuing MTN Group stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of MTN Group's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

MTN Group's P/E ratio

MTN Group's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 38x. In other words, MTN Group shares trade at around 38x recent earnings.

MTN Group's EBITDA

MTN Group's EBITDA (earnings before interest, taxes, depreciation and amortisation) is R74.7 billion.

The EBITDA is a measure of a MTN Group's overall financial performance and is widely used to measure a its profitability.

MTN Group financials

Revenue TTM R182 billion
Operating margin TTM 27.99%
Gross profit TTM R116.3 billion
Return on assets TTM 9.02%
Return on equity TTM 9.96%
Profit margin 4.16%
Book value R59.34
Market capitalisation R284.2 billion

TTM: trailing 12 months

MTN Group's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like MTN Group.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

MTN Group's total ESG risk score

Total ESG risk: 36.58

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and MTN Group's overall score of 36.58 (as at 01/01/2019) is pretty weak – landing it in it in the 71st percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like MTN Group is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

MTN Group's environmental score

Environmental score: 12.15/100

MTN Group's environmental score of 12.15 puts it squarely in the 9th percentile of companies rated in the same sector. This could suggest that MTN Group is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

MTN Group's social score

Social score: 25.31/100

MTN Group's social score of 25.31 puts it squarely in the 9th percentile of companies rated in the same sector. This could suggest that MTN Group is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

MTN Group's governance score

Governance score: 17.12/100

MTN Group's governance score puts it squarely in the 9th percentile of companies rated in the same sector. That could suggest that MTN Group is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

MTN Group's controversy score

Controversy score: 5/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. MTN Group scored a 5 out of 5 for controversy – the lowest score possible, reflecting that MTN Group's public profile has been damaged by multiple incidents.

MTN Group share dividends

We're not expecting MTN Group to pay a dividend over the next 12 months.

Have MTN Group's shares ever split?

MTN Group's shares were split on a 927:919 basis on 27 July 1998. So if you had owned 919 shares the day before before the split, the next day you'd have owned 927 shares. This wouldn't directly have changed the overall worth of your MTN Group shares – just the quantity. However, indirectly, the new 0.9% lower share price could have impacted the market appetite for MTN Group shares which in turn could have impacted MTN Group's share price.

MTN Group share price volatility

Over the last 12 months, MTN Group's shares have ranged in value from as little as R6100 up to R17836. A popular way to gauge a stock's volatility is its "beta".

MTN.JSE volatility(beta: 0.67)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (JSE average) beta is 1, while MTN Group's is 0.6699. This would suggest that MTN Group's shares are less volatile than average (for this exchange).

MTN Group overview

MTN Group Limited, together with its subsidiaries, operates in the telecommunications industry. The company offers mobile voice, international calling, roaming, closed user group, enterprise bundle, corporate APN, reverse bill URL, and enterprise mobility services. It also provides domestic and international MPLS, dedicated internet, business broadband, fiber to the business, carrier Ethernet, MS express route, AWS direct connect, managed LAN, and SD WAN services. Further, the company offers SIP tracking, multimedia conferencing, cloud and mobile PBX, cloud IVR, call recording, hosted call and contact center, and UCaaS services. Additionally, it provides cyber SOC, managed firewall, vulnerability assessment, device security, end point protection, penetration testing, and email security services. The company also offers cloud marketplace, O365, SaaS, backup, data center hosting, DBaaS, directory, domain management, DRaaS, server virtualization, and web hosting services, as well as IoT connectivity, device management, IoT vertical application, and data analytics services. As of March 10, 2021, the company had a total of 280 million subscribers in 21 markets internationally.

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs and forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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