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.
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.
Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, MTN Zakhele Futhi (RF)'s Enterprise Value is R-3,030.7 Mil.
MTN Zakhele Futhi (RF)'s EBIT for the trailing twelve months (TTM) ended in Jun. 2025 was R3,281.6 Mil. Therefore, MTN Zakhele Futhi (RF)'s EV-to-EBIT ratio for today is -0.92.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, MTN Zakhele Futhi (RF)'s Enterprise Value is R-3,030.7 Mil.
MTN Zakhele Futhi (RF)'s EBITDA for the trailing twelve months (TTM) ended in Jun. 2025 was R3,281.6 Mil. Therefore, MTN Zakhele Futhi (RF)'s EV-to-EBITDA ratio for today is -0.92.
*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.
MTN Zakhele Futhi (RF) (JSE:MTNZF) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
MTN Zakhele Futhi (RF)'s current Enterprise Value is R-3,030.7 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. MTN Zakhele Futhi (RF)'s EBIT for the trailing twelve months (TTM) ended in Jun. 2025 was R3,281.6 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
MTN Zakhele Futhi (RF)'s EV-to-EBITDA for today is:
MTN Zakhele Futhi (RF)'s current Enterprise Value is R-3,030.7 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. MTN Zakhele Futhi (RF)'s EBITDA for the trailing twelve months (TTM) ended in Jun. 2025 was R3,281.6 Mil.
MTN Zakhele Futhi (RF)'s current Enterprise Value is R-3,030.7 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. MTN Zakhele Futhi (RF)'s Revenue for the trailing twelve months (TTM) ended in Jun. 2025 was R265.1 Mil.
MTN Zakhele Futhi (RF)'s current Enterprise Value is R-3,030.7 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. MTN Zakhele Futhi (RF)'s Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2025 was R178.7 Mil.
MTN Zakhele Futhi (RF)'s current Enterprise Value is R-3,030.7 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. MTN Zakhele Futhi (RF)'s Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2025 was R178.7 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 Zakhele Futhi (RF) Enterprise Value Related Terms
MTN Zakhele Futhi (RF) Enterprise Value Historical Data
* Premium members only.
The historical data trend for MTN Zakhele Futhi (RF)'s Enterprise Value 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.
JSE:MTNZF vs XXI, APAD, CCCX: Enterprise Value Comparison
For the Shell Companies subindustry, MTN Zakhele Futhi (RF)'s Enterprise Value, along with its competitors' market caps and Enterprise Value 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) Enterprise Value vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, MTN Zakhele Futhi (RF)'s Enterprise Value distribution charts can be found below:
* The bar in red indicates where MTN Zakhele Futhi (RF)'s Enterprise Value falls into.
MTN Zakhele Futhi (RF) Enterprise Value Calculation
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
MTN Zakhele Futhi (RF)'s Enterprise Value for the fiscal year that ended in Dec. 2024 is calculated as
* 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.
What does a Enterprise Value of R-3,030.7 Mil mean?
MTN Zakhele Futhi (RF) (JSE:MTNZF) has a Enterprise Value of R-3,030.7 Mil as of Jul. 20, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on MTN Zakhele Futhi (RF) and its competitors.
Is MTN Zakhele Futhi (RF)'s Enterprise Value too high?
MTN Zakhele Futhi (RF)'s current Enterprise Value is R-3,030.7 Mil. Overall, MTN Zakhele Futhi (RF) has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does MTN Zakhele Futhi (RF)'s Enterprise Value compare to XXI and APAD?
MTN Zakhele Futhi (RF)'s Enterprise Value of R-3,030.7 Mil can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Diversified Financial Services company?
A good Enterprise Value depends on the Diversified Financial Services industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on MTN Zakhele Futhi (RF) and its competitors. MTN Zakhele Futhi (RF)'s current Enterprise Value is R-3,030.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MTN Zakhele Futhi (RF) stock overvalued right now?
MTN Zakhele Futhi (RF) (JSE:MTNZF) has a current Enterprise Value of R-3,030.7 Mil. The stock's GF Value™ is R17.15, compared to a current price of R0.20 — trading 98.8% below its estimated fair value. The current Enterprise Value is R-3,030.7 Mil. MTN Zakhele Futhi (RF)'s overall GF Score™ is 34/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For MTN Zakhele Futhi (RF) (JSE:MTNZF), the current Enterprise Value is R-3,030.7 Mil as of Jul. 20, 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 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:
Enterprise Value: R-3,030.7 Mil
GF Value™: R17.15 vs. price of R0.20 (98.8% below fair value)
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) 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
Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
JSE:MTNZF has been successfully added to your 
