MTN Zakhele Futhi (RF) (JSE:MTNZF) Cyclically Adjusted PS Ratio: (As of Sep. 04, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

JSE:MTNZF MTN Zakhele Futhi (RF) Ltd JSE:MTNZF
34 GF Score
Price R0.20
GF Value R17.15
! 3 Warning Signs
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What is MTN Zakhele Futhi (RF) Cyclically Adjusted PS Ratio?

MTN Zakhele Futhi (RF) does not have a history long enough to calculate Cyclically Adjusted Revenue per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PS Ratio for this company.

Shiller PE for Stocks: The True Measure of Stock Valuation


MTN Zakhele Futhi (RF)  (JSE:MTNZF) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


MTN Zakhele Futhi (RF) Cyclically Adjusted PS Ratio Related Terms


MTN Zakhele Futhi (RF) Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for MTN Zakhele Futhi (RF)'s Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

MTN Zakhele Futhi (RF) Cyclically Adjusted PS Ratio Chart

MTN Zakhele Futhi (RF) Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

MTN Zakhele Futhi (RF) Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

JSE:MTNZF vs XXI, APAD, CCCX: Cyclically Adjusted PS Ratio Comparison

For the Shell Companies subindustry, MTN Zakhele Futhi (RF)'s Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


MTN Zakhele Futhi (RF) Cyclically Adjusted PS Ratio vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, MTN Zakhele Futhi (RF)'s Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where MTN Zakhele Futhi (RF)'s Cyclically Adjusted PS Ratio falls into.


JSE:MTNZF
34GF Score
MTN Zakhele Futhi (RF) Ltd JSE:MTNZF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MTN Zakhele Futhi (RF) Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

MTN Zakhele Futhi (RF) does not have a history long enough to calculate Cyclically Adjusted Revenue per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PS Ratio for this company.

Is MTN Zakhele Futhi (RF) (JSE:MTNZF) Overvalued in 2026?

Based on GuruFocus' analysis, MTN Zakhele Futhi (RF) stock appears to be undervalued. The current stock price of R0.20 is trading 98.8% below its estimated GF Value™ of R17.15.

Key valuation signals for JSE:MTNZF:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: R17.15 vs. price of R0.20 (98.8% below fair value)
  • GF Score™: 34/100 with 3 warning signs

No single metric tells the full story. See the JSE:MTNZF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MTN Zakhele Futhi (RF) Business Description

Address 135 Rivonia Road, Sandown, Johannesburg, GT, ZAF, 2196
MTN Zakhele Futhi (RF) Ltd is an investment company formed as a special purpose investment vehicle to facilitate the implementation of a Broad-Based Black Economic Empowerment. The company is engaged in acquiring and holding shares in MTN Group on behalf of the participating black public.
34GF Score

Get the complete analysis for JSE:MTNZF

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R0.20
Price
R17.15
GF Value