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MTN GroupSTU:LL6 -9.32%82 EV-to-EBITDA is 4.02 as of Aug. 01, 2026, which is 2% below its 10-year median of 4.10. GuruFocus rates STU:LL6 with a GF Score™ of 82/100 and a GF Value™ of €7.94 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 314 Telecommunication Services companies, MTN Group ranks better than 81.21% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, MTN Group's enterprise value is €21,271 Mil.
MTN Group's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €5,293 Mil. Therefore, MTN Group's EV-to-EBITDA for today is 4.02.
The historical rank and industry rank for MTN Group's EV-to-EBITDA or its related term are showing as below:
STU:LL6'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 2.37 Med: 4.1 Max: 7.73
Current: 3.82
During the past 13 years, the highest EV-to-EBITDA of MTN Group was 7.73. The lowest was 2.37. And the median was 4.10.
STU:LL6's EV-to-EBITDA is ranked better than 81.21% of 314
companies
in the Telecommunication Services industry
Industry Median: 6.905
vs STU:LL6: 3.82
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
MTN Group's share price for today is €10.70.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. MTN Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €0.550.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for MTN Group's EV-to-EBITDA 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.
For the Telecom Services subindustry, MTN Group's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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-EBITDA vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, MTN Group's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where MTN Group's EV-to-EBITDA falls into.
MTN Group's current Enterprise Value is €21,271 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. MTN Group's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €5,293 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 (STU:LL6) has a EV-to-EBITDA of 4.02 as of Aug. 01, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on MTN Group. This is near median its historical median of 4.10. Over the past decade, MTN Group's EV-to-EBITDA has ranged from 2.37 to 7.73. According to the industry distribution chart, MTN Group ranks #59 out of 314 companies in the Telecommunication Services industry, placing it in the top 18.8%.
Is MTN Group's EV-to-EBITDA too high?
MTN Group's current EV-to-EBITDA of 4.02 is near median its 10-year median of 4.10. Over the past 10 years, this metric has ranged from a low of 2.37 to a high of 7.73. The Telecommunication Services industry median EV-to-EBITDA is 6.91. MTN Group's value of 4.02 is 41.8% below this industry median. Based on the distribution chart, MTN Group ranks #59 out of 314 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 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MTN Group's EV-to-EBITDA compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, MTN Group ranks #59 out of 314 companies for EV-to-EBITDA. This places MTN Group in the top 19% of its industry — outperforming the majority of peers. The industry median EV-to-EBITDA is 6.91. MTN Group's value of 4.02 is 41.8% below this benchmark. Historically, MTN Group's own EV-to-EBITDA has ranged from 2.37 to 7.73 over the past decade. While the company's 10-year median is 4.10 vs. the industry median of 6.91, 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-EBITDA for a Telecommunication Services company?
The median EV-to-EBITDA among Telecommunication Services companies is 6.91, based on 314 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MTN Group's current EV-to-EBITDA of 4.02 is 41.8% 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-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on MTN Group. For the Telecommunication Services industry, the median EV-to-EBITDA is 6.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MTN Group's current EV-to-EBITDA is 4.02, which is near median its own 10-year median of 4.10. 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 €10.70 — trading 34.8% above its estimated fair value. The current EV-to-EBITDA is 4.02, which is near median its 10-year median of 4.10 and 41.8% below the Telecommunication Services industry median of 6.91. MTN Group's overall GF Score™ is 82/100 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-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For MTN Group (STU:LL6), the current EV-to-EBITDA is 4.02 as of Aug. 01, 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 €10.70 is trading 34.8% above its estimated GF Value™ of €7.94.
GuruFocus considers MTN Group to be Significantly Overvalued.
Key valuation signals for STU:LL6:
EV-to-EBITDA: 4.02 (near median its 10-year median of 4.10)
GF Value™: €7.94 vs. price of €10.70 (34.8% above fair value)
Industry Position: 41.8% below the Telecommunication Services median (#59 of 314)
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 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.
82GF Score
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