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Mantengu Limited (MTU) Fair Value & Analysis

Basic Materials · ZA · Market cap 101M ZAR

ML Mantengu Limited MTU · JSE
Price0.3000 ZAR
Fair Value1.74 ZAR
Upside+480.0%
Quality95/100
Evidence: Low Range 1.26 ZAR – 2.22 ZAR

Fair value as of: Jun 26, 2026

From 15 valuation models · updated 4 days ago

Fair value updated Jun 26, 2026 — revised from 28.86 ZAR to 1.74 ZAR (−94.0%) since Jun 24, 2026. Share price −18.9% over the past month.

Price vs Fair Value (12 months)

0.7500 ZAR 0.1900 ZAR Fair Value 1.74 ZAR Jun 2025 Jun 2026

12‑month range 0.1900 ZAR – 0.7500 ZAR · fair‑value band 1.26 ZAR – 2.22 ZAR · the 0.3000 ZAR price screens below the 1.74 ZAR fair value. As of Jun 26, 2026.

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Analysis

Mantengu Limited (MTU) currently trades at 0.3000 ZAR, while our model-based Fair Value estimate is 1.74 ZAR — implying the stock looks roughly 480.0% undervalued today. We read business quality at 95/100 (high quality), in the Basic Materials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: low) — always confirm before acting.

Over the trailing twelve months, Mantengu Limited generated revenue of 445M ZAR at a net margin of 49.3%. Revenue grew 109.7% year over year. It earns a return on equity of 70.7%. Net debt stands at 60.5M ZAR. Fundamentals as of Jun 26, 2026

Key figures & financial health

Revenue (TTM) 445M ZAR
Revenue growth (YoY) +110%
Net margin 49.3%
Return on equity 70.7%
Free cash flow −92.7M ZAR FY2025
P/E ratio 0.3
More key figures
Operating margin -24.1%
EPS (TTM) 1.19 ZAR
EPS growth (YoY) +1,112%
Net debt 60.5M ZAR FY2022

Figures from reported company fundamentals (EODHD) · as of Jun 26, 2026. TTM = trailing twelve months.

About the company

Mantengu Limited, together with its subsidiaries, operates as a resource investment company. It focuses on the mining, mining services, and energy sectors. The company is also involved in the mining and processing of chrome ore to produce chrome concentrate with platinum group metals (PGMs) as a by-product. The company was formerly known as Mantengu Mining Limited and changed its name to Mantengu Limited in September 2025. Mantengu Limited is based in Sandton, South Africa.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Mantengu Limited reported revenue of 317M ZAR in FY2025 versus 0 ZAR in FY2021. Reported net income was 303M ZAR in FY2025.

Revenue
FY21 0 ZAR
FY22 0 ZAR
FY23 4.5M ZAR
FY24 110M ZAR
FY25 317M ZAR
Net income
FY21 −1.5M ZAR
FY22 7.7M ZAR
FY23 −16.9M ZAR
FY24 1.2M ZAR
FY25 303M ZAR

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Frequently asked questions

Is Mantengu Limited (MTU) undervalued?
As of Jun 26, 2026, our model estimates a fair value of 1.74 ZAR versus a price of 0.3000 ZAR — about +480% (undervalued). Model-based estimate, not financial advice.
What is the fair value of MTU?
Our 21-model fair value for Mantengu Limited is 1.74 ZAR (as of Jun 26, 2026), built from audited fundamentals. The current price is 0.3000 ZAR.
What is the quality score of MTU?
Mantengu Limited has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Mantengu Limited (MTU)?
Mantengu Limited reported trailing-twelve-month revenue of about 445M ZAR (latest available figure, as of Jun 26, 2026).
What is the net profit margin of MTU?
The net profit margin of Mantengu Limited is about 49.3%, meaning it keeps roughly 49.3% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.