MTN Group (STU:LL6) Pretax Margin %: 22.22% (As of Dec. 2025) — 94% Above Median


STU:LL6 MTN Group Ltd STU:LL6
79 GF Score
Price €11.50
GF Value €7.81
Valuation Significantly Overvalued
! 8 Warning Signs
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What is MTN Group Pretax Margin %?

MTN Group STU:LL6 -4.17% 79 Pretax Margin % is 22.22% as of Dec. 2025, which is 94% above its 10-year median of 11.43. GuruFocus rates STU:LL6 with a GF Score™ of 79/100 and a GF Value™ of €7.81 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 366 Telecommunication Services companies, MTN Group ranks better than 81.97% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. MTN Group's Pre-Tax Income for the six months ended in Dec. 2025 was €1,324 Mil. MTN Group's Revenue for the six months ended in Dec. 2025 was €5,959 Mil. Therefore, MTN Group's pretax margin for the quarter that ended in Dec. 2025 was 22.22%.

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

STU:LL6' s Pretax Margin % Range Over the Past 10 Years
Min: -2.17   Med: 11.43   Max: 20.92
Current: 20.92


STU:LL6's Pretax Margin % is ranked better than
81.97% of 366 companies
in the Telecommunication Services industry
Industry Median: 7.6 vs STU:LL6: 20.92

MTN Group  (STU:LL6) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


MTN Group Pretax Margin % Related Terms


MTN Group Pretax Margin % Historical Data

* Premium members only.

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

MTN Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.86 19.75 5.32 -2.17 20.92

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
Pretax 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 3.25 -9.96 5.12 19.52 22.22

STU:LL6 vs TMUS, VZ, T: Pretax Margin % Comparison

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

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

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


STU:LL6
79GF Score
MTN Group Ltd STU:LL6
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MTN Group Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

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

Pretax Margin=Pre-Tax Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=2406.138/11501.885
=20.92 %

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

Pretax Margin=Pre-Tax Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=1323.97/5958.574
=22.22 %

* 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 Pretax Margin % →
What does a Pretax Margin % of 22.22% mean?
MTN Group (STU:LL6) has a Pretax Margin % of 22.22% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on MTN Group and its competitors. This is 94% above median its historical median of 11.43. According to the industry distribution chart, MTN Group ranks #66 out of 366 companies in the Telecommunication Services industry, placing it in the top 18%.
Is MTN Group's Pretax Margin % too high?
MTN Group's current Pretax Margin % of 22.22% is 94% above median its 10-year median of 11.43. The Telecommunication Services industry median Pretax Margin % is 7.60. MTN Group's value of 22.22% is 192.4% above this industry median. Based on the distribution chart, MTN Group ranks #66 out of 366 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 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MTN Group's Pretax Margin % compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, MTN Group ranks #66 out of 366 companies for Pretax Margin %. This places MTN Group in the top 18% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 7.60. MTN Group's value of 22.22% is 192.4% above this benchmark. While the company's 10-year median is 11.43 vs. the industry median of 7.60, 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 Pretax Margin % for a Telecommunication Services company?
The median Pretax Margin % among Telecommunication Services companies is 7.60, based on 366 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MTN Group's current Pretax Margin % of 22.22% is 192.4% 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on MTN Group and its competitors. For the Telecommunication Services industry, the median Pretax Margin % is 7.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MTN Group's current Pretax Margin % is 22.22%, which is 94% above median its own 10-year median of 11.43. 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 Pretax Margin % is 22.22%, which is 94% above median its 10-year median of 11.43 and 192.4% above the Telecommunication Services industry median of 7.60. 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 Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For MTN Group (STU:LL6), the current Pretax Margin % is 22.22% 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 (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:

  • Pretax Margin %: 22.22% (94% above median its 10-year median of 11.43)
  • GF Value™: €7.81 vs. price of €11.50 (47.2% above fair value)
  • GF Score™: 79/100 with 8 warning signs
  • Industry Position: 192.4% above the Telecommunication Services median (#66 of 366)

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.
79GF Score

Get the complete analysis for STU:LL6

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

€11.50
Price
€7.81
GF Value