MTN Group (STU:LL6) EV-to-EBIT: 7.02 (As of Jul. 31, 2026) — 10% Below Median

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STU:LL6 MTN Group Ltd STU:LL6
79 GF Score
Price €11.80
GF Value €7.94
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is MTN Group EV-to-EBIT?

MTN Group STU:LL6 -4.84% 79 EV-to-EBIT is 7.02 as of Jul. 31, 2026, which is 10% below its 10-year median of 7.78. GuruFocus rates STU:LL6 with a GF Score™ of 79/100 and a GF Value™ of €7.94 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 283 Telecommunication Services companies, MTN Group ranks better than 85.51% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, MTN Group's Enterprise Value is €23,564 Mil. MTN Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €3,356 Mil. Therefore, MTN Group's EV-to-EBIT for today is 7.02.

The historical rank and industry rank for MTN Group's EV-to-EBIT or its related term are showing as below:

STU:LL6' s EV-to-EBIT Range Over the Past 10 Years
Min: 4.13   Med: 7.78   Max: 26.31
Current: 6.68

During the past 13 years, the highest EV-to-EBIT of MTN Group was 26.31. The lowest was 4.13. And the median was 7.78.

STU:LL6's EV-to-EBIT is ranked better than
85.51% of 283 companies
in the Telecommunication Services industry
Industry Median: 13.47 vs STU:LL6: 6.68

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. MTN Group's Enterprise Value for the quarter that ended in Dec. 2025 was €16,963 Mil. MTN Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €3,356 Mil. MTN Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 19.78%.


MTN Group  (STU:LL6) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

MTN Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2025 ) =EBIT / Enterprise Value (Q: Dec. 2025 )
=3355.591/16963.3154
=19.78 %

MTN Group's Enterprise Value for the quarter that ended in Dec. 2025 was €16,963 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. MTN Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €3,356 Mil.

* 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 EV-to-EBIT Related Terms


MTN Group EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for MTN Group's EV-to-EBIT 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 EV-to-EBIT Chart

MTN Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.45 5.17 9.06 16.31 5.04

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
EV-to-EBIT 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 9.06 0.00 16.31 0.00 5.04

STU:LL6 vs VZ, TMUS, T: EV-to-EBIT Comparison

For the Telecom Services subindustry, MTN Group's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, MTN Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where MTN Group's EV-to-EBIT falls into.


STU:LL6
79GF Score
MTN Group Ltd STU:LL6
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MTN Group EV-to-EBIT Calculation

MTN Group's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=23563.876/3355.591
=7.02

MTN Group's current Enterprise Value is €23,564 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. MTN Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €3,356 Mil.

* 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 EV-to-EBIT →
What does a EV-to-EBIT of 7.02 mean?
MTN Group (STU:LL6) has a EV-to-EBIT of 7.02 as of Jul. 31, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on MTN Group and its competitors. This is 10% below median its historical median of 7.78. Over the past decade, MTN Group's EV-to-EBIT has ranged from 4.13 to 26.31. According to the industry distribution chart, MTN Group ranks #41 out of 283 companies in the Telecommunication Services industry, placing it in the top 14.5%.
Is MTN Group's EV-to-EBIT too high?
MTN Group's current EV-to-EBIT of 7.02 is 10% below median its 10-year median of 7.78. Over the past 10 years, this metric has ranged from a low of 4.13 to a high of 26.31. The Telecommunication Services industry median EV-to-EBIT is 13.47. MTN Group's value of 7.02 is 47.9% below this industry median. Based on the distribution chart, MTN Group ranks #41 out of 283 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 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MTN Group's EV-to-EBIT compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, MTN Group ranks #41 out of 283 companies for EV-to-EBIT. This places MTN Group in the top 15% of its industry — outperforming the majority of peers. The industry median EV-to-EBIT is 13.47. MTN Group's value of 7.02 is 47.9% below this benchmark. Historically, MTN Group's own EV-to-EBIT has ranged from 4.13 to 26.31 over the past decade. While the company's 10-year median is 7.78 vs. the industry median of 13.47, MTN Group has consistently been below 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 EV-to-EBIT for a Telecommunication Services company?
The median EV-to-EBIT among Telecommunication Services companies is 13.47, based on 283 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MTN Group's current EV-to-EBIT of 7.02 is 47.9% below 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 EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on MTN Group and its competitors. For the Telecommunication Services industry, the median EV-to-EBIT is 13.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MTN Group's current EV-to-EBIT is 7.02, which is 10% below median its own 10-year median of 7.78. 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 (STU:LL6) is currently considered Significantly Overvalued. The stock's GF Value™ is €7.94, compared to a current price of €11.80 — trading 48.6% above its estimated fair value. The current EV-to-EBIT is 7.02, which is 10% below median its 10-year median of 7.78 and 47.9% below the Telecommunication Services industry median of 13.47. MTN Group's overall GF Score™ is 79/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For MTN Group (STU:LL6), the current EV-to-EBIT is 7.02 as of Jul. 31, 2026. 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 (STU:LL6) Overvalued in 2026?

Based on GuruFocus' analysis, MTN Group stock appears to be overvalued. The current stock price of €11.80 is trading 48.6% above its estimated GF Value™ of €7.94. GuruFocus considers MTN Group to be Significantly Overvalued.

Key valuation signals for STU:LL6:

  • EV-to-EBIT: 7.02 (10% below median its 10-year median of 7.78)
  • GF Value™: €7.94 vs. price of €11.80 (48.6% above fair value)
  • GF Score™: 79/100 with 8 warning signs
  • Industry Position: 47.9% below the Telecommunication Services median (#41 of 283)

No single metric tells the full story. See the STU:LL6 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.
79GF Score

Get the complete analysis for STU:LL6

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€11.80
Price
€7.94
GF Value