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

$20.96 Billion USD  · ZAC39.45 Trillion ZAC  · Rank #1231

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

MTN Group Ltd (JSE:MTN) has a market capitalization of $20.96 Billion (ZAC39.45 Trillion) as of June 4, 2026. Listed on the JSE stock exchange, this South Africa-based company holds position #1231 globally and #9 in its home market, demonstrating a 3.32% increase 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 ZAC21520.00 by its total outstanding shares 1832972375 (1.83 Billion). Review MTN total debt and obligations to assess the company's total debt and financial obligations.

MTN Group Ltd Market Cap History: 2015 to 2026

MTN Group Ltd's market capitalization history from 2015 to 2026. Data shows growth from $8.62 Billion to $20.96 Billion (5.33% 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
$396.78 Billion 5.28% #7 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

0.07x

MTN Group Ltd's market cap is 0.07 times its annual revenue

Industry average: 0.61x Lower than industry average

Latest Price to Earnings (P/E) Ratio

0.81x

MTN Group Ltd's market cap is 0.81 times its annual earnings

Industry average: 1.99x Lower than industry average

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
2016 $8.87 Billion $147.92 Billion -$2.61 Billion 0.06x N/A
2017 $10.18 Billion $132.81 Billion $4.41 Billion 0.08x 2.31x
2018 $7.00 Billion $134.56 Billion $8.72 Billion 0.05x 0.80x
2019 $6.86 Billion $151.46 Billion $8.96 Billion 0.05x 0.77x
2020 $5.40 Billion $179.36 Billion $17.02 Billion 0.03x 0.32x
2021 $15.33 Billion $181.65 Billion $13.75 Billion 0.08x 1.11x
2022 $11.61 Billion $207.00 Billion $19.04 Billion 0.06x 0.61x
2023 $10.81 Billion $221.06 Billion $4.09 Billion 0.05x 2.64x
2024 $8.96 Billion $188.00 Billion -$9.59 Billion 0.05x N/A
2025 $16.51 Billion $226.71 Billion $20.26 Billion 0.07x 0.81x

Competitor Companies of MTN by Market Capitalization

Companies near MTN Group Ltd in the global market cap rankings as of June 4, 2026.

Key companies related to MTN Group Ltd by market ranking:

  • T-Mobile US Inc (NASDAQ:TMUS): Ranked #104 globally with a market cap of $196.37 Billion USD.
  • Verizon Communications Inc (SA:VERZ34): Ranked #105 globally with a market cap of $195.66 Billion USD ( R$997.15 Billion BRL).
  • Verizon Communications Inc (NYSE:VZ): Ranked #107 globally with a market cap of $194.81 Billion USD.
  • SoftBank Group Corp (F:SFTU): Ranked #123 globally with a market cap of $180.08 Billion USD ( €154.03 Billion EUR).
Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#104 T-Mobile US Inc NASDAQ:TMUS $196.37 Billion $181.45
#105 Verizon Communications Inc SA:VERZ34 $195.66 Billion R$39.41
#107 Verizon Communications Inc NYSE:VZ $194.81 Billion $46.65
#123 SoftBank Group Corp F:SFTU $180.08 Billion €22.40

MTN Group Ltd Historical Marketcap From 2015 to 2026

Between 2015 and today, MTN Group Ltd's market cap moved from $8.62 Billion to $ 20.96 Billion, with a yearly change of 5.33%.

Year Market Cap Change (%)
2026 ZAC20.96 Billion +26.96%
2025 ZAC16.51 Billion +84.26%
2024 ZAC8.96 Billion -17.11%
2023 ZAC10.81 Billion -6.88%
2022 ZAC11.61 Billion -24.25%
2021 ZAC15.33 Billion +183.62%
2020 ZAC5.40 Billion -21.26%
2019 ZAC6.86 Billion -1.96%
2018 ZAC7.00 Billion -31.21%
2017 ZAC10.18 Billion +14.69%
2016 ZAC8.87 Billion +2.88%
2015 ZAC8.62 Billion --

End of Day Market Cap According to Different Sources

On Jun 4th, 2026 the market cap of MTN Group Ltd was reported to be:

Source Market Cap
Yahoo Finance $20.96 Billion USD
MoneyControl $20.96 Billion USD
MarketWatch $20.96 Billion USD
marketcap.company $20.96 Billion USD
Reuters $20.96 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
$20.96 Billion
ZAC39.45 Trillion ZAC
Market Cap Rank
#1231 Global
#9 in South Africa
Share Price
ZAC21520.00
Change (1 day)
+0.02%
52-Week Range
ZAC12670.00 - ZAC21920.00
All Time High
ZAC21920.00
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