MTNOF (MTN Group) OCF Margin %: 36.85% (As of Dec. 2025) — 36% Above Median


MTNOF MTN Group Ltd MTNOF
71 GF Score
Price $13.40
GF Value $8.78
Valuation Significantly Overvalued
! 8 Warning Signs
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What is MTN Group OCF Margin %?

MTN Group MTNOF 71 OCF Margin % is 36.85% as of Dec. 2025, which is 36% above its 10-year median of 27.06. GuruFocus rates MTNOF with a GF Score™ of 71/100 and a GF Value™ of $8.78 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 367 Telecommunication Services companies, MTN Group ranks better than 73.3% on this metric.

OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. MTN Group's Cash Flow from Operations for the six months ended in Dec. 2025 was $2,571 Mil. MTN Group's Revenue for the six months ended in Dec. 2025 was $6,977 Mil. Therefore, MTN Group's OCF Margin % for the quarter that ended in Dec. 2025 was 36.85%.

As of today, MTN Group's current OCF Yield % is 18.10%.

The historical rank and industry rank for MTN Group's OCF Margin % or its related term are showing as below:

MTNOF' s OCF Margin % Range Over the Past 10 Years
Min: 14   Med: 27.06   Max: 37.04
Current: 34.45


During the past 13 years, the highest OCF Margin % of MTN Group was 37.04%. The lowest was 14.00%. And the median was 27.06%.

MTNOF's OCF Margin % is ranked better than
73.3% of 367 companies
in the Telecommunication Services industry
Industry Median: 22.44 vs MTNOF: 34.45


MTN Group OCF Margin % Related Terms


MTN Group OCF Margin % Historical Data

* Premium members only.

The historical data trend for MTN Group's OCF Margin % 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 Group OCF Margin % Chart

MTN Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
OCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.04 32.91 28.98 24.42 34.38

MTN Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
OCF Margin % 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 30.44 17.57 30.83 31.73 36.85

MTNOF vs TMUS, VZ, T: OCF Margin % Comparison

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

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

* The bar in red indicates where MTN Group's OCF Margin % falls into.


MTNOF
71GF Score
MTN Group Ltd MTNOF
OCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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MTN Group OCF Margin % Calculation

OCF Margin % is the ratio of Cash Flow from Operations divided by net sales or Revenue, usually presented in percent.

MTN Group's OCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

OCF Margin=Cash Flow from Operations (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=4630.511/13468.249
=34.38 %

MTN Group's OCF Margin for the quarter that ended in Dec. 2025 is calculated as

OCF Margin=Cash Flow from Operations (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=2571.067/6977.253
=36.85 %

* 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.

Frequently Asked Questions Learn more about OCF Margin % →
What does a OCF Margin % of 36.85% mean?
MTN Group (MTNOF) has a OCF Margin % of 36.85% as of Dec. 2025. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on MTN Group and its competitors. This is 36% above median its historical median of 27.06. Over the past decade, MTN Group's OCF Margin % has ranged from 14.00 to 37.04. According to the industry distribution chart, MTN Group ranks #98 out of 367 companies in the Telecommunication Services industry, placing it in the top 26.7%.
Is MTN Group's OCF Margin % too high?
MTN Group's current OCF Margin % of 36.85% is 36% above median its 10-year median of 27.06. Over the past 10 years, this metric has ranged from a low of 14.00 to a high of 37.04. The Telecommunication Services industry median OCF Margin % is 22.44. MTN Group's value of 36.85% is 64.2% above this industry median. Based on the distribution chart, MTN Group ranks #98 out of 367 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, MTN Group has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MTN Group's OCF Margin % compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, MTN Group ranks #98 out of 367 companies for OCF Margin %. This puts MTN Group in the upper half of its industry. The industry median OCF Margin % is 22.44. MTN Group's value of 36.85% is 64.2% above this benchmark. Historically, MTN Group's own OCF Margin % has ranged from 14.00 to 37.04 over the past decade. While the company's 10-year median is 27.06 vs. the industry median of 22.44, MTN Group has consistently been above 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 OCF Margin % for a Telecommunication Services company?
The median OCF Margin % among Telecommunication Services companies is 22.44, based on 367 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MTN Group's current OCF Margin % of 36.85% is 64.2% above 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 OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on MTN Group and its competitors. For the Telecommunication Services industry, the median OCF Margin % is 22.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MTN Group's current OCF Margin % is 36.85%, which is 36% above median its own 10-year median of 27.06. 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 (MTNOF) is currently considered Significantly Overvalued. The stock's GF Value™ is $8.78, compared to a current price of $13.40 — trading 52.6% above its estimated fair value. The current OCF Margin % is 36.85%, which is 36% above median its 10-year median of 27.06 and 64.2% above the Telecommunication Services industry median of 22.44. MTN Group's overall GF Score™ is 71/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For MTN Group (MTNOF), the current OCF Margin % is 36.85% as of Dec. 2025. 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 (MTNOF) Overvalued in 2026?

Based on GuruFocus' analysis, MTN Group stock appears to be overvalued. The current stock price of $13.40 is trading 52.6% above its estimated GF Value™ of $8.78. GuruFocus considers MTN Group to be Significantly Overvalued.

Key valuation signals for MTNOF:

  • OCF Margin %: 36.85% (36% above median its 10-year median of 27.06)
  • GF Value™: $8.78 vs. price of $13.40 (52.6% above fair value)
  • GF Score™: 71/100 with 8 warning signs
  • Industry Position: 64.2% above the Telecommunication Services median (#98 of 367)

No single metric tells the full story. See the MTNOF 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.
71GF Score

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

$13.40
Price
$8.78
GF Value