MTN Group Ltd (JSE:MTN) — Market Cap & Net Worth

$19.15 Billion USD  · ZAC36.04 Trillion ZAC  · Rank #1188

Market Cap & Net Worth: MTN Group Ltd (MTN)

MTN Group Ltd (JSE:MTN) has a market capitalization of $19.15 Billion (ZAC36.04 Trillion) as of April 19, 2026. Listed on the JSE stock exchange, this South Africa-based company holds position #1188 globally and #10 in its home market, demonstrating a -1.43% decrease in market value over the past year.

Market capitalization, also known as net worth in stock markets, is calculated by multiplying MTN Group Ltd's stock price ZAC19950.00 by its total outstanding shares 1806618827 (1.81 Billion).

MTN Group Ltd Market Cap History: 2015 to 2026

MTN Group Ltd's market capitalization history from 2015 to 2026. Data shows growth from $8.50 Billion to $19.15 Billion (4.64% CAGR).

Index Memberships

MTN Group Ltd is a constituent of 1 market index:

Index Total Market Cap Weight (%) Rank by Market Cap
JSE FTSE Top 40
JTOPI
$280.02 Billion 6.84% #5 of 38

Weight: MTN Group Ltd's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.

MTN Group Ltd Market Cap to Earnings & Revenue Ratios Timeline

This chart shows how MTN Group Ltd's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.

Latest Price to Sales (P/S) Ratio

0.05x

MTN Group Ltd's market cap is 0.05 times its annual revenue

Industry average: 0.41x Lower than industry average

Latest Price to Earnings (P/E) Ratio

N/A

P/E ratio not applicable due to negative or zero earnings

What These Ratios Tell Investors:

  • Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
  • Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
  • Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
  • Industry comparison provides context for whether the company is valued higher or lower than peers.
Year Market Cap (USD) Revenue (USD) Net Income (USD) P/S Ratio P/E Ratio
2015 $8.50 Billion $147.06 Billion $20.20 Billion 0.06x 0.42x
2016 $8.74 Billion $147.92 Billion -$2.61 Billion 0.06x N/A
2017 $10.03 Billion $132.81 Billion $4.41 Billion 0.08x 2.27x
2018 $6.90 Billion $134.56 Billion $8.72 Billion 0.05x 0.79x
2019 $6.76 Billion $151.46 Billion $8.96 Billion 0.04x 0.75x
2020 $5.33 Billion $179.36 Billion $17.02 Billion 0.03x 0.31x
2021 $15.11 Billion $181.65 Billion $13.75 Billion 0.08x 1.10x
2022 $11.44 Billion $207.00 Billion $19.04 Billion 0.06x 0.60x
2023 $10.66 Billion $221.06 Billion $4.09 Billion 0.05x 2.60x
2024 $8.83 Billion $188.00 Billion -$9.59 Billion 0.05x N/A

Competitor Companies of MTN by Market Capitalization

Companies near MTN Group Ltd in the global market cap rankings as of April 19, 2026.

Key companies related to MTN Group Ltd by market ranking:

  • T-Mobile US Inc (NASDAQ:TMUS): Ranked #82 globally with a market cap of $217.81 Billion USD.
  • T-MOBILE US INC.DL-00001 (XETRA:TM5): Ranked #90 globally with a market cap of $204.02 Billion USD ( €174.51 Billion EUR).
  • AT&T Inc (NYSE:T): Ranked #105 globally with a market cap of $179.15 Billion USD.
  • Deutsche Telekom AG (F:DTEA): Ranked #116 globally with a market cap of $166.81 Billion USD ( €142.68 Billion EUR).
Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#82 T-Mobile US Inc NASDAQ:TMUS $217.81 Billion $197.67
#90 T-MOBILE US INC.DL-00001 XETRA:TM5 $204.02 Billion €166.90
#105 AT&T Inc NYSE:T $179.15 Billion $26.51
#116 Deutsche Telekom AG F:DTEA $166.81 Billion €29.20

MTN Group Ltd Historical Marketcap From 2015 to 2026

Between 2015 and today, MTN Group Ltd's market cap moved from $8.50 Billion to $ 19.15 Billion, with a yearly change of 4.64%.

Year Market Cap Change (%)
2026 ZAC19.15 Billion +17.70%
2025 ZAC16.27 Billion +84.26%
2024 ZAC8.83 Billion -17.11%
2023 ZAC10.66 Billion -6.88%
2022 ZAC11.44 Billion -24.25%
2021 ZAC15.11 Billion +183.62%
2020 ZAC5.33 Billion -21.26%
2019 ZAC6.76 Billion -1.96%
2018 ZAC6.90 Billion -31.21%
2017 ZAC10.03 Billion +14.69%
2016 ZAC8.74 Billion +2.88%
2015 ZAC8.50 Billion --

End of Day Market Cap According to Different Sources

On Apr 18th, 2026 the market cap of MTN Group Ltd was reported to be:

Source Market Cap
Yahoo Finance $19.15 Billion USD
MoneyControl $19.15 Billion USD
MarketWatch $19.15 Billion USD
marketcap.company $19.15 Billion USD
Reuters $19.15 Billion USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.

About MTN Group Ltd

JSE:MTN South Africa Telecom Services
Market Cap
$19.15 Billion
ZAC36.04 Trillion ZAC
Market Cap Rank
#1188 Global
#10 in South Africa
Share Price
ZAC19950.00
Change (1 day)
-0.96%
52-Week Range
ZAC11124.00 - ZAC20898.00
All Time High
ZAC20898.00
About

MTN Group Limited, together with its subsidiaries, provides mobile telecommunications services in South Africa, Nigeria, South and East Africa, West and Central Africa, and the Middle East and North Africa. The company offers data, voice and SMS, interconnect, and roaming services; and sells mobile devices. It also provides digital and fintech services, such as value-added services, rich media se… Read more