MTN Ghana (XGHA:MTNGH) Revenue: GHS28,082 Mil (TTM As of Jun. 2026)

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XGHA:MTNGH MTN Ghana XGHA:MTNGH
100 GF Score
Price GHS6.69
GF Value GHS4.59
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is MTN Ghana Revenue?

MTN Ghana XGHA:MTNGH +2.92% 100 Revenue is GHS28,082 Mil as of Jun. 2026. GuruFocus rates XGHA:MTNGH with a GF Score™ of 100/100 and a GF Value™ of GHS4.59 (Significantly Overvalued). The stock has 7 warning signs investors should review.

MTN Ghana's revenue for the three months ended in Jun. 2026 was GHS7,721 Mil. Its revenue for the trailing twelve months (TTM) ended in Jun. 2026 was GHS28,082 Mil. MTN Ghana's Revenue per Share for the three months ended in Jun. 2026 was GHS0.58. Its Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2026 was GHS2.12.

During the past 12 months, the average Revenue per Share Growth Rate of MTN Ghana was 49.80% per year. During the past 3 years, the average Revenue per Share Growth Rate was 31.80% per year. During the past 5 years, the average Revenue per Share Growth Rate was 29.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 13 years, MTN Ghana's highest 3-Year average Revenue per Share Growth Rate was 31.80% per year. The lowest was 15.60% per year. And the median was 25.60% per year.


MTN Ghana  (XGHA:MTNGH) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


MTN Ghana Revenue Related Terms


MTN Ghana Revenue Historical Data

* Premium members only.

The historical data trend for MTN Ghana's Revenue 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 Revenue Chart

MTN Ghana Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7,723.26 9,916.11 13,349.47 17,948.33 24,430.31

MTN Ghana Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Revenue 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 5,980.71 6,053.43 7,033.91 7,273.96 7,721.16

XGHA:MTNGH vs VZ, TMUS, T: Revenue Comparison

For the Telecom Services subindustry, MTN Ghana's Revenue, along with its competitors' market caps and Revenue 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 Revenue vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, MTN Ghana's Revenue distribution charts can be found below:

* The bar in red indicates where MTN Ghana's Revenue falls into.


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

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was GHS28,082 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.

Frequently Asked Questions Learn more about Revenue →
What does a Revenue of GHS28,082 Mil mean?
MTN Ghana (XGHA:MTNGH) has a Revenue of GHS28,082 Mil as of Jun. 2026. Revenue is the total amount a company generates as sales through its operations. View historical data on MTN Ghana and its competitors.
Is MTN Ghana's Revenue too high?
MTN Ghana's current Revenue is GHS28,082 Mil. 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 Revenue compare to VZ and TMUS?
MTN Ghana's Revenue of GHS28,082 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 Revenue for a Telecommunication Services company?
A good Revenue depends on the Telecommunication Services industry context. However, Revenue 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 Revenue mean?
A high Revenue can signal that a stock is expensive relative to its fundamentals. Revenue is the total amount a company generates as sales through its operations. View historical data on MTN Ghana and its competitors. MTN Ghana's current Revenue is GHS28,082 Mil. 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 GHS4.59, compared to a current price of GHS6.69 — trading 45.8% above its estimated fair value. The current Revenue is GHS28,082 Mil. MTN Ghana's overall GF Score™ is 100/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Revenue calculated?
Revenue is calculated from a company's financial statements. For MTN Ghana (XGHA:MTNGH), the current Revenue is GHS28,082 Mil as of Jun. 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 GHS6.69 is trading 45.8% above its estimated GF Value™ of GHS4.59. GuruFocus considers MTN Ghana to be Significantly Overvalued.

Key valuation signals for XGHA:MTNGH:

  • Revenue: GHS28,082 Mil
  • GF Value™: GHS4.59 vs. price of GHS6.69 (45.8% above fair value)
  • GF Score™: 100/100 with 7 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

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

GHS6.69
Price
GHS4.59
GF Value