Nigerian (NSE) Telecom Sector Analysis
UpdatedMay 08, 2024
DataAggregated Company Financials
Companies4
- 7D-3.4%
- 3M-18.4%
- 1Y103.6%
- YTD-23.4%
Over the last 7 days, the Telecom industry has remained flat, although notably MTN Nigeria Communications gained 6.4%. The past year has been better, since the industry has gained 109% in that time.
Sector Valuation and Performance
Has the Nigerian Telecom Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 08 May 2024 | ₦8.8b | ₦11.3b | -₦381,009,000.00 | 5.7x | -23.1x | 0.8x |
| Fri, 05 Apr 2024 | ₦8.6b | ₦11.2b | -₦302,669,000.00 | 6.4x | -28.6x | 0.8x |
| Sun, 03 Mar 2024 | ₦10.8b | ₦11.2b | -₦302,669,000.00 | 6.4x | -35.6x | 1x |
| Tue, 30 Jan 2024 | ₦6.2t | ₦2.3t | ₦238.9b | 10.7x | 25.8x | 2.6x |
| Thu, 28 Dec 2023 | ₦5.3t | ₦2.3t | ₦238.9b | 5.5x | 22.1x | 2.3x |
| Sat, 25 Nov 2023 | ₦5.0t | ₦2.3t | ₦238.9b | 5.7x | 20.9x | 2.1x |
| Mon, 23 Oct 2023 | ₦5.2t | ₦2.2t | ₦308.2b | 4.8x | 17x | 2.3x |
| Wed, 20 Sep 2023 | ₦5.7t | ₦2.2t | ₦308.2b | 4.5x | 18.4x | 2.5x |
| Fri, 18 Aug 2023 | ₦5.6t | ₦2.2t | ₦308.4b | 4.9x | 18.1x | 2.5x |
| Sun, 16 Jul 2023 | ₦5.4t | ₦2.1t | ₦365.1b | 6.8x | 14.8x | 2.5x |
| Tue, 13 Jun 2023 | ₦5.1t | ₦2.1t | ₦364.0b | 7x | 14x | 2.4x |
| Thu, 11 May 2023 | ₦4.7t | ₦2.1t | ₦364.0b | 5.7x | 12.8x | 2.2x |
| Sat, 08 Apr 2023 | ₦4.9t | ₦2.0t | ₦360.5b | 4.5x | 13.5x | 2.4x |
| Mon, 06 Mar 2023 | ₦5.0t | ₦2.0t | ₦360.5b | 5x | 13.8x | 2.5x |
| Wed, 01 Feb 2023 | ₦4.6t | ₦1.9t | ₦347.7b | 4.8x | 13.2x | 2.4x |
| Fri, 30 Dec 2022 | ₦4.4t | ₦1.9t | ₦348.2b | 3.1x | 12.5x | 2.3x |
| Sun, 27 Nov 2022 | ₦4.3t | ₦1.9t | ₦348.2b | 3x | 12.3x | 2.2x |
| Tue, 25 Oct 2022 | ₦4.0t | ₦1.8t | ₦337.8b | 5.1x | 11.7x | 2.2x |
| Thu, 22 Sep 2022 | ₦4.1t | ₦1.8t | ₦337.8b | 5.1x | 12x | 2.2x |
| Sat, 20 Aug 2022 | ₦4.0t | ₦1.8t | ₦338.2b | 6.2x | 11.8x | 2.2x |
| Mon, 18 Jul 2022 | ₦4.7t | ₦1.8t | ₦321.5b | 4.8x | 14.6x | 2.7x |
| Wed, 15 Jun 2022 | ₦4.9t | ₦1.8t | ₦321.5b | 4x | 15.2x | 2.8x |
| Fri, 13 May 2022 | ₦4.9t | ₦1.8t | ₦321.5b | 4.2x | 15.2x | 2.8x |
| Sun, 10 Apr 2022 | ₦4.2t | ₦1.7t | ₦298.2b | 4.2x | 14.1x | 2.5x |
| Tue, 08 Mar 2022 | ₦4.1t | ₦1.7t | ₦299.7b | 4.5x | 13.8x | 2.5x |
| Thu, 03 Feb 2022 | ₦4.1t | ₦1.7t | ₦297.8b | 3.4x | 13.9x | 2.5x |
| Sat, 01 Jan 2022 | ₦3.7t | ₦1.6t | ₦280.1b | 8.7x | 13.2x | 2.3x |
| Mon, 29 Nov 2021 | ₦3.9t | ₦1.6t | ₦280.1b | 8.5x | 13.8x | 2.4x |
| Wed, 27 Oct 2021 | ₦3.5t | ₦1.5t | ₦250.5b | 14.4x | 14.2x | 2.4x |
| Fri, 24 Sep 2021 | ₦3.6t | ₦1.5t | ₦250.5b | 16.5x | 14.2x | 2.4x |
| Sun, 22 Aug 2021 | ₦3.5t | ₦1.5t | ₦250.5b | 14.8x | 14x | 2.3x |
| Fri, 09 Jul 2021 | ₦3.3t | ₦1.5t | ₦250.5b | 13.2x | 13.3x | 2.2x |
Price to Earnings Ratio
14.7x
Current Industry PE
- Investors are pessimistic on the Nigerian Communication Services industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 2.3x is higher than the industry's current PS ratio of 0.80x.
Past Earnings Growth
- Total earnings for the Communication Services industry have declined over the last three years, with the industry now making a loss overall.
- Revenues have also declined 80% per year, which is driving profits down.
Industry Trends
Which industries have driven the changes within the Nigerian Telecom sector?
| NG Market | 1.47% | |
| Telecom | -3.40% | |
| Entertainment | 0% | |
| Interactive Media and Services | 0% | |
| Telecom Services and Carriers | 0% | |
| Wireless Telecom | 0% | |
| Media | -3.42% | |
Industry PE
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| MTNN MTN Nigeria Communications | ₦215.00 | 2.4% +₦104.8b | -6.1% | PS1.7x |