MTN Group (STU:LL6) Moat Score: 6/10 (As of Jul. 02, 2026)


STU:LL6 MTN Group Ltd STU:LL6
78 GF Score
Price €11.90
GF Value €7.77
Valuation Significantly Overvalued
! 8 Warning Signs
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What is MTN Group Moat Score?

MTN Group STU:LL6 78 Moat Score is 6 as of Jul. 02, 2026. GuruFocus rates STU:LL6 with a GF Score™ of 78/100 and a GF Value™ of €7.77 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 388 Telecommunication Services companies, MTN Group ranks better than 95.36% on this metric.

MTN Group has the Moat Score of 6, which implies that the company might have Narrow Moat - Strong narrow moat, clearly distinguishable but not wide.

MTN Group has Narrow Moat: MTN Group Ltd has a strong narrow moat due to its market leadership in telecommunications in Africa, significant customer switching costs, and strong brand strength. However, it faces regulatory challenges and competition that limit its pricing power.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes MTN Group might have Narrow Moat - Strong narrow moat, clearly distinguishable but not wide.

MTN Group  (STU:LL6) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

MTN Group Moat Score Related Terms

STU:LL6 vs TMUS, VZ, T: Moat Score Comparison

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

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

* The bar in red indicates where MTN Group's Moat Score falls into.


STU:LL6
78GF Score
MTN Group Ltd STU:LL6
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 6 mean?
MTN Group (STU:LL6) has a Moat Score of 6 as of Jul. 02, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, MTN Group ranks #18 out of 388 companies in the Telecommunication Services industry, placing it in the top 4.6%.
Is MTN Group's Moat Score too high?
MTN Group's current Moat Score is 6. Based on the distribution chart, MTN Group ranks #18 out of 388 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 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MTN Group's Moat Score compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, MTN Group ranks #18 out of 388 companies for Moat Score. This places MTN Group in the top 5% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Moat Score for a Telecommunication Services company?
A good Moat Score depends on the Telecommunication Services industry context. However, Moat Score 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 Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. MTN Group's current Moat Score is 6. 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 €7.77, compared to a current price of €11.90 — trading 53.2% above its estimated fair value. The current Moat Score is 6. MTN Group's overall GF Score™ is 78/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Moat Score calculated?
Moat Score is calculated from a company's financial statements. For MTN Group (STU:LL6), the current Moat Score is 6 as of Jul. 02, 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 €11.90 is trading 53.2% above its estimated GF Value™ of €7.77. GuruFocus considers MTN Group to be Significantly Overvalued.

Key valuation signals for STU:LL6:

  • Moat Score: 6
  • GF Value™: €7.77 vs. price of €11.90 (53.2% above fair value)
  • GF Score™: 78/100 with 8 warning signs

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.
78GF Score

Get the complete analysis for STU:LL6

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

€11.90
Price
€7.77
GF Value