MTNOF (MTN Group) EBITDA Margin %: 46.97% (As of Dec. 2025) — 21% Above Median


MTNOF MTN Group Ltd MTNOF
71 GF Score
Price $13.40
GF Value $8.78
Valuation Significantly Overvalued
! 8 Warning Signs
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What is MTN Group EBITDA Margin %?

MTN Group MTNOF 71 EBITDA Margin % is 46.97% as of Dec. 2025, which is 21% above its 10-year median of 38.84. GuruFocus rates MTNOF with a GF Score™ of 71/100 and a GF Value™ of $8.78 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 367 Telecommunication Services companies, MTN Group ranks better than 81.47% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. MTN Group's EBITDA for the six months ended in Dec. 2025 was $3,277 Mil. MTN Group's Revenue for the six months ended in Dec. 2025 was $6,977 Mil. Therefore, MTN Group's EBITDA margin for the quarter that ended in Dec. 2025 was 46.97%.


MTN Group  (OTCPK:MTNOF) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


MTN Group EBITDA Margin % Related Terms


MTN Group EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for MTN Group's EBITDA Margin % 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 Group EBITDA Margin % Chart

MTN Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBITDA Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.17 43.39 33.02 26.70 46.95

MTN Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EBITDA Margin % 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 Premium Member Only Premium Member Only 33.44 18.40 34.47 46.92 46.97

MTNOF vs TMUS, VZ, T: EBITDA Margin % Comparison

For the Telecom Services subindustry, MTN Group's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % 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 Group EBITDA Margin % vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, MTN Group's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where MTN Group's EBITDA Margin % falls into.


MTNOF
71GF Score
MTN Group Ltd MTNOF
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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MTN Group EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

MTN Group's EBITDA Margin % for the fiscal year that ended in Dec. 2025 is calculated as

EBITDA Margin %=EBITDA (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=6322.753/13468.249
=46.95 %

MTN Group's EBITDA Margin % for the quarter that ended in Dec. 2025 is calculated as

EBITDA Margin %=EBITDA (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=3276.896/6977.253
=46.97 %

* 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.

Frequently Asked Questions Learn more about EBITDA Margin % →
What does a EBITDA Margin % of 46.97% mean?
MTN Group (MTNOF) has a EBITDA Margin % of 46.97% as of Dec. 2025. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on MTN Group and its competitors. This is 21% above median its historical median of 38.84. Over the past decade, MTN Group's EBITDA Margin % has ranged from 26.70 to 46.95. According to the industry distribution chart, MTN Group ranks #68 out of 367 companies in the Telecommunication Services industry, placing it in the top 18.5%.
Is MTN Group's EBITDA Margin % too high?
MTN Group's current EBITDA Margin % of 46.97% is 21% above median its 10-year median of 38.84. Over the past 10 years, this metric has ranged from a low of 26.70 to a high of 46.95. The Telecommunication Services industry median EBITDA Margin % is 25.57. MTN Group's value of 46.97% is 83.7% above this industry median. Based on the distribution chart, MTN Group ranks #68 out of 367 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, MTN Group has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MTN Group's EBITDA Margin % compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, MTN Group ranks #68 out of 367 companies for EBITDA Margin %. This places MTN Group in the top 19% of its industry — outperforming the majority of peers. The industry median EBITDA Margin % is 25.57. MTN Group's value of 46.97% is 83.7% above this benchmark. Historically, MTN Group's own EBITDA Margin % has ranged from 26.70 to 46.95 over the past decade. While the company's 10-year median is 38.84 vs. the industry median of 25.57, MTN Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for a Telecommunication Services company?
The median EBITDA Margin % among Telecommunication Services companies is 25.57, based on 367 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MTN Group's current EBITDA Margin % of 46.97% is 83.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on MTN Group and its competitors. For the Telecommunication Services industry, the median EBITDA Margin % is 25.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MTN Group's current EBITDA Margin % is 46.97%, which is 21% above median its own 10-year median of 38.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MTN Group stock overvalued right now?
Based on GuruFocus' analysis, MTN Group (MTNOF) is currently considered Significantly Overvalued. The stock's GF Value™ is $8.78, compared to a current price of $13.40 — trading 52.6% above its estimated fair value. The current EBITDA Margin % is 46.97%, which is 21% above median its 10-year median of 38.84 and 83.7% above the Telecommunication Services industry median of 25.57. MTN Group's overall GF Score™ is 71/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For MTN Group (MTNOF), the current EBITDA Margin % is 46.97% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is MTN Group (MTNOF) Overvalued in 2026?

Based on GuruFocus' analysis, MTN Group stock appears to be overvalued. The current stock price of $13.40 is trading 52.6% above its estimated GF Value™ of $8.78. GuruFocus considers MTN Group to be Significantly Overvalued.

Key valuation signals for MTNOF:

  • EBITDA Margin %: 46.97% (21% above median its 10-year median of 38.84)
  • GF Value™: $8.78 vs. price of $13.40 (52.6% above fair value)
  • GF Score™: 71/100 with 8 warning signs
  • Industry Position: 83.7% above the Telecommunication Services median (#68 of 367)

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


MTN Group Business Description

Address Innovation Centre 216 - 14th Avenue, Fairland, Roodepoort, Gauteng, Johannesburg, ZAF, 2195
MTN Group Ltd is a mobile telecommunications provider. The company also has a joint venture in Iran. From a product perspective, the majority of its revenue is from voice and data. Other contributors include SMS and sale of devices revenue. MTN also provides enterprise services to small/midsize enterprises and corporate clients. The company owns the mobile infrastructure and data centers. Its segments include Network services, Mobile devices, Interconnect and roaming, Digital and fintech and others. It derives maximum revenue from Network Services segment. Geographically, the company operates across South Africa, Nigeria, South and East Africa (SEA), GHASEA, Middle East and North Africa (MENA). The majority of the company's revenue is earned in and Nigeria.
71GF Score

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EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$13.40
Price
$8.78
GF Value