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 Group's Enterprise Value is €23,623 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 ratio for today is 7.04.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, MTN Group's Enterprise Value is €23,623 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 ratio for today is 4.46.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, MTN Group's Enterprise Value is €23,623 Mil.
MTN Group's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was €11,275 Mil. Therefore, MTN Group's EV-to-Revenue ratio for today is 2.10.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, MTN Group's Enterprise Value is €23,623 Mil.
MTN Group's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €1,784 Mil. Therefore, MTN Group's EV-to-FCF ratio for today is 13.24.
*** 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 Group (STU:LL6) 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 Group's current Enterprise Value is €23,623 Mil.
For company reported semi-annually or 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.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
MTN Group's current Enterprise Value is €23,623 Mil.
For company reported semi-annually or 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.
MTN Group's current Enterprise Value is €23,623 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. MTN Group's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was €11,275 Mil.
MTN Group's current Enterprise Value is €23,623 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. MTN Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was €3,882 Mil.
MTN Group's current Enterprise Value is €23,623 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. MTN Group's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €1,784 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 Enterprise Value Related Terms
MTN Group Enterprise Value Historical Data
* Premium members only.
The historical data trend for MTN Group'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.
STU:LL6 vs TMUS, VZ, T: Enterprise Value Comparison
For the Telecom Services subindustry, MTN Group'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 Group Enterprise Value vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, MTN Group's Enterprise Value distribution charts can be found below:
* The bar in red indicates where MTN Group's Enterprise Value falls into.
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 Group's Enterprise Value for the fiscal year that ended in Dec. 2025 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.
MTN Group (STU:LL6) has a Enterprise Value of €23,623 Mil as of Jun. 28, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on MTN Group and its competitors.
Is MTN Group's Enterprise Value too high?
MTN Group's current Enterprise Value is €23,623 Mil. 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 Enterprise Value compare to TMUS and VZ?
MTN Group's Enterprise Value of €23,623 Mil can be compared against companies in the Telecommunication 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 Telecommunication Services company?
A good Enterprise Value depends on the Telecommunication 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 Group and its competitors. MTN Group's current Enterprise Value is €23,623 Mil. 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 €7.81, compared to a current price of €11.50 — trading 47.2% above its estimated fair value. The current Enterprise Value is €23,623 Mil. 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 Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For MTN Group (STU:LL6), the current Enterprise Value is €23,623 Mil as of Jun. 28, 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 €11.50 is trading 47.2% above its estimated GF Value™ of €7.81.
GuruFocus considers MTN Group to be Significantly Overvalued.
Key valuation signals for STU:LL6:
Enterprise Value: €23,623 Mil
GF Value™: €7.81 vs. price of €11.50 (47.2% above fair value)
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.
79GF Score
Get the complete analysis for STU:LL6
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