MTN Ghana (XGHA:MTNGH) Net Current Asset Value: GHS-0.09 (As of Mar. 2026)

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XGHA:MTNGH MTN Ghana XGHA:MTNGH
100 GF Score
Price GHS7.00
GF Value GHS4.28
Valuation Significantly Overvalued
! 6 Warning Signs
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What is MTN Ghana Net Current Asset Value?

MTN Ghana XGHA:MTNGH -0.14% 100 Net Current Asset Value is GHS-0.09 as of Mar. 2026. GuruFocus rates XGHA:MTNGH with a GF Score™ of 100/100 and a GF Value™ of GHS4.28 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 97 Telecommunication Services companies, MTN Ghana ranks worse than 1030926.8% on this metric.

In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).

MTN Ghana's net current asset value per share for the quarter that ended in Mar. 2026 was GHS-0.09.

The historical rank and industry rank for MTN Ghana's Net Current Asset Value or its related term are showing as below:

XGHA:MTNGH's Price-to-Net-Current-Asset-Value is not ranked *
in the Telecommunication Services industry.
Industry Median: 5.43
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

MTN Ghana  (XGHA:MTNGH) Net Current Asset Value Explanation

Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."

The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]

Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham’s strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.


MTN Ghana Net Current Asset Value Related Terms


MTN Ghana Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for MTN Ghana's Net Current Asset 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.

MTN Ghana Net Current Asset Value Chart

MTN Ghana Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only -0.15 -0.12 -0.11 -0.16 -0.17

MTN Ghana Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Current Asset Value 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 -0.02 -0.15 -0.20 -0.17 -0.09

XGHA:MTNGH vs VZ, TMUS, T: Net Current Asset Value Comparison

For the Telecom Services subindustry, MTN Ghana's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-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 Ghana Price-to-Net-Current-Asset-Value vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, MTN Ghana's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where MTN Ghana's Price-to-Net-Current-Asset-Value falls into.


XGHA:MTNGH
100GF Score
MTN Ghana XGHA:MTNGH
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
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MTN Ghana Net Current Asset Value Calculation

MTN Ghana's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2025 is calculated as

Net Current Asset Value Per Share(A: Dec. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(45978.571-48219.171-0-0)/13236.175
=-0.17

MTN Ghana's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2026 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(8691.388-9915.389-0-0)/13236.175
=-0.09

* 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 Net Current Asset Value of GHS-0.09 mean?
MTN Ghana (XGHA:MTNGH) has a Net Current Asset Value of GHS-0.09 as of Mar. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on MTN Ghana and its competitors. According to the industry distribution chart, MTN Ghana ranks #999999 out of 97 companies in the Telecommunication Services industry.
Is MTN Ghana's Net Current Asset Value too high?
MTN Ghana's current Net Current Asset Value is GHS-0.09. Based on the distribution chart, MTN Ghana ranks #999999 out of 97 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, MTN Ghana has a GF Score™ of 100/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MTN Ghana's Net Current Asset Value compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, MTN Ghana ranks #999999 out of 97 companies for Net Current Asset Value. This places MTN Ghana in the lower half of its industry. The industry median Net Current Asset Value is 5.43. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Current Asset Value for a Telecommunication Services company?
The median Net Current Asset Value among Telecommunication Services companies is 5.43, based on 97 companies in the industry. Companies in the top quartile (top 25%) have a Net Current Asset Value significantly above this median, while those in the bottom quartile fall well below. However, Net Current Asset 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 Net Current Asset Value mean?
A high Net Current Asset Value can signal that a stock is expensive relative to its fundamentals. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on MTN Ghana and its competitors. For the Telecommunication Services industry, the median Net Current Asset Value is 5.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MTN Ghana's current Net Current Asset Value is GHS-0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MTN Ghana stock overvalued right now?
Based on GuruFocus' analysis, MTN Ghana (XGHA:MTNGH) is currently considered Significantly Overvalued. The stock's GF Value™ is GHS4.28, compared to a current price of GHS7.00 — trading 63.6% above its estimated fair value. The current Net Current Asset Value is GHS-0.09. MTN Ghana's overall GF Score™ is 100/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Current Asset Value calculated?
Net Current Asset Value is calculated from a company's financial statements. For MTN Ghana (XGHA:MTNGH), the current Net Current Asset Value is GHS-0.09 as of Mar. 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 Ghana (XGHA:MTNGH) Overvalued in 2026?

Based on GuruFocus' analysis, MTN Ghana stock appears to be overvalued. The current stock price of GHS7.00 is trading 63.6% above its estimated GF Value™ of GHS4.28. GuruFocus considers MTN Ghana to be Significantly Overvalued.

Key valuation signals for XGHA:MTNGH:

  • Net Current Asset Value: GHS-0.09
  • GF Value™: GHS4.28 vs. price of GHS7.00 (63.6% above fair value)
  • GF Score™: 100/100 with 6 warning signs

No single metric tells the full story. See the XGHA:MTNGH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MTN Ghana Business Description

Address MTN House, Independence Avenue, West Ridge, Plot OER 6, Accra, GHA
MTN Ghana is a Ghana-based company that provides mobile financial services in the financial services industry. The principal activities are the provision of telecommunication services including voice, data, and enterprise solutions, mobile financial services, the development of strategic partnerships to provide developed services, and the provision of consultancy and support services in the mobile banking, payment services and fintech space. The company has four reportable segments, namely Network services, Interconnect and roaming, Digital and Fintech, and devices and accessories, out of which it derives maximum revenue from Network services.
100GF Score

Get the complete analysis for XGHA:MTNGH

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

GHS7.00
Price
GHS4.28
GF Value